Companies that buy houses fast for cash is not something you get when working with a traditional bank lender. National and local house buying companies can dramatically accelerate the sell of your house.
What are home buying companies all about you ask? The short answer is they are a type of real estate entrepreneur driven group. In most circumstances they can help you learn how to sell your house in 5 days or less!
When we first started buying houses a little over eleven years ago (how time flies!) it wasn’t anywhere near the ubiquitous presence home buying companies are now. And we’re fortunate and proud to be a local Utah-focused house buying company. We couldn’t think of a better location to run a real estate investment company than here in the Beehive State. It’s what our reputation is built on: regional focus combined with regional knowledge.
Two differences national companies that buy houses have over local is generalization diversity. A third would be a high national profile.
If you are a Utah resident, you may actually be tempted to reach out to a national house buying company when a local house buying company may be better for you. In any case today’s review of the top 5 house buying companies will help you make a better decision.
We won’t bad mouth national home buying companies. And there’s no particular reason to. Most will be highly reputable and perfectly legitimate. But how well do national companies really know the Utah real estate market? Do they know the locality, the historic highs and lows? Those are fairly easy statistics to research. What’s more challenging for national house buying companies is being able to customize the perfect solution for you in your unique situation.
With that in mind, let’s review the top 5 house buying companies—both locally in Utah and nationally.
Review of 5 National House Buying Companies
1. National Cash Offer
National Cash Offer may not have billboards on every highway, but they’re rapidly becoming fierce competitors in home buying with a strong focus on single family properties. More importantly, they have an internal appraiser team—which can sometimes be an additional expense and aggravation many local Utah homeowners would prefer to avoid.
But first consider:
- How familiar is the in-house appraiser with your neighborhood?
- How many years have they been in the business?
- Are they working for your benefit? Or for the company itself?
2. Express Home Buyers Review
As one of the oldest national home buying companies in the USA, Express Home Buyers are certainly convenient. Like others, all selling fees are included in the cost. They claim to give you a cash offer in 7 minutes. That might not be enough time to adequately know your personal circumstances or any unique situations for selling your home, but a cash offer it is. You can get a quick estimate just by submitting details of your home on their website. And you can choose your own closing date.
But they’re also not Utah specific. And while they do market to Utah, it’s not necessarily as broad of a state-wide campaign compared to local Utah house buyers.
3. We Buy Ugly Houses Review
We Buy Ugly Houses may just be the most visible national house buying company among the list so far. They’ve been around since 1989. You’ve probably seen those ugly marketing signs and billboards plastered just about everywhere. They’ve got a highly identifiable mascot and, let’s face it, an easily memorable title.
In some ways those elements can help home sellers develop trust quicker but not always. Homeowners who have property with considerable repair issues and foundation damage (or property in very slow moving markets) can sometimes find it difficult to sell to a national home buying company. And WeBuyUglyHouses tends to be somewhat more liberal about the homes they purchase.
4. Fast Home Offer Review
Fast Home Offer is located in Texas, USA. They buy houses for cash in the USA, Canada, Australia and Mexico. The types of real estate they purchase includes commercial buildings, apartment complexes, condos, town homes, raw land and mobile homes with land.
They fare a little better in the locations they service. But they’re still very broad in investment scope. Their online consumer resources don’t appear particularly vast, and don’t include many of the incentives you’ll find with other national home buying companies. But if you find yourself in a pinch and are looking to sell your home quickly, Fast Home Offer may be just the solution that you need.
5. Enlight Home Buyers Review
Enlight is a qualified home buying company with a strong Utah presence since 2018. They are one of the newest players in the house buying community. They also purchase property in New Mexico, Indiana in any condition like other house buying companies.
They have about 12 customer reviews on their site from past customers. They too will purchase houses with considerable damage, including weather damage and pest infestation. More importantly, you get to choose your own closing date; a convenience that many local and national home buying companies offer.
Tips to Choosing Companies That Buy Houses for Cash
- Willingness to customize solutions to your specific needs and circumstances
- Years in business
- Lots of video and text testimonials
- Regional specialization and expertise
- The availability of flexible and fair estimates
- A willingness to work with your moving schedule according to your terms
- Registered with your local branch of the Better Business Bureau or Chamber of Commerce
- Amazing customer support
At Gary Buys Houses, we provide those exact benefits and more. We’ve been among the top rated companies that buy houses in Utah for over ten year now. We can give you both an honest, fair and realistic estimate for your home as is—often in as little as 1 day or over the phone while working out any solution you need for your situation. And with our “Sell Now, Move Later” program, we’ll even let you stay in your home until it’s time for you to move!
Review of 5 Local Companies that Buy Houses in Utah
Utah Sell Now
Utah Sell Now has been buying homes in Utah since 2015. They promise a prompt evaluation and offer within a 24 hour period. But what stands out about Utah Sell Now is the fact that their closing times are entirely subject to the seller. It could be as quickly as 7 days or customized to fit any homeowner’s needs and priorities.
Fast Home Offer Utah
Fast Home Offer Utah is a company that buys houses throughout an impressive range of counties and regions in Utah since 2014. But they have a particular focus on distressed properties, and take a unique and insightful approach in their understanding of seller needs.
Summit Home Buyers
Although they’ve only been in business for about two years, Summit Home Buyers covers a pretty broad range of areas throughout Utah and are thoroughly knowledgeable about both the local real estate market and home repairs. More importantly, they’re a two-person operation. That means you can rely on extremely personalized attention instead of generalized service.
Standout Home Buyers
Standout Home Buyers is another relatively new home buying company. But they’ve already distinguished themselves by partnering with their own team of independent contractors who provide services at a discount. While this is a great way to get a great estimate on your home, they’re also relatively limited in focus to the greater Salt Lake City area.
Utah House Buyers
Since 2016, Utah House Buyers has made a name for themselves by offering fast closing times (sometimes within the very same day) and professional courtesy. They predominantly focus on the Salt Lake City area and surrounding communities, however; which means they may not necessarily have a specialized understanding of the St. George or Logan markets.
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