5 Top We Buy Houses for Cash Companies in Aurora
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- 14 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
“We Buy Houses Cash” Aurora, Colorado companies are gaining traction, offering a unique solution for homeowners looking to sell quickly. These companies make all-cash offers, often targeting homes requiring a little or a lot of repair or renovation. If you’re in a situation where time, expertise, or finances for home improvements are out of reach, these cash offers can be a lifeline.
Selling your Aurora home for cash can be particularly appealing if you are facing an urgent or unexpected situation. Whether it’s a job relocation, financial necessity, or other personal reasons, a quick cash sale eliminates the usual complexities of the real estate market.
This post aims to guide you through the intricacies of dealing with house-buying companies in Aurora. We’ll explore the pros and cons, helping you understand your options and make an informed decision that aligns with your needs and circumstances.
Working with house-buying companies in Aurora
A house-buying company in Aurora can provide instant cash offers and facilitate a fast cash closing process in under a week. Here’s a step-by-step guide to help you understand the process of selling your house for cash:
- Research companies: Research various We Buy Houses companies in Aurora. Look for those with a strong reputation and positive reviews. This step ensures you’re dealing with a legitimate and trustworthy buyer.
- Contact your chosen firm: Reach out to the chosen company. This usually involves filling out a form on their website or making a phone call. You’ll provide basic information about your property, such as location, size, and condition.
- Schedule a property assessment: The company will then assess your property. This might be a physical visit or a virtual assessment, depending on the company’s process and your preference.
- Receive an offer: The company will present a cash offer based on the assessment. This offer typically is non-negotiable and is a take-it-or-leave-it deal.
- Review the offer: Take your time to review the offer. Consider your financial needs and the convenience of a quick sale against the offer amount.
- Close the sale: If you accept the offer, the company will work with you to close the sale. This process is typically much quicker than a traditional sale and can sometimes be completed in as little as a week.
Popular We Buy Houses for Cash companies in Aurora
If the process of selling to a house-buying company in Aurora sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your split-level home or your parents’ ranch-style home. With these options, you can sell your Aurora home to one of these companies in a week or two.
Blue Halo Homes
Blue Halo Homes helps homeowners sell quickly despite complex situations, including bad mortgages, bankruptcy, structural problems, fire damage, troublesome tenants, and legal issues. Homes are purchased in their current condition, with no need for repairs or staging.
The team provides property owners with a prompt and reliable solution by presenting a fair cash offer within 24 hours. Sellers can select their preferred closing date, ensuring flexibility and convenience. With a focus on efficiency and transparency, Blue Halo Homes offers a smooth and stress-free selling experience.
Locations: Across the Denver Metro area, including Aurora
Closing costs: Sellers pay no closing costs; Blue Halo Homes covers them.
Committed to consistent client satisfaction, Blue Halo Homes earned a 4.5-star Google review rating, and customers appreciate the team for their exceptional knowledge, individualized attention, and organized approach to business. The company has an A+ rating from the Better Business Bureau (BBB) but is not currently accredited.
Website: bluehalohomes.com
Phone: 303-457-1181
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Aurora and across the country can request a cash offer for their home. It features one of the largest networks of cash buyers in the US, 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 locations throughout Aurora. With the platform, you can get a no-obligation, all-cash offer in as little as 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 Aurora
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it received BBB accreditation since 2019 and it currently holds an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
We Buy Houses in Denver
We Buy Houses in Denver, founded by father-and-son team Barry and Shaun Martin, is built on a foundation of fair, honest service. The company prioritizes transparency and privacy while helping homeowners sell properties in any condition throughout Colorado.
The team provides a competitive cash offer within 24 hours and can close in as little as seven days. But the company is flexible in the closing schedule, allowing homeowners to choose their preferred date. With over 20 years of experience, they handle every detail of the transaction through a trusted title company, so sellers can move forward with confidence.
Locations: Across Colorado, including Aurora
Closing costs: Sellers pay no closing costs; We Buy Houses in Denver covers them.
We Buy Houses in Denver has a perfect 5-star rating on Google reviews, and customers report that they appreciate the company’s communication and professionalism. Many commend the quick and hassle-free process, noting that the team was responsive and efficient in closing deals.
Clients express gratitude for cash offers, even on homes needing significant repairs, and praise the overall experience as smooth and straightforward. We Buy Houses in Denver has an A rating with the BBB, but is not currently accredited.
Website: webuyhousesindenver.org
Phone: 720-738-6020
LVN Real Estate
LVN Real Estate is a veteran-owned, locally operated investment group based in Denver, specializing in buying and rehabilitating distressed properties across several states. Their mission is to streamline the home-selling process for owners, offering fair cash purchases without the complexities of traditional sales.
