4 Top We Buy Houses for Cash Companies in Bowling Green
- Published on
- 15 min read
-
Joseph Gordon EditorClose
Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re a Kentucky homeowner who needs to sell your property quickly, you might be curious about “We Buy Houses” Bowling Green companies. These companies present all-cash offers for homes, typically those that require some renovations.
These companies can be a good fit for homeowners who don’t have the time or money to invest in lengthy or expensive repairs or simply need to sell their property in a matter of days.
Sell Your House Fast in Bowling Green 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 Bowling Green.
Whether you’re relocating for a job, dealing with financial challenges, or handling a family estate, these all-cash transactions can be a lifesaver.
This post will explore the advantages and disadvantages of working with house-buying companies in Bowling Green. We will also show you how the process works and provide you with some alternatives.
Working with house-buying companies in Bowling Green
Working with a Bowling Green cash-for-homes company can be straightforward and fast. Here’s an overview of the process of selling your home for cash:
- Research local companies: Start by looking up reputable cash home buyers in Bowling Green. Check their reviews and track record to ensure they are reliable.
- Contact the company: Contact the company to express your interest in selling. Provide them with basic information about your property to start the process.
- Receive an offer: The company will typically send someone to assess your home and present an all-cash offer based on its current condition. Remember, these offers are usually non-negotiable.
- Review the offer: Take some time to consider the offer. It’s important to ensure that it aligns with your needs and the market value of your property.
- Close the sale: If you accept the offer, the company will handle most of the paperwork and can often close the deal in as little as a week.
Popular We Buy Houses for Cash companies in Bowling Green
If the process of selling to a house-buying company in Bowling Green 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’ property, whether that’s a Foursquare or a Cape Cod. By selling to one of these companies, you should be able to sell your Bowling Green home in as little as a week or two.
Revivalist Homes
Revivalist Homes upholds integrity, treats clients ethically, and approaches every transaction with clarity and transparency. Specializing in purchasing homes for cash, it caters to homeowners regardless of the property’s condition.
By simply calling or completing a short form, sellers can receive a property evaluation and a fair cash offer within 24 hours. The house-buying company is committed to closing on the seller’s preferred timeline, whether a quick sale is needed or extra time is required for a smooth transition. Its process is designed to eliminate stress and uncertainty, offering both speed and convenience.
Locations: Bowling Green and surrounding areas, such as Franklin, Scottsville, Brownsville, Russellville, Glasgow, Owensboro, Elizabethtown, Smiths Grove, and Morgantown
Closing costs: Sellers pay no closing costs; Revivalist Homes covers them.
Revivalist Homes has been accredited by the Better Business Bureau (BBB) since 2022 and holds an A+ rating. Clients share positive experiences, highlighting the ease, simplicity, and personal touch the teams bring to the process. With several praises from customers, the house-buying company has earned a perfect 5-star Google rating.
Website: revivalisthomes.com
Phone number: 270-799-2409
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bowling Green (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 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 Bowling Green.
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 Bowling Green
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 BBB accreditation and now proudly holds 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.
Website: homelight.com/simple
Phone: 844-488-8455
Cash Offer Kentucky
Cash Offer Kentucky is a homebuying company dedicated to providing sellers with fair, satisfying offers and peace of mind throughout the sales process. It takes a client-first approach, tailoring each transaction to meet individual needs and reduce the stress of selling a home.
Whether that means allowing extra time in the property, assisting with moving expenses, or helping resolve tenant issues, the company goes the extra mile. Cash Offer Kentucky holds itself to high ethical standards, striving to ensure fairness in every deal.
Locations: Statewide, including Bowling Green
Closing costs: Sellers pay no closing costs; Cash Offer Kentucky covers them.
Cash Offer Kentucky has been BBB accredited since early 2021. Clients say the team offers exceptional support during emotionally challenging times, particularly when selling inherited property. Many appreciate their expertise in handling estate-related transactions and the efficiency with which they navigate the process.
Sellers frequently highlight the company’s ability to close quickly, often within days, while maintaining a professional and compassionate approach that makes the experience as seamless and stress-free as possible. Cash Offer Kentucky has a perfect 5-star Google review rating.
Website: cashofferky.com
Phone number: 502-706-6876
We Buy Houses Bowling Green
Founded in 1997, WeBuyHouses.com operates in over 200 markets across 30 states, purchasing residential properties in any condition. The company has helped over one million homeowners, offering tailored solutions for a wide range of situations. The prominent house-buying company can present a cash offer even to those behind on mortgage payments or facing foreclosure.
Locations: Nationwide, including Bowling Green
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
WeBuyHouses.com has been BBB accredited since 2020 and has an A+ rating. Its Google review ratings vary across different locations. In general, clients say the team delivers a seamless and supportive selling experience, especially for those looking to sell a property “as is.” Many commend their professionalism, clear communication, and thoughtful guidance throughout the process.
Website: webuyhouses.com
Phone number: 877-932-8946
Why sell your Bowling Green house for cash?
Is selling your Bowling Green home for cash the right move for you? Sellers will often point to the overall ease of the process, the speed at which their home was sold, and the certainty of sale as the main reasons they chose this method.
In Bowling Green, selling on the open market using an agent typically takes around 112 days. This includes an average of 72 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 Bowling Green, 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 of the most common reasons why you might want to sell your home to a We Buy Houses company:
- Job relocation: If you need to move quickly for a new job opportunity, selling for cash means a faster closure without delays.
- Divorce settlement: In the midst of a divorce, you might need to liquidate your assets quickly. Selling your home for cash can simplify this process.
