We Buy Houses Bexar County: Top 5 Companies
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re looking to sell your Bexar County home quickly, a We Buy Houses company could be a good option. These companies make all-cash offers for homes, often focusing on properties that need repairs. For homeowners who don’t have the time, money, or know-how to make those fixes, a fast cash sale can offer relief and help you move forward.
A cash-for-homes company can be a helpful alternative when faced with a sudden change in circumstances, like a job relocation, unexpected financial stress, or inheriting a property.
In this guide, we’ll explain how the process works, explore the pros and cons, and help you decide if selling your Bexar County house for cash is the right move for you.
Sell Your House Fast in Bexar County 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 Bexar County.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Bexar County area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Bexar County
Working with a house-buying company in Bexar County is a simple, straightforward process that helps you sell your home quickly without worrying about repairs or complicated negotiations. Here’s how it works:
- Contact the company: Reach out to a house-buying company to express interest in selling your home.
- Schedule an evaluation: The company will arrange a time to inspect your property and assess its condition.
- Receive an offer: After the evaluation, the company will present you with a cash offer, typically within 24 to 48 hours.
- Review the offer: Review the offer and decide whether you’re ready to accept the terms.
- Sign the contract: If you’re satisfied with the offer, sign the agreement to proceed with the sale.
- Close the sale: The company handles the closing process, and you receive your payment, often within days.
Popular We Buy Houses for Cash companies in Bexar County
If the process of selling to a house-buying company in Bexar County 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’ Spanish Revival or Ranch-Style Homes. By selling to one of these companies, you should be able to sell your Bexar County home in as little as a week or two.
Danny Buys Houses
Danny Buys Houses is a local home-buying company based in San Antonio, Texas. It purchases homes for cash and can deal with various situations such as foreclosure, inherited homes, or other financial struggles.
Locations: Bexar County and surrounding areas.
Closing costs: Sellers pay no closing costs. Danny Buys Houses covers them.
Danny Buys Houses has been BBB accredited since 2015 and holds an A + BBB grade rating. Danny Buys Houses holds a 5.0-star rating on Google.
Website: dannybuyshouses.com
Phone number: 210-881-7707
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bexar County (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 Bexar County.
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 Bexar County
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
Sell My House Fast SA TX
Sell My House Fast San Antonio Texas was founded in 2009.After you fill out their online form, you will be contacted to schedule an in-person or virtual property assessment before they make their offer. Once an offer has been accepted, you choose the closing date, and they handle the paperwork and close at a local title company.
Locations: San Antonio, Texas and surrounding cities including Bexar County.
Closing costs: Sellers pay no closing costs; Sell My House Fast San Antonio Texas covers them.
Sell My House Fast San Antonio Texas has been BBB accredited since May of 2022 with an A+ rating. It has maintained a 5-star rating on Google with over 100 reviews.
Website: sellmyhousefastsatx.com
Phone number: 210-951-0143
River Walk Home Buyers
River Walk Home Buyers has been in the business of buying and selling homes for three years, and is a locally owned and operated house-buying company. Once you fill out their online form, they will contact you to set up either an in-person visit or a virtual walkthrough and will use that information to make their offer.
Locations: San Antonio, Texas and surrounding cities including Bexar County.
Closing costs: Sellers pay no closing costs; River Walk Home Buyers covers them.
River Walk Home Buyers has been BBB accredited since September of 2021 with an A+ rating. They also have 4.6 stars on Google reviews.
Website: riverwalkhomebuyers.com
Phone number: 210-750-3335
New Again Houses
New Again Houses was founded in 2008. New Again Houses has also developed proprietary software to assist their national network of franchise owners in confidently flipping houses in their local markets.
Locations: New Again Houses serves homeowners in various locations, including Bexar County.
Closing costs: Sellers pay no closing costs; New Again Houses covers them.
New Again Houses has an A+ rating with the Better Business Bureau (BBB).
Website: newagainhouses.com
Phone number: 423-389-9110
Why sell your Bexar County house for cash?
If you need to sell your home quickly, a cash-for-homes company is one of the best options, though you will usually get a smaller offer than selling on the open market. However, the property will sell significantly faster.
In Bexar County, it typically takes around 96 days to sell a home on the market using an agent. That includes an average of 53 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 Bexar County, 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.
Here are some common scenarios where selling your house for cash might be a good fit:
- Job relocation: You need to sell fast to move for a new job without managing a lengthy home sale process.
- Divorce: Selling quickly and dividing the proceeds may simplify the process of separating finances.
- Inherited property: You want to avoid the time and expense of managing an inherited home, especially from a distance.
- Downsizing: Selling your home for cash can speed up your transition to a smaller, more manageable property.
