Getting a cash offer on your home in Naples may seem like a great idea for home sellers because it is a guaranteed way to avoid financial problems and delays caused by the lending process. It also gives home sellers cash in hand that can be used as a down payment on a new home (or more) without having to incur new debt.
However, cash offers can often seem too good to be true. There are plenty of people out there who will give a cash offer on your home in Naples but are simply trying to scam you. So, how can you tell if the offer is legitimate or a scam?
To help you navigate this gray area and to make sure you can tell a real offer from a fake one, real estate industry experts have put together this special report full of tips to keep you and your family safe from illegal cash offer scams when you are trying to sell your home for cash.
What to Do When You Get Phone Calls for Cash Offers If Your Home Isn’t Even for Sale
One of the oddest experiences as a homeowner is when you receive random phone calls, letters, text messages, or emails from individuals who are making a cash offer on your home in Naples, especially when it is not even listed for sale.
If you receive these calls or messages, it is very likely that they are scams. They could be legitimate, but it takes an experienced professional to know the difference between a legitimate offer and a scam. You may get these cash offer requests from the following types of people:
- Investors
- House Flippers
- Home Scammers
In the majority of cases, these individuals are trying to scam you and take advantage of your inexperience in the real estate industry. They may even make it seem like they are doing you a favor by offering you an amount that they want you to believe is higher than your home is actually worth. That is why it is so critical for you to know your home’s current market value.
When you get a cash offer on your home in Naples that is not for sale, it will likely be for far less than your home is actually worth and what you could get on the market. Scammers often prey upon the elderly and those who are unaware of their home’s value.
So, what is your home IS for sale? You can still get a cash offer on your home in Naples from solicitors instead of legitimate home buyers. Be on the lookout for these people and assume that no one is legitimate until you can verify it. Do your research, know the value of your home, and work with an experienced real estate expert, especially if you are really considering selling your home in Naples.
Don’t Fall for Costly Scams from People Playing the Hero Game
A very common scam that people will try to pull is playing the hero. They will say that they “just want to help,” regardless of your current financial situation. Being overly kind and friendly could be a red flag of something that could cost you dearly.
This scam is especially common in the retired senior citizen community because some of these elderly individuals have too many repairs to take care of or are already in foreclosure. The hero scam seems to provide a lifeline, but it can truly cause devastation.
Stacy Wood, a psychologist and professor at Scripps College in California, has discussed the frequency of this scam stating, “I see these scams a lot when I investigate elder abuse and exploitation cases.” She advises home sellers to contact professional realtors before entering the real estate market as the best way to protect themselves and their loved ones.
Expert realtors such as ours at Your Home Sold Guaranteed Realty of Greater Florida will get you the highest possible price on your home and make sure it sells quickly. We guarantee our performance and will always ensure that you are fully protected from any scam or misleading information.
Get a Legitimate Cash Offer on Your Home in Naples from Our Realtors
If you have decided to sell your property and want to know more about getting a cash offer on your home in Naples, be sure to contact our skilled realtors at Your Home Sold Guaranteed Realty of Greater Florida. We will help you determine offers that are legitimate and steer you in the right direction.
In fact, we have a special program that you may be interested in, the Guaranteed Home Sale Program. We guarantee that your home will sell at an acceptable price to you, or we will buy it for cash.
If you want more information about this program or how to prevent falling prey to cash offer scams, be sure to give our realtors a call at 239-880-3563 or fill out the form below with the requested information. We look forward to hearing from you and making sure you get a cash offer on your home in Naples that is legitimate!