We Buy Houses Bend: 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.
Are you a Bend, Oregon, homeowner who needs to sell your home immediately? Have you considered selling your home for cash?
We Buy Houses companies in Bend make all-cash offers for homes regardless of the condition, which is perfect for sellers who lack the time, knowledge, or money for repairs but need to sell quickly.
Maybe you need to relocate for a new job, or you’re worried about a pending foreclosure. Or you might need to cash out an unexpected inherited Bend property to settle an estate.
If you need to sell your Bend home fast, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it is important to know exactly how much a Bend house-buying company might offer for your home and properly weigh your options.
Our guide will explain how selling your Bend home for cash works, showing you the pros and cons, providing alternatives, and pointing you to local companies that might want to purchase your home.
Sell Your House Fast in Bend 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 Bend.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Bend area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Bend
Selling your home to a house-buying company in Bend is designed to be a straightforward process, perfect for homeowners who need to sell quickly. Here’s a quick look at how it works:
- Submit your property information: Contact a local cash-for-homes company by filling out an online form or making a phone call, providing basic details about your home.
- Schedule a home evaluation: The company will schedule a time to visit your property to assess its condition and determine the cash offer.
- Receive a cash offer: After the evaluation, you’ll receive a no-obligation, take-it-or-leave-it cash offer for your home.
- Decide to accept or decline: You can either accept the offer and proceed with the sale or decline if it doesn’t meet your needs.
- Complete paperwork: If you accept the offer, the company will handle the necessary paperwork to finalize the sale.
- Close and receive payment: Once everything is in order, you’ll close on the deal and receive your cash, often within a matter of days.
Popular We Buy Houses for Cash companies in Bend
If the process of selling to a house-buying company in Bend 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’ Victorian or Foursquare. By selling to one of these companies, you should be able to sell your Bend home in as little as a week or two
ibuyhaus
ibuyhaus is based in Portland and purchases homes in “as-is” condition throughout Oregon and Washington. They will extend a competitive, no-obligation cash offer within 24 hours of a scheduled walkthrough to assess your home’s repair costs. Sellers can choose the closing date, and ibuyhaus pays for all closing costs.
Locations: Oregon and Washington states.
Closing costs: Sellers pay no closing costs; ibuyhaus covers them.
ibuyhaus has been BBB-accredited since 2022 and holds an A rating. They have also earned 4.8 stars on Google. Reviews praise the company’s professionalism, honesty, and communication skills.
Website: ibuyhaus.com
Phone number: 503-482-8693
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bend (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 Bend.
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 Bend
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
Columbia Redevelopment, LLC
Columbia Redevelopment, LLC will purchase homes throughout Clackamas, Washington, Columbia, Clatsop, Lincoln, and Tillamook counties. It will make an offer within 24 hours of an in-person tour of your home and, if you accept, give you a $10,000 earnest money deposit.
Locations: Bend, Oregon, and surrounding areas, including Clackamas, Washington, Columbia, Clatsop, Lincoln, and Tillamook counties.
Closing costs: Sellers pay no closing costs; Columbia Redevelopment, LLC covers them.
Columbia Redevelopment, LLC has been BBB-accredited since 2013 and boasts an A+ rating. It also has a 5-star Google rating. Reviews laud the company for its fair offers, quick closings, and trustworthiness.
Website: columbiaredevelopment.com
Phone number: 503-406-9874
Moon Creek Homes
Moon Creek Homes is a family-owned business based in Portland that pays cash for homes in any condition throughout the state. Homeowners can receive a cash offer within 24 hours of a virtual or in-person walkthrough of the property. Closings can take place in as little as a few days.
Locations: Statewide
Closing costs: Sellers pay no closing costs; Moon Creek Home Buyers covers them.
Moon Creek Homes has been BBB-accredited since 2020 and maintains an A+ rating. The company also has a 5-star rating on Google. Reviews highlight the seamless and hassle-free selling process, as well as the team’s clear communication, transparency, and professionalism.
Website: mooncreekhomebuyers.com
Phone number: 503-843-8888
Why sell your Bend house for cash?
Why would you sell your Bend home for cash? Customers of We Buy Houses companies will typically point to the quick process and remarkable convenience, particularly in comparison to selling via the traditional market. Let’s take a look at how it compares.
In Bend, it typically takes around 80 days to sell a home on the market using an agent. That includes an average of 33 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 Bend, 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.
Selling your Bend home for cash could be the right choice if you need to close quickly without dealing with repairs, showings, or waiting for the right buyer.
Here are some common scenarios where a cash sale could be the perfect fit:
- New job: You need to relocate for work and don’t have time to prepare and list your home on the market.
- Divorce proceedings: You’re going through a divorce and want to sell quickly to separate assets and move on with your life.
- Inherited a home: You’ve inherited a house and would prefer to sell it without dealing with repairs or ongoing maintenance.
