If you’ve chosen home investment as an alternative to foreclosure, a swift end to probate, or a means of resolving issues with a damaged property you don’t want to fix, the process is very straightforward.
Most investors are prepared to deal with the court, as they already know what the court wants to hear. They already have great contractors working on their side, and they’re prepared to handle all kinds of home damage.
Buying and selling homes are very large transactions, and many scam artists are eager to get their hands in the piles of money. As soon as one scam ends, another one pops up. A lot of these scams take advantage of loopholes in local laws that will allow them to profit off of vulnerable homeowners.
Certain resources exist, such as the California Association of Realtor’s Scam Watch that can help keep you up to date on scams plaguing your area. Always thoroughly research any potential investors and read testimonials from homeowners who have experience working with the company before you proceed with any deals.
Make sure you never sign something you don’t completely understand, and remember that if something seems too good to be true, it is.