6 min read May 08, 2024

Direct Home Buyers Reviews: What You Need to Know

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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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Direct Home Buyers is a cash home buying company. They extend all-cash offers on distressed properties with various defects.

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Pros

  • Direct Home Buyers can give you cash offers in 24 to 48 hours
  • They don't charge any service fees

Cons

  • Direct Home Buyers give you just 50% to 70% of your home's FMV
  • You may not be able to negotiate a better deal for your home

Direct Home Buyers extend cash offers on homes as-is. They provide quick closing timelines for sellers who don’t have money or time to spare.

Usually cash buyers make offers between 50% – 70% of your home’s FMV. Expect a similar payout with dhbinvestments.com.

An MLS listing on a cash buyer marketplace like Houzeo can get you 100% of your property’s value. With Houzeo, your listing can be on the MLS within 24 hours. Moreover, you can compare offers from multiple national and local cash buyers, instead of settling for just one lowball offer.

In this blog, let’s look at Direct Home Buyers reviews and their alternatives to help you get the property value you deserve!

Key Takeaways

  • Pros: You can offload your distressed property easily with Direct Home Buyers. Unlike iBuyers, they don’t have strict eligibility criteria.
  • Cons: Direct Home Buyers typically purchases homes for 50% to 70% of their Fair Market Value (FMV). You cannot negotiate a higher offer and have to lose out on your equity.
  • Our Take: We don’t recommend Direct Home Buyers. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Direct Home Buyers.

What is Direct Home Buyers?

Direct Home Buyers is a company offering cash for homes. They buy houses as is, repair the properties, and sell them for a profit.

Direct Home Buyers claims that if you sell your property with them they will give you a cash offer in 24 hours. So, you save on repairs, showings, and commissions.

Direct Home Buyers vs. Houzeo

Selling your house to Direct Home Buyers 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 gives you wide exposure to multiple cash buyers. You can use Houzeo’s cutting-edge technology to compare offers and request the highest and best one.

Direct Home BuyersHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating3.8 stars (2 reviews)4.9 stars (4,523 reviews)
Closing Timeline7 to 45 days2 to 60 days
Fees/Commissions$379
Closing Costs1% to 3% Closing Costs
Scope for Negotiation
Repair Costs

Direct Home Buyers: Pros and Cons

Direct Home Buyers is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:

✅Direct Home Buyers Pros

  • Buy As Is Houses: Direct Home Buyers purchases houses as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
  • Fast Cash Offer: Direct Home Buyers is known for extending cash offer with 24 hours. So, you can get quick cash in hand if you’re in a hurry.
  • Quick Closing: Direct Home Buyers reviews say they close in 7-45 days. They also have a flexible timeline and can close on a date suitable to you.
  • 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.

Direct Home Buyers Cons

  • Lowball Cash Offers: Your cash offer could be just 50% to 70% of your home’s market value.
  • Little to No Scope for Negotiation: With cash home buyers like Direct Home Buyers, 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 caters to home sellers in Metro Detroit, Michigan.

Best Alternatives to Direct Home Buyers

Even if you want to sell your house fast for cash, look for some alternatives better than Direct Home Buyers. We’ve listed three below:

1. 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.

So, why settle for just one offer when you have the pick of the lot with this Flat Fee listing service?

2. 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.

3. 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.

RegionStates/CitiesCompanies That Buy Houses For Cash Near Me
NortheastStatesConnecticut | Maine | Massachusetts | New Hampshire | New Jersey | New York | Pennsylvania | Rhode Island | Vermont
NortheastKey CitiesBoston, MA | Brooklyn, NY | Buffalo, NY | Long Island, NY | New York City, NY | Philadelphia, PA | Pittsburgh, PA | Rochester, NY | York, PA | Clayton, NY
MidwestStatesIllinois | Indiana | Iowa | Kansas | Michigan | Minnesota | Missouri | Nebraska | North Dakota | Ohio | South Dakota | Wisconsin
MidwestKey CitiesCincinnati, OH | Cleveland, OH | Columbus, OH | Detroit, MI | Indianapolis, IN | Kansas City, MO | Milwaukee, WI | Omaha, NE | Minneapolis, MN | Wayne County, MI | St. Louis, MO | Boulevard Heights, MO |
SouthStatesAlabama | Arkansas | Delaware | Florida | Georgia | Kentucky | Louisiana | Maryland | Mississippi | North Carolina | Oklahoma | South Carolina | Tennessee | Texas | Virginia | Washington, D.C | West Virginia
SouthKey CitiesAtlanta, GA | Asheville, NC | Baltimore, MD | Charlotte, NC | Charleston, SC | Columbia, SC | Dallas, TX | Fort Lauderdale, FL | Fort Myers, FL | Fort Worth, TX | Greensboro, NC | Greenville, SC | Houston, TX | Huntsville, AL|Killeen, TX | Knoxville, TN | Lexington, KY | Louisville, KY | Miami, FL | Nashville, TN | New Orleans, LA | Orlando, FL | Pasadena, TX | Raleigh, NC | Rockville, MD | San Antonio, TX | St. Augustine, FL | Tampa, FL | West Palm Beach, FL | Memphis, TN | Austin, TX | Norfolk, VA | Jacksonville, FL | Tallahassee, FL | Pensacola, FL | Sarasota, FL | Panama City, FL | Augusta, GA | Virginia Beach, VA | Clearwater, FL | Savannah, GA | Chattanooga, TN | Columbus, GA | Lawrenceville, GA | Winston-Salem, NC | Birmingham, AL | Jackson, MS | Biloxi, MS
WestStatesAlaska | Arizona | California | Colorado | Hawaii | Idaho | Montana | Nevada | New Mexico | Oregon | Utah | Washington | Wyoming
WestKey CitiesColorado Springs, CO | Denver, CO | Fresno, CA | Las Vegas, NV | Los Angeles, CA | Phoenix, AZ | Sacramento, CA | San Diego, CA | San Francisco, CA | Seattle, WA | Tucson, AZ | Portland, OR | Salt Lake City, UT | Orange County, CA | Roseville, CA | Ventura, CA | Lemon Grove, CA | Casitas Springs, CA | Bakersfield, CA

Should You Sell Your House to Direct Home Buyers?

No, we do not recommend dhbinvestments.com to sell your home. Their extremely lowball offers may deprive you of your hard-earned money.

But, if you’re primary goal is to get a fast cash offer for your home, only then opt for Direct Home Buyers. Know that your property gets exposure only from one firm.

In contrast, when you list on a cash buyer marketplace like Houzeo.com, your property gets exposure from nationwide cash home buyers. You can get multiple offers and maybe even top dollar for your property when you list on MLS.

» Houzeo Reviews: Still not convinced? Read what others have to say about Houzeo.

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Frequently Asked Questions About Direct Home Buyers

1. Is Direct Home Buyers legitimate?

Yes, Direct Home Buyers is a legitimate company. They have been buying homes for cash since 2018.

2. How much money will Direct Home Buyers offer for my property?

Direct Home Buyers reviews highlight that the company uses the 70% rule when determining their cash offers. So, they'll only pay 70% of your home's market value. You can gain up to 100% of the market value by listing your property on a cash buyer marketplace like Houzeo.

Companies That Buy Houses for Cash Near Me 🔍

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

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