We Buy Houses For Cash Companies 2021 Reviews & FAQs

By 

Katherine Peach

Updated 

May 13th, 2021

SHARE

""We

Pros & cons | How it works | How much do they pay? | Best companies that buy houses for cash  The alternative: Listing with an agent | FAQs

🔑  Key takeaways
  • We buy houses for cash” companies can be a good solution if you need to unload an unwanted property in a hurry.
  • However, you won’t get top dollar — in fact, you might get only 50% of your home’s fair market value.
  • iBuyers will pay closer to your house’s fair market value but often charge hefty fees and have restrictions on the types of houses that they buy.
  • It pays to compare your options — get marketing plans from a local realtor to see how quickly you could sell on the open market.

Not everyone can afford the luxury of selling a house on the market for top dollar. On average, it takes 25 days to sell a house on the open market, and another 30-45 days to close. And that’s not counting the weeks of costly repairs and renovations you may need to make to sell your house for the best price.

If you need to sell a house fast, you might want to consider using a company that buys properties for cash. You won’t make as much money as you could by listing your home with a top licensed real estate agent, but with a “we buy houses for cash” company, you can sell an unwanted property quickly and conveniently, without the need to schedule repairs, host open houses, or pay closing costs.

In this guide to the best “we buy houses for cash” companies, we’ll break down how the process works, what the top companies are, and some alternatives that could help you sell your house just as quickly and for more money.

» SAVESell with a top local agent, save thousands on commission

The pros & cons of selling to a we buy houses for cash company

Selling your house to a “we buy houses for cash company” could be a good or bad idea, depending on your goals and situation. Here are the pros and cons to consider:

Pros
  • Speed. With a “we buy houses for cash” company, you may close significantly faster than you would with an open-market sale. In the companies we reviewed below, the average time to close was just 7-14 days, compared to 68 days for the average sale on-market.
  •  Certainty. With a “we buy houses for cash” company, the likelihood of your sale falling through is lower; you don’t need to worry about your buyer failing to qualify for a mortgage, changing their mind, or arguing with you over repairs.
  • Lower fees. With the companies we reviewed below, you don’t have to pay any real estate commissions or closing costs.
  • No repairs. Most “we buy houses for cash” companies will purchase your home “as-is.” You don’t need to make any costly and time-consuming repairs.
Cons
  • Lower price. With a “we buy houses for cash” company, it’s highly unlikely you’ll receive the fair market valuation for your home. Instead, expect a discount of as much as 30-50%.
  • Predatory tactics. Some cash buyers are “opportunity investors,” meaning that they prey on vulnerable people with distressed properties or who are facing difficult situations. They may use aggressive tactics to pressure you into a sale.

If you’re thinking about selling to a “we buy houses for cash” company, above all, it pays to compare alternatives.

To understand your options, interview 1-3 local real estate agents. Ask them how they would price your home to sell fast, and how long they’ve seen similar homes take to sell.

If a realtor understands your goals, they may be able to help you overcome the downsides of a “traditional” on-market sale by setting a lower price and marketing your home specifically to investors or other buyers who won’t turn away if your home needs repairs.

With a few pricing estimates from agents in-hand, you can then contact a “we buy houses for cash” company to get an offer and make an informed decision.

Clever can help!

Our Concierge Team will get you 3 top agent matches quickly so you can compare options.

How do we buy houses for cash companies work?

In general, “we buy houses for cash” companies are real estate investing businesses that buy properties for a cheap price, fix them up if necessary, and resell them on the open market. Typically, they buy properties as-is, so as a seller, there’s no need for you to put in any work.

And because these companies are out for quick profits, the sale can take only a few days, rather than months.

There are three types of companies that buy houses for cash:

  1. Local Cash Buyers: These can be small companies or even individual real estate investors that pay cash for homes. Often, they’ll “fix and flip” a house for resale, although sometimes they might rent out the property instead.
  2. Investor Networks: Companies such as We Buy Ugly Houses and Express Homebuyers have been around for years. They conduct marketing campaigns on behalf of local franchisees, who buy houses as-is for cash and then flip or redevelop them.
  3. iBuyers: These are venture capital-backed companies that buy and sell homes on the internet. They use computer algorithms to determine the value of your property and may even purchase it sight unseen.

🤔 Are “we buy houses for cash” companies legit?

Many companies that buy properties for cash are safe and legal.

Unfortunately, others are scams. Some fraudsters use a cash offer as a lure, only to charge bogus service fees and ultimately not buy your home.

