We Buy Houses Murrieta: 5 Top Companies
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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.
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.
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:
- 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.
- 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.
- Complete the inspection: The company will inspect your property to confirm its condition. This step is more about verification than negotiation.
- 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.
- 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.
- 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.
SoCal Home Buyers has been BBB accredited since 2018 and maintains an A+ rating from the Better Business Bureau (BBB). Its Google Business Profile holds a high 4.8-star rating. Clients say the company consistently delivers a fair, straightforward experience, even in high-pressure situations. From unexpected tenant move-outs to time-sensitive probate cases, homeowners found the team responsive, professional, and empathetic. Sellers appreciated how flexible and accommodating the process was, especially when dealing with tight timelines or managing the sale from out of state.
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 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.
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 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
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.
Casey Buys Houses holds an impressive 5.0 Google star rating. Clients say working with the company was a smooth, hassle-free experience from start to finish. They highlight the team’s professionalism, clear communication, and attention to detail. Many felt guided and supported throughout the process, with all their questions answered. The results often exceeded expectations, making this housebuying firm highly recommended.
Website: caseybuyshouses.com/murrieta-ca
Phone number: 909-455-9496
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.
WeBuyHouses.com has been BBB accredited since 2020 and has an A+ rating. Its Google review ratings vary depending on the local office. In general, many appreciate the team’s professionalism, fairness, and willingness to go the extra mile. Sellers especially value how the company handles “as-is” sales with care, clear communication, and helpful accommodations that make the process stress-free.
Website: webuyhouses.com/CA/murrieta
Phone number: 877-932-8946
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.
Priority Home Buyers has been BBB accredited since 2023 and holds an A+ rating. It maintains an exceptional 5.0-star Google star rating. Clients noted a smooth, satisfying selling experience with the company. They especially appreciate the team’s flexibility, especially when it comes to working around individual schedules and timelines. Many highlight how the offers were better than expected, and the overall process felt fair, straightforward, and stress-free from start to finish.
Website: priorityhomebuyers.com
Phone number: 877-399-1777
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.
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
By and large, most We Buy Houses for Cash companies in Murrieta 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 that it’s legit.
That said, 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 BBB website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Murrieta 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 take a look at an example offer equation. Let’s say your Murrieta Cape Cod home could sell for $630,000 after repairs, but it will need $30,000 of work to get there.
($630,000 x .70) – $30,000 = $411,000
In this example, a Murrieta We Buy Houses company might offer you around $411,000 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 Murrieta We Buy Houses for Cash company, you will likely come 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 the offer 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 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 flat-out ask the company for any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Murrieta 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 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)