Best Companies That Buy Houses For Cash In Alabama

Not all “We Buy Houses” companies in Alabama are equal. Everyone has seen the brightly colored “We Buy Houses for Cash” signs on the side of the road. Those are not your only options. There are different types of house-buying companies that offer an easy way to sell your home online.

We Buy Houses companies in Alabama make all-cash offers for houses that often need some work, enabling sellers who lack the time, expertise, and money for repairs to sell quickly and receive the cash proceeds from their home sooner if they need it.

Maybe you’re moving out of Huntsville for a job in Texas or Florida. Or maybe you’re ready to spend more time with your family in a different in a different state. It might make sense for you to downsize and sell your historic Birmingham Tudor home quickly. No matter your circumstances, selling fast might be in your best interest.

If you need to sell your Alabama home quickly, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much an Alabama house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get started.

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Working with the Best Companies That Buy Houses For Cash In Alabama

We Buy Houses companies in Alabama typically offer quick, all-cash offers and ultra-fast closings, often in as few as seven days. They tend to target distressed properties in need of repairs, and work with sellers who need to move ASAP.

Here’s how the process generally works:

You request an offer and provide the company with some information about your home. Most companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.
The company completes a walk-through of your property, usually within 24 to 48 hours.
The company makes a firm offer (usually within 24 hours, sometimes on-site after the walk-through) which you can accept or decline. Most of these companies will not negotiate on price, so the offer is a take-it-or-leave-it scenario.
If you accept the offer, you’ll both sign a contract and the closing process will begin. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.
Closing and getting paid is quick, typically within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.

Popular We Buy Houses for Cash companies in Alabama

If these benefits of selling to a house-buying company in Alabama sound good to you, it’s time to find a legitimate company you can trust. We’ve compiled some of the top companies that will pay cash home. By selling to one of these companies, you should be able to sell your Alabama home in as little as a week or two.

#1 - Alabama Home Debt Relief Services

Website: www.homedebtreliefservices.com Phone number: 205-605-8668 Locations: Covering all of Alabama

Alabama Home Debt Relief Services opened in March 2012. The company points to its local roots and willingness to help Alabamans sell their houses, and the company purchases more than 100 homes per year. The team has more than 30 years of experience in the Alabama market.

The company has a four-step process. Step one is to fill out a contact form. Step two is to schedule an appointment. Step three is an in-home inspection by a company rep and a no-obligation offer. Step four is closing with a local attorney. A homeowner can sell the house in as little as seven days.

Closing costs: Sellers pay no closing costs; Alabama Home Debt Relief Services covers them.

Reviews: Customer reviews for Birmingham Homebuyers LLC speak to the companies patience and thoroughness. They express their appreciation for receiving a “very good” price for their home.

#2 - We Buy Houses

Website: webuyhouses.com Locations: Covering Alabama

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

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.

#3 - Offerpad

Website: www.offerpad.com Locations: Birmingham Market

Known for its fast closing schedule, Offerpad was founded in 2017. Offerpad’s patented evaluation tool generates an initial offer price for the property based on housing market stats and insights from in-house real estate market specialists.

Service Fee: 5% of Home Sale Price

Types of Properties Purchased: Offerpad offers cash for houses only in desirable neighborhood's and for properties that need zero or minimal repairs. Distressed properties may not get a cash offer from Offerpad.

Why sell for cash in Alabama?

There are plenty of reasons an Alabama seller may choose to go the Cash-For-Homes route, speed and certainty being first among them. In Alabama, it typically takes around 103 days to sell a home on the market using an agent. That includes an average of 49 days on market, plus the typical 54 days a buyer needs to close on a purchase loan.

Compare that to the typical seven days promised by many We Buy Houses for Cash companies in Alabama, and you can see why these companies remain popular, even though they don’t always offer top dollar.

Not every seller has months to prep, market, show, and close. Let’s look at some common reasons Alabama sellers choose Cash-For-Homes companies over listing the traditional way.

The home has major repair issues common in Alabama such as grading and drainage issues.
The seller needs to move or cash in quickly due to divorce, job relocation, medical need, financial stress, etc.
The seller doesn’t have the means or desire to make repairs.
The seller doesn’t want to bother prepping the home, dealing with showings, negotiating, or navigating a long sales process.
The seller prefers the privacy of selling their home off-market to a cash buyer.
The seller is in the foreclosure process and wants to sell the home before it’s too late.
The seller inherited the property and wants to unload it as quickly as possible.
The seller is a landlord who has problem tenants or no longer wishes to manage a rental property.
The homeowner is aging and moving into a care facility, prompting their family to sell the home.
The seller is living out of Alabama and prefers the ease of a cash sale.

If any of these sounds like you, requesting a cash offer might be a good starting point, though it’s not your only option, and it may not be your best move (we’ll dive into your other options in just a minute!).

Best Companies That Buy Houses For Cash In Alabama FAQs

How much will We Buy Houses for Cash companies in Alabama pay?

Most Cash-For-Homes companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value, minus repair costs.

Here’s what that simple formula looks like:

(Your home’s ARV x .70) – repair costs

Now let’s take a look at a practical example. Let’s say your Alabama Craftsman home could sell for $350,000 after repairs, but it’s going to need $80,000 of work to get there.

($350,000 x .70) – $80,000 = $165,000

In this example, an Alabama cash-for-homes company will probably offer you around $165,000 for your property.

How much does selling a home to a We Buy Houses for Cash company in Alabama cost?

Selling a home to a We Buy Houses for Cash company shouldn’t cost you any money, they tend to have zero fees, and will even cover your closing costs. That means the offer you get is the price you should walk away with.

How do you sell a house for cash in Alabama?

Research and vet house buying companies available in your area. The above list is a great place to start.
Submit offer requests to your top few companies.
Schedule any on-site visits.
Field and compare offers. Choose the best option for you.
Close in a week to 30 days and get paid (or you can often choose a later closing date, up to 90 days after receiving the offer)

Best Companies That Buy Houses For Cash In Alabama - Key takeaways

We Buy Houses for Cash companies in Alabama can offer you a way to sell your home in as few as seven days with no repairs, showings, or hassles.
There are many reputable cash homebuying companies across Alabama, and most sellers going this route can find a company that suits their needs.
Alabama Home Debt Reliefs Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Alabama. Because the platform has partner investors with different buying parameters across Alabama, it can be a great starting point if you aren’t sure who would buy your home.

Are You Ready to Sell Your Property In Alabama?

We hope that through reading this Alabama home sellers guide, questions like “Best Companies That Buy Houses For Cash In Alabama?” were answered.

We help people in all situations sell their property quickly and avoid common financial mistakes. Imagine having to find a real estate agent, make repairs, clean, deal with open houses and showings, and pay commission and fees on top of all the work and stress in your already busy life…

Alabama Home Debt Relief Services eliminates these hassles. We take the stress out of selling your probate home, so you can keep on living your life. Our goal is to make your home sale as simple as possible.

205-605-8668