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 Fresno homeowners ditch repairs and choose cash buyers for a hassle-free sale!
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 Top Cash Home Buyers in Fresno
1. Houzeo.com: Fresno’s #1 Cash Home Buyer Marketplace
Houzeo 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, you can connect with Fresno’s best cash home-buying companies and individual investors. You can also get multiple competitive offers for your home. This increased exposure helps you get maximum profit.
2. John Medina Buys Houses
John Medina Buys Houses is a local cash home buyer focused on providing personalized solutions for homeowners in specific areas. They emphasize a direct and straightforward selling process, often working directly with sellers to understand their unique situations.
- Typical Offer: Local cash buyers like John Medina usually offer 50% to 70% of the Fair Market Value. This range makes sense. It accounts for the easy and fast transaction. The property’s condition also plays a role.
- Eligible Properties: John Medina Buys Houses typically purchases residential properties in any condition within their local service area. You can sell your house as is, or a foreclosed home, even an inherited property.
- Closing Offer Terms: They emphasize a flexible closing timeline, often accommodating the seller’s needs with closing periods that can range from 7 to 30 days.
- Service Fee: None.
Choosing John Medina Buys Houses offers several notable advantages for sellers prioritizing speed and convenience. Their local presence often translates to more personalized attention and a better understanding of the regional market dynamics.
- Sell As-Is: A significant benefit is the ability to sell your house as is, i.e. no need for minor repairs.
- Fast Cash Offers: Sellers can typically expect to receive a cash offer in as little as 7 days.
- Flexible Closing: They strive to work around the seller’s preferred timeline, offering flexible closing dates.
- No Fees or Commissions: As they charge no upfront fee, you can avid the typical costs associated with real estate agents as well.
While the convenience of selling to a cash buyer like John Medina Buys Houses can be appealing, there are potential drawbacks to consider.
- Limited Negotiation: While they may offer a personal touch, the initial cash offer presented might have limited room for negotiation. Sellers should be prepared that the first offer could be their best and final offer.
- Lowball Cash Offer: The final cash offer may be below the property’s fair market value, around 70%. They may also deduct repair and closing costs.
- Local Focus: The services are generally confined to specific operating areas, in their case, throughout California.
John Medina Buys Houses has 4.7 out of 5 stars from 55+ reviews on Google Reviews.
» John Medina Buys Houses Reviews: Read our in-depth review of John Medina Buys Houses.
John and Yvette Medina founded Los Angeles, CA-based “John Medina Buys Houses” in 2013. In the last two years, they have expanded their business to the entire state of Fresno.
They offer quick closing and instant cash deals. However, previous customers have complained that the deal did not go through and they received no explanation.
3. Express Home Buyers
Express Homebuyers specializes in making all-cash offers on distressed houses. They cater to home sellers who want to sell their houses fast without making any repairs.
- Service Fee: None.
- Typical Offer: You can get up to 50% to 70% of your house’s Fair Market Value (FMV).
- Eligible Properties: Express Homebuyers deals in inherited houses, homes sold after divorce, foreclosure properties, rental properties, and more.
- Closing Offer Terms: The company has a flexible closing timeline and can buy your home at your convenience. Usually, they close within 2 to 4 weeks.
Following are some of the reasons, that makes Express Homebuyers are good choice to sell your home:
- Flexible Closing Date: Closing dates can be finalized as per your terms.
- No Charges or Fees: Express Homebuyers does not charge you any fees. You will receive the full selling price based on market research and the house’s conditions.
- Sell As-Is: You need not prep the home for listing, home staging, or worry about making repairs.
The company has some negatives to look out for as well:
- Unresponsive Customer Support: Previous clients have complained about their lack of communication and half-hearted responses.
- Non-Negotiable Offer: You must either accept or decline the offer without requesting changes or modifications. The offer will not be more than 80% of the property’s Fair Market Value.
Express Homebuyers has a rating of 4.4 out of 5 stars with 160+ reviews on Google Reviews.
» Express Homebuyers Reviews: Is there no service fee for real? 😲
👉 Our Take: Express Homebuyers can be a great option to sell an extremely distressed property. However, if your house needs minimal or no repairs, then you should consider listing on the MLS.
Jud Allen and Brad Chandler founded Express Home Buyers in 2003. Though they are available in 27 states and DC, they are based in Springfield, VA.
Express Home Buyers is a cash home buyer with over 20 years of experience. However, they have poor customer support which can delay your sale.
4. Opendoor
Opendoor is the biggest iBuyer in the U.S. They offer cash for your home within 24 to 48 hours of submitting your details on their website. Opendoor is also flexible with closing timelines and move-out dates.
- Typical Offer: 70% to 80% of your property’s Fair Market Value.
- Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes or homes with tenants do not qualify for Opendoor’s cash offer.
- Closing Offer Terms: Opendoor claims to let you close at your pace, up to 45 days after their offer. However, be aware that your final offer may change.
- Service Fee: You will be charged 5% of the home sale price.
Here are some of the benefits that you get with Opendoor:
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Sell As-Is: Opendoor helps you avoid the hassle of making minor repairs and you can sell your house as-is.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancellation Fees: You can cancel the contract anytime without incurring any fine.
