We Buy Houses Mesquite: 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 Mesquite home quickly, We Buy Houses companies can be a lifesaver. These companies make all-cash offers for homes, even if they need some work. This can be a great option if you find yourself unable to make the necessary repairs to sell your home due to time or financial constraints.
Whether it’s a sudden relocation, financial strain, or inheriting a property you can’t maintain, these companies offer a fast alternative to selling on the traditional real estate market.
In this post, we’ll explore the pros and cons of working with We Buy Houses companies in Mesquite. We will also provide you with some other options for selling your home quickly, while also explaining how selling to a We Buy Houses companies works.
Sell Your House Fast in Mesquite 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 Mesquite.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Mesquite area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Mesquite
Working with a house-buying company in Mesquite is simple, but there are a few steps you need to know:
1. Contact the company: Reach out to a reputable house-buying company in Mesquite and provide basic details about your home.
2. Schedule a home visit: The company will arrange a time to visit and inspect your property to assess its condition.
3. Receive a cash offer: The company will present you with a no-obligation cash offer after evaluating your home.
4. Review the offer: Take your time to review the offer and decide if it meets your needs and expectations.
5. Accept the offer: If you decide to proceed, sign the necessary paperwork to accept the offer.
6. Close the sale: The company will handle the closing process, often within a few days, and you’ll receive your cash payment promptly.
Popular We Buy Houses for Cash companies in Mesquite
If selling to a house-buying company in Mesquite sounds good, 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’ craftsman-style home or manufactured home. By selling to one of these companies, you can sell your Mesquite home in as little as a week or two.
Best Cash Offer in Texas LLC
Established in 2008, this small, locally-owned company has built a positive track record of swift, smooth, and customer-oriented transactions. Best Cash Offer in Texas uses an in-house construction team, which it claims allows it to be able to keep offers both fair and consistent throughout the transaction.
Locations: Office in Fort Worth, serving the Dallas-Forth Worth Metroplex, including Mesquite
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 mention 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 Mesquite (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 Mesquite.
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 Mesquite
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 offers a cash-buying option for both home and land property types. The company romises a response to all online inquiries within 48 hours – and prides itself on halting foreclosures in the Fort Worth area.
Locations: The Greater Dallas-Fort Worth area, including Mesquite
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 out of 5-star ranking on Google Reviews.
Website: metrodfwhomebuyers.com
Phone: 817-380-8333
House Buyers Texas
House Buyers Texas will purchase any property type across the Lone Star State. 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: All throughout Texas, including Mesquite
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
Newbyginnings (JMB Newbyginnings LLC)
This company 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 Mesquite
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. Google reviews feature sellers consistently commending how “trustworthy” and “honest” this business and its staff are.
Website: newbyginnings.com
Phone: 469-336-6862
Why sell your Mesquite house for cash?
What draws someone to selling their Mesquite home for cash? Sellers will typically point to the overall speed of the process, along with the relative ease of selling for cash, compared to the time required for traditional home sale.
In Mesquite, 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 Mesquite, 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 to a cash buyer might be a fitting solution:
- Job relocation: You need to move quickly for a new job and don’t have time for a traditional sale.
- Divorce: You want to quickly sell your home to finalize a divorce settlement and start fresh.
- Inherited: You’ve inherited a property you don’t want to maintain or manage from afar.
- Downsizing: You’re ready to move to a smaller home and want a fast, straightforward sale.
- Repairs: Your home needs extensive repairs, and you don’t have the funds or desire to fix it.
- Open houses: You want to avoid the hassle and invasion of privacy that come with open houses and showings.
- Foundation: Your home has significant foundation issues that would be costly to repair.
- Foreclosure: You’re facing foreclosure and need to sell quickly to settle your debts.
- Tenants: You have tenants in your rental property and want to sell without the hassle of evicting them.
- Selling from out of state: You live out of state and want a convenient way to sell your property without traveling.
Pros and cons of house-buying companies in Mesquite
Working with a house-buying company in Mesquite comes with its own set of pros and cons.
The biggest upsides are speed and convenience. A house-buying company offers a quick sale and buys your house in any condition without needing repairs or preparations.
Here are some key benefits:
- Fast sale: You can close the sale within days, providing you with quick cash to move on with your plans.
- No repairs needed: Sell your house as-is, saving you time and money on repairs.
- No showings: Avoid the hassle of open houses and constant showings, making the process stress-free.
- Guaranteed sale: No contingencies; once you accept the offer, the sale is guaranteed.
The most significant downside is that a house-buying company will offer you less than market value for your home compared to selling on the market with an experienced real estate agent.
Here are some key drawbacks:
- Lower offers: Expect to receive an offer significantly below market value for your home.
- Potential for scams: Be cautious of scams and ensure you are dealing with a reputable company.
- Lack of negotiation: These companies typically present take-it-or-leave-it offers, leaving little room for negotiation.
- Missed market potential: You might miss out on higher offers from traditional buyers who are willing to pay more for your home.
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 Mesquite, the integrity and service you experience can vary greatly. Here are key steps to ensure you’re making a well-informed decision:
- Check reviews: Look up online reviews to see what past clients say about their experiences.
- Read testimonials: Review testimonials on the company’s website to gauge customer satisfaction.
- Research the company: Investigate the company’s presence and performance in the market.
- Verify credentials: Ensure the company is licensed and accredited.
- Understand the offer: Read the buying agreement carefully before and make sure you know what you are getting into.
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 Mesquite home quickly
When looking to sell your home quickly, consider these options:
iBuyers
iBuyers, or instant buyers, use automated valuation models (AVMs) to provide near-instant home value estimates. This mostly online process offers all-cash deals typically closer to market value and closes within days to two weeks. Companies like Opendoor and Offerpad often charge 5%-6% in service fees and are ideal for homes in good condition.
Listing with an agent
Although selling with an agent isn’t as fast, it can be lucrative, especially in a seller-friendly market. A top agent can help you price and market your home effectively, potentially leading to a quick sale at a higher price.
An agent can also provide a comparative market analysis (often free), giving you valuable insights into your home’s value. Plus, HomeLight can connect you with a top-performing agent in your area.
FAQs on Mesquite house-buying companies
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 Mesquite 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 Mesquite craftsman-style 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 Mesquite 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 Mesquite 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 Mesquite 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 Mesquite vs. top Mesquite 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 Mesquite | Sell with a top Realtor in Mesquite |
| 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 Mesquite is worth about $350,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $375,000.
| Sell to a We Buy Houses for Cash company in Mesquite | Sell with a top Realtor in Mesquite | |
| Estimated sale price | ($375,000 x .70) – $25,000 = $237,500 | $350,000 |
| Market preparations | 0 | $3,500 (1% of sale price) |
| Agent commissions | 0 | $20,300 (5.8% of sale price) |
| Closing costs | 0 | $5,250 (1.5%) |
| Estimated take-home for seller | $237,500 | $320,950 |
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 sale: House-buying companies in Mesquite can close quickly, often within days.
- No repairs needed: You can sell your home as-is, avoiding repair costs and hassles.
- Lower offers: Expect offers below market value compared to traditional sales.
- No showings: Skip the stress of open houses and constant showings.
- Convenient process: The sale process is straightforward and hassle-free.
- 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 Mesquite agent.
Header Image Source: (paulbr75/ Pixabay)
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