We Buy Houses Murrieta: 5 Top Companies

The allure of quick, hassle-free home sales is drawing more homeowners to “We Buy Houses” Murrieta companies. These firms make direct, all-cash offers, which are well-suited to properties requiring significant repairs. This option is typically good for homeowners who need to sell fast but can’t afford to make the necessary repairs to their homes.

This article will guide you through the pros and cons of selling your home for cash in Murrieta, along with giving you a brief introduction to how the process works, what you can expect, and alternatives for selling your home quickly.

Sell Your House Fast in Murrieta With a Cash Offer

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Working with house-buying companies in Murrieta

Selling your home in Murrieta to a house-buying company is pretty simple, but there are some things you should know. Here’s a quick look at the process of selling a house for cash:

  1. Research companies: Start by looking up reputable house-buying companies in Murrieta. Ensure they have a solid track record and positive reviews from previous sellers.
  2. Submit your details: Contact your chosen company to provide details about your property. This usually involves filling out a form on their website or making a direct call.
  3. Complete the inspection: The company will inspect your property to confirm its condition. This step is more about verification than negotiation.
  4. Receive an offer: Based on the key property information, the company will present you with a cash offer, often within a few days or, in some instances, after the inspection.
  5. Accept the offer: If you’re satisfied with the offer, you can accept it. Remember, these offers are typically non-negotiable, so what you see is what you get.
  6. Close the sale: Once everything is agreed upon, you’ll set a closing date. The company usually handles all paperwork, and you receive your cash on the closing day, enabling you to move forward quickly.

Popular We Buy Houses for Cash companies in Murrieta

If the process of selling to a house-buying company in Murrieta 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 parents’ property. By selling to one of these companies, you can sell your Murrieta home in as little as a week or two.

SoCal Home Buyers

SoCal Home Buyers is a reputable home buying company helping homeowners across Southern California sell their houses quickly and easily. Whether the property is outdated, in disrepair, or simply challenging to manage, the company provides a clear and efficient solution that requires no repairs or cleaning from the homeowner.

The process is straightforward: submit your information, receive a fair cash offer within 24 hours, and close on the timeline that suits you best, even in as little as seven days. Since the firm buys houses in as-is condition, homeowners have to worry about making them market-ready.

Locations: Murrieta, other areas in Riverside County, and surrounding locations, such as San Bernardino, Orange, Los Angeles, and San Diego

Closing costs: Sellers pay no closing costs; SoCal Home Buyers covers them.

Simple Sale (a HomeLight platform)

Simple Sale, a solution from HomeLight, is an online platform where sellers in Murrieta (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 Murrieta.

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 Murrieta

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Casey Buys Houses Murrieta

Casey Buys Houses is a family-owned business run by Casey and Jillian TeVault, a husband-and-wife team. It’s committed to offering win-win solutions for homeowners facing tough situations, including foreclosure, probate, or burdensome properties. The company takes the time to understand each client’s unique circumstances and work towards a solution that helps ease the stress. Whether it’s selling quickly or simplifying the process, their goal is to help you move forward with ease.

Locations: Murrieta and surrounding areas, such as Chino, Ontario, Victorville, and Moreno Valley

Closing costs: Sellers pay no closing costs; Casey Buys Houses covers them.

We Buy Houses Murrieta

Founded in 1997, WeBuyHouses.com buys houses in any condition across 200 markets and 30 states. It accommodates homes, condos, land, and various types of real estate in different price ranges. Having served over a million homeowners, it presents cash offers to sellers dealing with difficult situations, including those behind on their mortgage or facing foreclosure.

WeBuyHouses.com offers a streamlined, four-step process designed to make selling real estate simple and efficient. Clients begin by submitting their property information, after which a home viewing is scheduled, followed by a fair cash offer. If the offer is accepted, the sale moves forward without delay.

Locations: Nationwide, including Murrieta

Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.

Priority Home Buyers

Established in 2008 in Las Vegas, Nevada, Priority Home Buyers has built a reputation for delivering efficient and transparent home sale solutions. The company specializes in presenting fair and competitive cash offers within 15 minutes, enabling closings in as little as seven days. Backed by a team of licensed professionals, Priority Home Buyers is committed to providing homeowners with a seamless, reliable alternative to traditional real estate transactions.

Locations: Nationwide, including Murrieta

Closing costs: Sellers pay no closing costs; Priority Home Buyers cover them.

Why sell your Murrieta house for cash?

There are plenty of valid reasons a Murrieta home seller may choose to work with a cash-for-homes company. The main benefits are speed, certainty, and remarkable convenience.

In Murrieta, selling a home on the open market using an agent typically takes around 86 days. That includes an average of 45 days on the market 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 Murrieta, 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.

