We Buy Houses Peters Township: 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.
Selling your home can be overwhelming, especially if you need to do so immediately. This is where We Buy Houses companies can step in.
We Buy Houses companies in Peters Township offer a simple solution, making all-cash offers for homes, regardless of their condition. If you’re short on the time, expertise, or money needed for repairs, or just need to dispose of your property quickly, this can be a great deal.
In this post, we’ll explore the pros and cons of selling to a cash-for-homes company in Peters Township. We’ll also break down how the process works and provide some alternatives, giving you the tools to make the best decision for your property.
Sell Your House Fast in Peters Township 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 Peters Township.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Peters Township area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Peters Township
Selling your home for cash is a pretty simple process. There are a few steps you should know, however. Here’s a brief window into how it works, step by step:
1. Contact the company: When you’ve found a company that feels like a good fit, reach out. Most will have a contact form or phone number to provide some basic information about your property.
2. Schedule an inspection: Set up a time for the company to visit your property and assess its condition. The offer will be based on this inspection, along with other factors.
3. Receive an offer: The company will present you with a no-obligation cash offer after the inspection.
4. Review the offer: Take time to consider the offer. There’s typically no room for negotiation, so it’s often “take it or leave it.”
5. Sign the agreement: If you decide to accept the offer, sign the purchase agreement to move forward.
6. Close the sale: Complete the sale by finalizing the paperwork and receiving your cash payment, often within a few days.
Popular We Buy Houses for Cash companies in Peters Township
If the process of selling to a house-buying company in Peters Township 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’ Tudor Revival and Cape Cod-style. By selling to one of these companies, you should be able to sell your Peters Township home in as little as a week or two.
Fifth Avenue Property Group
Fifth Avenue Property Group, located in Pittsburgh, buys and sells homes in any condition throughout the local area. The company was started by Matthew Simmons after he purchased several homes to bolster his own real estate portfolio.
Locations: Serves Pittsburgh and nearby areas
Closing costs: Sellers pay no closing costs; Fifth Avenue Property Group covers them.
Fifth Avenue Property Group has a 4.6 Google star rating with over 100 reviews. One review mentioned having a great experience with the team and finding them kind, helpful, and patient. They appreciated the personal attention and thorough answers to their questions, especially during a difficult time when they needed to sell their house quickly.
Website: 5apg.com
Phone number: 412-945-7700
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Peters Township (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 Peters Township.
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 Peters Township
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
Sell Pittsburgh Now
Sell Pittsburgh Now, a Pittsburgh-based company, purchases houses for cash. Submit your property information below to receive a fair all-cash offer within 24 hours. You have the flexibility to choose the closing date. The company can offer close as quickly as seven days.
Locations: Serves Pennsylvania and nearby areas
Closing costs: Sellers pay no closing costs; Sell Pittsburgh Now covers them.
Sell Pittsburgh Now has a 5.0 Google star rating based on 17 reviews. One review noted a great experience selling their mother’s home. The process was smooth, with no surprises, and everything promised was delivered.
Website: sellpittsburghnow.com
Phone number: 412-275-5238
412 Houses
412 Houses, a cash home buyer company in Pittsburgh, will purchase homes in any condition. The company will provide you with a cash offer following a brief inspection. 412 Houses will often present you with several options for your offer and the deal can close in as quickly as a week.
Locations: Serves Pittsburgh and nearby areas, including Peters Township
Closing costs: Sellers pay no closing costs; 412 Houses cover them.
412 Houses has a testimonial on their company website describing a client’s positive experience of needing to sell their house quickly to move closer to family. 412 Houses has a 5.0 Google star rating, though based on a single review.
Website: 412houses.com/we-buy-houses-peters-township
Phone number: 412-346-0523
Dustin Buys Houses
Dustin Buys Houses will make a cash offer on your property following a brief inspection. Once the offer is accepted, the closing is scheduled at a local reputable title company on a date that works for you, often as quickly as 21 days.
Locations: Serves Allegheny County and surrounding areas, including Peters Township
Closing costs: Sellers pay no closing costs; Dustin Buys Houses covers them.
Dustin Buys Houses has been BBB accredited since 2020 and holds an A+ rating. Dustin Buys Houses has a 4.9 Google star rating based on more than 40 reviews. One review noted that a tough situation with a bad property management company, paying both rent and mortgage.
Website: dustinbuyshouses.net/we-buy-houses-peters-township
Phone number: 412-688-6311
Why sell your Peters Township house for cash?
Selling your Peters Township property for cash isn’t for everyone, but for some property owners, it’s the right decision at the right time. Customers of We Buy Houses companies will frequently point to the ease and convenience of working with these companies, as well as the speed in which their property sold, compared to placing their home on the open market.
In Peters Township, it typically takes around 82 days to sell a home on the market using an agent. That includes an average of 40 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 Peters Township, 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 choosing a house-buying company might be the right move for you:
- Job relocation: You need to sell quickly due to a job relocation.
- Divorce: A divorce prompts the need for a fast sale to split assets.
