4 of the Top We Buy Houses for Cash Companies in Asheville
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- 15 min read
- Sam Dadofalza Associate EditorCloseSam Dadofalza Associate Editor
Sam Dadofalza is an associate editor at HomeLight, where she crafts insightful stories to guide homebuyers and sellers through the intricacies of real estate transactions. She has previously contributed to digital marketing firms and online business publications, honing her skills in creating engaging and informative content.
Facing an unexpected job relocation? Inherited a North Carolina house you don’t wish to keep? “We Buy Houses” Asheville companies offer homeowners a fast way to sell and move on. While a traditional listing can take months to go from “active” to “pending,” closing on a sale to a cash buyer can take just a few days to a couple of weeks.
Partnering with a cash-for-homes company can also be an effective way to sell a house in need of significant repairs, like a roof replacement or foundation issues. If you lack the time, money, or expertise to get the house ready for sale, a “We Buy Houses” company will purchase your property in its current condition.
The downside to this arrangement is that these businesses tend to present cash offers that are below market value. This means you might leave money on the table compared to selling through a real estate agent on the open market.
In this article, we’ll break down the pros and cons of selling to a “We Buy Houses” company in Asheville. We’ll highlight some of the most credible cash buyers serving Western North Carolina and share alternative methods for a quick home sale. Armed with this knowledge, you can make a decision that best aligns with your situation and selling goals.
Working with We Buy Houses companies in Asheville
If you need to sell your Asheville house fast and easily, consider going with a house-buying company. They’ll purchase your property in as-is condition and close the sale in a matter of days or weeks. Here’s an overview of the steps involved in selling your home for cash:
1. Research companies: Start by looking into reputable house-buying companies in Asheville. Check their credibility, customer reviews, and track record to ensure you’re dealing with a trustworthy cash buyer.
2. Contact the company: Reach out to the company to express your interest in selling. You’ll typically fill out a form on their website or call them directly.
3. Schedule a home evaluation: The company will arrange a time to view your home. During this visit, they’ll assess the condition of your property to determine their offer.
4. Receive offer: After the evaluation, the company will make an all-cash offer. Most offers from these companies are final and are presented with a take-it-or-leave-it approach.
5. Accept and close: If you accept the offer, you can move forward with the closing process. If the title is clear, you could receive your cash in as little as a week.
6. Handle paperwork: The company usually handles all the necessary paperwork, making the process as smooth as possible for you. You’ll get the funds within 24 hours of closing via check or wire transfer.
Popular We Buy Houses companies in Asheville
Sold on the idea of a quick sale through a house-buying company in Asheville? Now it’s time to find a reliable one.
We’ve compiled a list of some of the top companies that will pay cash for your or your parents’ property, whether that’s a ranch-style or Cape Cod-style home. By partnering with one of these companies, you should be able to sell your Asheville home in as little as a week or two.
Asheville Cash Buyers
Asheville Cash Buyers is a locally owned real estate solutions company based in Asheville. The founder, Rodrigo Afanador, has been involved in over 300 real estate transactions in the area.
To get started, fill out the form on their website or give them a call. The team will set up a time to view your property and present a fair cash offer. If you accept, closing can take place in as few as 15 days or on the date of your choosing. Asheville Cash Buyers buys houses in any condition, and doesn’t charge any fees or commissions.
Locations: Asheville and anywhere in Henderson, Haywood, or Buncombe counties
Closing costs: Sellers pay no closing costs; Asheville Cash Buyers covers them.
Asheville Cash Buyers boasts a near-perfect Google review rating of 4.9 stars. It has received high praise for its efficient, straightforward service. Clients say their experience selling a home with the company exceeded expectations, highlighting a seamless process marked by professionalism and clear communication.
Sellers appreciated receiving a fair offer promptly, even for a property located outside the company’s typical service area. The team’s reliability and timely follow-through left a strong impression, making the overall transaction smooth and stress-free.
Although not accredited by the Better Business Bureau (BBB), Asheville Cash Buyers earned an A+ rating from the organization.
Website: ashevillecashbuyers.com
Phone number: 828-547-4544
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Asheville (and across the country) can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the US.
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 Asheville.
With this platform, 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 Asheville
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has received its BBB accreditation in 2019 and now proudly bears an impressive 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.
Website: homelight.com/simple
Phone: 844-488-8455
Dependable House Buyer
Dependable House Buyer is a family-owned real estate investment firm that has been serving Asheville and the greater Buncombe County area since 2017. Specializing in the purchase of residential properties in any condition and at any price point, they offer sellers a seamless, flexible experience.
