5 of the Top We Buy Houses for Cash Companies in Buena Park
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Kelsey Morrison Former HomeLight EditorCloseKelsey Morrison Former HomeLight Editor
Kelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
If you’re looking to sell your California home but the thought of preparing it for the market feels too overwhelming, a “We Buy Houses” Buena Park company could offer a fast and clear solution. These companies appeal to sellers with homes that need work and those who have to move quickly.
They pay cash for homes in any condition or facing any situation, whether it’s a rental unit with problem tenants or a family home with a leaky roof. Deals can close in a matter of days or weeks, and the service is often 100% free for sellers. The downside is that offers tend to be below market value, meaning you could potentially earn a higher profit by selling with a real estate agent.
In this article, we’ll weigh the pros and cons of selling to a “We Buy Houses” company in Buena Park. We’ll highlight some of the most reputable cash-for-homes companies in Orange County and share alternative methods for a fast home sale. By the end, you’ll have all the information you need to make a decision that perfectly aligns with your situation and selling goals.
Working with We Buy Houses companies in Buena Park
Looking to sell your house in Buena Park quickly? “We Buy Houses” companies specialize in buying homes fast with all-cash offers and closing deals in as little as a week. These companies often target homes that need repairs, allowing homeowners to move on without the hassle of renovations.
Here’s an overview of the process of selling your house for cash:
- Contact the company: Reach out to a reputable cash-for-homes company in Buena Park. Provide them with details about your property to initiate the process.
- Receive an offer: Typically, within 24 hours, the company will evaluate your information and may conduct a brief on-site inspection before presenting you with a no-obligation, all-cash offer.
- Review the offer: Take your time to review the offer. Consider how it aligns with your needs for a fast and efficient sale.
- Accept the offer: If the offer meets your expectations, you can proceed by accepting it.
- Close the sale: House-buying companies close quickly, sometimes in as little as a week. At the closing, you’ll receive your funds via check or wire transfer.
Popular We Buy Houses companies in Buena Park
If the quick and hassle-free sale offered by Buena Park house-buying companies appeals to you, the next step is to find a reputable company you can trust.
We’ve compiled a list of some of the top companies that will pay cash for your or your parents’ property, whether that’s a California bungalow or a Spanish-style home. By partnering with one of these companies, you should be able to sell your Buena Park home in as little as a week or two.
SoCal Home Buyers
Founded in 2008 by a husband-and-wife team, SoCal Home Buyers helps homeowners sell their houses fast and for cash. It purchases homes in as-is condition throughout Orange County, plus other markets in Southern California.
After submitting their property information online or by phone, sellers can receive a fair cash offer within 24 hours. If the offer is accepted, closing can occur in as little as seven days. There are no fees or closing costs, and out-of-state sellers aren’t required to travel to close a sale.
Locations: Orange (including Buena Park), Los Angeles, San Diego, Riverside, and San Bernardino counties
Closing costs: Seller pays no closing costs; SoCal Home Buyers covers them.
SoCal Home Buyers has been accredited by the Better Business Bureau (BBB) since 2018 and holds an A+ rating. They have also earned a 4.8-star rating on Google.
Clients say the house-buying company provides a clear and transparent process that instills confidence throughout every stage of the transaction. Many appreciate the step-by-step guidance offered, which helps eliminate confusion and uncertainty. The company’s approachable and professional manner contributes to a smooth and comfortable experience.
Website: socalhomebuyers.com
Phone number: 951-331-3844
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Buena Park (and across the country) can request a cash offer for their homes. It connects you to one of the largest networks of cash buyers in the US.
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 Buena Park.
With this platform, 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 Buena Park
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 received its BBB accreditation since 2019 and now proudly maintains 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.
Website: homelight.com/simple
Phone: 844-488-8455
Tarek Buys Houses
Tarek Buys Houses is a real estate investment firm founded by Tarek El Moussa, widely known for his role on HGTV’s Flip or Flop. Since 2010, the company has specialized in acquiring residential properties in California.
It purchases single-family and multi-family homes in any condition, offering competitive cash offers. With a streamlined process, Tarek Buys Houses can close transactions in as little as seven days. To get a cash offer within 24 hours, simply fill out the form on their website or give them a call.
Locations: Orange County (including Buena Park), Los Angeles County, and Tulsa County in Oklahoma
Closing costs: Sellers pay no closing costs; Tarek Buys Houses covers them.
Tarek Buys Houses has been BBB-accredited since 2021 and holds an A+ rating. Its Google Business Profile bears an impressive 4.6-star rating.
