Title: things to keep in mind while you sell your home for cash online
1Things to keep in Mind while you sell your Home
for Cash online
- http//www.855skyhouse.com/seller.html
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2Sell your home for cash online
- It is possible to sell a home for cash and make a
large profit. Many investors pay cash for every
home they buy. It is also possible to get
scammed. Scam artists are becoming savvier when
it comes to defrauding honest sellers and real
estate professionals out of their hard-earned
money. Some of their strategies are obvious, but
others are more subtle and difficult to detect.
Most do it from a distance, so that they arent
anywhere near the fallout when it occurs. Learn
their tactics to ensure you sell your home to an
honest buyer.
3Sell your home for cash online
- Check Rendered
- In virtually all cases of fraud where a home was
paid for in cash, the buyer rendered a check. The
seller or real estate professional accepted and
deposited the check. The buyer changed his mind
and asked for a refund. The seller or real estate
professional refunded the amount of the check.
Later, the buyers check did not clear the bank,
and the seller or real estate professional was
out the entire amount. The lesson learned is to
never refund cash for a check until the check
clears the bank.
4Sell your home for cash online
- Sight Unseen
- Another situation that throws down a red flag is
when a buyer doesnt need to see the property.
That doesnt necessarily mean the buyer is a scam
artist, but its a good up-front indicator.
Proceed cautiously when a buyer passes on viewing
the property.
5Sell your home for cash online
- Email Communication
- One of the latest scams occurs via email
communication. Fraudsters notify real estate
professionals via email that they want to buy
certain properties. Many agents noted that the
emails were obviously fraudulent based on poorly
written content. It was obvious the emails came
from someone who had no intent to buy the
property noted. In one case, however, the buyer
seemed credible. He presented documents that
appeared to be legal, such as a passport and
proof of funds statement. In a case like this,
follow the money trail and ensure that it is in
your account before providing any refund of
payment.
6Sell your home for cash online
- Suspicious Payment
- By law, businesses must report to authorities any
cash payment over 10,000. In fact, any payment
that appears suspicious must be reported to the
authorities. Dont hesitate to contact law
enforcement if you suspect fraud on a cash
payment for a home. The money could originate
from illegal activities, such as the sale of
drugs and money laundering. If that is the case,
you could lose your home.
7Sell your home for cash online
- Haggle-Free
- When the purchase of a home is haggle-free, it
may not always be legitimate. Buyers typically
negotiate a purchase. Shrewd investors almost
never pay full price for property, and neither do
most discerning buyers. Although it does happen
at times, it is a rarity. If a buyer doesnt
negotiate a purchase, that is a good indicator of
suspicious behavior. In this case, proceed with
caution.
8Thank you for watching
- How to sell your house for cash
- Presented by 855skyhouse