4 of the Top We Buy Houses for Cash Companies in Asheville
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Kelsey Morrison Former HomeLight EditorCloseKelsey Morrison Former HomeLight Editor
Kelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
Facing an unexpected job relocation? Inherited a house you don’t wish to keep? “We Buy Houses” companies in Asheville offer homesowners a fast way to sell and move on. While a traditional listing can take months to go from “active” to “pending,” closing on a sale to a cash buyer can take just a few days to a couple of weeks.
Partnering with a cash-for-homes company can also be an effective way to sell a house in need of significant repairs, like a roof replacement or foundation issues. If you lack the time, money, or expertise to get the house ready for sale, a “We Buy Houses” company will purchase your property in its current condition. The downside to this arrangement is that they tend to present offers that are below market value. This means you might leave money on the table compared to selling through a real estate agent on the open market.
In this article, we’ll break down the pros and cons of selling to a “We Buy Houses” company in Asheville. We’ll highlight some of the most credible cash buyers serving Western North Carolina, and share alternative methods for a quick home sale. Armed with this knowledge, you’ll be able to make a decision that best aligns with your situation and selling goals.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Asheville area “We Buy Houses” companies should not be considered an endorsement.
Working with We Buy Houses companies in Asheville
If you need to sell your Asheville house fast and easily, consider going with a house-buying company. They’ll purchase your property in as-is condition, and close the sale in a matter of days or weeks. Here’s an overview of the usual steps involved:
1. Research companies: Start by looking into reputable house-buying companies in Asheville. Check their credibility, customer reviews, and track record to ensure you’re dealing with a trustworthy cash buyer.
2. Initial contact: Reach out to the company to express your interest in selling. You’ll typically fill out a form on their website or call them directly.
3. Home evaluation: The company will arrange a time to view your home. During this visit, they’ll assess the condition of your property to determine their offer.
4. Receive offer: After the evaluation, the company will make an all-cash offer. Most offers from these companies are final and are presented with a take-it-or-leave-it approach.
5. Accept and close: If you accept the offer, you can move forward with the closing process. You could receive your cash in as little as a week if the title is clear.
6. Handle paperwork: The company usually handles all the necessary paperwork, making the process as smooth as possible for you. You’ll typically receive the funds within 24 hours of closing via check or wire transfer.
Popular We Buy Houses companies in Asheville
Sold on the idea of a quick sale through a house-buying company in Asheville? Now it’s time to find a reliable one.
We’ve compiled a list of some of the top companies that will pay cash for your or your parents’ ranch-style or Cape Cod-style home. By selling to one of these companies, you should be able to sell your Asheville home in as little as a week or two.
Asheville Cash Buyers
Asheville Cash Buyers is a locally-owned real estate solutions company based in Asheville. The founder, Rodrigo Afanador, has been involved in over 300 real estate transactions in the area. The company buys houses in Asheville and throughout Henderson, Haywood, and Buncombe counties. To get started, fill out the form on their website or give them a call. They’ll set up a time to view your property and present you with a fair cash offer. If you accept, closing can take place in as few as 15 days, or on the date of your choosing. Asheville Cash Buyers buys houses in any condition, and doesn’t charge any fees or commissions.
Locations: Asheville and anywhere in Henderson, Haywood, or Buncombe counties
Closing costs: Sellers pay no closing costs; Asheville Cash Buyers covers them.
Asheville Cash Buyers has been accredited by the Better Business Bureau (BBB) since 2020 and holds an A+ rating. They also have a Google review rating of 4.9 stars. The company has received high praise for its efficient, professional, and straightforward service. “We could not have had a better experience selling our home,” reads a recent review. “Rodrigo was informative, professional, and was able to come through on time! They gave us a fair price immediately on a home that was not in their usual service area.”
Website: ashevillecashbuyers.com
Phone number: 828-672-3250
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Asheville (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the US. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Asheville.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Asheville
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
Dependable House Buyer
Dependable House Buyer, located in Asheville, is a family-owned business that’s been around since 2017. They buy houses in any condition, at any price, in Asheville and throughout Buncombe County. Dependable House Buyer can present you with a fair cash offer within 24 hours, and close the deal in as little as seven days, or whenever works for you. They can make you an even stronger offer if you’re willing to accept a monthly payment on the house, or want the company to take over payments on your existing mortgage.
