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7 of the Top We Buy Houses for Cash Companies in Houston

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.

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of companies in this post do not constitute an endorsement. Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

We Buy Houses companies in Houston make all-cash offers for homes that often need some work, enabling sellers who lack the time, expertise, and money for repairs to move quickly and receive the cash proceeds from their home sooner if they need it.

Maybe climate change has impacted your Houston property in unexpected ways due to an uptick in hurricanes locally or more extreme temperatures. Or perhaps remote work has allowed you to move beyond city limits and into an area of the state with lower living costs. Whatever your reasons for wishing to relocate, there are many options in this market by which you can choose to sell your property.

If you need to sell your Houston home quickly, a We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much a Houston house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can select a company on our list of some of the top contenders and get moving.

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Working with house-buying companies in Houston

We Buy Houses companies in Houston typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. They tend to target distressed properties in need of repairs and work with sellers who need to move ASAP.

Here’s how the process generally works:

  1. You request an offer and provide the company with some information about your home. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.
  2. The company completes a walk-through of your property, usually within 24 to 48 hours.
  3. The company makes a firm offer (usually within 24 hours, sometimes on-site after the walk-through) which you can accept or decline. Most of these companies will not negotiate on price, so the offer is a take-it-or-leave-it scenario.
  4. If you accept the offer, you’ll both sign a contract and begin the closing process. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.
  5. Closing and getting paid is quick, typically within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.

Popular We Buy Houses for Cash companies in Houston

If these benefits of selling to a house-buying company in Houston sound 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 parents’ outdated ranch house or your short-lived Craftsman-style home. By selling to one of these House-for-Cash companies, you should be able to sell your Houston home in as little as a week or two.

We Buy Houses® Houston

Website: webuyhouses.com/TX/Houston
Phone number (877) 932-8946 or (832) 688-4566 for the North Texas office
Locations: Nationwide, with offices in over 30 states

We Buy Houses® is a long-standing and trusted name in the world of the “Houses for Cash” sales model. Established in 1997, the company is headquartered in the Dallas-Fort Worth metroplex in Grapevine, Texas. While the company has independently owned and operated locations all over the United States, corporate headquarters in Texas lend to a specialty in the state’s localities and specific markets.

Having served over 1 million homeowners since its inception, this company’s name is well-known. Serving over 200 markets across the country, the company employs a franchise model that provides expert knowledge of local markets, in addition to its longstanding reputation.

Closing costs: Sellers pay no closing costs; We Buy Houses® covers them.

Reviews: We Buy Houses® Houston is accredited by the Better Business Bureau and holds an A+ BBB rating. Customer reviews on Google for We Buy Houses® speak to fast response times, knowledgeable and professional staff, and an overall smooth selling process. Something to keep in mind with this buyer, however, is that not all company offices are consistently reviewed.

While the corporate chapter of the company in Grapevine has received an A+ rating from the Better Business Bureau, not all local offices have been ranked so positively. In addition, while We Buy Houses® is a long-term player in real estate, there are many companies with very similar names that do not belong to the corporate chapter of the registered trademark — just be sure to do your research.

Simple Sale (a HomeLight platform)

Contact information: homelight.com/simple
Phone: (844) 488-8455
Locations: Nationwide, including Houston

Simple Sale, a solution from HomeLight, is an online platform where sellers in Houston (and across the country) can request a cash offer for their home. Simple Sale has a network of cash buyers on its platform, and 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 Houston. With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it can take to sell the traditional way.

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

Reviews: Simple Sale is a HomeLight platform. HomeLight is BBB accredited with a customer review rating of 4.57 stars out of 5, and has 4.6 stars on Google based on 498 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.

HomeVestors / We Buy Ugly Houses

Website: webuyuglyhouses.com
Phone number: (877) 245-0773
Locations: Nationwide, including 25 metropolitan areas in Texas, with headquarters in Dallas

Not to be confused with We Buy Houses®, We Buy Ugly Houses is a subsidiary of the parent company HomeVestors. HomeVestors was founded in 1996 and began franchising at that time, so this company is also one of the longer-standing house-buying companies in a crowded market. Its independently owned and operated offices have together purchased more than 110,000 houses since inception.

Unlike some competitors, We Buy Ugly Houses makes clear and firm cash offers to the sellers they work with. They are careful to visit properties before proposing an offer, and once doing so, the company does not subtract commissions or fees during the closing process.

To avoid copycat businesses, be sure to read up on what sets HomeVestors apart as a company.

Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.

Reviews: The Houston office of We Buy Ugly Houses has had an open BBB file since 2016, though they are not yet accredited. Customer reviews on Google for HomeVesters are mixed, speaking to expedient, hassle-free, and easy closing processes. Conversely, other customers express frustration with losing initial “firm” offers and delayed closing dates.

