4.2
Editor's Rating1
User Rating (1 Reviews)Grandview Homes is a cash buyer that specializes in distressed properties. They cater to sellers who need a quick sale. Additionally, you avoid the hefty 3% Realtor commission with them.
Pros
- You can close the deal within 10 days.
- You pay no repair costs.
- You can sell any type of property to them.
- You can sell from anywhere in the US.
Cons
- You may just get 50% - 70% of your home's FMV.
- You might not be able to negotiate the best offer.
- They provide average customer service.
Grandview Homes is a cash home buyer. They purchase properties as-is in as little as 10 days or on your preferred date. Furthermore, they charge no agent and closing fee. This makes your home sale an almost zero-cost process.
However, this hassle-free approach comes with a significant trade-off. Grandview Homes might not offer the best value for your house. Like most cash buyers, they might also provide 50%-70% of your home’s FMV. This can decrease your home’s equity.
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✍️ Editor’s Take: We recommend listing your home on the MLS via Houzeo. Houzeo’s tech-centric platform helps you manage multiple offers. As a result, you can request the highest and the best offer without any manual comparison. Compare Grandview Homes vs. Houzeo.
Is Grandview Homes Legit?
Yes, Grandview Homes LLC is a legitimate cash buyer company founded in 2009 by Ken Bernhard and Tom Detelich. Their vision is to offer a smooth experience to homeowners who want to sell distressed or hard-to-sell properties.
Grandview Homes is recognized on trusted platforms like BBB and Google. They are BBB-accredited and hold an A+ rating, reflecting their strong reputation.
How Does Grandview Homes Work?
Grandview Homes operates on a house-flipping model. They generate their revenue by acquiring properties at discounted rates. They repair or renovate these houses and sell them for a profit.
Here is the process of selling with Grandview Homes:
- Schedule a Visit: Fill out a form with your property details and contact information. Click on the “Fair Cash Offers in 24 Hours” button to request the form.
- Home Inspection: An agent from Grandview Homes will visit your property at the scheduled time and inspect the house.
- Get an Offer: Grandview Homes typically extends an offer within 24 hours of the visit. If you wish to accept the offer, they will send you the contract on the same day.
You’ll receive $10,000 upfront upon offer acceptance. You can close the deal within 10 days or ask them to close on a date convenient to you.
Grandview Homes Coverage
Grandview Homes offers services all over the US. So, you can sell from anywhere you want.
How Much Does Grandview Homes Pay?
Based on industry standards and our analysis, Grandview Homes’ offer prices vary. Your offer will likely fall between 50% and 70% of your home’s market value.
For example, if your home’s fair market value is $300,000, Grandview Homes’ offer could range between $150,000 and $210,000.
The extended offer range is based on multiple factors. These include recent sale prices of similar homes in your area, local market data, detailed property research, and home inspection.
Grandview Homes LLC Reviews
Grandview Homes has a 4.2 out of 5-star rating on Google based on 145 reviews. They also hold a 4.91 out of 5-star rating on BBB from 99 customer reviews.
Many customers praise Grandview Homes for their smooth selling process. However, some reviews mention lowball offers and delays in closing.
Here are some noteworthy real-life Grandview Homes complaints and praises:
Grandview Homes Reviews: Praises
✅ Diane Malzahn appreciated a smooth selling experience with Grandview Homes. They were pleased with the fair offer and the flexibility in extending the closing date.
I had a very nice experience selling my brother’s condo. It needed lots of work to repair and remodel. They offered a very fair price. They were very accommodating about extending the closing date due to lots of rules imposed by the Homeowner’s Association. Very pleased with the whole process.
Source: Google
✅ Alex Wiertelak praised Grandview Homes for their prompt response and guidance. They appreciated the fair offer despite the home’s condition and would work with them again.
My sister needed to sell her house after the passing of her husband and her own heath issues. The people at Grandview Homes got back to her right away and did a fantastic job of walking her through the process of selling her house. With the work and cleaning needed, they gave her a very fair price for the house! I definitely would use them again!
Source: Google
Grandview Homes Reviews: Complaints
❌ Frank R was frustrated with a 52% offer. They felt the offer was unfair given their home’s good condition.
Our experience was disquieting… on one hand we begin with the home reviewer saying our home is a NICE home… then we get a 52% of *** offer… the insult then comes: later we receive from Grandview Grandview’s ad showing it offered 82% of *** to a home… and we were only getting 52%? We were not a time-stressed-sale situation; our home was not distressed… so ** could have made headway into a new business model and new market niche, but it chose otherwise.
Source: BBB
❌ Mark Mal couldn’t reach an agreement with Grandview Homes and was glad they didn’t sell. They later found a local investor who offered a better price.
I needed to sell a house in Chicago quickly and we simply couldn’t get to an agreement. I’m happy I didn’t sell because later I found a local investor ( Home Target Realty) based in Chicago who offered more money.
