We Buy Houses Bend: Top 4 Companies
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- 15 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.
If you want to quickly sell your home in the Beaver State, consider working with a “We Buy Houses” Bend, Oregon, company. These firms make all-cash offers for homes regardless of the condition, which is perfect for sellers who lack the time, knowledge, or money for repairs but need to sell quickly.
Maybe you need to relocate for a new job, or you’re worried about a pending foreclosure. Or you might need to cash out an unexpected inherited Bend property to settle an estate. A cash-for-homes company could be the best solution for these real estate dilemmas.
However, before you request a cash offer, it is important to know exactly how much a Bend house-buying company might offer for your home and properly weigh your options.
Our guide will explain how selling your Bend home for cash works, showing you the pros and cons, providing alternatives, and pointing you to local companies that might want to purchase your home.
Working with house-buying companies in Bend
In Bend, cash sales are an attractive option for sellers who want speed and certainty. House-buying companies streamline the entire experience from offer to closing. Here’s a breakdown of the process of selling your house for cash:
1. Submit your property information: Contact a local cash-for-homes company by filling out an online form or making a phone call, providing basic details about your home.
2. Schedule a home evaluation: The company will schedule a time to visit your property to assess its condition and determine the cash offer.
3. Receive a cash offer: After the evaluation, you’ll receive a no-obligation, take-it-or-leave-it cash offer for your home.
4. Decide to accept or decline: You can either accept the offer and proceed with the sale or decline if it doesn’t meet your needs.
5. Complete paperwork: If you accept the offer, the company will handle the necessary paperwork to finalize the sale.
6. Close and receive payment: Once everything is in order, you’ll close on the deal and receive your cash, often within a matter of days.
Popular We Buy Houses for Cash companies in Bend
If the process of selling to a house-buying company in Bend 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 or your parents’ property, whether that’s a Victorian or a Foursquare. By working with one of these companies, you should be able to sell your Bend home in as little as a week or two.
ibuyhaus
ibuyhaus is based in Portland and purchases homes in “as-is” condition throughout Oregon and Washington. It extends a competitive, no-obligation cash offer within 24 hours of a scheduled walkthrough to assess your home’s repair costs. Sellers can choose the closing date, allowing for a flexible and streamlined sale that fits their timeline.
Locations: Throughout Oregon, including Bend, and Washington
Closing costs: Sellers pay no closing costs; ibuyhaus covers them.
Trusted for transparent and fair dealings, ibuyhaus has been accredited by the Better Business Bureau (BBB) since 2022 and holds an A+ rating. It has earned 4.7 stars on Google.
Clients share that the team guided them through challenging situations, offering solutions they hadn’t considered before. Some describe working with them as refreshing and uplifting, while others mention how much they enjoyed the entire process.
Website: ibuyhaus.com
Phone number: 503-482-8693
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bend (and across the country) can request a cash offer for their home. It features one of the largest networks 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 Bend. With the 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 Bend
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 has been BBB accredited since 2019 and currently holds an impressive 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.
Website: homelight.com/simple
Phone: 844-488-8455
Cash Is King House Buyers
Cash Is King House Buyers offers clear and fair options for homeowners who want to sell quickly and without hassle. By removing the need for fees, agents, and drawn-out timelines, the company provides a simple way to complete a sale in just a few weeks. They present cash offers within 24 hours of viewing a property and can finalize the transaction in as little as 14 days.
Locations: Throughout Oregon, including Bend, and Washington
Closing costs: Sellers pay no closing costs; Cash Is King House Buyers covers them.
Accredited by the BBB since 2024, Cash Is King House Buyers maintains an A+ rating. On Google, it earned 4.3 stars, with some clients emphasizing the company as a top choice for selling quickly at a fair price, regardless of a property’s condition.
Reviewers describe the team as highly knowledgeable, professional, and efficient. Many appreciate the stress-free alternative to traditional listings, noting the clear communication, transparency, and straightforward process.
Website: cashisking.com
Phone number: 503-912-9009
Better Off Home Buyers
Better Off Home Buyers is a local house-buying company serving Portland and the surrounding areas, dedicated to helping homeowners sell quickly and with ease. It presents fair, competitive cash offers within 24 hours of receiving key property information.
Facilitating a convenient transaction, the house-buying firm lets clients choose their preferred closing date. The company’s mission is to make the selling process as smooth and stress-free as possible.
Locations: Portland and other areas, including Bend
Closing costs: Sellers pay no closing costs; Better Off Homebuyers covers them.
Recognized for its integrity-driven approach, Better Off Home Buyers has been BBB accredited since 2024 and maintains an A+ rating. It received various positive customer testimonials on Google, generating a high customer review score of 4.7 stars.
Past clients recall how the team made selling a loved one’s home simple and stress-free, clearly explaining each step and offering honest options. Some note how the process moved quickly, with closing completed in only a few days. Sellers appreciate how smoothly everything was handled, especially in “as-is” sales that required no repairs.
Website: betteroffhomebuyers.com
Phone number: 888-827-0889
Why sell your Bend 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 Bend, selling a home on the open market using an agent takes around 92 days. That includes an average of 51 days on the market, from listing to 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 Bend, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top-dollar for the homes they purchase.
Selling your Bend home for cash could be the right choice if you need to close quickly without dealing with repairs, showings, or waiting for the right buyer.
