11 min read Apr 15, 2024

Ben Buys Indy Houses Reviews: Real Estate Updates (2024)

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Jason Joshi

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Editor
Edited By

Jason Joshi

Editor, Houzeo
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Jason is a passionate content editor working at Houzeo. He has an eye for detail and keeps himself updated with the recent trends in the real estate market. He also likes to travel and explore places.

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Ben Buys Indy Houses is an Indiana-based cash buyer. They provide sellers the option to choose an offer based on their individual needs. Furthermore, they purchase all types of homes in as-is condition and let you close fast. This is beneficial for sellers on a time crunch with distressed properties.

Editor’s Rating

4.7

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Pros

  • You choose an option based on their needs.
  • You can close within 10 days.
  • You can sell in as-is condition.
  • You have the option to negotiate the offer.

Cons

  • You may get just 50% to 70% of your home's value.
  • You can avail of their services only in Indiana.

Ben Buys Indy Houses is a cash buyer. They provide the option to choose an offer based on your needs. Although it will be just one offer, it might help you in various situations like selling as-is, mortgage relief, maximizing equity, etc.

The traditional MLS route usually takes about 61 days to sell a home. However, with a cash buyer like Ben Buys Indy, you can close in as little as 10 days. This can be helpful if you’re short on time.

While their as-is purchase policy and quick closing could speed up the sale, these advantages might result in a lower offer. You might get a cash offer as per industry standards i.e. just 50% – 70% of your home’s value.

For the best value, consider selling through a cash buyer marketplace. You can compare offers from multiple national and local cash buyers on a marketplace. As a result, your chances of securing a top-dollar deal increase.

    ✍️ Editor’s Take: Sell your home using a cash-buyer marketplace like Houzeo. You get multiple cash offers from buyers nationwide. As a result, you can call for the highest and best offer. Compare Ben Buys Indy Houses vs. Houzeo.

Is Ben Buys Indy Houses Legit?

Yes, Ben Buys Indy Houses is a legitimate family-owned business founded by Ben Grise and Kortney Grise. According to the company’s website, they have helped 1000+ Indiana home sellers since 2012.

Ben Buys Indy Houses has had an A+ BBB accreditation since 2014. Furthermore, they have enough positive reviews on credible websites like Google to showcase their expertise.

When Can You Sell to Ben Buys Indy Houses?

Ben Buys Indy Houses buys single-family homes, commercial properties, multi-family properties, condos, apartments, and vacant land in various situations like:

    👉 When Can You Not Sell? Ben Buys Indy Houses might not purchase properties without clear ownership or equitable interest in the property. They also avoid buying in neighborhoods with declining home values.

Payout

Ben Buys Indy Houses pays based on your home’s ARV, which stands for After-Repair-Value. ARV is the value of your home after making necessary repairs.

For instance, your home is currently valued at $450,000 and it needs $50,000 in repairs to reach its best condition. In this case, your home’s ARV would be $500,000.

Like most cash buyers, Ben Buys Indy Houses might calculate their cash offer based on the following formula:

Maximum Offer = ARV x 0.7 – Estimated Repair Costs

Based on the ARV example we discussed earlier, Ben Buys Indy Houses would offer you approximately $300,000, which is typically 50% to 70% of your home’s value.

Ben Buys Indy Houses: Selling Process

It is straightforward to sell to Ben Buys Indy Houses. You just need to follow these 4 steps:

  • Get in Touch: Contact them or fill out the website form. Provide your name, email, phone number, and property details such as type of home, number of rooms, and year of construction.
  • Meet the Expert: After you submit your property details, meet the licensed property inspector for a visual inspection. The inspector will note all the necessary repairs to present the preliminary cash offer.
  • Review the Offer: Carefully read the terms and conditions of the presented cash offer. Please note Ben Buys Indy Houses lets you negotiate. They are open to re-evaluations if you find another company with a better cash offer.
  • Close at Your Convenience: Close in as little as 10 days or on your desired closing date. You get a cheque at the title office once the deal closes.

However, ensure that you don’t sign the purchase agreement with any other company to use their re-evaluation option.

Coverage

Ben Buys Indy Houses is a local buyer. They purchase properties in various Indiana cities like Anderson, Avon, Beech Grove, Brownsburg, Carmel, Elkhart, Fishers, Greenwood, Lawrence, South Bend, Indianapolis, etc.

If you’re based out of Indiana, you might not be able to avail of their services. In such a case, you can consider other options like Houzeo.

Reviews and Ratings

Ben Buys Indy Houses has a solid 4.7 out of 5 stars based on 194 Google reviews. On the other hand, they have a decent rating of 3.8 out of 5 based on 15 BBB reviews.

