You are in the market to sell your house and are comparing home buyers in Front Royal, VA. How do you know if this buyer is a great home buyer or a bad one? With the wonders of today’s internet, you are able to do your homework on just about anything or anyone! Check with credible rating sources to see what other people’s experiences have been, see if they are active on social media, how does their website look? What kind of property do they regularly purchase?
Quick Cash
Great home buyers will offer you a quick closing; sometimes as fast as 2 business days. They will offer to pay for your property in 100% cash, but may also use other payment types to suit the situation. Bad home buyers are difficult to get in touch with, they may offer you a quick closing but constantly delay or do not return your phone calls or emails. If they do close, they may have had to be qualified for a loan first, and hopefully, they are able to have the final closing. Great home buyers will also not typically renegotiate unless extraneous situations arise or hidden facts are uncovered. Bad home buyers may try to readjust the price, maybe even multiple times.
Great Reviews
An exceptional home buyer will typically boast numerous reviews, predominantly positive in nature. It’s important to acknowledge that occasional mishaps can occur, leading to the existence of some negative reviews. However, these should not overly influence your initial decision-making process. Instead, take the time to carefully read through the reviews and assess whether the home buyer has responded to any negative feedback. Consider their approach in handling the situation—do you find it satisfactory? Would you feel reassured if you were the seller in that scenario? Additionally, don’t hesitate to seek input from your circle of family and friends. Have they encountered or heard of this buyer before, and if so, what have they heard? Gathering insights from multiple sources can help you make a more informed decision regarding the credibility and reliability of the home buyer.
Their Personality
Outstanding home buyers exhibit a positive outlook towards real estate and are characterized by their unwavering commitment to follow through on their promises. When requested to return a call at a specified time, they demonstrate consistent reliability in doing so. Moreover, they not only articulate their intentions convincingly but also substantiate them with concrete actions. Conversely, subpar home buyers may initially engender enthusiasm but ultimately fail to deliver. They may schedule appointments with you, only to subsequently neglect to follow up or fail to appear altogether. The thought of investing hours in tidying up and preparing the house, only for the prospective buyer to fail to materialize, is indeed disheartening.
References
In the realm of business, references serve as a crucial component. A reputable home buyer will readily provide you with multiple references whom you can contact to gain insights into their business practices, and they should exhibit no hesitation in addressing any inquiries you may have. Conversely, if they display reluctance or evasion when it comes to answering your questions, it may serve as a warning sign of their credibility as a home buyer. Evaluating their online presence is also instrumental in gauging their reliability. Scrutinize their website to ascertain whether it features genuine reviews. Are these reviews situation-specific and credible, or do they seem overly generic and potentially fabricated, prompting doubts about their authenticity? Furthermore, explore their activity on social media platforms or other rating websites. Analyze the comments from their followers—are they positive or do they raise concerns? Additionally, seek out public reviews to gain a comprehensive understanding of their reputation and track record.
Closing
A commendable home buyer exhibits readiness to commit to a relatively prompt closing date, typically ranging from 2 to 30 days, and is willing to provide a deposit as a demonstration of their earnestness. They display respectful conduct by refraining from pressuring you to vacate the premises hastily and maintain regular communication with the title company throughout the transaction process. Conversely, a subpar home buyer may attempt to prolong the closing date on multiple occasions or disregard it altogether, potentially failing to fulfill their deposit obligation as stipulated in the contract. If the buyer is reliant on financing, a credible commitment letter will feature minimal conditions. Conversely, a less desirable home buyer may encounter numerous issues listed in their commitment letter, such as inquiries regarding the sources of funds and a sudden decline in credit score, raising red flags about their financial stability and reliability as a buyer.