Table of Contents

22 min read Jan 18, 2023

7 Best Companies That Buy Houses for Cash In Alaska (2023 Updates)

Companies That Buy Houses for Cash in Alaska

Homes sold for 33.6% more than the listing price, and home prices being 3.9% up as compared to last year, homes are selling way above the asking price. The majority of these sales were cash transactions. There are two types of companies that buy houses for cash in Alaska:

  • iBuyer CompaniesTypically offer 70% to 100% of the property’s fair market value. iBuyers in Alaska have high service fees and do not buy distressed properties.
  • “We Buy Houses for Cash” Companies: Typically offer 50% to 70% of the property’s fair market value. “We Buy Houses for Cash” companies in Alaska has no service or closing fees. They will buy properties that are distressed.

👉 Get Top Dollar Cash Offers On Your Terms: Major cash buyers, including Opendoor and Homevestors, have submitted cash offers for homes listed on Houzeo. An MLS listing via Houzeo.com gives you maximum exposure to cash house buyers. List NOW!

Rankings: 7 Best Companies that Buy Houses for Cash in Alaska

CompanyPotential Offer Price*Service FeesClosing Time100% Online5-star Reviews**Mobile App
1. Houzeo.com100% of Market Value$349 Flat Fee7 to 60 days
2. RedfinNow90% to 100% of Market Value5% to 13% of Sale Priceup to 45 days
3. Offerpad80% to 100% of Market Value5% of Sale Price7 to 60 days
4. Sell My House Fast50% to 70% of Market ValueNone7 to 30 days
5. ASAP Cash Home Buyers50% to 70% of Market ValueNone7 to 30 days
6. House Cashin50% to 70% of Market ValueNone7 to 30 days
7. 1-800-CashOffer50% to 70% of Market ValueNone7 to 30 days

*An MLS listing via Houzeo exposes your home to the open market. The open market will almost always be more competitive than offering your house to a single potential cash home buyer.

** For 5-star Customer Reviews, ratings above 4.75 out of 5 stars have been considered. Houzeo has rated 5.0 stars on Google Reviews and 4.9 stars on Trustpilot.

Reviews: 7 Best Companies that Buy Houses for Cash in Alaska

1. Houzeo.com

🎖️ Max Exposure to Cash Buyers

Houzeo

Houzeo Logo
  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4,434 reviews)

Houzeo is the best option if you’re looking for multiple cash offers. An MLS listing via Houzeo.com provides exposure to the max number of cash buyers. This includes Opendoor and Homevestors, who have recently submitted cash offers on Houzeo.

  • Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
  • Maximum Cash Offer: Your property will get max exposure to cash buyers via the MLS. This includes major portals like Zillow, Realtor.com, and Redfin. All local and national cash buyers, including iBuyers, will be aware of your listing and compete for it.
  • Types of Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
  • Flexible Closing Date & Offer Terms: You can specify and negotiate the cash terms you want for your closing.
  • Nationwide Coverage: Houzeo is available in 47 states across the U.S., so you can market to local cash buyers almost anywhere.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. It will get you maximum exposure to cash buyers via the MLS. You will also have Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App

  • Near Nationwide Coverage: Houzeo covers 47 states + DC.
  • No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
  • 100% online: Easy listing, fast changes, online showings, and online offers
  • Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate websites
  • Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
  • Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
  • 5-Star Customer Service: Superb support that minimizes Houzeo complaints
  • No Hidden Fees: There are no Houzeo hidden fees

» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services

Houzeo has a stellar rating of 4.9 out of 5 stars, with reviews on popular sites like Google & Trustpilot.

» Houzeo Reviews: Check out what customers have to say about Houzeo.com!

Houzeo is available nationwide with coverage in 200+ markets.

The 2 Best iBuyers in Alaska

iBuyers, aka instant buyers, harness technology and market data to compute cash offers for homes in Alaska.

Also called iBuyer companies, these cash home buyers have strict home purchase criteria and are only available in limited locations.

» More: How Does Selling to an iBuyer Work?

2. RedfinNow

AS-IS IBUYER

RedfinNow

Logo - RedfinNow
  • Service Fee: 5% to 13%
  • Closing in 10 days
  • RedfinNow has 2.5 stars on TrustPilot 2.4/5 (out of 8 reviews)

🛑 CLOSED: On November 8th, 2022, Redfin shut down operations of RedfinNow, and the company will no longer buy homes for cash.

RedfinNow, the “as-is iBuyer,” is the extended iBuying arm of Redfin, America’s largest discount brokerage firm. Unlike the other iBuyers, RedfinNow also buys vacant homes, so almost every homeowner may get reasonable cash offers.

