5 Top We Buy Houses for Cash Companies in Savannah
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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.
‘We Buy Houses’ Savannah companies offer an immediate option for homeowners looking to sell, particularly when properties require repairs. These all-cash offers are ideal for sellers who don’t have the time, finances, or expertise to undertake renovations.
Turning to a cash sale can be especially beneficial for those facing urgent or unexpected situations, as it allows you to sell without the delays and hurdles of conventional real estate transactions.
This post will explore the advantages and disadvantages of dealing with house-buying companies in Savannah, helping you make an informed decision about whether this route is right for you.
Sell Your Savannah House Fast With a Cash Offer
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Working with house-buying companies in Savannah
For homeowners in Savannah looking for a fast way to sell their homes, working with a house-buying company can be a straightforward option. This section outlines the steps to selling a house for cash:
- Research companies: Begin by learning more about reputable house-buying companies in Savannah. Look for those with strong track records and positive reviews from past sellers.
- Submit your property details: Reach out to the company with information about your home. This usually means filling out an online form on their website with details about your property’s location, condition, and features.
- Receive an offer: The company will assess your property details and typically present you with a cash offer quickly, often within a few days.
- Accept the offer: If the offer aligns with your expectations, you can accept it. It’s important to note that these offers are usually non-negotiable.
- Close the sale: The sale can often be closed in as little as a week, with the closing taking place at a reputable attorney or title company to ensure the transaction is smooth and legitimate.
- Receive your money: After closing, you’ll receive the cash for your home, allowing you to move on from your property quickly.
This streamlined process is designed to help you sell your home in Savannah quickly and with minimal hassle.
Popular We Buy Houses for Cash companies in Savannah
If the process of selling to a house-buying company in Savannah 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 parents’ property, whether that’s a Colonial or contemporary home. By selling to one of these companies, you should be able to sell your Savannah home in as little as a week or two.
Cash 4 Keys Home Buyers
Cash 4 Keys Home Buyers provides fair cash offers for houses in any condition within 24 hours of receiving property information. Whether facing foreclosure, managing an inherited home, or needing a swift move, homeowners can rely on their efficient process. By skipping the traditional market listing, sellers can close on their own schedule with minimal stress. The company’s commitment to convenience and reliability has made it a trusted choice for fast home sales.
Locations: Savannah and surrounding areas
Closing costs: Sellers pay no closing costs; Cash 4 Keys Home Buyers covers them.
With various satisfied clients, Cash 4 Keys Home Buyers has earned a perfect 5.0-star rating on Google Reviews. Reviewers share that the company made selling their inherited homes easy through expert guidance and attentive service. Many highlight the team’s knowledge, professionalism, and genuine care throughout the process. The staff’s ability to simplify complex situations has earned them praise from homeowners seeking a smooth and stress-free selling experience.
Website: cash4keyshomebuyers.com
Phone number: 912-446-0561
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Savannah (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 in different locations throughout Savannah, even those that need some or a lot of work.
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 Savannah.
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 dedication to excellent customer service, it has earned accreditation from the Better Business Bureau (BBB) and a high 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
Trusted Home Buyers
Trusted Home Buyers has completed over 300 successful transactions to date and remains committed to providing homeowners with a fast and stress-free selling experience. The team enables clients to sell their homes in as little as five days without the pressure of moving immediately. Clients receive a quick contract with a substantial deposit and have the flexibility to stay in their homes after the sale.
Properties are purchased in any condition, eliminating the need for repairs or cleanup. This client-centered approach makes the entire process convenient for home sellers.
Locations: Savannah and surrounding areas
Closing costs: Sellers pay no closing costs; Trusted Home Buyers cover them.
Trusted Home Buyers has earned an impressive rating of 4.9 stars on Google Reviews. Clients consistently praise the team for its exceptional service, fair offers, and efficient home-selling process. Many highlight how easy it was to communicate with the team at every stage, making the experience smooth and stress-free. Even with long-distance sales, the company delivered on its promises without any surprises.
Website: houseofferfast.com
Phone number: 843-960-3759
Local Key Offer
Since 2016, Local Key House Buyers has been buying properties directly from sellers, offering fair all-cash offers for houses in any condition. By selling to Local Key, homeowners can avoid repairs, multiple showings, and delays from bank loan approvals. Clients can leave behind unwanted belongings, and the team ensures a smooth, stress-free transition. With flexible moving dates and a streamlined process, Local Key House Buyers makes selling a home simple and hassle-free.
Locations: Savannah and all over Georgia
Closing costs: Sellers pay no closing costs; Local Key House Buyers covers them.
Providing excellent customer service, Local Key House Buyers earned a perfect Google review rating of 5 stars. Clients say the company makes the selling process smooth, stress-free, and easy to navigate. They highlight the team’s excellent communication and professionalism throughout the process. Some praise the company for following through on what it promises, while others recommend the company to others seeking a fast, trustworthy home-selling option.
Website: localkeyoffer.com
Phone number: 678-769-4544
Georgia Cash Home Buyers
Founded in 2015, Georgia Cash Home Buyers has built a reputation for fast, dependable homebuying solutions. Known for making cash offers in as little as seven minutes, it purchases 10 to 15 houses each month, with no repairs, inspections, or clean-up required.
Whether dealing with damaged homes, foreclosures, or difficult tenants, the team offers a seamless selling experience tailored to the homeowner’s needs. Their efficient process eliminates common hurdles and ensures homeowners can move forward quickly.
Locations: Savannah and anywhere in Georgia
Closing costs: Sellers pay no closing costs; Georgia Cash Home Buyers covers them.
