5 Top We Buy Houses for Cash Companies in Trussville
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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.
Considering selling your house quickly in Trussville? We Buy Houses companies might be your answer. These firms often offer all-cash for homes that may need repairs or updates. This can be an attractive option if you’re looking to bypass the usual hassles of home selling.
A cash sale can greatly benefit homeowners who lack the time, expertise, or funds to manage repairs themselves.
In this post, we’ll explore the pros and cons of selling your Trussville home to cash-for-homes companies. Our guide will equip you with the knowledge to weigh your options effectively, ensuring you make a decision that aligns with your situation and goals.
Sell Your House Fast in Trussville 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 Trussville.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Trussville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Trussville
Working with house-buying companies in Trussville can streamline your home sale process, especially if you’re looking for a quick and straightforward transaction. Here’s how you can expect the process to unfold:
- Contact the company: Reach out to a local Trussville house-buying company and provide them with details about your property. This initial interaction is usually over the phone or through an online form.
- Schedule a visit: The company will likely want to conduct an in-person visit to assess your house’s condition and verify details. This is usually a quick and informal appraisal.
- Receive an offer: Based on their assessment, the company will make an all-cash offer for your home. Remember, these offers are typically non-negotiable and aim to close quickly.
- Review the terms: Take some time to review the offer and the terms of the sale. This step is crucial as it’s your chance to understand the full scope of the agreement.
- Accept the offer: If you decide the offer meets your needs, you can accept it. Upon acceptance, legal documentation will be prepared to finalize the sale.
- Close the sale: Closing is often expedited with house-buying companies. You could receive cash for your home in as little as a week, allowing you to move forward with your plans without delay.
Popular We Buy Houses for Cash companies in Trussville
If the process of selling to a house-buying company in Trussville 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’ English Tudor and Ranch. By selling to one of these companies, you should be able to sell your Trussville home in as little as a week or two.
Chase Pays Cash
Chase Pays Cash, LLC, a family-owned real estate solutions company in Trussville, Alabama, was founded by Chase Smith to aid sellers facing foreclosure, divorce, costly repairs, inherited properties, or needing a quick close. They purchase homes in any condition, closing the deal in just seven days.
Locations: Serves Birmingham, including Trussville
Closing costs: Sellers pay no closing costs; Chase Pays Cash, LLC covers them.
Chase Pays Cash, LLC has a 5.0-star Google rating based on 17 reviews. A recent client shared that Chase Pays Cash For Houses was a lifesaver, swiftly buying their Birmingham home for cash. They highlighted the professionalism and efficiency of the company, recommending them as the best choice for those needing to sell their house quickly.
Website: chasepayscashforhouses.com
Phone number: 205-500-1784
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Trussville (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 Trussville.
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 Trussville
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
We Buy Houses, Trussville
We Buy Houses is a national company with a presence in Alabama. They have worked with over 1 million homeowners in the last 10 years. The company is currently purchasing homes in Alabaster, Pelham, Helena, Calera, Alabama and more. They promise to make an offer within 24 to 48 hours and close in 7 to 14 days.
Locations: Nationwide, including Trussville
Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
According to testimonials on the We Buy Houses website, a client shared their positive experience, stating that they contacted We Buy Houses and received a visit the same day. They received a fair offer, and the deal was closed within 2 weeks.
Website: webuyhouses.com/AL/trussville
Phone number: 205-304-0032
Rapid Fire Home Buyers, Trussville
Rapid Fire Home Buyers, owned by Joseph S. Back, is a locally-owned real estate solutions company based in Montgomery. Specializing in turning unwanted houses into cash, they are real estate investors and problem solvers who can make you an all-cash offer on your house.
Locations: Kentucky, Georgia, and Alabama, including Trussville
Closing costs: Sellers pay no closing costs; Rapid Fire Home Buyers covers them.
Rapid Fire Home Buyers has been BBB accredited since 2021 and holds an A+ rating. Rapid Fire Home Buyers has a 4.7-star rating on Google from over 100 reviews. A recent client had a wonderful experience, with the team being knowledgeable, helpful, and personable. They appreciated the team’s availability for their worries and questions and found the selling process easy, convenient, and faster than expected.
Website: rfhomebuyers.com/alabama/sell-house-trussville
Phone number: 334-310-3079
Birmingham Homebuyers LLC, Trussville
Birmingham Homebuyers LLC officially started in 2018, but its Birmingham native founders have been in real estate since the 1980s. The team, led by co-founders Jason Lesueur and TJ Sayers, consists of experienced real estate investors in Birmingham, Alabama.
Locations: Serves Alabama, including Trussville
Closing costs: Sellers pay no closing costs; Birmingham Homebuyers LLC covers them.
Birmingham Homebuyers LLC has been BBB accredited since 2016 and holds an A+ rating. Birmingham Homebuyers LLC has a 4.5 Google star rating from over 30 reviews. A recent customer described their experience as professional, helpful, and committed. They found the team went above and beyond expectations, making a difficult time easier.
