We Buy Houses Eugene: 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 Eugene home quickly might feel impossible, especially if it needs repairs or you’re faced with a tight deadline. We Buy Houses companies in Eugene can offer you cash for your home, serving as an alternative to the traditional listing process, giving a fast, hassle-free sale way to let go of your property.
If you’re short on time, lack the funds for repairs, or simply want to move on quickly, a We Buy Houses company in Eugene might be an option worth considering. These companies can close deals quickly, often in a matter of days rather than months.
In this guide, we’ll break down how house-buying companies operate, review the pros and cons, and help you determine if this is the best fit for your home-selling goals.
Sell Your House Fast in Eugene With a Cash Offer
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Working with house-buying companies in Eugene
Selling your home to a house-buying company in Eugene is a streamlined process that allows you to sell your home quickly. Unlike selling on the open market, these companies typically make an upfront cash offer and handle most of the closing logistics. Here’s how it works:
- Request an offer: Contact a We Buy Houses company and provide basic details about your home, including its location, condition, and reason for selling.
- Schedule a home evaluation: The company may conduct a quick walkthrough in person or virtually to assess the property’s condition before finalizing an offer.
- Receive a cash offer: After the evaluation, you’ll get a take-it-or-leave-it cash offer based on your home’s condition and current market trends.
- Review the agreement: Carefully read the terms before signing. Ensure there are no hidden fees or contingencies that could affect your sale.
- Choose a closing date: If you accept the offer, you’ll work with the company to select a closing date that aligns with your timeline—often in as little as a week.
- Get paid: Once the sale closes, you’ll receive your proceeds via wire transfer or check, allowing you to move forward with your plans without delays.
Popular We Buy Houses for Cash companies in Eugene
If the process of selling to a house-buying company in Eugene 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’ Foursquare or Colonial. By selling to one of these companies, you should be able to sell your Eugene 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.
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 Eugene (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 Eugene.
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 Eugene
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
Portland Cash Buyers
Serving Portland and the surrounding areas, Portland Cash Buyers has purchased thousands of homes over the past 20 years. The company purchases single-family homes, condos, and even fixer-uppers. Homeowners can get an initial cash offer within 24 hours and can close in as few as three days. They purchase homes in “as-is” condition and pay 100% of the seller’s closing costs.
Locations: Statewide
Closing costs: Sellers pay no closing costs; Portland Cash Buyers cover them.
Portland Cash Buyers has been accredited by the Better Business Bureau (BBB) since 2019 and holds an A+ rating. They also have a 5-star rating on Google.
Website: portlandcashbuyers.com
Phone number: 503-770-0145
Moon Creek Homes
Founded in 2013, 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, and Moon Creek Homes pays 100% of the sellers’ closing costs.
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.
Website: mooncreekhomebuyers.com
Phone number: 503-843-8888
Why sell your Eugene house for cash?
Is a We Buy Houses company in Eugene the right move for you? Sellers will typically point to the ease and speed in which a cash sale can occur, particularly when compared to selling via the traditional market.
In Eugene, it typically takes around 87 days to sell a home on the market using an agent. That includes an average of 43 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 Eugene, 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.
Below are common scenarios where a cash sale might be the right solution:
- Job relocation: You need to sell your home quickly to move for a new job opportunity.
- Divorce: You and your spouse are separating and want a swift sale to divide assets and move forward. Learn more about selling a house during a divorce.
- Inherited property: You’ve inherited a home and prefer a quick sale to avoid maintenance and tax costs. Read about your options for selling an inherited property.
- Downsizing: You’re looking to transition into a smaller home or retirement community and want to simplify the process. Check out the best retirement communities.
- Major repairs needed: Your home requires costly repairs that you can’t afford or don’t want to manage. Find out more about selling a house in poor condition.
- Avoiding open houses: You prefer to sell privately without the hassle of staging, showings, or buyer negotiations. Learn more about the open house process.
- Foundation issues: Your home has structural problems that could make it hard to sell on the open market. Read about selling a house with foundation issues.
- Foreclosure risk: You’re behind on mortgage payments and need to sell before foreclosure damages your credit. Explore your options if your home is in foreclosure.
- Tenant complications: You own a rental property with difficult tenants and want to sell without managing evictions. Learn about selling a rental with tenants.
