We Buy Houses Edinburg: 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.
If you’re looking to sell your Texas home fast, especially if it needs some work, partnering with a “We Buy Houses” Edinburg company could be a great solution. These businesses make all-cash offers, allowing you to skip repairs, inspections, or other headaches typically associated with selling your home.
For homeowners faced with an unexpected change in circumstances, like an unwanted inheritance or the need to relocate for a new job, a cash sale can be a lifesaver.
In this post, we’ll discuss the pros and cons of selling to a cash buyer, break down how it works, and explore other options to help you make the best decision for your Edinburg home sale.
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 7 days. No showings, no repairs, no open houses. Available to sellers throughout Edinburg, TX.
Sell Your House Fast in Edinburg With a Cash Offer
Working with house-buying companies in Edinburg
A cash sale through a house-buying company in Edinburg can be completed quickly and with minimal hassle. These companies handle most of the paperwork and often buy homes in any condition. Here’s an outline of the process of selling your home for cash:
- Contact the company: Reach out to a reputable house-buying company in Edinburg and provide some details about your home.
- Schedule a home visit: Set up a convenient time for the company’s representative to view your property in person or virtually.
- Receive a cash offer: After the visit, the company will present a no-obligation cash offer for your home, often within 24 to 48 hours.
- Review the contract: Take time to review the purchase agreement carefully and ensure you understand the terms.
- Accept the offer: If the terms work for you, sign the agreement to proceed with the sale.
- Close the sale: Finalize the transaction at a local title company or attorney’s office and receive your cash payment upon closing.
Popular We Buy Houses for Cash companies in Edinburg
If the process of selling to a house-buying company in Edinburg 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’ property, whether that’s a ranch-style home or a Mediterranean Revival. By working with one of these companies, you should be able to sell your Edinburg home in as little as a week or two.
TWB House Buyers
TWB House Buyers specializes in acquiring residential properties throughout the McAllen-Edinburg metropolitan area, regardless of their condition. The company is experienced in addressing complex challenges such as title disputes and foreclosure situations.
Upon initial contact, sellers can expect a comprehensive cash offer within 24 hours. TWB House Buyers prides itself on delivering a seamless transaction process, with the ability to close sales in as little as seven days.
Locations: Throughout Texas, including Edinburg
Closing costs: Sellers pay no closing costs; TWB House Buyers covers them.
Garnering trust from its clients, TWB House Buyers reflects a 5-star rating on Google. Clients describe their home-selling experience as outstanding, highlighting the team’s kindness, patience, and professionalism throughout the process. They appreciated the consistent support, flexibility, and genuine care shown at every stage, which made the transaction smooth and stress-free.
Website: twbhousebuyers.com
Phone: 956-335-3143
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Edinburg (and across the country) can request a cash offer for their home. It features one of the largest networks 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 Edinburg. With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Edinburg
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has been BBB accredited since 2019 and now holds an impressive 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.
Website: homelight.com/simple
Phone: 844-488-8455
Dolfin RGV
Dolfin RGV, a real estate investment firm serving the McAllen-Edinburg metropolitan area, is dedicated to offering tailored solutions for homeowners seeking a swift sale, regardless of the property’s condition. It provides cash offers within 24 hours of initial contact, ensuring a prompt and transparent process.
Sellers benefit from flexible closing options, with transactions typically completed within nine days or on a timeline that suits their individual needs.
Locations: McAllen and surrounding areas, including Edinburg
Closing costs: Sellers pay no closing costs; Dolfin RGV covers them.
Known for its fair, transparent homebuying services, Dolfin RGV has been BBB accredited since 2020 and has an A+ rating. Its Google Business Profile holds a perfect customer review score of 5 stars.
Past clients report a quick and hassle-free selling process, noting that the team responded promptly and provided a fair offer. What was expected to take much longer closed in a few weeks, reflecting the company’s reliability and efficiency.