  • Service Fee: 5% to 13% of Home Sale Price
  • Typical Offer: 70% to 90% of Fair Market Value (FMV)
  • Types of Properties Purchased: RedfinNow offers cash for houses irrespective of their condition, and even distressed properties and vacant houses will get an offer.
  • Closing Date & Offer Terms: RedfinNow provides a flexible closing date, up to 45 days out, and sometimes even as early as 14 days. RedfinNow’s offer terms are rigid and can change significantly after the home inspection.
  • Limited Coverage: Redfin is the second-largest iBuyer by coverage & covers 30+ markets.

🚩 You Should Know: This iBuyer company makes fairly competitive cash offers, but RedfinNow’s service fees may go up to 13% of the home’s sale price, which is a considerable cost to pay for the convenience.

👉 Our Take: RedfinNow looks appealing, but the service fee is directly proportional to the condition of your property. Houzeo’s MLS listing increases your chances of getting a better cash offer because investors scouring the MLS usually don’t care about the property’s condition and can offer more cash than this iBuyer.

» RedfinNow Reviews: Is RedfinNow the Best Cash Home Buyer in 2023?

  • Purchases properties as-is, with more stringent formalities than other iBuyers.
  • 90-day flexible closure window
  • RedfinNow service fees might be as high as 13% of the home’s sale price.
  • No incentives even if you trade in your home.
  • As a “late checkout,” you can rent your house up to 14 days from the final offer acceptance date.
  • Best for home sellers looking for a fast, predictable cash sale
  • RedfinNow’s representatives evaluate your home and make a cash offer on your house based on Redfin’s home pricing formula.

RedfinNow has a poor rating of 2.4 out of 5 stars on TrustPilot.

» RedfinNow Review: Check out exclusive customer reviews of Redfin Now

3. Offerpad

📢 Select Markets OnlyOfferpad only offers cash for houses in select markets of Alaska and has strict purchase criteria.

FASTEST CLOSING

Offerpad

Offerpad-Logo
  • Service Fee: 5%
  • Close in 10 days
  • Offerpad has 4.5 stars out of 5 on TrustPilot 4.6/5 (out of 165 reviews)

Known for its fast closing schedule, Offerpad is an iBuyer founded in 2017. Offerpad’s patented evaluation tool generates an initial offer price for the property based on housing market stats and insights from in-house real estate market specialists.

  • Service Fee: 5% of Home Sale Price
  • Typical Offer: 70% to 90% of Fair Market Value (FMV)
  • Types of Properties Purchased: Offerpad offers cash for houses only in desirable neighborhoods and for properties that need zero or minimal repairs. Distressed properties may not get a cash offer from Offerpad.
  • Closing Date & Offer Terms: Offerpad has the fastest closing schedule, with the earliest timeline being 7 days and up to 45 days out. Their offer terms are inflexible, and the initial cash offer terms may change after the home inspection.
  • Limited Coverage: Offerpad only covers 22 markets.

🚩 You Should Know: Offerpad’s final cash offer is calculated after deducting home repair costs and seller closing costs. For the ease of an instant cash offer and fast closing, you may pay up to 13% of your home’s sale price in service fees. Also, if you want to back out of the deal with Offerpad after accepting a cash offer, you will have to pay a 1% cancellation fee.

👉 Our Take: Offerpad can be considered if you need to sell quickly, and this iBuyer offers cash for houses in your zip code. Remember—an MLS listing on Houzeo.com will automatically put you in front of Opendoor and other cash house buyers.

» Offerpad Reviews: Is the Fast Closing Schedule Worth the Tradeoff?

  • In just 10 days, you can close your house sale with Offerpad
  • No need to fix or prepare the house
  • Long-term stay option for house sellers
  • Closing costs and service fees can add up to more than 10% of the purchase price in some situations, resulting in a lower cash offer than expected
  • 1% cancellation fees if you back out of the deal after acceptance

Offerpad has a 4.6 out of 5 stars rating on TrustPilot.

» Offerpad Review: Check out exclusive customer reviews of Offerpad

The 4 Best “We Buy Houses for Cash” Companies in Alaska

“We buy houses for cash” companies are conventional, fast cash home buyers. They make instant cash offers for houses, even extremely distressed properties.

Usually a “franchise” network of real estate investors and local house flippers, “we buy houses for cash” companies offer as low as 30% of the home’s fair market value.

