A seller who needs to relocate all of a sudden or whose home requires serious TLC may be weighing the possibility of contacting a house-buying company. Because these companies typically buy homes “as is” and have the reserves to pay all cash, they can help sellers move quickly and with a lot less hassle than they’d likely experience when listing.
Here we take a look at the top house-buying companies nationwide and details about each, including where they operate and how they’ve been reviewed by past customers.
John Medina Buys Houses
Founded in 2018, HomeGo provides cash offers to homeowners in three easy steps. First, a representative of the company will conduct a 30-minute home walkthrough. Next, HomeGo says it will provide a firm cash offer on the spot. home then can help sellers close in as little as seven days and offer them the flexibility to move when they want. home may be a younger company than some others on the list, but it is highly active. HomeGo’s website states that the company buys a home every 20 minutes.
Locations: HomeGo is a national company with over 30 offices from coast to coast. View a full list of the company’s current locations.
Fees: No closing costs, HomeGo covers them.
Reviews: HomeGo has an A+ rating with the BBB and has received an average of 4.12 out of 5 stays. Customer reviews note that HomeGo representatives were “courteous, professional, and available throughout the process.” They say price negotiations were fair, and that the contract terms were simple to understand. A few reviews mention that the offer price they received from HomeGo was fair or higher than expected.
In today’s sizzling seller’s market, it only takes an average of 19 days for houses to get an offer. While that’s fast, sellers still need to consider another 52 days for mortgage processing and approval if they’re working with a financed buyer. Selling to a house-buying company by contrast typically allows for a much faster process with a lot less hassle, though you aren’t likely to get as much for your home.
If you’re intrigued by the idea that a house-buying company could offer to buy your house tomorrow but are a little skeptical about whether you’d be happy with the outcome, you can connect with any one of the above-mentioned top cash home buyers. These are trusted, legitimate “we buy homes” companies that can be trusted with a cash home deal. If you are looking to sell a house in the California region, John Medina Buys Homes is among the best cash home buyers operating in the area and you can visit their website here to get a quote on your house today!
We Buy Houses
Since 1997, We Buy Houses has been helping homeowners sell homes in any condition fast and for cash. Not to be confused with We Buy Ugly Houses, the We Buy Houses brand is not a franchise business. It is a marketing program provided to professional real estate investors that already have “established processes for buying and selling real estate,” according to an informational page on the company’s website. The company says that it is trusted by over 1 million homeowners.
Keep in mind that “We Buy Houses” is no longer a trademarked term; so not every company you see using “We Buy Houses” in their name or marketing is going to be associated with the WeBuyHouses.com brand we’re describing here. Make sure you’re aware of who you’re working with and don’t assume “We Buy Houses” to be the only indicator of a company’s legitimacy.
Locations: The company has local offices throughout the country and buys homes for cash throughout the U.S. You can enter your ZIP code on the website to see information about your local We Buy Houses office as well as the name and contact information of the main local representative.
Fees: Sellers pay no closing costs; We Buy Houses covers them.
Reviews: WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating. Customer reviews for We Buy Houses vary among local offices, so it’s important to do your own research and see what people have to say about working with the location nearest you. You can find these reviews through the BBB website or you may check to see if your local WeBuyHouses.com office has a Facebook page with reviews as well.
Established in 2003, Express Homebuyers makes all-cash offers for homes in many states throughout the nation with an emphasis on Washington, D.C., Baltimore, and Virginia. The company prides itself on having swift operations — it says it will make you an offer over the phone within seven minutes and buy your home within seven days, according to the company’s “About Us” page.
If a seller accepts an offer from Express Homebuyers and the title is cleared (a process that can often be completed in as few as 24 hours with this company), the operation will forward a cash advance of $2,500 on the selling price, which is nice for sellers who need the extra cash right away.
Locations: Based in Springfield, Virginia, Express Homebuyers identifies 28 states as “top states” where it operates. The company’s “About Us” page emphasizes being active in the Washington, D.C., metro area as well as the Virginia and Baltimore regions.
Fees: No closing costs, Express Homebuyers covers them.
Reviews: Express Homebuyers has been BBB accredited since 2004 and has an A+ BBB rating. Customer reviews are largely positive with an overall rating of 4.82 out of 5 stars on BBB. Reviewers speak to a “quick and efficient” selling process navigated with the help of professional company representatives. They also praise the company’s level of flexibility and several mentions being satisfied with the “fair price” they arrive at when working with Express Homebuyers.