The cash home buying industry has grown rapidly — and so have the number of companies operating in Ohio. Some are legitimate local buyers with real funds and real track records. Others are wholesalers who put your property under contract and then sell that contract to a third party. Understanding the difference protects you.
How a Legitimate Cash Purchase Works
- 1You submit your property information (address, condition, situation)
- 2The buyer reviews the property — often requesting a quick walkthrough
- 3You receive a written, no-obligation cash offer within 24–48 hours
- 4You review the offer and either accept, negotiate, or walk away
- 5If you accept, you sign a purchase agreement and choose a closing date
- 6Closing happens at a local title company — you receive your check
The Wholesale Model (What to Watch Out For)
Wholesalers present themselves as buyers but their actual intent is to assign your contract to another investor for a fee — typically $5,000–$20,000. They are not licensed real estate agents in most cases, and they do not always disclose that they are not the end buyer. This is not illegal in Ohio, but it is something you should know before signing.
- ✓Red flag: "We buy houses" with no local address or phone number
- ✓Red flag: Pressure to sign quickly before 'the deal goes away'
- ✓Red flag: Assignment clause buried in the purchase agreement
- ✓Red flag: No proof of funds available when requested
- ✓Red flag: Company is registered out of state with no Ohio track record
Is Your Situation Similar? Let's Talk.
Get a fair cash offer on your Dayton-area home within 15 minutes — no repairs, no fees, no pressure.
Mike Wall personally reviews every submission — Dayton local since 2016Questions That Reveal Who You Are Actually Dealing With
- 1"Are you the actual buyer, or will this contract be assigned to someone else?"
- 2"Can you provide proof of funds — a bank statement or letter of credit — today?"
- 3"How many properties have you closed on in Montgomery or Greene County in the last 12 months?"
- 4"Can you give me three references from Ohio sellers you have closed with in the last year?"
- 5"Is anyone on your team a licensed Ohio real estate agent?"
What Makes EZ Sell Homebuyers Different
- ✓We are the buyer — we never assign contracts to third parties
- ✓Mike Wall is a licensed Ohio REALTOR® (License #2001023573) — held to a professional standard
- ✓We are locally owned and operated in Springboro, Ohio since 2016
- ✓We have 72+ verified Google reviews from real Dayton-area sellers
- ✓We provide proof of funds on request before you sign anything
- ✓We will always tell you if a traditional listing would get you more money
What Happens at Closing?
We use licensed, local Ohio title companies for every transaction. You will sign a standard Ohio purchase agreement and a deed at closing. The title company holds funds in escrow and disburses them the same day. You can receive payment by wire transfer or check — your choice. There are no surprise deductions on our side; the contract price is what you receive.
Mike has helped over 1,700 Dayton-area homeowners sell their homes for cash since 2016. He personally reviews every offer and returns calls the same day.