5 Top We Buy Houses for Cash Companies in Arlington
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Richard Haddad, Executive EditorClose
Richard Haddad Executive EditorRichard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
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Fran Metz, Contributing EditorClose
Fran Metz Contributing EditorFran Metz is a freelance content writer, editor, blogger and traveler based in Las Vegas, Nevada. She has seven years of experience in print journalism, working at newspapers from coast to coast. She has a BA in Mass Communications from Fort Lewis College in Durango, Colorado, and lived in Arvada for 15 years, where she gained her experience with the ever-changing real estate market. In her free time, she enjoys 4-wheeling, fishing, and creating digital art.
As a homeowner in Arlington, Texas, you may be facing a life change and need to sell your house fast. “We Buy Houses” companies can serve as a beacon for those in the city whose homes might need work or who don’t have the time, expertise, or funds for repairs. These companies offer all-cash deals, giving sellers the chance to bypass the hassles and get a quick sale.
Selling your Arlington home for cash can be a lifesaver in pressing situations, allowing you to swiftly move on with your future plans. However, like all big financial decisions, it comes with its own set of pros and cons.
In this post, we’ll provide you with insights to help you evaluate whether selling to a cash-for-homes company in Arlington is the right solution for you.
Sell Your House Fast in Arlington With a Cash Offer
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Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of Arlington area “We Buy Houses” companies should not be considered endorsements.
Working with house-buying companies in Arlington
If you’re an Arlington homeowner looking for a swift sale through a house-buying company, here’s a quick overview of the process to get your home sold for cash.
1. Research reputable companies: Begin by identifying well-established house-buying companies in Arlington. Look for reviews, ratings, and local testimonials to ensure you’re working with a trustworthy firm.
2. Contact your chosen company: Reach out to the company you’ve selected. Share details about your property, its current condition, and any other pertinent information they may request.
3. Get a home assessment: The company likely will arrange a visit to evaluate the condition of your house. This will form the basis of their offer.
4. Receive an offer: Based on the assessment, you’ll be presented with a cash offer. These offers generally are take-it-or-leave-it, without much room for negotiation.
5. Review the offer: Take your time to consider whether the offer aligns with your needs and expectations. There’s wisdom in comparing offers from several house-buying companies in Arlington.
6. Close the deal: If you accept the offer, you’ll proceed to the closing process. This is where you finalize the paperwork and receive your payment, allowing you to quickly move forward with your life and financial plans.
Popular We Buy Houses for Cash companies in Arlington
If the process of selling to a house-buying company in Arlington sounds good to you, it’s time to find a legitimate operation you can trust. Fortunately, there are a good number of established Texas We Buy Houses companies from which to choose.
We’ve compiled some of the top companies that will pay cash for your Tudor-style home or your parents’ Craftsman bungalow. By selling to one of these companies, you should be able to sell your Arlington home in as little as a week or two.
Four 19 Properties
Neil and Shayla Dempsey are the husband-wife duo behind Four 19 Properties, an accomplished real estate venture established in 2006. Their expertise spans diverse property types, including inherited, pre-foreclosure, foreclosed, and tax-delinquent properties. The company name, inspired by Matthew 4:19 (I will make you fishers of men), mirrors their dedicated approach to helping others. Balancing real estate with family life, they prioritize win-win outcomes in every deal, driven by their passion for aiding sellers and a commitment to their biblical principles.
Locations: Fort Worth and many of the surrounding areas, including Arlington, Grand Prairie, Mansfield, Burleson, Benbrook, Haltom City, Saginaw, Watauga, Granbury, Cleburne, and North Richland Hills
Closing costs: Sellers pay no closing costs; Four 19 Properties covers them.
Since November 2020, Four 19 Properties has held BBB accreditation with an A+ rating. Backed by a 5-star Google rating, they’ve established a strong rapport with clients. One client praises Shayla for her sincerity, tailored advice, and honest assistance, driven by extensive expertise. The business owners’ integrity shines through in a seamless property evaluation and offer process, described by another client as transparent, forthright, and easily approachable. Their positive reputation is built on genuine interactions and professionalism.
Website: four19properties.com/tx/arlington
Phone: 817-754-1957
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Arlington 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 Arlington.
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 Arlington, Texas
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 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
We Buy Houses Arlington
Founded in 1998, We Buy Houses is a national home-buying network with independent franchise offices throughout the country. They purchase a variety of properties, including single-family homes, condos, land, and more. The process begins with sellers providing initial property details, after which a representative visits the home to make an offer. Once the offer is accepted, the company sets a closing date, typically within seven to 14 days. We Buy Houses also specializes in working with foreclosures, sellers who are behind on payments, short sales, landlord-tenant situations, and vacant properties.
