We Buy Houses Carrollton: 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.
Need to sell your house quickly in Carrollton? We Buy Houses companies in Carrollton specialize in making all-cash offers for homes, often those that need repairs. These companies offer a fast and simple solution if you don’t have the time, money, or expertise to fix up your property.
Selling your house for cash is a great option if you’re dealing with an unexpected or urgent situation. You can skip the traditional selling process, receive your money faster, and move forward with your next steps, stress-free.
In this post, we’ll outline the pros and cons of working with We Buy Houses companies in Carrollton, helping you decide if it’s the right option for your situation.
Sell Your House Fast in Carrollton 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 Carrollton, TX.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Carrollton area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Carrollton
If you’re a homeowner in Carrollton looking to sell your house quickly, working with a house-buying company can simplify the process. These companies offer a straightforward, stress-free option, especially if your property needs repairs. Here’s a quick overview of the steps you’ll typically follow when selling to a cash-for-homes company in Carrollton:
- Contact the company: Reach out to a house-buying company in Carrollton to express your interest in selling.
- Provide property details: Share basic information about your house, including its condition and location.
- Schedule a home visit: The company will set up a time to inspect your property, usually within a few days.
- Receive a cash offer: After the inspection, you’ll get a no-obligation cash offer for your home.
- Accept the offer: If the offer meets your needs, you can accept it and move forward with the sale.
- Close the sale: Complete the paperwork and close the sale, often within a week, to receive your cash payment.
Popular We Buy Houses for Cash companies in Carrollton
If the process of selling to a house-buying company in Carrollton sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies that will pay cash for your or your parents’ ranch-style home or traditional house. By selling to one of these companies, you can sell your Carrollton home in as little as a week or two.
Metroplex Homebuyers
Metroplex Homebuyers buys homes in any condition, with no need for repairs, cleaning, or showings. Metroplex Homebuyers provides no-obligation cash offers within 24 hours and with no commissions or closing costs.
Locations: All over the Dallas-Fort Worth metroplex, including Carrollton.
Closing costs: Sellers pay no closing costs; Metroplex Homebuyers covers them.
Metroplex Homebuyers boasts a 4.9 Google rating and an A+ BBB rating, with reviews praising the company for its fair offers, transparency, and timely closings.
Website: metroplexhomebuyers.com
Phone number: 972-526-5615
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Carrollton (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 Carrollton.
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 Carrollton.
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
Myers Home Buyers
Myers Home Buyers specializes in purchasing homes as-is for cash, allowing homeowners to close in as little as two weeks.
Locations: Houston and Dallas-Fort Worth metroplex, including Carrollton.
Closing costs: Sellers pay no closing costs; Myers Home Buyers covers them.
Myers Home Buyers, with a 4.6 Google rating and an A+ BBB rating, is highly praised for its transparent, quick, and stress-free process. Reviews appreciate fair cash offers, seamless communication, and no repairs or showings.
Website: myershomebuyers.com
Phone number: 886-771-2250
Southern Hills Home Buyers
Southern Hills Home Buyers, a family-owned business based in Plano, Texas, specializes in providing fast and hassle-free home-selling solutions.
Locations: All throughout Dallas, including Carrollton
Closing costs: Sellers pay no closing costs; Southern Hills Home Buyers covers them.
Southern Hills Home Buyers, with a 4.9 Google rating and an A+ BBB rating, is praised for its professionalism, honesty, and seamless home-buying process. Reviews highlight their transparent communication, fair cash offers, and ability to handle complex situations like foreclosure and inherited properties.
Website: southernhillshomebuyers.com
Phone number: 214-225-3042
House Heroes
Florida-based House Heroes, which has expanded its reach to Dallas, will purchase single-family homes in any condition, as well as land, condos, and apartments that owners want to offload quickly.
Locations: Offices serving markets across Florida and Dallas, including Carrollton.
Closing costs: Typically, sellers pay no closing costs; House Heroes will “often pay” for them. Consult this company directly for details about your unique situation.
House Heroes, LLC has been accredited with the BBB since 2017 and retains an A+ rating. With over 50 Google reviews averaging 4.9 stars, customers report professional, responsive staff and positive experiences selling homes and lots (land) in any condition.
Website: househeroes.com
Phone: 954-676-1846
Why sell your Carrollton house for cash?
There are plenty of valid reasons a Carrollton home seller may choose to work with a Cash-For-Homes company. The speed of the sale, particularly when compared to selling via the traditional market, is often cited as one of the primary factors.
In Carrollton, it typically takes around 71 days to sell a home on the market using an agent. That includes an average of 28 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 Carrollton, 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.
Selling your house for cash in Carrollton can be a smart move when traditional selling methods aren’t the right fit. If you’re dealing with a time-sensitive situation or simply want to avoid the hassle of a lengthy home sale, a cash buyer might be the ideal solution. Here are some common scenarios where selling to a house-buying company could be beneficial:
- Job relocation: If a new job requires you to move quickly, selling your house for cash lets you relocate without delays.
- Divorce: A fast cash sale can help you finalize the separation process and move on with your life.
