We Buy Houses Huntington, WV: Top 5 Companies
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you need to sell your Huntington home quickly, a We Buy Houses company might be an option worth considering. These companies offer all-cash deals for homes, often ones that need repairs or updates. You benefit from a fast sale, skipping the need for costly fixes or drawn-out negotiations.
Selling your home for cash can be a lifesaver when facing unexpected circumstances, like financial strain, relocation, or inherited property. By accepting a cash offer, you can get the proceeds quickly and move on with your next steps without delay.
In this post, we’ll explore the pros and cons of working with cash home buyers in Huntington, show you how the process works, and provide some alternatives to keep in mind. You’ll get the information you need to decide if selling to one of these companies is the best move for you.
Sell Your House Fast in Huntington 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 Huntington.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Huntington area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Huntington
Selling your Huntington home to a house-buying company can be a quick and straightforward process if you’re looking to sell fast and without the hassle of repairs or showings. Here are the basic steps to help you understand how the process works:
- Submit your property information: Contact the company and provide details about your home, such as its location, condition, and any repairs it may need.
- Receive a cash offer: After reviewing your property, the company will present you with a no-obligation cash offer for your home, usually within a few days.
- Review the offer: Take some time to evaluate the cash offer and decide if it meets your needs. Remember, most offers are non-negotiable.
- Schedule a home visit: The company may set up a time to visit your property and confirm its condition before finalizing the offer.
- Close the sale: If you accept the offer, you’ll move forward with closing. The process is often completed within a few weeks, and you’ll receive your cash proceeds.
- Move on: Once the deal is done, you can move forward with your plans, whether it’s relocating or resolving a financial situation.
Popular We Buy Houses for Cash companies in Huntington
If the process of selling to a house-buying company in Huntington 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’ craftsman bungalow or colonial revival. By selling to one of these companies, you should be able to sell your Huntington home in as little as a week or two.
Coach Buys Homes
Coach Buys Homes is a local real estate investment company dedicated to helping homeowners sell their properties quickly and efficiently. The company will make cash offers for homes in any condition, making the selling process smooth and hassle-free.
Locations: Huntington and surrounding areas.
Closing costs: Sellers pay no closing costs; Coach Buys Homes covers them.
Coach Buys Homes has a positive online reputation, with a 5.0 star rating on Google. Customers frequently praise the company for its professionalism, transparency, and the ease of the transaction process. Many reviewers highlight the fair cash offers and the company’s commitment to making the process simple and easy.
Website: coachbuyshomes.com
Phone number: 304-936-1948
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Huntington (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 Huntington.
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 Huntington
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
BiggerEquity
BiggerEquity is a nationwide house-buying company that began operations in 2016. The company says it can make a cash offer in as little as seven minutes and close the deal as quickly as seven days.
Locations: BiggerEquity buys houses throughout West Virginia, including Huntington. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
BiggerEquity has been BBB accredited since 2018 and holds an A+ rating and 4.8 stars on Google. Customer reviews on Google for BiggerEquity speak to a smooth, transparent, and up-front process without pressure or surprises.
Website: biggerequity.com
Phone number: 866-333-8377
A&M Investments
A&M Investments is a real estate investment company focused on helping homeowners in West Virginia and surrounding areas sell their homes quickly for cash. A&M Investments offers flexible closing timelines to suit the needs of the seller, handling all aspects of the transaction.
Locations: Huntington and surrounding areas.
Closing costs: Sellers pay no closing costs; A&M Investments covers them.
A&M Investments has a positive reputation online, with a 4.7-star rating on Google. Customers often praise the company for its professionalism, straightforward process, and fair cash offers.
Website: webuycharlestonwvhouses.com
Phone number: 304-250-9336
MAJO Buys Houses
MAJO Buys Houses is a real estate investment company that purchases properties in any condition, focusing on quick closing. They offer flexible closing options tailored to each homeowner’s specific needs.
Locations: Huntington and surrounding areas
Closing costs: Sellers pay no closing costs; MAJO Buys Houses covers them.
MAJO Buys Houses has received positive feedback from clients, with 5.0 star ratings on Google. Customers appreciate the company’s professionalism, honesty, and an overall simple experience and transaction.
Website: majobuyshouses.com
Phone number: 304-900-3329
Why sell your Huntington house for cash?
Selling your home for cash isn’t complicated, by why do it? Customers of cash-for-homes companies will typically cite the overall ease of the transactions, the speed of the sale, the overall comfort with the process—particularly when compared to selling on the open market.
In Huntington, it typically takes around 91 days to sell a home on the market using an agent. That includes an average of 48 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 Huntington, 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 selling for cash could be a good fit:
- Repairs needed: When your home needs significant repairs, a cash buyer will purchase it as-is, saving you the expense of fixing issues like a failing foundation.
- Divorce: Divorce can be stressful, and a fast cash sale can help you move forward with fewer complications during this life change.
