We Buy Houses Corsicana, TX: 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.
When you need to sell your Corsicana, TX home quickly, a We Buy Houses company might be a good move. These companies offer cash for homes, often making fast, no-hassle deals for properties that need repairs or updating. If you’re not in a position to fix up your home or deal with the traditional real estate market, this type of sale may be what you need
A cash offer allows you to sidestep the usual repair costs, closing quickly and getting the funds you need to move forward. Whether it’s a job relocation, an inheritance, or another unexpected life event, selling for cash can ease the burden.
In this post, we’ll explore the pros and cons of house-buying companies in Corsicana. You’ll gain insight to help you weigh your options and make the right decision for your situation.
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Corsicana area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Corsicana
When working with a house-buying company in Corsicana, you can expect a simple and straightforward process that allows you to sell your home quickly and receive cash for your property. Here’s an easy overview of the basic steps you’ll follow when selling your house to one of these companies:
- Submit your property information: Provide details about your home through the company’s online form or phone consultation.
- Schedule a home visit: The company will typically send someone to evaluate your property in person to assess its condition.
- Receive a cash offer: After the evaluation, the company will present you with a no-obligation, take-it-or-leave-it cash offer.
- Review the offer: Take time to decide if the offer fits your needs and timeline.
- Sign the purchase agreement: If you accept the offer, you’ll sign a simple contract to move forward with the sale.
- Close and receive payment: Finalize the sale at a closing appointment and collect your cash.
Popular We Buy Houses for Cash companies in Corsicana
If the process of selling to a house-buying company in Corsicana 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’ ranch-style home or victorian home. By selling to one of these companies, you should be able to sell your Corsicana home in as little as a week or two.
Pioneer Home Buyers
Pioneer Home Buyers is a family-owned company based in Texas that specializes in helping homeowners sell their houses quickly and easily. They offer cash deals for homes in any condition, allowing sellers to avoid the hassle of repairs, commissions, and listing fees.
Locations: Corsicana and surrounding areas in Texas.
Closing costs: Sellers pay no closing costs. Pioneer Home Buyers covers them.
Pioneer Home Buyers has a 5.0-star rating on Google.
Website: pioneerhb.com
Phone number: 817-382-1155
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Corsicana (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 Corsicana.
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 Corsicana.
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
Southern Hills Home Buyers
Southern Hills Home Buyers purchases homes in any condition, helping those facing foreclosure, relocation, or needing to offload inherited properties. They provide fair, cash offers and can close deals within a short timeframe, often in as little as seven days, offering flexible terms based on the seller’s needs.
Locations: Corsicana and surrounding areas in Texas.
Closing costs: Sellers pay no closing costs. Southern Hills Home Buyers covers them.
Southern Hills Home Buyers holds a 4.9-star rating on Google. On the Better Business Bureau (BBB), they also maintain an A+ rating.
Website: southernhillshomebuyers.com
Phone number: 214-225-3042
Home Buying Guys
Home Buying Guys is a real estate investment company specializing in buying houses for cash, offering a stress-free and efficient solution for homeowners in Corsicana, Texas, and surrounding areas.
Locations: Corsicana and surrounding areas in Texas.
Closing costs: Sellers pay no closing costs. Home Buying Guys covers them.
Home Buying Guys has a 4.9-star rating on Google and an A+ rating with the Better Business Bureau (BBB).
Website: homebuyingguys.com
Phone number: 866-847-3565
We Buy Houses, Corsicana TX
WeBuyHouses.com was founded in 1997 and buys houses in 200 markets and 30 states in any condition. According to their website, they have been trusted by 1 million homeowners and can present a cash offer even if the homeowner is behind on their mortgage or facing foreclosure.
Locations: Nationwide, including Corsicana.
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating.
Website: webuyhouses.com/TX/Corsicana
Phone number: 877-932-8946
Why sell your Corsicana house for cash?
There are plenty of valid reasons a Corsicana home seller may choose to work with a Cash-For-Homes company. The speed of the transaction, along with the certainty of sale, makes it a strong option when time is a factor.
In Corsicana, it typically takes around 155 days to sell a home on the market using an agent. That includes an average of 112 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 Corsicana, 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 this option makes sense:
- Job relocation: If you’re relocating for a job, a cash sale helps you sell quickly and focus on your next chapter.
- Divorce: When going through a divorce, a cash sale offers a faster resolution to help you move on.
- Inherited property: If you’ve inherited a house you don’t want to maintain or manage, a quick cash sale can simplify things.
- Downsizing: Downsizing to a smaller home can be easier with a cash sale, avoiding the hassle of prepping for the market.
- Major repairs: If your home needs costly repairs you can’t afford, a cash buyer will purchase it as-is.