- Inherited: Selling an inherited property for cash can simplify the process, especially if you live out of town or don’t want to manage the property.
- Downsizing: If you’re ready to move to a smaller home, a cash buyer can offer a quick and easy sale.
- Repairs: Avoid costly repairs by selling your house as-is to a cash buyer, especially if your home needs significant work.
- Open houses: Skip the stress of preparing for open houses and showings by opting for a cash sale.
- Foundation: Selling a home with foundation issues can be tough; a cash buyer might overlook these problems.
- Foreclosure: If foreclosure is looming, a quick cash sale could help you avoid damaging your credit further.
- Tenants: If you’re tired of managing tenants, selling your rental property for cash can offer a clean break.
- Selling from out of state: If you no longer live in the area, a cash sale can simplify the process of selling your Carrollton home remotely.
Pros and cons of house-buying companies in Carrollton
When considering selling your Carrollton home to a house-buying company, it’s essential to weigh the advantages and disadvantages. This section provides an at-a-glance summary of the key pros and cons to help you make an informed decision.
Selling your house to a house-buying company in Carrollton offers speed and convenience. These companies purchase homes in any condition, allowing you to skip repairs and preparations. Here’s a summary of the main advantages:
- Quick sale: House-buying companies can close the sale within days, offering a fast solution if you need to sell your home quickly.
- No repairs: You can sell your house as-is, without spending time or money on repairs or updates.
- Avoid contingencies: Cash offers from these companies typically have no contingencies, reducing the risk of the sale falling through.
- Simple process: The transaction process is straightforward, with less paperwork and fewer steps compared to a traditional home sale.
However, it’s important to consider the drawbacks. The most significant con is that house-buying companies in Carrollton often offer you below-market value for your home, which may result in less profit than selling with a real estate agent. Here’s a summary of the key drawbacks:
- Lower offer: Expect a cash offer that is typically lower than what you’d get by listing your home on the market.
- Potential for scams: Be cautious of scams and fraudulent companies that may try to take advantage of your situation.
- No market exposure: Selling to a house-buying company means your home won’t be exposed to the open market, potentially missing out on higher offers.
- Limited negotiation: These companies often present a take-it-or-leave-it offer, giving you little room to negotiate.
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
- Varying experiences: The integrity and service you experience from a We Buy Houses for Cash company in Carrollton can vary significantly. The character of the person or group making the offer plays a crucial role.
- Vet thoroughly: Before committing to a cash offer, make sure to vet the company thoroughly. Check online reviews, read testimonials, and research the company’s market presence and performance.
- Read the agreement carefully: Before signing, carefully read the buying agreement to understand all terms. Ensure there are no hidden fees or unfavorable conditions that could impact your sale.
- Know your home’s worth: Understanding your home’s market value will help you evaluate the fairness of the cash offer and make an informed decision.
HomeLight suggests you consult with an experienced local agent to understand better 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 Carrollton home quickly
iBuyers
iBuyers are part of the Cash-For-Homes industry and use automated valuation models (AVMs) to deliver quick home value estimates, offering an easy, mostly online sale experience. Companies like Opendoor and Offerpad provide all-cash offers, often closer to market value, for homes in good condition. The iBuyer process typically takes a few days to two weeks but may include service fees of 5%-6%.
Listing with an agent
While Cash-For-Homes businesses prioritize speed, listing with a top real estate agent can also yield a fast sale in a seller-friendly market. Partnering with an agent often results in the highest selling price. Agents provide a comparative market analysis (CMA) to help set a strategic price, and many offer this service often free. If you choose this route, HomeLight can connect you with a top-performing agent today.
FAQs on Carrollton house-buying companies
By and large, most We Buy Houses for Cash companies in Carrollton 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 Carrollton 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 Carrollton ranch-style home could sell for $450,000 after repairs, but it will need $30,000 of work to get there.
($450,000 x .70) – $30,000 = $285,000
In this example, a Carrollton We Buy Houses company might offer you around $285,000 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 Carrollton 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 Carrollton 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 Carrollton vs. top Carrollton 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 Carrollton | Sell with a top Realtor in Carrollton |
| Selling timeline | 7 to 30 days | 71 days average; 28 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 | 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 Carrollton is worth about $450,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $475,000.
| Sell to a We Buy Houses for Cash company in Carrollton | Sell with a top Realtor in Carrollton | |
| Estimated sale price | ($475,000 x .70) – $25,000 = $307,500 | $450,000 |
| Market preparations | 0 | $4,500 (1% of sale price) |
| Agent commissions | 0 | $26,100 (5.8% of sale price) |
| Closing costs | 0 | $6,750 (1.5%) |
| Estimated take-home for seller | $307,500 | $412,650 |
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: House-buying companies offer a fast solution, often closing within days.
- No repairs needed: You can sell your house as-is without making costly repairs.
- Lower offers: Expect cash offers that may be below market value.
- Limited negotiations: Most house-buying companies present take-it-or-leave-it offers.
- 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 Carrollton agent.
Header Image Source: (trongnguyen / Unsplash)
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