» Cash Buyers: Check out America’s best “We Buy Houses for Cash” Companies

4. Sell My House Fast

Easy Home Selling Process

Sell My House Fast

Sell-My-House-Fast
  • Service Fee: None
  • 4.75 Stars 4.9/5 (27 Reviews)

Sell My House Fast is one of the best cash home buyers in Alaska. They’ve been in this business for more than two decades. With great reviews and consistent results, Sell My House Fast helps various homeowners sell their homes without hassle. They buy all real estate types, including houses, condos, townhomes, apartments, buildings, duplexes, and multi-family houses.

Sell My House Fast covers all the closing costs involved during the transaction and even buys houses in as-is condition. You can get a preliminary offer within the first 24 hours and can close within 7 days.

  • Service Fee: No Fees, No Commission. They even cover the closing costs.
  • Typical Offer: 50% to 70% of the Fair Market Value (FMV)
  • Types of Properties Purchased: They buy houses as-is for cash, so you don’t have to delay your sale for financing or repairs.
  • Easy Home Selling Process: There’s no need to arrange a showing to get your house sold. Just fill out the form and get a cash offer within a day.
  • Closing Date & Offer Terms: With Sell My House Fast, you can decide your feasible closing date. They can close in just 7 days. You can move into your home without any closing delays.
  • Coverage: They buy houses for cash in all over Alaska.

👉 Our Take: If you’re looking forward to selling your home fast, with ease, and not willing to invest in repairs, then they’re one of the best choices in Alaska.

1. No hidden fees and commission
2. Great customer reviews
3. Get a preliminary offer within 24 hours
4. Sell without any repairs
5. Close in as little as 7 days

They have an average rating of 4.9 stars from 27 reviews on Google.

Available Nationwide!

5. ASAP Cash Home Buyers

Instant Cash Offer

ASAP Cash Home Buyers

ASAP-Cash-Home-Buyers
  • Service Fee: None
  • 3.5 Stars 3.75/5 (Out of 3 Reviews)

If you’re in a hurry to sell your residential property, such as townhomes, multi-family units, condos, or single homes, then ASAP Cash Home Buyers might be the right choice. They have been in this business for the last 9 years and provide this service nationwide.

ASAP cash home buyers buy houses regardless of condition, location or price and promise to offer a fair market value. They even refer their clients to credit and legal counseling services to make better decisions.

Note: They are not interested in properties like timeshares, hotels, or rental communities.

  • Service Fee: No fees!
  • Typical Offer: 50% to 70% of the Fair Market Value (FMV)
  • Types of Properties Purchased: They buy houses in as-is condition. Also, they show a keen interest in residential properties.
  • Easy Home Selling Process: You don’t need to schedule a showing to sell your house. Simply complete the form to receive a cash offer the next day.
  • Closing Date & Offer Terms: Their turnaround time is as little as 24 hours. So, once you receive your cash offer, the ball is in your court, and now you’re responsible for setting a closing date.
  • Coverage: They buy houses for cash nationwide.

👉 Our Take: ASAP Cash home buyers specialize in buying distressed properties or properties that seem like nobody else wants to purchase. They’re transparent in their processes with no hidden fees.

1. Buys distressed properties
2. Turnaround time is as little as 24 hours
3. No Hidden Fees
4. Purchases residential properties
5. Refers their clients to legal and credit counseling services

They have an average rating of 3.7 stars on Google.

Available Nationwide!

6. House Cashin

CASH HOME BUYER

House Cashin

CCC - House Cashin Logo
  • Service Fees: None
  • Offers made in 24 hours
  • 5 Stars 4.7/5 (out of 15 reviews)

House Cashin is a collective of real estate investors, who connect home sellers to credible real estate investors and other parties. So instead of just 1 offer homeowners get up to 5 offers in 24 hours. The proceedings can be initiated after the homeowner picks the best offer.

  • Service Fee:  None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of properties including damaged ones and termite infected houses.
  • Closing Date & Offer Terms: On average, the closing time is 7 days.
  • Coverage: House Cashin buys houses nationwide.

👉 Our Take: House Cashin is a company that connects homeowners with potential buyers, since there is multiple offers the client can pick one at their convenience.

  • Competitive cash offers within just 24 hours.
  • No repairs or cleaning.
  • No commissions or closing costs.
  • The closing date can be at your convenience.

House Cashin has 4.7 stars out of 5 on Google.

House Cashin buys houses nationwide.

