✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
Charleston House Buyers is a cash home buyer that purchases properties as is. They don't have strict eligibility criteria for the properties they buy and even purchase distressed homes.
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Pros
- Charleston House Buyers makes cash offers in 24 to 48 hours
- They offer a quick and flexible closing timeline so you can move out at your convenience
Cons
- Charleston House Buyers extends offers that are just 50% to 70% of your home's FMV
- This cash buyer has a limited coverage area
Charleston House Buyers caters to home sellers in South Carolina. They make all-cash offers and can close on properties within a week.
However, when dealing with this cash buyer, you may get a lowball offer that is just 50% to 70% of your property’s Fair Market Value. Further, you may not be able to negotiate this cash offer.
Instead, we recommend listing and selling your home on a cash buyer marketplace like Houzeo.com. Via the MLS, Houzeo gets you exposure to hundreds of local and national investors. You could attract multiple cash offers, and probably even sell for more than 100% of your property’s fair market value.
Let’s look at Charleston House Buyers reviews and alternatives to see if you can get a better deal for your home.
Key Takeaways
- Pros: Charleston House Buyers purchases distressed houses as is. This saves you money otherwise spent on expensive repairs.
- Cons: A cash offer from Charleston House Buyers may cause you to lose around 30% to 50% of your property’s value.
- Our Take: We don’t recommend Charleston House Buyers. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Charleston House Buyers.
What is Charleston House Buyers?
Charleston House Buyers works like a home flipper. They buy distressed houses at a discount, fix them up, and then sell them for a profit. So, if you’re on a time crunch, this cash buyer lets you sell your as-is home easily.
What Types of Properties Does Charleston House Buyers Purchase?
Charleston House Buyers 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 Charleston House Buyers.
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.
» What’s My Home’s Value: You can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.
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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 Charleston House Buyers.
Charleston House Buyers vs. Houzeo
Selling to Charleston House Buyers 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.
| Charleston House Buyers | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 5 stars (19 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 7 to 30 days | 2 to 60 days |
| Fees | ❌ | $379 |
| 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.
Charleston House Buyers: Pros and Cons
Charleston House Buyers is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Charleston House Buyers Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Charleston House Buyers matches 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: Charleston House Buyers reviews say they close in as little as a week. However, their timeline is flexible, and they can close on a date suitable to you.
⛔ Charleston House Buyers Cons
Charleston House Buyers complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Charleston House Buyers 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 Charleston House Buyers, 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 Area: This cash buyer caters primarily to home sellers in South Carolina.
Best Alternatives to Charleston House Buyers
Even if you want to sell your house fast for cash, look for some alternatives better than Charleston House Buyers. 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.
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Frequently Asked Questions About Charleston House Buyers
1. Is Charleston House Buyers legit?
Yes, Charleston House Buyers is a legitimate company that buys houses for cash in South Carolina.
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