4.8
Editor's Rating (94 Reviews)0
User Rating (0 Reviews)Gordon Buys Homes is a local cash home buyer. They are based in San Diego but operate throughout Southern California. They purchase homes in any condition, including distressed properties. They also help you save thousands of dollars in repair costs.
Pros
- Gordon Buys Homes extends cash offers within 24 to 48 hours.
- They don't have strict eligibility criteria when purchasing homes.
- You don’t have to worry about title and escrow fees.
Cons
- You may get only 50% to 70% of your home's Fair Market Value.
- You may have little to no chance to negotiate their cash offer.
- Their service area is primarily in Southern California.
Gordon Buys Homes is a home-buying company that makes fast cash offers. They buy houses in any condition without strict eligibility criteria. They also help you avoid Realtor commissions and closing costs. With them, you can close the deal in as little as seven days.
However, this convenience comes at a cost. Like most cash home buyers, Gordon Buys Homes may offer just 50% to 70% of your property’s Fair Market Value. Additionally, you may have limited scope to get the best price for your home.
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✍️ Editor’s Take: We recommend selling with Houzeo. As America’s #1 cash buyer marketplace, Houzeo connects you with nationwide investors and buyers. Your home gets maximum exposure and attracts multiple cash offers. Compare Gordon Buys Homes vs. Houzeo.
Is Gordon Buys Homes Legit?
Yes, Gordon Buys Homes is a legitimate company based in San Diego, California. The company has been in business since 2012. Tim Gordon is the founder of Gordon Buys Homes.
The company operates under Gordon Enterprises, which is owned by Tim and Sara Gordon. Additionally, they are present on Yelp, but they lack credible reviews on this platform.
How Does Gordon Buys Homes Work?
Gordon Buys Homes buys distressed homes at a discount, renovates them, and sells them for a profit. Here’s how you can sell your home to them:
- Fill Out the Secure Form: Enter your property address, name, phone number, and email. Provide details about your home’s condition and occupancy status.
- Receive a No-Obligation Cash Offer: A representative will contact you to discuss your home. They will then make a cash offer over the phone or in person.
- Close the Deal on Your Timeline: If you accept the offer, their representative will handle all the paperwork. You can close in as little as 7 days or choose a later date.
Types of Properties Gordon Buys Homes Purchases
Gordon Buys Homes 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, Gordon Buys Homes may offer significantly lower prices. To safeguard your financial interests, consider listing on a cash buyer marketplace like Houzeo. This allows you to compare multiple offers and select the best one.
How Much Does Gordon Buys Homes Offer?
This totally depends on the condition of your home. For example, after evaluation, if your property’s Fair Market Value is $500,000, you might receive an offer between $250,000 to $350,000. In contrast, with Houzeo, you can get multiple offers and choose the highest and best one.
Gordon Buys Homes Reviews: Coverage
Gordon Buys Homes offers their services in Southern California. They have a strong presence in San Diego.
Gordon Buys Homes Reviews
Gordon Buys Homes has a 4.8 out of 5-star rating on Google. This rating comes from 94 customer reviews.
Gordon Buys Homes Positive Reviews
✅ Dragan Vasic praised the company’s representative for their professionalism, expertise, and responsiveness during a real estate transaction.
My experience with Tim has been top notch. Rest assured, whatever your real estate needs are, Tim has you covered. Tim was the listing agent, and I was the buyer’s agent on a property in Oceanside. He made the transaction as smooth as possible. An expert in his field and flat out knows how to get the job done. He is professional, knowledgeable, and responsive. This is who you want to work with to ensure a successful transaction. Thanks again Tim for everything. I wish you continued success in the future.
Source: Google
✅ Carol Lane commended the company’s representative for their professionalism and clear explanations throughout the transaction.
Tim Gordon was amazing, professional, explained everything to me, reexplained when I needed to understand better. He was very transparent in the transaction. He touched bases with me periodically to make sure I knew where the transaction was in the process. Accommodated my special needs. The closing process was smooth like a “hot knife in butter”! The escrow company was very professional and efficient. If you go with Tim Gordon you’ll get the best price and the selling process will go like a dream. The sale closed on the date that I requested and I couldn’t be happier! Thank you Tim!!
Source: Google
Gordon Buys Homes Complaints
We found no substantial negative reviews about the company. However, we recommend keeping an eye on customer feedback. This can give you better insight into the house selling experience with Gordon Buys Homes.
Gordon Buys Homes Pros and Cons
Gordon Buys Homes is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Gordon Buys Homes Pros
- Buy As Is Houses: Gordon Buys Homes purchases homes as is. So, even if your property is facing foreclosure or needs heavy repairs, you may still get a cash offer.
- Quick Closing: Gordon Buys Homes reviews indicate that they close in as little as seven days. However, their timeline is flexible and can be adjusted to match your preferred closing date.
❌ Gordon Buys Homes Cons
- Lowball Cash Offers: GordonBuysHomes.com views your house as an investment opportunity. So, your offer price may be lower than the market price of your property.
- Little to No Scope for Negotiation: With cash home buyers like Gordon Buys Homes, you may not have the option to negotiate their cash offer.
- Limited Coverage: Gordon Buys Homes operates in San Diego, Southern California. However, sellers outside Southern California may miss out on their services.
Gordon Buys Homes Competitors
» Jump to: Gordon Buys Homes vs. Houzeo | Gordon Buys Homes vs. Opendoor | Gordon Buys Homes vs. HomeVestors
1. Gordon Buys Homes vs. Houzeo
If you sell to Gordon Buys Homes, you can avoid repair costs and close the deal faster. However, this convenience comes at the cost of a lower sale price. This means you may receive only 50% to 70% of your home’s value.
In contrast, Houzeo’s affordable plans offer advanced technology to attract the highest and best offers. Plus, you can negotiate and counter offers to secure a deal that aligns with your expectations.
| Features | Gordon Buys Homes | Houzeo |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Best offers! |
| Customer Rating | 4.8 stars (94 reviews) | 4.9 stars (10,426 reviews) |
| Closing Timeline | 7 to 30 days | 2 to 60 days |
| Fees | ❌ | $199 onwards |
| Closing Costs | ❌ | 0.5% to 1.25% |
| Scope for Negotiation | ❌ | ✅ |
| Contract Review | ❌ | ✅ |
| Mobile App | ❌ | ✅ |
2. Gordon Buys Homes vs. Opendoor
Gordon Buys Homes offers lower prices but does not charge any service fees or closing costs. In contrast, Opendoor deducts a 5% service fee, along with closing and repair costs, which can further reduce your final payout. This makes Gordon Buys Homes a more cost-effective option upfront.
3. Gordon Buys Homes vs. HomeVestors
Gordon Buys Homes provides consistent service as it operates under a single entity. On the other hand, HomeVestors follows a franchise model, leading to inconsistent service quality across different locations. This lack of uniformity can affect the overall selling experience.
“We Buy Houses for Cash” Companies Near You
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.
Is Gordon Buys Homes Worth It?
Yes, you can sell your property to Gordon Buys Homes, but you won’t receive the Fair Market Value for your house. Additionally, you won’t have the option to negotiate your home’s worth, as there is only one buyer.
If you choose Houzeo, you may receive the best offer on your property. With Houzeo’s 5-star customer support and stellar technology, you can easily manage multiple cash offers. Plus, you’ll have the opportunity to select the highest and best offer.
» Houzeo Reviews: Still not convinced? Read what customers have to say about Houzeo.
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