Source: Google
Grandview Homes Pros and Cons
Here are the pros and cons of Grandview Homes.
✅ Pros
- Quick Closing: Grandview Homes closes on the property within 10 days.
- Flexible Timeline: You can choose a closing date that is convenient to you.
- Hassle-Free Process: Grandview Homes allows you to sell your home fast without any repairs.
- No Closing and Agent Fee: You do not have to pay any closing or agent fees. As a result, your selling costs are negligible.
- Nationwide Coverage: Grandview Homes provides cash offers in 50 states and DC. As a result, you can use their services from anywhere.
❌ Cons
- Lowball Offers: According to some Grandview Homes reviews, some customers felt they did not get the best offer for their property.
- No Scope of Negotiation: With Grandview Homes, you can’t negotiate to get a better offer.
- Additional Fees: You have to pay $500 attorney fees at closing.
Competitors
» Jump to: Grandview Homes vs. Houzeo | Grandview Homes vs. HomeVestors | Grandview Homes vs. Offerpad
1. Grandview Homes vs. Houzeo
Grandview Homes is a cash buyer. Like most cash buyers, they would offer you up to 50%-70% of your home’s FMV. As a result, you might lose out on a significant portion of your home’s equity.
On the other hand, an MLS listing with Houzeo gives you wide exposure to multiple cash buyers. You can use Houzeo’s cutting-edge technology to compare offers and request the highest and best one.
| Grandview Homes | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.2 stars (145 reviews) | 4.9 stars (10,000+ reviews) |
| Closing Timeline | 10 to 30 days | 2 to 60 days |
| Fees | ❌ | $199 onwards |
| Scope for Negotiation | ❌ | ✅ |
| Compare Offers | ❌ | ✅ |
| Highest and Best Offer | ❌ | ✅ |
2. Grandview Homes vs. HomeVestors
Grandview Homes’ main goal is to help you sell your home as soon as possible. As a result, you get a lower percentage of your home’s FMV.
HomeVestors also has a similar business model to Grandview Homes. However, they refer you to a third-party broker in some states. As a result, your selling experience might be inconsistent.
3. Grandview Homes vs. Offerpad
Grandview Homes is a cash buyer. Like most cash buyers, they provide 50% to 70% of your home’s FMV. Furthermore, they purchase properties in any condition in as little as 10 days.
Offerpad, on the other hand, is an iBuyer and offers a better deal than Grandview Homes. They offer around 70% to 80% of your home’s potential value. However, Offerpad has stringent criteria for the properties they purchase.
“We Buy Houses for Cash” Companies Near You
There are other “We Buy Houses As Is” companies in the market. You can request offers from multiple cash companies and pick the one that suits you the best.
Is Grandview Homes a Good Option?
Yes, Grandview Homes is a good way to offload a distressed property. They can help you in various circumstances like foreclosure, inherited property, or issues with tenants. However, there are other ways to get a better deal.
The smartest way to sell is by listing your home on the MLS. The MLS gives your property maximum exposure, increasing your chances of getting multiple cash offers. It also helps you secure a better percentage of your home’s fair market value.
Houzeo helps you list your home on the MLS. They also let you compare offers and request the highest and best one. This gives you the chance to secure the best possible deal for your home.
» Houzeo Reviews: Check out why more than 10,000+ home sellers have rated Houzeo 4.9 stars out of 5 on Google and Trustpilot.
Frequently Asked Questions
1. Is Grandview Homes legit?
Yes, Grandview Homes is a legitimate cash buyer company that offers services in the US. The company was founded in 2009 by Tom Detelich and Ken Bernhard.
2. How does Grandview Homes work?
Grandview Homes purchases distressed properties from sellers who want a hassle-free selling process. Their primary work is to purchase these properties, repair or renovate them, and sell them for a profit. Learn more about how Grandview Homes works.
3. How much does Grandview Homes pay?
According to customer reviews of Grandview Homes, you could get 50% to 70% of the fair market value of your home. Their offer price depends on various factors including estimated repair costs and market conditions.
4. Who owns Grandview Homes?
Grandview Homes is owned by Tom Detelich and Ken Bernhard. They established this company in 2009 to eliminate the challenges of selling hard-to-sell homes. Read Grandview Homes reviews to learn more.
5. How to get the best cash offer?
To get the best cash offer, you should compare offers from multiple cash buyers. A smart way to do this is by listing your property on the MLS with Houzeo.
For a nominal fee, you can get your property on the MLS and attract multiple local and national cash buyers. You can then utilize Houzeo's technology to compare offers, counter offers, and select the highest and best offer.
For a nominal fee, you can get your property on the MLS and attract multiple local and national cash buyers. You can then utilize Houzeo's technology to compare offers, counter offers, and select the highest and best offer.
Reviews
(1 Reviews)
Christine Graffis
Verified Reviewer
Do your homework. They told me I could only get $30,000 for my home. A year later we accepted an offer for $145,000 with minimal repairs of less than a thousand dollars