We Buy Houses Wichita Falls: Top 4 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.
Selling a home in Wichita Falls can feel overwhelming if you’re on a tight deadline. This can be due to an unexpected move or the need to offload a property in disrepair. Luckily, “We Buy Houses” companies in Wichita Falls specialize in making all-cash offers, allowing you to skip costly fixes and close on a timeline that works for you.
A cash sale can be especially helpful if you need more time, money, or expertise to handle repairs, staging, or buyer negotiations. These companies are designed to expedite the selling process, allowing you to move forward and focus on life’s next chapter.
In this post, we’ll look at how Wichita Falls home-buying companies work, weigh the pros and cons, and explore alternatives to help you make an informed choice.
Sell Your House Fast in Wichita Falls 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 Wichita Falls.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Wichita Falls area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Wichita Falls
If you’re considering a quick home sale in Wichita Falls, working with a house-buying company can simplify the process. These companies typically handle most of the legwork, allowing you to close on your schedule without the added stress of repairs, staging, or negotiations. Here’s a look at how it works:
- Contact the company: Reach out to a house-buying company in Wichita Falls to express your interest in a cash offer.
- Provide property details: Share basic information about your home, including its condition and any repairs it might need.
- Schedule a home visit: Allow a representative from the company to tour your property to assess its condition and determine the offer.
- Receive a cash offer: Based on the inspection, the company will present a take-it-or-leave-it cash offer for your home.
- Review the contract: Take time to review the terms and conditions of the offer to ensure you’re comfortable moving forward.
- Close on your timeline: If you accept the offer, work with the company to choose a convenient closing date that meets your needs.
Popular We Buy Houses for Cash companies in Wichita Falls
If the process of selling to a house-buying company in Wichita Falls 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 contemporary house. By selling to one of these companies, you should be able to sell your Wichita Falls home in as little as a week or two.
House Buyers Texas
House Buyers Texas is a family-owned cash home-buying company serving Houston, Dallas, Fort Worth, Austin, and San Antonio. It can make cash offers within 24 hours, with no realtor fees or closing costs for the seller to worry about.
Locations: Based in Wichita Falls, TX serving Houston, Dallas, Fort Worth, Austin, and San Antonio
Closing costs: Sellers pay no closing costs; House Buyers Texas covers them.
House Buyers Texas has an average rating of 5.0 on Google.
Website: housebuyerstexas.net/we-buy-houses-tyler-sell-my-house-fast/
Phone number: 940-745-2764
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Wichita Falls (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 Wichita Falls.
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 Wichita Falls.
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
Four 19 Properties
Four 19 Properties, founded in 2006 by Neil and Shayla Dempsey, is a family-owned home-buying company in Texas with a strong track record. They specialize in providing tailored solutions for homeowners facing foreclosure, probate, or other challenges.
Locations: Granbury, Texas, and nearby areas, including Wichita Falls
Closing costs: Sellers pay no closing costs; Four 19 Properties covers them.
Four 19 Properties holds a 4.9 Google rating and an A BBB rating.
Website: four19properties.com
Phone number: 817-646-8860
Strike First Properties
Strike First Properties, a family-owned company founded in 2014, specializes in quick cash offers for distressed properties across North Texas.
Locations: Throughout North Texas, including Wichita Falls
Closing costs: Sellers pay no closing costs; Strike First Properties covers them.
Website: strikefirstproperties.com
Phone number: 903-776-4580
Why sell your Wichita Falls house for cash?
Why sell your Wichita Falls home for cash? Sellers will typically point to the ease of the sale and the overall transaction speed compared to a traditional home sale.
In Wichita Falls, it typically takes around 82 days to sell a home using an agent. That includes an average of 38 days on the market plus the typical 44 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 Wichita Falls, 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.
Let’s look at some of the most common reasons Wichita Falls sellers decide to use a We Buy Houses for Cash company over listing a property the traditional way.
- Job relocation: If you’re moving quickly for a new job, a cash sale can help you transition without delays.
- Divorce: In a divorce, selling your home for cash can simplify asset division and support a quicker resolution.
- Inherited property: If you’ve inherited a home, selling for cash lets you avoid maintenance and potential tax implications.
- Downsizing: For those downsizing, a cash sale can provide funds faster for a move into a smaller, more manageable space.
- Costly repairs: Homes needing significant repairs can often be sold to cash buyers who purchase “as-is.”
- Avoiding open houses: If you’d rather not deal with open houses, a house-buying company allows you to skip them entirely.
- Foundation issues: Severe foundation problems can make a cash sale appealing, as traditional buyers might hesitate.
- Facing foreclosure: Selling for cash can be a lifeline if you’re at risk of foreclosure, helping you avoid damaging your credit further.
- Problematic tenants: If you’re a landlord with difficult tenants, a cash sale lets you sidestep tenant issues.
