Top 4 We Buy Houses for Cash Companies in Alabama

Published July 7, 2022

Written by Kristine Cameron
Edited by Kristy Snyder

✍ Editor’s note:

We spent hundreds of hours researching legitimate We Buy Houses for Cash companies in Alabama to find the best options. Our rankings include considerations like offer time, closing time, customer reviews, and availability (nationwide, statewide, or county/citywide only).

We Buy Houses for Cash companies in Alabama are cash buyers that purchase homes as-is, take care of any repairs or renovations a property needs, and then resell it for a profit. Since these companies can make quick cash offers (usually within a week), they’re great for sellers who are more concerned about their timeline than maximizing profits.

However, selling to a We Buy Houses company generally means that you’ll earn less than what your home could sell for on the open market.

If you’re considering selling your Alabama home to a We Buy Houses company, we strongly recommend talking to a top local agent before you make a decision. An agent can advise you if your timeline would work with a traditional listing — and help you earn a higher profit.

Talk with an agent after getting a cash offer from a We Buy Houses company to see how much you could earn by selling with an agent vs. selling to a cash buyer

Our friends at Clever Real Estate can get you a free, no obligation home valuation from a top real estate agent in your area.

Summary: Top We Buy Houses companies in Alabama

Company	Time to offer	Time to close
Moses Buys Houses	24 hours	7 days
Nexus Homebuyers	24 hours	7–12 days
We Buy Houses	24–48 hours	7–14 days
We Buy Ugly Houses	24–48 hours	21 days

Who should sell to a We Buy Houses for Cash company?

Selling to a We Buy Houses company isn’t right for everyone. If you aren’t facing a tight deadline and want to earn the most money, it’s probably best to sell with a real estate agent.

However, it may be a good option if you:

Own an unwanted property
Have to relocate unexpectedly
Can’t afford expensive home repairs
Need to sell quickly

We Buy Houses companies can close quickly — usually within a week — because they pay cash. Typical home sales usually take at least a month to close because the buyer’s loan has to be approved.

We Buy Houses companies will also purchase your house as-is, so you don’t need to make any repairs or renovations. This is great if you’re short on time or money to fix things up for a traditional listing.

If you’re not sure selling to a We Buy Houses company is right for you, Clever can connect you with an expert! A local realtor can give you an estimated timeline for selling your house and help you determine which route is best for your needs.

Top 4 Alabama We Buy Houses for Cash companies

Moses Buys Houses: Best for inherited or vacant properties

Local

Moses Buys Houses

Website

(855) 964-1121
Offer in 24 hours
Close in 7 days

Description

Moses Buys Houses is a family-owned company that purchases homes in Alabama, Florida, Tennessee, and South Carolina. It allows sellers to pick their closing dates, can make an offer within 24 hours, and can close in as few as seven days. Reviews from sellers indicate that its prices are fair and that its reps are honest, very responsive, and easy to communicate with.

Locations

Moses Buys Houses purchases houses across the Southeast US, including in Birmingham, Memphis, Miami and beyond.

Moses Buys Houses is a family-owned We Buy Houses for Cash company that purchases properties in Alabama and several other states. The company states that it can give sellers a cash offer within 24 hours and help them close within 7 days (or faster, if needed).

Moses Buys Houses will purchase:

Self-storage units
Single-family homes
Small apartments
Small commercial properties
Rental properties
Vacant homes
Vacant lots and raw land

The company’s Zillow profile describes itself as a “faith-based company” with a team that strives to be “100% upfront and honest with the homeowners we work with.”

Moses Buys Houses has several positive customer reviews that mention how quick and easy their experiences were.

“Unbelievable how quick they were. After the phone call, I got the offer the next day and we set up closing. Things went very smoothly.”
A Facebook review states: “I inherited a home from my grandmother, […] so I entrusted the Moses Buys Houses team to point me in the right direction. They turned out to be the ideal choice for selling the property. They gave me a fair cash offer for my home, orchestrated the buying process professionally, and covered the closing costs.”

If you’re selling an inherited property or vacant land, Moses Buys Houses could be the right option for you.

