6 Top We Buy Houses for Cash Companies in Colorado Springs
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Valerie Kalfrin, Contributing AuthorClose
Valerie Kalfrin Contributing AuthorValerie Kalfrin is a multiple award-winning journalist, film and fiction fan, and creative storyteller with a knack for detailed, engaging stories.
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Richard Haddad, Executive EditorClose
Richard Haddad Executive EditorRichard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
Companies advertising We Buy Houses in Colorado Springs make all-cash offers for homes that often need some work. This enables sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it.
Perhaps you have a new job offer out of state and don’t want the stress of leaving a mortgage behind. Maybe you’ve inherited property that’s not in the best shape, and a quick sale is the simplest way to settle the debts of an estate. Or perhaps other life circumstances, such as an illness, divorce, or downsizing, have left you in a bind, and a quick home sale would give you peace of mind, extra money, and a fresh start.
Sell Fast in Colorado Springs With a Cash Offer or Top Agent
Get an all-cash, no-obligation offer on your Colorado Springs 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 Colorado Springs agent.
If you need to sell your Colorado Springs home quickly, a top We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much a Colorado Springs house-buying company might offer for your home and then consider your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving.
Working with house-buying companies in Colorado Springs
We Buy Houses companies in Colorado Springs typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. These house-buying companies have polished their processes to help sellers who need to move ASAP, and tend to target distressed homes in need of repairs.
Here’s an overview of the process of selling your house for cash:
- You request an all-cash offer. The company will ask you to provide information about your house and property. Some We Buy Houses groups will make a preliminary offer shortly after you submit the request. However, the initial offer is typically subject to change after they have inspected your home.
- The company performs a walk-through. This on-site property visit is completed within 24 to 48 hours but the timeframe may vary depending on the company and market.
- You receive a firm offer. You receive your official cash offer within 24 hours of the on-site visit, but the company representative may sometimes present it at the end of the walk-through. At this point, you can accept or decline the offer. The majority of house-buying companies do not negotiate as they usually present a take-it-or-leave-it sale price.
- If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies initially provide a large deposit or funds to assist the seller with moving costs. Others will pay for the property upfront.
- Close the sale and get paid quickly. We Buy Houses companies typically can close your home sale 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 Colorado Springs
If the process of selling to a house-buying company in Colorado Springs 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 Colonial or Victorian home or your Craftsman-style bungalow downtown. By working with one of these companies, you should be able to sell your Colorado Springs home in as little as a week or two.
We Buy Houses, Colorado Springs
Founded in 1997, We Buy Houses is a property investment firm that acquires homes in their current condition, eliminating the need for repairs or renovations. Following a walk-through and evaluation, the team presents a no-obligation cash offer, which remains valid for 30 days.
Once accepted, transactions can close in as little as 7 to 10 days. The company is committed to delivering a clear, efficient selling experience tailored to each homeowner’s needs.
Locations: Colorado Springs and surrounding areas, such as Denver, Breckenridge, New Castle, Steamboat Springs
Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
With a focus on reliability, We Buy Houses has been accredited by the Better Business Bureau (BBB) since 2020 and currently enjoys an A+ grade. It has 3.7 out of 5 stars on Google, with a range of feedback from clients, reflecting both positive and negative experiences.
Some sellers describe their interactions as excellent, giving the company five-star ratings and highlighting smooth, successful transactions. Others, however, have expressed concerns about the company’s outreach methods, particularly regarding unsolicited calls lacking clear identification. While many are satisfied with the service, not all experiences have been universally positive.
Website: webuyhouses.com
Phone: 719-722-2588
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Colorado Springs (and across the country) can request a cash offer for their home. Its platform 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 Colorado Springs.
With Simple Sale, you can get an all-cash offer in as few 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 Colorado Springs
Closing costs: No prep costs, no agent commissions, and no 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 now maintains 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
True Homes
True Homes has a proven track record of acquiring and selling hundreds of properties across Denver and the surrounding areas. The company offers a streamlined alternative to traditional listings, ideal for homeowners seeking speed and convenience.
