Are you tired of dealing with the headaches of owning an ugly or distressed property? Whether you have inherited a property that needs a lot of repairs or are struggling to sell your home due to its unattractive appearance, you may be considering selling to a home buying company. One of the most well-known companies in this space is We Buy Ugly Houses. But are they as reliable and trustworthy as they claim? In this article, we will take a deep dive into We Buy Ugly Houses reviews and help you decide if this company is the right choice for you.
What is We Buy Ugly Houses?
Before we dive into the reviews, let’s first discuss what We Buy Ugly Houses is and how they operate.
We Buy Ugly Houses is a franchise-based company that was founded in 1996. They are owned by HomeVestors, a privately owned Dallas-based real estate investment company. We Buy Ugly Houses operates in over 200 markets across the United States, making them one of the largest home buying companies in the country.
The company’s primary mission is to help homeowners sell their distressed properties quickly and hassle-free. They do this by offering to buy the property directly from the homeowner, eliminating the need for real estate agents and the traditional home selling process.
How does We Buy Ugly Houses Work?
The process is relatively straightforward if you want to sell your property to We Buy Ugly Houses.
You contact We Buy Ugly Houses through their website or phone to provide information about your property. A representative from the company will schedule an appointment to visit your property and assess its condition. After the assessment, the representative will provide you with a cash offer for your property. If you accept the offer, the company will schedule a closing date, and the transaction will be completed.
We Buy Ugly Houses Reviews: The Good
Now that we understand how We Buy Ugly Houses works, let’s take a look at some of the positive real estate reviews that the company has received.
- One of the most significant advantages of selling to We Buy Ugly Houses is the speed of the transaction. Many reviewers have praised the company for their ability to close on a property quickly, with some transactions completed in as little as a week.
- Another benefit of working with We Buy Ugly Houses is that they purchase properties in as-is condition. This means you don’t have to worry about making any repairs or upgrades to your property before selling it.
- We Buy Ugly Houses also offers a hassle-free selling process. You don’t have to deal with real estate agents, open houses, or the stress of negotiating with potential buyers.
We Buy Ugly Houses Reviews: The Bad
While there are many positive reviews of We Buy Ugly Houses, there are also some negative ones.
Here are some of the most common complaints:
- One of the biggest complaints is that the company’s cash offers are often much lower than the property’s market value. This is because We Buy Ugly Houses is a business and needs to make a profit on the properties they purchase.
- Some reviewers have also complained about the quality of the representatives that visit their properties. While some representatives are knowledgeable and professional, others are not.
- There have also been complaints about the company’s communication. Some reviewers have stated that they needed help getting in touch with their representative.
Is We Buy Ugly Houses Right for You?
After reading the reviews and understanding how We Buy Ugly Houses operates, you may wonder if this company is the right choice. Here are some factors to consider:
- We Buy Ugly Houses may be a good option if you need to sell your property quickly and want to avoid dealing with the traditional home selling process.
- However, if you want the highest possible price for your property, consider listing it with a real estate agent.
- Keep in mind that We Buy Ugly Houses offers cash offers that are often below market value. If you are willing to invest time and effort to repair and upgrade your property, you can sell it for a higher price on the open market.
- Finally, doing your due diligence and researching any company before doing business with them is important. Ensure you understand their fees, processes, and reputation before deciding.
Is We Buy Ugly Houses reviews trustworthy?
While some reviews may be biased or fake, most We Buy Ugly Houses reviews appear genuine. You can read reviews on sites like Yelp, Google, and the Better Business Bureau to understand the company’s reputation.
How long does selling a property to We Buy Ugly Houses take?
The timeframe for selling a property to We Buy Ugly Houses can vary depending on the market and the property’s condition. However, many transactions are completed within a week or two.
Can I negotiate the cash offer from We Buy Ugly Houses?
Yes, you can negotiate the cash offer from We Buy Ugly Houses. Remember that the company needs to profit from the properties they purchase, so they may not be willing to increase their offer significantly.
WeBuyUglyHouses.com can be a good option for homeowners who need to sell their distressed properties quickly and without the hassle of the traditional home selling process. You may get a higher price for your property by listing it with a real estate agent or making repairs and upgrades. However, it’s important to understand that the company’s cash offers may be lower than market value.
Before doing business with We Buy Ugly Houses or any other home buying company, please do your due diligence and research their reputation, fees, and processes. By doing so, you can make an informed decision about whether or not to sell your property to them.
We Buy Ugly Houses locations.
We Buy Ugly Houses is a franchise-based company that operates in over 200 markets across the United States.
This means that there are likely We Buy Ugly Houses locations in or near most major cities and towns in the US.
To find a, We Buy Ugly Houses location near you, you can visit their website and use their location finder tool. Enter your zip code, city, and state; the tool will provide nearby locations.
Remember that while We Buy Ugly Houses operates in many markets, they may have a physical location in some cities or towns. However, they can still work with you remotely to purchase your property, even if no physical location is nearby.
What does We Buy Ugly Houses Pay?
The amount that We Buy Ugly Houses pays for a property can vary depending on several factors, including the location and condition of the property and the current real estate market conditions.
Typically, We Buy Ugly Houses offers cash below market value. The company must profit from the properties they purchase to stay in business. However, the company also offers benefits such as buying properties in as-is condition and providing a quick and hassle-free transaction process.
If you want to sell your property to We Buy Ugly Houses, contacting them directly is the best way to find out how much they would pay for your property. A representative from the company can assess your property and provide you with a cash offer based on its condition and the current real estate market conditions in your area.
Alternatives to We Buy Ugly Houses
If you are considering selling your distressed property but are still determining if We Buy Ugly Houses is the right choice, there are several alternatives to consider. Here are a few options:
Direct Home Buyers:
Similar to We Buy Ugly Houses, several other companies specialize in buying distressed properties directly from homeowners. These companies may offer different terms and conditions than We Buy Ugly Houses, so it’s important to research and compare offers.
Real Estate Agents:
If you have time and are willing to invest in repairs and upgrades to your property, working with a real estate agent may be a good option. An agent can help you list your property on the market, market it to potential buyers, and negotiate offers. Remember that this process can take longer and may require some upfront costs.
Auctions can be a good option if you want to sell your property quickly and are willing to accept a lower price. However, remember that the auction process can be complex and may require some upfront costs.
Online Real Estate Marketplaces:
Several online real estate marketplaces, such as Zillow and Redfin, allow you to sell your property. These marketplaces can provide you with exposure to a large audience of potential buyers and may offer tools and resources to help you sell your property.
Cash Home Buyers:
These companies that pay cash for houses and homes are called real estate investors examples are DougHopkins, and Homelight.
Ultimately, the best option for selling your distressed property will depend on your circumstances and goals. Be sure to consider all of your options and do your research before making a decision.
The History of We buy ugly houses
We Buy Ugly Houses was founded in 1996 by Ken D’Angelo, a real estate investor looking for a better way to purchase distressed properties. D’Angelo wanted to create a system allowing him to quickly and easily buy properties that other investors and real estate agents might overlook due to their poor condition or appearance.
To accomplish this, D’Angelo created a franchise-based model that would allow him to expand his business across the United States. He founded HomeVestors of America, a company that would own the We Buy Ugly Houses brand and franchises it to individual investors.
Over the years, We Buy Ugly Houses has become one of the largest home buying companies in the country. The company has expanded to over 200 markets across the US and has purchased more than 100,000 properties since its inception.
Today, We Buy Ugly Houses is still owned by HomeVestors of America, which is now headquartered in Dallas, Texas. The company continues to offer quick and hassle-free solutions for homeowners who need to sell their distressed properties quickly and easily.