We Buy Houses Avondale, AZ: Top 4 Companies
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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.
If you need to sell your Avondale home quickly, working with a We Buy Houses company might be the solution you need. These companies make all-cash offers, even for homes that need some repairs, giving you a fast way to sell without the hassle of fixing up the property.
Selling your home for cash can be especially appealing if you don’t have the time, expertise, or funds to complete repairs. A quick sale allows you to move forward with life plans, whether due to an unexpected situation or simply wanting a faster transaction.
In this post, we’ll explore the pros and cons of working with house-buying companies in Avondale, helping you weigh your options and decide if a cash sale is right for you.
Sell Your House Fast in Avondale 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 Avondale.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Avondale area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Avondale
Working with a house-buying company in Avondale can provide a fast and convenient way to sell your home when you need to move quickly. Here’s an overview of the typical steps in selling your house to a cash-for-homes company.
1. Reach out: Contact a local house-buying company to express your interest in selling.
2. Set up an evaluation: The company will arrange a time to assess your home, either through an in-person visit or a virtual walkthrough.
3. Get a cash offer: After the evaluation, you’ll receive a cash offer, often within 24-48 hours.
4. Consider the offer: Take some time to review the offer and decide if it meets your expectations.
5. Agree to the sale: Accept the offer and start the paperwork process if you’re ready to move forward.
6. Complete the closing: Finalize the sale, typically within a week, and receive your cash payment.
Popular We Buy Houses for Cash companies in Avondale
If the process of selling to a house-buying company in Avondale 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 or your parents’ Ranch-style home or Southwestern-style house. By selling to one of these companies, you should be able to sell your Avondale home in as little as a week or two.
The Trusted Home Buyer
The Trusted Home Buyer buys homes in three states, with most of its coverage in Arizona across eight counties, including Maricopa, Pinal, and Yavapai. Contact them to can set up a visit and receive an offer on the spot or within a few days. If you accept, you can close in as few as seven days.
Locations: All over Florida, Michigan and Arizona, including Avondale
Closing costs: You pay no closing costs; The Trusted Home Buyer covers them.
With over 69 Google reviews, The Trusted Home Buyer has a 4.7 out of 5 rating. Customers say that founder Martin Boonzaayer was informative, professional, and friendly, especially when compared to other homebuying companies they spoke with.
Website: thetrustedhomebuyer.com
Phone number: 602-456-4440
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Avondale (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 Avondale.
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 Avondale
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
Doug Hopkins
Doug Hopkins is recognized as one of the top buyers of foreclosure properties in the Western U.S. Through the Doug Hopkins website, sellers can fill out a survey in less than five minutes, receive an as-is cash offer in less than 24 hours (this is true whether your house is a fixer-upper or in perfect condition), and quickly close.
Locations: Throughout Arizona, including Avondale
Closing costs: The website notes that there is zero cost for sellers, no fees, and no hidden charges.
Doug Hopkins has more than 260 reviews and a 4.6 out of 5 rating on Google, although not all reviews speak about a cash home sale. The reviewers who did sell their homes for cash mentioned a stress-free experience and honest communication. Other reviewers state that the company was able to offer other home sale methods if a cash offer wasn’t the right option.
Website: doughopkins.com
Phone number: 602-567-1505
Valley Home Buyer
Valley Home Buyer has been purchasing homes in the Phoenix metro area since 1996.
After you contact Valley Home Buyer, the company will schedule a home visit as soon as the same day and provide you with an all-cash offer within 24 hours. Depending on your situation, you may be able to close in as little as a week.
Locations: Phoenix metro area
Closing costs: Valley Home Buyers pays for closing costs in most instances.
Valley Home Buyer has over 33 reviews and a 4.5-star rating on Google. The company has been accredited by the Better Business Bureau since 2019 and holds an A+ rating.
Website: valleyhomebuyer.com
Phone number: 602-962-4358
Why sell your Avondale house for cash?
When you want to sell your home as quickly as possible, working with a We Buy Houses company is hard to top. Customers of these companies will often point to the speed of the sale, the ease of the process, and the peace of mind that selling for cash brings.
In Avondale, it typically takes around 86 days to sell a home on the market using an agent. That includes an average of 43 days on the market plus the typical 43 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 Avondale, 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 situations where working with a house-buying company might be the right move for you.
- Job relocation: You need to sell your house quickly to move for a new job relocation.
- Divorce: You want to sell the house quickly as part of your divorce proceedings.
- Inherited property: You’ve inherited a home and prefer to sell it instead of maintaining or renting it.
- Downsizing: You’re looking for a quick sale as part of your plans for downsizing.
- Costly repairs: Your home needs major repairs, but you lack the time or funds to fix it.
- Avoiding open houses: You want to skip the stress of preparing for open houses and showings.