PPS Homebuyers

Website: ppshousebuyers.com
Phone number: (281) 306-5055
Locations: Houston metropolitan area and suburbs including Katy, The Woodlands, Cypress, and others

Established in 2017, this Houston-based company specializes in the local housing market. With an in-house title coordinator, this small staff is focused on customer needs and sorting out a variety of obstacles — including deed and permit issues.

Closing costs: Sellers pay no closing costs; PPS Homebuyers covers them.

Reviews: With over 40 five-star reviews on Google over the last three years, this company has delivered proven and consistent customer service experiences. Google reviews frequently compliment helpful staff by name; sellers speak to fair offers, a convenient online closing process, and quick response times. PPS Homebuyers is BBB accredited and holds an A rating.

HomeGo

Website: homego.com
Phone number: (866) 507-9030
Locations: Nationwide, including Houston and surrounding suburbs

HomeGo was founded in 2018, and their Houston office was accredited with the Better Business Bureau in 2019. The company has purchased over 30,000 homes to date, and states that they buy a home every 20 minutes. With so many successful transactions completed, this company has proven its ability to please customers in markets across the United States.

The company states that their offers factor in all costs upfront, so buyers can expect repair expense considerations to be considered as a part of their cash offer. HomeGo will purchase homes in an array of conditions — including those that require a complete overhaul.

Closing costs: Sellers pay no closing costs; HomeGo covers them.

Reviews: HomeGo’s Houston office has been BBB accredited since 2019. Customer reviews for HomeGo on Google speak to positive interactions with staff and a personalized seller experience. Customers also indicate a high level of responsiveness by phone or text throughout the selling process.

Greater Houston Houses LLC

Website: greaterhoustonhouse.com
Phone number: (832) 510-6471
Locations: Houston proper and surrounding suburbs

Greater Houston Houses is a solid choice for buyers in the area who want a high level of involvement with their selling process. The company was established in 2005, successfully operating in this market for over 15 years. Greater Houston Houses strives to build relationships with sellers by meeting in person at each property.

Unlike other Houston area house-buying companies, this small business is operated by a husband and wife, Vaughn and Anera Ramcharitar. Buyers can expect a localized experience from a company that has been longstanding in this market and recognized by local awards.

Closing costs: Greater Houston Houses factors closing costs into their cash offers. For more information about how these costs are handled at the time of closing, contact this company directly.

Reviews: Greater Houston Houses has been BBB accredited since 2016. Customer reviews with the BBB speak to a swift selling experience and positive interactions with company staff. Customers also consistently indicate on the BBB website and on Google that they are presented with multiple solutions to any hurdles that may come up during the selling process, empowering them to make the decision that’s right for them.

Move On House Buyers

Website: moveonhousebuyers.com
Phone number: (713) 561-5162
Locations: Houston, Galveston, and nearby areas in Southeast Texas

Move On House Buyers has been in business for a decade and accredited with the Better Business Bureau since 2017. This company is unique because they offer 100% virtual purchases, including offers by phone.

Closing costs: Sellers pay no closing costs; Move On House Buyers covers them.

Reviews: Move On House Buyers has a 5-star customer rating with the BBB, where customers report a swift and professional response to sometimes-complicated selling scenarios. Google reviews speak to fast closings and a staff that is accommodating of various circumstances, including out-of-state sellers.

Why sell for cash in Houston?

There are plenty of reasons a Houston seller may choose to go the Cash-For-Homes route, speed and certainty being chief among them.

In Houston, it typically takes around 77 days to sell a home on the market using an agent. That includes 28 days on the market, plus the typical 49 days a buyer needs to close on a purchase loan.

Compare that to the typical seven days promised by many We Buy Houses for Cash companies in Houston, and you can see why these companies remain popular, even though they don’t always offer top dollar.

Not every seller has months to prep, market, show, and close. Let’s look at some common reasons Houston sellers choose Cash-For-Homes companies over listing the traditional way.

  • The home has major repair issues common in Houston, such as hurricane or tornado damage, a problematic air conditioning system, or a lack of central air altogether.
  • The seller needs to move or cash in quickly due to divorce, job relocation, medical needs, financial stress, etc.
  • The seller doesn’t have the means or desire to make repairs.
  • The seller doesn’t want to bother prepping the home, dealing with showings, negotiating, or navigating a long sales process.
  • The seller prefers the privacy of selling their home off-market to a cash buyer.
  • The seller is in the foreclosure process and wants to sell the home and settle up with the lender before it’s too late.
  • The seller inherited property and wants to unload it as quickly as possible.
  • The seller is a landlord who has problem tenants or no longer wishes to manage a rental property.
  • The homeowner is aging and moving into a care facility, prompting their family to sell the home.
  • The seller is living out of state and prefers the ease of a cash sale.