Georgia Cash Home Buyers’ Google Business Profile features a perfect review rating of 5 stars. Clients say the company provides prompt, professional service, especially when a fast home sale is needed. Many highlight the team’s responsiveness and ease of communication. The experience is often described as smooth and efficient, with fair offers that reflect the property’s value.
Website: webuyanyhouseatlanta.com
Phone number: 404-671-8376
Why sell your Savannah house for cash?
There are plenty of valid reasons a Savannah home seller may choose to work with a Cash-For-Homes company, such as speed and an easy transaction process.
In Savannah, selling a home on the open market using an agent typically takes around 93 days. That includes an average of 52 days on the market plus the typical 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 Savannah, 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 homeowners choose this route:
- Job relocation: When you’re moving quickly for a new job and need a fast sale
- Divorce settlement: If you’re going through a divorce and need to liquidate your assets quickly and efficiently
- Unwanted inheritance: When you’ve inherited a property and prefer a quick sale over the traditional market’s uncertainties
- Downsizing transition: If you’re looking to downsize and want a simple, fast selling process
- Extensive repairs: When selling a house in poor condition is more appealing than investing in costly renovations
- Foundation issues: If you’re facing expensive foundation repairs and prefer to sell the property as-is
- Foreclosure prevention: When trying to avoid foreclosure and its impact on your financial situation and credit score
- Difficult tenants: If you want to sell a rental property but currently have tenants
- Remote home sale: When you’re selling a house from out of state
Pros and cons of house-buying companies in Savannah
When considering selling your home to a house-buying company in Savannah, weighing the benefits against the potential downsides is crucial.
Pros:
- Speedy home sale: Selling to a house-buying company can significantly speed up the process, often allowing you to close in as little as a week.
- No need for repairs: Your home can be sold as-is, eliminating the need for any repairs or renovations before sale.
- Simple transaction: The sale process is straightforward, with fewer contingencies and paperwork than traditional real estate transactions.
- Cash payment: You receive a cash payment, avoiding the delays of mortgage approvals and other financing issues that slow down traditional sales.
Cons:
- Lower offers: You will likely receive an offer that’s below market value, which is the trade-off for speed and convenience.
- Limited negotiation: Offers from house-buying companies are typically non-negotiable, giving you less control over the sale price.
- Scam risk: There’s a higher risk of encountering house-buying scams with less reputable companies, so vetting partners thoroughly is essential.
- Missed market gains: By not selling on the open market, you might miss out on potential gains, especially in a rising market.
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 you decide to work with a “We Buy Houses for Cash” company in Savannah, it’s important to remember that the level of integrity and service offered can significantly differ from one company to the next.
Your experience will largely depend on the character and professionalism of the person or group making you an offer. Before committing to a cash offer, take the time to vet the company thoroughly. Check online reviews, read testimonials from past sellers, and research its market presence and performance to ensure you deal with a reputable entity.
Additionally, understand the value of your home before signing any buying agreement. Compare the offer to your home’s estimated market value.
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 your market. Try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Savannah home quickly
Working with iBuyers: Instant buyers, or iBuyers, use automated valuation models (AVMs) to make fast, all-cash offers close to market value for homes in good condition. The process, mostly online, can complete sales in just a few days to two weeks. While they offer convenience, be aware of service fees of around 5% to 6%. iBuyer companies like Opendoor and Offerpad are best for homes in areas with uniform housing markets.
Listing with an agent: Although selling through an agent might seem slower, in seller-friendly markets, it can lead to a fast sale at potentially higher prices. Top agents can sell homes for significantly more, backed by HomeLight’s data.
Agents provide a comparative market analysis (CMA) to help price your home competitively, a report that is often free. An experienced agent might also find cash buyers willing to pay near market value. If you’re considering this route, HomeLight can connect you with top agents in your area.
FAQs on Savannah house-buying companies
By and large, most We Buy Houses for Cash companies in Savannah 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 Savannah 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 Savannah Dutch Colonial could sell for $370,000 after repairs, but it’s going to need $30,000 of work to get there.
($370,000 x .70) – $30,000 = $229,000
In this example, a Savannah We Buy Houses company might offer you around $229,000 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 Savannah We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer 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 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 for any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Savannah 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 Savannah vs. top Savannah 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 Savannah | Sell with a top Realtor in Savannah |
| Selling timeline | 7 to 30 days | 93 days average; 52 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 / 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 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 Savannah is currently worth about $335,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $360,000.
| Sell to a We Buy Houses for Cash company in Savannah | Sell with a top Realtor in Savannah | |
| Estimated sale price | ($360,000 x .70) – $25,000 = $227,000 | $335,000 |
| Market preparations | 0 | $3,350 (1% of the sale price) |
| Agent commissions | 0 | $10,050 (3% of the sale price) |
| Closing costs | 0 | $5,025 (1.5% of the sale price) |
| Estimated take-home for seller | $227,000 | $316,575 |
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. Selling on the open market might be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speed and convenience: Selling to a house-buying company in Savannah provides a swift transaction without the hassles of repairs, staging, or hosting potential buyers.
- Lower offers: While these companies offer quick cash, their offers typically fall below what you might achieve in a conventional home sale. Consider the tradeoffs and decide if the offered price aligns with your objectives.
- Thorough research: Not all cash buyers are created equal. Do your due diligence to ensure the company or individual is reputable and trustworthy.
- Alternative selling methods: Don’t limit your options. iBuyers and leading Savannah real estate agents can often offer alternative routes that might secure you a better deal.
- Home valuation: Equip yourself with comprehensive knowledge. Obtain a CMA to determine the worth of your Savannah home, so you can make an informed decision.
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 Savannah agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Savannah 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: (Trinity Nguyen/Unsplash)
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.