- Foundation issues: Your home has serious foundation problems, making a cash sale a more practical solution.
- Facing foreclosure: You need to sell quickly to avoid foreclosure and protect your credit.
- Tenant complications: You own a rental property with difficult tenants and want to sell without managing evictions.
- Out-of-state sale: You live out of state and want to sell your property without managing the process from out of state.
Pros and cons of house-buying companies in Avondale
Selling your Avondale house to a cash-for-homes company comes with clear advantages and drawbacks. If you need a fast sale and don’t want to deal with repairs or listing preparations, this option can offer speed and convenience. Let’s dive into the pros and cons.
Pros of selling to a house-buying company in Avondale
A cash-for-homes company can close your sale quickly and buy your house as-is without needing you to make any repairs. For homeowners who need to sell fast, this can be a great option. Here’s a summary of the key benefits.
- Fast closing: House-buying companies can often complete the sale in as little as a week, making it a good option for those in urgent situations.
- No repairs needed: You can sell your home as-is without worrying about fixing issues or making costly updates as-is.
- Avoid open houses: Skip the stress of staging, showings, and open houses altogether by selling directly to a buyer.
- No contingencies: Cash offers from these companies usually don’t include complex contingencies, reducing the chance of a deal falling through.
Cons of selling to a house-buying company in Avondale
While selling your home to a house-buying company offers convenience, you may receive a below market value offer compared to what you might get from selling through an agent. Here are some potential downsides to consider.
- Lower offer: House-buying companies typically offer less than your home’s market value, as they aim to resell for profit.
- Limited negotiation: You’re unlikely to negotiate the price, as most offers are presented as take-it-or-leave-it deals.
- Possible scams: Home-buying scams do exist, so it’s crucial to carefully research any company you’re considering.
- Fewer marketing opportunities: You won’t benefit from the competitive pricing that can come from marketing your home to a wider pool of potential buyers.
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 working with a house-buying company in Avondale, the level of integrity and service you experience can vary. Your outcome depends heavily on the character and professionalism of the buyer. Before committing to a cash offer, here are a few steps to take:
- Check reviews: Look up online reviews and testimonials from past sellers to get a sense of the company’s reputation and reliability.
- Research their track record: Investigate the company’s presence in the local market and see how long they’ve been operating.
- Request references: Don’t hesitate to ask the company for references from previous clients who have sold their homes for cash.
- Read the agreement carefully: Ensure you fully understand the terms of the sale and avoid signing anything until all details are clear.
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 Avondale home quickly
iBuyers
iBuyers, like Opendoor and Offerpad, offer quick, all-cash deals using automated valuation models to estimate home values. They typically provide offers closer to market value for homes in good condition, with closings in a few days to two weeks. However, expect service fees of 5%-6% from companies like iBuyers.
Listing with an agent
While selling with an agent might take longer, a comparative market analysis, often free, can help set a competitive price for a quicker sale. Agents can connect you with cash buyers, and partnering with a top performer may net you up to 10% more. If you’re considering an agent, HomeLight can connect you with a local expert.
FAQs on Avondale house-buying companies
By and large, most We Buy Houses for Cash companies in Avondale 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Avondale 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 Avondale Southwestern home could sell for $420,000 after repairs, but it will need $30,000 of work to get there.
($420,000 x .70) – $30,000 = $264,000
In this example, a Avondale We Buy Houses company might offer you around $264,000 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 a Avondale 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 it 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 will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
1. Research and vet the house-buying companies that serve your Avondale 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 Avondale vs. top Avondale 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 Avondale | Sell with a top Realtor in Avondale |
| Selling timeline | 7 to 30 days | 86 days average; 43 to attract an offer, 43 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 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%-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 compiled 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 Avondale is worth about $450,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $475,000.
| Sell to a We Buy Houses for Cash company in Avondale | Sell with a top Realtor in Avondale | |
| Estimated sale price | ($475,000 x .70) – $25,000 = $307,500 | $450,000 |
| Market preparations | 0 | $4,500 (1% of sale price) |
| Agent commissions | 0 | $13,500 (3%) |
| Closing costs | 0 | $6,750 (1.5%) |
| Estimated take-home for seller | $307,500 | $425,250 |
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
- Fast sales: Cash-for-homes companies can close deals in as little as a week, making them ideal if you need to sell quickly.
- As-is sales: You don’t have to make repairs or prepare your home for the market, as most companies buy properties in their current condition.
- Lower offers: Expect offers to be below market value, as these companies aim to resell for a profit.
- No open houses: You can avoid the hassle of staging, showings, and open houses altogether.
- Limited negotiations: Most house-buying companies present take-it-or-leave-it offers with little room for negotiation.
- 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 managing 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 Avondale agent.
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