Within 24 hours of contact, Dependable House Buyer can provide a fair, all-cash offer, with the ability to close in as little as seven days or on a timeline that best suits the seller’s needs. For homeowners open to alternative arrangements, such as accepting monthly payments or allowing the company to assume existing mortgage obligations, even more competitive offers may be available.
Locations: Asheville and anywhere in Buncombe County
Closing costs: Sellers pay no closing costs; Dependable House Buyer covers them.
Dependable House Buyer has been BBB-accredited since 2018 and boasts an A+ rating. Its Google Business Profile bears a high 4.6-star rating, reflecting positive customer testimonials. Most sellers highlight the team’s willingness to solve problems, consistent communication, and dependability.
Some commend how the company delivers on its promise of a smooth, stress-free selling experience, while others express appreciation for its ability to provide prompt cash offers and handle the process with efficiency and professionalism.
Website: dependablehousebuyer.com
Phone number: 828-713-3322
NC Cash Home Buyers
NC Cash Home Buyers is a Cary-based real estate investment company, locally owned and operated by a husband-and-wife team. Serving communities across North Carolina, it purchases a wide range of properties, including houses, condos, townhomes, duplexes, land, and mobile homes, regardless of condition or circumstances.
Sellers can easily request a competitive, no-obligation cash offer via the company’s website, phone, or text. NC Cash Home Buyers also pledges to exceed any legitimate offer presented by other “We Buy Houses” companies. With no fees or commissions involved, transactions can close in as little as 72 hours, providing a fast, efficient, and cost-free selling experience.
Locations: Statewide, including Asheville
Closing costs: Sellers pay no closing costs; NC Cash Home Buyers covers them.
NC Cash Home Buyers has a high 4.7-star rating on Google. Previous sellers commend the staff for their transparency, compassion, and non-pushy attitude. Some noted how the company went above and beyond to simplify the selling process and facilitated faster-than-expected closings.
The overall experience is frequently described as smooth and efficient, making it a trusted choice for those seeking a hassle-free real estate transaction.
Website: nccashhomebuyers.com
Phone: 919-283-5585
Why sell your Asheville house for cash?
Choosing to sell your Asheville home for cash can be a strategic decision, especially if you are facing certain challenges that make traditional selling methods less appealing.
In Asheville, selling a home on the open market using an agent typically takes around 98 days. That includes an average of 58 days on the market, from listing to signed contract, plus the typical 40 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 Asheville, 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.
These companies are growing in popularity, especially for sellers who do not have the typically required long weeks or months to prepare, market, and close on a traditional home sale. Here are some common scenarios where turning to a house-buying company might be the right move for you:
- Job relocation: If you need to move quickly for a new job opportunity, selling for cash can fast-track the process.
- Divorce settlement: Selling your home for cash can streamline the division of assets during a divorce, allowing you to settle matters quickly.
- Unwanted inheritance: Dealing with inherited property can be complicated and costly. A cash sale simplifies the process.
- Downsizing transition: Selling your current home for cash can make the move smoother for those looking to relocate to a smaller home or a retirement community.
- Major repairs needed: If your home is in poor condition and requires significant repairs, such as foundation issues, selling for cash can avoid the hassle of renovations.
- Open house stress: For those who value privacy or cannot accommodate open houses, selling directly to a cash buyer eliminates this step.
- Looming foreclosure: Selling for cash might prevent foreclosure and protect your financial future.
- Problematic tenants: Cash sales can resolve rental property issues without the need to evict tenants.
- Remote home sale: With a straightforward cash transaction, you can more easily manage the sale of your Asheville home from out of state.
If you’re a homeowner facing any of the situations outlined above, getting a cash offer from a “We Buy Houses” company in Asheville could be a practical option to explore. But remember, it’s just the first step in finding the best solution for your needs.
Pros and cons of house-buying companies in Asheville
Selling a home in Asheville can be a time-consuming process, especially if repairs or renovations are needed. “We Buy Houses” companies offer an alternative solution for homeowners who prioritize a quick sale and want to avoid the hassle of preparing their property for the market. However, it’s important to understand that these companies typically make cash offers below market value.
Here’s a rundown of the pros and cons of selling to a “We Buy Houses” company in Asheville:
Pros
- Quick closing: Transactions with cash buyers can close in as little as a week, allowing you to move on quickly.
- As-is sale: No need to spend money on repairs or upgrades because companies buy your home in its current condition.
- No contingencies: Sales rarely fall through due to financing issues or other contingencies, which is common in traditional sales.
- Simplified process: The entire transaction is straightforward, with less paperwork and no need for open houses or extensive marketing.
Cons
- Below-market-value offers: Offers from these companies are often significantly lower than what you might receive on the open market.
