We ranked 15 cash buyers who buy homes in the Troy, Michigan area. Read on for the full list of companies, or use our tool to compare cash offers from vetted buyers in your zip code.
About cash home buyers (read more)
- Companies that buy houses for cash buy almost any Troy property, including homes that need repairs or homes with complicating factors, like title issues or tax defaults, that could make a regular sale difficult.
- Cash home buyers typically pay in cash, so they can often help you sell your house faster than a conventional buyer who has to wait to get approved for a mortgage — sometimes within just a few days.
- Buying complicated properties quickly brings a lot of risk, so these investors typically pay less for homes than you would get in an open market sale, to ensure they don’t end up taking a loss.
- This tradeoff can be well worth it for sellers who need speed, certainty, privacy, or problem-solving to get a deal done. Just make sure to thoroughly vet any cash home buyer and get multiple offers to compare. It's also worth considering alternatives like selling with a low commission realtor.
Cash home buyer alternatives (read more)
- If you need to sell fast or on a very specific timeline and your home is relatively new and in good condition, you may want to consider an iBuyer instead. iBuyer companies offer similar speed and flexibility but pay closer to fair-market value.
- If you have a bit of timeline flexibility, it’s worth finding a real estate agent to get a free comparative market analysis so you know what you could get for your home on the open market. Listing with an agent means less control over timing but will generally net you the most money in the end.
Top companies that buy houses for cash in Troy, Michigan
Company
TrustScore
BBB Status
Active Since
40.5
🟣 Safe to consider
Unverified
2021
Explore all Troy, Michigan cash home buyers
Novi cash home buyer
TrustScore
75.5
BBB Status
Accredited, A+
Active Since
2019
At a glance
Full analysis
Reviews
Company info
- High average rating of 4.4 based on 21 reviews, but customer feedback isn't consistently acknowledged.
- BBB accredited with an A+ rating, indicating strong credibility.
- Moderate recent activity with a quarter of months active in customer reviews.
- Established since 2019 with consistent customer interactions.
- High transparency with team member information and customer testimonials available on its site.
Michigan cash home buyer
TrustScore
69.5
BBB Status
Accredited, A+
Active Since
2019
At a glance
Full analysis
Reviews
Company info
- Average rating sits at 3.8 based on 42 reviews, with a strong response rate to feedback.
- It's BBB accredited with an A+ rating, indicating strong credibility.
- Some recent activity with two reviews in the past six months.
- Active since 2019, and consistent customer reviews suggest a steady flow of business.
- Partial transparency; provides team member names and photos, but lacks customer testimonials.
Pontiac cash home buyer
TrustScore
50.0
BBB Status
Accredited, A+
Active Since
Unverified
At a glance
Full analysis
Reviews
Company info
- 5-star average rating from 2 reviews, but the response rate to customer feedback is lacking.
- BBB accredited with an excellent A+ rating.
- Strong transparency, showcasing team member names, photos, and customer testimonials on its site.
Troy cash home buyer
TrustScore
40.5
BBB Status
Unverified
Active Since
2021
At a glance
Full analysis
Reviews
Company info
- Excellent average rating of 4.9 based on 19 reviews, and it frequently responds to feedback.
- Good recent activity with six reviews in the past six months.
- Short track record since 2021, but consistent customer interactions.
- Lacks transparency, with no team member information or customer testimonials on its site.
Southfield cash home buyer
TrustScore
33.6
BBB Status
Unverified
Active Since
2018
At a glance
Full analysis
Reviews
Company info
- High average rating of 4.9 based on 35 reviews but no recent reviews.
- Minimal recent activity with no reviews in the last six months.
- Active since 2018, but infrequent reviews suggest it doesn't often interact with customers.
- Lacks transparency, with no team member information or customer testimonials on its site.
Michigan cash home buyer
TrustScore
31.3
BBB Status
Unverified
Active Since
2021
At a glance
Full analysis
Reviews
Company info
- High average rating of 4.8 from 19 reviews but responds to less than a quarter of them.
