We Buy Houses Hialeah: Top 5 Companies
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- 15 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
Fast facts about selling to a We Buy Houses company in Hialeah:
- Quick transactions: House-buying companies offer a fast and hassle-free way to sell your home, often closing within days.
- No repairs needed: You can sell your home “as-is”, avoiding the need for costly repairs or renovations.
- Lower offers: Expect to receive a lower offer than you might get through the traditional real estate market.
- Avoiding hassles: These companies eliminate the stress of open houses, showings, and negotiations.
If you need to sell your house quickly in Hialeah, We Buy Houses companies are a good alternative to the traditional market. These companies make all-cash offers for homes, often targeting properties that need some work. This means you can sell your house without the hassle of making repairs or dealing with lengthy closing processes.
In this post, we’ll explore the pros and cons of selling to a We Buy Houses company in Hialeah. We will break down how the process works, provide you with a list of companies, and give you some alternatives to consider,
Disclaimer: This post is for educational purposes only and does not constitute legal or financial advice. Links and mentions of Hialeah area “We Buy Houses” companies should not be considered endorsements.
Working with house-buying companies in Hialeah
Selling your house to a house-buying company in Hialeh is an easy process. Here’s how it works at a glance:
1. Reach out: Contact a reputable house-buying company in Hialeah by phone or through their website to express your interest.
2. Set an appointment: Schedule a convenient time for the company to visit your home and assess its condition.
3. Get an offer: After evaluating your property, the company will provide you with a no-obligation cash offer.
4. Consider the offer: Review it carefully to decide if it meets your needs and circumstances.
5. Accept the offer: If you agree with the terms, notify the company of your acceptance to move forward.
6. Complete the sale: Finalize the paperwork and close the sale, usually within a few days, and receive your payment.
Popular We Buy Houses for Cash companies in Hialeah
If the process of selling to a house-buying company in Hialeah 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’ midcentury-modern and ranch-style houses. By selling to one of these companies, you should be able to sell your Hialeah home in as little as a week or two.
House Buyers Hialeah
House Buyers Hialeah prides itself on a fast and transparent home-selling process. Schedule a free consultation and they can provide you with a cash offer and let you complete your transaction on a timetable that works best for you.
Locations: Serves Hialeah and surrounding areas
Closing costs: Sellers pay no closing costs; House Buyers Hialeah covers them.
House Buyers Hialeah holds a 5.0 Google star rating, though from just 6 reviews. One recent review noted a smooth sale during a job transfer, as well as the team’s understanding, fair pricing, and a hassle-free process.
Website: housebuyershialeah.com
Phone number: 786-751-4681
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Hialeah (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 Hialeah.
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 Hialeah
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
Easy Home Buyer, LLC
Easy Home Buyer, LLC, is a cash home buyer in Florida and Georgia specializing in assisting people in tough situations with their homes. They consider various property types, including single-family homes, condos, townhouses, manufactured homes, and investment properties.
Locations: Georgia and Florida, including Hialeah
Closing costs: Sellers pay no closing costs; Easy Home Buyer, LLC covers them.
Easy Home Buyer, LLC has been BBB accredited since 2022 and holds an A+ rating. Easy Home Buyer, LLC holds a 5.0 Google star rating from over 30 reviews. A recent client highlights the seamless process, patience, and support received in selling their unique, secluded property.
Website: theeasyhomebuyers.com
Phone number: 954-399-1595
Carol Sell My House Fast Miami
Carol Sell My House Fast Miami prides itself on delivering excellence in every aspect of real estate services in Hialeah, FL. From buying and selling residential properties to assisting with commercial property sales, Carol Sell My House Fast Miami has the expertise to meet all your real estate needs.
Locations: Serves Hialeah
Closing costs: Sellers pay no closing costs; Carol Sell My House Fast Miami covers them.
Carol Sell My House Fast Miami maintains a 5.0 Google star rating, although feedback is based on only 3 reviews. One review recounts an experience during a challenging time, emphasizing the team’s empathetic support and transparent guidance.
Website: carolsellmyhousefastmiami.com
Phone number: 786-733 4148
Housing Bears, LLC
Housing Bears, LLC, situated in South Florida, is a real estate investment company that focuses on direct purchases from property owners. It handles various property types and situations and offers cost savings on commissions by facilitating direct transactions with sellers.
Locations: Serves Broward area Miami-Dade, including Hialeah
Closing costs: Sellers pay no closing costs; Housing Bears, LLC covers them.
Housing Bears, LLC holds a 5.0 Google star rating from 15 reviews. A client commends their professionalism, honesty, and guidance during challenging market conditions. They appreciate the team’s knowledge and compassion throughout the process, highlighting their punctuality and expertise.
Website: housingbears.com
Phone number: 786-600-0432
Why sell your Hialeah house for cash?
What leads a Hialeah homeowner to sell their property to a We Buy Houses company for cash? Time is usually the primary factor. Selling your house for cash is significantly faster than selling on the open market—albeit for less value.
