5 Top We Buy Houses for Cash Companies in Anaheim
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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.
Need to sell your Anaheim home fast? “We Buy Houses” companies could hold the key.
These businesses specialize in buying houses directly from homeowners, often offering cash and taking properties that require work. This can be a tempting solution if you need a quick sale and lack the time, money, or expertise for traditional repairs and listings.
This post will serve as a guide to the ins and outs of selling your home for cash, breaking down how the process works, the pros and cons, and some alternatives for selling your home quickly.
Sell Your Anaheim House Fast With a Cash Offer
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 Anaheim.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Anaheim area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Anaheim
Selling your home to a house-buying company is a simple process, but there are a few steps you should know. Here’s a quick look at how it works, step by step:
1. Research companies: Start by looking into reputable house-buying companies in Anaheim. Ensure they have a strong track record and positive reviews from previous clients.
2. Submit property details: Contact your chosen company with details about your home. This typically involves filling out a form on their website or contacting them directly.
3. Receive an offer: After reviewing your property details, the company will likely make an all-cash offer. This process can be incredibly fast, sometimes within 24 hours.
4. Accept the offer: You can accept it if it meets your expectations. Remember, these companies usually present a take-it-or-leave-it deal with little room for negotiation.
5. Close the sale: The closing process is often swift with cash buyers, sometimes completed in as little as a week. This step finalizes the sale, transferring ownership and funds.
6. Move out: Once everything is finalized, you’ll move out of your home according to the agreed-upon timeline, allowing you to proceed with your next life chapter.
Popular We Buy Houses for Cash companies in Anaheim
If the process of selling to a house-buying company in Anaheim 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’ craftsman, Spanish, or mission revival styles. By selling to one of these companies, you can sell your Anaheim home in as little as a week or two.
Priority Home Buyers
Priority Home Buyers was founded in Las Vegas, NV, in 2008. They offer a streamlined process where homeowners can receive fast, fair, and competitive cash offers within one hour, leading to quick closings in as little as seven days.
Locations: Nationwide, including Anaheim
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. Priority Home Buyers maintains an exceptional 5.0 Google star rating based on over 20 reviews. A recent customer shared their experience, noting the team’s empathetic, respectful, and transparent approach.
Website: priorityhomebuyers.com/sell-my-house-fast-anaheim-california
Phone number: 877-399-1777
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Anaheim (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 Anaheim.
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 Anaheim
Closing costs: No prep costs, agent commissions, or 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
SoCal Home Buyers
SoCal Home Buyers is a professional real estate investment company that assists homeowners with properties they need to sell quickly or are causing problems. Their straightforward seller agreement paperwork and ability to close in as little as seven days ensure an easy, painless transaction, allowing sellers to save money on repairs, fees, closing costs, and commissions.
Locations: San Bernardino, Riverside, Los Angeles, San Diego, and Orange counties
Closing costs: Sellers pay no closing costs; SoCal Home Buyers cover them.
SoCal Home Buyers has been BBB accredited since 2018 and holds A+ rating. SoCal Home Buyers holds a 4.8 Google star rating. A recent customer shared their experience, noting that SoCal made the process easy despite probate and COVID-related interruptions. SoCal also recommended several attorneys to handle the probate process and increased the offer after 2+ years to reflect the increased property value.
Website: socalhomebuyers.com/orange-county/sell-my-house-fast-anaheim-ca/
Phone number: 951-331-3844
We Buy Houses Anaheim
WeBuyHouses.com was founded in 1997 and buys houses in 200 markets and 30 states in any condition. According to their website, they have been trusted by 1 million homeowners and can present a cash offer even if the homeowner is behind on their mortgage or facing foreclosure.
Locations: Nationwide, including Anaheim
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating. Customer reviews for WeBuyHouses.com speak to their professionalism and understandable procedure. They express how convenient and easy the process was for completing the sale.
Website: webuyhouses.com/CA/anaheim
Phone number: 877-932-8946
Tarek Buys Houses
Tarek Buys Houses, a private real estate investment company, is dedicated to helping property owners in tough situations sell their houses for cash. Founder and owner Tarek El Moussa, a real estate investor and media personality known for co-hosting HGTV’s Flip or Flop, has helped thousands of homeowners achieve the fairest as-is price for their homes.
Locations: Orange County and Los Angeles County, including Anaheim
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. A recent customer of Tarek Buys Houses highly recommends them for a convenient, stress-free, and hassle-free home-selling experience. The company has a 4.6 Google star rating with more than 50 reviews.
Website: tarekbuyshouses.com/we-buy-houses-orange-county-ca
Phone number: 888-356-3547
Why sell your Anaheim house for cash?
There are plenty of valid reasons an Anaheim home seller may choose to work with a Cash-For-Homes company. A fast transaction is one of the main reasons, followed by the ease of the transaction and little to no risk that the sale will fall through
In Anaheim, selling a home on the market typically takes around 77 days using an agent. That includes an average of 30 days on the market plus the typical 47 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 Anaheim, 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 common scenarios where turning to a house-buying company might be the right choice:
- Job relocation: If you need to move quickly for a new job and don’t have the time for a traditional sale.
- Divorce: Going through a divorce and need to liquidate your assets efficiently.
- Inherited property: When managing or maintaining an inherited property becomes overwhelming, and you prefer to cash out.
- Downsizing: Looking to move into a smaller, more manageable home or a retirement community for downsizing.
- Major repairs needed: Your home requires significant repairs that you cannot afford or wish to manage.
