Real vs. Fake Cash Buyers in Maryland: How to Spot a "Ghost" Investor
If you list your house for sale by owner (FSBO) or even just search for "sell my house" online in Maryland, your phone will start ringing. You will get texts. You will get cold calls. You will get postcards. Many of these come from what the industry calls "Virtual Wholesalers." These are often individuals sitting in a call center in another state (or another country) who have never stepped foot in Maryland. Their goal isn't to buy your house; it's to get you to sign a contract so they can frantically try to "assign" (sell) that piece of paper to a real buyer like us. If they can't find a buyer? They "ghost" you. They stop answering calls. And suddenly, two days before you are supposed to move, you find out the closing isn't happening. The "Proof of Life" Check At Maryland Cash Home Buyers (MCHB) , we believe you should know exactly who is on the other side of the contract. Before you sign anything with a cash buyer, we ...