5 of the Top We Buy Houses for Cash Companies in Waukesha
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
“We Buy Houses” Waukesha companies are growing in popularity, as they offer a quick way to sell properties that might need a bit of TLC. For homeowners who find themselves short on time, lack the expertise for home repairs, or need to free up funds quickly, a cash sale can free up your time and energy, and let you dispose of your property quickly.
This post will dive into the pros and cons of working with house-buying companies in Waukesha, helping you weigh your options thoroughly and make an informed decision about selling your home for cash.
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Waukesha.
Sell Your House Fast in Waukesha With a Cash Offer
Working with house-buying companies in Waukesha
Working with house-buying companies in Waukesha offers a straightforward path to sell your home quickly. If you’re looking for a fast, no-fuss sale, here are the basic steps behind the process of selling your home for cash:
- Find a reputable company: Start by researching and selecting a trustworthy cash-for-homes company in Waukesha. Look for reviews and testimonials to gauge their credibility.
- Submit your property details: Reach out to the company with information about your property. This usually involves filling out a form on their website or contacting them directly.
- Receive a home visit: The company will likely schedule a visit to assess your home’s condition. This step helps them make a fair cash offer.
- Get an offer: After the evaluation, the company will present you with a cash offer. Remember, most offers are final and not open to negotiation.
- Accept the offer: If it meets your expectations, you can accept it to proceed with the sale.
- Close the sale: The final step involves closing the sale, which can happen in as little as a week. You’ll receive cash for your home, allowing you to move on to your next chapter quickly.
Popular We Buy Houses for Cash companies in Waukesha
If the process of selling to a house-buying company in Waukesha 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 you or your parents’ property, whether that’s a Victorian home or a Craftsman home. By partnering with one of these companies, you should be able to sell your Waukesha home in as little as a week or two.
Plan B HomeBuyers
Plan B HomeBuyers offers a simplified solution for homeowners in Waukesha looking to sell their property quickly. Unlike the traditional route that often involves agent fees, repairs, and lengthy timelines, their process is direct and efficient.
Clients can expect a no-obligation cash offer within 24 hours, with the option to speak directly to a representative for personalized assistance. The company is equipped to handle a wide range of situations and can complete sales in as little as seven days.
Locations: Milwaukee and surrounding areas, including Waukesha
Closing costs: Sellers pay no closing costs; Plan B HomeBuyers covers them.
Accredited by the Better Business Bureau (BBB) since 2010, Plan B HomeBuyers boasts an A+ rating from the bureau. It has 4.7 stars on Google, with several clients sharing that the company is a reliable choice for those needing to sell a home quickly.
The team is known for being professional, honest, and easy to work with. Sellers appreciate their prompt handling of transactions and fair offers, noting that their deep market knowledge makes the process smooth and stress-free.
Website: planbhomebuyers.com
Phone number: 414-431-2650
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Waukesha (and across the country) can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the U.S.
Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Waukesha.
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 Waukesha
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 BBB accreditation in 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
Cream City Home Buyers
Founded in 2016, Cream City Home Buyers offers a streamlined solution for homeowners seeking to sell their property quickly and without hassle. No matter the circumstances, whether financial strain, inherited property, or any other real estate challenge, the team is equipped to provide a practical path forward.
A representative typically contacts interested sellers within 24 to 48 business hours to schedule a property walkthrough. While this occurs, a title and lien search is initiated, usually completed within one to two weeks. Once all details are confirmed, closings can take place in as little as three to seven days.
Locations: Milwaukee, Waukesha, Ozaukee, and Racine counties
Closing costs: Sellers pay no closing costs; Cream City Home Buyers covers them.
Recognized for its transparent and honest service, Cream City Home Buyers has been BBB accredited since 2018 and has an A+ standing. On Google, it boasts a perfect 5-star rating, thanks to the customer testimonials it received from satisfied clients.
Clients describe Cream City Home Buyers as professional, fair, and easy to work with. Many say they felt genuinely motivated to sell after receiving a strong offer, especially compared to others in the market. The team’s straightforward process and helpful approach left sellers confident they made the right choice.