In Hialeah, it typically takes around 90 days to sell a home on the market using an agent. That includes an average of 48 days on the market plus the typical 42 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 Hialeah, 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 for cash might be the right decision:
- Job relocation: You need to move quickly for a new job relocation and don’t have time for a traditional sale.
- Divorce: You need to sell your shared property swiftly to finalize the divorce settlement.
- Inherited property: You’ve inherited a house and prefer to sell it quickly rather than managing or maintaining it.
- Downsizing: You’re retiring or moving to a smaller home and want to sell your current property without the usual delays. Downsizing
- Major repairs: Your house needs significant repairs, and you lack the funds or desire to fix it before selling.
- Avoiding open houses: You want to avoid the stress and inconvenience of staging and hosting multiple open houses.
- Foundation problems: Your home has foundation issues, making it difficult to sell through traditional means.
- Facing foreclosure: You’re facing foreclosure and need to sell your house quickly to avoid further financial damage.
- Problem tenants: You have problem tenants and want to sell the property without dealing with the complexities of their lease agreements. Tenants
- Selling from afar: You’re living in another state and want a convenient way to sell your house without returning to handle the sale. Selling from out of state
Pros and cons of house-buying companies in Hialeah
When considering selling your house to a house-buying company in Hialeah, it’s important to weigh the pros and cons. Here’s a quick look at the benefits:
- Quick sale: Transactions can be completed in as little as a week, providing fast access to cash.
- No repairs needed: Sell your house as-is without spending time or money on renovations.
- Certainty of closing: Avoid the uncertainty of traditional sales, where deals can fall through due to contingencies.
- Convenience: Skip the hassle of showings, open houses, and negotiating with multiple buyers.
The most significant drawback of selling to a house-buying company, however, is that you will likely receive an offer that is below market value compared to selling with an experienced real estate agent. Here are some key downsides to consider:
- Lower offers: Expect to receive less than your home’s market value, which might impact your financial plans.
- Limited negotiation: Offers are typically take-it-or-leave-it, leaving little room for negotiation.
- Potential for scams: There is a risk of dealing with scams in the house-buying industry.
- Lack of competitive offers: You might miss out on potentially higher offers from traditional buyers.
Vet cash buyers and know your home’s worth
Before committing to a cash offer, you should research the company you are considering selling to. While most house-buying companies are legitimate, scams do exist. Here are some tips to keep in mind:
- Check reviews: Look up online reviews to gauge the company’s reputation and previous customer experiences.
- Read testimonials: Testimonials can provide insights into the level of integrity and service you can expect.
- Research the company: Investigate the company’s presence and performance in the market to ensure reliability.
- Know your home’s worth: Get a professional appraisal or compare recent sales in your area to understand your home’s true market value.
- Read the agreement: Carefully review the buying agreement to ensure you understand all terms and conditions before signing.
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 Hialeah home quickly
iBuyers
iBuyers, or instant buyers, use automated valuation models (AVMs) to provide near-instant home value estimates. They offer a user-friendly, mostly online experience and typically give all-cash offers closer to market value for homes in good condition. The iBuyer process is quick, ranging from a few days to two weeks. However, iBuyers like Opendoor and Offerpad often charge service fees of 5%-6%.
Listing with an agent
Even when seeking a fast sale, consider listing your property with a top real estate agent. In a seller-friendly market, an agent can help sell your house quickly, especially with strategic pricing and superb marketing. Consulting with an agent provides a comparative market analysis (CMA), often free, to determine your home’s value. HomeLight can connect you with top-performing agents who may also have buyers offering cash closer to market value. This option ensures you make a well-informed decision.
FAQs on Hialeah house-buying companies
By and large, most We Buy Houses for Cash companies in Hialeah 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 Hialeah 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 Hialeah ranch could sell for $470,000 after repairs, but it will need $30,000 of work to get there.
($470,000 x .70) – $30,000 = $299,000
In this example, a Hialeah We Buy Houses company might offer you around $299,000 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 Hialeah 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.
1. Research and vet the house-buying companies that serve your Hialeah 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. Weigh 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 Hialeah vs. top Hialeah 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 Hialeah | Sell with a top Realtor in Hialeah |
Selling timeline | 7 to 30 days | 90 days average; 48 to attract an offer, 42 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 Hialeah is worth about $470,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $500,000.
Sell to a We Buy Houses for Cash company in Hialeah | Sell with a top Realtor in Hialeah | |
Estimated sale price | ($500,000 x .70) – $30,000 = $320,000 | $470,000 |
Market preparations | 0 | $4,700 (1% of sale price) |
Agent commissions | 0 | $27,260 (5.8% of sale price) |
Closing costs | 0 | $7,050 (1.5%) |
Estimated take-home for seller | $320,000 | $430,990 |
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
Remember, you should always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to help you navigate 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 Hialeah agent.
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