We Buy Houses Elizabethtown, KY: 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.
If you’re looking for a fast way to sell your home in Kentucky, a “We Buy Houses” Elizabethtown, KY, company may offer the solution you’re looking for. These companies specialize in making all-cash offers, even for homes that need repairs. That means you can avoid the stress and costs of preparing your property for the open market.
Selling your home for cash can be ideal if you’re facing an unexpected situation or don’t have the time, money, or skills to handle renovations. A quick cash sale lets you move forward without delay and focus on your next steps.
In this post, we’ll cover the pros and cons of working with house-buying companies in Elizabethtown, helping you decide whether this option works best for you. Additionally, we will explain how the process works and provide you with some companies to consider using in your area.
Working with house-buying companies in Elizabethtown
If you need to sell your Elizabethtown home fast, house-buying companies simplify the traditionally long sales transaction with quick cash offers and flexible closings, no matter your situation. Here’s an overview of the process of selling your house for cash:
- Contact the company: Reach out to a house-buying company in Elizabethtown to express interest in selling your home.
- Provide property details: Share basic information about your house, including its condition and any repairs it might need.
- Schedule an evaluation: The company will send a representative to inspect your home in person or review photos of the property.
- Receive a cash offer: After evaluating your home, the company will present a no-obligation cash offer, typically within 24 to 48 hours.
- Review the contract: If you accept the offer, you’ll receive a contract outlining the terms of the sale.
- Close the sale: After signing the contract, you’ll close the sale and receive your cash, often within a week or two.
Popular We Buy Houses for Cash companies in Elizabethtown
If the process of selling to a house-buying company in Elizabethtown 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 Bungalow or a Cape Cod.
By working with one of these companies, you should be able to sell your Elizabethtown home in as little as a week or two.
We Buy 502
We Buy 502 is a family-owned home-buying company serving homeowners across Kentucky. With years of experience in the local real estate market, the team understands how drawn-out and stressful traditional home sales can be.
By offering a simpler alternative, We Buy 502 allows sellers to skip repairs, showings, and lengthy negotiations. The company provides fair, no-obligation cash offers within 24 hours and gives sellers the freedom to select their preferred closing date.
Locations: Throughout Kentucky, including Elizabethtown
Closing costs: Sellers pay no closing costs; We Buy 502 covers them.
Committed to transparent business practices, We Buy 502 earned a high A+ rating from the Better Business Bureau (BBB). Its Google Business Profile reflects 4.8 stars, as it received numerous positive reviews from clients.
Reviewers say working with the company made a typically stressful move feel simple and well-managed. The team is praised for being adaptable, efficient, and attentive, especially when last-minute changes came up. Many describe the experience as the fastest and smoothest way to sell a home, with minimal disruption.
Website: webuy502.com
Phone number: 502-849-5950
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Elizabethtown (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 Elizabethtown.
With Simple Sale, 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 Elizabethtown
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, the firm has been BBB accredited since 2019 and now maintains 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
We Buy Houses in Kentucky
We Buy Houses in Kentucky specializes in purchasing homes for cash, regardless of their condition, providing solutions for homeowners facing challenges such as problematic tenants, pending foreclosure, relocation, and more. The company offers a fast, reliable process designed to alleviate stress and simplify home sales.
Upon receiving property information, they deliver a no-obligation cash offer within 24 hours. Sellers can then choose to close quickly, with the transaction finalized in as little as seven days.
Locations: Throughout Kentucky, including Elizabethtown
Closing costs: Seller pays no closing costs; We Buy Houses in Kentucky covers them.
Acknowledged for upholding ethical values, We Buy Houses in Kentucky has been BBB accredited since 2021 and currently holds an A+ rating. On Google, it has a near-perfect 4.9-star rating.
Past customers share that they felt like they were dealing with the right people from the very first call. Many mention getting a fair price for their home and a closing process that was easy and professional. The team’s clear communication made everything stress-free. A lot of sellers say they’re excited to work with them again in the future.
Website: buyhousesinkentucky.com
Phone number: 502-383-1484
Vince Buys Houses
Vince Buys Houses offers a straightforward and efficient alternative to traditional home selling. The company provides a guaranteed cash offer within 24 hours, ensuring a timely response for homeowners. Clients have the flexibility to select a closing date that best suits their needs.
