- byMichael Shepherd
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- Real Estate
- buy your house | house buying company | house selling company
How To Know Whether House Buying Company is Trustworthy
Property buying companies have become very popular nowadays. They have got the attention of the media. However, this has been for wrong reasons. Most of these companies flout the law and sometimes can take you for a ride. But not all companies are this way. Not all companies that say we can buy your house quick for cash are genuine. Some companies are trustworthy. These tips will help know whether you are dealing with a legitimate and trustworthy company:
A good should provide real contacts. They should have a physical location. Avoid dealing with companies that provide you with only mobile telephone and email address. If a company disappears, suddenly, it will be hard to trace them. You should their street, plot number and the name of premises.
A good house buying company should provide or display some company details on some of their company documentation. It is good to check their registration number at relevant directories. Ensure that you are dealing with a legitimate company. Some details such as address and name should be registered.
Code of practice
A professional house selling company should have specific terms or code of practice written down. There should no information a company wants to hide from you. Most people selling houses to some companies have ended paying fees, which they never expected.
If the language of communication is English, it should be used. Avoid companies that try to insert jargons into agreements. This is unscrupulous methods used by such companies to swindle money from you. The company should explain plainly their terms of the offer.
The company should not charge you fees for any information you inquire from them. Although providing answers to you takes time, you should not pay for consultations. If you are charged, be wary of that company as it may be after making a quick back.
Professional house buying companies will gladly let you know how they serve their customers. They will provide you with testimonials from customers who are satisfied with their services.
Most house buying companies use their employees as surveyors. Such surveyors are easy to compromise and therefore, give low valuations. It is important to choose a company that uses independent surveyors. The surveyors should be registered with local and national bodies.
Data protection a good company should protect your data. This should be a provision in your contract with them.