7. 1-800-CashOffer

NATIONAL COVERAGE

1-800-CashOffer

1-800-CashOffers Logo
  • Service Fee: None
  • Designed for distressed properties
  • 5 Stars 5/5 (out of 5 reviews)

1-800-CashOffer has a network of cash buyers that are seasoned professionals and real estate veterans, not amateur flippers. All you need to do is share property details, and a cash offer will be made on your house.

The cash offer is calculated based on local market data. It is possible to get multiple cash offers for your house if it is in a desirable location!

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: 1-800-CashOffer will make a cash offer in distressed, unfavorable locations as well as desirable neighborhoods.
  • Closing Date & Offer Terms: 1-800-CashOffer provides a flexible closing timeline, up to 90 days out. The offer terms and closing costs can be negotiated, but there’s no hard data.
  • Limited Coverage: 1-800-CashOffer makes cash offers nationwide.

👉 Our Take: 1-800-CashOffer is best for home sellers who don’t wish to make any repairs and don’t mind leaving some cash on the table. Remember—an MLS listing on Houzeo.com will automatically put you in front of multiple cash buyers like Opendoor, RedfinNow, and local cash investors.

  • 1-800-CashOffer operates in all 50 states
  • Receive multiple offers.
  • Skip repairs
  • Offers may be less than fair market value.

1-800-CashOffer has a 5 out of 5 stars on the Better Business Bureau.

1-800-CashOffer operates nationwide.

Are Companies That Buy Houses for Cash in Alaska Legit?

Yes, companies that buy houses for cash or cash home buyers in Alaska are legitimate and operate legally nationwide.

However, no industry is free from scammers or companies following “malign practices,” and scams happen in every industry. Never pay any money while requesting an all-cash offer on your house.

Check customer reviews and inspect how the company operates before signing any property documents.

Understanding Cash Home Buyers in Alaska

In Alaska, companies that buy houses for cash include institutional cash home buyer companies, house flippers, and local real estate investors. They make all-cash offers on homes and typically pay 70% to 90% of the home’s fair market value.

Cash buyers in Alaska don’t negotiate the offer, leaving little room to get 100% of your home’s market value.

💲Cash for My HouseList on the open market with Houzeo.com and get 100% Fair Market Value of your property.

Types of Cash Home Buyers

Companies that buy houses for cash in Alaska help home sellers skip the hassle of listing on the MLS, marketing their homes creatively, home staging, etc. Two types of house buyer companies make cash offers on homes for sale:

1. “We Buy Houses for Cash” Companies: Lowball Cash Offers But Zero Service Fees

Cash buyer companies that buy distressed properties as-is typically pay 30% to 70% of the home’s fair market value. We recommend “We Buy Houses for Cash” companies for:

  • homeowners with inherited homes that need extensive repairs.
  • homes with structural issues.
  • properties facing foreclosure.
  • homes of couples going through a divorce.

Companies like HomeVestors and We Buy Houses are “franchise” networks of pre-vetted real estate investors. Every office is operated autonomously by investors buying homes for cash. This network includes retail cash home buyers, local house flippers, and nationwide investors.

» Selling Inherited Property in AlaskaCheck out our guide if you want to sell your family home.

2. iBuyers: Fair Cash Offers But Hefty Service Fees

Companies that buy houses for cash with instant non-negotiable offers are calculated based on the property’s location, house condition, required repair costs, calculating ARV (After Repair Value), etc. You get 70% to 90% of the home’s fair market value.

Unlike cash home buyers in Alaska that compare local sales data and rely on in-house experts, iBuyer companies use proprietary algorithms to compare millions of historical pricing trends to determine a competitive cash offer price. Opendoor offers the most cash compared to other iBuyers, while Offerpad is known for its fast closings.

» More: How Does Selling to an iBuyer Work?

How Do I Sell My House Fast for Cash?

Listing on the MLS is the fastest way to get instant cash offers in Alaska from “cash for houses” companies. Cash buyer companies and local real estate investors are always scouring the MLS for properties. To sell your house fast for cash, you can also consider the below tips:

  • Listing on the MLS
  • Pricing your home competitively
  • Offering a competitive buyer agent commission
  • Responding fast to inquiries, showings, and offers

» Sell My House Fast for Cash AlaskaHere’s a guide to help you sell your AK home quickly for cash.

Should I Sell My Alaska House As Is?

Selling “as is” means putting your house for sale in its existing condition without any upgrades or improvements. Home sellers choosing to sell their homes as-is are usually in unprecedented situations like a financially difficult situation or need impromptu relocation.

» Selling a Home As Is in AlaskaCheck out our guide for selling your house as-is.

