5 Top We Buy Houses for Cash Companies in Georgia
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Richard Haddad Managing EditorClose
Richard Haddad Managing EditorRichard Haddad is the managing editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
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.
When faced with life’s unexpected twists, homeowners in Georgia often find themselves needing a swift solution to sell their homes. “We Buy Houses” companies in Georgia promise an enticing way out – presenting all-cash offers for homes that might have seen better days.
If you’re in a crunch, lacking the time, expertise, or funds for those much-needed repairs, these cash-buying firms can offer a lifeline. In a flash, you can have the proceeds in hand, letting you refocus on your next life chapter.
But is selling to a Cash-For-Homes company your best bet? In this post, we explain the process and unravel the pros and cons, ensuring you make an informed choice for your Georgia home.
Sell Your House Fast in Georgia With a Cash Offer
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Georgia area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Georgia
Working with house-buying companies in Georgia can be a straightforward process, especially when you know what to expect. For Georgia homeowners in need of a quick sale, here’s a concise rundown of the steps to guide you through selling to a cash-for-homes company.
- Research local companies: Start by identifying reputable house-buying companies in Georgia. Check reviews, testimonials, and any local affiliations to ensure you’re working with a trustworthy firm.
- Reach out for an offer: Once you’ve chosen a company, contact them with details about your home. They’ll typically respond quickly, often within 24 hours, with an initial cash offer.
- Schedule a home inspection: After expressing interest in the offer, the company will set up a time to inspect your home. This helps them confirm the home’s condition and finalize their offer.
- Review the offer: Examine the final offer details thoroughly. Remember, most companies give a take-it-or-leave-it price, so ensure it aligns with your expectations.
- Accept and finalize paperwork: If you’re satisfied with the offer, you’ll proceed with the paperwork. This typically involves signing a purchase agreement and other necessary documentation.
- Close the sale: Finally, coordinate with the company for a closing date. Once finalized, you’ll receive your cash payment, allowing you to move forward with your plans.
Popular We Buy Houses for Cash companies in Georgia
If the process of selling to a house-buying company in Georgia 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 Mid-Century Modern home or your parents’ Georgian Colonial-style house. By selling to one of these companies, you should be able to sell your Georgia home in as little as a week or two.
Myers House Buyers
Myers House Buyers, a local family-run business in Augusta, Georgia, was founded in 2007 by Paul Myers, a University of Georgia alumnus with a passion for real estate and problem-solving. Together with his diverse team of local professionals, Myers provides expedited, all-cash offers to homeowners within 24 hours of property submission, regardless of the property’s condition. Notably, the company emphasizes the homeowner’s convenience, offering the flexibility to close deals at the homeowner’s preferred pace. Their main goal is to alleviate homeowner stress by offering fast, fair, and honest prices for houses.
Locations: Augusta and surrounding areas
Closing costs: Myers House buyers often pays for closing costs.
Reviewers of Myers House Buyers commend the company for its exceptional customer service and professional staff, making special note of their approachability and knowledgeability. Clients appreciate the team’s responsive communication, promptness, and ability to make the selling process stress-free. The company is also praised for its efficiency, with transactions often being completed within a tight two-week timeframe. Myers House Buyers has a Google review rating of 5.0.
Website: myershousebuyers.com
Phone number: 706-607-5251
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Georgia (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network 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 Georgia.
With Simple Sale, 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 Georgia
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB accredited with an A+ rating. The company has 4.8 stars on Google based on more than 500 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 number: 844-488-8455
Cash Out House
Cash Out House has established a reputation for buying homes in Atlanta and other parts of Georgia, in any price range and under any condition. Whether homeowners are avoiding foreclosure, moving, or dealing with a burdensome mortgage, Cash Out House strives to provide a fast, reliable solution. Notably, the company makes all-cash offers within 24 hours and can close deals as quickly as a week, bypassing traditional financing sources. The company will purchase your home as-is, even those damaged by fire or occupied by tenants. The staff keeps paperwork to a minimum, ensuring a swift, hassle-free transaction.
Locations: Atlanta and surrounding areas
Closing costs: Cash Out House often pays for closing costs.
Cash Out House receives high praise from its customers, highlighting the company’s seamless and quick process. Clients applaud their excellent communication, friendliness, and professionalism. Many clients have expressed initial nervousness, which was quickly assuaged by the staff’s patience and respectful guidance throughout the process. Cash Out House is recognized for providing fair prices and making transactions simple, even for out-of-state clients. The company’s commitment to ethical business practices, providing regular updates, and showing compassion particularly stand out. Cash Out House has a Google review rating of 5.0.
