6 Top We Buy Houses for Cash Companies in Arizona

In certain life situations, you might find yourself considering working with “We Buy Houses” Arizona companies for a quick home sale. Perhaps you’ve enjoyed Phoenix’s endless sunshine and weekend hikes amid sandstone buttes, but you’ve just accepted a job offer in Denver, and the position starts in two weeks. Or maybe you’re facing unexpected medical expenses and need to quickly sell your Mesa home for cash.

Alternatively, you might be facing a financial deadline or an unexpected life change and need to move right away. When you have little time to go through the usual home selling process, it can feel overwhelming wanting a fair price for your home while managing a fast move.

Fortunately, you can work with a We Buy Houses Arizona company that can quickly provide you with a cash offer. We’ll explain what you can expect when working with these companies and introduce you to some of the top house-buying companies in Arizona.

Sell Fast in Arizona With a Cash Offer or Top Agent

Get an all-cash, no-obligation offer on your Arizona home through HomeLight’s Simple Sale platform. Close in as few as 10 days with no repairs or showings. You can also request an expert estimate of what your home might sell for using a top Arizona agent.

Working with house-buying companies in Arizona

We Buy Houses companies in Arizona typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. They tend to target distressed properties in need of repairs and work with sellers who need to move ASAP.

Here’s how the process of selling your house for cash generally works:

  1. Get an offer: You request an offer and provide the company with information about your home. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.
  2. Conduct a property assessment: The company completes a walkthrough of your property, usually within 24 to 48 hours.
  3. Review the offer: The company typically makes a firm offer within 24 hours, and in some cases, it’s presented on-site immediately after the walkthrough. You have the option to accept or decline. Most of these companies will not negotiate on price, so the offer is a take-it-or-leave-it scenario.
  4. Sign a contract: If you accept the offer, you’ll both sign a contract, and the closing process will begin. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.
  5. Close the deal: Closing and getting paid is quick, typically within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.

Popular We Buy Houses for Cash Companies in Arizona

If the process of selling to a house-buying company in Arizona sounds good to you, it’s time to find a legitimate operation you can trust. We’ve compiled some of the best homebuying companies in Arizona that will enable you to quickly sell your home for cash.

The Trusted Home Buyer

The Trusted Home Buyer has been serving homeowners across Arizona since 2008, offering fast and reliable home-buying solutions. They conduct a quick property walkthrough to assess the home’s condition and provide a fair, no-obligation cash offer. Closings can be completed in as little as seven days, allowing sellers to move fast.

The company purchases homes in any condition, removing the need for repairs or cleanup. With years of local experience and a commitment to efficiency, The Trusted Home Buyer has become a trusted resource for hassle-free home sales.

Locations: Central Arizona, with a focus on the Phoenix metro area

Closing costs: Sellers pay no closing costs; The Trusted Home Buyer covers them.

Simple Sale

Simple Sale, a solution from HomeLight, is an online platform where sellers in Arizona (and across the country) can request a cash offer for their home. It has a network of cash buyers on its platform, and partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.

This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in many locations throughout Arizona. With this platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.

Locations: Nationwide, including Arizona

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Doug Hopkins

Doug Hopkins, whose team is based in Mesa, Arizona, is no stranger to real estate. He has bought and sold more than 10,000 homes in his real estate career, earning a real estate celebrity status of sorts with appearances on “Property Wars” on the Discovery Channel.

With extensive experience in auction, probate, and distressed property sales, Doug is recognized as one of the top buyers of foreclosure properties in the Western U.S. Through his website, sellers can fill out a property information survey in less than five minutes, receive an as-is cash offer in less than 24 hours, and quickly close. The offer applies to properties in need of repairs or in perfect condition.

Locations: Throughout Arizona

Closing costs: Sellers pay no closing costs; Doug Hopkins covers them.

We Buy Homes in Tucson

Since 1995, We Buy Homes in Tucson has been assisting homeowners with complex property challenges such as bankruptcy, title complications, external liens, and severe disrepair by providing cash offers for homes in as-is condition. The company takes a personalized approach, working closely with each seller to understand their circumstances and deliver tailored solutions.

By partnering with a network of investors, they ensure that every offer is competitive and fair. Homeowners typically receive an offer within 24 to 48 hours, with closings completed in as little as 10 to 14 days.

Locations: Tucson area

Closing costs: We Buy Homes in Tucson often pays closing costs.

Valley Home Buyer

Valley Home Buyer has been purchasing homes in the Phoenix metro area since 1996. The company follows a simple transaction process to make the home-selling experience easy for locals.

After a homeowner contacts Valley Home Buyer, the staff schedules a home visit as soon as the same day and provides you with an all-cash offer within 24 hours. Depending on the situation, the company may be able to close in as little as a week.

Locations: Phoenix metro area

Closing costs: Valley Home Buyers often pays closing costs.