- Repairs: If your house needs significant repairs, selling for cash lets you skip the fixes and sell as-is.
- Open houses: You’d prefer to avoid the hassle and inconvenience of staging and hosting open houses.
- Foundation issues: Selling for cash can help you avoid paying out-of-pocket for expensive foundation repairs.
- Foreclosure: A cash sale could help you avoid foreclosure and settle your mortgage debt.
- Tenants: You want to sell your rental property but don’t want to wait for a tenant’s lease to expire.
- Selling from out of state: Selling for cash provides a quick solution without needing to travel back and forth.
Pros and cons of house-buying companies in Bexar County
Selling your Bexar County house to a house-buying company can offer significant advantages. The biggest perks are speed and convenience, as these companies will buy your home in any condition without requiring you to make repairs or preparations. Here’s a quick look at the key benefits:
- Fast sale: House-buying companies can close the deal in as little as a week, making it ideal for homeowners who need to sell quickly.
- As-is sale: You can sell your house without making any repairs or updates, which can save you time and money on costly fixes.
- No contingencies: Most cash buyers don’t include contingencies in their offer, reducing the risk of the sale falling through at the last minute.
- Convenience: You avoid the hassle of open houses, showings, and keeping your home in showing-ready condition.
While house-buying companies offer a quick sale, the biggest drawback is that they often present offers that are below market value. This trade-off can mean receiving significantly less than what your home could sell for with an agent. Here are some of the key downsides:
- Lower offer: Expect to receive less for your home than you would on the open market, as these companies typically aim for a profit margin.
- No room for negotiations: Most offers are take-it-or-leave-it, leaving you with little ability to negotiate the price.
- Potential for scams: Be cautious of scams and fraudulent companies that may try to take advantage of your situation.
- Limited buyer pool: You won’t have the opportunity to explore offers from multiple buyers, as you would with a traditional listing.
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
When selling your Bexar County home to a We Buy Houses for Cash company, the level of service and integrity you experience can vary. To ensure a smooth experience, take the following steps before committing to a cash offer:
- Check reviews: Look at online reviews and testimonials from previous clients to gauge the company’s reputation.
- Research the company: Investigate the company’s presence in the market and how long they’ve been buying homes.
- Ask for references: Don’t hesitate to ask for references from past clients who sold their homes to the company.
- Read the agreement carefully: Review the buying agreement in detail, paying close attention to the terms, fees, and timeline.
- Verify legitimacy: Ensure the company is legitimate, licensed, and not involved in fraudulent activities.
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 Bexar County home quickly
iBuyers: iBuyers, or instant buyers, use automated valuation models to provide fast, all-cash offers for homes in good condition. Companies like Opendoor and Offerpad often offer more than traditional house-buying companies, but charge service fees of 5%-6%. The iBuyer process typically closes in a few days to two weeks.
Listing with an agent: Selling with a top agent can result in a quick sale in the right market, while typically fetching a higher price. A trusted agent will provide a comparative market analysis (often free) to help set a price. HomeLight can connect you with a top-performing agent who may even find cash buyers.
FAQs on Bexar County house-buying companies
By and large, most We Buy Houses for Cash companies in Bexar County 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 Bexar County 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 Bexar County Spanish Revival could sell for $293,600 after repairs, but it will need $30,000 of work to get there.
($293,600 x .70) – $30,000 = $175,520
In this example, a Bexar County We Buy Houses company might offer you around $175,520 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 Bexar County 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 Bexar County 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 Bexar County vs. top Bexar County 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 Bexar County | Sell with a top Realtor in Bexar County |
| Selling timeline | 7 to 30 days | 96 days average; 53 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 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 | 3%-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 Bexar County is worth about $293,600 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $268,600.
| Sell to a We Buy Houses for Cash company in Bexar County | Sell with a top Realtor in Bexar County | |
| Estimated sale price | ($268,600 x .70) – $25,000 = $163,020 | $293,600 |
| Market preparations | 0 | $2,936 (1% of sale price) |
| Agent commissions | 0 | $8,808 (3%) |
| Closing costs | 0 | $4,404 (1.5%) |
| Estimated take-home for seller | $163,020 | $277,452 |
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 sale: Cash-for-homes companies offer a fast way to sell your house, often closing in just a week or two.
- As-is sale: You don’t need to make repairs or updates; cash buyers will purchase your home in its current condition.
- No contingencies: These companies typically present offers without contingencies, reducing the risk of delays or deal fall-throughs.
- Lower offer: Cash-for-homes companies usually provide less than market value as they aim for a profit margin.
- 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 Bexar County agent.
Header Image Source: (irianna88w / Deposit Photos)
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