We Buy Houses companies in Colorado provide all-cash offers for Centennial State homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash fast.
So why would you want to work with these companies? Maybe you’ve just accepted a job offer in Salt Lake City and are looking for a quick, low-hassle way to sell your Fort Collins home during the winter. Or perhaps you’ve inherited your late parents’ Denver bungalow and want to sell it as-is.
Whatever the case, a We Buy Houses for Cash company could be the best solution if you’re looking for a quick and easy sale. However, before you request a cash offer, it’s important to understand how much a Colorado house-buying company might offer for your home and how the process works. It’s also wise to explore your options before you make a commitment.
We’re going to cover what you can expect when working with Colorado home-buying companies. Then, we’ll introduce you to some of the top Colorado cash-for-homes companies to consider.
Need to Sell Your House in Colorado Fast?
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 Colorado.
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of Colorado “We Buy Houses” companies should not be considered endorsements.
Working with house-buying companies in Colorado
We Buy Houses companies in Colorado typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. They tend to target distressed properties in need of repairs and work with sellers who need to move ASAP.
Here’s what you can expect from the process:
- You request an offer and provide the company with some information about your home. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.
- The company completes a walk-through of your property, usually within 24 to 48 hours.
- The company makes a firm offer (usually within 24 to 48 hours, sometimes on-site after the walk-through) which you can accept or decline. Most of these companies will not negotiate on price, so the offer is a take-it-or-leave-it scenario.
- If you accept the offer, you’ll both sign a contract, and the closing process will begin. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.
- Closing and getting paid is quick, typically within 10 days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.
Many of the We Buy Houses companies in Colorado follow some version of the above steps to help people sell their homes quickly. However, details such as the amount a company is willing to offer for your home, how much of the process can be done online, and the time required to close may vary depending on who you work with.
Popular We Buy Houses for Cash Companies in Colorado
If these benefits of selling to a house-buying company in Colorado sound good to you, it’s time to find a legitimate operation you can trust. We’ve compiled some of the best home-buying companies in Colorado that will enable you to quickly sell your home for cash.
Note: Individual program details frequently change. Please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.
The Buy-Out Company
The Buy-Out Company is a veteran in the Denver cash homebuyer scene. The operation has purchased more than 1,800 properties in the Denver area, which adds up to $778 million in total property value transacted. Their team is led by general partners Doug Perry and Bob Hothem, who together have more than 80 years of experience buying and selling real estate.
The company will purchase all types of homes, including those with structural issues and those at risk of foreclosure. The company provides quick offers, flexible closing dates, and $10,000 in earnest money to show that it is serious when buying real estate.
Locations: Denver and the surrounding areas, including Colorado Springs, Aurora, and Fort Collins
Closing costs: The Buy-Out Company covers a seller’s closing costs, but you are still responsible for any prorated property taxes owed.
The Buy-Out Company has more than 100 Google reviews for an average rating of 4.7 out of 5 stars. They are accredited with the Better Business Bureau and have an A+ rating. Customers speak of fair offers regardless of whether their home was in good condition or in need of serious repairs. Reviewers also commend the smooth sales process, courteous employees, and closing times as quick as 48 hours.
Website: thebuyoutcompany.com
Phone: 303-557-2266
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Colorado 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 different locations throughout Colorado.
With Simple Sale, you can get an 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: Across the U.S., including Colorado
Closing costs: No prep costs, no agent commissions, and no 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 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
Watson Buys
Watson Buys is led by Shaun and Jenn, a local couple who have been purchasing and renovating Colorado homes since 2011. They are happy to 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.
Closing costs: You pay no closing costs; Watson Buys covers them.
Watson Buys has a perfect 5-star rating on Google. Many people speak of prompt and professional communication, Shaun’s excellent knowledge of the real estate market, and fair offers. 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. Watson Buys also has an A+ rating with the Better Business Bureau and has been accredited since 2023.
Website: watsonbuys.com
Phone: 720-418-8670
First Integrity Home Buyers
First Integrity Home Buyers has been purchasing homes in the Denver area and surrounding communities since 1999. They work with sellers in a variety of situations to find a suitable closing date, whether that’s three days or three months. To demonstrate their serious intentions, they offer proof of funds and provide substantial earnest money.
Locations: Exclusively serving Colorado
Closing costs: You pay no closing costs; First Integrity Home Buyers covers them.
First Integrity Home Buyers has an A+ rating on the Better Business Bureau website. Reviewers say the company offers exceptional service with a smooth and efficient process. Clients appreciate the team’s professionalism, reliability, and competitive cash offers. The company is praised for their easy-to-navigate transactions, quick closings, and willingness to handle unique situations, such as donating items left behind.
Phone: 303-751-5100
Express Homebuyers, Colorado
This national company serves several Colorado communities, promising an offer within seven minutes and closing in as few as seven days. Since 2003, the company has worked with more than 4,000 homeowners.
