Are Cash Buyers Legitimate? How Do They Work?

Cash buyers have been popping up everywhere over the past few years, and some actually do have legitimate transactions to back up their claims.

But, can you really trust them? Or, perhaps more importantly, how do they even work?

How do Real Estate Investors Work?

Cash buyers are companies who say that “we buy houses NJ” for cash. What they won’t tell you is that their offers are usually below-market, which doesn’t sound that bad when you consider that they promise to have the home-selling process expedited and sped up so that everything is over in as little time as a month.

That’s much, much, much less time than the traditional way of selling a house.

Not to mention, cash buyers don’t just promise to buy houses for cash — they promise to buy houses as-is without any repairs or renovations done whatsoever.

How they work is that they wait for someone to let them know that they’re selling their house, they inspect it personally, and they make an offer. If the seller agrees, the buy prepares the necessary contracts for signing, which no longer involves any kind of commissions or fees typically associated with the traditional means of selling a house with a real estate broker.

Should You Sell Your House to a Real Estate Investor?

Now, if you have a property, and you’re looking to sell, you have multiple options: you can sell it yourself, or have it listed with a real estate agent, or sell it to a cash buyer.

All three of those options are great for their particular cases, but, if you need money right away, you might want to consider selling to a cash buyer.

You see, the reason why they’re considered as the best answer to the question, “how do I sell my house fast?”, is because, they do get your property off of your hands in little time. In fact, it very rarely takes them more than a month to close the deal and give you the money that they promised. The best part is that they buy your house as-is, so you don’t have to worry about making it look pretty or anything.

Of course, if you’re willing to foot the bill and stage or renovate your house, or do both, then by all means, do it. You surely will be able to get more money out of your property that way.

Before you do that, however, consider that selling the house traditionally, or on your own, involves a number of fees. This includes fees for your real estate agents, for listing, staging, as well as renovations and taxes, which, in total, could easily be worth thousands and thousands of dollars.

With a cash buyer, you don’t have to worry about that.

The only thing you need to worry about with a cash buyer is to make sure that you’re working with a reputable real estate investor.

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Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
YASMINA VASQUEZ
YASMINA VASQUEZ
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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