Most cash home buyers are honest businesses, and a few are not. A few checks, most of which take under an hour, help you tell the difference: check that the company is registered in your state, read its reviews and complaints, ask for proof of funds, and make sure the sale closes at a real title company or attorney's office. A good buyer will be glad you asked.
Updated . Sources are listed at the bottom of this page.
Asking questions doesn't make you difficult. It is your house. Buyers who do this every day expect it, and the good ones answer without hesitating.
Search the business name on your state's Secretary of State business lookup. A real company has a registered name and address. If the name on the contract is different from the name on the flyer, ask why.
Search the company name with the word "reviews" and with the word "complaint." Look at the Better Business Bureau at bbb.org. One bad review is normal; a pattern of the same complaint is not.
Your state attorney general's consumer protection office takes complaints about home buyers and foreclosure-rescue companies. Many publish actions they have taken.
Ask for proof of funds, a recent bank statement or a letter from their lender. It is a normal request.
A normal sale closes at a title company or a real estate attorney, who holds the money and records the deed. Call that office yourself to confirm they are handling it.
Get the offer in writing, get at least one other offer to compare, and use our cash offer calculator to see what you would actually walk away with.
Many are honest businesses. A few are not. Checking registration, reviews, complaints, proof of funds and the closing office tells you which kind you are dealing with.
A recent bank statement or a lender's letter showing the buyer has the money to close. It is a normal thing to ask for.
At a title company or a real estate attorney's office, who holds the money and records the deed.
Your state attorney general's consumer protection office, and the FTC at ReportFraud.ftc.gov.
No. Orrindale is free to homeowners and we are not a buyer. If we have local buyers working in your county we will introduce you, you choose who to talk to, and you are never under any obligation. If we do not, we will still point you to free help.
Compare offers from local buyers, free
This page is general information, not legal or tax advice. For your specific situation, consult a licensed attorney in your state or the relevant agency. Orrindale is a matching service, not a law firm, lender, or government program.