Locations: Asheville and anywhere in Buncombe County
Closing costs: Sellers pay no closing costs; Dependable House Buyer covers them.
Dependable House Buyer has been BBB-accredited since 2018 and boasts an A+ rating. They also have a 5-star rating on Google based on a limited number of reviews. Previous sellers have highlighted the team’s willingness to solve problems, consistent communication, and dependability. “When they say they have cash and make the process convenient and easy — they mean it,” wrote one reviewer. “I highly recommend Chris to anyone who wants a hassle-free cash sale for their property at a good price.”
Website: dependablehousebuyer.com
Phone number: 828-713-3322
NC Cash Home Buyers
NC Cash Home Buyers purchases real estate throughout North Carolina, including houses, condos, townhomes, duplexes, land, and mobile homes. The company is based in Cary and owned and operated by a husband and wife team. They buy properties no matter the condition or situation. You can request a competitive cash offer by filling out the form on their website, giving them a call, or sending them a text. If you’ve received another offer from a “We Buy Houses” company, they promise to outmatch it. Closing can take place in as little as 72 hours, and the service is entirely free for sellers.
Locations: Statewide, including Asheville
Closing costs: Sellers pay no closing costs; NC Cash Home Buyers covers them.
NC Cash Home Buyers does not appear to be BBB-accredited but they do have a 4.7-star rating on Google. Previous sellers commend owner Alex for his transparency, compassion, and non-pushy attitude. “NC Cash Home Buyers were honest, fair and good for their word,” wrote a client. “They went out of their way to make things easy for us. The process was very smooth and we ended up closing sooner than expected!”
Website: nccashhomebuyers.com
Phone: 919-283-5585
Why sell your Asheville house for cash?
Choosing to sell your Asheville home for cash can be a strategic decision, especially if you are facing certain challenges that make traditional selling methods less appealing.
In Asheville, it typically takes around 100 days to sell a home on the market using an agent. That includes an average of 58 days on the market plus the typical 42 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Asheville, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
These companies are growing in popularity, especially for sellers who do not have the typically required long weeks or months to prepare, market, and close on a traditional home sale. Here are some common scenarios where turning to a house-buying company might be the right move for you:
- Job relocation: If you need to move quickly for a new job opportunity, selling for cash can fast-track the process.
- Divorce: Dividing assets during a divorce can be streamlined by selling your home for cash, allowing you to settle matters quickly.
- Inherited property: Dealing with inherited property can be complicated and costly. A cash sale simplifies the process.
- Downsizing: Selling your current home for cash can make the transition smoother for those looking to move to a smaller home or retirement community.
- Major repairs needed: If your home requires significant repairs, such as foundational issues, selling for cash can avoid the hassle of renovations.
- Avoid open houses: For those who value privacy or cannot accommodate open houses, selling directly to a cash buyer eliminates this step.
- Foreclosure looming: Selling for cash might prevent foreclosure and protect your financial future.
- Problematic tenants: Cash sales can resolve rental property issues without the need to evict tenants.
- Selling from out of state: Manage the sale of your Asheville home from afar more easily with a straightforward cash transaction.
If you’re a homeowner facing any of the situations outlined above, getting a cash offer from a “We Buy Houses” company in Asheville could be a practical option to explore. But remember, it’s just the first step in finding the best solution for your needs.
Pros and cons of house-buying companies in Asheville
Selling a home in Asheville can be a time-consuming process, especially if repairs or renovations are needed. “We Buy Houses” companies offer an alternative solution for homeowners who prioritize a quick sale and want to avoid the hassle of preparing their property for the market. However, it’s important to understand that these companies typically make cash offers below market value.
Here’s a rundown of the pros and cons of selling to a “We Buy Houses” company in Asheville:
Pros
- Quick closing: Transactions with cash buyers can close in as little as a week, allowing you to move on quickly.
- Buy as-is: No need to spend money on repairs or upgrades; companies buy your home in its current condition.
- No contingencies: Sales rarely fall through due to financing issues or other contingencies, which is common in traditional sales.
- Simplified process: The sales process is straightforward, with less paperwork and no need for open houses or extensive marketing.
Cons
- Below market value: Offers from these companies are often significantly lower than what you might receive on the open market.
- Potential for scams: It’s crucial to vet the company thoroughly, as the industry is susceptible to scams.
