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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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[–] baggachipz@sh.itjust.works 6 points 2 days ago

Part of a sales contract can be a rent-back for a period of time. You sell the house to the buyer, they pay for it, you get the money, and you rent it back from them for a few months or whatever. Everybody wins in this situation.