Express Homebuyers buys houses in all conditions, including those with flood or fire damage and those in fire zones with no homeowners insurance. Because of the rapidity of their offer and closing, they’re also a good choice for homeowners facing foreclosure or other financial woes.
Locations: Denver, Colorado Springs, New Castle, Breckenridge, Steamboat Springs
Closing costs: Sellers pay no closing costs; Express Homebuyers covers them.
Express Homebuyers has been BBB accredited since 2004 and currently holds an A ranking, as well as 4.4 stars on Google. Customer reviews for Express Homebuyers speak to the flexibility of closing, particularly when a tenant still occupies the property, as well as the fairness of offers. Some national reviewers express dissatisfaction with what they believe is a lack of communication and the limited amount of marketing materials they receive. There is also an ongoing case about the company’s past marketplace conduct in Washington, D.C.
We Buy Houses, Colorado
More than 1 million homeowners nationwide have worked with We Buy Houses since they started in business 25 years ago. This national company serves many Colorado communities, promising to make an offer within 24 to 48 hours and close in seven to 14 days. Most offers are within 50% to 70% of Fair Market Value.
We Buy Houses buys houses in all conditions and is familiar with handling problem tenants. The company cautions sellers to beware of imitators and illegitimate companies who advertise using a “We Buy Houses” name.
Locations: Denver, Colorado Springs, New Castle, Breckenridge, Steamboat Springs, and throughout the state
Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
We Buy Houses has been BBB accredited since 2020 and currently enjoys an A+ ranking. They have 4.7 out of 5 stars on Google with 23 reviews. Customer reviews for We Buy Houses speak to the speed of response and offers. They express satisfaction with the company’s professionalism and the value they received.
Phone: 877-932-8946
We Buy Ugly Houses®, Colorado (Homevestors®)
We Buy Ugly Houses® specializes in problem properties: homes in bad condition, unattractive homes, homes in flood plains, or homes in bad neighborhoods. Because of that, their offers tend to be lower than other cash buyers. Founded in 1996, they’ve purchased more than 140,000 homes.
Sellers fill out a form online or call to schedule an appointment. Shortly after the walk-through, an offer is made. Closing can take place in as few as three weeks, but the company is flexible.
Locations: Denver, Aurora, Westminster, Whittier, Lafayette, Colorado Springs, Fort Collins, Grand Junction, and more
Closing costs: Sellers pay no closing costs; We Buy Ugly Houses® covers them.
We Buy Ugly Houses® in Denver has been BBB accredited since 2011 and currently enjoys an A+ ranking. They also have 4.8 stars on Google with more than 40 reviews. Reviewers praised the company for their compassionate and professional approach, especially when dealing with properties sold as-is. Clients appreciate the fair offers compared to other investors and the company’s willingness to accommodate personal circumstances, such as grief and home repairs. Overall, customers find the service reliable and responsive, with positive feedback for their personalized support and reasonable offers.
Why sell your Colorado house for cash?
There are plenty of valid reasons a Colorado home seller may choose to work with a cash-for-homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.
In Colorado, it typically takes about 99 days to sell a home on the market using an agent. That includes 55 days on 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 Colorado, 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.
These companies are growing in popularity, especially for sellers who don’t have the typically required long weeks or months to prepare, market, and close on a traditional home sale. Let’s look at some of the most common reasons Colorado sellers decide to use a We Buy Houses for Cash company over listing a property the traditional way.
- The home has significant repair issues, such as concrete driveway cracks due to the clay soil and dry weather or tree roots penetrating the sewer line.
- The seller needs to cash in quickly or move ASAP due to a divorce, medical need, financial strain, job relocation, or some other pressing family or life change.
- The seller doesn’t have the necessary funds or desire to make home repairs.
- The seller doesn’t want the stress, work, or headaches of prepping the home, coordinating showings, negotiating, or navigating a lengthy or complex sales process.
- The seller desires the privacy of selling their property quietly off-market to a cash buyer.
- The seller is facing foreclosure and just wants to sell the home and settle their debts with the lender before the situation (or credit history) gets worse.
- The seller wants a convenient and fast way to unload an inherited property.
- The seller is a landlord who no longer wants to manage a rental property or wants to relieve themselves of a problem tenant.
- The homeowner is growing old and moving in with a relative or into a care facility, prompting their family to sell the property for convenience or to help fund the move.
- The seller is living out of state and desires the benefits of an easy, quick cash sale.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a We Buy Houses company might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Colorado
In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better consider your options.
Pros to We Buy Houses for Cash in Colorado
One of the biggest advantages of working with We Buy Houses for Cash companies in Colorado is that you can sell your home as-is with no repairs required, and they’ll buy homes in any condition.
If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.