- Selling from out of state: If you’re selling remotely, working with a cash buyer can simplify the process when you’re far away.
Pros and cons of house-buying companies in Wichita Falls
At this point, you’ve probably noticed that We Buy Houses for Cash companies in Wichita Falls can trigger a mixed bag of thoughts that can be difficult to sort. You may like the idea of speed and convenience, but you might be having trouble balancing these with the premium you might pay for a cash-offer service.
In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better weigh your options.
Pros
House-buying companies in Wichita Falls offer a quick and convenient option for homeowners looking to sell fast. For many, these companies’ ability to purchase homes in any condition without requiring repairs or staging is a huge plus. Here’s a closer look at the primary benefits of selling to a house-buying company:
- Speedy sale: Cash buyers can often close in as little as a week, allowing you to move forward quickly.
- Buys as-is: These companies will purchase your home in as-is condition, meaning no repairs or improvements are necessary.
- No open houses or showings: Selling directly to a house-buying company lets you skip the hassle of keeping your home “show-ready” and holding open houses.
- Guaranteed offer: Unlike traditional buyers who may back out due to contingencies, cash buyers usually make take-it-or-leave-it offers that won’t fall through.
While a cash sale has its perks, it’s important to understand the trade-offs. The most significant drawback is that a cash offer will likely be below market value compared to selling through a real estate agent. Here are some additional factors to consider before moving forward:
- Lower sale price: Cash offers are often below what you’d receive by listing your home traditionally, which could reduce your overall proceeds.
- Limited negotiation: Most house-buying companies present non-negotiable, take-it-or-leave-it offers, giving you little control over the sale price.
- Potential for scams: While many companies are legitimate, some operate unethically. It’s essential to verify companies to avoid potential scams.
- Limited selection: Since cash buyers typically focus on specific types of homes, they may not offer competitive prices for unique or higher-end properties.
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
- Research company reputation: Check online reviews and testimonials to gauge other homeowners’ experiences with the company’s service and transparency.
- Confirm local experience: Look for companies with a strong, long-standing presence in the Wichita Falls market, as familiarity with local values often results in a smoother process.
- Request references: Ask for references from past clients, which can provide insights into the company’s reliability and professionalism.
- Review the buying agreement: Before signing, carefully read the buying contract to ensure you fully understand the terms and conditions.
- Verify proof of funds: Confirm that the company has the financial resources to follow through with a cash purchase.
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 Wichita Falls home quickly
iBuyers
If you want a fast sale outside traditional cash-for-homes companies, consider iBuyers like Opendoor or Offerpad. iBuyers use automated valuation models, which allows them to quickly make an offer, creating an easy online cash sale experience that usually closes in a few days to two weeks. They often provide prices closer to market value, although their service fees range from 5%-6%, and they’re ideal for homes in good condition.
Listing with a trusted local agent
Listing with an agent can also be a smart choice if you want top dollar for your home and have the time to wait for it sell. Agents typically secure the best sale prices and may offer a free comparative market analysis (CMA) to gauge your home’s value. Plus, experienced agents may connect you with buyers willing to make cash offers close to market value. HomeLight can connect you with a top agent to explore this option.
FAQs on Wichita Falls house-buying companies
By and large, most We Buy Houses for Cash companies in Wichita Falls 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 Wichita Falls 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 Wichita Falls craftsman-style home could sell for $200,000 after repairs, but it will need $30,000 of work to get there.
($200,000 x .70) – $30,000 = $110,000
In this example, a Wichita Falls We Buy Houses company might offer you around $110,000 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 Wichita Falls 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 Wichita Falls 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 Wichita Falls vs. top Wichita Falls 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 Wichita Falls | Sell with a top Realtor in Wichita Falls |
| Selling timeline | 7 to 30 days | 82 days average; 38 to attract an offer, 44 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% to 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 Wichita Falls is worth about $200,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $225,000.
| Sell to a We Buy Houses for Cash company in Wichita Falls | Sell with a top Realtor in Wichita Falls | |
| Estimated sale price | ($225,000 x .70) – $25,000 = $132,500 | $200,000 |
| Market preparations | 0 | $2,000 (1% of sale price) |
| Agent commissions | 0 | $11,600 (5.8% of sale price) |
| Closing costs | 0 | $3,000 (1.5%) |
| Estimated take-home for seller | $132,500 | $183,400 |
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
- Quick cash offers: House-buying companies in Wichita Falls provide fast, hassle-free cash offers, often within a week.
- Sell as-is: You won’t need to make repairs, stage, or prepare your home for open houses—cash buyers purchase properties in any condition.
- No contingencies: Cash buyers typically present firm, take-it-or-leave-it offers without appraisal or financing contingencies.
- Lower proceeds: Expect offers below market value, as these companies factor in repair and resale costs.
- 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 Wichita Falls agent.
Header Image Source: (Roger Starnes Sr / Unsplash)
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