Sellers can expect a cash offer within 24 hours of providing property details. If the offer is accepted, TrueHomes allows clients to choose their preferred closing date, making the process both flexible and efficient.
Locations: Throughout Colorado, including Colorado Springs
Closing costs: Sellers pay no closing costs; True Homes covers them.
Committed to ethical standards, True Homes has been BBB accredited since 2020 and currently reflects an A+ rating. Its Google Business Profile reflects a strong 4.7-star average based on client reviews.
Clients say the company stands out for its empathy and attention to complex family situations, especially when dealing with aging homeowners. Many highlight the team’s willingness to accommodate sensitive requests, praising their professionalism and compassion throughout emotional transitions.
Website: gotruehomes.com
Phone: 719-350-5763
We Buy Ugly Houses® Colorado (HomeVestors®)
We Buy Ugly Houses is a subsidiary of HomeVestors, a company that launched in 1996 and helped shape the franchise model within the home-buying industry. With a long-standing presence and a recognized brand, it has grown into one of the most established names in the field. Its nationwide network of independently owned franchises has purchased more than 150,000 properties since its inception.
The house-buying process begins with an in-person consultation to evaluate the home and answer any seller’s questions. This is followed by a brief period to prepare a formal offer. Once the contract is signed, sellers have three days to review their decision, and closing timelines are tailored to meet individual needs.
Locations: Nationwide, including Colorado Springs
Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.
HomeVestors has been BBB accredited since 2016 and holds an A+ rating. Its Google Business Profile shows a 5-star average, reflecting consistent client satisfaction.
Clients say the company offers prompt, professional, and compassionate service, with clear guidance provided throughout the process. Many note how well the team communicates and supports sellers, making the overall experience smooth, respectful, and reassuring from start to finish.
Website: webuyuglyhouses.com
Phone: 866-200-6475
The Buy-Out Company, Colorado Springs
Founded in 2010, The Buy-Out Company has invested almost $800 million in properties throughout Denver and nearby markets, including Colorado Springs. Led by general partners Doug Perry and Bob Hothem, who bring over 80 years of combined real estate experience, the company is known for its deep market expertise.
Sellers receive a cash offer within 24 hours of the initial meeting, with the option to close in as little as four business days, though flexible timelines are available. The Buy-Out Company purchases homes in any condition, including those with structural damage, financial distress, or tied to estate settlements.
Locations: Denver and surrounding areas, including Colorado Springs
Closing costs: Sellers pay no closing costs; the Buy-Out Company covers them.
The Buy-Out Company has been BBB accredited since 2013 and currently enjoys a rating of 5 stars and an A+ rating. Customer reviews emphasize the speed and ease of transactions and the staff’s professionalism. Past clients express satisfaction with the offers they received. Meanwhile, Google reviewers give the company 4.7 stars.
Website: thebuyoutcompany.com
Phone: 303-557-2266
Express Homebuyers, Colorado Springs
Founded in 2003, Express Homebuyers is a nationwide real estate investment firm known for purchasing homes in any condition, including those affected by fire or water damage. With more than 4,000 transactions completed, the company has built a reputation for offering dependable, fast-paced solutions to homeowners needing to sell quickly.
It provides cash offers within 24 hours of initial contact and can complete closings in as little as seven days. By removing the need for repairs, inspections, or agent commissions, Express Homebuyers simplifies the selling process.
Locations: Nationwide, including Colorado Springs
Closing costs: Sellers pay no closing costs; Express Homebuyers covers them.
Noted for its business integrity, Express Homebuyers has been BBB accredited since 2004 and currently has an A+ rating. Customers appreciate the flexibility of closing, particularly when a tenant still occupies the property, and the fairness of offers.
However, some national reviewers express dissatisfaction with what they believe is a lack of communication and the large volume of marketing materials they receive. The house-buying company has a 4.4-star rating on Google.
