5 Top We Buy Houses for Cash Companies in Aurora
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Joseph Gordon Associate EditorJoseph Gordon is an Associate Editor with HomeLight. He has seven years of experience reporting on the commercial real estate and insurance industries. He holds an MFA in Creative Writing from the University of San Francisco.
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
In Aurora, We Buy Houses companies are gaining traction, offering a unique solution for homeowners looking to sell quickly. These companies make all-cash offers, often targeting homes requiring some 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 weigh your options and make an informed decision that aligns with your needs and circumstances.
Sell Your House Fast in Aurora, Colorado With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Aurora, Colorado.
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of Aurora area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Aurora
Navigating selling your home to a house-buying company in Aurora can be straightforward and swift. Here’s a step-by-step guide to help you understand what to expect:
- 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.
- Initial contact: 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.
- 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. Remember, this offer is typically 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 usually 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 you or your parents’ ranch-style or split-level homes. You can sell your Aurora home to one of these companies in a week or two.
Blue Halo Homes LLC
Blue Halo Homes, LLC helps homeowners deal with complex situations. They are known for efficiently closing fair deals, even in challenging scenarios like bad mortgages, bankruptcy, structural problems, fire damage, troublesome tenants, and legal issues.
Locations: Aurora and surrounding areas
Closing costs: Sellers pay no closing costs; Blue Halo Homes LLC covers them
Clients consistently praise Blue Halo Homes in their Google reviews for their exceptional knowledge, individualized attention, and organized approach to business. The company has a 4.4-star Google review rating.
Website: bluehalohomes.com
Phone number: 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. Simple Sale connects you to the largest network of cash buyers in the U.S. 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 different locations throughout Aurora.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 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 HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on more than 500 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
LLM Home Buyers
LLM Home Buyers will purchase your home in any condition, opting for a quick, hassle-free transaction — aiming to sell your home in 2 weeks or less. The company will also work on your schedule if needed, allowing you to choose a closing date that better aligns with your plans.
Locations: Aurora and surrounding areas
Closing costs: Sellers pay no closing costs; LLM Home Buyers covers them
According to testimonials on the company’s website, clients consistently praise LLM Home Buyers for their exceptional qualities, including sharpness, honesty, loyalty, and trustworthiness.
Website: llmhomebuyers.com
Phone number: 720-608-7383
LVN Real Estate
LVN Real Estate provides practical, hassle-free solutions for property owners seeking quick and fair sales. LVN’s services extend to multiple regions, including Colorado, Wyoming, Texas, and North Carolina.
Locations: Aurora and surrounding areas
Closing costs: Sellers pay no closing costs; LVN Real Estate covers them
LVN Real Estate has been BBB accredited since 2017 and holds an A+ rating. Clients praise LVN Real Estate for their professionalism, reliability, and commitment to delivering on promises. The company has a 4.7-star Google review rating.
Website: lvnrealestate.com
Phone number: 720-259-9297
First Integrity Home Buyers
Established locally in 1999, they specialize in purchasing houses, condos, and townhomes at equitable prices. Prioritizing confidentiality, they cover customary closing costs and offer flexible timelines, allowing homeowners to close in as little as three days or as long as three months.
Locations: Aurora and surrounding areas
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 First Integrity Home Buyers for their efficient, fair, and friendly service. Reviewers appreciate the company’s ability to provide quick and straightforward solutions for selling properties.
Website: firstintegrityhomebuyers.net
Phone number: 305-523-7653
Why sell your Aurora house for cash?
There are plenty of valid reasons an Aurora home seller may choose to work with a Cash-For-Homes company. The main benefits are speed, certainty, and remarkable convenience.
In Aurora, selling a home on the market typically takes around 78 days using an agent. That includes an average of 33 days on the market plus the typical 45 days a buyer needs to close on a purchase loan.
Compare that to the typical 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.
Selling your Aurora home for cash can be a practical solution in various situations. These companies are increasingly popular, especially for those needing more time and resources than for a traditional home sale. Let’s explore some common scenarios where opting for a We Buy Houses for Cash company might be beneficial:
- 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.
- Avoid foreclosure: Selling your home for cash can be a way to settle debts and avoid foreclosure, preserving your credit score.
- Inherited property: 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 dividing of assets.
- Property needing repairs: A cash sale can be viable if your home requires significant repairs you can’t afford or manage.
- Desire for privacy: 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: A quick cash sale can simplify the process for seniors if health issues necessitate moving into a care facility or with family.
- Selling from out of state: For those needing to sell a home from afar, 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 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, weighing the advantages and disadvantages is crucial. 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 buy your house in its current condition, eliminating the need for costly and time-consuming repairs or renovations.
- Simple process: The selling process is typically 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.
- Potential for scams: Be cautious, as fraudulent operators are in this space, necessitating thorough vetting.
- 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 crucial in making an informed decision. Next, we’ll discuss how to vet cash buyers effectively and understand the true worth of your Aurora home.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
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 crucial to know exactly what you’re agreeing to, as this will affect the outcome of your sale. Remember, being well-informed is your best defense against pitfalls in the cash-for-homes process.
HomeLight suggests you 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 HomeLight’s Home Value Estimator for an initial ballpark estimate in less than two minutes.
Other options to sell your Aurora home quickly
iBuyers:
iBuyers, a modern segment of the Cash-For-Homes industry, use automated valuation models (AVMs) to offer quick, data-driven home valuations. They typically provide all-cash offers close to market value for homes in good condition, rapidly progressing from offer to closing, often within days. However, they usually charge service fees of around 5%-6% and are best suited for homes in areas with uniform housing.
Listing with an Agent:
While selling through an agent might seem slower than through house-buying companies, it can lead to a quick sale in a seller-friendly market. Top real estate agents can strategically price and market your home for a fast transaction, often achieving higher selling prices.
Agents also offer valuable insights through a comparative market analysis (CMA), helping you set a competitive listing price. This is often provided for free. Additionally, experienced agents might connect you with cash buyers, potentially offering a price closer to market value. HomeLight can help connect you with a top-performing agent if you’re considering this route.
FAQs on Aurora house-buying companies
By and large, 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 legit.
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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, 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 minus 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 $473,300 after repairs, but it will need $30,000 of work to get there.
($473,300 x .70) – $30,000 = $301,310
In this example, an Aurora We Buy Houses company might offer you around $301,310 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 iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from an Aurora We Buy Houses for Cash company, you will likely have to deal with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall 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, asking the company if any hidden program fees might impact your bottom line is always a good idea.
We Buy Houses for Cash in Aurora vs. 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 glance at how different aspects of the sale might look and compare possible 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 | 78 days average; 33 to attract an offer, 45 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings average |
| Inspections / 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 title before you can sell 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 | 5.8% average |
| Closing costs | None | 1% to 3% of the home sale price on top of agent 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 around $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 sale price) |
| Agent commissions | 0 | $27,451 (5.8% of sale price) |
| Closing costs | 0 | $7,099 (1.5%) |
| Estimated take-home for seller | $323,810 | $434,017 |
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 in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be challenging in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Speed and simplicity: 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.
- Vet carefully: Thoroughly research any house-buying company before committing to ensure you’re dealing with a reputable buyer.
- Explore all options: Consider alternatives like iBuyers or listing with an agent, especially if your home is in a seller-friendly market.
- Know your home’s worth: Always be aware of 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.
Header Source: (Emmanuel Appiah / Unsplash)
