Table of Contents

9 min read Jan 29, 2024

Laurel Buys Houses Reviews: Pros, Cons, and Alternatives (2024)

Editor
Edited By

Jason Joshi

icon
Editor
Edited By

Jason Joshi

Editor, Houzeo
About

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.

Find Jason Here
Logo

Laurel Buys Houses is a cash buyer. They help you close on properties as soon as possible. Furthermore, they buy homes as-is. They specialize in purchasing distressed homes.

Editor’s Rating

0

User Rating

0
(0 Reviews)

Write a review

Pros

  • You get a quick cash offer
  • You don't have to pay 6% realtor commission
  • You incur no repair and closing costs

Cons

  • You will likely get 50% - 70% of your home's FMV
  • You can sell only in one area

Laurel Buys Houses is a Sacramento-based cash buyer. They purchase all types of homes in as-is condition. So, when you move out, you don’t need to worry about any repairs or leftovers.

Furthermore, they provide a quick cash offer and a fast closing time frame. An economic report on selling on the MLS makes it clear that you sell 5 – 6 times faster with a cash buyer like Laurel Buys Houses.

However, you could only get 50% – 70% of your home’s FMV with this cash buyer. While not explicitly mentioned on their website, this price range aligns with industry norms.

We feel that there are better ways to sell your home. A cash buyer marketplace, for example, provides you with multiple cash offers. As a result, you are more likely to secure a top-dollar deal for your home even if it’s distressed.

    ✍️ Editor’s Take: List your home on a cash-buyer marketplace like Houzeo. Houzeo gets you on the MLS within 24 hours, maximizing exposure for your home. This puts you in a position to select the best deal from multiple cash offers. Compare Laurel Buys Houses vs. Houzeo.

Is Laurel Buys Houses Legit?

Yes, Laurel Buys Houses is a legitimate cash buyer. They were founded by a real estate professional Laurel Sagen in 1999. On Google, their address is 3104 O St #305, Sacramento, CA 95816, United States.

Laurel Buys Houses is an A+ accredited company on BBB. They have many positive customer reviews on Google. Moreover, we noticed that the founder, Laurel promptly addresses any negative reviews online. This shows LBH’s dedication to customer satisfaction.

    🌟 Key Highlight: Laurel Buys Houses helps you manage whatever you leave behind after the sales process concludes. They work with various charity organizations that underscore their commitment to social welfare.

What Types of Properties Does Laurel Buys Houses Purchase?

Laurel Buys Houses does not mention what properties they buy. Since they are a cash buyer, they might purchase all kinds of homes like:

Selling With Laurel Buys Houses

Home sellers must follow 4 simple steps to sell to Laurel Buys Houses. These steps are:

  • Get in touch with LBH: You can connect with them by filling out a form on their website form or by phone.
  • Meet Laurel: Schedule a meeting with Laurel for property evaluation. This meeting will usually happen in person. However, you can connect on Google Meet, Facetime, or Zoom if that is not possible.
  • Review the cash offer: After evaluation, Laurel extends a cash offer for you to review.
  • Close at your convenience: If you like the presented cash offer, select your preferred closing date.

Laurel Buys Houses Locations

Laurel Buys Houses is a local cash buyer. They buy houses in Sacramento, CA, and its surrounding neighborhoods. Although their coverage is limited, they have expertise in buying properties in these areas.

How Much Does Laurel Buys Houses Pay?

Like most cash buyers, Laurel Buys Houses pays around 50% – 70% of your home’s FMV. Suppose, the fair market value of your home is $500,000. You can expect to get around $250,000 – $350,000 from Laurel Buys Houses.

You don’t pay any fees to Laurel Buys Houses. They pay everything – closing costs, escrow fees, council transfer fees, etc. on your behalf. In short, there are no deductions and extra costs when you sell to them.

Laurel Buys Houses: Reviews

Laurel Buys Houses has a 4.6 out of 5-star rating on Google based on 65 customer reviews. Moreover, they are rated 5 out of 5 on BBB based on 12 reviews.

The positive reviews highlight that clients love LBH’s genuineness and professionalism. In contrast, negative feedback reflects criticism for occasional delays in closing.

Praises

✅ Dean Martin loved the presented cash offer. Furthermore, he appreciates the professionalism and kindness followed at Laurel Buys Houses.

Dean MartinUSASubmitted 2023

I had contacted several realtors and investors which made offers that just wasn’t matching what I needed to secure my grandmothers care for the next 3-4 years. Out of the blue I called Laurel Buys Homes just to see what they would offer. Brian came out and looked around for a little bit, then I about fell over when he submitted his offer to us. Not only was it more then I ever expected, but his professionalism and kindness was just an added bonus.

Source: Google

✅ Lindsey P feels that the company is top-notch for home sellers. She likes the thoughtfulness and genuineness followed at Laurel Buys Houses.

Lindsey PUSASubmitted 2023

I recently met Shasta and she is amazingly friendly. The whole company of Laurel Buys Houses is so thoughtful and genuinely want the best for all of it’s clients and customers. The customer service is over the top!!! Literally a one stop shop for all your relocating needs.

Source: BBB

Complaints

❌ John Cameron is agitated with the delay in closing. He could not close at his desired date due to insurance costs behind the property.

