9 Top Cash House Buying Companies
Companies that Buy Houses for Cash
Companies that buy houses for cash offer a convenient and fast way to sell your home without the need to list it on the market, stage it for showings, or wait for a buyer to secure financing. Getting a cash offer from one of these companies that buy houses as-is can be useful in a number of scenarios, whether you’re in debt or going through a divorce.
A cash buyer can also assist if you can’t afford to make repairs or are helping a family member who needs to move quickly due to a change in health or other circumstances.
In recent years, technology has made it easier to find cash offers from the best house buying companies. For example, HomeLight’s Simple Sale platform helps you sift through your many options by providing you with the strongest offer from our extensive network of cash buyers across the country.
Sell Your House Fast With an All-Cash Offer
Get an all-cash, no-obligation offer in 24 hours through HomeLight’s Simple Sale. Close in as little as 7 days with no commissions or repairs. You can also request an estimate from a top agent to compare your options.
Selling a house is a big deal, and starting the process can be overwhelming. When working with a house buying company, you’re typically going to receive less for your home than you would with a traditional buyer. On the flip side, many (but not all) cash offer companies will cover a seller’s closing fees.
To help you get started, let’s take a closer look at who pays cash for houses, how the process of selling a house for cash works, and the pros and cons of using top cash home buyers. Then, you can make a truly informed decision on whether to sell your house for cash and who to request an offer from.
Companies that Buy Houses for Cash Today
HomeVestors / We Buy Ugly Houses®
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Part of HomeVestors of America, We Buy Ugly Houses is the largest professional house buying franchise in the U.S. Since its launch in 1996, the company has purchased over 150,000 homes. It specializes in buying distressed properties for cash, enabling sellers in precarious situations to close in as few as three weeks.
- Locations: Available in 46 states through 900+ independently owned and operated franchises.
- Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.
Simple Sale (a HomeLight platform)
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- Reviews
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Simple Sale allows sellers across the country to request a cash offer for homes in almost any condition. This platform has a network of cash buyers, providing cash offers for various properties, including those needing work.
- Locations: Available throughout most of the nation.
- Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.
We Buy Houses
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Since 1997, We Buy Houses has been helping homeowners quickly sell homes in any condition for cash.
- Locations: Serves over 200 markets in more than 30 states.
- Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
Express Homebuyers
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Having purchased and sold over 5,000 homes since 2003, Express Homebuyers expanded from Maryland, Virginia, and D.C. to many states throughout the nation.
- Locations: Focus on 19 states plus Washington, D.C.
- Closing costs: No closing costs; Express Homebuyers covers them.
HomeGo
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Founded in 2018, HomeGo provides cash offers and conducts a 30-minute walkthrough before providing a firm cash offer.
- Locations: HomeGo currently buys homes in 21 states.
- Closing costs: No closing costs; HomeGo covers them.
MarketPro Homebuyers
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Founded in 2012, MarketPro Homebuyers serves the Mid-Atlantic region with full clean-out service and transparent cash offers.
- Locations: Over 25 counties throughout Virginia, Maryland, Pennsylvania, Washington, D.C., Georgia, and Florida.
- Closing costs: No closing costs; MarketPro Homebuyers covers them.
Sundae
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Sundae connects homeowners selling distressed properties with local investors who want to buy them.
- Locations: Based in San Francisco, Sundae serves 6 states.
- Closing costs: None; sellers can sell as-is and pay zero fees.
iBuyer Companies
Opendoor
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Opendoor is considered the nation’s pioneering iBuying platform, typically buying homes in the range of $100,000 – $600,000, but may offer more depending on the market.
- Locations: Serves markets across 48 states.
- Closing costs: Varies based on service fee.
Offerpad
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Offerpad is one of the largest iBuyers along with Opendoor, providing cash offers within 24 hours.
- Locations: Operates in 9 states.
- Closing costs: 5% service fee and estimates closing costs at 1%.
A Quick Comparison
| Company Details | Fees and Service Locations | Reviews | Pros and Cons |
|---|---|---|---|
| HomeVestors / We Buy Ugly Houses® | Fees: No closing costs. Available in 46 states. | BBB: Accredited. 1.25/5 stars. | Pros: Specializes in distressed properties, closes quickly. Cons: Low customer rating. |
| Simple Sale (HomeLight platform) | Fees: No prep costs, commissions. Available in most states. | BBB: Accredited. 2.27/5 stars. | Pros: All-cash offer within 24 hours. Cons: Investor fees may vary. |
| We Buy Houses | Fees: No closing costs. Over 200 markets in 30+ states. | BBB: A+ Rating. | Pros: No-obligation cash offer. Cons: Verification of local licensee necessary. |
| Express Homebuyers | Fees: No closing costs. Focus on 19 states. | BBB: Accredited. 4.2/5 stars. | Pros: Offers cash advances. Cons: Legal issue regarding misleading mail. |
| HomeGo | Fees: No closing costs. 21 states. | BBB: A+ rating. 1.67/5 stars. | Pros: Quick cash offer, flexible move-out. Cons: Low customer ratings. |
| MarketPro Homebuyers | Fees: No closing costs. Over 25 counties. | BBB: Accredited. 4.39/5 stars. | Pros: Provides packing assistance. Cons: Limited service area. |
| Sundae | Fees: None. | BBB: Accredited. 4.32/5 stars. | Pros: Marketplace connecting sellers to investors. Cons: Limited service areas. |
| Opendoor (iBuyer) | Fees: Service fee percentage varies. | BBB: A+ rating. 1.45/5 stars. | Pros: Easy online process. Cons: May lower final offer. |
| Offerpad (iBuyer) | Fees: 5% service fee; estimates closing costs at 1%. | BBB: A+ rating. 1.87/5 stars. | Pros: Quick cash offer. Cons: High service fee. |
Why Sell to a Company that Buys Homes for Cash?
“Selling to a cash buyer is a huge time saver,” says a real estate investor. With work and family obligations, you might not have the time for needed renovations before listing your home, so working with a company that buys houses is a viable alternative.
Final Thoughts on Companies that Buy Houses for Cash
Selling to a house buying company typically results in a much faster process with a lot less hassle, although you aren’t likely to get top dollar for your home. It’s all about weighing the trade-offs and determining what’s best for your situation.