Your property might be one of the most significant assets that you have, and perhaps you might want to sell it due to several reasons. These reasons can range from the urgency of needing money to pay debts, from the death of loved ones, or perhaps any other reason why you need to sell it immediately. But nowadays there are so many scams and hoaxes in the real estate industry, and it can be quite confusing on how to differentiate an actual buyer and a scammer. So how do we avoid property scam? Here we have listed several tips on how to prevent ‘we buy houses scams.’
Make a checklist
Always make a checklist of what you’re going to do. This list will consist of what you have to do during all of the processes; it will also help you avoid silly mistakes such as overlooking crucial documents, not researching the market, etc. Besides making a checklist, always do a double check on what
Tip: besides on making a list of what to do, make sure that you make a list of reminder such as repairing, painting or plumbing that you have to do before you sell your place.
When in doubt, always seek for professional’s help
Let’s say that you’re going to sell your house or apartment, but you have zero experience in the property area. Our first tip is to hire a real estate agent, which can help a lot during the process of selling, negotiating, filling essential documents, and many more. A real estate agent can also help you to settle as we said before, which means increased property value and also a higher chance to avoid scam.
Tip: in case you’re dealing with a shady buyer or company, you can always search about them on google whether they have a bad reputation or not, this will help a lot to clear or prove your doubts regarding your buyer.
Usually, the most significant mistake is that you didn’t research the market price, which causes you to sell your property at a price where you can sell it a lot higher. To avoid this scam, make sure that you do research on the market’s worth, and if you have a real estate agent, ask or consult about when to sell, as sometimes property can go skyrocket during certain seasons.
Tip: a simple research on the property is to check building’s record and also to check your property from google view, which can give you a clear idea on what your property look like.