15 min read Aug 30, 2022

3 Best Companies That Buy Houses For Cash in South Carolina

Companies that buy Houses in South Carolina

» Jump To: Best Cash Buyers in South Carolina | Best Cash Offer Option | Best “We Buy Houses for Cash” Companies | Understanding SC Cash Buyers | 🚩Scams | MLS vs. iBuyers vs. “We Buy Houses for Cash” Companies | Should I Sell My House to a Cash Home Buyer? | FAQs

Homes sold for 19.22% more than the listing price, and with a 100.7% sale-to-list ratio, homes are selling way above the asking price. The majority of these sales were cash transactions.

South Carolina remains a hot market to sell your home for cash, even as 2022 is a slow-moving market.

Reviews: 3 Best Companies That Buy Houses for Cash in South Carolina

1. Houzeo.com

🎖️ Max Exposure to Cash Buyers

Houzeo

  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4081 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 sites
  • 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.

Introducing the Houzeo Mobile App!

  • View your listing
  • Manage your showings online
  • Review and compare offers
  • Counter an offer
  • NEW! Buyers can now search your property and save it in “Favorites”

Start Your FREE Listing NOW!

The 2 Best “We Buy Houses for Cash” Companies in South Carolina

“We buy houses for cash” companies in South Carolina pay significantly lower than the cash deal you can get for your house on the open market.

With cash offers as low as 50%, these companies are ideal only if you are trying to sell an extremely distressed property.

» MORE: How do We Buy Houses for Cash Companies Work?

2. We Buy Ugly Houses, South Carolina

NATIONWIDE COVERAGE

We Buy Ugly Houses

  • Service Fee: None
  • Closing in 3 weeks
  • 2 Stars  2/5 (out of 6 reviews)

We Buy Ugly Houses is a 20-year-old cash home buyer brand owned by HomeVestors. With a tried & tested business model of buying homes for cash, the company typically caters to distressed home sellers looking for cash offers. Each office is operated by a local real estate investor independently.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of ugly houses, i.e., distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: We Buy Ugly Houses provides a flexible closing date, up to 30 days out. Offer terms are inflexible, and some franchisee offices may use controversial tactics to close the cash home deal.
  • Limited Coverage: We Buy Ugly Houses covers 1,100 cities.

🚩 You Should Know: We Buy Ugly Houses independently operates on a franchise model, so the quality of service you receive depends on your location. Research the customer reviews of the franchise in your locality before accepting any cash offers.

👉 Our Take: This home buying company is best for home sellers looking to close quickly and don’t expect a lot of cash for their house. Remember—an MLS listing on Houzeo.com will put you in front of cash buyers, increasing your chance of getting multiple offers.

» We Buy Ugly Houses Reviews: Everything you need to know about this cash buyer

  • Get a preliminary cash offer in 24 to 48 business hours and close within 3 weeks.
  • We Buy Ugly Houses decides the cash offer based on local market sales & housing trends.
  • No need to prep the home for listing or worry about house repairs.
  • Pays less than what sellers could net on the open market.
  • Quality of service varies between franchises.
  • Controversial tactics for closing the sale.
  • If you can negotiate well or have a desirable property, the final cash offer could increase, but we don’t have any hard data about this.

👎 Poor Customer Reviews: We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.

👍 Houzeo Reviews: Houzeo is rated 4.9 out of 5 stars, with a 4.9 rating on Trustpilot and a 5.0 rating on Google.

We Buy Ugly Houses offers cash for houses in 45 states in 1,100 locations nationwide.

» Companies That Buy Houses: Check out America’s top cash home buyers

3. We Buy Houses, South Carolina

FAST CLOSING

We Buy Houses

  • Service Fee: None
  • Closing in 3 weeks
  • No credible reviews found.

Dealing with a cash buyer company like We Buy Houses (WeBuyHouses.com) is like selling your home to a local real estate investor. We Buy Houses “thoroughly” vets their investors before authorizing them to operate independent offices in their respective jurisdictions. This cash home buyer caters to distressed home sellers and is known to buy properties as-is.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All kinds of ugly houses, i.e., distressed properties with structural issues, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible, but you can try negotiating for a better cash offer and terms.
  • Near-Nationwide Coverage: WeBuyHouses.com pays cash for houses in 2,700 cities nationwide.