- Limited negotiation: The offer you receive is typically non-negotiable, leaving little room to maneuver if you’re unhappy with the terms.
- Perceived lack of control: Some sellers feel out of the loop in the sales process, as the company handles most aspects.
Vet cash buyers and know your home’s worth
When considering a sale to a “We Buy Houses for Cash” company in Asheville, it’s crucial to remember that the integrity and service level can vary greatly depending on who is making the offer. Your experience will largely depend on the character and professionalism of the buyers. Before committing to any cash offer, make sure to thoroughly vet the company.
Check online reviews, read testimonials from previous clients, and research how long they have been operating in the Asheville market. This due diligence ensures you are dealing with a reputable company. Additionally, take your time to carefully read through the buying agreement before signing. Understanding all the terms will help protect your interests during the sale.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare it to your cash offer. HomeLight can connect you with a top-performing agent in Asheville. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Asheville home quickly
iBuyers
iBuyers, or instant buyers, use automated valuation models to make near-instant cash offers on homes, simplifying the sales process through a mostly online platform. The iBuyer process usually concludes in a few days to a couple of weeks. Companies like Opendoor and Offerpad offer competitive prices for homes in good condition, in areas with uniform housing. Be aware, though, that iBuyers often charge service fees of about 5%–6%.
Listing with an agent
While slower than iBuyers, listing your property with an agent could still result in a quick sale, especially if it’s accurately priced and well-marketed. Agents provide significant benefits like a comparative market analysis (CMA), which is often compiled for free, to help determine a competitive listing price. An experienced agent could also leverage their network to find a buyer willing to pay closer to market value for your home. If you’re interested in working with an agent, HomeLight can connect you with two or three top-performing real estate professionals in Asheville.
FAQs on Asheville house-buying companies
By and large, most We Buy Houses for Cash companies in Asheville are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Asheville “We Buy Houses” companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Asheville bungalow could sell for $385,000 after repairs, but it will need $30,000 of work to get there.
($385,000 x .70) – $30,000 = $239,500
In this example, an Asheville “We Buy Houses” company might offer you around $239,500 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a “We Buy Houses” company in Asheville, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because “We Buy Houses” companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
1. Research and vet the house-buying companies that serve Asheville. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Weigh the pros and cons and choose the best option for you.
5. Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses Asheville vs. top Asheville agent
Another helpful exercise is to compare how a “We Buy Houses” company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
Aspect of the sale | Sell to a We Buy Houses company in Asheville | Sell with a top Realtor in Asheville |
Selling timeline | 7 to 30 days | 100 days average; 58 to attract an offer, 42 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
Showings | None | 10 to 25 showings average |
Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-For-Homes companies often handle title issues | Must clear title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 5.8% average |
Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a “We Buy Houses” company and an agent-assisted sale.
Let’s say your home in Asheville is worth about $430,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $455,000.
Sell to a We Buy Houses company in Asheville | Sell with a top Realtor in Asheville | |
Estimated sale price | ($455,000 x .70) – $25,000 = $293,500 | $430,000 |
Market preparations | 0 | $4,300 (1% of sale price) |
Agent commissions | 0 | $24,940 (5.8% of sale price) |
Closing costs | 0 | $6,450 (1.5%) |
Estimated take-home for seller | $293,500 | $394,310 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Selling your home to a “We Buy Houses” company in Asheville is typically faster than the traditional market.
- You can sell your property as-is without the need for repairs or upgrades.
- The sale involves fewer steps and less paperwork, making it less stressful.
- Be prepared to receive offers that may be below market value. It’s important to know your home’s worth to avoid accepting a lowball offer.
- Researching house-buying companies ensures you deal with reputable cash buyers and avoid potential scams.
- HomeLight’s Simple Sale platform provides no-obligation, all-cash offers for homes in any condition in Asheville. With a range of partner investors, it’s an ideal starting point to find potential buyers for your home.
The process of selling your home shouldn’t be rushed — take your time to gather multiple offers from “We Buy Houses” companies that serve the Asheville market. You should also speak to a top Asheville agent to find out how fast, and for how much, your home might sell on the open market. This way, you can compare all your options and make the best choice for your situation. HomeLight can help you find both cash buyers and realtors so you have all the resources you need.
Header Image Source: (sepavone/ Depositphotos)