Positive reviews highlight that customers love the fast and easy selling process of Ben Buys Indy Houses. However, some highlight that the company spam calls a lot after receiving the initial inquiry.

Praises

✅ Greg Purdue was impressed by the honest and efficient selling process provided by Ben Buys Indy Houses. He highly recommends their services for selling and would gladly work with them again.

Greg Purdue USSubmitted 2024

Best experience in selling a property! Everything that we talk about was the same from start to finish. Not only did I learn that they buy houses they also will sell it for you. They are a one stop and QUICK honest and fair company. I would use them again.

Source: Google

✅ Tim T found the company’s staff to be professional and forthright in negotiations. In short, they were quick and easy to deal with and offered no shocks at the end.

Tim T USSubmitted 2024

This company and representatives were very professional and forthright in our negotiations in the sale of ****************. It was quick, decisive and most importantly, painless. There were no adverse surprises. Bottom linewe were pleased.

Source: BBB

Complaints

❌ Monica R. was frustrated by the constant spam calls by the company. She had to repeatedly ask Ben Buys Indy Houses to not spam her with sales calls.

Monica R. USSubmitted 2024

These people constantly harrass me calls, texts and letters despite the fact that I have never given them my information. I have told them to stop but they will not. If I wanted to sell my house it would be on the market. It seems as though one of their tactics is to harrass until what you give in? I wouldn’t do business with them even if I was on the market. No respectable business fishes this hard!!!

Source: BBB

❌ Brandy Cooper felt selling through a realtor is better. According to them, Ben Buys Indy Houses flips houses and attempts to make money off the transaction.

Brandy CooperUSSubmitted 2024

If I had the time I would have went thru realtor. These ppl are just here to flip and make money off you. Glad it’s over. Closing ppl weren’t so bad.

Source: Google

Ben Buys Indy Houses: Pros and Cons

Here are the pros and cons of Ben Buys Indy Houses:

👍Pros

  • Multiple Cash Offers: You get to choose an offer based on your needs and priorities from with Ben Buys Indy Houses. As a result, you are in a better position to negotiate the best deal for your property.
  • Buys As-is: Ben Buys Indy Houses purchases in any conditions. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
  • No Costs and Fees: When selling to Ben Buys Indy Houses, you won’t have to worry about paying title fees or closing costs. The company covers these costs on your behalf.
  • No Stay-Back Fee: Ben Buys Indy Houses lets you stay in your house after closing at no cost. In short, you can move out at your comfort with no extra fee.
  • No Obligation: If you don’t like the presented cash offer, you can withdraw from the selling process. Alternatively, you can also ask them to re-evaluate their offer.

👎Cons

  • Lowball Cash Offers: Ben Buys Indy Houses could pay you as per industry standards i.e. around 50%-70% of your home’s FMV.
  • Limited Coverage: Ben Buys Indy Homes offers their services to sellers located in Indiana. If you’re based out of their service area, you might not be able to avail of their services.

Competitor Analysis

» Jump to: Ben Buys Indy Houses vs. Houzeo | Ben Buys Indy Houses vs. Sundae | Ben Buys Indy Houses vs. We Buy Houses

Here are some potential competitors of Ben Buys Indy Houses. We have selected them based on three metrics: sale price, cash offers, and coverage.

1. Sale Price: Ben Buys Indy Houses vs. Houzeo

Ben Buys Indy Houses is an Indiana-based buyer. Like most cash buyers, they extend offers based on standard industry practice. This value is a percentage of the after-repair value.

Houzeo is a marketplace where sellers connect with cash buyers. You can get up to 100% of your home’s value. With buyers from across the US, competition is high, helping you get the best price for your home.

Ben Buys Indy HousesHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating4.7 stars (194 reviews)4.9 stars (8,000+ reviews)
Closing Timeline10 days2 to 60 days
CoverageOnly IndianapolisAll States + DC
Fees$399+
Closing Costs0% to 1% Closing Costs
Scope for Negotiation
Repair Costs

2. Cash Offers: Ben Buys Indy Houses vs. Sundae

Sundae is a cash buyer marketplace. Your listing attracts three no-obligation cash offers with them. Furthermore, you can withdraw anytime if the offers don’t meet your preferences.

Ben Buys Indy Houses, on the other hand, gives you the option to choose the offer based on circumstances. Technically, you will get a single offer. Therefore, opting for Sundae improves your chances of a better deal.

3. Coverage: Ben Buys Indy Houses vs. We Buy Houses

We Buy Houses is a famous cash buyer that purchases properties as-is. They have nationwide coverage. We Buy Houses buys properties in the price range of 50% – 70% of the FMV.

