We Buy Houses South Fayette: Top 5 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.
If you’re looking to sell your home quickly in South Fayette, We Buy Houses companies can be a great alternative to the traditional real estate market.
These companies make all-cash offers for homes, purchasing properties regardless of condition, often in a matter of days.
This can be especially useful if you lack the time, expertise, or funds to make necessary repairs. These companies are a good option for homeowners stuck with an unexpected inheritance, struggling with the weight of a possible foreclosure, or dealing with a sudden change in employment.
This post will serve as a guide into how We Buy Houses companies working, breaking down the pros and cons, the ins and outs of the process, along with some alternatives for a fast sale.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of South Fayette area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in South Fayette
Working with a house-buying company in South Fayette offers a quick and easy way to sell your home in a few days. Here are the basic steps you’ll follow to sell your house to a cash-for-homes company:
1. Reach out to a house-buying company: Start by contacting a reputable house-buying company in South Fayette and provide them with basic information about your property.
2. Arrange a home evaluation: Schedule a time for the company to visit your home and assess its condition.
3. Get a cash offer: After the evaluation, the company will present you with a no-obligation cash offer for your home.
4. Evaluate the offer: Carefully review the offer terms to ensure they meet your expectations and needs.
5. Agree to the offer: If you’re satisfied with the offer, formally accept it to proceed with the sale.
6. Complete the sale: Work with the company to finalize the necessary paperwork and close the sale, typically within a few days.
Popular We Buy Houses for Cash companies in South Fayette
If the process of selling to a house-buying company in South Fayette 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’ Victorian and Colonial-style. By selling to one of these companies, you should be able to sell your South Fayette home in as little as a week or two.
Pittsburgh Cash Home Buyers
Pittsburgh Cash Home Buyers LLC, a locally owned and operated business, is part of the CZ Capital Group family of real estate companies. With over 18 years of experience, they offer a fair-market cash offer for your home within 24 hours. They can buy your property and close in as little as 30 days. Their office is located on Grandview Avenue atop Mount Washington.
Locations: Serves Pennsylvania, including Pittsburgh and South Fayette
Closing costs: Sellers pay no closing costs; Pittsburgh Cash Home Buyers LLC covers them.
Pittsburgh Cash Home Buyers LLC has a 4.7 Google star rating with over 70 reviews. One review noted that the team assisted in quickly selling their family’s property following a death despite needing a roof replacement. They commended the team’s professionalism and recommended them to anyone seeking a local company that values its clients.
Website: pittsburghcashhomebuyers.com
Phone number: 412-900-8261
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in South Fayette (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 South Fayette.
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 South Fayette
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. It can close on your home within seven days, and will make an offer regardless of the property’s condition.
Locations: Serves Pennsylvania and nearby areas, including South Fayette
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. A customer had a great experience selling their mother’s house with Sell Pittsburgh Now. The process was smooth, with no surprises.
Website: sellpittsburghnow.com
Phone number: 412-275-5238
412 Houses
412 Houses, a cash home buyer in Pittsburgh, PA, is known for purchasing homes in any condition. After providing your property details, a brief visit is made to your property, and a fair cash offer is presented. An offer can be made in as little as 24 hours.
Locations: Serves Pittsburgh and nearby areas, including South Fayette
Closing costs: Sellers pay no closing costs; 412 Houses covers them.”
412 Houses has a testimonial on their company website describing a client’s experience of needing to sell their house quickly to move closer to family. Despite contacting several investors without success, they found assistance through 412 Houses. The client was able to move closer to family without the hassle of cleaning or delays.412 Houses has a 5.0 Google star rating based on just one review.
Website: 412houses.com
Phone number: 412-346-0523
Dustin Buys Houses
Dustin Buys Houses, founded in 2018 by Dustin and Kim Singer, is a husband and wife team. Fill out the form with your information, and you will receive a call to schedule a time to tour the property and answer any questions. Once the offer is accepted, the closing is scheduled at a local reputable title company on the date of your choosing, as quickly as 21 days.
Locations: Serves Allegheny County and surrounding areas, including South Fayette
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. A client mentioned that they were in a tough situation with a bad property management company, paying both rent and mortgage. The team at Dustin Buys Houses was understanding and they closed quickly without any out-of-pocket expenses. The process was seamless.
Website: dustinbuyshouses.net
Phone number: 412-688-6311
Why sell your South Fayette house for cash?
Customers of We Buy Houses companies will typically point to the ease of the transaction, along with the speed at which their home was sold, as the primary motivators for working with these customers. It can be a fast alternative to the traditional real estate market, which can often take weeks or even months to sell a property.
In South Fayette, it typically takes around 70 days to sell a home on the market using an agent. That includes an average of 28 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 South Fayette, 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 South Fayette house for cash let’s you move on from your property in a matter of days. Here are some common reasons why this might work for you:
- Job relocation: When you need to move quickly for a new job and don’t have time for a traditional sale.