🚩 You Should Know: We Buy Houses is a pre-vetted real estate investor network and operates on a franchise model. Some franchisee offices may use controversial tactics to close the cash transaction.

👉 Our Take: We Buy Houses operates franchises with independent, pre-vetted, local real estate investors. The quality of service depends on your location, so it’s best to check the customer reviews of the local We Buy Houses franchise before requesting a cash offer.

» We Buy Houses Reviews: Everything you need to know about WeBuyHouses.com

  • Get an offer within two days & close in just seven days
  • Private network of pre-vetted real estate investors
  • Once an offer has been made, there is little to no space for negotiation.
  • Most homes get paid less cash than the fair market value.
  • Only interested investors will evaluate your home full cash offer will be made for your house.
  • We Buy Houses’ final cash offer is usually in line with the preliminary cash offer unless the appraiser deducts anything during the home inspection.

👎 Zero Customer Reviews: We Buy Houses has no customer reviews on popular review sites like Google or Trustpilot.

👍 Houzeo Reviews: Houzeo has a stellar rating of 5.0 stars on Google and 4.9 stars on Trustpilot.

We Buy Houses makes cash offers on houses in 49 states with 2,700 offices nationwide.

Are Companies that Buy Houses for Cash in South Carolina Legit?

Yes, companies that buy houses for cash or South Carolina cash buyers are legitimate and operate legally nationwide.

There may be many reasons you may be looking to sell your house fast for cash. You may be directly contacted by companies that buy houses for cash in South Carolina. However, no industry is free from scammers or companies following the “malign practices” that exist in every industry. Never pay any money while requesting an all-cash offer on your house.

Browse through customer reviews and inspect how the company operates before signing any documents.

Understanding South Carolina Cash Home Buyers

Who are Cash Home Buyers?

Cash home buyers are real estate buyers who make direct cash offers on homes.

Essentially, they make a cash offer on houses or land properties and let the home sellers skip the hassle of listing on the MLS, marketing, etc.

This convenience may not always favor the home sellers because they don’t get their property’s full 100% Fair Market Value (FMV).

💲List your house with Houzeo: An MLS listing can help 100% Fair Market Value of your property. List NOW!

Types of Cash Home Buyers

There are 4 types of real estate buyers buying a house with cash. Also known as cash house buyers, this is a fast-growing population in the country and offers homeowners cash for their houses.

1. Retail Cash Home Buyers

Buyers looking for pretty and ugly properties and holding them as a rental in a small portfolio.

2. Traditional “We Buy Houses for Cash” Companies

Buyers who buy distressed properties such as homes facing foreclosures inherited homes that need repairs or couples going through a divorce.

3. iBuyers

Companies that buy homes for cash with instant offers using technology and market data.

4. National Investors

Cash home buyers who buy homes for cash, companies like Sundae have a pre-vetted network of investors who bid for properties.

How Much Do Cash Home Buyers Pay in South Carolina?

# NoType of Cash Home BuyerHow Much Do These Cash Home Buyers Pay?
1.🏘️ Retail Cash Home Buyers100% Fair Market Value (FMV) of the property, even if the property isn’t very desirable
2.🤑 Traditional “We Buy Houses for Cash” Companies50% to 70% of the property’s Fair Market Value (FMV) since they want to keep their expenses minimal and re-sell the properties to make profits.
3.📲 iBuyers90% to 100% of the property’s Fair Market Value (FMV), but the closing costs and service fees can go up to 13%.
4.💰 National Investors50% to 70% of the property’s Fair Market Value (FMV), but you could get the full 100% of the FMV if you negotiate well.

Understanding “We Buy Houses for Cash” Companies

How do “We Buy Houses for Cash” Companies Work in South Carolina?

“We buy houses for cash” companies are cash home buyers that work differently than iBuyers. These companies buy houses at a much lower rate than the market price and focus on resale profits.

To have a better understanding, let us look into the workflow.

