We Buy Houses Vermont: 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 Vermont home quickly can be stressful, especially when making repairs isn’t feasible. We Buy Houses companies in Vermont offer a fast, all-cash solution, allowing you to purchase homes as-is and close in a matter of days.
A cash sale can simplify the process if you’re facing a tight deadline, an inherited property, or a pending foreclosure. These companies provide a convenient option for homeowners who lack the time, money, or expertise for repairs or upgrades.
This guide will discuss the pros and cons of selling to a We Buy Houses company in Vermont, helping you weigh your options and decide if this solution fits your needs.
Sell Your House Fast in Vermont With a Cash Offer
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Vermont area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Vermont
Selling your Vermont home to a house-buying company is designed to be a fast and straightforward process. These companies simplify the transaction by making as-is, cash offers, and managing the details for you. Here’s an easy-to-follow overview::
- Contact the company: Reach out to a house-buying company to share basic details about your property, such as location, size, and condition.
- Schedule a home assessment: The company will arrange a visit to evaluate your home in person or virtually to understand its condition and market value.
- Receive a cash offer: Based on the assessment, the company will present a no-obligation cash offer, often within 24-48 hours.
- Review and decide: Take the time you need to review the offer and decide whether it aligns with your goals.
- Sign the agreement: If you accept the offer, you’ll sign a purchase agreement to lock in the sale.
- Close and get paid: The company will handle the closing process, and you’ll receive your cash payment, often in as little as a week.
Popular We Buy Houses for Cash companies in Vermont
If the process of selling to a house-buying company in Vermont 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’ colonial or cape cod house. By selling to one of these companies, you should be able to sell your Vermont home in as little as a week or two.
Tanguay Homes Inc
Tanguay Homes, Inc. specializes in home construction and property buying. They offer fair pricing without hidden costs, a guaranteed price, and tailored services to out-of-area clients. Tanguay Homes prides itself on professionalism, quality craftsmanship, and a commitment to customer satisfaction.
Locations: Vermont and surrounding areas.
Closing costs: Sellers pay no closing costs; Tanguay Homes covers them.
Tanguay Homes boasts a 4.2-star rating on Google.
Website: tanguayhomes.com
Phone number: 802-334-6126
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Vermont (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 Vermont.
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 Vermont
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
Priority Home Buyers
Priority Home Buyers provides a fast, fair cash offer process, promising offers within one hour and closings in as little as seven days.
Locations: Nationwide, including Vermont
Closing costs: Sellers pay no closing costs; Priority Home Buyers cover them.
Priority Home Buyers has been accredited by the Better Business Bureau (BBB) since 2023 and holds an A rating. The San Bernardino chapter also has a 5.0 Google star rating.
Website: priorityhomebuyers.com
Phone number: 909-640-3797
Bigger Equity
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 as quickly as seven days.
Locations: BiggerEquity buys houses throughout Louisiana, including Vermont. 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.
Website: biggerequity.com
Phone number: 866-333-8377
CashToday Enterprises
CashToday Enterprises is a property solutions company specializing in helping homeowners sell their properties quickly and easily for cash. They aim to provide a stress-free and straightforward process, catering to individuals facing challenging circumstances such as foreclosure, inherited properties, or the need for a fast sale.
Locations: Serves across Vermont.
Closing costs: Sellers pay no closing costs; CashToday Enterprises covers them.
CashToday Enterprises holds a 5.0-star rating on Google based on numerous reviews.
Website: 800cashtoday.com
Phone number: 1-800-CASH-TODAY
Why sell your Vermont house for cash?
There are plenty of valid reasons a Vermont home seller may choose to work with a Cash-For-Homes company. The process is considerably faster than selling your home via the traditional market.
In Vermont, it typically takes around 76 days to sell a home on the market using an agent. That includes an average of 32 days on the market plus the typical 44 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 Vermont, 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 home for cash can be a smart solution when facing unique challenges or time constraints. House-buying companies make the process quick and easy, offering a good option for homeowners in situations like these:
- Job relocation: You need to sell your home quickly to move for a new job opportunity.
- Divorce: Selling your house for cash can help simplify the process during a divorce.
- Inherited property: You’ve received an inherited home you don’t need and want to sell without delay.
- Downsizing: You’re transitioning to a smaller space or retirement community and prefer a quick sale.
- Repairs: Your home needs significant repairs, but you lack the resources or time to address them.
