✏️ 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.
Cream City Home Buyer purchases homes as is in Milwaukee. They don't have strict eligibility criteria for the homes they buy and even purchase distressed houses.
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Pros
- Cream City Home Buyer makes cash offers in 24 to 48 hours
- They have a quick and flexible closing timeline so you can move out at your convenience
Cons
- Cream City Home Buyers extends offers that are just 50% to 70% of your home's FMV
- This cash buyer has a limited coverage area
Cream City Home Buyers is a Milwaukee real estate company that pays cash for homes. They have a flexible closing timeline that helps sellers who want to move out of their houses quickly.
However, this cash buyer may give you a lowball cash offer that is just 50% to 70% of your property’s value.
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 Cream City Home Buyers reviews and alternatives to see if you can get a better deal for your home.
Key Takeaways
- Pros: Cream City Home Buyers purchases distressed properties in any condition. Unlike iBuyers, they don’t have strict eligibility criteria when purchasing homes.
- Cons: This cash buyer has a limited coverage area, operating primarily in Milwaukee. Further you may lose around 30% to 50% of your property’s value.
- Our Take: We don’t recommend Cream City Home 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. Cream City Home Buyers.
What is Cream City Home Buyers?
Cream City Home Buyers is a traditional “We Buy Houses for Cash” that operates in Milwaukee. They buy distressed houses for cash at a discount, renovate them, and then sell them for a profit.
If you’re in urgent need of money or need to move out quickly, this cash buyer can close on your property within two weeks.
What Types of Properties Does Cream City Home Buyers Purchase?
Cream City Home 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 Cream City Home 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.
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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 Cream City Home Buyers.
Cream City Home Buyers vs. Houzeo
Selling to Cream City Home 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.
| Cream City Home Buyers | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 5 stars (33 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.
Cream City Home Buyers: Pros and Cons
Cream City Home Buyers is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Cream City Home Buyers Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Cream City Home 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: Cream City Home Buyers 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.
⛔ Cream City Home Buyers Cons
Cream City Home Buyers complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Cream City Home 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 Cream City Home 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: This cash buyer caters to home sellers in Milwaukee.
Best Alternatives to Cream City Home Buyers
Even if you want to sell your house fast for cash, look for some alternatives better than Cream City Home 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 Cream City Home Buyers
1. Is Cream City Home Buyers legit?
Yes, Cream City Home Buyers is a legitimate company founded in 2015. They buy houses for cash in Milwaukee.
Companies That Buy Houses for Cash Near Me 🔍
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