We Buy Houses Euless: 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 for a quick sale in Euless, you might have come across We Buy Houses companies offering all-cash deals for homes. These companies can be an attractive option when your home needs repairs and you’re short on time or funds to fix it up before selling. These companies will buy your home as-is, which means you can avoid the hassle and expense of costly repairs.
In this post, we’ll explore the pros and cons of selling to a house-buying company in Euless so you can decide if this option is right for your situation.
Sell Your House Fast in Euless With a Cash Offer
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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 Euless area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Euless
When working with a house-buying company in Euless, the process is designed to be simple and easy. If you’re ready to move quickly and sell your home as-is, here’s a quick overview of the basic steps you can expect when selling to a cash-for-homes company.
- Contact the company: Reach out to the house-buying company by phone or online to share basic details about your home.
- Schedule a visit: The company will arrange a time to inspect your property, often within a few days of your initial contact.
- Receive a cash offer: After the inspection, you’ll typically receive a no-obligation cash offer within 24 to 48 hours.
- Review the offer: Take the time to assess whether the cash offer meets your needs, considering your situation and priorities.
- Accept the offer: If it works for you, accept it and prepare to proceed with the sale.
- Close the sale: Once you accept, the closing process is usually fast, often taking just a week or two, at which point you receive your payment.
Popular We Buy Houses for Cash companies in Euless
If the process of selling to a house-buying company in Euless 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 traditional brick home. By selling to one of these companies, you should be able to sell your Euless home in as little as a week or two.
Metroplex Homebuyers
Metroplex Homebuyers will buy homes in any condition without the need for repairs, cleaning, or showings. It provides no-obligation cash offers within 24 hours and has no commissions or closing costs.
Locations: All over the Dallas-Fort Worth metroplex, including Euless.
Closing costs: Sellers pay no closing costs; Metroplex Homebuyers covers them.
Metroplex Homebuyers holds 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 Euless (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 Euless.
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 Euless, TX.
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 specializes in providing fast and hassle-free home-selling solutions. The company prides itself on offering homeowner tailored solutions, timely communication, and support through the entire process, from consultation to closing.
Locations: All throughout Dallas, including Euless.
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.
Website: southernhillshomebuyers.com
Phone number: 214-225-3042
House Heroes
Florida-based House Heroes has extended its services to the Dallas market. The company will purchase single-family homes, as well aas 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
Starfish Group Properties
Starfish Group Properties started in 2011, and has been serving the Fort Worth area for more than a decade in the cash-offer real estate market. Like many other cash buyers, Starfish Group Properties offers sellers both a quick sale and the latitude to select their own move-out date. For those without the luxury of repairing, cleaning, and showing their property as with a regular real estate listing, this investment group offers a viable alternative.
Locations: Euless and surrounding areas
Closing costs: Sellers pay no closing costs; Starfish Group Properties covers them.
Starfish Group Properties has been BBB accredited since 2021 and holds an A+ rating. Customer reviews on BBB for Starfish Group Properties speak to helpful and highly reliable staff who are available to sellers throughout the offer and closing processes. They currently have no Google reviews.
Website: starfishgroupproperties.com
Phone: 817-859-6677
Why sell your Euless house for cash?
There are plenty of valid reasons a Euless home seller may choose to work with a Cash-For-Homes company. Speed, certainty, and remarkable convenience are the main reasons why sellers choose this option.
In Euless, it typically takes around 68 days to sell a home on the market using an agent. That includes an average of 25 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 Euless, 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.
If you’re facing a situation that requires a quick sale of your Euless home, selling to a cash-for-homes company might be the right choice. These companies can provide a fast, hassle-free transaction when timing and simplicity are essential. Here are some common scenarios where selling for cash might make sense.
- Job relocation: You need to sell quickly to start a new position in another city without the delay of listing and marketing your home.
- Divorce: Selling for cash allows you to quickly divide assets and move on without the drawn-out process of a traditional home sale.
- Inherited property: Selling a home you’ve inherited can streamline the process if you don’t want the responsibility of maintaining or repairing the property.
- Downsizing: If your current home is too large and you want to downsize quickly, a cash sale could simplify the transition to a smaller home.
- Costly repairs: You can avoid the burden of major repairs and sell the house as-is, letting the buyer handle any structural or cosmetic fixes.
- Open houses and showings: You can skip the process of staging your home and dealing with the stress of frequent showings and open houses.