Website: creamcityhomebuyers.com
Phone number: 414-488-0082
414 HomeBuyers, LLC
414 HomeBuyers is a trusted real estate investment firm serving Milwaukee and the surrounding areas. It offers homeowners a swift and stress-free way to sell their properties. The company specializes in assisting individuals dealing with foreclosure, inherited homes, or unwanted properties that may be difficult to sell through conventional methods.
With a streamlined approach, 414 HomeBuyers provides no-obligation cash offers within 24 hours. In many cases, closings can be completed in just 3 days.
Locations: All of Wisconsin, including Waukesha
Closing costs: Sellers pay no closing costs; 414 Homebuyers covers them.
414 Homebuyers has been accredited by the BBB since 2022 and holds an A+ rating. Receiving praise from past clients, its Google Business Profile earned a high average score of 4.8 stars.
Clients say working with 414 Homebuyers is a smooth and professional experience. They appreciate the team’s transparency, patience, and reassuring support throughout the process, even when unexpected issues come up. Many sellers recommend the company to anyone looking for a reliable and stress-free way to sell their home.
Website: 414homebuyers.com
Phone number: 414-509-0222
Fair Deal Home Buyers LLC
Fair Deal Home Buyers, established in 2012, offers homeowners a simple, cost-free way to sell their property. With zero fees, no closing costs, and the highest possible off-market price, clients can sell their homes without the hassle of repairs, cleanups, or showings.
Properties are purchased in as-is condition, making the process fast and convenient. Sellers can close in as little as 10 days or choose a timeline that works best for them, up to 60 days.
Locations: Milwaukee and surrounding areas, including Waukesha
Closing costs: Sellers pay no closing costs; Fair Deal Home Buyers LLC covers them.
Respected for ethical practices, Fair Deal Home Buyers has been accredited by the BBB since 2018 and holds an A+ rating. On Google, it achieved a high average review score of 4.8 stars.
Clients often highlight Fair Deal Home Buyers’ knack for solving problems and making the selling process feel smooth and stress-free. The team exercises transparency, which builds real trust and takes a lot of the pressure off for home sellers.
Website: fairdealhomebuyers.com
Phone number: 414-409-8251
Why sell your Waukesha house for cash?
There are several reasons why a Waukesha home seller may choose to work with a Cash-For-Homes company: speed, certainty, and remarkable convenience.
In Waukesha, selling a home on the open market using an agent typically takes around 69 days. That includes an average of 29 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 Waukesha, 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 are some of the most common reasons Waukesha homeowners choose to sell their homes for cash:
- Job relocation: When you’re relocating for a job and need to move quickly, selling for cash can simplify the transition.
- Divorce settlement: Divorce can necessitate a fast, straightforward sale of shared property to divide assets with minimal stress.
- Unwanted inheritance: Dealing with an inherited home can be overwhelming, especially if you prefer a quick sale over managing repairs or tenants.
- Downsizing transition: If you’re looking to downsize, selling for cash can expedite finding your next, more manageable home.
- Extensive property repairs: A cash sale eliminates the need to fix up a home in poor condition because house-buying companies purchase properties as is.
- Open house stress: If you prefer not to deal with the inconvenience of open houses, a cash sale offers privacy and ease.
- Foundation issues: Homes with foundation problems can be difficult to sell traditionally, making an as-is transaction with a house-buying company more attractive.
- Foreclosure solution: If you’re facing foreclosure, a quick cash sale can help settle debts and avoid further financial distress.
- Problematic tenants: For landlords dealing with difficult tenants, selling for cash provides an escape route.
- Remote home sale: By working with a house-buying company, you can easily sell your home from out of state without worrying about preparations or repairs that would require traveling frequently.
Pros and cons of house-buying companies in Waukesha
Selling your Waukesha home to a house-buying company offers a unique set of advantages, particularly if speed and convenience are your top priorities.
These companies buy homes in any condition, eliminating the need for costly repairs or preparations.
Here’s a quick look at the key benefits:
- Speedy sale: Companies can close on your property in as little as a week, offering a fast route to liquidate your asset.
- No need for repairs: Your home will be purchased as-is, saving you the time and expense of making it market-ready.
- Simplified process: The sale involves fewer contingencies, making for a smoother and more predictable closing process.
