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Homeowners Beware....

Reviewing: Homevestors My House  |  Rating:
mchanrice By mchanrice on
Badge: Author | Level: 2 | Finances Expertise:

Homeowners beware. You see and hear advertisements everywhere about companies that will buy your house as is. That is NOT always the case. I had seen the billboards and the signs all over town for Homevestors and decided to give them a call. I was immediately contacted by someone from the Homevestors office to set up an appointment to see my house. I inherited a house that was in need of repairs and some major yard work. So the guy came out looked everything over, took pictures, and said he would get back with me quickly with a written offer. A few days went by and he contacted me with a written offer and of course I accepted. I was told that the owner of the company would be in contact with a closing date. When I didn't hear anything I called and asked if everything was fine and I was told by both the buying agent and the owner the deal was still on. A day before we were schedule to close I get a call from the owner telling me that he couldn't get financing for the amount that he originally offered. He asked if I would accept a lower offer of course I accepted the offer. I was given another closing date and was told that the appraiser would need to get in to appraise the house for the lender. The appraiser came and did the appraisal. The closing date came and went and finally after calling numerous times I get a hold of the owner and he tells me that he can't buy my house because the gold fish pond in the back yard is a liability. A few weeks go by and the Homevestor guy calls me and tells me he has a buyer out of town and that he would pay cash and would want to close very quickly can I show it? Of course I take time off from work to meet them at the house and show it. I'm told the out of town buyer would be making a decision within 48 hours. 48 hours came and went and I didn't hear a thing. My experience with Homevestors was the worst. I would NOT recommend this company to anyone.