You’ve seen the signs all over town! You’ve even talked to people who’ve bought a home through Offerpad, Open Door, Purplebricks, etc. Does it sound too good to be true? Of course it does and here’s why:
Offer Pad and companies like them will buy your house and let you choose your close date, that’s true. But what they don’t tell you is they will pay you no more than 85% of fair market value. If you’re home is worth $400,000, these companies will offer you just ~$340,000. It’s like stealing so please do NOT use these sharks!
If you are really in a jam and need to sell fast, I’LL BUY YOUR HOME* from you and you’ll get a much better price AND I’ll still let you choose your closing date and pay your closing costs.
*Certain restrictions apply