- No more traditional sale hassles: You won’t need to stage your home, schedule open houses, or navigate the ups and downs of the traditional real estate market.
However, selling to a house-buying company in Waukesha has drawbacks. The most significant downside is receiving an offer below market value, which could mean less profit compared to selling your home with an experienced real estate agent.
Here’s a summary of the key drawbacks:
- Lower offers: Expect offers that are less than what you might achieve on the open market to reflect the convenience and speed of the transaction.
- Scam risks: While many companies are reputable, the industry has its share of house-buying scams, which is why due diligence is important.
- Limited negotiation: The price offered is often non-negotiable, giving sellers little room to maneuver.
- Lack of local market insight: Some national companies may not have detailed knowledge of the Waukesha market, potentially affecting the offer you receive.
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.
Curious What Your Home Is Worth?
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary. This is because many businesses are franchises and often use independent investors or wholesaling outfits.
Before committing to a cash offer, take these important steps:
- Vet the company thoroughly: Check reviews, read testimonials, and research its presence and performance in the market.
- Review the terms: Read the buying agreement carefully before signing.
- Talk to a professional: Consult with an experienced local agent to better understand 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 and give you an initial ballpark estimate of your property value through our Home Value Estimator.
Other options to sell your Waukesha home quickly
If you want an alternative to selling your home to a We Buy Houses company, you have options. Here are two of the most notable examples:
Working with iBuyers: Instant buyers, known as iBuyers, offer a quick, mostly online selling experience. They use automated valuation models to make fast, all-cash offers.
However, they charge service fees of 5% to 6% of the home’s sale price. Moreover, major iBuyer companies like Opendoor and Offerpad only accommodate homes in good condition.
Listing with an agent: Despite the quick-sale appeal of cash-for-homes options, don’t overlook the potential benefits of working with a real estate agent. In seller-friendly markets, a top agent can secure a fast sale at a price that might surpass offers from house-buying companies.
Agents provide valuable insights through a comparative market analysis (CMA), which is often free, to help set a competitive price for your home. For those still considering their options, HomeLight can connect you with a top-performing agent to explore the best route for your situation.
FAQs on Waukesha house-buying companies
By and large, most We Buy Houses for Cash companies in Waukesha are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Waukesha 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 Waukesha Victorian house could sell for $405,000 after repairs, but it’s going to need $25,000 of work to get there.
($405,000 x .70) – $25,000 = $258,500
In this example, a Waukesha We Buy Houses company might offer you around $258,500 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Waukesha We Buy Houses for Cash company, you will likely be coming to grips with a two-edged sword. On the one side, 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 side, 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 Waukesha 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. 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 Waukesha vs. top Waukesha 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 Waukesha | Sell with a top Realtor in Waukesha |
| Selling timeline | 7 to 30 days | 69 days average; 29 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’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 home in Waukesha is currently worth about $380,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $405,000.
| Sell to a We Buy Houses for Cash company in Waukesha | Sell with a top Realtor in Waukesha | |
| Estimated sale price | ($405,000 x .70) – $25,000 = $258,500 | $380,000 |
| Market preparations | 0 | $3,800 (1% of the sale price) |
| Agent commissions | 0 | $11,400 (3% of the sale price) |
| Closing costs | 0 | $5,700 (1.5% of the sale price) |
| Estimated take-home for seller | $258,500 | $359,100 |
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
- Speedy transaction: Selling to a house-buying company in Waukesha means you can close quickly, often within a week.
- As-is sale: You can sell your home in its current condition without worrying about repairs or renovations.
- Simple process: The sale process is straightforward, with fewer steps and less paperwork than traditional real estate transactions.
- Lower offers: Be prepared for offers that may be below market value compared to selling through an agent.
- Due diligence: Investigate potential buyers to avoid scams and ensure you’re working with a reputable company.
- Other selling avenues: Weigh the benefits of selling for cash against the potential of a higher sale price on the open market.
- Home valuation: Know your property’s estimated market value before you proceed with a cash-offer company to avoid accepting an extremely low offer.
At HomeLight, we’re happy to help you navigate 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-performing agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Waukesha 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: (paulbr75/ Pixabay)
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