- Divorce: A quick sale can simplify the process of dividing assets during a divorce.
- Inherited property: If you’ve inherited a house and want to sell it quickly without the hassle of upkeep.
- Downsizing: Selling your home for cash can make moving to a smaller, more manageable property easier when relocating to a retirement community.
- Significant repairs: If your home needs costly repairs you can’t afford or don’t want to handle.
- Avoiding open houses: Selling for cash means you won’t need to host open houses or deal with multiple showings.
- Foundation issues: Severe foundation problems can be a major deterrent for traditional buyers.
- Facing foreclosure: Selling your home quickly can help you settle debts and avoid foreclosure.
- Problem tenants: If you own a rental property and want to get rid of problematic tenants fast.
- Selling from out of state: If you’re managing a property from afar, a quick cash sale can be very convenient.
Pros and cons of house-buying companies in South Fayette
There are ups and downs to selling your South Fayette home for cash.
One of the biggest upsides is the speed of the sale, and the fact that these companies buy homes in any condition without requiring you to make repairs or preparations. Here are some key benefits:
- Quick sale: Cash buyers can close deals in as little as a week, making the process much faster than traditional sales.
- No repairs needed: You can sell your home as-is, without worrying about making any repairs or upgrades.
- Simple process: The selling process is straightforward, with minimal paperwork and no need for multiple showings.
- Avoid contingencies: Cash sales often don’t include contingencies, reducing the risk of the sale falling through.
The biggest downside is that a house-buying company in South Fayette will likely offer you less than market value for your home compared to selling on the market with an experienced real estate agent. Here are some key drawbacks:
- Lower offers: Expect offers to be below market value, often significantly less than what you might get from a traditional sale.
- Potential scams: There are scams in the industry, so it’s essential to vet the companies thoroughly.
- Limited negotiation: Most house-buying companies present take-it-or-leave-it offers with little room for negotiation.
- Lack of competition: With no bidding wars, you miss out on the potential for higher offers that come from multiple interested buyers.
Vet cash buyers and know your home’s worth
When working with a house-buying company in South Fayette, the level of integrity and service you experience can vary greatly. Here are some key points to consider:
- Check reviews: Look up the company online and read reviews from previous sellers to get a sense of their reputation.
- Read testimonials: Visit the company’s website and read testimonials to see what other homeowners have said about their experience.
- Research the company: Investigate the company’s presence and performance in the market to ensure they are reputable and trustworthy.
- Understand the offer: Before committing to a cash offer, thoroughly vet the company and understand all the terms.
- Review the agreement: Carefully read the buying agreement before signing to ensure you know what you’re agreeing to.
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 South Fayette home quickly
iBuyers
iBuyers are instant buyers that use automated valuation models (AVMs) to provide quick home value estimates and all-cash offers, often closer to market value. The iBuyer process is mostly online and can close within days to two weeks. Companies like Opendoor and Offerpad charge service fees of 5%-6%, and are ideal for homes in good condition.
Listing with an agent
Using a top real estate agent can also result in a fast sale, especially in a seller-friendly market. Listing with an agent typically yields a higher selling price. Agents provide a comparative market analysis (CMA) to help determine your home’s value and appropriate listing price. Many agents offer CMAs for free.
Additionally, experienced agents might connect you with buyers offering cash closer to market value. If you want to explore this option, HomeLight can connect you with a top-performing agent in your area.
FAQs on South Fayette house-buying companies
By and large, most We Buy Houses for Cash companies in South Fayette 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 South Fayette 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 South Fayette Victorian could sell for $310,000 after repairs, but it will need $30,000 of work to get there.
($310,000 x .70) – $30,000 = $187,000
In this example, a South Fayette We Buy Houses company might offer you around $187,000 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 South Fayette 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 South Fayette 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 South Fayette vs. top South Fayette 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 South Fayette | Sell with a top Realtor in South Fayette |
Selling timeline | 7 to 30 days | 70 days average; 28 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 South Fayette is worth about $300,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $325,000.
Sell to a We Buy Houses for Cash company in South Fayette | Sell with a top Realtor in South Fayette | |
Estimated sale price | ($325,000 x .70) – $25,000 = $202,500 | $300,000 |
Market preparations | 0 | $3,000 (1% of sale price) |
Agent commissions | 0 | $17,400 (5.8% of sale price) |
Closing costs | 0 | $4,500 (1.5%) |
Estimated take-home for seller | $202,500 | $275,100 |
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 sale: House-buying companies can close deals quickly, often within a week.
- No repairs needed: Sell your home as-is without making any repairs or upgrades.
- Simple process: The selling process is simple, with minimal paperwork and no need for showings.
- Lower offers: Expect offers to be below market value compared to a traditional sale.
- Vetting is crucial: Thoroughly research and vet the house-buying company to avoid scams.
- Limited negotiation: Cash offers from these companies are typically non-negotiable.
- 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 managing 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 South Fayette agent.
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