When time, repairs, or an unexpected change in circumstance pressures you to sell your Yuma home quickly, a We Buy Houses company might seem like a good solution. These companies specialize in making all-cash offers for homes, often for properties that need some work—enabling you to skip lengthy repair lists and get paid without delay.
A cash sale can be especially appealing if you lack the money or time for home improvements or simply want to sell fast.
In this guide, we’ll dive into the pros and cons of Yuma’s We Buy Houses companies. We will explain how the process works, provide you with some alternatives, and give you a list of Yuma companies worth considering.
Sell Your House Fast in Yuma 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 Yuma.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Yuma area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Yuma
When you’re ready to sell your Yuma home quickly without repairs or showings, working with a house-buying company can simplify the process. Here’s an overview of how it works:
- Submit your property information: Provide details about your home, including its condition, location, and any recent updates, either online or over the phone.
- Schedule a home assessment: The company will schedule a time to view your property in person or virtually to confirm its current condition.
- Receive an all-cash offer: After reviewing your property, the company will present a take-it-or-leave-it cash offer, typically within 24–48 hours.
- Review the terms: Look over the offer terms, including the closing timeline, any fees, and potential contingencies, to make sure they align with your needs.
- Sign the agreement: If you accept the offer, sign the purchase agreement to confirm the sale and begin the closing process.
- Close and get paid: Once the paperwork is complete, close on the property, often within days, and receive your cash payment directly.
Popular We Buy Houses for Cash companies in Yuma
If the process of selling to a house-buying company in Yuma 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-style or Pueblo revival home. By selling to one of these companies, you should be able to sell your Yuma home in as little as a week or two.
The Trusted Home Buyer
The Trusted Home Buyer is a house-buying company that purchases Arizona homes in any condition or situation. Founded in 2008, it became Better Business Bureau accredited (A+ rating) in 2010.
Locations: Throughout Michigan, Florida, and Arizona, including Yuma.
Closing costs: You pay no closing costs; The Trusted Home Buyer covers them.
Arizona reviewers give The Trusted Home Buyer an average rating of 4.7 stars on Google.
Website: thetrustedhomebuyer.com
Phone number: 602-456-4440
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Yuma (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 Yuma.
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 Yuma.
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
Doug Hopkins
Doug Hopkins is recognized as one of the top buyers of foreclosure properties in the Western U.S. Through the Doug Hopkins website, sellers can fill out a survey in less than five minutes, receive an as-is cash offer in less than 24 hours.
Locations: Throughout Arizona
Closing costs: The website notes that there is zero cost for sellers, no fees, and no hidden charges.
Doug Hopkins has more than 290 reviews and a 4.6 out of 5 rating on Google, although not all reviews speak about a cash home sale. The reviewers who did sell their homes for cash mentioned a stress-free experience and honest communication. Other reviewers state that the company offered other home sale methods if a cash offer wasn’t the right option.
Website: doughopkins.com
Phone: 602-567-1505
Patriot Flip Cash Home Buyers
Patriot Flip Cash Home Buyers specializes in hassle-free home sales in Arizona, connecting sellers with local cash buyers. It can make cash offers without repairs or hidden fees, often closing in days.
Locations: All over Arizona, including Yuma
Closing costs: Sellers pay no closing costs; Patriot Flip Cash Home Buyers cover them.
Patriot Flip Cash Home Buyers earns a 5.0 Google rating and an A- BBB rating.
Next Level Home Buyers LLC
Next Level Home Buyers LLC buys homes in any condition for cash, offering a quick, hassle-free sale with no fees, commissions, or repairs needed. They assist with properties facing foreclosure, inherited homes, and other complex situations, allowing sellers to close on a date of their choice.
Locations: Throughout Arizona, including Yuma.
Closing costs: You pay no closing costs; Next Level Home Buyers LLC covers them.
Next Level Home Buyers has a 4.7 Google rating and an A+ BBB rating. It is praised for professionalism, fair offers, and efficient communication.
Website: nextlevelhomebuyersusa.com/
Phone number: 928-504-2599
Why sell your Yuma house for cash?
If you need to sell your home immediately, selling for cash is a good move—particularly when compared to selling on the open market, which can often take weeks, if not months.
In Yuma, it typically takes around 92 days to sell a home on the market using an agent. That includes an average of 48 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 Yuma, 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.
If you’re facing an urgent situation or simply want to avoid the hassle of repairs and showings, selling your Yuma home for cash could be a convenient solution. Here are some common scenarios where a quick cash sale might be the best route for homeowners looking to simplify and speed up the process.