- Open houses: You’d rather skip the hassle and privacy concerns of holding multiple open houses.
- Foundation issues: Major foundation problems make it difficult to sell your home through traditional methods.
- Foreclosure: You need to sell your home fast to avoid foreclosure and protect your credit.
- Tenants: Selling a rental property with tenants can be complex, but cash sales simplify the process.
- Selling from out of state: You live far away and need a hands-off solution to sell your home.
Pros and cons of house-buying companies in Vermont
House-buying companies offer a quick and straightforward way to sell your home, especially if time and convenience are top priorities. They buy homes in as-is condition, allowing you to skip repairs or preparations. Below is a summary of the key benefits and drawbacks.
Pros of working with house-buying companies
House-buying companies in Vermont offer unmatched speed and convenience. With no need to worry about repairs or contingencies, you can move forward quickly and stress-free. Here are the main advantages:
- Speedy sale: House-buying companies often close in as little as a week, making them ideal for homeowners needing a quick turnaround.
- As-is condition: Sell your home as-is without spending time or money on repairs, cleaning, or upgrades.
- No contingencies: Skip contingencies, such as appraisals or inspections, which can slow down or derail a traditional sale.
- Stress-free process: These companies handle the paperwork and logistics, eliminating much of the hassle of selling a home.
Cons of working with house-buying companies
While house-buying companies offer convenience, they come with trade-offs. The biggest drawback is the lower price you’ll receive compared to selling on the open market. Here’s a summary of the disadvantages:
- Below market value: Expect an offer significantly lower than market value since these companies prioritize quick resales and profits.
- Limited options: With no room for negotiation, their initial offer is typically a take-it-or-leave-it deal.
- Scams: Some companies operate less ethically, leaving homeowners vulnerable to scams or predatory practices.
- Less competition: Unlike selling on the market, there’s no competition to drive up your home’s price, potentially leaving money on the table.
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 Vermont home quickly
When speed is a priority, it’s important to explore all your options. Beyond house-buying companies, here are two alternatives to consider:
iBuyers
iBuyers, or instant buyers, use automated valuation models to make near-instant cash offers for homes in good condition. Companies like Opendoor and Offerpad offer quick closings, typically within a few days to two weeks. While their offers are closer to market value, they often charge service fees of 5%-6%. This option suits homes in regions with uniform housing and minimal repair needs. Learn more about the iBuyer process.
Listing with an agent
If your home is market-ready, a top real estate agent can help you sell quickly while maximizing your price. An agent will provide a comparative market analysis (CMA)—often free—to determine an optimal price and help market your home effectively. Many agents also connect sellers with cash buyers for fast offers. Explore how HomeLight can connect you with a proven agent in your area.
FAQs on Vermont house-buying companies
By and large, most We Buy Houses for Cash companies in Vermont 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 Vermont 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 Vermont colonial homes could sell for $423,000 after repairs, but it will need $30,000 of work to get there.
($423,000 x .70) – $30,000 = $266,100
In this example, a Vermont We Buy Houses company might offer you around $266,100 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 Vermont 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 Vermont 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 Vermont vs. top Vermont 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 Vermont | Sell with a top Realtor in Vermont |
| Selling timeline | 7 to 30 days | 76 days average; 32 to attract an offer, 44 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 Vermont is worth about $423,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $448,000.
| Sell to a We Buy Houses for Cash company in Vermont | Sell with a top Realtor in Vermont | |
| Estimated sale price | ($448,000 x .70) – $25,000 = $288,600 | $423,000 |
| Market preparations | 0 | $4,230 (1% of sale price) |
| Agent commissions | 0 | $12,690 (3%) |
| Closing costs | 0 | $6,345 (1.5%) |
| Estimated take-home for seller | $288,600 | $399,735 |
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 sales are possible: House-buying companies in Vermont offer quick, cash-based solutions that can help you sell your home in as little as a week.
- No repairs required: These companies buy homes in as-is condition, so you won’t need to spend time or money on repairs or upgrades.
- Convenience has a cost: Cash offers from these companies are typically below market value, meaning you might leave money on the table compared to selling traditionally.
- Explore your options: Alternatives like iBuyers and top real estate agents can also provide quick solutions, often at a higher price point.
- 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 Vermont agent.
Header Image Source: (Aditya Vyas/Unsplash)
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