Clients share that the housebuying company provides fair offers and an impressively fast escrow process. Many appreciate the team’s professionalism and the respectful, patient approach to handling each transaction.
Website: tarekbuyshouses.com
Phone number: 866-419-4117
Casey Buys Houses
Casey Buys Houses is a Southern California-based real estate investment firm led by a husband-and-wife team with more than a decade of industry experience. Headquartered in Diamond Bar, the company specializes in purchasing residential properties in as-is condition across the region.
Sellers are not required to manage repairs, cleaning, or debris removal. Following a property assessment, Casey Buys Houses provides a competitive cash offer. Closings are scheduled according to the seller’s preferred timeline and can be completed in as little as seven days.
Locations: Throughout Southern California, including Buena Park
Closing costs: Sellers pay no closing costs; Casey Buys Houses covers them.
Casey Buys Houses has a perfect 5-star rating on Google. Reviews commend the team’s clear communication, real estate knowledge, and willingness to go above and beyond for their clients. Clients like the company’s dependable and considerate approach, particularly when handling estate-related sales. The team is known for responding quickly, offering fair deals, and simplifying the process during emotionally difficult times.
Website: caseybuyshouses.com
Phone number: 909-455-9496
Premier Property Buyers
Premier Property Buyers is a professional homebuying company that acquires, renovates, and resells residential properties for profit. Offers are calculated based on current market value and the scope of necessary repairs, ensuring transparency and fairness for every seller.
Backed by licensure in both real estate sales and appraisal, Premier Property Buyers offers expert insight and market-driven solutions. Clients may choose between a direct cash purchase or traditional listing services, depending on their unique needs.
Locations: Buena Park
Closing costs: Sellers pay no closing costs; Premier Property Buyers covers them.
Premier Property Buyers has been BBB accredited since 2018 and proudly bears a high A+ rating. It has earned a 5-star rating on Google, with past clients praising the company for its professionalism, responsiveness, and smooth transaction process.
Reviewers note that communication is prompt and clear from the beginning, helping to eliminate stress and uncertainty. Moreover, the team’s local market knowledge and straightforward approach contribute to a highly efficient experience. Many sellers recommend the company for its reliability and ease in handling complex situations.
Website: premierpropertybuyers.com
Phone number: 714-475-7526
Why sell your Buena Park house for cash?
If you lack the time, funds, or expertise to get your home into selling shape, a cash buyer can be a real lifesaver. These companies offer a fast closing, a guaranteed sale, and a streamlined process.
In Buena Park, selling a home on the open market using an agent typically takes around 70 days. This includes an average of 30 days on the market, from listing to signed contract, plus the typical 40 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 Buena Park, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always pay top dollar for the homes they purchase.
Let’s discuss some of the key reasons why Buena Park homeowners are opting for cash offers over traditional listings:
- Job relocation: When a new job requires you to move quickly, selling for cash can streamline the process.
- Divorce settlement: Simplify the division of assets in a divorce by quickly liquidating shared property without drawn-out negotiations.
- Unwanted inheritance: Easily dispose of a home you’ve inherited but don’t want to maintain or occupy.
- Downsizing transition: A cash sale is ideal for those looking to move to a smaller home or a retirement community, eliminating the hassle of a traditional sale.
- Major repairs needed: Unlike traditional buyer-occupiers, a house-buying company accommodates homes in poor condition requiring extensive repairs.
- Open house stress: With “We Buy Houses” solutions, you won’t have to worry about the stress and invasion of privacy that come with multiple open houses.
- Foundation issues: A cash-for-homes company will let you skip the difficulty of repairing and selling a property with significant structural problems.
- Foreclosure solution: Get ahead of foreclosure and protect your financial future by selling fast to a house-buying firm.
- Troublesome tenants: With an instant offer from a house-buying company, you can resolve difficult rental situations, such as difficult tenants.
- Remote sale: A cash sale makes selling from out of state uncomplicated.
If you identify with any of the situations listed above, selling your home to a cash buyer could be an effective solution. However, it’s essential to weigh this option against others.
Pros and cons of house-buying companies in Buena Park
House-buying companies in Buena Park offer several advantages, particularly their ability to close quickly and purchase homes in any condition. However, there are also significant drawbacks to consider, like receiving an offer that’s below market value.
In this next section, we’ll explore the pros and cons of using a “We Buy Houses” company in Buena Park to help you weigh your options effectively:
Pros
- Fast closing: Companies typically close within days or weeks, significantly faster than traditional sales.
- No need for repairs: Sell your home as-is, without spending on renovations or repairs, which can be costly and time-consuming.
