We Buy Houses Butler: Top 4 Companies
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Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
Selling your home in Butler can be difficult, especially if your property needs repairs and you’re short on time. We Buy Houses companies in Butler specialize in making all-cash offers for homes in any condition, allowing you to quickly avoid the hassle of repairs and get the cash you need.
Whether you’re facing a sudden need to relocate for employment or an unexpected inheritance, a cash sale is the solution you’re looking for. Without the need to list your home on the market or spend on costly repairs, you can sell your house and close the deal faster.
In this post, we’ll cover the pros and cons of selling to a cash-for-homes company in Butler, helping you make an informed decision based on your needs.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Butler area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Butler
If you want to sell your Butler home quickly, house-buying companies offer a straightforward and fast solution. Here’s how the process typically works when selling your house to a cash-for-homes company in Butler.
1. Reach out: Contact a house-buying company to express interest in selling your home.
2. Share your property details: Provide the company with basic information about your home, such as its condition, size, and location.
3. Schedule a home assessment: The company will set up a time to evaluate your property, either in person or virtually.
4. Receive a cash offer: After assessing your home, the company will make a take-it-or-leave-it cash offer.
5. Sign the agreement: If you accept the offer, you’ll sign the purchase agreement to finalize the deal.
6. Close and get paid: The company will handle the closing process, and you’ll receive your cash payment, typically within days.
Popular We Buy Houses for Cash companies in Butler
If the process of selling to a house-buying company in Butler sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ Brick Ranch or Victorian. By selling to one of these companies, you should be able to sell your Butler home in as little as a week or two.
717 Home Buyers, Butler
717 Home Buyers is a family-owned real estate solutions company in Lancaster, Pennsylvania. Contact them and fill out a brief property information form, and they’ll provide an all-cash offer for your house within 24 hours.
Locations: throughout Pennsylvania, including Butler
Closing costs: Sellers pay no closing costs; 717 Home Buyers cover them.
717 Home Buyers has been BBB-accredited since 2021 with an A+ rating and a 4.13/5-star rating. Customers value their professionalism and clear, timely communication. They also hold a 4.7-star rating on Google from over 70 reviews.
Website: 717homebuyers.com/sell-your-house/butler
Phone number: 717-639-2164
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Butler (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 U.S. 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 Butler.
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 Butler
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
We Buy Houses, Butler
WeBuyHouses.com was founded in 1997 and buys houses in 200 markets and 30 states in any condition. According to their website, they have been trusted by 1 million homeowners and can present a cash offer even if the homeowner is behind on their mortgage or facing foreclosure.
Locations: Nationwide, including Butler
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating. Customer reviews for WeBuyHouses.com speak to their professionalism and understandable procedure.
Website: webuyhouses.com/PA/Butler
Phone number: 877-932-8946
Recommended Home Buyers, Butler
Recommended Home Buyers, led by founder Ben Gold, is a local cash home buyer in Philadelphia. They specialize in quickly buying houses for cash in Philadelphia, PA.
Locations: Philadelphia and nearby areas including Butler
Closing costs: Sellers pay no closing costs; Recommended Home Buyers] covers them.
Recommended Home Buyers has a 5.0-star Google rating from 30 reviews. A recent client commended Ben Gold for making the process easy and professional, calling him the best and highlighting the company’s honesty and straightforwardness. The client valued the company’s integrity and felt well-supported throughout the process, appreciating their commitment to going above and beyond.
Website: recommendedhomebuyers.com/we-buy-houses-in-butler-pa
Phone number: 267-946-0750
Why sell your Butler house for cash?
There are plenty of valid reasons a Butler home seller may choose to work with a Cash-For-Homes company. Speed, certainty of sale, and convenience are some of the primary reasons.
In Butler, it typically takes around 85 days to sell a home on the market using an agent. That includes an average of 42 days on the market plus the typical 43 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 Butler, 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.
Selling your Butler home for cash could be a fitting solution if you need a quick and uncomplicated sale. House-buying companies offer speed and convenience by purchasing homes in any condition. Here are some common scenarios where selling for cash might be the right option for you.
- Job relocation: You’re moving for a new job and need to sell your house quickly to avoid managing a long-distance property.
- Divorce: You’re going through a divorce and want to sell your home quickly to expedite the process and move forward.
- Inherited property: You’ve inherited a house you don’t want to manage and prefer to sell it without dealing with repairs or updates.
- Downsizing: You’re downsizing and want to sell your current home quickly so you can move to a smaller, more manageable space.
- Major repairs needed: Your house requires expensive repairs, but you don’t have the time, money, or expertise to fix it up.
- Avoiding open houses: You prefer to skip the hassle of open houses and showings, selling directly to a buyer instead.
- Foundation issues: Your home has foundation problems that are difficult and costly to fix, making a cash sale appealing.
- Facing foreclosure: You’re at risk of foreclosure and want to sell your home quickly to avoid further financial issues.