- Low recent activity with only two reviews in the past six months.
- Active since 2021 with moderate consistency in customer interactions.
- Lacks transparency due to no information about team members or customer testimonials.
Franklin cash home buyer
TrustScore
29.5
BBB Status
Unverified
Active Since
2017
At a glance
Full analysis
Reviews
Company info
- With an excellent 5-star average rating based on 8 reviews, but response to reviews is low.
- No recent activity as the company received no reviews in the past six months.
- Active since 2017, but sparse reviews suggest it doesn't regularly do business.
- Partial transparency, with team member profiles available but no customer testimonials.
Madison Heights cash home buyer
TrustScore
27.5
BBB Status
Unverified
Active Since
2018
At a glance
Full analysis
Reviews
Company info
- Exceptional average rating of 5, but based on a small number of 4 reviews.
- No recent activity, as it has received no reviews in the past six months.
- Active since 2018, but infrequent reviews suggest it doesn't have a lot of business.
- Offers no transparency, lacking team information and customer testimonials on its site.
Michigan cash home buyer
TrustScore
25.8
BBB Status
Unverified
Active Since
2022
At a glance
Full analysis
Reviews
Company info
- Receives a perfect average rating, however, it's based on only two reviews, and doesn't respond to them.
- No recent activity with zero reviews in the last six months.
- Starting in 2022, the lack of regular reviews suggests it doesn't get a lot of business.
- Provides some transparency by showcasing team member names and photos, but lacks customer testimonials.
Southfield cash home buyer
TrustScore
21.8
BBB Status
Unverified
Active Since
2022
At a glance
Full analysis
Reviews
Company info
- Holds a perfect average rating of 5, but based on only three reviews.
- No recent activity since there are no reviews in the last six months.
- Has a limited track record, only having been active since 2022.
- Limited transparency due to lack of team member information and customer testimonials on its site.
Bloomfield Hills cash home buyer
TrustScore
20.0
BBB Status
Unverified
Active Since
2021
At a glance
Full analysis
Reviews
Company info
- Exceptional average rating of 5 based on six reviews; it responds to two-thirds of feedback.
- Recent activity is moderate, with two reviews in the last six months.
- Short track record since 2021, with occasional customer reviews.
- Limited transparency due to the absence of team member information and customer testimonials.
Troy cash home buyer
TrustScore
14.7
BBB Status
Unverified
Active Since
2022
At a glance
Full analysis
Reviews
Company info
- High five-star rating but based on only two reviews.
- No recent reviews in the past six months.
- New to the market in 2022, with very few customer reviews so far.
- Lack of transparency as it doesn't present team member information or customer testimonials on its site.
Ferndale cash home buyer
TrustScore
13.3
BBB Status
Unverified
Active Since
2021
At a glance
Full analysis
Reviews
Company info
- Holds a high average rating of 4.7 from 9 reviews, but inconsistently responds to feedback.
- Displays no recent activity with no reviews in the last six months.
- Short track record since 2021, with customer interaction only happening a fraction of the time.
- Limited transparency as it doesn't provide team member information or customer testimonials on its site.
Michigan cash home buyer
TrustScore
12.0
BBB Status
Unverified
Active Since
Unverified
At a glance
Full analysis
Reviews
Company info
- Partial transparency with team member names and photos displayed on its site, but lacks customer testimonials.
Michigan cash home buyer
TrustScore
12.0
BBB Status
Unverified
Active Since
Unverified
At a glance
Full analysis
Reviews
Company info
- Partial transparency, as it displays team member names and photos, but lacks customer testimonials.
Next steps: Start requesting cash offers
Related articles and resources
What you should know about cash home buyers
- Cash home buyers can be useful if you have a complicated home sale, you want to sell your house fast, you've inherited a house, or you have goals that would be difficult to achieve selling with a real estate agent on the open market. Your options, offer prices, and closing speed will depend on your situation.
