Top 5 We Buy Houses for Cash Companies in Vermont (2021 Rankings)

Jamie Ayers

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Jamie Ayers

August 17th, 2022
Updated August 17th, 2022

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We Buy Houses company reviews | What they do | How they work | How much they pay | How much they cost | Pros and cons | Alternatives | FAQs

We Buy Houses companies in Vermont offer cash to homeowners that need to sell quickly. We reviewed the top Vermont We Buy Houses companies so you can shop around for an offer and make an informed decision.


Key Takeaways

  • We Buy Houses companies can help you sell fast, but they're not a great deal in most cases
  • You'll only get about 70% of the actual fair market value of your home by selling to one of these companies
  • You should compare offers from We Buy Houses companies and iBuyers in your area to make sure you get a fair price. Get offers from top local cash home buyers now!

Top Vermont We Buy Houses companies reviews

We Buy Houses companies and other cash buyers allow you to sell your home fast — sometimes in a week or less. We've pulled together some of your best options in Vermont, but we recommend using Clever Offers if you want to get the most value for your home.

With Clever Offers, a local agent can shop for cash offers from the top We Buy Houses companies in Vermont on your behalf. You'll also get a professional home valuation so you know what your home is REALLY worth. Your agent can negotiate to get you a fair deal, or list your home on the open market if you want a higher sale price.

✍️ Editor’s note

The information in the reviews below is publicly available. Unfortunately, though, We Buy Houses companies are not particularly transparent or willing to share information with non-clients.

Our advice:

  • Read any contracts carefully

  • Don’t pay for anything upfront

  • If it doesn’t feel right, walk away

  • Reach out to multiple companies and compare offers

NeedToSellMyHouseFast

NeedToSellMyHouseFast

Website

Phone Number

(800) 234-4361

Time to Offer

Undisclosed

Time to Sale

Undisclosed

Why We Chose It
Details
Locations
Reviews

NeedtoSellMyHouseFast.com is a cash buyer operating in several states across the U.S. with generally positive reviews.

Need to Sell My House Fast buys homes for cash throughout the United States. To sell your house to Need to Sell My House Fast, you can:

  • Meet with a representative in person and ask questions
  • Read the background research and market analysis made to accompany the initial offer
  • Take as much time as you need to consider their offer

Need to Sell My House Fast buys homes across the country. Some of their serviced states include:

NeedToSellMyHouseFast.com received an average of 4.3 stars from 23 customer reviews.

Facebook: 4.3 stars/23 reviews

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We Buy Ugly Houses

We Buy Ugly Houses

Full review

Phone Number

(866) 288-9516

Time to offer

Varies

Time to sale

Varies

Why we chose it
Details
Locations
Reviews

We Buy Ugly Houses is a nationally recognized brand with a solid reputation. The company has over 800 franchises across the U.S., so be sure to check reviews for the individual location you plan to contact.

We Buy Ugly Houses is a property investor that buys homes for cash in over 800 locations across the U.S. To sell your home to We Buy Ugly Houses you can:

  • Submit information about your property online or by phone and set up an appointment for an investor to see your home
  • Show your home to the investor and receive a no-obligation offer
  • Set a closing date on your own schedule as soon as 3 weeks after accepting the offer

We Buy Ugly Houses has over 800 independently owned and operated franchises across 47 states and Washington, DC.

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.

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Fast Home Offer

Fast Home Offer

Website

Phone Number

888-424-4722

Time to Offer

1-2 days

Time to Sale

7-14 days

Why We Chose It
Details
Locations
Reviews

Fast Home Offer combines the expertise of local buyers with the purchasing power of national investors. It can close on a home sale in just one or two weeks.

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

Fast Home Offer received an average of 3 stars from 4 customer reviews. It's accredited by the Better Business Bureau and it has an A+ rating.

BBB: 3 stars/4 reviews

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HouseCashin

HouseCashin

Website

Phone Number

(877) 355-1244

Time to Offer

24 hours

Time to Sale

3 - 30 days

Why we chose it
Details
Locations
Reviews

HouseCashin combines the knowledge of local investors with the strength of a national brand. The company can close as soon as a few days.