John CameronUSASubmitted 2023

The process started off fine, but 4 days before we were supposed to close (after a month of working with them) they suddenly couldn’t locate the funds due the insurance costs behind the property…professionals in this industry would have researched and planned ahead of time for this matter…not tell their clients they can no longer close on the promised date

Source: Google

Laurel Buys Houses: Pros and Cons

Here are the pros and cons of selling with Laurel Buys Houses:

👍Pros

  • Sell to an expert: LBH primarily buys houses in Sacramento and its surrounding areas. So, you sell to an expert house buyer.
  • Close at your convenience: Laurel Buys Houses provides a flexible closing timeline. You can close in just a few days or at your desired closing date.
  • Sell as-is: Laurel buys the home as-is; you don’t have to repair it before selling.
  • Get knowledgeable resources: They provide free e-books to understand the real estate market better.

👎Cons

  • Limited coverage: You might not be able to sell to them since they buy only in Sacramento.
  • Lowball cash offers: You may get a reduced sale price for your home. This can be usually around 50% – 70% of the FMV for your home.

Laurel Buys Homes Competitors

Here are some potential competitors of Laurel Buys Houses. We have chosen them on three major metrics – cash offers, coverage, and home eligibility criteria.

» Jump to: Laurel Buys Houses vs. Houzeo | Laurel Buys Houses vs. We Buy Houses | Laurel Buys Houses vs Opendoor

1. Cash Offers: Laurel Buys Houses vs. Houzeo

Laurel Buys Houses is a cash buyer. They buy properties as-is. So, you don’t have to take care of repairs and maintenance of your property. However, you may have to settle for 30% – 50% lower than your home’s FMV for selling as-is.

Houzeo is a cash buyer marketplace that helps sellers list their property on the MLS. You get multiple cash offers instead of one. As a result, your chance of securing a good deal increases.

Laurel Buys HousesHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating4.6 stars (65 reviews)4.9 stars (7000+ reviews)
Closing TimelineAt your convenience2 to 60 days
Fees$399 onwards
Closing Costs0% to 1% closing costs
Scope for Negotiation
Multiple Cash Offers
Dashboard
Coverage Only Sacramento and its surrounding areas. 47 states + DC

2. Coverage: Laurel Buys Houses vs. We Buy Houses

Laurel Buys Houses buys homes only in Sacramento and its surrounding areas. If you live outside their coverage area, you can’t avail of their services.

We Buy Houses is a well-known cash buyer that works in collaboration with investors. They have nationwide coverage. So, you can sell to them from wherever you want. However, do not have many reviews on credible websites.

3. Home Eligibility Criteria: Laurel Buys Houses vs. Opendoor

Opendoor is one of the largest iBuyers in the US. They offer around 70% – 80% of your home’s FMV. However, not everyone can sell to them – they have strict home eligibility criteria.

LBH, on the other hand, buys all types of properties. You can even sell your distressed property to them without making any repairs.

“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.

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

Other Options You Should Consider

  • Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. Around one-third of home buyers pay in cash. Hence, selling FSBO helps you to get 100% FMV of your house in cash.
  • Sell Through a Realtor: Traditional Realtors list your property on the MLS and help you at every step of home selling. However, you have to pay them 3% of the home’s sale price for this convenience.
  • Sell Through Discount Realtors: Discount real estate brokers reduce their commissions to offer affordable services. Their commission varies between 0.5% and 2%.

Laurel Buys Houses Reviews: Are They a Good Choice?

Laurel Buys Houses can be a good choice for you if you want to sell your property fast. However, keep in mind that you may have to settle for a lower sale price i.e. 50% – 70% of the FMV.

Furthermore, there is a high possibility that you might not be able to sell with them because of their limited coverage. Laurel Buys homes only in Sacramento and its surrounding area.

We recommend selling your home via a cash buyer marketplace for a better value. On a cash buyer marketplace like Houzeo, you receive multiple offers that increase your chances of securing a top-dollar deal. Moreover, you can sell from anywhere as Houzeo covers 47 states and Washington DC.

» Houzeo Reviews: Read what 7,800+ customers have to say about Houzeo.

📞 Need Help? Schedule a FREE Consultation


A Houzeo expert can answer all your questions regarding our technology.


Book a FREE Call

 

Frequently Asked Questions About Laurel Buys Houses

Is Laurel Buys Houses legit?

Yes, Laurel Buys Houses is a legit company offering their services in Sacramento, California and its surrounding areas. Laurel Sagen, a real estate professional founded LBH. She and her team have been in the real estate business for over 20+ years.

How much can I get with Laurel Buys Houses?

Laurel Buys Houses is a cash buyer that purchases any type of property. You can expect around 50% - 70% of your home's FMV with Laurel Buys Houses. Learn more here.

Does Laurel buy the beach house?

No, Laurel Buys Houses does not buy beach houses as they only serve in Sacramento. So, if you wish to sell to them, make sure your home falls within their coverage area.

Write a Review

Please give a rating

Your name is required
Write a comment
Reviews
0
(0 Reviews)
Laurel Buys Houses Reviews Real Estate Reviews

Save $20

On Silver & up plans

Use Coupon Code:

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