Reviews remind the homeowner of the immediate drop in value that occurs when the home is handed over to one of these quick-buying companies. Reviews for We Buy Any House are all fairly on the negative side.Continue Reading
The main problem that many critics have with the We Buy Any House companies, or really any realty company set up to offer quick cash for homes, is the predatory nature of the way the companies go about buying houses. Often, one of these companies approaches a consumer who they know has recently gotten divorce or filed for bankruptcy and is in desperate need of some financial relief. This puts the homeowner in a delicate position, where they may be easily tempted to make a quick decision that has a lasting impact.
Homes are usually sold for around 50 to 80 percent of their actual market value. Companies are notorious for making things seem easy by saying that there are not any extra fees, but the simple truth of the matter is that these fees are being processed in-house by the company, and the consumer pays for it one way or another. If it is urgent to sell a home, then the only concern critics have is that consumers be very aware of the potential monetary loss.Learn more about Real Estate