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    SoCal Home Buyers Review (2024) – Should You Sell Your House to Them?

    Posted by Clark Callen Posted at September 30, 2024

    SoCal Home Buyers is a cash home buying company located in California. They specialize in buying houses fast and in “as-is” condition, which means you don’t need to make any repairs or clean the house before selling it. This can be a convenient option for homeowners who are looking to sell their house quickly and without any hassle.

    In this review, we’ll take a deep dive into SoCal Home Buyers, including their legitimacy, the types of properties they buy, their selling process, payout options, customer reviews, and how they compare to the competition. We’ll also explore some alternative options you might consider before selling your house to SoCal Home Buyers.

    Is SoCal Home Buyers Legit?

    Yes, SoCal Home Buyers is a legitimate company. They are accredited by the Better Business Bureau (BBB) with a rating of A-. They have one complaint closed in the last 3 years and zero complaints closed in the last 12 months. Additionally, they have a 4.8-star rating on Google with 32 reviews, indicating customer satisfaction with their service. However, it’s important to note that they also have a lower rating of 3.7 stars on Yelp with only 6 reviews.

    What Types of Properties Does SoCal Home Buyers Buy?

    SoCal Home Buyers focuses on buying residential properties in California. They typically buy houses in any condition, including:

    • Inherited houses
    • Vacant houses
    • Water damaged houses
    • Fire damaged houses
    • Houses behind on mortgage payments
    • Houses needing major repairs

    SoCal Home Buyers Selling Process

    SoCal Home Buyers boasts a straightforward 3-step selling process:

    1. Get a Cash Offer: You can request a cash offer online or by phone. SoCal Home Buyers will then schedule a visit to your property to assess its condition. Based on their evaluation, they’ll present you with a cash offer.
    2. Review the Offer: There’s no obligation to accept the initial offer. You can take your time to review it and compare it with other options.
    3. Close the Sale: If you accept the offer, SoCal Home Buyers will handle the closing process. They can close the sale quickly, typically within a few weeks.

    SoCal Home Buyers Payout

    SoCal Home Buyers pays in cash, which can be a major advantage for sellers who need quick access to funds. However, it’s important to understand that cash home buyers typically offer below market value for properties. This is because they take on the risk of buying the house as-is and then reselling it on the open market.

    SoCal Home Buyers Reviews

    SoCal Home Buyers has mixed reviews from customers. Here’s a breakdown of what customers like and dislike:

    Pros:

    • Fast and convenient selling process
    • No need for repairs or cleaning
    • Cash offer

    Cons:

    • May offer below market value
    • Limited negotiation opportunities

    SoCal Home Buyers vs. Competitors

    There are several cash home buying companies in California besides SoCal Home Buyers. Here’s a brief comparison:

    FeatureSoCal Home BuyersCompetitors
    Closing SpeedFast (within weeks)Can vary
    Offer PriceBelow market valueMay vary
    NegotiationLimitedMay be more flexible
    Customer ServiceMixed reviewsVaries by company

    Other Options You Should Consider

    Selling your house to a cash home buyer like SoCal Home Buyers is just one option. Here are some alternatives you might want to consider:

    • Sell on the open market: This can get you a higher selling price, but it may take longer to sell your house. You’ll also need to factor in realtor fees and closing costs.
    • Sell to a traditional home buyer: This can be a good option if your house is in good condition and you’re not in a hurry to sell.
    • For Sale By Owner (FSBO): Selling your house yourself can save you money on realtor fees, but it requires more time and effort.

    Reviews: Should You Sell to SoCal Home Buyers?

    SoCal Home Buyers can be a good option for California homeowners who are looking to sell their house quickly and easily, and who don’t mind getting less than market value. However, it’s important to weigh the pros and cons carefully before making a decision. Here are some questions to ask yourself:

    • How quickly do you need to sell your house? If you need to sell your house quickly, SoCal Home Buyers can be a good option. They can typically close the sale within a few weeks.
    • Are you willing to accept less than market value for your house? Cash home buyers like SoCal Home Buyers typically offer below market value for properties. If you’re looking to get the highest possible price for your house, selling on the open market may be a better option.
    • Do you have the time and effort to sell your house on the open market? Selling your house on the open market can be time-consuming and stressful. If you don’t have the time or energy to deal with the process, selling to a cash home buyer like SoCal Home Buyers may be a more convenient option.

    Ultimately, the decision of whether or not to sell your house to SoCal Home Buyers is a personal one. It’s important to weigh the pros and cons carefully and consider all of your options before making a decision.

    Additional Tips

    • Get multiple offers: Don’t just accept the first offer you get from SoCal Home Buyers or any other cash home buyer. Get offers from multiple companies and compare them to see who is offering the best price.
    • Do your research: Read reviews from other customers who have sold their houses to SoCal Home Buyers or other cash home buyers. This can give you a better idea of what to expect.
    • Consider your options: Don’t just focus on cash home buyers. Explore other options like selling on the open market or selling to a traditional home buyer.

    By following these tips, you can make an informed decision about whether or not to sell your house to SoCal Home Buyers.

    Conclusion

    SoCal Home Buyers is a legitimate cash home buying company that can be a good option for some homeowners. However, it’s important to understand the pros and cons of selling to a cash home buyer before making a decision. By doing your research and considering all of your options, you can find the best solution for your individual situation.

    FAQs

    Is SoCal Home Buyers a legitimate company?

    • Yes, SoCal Home Buyers is a legitimate company with an A- rating from the Better Business Bureau.

    How quickly can SoCal Home Buyers buy my house?

    • Typically, SoCal Home Buyers can close on a house within a few weeks.

    Do I have to make repairs to my house before selling it to SoCal Home Buyers?

    • No, SoCal Home Buyers buys houses in as-is condition.

    What types of properties do SoCal Home Buyers buy?

    • SoCal Home Buyers buys a variety of properties, including houses in need of repair, inherited houses, and vacant properties.

    How does SoCal Home Buyers determine the offer price for my house?

    • SoCal Home Buyers will assess the property’s condition, location, and market value to determine a fair cash offer.

    Contact

    Website: https://socalhomebuyers.com/

    Phone: (951) 331-3844

    Address: 24641 Washington Avenue Suite A5, Murrieta, CA 92562

    How can we help you?

    Answer a few quick questions to see how we can help you.

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