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6 min read Jan 29, 2024

The Buy-Out Company Reviews: Are They the Best Option for Your Home?

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The Buy-Out Company is a cash for houses company. They don't have strict eligibility criteria when purchasing homes. They allow sellers to offload their distressed properties easily and quickly.

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Pros

  • You get a cash offer in maximum 48 hours
  • Since they purchase distressed homes as is, you save on repair costs

Cons

  • The Buy-Out Company makes deals that are just 50% to 70% of your home's FMV
  • You may not be able to negotiate your offer with this cash buyer

The Buy-Out Company is a local cash house buyer based in Colorado. They offer to buy houses in just 3 days, making them a good solution for those on a strict timeline.

However, you pay for this speed by settling for a reduced sale price. You may get just 50% to 70% of your property’s Fair Market Value.

Instead, we recommend listing and selling your home on a cash buyer marketplace like Houzeo.com. Via the MLS, Houzeo gets you exposure to hundreds of local and national investors. You could attract multiple cash offers, and probably even sell for more than 100% of your property’s fair market value.

Let’s look at The Buy-Out Company reviews and alternatives to see if you can get a better deal for your home.

Key Takeaways

  • Pros: The Buy-Out Company purchases homes as-is. So, you save on repair costs that would otherwise burn a hole in your pocket. Moreover, you can sell your house in just 3 days.
  • Cons: The Buy-Out Company may extend lowball offers that could rob you of your hard-earned equity. Further, there is very little scope to negotiate the offer extended.
  • Our Take: We don’t recommend The Buy-Out Company. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. The Buy-Out Company.

What is The Buy-Out Company?

The Buy-Out Company is a traditional “We Buy Houses for Cash” company that lets you offload your distressed property easily. You can get 50% to 70% of your property’s value in your bank account within days of contacting them.

However, if you want a more leisurely closing process, you can choose a closing date based on your convenience.

What Types of Properties Does The Buy-Out Company Purchase?

The Buy-Out Company purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:

When compared to other cash home buyers, you may be robbed of a huge chunk of money with The Buy-Out Company.

To avoid such a possibility, list on the MLS with a flat fee company like Houzeo and compare multiple offers from cash companies and iBuyers alike.

    👉 IMPORTANT: Review local housing sales data and determine the Fair Market Value of your property before requesting a cash offer from The Buy-Out Company.

The Buy-Out Company vs. Houzeo

Selling to The Buy-Out Company seems hassle-free. But you pay for this convenience by selling your home at a reduced price.

On the other hand, an MLS listing with Houzeo’s Gold plan equips you with advanced technology to call for the highest and best offers. You can also counter offers to help you get a deal closer to your expectations.

The Buy-Out CompanyHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating4.8 stars (94 reviews)4.9 stars (4,523 reviews)
Closing Timeline3 to 30 days2 to 60 days
Fees$379
Closing Costs1% to 3% Closing Costs
Scope for Negotiation
Repair Costs

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

The Buy-Out Company: Pros and Cons

The Buy-Out Company is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:

The Buy-Out Company Pros

Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how The Buy-Out Company matches up to these expectations.

  • Buy As Is Houses: This “We Buy Homes Fast” company purchases homes as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
  • Quick Closing: The Buy-Out Company reviews say they close in as little as 3 days. However, their timeline is flexible, and they can close on a date suitable to you.

The Buy-Out Company Cons

The Buy-Out Company complaints reflect the following disadvantages of the company:

  • Lowball Cash Offers: The Buy-Out Company views your house as an investment opportunity. So, your offer price may be much lower than the market price of your property.
  • Little to No Scope for Negotiation: With cash home buyers like The Buy Out Company, you may not 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 home buyer caters primarily to home sellers in Colorado.

Best Alternatives to The Buy-Out Company

Even if you want to sell your house fast for cash, look for some alternatives better than The Buy-Out Company. We’ve listed three below:

  • Houzeo: Houzeo is one of the best FSBO websites in America that lets you list your home on the MLS in just 24 to 48 hours. Here, multiple national and local cash home buyers make offers on your property, driving up its price. You can even get 100% of your home’s FMV.
  • Opendoor: Opendoor is the largest iBuyer in America extending cash offers for homes needing minimal repairs. They generally pay 70% to 80% of your home’s FMV but deduct a 5% service fee, closing costs, and repair costs from the offer.
  • HomeVestors: HomeVestors is a cash home buyer franchise offering 50% to 70% of the home’s FMV. However, they may deduct repair costs at closing. Further, since each office is independently owned, you won’t get consistent service across the country.

“We Buy Houses for Cash” Companies Near Me

There are other “We Buy Houses As Is” companies in the market. You can request an offer from multiple cash companies and pick the one that suits you the best.

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

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Frequently Asked Questions About The Buy-Out Company

1. Is The Buy-Out Company legit?

Yes, The Buy-Out Company is a legit cash buyer that purchases houses in Colorado. According to their website, they have bought over 1,889 properties since 2007.

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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