Maybe it’s a sign the real estate market has hit bottom. Maybe I look like a “distressed” homeowner. Either way, this new come-on is worth noting.
A few days ago, I received the following “personal” letter in my mailbox.
My wife, Lois, and I want to buy your house at [address.] Please call us at [number redacted].
Looks like a couple driving through the neighborhood, trying to find a home to buy, and they wanted to make an offer on mine without getting a real estate agent involved.
But a quick Internet search revealed a little more. It showed this “couple” ran a “home buying service” that describes itself as,
An investment company that purchases single-family homes, if the house meets our buying criteria. We buy houses from people in situations like yours in any area and price range. We also act as a third party mitigating company if your house is in a “pre-foreclosure” situation and you find that you must sell.
Hmm. The handwritten note addressed to me made no mention of my “pre-foreclosure” property.
If your home has a sufficient amount of equity, it may qualify for an ALL CASH offer! Don’t worry, even if you have little or no equity at all, many times, we can assume the existing debt so that you can get on with your life and never have to worry about your house again.
If you are ready to sell your house fast, click on the online sellers form below!
Now, for all I know, these people may provide a legitimate service to homeowners whose mortgages are underwater. Or maybe not.
My problem is that they weren’t up-front with me in their initial pitch. If they’re trying to conceal their identity, it begs the question: What else are they hiding?
(Photo: Craig Rodway/Flickr Creative Commons)