✏️ 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.
Omaha Homes for Cash purchases distressed properties as is without any service fees. You save thousands of dollars in repair costs when you sell to Omaha Homes for Cash.
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Pros
- Omaha Homes for Cash extends cash offers in 24 to 48 hours
- They don't have strict eligibility criteria when purchasing homes
Cons
- Omaha Homes for Cash may give you just 50% to 70% of your home's value
- You may not have a lot of wiggle room to negotiate this offer
Omaha Homes for Cash cash offers on homes as-is. They provide a quick closing timeline that helps sellers who need money urgently.
However, when you sell your home to omahahomesforcash.com, you’re compromising on the sale price of your home. You are settling for an offer that is just 50% to 70% of your property’s Fair Market Value.
An MLS listing on a cash buyer marketplace like Houzeo can get you 100% of your property’s value. With Houzeo, your listing can be on the MLS within 24 hours. Moreover, you can compare offers from multiple national and local cash buyers, instead of settling for just one lowball offer.
In this blog, let’s look at Omaha Homes for Cash reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: You can offload your distressed property easily with Omaha Homes for Cash. Unlike iBuyers, they don’t have strict eligibility criteria.
- Cons: Omaha Homes for Cash may extend an offer that is just 50% to 70% of your home’s Fair Market Value. Further, you may not be able to negotiate a higher offer.
- Our Take: We don’t recommend Omaha Homes for Cash as you won’t get top dollar for your property. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Omaha Homes for Cash.
What is Omaha Homes for Cash?
Omaha Homes for Cash is a traditional “We Buy Houses for Cash” company. They buy houses as is, repair them, and sell them for a profit.
Omaha Homes for Cash primarily caters to home sellers who need to sell their properties quickly. Hence, they extend offers on the phone or they can even visit your home and give you the offer in person.
What Types of Properties Does Omaha Homes for Cash Purchase?
Omaha Homes for Cash it 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 Omaha Homes for Cash.
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.
» 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.
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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 Omaha Homes for Cash.
Omaha Homes for Cash vs. Houzeo
Selling to Omaha Homes for Cash 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.
| Omaha Homes for Cash | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 5 stars (56 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 10 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.
Omaha Homes for Cash: Pros and Cons
Omaha Homes for Cash it is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅Omaha Homes for Cash Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Omaha Homes for Cash reviews match 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: Omaha Homes for Cash reviews say they have a flexible closing timeline. So, you can move out at your convenience.
- No Service Fees: This cash buyer doesn’t charge any service fee when you sell your house to them. You save money while enjoying the convenience of a quick sale.
⛔Omaha Homes for Cash Cons
Omaha Homes for Cash Reviews complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Omaha Homes for Cash 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 Omaha Homes for Cash, you don’t 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: Omaha Homes for Cash caters to sellers in Nebraska.
Best Alternatives to omahahomesforcash.com
Even if you want to sell your house fast for cash, look for some alternatives better than Omaha Homes for Cash. 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 Omaha Homes for Cash
1. Is Omaha Homes for Cash legit?
Yes. Omaha Homes for Cash is a legitimate company that buys houses for cash in Nebraska.
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