Here’s a look at scenarios where opting for a cash offer could make sense:

  • Job relocation: If you’re moving for a new job, a cash sale offers a quick and straightforward way to sell your home and relocate without delay.
  • Divorce settlement: Simplify the division of assets during a divorce by opting for a fast, cash sale of your shared home.
  • Unwanted inheritance: Selling an inherited property quickly for cash can reduce the stress and complexity of managing estate affairs.
  • Downsizing transition: For those looking to downsize, a cash sale is a quick path to moving into a more manageable living space.
  • Extensive repairs: Selling a house in poor condition can be daunting. Cash buyers often purchase homes ‘as-is,’ eliminating the need for costly fixes.
  • Open house inconvenience: Avoid the stress and intrusion of open houses by selling your home directly for cash.
  • Foundation issues: Homes with significant foundation problems can be hard to sell traditionally, making a cash offer more attractive.
  • Foreclosure solution: A cash sale can provide a way out for homeowners facing foreclosure, potentially preserving credit and avoiding legal troubles.
  • Difficult tenants: If you’re dealing with problematic tenants in a rental property, a cash sale can offer a clean break.
  • Remote home sale: For those selling a house from out of state, a cash sale minimizes complications and the need for travel.

Pros and cons of house-buying companies in Murrieta

Working with house-buying companies has its ups and downs. Here are some pros and cons that you should consider:

Pros:

  • Fast sale: The process is quick, often closing within a week, which is ideal for sellers needing to relocate or access funds swiftly.
  • “As-is” transaction: These companies buy your home as-is, meaning you don’t need to spend money on repairs or staging your property for sale.
  • No more open houses: Selling to a cash buyer eliminates the need for multiple showings and open houses, saving time and maintaining privacy.
  • Simplified process: The sale involves fewer contingencies, making the transaction smoother and less stressful than traditional sales.

However, the convenience of selling to a house-buying company in Murrieta comes with challenges, including potentially receiving less than your home’s market value. Expect these drawbacks when you partner with cash-for-homes firms:

Cons:

  • Below market value: Offers from these companies are usually below market value, meaning you might receive less compared to selling through an agent.
  • Limited negotiation: The price offered is often non-negotiable, giving sellers less control over the final sale price.
  • Scam risk: While many companies are legitimate, there’s a higher risk of encountering house-buying scams in the cash-for-homes sector.
  • Less profit: Even considering the savings on repairs and commissions, the net profit might still be less than selling the traditional way.

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 considering a We Buy Houses for Cash company in Murrieta, it’s important to remember that the integrity and service level offered can significantly differ from one buyer to another. Your experience will largely depend on the character and professionalism of the person or entity making the offer.

Before you commit to a cash sale, take the time to vet the company thoroughly. Look up reviews, read testimonials from previous sellers, and research their market presence and performance.

Additionally, understanding the true value of your Murrieta home is crucial before accepting any cash offer. Don’t rush into signing the buying agreement without carefully reading its terms. Knowing your home’s worth is essential to gauge the fairness of the offer properly.

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 try HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.

Other options to sell your Murrieta home quickly

Working with iBuyers: Instant buyers, known as iBuyers, use automated valuation models (AVMs) to offer near-market value for homes in good condition quickly. The process is streamlined and mostly online, and closing takes a few days to two weeks. iBuyer companies like Opendoor and Offerpad charge service fees of 5% to 6%, and this option is best suited for homogeneous housing markets and well-maintained properties.

Listing with an agent: While selling through a house-buying company offers speed, listing with a top real estate agent can also result in a quick sale if your home is in a seller-friendly market and well-marketed. Agents bring the potential for higher selling prices and provide valuable insights through a comparative market analysis (CMA), which is often free. This analysis helps set a competitive listing price.

Partnering with an experienced agent might lead to cash offers close to market value. For those considering this route, HomeLight can connect you with top-performing agents in your area.

FAQs on Murrieta house-buying companies

We Buy Houses for Cash in Murrieta vs. top Murrieta 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 Murrieta Sell with a top Realtor in Murrieta
Selling timeline 7 to 30 days 86 days average; 45 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 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 Murrieta is currently worth about $625,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $650,000.

Sell to a We Buy Houses for Cash company in Murrieta Sell with a top Realtor in Murrieta
Estimated sale price ($650,000 x .70) – $25,000 = $430,000 $625,000
Market preparations 0 $6,250 (1% of the home’s sale price)
Agent commissions 0 $18,750 (3% of the home’s sale price)
Closing costs 0 $9,375 (1.5% of the home’s sale price)
Estimated take-home for seller $430,000 $590,625

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

  • Sell fast: Selling to a house-buying company in Murrieta offers a fast and straightforward sale process.
  • Leave your home as is: You can sell your home in its current condition without worrying about repairs or renovations.
  • Expect below-market-value offers: Be prepared to receive offers that may be below the market value of your home.
  • Vet buyers: It’s crucial to research and evaluate house-buying companies thoroughly to avoid scams and ensure a fair deal.
  • Explore all options: Consider all your selling options, including partnering with iBuyers and listing with an agent, to find the best fit for your needs.
  • Seek professional advice: Consulting with a top Murrieta agent can provide valuable insights into your home’s market value and selling potential.
  • 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 Murrieta agent.

Editor’s note: This post is for educational purposes only. Links to and mentions of Murrieta 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: (Jose Rago / Unsplash)