5 Top We Buy Houses for Cash Companies in Huntersville
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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.
In Huntersville, “We Buy Houses,” companies are changing how homeowners sell properties that may need repairs. Offering all-cash deals, these companies provide a lifeline for sellers who might not have the time, expertise, or resources to undertake necessary repairs.
Selling your Huntersville home for cash can be ideal if you need to sell it quickly — regardless of whether it’s due to a sudden job relocation, financial distress, or something unexpected.
This post will guide you through the pros and cons of working with a house-buying company, equipping you with the knowledge to make an informed decision.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Huntersville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Huntersville
Working with house-buying companies in Huntersville offers a straightforward path to selling your home quickly, bypassing the traditional market’s uncertainties. Here’s how you can navigate this process with ease:
1. Find a reputable company: Research local Huntersville house-buying companies with strong reputations. Look for reviews and testimonials to gauge their reliability.
2. Request an offer: Contact your chosen company to request an offer on your home. Typically, you’ll need to provide basic information about your property online or over the phone.
3. Home evaluation: The company will usually quickly evaluate your home to assess its condition and determine its value. This step often involves a visit to your property.
4. Receive an offer: The company will present you with a cash offer based on the evaluation. Remember, these offers are generally non-negotiable and are made with the understanding that the property is being sold as-is.
5. Accept the offer: If you’re satisfied, you can accept it. The process from here on is usually much faster than a traditional sale.
6. Close the sale: Closing is typically handled by the buying company, often within a matter of days. You won’t have to worry about closing costs, as the buyer usually covers these, allowing you to move on quickly from your current situation.
Popular We Buy Houses for Cash companies in Huntersville
If the process of selling to a house-buying company in Huntersville sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies that will pay cash for you or your parents’ craftsman or colonial-revival home. You can sell your Huntersville home in as little as a week or two by selling to one of these companies.
New Again Houses
New Again Houses was founded in 2008. New Again Houses has also developed proprietary software to assist their national network of franchise owners in confidently flipping houses in their local markets.
Locations: New Again Houses serves homeowners in various locations, including Huntersville, Hendersonville, and surrounding areas
Closing costs: Sellers pay no closing costs; New Again Houses covers them.
New Again Houses has an A+ rating with the Better Business Bureau (BBB). Customers have praised the company’s professionalism, patience, and helpfulness throughout the process. Other customers have mentioned the company’s compassion, care, and ease of finding a home through their service.
Website: newagainhouses.com
Phone number: 423-389-9110
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Hunterville (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 Huntersville.
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 Huntersville
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
Solution Home Buyer
Solution Home Buyers LLC is a nationwide home-buying company specializing in purchasing properties quickly and efficiently. They offer cash offers for homes that may need to be sold in as-is condition without needing repairs.
Locations: Solution Home Buyers serves a variety of places in North Carolina, including Huntersville, Cabarrus County, Catawba County, Gaston County, Iredell County, Lincoln County, Mecklenburg County, Rowan County, and Union County.
Closing costs: Sellers pay no closing costs; Solution Home Buyers LLC covers them.
Solution Home Buyers has an A+ rating with the Better Business Bureau (BBB), and their Google Reviews show a 4.8-star rating. Customers have praised the company for its professionalism and fair prices.
Website: solutionhomebuyers.com/sell-my-house-huntersville/
Phone number: 704-870-2100
Harmony Home Buyers
Harmony Home Buyers caters to homeowners in Charlotte and surrounding areas in North Carolina. Additionally, their real estate portfolio is diverse, including houses, condos, land, mobile homes, apartments, and townhouses.
Locations: Charlotte and surrounding areas in North Carolina, including Huntersville
Closing costs: Sellers pay no closing costs; Harmony Home Buyers covers them.
Harmony Home Buyers has been BBB accredited since 2020 and holds an A+ rating. Customers of Harmony Home Buyers appreciate the staff for its honesty, helpfulness, and patience. They have a Google rating of 5.0.
Website: harmonyhomebuyers.com
Phone number: 704-285-2485
Travis Buys Homes
Travis Buys Homes is a real estate company in Charlotte, founded in 1999. The company prides itself on creating an easy selling process, allowing homeowners to leave belongings behind, and will handle the repairs and cleaning of a property, preparing for sale.
Locations: Huntersville and the triad area of North Carolina
Closing costs: Sellers pay no closing costs; Travis Buys Homes covers them.
Customers have praised the company’s diligence and efforts to resolve issues promptly to ensure a smooth transaction with little stress. Additionally, the company’s communication is commended. They have a Google rating of 4.9.
Website: travisbuyshomes.com
Phone number: 704-459-5700
Why sell your Huntersville house for cash?
There are plenty of valid reasons a Huntersville home seller may choose to work with a Cash-For-Homes company, with most sellers needing speed and a convenient sales process.
In Huntersville, selling a home on the market typically takes around 94 days using an agent. That includes an average of 47 days on the market plus the typical 47 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 Huntersville, 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 scenarios where selling to a house-buying company might be the right choice:
- Job relocation: Quickly moving for a new job opportunity and need to sell your home fast? A cash sale can simplify this transition.
- Divorce: Going through a divorce and need to liquidate shared assets without added stress? Selling for cash is efficient.
- Inherited property: Inherited a home you don’t want to keep or manage? Cash buyers provide a straightforward way to sell.
- Downsizing: Ready to move to a smaller, more manageable space and want to sell quickly? This is a common reason for a cash sale.
