We Buy Houses Troy, MI: 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.
Need to sell your home quickly? You’ve likely noticed signs or advertisements declaring “We Buy Houses in Troy” and wondered if this was a good fit for you.
A We Buy Houses company is a real estate investment company that specializes in purchasing property, like your home, for cash, usually in a few weeks, sometimes even a few days.
When you can’t afford to let a home sit on the market for months, this can be a great alternative.
In this article, we’ll explore the pros and cons of selling to a cash buyer in Troy. You’ll also find a roundup of local cash buyers as well as other ways you can sell your home quickly to help you decide what suits your needs best.
Sell Your House Fast in Troy 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 10 days. No showings, no repairs, no open houses. Available to sellers throughout Troy.
Working with house-buying companies in Troy
Selling your home for cash is generally pretty simple. Here’s how it works:
First, you contact a We Buy Houses company and provide some basic information about your Troy home. They’ll evaluate the property and offer a no-obligation, all-cash bid for your home. Should you accept, you’ll sign a purchase contract and could close the sale within one to two weeks.
Pros and cons of house-buying companies in Troy:
Pros of selling to a house-buying company in Troy
- Quick closing: Most We Buy Housts companies can wrap up your sale within 7 to 14 days, which is perfect if you need to relocate fast. By comparison, selling through a Troy real estate agent might average 66 days (average days to close on a loan plus 25 days on the market).
- No need to prepare: You won’t have to worry about repairs, upgrades, staging, or cleaning. These buyers accept properties as-is.
- No financing delays: Since purchases are cash-based, there’s no danger of the deal falling apart due to financing contingencies or loan approval delays.
- Minimal hassle: There are no showings, no open houses, and no haggling to worry about.
Cons of selling to a house-buying company in Troy
- Reduced sale price: Selling to a house-buying company often means receiving an offer below market value, so you might walk away with less money than selling via an agent. Most We Buy Houses firms apply the 70% rule — offering roughly 70% of the home’s estimated after-repair value (ARV) minus their repair cost estimates.
- Example: If your Troy property is valued at $422,124 and needs $30,000 in repairs, an offer could look like this: ($422,124 × 0.70) – $30,000 = $265,487.
- In this case, a Troy cash buyer might propose about $265,487 for your home.
- Limited bargaining power: Many home-buying companies present take-it-or-leave-it offers, leaving little room to negotiate a higher price.
- Risk of scams: Not every cash buyer is trustworthy — some are fraudulent and prey on sellers with unfair terms or undisclosed fees.
- Fewer safeguards for sellers: Unlike traditional sales, these deals often lean toward the buyer and offer less legal protection for sellers.
It’s also worth mentioning that a top Troy real estate agent could help you achieve a higher return than an all-cash offer.
For instance, after accounting for typical costs such as closing fees, agent commissions, and prepping the home for sale, an agent might help you net around $398,907 or more — a notable difference compared to a cash offer.
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.
Your situation matters
Before selling your home for cash, it’s important to have a full understanding of what your property is worth.
At HomeLight, we suggest consulting with a knowledgeable local real estate professional first. They can provide you with a realistic market-value estimate for your home and help you compare it with any cash offers you receive. If you want, HomeLight can connect you with a top-rated agent in the Troy area.
Looking for an easy place to start? Use HomeLight’s Home Value Estimator to get a rough idea of your property’s worth in less than two minutes.
Popular We Buy Houses for Cash companies in Troy
If you think selling to a cash home buyer in Troy is right for you, the next step is finding a reliable company you can trust.
Below we’ve listed some established local buyers that purchase homes for cash — whether it’s your Colonial Revival or your parents’ traditional two-story. Working with one of these companies might let you close in just one or two weeks.
BiggerEquity
BiggerEquity is a national home-buying company established in 2016. Their website states that sellers can receive a cash offer in as little as seven minutes. After a brief property review, they provide a same-day, no-obligation offer with straightforward terms and no hidden fees.
Locations: BiggerEquity buys houses throughout Troy. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay none; BiggerEquity covers them.