AZ Home Buyer

AZ Home Buyer offers homeowners a flexible and stress-free way to sell their property on their own terms. Sellers can choose a timeline that works best for them while receiving a fair, upfront cash offer with no hidden costs. There’s no need to invest in repairs, pay commissions, or worry about closing fees.

By eliminating inspectors, contractors, and agents from the process, the company removes many of the typical frustrations of a traditional sale. The result is a clear, efficient, and cost-effective path to selling a home.

Locations: Phoenix metro area

Closing costs: AZ Home Buyer pays for all standard closing costs.

Why sell your Arizona house for cash?

If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.

In Arizona, selling a home on the open market using an agent takes around 98 days. That includes an average of 57 days listed on the market plus the typical 41 days a buyer needs to close on a purchase loan.

Compare that to the usual seven days promised by many We Buy Houses for Cash companies in Arizona, and you can see why these companies remain popular, even though they don’t always offer top dollar.

Selling your home in Arizona for cash can be a smart move in many situations, especially when the traditional real estate route feels too slow or complicated for your needs. Here are some situations where a cash sale makes things easier:

  • Quick cash needed: A cash sale gives you quick access to funds when you’re facing financial pressure.
  • Sudden move: Relocating for work or personal reasons is easier when you can sell without delays.
  • Divorce proceedings: A fast, no-hassle sale can simplify the process of dividing assets.
  • Foreclosure solution: Selling quickly can help stop foreclosure and protect your credit score.
  • Unwanted inheritance: Cash buyers make it simple to let go of an inherited property you didn’t plan on keeping.
  • Fixer-upper home: Skip costly repairs and sell the property as-is with no inspections or updates.
  • Private sale: Keep the process low-key and off-market, with no open houses or listings.
  • Landlord burnout: Get out of the rental business fast and not worry about difficult tenants or maintenance tasks.
  • Health-related move: When health issues force a relocation, say, when your parents downsize and move to an assisted living facility, a quick cash sale can speed up your plans.

Pros and cons of house-buying companies in Arizona

We Buy Houses for Cash companies in Arizona are a bit of a mixed bag. You get speed and service, but you “pay” a sizable premium for that service. Let’s walk through a few pros and cons to consider while weighing your options.

Pros to We Buy Houses for Cash

One of the biggest advantages of working with We Buy Houses for Cash companies in Arizona is that you can sell your home as-is with no repairs required, and they’ll buy homes in any condition.

If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require. Here’s a rundown of the advantages of working with house-buying companies:

  • Speedy transaction: You can often close the deal and receive cash in hand in as little as seven days, far quicker than the weeks or even months it typically takes with a traditional sale. This fast turnaround is ideal for sellers facing foreclosure, going through a divorce, relocating for a job, or simply wanting to skip the long wait.
  • No repairs: Homes in poor condition, like those with foundation issues or outdated plumbing, can cause delays or derail deals with financed buyers, since lenders often require properties to meet certain standards. In contrast, Arizona cash-for-homes companies typically buy houses as-is, offering a faster, more reliable path to closing without repair hassles.
  • Less hassle: When you choose to sell your Arizona home with a real estate agent, you’re expected to make the extra effort to stow away your hiking boots and organize your kids’ pool toys. Selling to a cash buyer allows you to skip many of these stressful tasks related to prepping and repeatedly showing the home.
  • Reduced closing costs: In an agent-assisted sale, you’ll likely pay an agent commission amounting to 3% to 6% of the sale price and may be on the hook for additional concessions and closing costs. Selling to a cash buyer will likely eliminate at least some of these fees, if not all of them. Many We Buy Houses companies in Arizona and across the nation cover a seller’s closing costs in full as part of the deal.

That all may sound pretty great to you as a seller if you’re looking to move within weeks, rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with cash-for-homes companies. Namely, they typically offer substantially below market value for your home.

Cons to working with We Buy Houses companies

When considering an offer from a We Buy Houses business, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment.

Here are some potential downsides to consider:

  • Lower offers: Most companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (ARV) or the value that your house could sell for on the market once it’s all fixed up and then deduct the repair costs. So, the price you get for your home may be appreciably lower than what you’d get on the market.
  • Inconsistent marketing knowledge: Not all cash home buying companies are equal. Some are more localized, have specific neighborhood knowledge, and can leverage that expertise into more competitive offers. Others are less knowledgeable about the specifics of your community, which could result in lowball bids.
  • Untrustworthy companies: Some firms make extremely low offers to desperate homeowners to boost profits. A few bad players may even engage in house-buying scams, though it’s uncommon.
  • Pressure tactics: These companies know that homeowners looking to sell quickly are often in dire situations, and some do take advantage of that by using pressure tactics. You should never feel pressured to accept an offer, especially since there are plenty of We Buy Houses for Cash companies in Arizona from which to choose. If anyone makes you uncomfortable, it’s time to move on to another option.

Your home is more than a place where you make memories with family. It’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you don’t exercise due diligence.

Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.

