We Buy Houses Destin, FL: Top 4 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.
If you’re a Florida homeowner needing to sell quickly, you might be considering a “We Buy Houses” Destin, FL company. These cash-for-homes firms make all-cash offers, particularly appealing if your property needs repairs or updates. With a quick cash sale, you avoid the need for costly fixes and can receive proceeds without delay.
Selling to a cash buyer can be a practical option when faced with an unexpected or urgent situation. Whether relocating, handling financial challenges, or managing inherited property, working with a cash-for-homes company could allow you to move forward with your plans faster than a traditional sale.
In this guide, we’ll discuss the benefits and potential drawbacks of selling to a cash buyer in Destin. We will also provide you with a list of companies worth considering and explain how the process works.
Sell Your House Fast in Destin 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 7 days. No showings, no repairs, no open houses. Available to sellers throughout Destin, FL.
Working with house-buying companies in Destin
Selling your house to a cash buyer in [location] can cut out the delays of the traditional market. House-buying companies offer a direct path to closing, often within days. Let’s walk through the process of selling your home for cash:
- Contact the company: Reach out to a local house-buying company to discuss your property and your selling goals.
- Provide property details: Share basic information about your home, including its age, condition, and any unique features that may impact its value.
- Schedule a home assessment: The company will set up a time to view your property, either in person or virtually, to assess its condition.
- Receive a cash offer: Following the assessment, the company will make a no-obligation cash offer based on your home’s value and market factors.
- Review the offer: Take time to review the terms and confirm if the offer aligns with your needs and timeline.
- Accept and close: If you accept, the company will handle the paperwork and closing, often within a few days, allowing you to move forward quickly.
Popular We Buy Houses for Cash companies in Destin
If the process of selling to a house-buying company in Destin 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 Coastal Contemporary or a Mediterranean-style home. By working with one of these companies, you should be able to sell your Destin home in as little as a week or two.
JNL Solutions, Destin
JNL Solutions specializes in cash purchases of homes, ensuring a seamless and efficient process from beginning to end. Clients can expect a straightforward experience with no requirements for repairs, property showings, or involvement of real estate agents.
The company is committed to simplifying the home-selling journey and minimizing stress for sellers. With the ability to close transactions in as little as seven days, JNL Solutions offers a fast and reliable solution for homeowners seeking quick sales.
Locations: Destin and other key areas, such as Fort Walton Beach, Crestview, and Navarre
Closing costs: Sellers pay no closing costs; JNL Solutions covers them.
Recognized for adhering to ethical business practices, JNL Solutions earned an A+ rating from the Better Business Bureau (BBB). It has a 5.0-star rating on Google, supported by over 20 reviews. Most reviewers emphasize the company’s reliability and integrity throughout the transaction.
Some share that JNL Solutions provided a practical solution during a sudden move, eliminating the need for time-consuming renovations. They highlight the speed of the closing process, which allowed them to secure a larger down payment on a new property. Many feel the offer was fair when considering potential closing expenses and future mortgage interest.
Website: jnlsolutionsibuyhouses.com
Phone number: 850-696-7981
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Destin (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 Destin.
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 Destin
Closing costs: HomeLight does not charge prep costs, agent commissions, or fees. 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 BBB accredited since 2019 and now holds 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
Quality Properties of Northwest Florida LLC
Quality Properties of Northwest Florida, headed by Kamal Mohammad, is a Pensacola-based real estate investment company. Founded in 2014 with an emphasis on affordable rental housing, the firm broadened its services in 2018 to include a cash home-buying option. It delivers competitive offers within 24 hours and accommodates the seller’s preferred closing date, ensuring a quick and adaptable selling process.
Locations: Throughout Florida, including Destin
Closing costs: Sellers pay no closing costs; Quality Properties of Northwest Florida LLC covers them.
Quality Properties of Northwest Florida is recognized for its integrity, holding BBB accreditation since 2018 with an A+ rating. The firm has earned an average 5-star rating on Google, demonstrating strong customer satisfaction.
