Watch Out for These Cash Offer Scams on Northumberland Real Estate

Watch Out for These Cash Offer Scams on Northumberland Real Estate

This is what you need to know about finding legitimate cash buyers

Have you ever heard of someone selling their house for what they believe is a great offer, in cash, only to get scammed? Unfortunately, this is more common than you’d think. That’s why we’ve written this post on how to avoid cash offer scams if you own property in Northumberland.

It’s incredible to sell for cash, but make sure it’s a legitimate transaction before risking your biggest assets.

This is what you should look out for – even if you’re not actively trying to sell your house!

If you’re not trying to sell, scammers will still come after you

Maybe you found this page because you’ve already gotten a bunch of solicitations. You could be getting bombarded with promised cash offers, even if you weren’t trying to sell.

This is pretty common because crafty schemers are looking for unsuspecting homeowners to make money off of. They’re hoping to buy your house for much less than they could if you listed it on the market.

You may receive unsolicited communications from:

  • Real estate investors
  • House flippers
  • Phone or email scammers

These deal hunters contact homeowners in Northumberland regularly using a variety of methods.

Look out for alleged cash offers via:

  • Phone calls
  • Letters or mailers
  • Text messages
  • Emails
  • Knocks at the door

Whatever route scammers can take to get your attention, they will. And most of all, they’re hoping you’re a naive homeowner who will hear “cash offer” and accept a lowball price.

To make sure you know what your house is worth, get in touch with a real estate expert who can help you navigate safely selling your home.

You can get legitimate buyers and avoid cash offer scams, but you must know what your property is worth. After that, if you work with a top realtor in Northumberland, you can get the best price.

Beware of cash offer scams that promise they’re doing you a favor

Just like any suspicious deal, a real estate scammer needs to win their subject’s confidence. After all, if you thought it was a scam, you’d never go for it, would you?

A scammer will try to push you to accept their proposal by telling you they’re helping you out. Maybe they tell you they’re saving you from a financial bind. Or maybe they tell you no one else would ever buy your property. Chances are, it’s not true.

The worst part is that these scammers often target the most vulnerable homeowners like retirees or people facing foreclosure. 

In fact, Stacey Wood, a psychologist and professor at Scripp College in California says, “I see these scams a lot when I investigate elder abuse and exploitation cases.”

You can help protect yourself and your loved ones who own a home if you work with legitimate real estate professionals.

Sometimes scammers will tell you that they’re saving you money on a realtor’s commission. But the truth is that a lower sale price often washes away any savings you may have gotten.

Your Home Sold Guaranteed Realty of Ontario Inc. can get you real cash buyers

Even though there are scammers and lowballers out there, not all buyers are running cash offer scams. Sometimes qualified home buyers truly do the cash and want to skip financing. This is great for you!

Working with Matt Cooper, Broker of Record, and his team at Your Home Sold Guaranteed Realty of Ontario Inc., you’re safe. Seasoned professionals who understand the Northumberland real estate market will guarantee to sell your home.

We’ll connect you with our database of thousands of registered homebuyers. It’s quite possible we could even sell your house before it’s listed!

You don’t have to make sketchy, lone-wolf deals to make money when you sell a house. Call Matt Cooper, Broker of Record, and get the best price while staying protected.

To find out more about getting a cash buyer for your home, give us a call at (905) 440-0505. Or, fill out this form and we’ll be in touch right away.

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(905) 440-0505