5 Top We Buy Houses for Cash Companies in West Allis
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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 considering selling your home in West Allis, Wisconsin, but feeling overwhelmed by the thought of repairs and a lengthy selling process? We Buy Houses for Cash companies in West Allis offer a compelling solution, making all-cash offers for homes that might need a little — or a lot — of repair. This option is particularly appealing if you’re short on time, expertise, or funds to handle home improvements.
Selling your home for cash in West Allis can be a great solution, particularly if you’re facing urgent circumstances or want to expedite your plans. This approach offers a simple way to receive your proceeds without the typical market challenges. However, there are some important details to consider.
In this post, we’ll explore the advantages and disadvantages of partnering with house-buying companies in West Allis. Our goal is to help you assess your options and make a well-informed choice that aligns with your needs.
Sell Your House Fast in West Allis, Wisconsin 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 West Allis, Wisconsin.
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of West Allis area “We Buy Houses” companies should not be considered endorsements.
Working with house-buying companies in West Allis
Navigating the sale of your West Allis home to a house-buying company can be straightforward and swift. Here’s a simple guide to the basic steps involved in this process, tailored for homeowners like you who are looking for a quick and hassle-free sale.
- Research companies: Start by researching various We Buy Houses companies in West Allis. Look for reputable firms with a record of fair dealings and positive reviews.
- Contact the company: Reach out to the chosen company through their website or give them a call. Provide them with basic information about your property.
- Schedule a visit:The company will arrange a visit to your property to assess the house’s condition and determine their offer.
- Receive an offer: After the evaluation, the company will present you with a cash offer. This is usually a firm offer with little to no room for negotiation.
- Accept the offer: If you’re satisfied, you can accept it. This step will initiate the sales process.
- Close the sale: The final step is the closing, where you’ll sign the paperwork and receive the cash for your home. Closings with cash buyers typically are much faster than traditional real estate transactions.
Popular We Buy Houses for Cash companies in West Allis
If the process of selling to a house-buying company in West Allis sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies to pay cash for your bungalow or your parents’ Colonial-revival home. By selling to one of these companies, you should be able to sell your West Allis home in as little as a week or two.
Fair Deal Home Buyers
Fair Deal Home Buyers is a real estate company committed to making home-selling simple and stress-free. Guided by core values like loyalty, generosity, and excellence, they focus on personalized service and positive community impact. CEO Amir Erez and Sales Manager Peter Jilk lead the team to ensure seamless transactions, buying homes as-is without fees or repairs, and offering an efficient, hassle-free experience.
Locations: Throughout Wisconsin, including West Allis
Closing costs: Sellers pay no closing costs; Fair Deal Home Buyers structures an offer that eliminates any out-of-pocket expenses for the seller.
Fair Deal Home Buyers has a 4.8-star rating on Google reviews, and clients highlight their professionalism, speed, and supportive approach. Clients appreciate the efficient, seamless process and feel reassured by the attentive communication from team members like Allen, Beza, and Peter. The company is commended for offering fair prices and maintaining transparency throughout the transaction. Customers value the peace of mind and ease provided during stressful real estate situations, with many recommending the company for its reliability and care in handling the home-selling process. Fair Deal Home Buyers has an A+ rating with the BBB and has been accredited since 2018.
Website: fairdealhomebuyers.com
Phone: 414-409-8251
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in West Allis 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 US, and 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 locations throughout West Allis.
With Simple Sale, you can get a no-obligation, all-cash offer in as little as 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 West Allis
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
Cream City Home Buyers
Cream City Home Buyers is a trusted real estate investment firm in Riverwest, Milwaukee, dedicated to providing homeowners with effective solutions to challenging situations. Established in 2016, the company values honesty, fairness, and transparency, assisting clients facing issues like foreclosure or inherited properties by offering various selling options.
Led by founder Kurt Walker and co-owner Chris Poniewaz, the team focuses on renovating purchased homes and renting them out affordably, positively impacting the community. They prioritize customer satisfaction and aim to create mutually beneficial outcomes for sellers and the business.
Locations: Milwaukee and surrounding area, including West Allis
Closing costs: Sellers pay no closing costs; Cream City Home Buyers covers them.
Cream City Home Buyers boasts an impeccable 5-star rating on Google Reviews, with clients consistently highlighting the company’s professionalism and courtesy. Customers commend the seamless and stress-free closing process, reflecting a commitment to hassle-free transactions. Cream City Home Buyers has been BBB accredited since March 2020, and maintains an A+ rating.
