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107

Has anyone ever accepted an offer from one of those "we buy your house, no questions asked" companies? If so, what was your experience? [Answered] (dubvee.org)

submitted 2 days ago* (last edited 2 days ago) by ptz@dubvee.org to c/asklemmy@lemmy.world

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Yes, I know they're scummy as fuck. Yes I know they're gonna turn it into yet another overpriced rental. But I'm mostly asking if they're otherwise legit.

I get those offers all the time and typically shitcan them immediately. The most recent offer I got is for twice what I paid for the place, and honestly, it's enough to be my ticket out of this backwards-ass shithole state. Otherwise, barring a surprise lottery windfall, I'm stuck here for the foreseeable future.

Assuming all is above board, the main concern I have is if it's worth that much to them, wouldn't it be worth that much to me? FWIW, I like my house and my neighborhood, but it sadly exists within a shithole of a redneck state where I've been disenfranchised all my life, and I want the fuck out of here.

Edit: Thanks everyone. I knew they were scammy/scummy but several of the replies cleared up how they operate, and it's scammier than even I was thinking. Back to buying my weekly lottery ticket and hoping for the best. 🤞

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[–] wjrii@lemmy.world 7 points 2 days ago

Assuming all is above board, the main concern I have is if it’s worth that much to them, wouldn’t it be worth that much to me?

Yes, and then some. It sounds like you'd do better randomly selecting a realtor to throw it up on MLS "as-is," and even better if you followed the usual, admittedly annoying, process. These companies are not literal "risking jail" scams, but they're not your friends either, and they will not be offering you anywhere close to market value. My sister and I looked into a couple of them when our dad passed, and the offers were far below what we pulled with a Realtor, even priced to move and with a kind of costly "turnkey" arrangement where they arranged cleanup and inspections.