Website: dolfinrgv.com
Phone: 956-904-5234
We Buy Ugly Houses® / HomeVestors®
We Buy Ugly Houses is a subsidiary of HomeVestors, a pioneer in the home-buying sector founded in 1996. Its network of independently owned offices has purchased more than 150,000 properties since the company’s launch.
The firm provides instant cash offers for distressed properties. When homeowners agree to the offered price, they can close on the sale of their home in as little as three weeks.
Locations: Nationwide, including Edinburg
Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.
HomeVestors holds an A+ BBB rating and a high 4.8-star rating on Google. Past clients share that the team was transparent about the process and upfront with their offer, making the sale stress-free. They appreciated having their questions answered promptly and valued the extra effort taken to handle unique properties. Many recommend the company to friends and family, highlighting the straightforward and smooth experience.
Website: webuyuglyhouses.com
Phone: 866-604-4504
Sunbelt Cash Offer
Sunbelt Cash Offer, founded by Waleed Yousif, provides a fast and hassle-free way for homeowners in Edinburg, TX, to sell their properties. Locally owned, the company specializes in purchasing homes in “as-is” condition, covering all closing costs with no fees or commissions. It also offers cash advances up to $5,000.
Locations: Throughout Rio Grande Valley, including Edinburg.
Closing costs: Sellers pay no closing costs. Sunbelt Cash Offer covers them.
Backed by positive customer reviews, Sunbelt Cash Offer earned 4.6 stars on Google. Clients say the selling process was quick and straightforward, making it far less stressful than they expected. They appreciated the attentive support and clear communication provided from the very beginning through closing. Questions were answered promptly, and the team made sure sellers were kept informed at every stage.
Website: sunbeltcashoffer.com
Phone: 956-884-4441
Why sell your Edinburg house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Edinburg, selling a home on the open market using an agent takes around 123 days. That includes an average of 82 days on the market plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Edinburg, 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.
Selling your Edinburg home for cash can be a practical solution if you’re facing unique challenges or a sudden need to move quickly. House-buying companies specialize in these fast, as-is purchases, so you can avoid time-consuming repairs, listings, and showings. Below are common scenarios where an all-cash home sale could be the right fit:
- Job relocation: If a new position requires you to move quickly, a cash sale can simplify your transition.
- Divorce settlement: A cash sale can help streamline asset division, allowing you and your spouse to move forward sooner.
- Unwanted inheritance: If you’ve inherited a property, selling for cash can prevent carrying the expenses of a second home.
- Downsizing transition: Selling for cash can help you downsize quickly to a smaller, more manageable space.
- Costly repairs: If your home is in poor condition, a cash buyer can purchase it as-is, saving you from costly fixes.
- Open house stress: Skip the hassle of open houses and repeated showings with a cash sale that offers a streamlined alternative.
- Structural damage: Homes with foundation problems are often hard to sell traditionally, making a cash offer more attractive.
- Foreclosure fix: If you’re facing foreclosure, selling to a house-buying company may help you avoid further credit damage.
- Difficult tenants: Cash buyers often accept tenant-occupied properties, so you don’t have to worry about handling renters.
- Remote home sale: If you plan to sell your Edinburg home from out of state, a cash buyer simplifies the process and removes the need to travel back and forth.
Pros and cons of house-buying companies in Edinburg
Knowing what to expect, both the good and the bad, when working with a house-buying company empowers you to make the best decision. It helps you avoid issues that could derail the process.
The biggest advantage of selling to a cash buyer is the speed and simplicity of the transaction. Below is a breakdown of the benefits of house-buying firms:
- Quick closing: Cash sales often close in days or weeks, making them a fast solution when you need to move quickly.
- No repairs needed: Buyers purchase as-is, so you won’t need to make costly fixes or upgrades.
- No contingencies: Cash buyers typically don’t include contingencies, minimizing obstacles that can delay or derail a sale.
- Less paperwork: Cash offers require fewer documents, making for an easier, more streamlined process.
