We Buy Houses Euless: Top 5 Companies
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- 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’re looking for a quick home sale in the Lone Star State, you might have come across “We Buy Houses” Euless companies offering all-cash deals for properties. These firms can be an attractive option when your home needs repairs and you’re short on time or funds to fix it up before selling. These companies will buy your home as-is, which means you can avoid the hassle and expense of extensive repairs.
In this post, we’ll explore the pros and cons of selling to a house-buying company in Euless so you can decide if this option is right for your situation.
Working with house-buying companies in Euless
- Contact the company: Reach out to the house-buying company by phone or online to share basic details about your home.
- Schedule a visit: The company will arrange a time to inspect your property, often within a few days of your initial contact.
- Receive a cash offer: After the inspection, you’ll typically receive a no-obligation cash offer within 24 to 48 hours.
- Review the offer: Take the time to assess whether the cash offer meets your needs, considering your situation and priorities.
- Accept the offer: If it works for you, accept it and prepare to proceed with the sale.
- Close the sale: Once you accept, the closing process is usually fast, often taking just a week or two, at which point you receive your payment.
Popular We Buy Houses for Cash companies in Euless
If the process of selling to a house-buying company in Euless 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 traditional brick house. By working with one of these companies, you should be able to sell your Euless home in as little as a week or two.
Metroplex Homebuyers
Metroplex Homebuyers purchases homes in any condition, eliminating the need for repairs, cleaning, or time-consuming showings. Sellers receive a no-obligation cash offer within 24 hours, an efficient start to the selling process.
Closings can be completed in as little as seven days, allowing for a quick and convenient sale. With a commitment to simplicity and fairness, Metroplex Homebuyers offers a hassle-free alternative to traditional home selling.
Locations: Throughout the Dallas-Fort Worth area, including Euless
Closing costs: Sellers pay no closing costs; Metroplex Homebuyers covers them.
Respected for upholding ethical values in its business operations, Metroplex Homebuyers has earned an A+ rating from the Better Business Bureau (BBB). Its Google Business Profile reflects a high customer review score of 4.9 stars. Some clients share that the company is upfront and delivers exactly what they promise.
Others appreciate being able to sell their homes as-is while still receiving a fair cash price. They describe Metroplex Homebuyers as a standout in customer service, making the selling process smooth and stress-free.
Website: metroplexhomebuyers.com
Phone number: 972-487-7653
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Euless (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 Euless.
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 Euless, TX.
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 currently 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
Southern Hills Home Buyers
Southern Hills Home Buyers has built a solid reputation since 2010 by assisting homeowners in challenging circumstances like divorce, foreclosure, and urgent financial needs. As seasoned investors, they offer quick closings ranging from two to seven days. The team’s efficient process provides a dependable option for those seeking to avoid the delays of traditional home sales.
Locations: Throughout the Dallas-Fort Worth area, including Euless
Closing costs: Sellers pay no closing costs; Southern Hills Home Buyers covers them.
Because of its dedication to transparency and fairness, Southern Hills Home Buyers secured an A+ rating from the BBB. On Google, past clients rated the firm an average score of 5 stars.
Reviewers describe the company as professionally run, with a fantastic and helpful staff. They commend the team’s kindness, noting that every question is answered thoroughly. Many also value the fair offers and quick closings, which are delivered exactly as promised.
Website: southernhillshomebuyers.com
Phone number: 214-225-3042
House Heroes
House Heroes, originally based in Florida and now serving Texas, buys single-family homes, land, condos, and apartments regardless of their condition. The company offers a straightforward option for homeowners looking to sell their properties as-is, without the need for expensive repairs or agent fees. Sellers usually receive a cash offer within 24 hours and can select a closing date that suits their schedule.
Locations: Throughout Texas, including Euless, and other states
Closing costs: Sellers pay no closing costs; House Heroes covers them.
Formally recognized by the BBB since 2017, House Heroes, LLC maintains an A+ rating. Clients recall that, despite early challenges in selling a property, the team’s dedication and persistence brought the deal to completion. They highlight a seamless process from initial contact to closing, marked by professionalism, friendliness, and in-depth knowledge.
Website: househeroes.com
Phone: 954-676-1846
Starfish Group Properties
Starfish Group Properties, founded in 2011, has been a trusted name in the Fort Worth cash-offer real estate market for years. It provides sellers with fast, no-obligation cash offers within 24 hours and allows homeowners to choose their preferred closing and move-out dates. For those looking to sell quickly, the company can close deals in as little as 7 days, giving sellers a convenient alternative to the usual real estate market hassles.
Locations: Euless and surrounding areas
Closing costs: Sellers pay no closing costs; Starfish Group Properties covers them.
Starfish Group Properties has been BBB accredited since 2021 and holds an A+ rating. Given the positive customer testimonials on Google, it received a perfect 5-star rating.
Clients often remark that the team is reliable and working with them made the selling process easy. They commend the clear communication and cooperative approach during every step. Many express confidence in the team’s ability to deliver successful transactions time after time.
Website: starfishgroupproperties.com
Phone: 817-859-6677
Why sell your Euless 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 Euless, selling a home on the open market using an agent takes around 76 days. That includes an average of 35 days on the market, from listing to signed contract, 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 Euless, 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 facing a situation that requires a quick sale of your Euless home, selling to a cash-for-homes company might be the right choice. These companies can provide a fast, hassle-free transaction when timing and simplicity are essential. Here are some common scenarios where selling for cash might make sense.