- Selling from out of state: Cash sales are ideal when you’re managing a property sale from out of state and need a simple, remote transaction.
- Job relocation: If you’re relocating for a job and need to sell quickly, cash buyers can help you avoid the hassle of a traditional sale.
- Inherited home: If you’ve inherited a home you don’t want to keep, selling for cash can help you liquidate the property without delay.
- Facing foreclosure: If you’re at risk of foreclosure, a cash offer can help you sell before the bank steps in and take control of your financial future.
- Dealing with tenants: If your property has difficult tenants, a quick cash sale allows you to sell without managing tenant issues.
- Downsizing: Ready to downsize? A cash sale lets you skip the drawn-out process of preparing your home and holding open houses.
Pros and cons of house-buying companies in Huntington
Working with a house-buying company in Huntington comes with clear advantages and some significant drawbacks. Let’s explore the pros and cons to help you evaluate if this option is the right fit for your situation.
A house-buying company offers key benefits, especially if you’re looking for speed and a hassle-free sale. They’ll purchase your house as-is without requiring any repairs or staging. Here are some of the main advantages:
- Fast closing: House-buying companies can close the deal within a few weeks, much faster than traditional sales.
- No repairs needed: You can sell your home as-is without spending money or time on fixing issues or upgrades.
- Guaranteed sale: There’s no risk of buyers backing out because of financing or contingencies, making the sale more certain.
- Simplified process: The process is straightforward, with no need for open houses, showings, or negotiations, which means less stress for you.
While there are advantages, house-buying companies often pay below market value compared to what you might get selling through an agent. It’s important to consider the following potential drawbacks:
- Lower sale price: Cash buyers generally offer significantly less than what your home would sell for on the open market.
- Limited buyer pool: You’re missing out on potential buyers who may be willing to pay more if they have time for financing.
- Potential for scams: Not all companies are trustworthy. You’ll need to be careful and avoid scams or shady buyers.
- No chance for market appreciation: If your home could sell for more after some updates or in a better market, selling to a cash buyer eliminates that potential.
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 integrity and service of house-buying companies in West Virginia can vary. Your experience depends on the company or person behind the offer, so it’s important to do your homework.
- Vet the company: Look up reviews, read testimonials, and research the company’s history to make sure you’re dealing with a reputable buyer.
- Check the company’s market presence: Investigate how long the company has been operating and how well it performs compared to others in the area.
- Read the buying agreement: Before signing, go over every detail in the agreement. Understand the terms to avoid surprises down the road.
- Know your home’s worth: Use a home value estimator or consult a real estate agent to understand your home’s value before accepting any cash offer.
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 Huntington home quickly
iBuyers
iBuyers are instant buyers using automated valuation models (AVMs) to provide near-instant home value estimates. They offer an all-cash, mostly online process that’s fast — typically closing in a few days to two weeks. iBuyers like Opendoor and Offerpad usually pay closer to market value but charge service fees of 5%-6%. They’re ideal for homes in good condition in areas with uniform housing.
Listing with an agent
Working with an agent could lead to a faster sale than expected, especially if your home is in a seller’s market. A top agent can provide a comparative market analysis (CMA), often for free, helping you set the right price. HomeLight can connect you with a top-performing agent to explore this option.
FAQs on Huntington house-buying companies
By and large, most We Buy Houses for Cash companies in Huntington 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 Huntington 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 Huntington craftsman bungalow could sell for $190,000 after repairs, but it will need $30,000 of work to get there.
($190,000 x .70) – $30,000 = $103,000
In this example, a Huntington We Buy Houses company might offer you around $103,000 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 Huntington 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.
- Research and vet the house-buying companies that serve your Huntington area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- 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 Huntington vs. top Huntington 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 Huntington | Sell with a top Realtor in Huntington |
| Selling timeline | 7 to 30 days | 91 days average; 48 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 Huntington is worth about $190,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $215,000.
| Sell to a We Buy Houses for Cash company in Huntington | Sell with a top Realtor in Huntington | |
| Estimated sale price | ($215,000 x .70) – $25,000 = $125,500 | $190,000 |
| Market preparations | 0 | $1,900 (1% of sale price) |
| Agent commissions | 0 | $5,700 (3% of sale price) |
| Closing costs | 0 | $2,850 (1.5%) |
| Estimated take-home for seller | $125,500 | $179,550 |
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 closing: Cash-for-homes companies can help you close within days or weeks, much faster than a traditional sale.
- No repairs needed: You can sell your house in as-is condition without worrying about costly fixes or upgrades.
- Guaranteed sale: Cash buyers won’t back out due to financing or other contingencies, offering more certainty in the sale.
- Lower offers: Cash offers are typically below market value, so you might not get as much as you would through a traditional sale.
- 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 achieving 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 Huntington agent.
Header Image Source: (Curtis Adams/Pexels)
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