We Buy Houses Brookshire: Top 5 Companies
- Published on
- 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.
If you need to sell your Brookshire home fast, a We Buy Houses company could be the right solution for you. These companies make all-cash offers on properties, often focusing on homes that need repairs. For homeowners who don’t have the time, money, or expertise to handle the necessary fixes, a quick cash sale can provide a faster path to move forward with life plans.
A cash sale is particularly helpful when faced with unexpected or urgent situations. Whether you’re dealing with a job relocation, financial struggles, or an inherited property, selling to a cash-for-homes company can help you move quickly.
In this post, we’ll explain how the process works, explore the pros and cons, and help you decide if selling your Brookshire house for cash is the right move for you.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Brookshire area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Brookshire
Working with a house-buying company in Brookshire is a simple, straightforward process that helps you sell your home quickly without worrying about repairs or complicated negotiations. If you’re in a situation where time is of the essence, here’s how the process typically works:
- Contact the company: Reach out to a house-buying company to express interest in selling your home.
- Schedule an evaluation: The company will arrange a time to inspect your property and assess its condition.
- Receive an offer: After the evaluation, the company will present you with a cash offer, typically within 24 to 48 hours.
- Review the offer: Take time to review the offer and decide whether you’re ready to accept the terms.
- Sign the contract: If you’re satisfied with the offer, sign the agreement to move forward with the sale.
- Close the sale: The company handles the closing process, and you receive your payment, often within days.
Popular We Buy Houses for Cash companies in Brookshire
If the process of selling to a house-buying company in Brookshire 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 Traditional Brick Home. By selling to one of these companies, you should be able to sell your Brookshire home in as little as a week or two.
Texas Home Buyers
Texas Home Buyers provides home-selling solutions for homeowners in various situations, including foreclosure, divorce, and inherited properties.
Locations: Across Texas, including Houston, Dallas, San Antonio, and Austin.
Closing costs: Sellers pay no closing costs. Texas Home Buyers covers them.
Texas Home Buyers has been BBB accredited since 2014 with an A+ rating and holds a 4.4-star rating on Google.
Website: texashb.com
Phone number: 713-649-7653
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Brookshire (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 Brookshire.
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 Brookshire
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
Houston Home Buyers
Houston Home Buyers focuses on providing cash offers and aim to close deals fast, often within days, to assist individuals facing various situations such as foreclosure, divorce, or unwanted inherited properties.
Locations: Greater Houston area and surrounding regions, including Brookshire.
Closing costs: Sellers pay no closing costs. Houston Home Buyers covers them.
Houston Home Buyers holds a 4.7-star rating on Google.
Website: houston-home-buyers.com
Phone number: 281-231-2703
AMI House Buyers
AMI House Buyers is a local real estate investment company that purchases homes for cash, offering quick and easy solutions to homeowners who want to sell their properties fast. They focus on delivering a stress-free, transparent, and fair selling experience for their clients, making the process convenient for those facing foreclosure, probate, or other life situations.
Locations: Greater Houston area, including but not limited to Harris, Brazoria, and Galveston counties.
Closing costs: Sellers pay no closing costs. AMI House Buyers covers them.
AMI House Buyers has a 5-star rating on Google.
Website: amihousebuyers.com
Phone number: 832-409-1116
Christian House Buyers
Christian House Buyers is a home-buying company dedicated to providing an efficient solution for homeowners looking to sell their properties quickly. They offer flexible options for cash sales, ensuring a stress-free and seamless transaction process.
Locations: Houston, Texas and the surrounding areas.
Closing costs: Sellers pay no closing costs. Christian House Buyers covers them.
Christian House Buyers has a 4.9-star rating on Google.
Website: christianhomebuyers.com
Phone number: 832-409-1116
Why sell your Brookshire house for cash?
There are plenty of valid reasons a Brookshire home seller may choose to work with a Cash-For-Homes company. The speed of the transactions, coupled with the overall ease of selling, are some of the primary reasons.
In Brookshire, it typically takes around 145 days to sell a home on the market using an agent. That includes an average of 102 days on the market plus the typical 43 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 Brookshire, 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.
If you’re a Brookshire homeowner who needs to sell quickly, selling your house for cash can provide a fast, hassle-free solution. While the cash offer may be lower than the open market price, the benefits can outweigh the costs in certain situations. Here are some common scenarios where selling your house for cash might be a good fit:
- Job relocation: You need to sell fast to move for a new job without managing a lengthy home sale process.
- Divorce: Selling quickly and dividing the proceeds may simplify the process of separating finances.
- Inherited property: You want to avoid the time and expense of managing an inherited home, especially from a distance.
- Downsizing: Selling your home for cash can speed up your transition to a smaller, more manageable property.
