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Don’t Get Scammed! |We Buy Amarillo Houses

Tuesday, August 8th, 2017

A while back I met with a homeowner and placed a bid on their house. A few days later they called and told me I had been outbid by another investor. I was surprised to hear this because I had made what I considered to be a very aggressive offer. A month later they called and asked if my offer was still good. I told them it was and we closed two days later. At closing they told me that this other investor had really given them the run-around. Once he got their house under contract he had brought in other buyers to try and sell the property before he had even bought it. Sounds crazy but it happens all the time. When he couldn’t find another buyer he just backed out.
Here are the 5 best ways to avoid being scammed:

1. Never sign an assignable contract. Do not sign a contract with the words “and/or assigns” written in it. In fact, in special provisions you should write “this contract is not assignable.” This is probably the easiest way to avoid being scammed. This will prevent an investor from trying to sell your house before they buy it.

2. Ask for references. A good company will not mind giving you references. I can give you as many as you want.

3. Verify funds. If someone advertises they pay cash for houses they won’t mind you verifying that they actually have the money to close. If they balk at this request do not work with them.

4. Ask for a short closing date. Even if you want to close in 30 days don’t tell that to the investor. Tell them you want to close in 3 days and your contract will not be assignable. You will be able to tell immediately if you are dealing with a real cash buyer or not!

5. Do not sign a contract with a long option period or a long inspection period. Anything over 5 days should be a red flag. Many new investors want long option periods so they can back out if they can’t find a new buyer. Short option periods make this much more difficult.

If any of this sounds confusing just call me and I can explain it further. When we write a contract and shake your hand we intend on closing that deal. You are welcome to call our references and verify funds. We do what we say we’ll do and our deals close on time with no problems. That’s why we receive so many referrals from happy customers. We are very much a local company. You are welcome to stop by our office for a cup of coffee anytime.

If you have a house to sell in Amarillo or Canyon give us a call. We would be happy to make you an offer. You can call us at 806-359-7653. You can also visit us online at We Buy Amarillo Houses.

Cash for Houses Amarillo | Scam or Solution?

Tuesday, January 8th, 2013

Today I googled the term ‘Cash for Houses Amarillo’ just to see what would come up.  I saw that there were many people who said that the ‘Cash for Houses’ advertising is nothing but a scam.  At first this really upset me.  But then I realized that many people do have very negative experiences with Real Estate Investors.  It is just a sad fact.  So I thought I would respond to the three biggest complaints that I kept reading about.

  1.  These companies are just trying to list houses, not buy them.

Here at Mitchell Property Group we buy Amarillo houses.  We buy lots of houses actually.  Yes, my wife Emmy is a Real Estate Broker (and a darn good one I might add!).  Yes we can list your house if you really want us to.  But our main focus is buying houses.  When you call us we are not going to try to get you to list your house with us!  We want to buy it!

  1.  Nobody ever called me back.

It is our goal to answer all calls that we receive during business hours.  But we are still just a very small family business.  We can’t answer them all.  We are out looking at houses every day.  So we try to call everyone back within a few hours.  Sometimes we are out of town or we are closed for a holiday.  But believe me, if you call or e-mail us, you will most certainly get a call back from us asap!

  1.  The offer was ridiculously low.

I have written many blogs about how we make our offers.  You can read one of them at We Buy Amarillo, TX Houses.  You can read another one at Are We Buy Amarillo Houses Companies Scam Artists.  But the bottom line is that we do not offer 50 cents on the dollar.  Our offers are very fair and our terms are excellent!  We do the job of a general contractor and a Realtor.  And we take all of the risk!  Every year we end up losing money on several deals because we make very aggressive offers.

 

I want people to know that not all Real Estate Investor companies in Amarillo are the same.  I want people to know that we are different.  If you have a house that you need to sell give us a call.  We would love to hear from you.  Call us today at 806-359-7653 or visit us online at Cash for Houses Amarillo.

We Buy Amarillo Houses! | Cash for your house in 3 days! Call 806-359-7653

Tuesday, February 22nd, 2011

We are a local husband and wife team.  We are looking for houses to buy in Amarillo and the surrounding area.  We specialize in buying houses that need work or that need to be sold fast, or both!  We can close on your house in as little as 3 days if you need us to. We are members of the Better Business Bureau. Here is what we offer:

  1. We are super easy to work with! We make sure you understand all of your options.
  2. We pay cash!  You don’t have to worry about long drawn-out bank approvals.
  3. We close whenever you want! You are in complete control.
  4. We buy property in its as is condition. You don’t have to fix anything or clean anything!
  5. We don’t put a sign in your yard and try to sell your house to other buyers. WE BUY IT!

If you are serious about selling your house give us a call today at 806-359-SOLD (7653) or visit us online at We Buy Amarillo Houses

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Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com