In our research, we have found certain drawbacks of Opendoor:
- Low-ball Cash Offer: Opendoor’s final cash offer may be below your property’s Fair Market Value, around 70%. They also deduct repair and closing costs.
- Hefty Service Fees: Opendoor will charge you a steep 5% service fee.
- Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.
Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.
» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.
Opendoor is a good option if your home needs minimal repairs. You can get a maximum of ~80% of your property’s fair market value. However, this means leaving thousands of dollars on the table. Their service fee is also a steep 5% of your home’s sale price.
5. Sundae Real Estate
Sundae Real Estate operates as a marketplace connecting sellers of off-market properties with a network of vetted investors. Instead of providing a direct cash offer, they create a bidding environment to potentially get sellers a better price.
- Typical Offer: Properties listed on Sundae are typically distressed, suggesting offers will likely be below the Fair Market Value, potentially ranging from 60% to 85% depending on the property’s condition and investor demand.
- Eligible Properties: Sundae focuses on off-market properties that often require minor repairs or updates. This can include houses with cosmetic issues, structural problems, or those needing significant renovations.
- Closing Time: Closing times vary by investor, but Sundae aims for a quick 30-60 day process. Investor bids determine the final offer.
- Service Fee: None.
Here are some of the benefits that you get with Sundae Real Estate:
- Competitive Offers: By listing your property on their marketplace, you can potentially receive multiple offers from different investors.
- Focus on As-Is Sales: Sundae specializes in selling homes as is, allowing you to avoid the costs and hassle of minor repairs and staging.
- Wider Pool of Buyers: Access to Sundae’s network of vetted real estate investors can expose your property to a larger pool of potential buyers than a direct sale.
- Streamlined Process: Sundae aims to simplify the selling process for off-market properties, handling the listing and connecting you with interested investors.
- Cash Advance of Up To $20,000: Eligible home sellers can receive up to $20,000 through Sundae’s Cash Advance Program. To apply for this program, you must inform the closing manager as soon as you sign the purchase agreement. Once all the paperwork is completed you may stand eligible for the same.
In our research, we have found certain drawbacks of Sundae Real Estate:
- Limited Reach: Sundae serves 11 locations across 5 states in the United States. These are Atlanta, Dallas & Fort Worth, Houston, Inland Empire, Las Vegas, Los Angeles, Oakland, Orange County, Sacramento, San Diego, and Seattle.
- Non-Negotiable Cash Offers: Sundae homebuyers will not offer more than 70% of your property’s Fair Market Value. You can try to negotiate, but Sundae investors will rarely budge on the price.
- Uncertainty of Offers: When you sell your house to Sundae, you’re selling to a local investor. The price you’ll receive, depends on investor interest.
- Customer Feedback: Sundae has a significant number of complaints on the Better Business Bureau, primarily revolving around communication, customer service, and discrepancies in offers or fees.
Sundae has an average rating of 4.2 out of 5 on BBB with 85+ reviews.
» Sundae Reviews: Is it a better cash investor marketplace in 2025?
Sundae Real Estate is a pre-vetted network of investors. It is ideal for home sellers looking to offload their property as is.
No matter the condition of the property, you will get an offer when you list it on Sundae.com. The cash offer will likely be 50% to 70% of the home’s market value though.
Are Companies That Buy Houses for Cash in Fresno 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 FresYes. However, be sure to read company reviews and seller testimonials to find a legitimate cash buyer.
3 Types of Companies That Buy Homes in Fresno
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors and John Medina Buys Houses 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 Fresno
Not sure how to sell your home for cash in Fresno? 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 Fresno Pay?
Fresno 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 $389,500 home in Fresno. With a traditional cash home buyer, you could get just $272,650. 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% | $272,650 |
iBuyer | 5% | 80% | $311,600 |
Houzeo | $199* | Up to 100% | $389,301 |
» Houzeo Reviews: Find out why Houzeo is Fresno’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Fresno
Given that more sellers are opting for companies that buy houses for cash in Fresno, 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 Fresno 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: Fresno 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 California. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams 🚩
If any Fresno 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 Fresno
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a California 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. California 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 California charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Fresno?
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.
Frequently Asked Questions
Which is the best company that buys houses for cash in Fresno?
Houzeo is the best cash buyer marketplace in Fresno. Companies like John Medina Buys Houses and Express Home Buyers are other great options for selling homes for cash.
How can you sell to companies that buy houses for cash in Fresno?
To sell to companies that buy houses for cash, first research local cash buyers in Fresno or use a cash buyer marketplace. Then, submit your home’s information and get an offer within 24-48 hours. You can complete the sale in as little as a week once you finalize the agreement.
How fast can I sell my Fresno house?
You can sell your house fast for cash in California within 7 to 30 days with a cash home buying company. However, you get only 30% to 70% of your property's Fair Market Value. To get a higher price, sell to a cash buyer marketplace like Houzeo and attract multiple cash offers.
What to look for when choosing cash home buyers?
Look for legitimate cash home buyers that have a great reputation in the industry. They should have positive customer reviews on platforms like Google and Trustpilot that highlight their transparent processes and fair offers.