We Buy Houses Fayette County: Top 4 Companies
- Published on
- 15 min read
-
Joseph Gordon EditorClose
Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
Do you need to sell your Fayette County home quickly? We Buy Houses companies in Fayette County make all-cash offers for homes, regardless of the property’s condition, offering a fast and simple option for homeowners who need to sell fast. Whether you’re managing financial stress or an inherited property, these companies can help avoid repairs and delays.
A cash sale skips the hassle of traditional home prep, providing a convenient solution for those who need to sell fast. But is it the right choice for you?
This guide breaks down the pros and cons, compares alternatives, and offers tips to help you decide if selling to a house-buying company is your best option.
Sell Your House Fast in Fayette County With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Fayette County.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Fayette County area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Fayette County
Selling your home to a house-buying company in Fayette County can be a simple and easy process. Here’s how it typically works:
1. Reach out to the company: Contact a house-buying company online or by phone and provide details about your property.
2. Schedule a home evaluation: Set up a time for the company to inspect your home, either in person or virtually, to assess its condition.
3. Receive a cash offer: The company presents a no-obligation cash offer based on your home’s condition, location, and market value.
4. Review the agreement: Review the purchase agreement to understand the terms, timeline, and any additional details.
5. Close on your timeline: If you accept the offer, work with the company to close the sale on a date that fits your schedule.
6. Get paid in cash: Complete the sale and receive your payment, typically on the same day as closing.
Popular We Buy Houses for Cash companies in Fayette County
If the process of selling to a house-buying company in Fayette County 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’ Art Deco or Colonial Style Homes · Bungalow. By selling to one of these companies, you should be able to sell your Fayette County home in as little as a week or two.
Patriot Home Buyers LLC
Patriot Home Buyers, a family-owned real estate solutions company in Marietta, GA, purchases homes for cash across Metro Atlanta and surrounding areas, including Atlanta, Duluth, Buford, Athens, Roswell, Fayetteville, and McDonough.
Locations: Metro Atlanta and surrounding areas, including Fayette County
Closing costs: Sellers pay no closing costs; Patriot Home Buyers covers them.
Patriot Home Buyers holds a 4.7-star rating on Google with 143 reviews.
Website: patriothomebuyersga.com
Phone number: 470-704-5649
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Fayette County] (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 Fayette County.
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 Fayette County
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
Resideum
Resideum, based in Alpharetta, GA, has been buying houses in Metro Atlanta for eight years. They provide offers within 24 hours and can close in as little as three weeks.
Locations: Metro Atlanta and surrounding areas, including Fayette County
Closing costs: Sellers pay no closing costs; Resideum covers them.
Resideum has been BBB accredited since 2020 with an A+ rating. The company also holds a 5.0-star rating on Google, though it currently has only three reviews.
Website: resideumbuyshouses.com
Phone number: 678-710-6130
We Buy Houses
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
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.
Website: webuyhouses.com
Phone number: 877-932-8946
Why sell your Fayette County house for cash?
There are plenty of valid reasons a Fayette County home seller may choose to work with a Cash-For-Homes company. Among them are speed, the overall ease of conducting the sale, and convenience.
In Fayette County, it typically takes around 91 days to sell a home on the market using an agent. That includes an average of 47 days on the market plus the typical 44 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 Fayette County, 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.
Here are some common scenarios where this option might be right for you:
- Job relocation: You need to sell your home quickly to move to a new city for work.
- Divorce: Selling the home allows you to divide assets and move on from a difficult chapter.
- Inherited property: You’ve inherited a home you don’t want to maintain or live in.
- Downsizing: You’re ready to move to a smaller, more manageable property.
- Costly repairs: Your home needs expensive updates, and you’d rather sell as-is.
- Avoiding open houses: You don’t want to deal with preparing your home for public showings.
- Foundation issues: Structural problems make your home a tough sell on the open market.
- Foreclosure: You’re behind on payments and need to sell before losing your home.
- Problem tenants: Dealing with difficult renters makes owning the property more trouble than it’s worth.