- You may need to contact numerous cash buyers to get workable offers. Cash buyers are investors with varying budgets, goals, and constraints. Some will pay cash for almost any home under any circumstance at any time. Others specialize in locations, price ranges, property types, or situations.
- Cash offers will be unique to your home. How much "we buy houses for cash" companies will pay — and how fast they can close — depends on the home and situation. Investors can pay more for turnkey properties than those in need of major repairs.
- The selling process is condensed. Some companies that buy houses for cash can close deals within 2–3 days. However, Chesapeake houses with complicated legal issues could take months to close.
- Most cash home buyers pay closing costs. You won't have to pay any unexpected fees on your closing date. Companies that buy houses for cash usually factor the seller's closing costs into their offer.
- Requesting a cash offer is always free, and there’s zero obligation to accept it. You may not get the fair market value many sellers get using a real estate agent. But you decide if you're offered a fair price and if the terms are acceptable based on your situation. If you feel pressured to accept an offer, walk away. If you suspect a scam or financial exploitation, the Consumer Financial Protection Bureau recommends you report it to the Federal Trade Commission and take these additional steps.
How to choose a cash home buyer and get good offers
- Make sure the cash buyer is legit. Stick to buyers with credible websites that include owner information and video testimonials from real customers. Look for a solid number of legitimate positive customer reviews on established, external platforms like Google. Also, look for companies with Better Business Bureau (BBB) profiles accredited with A+ ratings.
- Verify the buyer has the funds. Ask the buyer for an official proof of funds (POF) letter from their bank. Experienced and legitimate cash home buyers will expect this question or provide the POF without you even asking. The cash buyer should also provide a sufficient earnest money deposit (usually 1–2% of the sale price) when you go under contract, which represents their commitment to the sale.
- Get multiple cash offers. Just like when getting quotes from contractors or shopping for the best mortgage rates, getting several offers from legit "we buy houses for cash" companies to compare and choose from will help you get the best terms and outcome.
Selling a House As-Is: What You Need to Know: We share the main factors that affect how much you may gain (or lose) when you sell as-is.
10 Best Companies That Buy Houses for Cash: Our team spent hundreds of hours researching "we buy houses" companies and iBuyers. Many of these companies have local franchises throughout the nation.
How we rank cash buyers
Data sources
Our research team evaluated 15 cash home buyers serving Troy. It also compiled and analyzed 58,606 publicly available data points tied to past transactions, customer reviews, and more to evaluate each of the Troy home buyers and create our final list and rankings.
Methodology
Our team used public business directories to identify every company serving the Troy area calling itself a cash home buyer. We filtered that list and ranked the top options based on the following criteria:
- Credibility: Is the company a legitimate and safe option? Before we recommend any company, we assess its owners and/or team members, customer testimonial videos, Better Business Bureau status, total Google reviews, and the legitimacy of those reviews.
- Activity: Is the company actively buying a large number of homes? We consider Google and BBB reviews an indicator of sales activity. We examine how many reviews the company has had in the past six months and whether the company responds to its reviews.
- Satisfaction: Are sellers generally happy with their experience and outcome? We gauge how compassionate, helpful, fair, and reliable a cash home buyer is by evaluating its Google and BBB reviews for average rating, total reviews, and negative reviews.
Our team also highlighted the company's availability based on where it operates.
- Local: Operates in Troy
- Statewide: Operates throughout Michigan
- Multi-state: Operates throughout Michigan and at least one other state
- Nationwide: Operates in all states
✍️ Editor’s note: We don't disqualify a company for limited or missing data, but we do lower the company’s ranking. We base our rankings on objective measurements and can only measure what we see. We regularly search for missing data to update our rankings accordingly.
Clever Real Estate's content team created parts of this page with the assistance of an AI tool. Our team of humans researched the companies, collected and analyzed the data, and ranked the companies, then used AI to assist in writing about the companies. Our team fact-checked and edited the text, as it does for all of our content.