In Q2 2024, over 30% of US homes sold for cash. A cash sale means no repairs, no delays, and a quick 7-14 day closing. No wonder NC homeowners ditch repairs and choose cash buyers for a hassle-free sale!
But here’s a downside! Cash buyers offer just 30% to 70% of your home’s Fair Market Value. Don’t stress—just enter a cash buyer marketplace. Here you can receive offers that can reach up to 100% of your home’s value!
Reviews: 5 Top Cash Home Buyers in North Carolina
1. Houzeo.com: North Carolina’s #1 Cash Home Buyer Marketplace
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $199Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers, increasing the number of offers you receive.
- Pricing:
- Silver Plan – $199: 6-month MLS listing, 24 photos.
- Gold Plan – $249: Maximum photos, contract review, seller disclosures, licensed broker assistance.
- Platinum Plan – $299: Everything in Gold with a 12 month listing and virtual full-service with licensed broker.
» Houzeo Reviews: Find out why Houzeo is one of America’s best cash buyer marketplaces.
Houzeo is America’s #1 cash buyer marketplace because of 5 reasons:
- Max Exposure: Houzeo’s packages give you access to the MLS and 100s of websites like Zillow, Realtor.com, Redfin, etc.
- 5-Star Customer Service: Houzeo’s customer service desk is available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.
- No Listing Commission: You’ll pay just a small flat fee to list on MLS. You get to bypass the 3% listing agent commission!
There are no dealbreakers with Houzeo.
» Houzeo Pros and Cons: Read the advantages and disadvantages of choosing Houzeo to sell your home for cash.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
With Houzeo, you can connect with North Carolina’s top cash home-buying companies and individual investors. You can also get multiple competitive offers for your home. This increased exposure helps you get maximum profit.
2. ASAP Cash Home Buyers
NATIONWIDE COVERAGE
Service Fee: NoneASAP Cash Home Buyers aims to provide a straightforward process for quick sale. They offer cash for properties in various conditions including damaged homes due to fire or flood and not covered by insurance.
- Typical Offer: While not explicitly stated on their website, the offers typically range from 50% to 70% of the property’s Fair Market Value.
- Eligible Properties: The company buys a variety of properties including condos, townhouses, etc. Properties with structural issues or facing foreclosure homes, even those in high-crime areas, are also considered.
- Closing Offer Terms: They aim for a fast closing, with timelines potentially ranging from 7 to 28 days after accepting the offer.
- Service Fee: None
Here are some of the benefits that you get with ASAP Cash Home Buyers:
- Nationwide Coverage: ASAP Cash Home Buyers operates across all 50 states, offering broad accessibility.
- Flexible Closing Date: They aim to work with your preferred closing timeline, potentially closing in as little as 7 days.
- No Hidden Costs: ASAP Cash Home Buyers mention all their fees upfront.
- Purchase of Distressed Home: You can sell your home as-is to save time and without any minor repair work.
In our research, we have found certain drawbacks of ASAP Cash Home Buyers:
- Varying Level of Service: ASAP Cash Home Buyers partners with other real estate investors. Therefore, there’s no guarantee that you will work with a knowledgeable and responsive buyer.
- Only Purchase Homes: ASAP Cash Home Buyers does not buy property interests like timeshares, hotels, or rental communities. Thus, if you want to sell other properties, you need to consider other options.
- Limited Negotiation: Since they have a streamlined process, it can result in fixed terms and conditions. This means you have less opportunity to negotiate on the offered price.
ASAP Cash Home Buyers has a rating of 4.8 out of 5 stars with 35+ reviews on Google.
» ASAP Cash Home Buyer Review: Read our in-depth analysis.
ASAP Cash Home Buyers is headquartered in Fort Lauderdale, FL, and is a team of real estate investors. They specialize in fast transactions and provide a seamless home-selling process without any closing fees.
However, ASAP Cash Home Buyers will only give 50% to 70% of your home’s fair market value if it requires extensive repairs.
3. NC Cash Home Buyers
No Hidden Fees
Service Fees: NoneNC Cash Home Buyers is a real estate firm that provides a hassle-free option for selling your house in North Carolina.
- Service Fee: None.
- Typical Offer: You can get up to 50% to 80% of Fair Market Value (FMV).
- Eligible Properties: They buy distressed properties that have structural issues, condemned homes, and inherited houses. They also work with sellers facing situations such as divorce or a death in the family.
- Closing Offer Terms: NC Cash Home Buyers offer a flexible closing timeline. Apart from that, they can close a deal within 72 hours in most cases.
NC Cash Home Buyers has a couple of advantages, which leans in your favour:
- Fast Cash Offer: They provide no-obligation cash offer, which is free of charge.
- Sell Your House As-Is: You can sell your home as-is in North Carolina and avoid minor repairs or home staging.
Keep an eye out for the following deal breakers when selling your house for cash to NC Cash Home Buyers:
- Limited Coverage: NC Cash Home Buyers only offers cash for houses in North Carolina.
