Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Beware of CASHNOW777 if you are selling your home
This is based on my own personal experience. They will send you a Purchase Agreement (via DocuSign) with $100 DOLLARS earnest money to be deposited with 30 days and wants 190 days days to close.
What this means is they would have no skin in the game while to try to find a buyer and can close without any out-of-pocket monies. In my case, they offered me a NET amount at closing ON THE PHONE but the Purchase Agreement they sent me showed it as the PURCHASE PRICE which means that commissions and any closing costs would be deducted at closing. |
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#2
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Well, at least it is not an offer for a reverse mortgage...
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#3
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Great deal for them not necessarily a good one for you
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#4
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I do know that there are some legitimate companies who are operating in parts of the country where they will actually buy your house and save you the hassle of selling it through an agent. A good option for some people. Clark Howard (clark.com) has an interesting article on them. |
#5
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Any cash offer quick is rip off. But, some people don’t want to fool with sale, don’t care, or just unloading place that was gave to them and just want cash. I especially like the rip-off , it you’re money spend it when you want to! I want may money now!
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#6
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Closed Thread |
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