5 questions to ask a cash home buyer before you sign anything

5 questions to ask a cash home buyer before you sign anything

Not every cash buyer plays it straight. Most do, but the ones who do not make life harder for everyone - so before you sign anything, ask these five questions. A legitimate buyer will welcome every one of them.

1. Can you show proof of funds? A real buyer can show a bank statement or letter proving the money is actually there. Hesitation on this one is a red flag.

2. What fees will I pay at closing? Get the answer in writing. With us, there are no commissions and we cover the closing costs - the number we agree on is the number you walk away with.

3. Are you the buyer, or are you assigning my contract? Some "buyers" are wholesalers who tie up your house and shop the contract around for a fee. If that is the plan, you deserve to know it up front.

4. What is the timeline - and what could change it? A real buyer gives you a closing date and tells you honestly what could move it, like title work or probate. A vague "a couple weeks, probably" deserves follow-up questions.

5. What if my house is not a fit for you? A straight shooter will say so. If your home would do better on the open market, I will tell you that - even though it costs me the deal. Not every company will.

And the honest trade, the same one I tell every seller: a cash offer prices in the work your house needs in exchange for speed, certainty, and zero repairs. That trade is right for some sellers and wrong for others.

Asking these questions costs you nothing and protects you plenty. Want to put them to the test? Reach out anytime at rushhousebuyers.com - the conversation is free and the answers are straight.

R. Goins - Rush House Buyers, serving the Denver metro and Northeast Ohio (Akron, Canton, Cleveland, Lorain).