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10 Cash Home Buyers in Alabama To Sell Your House in 2024

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In February 2024, Alabama’s housing market experienced a downturn with 4,710 homes sold, marking a significant drop from the previous year’s sales. The median sales price saw a slight decrease to $200,324, reflecting a minor annual reduction of 0.2%.

The total sales volume also fell dramatically by 44.4% to $1.0 billion compared to the same period last year. However, the market saw a rise in active listings, with a 26.9% year-over-year increase, indicating more options for buyers. Foreclosures in the state increased by 30.3% from the previous year, although there was a slight month-over-month decrease.

Selling a house for cash is quick and easy, but not every cash home buyer might be the best home buying company to achieve the best value for your home. Keep reading to find out how this process works, what to expect from cash buyers in Alabama, and why iBuyer offers a better way to do business.

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1. iBuyer.com

Offer in 24-48 hours

No commissions or fees

Close in 7 days

2. Opendoor

Flexible Closing

5% Service Fee

1% Closing Costs

3. Offerpad

Offer In 24 Hours

6% Service Fee

Help You Move Within 50 Miles

4. Rapid Fire Home Buyers

Fair Cash Offer

No Realtors

No Fees, No Commissions

5. Birmingham Homebuyers

Buy House As-Is

No Repairs

No Closing Costs

6. Revitalize Homebuyers

No-Obligation Cash Offer Within 24 Hours

Buy Houses As-Is

No Fees, No Commissions

7. Chase Pays Cash

Pays All Costs

Fair Cash Offer

No Fees, No Commissions

8. River Region Home Buyers

No Fees Or Commissions

Fair Cash Offer

Pays All The Costs

9. Azalea Home Buyers

No Agent Fees

No Repairs

Buy Houses In Any Condition

10. Heritage Home Buyers

Buy House As-Is

No Fees, No Extra Costs

Closure On Your Schedule

What are we buy houses companies?

Cash for homes companies do exactly what they say they do. They pay cash for homes in any condition, fast.

They’re a quick solution for people who want to avoid the delays, expenses, and red tape that go with conventional home sales.

If your home is in poor condition and won’t qualify for potential buyers to achieve traditional financing, you might have no option but to sell it this way.

Most of these companies are reputable, but you won’t receive the market value for your home. To stay in business, they need to consider how much they can earn from the sale of your home, and not your financial gain. 

There are five main types of companies that buy houses for cash. These are:

Fix-and-flip investors

If you’re a fan of HGTV, you’re all too familiar with this type of investor. These companies either buy a run-down home to renovate it for an existing client or invest in as-is properties in up-and-coming neighborhoods.

It takes these professionals around six months to flip a house. After that, they start to lose money on holding and operating expenses. So, they might not accept homes that they can’t turn around within this time frame. 

Buy-and-hold investors

Housing costs have become increasingly untenable for renters and buyers alike; over 40% of renters are cost-burdened (meaning they spend more than 30% of their income on housing costs), and housing prices are rising faster than wage growth in 80% of U.S. markets.

They typically buy houses that need some work before they can rent them out, as well as homes in serviceable condition. Some of these investors must still apply for finance before the deal concludes, which can delay the closing date of your sale.  

Franchise cash buyers

Franchise companies buy houses for both the above reasons, and they do so in more than one place. We Buy Ugly Houses is one of the best-known franchises that work this way. 

Franchisees are locally-based and employ local contractors to fix up the as-is homes they buy for resale or rental. They pay a portion of their profit to the parent company in exchange for marketing services and support.  

Most cash-buyer franchises focus on run-down homes or those where the owner doesn’t want to spend time on repairs. 

Trade-in companies

These companies work slightly differently from the above. They work with homeowners who need a quick sale, so they can pay for a new home without sacrificing too much of their existing home’s value.

Trade-in buyers provide cash for the new home based on the value of the current house, minus their commission. Then they sell your home and take the proceeds from the sale. 


In 2015, iBuyers came to the fore as an alternative to the above options, and have doubled their market share as home buyers. 

They focus on buying homes in good condition, that only require minimal repairs, and they usually profit from the fee they charge for their services. iBuyers use technology to offer clients fair, market-related prices for their homes. 

In this way, working with an iBuyer is a fast, easy, and more lucrative way to sell your home for cash, and some of them offer trade-in services, too.  

Why would you sell your home to a cash home buying company?

Since you won’t realize a great return on your investment, it’s never ideal to sell to a conventional home buying company. However, there are some instances where it’s the best option.

These include instances where:

  • You’ve inherited a home you don’t want
  • Your home is in poor condition
  • You’re facing foreclosure
  • You need to sell fast due to a move 

If you want a fast sale and selling your home doesn’t involve many complications, an iBuyer is the best choice for you. 

Get the most out of selling your home for cash in Alabama

While researching your ‘we buy houses Alabama’ company options, be sure to compare their offers with iBuyer, first. 

We can provide a value on your home within minutes based on property prices in your area.

All you need to do is enter your address, and our state-of-the-art algorithm does the rest. Try it now, and let’s get your home sold for more, faster.

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