The process eliminates the need for showings and inspections, reducing common inconveniences. This approach delivers a seamless and expedited sale experience for property owners.
Locations: Louisville and surrounding areas, including Elizabethtown
Closing costs: Seller pays no closing costs; Vince Buys Houses covers them.
Formally recognized by the BBB, Vince Buys Houses has been BBB accredited since 2024 and proudly maintains an A+ rating. It earned a perfect 5-star Google rating, thanks to positive reviews from satisfied customers.
Clients praise the team for being quick to respond and easy to work with throughout the entire process, especially during sensitive situations, such as selling a deceased family member’s home. The reviewers appreciate the fair offers and smooth closings. Many appreciate the team’s kindness and professionalism, making difficult selling scenarios much easier.
Website: vincebuys.com
Phone number: 502-465-3070
Kentucky Sell Now
Kentucky Sell Now is a locally based home-buying company that serves homeowners in Elizabethtown and across Kentucky, offering a fast and reliable way to sell without the usual stress. The team provides fair, no-obligation cash offers within 24 hours and can close in as little as seven days.
With a strong reputation in the state, they’re known for honest communication and straightforward service, no lowball offers or pushy tactics. Sellers can skip repairs, cleaning, fees, and long waits by working directly with the team.
Locations: Throughout Kentucky, including Elizabethtown
Closing costs: Sellers pay no closing costs; Kentucky Sell Now covers them.
Kentucky Sell Now has been BBB accredited since 2020 and holds an A+ rating. On Google, it received plenty of positive customer feedback, with past clients rating the firm an average score of 4.9 stars.
Clients describe the company as a reliable partner for real estate transactions, often highlighting repeat business and consistent service quality. Many say they’re pleased with the level of professionalism and support provided throughout the process. The team’s responsiveness and ability to handle multiple deals smoothly have left a strong impression on those who’ve worked with them.
Website: kentuckysellnow.com
Phone number: 502-610-0070
Why sell your Elizabethtown 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 Elizabethtown, it typically takes around 76 days to sell a home on the market using an agent. That includes an average of 35 days on the market plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the seven to 10 days promised by many house-buying companies in Elizabethtown, 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 situations where selling for cash makes sense:
- Job relocation: You’re moving for a new job and need to sell your house quickly to avoid juggling two mortgages.
- Divorce settlement: Selling a house for cash during a divorce can simplify the division of assets by providing a quick, straightforward sale without the need for repairs, showings, or prolonged negotiations.
- Inherited property: An inherited house can come with unwanted maintenance costs, and you may prefer a quick sale without going through a long listing process.
- Downsizing transition: You’re downsizing and prefer a fast sale to streamline your move into a smaller home or retirement community.
- Extensive repairs: The house is in poor condition and needs expensive repairs, but you don’t have the time, money, or interest to deal with them before selling.
- Open house inconvenience: You don’t want to deal with the hassle of hosting open houses or endless showings.
- Foundation issues: A property with foundation issues can be expensive to fix and may turn away traditional buyers, making a quick cash sale a more practical solution.
- Foreclosure risk: You’re behind on mortgage payments and want to avoid foreclosure by selling quickly.
- Problem tenants: If your rental property has become overwhelming due to difficult tenants, a fast, hassle-free sale can be a practical solution.
- Remote home sale: Selling a house from out of state can be challenging, so a quick cash sale that eliminates the need for repeated travel is often the ideal solution.
Pros and cons of house-buying companies in Elizabethtown
When deciding whether to sell your house to a house-buying company in Elizabethtown, it’s essential to weigh the pros and cons. A cash sale offers speed and simplicity, but you might also face trade-offs in terms of price and flexibility.
Pros of working with house-buying companies
One of the biggest advantages of working with a house-buying company is the speed of the sale. These companies can close fast, typically within a week or two. Additionally, they’ll purchase your house as-is, meaning you won’t need to make repairs or do any prep work. Here’s a breakdown of the advantages:
- Fast closing: You can often close the sale in as little as a week, allowing you to move forward quickly.
- No repairs needed: These companies will let you sell your house as-is, no matter the condition, so you don’t need to worry about fixing anything.
