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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

HomeLight

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Who’s paying cash for houses? One of the most well-known house-flipping companies is the “ We Buy Ugly Houses ”® franchise.

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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. How do ‘we buy houses’ companies work? These investors purchase a house in poor condition “as is” for less than market value (generally between 50% to 70%). Cash buyers may have hidden fees.