Website: cashforhousesbham.com/sell-my-house-fast-trussville-alabama
Phone number: 205-502-2161
Why sell your Trussville house for cash?
There are plenty of valid reasons a Trussville home seller may choose to work with a Cash-For-Homes company. The benefits of speed, certainty, and remarkable convenience are leading the list.
In Trussville, it typically takes around 96 days to sell a home on the market using an agent. That includes an average of 54 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 Trussville, 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.
If you’re facing one of the following scenarios, a cash offer could provide the simplicity and speed you need:
- Job relocation: If you’re relocating for work, a quick cash sale means less stress and more focus on your new job.
- Divorce: Splitting assets can be complex; selling your home for cash simplifies this part of the process during a divorce.
- Inherited property: Dealing with an inherited home can be emotional and costly; a cash sale is straightforward and quick.
- Downsizing: Ready to move to a smaller home or a retirement community? Selling for cash makes downsizing easier.
- Major repairs needed: If your home needs significant repairs, selling for cash may avoid the hassle and expense.
- Avoiding open houses: Prefer not to deal with the inconvenience of open houses? A cash sale skips this step.
- Foundation issues: Structural problems can deter traditional buyers, but cash buyers often buy homes ‘as-is.’ Foundation issues included.
- Facing foreclosure: Selling for cash might prevent the financial and emotional toll of foreclosure.
- Problematic tenants: Selling a property with tenants can be difficult; cash buyers often purchase rental properties as-is.
- Selling from out of state: Managing a sale from afar? A cash sale simplifies the process without the need for frequent travel when selling from out of state.
Pros and cons of house-buying companies in Trussville
Pros:
House-buying companies in Trussville prioritize speed and convenience, purchasing your home as-is, which means you can avoid the cost and time of making repairs.
- Fast closing: Companies can close on your property in as little as a week, significantly faster than traditional sales.
- Buy as-is: There’s no need to repair or prepare your home for sale, saving you time and money.
- No contingencies: These sales typically do not involve financing, inspection, or sales contingencies, simplifying the process.
- Convenience: The sale process is straightforward, with minimal paperwork and no need for open houses or staging.
Cons:
While they are convenient, house-buying companies in Trussville typically offer below the market value for your home, which may not align with your financial goals.
- Lower offers: You are likely to receive an offer that is below market value, which could be significantly less than selling through traditional methods.
- Limited negotiation: The offers from these companies are generally firm, leaving little room for negotiation.
- Potential for scams: It’s essential to vet companies carefully as the industry can attract scams.
- Loss of potential profit: You may miss out on higher offers that could come from listing your property 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
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 Trussville home quickly
iBuyers: These digital-first entities use automated valuation models to make competitive, near-instant cash offers for homes in good condition. The iBuyer process is quick, often closing within a few days to two weeks. While companies like Opendoor and Offerpad can provide offers close to market value, they typically charge service fees of 5%-6%. Ideal for sellers in regions with homogeneous housing. iBuyers
Listing with an agent: Although slower than selling directly to house-buying companies, working with a real estate agent can yield higher returns, particularly in seller-friendly markets. Agents enhance sale prospects through strategic pricing and robust marketing. A significant advantage is receiving a comparative market analysis (CMA), which is often free and helps set an effective price by comparing your home to similar recently sold properties. If needed, agents can also secure cash offers close to market value. Considering this route? HomeLight can connect you with a top agent in your area.
FAQs on Trussville house-buying companies
By and large, most We Buy Houses for Cash companies in Trussville 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 Trussville 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 Trussville English Tudor could sell for $455,000 after repairs, but it will need $30,000 of work to get there.
($455,000 x .70) – $30,000 = $288,500
In this example, a Trussville We Buy Houses company might offer you around $288,500 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 Trussville 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 Trussville 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 Trussville vs. top Trussville 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 Trussville | Sell with a top Realtor in Trussville |
| Selling timeline | 7 to 30 days | 96 days average; 54 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 Trussville is worth about $450,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $475,000.
| Sell to a We Buy Houses for Cash company in Trussville | Sell with a top Realtor in Trussville | |
| Estimated sale price | ($475,000 x .70) – $25,000 = $307,500 | $450,000 |
| Market preparations | 0 | $4,500 (1% of sale price) |
| Agent commissions | 0 | $26,100 (5.8% of sale price) |
| Closing costs | 0 | $6,750 (1.5%) |
| Estimated take-home for seller | $307,500 | $412,650 |
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 and convenience: Selling your Trussville home to a house-buying company offers a fast and straightforward transaction, typically closing within days.
- As-is sale: You can sell your house in its current condition, avoiding the cost and time associated with repairs and renovations.
- Non-negotiable offers: Be prepared for firm offers that may be below market value, with little to no room for negotiation.
- Vetting is crucial: Thoroughly vet potential buyers to avoid scams and ensure you’re working with reputable companies.
- 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 Trussville agent.
Header Image Source: (Wollwerth/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.