- Repairs: If your house needs significant repairs, selling for cash lets you skip the fixes and sell as-is.
- Open houses: You’d prefer to avoid the hassle and inconvenience of staging and hosting open houses.
- Foundation issues: Selling for cash can help you avoid paying out-of-pocket for expensive foundation repairs.
- Foreclosure: A cash sale could help you avoid foreclosure and settle your mortgage debt.
- Tenants: You want to sell your rental property but don’t want to wait for a tenant’s lease to expire.
- Selling from out of state: Selling for cash provides a quick solution without needing to travel back and forth.
Pros and cons of house-buying companies in Brookshire
Selling your Brookshire house to a house-buying company can offer significant advantages. The biggest perks are speed and convenience, as these companies will buy your home in any condition without requiring you to make repairs or preparations. Here’s a quick look at the key benefits:
- Fast sale: House-buying companies can close the deal in as little as a week, making it ideal for homeowners who need to sell quickly.
- As-is sale: You can sell your house without making any repairs or updates, which can save you time and money on costly fixes.
- No contingencies: Most cash buyers don’t include contingencies in their offer, reducing the risk of the sale falling through at the last minute.
- Convenience: You avoid the hassle of open houses, showings, and keeping your home in showing-ready condition.
While house-buying companies offer a quick sale, the biggest drawback is that they often present offers that are below market value. This trade-off can mean receiving significantly less than what your home could sell for with an agent. Here are some of the key downsides:
- Lower offer: Expect to receive less for your home than you would on the open market, as these companies typically aim for a profit margin.
- No room for negotiations: Most offers are take-it-or-leave-it, leaving you with little ability to negotiate the price.
- Potential for scams: Be cautious of scams and fraudulent companies that may try to take advantage of your situation.
- Limited buyer pool: You won’t have the opportunity to explore offers from multiple buyers, as you would with a traditional listing.
Vet cash buyers and know your home’s worth
When selling your Brookshire home to a We Buy Houses for Cash company, the level of service and integrity you experience can vary. To ensure a smooth experience, take the following steps before committing to a cash offer:
- Check reviews: Look at online reviews and testimonials from previous clients to gauge the company’s reputation.
- Research the company: Investigate the company’s presence in the market and how long they’ve been buying homes.
- Ask for references: Don’t hesitate to ask for references from past clients who sold their homes to the company.
- Read the agreement carefully: Review the buying agreement in detail, paying close attention to the terms, fees, and timeline.
- Verify legitimacy: Ensure the company is legitimate, licensed, and not involved in fraudulent activities.
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 Brookshire home quickly
iBuyers: iBuyers, or instant buyers, use automated valuation models to provide fast, all-cash offers for homes in good condition. Companies like Opendoor and Offerpad often offer more than traditional house-buying companies, but charge service fees of 5%-6%. The iBuyer process typically closes in a few days to two weeks.
Listing with an agent: Selling with a top agent can result in a quick sale in the right market, while typically fetching a higher price. A trusted agent will provide a comparative market analysis (often free) to help set a price. HomeLight can connect you with a top-performing agent who may even find cash buyers.
FAQs on Brookshire house-buying companies
By and large, most We Buy Houses for Cash companies in Brookshire 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 Brookshire 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 Brookshire ranch-style home could sell for $360,000 after repairs, but it will need $30,000 of work to get there.
($360,000 x .70) – $30,000 = $222,000
In this example, a Brookshire We Buy Houses company might offer you around $222,000 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 Brookshire 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 Brookshire 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 Brookshire vs. top Brookshire 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 Brookshire | Sell with a top Realtor in Brookshire |
Selling timeline | 7 to 30 days | 145 days average; 102 to attract an offer, 43 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%-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 Brookshire is worth about $360,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $385,000.
Sell to a We Buy Houses for Cash company in Brookshire | Sell with a top Realtor in Brookshire | |
Estimated sale price | ($385,000 x .70) – $25,000 = $244,500 | $360,000 |
Market preparations | 0 | $3,600 (1% of sale price) |
Agent commissions | 0 | $10,800 (3%) |
Closing costs | 0 | $5,400 (1.5%) |
Estimated take-home for seller | $244,500 | $340,200 |
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 sale: Cash-for-homes companies offer a fast way to sell your house, often closing in just a week or two.
- As-is sale: You don’t need to make repairs or updates; cash buyers will purchase your home in its current condition.
- No contingencies: These companies typically present offers without contingencies, reducing the risk of delays or deal fall-throughs.
- Lower offer: Cash-for-homes companies usually provide less than market value, as they aim for a profit margin.
- 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 Brookshire agent.
Header Image Source: (oscarcwilliams / Deposit Photos)