Ask This Before Selling Your Home

Ask This Before Selling Your Home

Selling your home is always a big decision. And if you choose to sell to a home buying company or real estate investor, rather than list on the open market, it pays to do your research upfront.

Here are 8 essential questions to ask any home buyer before signing a contract:

1. How will you determine the purchase price?

A buyer should evaluate the market, make comparables, and assess your home’s condition before making an offer.

2. What closing costs will I be responsible for?

Many companies cover all typical seller closing fees and commissions. Know what’s included.

3. How quickly can we close on the sale?

Some buyers can close in as little as 7 days with an all-cash offer. Others may need 30+ days.

4. Will I have to make any repairs before closing?

Most real estate investors buy homes as-is, but some may require certain repairs upfront.

5. Are there any hidden fees or costs?

Watch for extra charges baked into the fine print apart from typical closing expenses.

6. Do you have references/testimonials I can contact?

Ask for references from others who have sold to the company to do extra due diligence.

7. Will you be reselling the home, renting it out, or flipping it?

It’s reasonable to ask how your home will be used – some ways benefit the community more.

8. Is your company licensed, bonded, and insured?

Check that the buyer is operating legally and that you are protected. Ask for proof.

When selling to a real estate investment company, vet them thoroughly using questions like these before signing. At Homeinc, we’re happy to provide all details about our ethical, community-driven home buying process. Contact us today to learn more and get a competitive cash offer on your home. Let’s remove the hassles together!