Vet cash buyers and know your home’s worth

For many home sellers, We Buy Houses for Cash companies can be a solid solution to selling a property quickly or accessing cash for an expected life challenge. However, the “cash for your home” rehabbing business model has also led to what some housing advocates call predatory tactics.

The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.

If you are considering a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. Of course, read the buying agreement carefully before signing.

Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. You can also use our free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.

Other options to sell your Arizona home quickly

Working with iBuyers

Within the cash-for-homes business, you’ll encounter a particular group of companies known as instant buyers or iBuyers. These firms offer sellers many of the same conveniences of other house-buying operations, but they also leverage algorithmic technology, otherwise known as automated valuation models (or AVMs), to give you a near-instant offer on your home and provide a user-friendly, mostly online home-sale experience.

Since they have all-cash offers, iBuyers can close in a matter of days to a few weeks. But unlike more traditional We Buy Houses for Cash companies, they tend to look for homes in better condition and offer much closer to market value, typically in the 85% to 95% range.

However, one thing to note is that major iBuyer companies like Opendoor and Offerpad usually charge sizable fees for their services, often about 5% to 6% of the home’s sale price.

Sellers who may be a good fit to work with an iBuyer in Arizona include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.

Listing with an agent

In a seller-friendly market, selling with a Realtor can result in a fast sale, especially when it’s strategically priced and marketed. Moreover, this option generally fetches the highest home price. Our internal transaction data at HomeLight shows that the top 5% of real estate agents sell homes for 10% more than average agents.

Selling your home on the open market is a big financial decision, so it makes sense to consult with a trusted real estate agent who can complete a comparative market analysis (CMA) to help you understand your home’s value and how quickly it’s likely to sell. A CMA is usually free, and you’re under no obligation to list with the agent, so this may be a good tool to explore your options.

Your agent may even be able to connect you with cash buyers who are willing to offer closer to market value for your home.

Struggling to find an agent? HomeLight would be happy to connect you with a top performer in Arizona today.

FAQs on Arizona house-buying companies

We Buy Houses for Cash in Arizona vs. top Arizona agent

Wondering how a We Buy Houses for Cash company stacks up against working with a real estate agent? We’ve got you covered.

Aspect of the sale Sell to a We Buy Houses company in Arizona Sell with a top Realtor® in Arizona
Sale timeline Seven to 30 days 98 days average; 57 to attract an offer, 41 to close the loan
Home preparations None Deep clean, declutter, make necessary repairs, landscape, and stage the home
Showings None required, although some companies will complete a walk-through 10 to 25 showings on average
Inspections  and repairs None required prior to closing, though iBuyers may deduct a repair credit at closing May need to make repairs for the buyer or renegotiate the price
Appraisal A traditional appraisal is not required, but many companies will use their own analytics to come to a fair price May need to lower the price if the appraisal comes in low
Title search Cash-for-homes companies often handle title issues Must clear the title before you can sell the home
Financing contingency None Mortgaged buyers use a financing contingency that could hold up the deal if the loan doesn’t clear
Agent commission None 3% to 6% of the home’s sale price
Closing costs None 1% to 3% of the home’s sale price on top of the agent’s commission

Example net proceeds

Imagine you’re selling your Arizona home, which is currently worth about $435,000 and needs about $15,000 in repairs. Once repairs are made, the home should be worth about $450,000. Here’s what you can expect to earn working with a We Buy Houses company and a top Phoenix real estate agent.

Sell to a We Buy Houses company in Arizona Sell with a top Realtor® in Arizona
Estimated sale price ($450,000 x .70) – $15,000 = $300,000 $435,000
Market preparations 0 $4,350 (1% of the sale price)
Agent commissions 0 $13,050 (3% of the sale price)
Closing costs 0 $6,525 (1.5% of the sale price)
Estimated take-home for seller $300,000 $411,075

As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home.

What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. Selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.

Key takeaways

  • Simple, fast transaction: We Buy Houses for Cash companies in Arizona let you sell your home in as few as seven days with no repairs, showings, or hassles.
  • Due diligence: There are many reputable cash homebuying companies across Arizona, but it’s important to vet each potential partner carefully to ensure they align with your selling objectives and needs.
  • Quick sale alternatives: You could leave significant money on the table using a cash-for-homes company versus going with a top agent or iBuyer.
  • Legitimate cash buyers: HomeLight’s Simple Sale platform provides all-cash offers for homes in almost any condition in Arizona. Because the platform has partner investors with different buying parameters across the state, it can be a great starting point if you aren’t sure who would buy your home.

House-buying companies can be a good alternative for Arizona sellers in need of a quick exit from homeownership, but they’re not without drawbacks. However you choose to sell your home, it’s important to avoid making a hasty decision.

For best results, weigh your options, gather offers from multiple companies, and consult with a top agent to see how easily your property could sell on the market. Happy selling!

Editor’s note: This post is for educational purposes only. Links to and mentions of Arizona area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.

Writer Chelsea Levinson contributed to this story.

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