Jaimie Buys Houses is a home-buying company that makes cash offers on homes as-is. They provide a quick closing timeline that helps sellers who need money urgently.
However, this convenience comes at a cost. You may get an offer that is just 50% to 70% of your property value.
In this blog, let’s look at Jaimie Buys Houses reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: Jaimie Buys Houses purchases distressed properties as is. So, you avoid spending hundreds of dollars on expensive repairs.
- Cons: This cash buyer has a limited coverage area. Further, if they give you a lowball offer, you may not be able to negotiate a better deal.
- Our Take: We don’t recommend Jaimie Buys Houses. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Jaimie Buys Houses.
What is Jaimie Buys Houses?
Jaimie Buys Houses is a traditional “We Buy Houses for Cash” company that caters to home sellers in Texas. They buy distressed homes at a discount, fix them up, and then sell them for a profit.
This cash buyer can close on your property within two weeks. However, if you want a more relaxed closing timeline, you can choose a closing date of your choosing.
What Types of Properties Does Jaimie Buys Houses Purchase?
Jaimie Buys Houses purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:
- Inherited properties
- Homes with structural damages
- Rental properties with tiresome tenants
- Houses facing foreclosure
When compared to other cash home buyers, you may be robbed of a huge chunk of money with Jaimie Buys Houses.
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.
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👉 IMPORTANT: Review local housing sales data and determine the Fair Market Value of your property before requesting a cash offer from Jaimie Buys Houses.
Jaimie Buys Houses vs. Houzeo
Selling to Jaimie Buys Houses 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.
| Jamie Buys Houses | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 3.3 stars (7 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 10 to 30 days | 2 to 60 days |
| Fees | ❌ | $349 |
| Closing Costs | ❌ | 1% to 3% Closing Costs |
| Scope for Negotiation | ❌ | ✅ |
| Repair Costs | ❌ | ✅ |
» Houzeo Reviews: Still not convinced? Read what customers have to say about Houzeo.
Jaimie Buys Houses: Pros and Cons
Jaimie Buys Houses is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Jaimie Buys Houses Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Jaimie Buys Houses reviews match 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: Jaimie Buys Houses reviews say they close in as little as two weeks. However, their timeline is flexible, and they can close on a date suitable to you.
⛔ Jaimie Buys Houses Cons
Jaimie Buys Houses complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Jaimie Buys Houses 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 Jaimie Buys Houses, 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 buyer operates in Texas.
Best Alternatives to Jaimie Buys Houses
Even if you want to sell your house fast for cash, look for some alternatives better than Jaimie Buys Houses. 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.
Frequently Asked Questions About Jaimie Buys Houses
1. Is Jaimie Buys Houses legit?
Yes, Jaimie Buys Houses is a legitimate company that has been buying houses for cash in Texas.
