If I really need to sell my house fast, are these types of "fast cash" home buying companies for real?
[{"id": "dnfqirt", "text": "These people are investors and somewhat predatory. They will often get your house under contract and then attempt to sell that contract for a profit wholesale to a home flipper. The better situation is to sell direct to the investor who has cash to close quickly. If they want a long option period, they are wholesalers.  If they will close within 10 days with no option period they are investors. The downside of this is of course you're not going to receive full value for your home. A good Real Estate agent can advise you on the market conditions. Ask a Realtor \"I need to sell my home in 10 days, what should I list the home for?\" and they will all be able to give you a reasonable answer. ", "replies": [], "depth": 1}, {"id": "dnfzwjf", "text": "it depends on your needs. If you're looking to get full price for your house, these are not the people for you- sell it yourself or find a real estate agent. But if you have a problem house (out of state inheritance, house that requires a ton of repairs that you can't afford, you have a bunch of bills to pay and need fast cash...) then this might be a good fit for you. ", "replies": [], "depth": 1}, {"id": "dnh02m4", "text": "They are for real, but keep in mind that there are many moving parts to selling real estate that all have value (not necessarily directly monetary value). There will be an inverse relationship between terms and price, and an extremely quick close has a lot of value to the seller which means the price will reflect that value. The market is efficient and you'll get the right value for your property, part in price and part in other favorable terms. This isn't a commercial real estate question though. You'd get more feedback on r/realestateinvesting. ", "replies": [], "depth": 1}, {"id": "dnkctb5", "text": "With that kind of picture...stay away.", "replies": [], "depth": 1}, {"id": "dqfkqq8", "text": "I think she looks cute and she's loaded. what could go wrong. seriously some of those house buying companies are predators and they do take advantage of people. I am an active investor in ct and I provide those services to people in need. I have been through a short sale myself and if I had known some of these cash buyers existed it may have saved my credit. We aren't all bad eggs but unfortunately there are some people out there for a quick buck. http://www.sellmycthousenow.com", "replies": [], "depth": 1}]