So you want to sell your house for cash but don’t want the hassle of looking for clients yourself? Why not sell it to companies that buy houses for cash?
It seems too good to be true, but there are indeed companies that will buy your house and pay you in full.
Selling can be one of the most stressful tasks to take on when you consider all the time, effort, money, and processes it takes.
This is the major reason why most people who are trying to sell their house opt for a cash offer. It takes away some of the stress involved by eliminating the need for financing.
So why not kick it up a notch and sell your house to a company that buys houses for cash? It eliminates the stress of processing mortgages or other financing options, as well as the need to look for clients to buy your property.
However, there is still one problem. How do you decide which company to sell to? A good place to start your search will be our list of the top companies that buy houses for cash.
What Type Of Companies Buy Houses For Cash?
Typically, there are two types of companies that buy houses for cash.
These types of companies buy houses as they are, even if they need significant repairs or renovations, though the degree of repairs may vary depending on the company’s preference.
The two companies are; real estate investment companies and home-buying companies.
1. Real Estate Investment Companies
These types of companies mainly buy properties for investment purposes, such as rental properties or fixing and flipping houses.
They typically buy houses for cash and keep them as long-term investments, to earn income through rental income, appreciation, or both.
These types of companies implement different investment strategies, such as fix-and-flip, buy-and-hold, or value-add.
Real estate investment companies may focus on various types of properties, such as single-family homes, multi-family units, commercial properties, or land.
2. Home-Buying Companies
Home-buying companies are companies that buy houses for cash regardless of the condition of the property or the reason for selling.
They offer a quick and easy way to sell a home, often with no need for repairs or renovations, and can provide a cash offer for the property.
They handle the entire process of selling a home, from initial inspection to closing, and often close on the sale within a week.
These companies may also offer additional services, such as assistance with paperwork and closing costs, which can make the selling process easier and less stressful for homeowners.
iBuyers and trade-in companies fall under this category. iBuyers are companies that buy houses instantly.
The company’s algorithm generates an offer that seems suitable for the property, and it’s left for you to either accept or reject.
On the other hand, trade-in companies help you buy a new house while your old one is on the market.
Real Estate Investment Companies That Buy Houses For Cash
1. HomeVestors
HomeVestors was founded in 1989 and is headquartered in Dallas, Texas. It is a real estate investment company that buys houses for cash.
The company is best known for its “We Buy Ugly Houses” brand and its network of franchisees, who buy homes directly from homeowners for cash.
They don’t really mean ugly in the physical sense, they buy distressed properties that need significant repairs or renovations, often at a discounted price, and then renovate them for resale or rental.
2. HomeGo
HomeGo is a real estate company that provides a simple and easy way for homeowners to sell their homes quickly.
They buy houses for cash with the major aim of simplifying the home-selling process and helping homeowners avoid the stress and uncertainty that can come with traditional home sales.
3. MarketPro Homebuyers
MarketPro Homebuyers is a real estate investment and home-buying company based in Baltimore, Maryland.
It was founded in 2006 and has since grown to become one of the leading home-buying companies in the country.
They buy houses for cash directly from the homeowners, thereby providing a fast and hassle-free way for people to sell their homes.
They purchase homes in any condition and give a fair and competitive cash offer within 24 hours of viewing the property.
They also handle all closing costs and paperwork, offer flexible closing dates, and can close on a property in as little as seven days.
4. Colony Capital
Colony Capital is a global investment company that buys houses for cash. It was founded in 1991 and has its headquarters in Los Angeles, California.
The company has grown to become one of the leading alternative asset managers in the world, with a focus on real estate and digital infrastructure investments.
Colony Capital has a real estate investment arm that buys distressed properties, including those that are in foreclosure or bankruptcy.
They also invest in commercial real estate, including office buildings, hotels, and industrial properties.
5. We Buy Houses
We Buy Houses is a nationwide home-buying company that buys houses for cash directly from homeowners.
The company was founded in 1996 and has since grown to become one of the largest and most recognized home-buying companies in the United States.
They have over 200 real estate investment offices around the country.
We Buy Houses purchases homes in any condition, regardless of the reason for selling.
