If you’ve been driving around in Pueblo, chances are you’ve seen some billboards advertising companies that buy houses.
Often times they say things like “We Buy Pueblo Houses!” or “Cash For Your House”.
Are These “We Buy Houses in Pueblo Companies” Credible?
How do I know if the local house buying companies out there are honest and credible?
Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.
Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.
There are people who are really great, ethical folks who improve their neighborhoods one property at a time.
And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.
Yes, they are out there.
We’ll help you avoid these “shady house buyers” so you can work with honest, ethical, and reputable local companies who can buy your house for a fair all cash offer and close on your schedule.
But let’s not focus on the negative – at least not yet.
First, let’s cover exactly what the best house-flippers are doing.
What Reputable Pueblo House Buyers Are Doing
- Helping folks improve their lives by accessing the money they need right away. People often need the cash in their house to cover unexpected medical expenses or to relocate to be close to a relative. We can make that happen in just a few days, and we deliver peace of mind. By offering cash-out transactions, we provide a fast and easy way to unlock your home’s equity and access the funds you need. This can be invaluable when you are looking for liquidity to cover unexpected expenses
- Helping sellers get rid of a burdensome property without the hassle of having to list it with a broker and wait months and months for a sale. Reputable Pueblo Home Buyers are an excellent option for many homeowners who need to get rid of an unwanted property quickly and without the hassle of dealing with a real estate agent. They provide a cash-out transaction, offering you access to the money from your home fast and without having to wait for months for a sale on the market. In addition to providing cash-out transactions, Reputable companies can also purchase homes ‘as is’, allowing sellers to quickly unload a property without any need for costly repairs or renovations. This hassle-free process makes it simpler and faster than ever for homeowners to unlock the equity from their home and get access to the cash they need. The credibility of investors is crucial when it comes to making sure you are getting a fair and honest transaction when you sell your home. It’s important to do research and ensure the company you choose has been in business for many years, is known for their ethical practices, and has a good reputation in the community.
- Creating local jobs. We hire plumbers, contractors, electricians, brokers, title reps, loan officers, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our investments help create real jobs for people around Pueblo CO. Other benefits of creating local jobs for the Pueblo community include: Stimulating economic growth in the area. Increasing tax revenue to fund public services and infrastructure. Providing more employment opportunities for local residents and contributing to increased consumer spending, which can help boost local businesses.
- Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady improvement, and that requires investment from folks like us.
- Increasing the value of Pueblo neighborhoods. When we improve a house, we’re helping to increase the value of the entire community. We often repair abandoned and neglected houses, turning them into beautiful homes for families. That activity strengthens Pueblo.
- Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure. Again, improving our neighborhoods.
Pretty cool stuff, right?
Many perceive house-flipping as a fast track to riches, its reputation bolstered by over-the-top TV shows. But the truth is, our day-to-day reality couldn’t be further from the hype.
Most of our work involves meticulous coordination with multiple parties to ensure timely progress. We’ve got our hands full keeping countless moving parts organized.
Now, turning the tables, how can you sift through the noise and spot a bona fide investor from a house buying scam. Let’s find out.
How To Ensure You’re Working With A Reputable Local House Buyer
When you talk with a local house buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.
Ask open-ended questions like:
- How long have you been in business?
- What experience do you have buying houses?
- Can I see references from past clients?
- Do you use a written contract for all transactions?
- How quickly do you typically close on a house purchase?
- Do you offer any additional services or assistance with closing costs or repairs to the property before sale?
Second, look for tell tale signs of tactics that those few shady operators tend to use.
Shady house buyers tend to use a variety of tactics in order to try and take advantage of homeowners looking to sell their property quickly. These tactics can include offering far below market value for the home, promising fast turnarounds but then delaying or failing to close on time, or pressuring owners into signing away rights to their homes without fully understanding the terms of the agreement. It’s important to do your research and ensure that you are working with a reputable local house buyer that has a good track record of treating their customers fairly and delivering on their promises. Here are a few other tactics to look out for:
- “Kitchen table closings” – If a property buyer tries to get you to sign your house’s deed (ownership) over to them at your house rather than a professional place like a closing attorney or title company… be leery. Most reputable house-buying services will perform the actual closing of the sale at a neutral 3rd party place… like a title company. This ensures everything is done right and on the up and up.
- Pressuring you into a fast closing – If a house buyer tries to pressure you into selling your house and says that you have to make the decision today, be leery. Most reputable house-buying services will make you and offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision. The reason reputable house buying services like ours at Aviano Properties do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy multiple houses a month and when we make you an offer we’re assuring you that the cash to purchase your house is ready and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule. If you feel the offer isn’t a fit for you, then we’ll assign those funds to help another seller with their home sale.
Most scammers are looking for a quick score, and not an in-depth interview.
Chances are good that they’ll find excuses to get off the phone and move on to someone who doesn’t ask too many questions.
True investors who run honest and ethical Pueblo house buying services, however, are building long-term businesses based on relationships and community development.
So when you’re looking at one of the “we buy houses in Pueblo companies“… never be afraid to ask questions!