The Truth Behind Real Estate Cash Offers

The Truth Behind Cash Offers in the Mail

Have you ever gotten a postcard or letter in the mail talking about "cash offers" for your home? Well, there's something you should know. 99% of those offers aren’t from real cash buyers. So, who are they from? Let's dive in.

Who Sends These Cards?

Most of the time, these cards come from people called wholesalers. Now, you might be thinking, "what are wholesalers?" I’m here to explain.

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What Are Wholesalers?

Wholesalers are like the middle-men in selling houses. They don't buy the house. Instead, they promise to buy it, and then they find someone else who actually wants to buy it. Let's use a simple story to understand this better:

Imagine you have a toy worth $100. A wholesaler tells you, "I'll buy your toy for $80 in 30 days." You think, "Okay!" and agree. Then the wholesaler goes to all their friends and asks, "Do you want to buy this toy for $100?" If a friend says yes, the wholesaler takes that $100 and gives $80 to the owner and keeps the extra $20 for themselves.

Why Might This Not Be the Best?

You might be wondering, "What's wrong with that?" Well, here are two big reasons:

1. You Get Less Money: In our toy story, you could've gotten $100 if you sold it directly. With the wholesaler, you only got $80. It’s like they secretly charged you a $20 fee. (When it's your house, this could be $20,000+ !!)
2. It's Not Guaranteed: The wholesaler has to find someone to buy your toy. What if no one wants to buy it? Then, the wholesaler might come back and say, "Oops! I can't buy your toy after all." Imagine if that was your house! You might have started packing or even asked people living in the house to leave, and then suddenly, the deal is off.

How Is Manuel Capital Different?

At Manuel Capital, we give real cash offers. We're like the friend of the wholesaler in the toy story who actually buys the toy (or house, in this case). We use our own private funds to buy. That means:

• We give you what your house is worth.
• We don't need to show the house to lots of people.
• We buy houses in any condition.
• There are no secret fees or last-minute price changes.
• We don't need to go find a buyer, putting the entire deal at risk of falling through.

To put it simply, we genuinely buy houses in Chattanooga, TN. If you're looking to sell a house quickly and easily, Manuel Capital is here to help!

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Still want to learn more? You can read about the difference between a "cash offer" and a "guaranteed cash offer" here.

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Want to get started? Contact us.