💲Market to the Biggest Pool of Cash Home Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

Selling a House to an iBuyer

When selling a house to iBuyers, technology and data go hand-in-hand to calculate your home’s worth. While each iBuyer in Alaska may have different ways of functioning, this is what typically happens when selling properties to an iBuyer company:

  • Step 1 – Submit information about your home: iBuyers collect information through an online form or over the phone. Sellers need to share the property’s location and basic details of the house.
  • Step 2 – Receive a preliminary cash offer: After an initial evaluation to check if your house passes its eligibility criteria, you usually get a preliminary cash offer. Usually, this offer is a take-it-or-leave-it deal.
  • Step 3 – Complete a home inspection: An onsite visit is scheduled if you accept the preliminary cash offer. The representative will assess your property.
  • Step 4 – Review final cash offer: Repair costs and expenses are adjusted in the preliminary cash offer. Then, the iBuyer sends a final cash offer for the house.
  • Step 5 – Close the deal: iBuyers provide more flexibility on the closing schedule. You may be able to close within 7 days!

👉 Know Your Home’s Worth Before Selling to an iBuyer: Even if your property is eligible for iBuyers, it’s always a good idea to get an estimate from a local realtor to find out how much your home could sell for on the open market.

» iBuyer Reviews: Check out our rankings for the top iBuyers and marketplaces in 2023!

Which Homes Qualify for Most Alaska iBuyers?

iBuyers only offer cash for houses that qualify their purchase criteria. Typically, these criteria are similar for major iBuyers like Opendoor and Offerpad:

  • Home types: Single-family homes, Townhouses, Duplexes, Condominiums
  • Year built: After 1930
  • Lot size: Maximum lot size of 1–2 acres, depending upon market
  • Value: Between $100,000 and $600,000 (can be as high as $1.4 million in some markets)
  • Occupancy: Owner-occupied only

iBuyers have made exceptions in some markets, so it’s best to request a cash offer from an iBuyer that buys homes in your locality.

👉 Cash for Distressed Properties: Houses listed on the MLS receive offers as long as one can reside in them after purchase. Even distressed properties may get better cash offers when listed on the open market.

How Much do iBuyers Pay?

As high as 104.1% and as low as 70% of the property’s fair market value. However, iBuyers are ideal for you only if you have a pretty house that needs minimal or no repairs.

👉 iBuyers Offer Cash for Houzeo.com Homes: iBuyers like Opendoor and Offerpad have made full cash offers on the properties listed on Houzeo. Increase your chances of meeting an iBuyer with a free listing on Houzeo.com. Start NOW!

How Much are iBuyer Fees?

The hassle-free convenience of iBuyers comes at the expense of service fees. Typically, you can expect the final service fees to be around 10% to 18% of the home’s sale price.

iBuyer fees primarily depend on the property’s condition and location. If you have a decent house that needs minimal repairs in a desirable neighborhood, then the service fees will be around 5% to 7%.

👉 Save 3% Listing Agent Commission: If you list with a Flat Fee MLS website, you save 50% commission right away. You only have to pay 2.5% to 3% of the home’s sale price to the buyer agent. This is much lesser than closing costs associated with iBuyers, which can be as high as 18% of the home’s sale price.

» Estimate Seller Closing Costs Alaska: Breakdown of closing costs you incur as an AK home seller

✅ Pros of Selling Your House to an iBuyer

  • Instant Cash Offer & Sale: iBuyers make an instant cash offer, usually in 24-48 hours. If you accept it, iBuyers move fast to close on the property. You skip the annoyance that comes with a traditional home sale.
  • Fast Closing: There is no listing or wait for potential buyers. When selling to an iBuyer, you skip the hassle of a traditional home sale and get quick cash for your house.
  • Certainty of Sale: iBuyers are home-buying companies with enough finances. So, the chances of your home sale falling through are less than selling your home with a realtor.
  • No Upfront Costs: A home seller must spend on house repairs, home staging, etc., when listing on the open market. These costs get eliminated when you sell to an iBuyer.

❌ Cons of Selling Your House to an iBuyer

  • Non-negotiable Cash Offers: When dealing with iBuyers, the cash deal is usually take-it-or-leave-it. Although there may be room for negotiations, you can’t expect more than 95% of the market value of your home. Because iBuyers have to sustain their business model with the re-selling profits, they usually provide final offers.
  • Limited Coverage: iBuyers purchase homes in the markets they operate in. So, selling to an iBuyer is not a choice for most Americans. You won’t stand a chance if your property lies outside their coverage.
  • Strict Eligibility Criteria: There are specific prerequisites a home must adhere to for an iBuyer to buy it. Most iBuyers only offer cash for houses built post-1930 or less than 1.5 acres. Because of the stringent purchase criteria, distressed homes don’t qualify for sale.

