Denver Cash Home Buyers: Sell Your House Fast and Hassle-Free
Whether you need to sell your house quickly or lack the resources to prepare it for listing, Denver cash home buyers can be a straightforward option compared to the traditional market. Deals can close in a matter of days or weeks, and with fewer contingencies, they are more likely to be carried to completion.
Local and national investors, who often transact in cash, see the value in the city’s stable growth. Denver has added thousands of new residents in recent years thanks to its pleasant weather, strong job market, and proximity to the mountains.
In this guide, we’ll explain how to find reputable cash home buyers in Denver and outline the advantages of a cash home sale. These insights will help you cash in your downtown condo or suburban single-family home with relative ease.
Disclaimer: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal or tax advice. HomeLight always encourages you to reach out to your own advisor.
How to find cash home buyers in Denver
If you’re looking to sell your Denver home quickly and with minimal fuss, cash home buyers could be a great option. Here are some ways to find reputable Denver cash home buyers who may be willing to make a fair offer on your property.
Work with a reputable local real estate agent
Even when opting for a cash sale, working with a top-performing real estate agent can streamline the process. Agents have established networks and often know investors interested in buying homes for cash. By partnering with a Denver agent, you avoid the time-consuming task of vetting numerous cash buyers yourself. An agent can connect you with reliable cash buyers, ensuring a smoother transaction.
If you don’t have an agent yet, HomeLight can connect you with top agents in Denver who are experienced in handling cash transactions. While real estate agents do earn commissions, their knowledge and experience can be valuable for achieving a quick and efficient home sale.
Focus on investors rather than owner-occupiers
Denver is a popular market among real estate investors due to its strong rental returns and abundance of high-quality renters. Roughly 15% of Denver homes sold between early 2021 and late 2022 went to investors — an estimated $9.5 billion worth of real estate.
To attract these types of investors, consider listing your property on platforms frequented by real estate investors or attending local real estate investment meetings. Additionally, you can search online for “We Buy Houses” companies in Denver. These house flippers typically operate under the 70% rule, meaning they may offer to purchase your home for 70% of its after-repair value minus any renovation costs, aiming to profit from the resale.
Do your due diligence
When considering cash-for-homes companies, it’s important to conduct thorough research to confirm their credibility. Start by checking the Better Business Bureau (BBB) website, or reach out to the local chapter, BBB Serving Greater Denver and Central Colorado.
Read through reviews on platforms like Google, Yelp, Facebook, and Trustpilot. These reviews can provide insights into the company’s reliability and customer satisfaction. Verify the company’s licenses, track record, and customer referrals to ensure you are dealing with a legitimate and reputable cash buyer.
Before signing an offer, ask for proof of funds
Ensuring that a cash buyer has the necessary funds readily available is crucial. Request proof of funds from the buyer, which typically comes in the form of bank statements or financial letters demonstrating their capability to purchase your home outright. If a buyer hesitates to provide this proof, consider it a red flag. Working with a trustworthy buyer who can immediately show proof of funds will safeguard you from potential scams and ensure a smoother, more secure transaction.
