Maximum Cash Home Buyers Reviews (2024 Update)

Maximum Cash Home Buyers is a cash-for-houses company. They cater to home sellers who are on a time crunch. They buy distressed houses as is, saving you repair costs.

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5.0

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Pros

• Extends an offer in 24 to 48 hours
• Closes on the home at your convenience
• No mortgage or appraisal contingency

Cons

• Offers only 50% to 70% of your home's FMV
• Little to no scope of negotiation
• Limited coverage

Maximum Cash Home Buyers is a traditional “We Buy Houses for Cash” company. You can sell a distressed house as is to them. They provide a quick closing timeline to help sellers who need money urgently.

Cash buyers usually offer 70% of the after-repair value of your house. Maximum Cash Home Buyers don’t disclose anything about their offer amount. However, their offers are in line with the standard industry practice.

You can request an offer from Maximum Cash Home Buyers to get an offer estimate. And if you don’t like the offer, you can walk away. However, to maximize your property’s value, list it on a cash buyer marketplace to attract multiple offers and get the best deal.

✍️ Editor’s Take: We recommend you list your home on the cash buyer marketplace Houzeo. A marketplace creates a bidding war, so you can secure the highest possible value for your property. Compare Maximum Cash Home Buyers vs. Houzeo.

Is Maximum Cash Home Buyers Legit?

Yes, Maximum Cash Home Buyers is a legitimate cash-for-homes company. They are headquartered in Marietta, Georgia. The company was established in 2017 by Chris Burrow. They have been accredited with BBB since July 2023 and have an A+ rating on the platform.

Maximum Cash Home Buyers have an impressive rating on Google. Most customers praise the quick closing timeline of the company.

Types of Properties They Purchase

Maximum Cash Home Buyers purchase all types of properties, including single-family homes, 2-family homes, apartment buildings, commercial property, and vacant lands. The company buys commercial properties as well as hard-to-sell properties, like:

• Inherited properties
• Homes with structural damages
• Rental properties with tiresome tenants
• Houses facing foreclosure

Maximum Cash Home Buyers Coverage

Maximum Cash Home Buyers is available in 30 markets in Georgia.

How Does Maximum Cash Home Buyers Work?

Here’s how you can sell to Maximum Cash Home Buyers:

• Contact the Company: You can contact them through maximumcashhomebuyers.com. Their representative will schedule a home walkthrough upon your inquiry.
• Get an Offer: Once their representatives visit the property, they extend the offer within 24 hours.
• Review Your Offer: When you get an offer, you have 3 days to review it. However, you are under no obligation to accept it. So, if the offer doesn’t meet your expectations, you can walk away.
• Close on the House: If you accept the deal, they promise to close within 3-7 days. However, you can choose the closing dates at your convenience.

Maximum Cash Home Buyers, you don’t have to pay any commissions or closing costs. If you sell through an agent, you pay up to 10% of the home’s sale price.

How Much Does Maximum Cash Home Buyers Pay?

Cash buyers often use the “70% rule” to calculate their offers. So, you can expect no more than 70% of the after-repair value of your home. You can estimate the offer using this formula:

Maximum Offer = ARV × 0.7 − Cost of Repairs

For a $450,000 home, the offer could range between $225,000 and $315,000.

The offer is influenced by various factors including the current market conditions, local real estate trends, and seasonal variations. For example, nearby development projects may boost the offer you get, while rising crime rates could lower it.

» 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.

Maximum Cash Home Buyers Reviews

Maximum Cash Home Buyers has a 5 out of 5-star rating on Google based on 58 reviews. Let’s see what their customers have to say about them.

Maximum Cash Home Buyers Positive Reviews

✅ Phillis expressed satisfaction with Maximum Cash Home Buyers’ services. He noted their flexible closing timeline and invaluable assistance in resolving a lien issue.

✅ Joe expressed gratitude for the team at Maximum Cash Home Buyers amidst the overwhelming pressure of foreclosure. He emphasized their reassurance and efficient assistance during the process.

