There are a lot of homeowners in the Fort Worth area who run into trouble when trying to promote their homes and sell them, even if they use a skilled and experienced real estate agent. Old, broken down houses, outdated homes that need a lot of renovations, ugly single houses or properties that were affected by recent storms or fires may not be so easy to sell.
As an alternative, investment companies promoting the “We buy ugly houses in Fort Worth” tag line claim they can buy off any affected properties and houses that are ugly or damaged using cash money. Is it a real claim, or a scam? And how do you know who you’re really talking to and whether or not you can trust the company in question.
Is It a Genuinely Profitable Offer?
According to experts, the short answer to this question is yes; however, you do have to know a few things about the “We buy ugly houses in Fort Worth” offers you might run into, before deciding if that’s your best course of action.
First of all, let’s take a look at who these offers are for:
- Homeowners who haven’t been able to sell their homes and are in dire need of relocating or getting rid of the property with a profit;
- People who don’t have the time or means to renovate old, ugly homes, and would rather sell them;
- People struggling with debts who can’t afford paying bills and taxes on a large home that they haven’t been able to sell for a long time;
- Anyone interested in receiving a sizable sum of money in cash in exchange for a property they no longer wish to own.
In other words, these aren’t offers designed for people who want to buy a new house of equal caliber with the money, or who want to pay off huge mortgages.
Nevertheless, while the amount you do receive in exchange for your house is slightly lower than what you’d get if you managed to sell it through a real estate agent, the money is provided in cash, and the entire amount is paid in full as one lump sum.
The amount you get from selling an old, unappealing house that you own as an additional property in parallel with the house you and your family live in can go towards paying off old debts, hefty tuition fees for college, relocating to a more affordable area, paying medical bills for complicated surgeries, or even getting a new car and renovating your current home.
Who Do You Do Business with?
It is imperative that you know exactly who you’re talking to when considering these types of offers. While many honest and reliable investment companies have “we buy houses Fort Worth” offers, there are also scammers looking to profit from homeowners who are desperate enough to sell their old homes without doing a background check on the purchasing company first.
To avoid this issue, always do your research, and check the company’s background and track record, as well as any complaints and negative reviews Fort Worth residents may have written about them. Also, even if the transaction is in cash, always make sure that any documents you sign are first checked by your attorney or a trustworthy real estate agent who is knowledgeable about proceedings such as these.