We Buy Houses Greeley: 4 Top 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 looking to sell your Greeley home quickly and without the hassle of a traditional home sale? We Buy Houses companies in Greeley might be your solution.
These companies offer all-cash bids, often for homes that could use a touch-up or two. For homeowners who may not have the time, money, or ability to deal with repairs, this can mean receiving a cash offer in a matter of days and moving on with their lives.
If you suddenly need to relocate, are facing crushing financial difficulties, or just looking to sell immediately, a quick cash offer could be right for you.
This post will explore the pros and cons of selling your home for cash in Greeley, while also giving you insight into the process and providing you with some alternatives.
Sell Your House Fast in Greeley 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 Greeley.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Greeley area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Greeley
When you need a quick sale of your Greeley home, working with a house-buying company is one of the easiest ways to get it done. Here’s a straightforward guide to the process:
1. Contact the company: Reach out to a reputable house-buying company in Greeley. You can usually do this online or over the phone by providing basic information about your property.
2. Schedule a visit: Allow the company to inspect your home. This will allow them to assess the condition of your property and determine an appropriate offer.
3. Receive an offer: After evaluating your home, the company will make an all-cash offer. This is generally a quick process, as these companies aim to close in days.
4. Review the offer: Take some time to consider the offer. Remember, these companies often propose a take-it-or-leave-it deal, so ensure it aligns with your expectations and needs.
5. Close the deal: If you accept the offer, you can proceed to close the sale. The closing process is typically handled by the company and can be completed in as little as a week.
6. Receive your payment: After closing, you will receive the full cash payment for your home, allowing you to move forward with your life plans without delay.
Popular We Buy Houses for Cash companies in Greeley
If the process of selling to a house-buying company in Greeley 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 craftsman. By selling to one of these companies, you should be able to sell your Greeley home in as little as a week or two.
Watson Buys
Watson Buys has been purchasing and renovating Colorado homes since 2011. They will buy homes in any condition, including those that need serious repairs. Closing times and move-out dates are flexible, and the company can work with you if you’re located out of state.
Locations: Watson Buys has offices in Denver, Golden, and Avon and purchases properties throughout Colorado, including Greeley.
Closing costs: You pay no closing costs; Watson Buys covers them.
Watson Buys has consistent 5-star Google reviews between their Denver and Golden offices, leading to a flawless rating. Customers also comment that the company was happy to make the sale process easier, whether that involved helping move items into storage or letting buyers choose their closing date. The company has an A+ rating with the BBB and has been accredited since 2023.
Website: watsonbuys.com/sell-my-house-fast-greeley-co
Phone number: 720-418-8670
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Greeley (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 Greeley.
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 Greeley.
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
Bigger Equity
BiggerEquity is a nationwide house-buying company that began operations in 2016. The company says it can make a cash offer in as little as seven minutes and close as quickly as seven days.
Locations: BiggerEquity buys houses throughout Colorado, including Greeley. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
BiggerEquity has been BBB accredited since 2018 and holds an A+ rating and 4.8 stars on Google. Customer reviews on Google for BiggerEquity speak to a smooth, transparent, and up-front process without pressure or surprises.
Website: biggerequity.com/colorado/greeley
Phone number: 866-333-8377
We Buy Houses
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 Greeley.
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.
Website: webuyhouses.com/CO/Greeley
Phone number: 877-932-8946
Why sell your Greeley house for cash?
While there are several reasons a home owner might want to sell their home for cash to a We Buy Houses company, the ease and speed of the transaction are the most common factors cited by sellers.
In Greeley, it typically takes around 76 days to sell a home on the market using an agent. That includes an average of 34 days on the market plus the typical 42 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 Greeley, 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 of the most common reason why some homeowners choose this route instead of the traditional real estate market.
- Job relocation: If you need to move quickly for a new job, selling your home for cash can simplify the transition.
- Divorce: During a divorce, quickly liquidating assets can be necessary, making cash sales a viable solution.
- Inherited property: If you’ve inherited a property you don’t wish to keep, selling it for cash is a straightforward way to handle the estate.
- Downsizing: For those looking to move to a smaller home or a retirement community, a quick cash sale helps facilitate a smoother transition.
- Major repairs needed: If your home requires significant repairs you can’t afford or manage, a cash offer may be the best way to avoid further investment.
