We Buy Houses Centennial: 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.
Selling your Centennial home quickly can feel overwhelming, especially if repairs are needed or you’re pressed for time. That’s where We Buy Houses companies in Centennial come in, offering fast, all-cash deals on homes, often in as-is condition.
If you’re looking for a way to sell without the hassle of repairs, a cash offer could be your best option. Whether you’re handling an urgent life change, facing an unexpected move, or simply don’t have the funds or expertise to fix up your property, selling for cash can be a great solution.
In this post, we’ll discuss the pros and cons of working with house-buying companies, explain how the process works, and provide you with some fast home-buyer alternatives so you can make the right decision for your needs and move forward with confidence.
Sell Your House Fast in Centennial 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 Centennial.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Centennial area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Centennial
Working with a house-buying company in Centennial isn’t complicated, but there are a few steps you have to follow before you can get your cash. Here’s how it works:
- Contact the company: Reach out to a house-buying company and provide basic information about your property.
- Schedule a home evaluation: The company will schedule a visit to assess your home’s condition and determine its value.
- Receive a cash offer: After evaluating your home, the company will present a no-obligation, all-cash offer.
- Review the offer: You’ll have time to review the offer and decide if it aligns with your needs and goals.
- Accept the offer: If you’re ready to move forward, accept the offer to start the sale process.
- Close the sale: Finalize the sale on a timeline that works for you, and receive your cash proceeds.
Popular We Buy Houses for Cash companies in Centennial
If the process of selling to a house-buying company in Centennial 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 and contemporary house. By selling to one of these companies, you should be able to sell your Centennial home in as little as a week or two.
The Buy-Out Company
The Buy-Out Company, located in Centennial, Colorado, was founded in 2007. According to its website, it has purchased 1,889 properties (and counting) for over $778 million and specializes in cash offers for homes in Denver and nearby areas.
Locations: Denver and the surrounding areas
Closing costs: Sellers pay no closing costs; The Buy-Out Company covers them.
The Buy-Out Company has been BBB accredited since 2013, maintaining an A+ rating with 25 reviews and 5/5 stars. They also hold a 4.7-star Google rating from over 100 reviews.
Website: thebuyoutcompany.com
Phone number: 303-557-2266
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Centennial (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 Centennial.
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 Centennial
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
New Era Home Buyers/ New Again Houses Denver
New Era Home Buyers is a family-owned home-buying company based in Colorado. It purchases homes in Denver and nearby areas and renovates them into family-ready homes. With cash offers and quick closings in as little as seven days, they offer flexibility to fit your timeline.
Locations: Denver and nearby areas, including Centennial
Closing costs: Sellers pay no closing costs; New Era Home Buyers covers them.
New Era Home Buyers has a 5.0 star Google rating.
Website: newerahomebuyers.com
Phone number: 303-565-8966
ClearSale
ClearSale is a local, family-owned house-buying company based in Denver, Colorado. After you submit your information, it will appraise your property and provide an estimated price. An appointment will be set to inspect the property, and an exact amount will be offered within 24 hours.
Locations: Denver and surrounding areas, including Centennial
Closing costs: Sellers pay no closing costs; ClearSale covers them.
ClearSale has been BBB accredited since 2012, maintaining an A+ rating and a score of 4.71/5 stars. They also have a 4.5-star rating on Google, with over 300 reviews.
Website: clearsale.com/sell-my-house-fast-centennial-co
Phone number: 303-900-0344
Why sell your Centennial house for cash?
There are plenty of valid reasons a Centennial home seller may choose to work with a Cash-For-Homes company. The primary reason is speed; selling to a cash-for-homes company is incredibly quick when compared to the open market.
In Centennial, it typically takes around 72 days to sell a home on the market using an agent. That includes an average of 28 days on the market plus the typical 44 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 Centennial, 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 selling your home for cash might make sense:
- Job relocation: If you’re moving for a new job and need to sell quickly, a cash sale can simplify the transition.
- Divorce: Selling your home for cash can help you and your partner split assets more quickly during a divorce.
- Inherited property: If you’ve inherited a home and want to sell it without dealing with repairs, a cash sale can streamline the process.
- Downsizing: If you’re ready to downsize to a smaller home, a cash sale can speed up your move.
- Major repairs: When your home needs costly repairs, selling for cash lets you avoid the expense and hassle of fixing it up.
- Avoiding open houses: A cash sale allows you to skip open houses and the need to keep your home in showing condition.
- Foundation issues: Homes with foundation problems may struggle on the market, but cash buyers are often willing to purchase them as-is.