🏡 All the Benefits and No Trade-offs



Houzeo is the fastest way to list on the MLS and get maximum cash for your house.


START YOUR MLS LISTING NOW!

How Do “We Buy Houses for Cash” Companies Work?

“We buy houses for cash” companies are cash buyers that buy houses “as-is” and at a much lower rate than the market price. These real estate cash buyer companies mostly work offline, and their target audience is distressed home sellers.

Let’s take a look at how the home sale would be with a “We Buy Houses for Cash” company:

  • Step 1 – Share details about your house: Most cash buyer companies will collect basic information via phone or online. Sellers have to share location and property condition.
  • Step 2 – Review the preliminary cash offer: After an initial assessment of your property, the home-buying company will make a non-negotiable cash offer.
  • Step 3 – Complete a home inspection: An onsite visit is scheduled if you accept the initial offer price. A third-party inspector or a local firm representative will complete the onsite inspection. Your final offer will be modified proportionately if any essential repairs are required.
  • Step 4 – Accept the final cash offer: After adjusting repair costs and expenses, the cash home-buying company sends a final cash offer. You only need to accept, sign a purchase agreement, and schedule closing if it satiates your ideal requirements.
  • Step 5 – Close on your schedule: “We Buy Houses for Cash” companies can pace up the process and provide more flexibility on timing. You don’t have to wait for a bank to subscribe to a mortgage. In some cases, you may be able to close just within ten days.

» Alaska Home Inspectors: What do inspectors look for when inspecting a home in Alaska?

How Much Do “We Buy Houses for Cash” Companies Pay in Alaska?

Companies that buy houses for cash in Alaska often use the 70% rule.

That means they’ll pay no more than 70% of your home’s market value. Sometimes, home repairs are required, and some cash buyer companies deduct these overhead expenses from your sale proceeds.

Cash Offer = (Market Value of Your House x 70% Offered) – Repairs Costs

Let’s say your home is worth $300,000 at fair market value but needs $25,000 in repairs. Then you might expect a cash offer of only $185,000 from the cash home buyer companies.

You can wait and list your home with a professional real estate agent if you have a capital of $25,000 to spend on repairs. That’s the open market, so you may get a deal worth as much as or more than your home’s current market value.

Some cash home buyers in Alaska are willing to pay less than 70% of the home’s value after renovations/repairs. We recommend requesting cash offers from multiple cash home buyer companies, with no obligation to close with them. If you want to sell your house fast for cash, it is important to look at multiple options.

» Cash for Houses: Check out the top 15 companies that offer cash for houses in 2023’s slow market.

“We Buy Houses for Cash” Companies: Pros and Cons

✅ Pros

  • Fast Cash Sale: In the traditional model, you have to list on the MLS and wait for potential buyers. With “We Buy Houses for Cash” companies, you get a cash offer within 24-48 hours of submitting details on their website.
  • Flexible Closing: “We Buy Houses for Cash” companies to move faster than others because there is no longer a need to wait for mortgage approval or listing paperwork. Many companies provide a one-month closing guarantee or up to two weeks.
  • No Service Fees: “We Buy Houses for Cash” companies acquire your home as-is and don’t charge any service fees. Their lowball offers are enough to recover profits by reselling your property after anticipated repairs.
  • No Upfront Costs: Whether they choose a traditional real estate broker or a Flat Fee MLS company, a home seller incurs costs while listing the house and prepping for sale. Since “We Buy Houses for Cash” companies acquire your home as-is, you don’t have to spend a dime. Required repairs, curb appeal, upgrading furniture, and staging are some elite expenses you avoid when you choose companies that buy homes for cash.

» Who Pays Closing Costs on a House in Alaska: Find out who pays closing costs in AK when you sell for cash.

❌ Cons

  • Non-negotiable Cash Offers: When dealing with “we buy houses for cash” companies, the deal is usually take-it-or-leave-it. Although there may be room for negotiations, you can’t expect more than 70% of the market value of your home. If you feel the company overlooked something important, some will allow you to make your case and submit additional evidence to support it; however, most will be unwilling to budge on price.
  • Lowball Offers: “We buy houses for cash” companies generally pay 50% to 70% of the home’s fair market value, deducting all repair, utility, and re-selling expenses. Since they want to sell this home on the open market, they will offer you marginal prices so that they get a profit when they resell.

