What is Grandview Homes? | How it works | Are its offers fair? | Who it’s best for | Grandview Homes reviews | Alternatives | FAQs
Grandview Homes is a legitimate company that buys houses for cash in any condition. The company guarantees closing within 10 days of accepting an offer — much faster than the 30 to 60 days for a traditional sale.
Grandview Homes will likely offer you below fair market value for your home. But not having to cover the cost of repairs, inspection fees, and realtor fees could offset your low offer. It can be an excellent option for homes that need repairs or might be difficult to sell in the open market.
Before committing to Grandview Homes or another real estate service, we recommend comparing all your options first, including cash buyers and discount real estate brokers.
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!
What is Grandview Homes and is it legit?
Grandview Homes serves home sellers in the Greater Chicago or Milwaukee areas. Sellers facing a difficult situation — like divorce, death, sickness, or an inability to handle the costs of homeownership — could benefit by selling fast to a cash buyer.
Sellers have seen their fair share of real estate scams, but Grandview Homes is legit.
The company was founded in 2009 by Ken Bernhard and Tom Detelich, who recognized that selling a less-than-perfect home in trying circumstances poses challenges for home sellers, and they wanted to help.
How does Grandview Homes work?
Here’s a brief overview of how you can expect the process to play out:
- Call, email, or submit an online form to schedule a visit at the property for sale.
- Get a guaranteed cash offer in as little as 24 hours after the visit.
- Review the offer and choose a closing date.
- Close on the home sale as fast as seven days after accepting.
Unlike a traditional home sale, Grandview Homes requires no formal contingencies for home inspections, appraisals, or financing.
You can close the sale within a week or two after accepting an offer, or you can choose a longer time frame. Grandview Homes then pays you cash at closing — an average of 140 days earlier — with no realtor commission or closing costs.
Is Grandview Homes fair?
As with most cash buyers, selling to Grandview means you’ll likely take a loss on the property value, but you’ll be getting the convenience of a hassle-free sale in return. If you want to sell at the highest price, cash buyers generally aren’t your best option.
Grandview Homes typically pays 50–75% of a home’s fair market value. That’s a max of $225,000 on a home worth $300,000 — on par with most cash buyers.
The price you get will reflect your home’s condition and account for expenses like repairs, cleaning, home staging — all of which Grandview will cover. You also won’t charge any commissions or closing costs.
Cash sales — selling your home as-is for a lump sum — accounted for nearly a quarter of home purchases (24%) in August 2022, according to the Confidence Index Survey conducted by NAR.
» READ: Are Cash Offers Really Better? Here’s What Realtors Have to Say
Who Grandview Homes works best for
Consider Grandview Homes if you’re willing to sacrifice price for speed and certainty — no worrying about contingencies or other hiccups.
Homeowners looking to sell ASAP
If you’re relocating, getting a divorce, or offloading an inherited home, you can get cash for your home in as little as seven to 10 days, from start to finish. That’s much quicker than the typical two to three months it takes to sell on the open market.
Homes in bad condition
If you don’t have the time or money to make necessary repairs to your home before selling, Grandview Homes will still it, even if it has:
- Mold infestation or asbestos
- Foundation or structural problems
- Water or flood damage
- Fire damage
- Electrical or plumbing issues
- Outdated interiors
However, we still recommend comparing your offer from Grandview Homes with offers from other cash home buyers.
Our friends at Clever match you with top local agents from well-known brokerages, like Keller Williams and RE/MAX. You’ll find out what your home is truly worth and make sure you’re getting a fair price for your home.
Financially distressed properties
Grandview Homes offers a financial solution for people struggling to make mortgage payments and help to avoid foreclosure.
Grandview Homes reviews
The company has primarily positive reviews, and customers praise its communication, hassle-free process, and customer service. The company has an accredited A+ rating from the Better Business Bureau.
| Average rating (0 - 5) | Reviews | |
|---|---|---|
| Weighted avg. | 4.5 | 180 |
| 4.2 | 83 | |
| BBB | 4.84 | 97 |
Reviewers appreciate not having to prep the home before listing it (even in hoarding situations), and many reviewers mention being pleased with the price they got for their homes.
Negative reviews about Grandview Homes were few and far between. One reviewer said that closing was delayed a week due to slow paperwork. A few mentioned their dissatisfaction at receiving an offer below the home’s fair market value.
Grandview Homes alternatives
Grandview Homes can give you cash for your house, but it isn’t the only option if you’re looking for a quick sale.
Cash home buyers
If your house is in poor condition or you need to wrap up a sale quickly, companies that buy houses for cash can offer a great solution. Just make sure to shop offers from multiple cash buyers before accepting any.
With a cash buyer, you can close within three weeks — but the downside is your offer will likely be 25–50% less than your home’s fair market value.
iBuyers
Selling your home to an iBuyer is another option if you want a fast sale, though a closing date may take longer than with a cash buyer. However, iBuyers generally stick to houses in good condition and in specific market locations.
Low-commission realtors
Closing with a low-commission realtor will take longer than with cash buyers and iBuyers. But if you have a flexible timeline, the wait can pay off and get you a higher price for your home.
A service like Clever Real Estate can match you with a low-commission agent, which can save you tens of thousands of dollars on realtor fees — without sacrificing service or selling your property at a discount.
Grandview Homes FAQs
Is Grandview Homes legit?
Yes, Grandview Homes is a legitimate real estate company founded in 2009 by Ken Bernhard and Tom Detelich. The company buys houses for cash in any condition or situation. It currently serves home sellers in the Greater Chicago or Milwaukee areas.
How much does Grandview Homes pay for houses?
Grandview Homes generally pays 50–75% of a home’s fair market value. The offer you get factors in estimated expenses: repairs, maintenance, cleaning, and staging.
What are common Grandview Homes complaints?
The most common complaint about Grandview Homes was below-market offers. However, an offer of 50-75% of market value is typical with a cash buyer.
How does Grandview Homes work?
You’ll schedule a time for a Grandview Homes rep to visit your home, and you’ll get an offer as soon as 24 hours later. You can close on the sale within seven to ten days of accepting the offer.
Related reading
How Can I Sell My House Fast Without Losing Money? Need to sell your house fast? Here’s how to do it WITHOUT losing money or getting ripped off by a shady cash buyer.
What to Know Before Selling a House in Poor Condition: Our guide breaks down all your options for selling a house in poor condition, including the fastest ways to sell and how to get the best possible offer.
We Buy Houses Reviews: This company that buys houses for cash has a nationwide presence and has bought homes from more than one million customers. But does it cash buyer program make sense for you? Find out here.
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