- Lower Offers Due to Repairs: Since they consider repair costs and market conditions, you may receive lower offers, especially if major repairs are needed.
NC Cash Home Buyers has 4.7 out of 5 stars with 30+ reviews on Google Reviews.
» NC Cash Home Buyers Reviews: Discover why selling your home through NC Cash Home Buyers might not be the best choice.
👉 Our Take: NC Cash Home Buyers is a good choice if you want to save on repair costs. However, you have to settle for a price that’s almost half of the home’s Fair Market Value when you sell as-is.
4. Opendoor
SEASONED IBUYER
Service Fee: 5%Opendoor is the biggest iBuyer in the U.S. They offer cash for your home within 24 to 48 hours of submitting your details on their website. Opendoor is also flexible with closing timelines and move-out dates.
- Typical Offer: 70% to 80% of your property’s Fair Market Value.
- Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes or homes with tenants do not qualify for Opendoor’s cash offer.
- Closing Offer Terms: Opendoor claims to let you close at your pace, up to 45 days after their offer. However, be aware that your final offer may change.
- Service Fee: You will be charged 5% of the home sale price.
Here are some of the benefits that you get with Opendoor:
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Sell As-Is: Opendoor helps you avoid the hassle of making minor repairs and you can sell your house as-is.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancellation Fees: You can cancel the contract anytime without incurring any fine.
In our research, we have found certain drawbacks of Opendoor:
- Low-ball Cash Offer: Opendoor’s final cash offer may be below your property’s Fair Market Value, around 70%. They also deduct repair and closing costs.
- Hefty Service Fees: Opendoor will charge you a steep 5% service fee.
- Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.
Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.
» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.
Opendoor is a good option if your home needs minimal repairs. You can get a maximum of ~80% of your property’s fair market value. However, this means leaving thousands of dollars on the table. Their service fee is also a steep 5% of your home’s sale price.
5. Express Homebuyers
AS-IS CASH HOME BUYER NETWORK
Service Fee: NoneExpress Homebuyers specializes in making all-cash offers on distressed houses. They cater to home sellers who want to sell their houses fast without making any repairs.
- Service Fee: None.
- Typical Offer: You can get up to 50% to 70% of your house’s Fair Market Value (FMV).
- Eligible Properties: Express Homebuyers deals in inherited houses, homes sold after divorce, foreclosure properties, rental properties, and more.
- Closing Offer Terms: The company has a flexible closing timeline and can buy your home at your convenience. Usually, they close within 2 to 4 weeks.
Following are some of the reasons, that makes Express Homebuyers are good choice to sell your home:
- Flexible Closing Date: Closing dates can be finalized as per your terms.
- No Charges or Fees: Express Homebuyers does not charge you any fees. You will receive the full selling price based on market research and the house’s conditions.
- Sell As-Is: You need not prep the home for listing, home staging, or worry about making repairs.
The company has some negatives to look out for as well:
- Unresponsive Customer Support: Previous clients have complained about their lack of communication and half-hearted responses.
- Non-Negotiable Offer: You must either accept or decline the offer without requesting changes or modifications. The offer will not be more than 80% of the property’s Fair Market Value.
Express Homebuyers has a rating of 4.4 out of 5 stars with 160+ reviews on Google Reviews.
» Express Homebuyers Reviews: Is there no service fee for real? 😲
👉 Our Take: Express Homebuyers can be a great option to sell an extremely distressed property. However, if your house needs minimal or no repairs, then you should consider listing on the MLS.
Best Cash Home Buyers Near Me in North Carolina
| 1. Asheville, NC | Cash Home Buyers in Asheville, NC |
| 2. Charlotte, NC | Cash Home Buyers in Charlotte, NC |
| 3. Greensboro, NC | Cash Home Buyers in Greensboro, NC |
| 4. Raleigh, NC | Cash Home Buyers in Raleigh, NC |
Are Companies That Buy Houses for Cash in North Carolina Legit?
Yes, companies that buy houses for cash are legitimate and operate legally nationwide. In fact, the National Association of Realtors (NAR) validates cash buyers in NC. However, be sure to read company reviews and seller testimonials to find a legitimate cash buyer.
3 Types of Companies That Buy Homes in North Carolina
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors and ASAP Cash Home Buyers purchase distressed homes, typically paying 30% to 70% of their FMV.
- iBuyers: iBuyers, such as Opendoor and Offerpad, provide instant cash offers between 70% and 80% of the FMV. They have strict eligibility requirements, limiting the types of homes they purchase.
- Home Trade-in Services: Companies like Knock or Orchard offer cash for your home before you move out. This helps you buy your new house without any delay.
4 Steps to Sell Your Home for Cash in North Carolina
Not sure how to sell your home for cash in North Carolina? Just follow these 4 steps:
- Find a Cash Home Buyer: Research all local companies buying houses for cash and opt for one with great client testimonials.
