Home / Everything Else / Top Companies That Buy Properties For Cash

Top Companies That Buy Properties For Cash

Companies that buy properties in cash can help you sell your home fast. They seek cheap investment property listings.   So, they make a near-instant offer, allowing you to close on your timeline. But, there is one low to it – you do not get the entire value of your home. Hence, unless you have to sell your home instantly,   property listings for sale by the owner   can be a better option.

Top Companies That Buy Properties For Cash

You can get a top dollar for your home in the “sale property by owner ”  listing. But that is not the point of this guide. Here, we will discuss a few companies that buy properties for cash. Let us get started and address them one by one.

We Buy Houses
We Buy Houses is one of the top companies that buy properties for cash.   It is a national cash buyer and has 100s of offices located in different parts of the country. Because of its generic name, people usually confuse it with other cash buyers.

They have independently owned offices. Local real estate investors run them and possess absolute control over terms of business operations. Hence, some locations are more reputable than others.

Fast Made Offers
If you are ok with waiting a week, Fast Made Offers can be your go-to pick. It is an international company. They buy properties for cash   and typically complete a sale in nine days. At times, they may even close a deal the same day. Fast Made Offers has global operations. So, you can sell properties abroad via them.

Redfin
It is a full-service real estate brokerage that buys properties for cash. You can list your homes with them for a discounted fee. The company has a RedfinNow iBuyer program, suitable for buyers who wish to sell their properties to Redfin for cash.

Typically, RedfinNow gives you an offer in a day. Once you communicate with the home sales advisor, you have five days to accept or decline the offer. Alternatively, you can also opt for other modes to sell. They conduct a free home inspection for your property. After this, you will receive a final offer reflecting repair costs. RedfinNow’s convenience fee usually starts from 5 percent but can be as high as 13 percent. They let the seller select the move-out date.

Opendoor

Opendoor is one of the largest and the best instant buyers of America in 2022. They buy properties for cash   and offer lucrative cash offers on the house. So, if you seek a fast and straightforward transaction, selling to Opendoor can be a good deal.

Opendoor needs some details from you – your address, a picture of your home, and elementary information like the status and size of the property. You can input these details on the website and get an offer. Opendoor will evaluate your details, and if your property meets their eligibility criteria, they will give you an offer. Feedback from area experts and Opendoor’s proprietary home pricing formula influence the offer price. You can expect to receive an offer from them within 24 hours. Presently, the company is operational in 45 major American markets.

After you receive the offer, Opendoor charges a five percent service fee. In addition, there are some deductions for closing fees and repairs. They have flexible closing times and usually take two weeks. Ideally, Opendoor is best suited for sellers who fall under their covered localities, and their properties need no significant repairs.

Simple Sale

A HomeLight solution, Simple Sale, is an online platform that buys properties for cash.   On Simple Sale, sellers from around the country can request a cash offer for their homes. They have a vast network of cash buyers and partner investors with excellent investment strategies, including buy-and-hold and fix-and-flip. Hence, the company can offer cash for several types of properties, even those that require some or a lot of work. Simple Sale bags you an all-cash offer in as little as 48 hours, and you can close the deal in a maximum of ten days. They are accessible in all American states. They do not charge agent commissions, prep costs, or any added fee. However, individual investor fees apply and are variable.

Express Homebuyers 
Express Homebuyers is one of the oldest nationwide companies that offer cash for your properties. They have a straightforward operation and are indeed very convenient. Their prices comprise the selling fee, and they claim to give you a cash offer in seven minutes. Of course, seven minutes is too little to understand the circumstances or situations under which you intend to sell the house, but they still provide you with a cash offer, which is its USP. You can submit the required property details on their website, and Express Homebuyers will give you a reasonable estimate. Accordingly, you can select a suitable closing date.

As is evident from the list above, there are several national buyers to sell your properties to for cash. Alternatively, you can also sell them to local players in your region. But, it is quintessential to read through online reviews and seek references before selling your property to anyone. Sometimes, individuals give you lucrative offers to buy a home for cash. But when it is time to close the deal, they fail because of insufficient funds. It can unnecessarily elongate the process, especially if you are in a cash-sensitive situation.

Disclaimer:
The content provided on our blog site traverses numerous categories, offering readers valuable and practical information. Readers can use the editorial team’s research and data to gain more insights into their topics of interest. However, they are requested not to treat the articles as conclusive. The website team cannot be held responsible for differences in data or inaccuracies found across other platforms. Please also note that the site might also miss out on various schemes and offers available that the readers may find more beneficial than the ones we cover.