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We Buy Houses in Connecticut Companies – Are They Reputable?
If you’ve been driving around in Connecticut, chances are you’ve seen some billboards advertising companies that buy houses.
Often times they say things like “We Buy Connecticut Houses! ” or “Cash For your House”.
Are These “We Buy Houses in Connecticut Companies” Reputable?
How do i know if the local house buying companies out there are honest and reputable?
Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.
Buying and selling houses is a valid and respectable profession that can help communities and house sellers often. But just like any other brand of work – a fraction of house buyers in a market are the ones who make average folks look bad.
There are people who are really great, honourable folks who improve their neighborhoods one property at a time.
And then there’s sketchy, unethical people who put money before well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as these were making enough money.
Yes, they are out there.
We’ll help you avoid these “shady house buyers” so you can work with honest, honourable, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.
But let’s not focus on the negative – at least not yet.
First, let’s cover exactly what the best house-flippers are doing.
What Reputable Connecticut House Buyers Are Doing
Helping folks improve their lives by accessing the money they needright away. People often need the money in their house to cover unexpected medical expenses, in order to shift to be close to a family member. We can make that happen in just a few days, and we deliver peace of mind.
Helping sellers get rid of a troublesome property without the hassle of having to list it with a broker and wait months and month for a sale.
Creating local jobs. We hire plumbers, contractors, electricians, brokers, title repetitions, loan reps, managers and many other individuals along the way. The average real estate transaction involves 90 people from start to finish. Our investments help create real jobs for people around Connecticut Connecticut.
Buying US products. We spend tons of money on materials that are made right here in america – that creates jobs in our hardwood mills, industrial facilities, supply shops, distribution centers and more. The us economy depends on steady improvement, and that requires investment from folks like us.
Increasing the value of Connecticut neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity firms Connecticut.
Increasing the tax base. When a new buyer gets control one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable waste structure. Again, improving our neighborhoods.
Pretty cool stuff, right?
Lots of people think of house-flipping as a get-rich-quick scheme. That’s supported by silly “reality” ensures that amp in the drama because the reality of what we do on a daily basis is actually pretty boring.
Most of our work is coordinating with lots of people to make sure things are happening on time. We must keep track of lots of moving parts.
So let’s return to how you can make use of this information to find out if someone is a reputable investor, and not just pulling a house buying scam.
How to Ensure You’re Working with A professional Local House Buyer
When you consult with a nearby house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.
Ask open-ended questions like:
How do you help your clients?
What do you do for people?
Can you tell me more about your services?
What area of your business enables you to the proudest?
How would you describe your investment philosophy?
How can i know that you’ll close on my house when you say you will?
Second, look for tell tale signs of tactics that those few sketchy operators tend to use.
“Kitchen table closings” – If a property buyer tries to have you sign the deed (ownership) of your house over to them at your house, rather than a professional place like a closing attorney or title company… be hesitant. Most reputable house buying services will perform the actual closing of the sale at a natural 3rd party place… like a title company. This ensures everything is done right and on the up or over.
Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to actually choose today, be hesitant. Most reputable house buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision.
The reason reputable house buying services like our bait at CT Cash Homes do place deadlines on our offers happens because the market changes and values can alter week to week depending on other sales in your neighborhood, also… we buy multiple houses a month and when we make you an offer we’re showing you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule. If you feel the offer isn’t a fit for you, then we’ll determine those funds to help another seller with their home sale.