- Scam risks: It’s crucial to vet the company thoroughly, as the industry is susceptible to house-buying scams.
- Limited negotiation: The offer you receive is typically non-negotiable, leaving little room to maneuver if you’re unhappy with the terms.
- Perceived lack of control: Some sellers feel out of the loop in the sales process, as the company handles most aspects.
Vet cash buyers and know your home’s worth
When considering a sale to a “We Buy Houses for Cash” company in Asheville, it’s crucial to remember that the integrity and service level can vary greatly depending on who is making the offer. Your experience will largely depend on the character and professionalism of the buyers. Before committing to any cash offer, make sure to thoroughly vet the company.
Check online reviews, read testimonials from previous clients, and research how long they have been operating in the Asheville market. This due diligence ensures you are dealing with a reputable company. Additionally, take your time to carefully read through the buying agreement before signing. Understanding all the terms will help protect your interests during the sale.
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 it to your cash offer.
HomeLight can connect you with a top-performing agent in Asheville. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Asheville home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models to make near-instant cash offers on homes. They simplify the sales process through a mostly online platform, which usually concludes in a few days to a couple of weeks.
Major iBuyer companies like Opendoor and Offerpad offer competitive prices for homes in good condition, in areas with uniform housing. Be aware, though, that iBuyers often charge service fees of about 5% to 6%.
Listing with an agent
While slower than iBuyers, listing your property with an agent could still result in a quick sale, especially if it’s accurately priced and well-marketed. Agents provide valuable services like preparing a comparative market analysis (CMA). This report, often compiled for free, helps determine a competitive listing price.
An experienced agent could also leverage their network to find a cash buyer willing to pay closer to market value for your home. If you’re interested in working with an agent, HomeLight can connect you with two or three top-performing real estate professionals in Asheville.
FAQs on Asheville house-buying companies
By and large, most We Buy Houses for Cash companies in Asheville 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 BBB website. Watch for anything that just doesn’t seem right.
Most Asheville “We Buy Houses” companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV) 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 Asheville bungalow could sell for $490,000 after repairs, but it will need $30,000 of work to get there.
($490,000 x .70) – $30,000 = $313,000
In this example, an Asheville “We Buy Houses” company might offer you around $313,000 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 they 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 “We Buy Houses” company in Asheville, 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” 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, it’s always a good idea to ask the company if there are any hidden program fees that might impact your bottom line.
1. Research and vet the house-buying companies that serve Asheville. Our list above is a good place to start.
2. Submit offer requests to a few 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 Asheville vs. top Asheville agent
Another helpful exercise is to compare how a “We Buy Houses” 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 company in Asheville | Sell with a top Realtor in Asheville |
Selling timeline | 7 to 30 days | 98 days average; 58 to attract an offer, 40 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
Showings | None | 10 to 25 showings on 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 the 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% to 6% of the home’s sale price |
Closing costs | None | 1% to 3% of the home’s sale price on top of the 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” company and an agent-assisted sale.
Let’s say your home in Asheville is worth about $460,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $490,000.
Sell to a We Buy Houses company in Asheville | Sell with a top Realtor in Asheville | |
Estimated sale price | ($490,000 x .70) – $30,000 = $313,000 | $460,000 |
Market preparations | 0 | $4,600 (1% of the sale price) |
Agent commissions | 0 | $13,800 (3% of the sale price) |
Closing costs | 0 | $6,900 (1.5% of the sale price) |
Estimated take-home for seller | $313,000 | $434,700 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Selling your home to a “We Buy Houses” company in Asheville is typically faster than the traditional market.
- You can sell your property as-is without the need for repairs or upgrades.
- The sale involves fewer steps and less paperwork, making it less stressful.
- Be prepared to receive offers that may be below market value. It’s important to know your home’s worth to avoid accepting a lowball offer.
- Researching house-buying companies ensures you deal with reputable cash buyers and avoid potential scams.
- HomeLight’s Simple Sale platform provides no-obligation, all-cash offers for homes in any condition in Asheville. With a range of partner investors, it’s an ideal starting point to find potential buyers for your home.
The process of selling your home shouldn’t be rushed — take your time to gather multiple offers from “We Buy Houses” companies that serve the Asheville market. You should also speak to a top Asheville agent to find out how fast and for how much your home might sell on the open market. This way, you can compare all your options and make the best choice for your situation.
Whether you choose an instant cash offer from an investor linked to a platform like Simple Sale or expert selling advice from a top-performing real estate agent, HomeLight can help you navigate real estate complexities so you can make an informed and confident decision.
Editor’s note: This post is for educational purposes only. Links to and mentions of Asheville area ‘We Buy Houses’ companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
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