Website: expresshomebuyers.com
Phone: 877-804-5252
Why sell your Colorado Springs 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 Colorado Springs, selling a home on the open market using an agent typically takes about 77 days. That includes an average of 36 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 typical seven to 10 days promised by many house-buying companies in Colorado Springs, 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.
These companies are becoming increasingly popular, especially among sellers who don’t have the time to spend weeks or months preparing, marketing, and closing on a traditional home sale. Let’s look at some of the most common reasons Colorado Springs sellers decide to use a We Buy Houses for Cash company over listing a property the traditional way.
- Job relocation: You need to move quickly for a new job and can’t wait for a traditional home sale.
- Divorce settlement: You want to quickly divide real estate assets and move on with your life.
- Unwanted inheritance: You’ve inherited a house and prefer a quick sale to dealing with maintenance or renting.
- Downsizing transition: You’re looking to move into a smaller home or retirement community without the hassle of prepping and showing your current home.
- Repairs needed: Your home is in poor condition and requires significant repairs that you can’t afford or don’t want to manage.
- Traditional sale hassles: You prefer to avoid the stress and inconvenience of multiple showings and open houses.
- Structural damage: Your home has foundation problems, making it less attractive to traditional buyers.
- Foreclosure solution: You’re facing foreclosure and need to sell quickly to settle your debts.
- Problem tenants: You’re a landlord tired of managing tenants and want to sell your rental property quickly.
- Remote home sale: You own a property in Colorado Springs but live elsewhere and want the ease of an out-of-state cash sale that eliminates the need to travel back and forth.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a top We Buy Houses for Cash company in Colorado Springs might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Colorado Springs
We Buy Houses for Cash companies in Colorado Springs offer speed and convenience, but you might be having trouble balancing these with the premium you might pay for a cash-offer service. In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better consider your options.
Pros of We Buy Houses for Cash in Colorado Springs
One of the biggest advantages of working with We Buy Houses for Cash companies in Colorado Springs 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 are some other pros to consider:
- Speedy transaction: You typically can sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer with few or no contingencies. We Buy Houses companies have refined their transaction methods to clear away many traditional roadblocks so sellers can plan with more confidence.
- No repairs: If your home needs repairs you can’t afford, you don’t have the desire or time to tackle improvement projects, you can skip them altogether.
- Less hassle: You won’t need to worry about showings, open houses, offer comparisons, negotiations, low appraisals, or the risk of the buyer’s financing falling through. When you work with a reputable We Buy Houses for Cash company in Colorado Springs, you’re likely going to experience a smooth journey from offer to close.
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 of We Buy Houses for Cash in Colorado Springs
When considering an offer from a We Buy Houses site, 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-priced offers: Most companies follow the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), the value that your house could sell for on the market once it’s all fixed up, minus repair costs. This means the cash offer you receive may be markedly lower than what you could get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying company’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables the company to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- Untrustworthy company: As with any industry, there’s a risk of falling in with a less trustworthy company. Some may pose as legitimate cash-offer outfits but are actually involved in house-buying scams.
- Pressure tactics: We Buy Houses for Cash companies know that homeowners in need of a quick sale are often facing a desperate situation. While many offer real solutions, some companies take advantage of this urgency by applying pressure tactics. If you feel pressured to accept an offer, step away and reassess your options. There are a good number of established We Buy Houses for Cash companies in Colorado Springs from which to choose.
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 choose to work with one of these We Buy Houses for Cash companies.
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 are a solid way to sell property quickly or access cash for an expected life challenge. However, the cash-for-your-home rehabbing business model has also led to what some housing advocates say are 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 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. And, of course, read the buying agreement carefully before signing.
Get a home value estimate
Before committing to a We Buy Houses for Cash company, consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then compare cash offers to what a top agent might get for your home.
HomeLight can connect you with a top-performing agent in your market. You can also use our free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.
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.