Here are some other pros to consider:
- Speed: You can typically sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer that comes with few contingencies, or no contingencies at all.
- No repairs: If your home is in need of repairs you can’t afford, you can skip them altogether. Or, if you don’t have the desire or time to tackle repairs, a We Buy Houses company can be a fitting solution to sell a home in poor condition.
- Less hassle: You won’t need to worry about showings, open houses, fielding offers, negotiating, low appraisals, or the risk of the buyer’s financing falling through.
That all may sound pretty great to you as a seller if you’re looking to move within weeks rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with cash-for-homes companies. Namely, they typically offer substantially below market value for your home.
Cons to We Buy Houses for Cash in Colorado
When considering an offer from a We Buy Houses site, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment.
Here are some potential downsides to weigh:
- Low-priced offers: Most companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (ARV) (or the value that your house could sell for on the market once it’s all fixed up) minus repair costs. This means the cash offer you receive may be markedly lower than what you’d get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying company’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables the company to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- A company may be untrustworthy: As with any industry, there’s a risk of falling in with a less trustworthy company. Some cash-offer outfits deliberately make low offers to desperate homeowners and then pressure them into making a fast, unvetted decision. An unprincipled group may even engage in fraud tactics, though it’s rare.
- Pressure tactics: We Buy Houses for Cash companies know that homeowners in need of a quick sale are often facing a desperate situation. While many offer real solutions, some companies take advantage of this urgency by applying pressure tactics.
Your home is more than a place where you make memories with family; it’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you choose to work with one of these We Buy Houses for Cash companies.
Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.
Vet cash buyers and know your home’s worth
For many homesellers, We Buy Houses for Cash companies can be a solid solution to get a property sold quickly or to access cash for an expected life challenge. On the other hand, the “cash for your home” rehabbing business model has also led to what some housing advocates call predatory tactics.
The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.
If you are considering 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.
Get a home value estimate
Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then, compare cash offers to what a top agent might be able to get for your home. HomeLight can connect you with a top-performing agent in your 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.
You can also use HomeLight’s free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.
Other options to sell your Colorado home quickly
iBuyers
Within the cash-for-homes business, you’ll also encounter a particular group of companies known as iBuyers or instant buyers.
iBuyer companies offer sellers many of the same conveniences of other house-buying operations, but they also leverage algorithmic technology, otherwise known as automated valuation models (or AVMs), to make you a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.
iBuyers offer all-cash and can close in a matter of days to a few weeks. But unlike more traditional We Buy Houses for Cash companies, iBuyers tend to look for homes in better condition and offer much closer to market value, typically in the 85%-95% range.
Though one thing to note is that major iBuyers like Opendoor and Offerpad usually charge sizable fees for their services, between 5% and 6%.
Sellers who may be a good fit to work with an iBuyer in Colorado include those who prefer to skip staging and showing their home, who live in an area with somewhat similar housing, and who have a home in relatively good shape.
Listing with an agent
It might be surprising to see this agent option included in our story about cash-for-homes businesses in Colorado. Most homeowners seeking information about house-buying companies want to sell a home quickly, not in 99 days. But it’s wise to consider all your options.
If your home is in a housing market that’s seller-friendly, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
Depending on the property and local market conditions, using an agent could pay off. Selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This is a market report that real estate agents provide to homesellers that acts as a tool to calculate the value of a home. The CMA evaluates a home’s size, features, location, age, and other details in relation to similar properties that have recently sold in the area. A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell.
In addition, an experienced agent who knows your market may even connect you with buyers who will provide you with a cash offer that’s closer to your home’s market value.
Many agents will provide a free CMA, with no obligation to list your home with them. It can be a valuable tool to consider your options. If, in the end, you decide to sell to a Colorado house-buying company, you can proceed with more confidence, knowing you fully examined your options and made a sound financial decision.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
Key takeaways
- We Buy Houses for Cash companies in Colorado can offer you a way to sell your home in as few as seven days with no repairs, showings, or hassles.
- There are many reputable cash home-buying companies across Colorado, and most sellers going this route can find a company that suits their needs.
- You could leave significant money on the table using a cash-for-homes company versus going with a top agent or iBuyer.
HomeLight’s Simple Sale platform provides all-cash offers for homes in almost any condition in Colorado. Because the platform has partner investors with different buying parameters across the state, it can be a great starting point if you aren’t sure who would buy your home.
FAQs on Colorado house-buying companies
By and large, most We Buy Houses for Cash companies 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 legitimate.
That said, as with any financial transaction, it’s a good idea to be on 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 cash-for-homes companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (ARV), minus repair costs.
Here’s what that simple formula looks like:
(Your home’s ARV x .70) – repair costs
Now let’s take a look at a practical example. Let’s say your Fort Collins home could sell for $500,000 after repairs, but it’s going to need $80,000 of work to get there.
