According to the latest FRED data, homes for sale in the Dallas-Fort Worth-Arlington area currently spend an average of 43 days on the market before finding a buyer. That’s almost double the amount of time it took to sell a home in June this year.
If you need to sell your home faster than that, chances are you’ve been searching for We Buy Houses companies in Arlington. Engaging with a cash investor may be one of the fastest ways to sell a house, but it also has its risks.
Find out more about how to sell a house to a cash investor, review the major companies offering this service in Arlington, and discover why iBuying might be a better option.
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Why choose a cash buyer?
When you work with a real estate agent and sell your home to a buyer who needs to apply for a mortgage, you’ll discover this tried-and-tested method is fraught with delays and expenses.
A real estate agent will likely help you find interested buyers and help you get the best price for your home, but their commission amounts to 6% of the sale value. Then there are also extra expenses associated with home inspections, closing costs, repairs, and staging your home for open house events.
What’s more, you’ll likely have to wait while the buyer applies for a mortgage and face the risk of them canceling the deal if they don’t get the finance they need.
Pros and cons of a cash buyer
When you choose to sell a house to a cash buyer, you don’t need to worry about any of the above. These are the benefits of selling to a cash investor:
- Cash in your pocket within weeks or days
- No holding costs while you wait for mortgage approval
- No inspections and repairs
- Simple, fast process
The drawback associated with these buyers is getting a lower take-it-or-leave-it offer on your home. Many of these companies engage in high-pressure tactics that convince you to sell to them, too.
Despite this, selling to one of these companies is an attractive option if you need to sell your home fast, i.e., if you:
- Are selling a house as-is
- Have inherited an unwanted home
- Need to move quickly for work or family reasons
- Want to wrap up a divorce speedily
- Are facing foreclosure
- Need cash fast
If you’re involved in any one of the above situations, it’s worth finding out how much you could get for your home from a cash buyer.
Companies that pay cash for houses in Arlington, TX
Cash home buyers are eager to snap up homes for sale in Arlington so they can refurbish them and rent them out, or flip them to make a profit.
They need to turn these homes around quickly if they want to profit from the deal, so you can expect a quick sale when you work with these companies. That’s a tempting though when one considers that US home sales have dropped for the last seven months in a row.
You can also count on them offering you less than the current market value of your home. These are the most prominent cash house-buying companies in Arlington:
1. We Buy Houses Arlington, TX
We Buy Houses Arlington falls under the umbrella of We Buy Houses, which is a reputable national brand. There are We Buy Houses investors in 30 states and 200 markets across the country.
Their process is simple, easy to understand, and fast. You’ll receive an offer on your home within 48 hours of visiting your home, they’ll close within 14 days of you accepting their offer.
We Buy Houses Arlington offers two attractive programs for sellers entitled, On-the-Spot Offer™ and Sell-Today-and-Stay.
The former allows you to call their offices to get a price for your home instead of waiting for an online inquiry, and the latter allows you to rent the home from them after you’ve sold it.
The benefits of working with We Buy Houses Arlington include:
- Cash offer within 24 hours
- Closing within 7 to 14 days
- No fees and commissions
- No repairs needed
- Opportunity to close remotely
If you are underwater on your house, We Buy Houses will work with your bank to arrange a short sale.
2. Jamie Buys Houses
Jamie Buys Houses is a family-run local business that buys homes in any condition. Clients deal directly with the owner of the business during the sale.
Jamie buys houses charges no fees and commissions and may even pay some or all of the closing costs associated with the sale. They advertise that they can close on a home sale within seven days.
They use a simple three-step process, as follows:
- Enter your details online or call them to book an appointment
- Meet with the owner at your home and receive an offer
- If you agree to the sale, you choose your closing date
The benefits of selling your home to Jamie Buys Houses include:
- No need to list your home
- They buy houses in any condition
- You’ll enjoy a quick sale and a flexible closing date
You can expect to receive as little as 70% of the market value of your home when you engage with this cash home buyer.
Jamie Buys Houses has many positive testimonials on its website, but only has a few reviews and a 3.3 out of 5 rating on Facebook. On the contrary, the company has a 5 out of 5 rating on Bark, with most reviewers complimenting Jamie on his professional, personalized service.
3. Mike’s Good Home Investments
This local home buyer advertises that they will give you a cash offer within 24 hours, with no strings attached. They buy houses as-is and allow you to select the closing date.
When you sell your home to Mike’s Good Home Investments, you’ll enjoy a simple three step process as follows:
- Contact the company to receive a cash-offer within 24 hours
- Meet with the team to discuss your options and choose a closing date
- Decide when you want to move and receive your cash
This company charges no fees and will even pay all your closing costs, except encumbrances on the property and mortgage payoffs.
Mike’s Good Home Investments does not appear on any external review sites and has no reviews on its website. If you’d rather work with a company that has many favorable online reviews and references, it’s best to work with an iBuyer.
4. Four 19 Properties
Four 19 Properties has offices in Granbury, but they buy houses across the Dallas-Fort Worth area. The team consists of experienced and educated professionals with a passion for real estate.
They buy houses in any condition, will make an offer as soon as possible, and can usually hand you your cash within seven days. Four 19 properties pay you a percentage of the After Repair Value of your home.
The process is simple and stress-free, and includes the following steps:
- Reach out to discuss your specific circumstances
- Receive an offer and review your options
- Choose a closing date and get your cash
From their social media pages, it’s obvious that the team at Four 19 Properties takes great pride in bringing houses back to life and finding new owners for them. Uniquely, they will help you list your home and sell it the conventional way, too.
They have many positive reviews centered on how they’ve relieved sellers of the stress associated with maintaining a home that’s in poor condition. Most reviewers appreciate the team’s knowledge and excellent communication throughout the process.
Four 19 Properties has a 4.9 out of 5 rating on Google My Business, with only one poor rating from a customer who left no specifics.
The only negative associated with this cash home-buying company is that they offer the typical low prices associated with home flippers.
If you’d rather not discuss your personal circumstances with a cash investor, iBuyer.com offers a less invasive, yet efficient process.
5. We Buy Homes in USA
We Buy Homes in USA is a division of Ninety9 Capital. This business prefers to finalize the cash home buying process within a week and you can also enjoy a sale within 3 days thanks to their express purchase system.
The company charges no fees for their services and will pay some of your closing costs.
Their simple process involves four steps, namely:
- Setting up an appointment
- Undergoing a home visit and receiving an offer
- Agreeing to the cash offer
- Closing the sale
We Buy Homes in USA has an A+ rating with the BBB. Yet, on Google My Business, their rating is 3.3 out of 5, with some reviewers complaining that the buyer is deceptive and pulls out of the deal at the last minute.
Would you rather work with reputable, vetted investors with a serious interest in your home? Working with iBuyer is the best option for you.
We can help with your house sale
Avoid the uncertainties associated with finding a we buy houses company.
iBuyer.com will connect you with a committed real estate investor in no time to ensure a successful and satisfactory home sale. Enter your address here and get a reasonable cash offer on your home today.