- Selling from out of state: Managing the sale remotely is too complex, and a quick cash sale simplifies the process.
Pros and cons of house-buying companies in Fayette County
Selling to a house-buying company in Fayette County has its advantages and disadvantages. Below are the key pros and cons to consider before deciding if this option is right for you.
Pros of house-buying companies
The biggest benefits of working with a house-buying company in Fayette County are the speed and simplicity of the process. You can sell without fixing up your home and avoid common contingencies. Here’s an overview of the advantages:
- Quick closing: Most house-buying companies can close in as little as a week, which is ideal if you need a fast sale.
- Buy as-is: These companies will purchase your home in its current condition, even if it needs extensive repairs or renovations.
- No staging or showings: You can skip the hassle of cleaning, staging, and preparing your home for multiple buyer walkthroughs.
- No contingencies: Cash offers don’t come with financing or appraisal contingencies, reducing the risk of deals falling through.
Cons of house-buying companies
The most significant drawback is that house-buying companies often pay below market value, which means you might leave money on the table compared to a traditional sale. Here are other potential downsides:
- Lower offers: Cash buyers prioritize speed and convenience, but they typically offer less than you could get by selling through an agent.
- Limited competition: You won’t have the benefit of multiple buyers competing for your home, which could drive up the price in a traditional market sale.
- Risk of scams: Some companies or individuals may not be reputable, leaving you vulnerable to home-buying scams.
- No negotiation: Offers are typically “take it or leave it,” giving you little flexibility to negotiate terms or prices.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
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 Fayette County home quickly
iBuyers
iBuyers are instant buyers that use automated valuation models to provide fast, all-cash offers, typically closer to market value, for homes in good condition. Companies like Opendoor and Offerpad streamline the process, which takes just days to two weeks. However, service fees of 5%-6% apply, and iBuyers work best for homes in regions with consistent housing styles. Learn more about the iBuyer process.
Listing with an agent
While listing with a real estate agent might not seem like a fast option, it’s worth considering in seller-friendly markets. Top agents can sell homes quickly and for up to 10% more than average agents. They also provide valuable insights, such as a comparative market analysis (CMA), which is often free. A CMA helps estimate your home’s value and how fast it might sell. HomeLight can connect you with a top-performing agent who may even link you to cash buyers offering closer to market value.
FAQs on Fayette County house-buying companies
By and large, most We Buy Houses for Cash companies in Fayette County 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 Fayette County 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 Fayette County Colonial Style Homes could sell for $485,600 after repairs, but it will need $30,000 of work to get there.
($485,600 x .70) – $30,000 = $309,920
In this example, a Fayette County We Buy Houses company might offer you around $309,920 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 Fayette County 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 Fayette County 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 Fayette County vs. top Fayette County 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 Fayette County | Sell with a top Realtor in Fayette County |
| Selling timeline | 7 to 30 days | 91 days average; 47 to attract an offer, 44 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 Fayette County is worth about $485,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $510,000.
| Sell to a We Buy Houses for Cash company in Fayette County | Sell with a top Realtor in Fayette County | |
| Estimated sale price | ($510,000 x .70) – $25,000 = $332,000 | $485,000 |
| Market preparations | 0 | $4,850 (1% of sale price) |
| Agent commissions | 0 | $14,550 (3%) |
| Closing costs | 0 | $7,275 (1.5%) |
| Estimated take-home for seller | $332,000 | $458,325 |
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
- Fast and simple process: House-buying companies in Fayette County offer speed and convenience, often closing within days and purchasing homes as-is.
- Lower offers: Cash-for-homes companies typically pay less than market value, prioritizing speed over maximizing your sale price.
- Limited flexibility: Offers are often non-negotiable, so you may have little room to adjust terms.
- No repairs required: You can skip the hassle and cost of preparing your home for sale, as these companies buy in any condition.
- Other options exist: iBuyers and real estate agents can also help you sell quickly, potentially for closer to market value.
- 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 Fayette County agent.
Header Image Source: (lmphot/ Depositphotos)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.