The downside to working with a house-buying company in Edinburg is that you will likely earn lower profits. Consider these potential drawbacks.
- Lower offers: Cash offers are usually 10 to 30% lower than market value, as companies account for resale profit and repair costs.
- Scam risks: Some entities pose as cash buyers but actually operate house-buying scams, so it’s important to research companies carefully before proceeding.
- Limited buyer competition: Selling directly to one buyer reduces competition, which can lead to a lower offer compared to a competitive market sale.
- Fewer selling options: A cash sale eliminates marketing, showings, and open houses, which might reduce the excitement around your property.
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.
Curious What Your Home Is Worth?
Vet cash buyers and know your home’s worth
Before committing to a cash offer, ensure you’re working with a reputable buyer. Here’s how to vet cash buyers effectively and confirm your home’s worth:
- Research reputation: Look up the company online, read reviews, and check testimonials to understand others’ experiences with them.
- Evaluate local presence: Reliable companies often have a strong track record in your area, demonstrating a commitment to customer service and fair practices.
- Request references: Ask for references from past clients to get a feel for the company’s professionalism and follow-through.
- Review the agreement: Carefully read the purchase contract to fully understand terms, timelines, and conditions before signing.
- Know your value: Consider getting a professional appraisal or a comparative market analysis (CMA) to understand your home’s worth, so you can assess whether the offer is reasonable.
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 Edinburg. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Edinburg home quickly
Working with iBuyers: iBuyers, or instant buyers, offer automated valuation models to provide fast, all-cash offers online. While the process can be completed in days, they charge service fees of 5% to 6% of the home’s sale price. Moreover, iBuyer companies like Opendoor and Offerpad prefer homes in good condition.
Listing with an agent: Though less immediate, a top agent can help sell your home quickly in a strong market. They’ll prepare a free CMA and help you set a competitive price to sell fast. Agents can also connect you with cash buyers. HomeLight can match you with a top agent for guidance in assessing your options.
FAQs on Edinburg house-buying companies
By and large, most We Buy Houses for Cash companies in Edinburg 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 BBB website. Watch for anything that just doesn’t seem right.
Most Edinburg We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), then deduct 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 Edinburg Spanish revival home could sell for $265,000 after repairs, but it will need $25,000 of work to get there.
($265,000 x .70) – $25,000 = $160,500
In this example, an Edinburg We Buy Houses company might offer you around $160,500 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 they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from an Edinburg We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, 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 Edinburg area. Our list above is a good place to start.
- Submit offer requests to a few 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 Edinburg vs. top Edinburg 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 Edinburg | Sell with a top Realtor in Edinburg |
| Selling timeline | 7 to 30 days | 123 days average; 82 to attract an offer, 41 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
| Showings | None | 10 to 25 showings on 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 the 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 6% of the home’s sale price |
| Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s 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 Edinburg is worth about $240,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $265,000.
| Sell to a We Buy Houses for Cash company in Edinburg | Sell with a top Realtor in Edinburg | |
| Estimated sale price | ($265,000 x .70) – $25,000 = $160,500 | $240,000 |
| Market preparations | 0 | $2,400 (1% of the sale price) |
| Agent commissions | 0 | $7,200 (3% of the sale price) |
| Closing costs | 0 | $3,600 (1.5% of the sale price) |
| Estimated take-home for seller | $160,500 | $226,800 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home.
What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speedy sale: House-buying companies in Edinburg offer fast closings, often in days or weeks, which is ideal for sellers in a time crunch.
- As-is convenience: Selling as-is lets you avoid costly repairs, cleaning, and staging, with companies willing to purchase homes in any condition.
- Lower offers: Cash offers from house-buying companies are often lower than what you’d receive on the open market due to their quick, risk-free approach.
- Easy process: Working with a cash buyer involves minimal paperwork and few contingencies, making the process simpler and faster than traditional sales.
- Home valuation: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
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 Edinburg agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Edinburg area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (PantherMediaSeller / Deposit Photos)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.