In other cases, once you accept an offer, the buyer will turn around and sell the contract to another investor for a higher price — a practice called “wholesaling.” Some wholesalers are legitimate middlemen between sellers and investors, but others will lock you into a contract and then waste your time while trying to turn a quick buck.

To avoid scammers, make sure to ask a prospective cash buyer for references, and follow up on them. If they can’t provide any names and numbers, or if the references seem phony, don’t progress any further with the company.

Above all: read the fine print!

When a buyer gives you a contract, make sure the terms match up with what you have agreed verbally. Pay special attention to “contingencies” — the terms under which the buyer is allowed to negotiate the price or walk away from the deal. If you want to avoid wholesalers, include a clause that says the buyer is not allowed to “reassign” the contract.

» READCan a Seller Back Out of an Accepted Offer on a House?

Although each type of company works a bit differently, the process of selling your home to one is generally the same.

Here’s how a typical cash-for-houses transaction works:

  • You contact a real estate investing company by phone or via the internet. The company will ask you some questions about your house, its specifications, and its condition.
  • A local representative from the company will complete an onsite inspection and then present you with an offer. You may have some room to negotiate this offer, but don’t expect the amount of back-and-forth that you’ll find with a traditional home sale.
  • Once you accept the revised offer, you’ll sign a purchase agreement and schedule the sale’s closing date. Because the buyer is using cash, there’s no need to wait around for a bank to underwrite a mortgage. Plus, many companies handle title and escrow clearance in-house. This usually means a much faster closing timeline.

In a traditional home sale, the seller usually expects to pay the closing costs, which can range from 8-10% of the sale price (including realtor fees). However, many cash-for-houses companies and iBuyers cover the closing costs for you.

The biggest advantage of selling to a “we buy houses for cash” company is the speed in which the deals are finished. Many iBuyers will close on a sale in as soon as 10-14 days. If you use We Buy Ugly Houses, you can expect to wait for a little longer: from two to five weeks.

If your home is distressed or in a bad location, it could sit on the market for months or even years. Using one of these companies could help you get an unwanted property off your hands in a much shorter time frame.

» READ: When Does It Make Sense to Sell a Home "As Is"?

The tradeoff comes with the price you’ll receive for your house. Cash buyers and investing companies usually pay well below market value for your home — sometimes by as much as 20-50%. That’s to ensure they profit from the purchase of your home, even in the event of an unexpected market downturn.

⚠️ No matter how you sell your home, the sale can’t be closed unless all property liens are cleared. A lien is a notice attached to your house that’s related to unpaid debt. This can include failure to pay taxes, child support, legal settlements, etc.

Clever can help you sell fast for a better price!

Cash buyers like We Buy Ugly Houses can be a good solution if you need to unload an unwanted, distressed property fast. However, there are other options that can help you sell a home in a short amount of time without sacrificing a ton of equity.

If you need to sell fast, Clever may be a better choice. That’s because, in addition to significant cost savings, Clever sellers typically get offers 2.8 times faster than the national average, making it comparable to many cash buyers’ sale timelines.

If you’re thinking about selling to a “we buy houses for cash” company, it’s worth exploring Clever as an alternative before committing. It could mean thousands more in your pocket after closing.

When is selling your home to a cash buyer a good idea?

There are scenarios in which selling your house to a “we buy houses for cash” or iBuyer company might be a good option:

  • If you need to unload a property in a hurry — say, due to a divorce or an urgent move — cash buyers could help you sell faster and with greater certainty.
  • It might also be a good choice if you’ve inherited a property and don’t have any interest in working on it or even traveling to visit it. If you don’t particularly care about getting top dollar for the house, selling via a cash-for-homes company could be an effortless way to turn an unwanted property into cash.
  • If you’re facing foreclosure and don’t wish to retain the home, selling to a cash buyer might allow you to avoid a devastating hit to your credit without losing 100% of your equity, as in a short sale.
  • If your house is in very bad condition, using a “we buy houses for cash” company could help you sell the property without making repairs.

» LEARN: How to Sell an Inherited Home.

How much money can you make from a we buy houses for cash company?

It’s important to remember that, if you sell your house to either a cash-for-houses company or an iBuyer, you should not expect to get the fair market value. In fact, in most cases, you’ll receive significantly less. That’s because the business model of these companies depends on their turning around the properties for a profit.

