Investors who pay cash

I get calls every week from companies and individuals who want to buy my house and will pay cash. There are a lot of cash buyers out there. Some will buy houses

blue house
small house

like mine and turn them into rentals and some will do some work on them and flip them.

I let them know that I am a Minnesota licensed real estate broker and that I own a real estate company and that if I did want to sell I think I can handle it and I ask them to please put me on their “do not call” list.

In most cases, these offers are not scams. There are companies that are happy to buy almost any house and they will pay cash and some will also offer a fair price. Some of the buyers will let the owner leave most anything behind. Homeowners don’t have to fix anything or clean anything. In the past year or so more and more of our houses in St. Paul have been bought by corporations.

When we own private property we have the right to sell it to anyone. If there were restrictions on who we could sell it to the property would probably not be worth as much.

However, I believe in homeownership and will do everything in my power to sell my little piece of real estate to an owner-occupant when I am ready to sell.

Get ready to receive many calls in the next few months from people who want to sell your house and from people who want to buy it. Some will be scams and others will be businesses looking to buy real estate.

Print Friendly, PDF & Email