How do you sell your San Diego home for cash without getting scammed?
The key is to verify the buyer, understand the contract terms, and work with a trusted real estate expert. Schwarz Real Estate Group helps San Diego sellers navigate the cash sale process safely and confidently.
Why Some Sellers Prefer Cash Offers
Selling for cash can be appealing if you: – Need to relocate quickly – Are selling an inherited or distressed property – Want to avoid showings and repairs – Prefer a faster, simpler escrow process
But unfortunately, the cash buyer world includes both reputable investors and those looking to take advantage of homeowners.
Common Cash Sale Scams (and How to Spot Them)
1. Sight-Unseen Offers With No Proof of Funds
A “buyer” offers you top dollar, no inspection, no contingencies, but can’t provide a verifiable bank statement or proof of funds.
Red flag: Anyone making a serious cash offer should be able to show funds within 24 hours.
2. High-Pressure Sales Tactics
You’re told you need to sign a contract right now or risk losing the deal.
Red flag: Ethical investors will give you time to review terms and get advice.
3. Bait-and-Switch Pricing
An investor gives you a strong verbal offer, but the written contract is much lower, or the price drops significantly after a walk-through.
Red flag: Get all terms in writing and work with a professional who can verify market value.
4. Assignment Clauses Hidden in Contracts
The “buyer” isn’t planning to purchase your home; they’re assigning the contract to someone else for a profit.
Red flag: Look for “assignability” language and understand exactly who’s closing the deal.
How to Vet a Cash Buyer in San Diego
Before signing anything: – Ask for proof of funds from a U.S.-based institution – Check reviews and references (Yelp, BBB, Google) – Have a real estate attorney or agent review the contract – Don’t pay fees up front unless working with a licensed brokerage
At Schwarz Real Estate Group, we help our clients verify and vet every offer—cash or otherwise—before committing.
Our Role: Your Advocate in the Process
Selling for cash doesn’t mean skipping support. We help by: – Reviewing and negotiating terms – Ensuring compliance with all regulations – Coordinating secure escrow and title handling – Marketing the home first, if needed, to invite stronger competing offers
You don’t have to go it alone. Even if you’re entertaining a direct cash offer, we can protect your interests.
When to Be Extra Cautious
- If the buyer won’t meet in person
- If they avoid using a licensed escrow or title company
- If they want you to sign without reviewing comps
Scams often target older sellers, inherited properties, and urgent situations. We’re here to slow things down and keep the sale safe.
Thinking About a Cash Sale? Start Here
Don’t get pressured into a bad deal. If you’re considering a cash offer, or just want to explore your options, we’re here to help.
Contact Schwarz Real Estate Group for expert guidance on cash sales, valuations, and how to protect yourself from predatory buyers.