BiggerEquity is BBB-accredited with an A+ rating and holds 4.8 stars on Google from 28 reviews.
Website: biggerequity.com
Phone number: 866-333-8377
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Troy (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 neighborhoods throughout Troy.
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 Troy
Closing costs: No prep costs, agent commissions, or 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 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
Eagle Cash Buyers
Eagle Cash Buyers provides fair cash offers within minutes and can close in as little as a week, helping homeowners skip the usual stress and delays of a traditional sale.
Locations: Nationwide, including Troy
Closing costs: Sellers pay no closing costs; Eagle Cash Buyers covers them.
Eagle Cash Buyers has been BBB-accredited since 2019 and holds an A+ rating. Its Google Business Profile has a 4.5-star rating.
Website: eaglecashbuyers.com
Phone number: 833-330-1625
Priority Home Buyers
Priority Home Buyers maintains a network of reliable local investors. In addition to helping homeowners dealing with foreclosures, divorce, or properties in serious need of repair, the company will also purchase homes with tenants.
Locations: Nationwide, including Troy
Closing costs: Sellers pay no closing costs; Priority Home Buyers covers them.
Priority Home Buyers is BBB accredited with an A BBB rating. The company also holds a 4.8-star Google rating based on over 100 reviews.
Website: priorityhomebuyers.com
Phone number: 877-399-1777
M1 Home Buyers
M1 Home Buyers offers solutions for those facing difficult property situations. The company presents fair cash offers within 24 to 48 hours of the property walkthrough. It can close in as little as 7 days.
Locations: Michigan, including Troy, and Ohio
Closing costs: Sellers pay no closing costs; M1 Home Buyers covers them.
Since 2025, M1 Home Buyers has been BBB-accredited, and it holds an A+ rating. Its Google Business Profile holds an average rating of 5 stars.
Website: m1homebuyers.com
Phone number: 248-970-1051
Other options to sell your Troy home quickly
If selling to house-buying companies in Troy doesn’t seem like the best fit, consider these alternatives:
iBuyers
iBuyers, or instant home purchasers, use automated valuation tools to provide quick cash offers for homes that are typically in good condition. The iBuyer process mostly happens online and can close within a few days. Be aware that companies such as Opendoor and Offerpad typically charge service fees of 5% to 6%.
Listing with an agent
In a competitive market, working with an expert agent can still result in a swift sale — usually for a higher price than cash offers. A skilled agent will provide a comparative market analysis to help you set the right price and might even introduce you to cash buyers. Many agents offer pricing insights and market analysis at no charge. If you want professional support, HomeLight can connect you with a leading agent in Troy.
Keep in mind that real estate professionals often help sellers achieve prices much closer to the market value than We Buy Houses companies. For example, while a WBH investor might propose $265,487 for a home valued at $422,124, an experienced agent could facilitate a sale closer to $398,907.
That’s as much as nearly $133,420 more in your pocket.
If you’re considering listing, HomeLight can link you to a top local agent who can guide you in choosing the best strategy for selling your Troy home.
Final thoughts
- Cash offers are quick: Selling to a house-buying company in Troy often closes within days, ideal when time is a factor.
- Repairs aren’t necessary: Most buyers purchase homes as-is, saving you time and expense on fixes or upgrades.
- Offers tend to be lower: Although companies advertising “We Buy Houses Troy” provide faster sales, their prices generally don’t match what a real estate agent could secure.
- Beware of scammers: Not every buyer in Troy is trustworthy. To avoid being scammed, carefully vet each buyer before signing documents.
- Other fast-sale routes exist: iBuyers and skilled agents can also help you sell your home quickly — often with more money in your pocket.
- Know your home’s value: Always know the full value of your Troy property before moving forward with a cash offer.
At HomeLight, we’re dedicated to supporting your next move. Whether you choose to request a no-obligation cash offer from a trusted platform like Simple Sale or work with a top-performing agent in Troy, we’re here to help you find the option that fits you best.
Editor’s note: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Troy area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (stetsik / Deposit Photos)
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