⭐ STEP 1- Fill out required details about your house

Most businesses prefer to gather basic home information via the internet or over the phone. You will receive a quick estimate of cash offers as soon as the assessment is completed.

⭐ STEP 2- Review initial estimate

Once you get an estimated cash offer, you can choose to accept or reject it. These offers are generally non-negotiable.

⭐ STEP 3- Complete the inspection

An onsite inspection will be scheduled if you accept the initial quotation. 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 offer

If an offer meets your ideal requirements, you just have to accept the company’s final offer, sign a purchase agreement, and schedule closing.

⭐ 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.

How Much Do “We Buy Houses for Cash” Companies Pay for South Carolina homes?

Companies that buy houses for cash often use the 70% rule. That means they’ll pay no more than 70% of your home’s market value. Moreover, sometimes there are repairs too. Cash buyer companies deduct these overhead expenses.

✍️  Formula – Ideal Market Value of Your House x 70% Offered by a cash buyer – Repairs Costs

Let’s take an instance,

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 seller.

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. There’s also the open market, where you might be able to locate a deal worth as much as or more than your home’s current market value.

Remember– You’ll need to pay commission and closing costs in South Carolina if you opt for an open market.

Some cash home buyers are willing to pay less than 70% of the home’s value after renovations. We recommend listing with various companies because you will typically receive cash offers with no strings attached.

💲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!

We Buy Houses for Cash” Companies in South Carolina: Pros and Cons

✅ Fast Sale

Once you accept the cash offer on the house, the home selling process becomes seamless and fast. In the traditional model, you need to list on the MLS and wait for potential buyers. In the case of “We buy houses for cash” companies, this process gets eliminated. After submitting details on their website, you’ll get an instant offer, and closing can happen as quickly as two weeks.

✅ 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.

The speed of the sale makes these cash house buyers appealing to home sellers in desperate need of liquidity.

✅ No Service Fees

“We buy houses for cash” companies acquire your home as-is and don’t charge anything for the service. Their lowball offers for your property are enough to recover their profits by reselling the property. So, they don’t charge any service fees typically.

✅ No Upfront Costs

Whether they choose a traditional listing broker or a Flat Fee MLS company, a home seller incurs costs while listing the house and prepping for sale. “We buy houses for cash” companies acquire your home as-is, so you don’t have to spend money beforehand.

Required repairs, curb appeal, upgrading furniture, and staging are some elite expenses you avoid when you choose companies that offer cash for houses to get a top-dollar deal for your home.

⛔ 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.

👉 Pro Tip: When you list on the open market, there is an opportunity to negotiate cash offers and avail better rates than with companies that buy houses for cash.

⛔ 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.

👉 Pro Tip: You can receive maximum cash for your house when your property is listed on the MLS and negotiate with the potential buyers. In 2022’s unusually strong seller’s market, getting multiple offers for your house is possible!

💸 Maximize Your Cash Offer with Houzeo


Houzeo syndicates your MLS listing to thousands of real estate websites and provides unparalleled exposure to your property.


START YOUR MLS LISTING NOW

We Buy Houses for Cash Scams

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

Typically, these 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 lose control of their house.

There are cases when “cash for houses” companies have leased the property to a new tenant, and the owner is still responsible for making the mortgage payments. Other times, they make home sellers sign a listing agreement with a “reassign” clause, and the home sellers end up losing 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.

Selling to Local Real Estate Investors of South Carolina

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

  • 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 investors in online forums or through in-person meetups. These real estate cash buyers often purchase the property as-is, with instant offers and flexible closing timelines.

Investors acquiring homes for less than the fair market value will drive a hard bargain and take advantage of distressed home sellers.

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 a house: Is flipping houses still profitable in 2022’s slow market?

What about Selling My House with a Real Estate Agent Instead?

It depends!

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

Opting for a realtor in South Carolina will not save your 6% commission and might be the worst option if you want to earn maximum cash. With Flat Fee MLS South Carolina companies 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 in South Carolina 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!