- Tenant complications: Your rental property has problematic tenants, and you’re ready to sell without the headaches of managing the property.
- Selling from out of state: You live out of state and need a quick, hands-off sale to avoid traveling back and forth.
Pros and cons of house-buying companies in Butler
Selling your Butler home to a house-buying company offers several advantages, particularly when you need to sell quickly and want to avoid repairs or extensive preparations. Below, we summarize the key benefits of working with these companies:
Pros of house-buying companies in Butler
- Fast sale: House-buying companies can close deals quickly, often in as little as seven days, which is ideal if you need to sell your home fast.
- As-is sale: You can sell your house as-is, without making any repairs or updates, saving you time and money.
- No contingencies: Cash sales typically come with no contingencies, meaning fewer hurdles and a smoother transaction.
- Skip listing prep: You won’t need to clean, stage, or prepare your home for listing, as the buyer will purchase it in any condition.
While house-buying companies provide speed and convenience, the biggest drawback is that they will likely offer you less than market value. Here’s a closer look at the potential downsides of selling your Butler home for cash.
Cons of house-buying companies in Butler
- Lower offer: Expect an offer that’s significantly below your home’s market value, as house-buying companies prioritize quick purchases over competitive pricing.
- Limited buyer pool: Selling to a house-buying company means you’re missing out on potential buyers who might be willing to pay more for your home.
- Potential for scams: Be cautious when choosing a buyer to avoid falling victim to scams from less reputable companies.
- No room for negotiation: Cash-for-homes companies typically make take-it-or-leave-it offers, leaving you with little opportunity to negotiate a better price.
Now that you’ve seen the pros and cons, it’s important to vet cash buyers and know your home’s worth before moving forward with a sale to ensure you’re getting a fair deal.
Vet cash buyers and know your home’s worth
When selling your home to a house-buying company in Butler, the level of integrity and service can vary. Here are some important steps to take before committing to a cash offer:
- Vet the company: Do your research—check online reviews, read testimonials, and verify the company’s reputation in the market.
- Look for red flags: Be wary of companies that have negative reviews or no established presence.
- Check credentials: Confirm the company is legitimate by reviewing their business history, licensing, and past performance.
- Read the buying agreement: Make sure you read the agreement carefully, paying attention to any fees, conditions, or contingencies.
- Know your home’s worth: Before accepting an offer, make sure you have a clear understanding of your home’s market value.
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 your cash offer. HomeLight can connect you with a top-performing agent in your market. 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 Butler home quickly
iBuyers
iBuyers, or instant buyers, offer a fast, mostly online sale process. Using automated valuation models, they provide all-cash offers for homes in good condition. Closing typically occurs in days to two weeks. However, iBuyers like Opendoor and Offerpad charge service fees around 5%-6%, which may affect your bottom line. Learn more about the iBuyer process.
Listing with an agent
Though it may seem surprising in a quick-sale discussion, listing with a top real estate agent can lead to a faster sale than expected, especially in a hot market. Agents provide valuable insights, including a comparative market analysis, often free, to help set a strategic price. Plus, they may connect you with cash buyers. HomeLight can connect you with top agents who excel in your area.
FAQs on Butler house-buying companies
By and large, most We Buy Houses for Cash companies in Butler 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 Butler We Buy Houses for Cash 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 Butler Victorian could sell for $211,630 after repairs, but it will need $30,000 of work to get there.
($211,630 x .70) – $30,000 = $118,141
In this example, a Butler We Buy Houses company might offer you around $118,141 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 Butler We Buy Houses for Cash company, 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 for Cash 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 your Butler area. 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 for Cash in Butler vs. top Butler agent
Another helpful exercise is to compare how a We Buy Houses for Cash 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 for Cash company in Butler | Sell with a top Realtor in Butler |
Selling timeline | 7 to 30 days | 85 days average; 42 to attract an offer, 43 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 | 3%-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 for Cash company and an agent-assisted sale.
Let’s say your home in Butler is worth about $211,600 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $236,600.
Sell to a We Buy Houses for Cash company in Butler | Sell with a top Realtor in Butler | |
Estimated sale price | ($236,600 x .70) – $25,000 = $140,620 | $211,600 |
Market preparations | 0 | $2,116 (1% of sale price) |
Agent commissions | 0 | $6,348 (3%) |
Closing costs | 0 | $3,174 (1.5%) |
Estimated take-home for seller | $140,620 | $199,962 |
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
- Quick sales: Cash-for-homes companies offer fast closings, often within days, making them ideal for sellers in urgent situations.
- As-is offers: These companies purchase homes in any condition, so you can avoid costly repairs and preparations.
- Lower offers: Expect offers to be below market value since these companies prioritize convenience and speed over competitive pricing.
- Minimal hassles: You won’t need to stage your home, hold open houses, or deal with contingencies when selling to a cash buyer.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Butler agent.
Header Image Source: (Curtis Adams/ Pexels)