In Q2 2024, over 30% of US homes sold for cash. A cash sale means no repairs, no delays, and a quick 7-14 day closing. No wonder homeowners ditch repairs and choose cash buyers for a hassle-free sale in the Gem State!
But here’s a downside! Cash buyers offer just 30% to 70% of your home’s Fair Market Value. Don’t stress—just enter a cash buyer marketplace. Here you can receive offers that can reach up to 100% of your home’s value!
Reviews: 5 Best Cash Home Buyers in Idaho
1. Houzeo.com: Idaho’s #1 Cash Home Buyer Marketplace
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $199Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers, increasing the number of offers you receive.
- Pricing:
- Silver Plan – $199: 6-month MLS listing, 24 photos.
- Gold Plan – $249: Maximum photos, contract review, seller disclosures, licensed broker assistance.
- Platinum Plan – $299: Everything in Gold with a 12 month listing and virtual full-service with licensed broker.
» Houzeo Reviews: Find out why Houzeo is one of America’s best cash buyer marketplaces.
Houzeo is America’s #1 cash buyer marketplace because of 5 reasons:
- Max Exposure: Houzeo’s packages give you access to the MLS and 100s of websites like Zillow, Realtor.com, Redfin, etc.
- 5-Star Customer Service: Houzeo’s customer service desk is available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.
- No Listing Commission: You’ll pay just a small flat fee to list on MLS. You get to bypass the 3% listing agent commission!
There are no dealbreakers with Houzeo.
» Houzeo Pros and Cons: Read the advantages and disadvantages of choosing Houzeo to sell your home for cash.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
With Houzeo, your home gets maximum exposure to Idaho’s best cash home-buying companies and individual investors. You could get multiple competitive offers for your home, driving up its final sale price.
2. Boise House Buyers
LOCAL CASH BUYER
Service Fee: NoneBoise House Buyers is a Boise, ID based local property investor. They buy houses in as-is condition for cash in and around cities across Idaho state.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Boise House Buyers offer cash on houses in any condition or situation, including distressed properties, avoiding foreclosure, divorce, and burdensome property with bad tenants.
- Closing Offer Terms: Boise House Buyers help close in less than a week.
👉 Our Take: Boise House Buyers offers fast closing and you can sell your homes as-is. They offer excellent communication with weekly updates.
- Instant Offer: You can get a cash offer within 24 to 48 hours, reflecting the speed of their operations.
- No Obligations: After the initial contact, the company will make an offer without keeping any obligations on your part.
- Quick Closing: Boise House Buyers closes in as little as one week.
- No Additional Costs: There are no undisclosed fees or hidden costs.
- Sell As-Is: Boise House Buyers buys houses in any condition, you do not have to worry about home staging costs or repair costs. No effort is required on your part to fix the property.
- Not Many Reviews: Boise House Buyers has only 3 reviews on Google Reviews and none on any other trusted platform.
- Limited Coverage: The company operates only in areas in Idaho.
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Boise House Buyers has 5 out of 5 stars from 3 reviews on Google Reviews.
» Boise House Buyers Reviews: Read our in-depth review of the company to see if it suits you.
Boise House Buyers is a Boise, ID-based local cash buyer in business since 2017. They buy distressed properties as-is. There are no fees and commissions involved in their process, and they often pay for the closing costs too.
They respect the importance of a timely sale, and work diligently for it. However, they have little to no credible reviews on any trusted platform.
3. KHD Real Estate, LLC
LIMITED COVERAGE
Service Fee: NoneKHD Real Estate specializes in buying distressed properties in Idaho. They are a local, family-run business, having a reputation for helping homeowners get rid of their properties ASAP.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Properties under foreclosure, with bad tenants, unwanted inherited property, distressed homes, delayed mortgage payments, and more!
- Closing Offer Terms: They offer a flexible closing date, up to 30 days out.
👉 Our Take: KHD Real Estate LLC is a cash home buying company for home sellers looking to close quickly. However, don’t expect a lot of cash for your house. An MLS listing increases your chance of getting better and more offers.
- Quick Cash Offer: You will get an initial offer within 24 hours of submitting your details.
- No-Obligation Offer: You will get a fair no-obligation offer and the deal will close at a local title company.
- Cash Advance: On request you can get a cash advance in as less as 7 days.
- Sell As-Is: You do not need to prep your home for listing or worry about making repairs.
- Unreliable Offers: KHD Real Estate LLC decides cash offers based on local market sales & housing trends. This could change drastically during your negotiation.
