Local Homebuyers is more than just a “We buy houses” company. We connect homeowners with our network of real estate investors in each market across the nation. Each of our investors is local and operates on the ground, so sellers can receive higher cash offers with faster closings.

This is our most asked question, so let us break this down…

1. Once you submit our form, we will call you to get more information about your property and talk numbers.

2. We do research on your property to determine a fair cash offer. Typically we set an appointment to come see the property and meet each seller in person. We may present our offer on the spot or will follow up with a call to present our offer. Our offers are 100% free and come with no obligations.

3. Closing is set based on your selling timeline, and you receive cash for your house at closing! That’s it!

It really depends on what you’re looking for in a home sale to determine whether a “We buy houses” company is right. Local Homebuyers is the all cash, fast, hassle free home selling option. There are no repairs, no cleaning, no fees, no commission. Plus, none of the hassles that come with a traditional sale: no open houses or showings. We even cover closing costs!

But with all of these benefits, comes a cash offer for less than you could receive on the market. Of course, when listing on the market, you have to subtract agent fees, closing costs, and account for the time waiting to sell while still paying your mortgage, utilities, etc.

TLDR: If you want an all cash, fast home sale without the hassles of working with an agent then a “We buy houses” company may be the right fit.

We do our best to always pay a fair amount for houses. We are not here to lowball sellers. We want homeowners to feel good about our cash offer and all of the hassle free benefits that come with it, such as no hidden fees or repairs.

Recognize though that there is a difference between a fair price and “market value.” If the house is in need of updates or repairs then that value will be taken into consideration when we make our offer.

Sometimes we are able to use “creative financing” to curate an offer that works better for both parties. Every time we make an offer we present all possible opportunities.

No, we do not turnaround and list houses on the market. Our intention is to buy your house and fix it up. Only after flipping your house would we sell it on the market or hold onto it as a rental property. If we find out together that your situation is better suited for a real estate agent, we will connect you to one of the top agents in your market.

Honestly, we don’t know, yet! We would need to take a look at your house, situation, expectations and timeline to give you a realistic answer. We are always happy to provide you with our professional recommendation.

Local Homebuyers has a network of local investors in all major markets across the U.S. So, it’s either us or one of our local partners who knows your market best and is therefore able to offer more for your house. Although we serve homeowners nationally, our network of investors each specializes in a specific market to operate on the ground and meet with sellers in person.

There are no obligations when you submit your info.

We understand that you have options, so to differentiate ourselves from the other options, we make sure that you know there are no costs to you when getting your free offer. You have absolutely nothing to lose.

No, you do not need to clean or make any repairs before moving out. We handle all cleaning and repairs once we close on the house. Feel free to leave behind everything you don’t want from food in the fridge to trash and musty furniture. We take care of it all.

No. We do not autogenerate cash offers. Each cash offer you receive requires research and a full understanding of the property.

Why Not? Other “We Buy Houses” Companies Make Offers Right Away…

These companies will give you a wildly inflated offer to bring you in and lock you up in a legally binding contract. They will then use an “inspection report” to come back and ask for a price reduction.

We don’t play those games.

There are several factors that go into curating a cash offer, so we will reach out if we have any questions about your property. This lets us present you an initial offer range to confirm we are in your ballpark.

[YOUR OFFER] = [ARV] – [REPAIR COSTS] – [SELLING COSTS] – [ROI]

After Repair Value (ARV): This is the market value of your home after we buy and renovate your house.

Cost Of Repairs: This is what we estimate our cost will be to update the house to current market conditions, and it’s what you are saving (along with your time) if you sell your house to us!

Our Selling Costs: This is an estimate of the cost of selling commissions, excise tax, property tax, utilities, insurance (title and property and escrow fees.) It’s typically around 10% of the ARV.

Return On Investment (ROI): This is how we pay our contractors and keep the business running. If we didn’t return some level of profit, we wouldn’t be a great business!