7 Best Companies That Buy Houses for Cash in Colorado

Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers. In an attempt to win your property, investors could make multiple cash offers for your home.

• Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
• Typical Offer: Up to 100% of your property’s fair market value (FMV)
• Eligible Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
• Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You will have access to Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App

Houzeo is a real estate marketplace and America’s #1 Flat Fee MLS service because of 4 reasons:

1. Max Exposure: Houzeo MLS packages give you access to the MLS and 100s of websites like Zillow, Trulia, Realtor.com, Redfin, etc.
2. 5-Star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
3. 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.  Houzeo Mobile App is also very powerful.
4. No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!

There are no dealbreakers with Houzeo. Check out the blog on Houzeo pros and cons.

» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 4,523 home sellers on Google and Trustpilot!

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

Opendoor is the country’s biggest iBuyer. They offer fast cash for homes with flexible closing timelines.

• Service Fee: 5% of Home Sale Price.
• Typical Offer: 70% to 80% of your property’s fair market value (FMV)
• Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes, inherited properties, or homes with tenants do not qualify for Opendoor’s cash offer.
• Closing Offer Terms: Opendoor lets you close at your pace, up to 45 days out. The final offer terms may change after the home inspection.

» Opendoor Reviews: Why Opendoor will Pay Much Less than Fair Market Value in 2023?

• Wide Coverage: Opendoor pays cash for houses in 51 markets– Boston, Albuquerque, Cincinnati, Indianapolis, Birmingham, Miami, San Francisco, San Jose, etc.
• Flexible Closing Dates: Opendoor gives you the ability to close at your convenience up to 45 days out.
• Late Checkout Upto 14 Days: Opendoor allows sellers to close on their homes, receive sale proceeds, and temporarily rent their homes.
• No Cancellation Fees: You can cancel the contract without any cancellation fee.
• No Upfront Costs: When you sell to Opendoor, you skip the traditional home selling process. No need to fix, repair or stage the property!

» Opendoor complaints: Click here to learn about the pros and cons of them.

In our research, we came across some deal breakers with Opendoor.

• Lowball Cash Offer: Opendoor’s final cash offer may be below the property’s fair market value, around 70%. They also deduct repair and closing costs.
• Hefty Service Fees: Opendoor revises the final cash offer based on the inspection report. The service fees can go from 5% to 14%. This is significantly higher compared to the 6% realtor commission.
• Opendoor May Back Out of the Deal: Some homeowners have had a bad experience with Opendoor. Opendoor backed out of the cash deal at the last minute, leaving the homeowner stranded.
• Undisclosed Repair Cost Breakdown: The difference between Opendoor’s preliminary offer vs. final offer can be humongous. In many cases, sellers were forced to pay for unnecessary “repairs.”
• Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.

» Opendoor Complaints: Check out the common complaints of Opendoor.

Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.

» Opendoor.com Review: Does Opendoor pay the market value of your property?

Offerpad has the fastest closing among iBuyers. Based on housing market trends, their patented evaluation tool will generate an initial offer for your home.

They also have a “List on MLS” package where an Offerpad representative will list your property on the open market.

• Service Fee: 6% of Home Sale Price
• Typical Offer: 70% to 80% of Fair Market Value (FMV)
• Eligible Properties: Offerpad offers cash for houses built after 1960, with a maximum lot size of 1 acre and a max valuation of up to 1M. Homes with significant foundational issues or rundown properties are not eligible. Check this out to know more about offerpad criteria.
• Closing Offer Terms: When you sell to Offerpad, you can close as early as 7 days. The initial offer terms may change after the inspection of your house.

» Offerpad Reviews: Is the Fast Closing Schedule Worth the Tradeoff?

• Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in seven days.
• No Need to Fix the Property: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage the house.
• Extended Checkout: Long-term stay option for house sellers who want to push their closing date after acceptance.
• Broad Coverage: Offerpad buys houses for cash in 27 markets- Birmingham, Phoenix, Denver, Fort Collins, Fort Myers, Jacksonville, Atlanta, Kansas City, etc.

» What is Offerpad? Check this out to know more about them.

In our research, we found some issues associated with Offerpad Real Estate.

• Lowball Cash Offer: Offerpad’s cash offer is below market value, typically around 60% to 80% of the fair market value.
• High Service Fees: The Offerpad cash offer is readjusted based on repairs identified by the home inspector. The service fees can go up to 13% of the home sale price.
• Offerpad Cancellation Fee – 1%: If you are only 4 days out of your closing date and you decide not to accept Offerpad’s cash offer, Offerpad charges a cancellation fee of 1% of the home sale price.
• Inflated Repair Costs: Offerpad’s final cash offer is calculated after deducting home repair and seller closing costs. The difference between Offerpad’s initial offer and the final offer is huge.

» Offerpad Review: Read the in-depth review of Offerpad.

Offerpad has a 4.6 out of 5 stars rating on TrustPilot.

» Offerpad Review: Check out customer reviews of Offerpad.

The Buy Out Company is a Colorado-based real estate cash home buyer. The company helps homeowners get rid of a property – whether it’s facing foreclosure, death in the family, or a couple going through a divorce.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: The Buy Out Company offers cash on houses in any condition and situation, including probate properties, structural issues, divorce, foreclosure, etc.
• Closing Offer Terms: The Buy Out Company offers flexible closing times on homes, with typical closing times ranging from 7 to 30 days.

👉 Our Take: The Buy Out Company is a good option for local home sellers in Colorado who want to sell their house as-is. However, only expect an offer below the fair market value.

• Sell As-Is: You do not need to stage the home for listing or worry about making repairs.
• Quick Offer: You can get a cash offer within 24 hours!
• Flexible Closing: The Buy Out Company offers flexible closing terms as per client convenience. They even handle all the paperwork at no extra cost.
• No Home Inspection: Unlike most cash home buyers, you will not need to go through the hassle of a home inspection.