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

Steps to sell with HouseCashin:

  1. Call and speak with representative of HouseCashin, or submit a form on its website, and provide details about your home
  2. Schedule a visit with a HouseCashin representative to view your home. If the representative wishes to buy your home, you will be presented with a cash offer
  3. Set a closing date and fill out the proper paperwork. When the sale is done, receive the cash for your home

House Cashin received an average of 4.4 stars from 25 customer reviews.

Google: 4.7 stars/14 reviews
Facebook: 5 stars/8 reviews
Yelp: 3.5 stars/3 reviews

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Ekwity Investments

Ekwity Investments

Website

Phone Number

(888) 519-3721

Time to Offer

3 days

Time to Sale

7 days

Why We Chose It
Details
Locations
Reviews

We picked Ekwity Investments because it's a large national buyer with local investors that can close in just a week or so in many cases.

Ekwity Investments is a national service that operates in 40 US states. In general, you can sell your house to Ekwity Investments by:

  • Filling out the initial online assessment
  • Receiving a cash offer within 3 days
  • Closing within a week, or on your own schedule

Ekwity Investments provides local services in 40 states. Check this page for the full list of state pages.

Ekwity Investments received an average of 5 stars from 5 customer reviews.

Facebook: 5 stars/5 reviews

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» LEARN: These are the best national We Buy Houses for Cash companies

What is a We Buy Houses company?

We Buy Houses companies and other cash buyers offer a fast solution for homeowners. They purchase houses “as-is” — that is, in their current condition, without any repairs or prep — and pay in cash.

These companies exist because the traditional home selling process doesn’t work for everyone. For example, in Vermont, a typical home sale can take 106 days from listing to closing. Some homeowners can’t wait that long.

Further, these companies are another option for sellers with homes in such poor condition that they wouldn't qualify for financing from traditional buyers.

When to use a We Buy Houses company

For home sellers who need to sell in a hurry, want to avoid paying for repairs out of pocket, or are looking for a more convenient selling method, a cash buyer can be a great option.

But they're not right for everyone.

To ensure a profit, We Buy Houses for Cash companies in Vermont make offers that are well under fair market value — about 30% less. On a $250,000 home, that means you'd lose out on around $75,000.

Put simply, the speed and convenience these companies offer don't always outweigh the hit you'll take to your bottom line. In many cases, you’re better off working with a full-service real estate agent on the open market to get the most value for your home.

Make more money selling your house!

Clever can match you with a full-service agent so you can sell fast and get top dollar for your home.

How a We Buy Houses company works

While the smaller details and timeline vary from company to company, We Buy Houses companies in Vermont all share the same basic business model.

  • An interested home seller reaches out directly to the cash buyer company
  • The company assesses the property, focusing on factors like necessary repairs and potential resale value
  • Based on the amount of time and money it will to need to invest in the property, the company makes an "as-is" cash offer
  • If the homeowner accepts, the deal closes quickly because there's no need to negotiate, wait for financing approval, or inspect and appraise the property
  • The cash buyer repairs the home and then resells it for a profit

The quick process benefits homeowners who don't have the resources or time for a traditional sale.

For perspective, according to realtor.com, houses typically spend 61 days on the market in Vermont before the seller accepts an offer. Then there's the closing process, which takes between 30 to 45 days if the buyer is applying for a mortgage. That means it can take the typical seller up to 106 days to finalize the sale.

In comparison, some We Buy Houses for Cash companies in Vermont can complete the whole process in as few as seven days.


Traditional Process
Cash Buyer Process
Prepping the House
Days to months, depending on the condition
None — these companies buy homes "as-is"
Time to Offer
61 days
2 days or fewer
Closing Process
30-45 days
7 days or fewer

Ballpark vs. official offers

Many Vermont We Buy Houses companies advertise that they'll send you an offer in as few as seven minutes. This is not an official offer.

After talking to a company representative, they'll give you a ballpark estimate of what they'll pay. Very few companies will make a binding offer sight-unseen — and if they do it'll be substantially lower to account for possible issues.

Once you schedule an in-person inspection, the company will present a legal offer, often on the spot.