On the other hand, Ben Buys Indy Houses is a local buyer. They purchase homes only in Indiana. So, if your sell-off property is outside Indianapolis and surrounding areas, you might not be able to avail of their services.

“We Buy Houses for Cash” Companies Near Me 🔎

There are other “We Buy Houses As Is” companies in the market. You can request an offer from multiple cash companies and pick the one that suits you the best.

RegionCash Home Buyers
Nationwide Connect Home Buyers | ASAP Cash Offer | Expert Home Offers | House Buyer Network | Swift Homes | Fast Home Offer
Near-Nationwide Homevestors | We Buy Houses | Express Homebuyers| House Cashin | Highest Cash Offer
Northeast I Buy Li | IPS | ibuy585.com | Integrity First Home Buyers| Handsome Homebuyer | New England Home Buyers | Sell Fast Boston | Sell Now Homebuyers | First Choice Home Buyers | 1-800-cash Offer | Halo Homebuyers | Morgan Home Solutions | Sell to Jim | Snappy Home Buyers
MidwestDirect Home Buyers | I Buy SD | Ben Buys Indy Houses | Grandview Homes | Heartland Buys Houses | Christopher Ellyn Homes | Des Moines Home Buyers LLC | Professional Home Buyers | HouseMax | Jay Buys Detroit | Detroit Cash for Homes | Detroit Fair Offer | Minnesota Home Guys | Chris Buys Homes | Upward Home Solutions | Ohio Cash Buyers | All Ohio Home Buyers | Omaha Homes for Cash | Metro Milwaukee Home Buyer | Cream City Home Buyers
SouthCava Buys | Simply Sold | Homego | Irby Buys | Mark Spain Real Estate | 365 Property Buyers | Florida Cash Home Buyers | Quick Home Buyers | Freedom Cash Home Buyers | Sarasota Home Buyers | Maximum Cash Home Buyers | Cash Offer Kentucky | Geaux Home Buyers Llc | The Buy Guys | Maryland Cash House Buyers | Keen Home Buyers | Nc Cash Home Buyers | W Properties | Charleston House Buyers | New Horizon Home Buyers | Sell to Bobby | House Heroes | Traction Home Offer | Pps House Buyers | Investment Capital Home Buyers | MarketPro HomeBuyers | Texas All Cash Home Buyers | 4 Brothers Buy Houses | Advantage Homebuyers of America
WestTarek Buys | Osborne Homes | Property Max | Seller's Advantage | Sundae | Andrew The Home Buyer | Doug Hopkins Real Estate | John Buys Bay Area Houses | Laurel Buys Houses | John Medina Buys Houses | SoCal Home Buyers | Sell Quick California | Gordon Buys Homes | The Buy-Out Company | Oahu Home Buyers | Khd Real Estate LLC | Enlight Homebuyers | We Buy Any Vegas House | Boise House Buyers | Brothers buy homes | House Buyers of America | The Easy Home Buyer | I Will Buy House | Beachworks LLC

Other Options You Should Consider

  • Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. Around one-third of home buyers pay in cash. Hence, selling FSBO helps you to get 100% FMV of your house in cash.
  • Sell Through a Realtor: Traditional Realtors list your property on the MLS and help you at every step of home selling. However, you have to pay them 3% of the home’s sale price for this convenience.
  • Sell Through Discount Realtors: Discount real estate brokers reduce their commissions to offer affordable services. Their commission varies between 0.5% and 2%.

Ben Buys Indy Houses Reviews: Should You Sell To Them?

Yes, you could sell your home to Ben Buys Indy Houses if you’re on a time crunch. However, you might not get the best sale price for your property with them. Even for a decent home, you could get just 10% – 15% more than the standard cash offer.

Therefore, we recommend you select a smarter option like a cash marketplace to sell your home. Houzeo, for instance, lets you browse through multiple cash offers. This empowers you to demand the highest price for your home.

» Houzeo Reviews: Read what 8,000+ customers have to say about Houzeo.

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Frequently Asked Questions About Ben Buys Indy Houses

Is Ben Buys Indy Houses legit?

Yes, Ben Buys Indy Houses is a legit company. They offer cash buying services in Indianapolis, USA. Ben Grise and Kortney Grise founded the company and have helped 1000+ Indiana home sellers get a smooth home sale.

How much can I get with Ben Buys Indy Houses?

Ben Buys Indy Houses is a cash buyer that purchases any type of property. You can expect around 50% - 70% of your home's FMV with Ben Buys Indy Houses. Learn more here.

What types of properties can I sell to Ben Buys Indy Houses?

Ben Buys Indy Houses purchases all types of properties in as-is condition. Some of these include single-family homes, commercial properties, multi-family properties, condos, and apartments.

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