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 Diamond 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 Delaware
1. Houzeo.com: Delaware’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 Delaware’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. Morgan Home Solutions
LOCAL CASH BUYER
Service Fee: NoneMorgan Home Solutions is a Delaware and Wilmington-based real estate investment company. After inspecting the property, they make an offer and buy houses in as-is condition.
- Service Fee: None
- Typical Offer: You may get 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Morgan Home Solutions offers cash for houses in any condition or situation, including fire-damaged and inherited properties.
- Closing Offer Terms: The company can offer you cash for homes that close in 2 weeks.
- Instant Cash Offers: You will get a no-obligation preliminary cash offer within 24 hours!
- Flexible Closing: You can close in as little as two weeks or at any date of your choice.
- Sell As-Is: Leave the Key Homebuyers help you avoid the hassle of making repairs and you can sell your house as-is.
- Limited Coverage: Morgan Home Solutions buys houses primarily in Delaware, Maryland, Pennsylvania, and New Jersey.
- Low ball Cash Offers: Leave the Key Home Buyers will not offer you more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
Morgan Home Solutions has 5 out of 5 stars from 70+ reviews on Google.
» Morgan Home Solutions Reviews: Know why it is not the best way to sell with Morgan Home Solutions in 2023.
👉 Our Take: If you are looking to sell your home in as-is condition at below-fair market value with limited coverage, Morgan Home Solutions is for you.
3. 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 has a broad scope when it comes to the types of properties they are willing to purchase. They purchase homes in any condition, regardless of age or location, from single-family homes to multi-unit buildings. A fair price for sellers’ properties is guaranteed by their dedication to transparency.
4. HomeVestors
NATIONAL CASH BUYER
Service Fee: NoneHomeVestors is a nationwide network of real estate investors that operates independently. This company is the parent brand of We Buy Ugly Houses.
- Typical Offer: You may get 50% to 70% of the Fair Market Value (FMV).
- Eligible Properties: HomeVestors buys properties that require structural repairs or are move-in ready. This includes townhomes, condos, multi-tenant properties, mobile/manufactured homes, and more.
- Closing Offer Terms: HomeVestors offers a flexible closing date and can sometimes close in as little as 30 days.
- Service Fee: None.
Here are some of the benefits that you get with HomeVestors:
- Fast Cash for Distressed Homes: HomeVestors investors make fast cash offers, regardless of your property’s condition. The initial offer is based on comparable properties in the area and housing market trends.
- Near Nationwide Coverage: HomeVestors has 1,000 independently owned franchisee offices in 45 states.
- Zero Service Fees: HomeVestors doesn’t charge any service fee when you sell your property for cash.
In our research, we have found certain drawbacks of HomeVestors:
- Lowball Cash Offers: HomeVestors may extend an offer that is below your home’s Fair Market Value. This is lower than what you could get on the open market.
- Inconsistent Quality of Service: With HomeVestors, your house is sold to a local investor. The service quality will differ based on that investor’s franchisee.
- Aggressive Marketing: Once you show interest in the services of HomeVestors, they may be harrassed with endless mails, calls, and in-person visits.
HomeVestors has 1.44 out of 5 stars with 30+ reviews on Better Business Bureau.
HomeVestors Reviews: Read this review to get an idea of how the franchise-based model of the company works.
HomeVestors is the biggest cash home buyer franchisor in the U.S., with over 800 offices nationwide. The company also owns the “We Buy Ugly Houses” brand.
Each HomeVestors office is independently owned and operated by a local real estate investor. It typically offers 50% to 70% of the fair market value. They may also deduct the cost of repairs at closing.
5. Express Homebuyers
As-Is Cash Home Buyer Network
Service Fee: NoneExpress 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 specializes in inherited houses, homes sold after divorce, foreclosure properties, rental properties, and more.
- Closing Offer Terms: While they usually close within 2 to 4 weeks, they have a flexible closing timeline and can buy your home at your convenience.
- Flexible Closing Date: Closing dates can be finalized as per the home seller’s 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.
- Poor Customer Support: Previous clients have complained about their lack of communication and half-hearted responses.
- Non-Negotiable Offer: Your house will receive a non-negotiable cash 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 150+ reviews on Google Reviews.
» Express Homebuyers Reviews: Is there no service fee?
Express Home Buyers is a cash-buying company with nearly 2 decades of experience. It is headquartered in Springfield, VA, and offers its services in Virginia, California, Maryland, and DC.
However, they have poor customer support, which can delay your sale.
Are Companies That Buy Houses for Cash in Delaware 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 DE. However, be sure to read company reviews and seller testimonials to find a legitimate cash buyer.
3 Types of Companies That Buy Homes in Delaware
- 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 Delaware
Not sure how to sell your home for cash in Delaware? 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 Delaware Pay?
Delaware 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 $343,400 home in Delaware. With a traditional cash home buyer, you could get just $240,380. 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% | $240,380 |
| iBuyer | 5% | 80% | $274,720 |
| Houzeo | $199* | Up to 100% | $343,201 |
» Houzeo Reviews: Find out why Houzeo is Delaware’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Delaware
Given that more sellers are opting for cash buyers in Delaware, 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 Delaware 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: Delaware 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 Delaware. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams 🚩
If any Delaware 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 Delaware
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Delaware 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. Delaware 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 Delaware charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Delaware?
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.