Who actually buys your home

Some of the bigger, well-known We Buy Houses companies in Vermont aren't actually buying your home. Instead, it's a network of local investors or the company simply refers interested sellers' information to local house flippers.

In these cases, how long the process takes will depend on the investors in your area.

For example, we called a few We Buy Houses companies that advertised offers in less than an hour… and none of them responded within that time frame.

We Buy Houses companies pros and cons

✅ Pros
  • Fast, certain cash offers: Most companies will send an offer within 24 hours. And, there's no chance of the deal falling through because a mortgage application is denied or the buyer gets cold feet.
  • Sell your home "as-is": These companies will usually buy your home regardless of condition (and deduct the cost of repairs from the offer price).
  • Schedule your own closing date: Instead of going through the typical 30-45 day closing process, you can close in as few as seven days.
  • Low closing costs: Many Vermont We Buy Houses companies will cover typical closing costs. This can save you 1-3% of your final sale price.
❌ Cons
  • Lower offers: To ensure they make a profit, these companies will offer 70% of your home's market value, minus the cost of necessary repairs.
  • No negotiating: You can either take an offer or leave it. The company won't negotiate, even if you disagree with its evaluation of your property.
  • Predatory tactics: Many sellers considering a cash buyer are in a difficult situation, like foreclosure. Some companies, unfortunately, take advantage of your situation. Never sign anything because you feel pressured. Instead, be prepared to walk away if something doesn't feel right.

Frequently-asked questions

What are the best alternatives to We Buy Houses companies?

Working with a We Buy Houses company isn’t a great option for most sellers due to how much you stand to lose with a lower purchase price. Instead, selling with a low commission company, like Clever, is a better way to sell your home for top dollar while also saving on realtor fees.

How much will We Buy Houses companies in Vermont pay?

We buy houses companies use the 70% offer rule to ensure they'll make a profit. Basically, the 70% rule says the buyer shouldn't pay more than 70% of the home's After Repair Value (ARV) — what they hope to sell the house for — minus repairs.

On a Vermont home that would sell for $150,000 on the open market, they may only pay $105,000. Selling a home that's worth $300,000? You may only see an offer for $210,000.

How much does selling a home to a We Buy Houses company in Vermont cost?

On the surface, nothing. These companies don't charge you fees to buy your home. You'll also avoid many traditional selling costs, like realtor commissions and closing costs.

When you add all these expenses up, selling to a cash buyer can have significantly fewer upfront costs than a typical home sale. However, given the lower prices they offer, the savings don't always make up the difference. You could end up with much less in your pocket at the end of the day.

Here's how much a seller in Vermont can walk away with using your state's median listing price of $400,906, average selling costs, and carrying costs (that is, the daily cost of owning a home, including utilities, mortgage, and taxes).


Selling to a We Buy Houses Company
Selling with a Traditional Realtor
Selling with Clever
Home value*
$240,544^
$400,906
$400,906
Repair costs**
$0
$5,000
$5,000
Seller concessions
$0
$10,424
$10,424
Staging costs**
$0
$1,409
$1,409
Closing costs
$0
$8,018
$8,018
Carrying costs
$472
$1,770
$1,422
Commissions and service fees
$0
$20,526
$13,871
Take Home
$240,072
$353,759
$360,762
*Based on the average listing price for the last 12 months (realtor.com)
^70% rule and assuming the house needs 10% of its ARV in repairs
**Based on HomeAdvisor national average

Are We Buy Houses for Cash companies scams?

In general, We Buy Houses companies in Vermont are not out to scam you. Some are national franchises and others are family-owned. In both cases, they rely on their reputation to close deals, so there is little incentive to scam people.

That being said, as with any industry, there are bad apples. If a "cash buyer" approaches you, check that they have an established web presence and customer reviews before giving them your personal information.

Also read all the fine print on any contract they present. Look up words or terms you don't understand. And never assume the contract says what you agreed to verbally.

Most importantly, look at the contract's contingencies. These are the conditions that allow the buyer to back out of the sale or change terms. Unless you understand the contingencies, you could be taken advantage of.

Additional resources for home sellers in Vermont

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