- Simple process: With no contingencies, showings, or open houses, the process is straightforward and stress-free.
- Zero agent fees: You won’t have to pay real estate agent commissions, which typically range from 5% to 6% of the sale price.
Cons of working with house-buying companies
The biggest downside to selling your Elizabethtown home to a house-buying company is the likely lower sale price. These companies typically offer below market value to make a profit, which means you’ll receive less than you would from a traditional sale. Be aware of these drawbacks when you partner with a cash-for-homes firm:
- Lower sale price: Expect to receive below market value for your home compared to what you might get with a traditional listing.
- Limited negotiation: Most cash offers are “take it or leave it,” so you’ll have little room to negotiate for a higher price.
- Scam risks: Some entities may pose as cash buyers, but actually engage in house-buying scams, so it’s important to research companies carefully before committing to anything.
- Missed market gains: If the market is strong, you might miss out on getting top dollar for your home.
Considering both the pros and cons will help you determine whether working with a house-buying company aligns with your goals. Up next, we’ll cover how to vet cash buyers and know your home’s worth before accepting any offer.
Vet cash buyers and know your home’s worth
When selling your house for cash in Kentucky, the level of integrity and service you experience will vary depending on the company. Perform due diligence before accepting any offer by taking these steps:
- Research the company: Look for online reviews, read testimonials, and check the company’s track record to ensure you’re dealing with a reputable buyer.
- Check for local presence: Make sure the company has an established presence and good reputation in your area.
- Understand the offer: Carefully review the cash offer and ensure you fully understand the terms before agreeing to anything.
- Read the contract: Before signing, read the buying agreement carefully to ensure it aligns with what was discussed and agreed upon.
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 Elizabethtown. You can also use our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Elizabethtown home quickly
Working with iBuyers
iBuyers, short for instant buyers, use automated valuation models to generate near-instant offers for homes in good condition. The homebuying process is mostly online, with closings in a few days to two weeks.
While major iBuyer companies, like Opendoor and Offerpad, offer convenience and cash, they charge sizable service fees of 5% to 6% of the home’s sale price. Moreover, they only accommodate properties in good condition.
Listing with an agent
Even when speed is your priority, listing with a top agent can still help you sell quickly, especially in a seller’s market. A skilled agent will strategically price and market your home to attract buyers fast.
Beyond just selling quickly, an agent can help you get the best price by comparing your home to similar recently sold properties using a comparative market analysis (CMA), which is often offered for free. If you’d like to explore this option, HomeLight can connect you with a top-performing agent.
FAQs on Elizabethtown house-buying companies
By and large, most We Buy Houses for Cash companies in Elizabethtown 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 Elizabethtown 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 Elizabethtown Cape Cod could sell for $325,000 after repairs, but it will need $30,000 of work to get there.
($325,000 x .70) – $30,000 = $197,500
In this example, an Elizabethtown We Buy Houses company might offer you around $197,500 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 iBuyers 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 an Elizabethtown 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 Elizabethtown 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 Elizabethtown vs. top Elizabethtown 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 Elizabethtown | Sell with a top Realtor in Elizabethtown |
| Selling timeline | 7 to 30 days | 76 days average; 35 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 Elizabethtown is worth about $295,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $325,000.
| Sell to a We Buy Houses for Cash company in Elizabethtown | Sell with a top Realtor in Elizabethtown | |
| Estimated sale price | ($325,000 x .70) – $30,000 = $197,500 | $295,000 |
| Market preparations | 0 | $2,950 (1% of the sale price) |
| Agent commissions | 0 | $8,850 (3% of the sale price) |
| Closing costs | 0 | $4,425 (1.5% of the sale price) |
| Estimated take-home for seller | $197,500 | $278,775 |
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 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 sale: Cash-for-homes companies can close in as little as a week, providing you with quick cash.
- As-is deal: These companies buy houses as-is, so you won’t need to spend time or money on repairs.
- Lower sale price: Expect to receive an offer below market value, as these companies aim to resell for a profit.
- Limited negotiation: Most offers are take-it-or-leave-it, with little room for price negotiation.
- Property value insights: 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 managing 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 Elizabethtown agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Elizabethtown 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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