5 Top We Buy Houses for Cash Companies in Irving
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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.
Do you need to sell your Irving home quickly? Companies that offer to “We Buy Houses in Irving” could be your solution. These businesses typically make all-cash offers, especially for homes that might need a bit of TLC. Whether your home requires more renovations than you can handle or you’re simply ready to move on, a cash sale might be the right move.
Cash sales are particularly appealing if you lack the time, expertise, or resources to manage home repairs. They allow you to bypass the traditional market, giving you the freedom to move on with your life quickly.
This post will explore the advantages and disadvantages of selling to house-buying companies in Irving. We will also give you insight into how the process works and provide you with some alternatives.
Sell Your House Fast in Irving 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 Irving.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Irving area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Irving
If you’re looking to sell your Irving home quickly and without hassle, working with a house-buying company might be your best option. Here’s a straightforward guide to the process:
- Research potential buyers: Start by researching reputable ‘We Buy Houses in Irving’ companies. Check their reviews and past client testimonials to ensure they are credible and trustworthy.
- Contact the company: Reach out to the company to express your interest in selling. This is usually done through a form on their website or by a direct phone call.
- Schedule a home visit: The company will schedule a time to visit your property. This visit allows them to assess the condition of your home and any factors that might affect its value.
- Receive an offer: After evaluating your home, the company will typically present you with a cash offer. Remember, these offers are usually non-negotiable and designed to close quickly.
- Accept the offer: If you decide the offer meets your needs, you can accept it. This will kick off the process to close the sale.
- Close the sale: The final step is the closing process, which is often handled by the buying company. This is where you sign the necessary paperwork and receive payment, usually completed in a matter of days.
Popular We Buy Houses for Cash companies in Irving
If the process of selling to a house-buying company in Irving 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 townhome. By selling to one of these companies, you should be able to sell your Irving home in as little as a week or two.
Best Cash Offer in Texas LLC
Best Cash Offer in Texas uses an in-house construction team, touting that it can keep offers both fair and consistent throughout the transaction, in contrast to some house-buying companies that might lower the offer before closing.
Locations: Office in Fort Worth, serving the DFW Metroplex, including Irving
Closing costs: Sellers typically pay no closing costs; Best Cash Offer in Texas LLC often covers them.
Best Cash Offer in Texas, holds a BBB rating of A, although it is not officially accredited. Google reviews for Best Cash Offer in Texas speak to smooth transactions and enthusiastically mention Brian and Jason, both owners, with positive remarks.
Website: bestcashofferdfw.com
Phone: 817-952-9199
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Irving (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 Irving.
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 Irving
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
Metro DFW Home Buyers
Metro DFW Home Buyers will purchase homes in a variety of conditions, as well as land. The company promises a response to all online inquiries within 48 hours – and advertises his experience intercepting foreclosures in the Fort Worth area.
Locations: The Greater Dallas-Fort Worth area, including Irving
Closing costs: Sellers pay no closing costs; Metro DFW Home Buyers covers them.
Metro DFW Home Buyers has been BBB accredited since 2021, where it holds an A+ rating. Customer reviews for Metro DFW Home Buyers speak to a direct and responsive team. The company has a 4.8/5-star ranking on Google Reviews.
Website: metrodfwhomebuyers.com
Phone: 817-380-8333
Newbyginnings (JMB Newbyginnings LLC)
Newbyginnings will purchase homes in any condition. In order to save customers time, this company does conduct a brief interview with the property owner before conducting a site visit to write up an offer.
Locations: Serving the Dallas area market and surrounding areas, including Irving
Closing costs: Sellers pay no closing costs; Newbyginnings covers them.
Newbyginnings has been BBB accredited since 2018, and holds an A+ rating with the bureau. Customer reviews for Newbyginnings on the BBB website speak to a company that closes quickly, especially under pressure, and sticks to its word.
Website: newbyginnings.com
Phone: 469-336-6862
House Buyers Texas
House Buyers Texas is a veteran-owned business that will purchase any type of property across Texas. This company is all about speed and ease. Once you accept their offer, you can close in as few as three days. They’ll buy homes in any condition, and you can choose your closing date.
Locations: Austin, Dallas, Fort Worth, Houston, and San Antonio
Closing costs: You pay no closing costs; House Buyers Texas covers them.
House Buyers Texas has 41 Google reviews at the time of this publication and a 5-star rating, with customers raving about the company’s strong offers, knowledgeable and kind service, and quick closings. House Buyers Texas is BBB accredited with an A rating.
Website: housebuyerstexas.net
Phone: 281-504-7027
Why sell your Irving house for cash?
Irving sellers that have used We Buy Houses companies will often to point to the ease, speed, and convenience of the process as the primary reasons why it was chosen.
In Irving, it typically takes around 83 days to sell a home on the market using an agent. That includes an average of 41 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 Irving, 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 scenarios where opting for a house-buying company might be particularly beneficial:
- Job relocation: If you’re relocating for a new job, selling for cash allows for a quicker transition without the delays of the traditional market.