- Not Many Reviews: KHD Real Estate LLC has only a few reviews on trusted platforms.
KHD Real Estate LLC, has 5 out of 5 stars from 11 reviews on Google Reviews.
» KHD Real Estate LLC Reviews: Know why it is not the best way to sell with KHD Real Estate LLC in 2024.
KHD Real Estate LLC is an Idaho-based cash home buyer company that was incorporated in 2018. They operate in select markets of Idaho, including Ada and Canyon County, and deliver fast transactions.
However, their tech and website are not at par with industry standards. Also, they do not have many credible reviews on any platform apart from Google.
4. ASAP Cash Home Buyers
NATIONWIDE COVERAGE
Service Fee: NoneASAP Cash Home Buyers, founded in 2013, offers quick and hassle-free home sales. It specializes in assisting homeowners who need to sell their property fast for cash.
- Service Fee: None
- Typical Offer: 50% to 70% of the Fair Market Value (FMV)
- Eligible Properties: The company buys properties that have structural issues, have bad mortgage financing, and are located in high-crime areas. They also offer cash for inherited houses and empty lots.
- Closing Offer Terms: You close the deal 3 weeks after accepting the offer. You also have the option to choose a closing date that suits your needs.
👉 Our Take: ASAP Cash Home Buyers is a good choice if you want to save on repair costs. However, you have to settle for a price that’s almost half of the home’s fair market value when you sell as is.
- Nationwide Coverage: The cash home buyer offers its services in all the 50 states of the U.S.
- Flexible Closing Date: You can choose a closing date that works best for you.
- No Hidden Costs: ASAP Cash Home Buyers mention all their fees upfront.
- Purchase of Distressed Home: You can sell your home as-is to save time and help close the deal faster.
- Varying Level of Service: ASAP Cash Home Buyers partners with independent investors nationwide. Therefore, there’s no guarantee that you will work with a knowledgeable and responsive buyer.
- Only Purchase Homes: ASAP Cash Home Buyers does not buy property interests like timeshares, hotels, or rental communities. Thus, if you want to sell other properties, you need to consider other options.
- Limited Negotiation: Since they have a streamlined process, it can result in fixed terms and conditions. This means you have less opportunity to negotiate on the offered price.
ASAP Cash Home Buyers has a rating of 4.8 out of 5 stars with 40+ reviews on Google.
» ASAP Cash Home Buyer Review: Read our in-depth analysis.
ASAP Cash Home Buyers, based in Fort Lauderdale, FL is a dedicated team of real estate professionals. They specialize in fast transactions, and provide a seamless home-selling process without any closing fees.
However, ASAP Cash Home Buyers will only give 50% to 70% of your home’s fair market value, if it requires extensive repairs.
5. House Cashin
CASH HOME BUYER
Service Fees: NoneHouse Cashin is an online platform that connects home sellers to credible real estate investors and other parties. You can receive multiple cash offers on your property within 24 hours.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: House Cashin accepts all types of distressed properties, including damaged houses, inherited properties, homes facing foreclosures, etc.
- Closing Offer Terms: Once you accept an offer from an investor, they close within 7 days.
👉 Our Take: House Cashin is a company that connects homeowners with potential buyers. Since there are multiple offers, you can pick one at your convenience.
- Competitive Cash Offers: House Cashin can provide up to 5 no-obligation all-cash offers on your property within 24 hours.
- Nationwide Coverage: House Cashin offers its services in all 50 states and Washington D.C.
- Zero Service Charges: No commissions or closing costs.
- Selling As Is: You can save on repair costs and sell your house as is.
- Inconsistent Quality of Service: The offers made on your property via House Cashin are by local real estate investors. The service quality will differ based on the independent investor you are dealing with.
- Non-Negotiable Cash Offers: Although you receive multiple offers, no investor may offer more than 70% of your property’s fair market value. Even if your property isn’t distressed, they will rarely budge on the offer price.
House Cashin has 4.7 out of 5 stars on Google.
» House Cashin vs. Houzeo: Read further to know why Houzeo is better than House Cashin.
House Cashin is an online platform that connects home sellers with real estate investors interested in buying property. They offer their services across all states. With a single request, you can receive up to 5 cash offers from reputable real estate investors in 24 hours.
Once you choose from the proposed offers, the investor will close on your property within 3 to 30 days.
Are Companies That Buy Houses for Cash in Idaho Legit?
Yes, companies that buy houses for cash are legitimate and operate legally nationwide. In fact, the National Association of Realtors (NAR) validates cash buyers in the Gem State. However, be sure to read company reviews and seller testimonials to find a legitimate cash buyer.