- Avoiding open houses: Selling your home for cash eliminates the need for open houses and constant showings.
- Foundation issues: Homes with foundational problems can be difficult to sell traditionally; cash buyers often take on these challenges.
- Foreclosure risk: To avoid foreclosure and its impact on your credit, a quick cash sale can be a strategic exit.
- Problematic tenants: For landlords struggling with tenants, selling for cash offers an easy way out without the legal hassle.
- Selling from afar: Managing a sale from out of state can be daunting; cash sales simplify this process significantly.
Pros and cons of house-buying companies in Greeley
Selling your Greeley home to a house-buying company has its ups and downs. Here are some the biggest pros and cons you should consider:
Pros:
The key advantages of using a house-buying company in Greeley include speed and the convenience of selling your home “as is.” Here are some of the main benefits:
- Quick sale: Companies typically close within a week, offering you a fast solution to cash in on your property.
- No repairs needed: You can sell your home as-is, avoiding the time and expense of making any repairs or renovations.
- No real estate fees: Selling directly to a buyer means you skip agent commissions and closing costs, keeping more money in your pocket.
- Less hassle: Avoid the stress and uncertainty of dealing with showings, contingencies, and potential buyers falling through.
Cons:
While the speed of a cash offer is the main benefit, it’s good to consider the drawbacks. The most significant downside is that you will receive an offer below market value.
- Lower offers: Expect to receive less than what you might get in the traditional market, as companies need to profit from the resale.
- Limited negotiation: Offers are typically non-negotiable, so you have less room to maneuver for a better price.
- Potential for scams: Be vigilant as the industry can attract scams; thorough research and choosing reputable companies are essential.
- Quick decision required: Companies often expect a quick decision, which might pressure you into accepting an offer without adequate consideration.
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 you decide to sell your home to a house-buying company in Colorado, it’s crucial to ensure you’re dealing with reputable buyers.
Here are some quick tips on how best to verify that the company you are selling to is legitimate:
- Research the company: Look up reviews and testimonials to gauge the reputation and reliability of the cash buyer. A company with a solid track record is likely a safer bet.
- Check market presence: Investigate how long the company has been buying homes in your area. The longer a company has been around, the more likely it is to be legitimate.
- Read the agreement carefully: Before signing anything, thoroughly read the buying agreement.
- Know your home’s value: Understanding the market value of your home can help you assess whether the cash offer is fair. Consider getting an independent appraisal if you’re unsure.
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 Greeley home quickly
iBuyers: These instant buyers use automated valuation models to quickly offer market value for homes in good condition. The iBuyer process from offer to closing is rapid, but keep in mind companies like Opendoor and Offerpad may charge fees up to 6%.
Listing with an agent: While slower than iBuyers, listing your home with a real estate agent can yield higher selling prices, especially if the market favors sellers. Agents provide valuable insights through a comparative market analysis, which is often free.
For more direct selling, agents can sometimes secure cash offers close to market value. To explore this option, HomeLight can connect you with top agents in your area.
FAQs on Greeley house-buying companies
By and large, most We Buy Houses for Cash companies in Greeley 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 Greeley 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 Greeley victorian home could sell for $425,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $267,500
In this example, a Greeley We Buy Houses company might offer you around $267,500 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 Greeley 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 Greeley 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 Greeley vs. top Greeley 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 Greeley | Sell with a top Realtor in Greeley |
| Selling timeline | 7 to 30 days | 76 days average; 34 to attract an offer, 42 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 | 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 Greeley is worth about $425,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $450,000.
| Sell to a We Buy Houses for Cash company in Greeley | Sell with a top Realtor in Greeley | |
| Estimated sale price | ($450,000 x .70) – $25,000 = $290,000 | $425,000 |
| Market preparations | 0 | $4,250 (1% of sale price) |
| Agent commissions | 0 | $24,650 (5.8% of sale price) |
| Closing costs | 0 | $6,375 (1.5%) |
| Estimated take-home for seller | $290,000 | $389,725 |
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 process: Cash-for-homes companies can close on your house rapidly, usually within a week.
- As-is sale: You can sell your home as it is, without needing to make costly repairs or renovations.
- No agent fees: Selling directly means you won’t pay real estate commissions, potentially saving thousands.
- Simple transaction: The process is straightforward, with minimal paperwork compared to traditional sales.
- 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 Greeley agent.
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