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November 14, 2022 by Amy Beardsley Leave a Comment

Ben Buys Indy Houses Reviews: Should I Trust This ‘We Buy Houses’ Company?

Ben Buys Indy Houses logo

Ben Buys Indy Houses overview | Who it works best for | Reviews | Alternatives | FAQs

Ben Buys Indy Houses is a legitimate company that will buy your house for cash. It’s a solution for homeowners in the Indianapolis area who need to sell quickly (as few as seven days). Traditional home sales can take several weeks or months and require many administrative steps.

If you’re facing foreclosure, divorce, landlord burnout or you’re selling an inherited home, Ben Buys Indy Houses might be a wise choice.

It’s possible to sell your property in as little as one week, but the offer you get will likely be well below fair market value. Accepting a smaller offer is a trade-off for skipping the time and hassle of selling the traditional way.

Before committing to Ben Buys Indy Houses or any other home-selling option, we recommend comparing all of your options first to make sure you aren’t leaving any money on the table.

Our friends at Clever Real Estate will match you with a local realtor who will field offers from the top cash buyers in your area. You’ll also get a free professional home valuation, so you can compare your cash offers to what your house is worth on the open market. Get cash offers from top local buyers now!

Ben Buys Indy Houses overview

Ben Buys Indy Houses is a legit company personally run by founder Ben Grise with his wife, Kortney. The company buys houses in the Indianapolis region and surrounding areas, including Muncie and Edinburgh.

CriteriaWBUH Data
📍 LocationGreater Indianapolis metro area
⏱️ Time to offerInstant
⌛ Time to close 7 days
✅ What customers loveFast sale, easy process, honest company
❌ Common complaintsLow offers and unwanted calls

How it works:

  1. Contact the company to set up a time to meet at your home.
  2. Ben Grise can make you a cash offer on the spot.
  3. If you accept the offer, you’ll sign the paperwork at a title office.
  4. At closing, you’ll get a check you can deposit at the bank immediately.

Is Ben Buys Indy Houses a ripoff?

You shouldn’t expect full market value for your homes, but cash buyers aren’t a ripoff. To make a profit, companies like Ben Buys Indy Houses might apply the 70% ARV rule.

What’s the 70% ARV rule?

The offer should be no more than 70% of the home’s after-repair value, minus the cost of renovations. So your offer is likely to be between 50% and 70% percent of your home’s after-repair value.

In other words, a home that’s worth $300,000 post-repairs might only sell for $210,000 (or less) to a cash home buyer.

Want to get more money for your home? We highly recommend getting multiple offers so you can compare your options and net the highest price possible.

Clever can connect you to a local realtor to help you determine how much you’d make selling to Ben Grise vs. your other options.

Ben Buys Indy Houses reviews

Ben Buys Indy Houses is accredited by the Better Business Bureau (BBB) and has an A+ rating. Reviews are mostly positive, with a few negative outliers on BBB and Yelp. However, the overwhelming majority of consumers that left reviews were happy with their experience.

Average Rating (0 - 5)Total Reviews
Weighted avg.4.44169
Google4.7107
Facebook3.950
BBB13
Yelp29

Many of the Ben Buys Indy Houses reviews note the straightforward process and convenience.

Negative Yelp reviews consist mainly of people unhappy with too-low offers and unwanted sales pitches. Ben Grise responded to one such review, saying, “We send out thousands of pieces of mail every month,” and asked the consumer to contact him to be removed from the mailing list.

Who Ben Buys Indy Houses works best for

The company works best for home sellers who don’t mind accepting a lower offer for the convenience of a quick turnaround.

Indy-area homeowners looking to sell a house fast

Skipping all the steps involved in using a realtor is one of the biggest pros to choosing a cash-buying company like Ben Buys Indy Houses. A traditional sale where you wait for offers and home inspections can take a very long time — the average time to close is 50 days.

On the other hand, Ben Buys Indy Houses can close on your home in as little as seven days. It’s an appealing option for homeowners in a hurry to sell a house in Indiana. Selling a home with code violations, inheriting an unwanted property, finding yourself in financial trouble, or last-minute relocation are a few reasons to turn to this company.

Sellers who don’t want to (or can’t afford to) make repairs 

If your house is in poor condition, you may want to sell your home to avoid costly or involved repairs. In this case, your house might not pass the home inspections that go along with a traditional sale through a realtor.

The company purchases properties that need repair, making the process much easier for the seller. Houses that are not up to code, need major repairs, or could use updating are all considered by this company. 

Homes in bad shape will receive lower offers. If you keep in mind the 70% ARV rule cash-buying companies consider, you won’t be blown away by an offer below market value.

Ben Buys Indy Houses alternatives

Ben’s company is not the only choice for selling your home in Indiana on a tight timeline.

Other ‘We Buy Houses for Cash’ companies

Some companies purchasing homes around Indianapolis for cash provide offers within 24 hours. Some popular options:

  • Simple Quarters
  • Express Homebuyers
  • Christopher Ellyn Homes 

We recommend getting quotes from each of these companies so you have a good benchmark to compare your offer from Ben Buys Houses.

iBuyers

If your home is in decent shape, consider an iBuyer. An iBuyer can offer cash payments for houses when homeowners need to sell quickly.

You’ll likely get a higher price for your house with an iBuyer. But there are many homes iBuyers won’t purchase. For example, if your home needs hefty repairs or was built before 1930, selling to an iBuyer may not be an option.

Discount brokers

Using a discount broker is often the best option to sell your house if time is on your side. The sale isn’t likely to close within seven days, but you could walk away with much more money.

You’ll also benefit from having an experienced real estate agent to consult. You get access to the same service you’d expect from a traditional agent, but you’ll save on realtor commission.

Ben Buys Indy Houses FAQs

Are Ben Buys Indy Houses reviews positive or negative?

Most Ben Buys Indy Houses reviews are positive. Customers praised the simple process when needing to relocate, while others appreciated the ease of selling unwanted rental properties.

How do I sell an Indianapolis house fast?

You can contact a cash-buyer company like Ben Buys Indy Houses to sell your house fast in Indianapolis. You’ll get a cash offer for your home and can often close within a week. Learn more about Ben Buys Indy Houses and your alternatives.

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