To determine the amount to pay for a house, “we buy houses for cash” companies often use the chief tenet of house flipping: the 70% rule. This rule states that to make a decent profit, a buyer should pay no more than 70% of a home’s after repair value (ARV) — the amount for which they’d like to ultimately sell the house — minus the cost of any repair needed.

Say your house would have a value of $200,000 in pristine condition, but it needs about $20,000 in repairs. You should expect a houses-for-cash company to pay about only $120,000 ($200,000 times 70%, minus $20,000).

If you have the capital to handle those $20,000 in repairs yourself, you could hold out and list your home on the MLS with a licensed real estate agent and make as much as — or more than — the market value of $200,000 (keeping in mind you’ll need to pay commissions and closing costs).

Some cash buyers will pay even less than 70% of your home’s ARV. It pays to check out all of your options before committing.

That said, when you sell your property to a “we buy houses for cash” company, you won’t have to hassle with fixing up a house or negotiating repairs with prospective buyers. It’s important to weigh the benefits of selling for cash (speed and convenience) against the equity you’ll give up.

🏦 What if I owe more than my house is worth?

If you owe more on your mortgage than the current value of your home, some “we buy houses for cash” companies will help you set up a short sale.

In a short sale, the mortgage lenders will forgive the difference between the amount owed and the sale price, but you won’t receive any profit from the sale. Also keep in mind that a short sale can lower your credit score by as much as 160 points. It may also take more time than you think — as many as 90 days to complete.

The best companies that buy houses for cash in 2021

The home buyers on this list are nationwide real estate investor networks. When you request a cash offer from one of these companies, you will likely be connected to a local affiliate. Your experience may vary, depending on your specific connection.

In addition to the national companies listed below, there are many more cash buyers that only operate locally.

1. We Buy Ugly Houses

We Buy Ugly Houses

Full Review

Phone Number

866-200-6475

Time to Offer

Varies - pending home evaluation

Minimum Time to Sell

Close in as few as 3 weeks

Editor's Take
Pros & Cons
Locations
Reviews

We Buy Ugly Houses has a better reputation than most individual cash buyers, but the home seller's experience can vary based on the quality of their local franchise. While We Buy Ugly House can close in as little as three weeks,  it's common knowledge that they pay far less than fair market value.

Pros

  • Trusted, nationally recognized brand.
  • No need to worry about repairs.
  • Close in just three weeks.

Cons

  • Quality of service may vary between franchises.
  • Pays far less than fair market value.

We Buy Ugly Houses has over 800 independently owned and operated franchises across 46 states.

As of April 26, 2021, We Buy Ugly Houses's parent company, Homevestors, has an A+ rating on the Better Business Bureau. No other third-party reviews are available at this time.


This rating is based on overall national data. Research local franchises for specific reviews that reflect their quality of service. 

SHOW MORE

2. Fast Home Offer

Fast Home Offer

Fast Home Offer

Phone Number

888-424-4722

Time to Offer

1-2 days

Time to Sale

7-14 days

Details
Locations
Reviews

Fast Home Offer is a national service that has partnered with local investors across the country to buy houses for cash.  

Steps to sell with Fast Home Offer:

  1. Submit a form on Fast Home Offer's website, and a local investor will contact you to gather more information about your home
  2. It's possible that a cash offer can be made on the phone, but if not, schedule a visit for the investor to view the property. After the property is evaluated, the investor may present an offer
  3. Once an offer is accepted, a closing date can be set within 7-14 days, depending on your individual situation

As of May 2021, Fast Home Offer has an A+ rating on the Better Business Bureau.

SHOW MORE

3. WeBuyHouses.com

We Buy Houses

Full Review

Phone Number

877-932-8946

Time to Offer

24-48 hours

Minimum Time to Sell

7-14 days

Editor's Take
Pros & Cons
Locations
Reviews

Working with We Buy Houses is more likely to be positive than working with a local private real estate investor. We Buy Houses vets all of their investors and gives them an exclusive license to operate in their territory, so investors who use the brand name have an incentive to work hard in order to maintain their advantage. 

While We Buy Houses doesn't exercise control over how much their investors offer, they do reserve the right to rescind licenses if investors don't meet their ethical standards.

Pros

  • Offer in 24-48 hours.
  • Vetted, reputable real estate investors.
  • No need to worry about repairs.
  • Close in just seven days.


Cons

  • LIttle to no room for negotiation.
  • Individual investors have different strategies, so they may value your home differently.
  • Licenses are exclusive, so there is only one We Buy Houses option in your area.

