A shortage of homes for sale in markets around the country has resulted in an enormous number of investors and wholesalers turning to unsolicited purchase offers to buy houses. If you own a home, you have probably received texts, emails, and phone calls asking if you want to sell. Although it might seem like your home is in demand and the buyer is willing to pay a fair price, this is seldom ever really the case.
All unsolicited purchase offers to buy a home are not exactly scams. However, they almost always are not a good financial transaction for the seller. There are reasons real estate investors are sending out thousands of unsolicited offers regularly and it’s not to help a homeowner. More frequently they are looking to take advantage of sellers that might be in a desperate situation.
There needs to be a stop to the ridiculous amount of unsolicited home buying offers and to the scams some of the companies sending out the offers are running.
This podcast episode talks about the epidemic of unsolicited home buying offers and how annoying they have become.
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