- Avoid open houses: Preferring not to deal with the hassle and invasion of privacy that comes with open houses.
- Foundation issues: The house has serious foundation problems that are too costly to fix.
- Facing foreclosure: You’re behind on mortgage payments and want to avoid foreclosure.
- Problematic tenants: You’re tired of dealing with tenants and want to sell your rental property.
- Selling from out of state: Managing a sale from another state is too complicated, and you prefer a simpler solution.
Pros and cons of house-buying companies in Anaheim
While selling your home for cash might be the right move for you, there are some downsides to consider. Here’s a quick look at some of the major pros and cons to keep in mind:
Pros:
- Speed of sale: You can often receive an offer within days and close the sale much quicker than through traditional real estate transactions.
- No need for repairs: Selling your house “as-is” means you won’t have to spend time or money on home improvements or repairs before selling.
- Simplified process: The absence of contingencies, lengthy negotiations, and extensive paperwork streamlines the selling process.
- Cash payment: You receive a cash payment, which can be crucial if you need immediate funds for relocation, debt settlement, or other personal reasons.
However, opting for a house-buying company in Anaheim has its drawbacks, with the most significant being the likelihood of receiving an offer below market value for your property. This could mean less profit than selling through an experienced real estate agent.
Cons:
- Below market value: Offers from house-buying companies are typically lower than what you might achieve on the open market.
- Limited negotiation: The take-it-or-leave-it nature of offers provides little to no room for negotiation on price.
- Risk of scams: While many companies are reputable, there’s a risk of falling victim to scams. It’s crucial to research and verify the legitimacy of the buyer.
- No real estate agent guidance: You forego the expertise and advice of a real estate agent, which can be particularly valuable in navigating the market and ensuring you get the best deal possible.
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
Deciding to work with a “We Buy Houses for Cash” company in Anaheim means navigating a market where the level of integrity and service can significantly vary. Your experience will largely depend on the character of the person or group making the offer.
It’s important to approach this decision with caution. Before committing to any cash offer, take the time to vet the company thoroughly. Checking online reviews, reading testimonials from previous sellers, and researching the company’s presence and performance in the Anaheim market can offer valuable insights into what you can expect.
Moreover, understanding the true value of your home plays a critical role in this process. Before signing any buying agreement, ensure you have read it carefully and understand all its terms.
HomeLight suggests you 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 use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Anaheim home quickly
iBuyers: Instant buyers, or iBuyers, use automated valuation models (AVMs) to make quick, all-cash offers on homes. They’re known for offering a near-instant, user-friendly selling process, mostly online, with offers typically closer to market value for homes in better condition.
The iBuyer process is fast, from offer to closing in just days to a couple of weeks, but be aware of service fees of 5%-6%. iBuyers like Opendoor and Offerpad are ideal for sellers in areas with consistent housing types and homes in good shape.
Listing with an agent: Despite the focus on quick sales, considering a top real estate agent might be beneficial, especially in a seller-friendly market. Agents can achieve fast sales by pricing and marketing strategically. Selling through an agent typically secures the highest price, with the top 5% of agents selling homes for significantly more.
A comparative market analysis (CMA)—often free—provided by agents, compares your home to similar sold properties to help set a competitive price. Experienced agents may connect you with cash buyers close to market value, ensuring a sound decision. For those considering this route, HomeLight can connect you with top agents in your area.
FAQs on Anaheim house-buying companies
By and large, most We Buy Houses for Cash companies in Anaheim 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 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Anaheim 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 Anaheim craftsman could sell for $900,000 after repairs, but it will need $30,000 of work to get there.
($900,000 x .70) – $30,000 = $600,000
In this example, an Anaheim We Buy Houses company might offer you around $600,000 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 iBuyers 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 an Anaheim We Buy Houses for Cash company, you will likely be coming to grips with a double-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. Conversely, 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 if there are any hidden program fees that might impact your bottom line.
1. Research and vet the house-buying companies that serve your Anaheim area. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Weigh the pros and cons and choose the best option for you.
5. 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 Anaheim vs. top Anaheim 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 Anaheim | Sell with a top Realtor in Anaheim |
| Selling timeline | 7 to 30 days | 77 days average; 30 to attract an offer, 47 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings 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 title before you can sell 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 | 5.8% average |
| Closing costs | None | 1% to 3% of the home 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 Anaheim is worth about $900,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $930,000.
| Sell to a We Buy Houses for Cash company in Anaheim | Sell with a top Realtor in Anaheim | |
| Estimated sale price | ($930,000 x .70) – $30,000 = $621,000 | $900,000 |
| Market preparations | 0 | $9,000 (1% of sale price) |
| Agent commissions | 0 | $52,200 (5.8% of sale price) |
| Closing costs | 0 | $13,500 (1.5%) |
| Estimated take-home for seller | $621,000 | $825,300 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Quick sale: Selling your Anaheim home to a cash-for-homes company can significantly speed up closing.
- As-is convenience: You can sell your property in its current condition, avoiding the cost and time of repairs.
- Understand value: Knowing your home’s market value is important to ensure you’re making a sound decision.
- Explore options: Don’t rush. Compare offers from iBuyers, cash-for-homes companies, and traditional sales methods.
- Do your homework: Vet any company thoroughly before proceeding with a sale to avoid scams and ensure you’re dealing with a reputable buyer.
- 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 Anaheim agent.
Header Image Source: (paulbr75/ Pixabay)
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