If any of these sounds like you, requesting a cash offer from a We Buy Houses for Cash company might be a good starting point, though it’s not your only option, and it may not be your best move (we’ll dive into your other options in just a minute!).

Pros and cons of house-buying companies in Houston

By now, you’ve probably figured out that We Buy Houses for Cash companies in Houston are a bit of a mixed bag. You get speed and service, but you “pay” a sizable premium for that service. Let’s walk through a few pros and cons to consider while weighing your options.

Pros

One of the biggest advantages of working with We Buy Houses for Cash companies in Houston  is that you can sell your home as-is with no repairs required, and they’ll buy homes in any condition.

If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.

Here are some other pros to consider:

  • Speed: You can often sell your home in as few as seven days.
  • Certainty: Since the company does a pre-offer walk-through, their offer is firm and comes with few (if any) contingencies. Cash-For-Houses companies are experts at clearing roadblocks and closing deals.
  • No repairs: Again, if your home is in rough shape and you don’t have the funds or the patience to make repairs, you can skip them altogether and save yourself the stress.
  • Less hassle: You don’t have to deal with staging, open houses, fielding offers, negotiating with picky buyers, worrying about the appraisal, or stressing about the buyer’s financing falling through. Overall, reputable We Buy Houses for Cash companies in Houston offer a smooth ride from offer to close.

That all may sound pretty great to you as a seller if you’re looking to move within weeks rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with Cash-For-Homes companies. Namely, they typically offer substantially below market value for your home.

Cons

When considering an offer from a We Buy Houses site, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment.

Here are some potential downsides to weigh:

  • Lower offers: Most companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (or the value that your house could sell for on the market once it’s all fixed up) minus repair costs. So the price you get for your home may be appreciably lower than what you’d get on the market.
  • Inconsistent market knowledge: Not all cash home buying companies are equal. Some are more localized, have specific neighborhood knowledge, and are able to leverage that expertise into more competitive offers. Others are less knowledgeable about the specifics of your community, which could result in lowball bids.
  • Not all companies are trustworthy: Some companies make extremely low offers to desperate homeowners and try to pressure you into making a quick decision. A few bad players may even engage in fraud tactics, though it’s uncommon.
  • They may use pressure tactics: These companies know that homeowners looking to sell quickly are often desperate, and some do take advantage of that by using pressure tactics. You should never feel pressured to accept an offer, especially since there are plenty of We Buy Houses for Cash companies in Houston to choose from. If anyone makes you uncomfortable, it’s time to move on to another option.

Your home is more than a place where you make memories with family, it’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you choose to work with one of these We Buy Houses for Cash companies.

Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.

Vet cash buyers and know your home’s worth

For many home sellers, We Buy Houses for Cash companies can be a solid solution to get a property sold quickly or to access cash for an expected life challenge. On the other hand, the “cash for your home” rehabbing business model has also led to what some housing advocates call predatory tactics.

The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.

If you are considering a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.

Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then compare cash offers to what a top agent might be able to get for your home. HomeLight can connect you with a top-performing agent in your market.

You can also use HomeLight’s free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.

Other options to sell your home quickly

iBuyers

Within the cash-for-homes business you’ll also encounter a particular group of companies known as iBuyers, or instant buyers.

iBuyer companies offer sellers many of the same conveniences of other house-buying operations, but they also leverage algorithmic technology, otherwise known as automated valuation models (or AVMs), to make you a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.

iBuyers have only been around since the mid-2010s, but are now widely available across Texas.

iBuyers offer all-cash and can close in a matter of days to a few weeks. But unlike more traditional We Buy Houses for Cash companies, iBuyers tend to look for homes in better condition and offer much closer to market value, typically in the 90% range — and sometimes more, particularly in a hot real estate market.

Though one thing to note is that major iBuyers like Opendoor, Offerpad, and Redfin usually charge sizable fees for their services, between 5% and 13%.

Sellers who may be a good fit to work with an iBuyer in Houston include those who prefer to skip staging and showing their home, who live in an area with somewhat similar housing, and who have a home in relatively good shape.

Listing with an agent

You want to sell your house quickly, not in 77 days. But hear us out! With many housing markets still being largely seller-friendly, many listings are flying off the market in a matter of days, especially those that are priced strategically.

Going with an agent could pay off big time. Selling on the market generally fetches the highest home price, and that’s especially true if you work with a skilled professional. Our internal transaction data at HomeLight shows that the top 5% of real estate agents sell homes for up to 10% more than average agents.