Here are some common scenarios where a cash sale could be the perfect fit:
- New job: You need to relocate for work and don’t have time to prepare and list your home on the market.
- Divorce proceedings: You’re going through a divorce and want to sell quickly to separate assets and move on with your life.
- Unwanted inheritance: You’ve inherited a house and would prefer to sell it without dealing with repairs or ongoing maintenance.
- Downsizing transition: You’re planning to downsize and want a fast, simple sale to move into a retirement community or smaller home.
- Major repairs needed: Your home is in poor condition, and you don’t have the funds or time to complete repairs before selling.
- Open house stress: You’d prefer to avoid the hassle of preparing for open houses and keeping your home show-ready.
- Structural damage: Your house has serious foundation issues, and selling for cash lets you avoid costly repairs.
- Foreclosure solution: You’re at risk of foreclosure and want to sell quickly to resolve debts before the situation worsens.
- Landlord fatigue: You own a rental property with difficult tenants and want to sell without dealing with eviction or tenant management.
- Remote home sale: If you’re selling your Bend home from out of state, a cash buyer can make the process seamless, with no need for repeated trips back and forth.
Pros and cons of house-buying companies in Bend
Taking time to understand the pros and cons of working with a house-buying company can help you make smarter decisions. It prepares you for the process and helps you avoid unwanted surprises. Let’s tackle the advantages and drawbacks of a cash sale transaction.
Pros
A house-buying company in Bend offers speed and will buy your home as-is, regardless of condition, without needing repairs or preparations. Here’s a breakdown of the benefits:
- Fast closing: Cash buyers can close in as little as a week, offering a quick solution for homeowners in urgent situations.
- No repairs needed: You can sell your home as-is, meaning no need to spend time or money on fixing it up.
- No showings: Avoid the hassle of keeping your home show-ready or scheduling disruptive open houses.
- Guaranteed sale: Cash buyers typically don’t include contingencies, making the sale more certain and predictable.
Cons
While a fast sale is appealing, the most significant downside is that you’ll likely receive a lower profit compared to selling with an experienced real estate agent. Expect these drawbacks when you choose to sell to a cash-for-homes firm:
- Lower offer: Expect an offer that’s well below market value as these companies take into account repair costs and profit margins.
- No room for negotiation: House-buying companies often present a take-it-or-leave-it offer, with little to no room for negotiating price.
- Potential scams: Some entities may pose as cash buyers but actually operate house-buying scams, so it’s important to vet companies carefully.
- No agent expertise: You won’t have the market knowledge and negotiation skills of a real estate agent working on your behalf.
Vet cash buyers and know your home’s worth
When working with a We Buy Houses for Cash company in Bend, it’s essential to do your due diligence to ensure you’re working with a trustworthy buyer. Here are a few steps to vet the company and protect your interests:
- Verify the company’s market presence: Look into how long the company has been operating and its track record in your area.
- Research reviews: Check online reviews and testimonials from past clients to gauge the company’s reputation and level of service.
- Read the agreement carefully: Ensure you understand the terms of the buying agreement and are comfortable with what you’re signing.
- Check for red flags: Look out for unprofessional behavior or anything that raises concerns about the company’s integrity before you proceed.
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 Bend. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Bend home quickly
Working with iBuyers
Instant buyers or iBuyers use automated valuation models (AVMs) to provide near-instant cash offers, often for homes in good condition. The process is fast, with closings in a few days to two weeks. However, iBuyer companies like Opendoor and Offerpad typically charge 5% to 6% of the home’s sale price as service fees.
Listing with an agent
In a seller-friendly market, an agent can help you sell fast while securing the highest possible selling price. Agents provide a comparative market analysis (CMA), which is often free, to price your home strategically and prevent it from lingering on the market. A top agent might even connect you with cash buyers. HomeLight can match you with a proven agent today.
FAQs on Bend house-buying companies
By and large, most We Buy Houses for Cash companies in Bend are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the 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 Bend 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 take a look at an example offer equation. Let’s say your Bend Victorian could sell for $765,000 after repairs, but it will need $25,000 of work to get there.
($765,000 x .70) – $25,000 = $510,500
In this example, a Bend We Buy Houses company might offer you around $510,500 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 Bend We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, 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.
- Research and vet the house-buying companies that serve your Bend area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Bend vs. top Bend 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 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 Bend | Sell with a top Realtor in Bend |
Selling timeline | 7 to 30 days | 92 days average; 51 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 compiled 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 Bend is worth about $740,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $765,000.
Sell to a We Buy Houses for Cash company in Bend | Sell with a top Realtor in Bend | |
Estimated sale price | ($765,000 x .70) – $25,000 = $510,500 | $740,000 |
Market preparations | 0 | $7,400 (1% of the sale price) |
Agent commissions | 0 | $22,200 (3% of the sale price) |
Closing costs | 0 | $11,100 (1.5% of the sale price) |
Estimated take-home for seller | $510,500 | $699,300 |
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 a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Fast sale: Cash-for-homes companies in Bend offer a quick way to sell your home, often closing within days or weeks.
- No repairs needed: These companies buy homes in any condition, saving you time and money on repairs or upgrades.
- Lower offer: Expect to receive a lower offer compared to what you’d get by listing your home on the market.
- Limited negotiation: Most cash buyers present take-it-or-leave-it offers, with little room for price adjustments.
- Home valuation: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
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 Bend agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Bend 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: (Frankie / Unsplash)