- Job relocation: You need to sell quickly to start a new position in another city without the delay of listing and marketing your home.
- Divorce settlement: Selling for cash allows you to quickly divide assets and move on without the drawn-out process of a traditional home sale.
- Unwanted inheritance: If you prefer not to take on the responsibility of maintaining or repairing an inherited home, selling it can simplify the entire process.
- Downsizing transition: A cash sale can simplify the transition to a smaller home when you’re ready to sell your larger property.
- Costly repairs: If your home is in poor condition, you can sell it as-is and leave any necessary structural or cosmetic repairs to the buyer.
- Open house inconvenience: You can skip the process of staging your home and dealing with the stress of frequent showings and open houses.
- Structural damage: Serious problems like a cracked foundation can scare off traditional buyers, but a cash buyer will take it off your hands without needing repairs.
- Foreclosure fix: Selling your home quickly for cash might help you avoid foreclosure and its long-term financial impacts.
- Existing tenants: If you’re a landlord looking to sell, a cash sale can be a quick exit even if the property is currently occupied by tenants.
- Remote home sale: If you need to sell from out of state, a cash sale allows you to complete the transaction quickly and easily without being physically present.
Pros and cons of house-buying companies in Euless
When considering selling to a house-buying company in Euless, weighing the benefits and drawbacks is important. These companies offer a fast and simple transaction, but the convenience comes with some trade-offs. Let’s break down the pros and cons to help you make an informed decision.
- Quick closing: Cash sales can close in as little as a week, helping you move on from your home fast when time is of the essence.
- As-is deal: You don’t have to worry about repairs or upgrades, as the buyer takes the home exactly as it is.
- No contingencies: Unlike traditional home sales, there are usually no contingencies that might slow down the process or result in the deal falling through.
- Less stress: You can skip the hassle of open houses, showings, and negotiating with multiple buyers, making the process simpler and more straightforward.
Although working with a house-buying company in Euless makes the process easier, you may sacrifice some earnings compared to selling your home the traditional way. Here are some common drawbacks to consider:
- Lower sale price: Cash buyers usually offer less than what you’d get by selling on the open market through a traditional real estate transaction.
- Limited negotiation: House-buying companies typically present take-it-or-leave-it offers, leaving you with little room to negotiate a better deal.
- Scam risks: Some entities may pose as cash buyers but actually engage in house-buying scams, so make sure to always vet the buyer before proceeding with a sale.
- No market competition: You miss out on the potential for multiple offers and competitive bidding that could increase your home’s sale price.
Vet cash buyers and know your home’s worth
When working with a house-buying company in Texas, the level of integrity and service you experience can vary depending on the person or group making the offer. Here’s what to do before committing to a cash offer:
- Research market presence: Look into the company’s performance to confirm they’ve successfully bought homes like yours in Texas.
- Check for legitimacy: Ensure the company is legitimate by confirming its credentials and history in the industry.
- Read testimonials: This provides insight into a company’s reputation and customer service, helping you make a more confident and informed decision.
- Read the agreement: Carefully review the buying agreement before signing to ensure you understand the terms of the sale and aren’t caught by surprise.
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 Euless. You can also try our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Euless home quickly
Working with iBuyers
Instant buyers or iBuyers use automated valuation models (AVMs) to provide near-instant offers for homes in better condition. The homebuying process is fast, usually taking a few days to two weeks from offer to close.
While iBuyer companies like Opendoor and Offerpad offer convenience, they often charge service fees of 5% to 6% of the home’s sale price. They’re a good option for sellers with well-maintained homes in uniform housing markets.
Listing with an agent
Selling with an agent could result in a faster-than-expected sale, especially if your home is priced well in a seller-friendly market. A trusted agent can provide a comparative market analysis (often free) and may connect you with cash buyers willing to pay closer to market value. HomeLight can connect you with a top-performing agent today.
FAQs on Euless house-buying companies
By and large, most We Buy Houses for Cash companies in Euless 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 signing 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 Euless 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 Euless brick home could sell for $365,000 after repairs, but it will need $25,000 of work to get there.
($365,000 x .70) – $25,000 = $230,500
In this example, a Euless We Buy Houses company might offer you around $230,500 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 a Euless 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 Euless 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 Euless vs. top Euless 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 Euless | Sell with a top Realtor in Euless |
Selling timeline | 7 to 30 days | 76 days average; 35 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 and 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 Euless is worth about $340,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $365,000.
Sell to a We Buy Houses for Cash company in Euless | Sell with a top Realtor in Euless | |
Estimated sale price | ($365,000 x .70) – $25,000 = $230,500 | $340,000 |
Market preparations | 0 | $3,400 (1% of the sale price) |
Agent commissions | 0 | $10,200 (3% of the sale price) |
Closing costs | 0 | $5,100 (1.5% of the sale price) |
Estimated take-home for seller | $230,500 | $321,300 |
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 timeline might not fit your immediate needs.
Key takeaways
- Speedy sale: Cash-for-homes companies offer quick closings, often within a week, making them ideal for sellers who need to move fast.
- As-is deal: You won’t need to make any repairs or updates to your home, as these companies buy properties in any condition.
- Lower offers: Expect offers to be below market value, as cash buyers prioritize speed and convenience over competitive pricing.
- Limited negotiation: Most house-buying companies offer a take-it-or-leave-it deal, with little room to negotiate a higher price.
- Hassle-free transaction: Selling for cash reduces the stress of preparing your home for the market and dealing with traditional contingencies.
- 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 handling 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 Euless gent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Euless 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.
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