Are “We Buy Houses” Companies a Ripoff?

by kelsey heath

AuthorKelsey Heath.  Date:

You’ve likely seen signs that say “We Buy Houses Fast!” or “Sell Your Ugly House Today!” while driving around, but are these offers too good to be true? For some homeowners, working with a cash buyer can be a fair deal and a much-needed solution for a quick sale. For others, it can mean walking away with far less than their home’s actual value. Does “We Buy Houses” ripoff sellers, or is it a valuable service? Cash buyers can offer an honest service, but how do you know if you’re getting a fair deal or setting yourself up for disappointment? The reality is that “We Buy Houses” companies aren’t necessarily ripoffs, but sellers need to understand how they work and which properties they are best suited for. Some offer reputable, all-cash offers that help distressed homeowners sell quickly, while others might use high-pressure tactics or offer a much lower purchase … Continued

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