We Buy Houses has over 2,700 offices across 49 states.

Reviews online are only available on local Facebook pages. 

The vast majority were positive, with customers saying that the We Buy Houses investor they worked with was fast and professional. The only negative review we found had to do with a customer who purchased a home from We Buy Houses and felt that the repairs they made before selling were cheap.

SHOW MORE

4. Express Homebuyers

Express Homebuyers

Express Homebuyers

Phone Number

877-804-5252

Time to Offer

7 minutes

Time to Sale

7 days

Details
Locations
Reviews

Express Homebuyers is a national service that has partnered with local investors across the country to buy houses for cash.  

Steps to sell with Express Homebuyers:

  1. Submit your home's information to receive an initial "as is" offer
  2. Meet with the local investor to assess your property and answer any questions
  3. Discuss the local investor's final cash offer and, if you're willing to sell, sign a sales agreement then and there
  4. Choose a closing day on your schedule
  5. Show up on the day of the sale to sign the paperwork and receive cash within hours

As of May 2021, Express Homebuyers had an average positive rating of based on 100+ reviews across Google and Yelp.

SHOW MORE

The best iBuyers in 2021

You’ll notice that the “we buy houses for cash” companies listed above were founded in the 1990s or early 2000s. In more recent years, an updated version of the concept, the iBuyer, has burst onto the scene.

Instead of sending out representatives with local market expertise, iBuyers use advanced computer algorithms that analyze home sale data to value homes in a way that generates profit. The name of the game is volume — iBuyers buy large quantities of homes and resell them. That means they can offer somewhat higher prices for homes. You might even receive as much as 98% of your home’s fair market value.

» READ: What is an iBuyer?

How do iBuyers work?

To initiate an iBuyer sale, visit the website of the company you’d like to use and submit basic information about your home. You’ll receive an initial offer. The company will then send a representative to your home for an inspection and submit a revised offer.

iBuyers might not accept homes in all conditions. In fact, they’re not necessarily a good option for you if you want to sell your home as-is and hassle-free. iBuyers also take more time to reach closing. You may have to wait as many as 30 days.

What’s the deal With iBuyer fees?

iBuyers such as Opendoor, OfferPad, and Zillow Offers pay more for houses than traditional “we buy houses for cash” companies — as much as 98%. But they make up for their narrow profit margins by charging service fees of 6-15%. How much you’ll be charged depends on the property’s condition and location. The service fee is to offset the costs the company assumes during the time it owns the house before reselling it (taxes, utilities, HOA fees, etc.).

1. Opendoor

Opendoor

Full Review

Service Fee

3.5-5%

Closing Date Window

14-60 days

Average Rating

4.05/5 (1,159 reviews)

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Opendoor is a good option for home sellers who need a fast, predictable sale with minimal hassle. While the price that Opendoor pays might be slightly below the value of comparable homes on the open market, the difference might be worth it for people who value convenience and speed.

Pros

  • Low service fee compared to competitors
  • Additional in-house services, including Opendoor Home Loans & OD Title
  • Highly rated in customers' online reviews


Cons

  • Pays fair market value at most
  • Limited ability to negotiate
  • Buyers may find Opendoor's repairs insufficient

Opendoor is currently purchasing homes in 23 locations.

  • AZ: Phoenix, Tucson
  • CA: Los Angeles, Riverside, Sacramento, San Diego
  • CO: Denver 
  • FL: Jacksonville, Orlando, Tampa
  • GA: Atlanta 
  • MN: Minneapolis-St. Paul
  • NC: Asheville, Charlotte, Raleigh-Durham
  • NV: Las Vegas
  • OR: Portland
  • TN: Nashville
  • TX: Austin, Dallas-Fort Worth, Houston, San Antonio
  • UT: Salt Lake City

As of February 15, 2021, Opendoor's weighted average is 4.05/5 based on 1,159 reviews.

SHOW MORE

2. Offerpad

Offerpad

Full Review

Service Fee

6-10%

Closing Date Window

10-90 days

Average Rating

1.8/5 (57 reviews)

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Offerpad promises the certainty of a cash offer and a fast closing on a date you choose. But its restrictive purchase agreement, hidden cancellation fee, and negative online reviews suggest it's riskier than other iBuyers.