We Buy Houses for Cash” Scams in Alaska

Cash home buyers are legitimate, but there are scammers in every industry, and that’s how cash for houses scams work. Some common “cash for houses” scams are:

  • Fake “We Buy Houses for Cash” Ad: Scammers post signs and blast emails with a “we buy houses for cash” ad. Families in need of liquid cash or struggling to make their mortgage payments fall for this and end up signing property-related documents in a hurry to close the cash transaction. “Cash for houses” companies lease the property to a new tenant, and the owner is still responsible for making the mortgage payments, but they have lost control of their house.
  • Re-assignment Clause in Listing Agreement: In some states, cash home-buying companies have made home sellers sign a listing agreement with a “reassign” clause. Essentially, this means the seller is permitting somebody else to take control. Home sellers who fall into this trap lose the right to sell their own house!

⚠️ Don’t get lured by such deceptive cash home buyers: Thoroughly investigate the company before signing any legal documents related to your house. Even title insurance may not be able to save you from such scammers!

Selling to Local Real Estate Investors in Alaska

Selling to local real estate investors directly is an option if you don’t want to work with a cash home buyer in Alaska. Real estate investors are always searching for properties. These real estate cash buyers, also called retail cash house buyers, can be classified as:

  • House Flippers: buy a property, renovate, and resell the property on the open market.
  • Landowners or Landlords: buy a property, renovate and rent the property.

You can find such cash investors in Alaska through online forums or in-person meetups. Real estate investors often purchase the property as-is and drive a hard bargain to acquire homes for less than the fair market value. So, it’s best to do a comparative price analysis and find how much your property is worth before you deal with local real estate investors.

🏘️ How to Flip Houses in Alaska: Will flipping AK houses be profitable in 2023’s unpredictable market?

Selling a Home in Poor Condition in Alaska

Having a structurally unsound property with obnoxious items lying around can tempt you to sell your house to a “We Buy Houses for Cash” company in Alaska. You get to skip the repairs and expensive upgrades but lose the chance to get better offers on the open market.

A real estate agent in Alaska can help you deal with an unwanted property without compromising the sale price and opting for a lowball offer. Your property directly gets exposure to 90% of potential buyers with an MLS listing. On an open market, you have the chance to get maximum cash for your distressed home.

👉 Cash for Homes: Check out the best companies that offer cash for distressed houses in the U.S.

What about Selling My House with an Alaska Real Estate Agent?

It depends!

Listing on the MLS increases the chance of a competitive cash offer. However, opting for a real estate agent in Alaska to get on the MLS would defeat the purpose of maximizing your cash offer.

Opting for a real estate agent will not save you 6% commission and might be the worst option if you want to earn maximum cash. With Alaska Flat Fee MLS listing services like Houzeo.com, listing your house on the MLS can be done effortlessly at just $349! You save on the 3% listing agent commission by selling your home as an owner.

✍️  Note: Cash home buyers like Opendoor and Offerpad have offered cash deals for properties listed on Houzeo.com.

💲Market to the Biggest Pool of Cash Home Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

Should I Sell My House to Reputable Cash Home Buyers in Alaska?

Most home buyers purchase houses with a mortgage. But, selling for cash will almost always net you between 10% to 30% less than a financed offer.

We recommend you sell for cash only in select circumstances.

  • If You are on a Severely Tight Timeline: If you’re going through a rough patch in your life, such as a divorce or an immediate move, cash home buyers or real estate investors can help you sell faster.
  • In Case You Need to Sell an Inherited Property: Selling to a company that buys houses for cash can be a viable option if you have a deceased relative’s property far away or in terrible shape.
  • You are in Urgent Need of Cash: If you’re in a hurry, facing foreclosure, and don’t want to keep your property, selling your house fast for cash could help you escape a credit impact.
  • You Own a Distressed Property: Most banks will not finance a property in poor condition. If your property is in poor condition, selling your house for cash is a good choice.

Listing on the MLS would be ideal if you can hang in for a while. With high-tech FSBO sites like Houzeo.com, you can start your listing process on any device and finish all the paperwork seamlessly.

💲Market to the Biggest Pool of Cash Home Buyers on Alaska!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

Alternatives to Companies That Buy Houses for Cash in Alaska

1. Listing Your Home with Flat Fee MLS Service

Listing with a Flat Fee MLS service gets your property on the market within just 24-48 hours. Flat Fee MLS is the best way to sell your Alaska house fast, having 4 significant benefits:

  • MLS is the fastest way to hit the market, plus your listing is syndicated to Zillow, Realtor.com, etc.
  • Your property listing gets maximum exposure.
  • You can negotiate all offers.
  • You skip paying commission or service fees.

