We Buy Houses Cary: Top 5 Companies
- Published on
- 15 min read
-
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.
Selling your home quickly can be challenging, especially if it needs repairs. That’s where We Buy Houses Cary companies step in, offering all-cash deals that let you skip the hassle of fixing up your property.
A cash sale is a fast-track solution for those who might not have the time, expertise, or funds to make necessary repairs. Whether you’re facing an unexpected relocation or want to move on from your property quickly, these companies can help you get cash without delay.
In this guide, we’ll explore the pros and cons of selling to a cash-for-homes company, outline how the process works, and provide alternatives. By the end, you’ll have the information you need to weigh your options and make the best choice for your situation.
Working with house-buying companies in Cary
Selling for cash in Cary can save you time and effort compared to listing on the open market. House-buying companies simplify the process, often purchasing homes as-is. Here’s a quick overview of the process of selling your home for cash:
- Contact a company: Reach out to a reputable We Buy Houses company in Cary to express your interest in selling.
- Provide property details: Share basic information about your home, including its condition, location, and any necessary repairs.
- Schedule a visit: The company will arrange a time to visit your property for an assessment and to determine its value.
- Receive an offer: After evaluating your home, the company will present you with a no-obligation, all-cash offer.
- Accept the offer: If the offer meets your needs, you can accept it and move forward with the sale.
- Close the deal: Choose a closing date that works for you, often in as little as a week, and receive your cash payment.
Popular We Buy Houses for Cash companies in Cary
If the process of selling to a house-buying company in Cary 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 Cape Cod or Colonial Revival style.
By working with one of these companies, you should be able to sell your Cary home in as little as a week or two.
NC Cash Home Buyers
NC Cash Home Buyers offers a fast and practical solution for those looking to sell houses or land without the usual delays. Serving property owners across North Carolina, the company evaluates each property based on condition and market trends to extend strong, competitive cash offers.
Their team is dedicated to delivering a smooth experience from start to finish, without the need for agents, repairs, or drawn-out negotiations. In many cases, transactions are completed in as little as 48 to 72 hours.
Locations: Throughout North Carolina, including Cary
Closing costs: Sellers pay no closing costs; NC Cash Home Buyers covers them.
Reflecting the trust of its customers, NC Cash Home Buyers has earned a 4.7-star rating on Google. Clients share that the team brings a high level of professionalism and expertise, making the home-selling process feel easy and stress-free.
Their strong communication skills and local market knowledge stand out. Many appreciate the personable approach and confidence the team brings to every interaction, often noting how refreshing it is to work with professionals who truly know their craft.
Website: nccashhomebuyers.com
Phone number: 919-283-5585
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Cary (and across the country) can request a cash offer for their home. It features 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 Cary. With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Cary
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 been accredited by the Better Business Bureau (BBB) since 2019 and proudly maintains 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
Easy Sale Home Buyers
Easy Sale Home Buyers, based in Raleigh, purchases properties in their current condition. Homeowners can avoid repairs, staging, or cleanup, saving valuable time and money.
The team provides personalized support and typically responds to inquiries within 24 to 48 hours to discuss available options. Closings can occur in as few as seven days, giving sellers a quick and flexible way to move forward.
Locations: Raleigh, Cary, and nearby areas
Closing costs: Sellers pay no closing costs; Easy Sale Home Buyers covers them.
Known for its ethical business practices, Easy Sale Home Buyers earned an A+ rating from the BBB. Customer reviews on Google are mostly positive, generating an average rating of 5 stars. Past customers report a smooth, fast, and reliable selling experience with the company. They commend the team’s clear communication and follow-through on every agreement.
The process is handled professionally, making it easy for sellers to feel confident. Many appreciate how the team keeps them informed throughout closing and say they would gladly work with the company again for future home sales.