Nexus Homebuyers: Best for maximizing your profit

Regional

Nexus Homebuyers

Website

(865) 999-0025
Offer in 24 hours
Close in 7-12 days

Description

Nexus Homebuyers purchases houses throughout Georgia, Alabama, and Tennessee. It can make an initial offer within 24 hours and close within 7 to 12 days, or when the seller chooses. Nexus Homebuyers is highly rated, with former sellers saying that its reps are helpful, transparent, and dedicated. Other reviewers also mentioned that it makes fair offers and provides a very easy and fast process.

Locations

In Alabama, Nexus Homebuyers purchases homes in the Birmingham and Huntsville areas.

Nexus Homebuyers is based in Knoxville, Tennessee, but purchases houses throughout Alabama, Georgia, and Tennessee. The company states that it can make a cash offer within 24 hours and close in as few as 7 days.

Nexus Homebuyers is accredited by the Better Business Bureau (BBB) and currently has a five-star rating on its BBB page. Customer testimonials include:

“Working with the team at Nexus was great. They did what they said and are an honest group. Highly recommend them!”
“They bought my mom’s house quickly and I didn’t have to fix anything. I appreciate how easy it was to work with them and how they respected her home.”

Nexus Homebuyers also has a 4.9 rating on Google Reviews, and most reviews rave about how honest and efficient the Nexus Homebuyers team was. One customer states that they “Couldn’t ask for a better group of people. The whole team at Nexus is great. They bought our house when I thought no one would. Thanks again!”

Unlike other We Buy Houses for Cash companies, Nexus Homebuyers clearly explains how their investors make offers on properties. Since its pricing model is so transparent, sellers can fully understand the cash offer they receive, and they’re given time to consider the pros and cons of going with Nexus Homebuyers or selling with a realtor.

We Buy Houses: Best for finding a trustworthy investor

Nationwide

We Buy Houses AL

Website

(877) 932-8946
Offer in 24-48 hours
Close in 7-14 days

Description

We Buy Houses is a network of cash buyers that have been buying homes all over the U.S. since 1997. It can make an offer anywhere from 24–48 hours and can close as quickly as seven days. Sellers who left reviews said they were pleased with the fast and easy transactions that the company provided.

Locations

We Buy Houses purchases properties across Alabama.

We Buy Houses is a national network of cash buyers that can purchase properties throughout the state of Alabama. There are over a dozen offices in Alabama alone, including Auburn, Decatur, New Hope, and Tuscaloosa.

Sellers can receive a cash offer within 48 hours by submitting a form on the We Buy Houses website, and closing can occur within 7 days.

We Buy Houses can help with tricky real estate complications like:

Problem tenants living at the property
Homes that are vacant or in need of extensive repairs
Sellers who have moved away from the city their property is in
Sellers who are behind on their mortgage payments

Most customer reviews say that the company helped them close on their homes fast, even in difficult or complicated situations. Since We Buy Houses has been in operation since 1997, the brand has a lot of experience under its belt when it comes to real estate problems.

One way that We Buy Houses differs from similar companies is that it has a thorough vetting process for each of its local investors.

Investors need to apply for a license with We Buy Houses and agree to the company’s code of ethics. They’re evaluated based on their experience, number of properties purchased, time in the real estate industry, and their local reputation.

Licensed We Buy Houses investors are also invited to mastermind sessions twice per year to learn and connect with other professionals. This means you’ll be dealing with knowledgeable professionals throughout the whole process.

» MORE: See our full review for We Buy Houses

We Buy Ugly Houses: Best for inexperienced sellers

Nationwide

We Buy Ugly Houses

Website

(866) 200-6475
Offer after home evaluation
Close in 21 days

Description

We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close in as few as 3 weeks.

Locations

We Buy Ugly Houses purchases homes across Alabama, including Birmingham, Huntsville, and Montgomery.

We Buy Ugly Houses is a national company with over 800 franchises across the country, including 5 locations throughout Alabama:

Birmingham
Huntsville
Mobile-Pensacola
Montgomery
Tuscaloosa

HomeVestors — the company behind We Buy Ugly Houses — has been in operation for over 25 years and is one of the most recognizable We Buy Houses for Cash companies in the U.S. We Buy Ugly Houses can give sellers a cash offer within 48 hours and typically close in 30 days but can close faster.

The website states that the company has a 94% customer satisfaction rate, and customer testimonials rave about the quick and easy transaction process.

One reviewer wrote that his property specialist was “awesome to deal with” because he received “a very fair offer” and was able to close on a timeline that worked best for him. Another reviewer praised their specialist’s professionalism, writing that “We will not hesitate to work with him again and highly recommend him.”