MLS vs. iBuyer vs. “We Buy Houses for Cash” Companies

📈 Listing on the MLS

Listing on the open market is the best way to maximize your cash offer because your MLS listing gets syndicated to other real estate websites in South Carolina like Zillow, Trulia, Redfin, Realtor.com, etc. This amplifies the exposure of your MLS listing and puts you right where cash home buyers are looking for hot properties.

You can get multiple offers and compare potential buyers’ highest and best offers. There is an opportunity to negotiate the sale price, closing costs, etc., and save substantially in commissions by choosing a Flat Fee MLS platform or low commission real estate agent.

Best For: Home sellers who want to maximize their cash offers, avail of the best offer terms, and close at a flexible schedule.

» How to List on the MLS Without A Realtor: Check out this free guide and start your For Sale By Owner MLS listing!

📲 iBuyers

iBuyers are instant buyers, and these companies have created a level-playing field with full cash offers and technologically advanced platforms. You get a reasonably fair cash offer instantly, and you can close within a matter of a few days.

Getting the highest possible rate may not be possible, but iBuyers paid 99.4% of the fair market value in 2021. The coverage of iBuyers is limited, so not all homeowners can avail their cash deals.

✅ Best For: Home sellers who want a hassle-free experience and don’t mind leaving some cash on the table.

» iBuyers Reviews: Is the Convenience Worth the Trade-off?

🤑 “We Buy Houses for Cash” Companies

If your house is in poor condition and you don’t want to spend thousands of dollars on repairs or closing costs, then you can choose “we buy houses for cash” companies. These companies make quick offers and help sell your house fast for cash.

You’ll get 50%-70% of your home’s fair market value, which is a low-ball offer. A home worth $150,000 on the open market can be scored at $70,000 by an investor with quick cash. An offer that is nearly 50% lesser than what the property is worth.

✅ Best For: Home sellers selling properties falling in difficult-to-sell locations or those who want to sell severely distressed houses.

» Sell House Fast for Cash: Check out our guide to sell your distressed house fast for cash

Should I Sell My House to a South Carolina Cash Buyer?

Yes, but only if any of the below reasons match yours.

Selling your house in South Carolina to a company that buys houses for cash will be beneficial when you’re-

📌 On a severe tight timeline

If you’re going through a rough patch in your life, such as a divorce or an immediate move, cash buyers or investors can help you sell faster.

📌 Owning 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.

📌 In need of urgent cash

If you’re in a hurry, facing foreclosure, and don’t want to keep your property, selling your house for cash could help you escape a credit impact.

📌 Owning a badly distressed property

If your property is in extremely poor condition and it’s a waste to even contribute to further repairs, then selling your house for cash is a perfect choice.

However, listing on the MLS would be ideal if you’re just looking for hard cash and can hang in a while.

With a technologically advanced platform 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!


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


Start Your FREE Listing NOW!

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 the best FSBO and Flat Fee MLS platform in America.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.

Frequently Asked Questions

1. How do you sell a house to a cash buyer?

In most cases, you must enter your classified info via an online portal or a telephone chat. Following that, you must schedule an inspection and receive a final cash offer. Once you've decided to accept the offer, you can usually select your own closing date.

2. What is the fastest way to sell a house in South Carolina?

The Best options to sell your house fast:
1.You can sell your house fast using MLS listing service companies like Houzeo.
2.FSBO (For Sale By Owner)
3.Sell to cash home buying company

3. How long does a cash sale on a South Carolina house take?

Approximately, 10-30 days. It depends on the buyer and the specific situation.

4. How do I sell my house "as is" in South Carolina?

If you wish to sell your house "as is",you must specify in your ad that you are not willing to do any repairs. It's as simple as inserting "as is" in the MLS listing description of your home.

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

All Cash offers are very appealing as they close faster and beneficial for sellers who want to sell their home fast. There fewer risk than mortgage-contingent offers which leads to delays and denials.

6. How long does a cash sale on a house take?

It varies for every house, but typically a full cash house sale completes within 14 business days. iBuyers offer to close within as quick as 7 business days.

7. What are closing costs for a cash buyer?

As a homebuyer, you can expect to pay 3%-6% of the home's purchase price on closing costs, but that number can be as low as sub-1% or as high as 4+%, depending on the state.

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