The team comprises experienced professionals dedicated to solving various homeowner challenges, from foreclosures to property maintenance issues. They emphasize a judgment-free environment and provide confidential consultations to explore options for clients. Sellers can expect cash offers within 24 hours of initial contact with the company.
Locations: Throughout Colorado, including Aurora
Closing costs: Sellers pay no closing costs; LVN Real Estate covers them.
LVN Real Estate has a 4.4-star rating on Google reviews, and clients appreciate how the staff simplified the transaction process, making it efficient and stress-free. Many commend the team’s attentiveness, clear communication, and dedication to ensuring clients felt comfortable throughout the sale.
Overall, clients express gratitude for the smooth closings and the trustworthy nature of the service provided, recommending the company for its straightforward and no-hassle approach to selling properties. LVN Real Estate has been BBB accredited since 2017 and holds an A+ rating.
Website: lvnrealestate.com
Phone: 720-259-9297
First Integrity Home Buyers
Established locally in 1999, First Integrity Home Buyers purchases homes in any condition, whether damaged, neglected, or in need of major repairs, without requiring sellers to make updates or clean up. Their team brings experience and discretion, offering fair cash deals without judgment, and closing on a timeline that fits the seller’s needs.
They also work with homeowners facing a wide range of circumstances, including foreclosure, tax issues, divorce, or simply the desire for a fast, uncomplicated sale.
Locations: Across Colorado, including Aurora
Closing costs: Sellers pay no closing costs; First Integrity Home Buyers covers them.
First Integrity Home Buyers has been BBB accredited since 2017 and holds an A+ rating. Clients commend the team for their efficient, fair, and friendly service, and appreciate the company’s ability to provide quick and straightforward solutions for selling properties.
Meanwhile, on Google, the company earned a 5-star review rating, with clients sharing that the company stands out for their personal touch, responsiveness, and ability to tailor deals to fit unique circumstances. Many appreciate the team’s reliability and flexibility, noting smooth closings, fair terms, and generous move-out arrangements that ease the transition.
Website: firstintegrityhomebuyers.net
Phone: 303-523-7653
Why sell your Aurora 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 Aurora, selling a home on the market takes about 75 days using an agent. That includes an average of 34 days listed on the market until a signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Aurora, and it’s clear why these cash-for-homes groups are an attractive option, even though they won’t offer top-dollar for the homes they purchase.
These companies are growing in popularity, especially for sellers needing more time to prepare, market, and close a traditional home sale. Let’s look at some of the most common reasons Aurora sellers use a We Buy Houses for Cash company over listing a property the traditional way.
Cash home-buying companies are becoming increasingly popular, particularly among those who may lack the time or resources for a traditional home sale. Here are some common scenarios where choosing a We Buy Houses for Cash company can be particularly advantageous:
- Urgent financial need: If you’re facing financial strain or need quick cash, selling for cash offers a rapid solution.
- Relocation for work: When you need to move quickly for a job, a fast cash sale can ease the transition.
- Foreclosure solution: Selling your home for cash can be a way to settle debts and avoid foreclosure, preserving your credit score.
- Unwanted inheritance: If you’ve inherited a property you don’t wish to keep, selling it for cash is a straightforward way to handle the estate.
- Divorce settlement: In a divorce, selling a cash home can expedite the division of assets.
- Serious property problems: A cash sale can be viable if your home is in poor condition and requires significant repairs you can’t afford or manage.
- Discreet home sale: Selling off-market for cash ensures a private transaction, away from public listings and showings.
- Landlord issues: For landlords tired of managing rental properties or dealing with difficult tenants, selling for cash offers a quick exit strategy.
- Downsizing transition: A quick cash sale can simplify the process for seniors downsizing and moving into a care facility or with family.
- Remote home sale: For those needing to sell a home from out of state, selling for cash can ease much of the stress and complications.
If you are a homeowner in Aurora facing any of these circumstances, considering a cash offer from a We Buy Houses for Cash company might be a sensible choice. Understanding the full spectrum of selling methods, including their pros and cons, will help you make the most informed decision.
Pros and cons of house-buying companies in Aurora
When considering selling your Aurora home to a house-buying company, you must understand the advantages and disadvantages so you can look at the process realistically and manage expectations. The most significant pros are the speed of the transaction and the ability to sell your home as-is without the need for repairs or preparations.
Pros
- Quick sale: These companies can often close on your home in days, offering a speedy solution compared to traditional selling methods.
- No repairs needed: They will let you sell your home in its current condition, eliminating the need for costly and time-consuming repairs or renovations.
- Simple process: The selling process is straightforward and hassle-free, with less paperwork and no need for staging or showings.
- Cash payment: You receive a direct cash payment, which can be crucial if you need immediate funds for other expenses or investments.
On the other hand, the most significant con of working with a house-buying company in Aurora is that you’re likely to receive an offer below the market value of your home, especially when compared to selling through an experienced real estate agent.