- No real estate fees: Avoid paying agent commissions and closing costs, which can add up to a significant amount.
- Simple transaction: The sale process is straightforward, with fewer contingencies and no need for staging or multiple showings.
Cons
- Lower offers: Expect to receive an offer below market value, which can be a major drawback if your goal is to maximize the sale price.
- Limited negotiation: Offers from these companies are typically non-negotiable, take-it-or-leave-it deals.
- Scam risks: Always verify the legitimacy of the company, as there are scams in this industry targeting desperate sellers.
- Less profit: While you save on commissions and repairs, the net amount received is often less than what the market might offer.
Vet cash buyers and know your home’s worth
When you decide to sell your Buena Park home to a cash buyer, remember that the quality of service and integrity can vary greatly between companies. The experience largely depends on the professionalism and reputation of the company making the offer. Before you commit, it’s crucial to do your due diligence.
Ensure you vet the company thoroughly — check for online reviews, read testimonials from other sellers, and research their market presence and track record. A reputable company should have a solid history and transparent processes. Additionally, be sure to read the buying agreement carefully before signing to understand all the terms clearly.
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 it to your cash offer.
HomeLight can connect you with a top-performing agent in Buena Park. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Buena Park home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models to make near-instant, all-cash offers on homes, often closer to market value. The process from offer to closing can be incredibly quick, typically only a few days to two weeks.
However, it’s important to note that major iBuyer companies like Opendoor and Offerpad generally charge service fees of 5% to 6%. The iBuyer route is best suited for homeowners with homes in good condition, in areas with homogeneous housing stock.
Listing with an agent
Teaming up with a real estate agent can also fast-track your sale, especially in a seller-friendly market. Agents can provide a competitive edge through superior marketing and pricing strategies. They offer valuable insights with a comparative market analysis (CMA), which helps set an effective listing price. The report is often free.
An experienced agent may be able to connect you with a cash buyer willing to pay closer to market value. If you’re interested in exploring this option, HomeLight can put you in touch with top-performing agents in Buena Park.
FAQs on Buena Park house-buying companies
By and large, most We Buy Houses companies in Buena Park 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.
As described in our pros and cons list above, most Buena Park “We Buy Houses” 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 take a look at an example offer equation. Let’s say your Buena Park midcentury modern house could sell for $910,000 after repairs, but it will need $30,000 of work to get there.
($910,000 x .70) – $30,000 = $607,000
In this example, a Buena Park “We Buy Houses” company might offer you around $607,000 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 market value while charging a fee for their services.
When you accept an offer from a “We Buy Houses” company in Buena Park, you will likely be faced 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” 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 Buena Park. Our list above is a good place to start.
- Submit offer requests to a few 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 Buena Park vs. top Buena Park agent
Another helpful exercise is to compare how a “We Buy Houses” 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 company in Buena Park | Sell with a top Realtor in Buena Park |
Selling timeline | 7 to 30 days | 70 days average; 30 to attract an offer, 40 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 / 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 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” company and an agent-assisted sale.
Let’s say your home in Buena Park is worth about $880,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $910,000.
Sell to a We Buy Houses for Cash company in Buena Park | Sell with a top Realtor in Buena Park | |
Estimated sale price | ($910,000 x .70) – $30,000 = $607,000 | $880,000 |
Market preparations | 0 | $8,800 (1% of the sale price) |
Agent commissions | 0 | $26,400 (3% of the sale price) |
Closing costs | 0 | $13,200 (1.5% of the sale price) |
Estimated take-home for seller | $607,000 | $831,600 |
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: Selling to a “We Buy Houses” company in Buena Park can be incredibly fast, bypassing the usual market prep and listing delays.
- As-is deal: You can sell your home as-is, without needing to invest in repairs or renovations.
- Hassle-free procedure: These transactions typically involve fewer steps and less paperwork than traditional real estate sales.
- Lower offers: Be aware that these companies usually pay below market value for homes. That’s why it’s important to know your home’s value before agreeing to sell.
- Due diligence: Always verify the legitimacy of the house-buying company to avoid scams.
- Trusted cash-offer platform: HomeLight’s Simple Sale offers no-obligation, all-cash bids for homes in any condition in Buena Park. With a range of partner investors, it’s an ideal starting point to find potential buyers for your property.
If you’re thinking about working with a “We Buy Houses” company in Buena Park, it’s wise to collect offers from a few different ones before making a decision. Consulting with a top Buena Park Realtor can provide expert insights on how quickly and for how much your property might sell on the traditional market.
Let HomeLight 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 real estate agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Buena Park 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: (Unsplash / Giorgio Trovato)