Other options to sell your home quickly
Working with iBuyers
Within the cash-for-homes industry, you’ll also 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 automated valuation models (AVMs), which use algorithmic technology to apply historic and current market data to their estimates.
AVMs allow iBuyers to make a near-instant offer on your home and provide a user-friendly, mostly online home sale experience. With this, they can close a sale in a matter of days to a few weeks. However, unlike typical We Buy Houses for Cash companies, iBuyers generally seek out homes that are in better condition and usually provide cash offers that are closer to market value, typically in the 90% range.
When considering this option, it’s important to note that major iBuyer companies like Opendoor and Offerpad typically charge sizable service fees that can range between 5% and 6% of the home’s sale price.
Sellers who may be a good fit to work with an iBuyer in Colorado Springs 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
If your home is in a seller-friendly housing market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
What’s more, selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This market report calculates the home’s value based on its size, features, location, age, and other details in relation to similar properties that have recently sold in the area.
A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell. In addition, an experienced agent who knows your market may even connect you with cash buyers who are willing to pay closer to your home’s market value.
Many agents will provide a free CMA, with no obligation to list your home with them. It can be a valuable tool to evaluate your options. If, in the end, you decide to sell to a house-buying company, you can proceed with more confidence, knowing you fully examined your options and made a sound financial decision.
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 Colorado Springs house-buying companies
By and large, most We Buy Houses for Cash companies 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 legitimate.
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 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), 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 Colorado Springs Colonial home could sell for $470,000 after repairs, but it’s going to need $25,000 of work to get there.
($470,000 x .70) – $25,000 = $304,000
In this example, a Colorado Springs We Buy Houses company might offer you about $304,000 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 the market value while charging a fee for their services.
When you accept an offer from a We Buy Houses for Cash company, you’re balancing two key factors. On the plus side, there are usually no extra costs, as these companies manage most of the process after the offer is accepted. However, the downside is that you’ll probably receive less money for your home compared to a traditional sale.
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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to ask the company if there are any hidden program fees that might affect your bottom line.
- Research and vet the house-buying companies that serve your area. 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. Evaluate 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 Colorado Springs vs. top Colorado Springs 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 Colorado Springs | Sell with a top Realtor® in Colorado Springs |
| Selling timeline | 7 to 30 days | 77 days average; 36 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 / 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 Craftsman-style home in Colorado Springs is currently worth about $445,000 and needs about $25,000 in repairs. After repairs, the home might be worth about $470,000.
| Sell to a We Buy Houses for Cash company in Colorado Springs | Sell with a top Realtor® in Colorado Springs | |
| Estimated sale price | ($470,000 x .70) – $25,000 = $304,000 | $445,000 |
| Market preparations | 0 | $4,450 (1% of the sale price) |
| Agent commissions | 0 | $13,350 (3% of the sale price) |
| Closing costs | 0 | $6,675 (1.5% of the sale price) |
| Estimated take-home for seller | $304,000 | $420,525 |
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, convenient sale: We Buy Houses for Cash companies in Colorado Springs can help you sell your home in as few as seven days without repairs, open houses, or showings.
- Due diligence: There are a number of reputable cash-for-homes companies serving Colorado Springs, but it’s important to vet each potential partner thoroughly to ensure they align with your selling goals.
- Quick sale alternatives: Using a We Buy Houses company could mean leaving a significant amount of money on the table compared to an agent-assisted or iBuyer sale.
- Legitimate cash buyers: HomeLight’s Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Colorado Springs. Because the platform has partner investors with different buying parameters across the region, 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 Colorado Springs sellers in need of a quick home sale, but it’s important to consider both the benefits and drawbacks. When it comes to selling your home, it’s wise to avoid making any hasty decisions.
Before making a commitment to a cash-for-homes company, gather multiple offers and take the time to weigh your options. Consider consulting with a top agent for expert insights on how soon and for how much your property might sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs.
Editor’s note: This post is for educational purposes only. Links to and mentions of Colorado Springs 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.
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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.