- Planning to downsize: You’re planning to downsize and want a fast, simple sale to move into a retirement community or smaller home.
- Major repairs needed: Your home needs significant repairs, and you don’t have the funds or time to complete them before selling.
- Avoid showings: You’d prefer to avoid the hassle of preparing for open houses and keeping your home show-ready.
- Foundation problems: Your house has serious foundation issues, and selling for cash lets you avoid costly repairs.
- Facing foreclosure: You’re at risk of foreclosure and want to sell quickly to resolve debts before the situation worsens.
- Rental property with tenants: You own a rental property with difficult tenants and want to sell without dealing with eviction or tenant management.
- Out-of-state sale: You live out of state and want the ease of selling your Bend home remotely without needing to be present.
Pros and cons of house-buying companies in Bend
When considering selling your Bend house to a house-buying company, it’s good to understand the pros and cons.
Pros of working with house-buying companies in Bend
A house-buying company in Bend offers speed and will buy your home as-is, regardless of condition, without needing repairs or preparations.
- Fast closing: Cash buyers can close in as little as a week, offering a quick solution for homeowners in urgent situations.
- No repairs needed: You can sell your home as-is, meaning no need to spend time or money on fixing it up.
- Skip showings: Avoid the hassle of keeping your home show-ready or scheduling disruptive open houses.
- Certainty of sale: Cash buyers typically don’t include contingencies, making the sale more certain and predictable.
Cons of working with house-buying companies in Bend
While a fast sale is appealing, the most significant downside is that a house-buying company will likely offer you below market value compared to selling with an experienced real estate agent.
- Lower offer: Expect an offer that’s well below what you could receive by selling on the open market.
- No room for negotiation: House-buying companies often present a take-it-or-leave-it offer, with little to no room for negotiating price.
- Potential scams: There are some scams in the cash-buyer industry, so it’s important to vet companies carefully.
- No agent expertise: You won’t have the market knowledge and negotiation skills of a real estate agent working on your behalf.
Before moving forward, it’s important to carefully consider both the pros and cons of selling to a house-buying company. Next, we’ll cover how to vet cash buyers and determine your home’s worth before you sell.
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 We Buy Houses for Cash company in Bend, it’s essential to do your due diligence to ensure you’re working with a trustworthy buyer. Here are a few steps to vet the company and protect your interests:
- Research reviews: Check online reviews and testimonials from past clients to gauge the company’s reputation and level of service.
- Verify the company’s market presence: Look into how long the company has been operating and their track record in your area.
- Read the agreement carefully: Ensure you understand the terms of the buying agreement and are comfortable with what you’re signing.
- Check for red flags: Look out for unprofessional behavior or anything that raises concerns about the company’s integrity before you proceed.
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 Bend home quickly
iBuyers
iBuyers use automated valuation models (AVMs) to provide near-instant cash offers, often for homes in good condition. The iBuyer process is fast, with closings in a few days to two weeks. However, iBuyers like Opendoor and Offerpad typically charge 5%-6% in service fees.
Listing with an agent
While using an agent takes longer, it can yield the highest selling price. Agents provide a comparative market analysis (CMA), which is often free, to help price your home. A top agent might even connect you with cash buyers. HomeLight can connect you with a proven agent today.
FAQs on Bend house-buying companies
By and large, most We Buy Houses for Cash companies in Bend 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 Bend 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 Bend Victorian could sell for $722,000 after repairs, but it will need $30,000 of work to get there.
($722,000 x .70) – $30,000 = $475,400
In this example, a Bend We Buy Houses company might offer you around $475,400 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 Bend 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.
- Research and vet the house-buying companies that serve your Bend 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 Bend vs. top Bend 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 Bend | Sell with a top Realtor in Bend |
| Selling timeline | 7 to 30 days | 80 days average; 33 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 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 Bend is worth about $722,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $747,000.
| Sell to a We Buy Houses for Cash company in Bend | Sell with a top Realtor in Bend | |
| Estimated sale price | ($747,000 x .70) – $25,000 = $497,900 | $722,000 |
| Market preparations | 0 | $7,220 (1% of sale price) |
| Agent commissions | 0 | $21,660 (3% of sale price) |
| Closing costs | 0 | $10,830 (1.5%) |
| Estimated take-home for seller | $497,900 | $682,290 |
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 sale: Cash-for-homes companies in Bend offer a quick way to sell your home, often closing within days or weeks.
- No repairs needed: These companies buy homes in any condition, saving you time and money on repairs or upgrades.
- Lower offer: Expect to receive a lower offer compared to what you’d get by listing your home on the market.
- Limited negotiation: Most cash buyers present take-it-or-leave-it offers, with little room for price adjustments.
- 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 Bend agent.
Header Image Source: (Frankie / Unsplash)
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