- Unwanted inheritance: Managing an inherited property can be complex, and selling it for cash offers an uncomplicated resolution.
- Downsizing transition: When it’s time to downsize, selling your home for cash can be a quick way to transition to a smaller, more manageable living space.
- Significant repairs needed: If your home is in poor condition and requires extensive repairs, selling it as-is for cash can avoid the cost and effort of renovations.
- Open house stress: For those who value privacy, selling directly to a cash buyer eliminates the need for open houses and numerous showings.
- Foundation issues: Homes with serious structural problems, like foundation issues, can still be sold quickly to cash buyers.
- Foreclosure solution: If you’re at risk of foreclosure, a quick cash sale can help settle debts and save your credit score.
- Existing tenants: Selling a rental property with tenants can be tricky, but cash buyers often buy properties with tenants in place.
- Remote home sale: For homeowners who live out of state, selling a property for cash offers a hassle-free way to manage the sale from afar.
Pros and cons of house-buying companies in Bowling Green
When considering selling your home to a house-buying company in Bowling Green, it’s important to weigh the pros and cons. Here’s a quick look at both:
Pros:
The biggest advantages of working with a house-buying company in Bowling Green are the speed of the sale and the ability to sell your home as-is. Here’s a quick overview of the key benefits:
- Fast closing: Companies can close on your property in as little as a week, which is ideal for urgent situations.
- No repairs needed: You can sell your house in its current condition, avoiding the time and expense of making repairs.
- Simple transaction: The sales process is straightforward, with minimal paperwork compared to traditional real estate sales.
- No contingencies: Selling to a cash buyer typically involves fewer contingencies, which can streamline the selling process.
Cons:
The most significant drawback of selling to a house-buying company in Bowling Green is receiving an offer that is below market value. Here’s a quick overview of the key downsides:
- Lower offers: You will likely receive less money than you would from selling through a real estate agent on the open market.
- Limited negotiation: Offers from cash buyers are typically take-it-or-leave-it, giving you little room to negotiate.
- Scam risks: It’s essential to verify the credibility of the house-buying company to avoid any scams.
- Loss of competitive bidding: Selling directly to a buyer removes the potential for multiple offers that could drive up the price.
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
When considering a cash offer for your home in Bowling Green, it’s crucial to know who you’re dealing with and what your property is truly worth. Here are some steps to ensure you’re making a well-informed decision:
- Research the company: Thoroughly investigate the house-buying company. Check their reviews online, read testimonials from past sellers, and assess their market presence to gauge their reliability and service quality.
- Understand the offer: Before accepting any cash offer, make sure you understand how it compares to your home’s current market value. This knowledge can prevent you from selling at too low a price.
- Read the agreement: Carefully review the buying agreement. Look for any terms that might not be in your favor, such as unexpected fees or clauses that limit your ability to back out.
- Seek advice: Consider consulting with a real estate professional or a legal expert to help interpret the buying agreement and ensure the terms are clear and beneficial to you. An experienced local agent can also give you a better idea of what your home might be worth if sold on the open market.
With this insight, you can compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Bowling Green home quickly
Exploring alternative fast sale options can provide you with a broader perspective and potentially more favorable outcomes.
- Working with instant buyers or iBuyers: Companies like Opendoor and Offerpad use automated valuation models to quickly offer market-value prices for homes in good condition. The process is streamlined, taking only days to weeks. However, major iBuyer companies typically charge service fees of 5% to 6%.
- Listing with an agent: Partnering with a top real estate agent might lead to a quick sale if your property is competitively priced and well-marketed. Agents can provide a comparative market analysis (CMA), often free, to help you set the right price and connect with potential cash buyers. HomeLight can connect you with leading agents in your area.
FAQs on Bowling Green house-buying companies
By and large, most We Buy Houses for Cash companies in Bowling Green 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.
As described in our pros and cons list above, most Bowling Green We Buy Houses for Cash 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 Bowling Green Cape Cod could sell for $290,000 after repairs, but it will need $30,000 of work to get there.
($290,000 x .70) – $30,000 = $173,000
In this example, a Bowling Green We Buy Houses company might offer you around $173,000 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 Bowling Green 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 Bowling Green area. Our list above is a good place to start.
- Submit offer requests to a few 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 Bowling Green vs. top Bowling Green 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 Bowling Green | Sell with a top Realtor in Bowling Green |
| Selling timeline | 7 to 30 days | 112 days average; 72 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 for Cash company and an agent-assisted sale.
Let’s say your home in Bowling Green is worth about $260,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $290,000.
| Sell to a We Buy Houses for Cash company in Bowling Green | Sell with a top Realtor in Bowling Green | |
| Estimated sale price | ($290,000 x .70) – $30,000 = $173,000 | $260,000 |
| Market preparations | 0 | $2,600 (1% of the sale price) |
| Agent commissions | 0 | $7,800 (3% of the sale price) |
| Closing costs | 0 | $3,900 (1.5% of the sale price) |
| Estimated take-home for seller | $173,000 | $245,700 |
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
- Fast process: Selling your home to a house-buying company in Bowling Green can be much faster than traditional real estate transactions.
- As-is sale: You can sell your home in its current condition without worrying about repairs or renovations.
- Simple terms: Cash sales typically involve straightforward terms with fewer contingencies.
- Potential lower offers: Be prepared that these companies often offer less than the market value of your home.
- Home valuation: Always know your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to help you navigate 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 Bowling Green agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Bowling Green 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.
Header Image Source: (cboswell / 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.