Website: cashouthouse.com
Phone number: 678-540-4725
Trusted Home Buyers
Trusted Home Buyers is a family-owned business based in Savannah, Georgia. The company prides itself on assisting its local neighbors with their real estate needs through fast, fair home sales. The staff strives to provide the highest possible cash offers, free of fees or unnecessary hassles. Serving the areas of Chatham, Liberty, Glynn, Bryan, and Effingham, Trusted Home Buyers will purchase houses in any condition and in any price range. Trusted Home Buyers can close a sale in as few as seven days.
Locations: Atlanta and surrounding areas
Closing costs: Trusted Home Buyers often pays for closing costs.
The reviews for Trusted Home Buyers suggest a high level of customer satisfaction, highlighting the company’s rapid and hassle-free process. Customers consistently mention the ease of their home-selling experiences, praising the company’s transparency, reliability, and compassion. Clients appreciate the team’s diligent communication, explaining each step of the process thoroughly, leading to on-time closings. The company’s trustworthy reputation and dedication to a stress-free experience have earned them repeat business and strong recommendations. Trusted Home Buyers’ Google review rating is 5.0.
Website: houseofferfast.com
Phone number: 912-433-6726
We Buy Houses in Atlanta
We Buy Houses in Atlanta is a trusted real estate company with a passion for flipping houses, founded by experienced investors Jajuan W. and Mufasa D. Over their years of operation, they’ve established a solid local reputation. The company, known for its transparent and honest dealings, prides itself on offering free quotes and encouraging homeowners to compare offers. Jajuan brings 20 years of expertise in real estate investment, negotiations, and digital marketing, while Mufasa utilizes his experience in building automation and house redevelopment. Both founders are dedicated to delivering high-level service to their clients, making their real estate transactions smooth and satisfying.
Locations: Atlanta and surrounding areas
Closing costs: Seller pays no closing costs, We Buy Houses in Atlanta covers them.
We Buy Houses in Atlanta has received high ratings from clients for providing stress-free home-selling experiences. The company is noted for its exemplary communication, consistently keeping clients informed throughout the process. Their dedicated team is appreciated for offering assistance with complex issues related to property sales. Clients have repeatedly praised the company for exceeding expectations, providing excellent customer service, and delivering a smooth and educational process. The reviews point to a strong pattern of satisfaction and a willingness among customers to recommend their services to others. The company holds a Google review rating of 5.0.
Website: webuyhousesinatlantaga.com
Phone number: 470-369-5727
Why sell your Georgia house for cash?
There are plenty of valid reasons a Georgia home seller may choose to work with a Cash-For-Homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.
In Georgia, it typically takes around 68 days to sell a home on the market using an agent. That includes an average of 25 days on the market, plus the typical 43 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 Georgia, and it’s clear why these We Buy Houses groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Let’s take a quick look at some common scenarios Georgia homeowners might encounter where turning to a house-buying company could be a fitting solution:
- Immediate financial need: Unexpected situations, such as medical emergencies or job losses, may push you to access funds swiftly through a home sale.
- Relocation on short notice: Whether due to job transfers or personal reasons, sometimes you need to move quickly, making traditional selling timelines impractical.
- Avoiding costly repairs: Georgia homes, especially older ones, may require extensive repairs, which can be both costly and time-consuming.
- Reducing stress: For those who prefer to sidestep the hassles of home showings, negotiations, and a protracted sales cycle, cash offers can be a relief.
- Seeking privacy: Some homeowners appreciate the discretion of a quiet, off-market transaction, keeping their business out of the public eye.
- Foreclosure looming: If foreclosure is on the horizon, a quick cash sale can provide a way out, preserving your credit to some degree.
- Inheritance considerations: Inheriting a property can sometimes be more of a burden than a boon. Selling for cash can simplify the disposition process.
- Landlord fatigue: Dealing with challenging tenants or simply wanting out of the landlord business? A cash sale provides a no-fuss exit.
- Life transitions: For seniors relocating to assisted living or with family, a fast sale can make the transition smoother and less complicated.
- Out-of-state owners: Managing or selling a property from afar can be cumbersome. A cash offer simplifies the process, offering peace of mind.
If any of these scenarios resonate with your current circumstances, exploring a cash offer from a We Buy Houses company in Georgia might be a step worth considering. Nonetheless, as with the sale of any large financial asset, it’s crucial to weigh the pros and cons and explore every avenue.
Pros and cons of house-buying companies in Georgia
Navigating the real estate waters in Georgia requires a keen understanding of your options. While house-buying companies promise speed and convenience, there are trade-offs to consider. Here’s a closer look at the pros and cons:
Pros
For many homeowners, the allure of house-buying companies lies in their promises of hassle-free transactions. Notably, they guarantee swift transactions and show flexibility regardless of your home’s condition. Let’s break down the key benefits:
- Speedy transactions: Selling your home traditionally can take months, but with house-buying companies, you can close in as little as a week.
