Chris Buys Homes is a local cash house buyer in Missouri. They purchase distressed homes as is and provide a quick closing timeline suitable for those with a time crunch.
However, when you work with Chris Buys Homes, you trade money for speed. You may get just 50% to 70% of your home’s market value. Moreover, there is very little scope to negotiate the extended offer.
In this blog, let’s look at Chris Buys Homes reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: Chris Buys Homes helps you save on repair costs that could run into thousands of dollars. They purchase your home as is and can give you a cash offer in just 7 minutes.
- Cons: Chris Buys Homes has a very limited coverage area. They operate only in the state of Missouri. Further, their cash offers are just 50% to 70% of your house’s Fair Market Value.
- Our Take: We don’t recommend Chris Buys Homes as you won’t get top dollar for your property. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Chris Buys Homes.
What is Chris Buys Homes?
Chris Buys Homes is a traditional “We Buy Houses for Cash” company. They extend all-cash offers on distressed properties over the phone. If you wish, they can even visit your home and give you the offer in person.
Like a home flipper, they buy houses at a discount, renovate them, and then sell them for a profit.
Chris Buys Homes primarily caters to home sellers who need to sell their properties quickly. Hence, they extend offers in just 7 minutes and can close at your convenience.
What Types of Properties Does Chris Buys Homes Purchase?
Chris Buys Homes purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:
- Inherited properties
- Homes with structural damages
- Rental properties with tiresome tenants
- Houses facing foreclosure
When compared to other cash home buyers, you may be robbed of a huge chunk of money with Chris Buys Homes.
To avoid such a possibility, list on the MLS with a flat fee company like Houzeo and compare multiple offers from cash companies and iBuyers alike.
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👉 IMPORTANT: Review local housing sales data and determine the Fair Market Value of your property before requesting a cash offer from Chris Buys Homes.
Chris Buys Homes vs. Houzeo
Selling to Chris Buys Homes seems hassle-free. But you pay for this convenience by selling your home at a reduced price.
On the other hand, an MLS listing with Houzeo’s Gold plan equips you with advanced technology to call for the highest and best offers. You can also counter offers to help you get a deal closer to your expectations.
| Chris Buys Homes | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.7 stars (96 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 10 to 30 days | 2 to 60 days |
| Fees | ❌ | $379 |
| Closing Costs | ❌ | 1% to 3% Closing Costs |
| Scope for Negotiation | ❌ | ✅ |
| Repair Costs | ❌ | ✅ |
» Houzeo Reviews: Still not convinced? Read what customers have to say about Houzeo.
Chris Buys Homes: Pros and Cons
Chris Buys Homes is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Chris Buys Homes Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Chris Buys Homes matches up to these expectations.
- Buy As Is Houses: This “We Buy Homes Fast” company purchases homes as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
- Quick Closing: Chris Buys Homes reviews say they have a flexible closing timeline. So, you can move out at your convenience.
- No Service Fees: This cash buyer doesn’t charge any service fee when you sell your house to them. You save money while enjoying the convenience of a quick sale.
⛔ Chris Buys Homes Cons
Chris Buys Homes complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Chris Buys Homes views your house as an investment opportunity. So, your offer price may be much lower than the market price of your property.
- Little to No Scope for Negotiation: With cash home buyers like Chris Buys Homes, you don’t have room to negotiate your cash offer. If you still want to try your luck, ensure that you back your arguments with proof.
- Limited Coverage: This cash buyer operates only in the state of Missouri. So home sellers in other parts of the country may find it difficult to avail of their services.
Best Alternatives to Chris Buys Homes
Even if you want to sell your house fast for cash, look for some alternatives better than Chris Buys Homes. We’ve listed three below:
- Houzeo: Houzeo is one of the best FSBO websites in America that lets you list your home on the MLS in just 24 to 48 hours. Here, multiple national and local cash home buyers make offers on your property, driving up its price. You can even get 100% of your home’s FMV.
- Opendoor: Opendoor is the largest iBuyer in America extending cash offers for homes needing minimal repairs. They generally pay 70% to 80% of your home’s FMV but deduct a 5% service fee, closing costs, and repair costs from the offer.
- HomeVestors: HomeVestors is a cash home buyer franchise offering 50% to 70% of the home’s FMV. However, they may deduct repair costs at closing. Further, since each office is independently owned, you won’t get consistent service across the country.
“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.
Frequently Asked Questions About Chris Buys Homes
1. Is Chris Buys Homes legit?
Yes. Chris Buys Homes is a legitimate company that buys houses for cash in Missouri.
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Chris Buys Homes Reviews Real Estate Reviews
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