- Avoiding open houses: Skip the stress of holding open houses and waiting for offers with a straightforward cash sale.
- Foundation issues: Selling for cash can be a fast solution when your home has foundation issues.
- Foreclosure: If facing foreclosure, a quick cash sale could help you avoid financial disaster.
- Problem tenants: If managing tenants has become overwhelming, a cash sale may free you from the burden of dealing with tenants.
- Selling from out of state: Cash buyers often accommodate homeowners who are selling from out of state, simplifying the process.
Pros and cons of house-buying companies in Corsicana
Working with house-buying companies in Corsicana comes with a clear set of pros and cons. Here, we’ll break down the advantages and disadvantages to help you evaluate if this is the right route for your home sale.
Pros of working with house-buying companies in Corsicana
The biggest advantages of working with a house-buying company are speed and the fact that they will purchase your house in any condition without requiring you to make repairs or other preparations. Below is a summary of key benefits:
- Fast sale: Cash buyers can close in as little as a week, making this a good option if you need to sell quickly.
- Sell as-is: You can sell your house as-is, meaning no repairs, renovations, or staging are required.
- No contingencies: Most house-buying companies eliminate contingencies, making for a smooth, streamlined process.
- No need for showings: Skip open houses, showings, and the hassle of keeping your home market-ready.
Cons of working with house-buying companies in Corsicana
The most significant downside is that house-buying companies will typically offer below market value for your home compared to what you’d get if you sold with a real estate agent. Here’s a summary of key drawbacks:
- Below market value offers: Cash buyers often offer significantly less than you’d get on the open market.
- Risk of scams: Not all cash-for-homes companies are reputable. Be cautious to avoid scams targeting vulnerable homeowners.
- No room for negotiations: These companies often present take-it-or-leave-it offers, leaving no room for discussion on price.
- Limited control: You may not have as much flexibility over the sale timeline as you would with a traditional agent.
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 Corsicana home for cash, the experience you have will depend largely on the integrity and professionalism of the buyer. Here are some essential steps to vet the company and protect your interests:
- Research the company: Check online reviews and testimonials to learn about other homeowners’ experiences.
- Verify legitimacy: Ensure the company has a solid presence in the market and a proven track record of successful transactions.
- Read the contract carefully: Before signing, review the purchase agreement in detail, ensuring it matches what was discussed and agreed upon.
- Consult professionals: If you’re unsure about the agreement, have a real estate attorney review it to ensure everything is in order.
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 Corsicana home quickly
iBuyers
iBuyers use automated valuation models (AVMs) to offer quick, mostly online sales. Companies like Opendoor and Offerpad provide near-market-value cash offers, typically closing in a few days to two weeks. However, expect service fees of 5%-6%. iBuyers suit homes in good condition and areas with uniform housing. Learn more about the iBuyer process.
Listing with an agent
While this may seem surprising, listing with an agent can lead to a fast sale, especially in a seller’s market. A trusted agent provides a comparative market analysis (CMA)—often free—and could connect you with cash buyers closer to market value. HomeLight can connect you with a top-performing agent in your area today.
FAQs on Corsicana house-buying companies
By and large, most We Buy Houses for Cash companies in Corsicana 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 Corsicana 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 Corsicana ranch-style home could sell for $180,000 after repairs, but it will need $30,000 of work to get there.
($180,000 x .70) – $30,000 = $96,000
In this example, a Corsicana We Buy Houses company might offer you around $96,000 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 Corsicana 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 Corsicana 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 Corsicana vs. top Corsicana 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 Corsicana | Sell with a top Realtor in Corsicana |
| Selling timeline | 7 to 30 days | 155 days average; 112 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 Corsicana is worth about $180,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $205,000.
| Sell to a We Buy Houses for Cash company in Corsicana | Sell with a top Realtor in Corsicana | |
| Estimated sale price | ($205,000 x .70) – $25,000 = $118,500 | $180,000 |
| Market preparations | 0 | $1,800 (1% of sale price) |
| Agent commissions | 0 | $5,400 (3%) |
| Closing costs | 0 | $2,700 (1.5%) |
| Estimated take-home for seller | $118,500 | $170,100 |
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
- Fast closing: Cash-for-homes companies in Corsicana can close deals in as little as a week, making them ideal for urgent situations.
- Sell as-is: You can sell your home without making repairs, renovations, or preparing it for showings.
- Lower offers: Expect offers that are below market value, which can be less than what you’d get through a traditional sale.
- Minimal hassle: Skip the long listing process, open houses, and negotiations, trading it for a quick, streamlined transaction.
- 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 Corsicana agent.
Header Image Source: (robertcrum / Deposit Photos)
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