Pros

  • Generous closing window compared to competitors
  • Late checkout option gives sellers up to 3 days to move out after closing
  • Access additional services, such as free local moves within 50 miles


Cons

  • You'll have to sign a binding contract before knowing the final offer price
  • You might face a 1% cancellation fee
  • Offerpad reserves the right to back out at any time

Offerpad is currently purchasing homes in 14 locations. 

  • AZ: Phoenix, Tucson 
  • AL: Birmingham 
  •  FL: Jacksonville, Orlando, Tampa 
  • GA: Atlanta 
  • NV: Las Vegas 
  • NC: Charlotte (+ neighboring parts of SC), Raleigh 
  • TX: Austin, Dallas-Fort Worth, Houston, San Antonio

As of February 15, 2021, Offerpad's average customer rating is 1.8/5 based on 57 reviews.

  • Website: www.offerpad.com
  • Phone: 844-388-4539
  • Email (Sellers): info@offerpad.com
  • Email (Buyers): buyers@offerpad.com
SHOW MORE

3. Zillow Offers

Zillow Offers

Full Review

Service Fee

6% + 1.5-9%

Closing Date Window

7-90 days

Average Rating

Not available

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Zillow Offers can be a convenient option for sellers — but its fees can potentially be higher than competitors. If you're in a market where there are multiple iBuyers, it's worth shopping around to find out which will give you the best cash offer.

Pros

  • Extra time to decide: Initial cash offers are valid for 5 business days
  • Generous closing window compared to competitors
  • Offers are typically within 1-2% of fair market value


Cons

  • Fees could total up to 13.9% (6% selling fees plus a maximum 7.9% in service fees)
  • Upselling: Zillow will try to get you to work with a premier agent, even if you decline its cash offer
  • No option to do repairs yourself

Zillow Offers currently purchases homes in 25 locations.

  • AZ: Phoenix, Tucson 
  • CA: Los Angeles, Riverside, Sacramento, San Diego 
  • CO: Colorado Springs, Denver, Fort Collins 
  • FL: Jacksonville, Miami, Orlando, Tampa 
  • GA: Atlanta MN: Minneapolis 
  • NC: Charlotte, Raleigh 
  • NV: Las Vegas 
  • OH: Cincinnati 
  • OR: Portland 
  • TN: Nashville 
  • TX: Austin, Dallas, Houston, San Antonio

As of February 15, 2021, Zillow Offers does not have any verified customer reviews on reputable third-party review sites.

SHOW MORE

4. RedfinNow

RedfinNow

Full Review

Service Fee

6-12%

Closing Date Window

10-30 days

Average Rating

Not available

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Compared to its competitors, RedfinNow handles a relatively small volume of iBuyer sales. However, RedfinNow shines in several niches, thanks to its willingness to accept older homes and its availability in a wide range of California cities. 

Pros

  • Expanded presence in cities across California, including several not served by other iBuyers
  • Large and trusted corporate brand
  • Older homes (built after 1930) are eligible in select cities


Cons

  • Relatively expensive services fees (up to 12% of the offer price)
  • Relatively limited flexibility on closing window, compared to competitors
  • Verified customer reviews are unavailable

RedfinNow is currently purchasing homes in 14 locations.

  • AZ: Phoenix 
  • CA: Inland Empire, Los Angeles, Orange County, Palm Springs, Sacramento, San Diego, San Francisco 
  • CO: Denver 
  • TX: Austin, Dallas, Houston, San Antonio 
  • WA: Seattle

As of February 15, 2021, RedfinNow does not have any verified customer reviews on reputable third-party review sites.

SHOW MORE

5. Knock

Service Fee

1.25%

Closing Date Window

Varies

Average Rating

4.8/5 (710 reviews)

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Knock allows customers to purchase a new home before selling their old one. Unlike typical iBuyers, you'll sell on the open market with a traditional real estate agent. Knock will cover your old mortgage until your home sells — but you'll still eventually have to settle up, and costs can add up fast if your home sits on the market.

Pros

  • You'll sell on the open market, potentially receiving offers above fair market value
  • $25,000 advance for home repairs before selling
  • Compared to competitors, Knock accepts older homes (built after 1930)


Cons

  • Fees can add up quickly if your home sits on the market
  • You'll have multiple points of contact rather than one dedicated agent
  • Buyers will need to be proactive and independent in their home search

Knock is currently operating in 15 locations.