Maximum Cash Home Buyers Negative Reviews

Maximum Cash Home Buyers don’t have any negative reviews on credible review websites.

Pros and Cons

Here are the pros and cons of Maximum Cash Home Buyers:

👍 Pros

• Hassle-Free Sale: As Maximum Cash Home Buyers buy houses as is, the entire home selling process becomes easy.
• Quick Closing: Maximum Cash Home Buyers claim to close on the house within 3-7 days.
• No Commissions: Maximum Cash Home Buyers don’t charge agent commission or any other closing costs.
• No Financial Contingencies: Cash buyers don’t rely on mortgage approvals. This minimizes the uncertainties associated with loan approvals.

👎 Cons

• Lowball Cash Offers: Maximum Cash Home Buyers view your house as an investment opportunity. So, your offer price can be much lower than the market price of your property.
• No Scope for Negotiation: With cash-for-homes companies like Maximum Cash Home Buyers, you don’t have room to negotiate your cash offer.
• Limited Coverage: Maximum Cash Home Buyers operates only in 30 markets of Georgia.

Maximum Cash Home Buyers Competitors

» Jump to: Maximum Cash Home Buyers vs. Houzeo | Maximum Cash Home Buyers vs. HomeVestors | Maximum Cash Home Buyers vs. Opendoor

Here are 3 alternative Georgia-based cash home buyers you can consider:

1. Maximum Cash Home Buyers vs. Houzeo

Maximum Cash Home Buyers gives you 1 non-negotiable offer. Whereas, Houzeo is a cash buyer marketplace that lists your home on the MLS. This helps you market your property to a wide pool of buyers. You can get an offer closer to the FMV of your home.

With Houzeo, you also get a chance to showcase your property to home buyers who can buy your home for 100% FMV. Moreover, Houzeo’s tech and mobile app help you sell easily and effectively.

2. Maximum Cash Home Buyers vs. Homevestors

HomeVestors is a network of investors. They purchase properties as is and extend cash offers. Their investors typically offer between 50% to 70% of your home’s value, which is similar to the offers made by Maximum Cash Home Buyers.

Maximum Cash Home Buyers is only available in some markets of Georgia. On the other hand, HomeVestors operates in 47 states and DC. So, if you want to sell in an area where Maximum Cash Home Buyers isn’t available, HomeVestors could be a viable alternative.

3. Maximum Cash Home Buyers vs. Opendoor

Maximum Cash Home Buyers is a cash buyer. On the other hand, Opendoor is an iBuyer. Opendoor offers around 70% to 80% of your home’s worth. Moreover, they claim to close on the house in 8 days. This is perfect for sellers on a time crunch.

However, Opendoor’s home purchase criteria are stringent. If your property needs repairs, you won’t be able to work with them. Moreover, you also have to pay a 5% service fee which you can save with Maximum Cash Home Buyers.

Companies That Buy Houses for Cash Near Me 🔎

Other Options You Should Consider

• Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. As one-third of home buyers pay in cash, you can get 100% FMV of your house in cash by selling FSBO.
• Sell Through a Realtor: Traditional Realtors list your property on the MLS and help you at every step of home selling. However, you have to pay them 3% of the home’s sale price for this convenience.
• Sell Through Discount Realtors: Discount real estate brokers reduce their commissions to offer affordable services. Their commission

Is Maximum Cash Home Buyers Worth It?

Maximum Cash Home Buyers is a good option if you are in a rush and want to sell your home quickly. It works great, especially if you are planning to move or want to avoid foreclosure. However, you might incur a loss on your home’s equity.

If you don’t want to compromise thousands of dollars, you should list your home on the MLS. An MLS listing gives you wide exposure to cash buyers, which means a better offer on your home. And the best way to do it is with an FFM company like Houzeo.

With Houzeo, you can get listed for a nominal flat fee. Top cash buyers extend offers on Houzeo’s MLS listings. So, you can compare offers and grab the best deal. Moreover, you can also get a non-contingent cash offer from buyers with 100% FMV of your house.

» Houzeo Reviews: See how Houzeo has helped more than 7,000 home sellers get top dollar for their homes.

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