Website: easysalehomebuyers.com
Phone number: 919-887-8452
NC HomeBuyers
NC HomeBuyers is a homebuying company serving homeowners who need a fast and reliable way to sell their property. Whether the home was inherited, left vacant, part of a divorce, or simply in need of costly repairs, the company offers a straightforward alternative to traditional listings. Sellers avoid paying thousands in commissions and skip the hassle of showings, cleaning, or agent fees.
Locations: Raleigh, Cary, Durham, Apex, and surrounding areas
Closing costs: Sellers pay no closing costs; NC HomeBuyers covers them.
Accredited by the BBB since 2022, NC HomeBuyers holds an A+ grade from the bureau. Its Google Business Profile has earned a 4.7-star rating. Clients say NC Homebuyers makes the home-selling process simple and stress-free, thanks to a friendly, responsive team that keeps things moving.
Communication is clear, honest, and helpful throughout the entire process. Many appreciate how smoothly everything goes, from the first conversation to closing, and say they’d gladly work with the team again.
Website: nchomebuyers.org
Phone number: 919-296-4888
Wake County Home Buyers
Wake County Home Buyers is a locally operated real estate company founded by Mike Otranto. After a homeowner reaches out, the team promptly discusses the situation and can present a cash offer within 24 hours. Known for their transparency and responsiveness, they aim to make the home-selling process in Wake County as simple and stress-free as possible.
Locations: Wake County and nearby areas, including Cary
Closing costs: Sellers pay no closing costs; Wake County Home Buyers covers them.
Respected for leading with transparency and integrity, Wake County Home Buyers has been BBB accredited since 2016 and holds an A+ rating. Its Google Business Profile reflects a 5-star Google rating, with past sellers saying that the process was refreshingly simple and stress-free compared to others. Many appreciate how the team does their homework, keeps things low-pressure, and follows through quickly.
Website: mikeotranto.com
Phone number: 919-473-6885
Why sell your Cary house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Cary, selling a home on the open market using an agent typically takes around 69 days. That includes an average of 28 days on the market, from listing to signed contract, plus the usual 41 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 Cary, 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 Cary house for cash can be appealing if you’re in a situation where a quick, hassle-free sale is ideal. Here are some scenarios where working with a house-buying company could be the right choice:
- Unwanted inheritance: If you’ve inherited a home you don’t want to maintain or live in, a cash buyer can help you quickly offload the property.
- Job relocation: When you’re relocating for a job and need to move fast, a cash sale can streamline the process and let you focus on your new opportunity.
- Foreclosure solution: If foreclosure is on the horizon, selling your home for cash can provide a swift resolution and help protect your credit.
- Costly repairs: Cash buyers let you sell your home as-is, so you don’t have to spend on repairs. This is especially beneficial for sellers with homes in poor condition.
- Divorce settlement: A fast cash sale can make dividing property during a divorce easier.
- Foundation issues: Unlike traditional homebuyers, cash buyers are often willing to purchase homes with foundation problems.
- Remote home sale: When you’re managing a sale from out of state, working with a house-buying company can offer a quicker, simpler solution, removing the need to travel back and forth.
- Problem tenants: If you have difficult tenants and want to avoid the hassle of eviction, a cash buyer can take the property off your hands.
- Open house inconvenience: If you want to skip the hassle of open houses and showings, a cash sale can offer a more private and expedient option.
- Downsizing transition: If you’re ready to downsize and move to a smaller home, selling for cash can help you make the transition quickly.
Pros and cons of house-buying companies in Cary
Working with a house-buying company in Cary has its advantages and disadvantages. It’s important to understand both to make an informed decision.
Here are some of the key benefits to consider:
- Quick sale: Receive an offer within 24 to 48 hours and close in as little as a week, helping you move on faster.
- No repairs needed: Sell your house as-is. There’s no need to invest in costly repairs or worry about fixing up your home.
- No contingencies: Skip the contingencies that can delay or complicate a traditional sale, such as inspections or financing approvals.