This is a big financial decision, so it may make sense to consult with a trusted real estate agent who can complete a comparative market analysis (CMA) to help you understand your home’s value and how quickly it’s likely to sell.

Your agent may even be able to connect you with cash buyers who are willing to offer closer to market value for your home.

Plus, a CMA is usually free and you’re under no obligation to list with the agent, so this may be a good tool to explore your options. Even if you end up deciding to work with a Cash-For-Homes company, at least you’ll know you’re making a sound financial decision.

Overwhelmed by finding an agent? HomeLight would be happy to connect you with a top performer in your area today.

FAQs on Houston house-buying companies

Are We Buy Houses for Cash companies legit or scams?

Most We Buy Houses for Cash companies are legit, and you can rest assured that this business model has been around for decades.

However, it’s always a good idea to keep an eye out for scams, or anything that just doesn’t seem right. Always thoroughly research companies ahead of time. Verify all professional licenses, check customer reviews, get a referral if possible, and vet the company on the Better Business Bureau website.

How much will We Buy Houses for Cash companies in Houston pay?

Most Cash-For-Homes companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value, minus repair costs.

Here’s what that simple formula looks like:

(Your home’s ARV x .70) – repair costs

Now let’s take a look at a practical example. Let’s say your Houston Craftsman-style home could sell for $350,000 after repairs, but it’s going to need $80,000 of work to get there.

($350,000 x .70) – $80,000 = $165,000

In this example, a Houston cash-for-homes company will probably offer you around $165,000 for your property.

However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more like 90%-95% of market value while charging a fee for their services.

How much does selling a home to a We Buy Houses for Cash company in Houston cost?

Selling a home to a We Buy Houses for Cash company shouldn’t cost you any money, though you’ll likely get less overall for your home.

Since these companies are geared toward distressed homes, they tend to have zero fees, and will even cover your closing costs. That means the offer you get is the price you should walk away with. Make sure to ask about any hidden program fees that could eat into your bottom line.

How do you sell a house for cash in Houston?

  1. Research and vet house buying companies available in your area. The above list is a great place to start.
  2. Submit offer requests to your top few companies.
  3. Schedule any on-site visits.
  4. Field and compare offers. Choose the best option for you.
  5. Close in a week to 30 days and get paid (or you can often choose a later closing date, up to 90 days after receiving the offer).

We Buy Houses for Cash in Houston vs. top Houston agent

Wondering how a We Buy Houses for Cash company stacks up against working with a real estate agent? We’ve got you covered.

Aspect of the sale Sell to a We Buy Houses for Cash company in Houston Sell with a top Realtor in Houston
Sale timeline 7 to 30 days 77 days average; 28 to attract an offer, 49 to close the loan
Home preparations None Make necessary repairs, deep clean, declutter, landscape, stage home
Showings None 10 to 25 showings average
Inspections / repairs None May need to make repairs for the buyer or renegotiate price
Appraisal None May need to lower the price if appraisal comes in low
Title search Cash-for-homes companies often handle title issues Must clear title before you can sell home
Financing contingency None Mortgaged buyers use a financing contingency that could hold up the deal if the loan doesn’t clear
Agent commission None 5.8% average
Closing costs None 1% to 3% of sale price on top of commission

Example net proceeds

Let’s say your Mission-style home in Houston is currently worth about $350,000 and needs about $15,000 in repairs. Once the repairs are made, the home should be worth around $365,000.

Sell to a We Buy Houses for Cash company in Houston Sell with a top Realtor in Houston
Estimated sale price ($350,000 x .70) – $15,000 = $230,000 $350,000
Market preparations 0 $3,500 (1% of sale price)
Agent commissions 0 $20,300 (5.8% of sale price)
Closing costs 0 $5,250 (1.5%)
Estimated take-home for seller $230,000 $320,950

Obviously, financially it’s usually in your best interest to go with a top agent, but depending on the condition of your home and any repairs needed, selling on the open market could be challenging.

Key takeaways

  • We Buy Houses for Cash companies in Houston can offer you a way to sell your home in as few as seven days with no repairs, showings, or hassles.
  • There are many reputable cash home buying companies across Houston, and most sellers going this route can find a company that suits their needs.
  • You could leave significant money on the table using a Cash-For-Homes company versus going with a top agent or iBuyer.
  • HomeLight’s Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Houston. Because the platform has partner investors with different buying parameters across the region, it can be a great starting point if you aren’t sure who would buy your home.

House buying companies can be a good alternative for Houston sellers in need of a quick exit from homeownership, but they’re not without drawbacks. However you choose to sell your home, it’s important to avoid making a hasty decision.

For best results, take the time to weigh your options, gather offers from multiple companies, and consider consulting with a top agent to see how easily your property could sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs!

Header Image Source: (Adrian N / Unsplash)