- Facing foreclosure: A cash sale can help you avoid foreclosure and quickly get the proceeds to pay off debts.
- Dealing with tenants: If you own a rental property with difficult tenants, selling for cash could be a stress-free solution.
- Selling from out of state: If you no longer live nearby, selling for cash lets you close the deal without the complications of managing a long-distance sale.
Pros and cons of house-buying companies in Centennial
Selling your Centennial house to a house-buying company comes with both advantages and disadvantages. To help you evaluate whether this option is right for you, let’s break down the pros and cons of working with a house-buying company.
A house-buying company in Centennial offers speed and will buy your home as-is, eliminating the need for repairs or extensive preparations. If you’re in a situation where you need a fast sale, this can be a major benefit.
Pros of selling to a house-buying company:
- Fast sale: Cash buyers typically close in as little as a week, giving you fast access to the proceeds.
- No repairs: You can sell your home as-is, so you don’t have to worry about fixing anything.
- No showings or open houses: You won’t have to keep your house spotless or manage showings and open houses.
- No contingencies: Most house-buying companies don’t require contingencies, so the sale is less likely to fall through.
While selling to a house-buying company offers convenience, you’ll likely receive less than market value compared to selling with a real estate agent. This trade-off between speed and maximizing your sale price is important to consider.
Cons of selling to a house-buying company:
- Lower offer: Cash-for-homes companies often pay below market value, meaning you may leave money on the table compared to selling on the open market.
- Limited negotiating: Offers from house-buying companies are usually take-it-or-leave-it, with little room for negotiation.
- Scams risk: There’s a potential for encountering scams in the cash-for-homes space, so vetting companies is crucial.
- Miss out on appreciation: If you sell quickly, you might lose the chance to benefit from rising home values in a strong market.
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
- Vetting matters: Not all We Buy Houses for Cash companies in Colorado are the same. Your experience will depend on the integrity and service of the person or group making the offer.
- Check reviews: Before committing, research online reviews and testimonials to see what past sellers have said about the company.
- Research market presence: Look into the company’s history and performance in the Colorado real estate market to ensure they’re reputable and experienced.
- Read the agreement: Always review the buying agreement carefully before signing. Make sure you fully understand the terms and any conditions.
- Know your home’s worth: Even if you’re selling for cash, get a professional opinion or use an online tool to estimate your home’s value so you know if the offer is fair.
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 Centennial home quickly
iBuyers
iBuyers offer all-cash offers through automated valuation models (AVMs) and provide a quick, online-focused selling process. They typically buy homes in good condition and often close within days or up to two weeks. While iBuyers like Opendoor and Offerpad may offer closer to market value, expect service fees around 5%-6%. Learn more about the iBuyer process.
Listing with an agent
If your home is in a seller-friendly market, listing with a real estate agent may also lead to a quick sale, often at a higher price. A trusted agent can provide a comparative market analysis (CMA), often free, to estimate your home’s value and selling timeline. HomeLight can connect you with a top-performing agent to explore this option.
FAQs on Centennial house-buying companies
By and large, most We Buy Houses for Cash companies in Centennial 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 Centennial 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 Centennial ranch could sell for $655,575 after repairs, but it will need $30,000 of work to get there.
($655,575 x .70) – $30,000 = $428,902
In this example, a Centennial We Buy Houses company might offer you around $428,902 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 Centennial 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 Centennial 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 Centennial vs. top Centennial 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 Centennial | Sell with a top Realtor in Centennial |
| Selling timeline | 7 to 30 days | 72 days average; 28 to attract an offer, 44 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 Centennial is worth about $655,570 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $680,570.
| Sell to a We Buy Houses for Cash company in Centennial | Sell with a top Realtor in Centennial | |
| Estimated sale price | ($680,570 x .70) – $25,000 = $451,399 | $655,570 |
| Market preparations | 0 | $6,555 (1% of sale price) |
| Agent commissions | 0 | $19,667 (3% of sale price) |
| Closing costs | 0 | $9,833 (1.5%) |
| Estimated take-home for seller | $451,399 | $619,515 |
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 Centennial offer quick closings, often within a week or two, which is ideal if you need to sell fast.
- No repairs needed: You can sell your home as-is, avoiding the time and expense of making repairs.
- Lower offer: Cash buyers typically offer less than market value, but the speed and convenience can be worth the trade-off in some situations.
- Limited contingencies: These companies usually don’t require contingencies, making the sale process straightforward and less likely to fall through.
- Know your home’s worth: Always know 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 Centennial agent.
Header Image Source: (Curtis Adams / Pexels)
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