Locations: Nationwide, including Arlington
Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
The We Buy Houses main office has been BBB accredited since 2020 and has an A+ rating. Customer reviews for the We Buy Houses office in Fort Worth say the company was very easy to work with and very professional, giving them a 5-star rating.
Website: webuyhouses.com/TX/Arlington
Phone: 817-533-4200
House Buyers Texas
House Buyers Texas is a veteran-owned business that will purchase any type of property across Texas, including in Arlington. This company is all about speed and ease. “We understand that not everyone has the time or money to invest in fixing up their home before selling,” they explain on their website. The company provides a cash offer within 24 hours, and once you accept their offer, you can close in as few as three days. They’ll buy homes in any condition, and you can choose your closing date.
Locations: Texas-based company serving Arlington as well as Austin, Dallas, Fort Worth, Houston, and San Antonio.
Closing costs: You pay no closing costs; House Buyers Texas covers them.
House Buyers Texas has a 4.7-star rating on Google but is not rated or accredited with the BBB. Customers rave about the company’s strong offers, knowledgeable staff, kind service, and quick closings. Steven Hoeke, a military veteran and certified military residential specialist, co-owns a real estate agency with his wife, Beverly. Together, they bring a wealth of experience and dedication to serving their clients. The Hoeke Team receives strong marks in communication, knowledge, expertise, and patience.
Website: housebuyerstexas.net
Phone: 281-504-7027
Southern Hills Home Buyers
Southern Hills Home Buyers is a family-owned real estate solutions company located in Plano. They specialize in assisting homeowners facing various challenges such as foreclosure, difficulty selling properties, probate, and other burdensome situations. Their goal is to offer win-win solutions that enable homeowners to address their problems and continue pursuing their passions.
Locations: Dallas, Houston, and Plano offices, serving Arlington and other Texas cities.
Closing costs: Sellers pay no closing costs; Southern Hills Home Buyers covers them.
Southern Hills Home Buyers is BBB accredited and holds an A+ rating. The company boasts a 5-star Google review rating. A recent review highlights a first-time home seller’s positive experience. They recently worked with Southern Hills Home Buyers in Dallas to sell an inherited home and were thoroughly impressed. The entire process was smooth and hassle-free, with a professional and efficient team guiding them from the initial consultation to the final closing. The quick cash transaction exceeded their expectations, earning Southern Hills Home Buyers a five-star rating for making the sale an absolute breeze.
Website: southernhillshomebuyers.com/we-buy-houses-tx
Phone: 214-225-3042
Why sell your Arlington house for cash?
There are plenty of valid reasons an Arlington 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 Arlington, it typically takes about 76 days to sell a home on the market using an agent. That includes an average of 33 days on the market, plus the typical 43 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 Arlington, and it’s clear why these We Buy Houses groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Here are some common situations where selling your Arlington, Texas, home to a house-buying company could be a fitting solution:
- Immediate move requirement: Perhaps due to job relocation, a medical need, or an unforeseen family situation, you might need to vacate your home on short notice.
- Home in need of major repairs: If your home suffers from typical Arlington issues like water damage or foundational problems and you lack the funds for repairs, selling for cash can be ideal.
- Financial hardship: Facing challenges like pending foreclosure? Selling for cash can help you settle debts quickly and avoid further credit damage.
- Simplicity and convenience: Maybe you prefer to skip the hassles of home staging, multiple showings, and extended negotiations. A cash sale is straightforward.
- Desire for privacy: If you value discretion and want to sell off-market, cash-for-home companies ensure your privacy.
- Inherited property: For those who’ve recently inherited a property and are unsure or unprepared to maintain it, a cash sale offers an uncomplicated exit.
- Landlord fatigue: Tired of dealing with challenging tenants or simply want to get out of the landlord business? Sell your rental property for cash.
- Transition to care: For elderly homeowners moving to care facilities or joining relatives, selling for cash simplifies the transition and provides immediate funds.
As you reflect on your personal circumstances, a cash sale might resonate as the right fit. Nonetheless, while these scenarios provide clarity, it’s crucial to have a comprehensive understanding of the pros and cons, and what other options might be available.
Pros and cons of house-buying companies in Arlington
Selling to house-buying companies in Arlington offers an alternative to the traditional real estate market. Like all options, it presents both advantages and disadvantages. Let’s consider the pros and cons to better inform your decision.
Pros
Speed and the ability to sell without sprucing up your home are major draws for many homeowners in Arlington. Let’s look closer at these and other key benefits:
- Quick sales: Many house-buying companies can close in a matter of days or weeks, offering immediate relief for urgent sellers.
- No need for repairs: They typically purchase as-is, eliminating the stress and expense of home repairs or renovations.
- Bypassing the usual hassles: Forget staging, open houses, and long waits for potential buyer visits.