Cons
- Lower offers: These companies usually offer less than the market value of your home as they aim to profit from future resales.
- Limited negotiation: The price offered is often a take-it-or-leave-it deal, with little room for negotiation on your part.
- Scam risks: Some entities may pose as legitimate cash buyers but actually engage in house-buying scams, so it’s important to vet each company thoroughly.
- Loss of competitive bidding: Selling on the open market might result in higher offers, especially in a competitive real estate environment.
Understanding these pros and cons is vital in making an informed decision. Next, we’ll discuss how to vet cash buyers effectively and understand the true worth of your Aurora home.
Vet cash buyers and know your home’s worth
When you decide to work with a We Buy Houses for Cash company in Aurora, it’s important to remember that the level of integrity and service offered can vary significantly. Your experience will depend on the character and professionalism of the individual or group making the offer. Before committing, take the time to vet the company thoroughly.
Check online reviews, read testimonials from previous sellers, and research their market presence and performance in Aurora. This due diligence is key in ensuring you’re dealing with a reputable buyer.
Additionally, before signing any buying agreement, read it carefully.
Understand every clause and condition. It’s important to know exactly what you’re agreeing to, as this will affect the outcome of your sale. Being well-informed is your best defense against pitfalls in the cash-for-homes process.
Consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use our free Home Value Estimator for an initial estimate in less than two minutes.
Other options to sell your Aurora home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models (AVMs) to offer near-instant home value estimates. They provide a mostly online experience, offering all-cash deals typically closer to market value for homes in good condition.
The process from offer to closing is quick, usually within a few days to two weeks. However, major iBuyer companies like Opendoor and Offerpad charge service fees of 5% to 6% of the home’s sale price.
Listing with an agent
Listing with a top real estate agent can also result in a fast sale, especially in a seller-friendly market. An agent can provide a comparative market analysis (CMA), which helps determine an appropriate listing price and estimate the time to sell. Many agents offer CMAs, often free.
Partnering with a proven agent can yield the highest selling price, and they may even connect you with cash buyers willing to pay closer to market value. If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Aurora house-buying companies
Most We Buy Houses for Cash companies in Aurora are legitimate businesses. Their services and transaction fees may differ, but the business model has existed for decades. If you use an established group with a track record, you can be fairly confident it’s legitimate.
As with any financial transaction, it’s a good idea to be alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Aurora We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV) then deduct their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s look at an example offer equation. Let’s say your Aurora ranch-style homes could sell for $498,300 after repairs, but it will need $25,000 of work to get there.
($498,300 x .70) – $25,000 = $323,810
In this example, an Aurora We Buy Houses company might offer you about $323,810 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a We Buy Houses for Cash company in Aurora, you may encounter a double-edged sword. On the one hand, you won’t have to incur extra costs, as these companies manage nearly all aspects of the transaction once the offer is accepted. On the other hand, this convenience often comes with a trade-off: you may receive a lower overall price for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, you can always ask the company if any hidden program fees might affect your bottom line.
We Buy Houses for Cash in Aurora vs. a top Aurora agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a look at how various aspects of the sale may unfold and compare the potential proceeds.
Aspect of the sale | Sell to a We Buy Houses for Cash company in Aurora | Sell with a top Realtor® in Aurora |
Selling timeline | 7 to 30 days | 75 days average; 34 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 | 10 to 25 showings on average |
Inspections and repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking 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 buyer’s 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
Below, we’ve put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Aurora is worth about $473,300 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth about $498,300.
Sell to a We Buy Houses for Cash company in Aurora | Sell with a top Realtor® in Aurora | |
Estimated sale price | ($498,300 x .70) – $25,000 = $323,810 | $473,300 |
Market preparations | 0 | $4,733 (1% of the sale price) |
Agent commissions | 0 | $14,199 (3% of the sale price) |
Closing costs | 0 | $7,099 (1.5% of the sale price) |
Estimated take-home for the seller | $323,810 | $447,269 |
As this example illustrates, it’s usually in your best financial 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. It could be that selling on the open market will be challenging in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speedy transaction: Selling your Aurora home to a house-buying company offers a quick and straightforward process, ideal for urgent situations.
- As-is sale: You can sell your home in its current condition, avoiding the need for costly repairs or renovations.
- Lower offers: Be prepared to receive offers below market value, as these companies aim to profit from future resales.
- No negotiations: The offered price is usually non-negotiable, presenting a take-it-or-leave-it scenario.
- Due diligence: Thoroughly research any house-buying company before committing to ensure you’re dealing with a reputable buyer.
- More quick sale options: Consider alternatives like iBuyers or listing with an agent, especially if your home is in a seller-friendly market.
- Property value insights: Always know your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Aurora agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Aurora 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.
Header Image Source: (Emmanuel Appiah / Unsplash)