In our research, we came across some major drawbacks of The Buy Out Company:

• Lowball Cash Offer: The Buy Out Company pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
• Non-Negotiable Cash Offers: The Buy Out Company will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.

The Buy Out Company has 5 out of 5 stars from 34 reviews on Better Business Bureau Reviews.

We Buy Ugly Houses is a 20-year-old cash home buyer franchise. Independent real estate investors own and run each franchisee office. The parent company trains the franchisee but doesn’t micromanage their cash home-buying preferences. The brand, We Buy Ugly Houses is owned by HomeVestors.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Ugly homes with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
• Closing Offer Terms: WeBuyUglyHouses provides a flexible closing date, up to 30 days out. Offer terms are subject to change based on the local franchisee office.

👉 Our Take: We Buy Ugly Houses is best for sellers who want to unload their distressed houses quickly. You shouldn’t expect more than 70% of your property’s market value.

» We Buy Ugly Houses Reviews: Everything you need to know about these home cash buyers.

• Fast Cash Offers for Homes: WeBuyUglyHouses.com will share a preliminary cash offer for your property in 24 to 48 business hours.
• Zero Service Fees: WeBuy Ugly Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
• Fast Closing: We Buy Ugly Houses.com will close in just seven days after you accept their cash offer.
• Firm Cash Offer: We Buy Ugly House’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
• Wide Coverage: We Buy Ugly Houses offers cash for homes in 1,100 locations across 45 states.
• No Upfront Costs: When selling to WeBuyUglyHouses Com, you don’t have to fix your leaking roof or the mold residing in your walls.

» We Buy Ugly Houses Review: How does WeBuyUglyHouses.com calculate your cash offer?

In our research, we found some issues associated with We Buy Ugly Houses.

• Lowball Cash Offer: We Buy Ugly Houses pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
• WeBuyUgly Houses.com is Not 100% Online: We Buy Ugly has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.
• Non-Negotiable Cash Offers: We Buy Ugly Houses will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
• Inconsistent Quality of Service: When you work with house buyers like WeBuy UglyHouses, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

» Reviews of We Buy Ugly Houses: Check WeBuyUglyHouses reviews before requesting a cash offer for your condo.

We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.

» We Buy Ugly Houses Complaints: Check what customers say about WeBuyUglyHouses.com.

WeBuyHouses.com is a pre-vetted real estate investor network. We Buy Houses “thoroughly” vet their investors before authorizing them to operate independent offices in their respective jurisdictions.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, relocation of the homeowner, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
• Closing Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible.

👉 Our Take: We Buy Houses operates on a franchise model, so the quality of service may differ. You should check the reviews of the local franchise before requesting cash for your home.

» We Buy Houses Reviews: Everything you need to know about WeBuyHouses.com.

• Fast Cash Offers for Houses: You will typically receive WeBuyHouses.com’s initial cash offer within two days.
• Zero Service Fees: WeBuyHouses doesn’t charge any service fee in exchange for the convenience of selling your home for cash
• Fast Closing: We Buy Houses.com will close in just seven days after you accept their cash offer.
• Firm Cash Offer: We Buy Houses Com’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
• Broad Coverage: We Buy Houses makes cash offers on properties in 200 markets in over 30 states. WeBuyHouses com has 2,700 offices nationwide.
• Zero Upfront Expenses: When selling to WeBuyHouses Com, you don’t need to prep the home or worry about repairs.

» What is we buy houses? To know more about them check this out.

In our research, we came across some dealbreakers with We Buy Houses.

• Lowball Cash Offer: We Buy Houses investors may put in lowball cash offers around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• WeBuyHouses.com is Not 100% Online: WeBuyHouses has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. We Buy Houses does not offer a mobile app.
• Non-Negotiable Cash Offers: A ‘We Buy Houses’ investor may not offer more than 70% of your property’s fair market value. Even if your property isn’t distressed, they will rarely budge on the offer price.
• Inconsistent Quality of Service: When you sell to a cash buyer franchise like WBH, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

» WeBuyHouses.com Reviews: Learn how WeBuyHouses.com works.

We Buy Houses has zero customer reviews on popular review sites like Google or Trustpilot.

» webuyhouses.com reviews: Check this out to know more about them.

ASAP Cash Home Buyers started their journey in 2013. They are a reputable cash buyer who even refers their clients to credit and legal counseling services.

• Service Fee: None
• Typical Offer: 50% to 70% of the Fair Market Value (FMV)
• Eligible Properties: Extremely distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, empty lots, etc.
• Closing Offer Terms: They provide a flexible closing date from 3 weeks to any date of your choosing.

👉 Our Take: ASAP Cash Home Buyers’ is a good choice if you want to save on repair costs. However, you have to settle for a price significantly below the fair market value.

• Nationwide Coverage: ASAP Cash Home Buyers offers their services nationwide.
• Flexible Closing Date: You can set a closing date as per your convenience.
• No Hidden Costs: ASAP Cash Home Buyers have no undisclosed fees or hidden costs.
• Sell As-Is: They buy houses as-is and so you can cut down on repair costs and home staging costs.

Here are some drawbacks of ASAP Cash Home Buyers that we came across in our research:

• Inconsistent Quality of Service: When you sell to a cash buyer franchise, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
• No Commercial Properties: ASAP Cash Home Buyers are not interested in properties like timeshares, hotels, or rental communities.
• Limited Customer Reviews: You cannot be sure about their service with only a handful of reviews on Google and nothing on other platforms.

ASAP Cash Home Buyers have a rating of 3.7 out of 5 stars with 3 reviews on Google.