👉 Flat Fee MLS Listing Alaska: List on your local Alaska MLS within 24 to 48 hours for just $349!

2. Hiring a top Real Estate Broker

Top real estate brokers have the expertise to help you sell your property fast within a set timeline. The broker handles most of the work, making home selling hassle-free.

But the downsides are just as huge. Best realtors will charge between 5% to 7% commissions. That amounts to thousands of dollars in commission you will be paying. Additionally, you may get no technology tools with cheap realtors, and their service quality can be unpredictable.

👉 We recommend selling with a real estate broker only if you are not tech-savvy or concerned about FSBO paperwork. 

3. Sell By Owner

Selling your home purely For Sale By Owner Alaska implies that you won’t get access to the MLS. You market your property, conduct market research, handle offers, manage showings, etc., all by yourself.

 77% of FSBO home sellers closed on their homes within two weeks because the homes were sold to someone the seller knew. The most significant disadvantage of selling with no MLS or tech support is that you probably may not be able to sell your home quickly.

👉 We recommend selling FSBO if you have a buyer lined up to buy your property.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo.com reviews and learn why it is one of the best FSBO sites in America.

Also Read

Frequently Asked Questions

1. What is the best company that buys houses for cash in Alaska?

Houzeo is the most popular platform for sellers looking for companies offering cash for homes. Not a cash buyer themselves, Houzeo.com lets you access the power of the MLS for a small flat fee, giving you exposure to cash home buyers. iBuyers, including Opendoor, have also made offers on properties listed on Houzeo.com.
Listing your home on the MLS will allow you to target all companies that buy homes for cash – local and national. More exposure means more competition and highest cash selling price. Houzeo also offers superb technology giving you full control of your listing. And if you run into any issues, Houzeo’s 5-star customer service team is available to help.

2. How do you sell a house to a cash buyer in Alaska?

List your home on Houzeo.com for multiple cash offers. You can also offer it to Opendoor or another cash buyer. You’ll then receive preliminary cash offers. You must ensure the offer meets your minimum requirements after adjustments for inspection and any service fee. Once you’ve accepted the offer, you can select your closing date.

3. Are "we buy houses for cash" companies in Alaska legit?

Yes! Many companies like We Buy Ugly Houses offer cash for houses. And these companies are legit with franchises across the nation. However, cash buyer scams are common in America, so you should always research the company before signing any official documents. You can also check customer reviews on sites like Google and TrustPilot. We also recommend you get a lawyer to review the contract before signing.

4. How long does a cash sale on a house take in Alaska?

Approximately, anywhere between 7 to 30 days, depending on the buyer and the specific situation of the sale. iBuyers like Opendoor and Offerpad can close as quickly as 10 business days.

5. Do We Buy Houses companies make fair offers?

Yes! iBuyers will offer up to 100% of the fair market value of your property. Local “we buy houses for cash” companies will typically offer less - 50% to 70% of the fair market value. Listing your home on a marketplace, like Houzeo.com, will get you exposure to iBuyers and local investors. This significantly increases your chances of maximizing your cash offer.

6. Why is a cash offer better in real estate?

Cash offers provide more certainty than offers that include financing. There are typically no financing contingencies and the closing can be fast. Many cash buyers will also waive inspections. Finally, once you have verified the buyer’s proof-of-funds, the risk of the sale falling through because of the loan not funding is eliminated.

7. How can I sell my house fast for cash in Alaska?

With an instant cash offer, you can sell your house fast for cash. Many cash buyers purchase homes and try to offer a fair deal, about 50% to 90% of the house's market value. “We buy houses for cash” companies are best for distressed properties, while iBuyers have strict purchase criteria. Choose a company as per your requirements and timeline.

Related Keywords: sell my house Alaska, we buy houses Alaska, buy house Alaska, sell my house fast Alaska, buy houses for cash Alaska, we buy houses in Alaska, sell your home in Alaska, sell your house fast Alaska, sell my house cash Alaska, texas all cash home buyers, Alaska cash home buyers, Alaska we buy houses, we buy houses for cash Alaska, cash for homes Alaska, cash for houses Alaska, we buy houses for cash Alaska, we buy ugly houses Alaska, Alaska all cash home buyers reviews, we buy houses Alaska company

'We buy houses for cash' Companies Alaska

Save $20

On Silver & up plans

Use Coupon Code:

Copied
Need help? Call us on
(844) 448-0110