They can make a cash offer on a property within 24 hours of viewing it and can often close on the sale within a week, providing homeowners with a fast and convenient way to sell their homes.
6. Sundae
Sundae is a real estate agency that buys houses for cash. They operate in several markets in the United States, including California, Texas, Colorado, and Florida.
Sundae provides homeowners with a fast and easy way to sell their homes. They basically help homeowners who are facing difficult circumstances or financial challenges, such as foreclosure, divorce, or the inheritance of an unwanted property.
The company works with homeowners to understand their unique situations and come up with personalized solutions that meet their needs.
7. Express Homebuyers
Express Homebuyers is a real estate investment company based in Springfield, Virginia, that buys houses for cash directly from homeowners.
The company was founded in 2003 and operates in several markets across the Eastern United States, including Virginia, Maryland, Washington, D.C., and Florida.
The company provides a fair cash offer for a property within 24 hours of a property evaluation, and homeowners can choose to accept or decline the offer.
If the offer is accepted, Express Homebuyers can close the sale in as little as seven days, providing the homeowner with a fast and certain sale.
8. Flyhomes
Flyhomes is a real estate company that helps buyers purchase homes in competitive markets.
They do not directly buy houses for cash, they provide a range of services, including mortgage brokers, and cash offers, to help buyers secure their dream home.
They are headquartered in Seattle, Washington, and operate in several major cities across the United States.
Flyhomes offers several unique features that set them apart from traditional real estate companies.
Also read: 20 Stunning Reasons To Build A Home In Florida
One of their most popular offerings is their Cash Offer program, which allows buyers to make all-cash offers on homes they are interested in.
This can be especially beneficial in highly competitive markets, where all-cash offers are often more attractive to sellers.
9. House Heroes
House Heroes is a real estate investment company that buys houses for cash. They are based in Florida but serve several markets across the state.
The company buys distressed properties, offering solutions for homeowners facing difficult financial situations, and providing a hassle-free and streamlined selling process.
House Heroes buy houses in any condition, regardless of the reason for selling, and can handle all the paperwork and closing costs involved in the transaction.
They offer a simple and straightforward process for selling properties, with cash offers within 24 hours of a homeowner’s inquiry and the potential for a closing within seven days.
10. Fast Home Offer
Fast Home Offer is a real estate investment company that operates in several states across the United States, including California, Arizona, Texas, and Florida.
They buy houses for cash from homeowners, regardless of the condition or reason for sale. Most of the homes they buy are distressed properties or houses facing foreclosure.
Fast Home Offer offers a quick and simple selling process. Homeowners who are interested in selling their property to Fast Home Offer can submit their information online or call the company’s toll-free number to receive a cash offer within 24 hours.
If the homeowner accepts the offer, the company can typically close the sale within seven days, with no need for repairs or upgrades to the property.
Home Buying Companies That Buy Houses For Cash
11. Offerpad
Offerpad is a real estate company that streamlines the process of selling houses for homeowners.
They buy houses in cash, regardless of the property’s condition.
They provide a way for homeowners to sell their properties quickly and easily without the need for repairs, renovations, or staging.
Offerpad’s approach to buying and selling properties is based on technology and innovation. They use proprietary algorithms to determine fair market values for properties and provide homeowners with cash offers within 24 hours of receiving property information.
12. Opendoor
Opendoor offers homeowners a convenient and hassle-free home-selling experience, with quick cash offers and a streamlined closing process.
It is a real estate technology company that buys houses for cash. They operate in several markets across the United States.
If you are considering selling your house to Opendoor, you can visit the company’s website and provide information about the home you’re trying to sell, including its address, size, and condition.
Opendoor uses this information to determine a fair cash offer for the property, which is typically within a few percentage points of the home’s market value.
If the offer is accepted, they can schedule a closing date, which can take as little as 14 days.
13. HomeLight
HomeLight is a real estate technology company that helps homeowners find professional real estate agents to help them sell or buy houses for cash.
HomeLight was founded in 2012 and is headquartered in San Francisco, California.
HomeLight has expanded its services to include cash offers for home sellers through its HomeLight Cash Close program.