However, some customers shared that they received low ball offers and ended up earning up much more by selling to a different buyer. It should be noted that We Buy Houses for Cash companies are businesses trying to make a profit, so we recommended getting a few quotes from different companies and agents to get a better idea of what would be the best deal for you.

Nonetheless, if you’re looking for a We Buy Houses company with a high success rate and a strong reputation to uphold, We Buy Ugly Houses is a trustworthy option.

» MORE: See our full review for We Buy Ugly Houses

Not seeing the right company for you? Check out our list of the top cash buyers across the country!

How do We Buy Houses for Cash companies work?

We Buy Houses for Cash companies generally look for homes that are undesirable to typical home buyers (like properties that need lots of repairs or renovations), fix them up, and then sell them for a profit.

The business model helps people sell unwanted properties quickly and then provides modernized homes to standard home buyers on the open real estate market.

Pros and cons for Alabama home sellers

Pros	Cons
Quick and easy sale: Most companies can close on your home within 1 week.	Low earnings: Most companies follow the 70% rule, so you won't earn nearly as much as you could on the open market.
No paperwork: Cash buyer companies should do all the paperwork for you so selling is a breeze.	Little room for negotiating: We Buy Houses companies flip homes to make a profit, leaving little room for sellers to negotiate a higher sales price.
Not picky: If you think nobody would ever buy your property, it's probably perfect for a cash buyer!	Potential for bad service: Local companies might not have the same reputation and customer service standards as national chains.
No out of pocket costs: Most companies don't charge any fees and will cover your closing costs.

How much do We Buy Houses companies pay in Alabama?

Key takeaway

🚨 Keep in mind, this is the best case scenario. A We Buy Houses company is likely to pay as little as possible to maximize their profits.

We Buy Houses companies and local real estate investors generally use the 70% rule: never pay more than 70% of a home’s after repair value (ARV), minus repair costs. You can get a ballpark idea of your home’s ARV by looking at listing/sale prices of homes in your neighborhood that would compare to yours after renovations.

The median listing price of homes in Alabama is $319,450. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $173,615.

(After repair value x 0.70) – Repair costs = Purchase price

($319,450 x 0.70) – $50,000 = $173,615

When is selling to a We Buy Houses company worth it?

Selling to a cash buyer company isn’t right for everyone, but it could be worth it if:

Selling quickly is your top priority
Your home needs significant repair
You’re behind on your loan or underwater on your mortgage
The home is vacant

If you aren’t facing a tight closing deadline and don’t need cash from the sale ASAP, there are probably better options for you that will help you earn more money.

Better alternatives for Alabama home sellers

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Sell to an iBuyer

An iBuyer or “instant buyer” uses algorithms to submit offers on homes instantly. If a seller accepts an offer from an iBuyer, they can close in as few as seven days in most cases.

iBuyer companies purchase homes as-is, but they might have restrictions on the locations or types of homes they’ll purchase. For instance, some companies only operate in specific cities, and many won’t buy homes built before a certain year or properties that need a lot of repairs.

Offerpad is one iBuyer available in several cities throughout the Birmingham, Alabama region.

List with an experienced real estate agent

Every seller should start their selling journey with a home valuation from an agent, even if they decide to sell to a cash buyer or iBuyer. An agent valuation is usually free, and it will give you reassurance that you’re making the right decision.

Another thing to note is that top-performing agents can still sell quickly, and they can specifically target cash buyers or investors in your area. Depending on your unique situation, a realtor may be able to help you close on your home just as quickly as a We Buy Houses company.

If your home doesn’t require a lot of expensive fixes, selling with an agent could be a great option that will help you earn more money.

FAQs

Who should use a We Buy Houses for Cash company in Alabama?

Sellers who need cash fast or have properties in poor conditions will find the most value in a We Buy Houses company. These companies can close in as little as a week without the need for any fees or repairs. The drawback is that sellers won't earn as much as their home would be worth on the open market.

How much will I earn selling to a We Buy Houses company in Alabama?

Most cash buyer companies won't pay more than 70% of a home’s after-market value (AVR), minus any repair costs. So, if your home is worth $203,000, the highest amount you could earn would be around $142,100 — even if your home is in pristine condition.