- No repair requirements: These companies buy your home as-is, meaning you won’t spend a dime or a minute on repairs or renovations.
- Bypass listing challenges: Avoid the hassle of home staging, professional photos, and listing fees – simplifying the sale process.
- Foreclosure avoidance: If you’re facing the threat of foreclosure, these companies can offer a quick exit, potentially saving your credit score.
- No added costs: Selling directly means you’ll avoid agent commissions, closing costs, and other fees typical of traditional sales.
Cons
While the convenience is undeniable, there’s a price to pay – literally. The most notable drawback is that these firms typically offer below-market valuations. Here’s a list of some key potential drawbacks:
- Lower offers: You’re likely to receive less than market value for your property compared to a traditional sale with a seasoned real estate agent.
- Less negotiation power: Offers are typically take-it-or-leave-it, limiting your ability to negotiate terms or prices.
- Lack of personal touch: Transactions are often purely business, which might feel impersonal to homeowners accustomed to traditional real estate rapport.
- Possible pressure tactics: Some We Buy Houses groups may prey on your urgent situation, leading to pressure tactics or lowball offers.
- Potential for scams: Not all companies are reputable. Homeowners must be wary of scams or companies with negative track records. This is why vetting each company is crucial.
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
As you venture into the world of cash house-buying companies in Georgia, it’s essential to remember that not all buyers are created equal. The integrity and service you receive can vary widely, and much of your experience will hinge on the character of the individual or group behind the offer.
Before taking the leap and committing to a cash offer, it’s imperative to vet the company thoroughly. Delve into online reviews, pore over testimonials, and research their market presence and track record. And, as with any significant transaction, scrutinize the buying agreement with diligence.
HomeLight suggests you consult with an experienced Georgia 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 your market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Georgia home quickly
iBuyers
iBuyers, short for instant buyers, use automated valuation models to give instant home value estimates, offering a streamlined, mostly digital selling process. Originating in the mid-2010s, iBuyers present all-cash offers often nearer to market value for well-maintained homes, with a quick closing timeline.
However, iBuyers like Offerpad and Opendoor usually charge 5%-6% service fees. They’re ideal for those in areas with consistent housing types and properties in good shape.
Listing with an agent
Considering a real estate agent when exploring speedy sale options might seem counterintuitive. However, in a seller-favorable market, an experienced real estate agent can enable a rapid sale through effective pricing and marketing strategies. On average, top Georgia agents achieve prices up to 10% higher than average agents.
These agents can also offer a comparative market analysis (CMA) to gauge your home’s value, helping you set a competitive listing price and assess your choices. Many agents will offer a free CMA.
Should you lean toward an agent, HomeLight can connect you to the top-performing professionals in your region.
FAQs on Georgia house-buying companies
By and large, most We Buy Houses for Cash companies in Georgia 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Georgia We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value, 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 Georgia Mid-Century Modern home could sell for $350,000 after repairs, but it’s going to need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, a Georgia We Buy Houses company might offer you around $215,000 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 iBuyers 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 Georgia We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer is accepted. On the other side, 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Georgia 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 Georgia vs. top Georgia 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 Georgia | Sell with a top Realtor in Georgia |
| Selling timeline | 7 to 30 days | 68 days average; 25 to attract an offer, 43 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings 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 title before you can sell 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 | 5.8% average |
| Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve put together 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 Georgia is currently worth about $356,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $381,000.
| Sell to a We Buy Houses for Cash company in Georgia | Sell with a top Realtor in Georgia | |
| Estimated sale price | ($381,000 x .70) – $25,000 = $241,700 | $356,000 |
| Market preparations | 0 | $3,560 (1% of sale price) |
| Agent commissions | 0 | $20,649 (5.8% of sale price) |
| Closing costs | 0 | $5,340 (1.5%) |
| Estimated take-home for seller | $241,700 | $326,451 |
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 in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Speedy process: Working with a Cash-For-Homes company in Georgia can provide a quick and hassle-free selling experience.
- No repairs needed: These companies purchase your home in its current condition, saving you renovation costs and time.
- Market value differences: Selling to a We Buy Houses company will fetch less than what you might get selling on the open Georgia market.
- Vet your buyer: Research and review any company before accepting an offer to ensure integrity and fairness.
- Know your home’s worth: Before accepting any offer, understand your property’s true market value.
In your journey toward selling, remember that every offer and opportunity is unique. If you’re considering a Georgia Cash-For-Homes company, it’s prudent to gather multiple offers and thoroughly weigh your options.
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 Georgia agent.
Header Image Source: (rajeshpandit/ Depositphotos)