This program allows homeowners to receive a competitive cash offer on their home, with the option to close the sale in as little as 10 days.
14. RedfinNow
RedfinNow is a subsidiary of Redfin Corporation, a technology-powered real estate brokerage company that operates in over 90 markets across the United States.
RedfinNow is a trade-in house-buying company that buys houses for cash directly from homeowners and resells them on the open market.
They provide homeowners with a fast and convenient home-selling experience. To sell your house to RedfinNow, all you have to do is submit your information online.
You will typically receive a preliminary offer within 48 hours, and an in-person evaluation of your home is then scheduled.
After the evaluation, RedfinNow provides a final cash offer, which the homeowner can accept or decline.
15. Zillow Offers
There is a program created by the popular real estate website Zillow that buys houses for cash directly from the homeowner, with the aim of making the home-selling process quicker and more streamlined.
Zillow Offers is currently available in over 25 markets across the United States, including major cities such as Atlanta, Dallas, and Los Angeles.
By selling directly to Zillow, homeowners can avoid many of the challenges associated with a traditional home sale, such as finding a real estate agent, staging the home, and dealing with multiple offers.
Zillow also provides a flexible closing timeline, allowing homeowners to choose the closing date that works best for them.
16. HomeLight
HomeLight’s Simple Sale program and Cash Close program offer a streamlined home selling process for homeowners who want to sell their homes quickly and easily, without the need for repairs, showings, or open houses.
They buy houses for cash from homeowners who wish to sell their homes as quickly as possible.
HomeLight’s services are available in more than 40 U.S. states, and the company has helped thousands of homebuyers and sellers navigate the real estate process.
17. Orchard
Orchard is a real estate technology company that aims to simplify the home buying and selling process.
They provide an online platform that allows homeowners to sell their homes quickly and easily, while also providing buyers with a more transparent and efficient home-buying experience.
Orchard buys houses for cash directly from homeowners, providing a quick and easy sale with a guaranteed closing date.
They then prepare the home for sale, including making any necessary repairs and updates, and list it on the open market.
Orchard’s platform also provides buyers with the ability to search for homes, make offers, and complete the purchase process entirely online.
18. Knock
Knock is a real estate technology company that offers a home trade-in program that allows homeowners to buy their new homes before selling their old ones.
With Knock, homeowners receive a mortgage pre-approval for their new home, and Knock buys their old home with an all-cash offer.
Also read: Top 20 Real Estate Marketing Ideas To Increase Sale In 2023
This enables homeowners to purchase a new home without having to worry about the hassle and uncertainty of selling their old home first.
This provides homeowners with the flexibility and convenience of moving into their new home before selling their old one, without having to worry about the traditional home selling process.
19. Homeward
Homeward is a real estate technology company that was founded in 2018 and is based in Austin, Texas.
The company provides a trade-in program for homeowners who want to purchase a new home before selling their current one.
Homeward provides homeowners with a cash offer on their current home, allowing them to purchase a new home without the need for a traditional home sale.
The company also offers bridge loans to help homeowners purchase a new home before selling their current one.
Homeward is available in select markets across the United States, including Austin, Dallas, and Houston in Texas, as well as Denver, Colorado.
The company is growing rapidly and plans to expand into new markets in the coming years.
20. Perch
Perch is a real estate company in the United States that offers a unique trade-in program for homeowners who want to purchase a new home before selling their current one.
Perch’s trade-in program works just like other trade-in companies’. The homeowners are required to provide information about their current home and the new home they want to purchase.
Also read: Cash Offer In Real Estate: Meaning, Pros, Cons, and How To Get
Perch provides a cash offer on the current home, which the homeowner can choose to accept or reject.
If the offer is accepted, Perch purchases the current home from the homeowner, and the homeowner can use the cash to make a non-contingent offer on the new home. Perch then sells the current home on the open market.
Conclusion
In conclusion, there are several benefits to selling your house to a company, including speed, convenience, certainty, and flexibility.
However, it’s important to carefully choose a reputable company with a track record of fair and transparent dealings. Our list of companies that buy houses for cash is definitely a good and reliable place to start your search.