- Job relocation: Moving for a new job relocation can leave little time to sell traditionally.
- Divorce: Selling during a divorce can provide a clean break and quick financial resolution for both parties.
- Inherited: If you’ve inherited a property you don’t plan to keep, a cash sale can simplify things.
- Downsizing: Moving into a smaller home or retirement community (downsizing) might mean you want a quick sale to avoid overlapping expenses.
- Repairs: Homes needing significant repairs may be easier to sell as-is to a cash buyer.
- Open houses: Avoid the hassle of open houses and showings by opting for a straightforward cash offer.
- Foundation: If your home has foundation or structural issues, a cash buyer may still be interested.
- Foreclosure: Selling before foreclosure can help you move forward with cash in hand and avoid credit damage.
- Tenants: If you’re dealing with tenants in your rental, a cash sale can simplify the process.
- Selling from out of state: Managing a sale from afar is challenging, making a cash sale a hassle-free choice.
Pros and cons of house-buying companies in Yuma
Selling to a Yuma house-buying company offers a streamlined, hassle-free experience, especially if you need speed or want to avoid repairs. Here’s a look at some key benefits of choosing this option.
Pros of working with a house-buying company
- Fast closing: Cash buyers can often close in days, allowing you to move on quickly and avoid carrying costs associated with a longer sale timeline.
- No repairs needed: House-buying companies purchase homes as-is, so you won’t have to spend money or time on fixing or updating the property.
- No contingencies: Unlike traditional sales, cash offers from house-buying companies typically come without contingencies, streamlining the sale with fewer risks of delays.
- Convenience: With no need for showings or staging, you can avoid the disruptions and prep work typical of listing on the market.
While the process is convenient, the main drawback is the potential for a lower cash offer than what your home might fetch on the open market with a real estate agent.
Cons of working with a house-buying company
- Below market value: Offers are typically below market value, which could mean receiving significantly less than a market sale might yield with an agent.
- Potential scams: Some scams target sellers in vulnerable situations, so it’s crucial to carefully vet cash-buying companies for credibility.
- Limited buyer pool: With a house-buying company, you’re only considering one offer rather than opening up your property to multiple competitive bids from the general market.
- Lack of negotiation: Most cash-for-homes companies offer take-it-or-leave-it deals, so there’s little room to negotiate for a higher price.
When selling to a cash buyer, weighing these pros and cons can clarify whether this route fits your needs. Next, we’ll explore how to vet cash buyers and determine your home’s true worth before you make a final decision.
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 Yuma home quickly
If you’re seeking a quick sale but want to explore alternatives, here are two other options to consider.
iBuyers
iBuyers, such as Opendoor and Offerpad, use automated valuation models to generate near-instant cash offers for homes in good condition. Their streamlined, largely online iBuyer process offers cash payments in as little as a week, though service fees range from 5%-6%.
Listing with an agent
While it may not seem as fast, partnering with a top real estate agent can yield a high selling price. An agent provides a comparative market analysis to help set a price and may offer this service often free. If you’d like help finding a top agent, HomeLight can connect you with one who fits your needs.
FAQs on Yuma house-buying companies
By and large, most We Buy Houses for Cash companies in Yuma 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 Yuma 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 Yuma ranch home could sell for $220,000 after repairs, but it will need $30,000 of work to get there.
($220,000 x .70) – $30,000 = $124,000
In this example, a Yuma We Buy Houses company might offer you around $124,000 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 Yuma 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 Yuma 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 Yuma vs. top Yuma 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 Yuma | Sell with a top Realtor in Yuma |
| Selling timeline | 7 to 30 days | 92 days average; 48 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 | 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 Yuma is worth about $220,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $245,000.
| Sell to a We Buy Houses for Cash company in Yuma | Sell with a top Realtor in Yuma | |
| Estimated sale price | ($245,000 x .70) – $25,000 = $146,500 | $220,000 |
| Market preparations | 0 | $2,200 (1% of sale price) |
| Agent commissions | 0 | $12,760 (5.8% of sale price) |
| Closing costs | 0 | $3,300 (1.5%) |
| Estimated take-home for seller | $307,500 | $201,740 |
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 closings: Cash-for-homes companies can often close within days, making them a fast solution for sellers in a hurry.
- Sell as-is: With these companies, you won’t need to invest in repairs, renovations, or staging to get an offer.
- Below market value: Cash offers are typically lower than market value, as companies factor in the home’s as-is condition and their own resale goals.
- Limited negotiation: Most cash buyers offer take-it-or-leave-it deals, meaning you have little room to negotiate the offer 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 Yuma agent.
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