- Selling from out of state: You’ve moved away and need to sell a home in Eugene without returning. Here’s how to sell a house from out of state.
Pros and cons of house-buying companies in Eugene
Selling to a house-buying company in Eugene offers speed and convenience, particularly if you need to sell quickly or don’t want (or can’t) deal with home repairs. However, it’s important to weigh the benefits against the drawbacks, especially when it comes to your home’s selling price.
Pros of selling to a house-buying company
- Fast closing: Cash buyers can close in as little as a week, eliminating the delays of financing or buyer contingencies.
- Sell as-is: You won’t need to make repairs, clean, or stage your home—house-buying companies purchase as-is.
- No showings or open houses: You avoid the stress of multiple buyer visits, negotiations, and waiting for offers.
- Certainty of sale: Cash sales reduce the risk of a deal falling through due to financing or appraisal issues.
While these benefits can make a cash sale appealing, it’s important to consider the potential downsides.
Cons of selling to a house-buying company
- Lower sale price: These companies typically offer below market value in exchange for a quick, hassle-free sale.
- Limited negotiation: Most house-buying companies present take-it-or-leave-it offers with little room for price adjustments.
- Potential scams: Not all cash buyers are reputable. Watch out for home-buying scams, and do your research before committing.
- Fewer seller protections: Unlike traditional sales, cash transactions often have minimal contingencies to protect the seller.
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
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
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 Eugene home quickly
If you’re looking for a fast home sale, selling to a house-buying company isn’t your only option. Depending on your home’s condition, you may want to explore alternatives like iBuyers or working with a top real estate agent.
iBuyers
iBuyers are tech-driven companies that make instant cash offers based on automated valuation models. Unlike traditional house flippers, iBuyers focus on homes in good condition and typically offer prices closer to market value. The iBuyer process is mostly online, with closing times ranging from a few days to a couple of weeks. However, service fees—often around 5%-6%—apply.
Listing with a real estate agent
While selling on the market takes longer than a direct cash sale, working with an agent can help you get the highest price for your home. A skilled agent can market your home strategically and price it to attract serious buyers quickly.
- You’ll get a CMA: A real estate agent can provide a comparative market analysis (CMA) to help you understand your home’s value. This report examines recent sales of similar properties to guide your pricing strategy. Many agents offer a CMA, often free.
- You might get a better cash offer: Some agents have connections to serious cash buyers willing to pay more than a house-buying company.
- You can still sell quickly: If the market is strong and your home is priced competitively, you might secure an offer in a short time frame.
If you’re interested in exploring this option, HomeLight can connect you with a top-performing agent in your area today.
FAQs on Eugene house-buying companies
By and large, most We Buy Houses for Cash companies in Eugene 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 Eugene 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 Eugene Colonial could sell for $350,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, a Eugene We Buy Houses company might offer you around $215,000 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 Eugene 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 Eugene 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 Eugene vs. top Eugene 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.
| Selling timeline | 7 to 30 days | 87 days average; 43 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 Eugene is worth about $500,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $525,000.
| Sell to a We Buy Houses for Cash company in Eugene | Sell with a top Realtor in Eugene | |
| Estimated sale price | ($525,000 x .70) – $25,000 = $342,500 | $500,000 |
| Market preparations | 0 | $5,000 (1% of sale price) |
| Agent commissions | 0 | $15,000 (3%) |
| Closing costs | 0 | $7,500 (1.5%) |
| Estimated take-home for seller | $342,500 | $472,500 |
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
If you’re considering selling your Eugene home to a cash-for-homes company, it’s important to weigh the pros and cons carefully. Below are the key takeaways from this guide:
- Speed and convenience: House-buying companies can close deals in as little as a week, making them a viable option for urgent sales.
- No repairs needed: These companies buy homes as-is, so you don’t have to spend time or money on home improvements.
- Offers are below market value: Most cash buyers will pay less than what you might get on the open market with an agent.
- Minimal negotiation: Unlike traditional sales, cash-for-homes companies usually present take-it-or-leave-it offers.
- Vetting is essential: Some cash buyers are legitimate, while others may be running scams. Research thoroughly before committing.
- Alternative options exist: Selling with a top real estate agent or exploring iBuyer options could help you secure a higher price.
- 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 Eugene agent.
Editor’s note: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Eugene area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (imagenet / Deposit Photos)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.