- No commissions or fees: You won’t have to pay Realtor commissions or closing costs that often accompany traditional sales.
Cons
While the process seems enticing, it’s vital to understand the potential drawbacks:
- Below market offers: As their primary aim is profit, house-buying companies often present offers below the potential market value of your home.
- Limited negotiation: Most offers are take-it-or-leave-it, giving you minimal room to negotiate terms or price.
- Risk of pressure: Some outfits may prey on your urgent situation, leading to pressure tactics or unfavorable deals.
- Potential for scams: Not all house-buying companies have your best interests at heart, so it’s essential to vet them thoroughly.
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Vet cash buyers and know your home’s worth
If you’ve decided to work with a top We Buy Houses for Cash company in Arlington, the experience you have can vary significantly. Much like any industry, the level of service and integrity hinges on the character of the individual or group behind the offer.
Before committing to any cash proposal, it’s crucial to do your homework. Vet the company thoroughly by checking online reviews, reading testimonials from fellow Arlington residents, and gauging its presence and track record in the market. Equally vital is a careful review of the buying agreement. Know the terms inside out, and don’t hesitate to seek clarification on any clauses before signing.
HomeLight suggests you consult with an experienced Arlington 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 local agent in your Texas market. You can also use HomeLight’s Home Value Estimator to get an initial estimate in less than two minutes.
Other options to sell your Arlington home quickly
iBuyers
National instant buyers, known as iBuyers, use automated valuation models for almost instant home value estimates, streamlining the selling process predominantly online. Established in the 2010s, they offer all-cash deals, often closer to market value, especially for well-maintained homes. Transactions are swift, often completed within two weeks.
Notable iBuyers include Opendoor and Offerpad, which can charge service fees between 5% and 6%. They’re ideal for sellers in areas with uniform housing and properties in good condition.
Listing with an agent
While this may seem an unexpected inclusion, considering all options is wise. In a seller-friendly market, a top Arlington real estate agent can facilitate a rapid sale if the home is priced right and marketed effectively. Listing typically gives the best sale price, even more so with a top agent. Data suggests the top 5% of agents get up to 10% more than average agents.
A valuable benefit agents offer is a comparative market analysis (CMA), aiding in setting the right listing price. This analysis can hint at how fast your home might sell. Many agents offer a CMA free.
In addition, some agents even have connections with cash buyers, potentially securing an offer close to market value. HomeLight can connect you with a top-performing local agent to explore this route further.
FAQs on Arlington house-buying companies
Most We Buy Houses for Cash companies serving Arlington 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 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.
Most Arlington 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 take a look at an example offer equation. Let’s say your Arlington home could sell for $350,000 after repairs, but it’s going to need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, an Arlington We Buy Houses company might offer you about $215,000 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.
Accepting an offer from an Arlington We Buy Houses for Cash company has its advantages and disadvantages. On one hand, you won’t have to pay extra costs, as these companies manage most of the process after you accept their offer. However, you may receive less money overall for your home. It’s crucial to consider both aspects before making your decision.
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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to ask the company if there are any hidden program fees that might affect your bottom line.
1. Research and vet the house-buying companies that serve your Arlington area. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Consider the pros and cons and choose the best option for you.
5. 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 Arlington vs. top Arlington 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 Arlington | Sell with a top Realtor® in Arlington |
| Selling timeline | 7 to 30 days | 76 days average; 33 to attract an offer, 43 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 Arlington is currently worth about $360,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth about $390,000.
| Sell to a We Buy Houses for Cash company in Arlington | Sell with a top Realtor in Arlington | |
| Estimated sale price | ($390,000 x .70) – $30,000 = $243,000 | $360,000 |
| Market preparations | 0 | $3,600 (1% of sale price) |
| Agent commissions | 0 | $10,800 (3% of sale price) |
| Closing costs | 0 | $5,400 (1.5%) |
| Estimated take-home for seller | $243,000 | $340,200 |
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
- Speed and convenience: We Buy Houses companies in Arlington can expedite the sale, often making all-cash offers, regardless of your home’s condition.
- Below-market offers: While these companies offer quick cash, their offers might be below the market value of your home.
- Varied experiences: The quality of service and offer you get can vary based on the specific company in Arlington you choose.
- Multiple selling options: From iBuyers to traditional real estate agents, there are numerous ways to sell your home, each with its pros and cons.
- Know your home’s worth: Before settling for any offer, understanding the real market value of your home is essential.
- Consider consulting with an agent: Many real estate agents offer valuable tools like a free comparative market analysis (CMA) to help you make an informed decision.
In conclusion, if you’re considering a cash-for-homes company in Arlington, it’s a smart move to gather multiple offers and take a moment to evaluate all your options.
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 Arlington agent.
Header Image Source: (trongnguyen / DepositPhotos)
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