- Major repairs needed: Facing costly repairs, like roofing or foundation issues, that you can’t or don’t want to handle? A cash sale bypasses these concerns.
- Avoiding the hassle of open houses: Prefer not to deal with the stress and intrusion of open houses? Selling for cash eliminates this step.
- Facing foreclosure: If you risk losing your home to foreclosure, a quick cash sale can provide a way out.
- Problematic tenants: Want to sell a rental property, but it’s currently occupied by tenants? Cash buyers often purchase with tenants in place.
- Selling from out of state: Need to sell a Huntersville property while living elsewhere? Cash sales are convenient and fast.
Pros and cons of house-buying companies in Huntersville
Selling to a house-buying company for cash can seem like a good idea, and while there are several benefits, it’s important to keep the downsides in mind as well. Here are some of the biggest pros and cons:
Pros:
- Quick sale: The process is much faster compared to traditional real estate sales, often closing in just a few days or weeks.
- No need for repairs: Your house will be purchased as-is, meaning you don’t have to spend time or money on repairs or upgrades.
- No real estate fees: Selling to a cash buyer means you won’t have to pay realtor commissions, which can save you thousands of dollars.
- Avoid contingencies: The sale isn’t subject to the usual buyer contingencies, such as mortgage approval or the sale of their current home, making the process smoother and less uncertain.
Cons:
- Below market value: Offers from house-buying companies are typically less than what you could achieve on the open market, reflecting the trade-off for speed and convenience.
- Limited negotiation: The offers from these companies are usually non-negotiable, leaving you with a take-it-or-leave-it decision.
- Less competition: Without multiple buyers bidding, you might miss out on getting a higher price for your property.
- Potential for scams: While many companies are reputable, the industry is not without its share of scammers. Homeowners need to be diligent and research companies thoroughly.
Vet cash buyers and know your home’s worth
When you decide to sell your Huntersville home to a “We Buy Houses for Cash” company, the level of integrity and service you’ll encounter can vary widely. Much depends on the character and professionalism of the individual or group making you an offer. Before committing to a cash offer, take the time to vet the company thoroughly. Check online reviews, read testimonials from past sellers, and research their market presence and track record.
Additionally, understanding your home’s true value is paramount before signing any buying agreement. While a quick cash offer might seem appealing, ensure it’s fair by comparing it to your home’s estimated market value. Carefully reading the buying agreement before committing is also essential to avoid any misunderstandings or unfavorable terms.
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 Huntersville home quickly
iBuyers, or instant buyers, leverage automated valuation models (AVMs) to offer a fast, mostly online selling experience, providing all-cash offers for homes in better condition, often closer to market value. Companies like Opendoor and Offerpad represent this option, known for their quick offer to closing times and service fees of 5%-6%. This route is best for homes in good condition.
Listing with an agent might seem counterintuitive in a discussion focused on quick sales, yet it’s a viable option for those in seller-friendly markets. A top real estate agent can secure a fast sale at potentially higher prices, especially with strategic pricing and marketing.
The key advantage is obtaining a comparative market analysis (CMA), which is often free and provides valuable insight into your home’s market value. Furthermore, an experienced agent might connect you with cash buyers, ensuring you explore all avenues before settling on a sale method. If exploring this option interests you, HomeLight can connect you with a top-performing agent.
FAQs on Huntersville house-buying companies
By and large, most We Buy Houses for Cash companies in Huntersville are legitimate businesses. Their services and transaction fees may differ, but the business model has existed for decades. If you use an established group with a track record, you can be fairly confident it’s legit.
That said, as with any financial transaction, it’s a good idea to be 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 Huntersville 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
Let’s look at an example offer equation to see how this might work in a real-world scenario. Let’s say your Huntersville craftsman home could sell for $515,000 after repairs, but it will need $30,000 of work to get there.
($515,000 x .70) – $30,000 = $330,500
In this example, a Huntersville We Buy Houses company might offer you around $330,500 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 Huntersville We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer is accepted. On the other side, 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
1. Research and vet the house-buying companies that serve your Huntersville 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 Huntersville vs. top Huntersville 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 Huntersville | Sell with a top Realtor in Huntersville |
Selling timeline | 7 to 30 days | 94 days average; 47 to attract an offer, 47 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 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 put together 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 Huntersville is currently worth about $515,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $540,000.
Sell to a We Buy Houses for Cash company in Huntersville | Sell with a top Realtor in Huntersville | |
Estimated sale price | ($540,000 x .70) – $25,000 = $353,000 | $515,000 |
Market preparations | 0 | $5,150 (1% of sale price) |
Agent commissions | 0 | $29,870 (5.8% of sale price) |
Closing costs | 0 | $7,725 (1.5%) |
Estimated take-home for seller | $353,000 | $472,255 |
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 challenging in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Speed and convenience: Selling to a house-buying company in Huntersville can offer a rapid sale process, bypassing traditional market delays.
- Sell as-is: You can sell your home in its current condition without investing in repairs or upgrades.
- No agent fees: Avoiding realtor commissions can save you significant money in the selling process.
- Below market value: Be prepared to receive offers that may be less than what your home could fetch on the open market.
- Vet carefully: Ensure you research and vet any house-buying company to avoid scams and ensure a smooth transaction.
- Consider all options: Exploring other selling methods, such as through a real estate agent, might yield better financial outcomes.
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 Huntersville agent.
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