- Foundation issues: Serious problems like a cracked foundation can scare off traditional buyers, but a cash buyer will take it off your hands without needing repairs.
- Foreclosure: Selling your home quickly for cash might help you avoid foreclosure and its long-term financial impacts.
- Tenants in place: If you’re a landlord looking to sell, a cash sale can be a quick exit even if the property is currently occupied by tenants.
- Selling from out of state: You don’t have to be local to manage a cash sale, allowing for a quick and easy sale even if you’ve already moved away.
Pros and cons of house-buying companies in Euless
When considering selling to a house-buying company in Euless, weighing the benefits and drawbacks is important. These companies offer a fast and simple transaction, but the convenience comes with some trade-offs. Let’s break down the pros and cons to help you make an informed decision.
- Quick closing: Cash sales can close in as little as a week, helping you move on from your home fast when time is of the essence.
- Sell as-is: You don’t have to worry about repairs or upgrades; the buyer takes the home exactly as it is.
- No contingencies: Unlike traditional home sales, there are usually no contingencies that might slow down the process or result in the deal falling through.
- Less stress: You can skip the hassle of open houses, showings, and negotiating with multiple buyers, making the process simpler and more straightforward.
While house-buying companies offer convenience, the biggest drawback is that you’ll likely receive below market value for your home compared to selling through a real estate agent. Here are some common drawbacks to consider:
- Lower sale price: Cash buyers usually offer less than what you’d get by selling on the open market through a traditional real estate transaction.
- Limited negotiation: House-buying companies typically present take-it-or-leave-it offers, leaving you with little room to negotiate a better deal.
- Scams: Some companies may not be legitimate. Be cautious of potential scams and always vet the buyer before proceeding with a sale.
- No market competition: You miss out on the potential for multiple offers and competitive bidding that could increase your home’s sale price.
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 working with a house-buying company in Texas, the level of integrity and service you experience can vary depending on the person or group making the offer. Here’s what to do before committing to a cash offer:
- Vet the company: Check reviews and read testimonials to ensure the company has a solid reputation in the market.
- Research market presence: Look into the company’s performance to confirm they’ve successfully bought homes like yours in Texas.
- Check for legitimacy: Ensure the company is legitimate by confirming its credentials and history in the industry.
- Read the agreement: Carefully review the buying agreement before signing to ensure you understand the terms of the sale and aren’t caught by surprise.
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 Euless home quickly
iBuyers
iBuyers are instant buyers that use automated valuation models (AVMs) to provide near-instant offers for homes in better condition. The iBuyer process is fast, usually taking a few days to two weeks from offer to close. While companies like Opendoor and Offerpad offer convenience, they often charge service fees of 5%-6%. iBuyers are a good option for sellers with well-maintained homes in uniform housing markets.
Listing with an agent
While it may take longer to sell with an agent, it’s worth considering. A comparative market analysis (CMA) helps price your home appropriately, often leading to a faster sale. Many agents provide CMAs for free, and partnering with a top agent can increase your final sale price by up to 10%. HomeLight can connect you with a top-performing agent today.
FAQs on Euless house-buying companies
By and large, most We Buy Houses for Cash companies in Euless 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 Euless 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 Euless brick home could sell for $350,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, a Euless We Buy Houses company might offer you around $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.
When you accept an offer from a Euless 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 Euless 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 Euless vs. top Euless 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 Euless | Sell with a top Realtor in Euless |
| Selling timeline | 7 to 30 days | 68 days average; 25 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 Euless 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 Euless | Sell with a top Realtor in Euless | |
| 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 | $13,500 (3% of sale price) |
| Closing costs | 0 | $6,750 (1.5%) |
| Estimated take-home for seller | $307,500 | $425,250 |
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 of sale: Cash-for-homes companies offer quick closings, often within a week, making them ideal for sellers who need to move fast.
- Sell as-is: You won’t need to make any repairs or updates to your home, as these companies buy properties in any condition.
- Lower offers: Expect offers to be below market value, as cash buyers prioritize speed and convenience over competitive pricing.
- Limited negotiation: Most house-buying companies offer a take-it-or-leave-it deal, with little room to negotiate a higher price.
- Peace of mind: Selling for cash reduces the stress of preparing your home for the market and dealing with traditional contingencies.
- 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 handling 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 Euless agent.
Header Image Source: (sepavone/DepositPhotos)
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