  • AZ: Phoenix 
  • CO: Denver 
  • FL: Fort Lauderdale, Jacksonville, Miami, Orlando, Tampa, West Palm Beach 
  • GA: Atlanta 
  • NC: Charlotte, Raleigh-Durham 
  • TX: Austin, Dallas-Fort Worth, Houston, San Antonio

As of February 15, 2021, Knock's average customer rating is 4.8/5 based on 710 reviews.

SHOW MORE

6. Orchard

Service Fee

6%

Closing Date Window

14-60 days

Average Rating

4.6/5 (97 reviews)

Editor's Take
Pros & Cons
Locations
Reviews
Contact

Orchard is a home trade-in service that allows you to purchase a new home by getting access to your current home's equity. You can then list your old home on the market with an Orchard listing agent.

If you need to move quickly, but still want to get top dollar for your home, Orchard is worth considering. However, Orchard only accepts newer homes compared to its competitors.

Pros

  • You'll have a generous 7-day window to consider Orchard's offer
  • Use Orchard's Offer Boost program to make a cash offer on a new home
  • If your home doesn't sell in 120 days, you can accept Orchard's guaranteed cash offer


Cons

  • Homes must be relatively new, compared to competitors (built after 1972 vs. 1930-1960)
  • Orchard's cash offers will likely be much lower than what you'd be able to sell for on the open market

Orchard is currently operating in nine locations.

  • CO: Colorado Springs, Denver 
  • GA: Atlanta 
  • NC: Charlotte, Raleigh-Durham 
  • TX: Austin, Dallas-Fort Worth, Houston, San Antonio

As of February 15, 2021, Orchard's average customer rating is 4.6/5 based on 97 reviews.

SHOW MORE

Find a local cash-for-houses buyer

If you’d like to find a “we buy houses for cash” company in your local market, we’ve put together comprehensive guides to assist you. Select your location from the listings below:

Alabama
Louisiana
Ohio
Alaska
Maine
Oklahoma
Arizona
Maryland
Oregon
Arkansas
Massachusetts
Pennsylvania
California
Michigan
Rhode Island
Colorado
Minnesota
South Carolina
Connecticut
Mississippi
South Dakota
Delaware
Missouri
Tennessee
Florida
Montana
Texas
Georgia
Nebraska
Utah
Hawaii
Nevada
Vermont
Idaho
New Hampshire
Virginia
Illinois
New Jersey
Washington
Indiana
New Mexico
Washington, D.C.
Iowa
New York
West Virginia
Kansas
North Carolina
Wisconsin
Kentucky
North Dakota
Wyoming


An alternative to we buy houses for cash companies

"We buy houses for cash” companies can be a good choice for homeowners who need to sell their properties in a matter of weeks. And iBuyers can be ideal if you have a property in great condition.

However, if you have more time, you’d be better off connecting with a highly rated local realtor and pricing your home aggressively.

Clever co-founder Ben Mizes said, "I would recommend you speak with a great agent and explain your needs. If you really need to sell fast, you can price your house a bit under market value and mention you're looking for cash offers in the listing. That will increase your chances of getting a fair offer. At the same time, you can get quotes from we buy houses companies to make sure you have a backup plan!”

Connecting with a top realtor in your area and letting them know that you need to sell your home quickly will likely let you keep more of your home’s equity. An experienced realtor will know how to price your home to get as much for it as possible while ensuring you can close in your given time frame.

FAQ about we buy houses for cash companies

Are "we buy houses for cash" companies legit?

Yes, many reputable companies buy houses for cash. If you’re considering selling your home to one of these companies, make sure to thoroughly research it first by checking its rating with the Better Business Bureau and reading previous clients' reviews.

How long does a cash sale on a house take?

Selling your home to a cash buyer can take anywhere from seven to 30 days, depending on the buyer and your specific situation.

A fast home sale is a key advantage of selling your home to a cash buyer. However, the tradeoff is that you'll likely get far less — typically 30-50% less — than your home's market value.

What are the closing costs for a cash buyer?

When selling your house to a We Buy Houses for cash company, the closing costs — which often include taxes, insurance premiums, etc. — are typically covered by the buyer.

This may sound like a good way to save money when selling your home. However, since cash buyers typically offer much less than your home's market value, you will likely not save money by avoiding closing costs.

How do I sell my house "as is"?

To sell your house "as is," you must indicate on your listing that you are not willing to make any repairs to your home. This is as simple as putting "as is" in the description of your home in your MLS listing.

It can also help to have a pre-inspection performed and disclose all of the issues found upfront, so potential buyers know what they are getting into.