- Minimal effort: Avoid the hassle of preparing your home for showings, open houses, or marketing efforts.
However, there are some drawbacks to consider when selling to a house-buying company. The biggest is the potential loss of profits compared to listing with a real estate agent. Here are some of the main downsides:
- Lower offer: Expect to receive less than you would through a traditional sale, as these companies need to make a profit on the resale.
- Scam risks: Some entities pose as cash buyers, but actually operate house-buying scams. Vet each potential partner thoroughly before committing to a cash offer.
- Limited negotiation: Most offers are take-it-or-leave-it, with little room for negotiating the price or terms of the sale.
- Lack of market competition: Selling to a house-buying company means you won’t benefit from multiple buyers competing for your home, and driving up the price in a traditional sale.
Vet cash buyers and know your home’s worth
Not all cash buyers offer fair deals, so it’s crucial to do your homework. Knowing your home’s value can protect you from selling for less than it’s worth.
- Research market presence: Investigate how long the company has been in business and how many transactions they’ve completed. A well-established company is often more reliable.
- Verify credentials: Ensure the company is registered and in good standing with the BBB or other local regulatory bodies. This adds a layer of credibility.
- Check reviews and testimonials: Look up the company online to see what past clients have to say about their experiences. Honest feedback can give you insight into the company’s reputation.
- Read the agreement carefully: Before signing anything, review the buying agreement in detail. Make sure you understand all terms and conditions, and don’t hesitate to ask questions about anything unclear.
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 Cary. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Cary home quickly
Working with instant buyers or iBuyers: iBuyers, like Opendoor and Offerpad, use automated valuation models (AVMs) to provide near-instant home value estimates. They offer an all-cash sale typically closer to market value and can close in just a few days to two weeks. However, expect to pay service fees of around 5% to 6% of the home’s sale price. iBuyers work best for homes in good condition in homogeneous markets.
Listing with an agent: Though not as quick as a cash sale, working with a top real estate agent can lead to a faster sale if your home is in a seller-friendly market. Agents can provide a comparative market analysis (CMA) to help set a competitive listing price. Many agents offer CMAs for free.
Additionally, experienced agents may connect you with cash buyers who are willing to pay closer to market value. If you’re interested in this route, HomeLight can connect you with a top-performing agent in your area.
FAQs on Cary house-buying companies
By and large, most We Buy Houses for Cash companies in Cary 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 Cary 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), then deduct 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 Cary Cape Cod could sell for $645,000 after repairs, but it will need $30,000 of work to get there.
($645,000 x .70) – $30,000 = $421,500
In this example, a Cary We Buy Houses company might offer you around $421,500 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 they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a Cary We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, 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 Cary 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 Cary vs. top Cary 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 Cary | Sell with a top Realtor in Cary |
Selling timeline | 7 to 30 days | 69 days average; 28 to attract an offer, 41 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 and 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’s 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 Cary is worth about $615,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $645,000.
Sell to a We Buy Houses for Cash company in Cary | Sell with a top Realtor in Cary | |
Estimated sale price | ($645,000 x .70) – $30,000 = $421,500 | $615,000 |
Market preparations | 0 | $6,150 (1% of the sale price) |
Agent commissions | 0 | $18,450 (3% of the sale price) |
Closing costs | 0 | $9,225 (1.5% of the sale price) |
Estimated take-home for seller | $421,500 | $581,175 |
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
- Speedy, convenient transaction: House-buying companies in Cary offer a quick and hassle-free way to sell your home, often closing in as little as a week.
- As-is purchase: These companies will purchase your home in any condition, so you don’t need to worry about making repairs or renovations.
- Lower offers: Expect to receive a lower price than market value since these companies need to resell the property for a profit.
- Due diligence: It’s important to vet each company thoroughly to avoid scams and ensure you’re working with a reputable buyer.
- Property value insights: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
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 Cary agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Cary 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: (sepavone / Unsplash)