If you want to sell your house quickly and as-is, cash buyers might seem like an appealing solution. However, there are several key considerations before opting for such a sale option.

Companies that buy houses are usually investment firms looking to renovate and flip properties for profit or rent them out as rentals. Once the home has been evaluated to establish its value, an offer will usually come within 24-48 hours (though you are under no obligation to accept). Their offers may even go below market value so as to cover their expenses while still turning a profit.

Many ‘we buy houses’ companies are operating legally, yet there are also fraudsters out there looking to take advantage of homeowners desperate to sell. Some ‘Cash for Homes’ signs may pop up around neighborhoods and cold call or text homeowners with offers of cash in return. Homeowners should exercise extreme caution around such companies and never respond to unsolicited phone calls or emails from unfamiliar entities that arrive from unfamiliar businesses claiming they want your business. Furthermore, any time an investor or representative from one of these cash for homes companies act suspicious or pushy this could be an indicator that something fishy is taking place and homeowners should exercise extreme caution around these offers from such firms.

Selling to a real estate company that buys houses can often be straightforward. Once you provide basic information about your house online or over the phone (such as size and condition), a representative from that company will come out for an on-site assessment, though some also evaluate homes entirely online. After which, an offer may be given based on local housing market analysis as well as recent sales; final offers may be adjusted according to any necessary repairs you need done before choosing a closing date – usually within just weeks!

Keep in mind, however, that selling to cash buyers won’t net you as much in returns than selling on the open market and won’t benefit from competitive bidding that could drive up purchase prices on an open market. Before deciding whether or not selling to a cash buyer is best for you, consult a top real estate agent about all your options and help understand current market conditions.

If you are selling to a ‘we buy houses’ company, make sure that all terms of your contract are clearly spelled out before signing it. Also have it reviewed by an attorney or CPA so as to be protected against back-out clauses or unexpected conditions during the sale – for instance any outstanding title issues or liens must be cleared up by closing for it to proceed and your house prepared for inspection and repairs as necessary.