($500,000 x .70) – $80,000 = $270,000
In this example, a Colorado cash-for-homes company will probably offer you about $270,000 for your property.
However, different types of house-buying companies will offer varying amounts for homes. An iBuyer might pay you 85%-95% of market value while charging a fee for their services.
Selling a home to a We Buy Houses for Cash company shouldn’t cost you any money, though you’ll likely get less overall for your home.
Since these companies are geared toward distressed homes, they tend to have zero fees, and will even cover your closing costs. That means the offer you get is the price you should walk away with. Make sure to ask about any hidden program fees that could eat into your bottom line.
- Research and vet house-buying companies available in your area. The above list is a great place to start.
- Submit offer requests to your top few companies.
- Schedule any on-site visits.
- Field and compare offers. Choose the best option for you.
- Close in a week to 30 days and get paid (or you can often choose a later closing date, up to 90 days after offer).
“We Buy Houses Colorado” refers to companies or investors that purchase properties directly from sellers in Colorado. These companies offer a convenient and efficient alternative to the traditional selling process. They typically buy houses in any condition, handle the necessary paperwork, and aim to close transactions quickly.
“We Buy Houses Colorado” companies generally operate by allowing homeowners to submit their property information online or through a phone call. They assess the property, make a fair cash offer, and if accepted, proceed with the sale. The process often involves minimal repairs, no staging, and a simplified closing process.
While there are reputable “We Buy Houses Colorado” companies, it’s important to research and verify their credibility. Read reviews, check if they are properly licensed and accredited, and seek recommendations from trusted sources. Working with a reputable company ensures a reliable and fair transaction for homeowners in Colorado. You can access pre-approved We Buy Houses companies located in Colorado through HomeLight’s Simple Sale platform.
Selling to a We Buy Houses company in Colorado offers advantages such as a quick sale, no need for repairs or renovations, and a hassle-free process. These companies often provide cash offers, allowing homeowners to bypass traditional financing hurdles. Additionally, they may be more flexible with closing timelines, accommodating the seller’s needs
While selling to a We Buy Houses company can be beneficial, it’s important to consider the potential downsides. The offered price may be lower than the market value, reflecting the convenience and quick sale. Homeowners should carefully evaluate their financial goals and explore other selling options before making a final decision.
We Buy Houses for Cash in Colorado vs. Top Colorado agent
Wondering how a We Buy Houses for Cash company stacks up against working with a real estate agent? We’ve got you covered.
| Aspect of the sale | Sell to a We Buy Houses company in Colorado | Sell with a top agent in Colorado |
| Sale timeline | 7 to 30 days | 99 days average; 55 to attract an offer, 44 to close the loan |
| Home preparations | None | Make necessary repairs, deep clean, declutter, landscape, stage home |
| Showings | None required, although some companies will complete a walk through | 10 to 25 showings average |
| Inspections / repairs | None required prior to closing, though iBuyers may deduct a repair credit at closing | May need to make repairs for the buyer or renegotiate price |
| Appraisal | A traditional appraisal is not required, but many companies will use their own analytics to come to a fair price | May need to lower the price if 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 loan doesn’t clear |
| Agent commission | None | 3%-5.8% average* |
| Closing costs | None | 1% to 3% of sale price on top of commission* |
Example Net Proceeds
Imagine you want to sell your Denver area home, which is currently worth about $577,000 but needs about $15,000 worth of repairs. Once repairs are made, the home should be valued at $592,000. Here’s how selling to a We Buy Houses company and working with a top Colorado real estate agent compares when it comes to your bottom line.
| Sell to a We Buy Houses company in Colorado | Sell with a top Realtor® in Colorado | |
| Estimated sale price | ($592,000 x .70) – $15,000 = $399,400 | $577,000 |
| Market preparations | 0 | $5,770 (1% of sale price) |
| Agent commissions | 0 | $17,310 (3%* of sale price) |
| Closing costs | 0 | $8,655 (1.5% of sale price) |
| Estimated take-home for seller | $399,400 | $545,265 |
As this example illustrates, financially it’s usually in your best interest to partner with an experienced real estate agent.
Agent commission changes
*On March 15, 2024, the National Association of Realtors (NAR) announced a landmark lawsuit settlement that will change the way real estate agent commissions are handled in the future. These changes will “decouple” seller and buyer agent compensation. Industry experts predict that this decoupling will likely lower agent fees and give buyers the ability to negotiate commission amounts directly. Learn more.
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.
House-buying companies can be a good alternative for Colorado sellers in need of a quick exit from homeownership, but they’re not without drawbacks. However you choose to sell your home, it’s important to avoid making a hasty decision.
For best results, take the time to weigh your options, gather offers from multiple companies, and consider consulting with a top agent to see how easily your property could sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs!
Header Image Source: (Andrew Coop / Unsplash)
English (US) · 