Clients often mention that the company provided exceptional support during difficult periods. They valued the team’s prompt responsiveness, generosity, and the ease of the entire process. The offers enabled sellers to move forward from long-held homes with confidence, feeling fully supported throughout.
Website: qualitypropertiescashbuyer.com
Phone number: 850-346-4995
We Buy Houses, Destin
WeBuyHouses.com, established in 1997, is a major real estate investment firm operating in over 200 markets across 30 states, purchasing homes in any condition. With the trust of more than one million homeowners, the company is recognized for its reliable service and ability to make competitive cash offers, even in tough situations like mortgage arrears or foreclosure threats.
Offers are made within 24 hours of initial inquiry, and closings typically occur within 7 to 14 days, delivering a fast and hassle-free selling process for those seeking a quick sale.
Locations: Nationwide, including Destin
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them
WeBuyHouses.com is recognized for its ethical approach, holding BBB accreditation since 2020 with an A+ rating. Its Google Business Profile shows a 3.7-star average, indicating varied customer feedback.
Many customers praise the company with five-star reviews and overall positive experiences. However, some have expressed issues with phone interactions, pointing out a lack of formal introductions and a casual tone that made the calls feel less professional.
Website: webuyhouses.com
Phone number: 850-929-5255
Why sell your Destin 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 Destin, selling a home on the open market using an agent takes around 146 days. That includes an average of 105 days on the market, from listing to signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to ten days promised by many Destin house-buying companies, 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 considering a cash sale for your Destin home, you might be facing a situation that requires a fast, straightforward solution. Here are some examples of when it might make sense to sell your home for cash:
- Job relocation: Moving for work can be time-sensitive, and a cash sale helps you settle quickly without the stress of listing.
- Divorce settlement: In a divorce, selling your home fast can provide both parties with closure and a clean financial split.
- Unwanted inheritance: If you’ve inherited a home you don’t intend to keep, a cash buyer offers a fast way to move forward.
- Downsizing transition: Working with a house-buying company can simplify the move to a smaller home, providing you with the funds you need and removing the hassle of a lengthy traditional sale.
- Major repairs: When your home is in poor condition, selling for cash lets you avoid repair expenses and sell “as-is.”
- Open house stress: Skip the hassle and exposure of frequent showings and open houses by accepting a cash offer.
- Structural damage: Foundation problems can deter traditional buyers, but cash buyers often purchase homes with structural challenges.
- Foreclosure risk: Selling to a cash buyer can help you avoid foreclosure and protect your credit standing.
- Tenant complications: If you own a rental property with problematic tenants, a cash sale lets you transfer the issue to the buyer.
- Remote home sale: Selling a home from out of state can be challenging, but a cash offer streamlines the process without the hassle of traveling back and forth.
Pros and cons of house-buying companies in Destin
House-buying companies in Destin offer a range of benefits and drawbacks that are helpful to know before deciding. Let’s take a look at the main advantages and disadvantages of working with one of these cash-for-homes companies.
Pros
Selling to a house-buying company in Destin has significant benefits, including speed and ease. These companies purchase your house as-is, meaning you don’t have to make repairs, stage, or list your home, which can save time and effort.
- Quick sale: Cash offers allow you to close quickly, often within days, making it ideal if you’re facing an urgent situation.
- As-is deal: House-buying companies let homeowners sell as-is, so you can skip repairs or improvements, saving money and time.
- No contingencies: With no financing or inspection contingencies, you reduce the risks of delays or the sale falling through.
- Convenient transaction: This streamlined process means less work on your end since the company handles most of the paperwork and logistics.
Cons
The biggest drawback to working with a Destin house-buying company is that you may have lower profits compared to listing with a real estate agent on the open market. Here’s a breakdown of the disadvantages:
- Lower price: Cash buyers typically offer less than market value, so you may not maximize your proceeds from the sale.
- No chance to negotiate: Most cash offers are firm, take-it-or-leave-it deals, which means you likely won’t be able to negotiate for a higher price.