Website: creamcityhomebuyers.com
Phone: 414-488-0082
Beau Buys Houses
Beau Buys Houses has offered straightforward property transactions in the Milwaukee area and surrounding communities since 2008. They specialize in buying houses as-is for cash, closing on a seller’s preferred date.
Locations: Whitefish Bay and surrounding areas, including West Allis
Closing costs: Sellers pay no closing costs; Beau Buys Houses covers them.
Beau Buys Houses has a 4.6-star rating from Google reviews, and customers say they appreciated Beau’s consideration during emotional transactions. Reviewers describe the process as quick and easy. Beau Buys Houses has been accredited by the BBB since 2017 and holds an A+ rating.
Website: beaubuys.com
Phone: 414-395-8497
Metro Milwaukee Home Buyer
Metro Milwaukee Home Buyer offers an efficient process for homeowners looking to sell quickly for cash. Sellers can fill in an online contact form, call or message the company to schedule an inspection, and receive a cash offer following an assessment.
Locations: Milwaukee and surrounding areas, including West Allis
Closing costs: Sellers pay no closing costs; Metro Milwaukee Home Buyer covers them.
Metro Milwaukee Home Buyer holds a perfect 5-star rating on Google reviews, and clients describe the team as professional, helpful, and responsive throughout the process, making selling a house easy and painless. The company is accredited by the BBB and holds an A+ rating.
Website: metromilwaukeehomebuyer.com
Phone: 414-435-2888
Why sell your West Allis house for cash?
West Allis home sellers have many compelling reasons to partner with a cash-for-homes company, including the ability to sell quickly, avoid lengthy negotiations, and skip the usual repairs and showings. It’s a straightforward way to get cash in hand without the typical stress of the selling process.
In West Allis, it typically takes about 64 days to sell a home on the market using an agent. That includes an average of 20 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 West Allis, 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 West Allis home for cash to a house-buying company can be an excellent solution in many situations. These companies are increasingly popular among sellers who need to bypass the lengthy preparation, marketing, and closing processes of traditional home sales. Here are some scenarios where choosing a cash buyer might be the best option for you:
- Significant repairs needed: Your home has major repair issues, making it difficult to sell the traditional way.
- Quick cash requirement: You must cash in quickly or move ASAP due to a divorce, medical need, financial strain, job relocation, or other urgent life changes.
- Lack of repair funds: You don’t have the funds or desire to invest in making home repairs before selling.
- Avoiding stress and work: You want to avoid the stress, work, or headaches of preparing the home, coordinating showings, and navigating a complex sales process.
- Desire for privacy: You prefer selling your property quietly off-market to a cash buyer for privacy reasons.
- Facing foreclosure: You’re facing foreclosure and want to sell the home quickly to settle debts with the lender.
- Inherited property: You want a convenient and fast way to unload an inherited property.
- Landlord issues: You’re a landlord who no longer wants to manage a rental property or deal with problem tenants.
- Elderly moving: You or a family member is moving into a care facility, prompting a quick property sale.
- Out-of-state owner: Living out of state, you desire the benefits of an easy, quick cash sale without traveling back and forth.
If you’re a homeowner in West Allis dealing with any of these situations, getting a cash offer from a We Buy Houses for Cash company could be a smart move. But think of it as just a starting point in your search for solutions. You won’t know if it’s the best choice until you check out other options, and we’re here to help you explore those in the next section!
Pros and cons of house-buying companies in West Allis
When considering selling your West Allis home to a house-buying company, it’s essential to understand the pros and cons. The biggest advantages are the speed of the sale and the ability to sell your house in any condition without needing repairs or preparations. Here’s a quick overview of the key benefits:
- Speed of transaction: House-buying companies in West Allis can close the deal quickly, often within days, which is ideal for urgent situations.
- No need for repairs: You can sell your house as-is, avoiding the cost and time involved in repairs or renovations.
- Simplified process: The sale process is straightforward, with less paperwork and no need for staging or showings.
- Avoiding traditional sale hassles: You bypass many typical challenges of selling a home, such as waiting for buyer mortgage approvals.
On the other hand, the most significant downside is that these companies likely will offer less than the market value for your home compared to selling on the market with an experienced real estate agent. Here are some important drawbacks to consider:
- Lower offers: Offers from house-buying companies typically are below market value to account for their risk and investment in repairs.