- Inherited: You’ve inherited a property and want to sell it quickly without the hassle.
- Downsizing: You are downsizing and prefer a quick, straightforward sale.
- Repairs: Your home needs significant repairs that you can’t afford or don’t want to handle.
- Open houses: You want to avoid the inconvenience and privacy invasion of open houses.
- Foundation issues: Your property has foundation issues that complicate a traditional sale.
- Foreclosure: You are facing foreclosure and need to sell quickly to settle debts.
- Tenants: You want to sell a rental property but have tenants occupying it.
- Selling from out of state: You live out of state and need a fast and easy sale.
Pros and cons of house-buying companies in Peters Township
Like any situation, selling your Peters Township property to a We Buy Houses company has its ups and downs. Here’s a quick look at the pros and cons:
Pros
- Speed: House-buying companies can close deals in a matter of days.
- As-is condition: They buy properties as-is, saving you from the hassle and expense of repairs.
- No contingencies: Sales often proceed without contingencies, reducing the risk of the deal falling through.
- Convenience: They handle most of the paperwork and processes
Cons
The most significant downside is that these companies typically offer below market value for your home compared to what you could get selling with an experienced real estate agent.
- Lower offers: Expect to receive less than market value for your home, as companies aim to resell at a profit.
- Potential for scams: Be cautious of scams and untrustworthy buyers in the cash home-buying industry.
- Limited negotiation: Offers are usually take-it-or-leave-it, with little room for negotiation.
- Lack of competition: Without multiple buyers, you might miss out on the competitive offers you could get on the open market.
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
While We Buy Houses companies are by and large legitimate, unfortunately, it is an industry that attracts some less than reputable buyers. Here’s a quick guide to some steps you should take before choosing a company to sell your property to:
- Check reviews: Look for online reviews and testimonials from other homeowners to gauge the company’s reputation and service quality.
- Research the company: Take a look at it’s online presence and performance in the market. Be on the look out for any red flags, like no website or a short time in business.
- Read testimonials: Read past client testimonials to understand others’ experiences and the level of service provided.
- Evaluate the offer: Compare the cash offer to your home’s market value to ensure it is fair and meets your financial needs. Remember, these companies offer speed instead of making you as much money as possible, so the offer will be lower than a traditional sale.
- Understand the agreement: Carefully read and understand the buying agreement before signing to avoid any hidden clauses or surprises.
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 Peters Township home quickly
iBuyers
iBuyers are instant buyers that use automated valuation models (AVMs) to provide quick, all-cash offers. These offers are typically closer to market value for homes in good condition.
The process is quick, often closing in days to two weeks. However, iBuyers like Opendoor and Offerpad often charge service fees of 5%-6%. They are ideal for sellers in regions with uniform housing who want a fast, mostly online transaction. Learn more about the iBuyer process.
Listing with an agent
While listing with an agent might seem contrary to selling quickly, it can be an effective option in a seller-friendly market. Top agents can strategically price and market your home for a fast sale. They can also provide a comparative market analysis (CMA), which helps determine an appropriate listing price and selling timeline. Many agents will provide a CMA often for free.
Additionally, experienced agents might connect you with buyers offering closer to market value cash offers. If interested, HomeLight can connect you with a top-performing agent in your area.
FAQs on Peters Township house-buying companies
By and large, most We Buy Houses for Cash companies in Peters Township 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 Peters Township 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 Peters Township Tudor-Revival could sell for $570,000 after repairs, but it will need $30,000 of work to get there.
($570,000 x .70) – $30,000 = $369,000
In this example, a Peters Township We Buy Houses company might offer you around $369,000 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 Peters Township 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 Peters Township 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 Peters Township vs. top Peters Township 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 Peters Township | Sell with a top Realtor in Peters Township |
| Selling timeline | 7 to 30 days | 82 days average; 40 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 for Cash company and an agent-assisted sale.
Let’s say your home in Peters Township is worth about $575,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $600,000.
| Sell to a We Buy Houses for Cash company in Peters Township | Sell with a top Realtor in Peters Township | |
| Estimated sale price | ($600,000 x .70) – $25,000 = $395,000 | $575,000 |
| Market preparations | 0 | $5,750 (1% of sale price) |
| Agent commissions | 0 | $33,350 (5.8% of sale price) |
| Closing costs | 0 | $8,625 (1.5%) |
| Estimated take-home for seller | $395,000 | $527,275 |
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
- Speed of sale: House-buying companies in Peters Township offer a fast, hassle-free way to sell your home, often closing in a matter of days.
- As-is condition: These companies buy homes in any condition, saving you from the costs and efforts of repairs.
- Lower offers: Expect to receive less than market value for your home compared to selling with a real estate agent.
- Convenience: The sale process is simplified, with the company handling most of the paperwork and logistics.
- No negotiations: Offers are typically take-it-or-leave-it, with little room for negotiation.
- Research needed: It’s crucial to thoroughly vet the house-buying company to avoid scams and ensure a fair deal.
- Know your home’s worth: Always know 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 Peters Township agent.
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