- Fewer options: By going with a cash offer, you miss out on the potential to receive multiple offers from buyers competing for your home.
- Scam risks: Some companies can be unreliable or even fraudulent. Avoid scams by thoroughly researching any cash buyer.
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 proceeding with the sale, take these steps to ensure you’re dealing with a reputable buyer:
- Research the buyer: Check online reviews and testimonials to gauge the company’s reputation. A reliable buyer should have a solid track record and positive feedback from previous sellers.
- Understand market value: Know your home’s market value by comparing it with similar properties in Destin. This knowledge will help you assess whether the cash offer is fair.
- Examine the agreement: Read the buying agreement carefully before signing. Ensure you understand all terms and conditions to avoid any surprises later.
- Seek professional advice: Consider consulting with a real estate attorney or an experienced agent to review the offer and agreement. This step can provide an extra layer of security and ensure that your interests are protected.
An experienced local agent can give you a better idea of what your home might be worth if sold on the open market. With this, you can compare your cash offer. HomeLight can connect you with a top-performing agent in Destin. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Destin home quickly
For homeowners looking to sell quickly, there are additional options beyond house-buying companies.
Working with iBuyers:
iBuyers, such as Opendoor and Offerpad, offer a fast, mostly online sale process using automated valuation models (AVMs) to estimate home values. These companies typically make cash offers closer to market value for homes in good condition, with closing timelines from a few days to two weeks.
Keep in mind, however, that major iBuyer companies often charge service fees around 5% to 6% of the home’s sale price, which can impact your net proceeds.
Listing with an agent:
Although working with an agent might not seem like a quick-sell option, top real estate agents can deliver fast results, especially when homes are strategically priced and well-marketed. An agent can also provide a comparative market analysis (CMA), often for free, which helps determine a competitive listing price to attract buyers quickly.
An agent could help you fetch a higher sale price, and if desired, may connect you with cash buyers willing to pay closer to market value. HomeLight can match you with a top-performing agent in your area if you’re interested in exploring this option.
FAQs on Destin house-buying companies
By and large, most We Buy Houses for Cash companies in Destin 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 Destin 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 Destin Mediterranean Architecture could sell for $620,000 after repairs, but it will need $30,000 of work to get there.
($620,000 x .70) – $30,000 = $404,000
In this example, a Destin We Buy Houses company might offer you around $404,000 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 the market value while charging a fee for their services.
When you accept an offer from a Destin 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, it’s always a good idea to ask the company if any hidden program fees impact your bottom line.
- Research and vet the house-buying companies that serve your Destin 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 Destin vs. top Destin 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 Destin | Sell with a top Realtor in Destin |
| Selling timeline | 7 to 30 days | 146 days average; 105 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 Destin is worth about $590,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $620,000.
| Sell to a We Buy Houses for Cash company in Destin | Sell with a top Realtor in Destin | |
| Estimated sale price | ($620,000 x .70) – $30,000 = $404,000 | $590,000 |
| Market preparations | 0 | $5,900 (1% of the sale price) |
| Agent commissions | 0 | $17,700 (3% of the sale price) |
| Closing costs | 0 | $8,850 (1.5% of the sale price) |
| Estimated take-home for seller | $404,000 | $557,550 |
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 Destin offer a fast, straightforward sale, often closing in as little as a few days.
- As-is deals: These companies buy homes in any condition, so you don’t have to worry about repairs, staging, or inspections.
- Lower sale price: Cash offers from house-buying companies are typically below market value.
- Limited flexibility: Cash-for-homes offers are usually firm, with little room for negotiation on price or terms.
- Service fees with iBuyers: If you choose an iBuyer, be prepared to pay service fees that can impact your final proceeds.
- Agent option for higher returns: A real estate agent may help you secure a higher price and a competitive timeline, especially in a strong market.
- Home valuation: 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 Destin agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Destin 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: (fotoluminate/ Deposit Photos)
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