- Limited negotiation: The price is usually a take-it-or-leave-it deal, leaving little to no room for negotiation.
- Potential for scams: It’s crucial to research and verify the credibility of the house-buying company to avoid scams.
- Loss of profit potential: Despite being more time-consuming, selling through traditional methods could yield a higher selling price.
Considering these pros and cons, it’s also important to understand the value of your West Allis home and how to vet potential cash buyers. In the next section, we’ll delve into how to assess cash buyers and determine your home’s worth.
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 work with a We Buy Houses for Cash company in West Allis, it’s crucial to remember that the level of integrity and service can vary significantly. Your experience largely will depend on the character and professionalism of the person or group making the offer. Before committing to a cash offer, take the time to vet the company thoroughly.
Start by checking online reviews, reading testimonials from previous sellers, and researching the company’s presence and performance in the West Allis market. This due diligence can give you a clearer picture of what to expect and help avoid pitfalls. Additionally, make sure to read the buying agreement carefully before signing. Understanding every aspect of the deal is key to ensuring you make a well-informed decision about selling your home.
HomeLight suggests you consult with an experienced local agent to better understand what your home might be worth if sold on the open market. Then, compare it with your cash offer. HomeLight can connect you with a top-performing agent in your market. You also can use HomeLight’s Home Value Estimator for an initial estimate in less than two minutes.
Other options to sell your West Allis home quickly
iBuyers
iBuyers, or instant buyers, use automated valuation models (AVMs) to offer near-instant home value estimates. They provide a mostly online experience, offering all-cash deals typically closer to market value for homes in good condition. The iBuyer process from offer to closing is quick, usually within a few days to two weeks. However, companies like Opendoor and Offerpad charge service fees of 5% to 6%.
Listing with an agent
Listing with a top real estate agent can also result in a fast sale, especially in a seller-friendly market. An agent can provide a comparative market analysis (CMA), which helps determine an appropriate listing price and estimate the time to sell. Many agents offer CMAs, often free.
Partnering with a proven agent can yield the highest selling price and they may even connect you with buyers offering cash closer to market value. If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on West Allis house-buying companies
Most We Buy Houses for Cash companies in West Allis are legitimate businesses. Their services and transaction fees may differ, but the business model has existed for decades. If you use an established group with a track record, you can be fairly confident it’s legitimate.
As with any financial transaction, it’s a good idea to be 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.
Most West Allis We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV) 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 look at an example offer equation. Let’s say your West Allis Colonial-revival house could sell for $260,000 after repairs, but it will need $30,000 of work to get there.
($260,000 x .70) – $30,000 = $152,000
In this example, a We Buy Houses for Cash company in West Allis might offer you about $152,000 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 We Buy Houses for Cash company in West Allis, you’re facing a double-edged sword. On one hand, you won’t have to worry about extra costs since these companies take care of nearly everything once you accept their offer. On the other hand, you may end up receiving less money for your home overall.
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 affect your bottom line is always a good idea.
We Buy Houses for Cash in West Allis vs. a top West Allis 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 look at the various aspects of the sale and compare potential proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in West Allis | Sell with a top Realtor® in West Allis |
| Selling timeline | 7 to 30 days | 64 days average; 20 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 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% to 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 put together 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 West Allis is worth about $260,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth about $285,000.
| Sell to a We Buy Houses for Cash company in West Allis | Sell with a top Realtor in West Allis | |
| Estimated sale price | ($285,000 x .70) – $25,000 = $174,500 | $260,000 |
| Market preparations | 0 | $2,600 (1% of sale price) |
| Agent commissions | 0 | $7,800 (3% of sale price) |
| Closing costs | 0 | $3,900 (1.5%) |
| Estimated take-home for seller | $174,500 | $245,700 |
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 challenging in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Speed and simplicity: Selling your West Allis home to a house-buying company offers a fast and straightforward process, ideal for urgent situations.
- As-is sale: You can sell your home in its current condition, avoiding the cost and time of repairs and renovations.
- Lower offers: Be prepared to receive offers below market value, as these companies factor in their investment risks and repair costs.
- Research is key: Thoroughly vet any house-buying company before proceeding. Check reviews, read testimonials, and understand the buying agreement.
- Consider all options: Evaluate the pros and cons of selling to a cash-for-homes company versus other methods like iBuyers or traditional real estate agents.
- 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 West Allis agent.
Header Image Source: (Paul Brennan / Pixabay)
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