- Divorce: In the midst of a divorce, selling your home for cash can simplify the process of dividing assets.
- Inherited property: When you’ve inherited a property that you’re not prepared to manage, a cash sale is straightforward and quick.
- Downsizing: If you’re ready to move to a smaller home or into a retirement community, cash sales can facilitate a smoother transition by downsizing without the hassle.
- Major repairs needed: Dealing with costly repairs, such as a damaged foundation? Selling for cash avoids the need for you to manage and fund repairs.
- Avoiding open houses: Prefer not to have open houses? A cash sale eliminates the need for multiple showings.
- Foundation issues: Cash buyers often purchase homes ‘as is,’ which can be a great solution if you’re selling a home with foundation issues.
- Facing foreclosure: A quick cash sale can help you settle debts and avoid further financial damage if you’re facing foreclosure.
- Dealing with tenants: Selling a rental property with tenants? Cash buyers often purchase properties with tenants in place.
- Selling from out of state: Managing a sale from afar can be cumbersome; a cash offer simplifies the process for those selling from out of state.
Pros and cons of house-buying companies in Irving
When considering house-buying companies in Irving, it’s essential to weigh both the advantages and disadvantages.
One of the biggest advantages of working with a house-buying company in Irving is the speed of the transaction. These companies can close quickly and purchase your home in any condition, eliminating the need for repairs or preparation.
Pros:
- Quick closing: House-buying companies can often close within a week, providing immediate financial relief and convenience.
- No need for repairs: Sell your home as-is, without investing in costly repairs or renovations, saving time and money.
- No real estate commissions: Selling to a cash buyer means skipping out on realtor commissions, keeping more money in your pocket.
- Less stress: Avoid the hassle of staging, continuous cleanings, and disruptive showings.
However, it’s crucial to note that these conveniences come at a cost. The most significant drawback is receiving an offer that’s below market value, which might be substantially less than what you could achieve with an experienced real estate agent.
Cons
- Lower offers: Expect offers that are below the current market value, reflecting the convenience and risk taken by the buyer.
- Limited negotiation: Offers from cash buyers are typically non-negotiable, leaving little room for bargaining.
- Potential for scams: Always verify the credibility of the house-buying company to avoid falling victim to scams.
- No contingencies: This might seem like a pro, but no contingencies often means less protection for you regarding appraisal and financing issues.
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 home to a “We Buy Houses for Cash” company in Irving, it’s crucial to ensure you’re working with reputable buyers. Here are some key steps to help you vet cash buyers and understand your home’s true worth:
- Check integrity and service: The quality of service and integrity can vary significantly among house-buying companies. Your experience will largely depend on the character and professionalism of the company making the offer.
- Research the company: Before accepting any offers, thoroughly research the company. Look for online reviews, read testimonials, and check their track record in the Irving market to gauge their reliability and customer satisfaction.
- Understand the agreement: Always read the buying agreement carefully. Make sure you understand all the terms and conditions before signing to avoid any surprises later.
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 Irving home quickly
Explore other quick-selling options to ensure you make the best decision for your home in Irving:
- iBuyers: Companies like Opendoor and Offerpad use automated valuation models to make near-instant cash offers, often closer to market value. The iBuyer process is mostly online and can close in as few as a few days to two weeks, though service fees typically range from 5%-6%.
- Listing with an agent: While slower than selling to cash buyers, listing your home with a real estate agent can yield a higher price, especially in seller-friendly markets. Agents provide valuable market insights through a comparative market analysis (CMA), which is often free, helping you set a competitive price and potentially attracting cash offers close to market value.
For more guidance on choosing the right selling option, HomeLight can connect you with top-performing agents in your area today.
FAQs on Irving house-buying companies
By and large, most We Buy Houses for Cash companies in Irving 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 Irving 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 Irving ranch-style home could sell for $400,000 after repairs, but it will need $30,000 of work to get there.
($400,000 x .70) – $30,000 = $250,000
In this example, a Irving We Buy Houses company might offer you around $250,000 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 Irving 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 Irving 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 Irving vs. top Irving 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 Irving | Sell with a top Realtor in Irving |
| Selling timeline | 7 to 30 days | 83 days average; 41 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 Irving is worth about $400,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $425,000.
| Sell to a We Buy Houses for Cash company in Irving | Sell with a top Realtor in Irving | |
| Estimated sale price | ($425,000 x .70) – $25,000 = $272,500 | $400,000 |
| Market preparations | 0 | $4,000 (1% of sale price) |
| Agent commissions | 0 | $23,200 (5.8% of sale price) |
| Closing costs | 0 | $6,000 (1.5%) |
| Estimated take-home for seller | $272,500 | $366,800 |
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: You can sell your home quickly, often within days, without the need for open houses or lengthy market exposure.
- No repairs needed: Sell your home as-is, avoiding the cost and time involved in making repairs.
- Simple process: The sale process is straightforward, with minimal paperwork compared to traditional real estate transactions.
- Understand trade-offs: While fast and convenient, you might receive less than market value for your home.
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 Irving agent.
Header Image Source: (imphot / Deposit Photos)
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