If you’ve been cruising around in Inland Empire, chances are you’ve seen some billboards announcing companies that buy homes.
Usually they say things like “We Buy Inland Empire Mobile Homes!” or “Cash For Your Mobile Homes”.
Are These “We Buy Mobile Homes in Inland Empire Companies” Credible?
How do I know if the local home buying companies out there are honest and reputable?
Well… sometimes they all look the same at the beginning… but below we’ll walk you through some traits to look for in a local house buying company before you should work with them.
Buying and selling mobile homes is a valid and respectable profession that can help communities and house sellers in several ways. But just like any other industry – a minority of house buyers in any market are the ones who make the rest of us look bad.
There are people who are really great, honest folks who improve their neighborhoods one property at a time.
And then there’s crooked, dishonest people who put money ahead of the well being of their customers and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough profit.
Yes, they are out there.
We’ll help you dodge these “shady home buyers” so you can work with honest, ethical, and reputable local companies who can buy your property for a fair all cash offer and close on your timeline.
But let’s not focus on the negative – at least not yet.
First, let’s cover exactly what the best mobile home-flippers are doing.
What Reputable Inland Empire Mobile Home Buyers Are Doing
- Helping folks improve their lives by accessing the money they need right away. People sometimes need the cash in their home to cover unexpected medical costs, or to move to be close to a relative. We can make that happen in just a couple of days, and we deliver peace of mind.
- Helping sellers get rid of a troublesome property without the hassle of having to list it with a realtor and wait months and month for a sale.
- Creating local jobs. We hire plumbers, contractors, electricians, brokers, handymen, administrators and many other folks along the way. The average real estate transaction involves 86 people from start to finish. Our projects help create real jobs for people around Inland Empire CA.
- Buying US products. We spend tons of money on materials that are made right here in the USA – that creates jobs in our timber mills, factories, supply shops, distribution centers and more. The US economy depends on steady growth, and that requires investment from people like us.
- Increasing the value of Inland Empire neighborhoods. When we improve a mobile home, we’re helping to raise the value of the entire community. We often rehab abandoned and neglected properties, turning them into beautiful homes for families. That activity strengthens Inland Empire.
- Increasing the tax base. When a new buyer takes over one of our properties, they’ll pay a higher tax rate based on the new and improved value. Those taxes go to pay for our schools, fire, police, libraries, streets and other valuable pieces of infrastructure. Again, improving our communities.
Pretty cool stuff, right?
Oftentimes people think of house-flipping as a get-rich-quick scheme. That’s fueled by silly “reality” shows that hype up the drama because the reality of what we do on a daily basis is actually pretty dull.
Most of our work is coordinating with lots of people to make sure things are happening on time. We have to keep track of lots of moving variables.
So let’s get back to how you can utilize this information to find out if someone is a credible investor, and not just pulling a mobile home buying scam.
How To Ensure You’re Working With A Reputable Local Mobile Home Buyer
When you speak with a local mobile home buyer to potentially buy your house… ask them some of the questions below to ensure they’re reputable, knowledgeable, and honest.
Ask open-ended questions like:
- How do you assist your clients?
- What do you do for homeowners?
- Can you tell me more about your services?
- What aspect of your company makes you the proudest?
- How would you describe your investment strategy?
- How can I be sure that you’ll close on my home when you say you will?
Second, look for tell tale signs of methods that those few shady operators tend to use.
- “Kitchen table closings” – If a property buyer tries to get you to sign the title (ownership) of your home over to them at your house, rather than a professional place like a closing attorney or Escrow company… be leery. Most reputable mobile home buying services will complete the actual closing of the sale at a neutral 3rd party place… like an Escrow company. This guarantees everything is done right and on the up and up.
- Pressuring you into a fast closing – If a mobile home buyer tries to pressure you into selling your home and insists that you have to make the decision today, be leery. Most reputable home buying services will make you an offer and that offer will be on the table for at least 2-7 days (minimum) for you to make a decision. The reason reputable mobile home buying services like ours at Miguel Buys Mobile Homes do place deadlines on our offers is because the market changes and values can change week to week depending on other sales in the area, also… we buy a handful of mobile homes a month and when we make you an offer we’re assuring you that the cash to purchase your home is available and we’ll reserve that cash for several days so if you do want to sell your house, we can close on your schedule. If you feel the offer isn’t a fit for you, then we’ll designate those funds to help another seller with their home sale.
Most scammers are looking for a quick buck, and not an in-depth interview.
Odds are good that they’ll find excuses to get off the phone and move on to someone who doesn’t want to do their due diligence.
True investors who run honest and ethical Inland Empire mobile home buying services, however, are building long-term businesses based on relationships and community development.
So when you’re looking at one of the “we buy mobile homes in Inland Empire companies“… never be afraid to ask questions!