- Request an Offer: Once you’ve selected a cash buyer, request an offer on their website. You’ll have to provide information like the property type, number of rooms, asking price, etc.
- Schedule a Home Visit: A company representative will then inspect your house. The final cash offer will be based on the outcome of this inspection.
- Close the Deal: If you’re happy with the offer, finalize the deal. Remember to get all the paperwork for selling a house without a Realtor verified by a real estate attorney.
How Much Do Cash Buyers in North Carolina Pay?
North Carolina cash house buyers usually offer between 30% to 70% of a home’s After-Repair Value. However, it depends on factors like the company you’re selling to, their service fees, etc. Here’s how the After-Repair Value is calculated:
After-Repair Value (ARV) = Property Purchase Price (PPP) + Cost of Repairs (COR)
Imagine if you were selling your $367,800 home in North Carolina. With a traditional cash home buyer, you could get just $257,460. But on a cash buyer marketplace like Houzeo, you could get multiple offers, potentially driving your sale price to 100% of its FMV.
| Service Provider | Service Fee | ARV Estimate | Actual Offer |
| Cash Buyer | None | 70% | $257,460 |
| iBuyer | 5% | 80% | $294,240 |
| Houzeo | $199* | Up to 100% | $367,601 |
» Houzeo Reviews: Find out why Houzeo is North Carolina’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in North Carolina
Given that more sellers are opting for cash buyers in North Carolina, here are some pros and cons you must consider before you sell with them:
✅ Pros
- Fast Cash Offers: “We Buy Houses for Cash” companies extend offers within 24-48 hours.
- Flexible Closing: Cash buyers in North Carolina close quickly and on your timeline. So you can sell your home anywhere between 7 days to 30 days.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: North Carolina cash house buyers typically pay only 30% to 70% of a home’s FMV. So you leave a significant amount of your home’s equity on the table.
- Non-Negotiable Deals: Such cash offers are usually take-it-or-leave-it. There’s little to no room for negotiation, which limits your ability to secure a better offer.
- Possible Closing Costs: Some cash buyers might force you to pay seller closing costs in North Carolina. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams 🚩
If any North Carolina cash home buyer extends an offer that seems to-good-to-be-true, it probably is. Stay alert, and don’t fall victim to the following scams.
- Bait-and-Switch Offers: Scammers present appealing offers and then change them later, hoping you’ll accept out of desperation. Always verify the terms before you sell your house for cash or accept an offer.
- Deed Fraud: Fraudsters can sell or mortgage your home without your consent using fake documents. Check customer testimonials and online reviews before you select a cash buyer.
- Loan-Flipping Scams: Some scammers may pressure you to sell your home fast for cash by offering loans that drain your equity. Always consult a trusted advisor before agreeing to any cash offer.
- Email Phishing: Scammers send fraudulent emails pretending to be agents, title companies, or lenders. They trick you into wiring money or providing personal details for fake services. Always confirm the authenticity of any cash offer for a home via a phone call.
» We Buy Houses Ripoff: Learn how to avoid falling victim to the scam.
Alternatives to Companies That Buy Houses for Cash in NC
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a North Carolina Flat Fee MLS listing service. Your home is visible to multiple cash buyers, increasing your offers.
- For Sale By Owner: In an FSBO sale, you’ll have to opt for “DIY” marketing strategies like using yard signs, word of mouth, open houses, etc. North Carolina FSBO websites also limit your home’s exposure, which lowers your home sale price.
- Full-Service Realtors: They provide various services from listing to closing, but charge a hefty 5% to 6% commission.
- Discount Real Estate Brokers: They offer services like contract review and negotiation for a lower fee than traditional agents. Discount brokers in North Carolina charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in North Carolina?
Yes, you can sell to cash buyers. But say goodbye to 30% to 70% of your home’s equity. That’s the price you pay for a quick sale. On the other hand, on a cash buyer marketplace, you can get multiple offers, sell fast, and potentially keep more money.
Frequently Asked Questions
Which is the best company that buys houses for cash in North Carolina?
Houzeo is the best cash buyer marketplace in North Carolina. Companies like Opendoor and ASAP Cash Home Buyers are other great options for selling homes for cash.
How can you sell to companies that buy houses for cash in North Carolina?
To sell to companies that buy houses for cash, first research local cash buyers in North Carolina or use a cash buyer marketplace. Then, submit your home’s information and get an offer within 24-48 hours. You can complete the sale in as little as a week once you finalize the agreement.
How fast can I sell my North Carolina house?
You can sell your house fast for cash in North Carolina within 7 to 30 days with a cash home buying company. However, you get only 30% to 70% of your property's Fair Market Value. To get a higher price, sell to a cash buyer marketplace like Houzeo and attract multiple cash offers.
What to look for when choosing cash home buyers?
Look for legitimate cash home buyers that have a great reputation in the industry. They should have positive customer reviews on platforms like Google and Trustpilot that highlight their transparent processes and fair offers.
