If you’ve been driving in and around the greater New Orleans area, you’ve probably come across a few signs and billboards advertising companies that purchase houses. These companies often use phrases like “We Buy New Orleans Houses!” or “Cash For Your House.” But, how can you determine if these “We Buy Houses in New Orleans” companies are credible? It’s important to know if these local house buying companies you encounter are honest and trustworthy before deciding to work with them.
Are These “We Buy Houses in New Orleans Companies” Trustworthy?
The field of buying and selling houses is a valid and respected profession that can benefit communities and house sellers in various ways. However, just like any other industry, there are a few house buyers who tarnish the reputation for the rest of us.
While some individuals genuinely aim to improve neighborhoods one property at a time and prioritize their clients’ well-being, there are others who prioritize making money over their clients’ best interests. Unfortunately, these dishonest individuals do exist and can make life unnecessarily complicated.
But don’t worry – we will help you avoid these shady house buyers, allowing you to work with honest, ethical, and reputable local companies. These trustworthy companies can offer you a fair all-cash deal for your house and accommodate your desired timeline.
Before we delve into the negative aspects, let’s focus on what reputable house buyers in New Orleans are doing right.
First, let’s cover exactly what the best house buyers are doing.
What Trustworthy New Orleans House Buyers Are Doing
- Helping individuals improve their lives by providing immediate access to the funds they need. Often, people require cash from their house to cover unexpected events or expenses such as medical expenses or to relocate closer to family. Other situations include foreclosure, divorce, inheritance, etc. Reputable house buyers can make this happen within a few days, providing you peace of mind.
- Assisting sellers in getting rid of burdensome properties without the hassle of listing with a broker or real estate agent and enduring months of waiting for a sale.
- Creating local job opportunities. Throughout the process of buying and selling houses, various professionals such as plumbers, contractors, electricians, brokers, and loan officers are employed. On average, 86 individuals are involved in a real estate transaction from start to finish. These investments contribute to job creation in New Orleans and its surrounding areas.
- Supporting the US economy by purchasing domestic products. Reputable house buyers invest heavily in materials made in the USA, which, in turn, supports jobs in timber mills, factories, supply shops, distribution centers, and more. A thriving economy relies on consistent improvement, and responsible investors like us play a part in it.
- Increasing the value of neighborhoods in and around the greater New Orleans area. When house buyers improve a property, they contribute to enhancing the value of the entire community. Often, they renovate abandoned or neglected houses, transforming them into beautiful homes for families. These activities strengthen the fabric of our local area.
- Contributing to the tax base. When a new buyer purchases one of our properties, they’ll begin to contribute to the tax rate based on the new and improved value of the property. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure. Again, improving our neighborhoods.
These endeavors are truly remarkable, aren’t they?
While many perceive house buyers and flippers as a get-rich-quick scheme due to exaggerated “reality” shows, the reality of our daily work is far from glamorous. Most of our time is spent coordinating with various parties to ensure everything runs smoothly, involving meticulous management of multiple moving parts.
Now, let’s discuss how you can determine if a house buyer is trustworthy and not engaged in a house buying scam.
How To Be Sure You’re Working With A Trustworthy Local House Buyer
When engaging with a local house buyer, ask them the following open-ended questions:
- How do you assist your clients?
- What services do you offer?
- Could you provide more details about your services?
- What aspect of your business are you most proud of?
- How would you describe your investment philosophy?
- How can I be certain that you’ll follow through on your promise to close on my house?
- Can you provide proof that you actually have the funding to purchase my house for cash?
Additionally, be aware of certain tactics employed by dishonest operators:
- “Kitchen table closings”: If a property buyer insists on signing the deed of your house at your residence instead of a professional setting like a closing attorney or title company, exercise caution. Reputable house buying services typically perform the closing of the sale at a neutral third-party location, such as a title company. This ensures that all legal procedures are carried out correctly and transparently.
- Pressuring for a fast closing: Be cautious if a house buyer tries to rush you into selling your house and claims that you must make an immediate decision. Reputable house buying services provide you with an offer that remains valid for at least 2-7 days, allowing you ample time to consider your options. They understand that market conditions can fluctuate, and they want to ensure that you have sufficient time to make an informed choice. Genuine house buying services, like ours at REvitalize Property Solutions, set deadlines on offers to account for market changes and to secure the necessary funds for your house purchase, accommodating your preferred timeline. If you feel that the offer doesn’t align with your needs, reputable buyers will reassign those funds to assist another seller with their home sale. But also, with us at REvitalize Property Solutions, we can offer you multiple selling options. So, if one option doesn’t fit your needs, you have more choices available with us.
It’s worth noting that most scammers are seeking quick opportunities rather than engaging in thorough discussions. They often try to evade detailed inquiries and swiftly move on to individuals who ask fewer questions.
Conversely, honest and ethical New Orleans area house buying services focus on building long-term relationships and contributing to community development.
So, when evaluating “we buy houses in New Orleans” companies, don’t hesitate to ask questions. Never be afraid to seek clarity and assurance!
As many of us already know, New Orleans and the surround areas have a unique and amazing culture that most other areas strive for. We at REvitalize Property Solutions live right here in the greater New Orleans area just like you. And just like you, we want to see our community grow and thrive for years to come. We want only the best for each and every one of our neighbors. And, that includes you. If you’d like to learn more about us and our company, please feel free to reach out to us anytime at (504) 621-1729 or simply fill out the form below. We’re here to assist you and can’t wait to hear from you!
