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When Your Buyer is NOT Your Buyer

Jul 05, 2021

So, when you’re selling a property to an investor, how can you be sure that investor actually plans to buy your property?

 

Here’s the easiest way to weed out what I call the fakers from the takers.

 

  1. Let the investor know at your very first conversation that you will NOT allow the investor to assign the contract
  2.  For any written offer you receive, write into that offer form these six powerful words:
    “Buyer shall not assign this contract.”  


 

Now make sure both you and the investor initial next to this “non-assignment” provision.

 

By doing this, you’ll save yourself from being tied up in a contract for weeks with a buyer who never intended to buy your property to begin with.

                                                                         

If you have questions about any form an investor presents to you,

 

I’ll be happy to take a look and show you other red flags that you may want to avoid.  


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Hi, I’m Guy Gimenez with Buying Texas Today and I wanted to quickly share 7 red flags you should look for before deciding to work with any investor. Number 1 Does the investor have a legally formed business registered with the Texas Secretary of State ? WE DO! Number 2 Is the investor’s business Accredited with the Better Business Bureau and is the business “A” or “A+” rated? WE ARE! Number 3 Does the investor have at least 250 hours of formal real estate training ? WE DO! Number 4 Can the investor provide a bank statement showing proof of funds for his or her cash offer? WE CAN! Number 5 Can the investor provide a copy of at least 5 recorded deeds on properties they have purchased in the last 4 to 5 months ? WE WILL! Number 6 Does the investor use ONLY the Texas Real Estate Commission approved contract form? WE DO! Number 7 Does the investor really plan to BUY your house or will they simply sell your contract to the next investor WE HAVE NEVER SOLD A SELLER’S CONTRACT…WE ONLY BUY PROPERTIES! If you wish to discuss any of these 7 red flags, just click on the link below and we’ll be ready to visit with you.
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Hi, Guy Gimenez here, with Buying Texas Today It looks like you may have checked out our website or social media ad but weren’t ready to leave any property information. I get it…selling a house is a big decision and you don’t want to end up working with an illegitimate buyer. So let me share some insight on who we are as company and how we operate . My wife Mary, and I started our company in 2003 but have been buying houses since 1999. And we’ve spent more than two decades we’ve focused on 3 core principals … TRANSPARENCY, FAIRNESS, CREATIVITY Buying Texas Today is a local Coastal Bend home buying company… buying homes is all we do. Over the last two decades we’ve helped hundreds of homeowners solve their real estate headaches and we do it professionally and we do it fast . We buy houses AS- IS ! You never have to worry about any repairs or removing junk or unwanted furniture …we handle junk removal after we purchase your house. Now we have seen almost every crazy real estate scenario under the sun, and we use our experience and resources to solve any real estate challenge any owner could face. We truly are experts in our industry and we will absolutely prove it to you both in person and on paper. We would love to visit with you so please click the link below and we’ll respond immediately , introduce our team members and email you an offer . I really look forward to hearing from you.
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