3 Types of Companies That Buy Homes in Idaho
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors purchase distressed homes, typically paying 30% to 70% of their FMV.
- iBuyers: iBuyers, such as Opendoor and Offerpad, provide instant cash offers between 70% and 80% of the FMV. They have strict eligibility requirements, limiting the types of homes they purchase.
- Home Trade-In Services: Companies like Knock or Orchard offer cash for your home before you move out. This helps you buy your new house without any delay.
4 Steps to Sell Your Home for Cash in Idaho
Not sure how to sell your home for cash in Idaho? Just follow these 4 steps:
- Find a Cash Home Buyer: Research all local companies buying houses for cash and opt for one with great client testimonials.
- Request an Offer: Once you’ve selected a cash buyer, request an offer on their website. You’ll have to provide information like the property type, number of rooms, asking price, etc.
- Schedule a Home Visit: A company representative will then inspect your house. The final cash offer will be based on the outcome of this inspection.
- Close the Deal: If you’re happy with the offer, finalize the deal. Remember to get all the paperwork for selling a house without a Realtor verified by a real estate attorney.
How Much Do Cash Buyers in Idaho Pay?
Idaho cash house buyers usually offer between 30% to 70% of a home’s After-Repair Value. However, it depends on factors like the company you’re selling to, their service fees, etc. Here’s how the After-Repair Value is calculated:
After-Repair Value (ARV) = Property Purchase Price (PPP) + Cost of Repairs (COR)
Imagine if you were selling your $480,400 home in Idaho. With a traditional cash home buyer, you could get just $336,280. But on a cash buyer marketplace like Houzeo, you could get multiple offers, potentially driving your sale price to 100% of its FMV.
| Service Provider | Service Fee | ARV Estimate | Actual Offer |
| Cash Buyer | None | 70% | $336,280 |
| iBuyer | 5% | 80% | $384,320 |
| Houzeo | $199* | Up to 100% | $480,201 |
» Houzeo Reviews: Find out why Houzeo is Idaho’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Idaho
Given that more sellers are opting for cash buyers in Idaho, here are some pros and cons you must consider before you sell with them:
✅ Pros
- Fast Cash Offers: “We Buy Houses for Cash” companies extend offers within 24-48 hours.
- Flexible Closing: Cash buyers in Idaho close quickly and on your timeline. So you can sell your home anywhere between 7 days to 30 days.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: Idaho cash house buyers typically pay only 30% to 70% of a home’s FMV. So you leave a significant amount of your home’s equity on the table.
- Non-Negotiable Deals: Such cash offers are usually take-it-or-leave-it. There’s little to no room for negotiation, which limits your ability to secure a better offer.
- Possible Closing Costs: Some cash buyers might force you to pay seller closing costs in Idaho. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams 🚩
If any Idaho cash home buyer extends an offer that seems to-good-to-be-true, it probably is. Stay alert, and don’t fall victim to the following scams.
- Bait-and-Switch Offers: Scammers present appealing offers and then change them later, hoping you’ll accept out of desperation. Always verify the terms before you sell your house for cash or accept an offer.
- Deed Fraud: Fraudsters can sell or mortgage your home without your consent using fake documents. Check customer testimonials and online reviews before you select a cash buyer.
- Loan-Flipping Scams: Some scammers may pressure you to sell your home fast for cash by offering loans that drain your equity. Always consult a trusted advisor before agreeing to any cash offer.
- Email Phishing: Scammers send fraudulent emails pretending to be agents, title companies, or lenders. They trick you into wiring money or providing personal details for fake services. Always confirm the authenticity of any cash offer for a home via a phone call.
» We Buy Houses Ripoff: Learn how to avoid falling victim to the scam.
Alternatives to Companies That Buy Houses for Cash in Idaho
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Idaho Flat Fee MLS listing service. Your home is visible to multiple cash buyers, increasing your offers.
- For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using yard signs, word of mouth, open houses, etc. Idaho FSBO websites also limit your home’s exposure, which lowers your home sale price.
- Full-Service Realtors: They provide various services from listing to closing, but charge a hefty 5% to 6% commission.
- Discount Real Estate Brokers: They offer services like contract review and negotiation for a lower fee than traditional agents. Discount brokers in Idaho charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Idaho?
Yes, you can sell to cash buyers. But say goodbye to 30% to 70% of your home’s equity. That’s the price you pay for a quick sale. On the other hand, on a cash buyer marketplace, you can get multiple offers, sell fast, and potentially keep more money.
