We Buy Houses Lake Charles: 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.
When you need to sell your Lake Charles home without delay, a We Buy Houses company can be a good option. These are investment firms that purchase properties for cash, typically within a matter of days, regardless of the condition. This can be beneficial for sellers dealing with a foreclosure or those hoping to divide assets quickly after a divorce.
This article will outline the pros and cons of selling to a cash buyer in Lake Charles. You’ll also find a directory of local cash buyers along with other quick-selling methods, and learn how the selling-for-cash process works to better help determine the best fit for your needs.
Working with house-buying companies in Lake Charles
The cash home-selling process is simple: Contact a We Buy Houses company and share details about your Lake Charles property. They will evaluate your home and provide a no-obligation, cash offer. Should you accept, you’ll sign a purchase contract and could close the sale in as little as one to two weeks, with minimal effort on your part.
Pros and cons of house-buying companies in Lake Charles
Pros of selling to a house-buying company in Lake Charles
- Quick closing: A majority of house-buying companies can complete your sale within one or two weeks, which is ideal if you need to move fast. For comparison, selling through a Lake Charles real estate agent often takes approximately 118 days (the combined average of loan closing time plus the average days on market (77) in Lake Charles).
- No preparations necessary: You don’t have to worry about repairs, staging, upgrades, or cleaning. Buyers purchase properties as-is.
- No financing delays: Since these transactions are cash deals, there’s no risk that the sale will fall through because of contingencies or loan approvals.
- Effortless process: No home showings, open houses, or prolonged negotiations — just a straightforward offer and an easy and fast closing.
Cons of selling to a house-buying company in Lake Charles
- Reduced sale price: Offers from house-buying companies tend to be under market value, meaning you may receive less money than if you sold through an agent. Most We Buy Houses companies apply the 70% rule, offering about 70% of your property’s after-repair value (ARV), minus anticipated repair expenses.
- Example: If your Lake Charles home is valued at $235,000 but requires $30,000 in repairs, the offer calculation might be: ($235,000 × 0.70) – $30,000 = $134,500.
In this scenario, a local cash buyer could propose approximately $134,500 for your property.
- Example: If your Lake Charles home is valued at $235,000 but requires $30,000 in repairs, the offer calculation might be: ($235,000 × 0.70) – $30,000 = $134,500.
- Limited room for negotiation: These companies usually provide take-it-or-leave-it offers, leaving you little opportunity to bargain for a higher price.
- Risk of fraud: Not every cash buyer is trustworthy—some may be scammers targeting sellers in urgent need with unfair contracts or hidden fees.
- Fewer protections for sellers: Unlike a traditional sale, these deals often favor the buyer and come with fewer contractual safeguards for the seller.
Remember, a skilled Lake Charles real estate agent might be able to secure a higher price than a cash offer.
For instance, after deducting typical costs such as closing fees, agent commissions, and preparation expenses, an agent could help you net $222,075 or more — considerably more than what a cash buyer might offer.
Your situation matters
It’s important to keep the specifics of your situation in mind. At HomeLight, we suggest starting by consulting with an experienced local real estate agent. They can provide a realistic market value estimate for your property and help you assess any cash offers you may receive. If you want assistance, HomeLight can connect you with a top-rated agent serving the Lake Charles community.
Looking for a quick estimate? Use HomeLight’s Home Value Estimator to get an approximate value for your house in under two minutes.
Popular We Buy Houses for Cash companies in Lake Charles
If selling to a home-buying company in Lake Charles sounds appealing, the next step is locating a trustworthy and reliable business.
A quick online search for “We Buy Houses Lake Charles” will reveal several firms offering fast closings, cash payments, and a hassle-free experience for sellers needing to move quickly. Here are a few well-known buyers who purchase homes for cash — whether it’s your charming Colonial Revival or a beloved family home. Working with one of these buyers can help you close in as little as one or two weeks.
New Again Houses
New Again Houses was founded in 2008. New Again Houses has also developed proprietary software to assist its national network of franchise owners in confidently flipping houses in their local markets.
Locations: Several areas nationwide, including Lake Charles, LA.
Closing costs: Sellers pay no closing costs; New Again Houses covers them.
New Again Houses has been BBB-accredited since 2011 and has an A+ rating. On Google, they have an average rating of 4.6 based on more than 90 reviews.
Website: newagainhouses.com
Phone number: 337-399-0775
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Lake Charles (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 neighborhoods throughout Lake Charles.
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 Lake Charles
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
Cedar Cash Home Buyers
Cedar Cash Home Buyers, led by veteran and licensed contractor Brian Smith, buys homes for cash across Louisiana, including Covington. It offers as-is purchases with no fees, repairs, or closing costs.
Locations: Several areas in Louisiana, including Lake Charles
Closing costs: Sellers pay no closing costs; Cedar Cash Home Buyers covers them.
Cedar Cash Home Buyers holds a 4.9 Google rating based on over 100 reviews, and is also BBB accredited with an A+ rating.
Website: cedarcashhomebuyers.com
Phone number: 337-420-0375
Bayou Property Partners
Bayou Property Partners is a locally owned company in Lake Charles that has been helping Louisiana homeowners since 2017. The team specializes in purchasing off-market properties for cash and offering creative solutions for situations such as foreclosure, unwanted tenants, probate, and other challenging circumstances.
Locations: Lake Charles and surrounding areas
Closing costs: Sellers pay no closing costs; Bayou Property Partners covers them.
Bayou Property Partners holds an excellent 4.9 rating on Google and an A+ rating from the BBB though the company is not accredited.
Website: selltobpp.com
Phone number: 337-246-5935
BiggerEquity
BiggerEquity is a nationwide house-buying company that began operations in 2016. The company states that it can make a cash offer in as little as seven minutes and close the transaction as quickly as seven days.
Locations: BiggerEquity buys houses throughout Louisiana, including Lafayette. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
BiggerEquity has been BBB-accredited since 2018 and holds an A+ rating under Red Sunshine Estates, LLC. They also have 4.8 stars on Google.
Website: biggerequity.com
Phone number: 866-333-8377
Other options to sell your Lake Charles home quickly
If you’re considering alternatives to home-buying companies in Lake Charles, here are some routes to explore:
iBuyers
iBuyers (instant buyers) use automated valuation technology to provide quick cash offers for properties that are generally well-maintained. The iBuyer process is mostly handled online and can be completed in just a few days. Keep in mind that platforms like Opendoor and Offerpad often charge fees ranging from 5% to 6%.
Listing with an agent
In a competitive market, collaborating with an experienced agent can still result in a fast sale—often commanding a higher price than a cash deal. A skilled agent can provide a comparative market analysis to price your home appropriately and may even connect you with cash buyers. Many agents provide pricing consultations and market analyses at no charge. If you want expert assistance, HomeLight can connect you with a top-rated Lake Charles agent.
Remember, real estate agents typically help homeowners achieve a much closer approximation to the true market value than a ‘We Buy Houses’ business. For instance, while a WBH investor might offer $134,500 on a $235,000 home, an experienced agent could help you secure upwards of $222,075.
That’s a potential difference of nearly $87,575 for you.
If you’re thinking about listing, HomeLight can link you with a top local agent ready to guide you through the best approach for selling your Lake Charles property.
Final thoughts
- Cash buyers deliver speed: House-buying companies in Lake Charles often close within days, making them ideal if you need a quick sale.
- Repairs aren’t necessary: These companies usually purchase properties as-is, so you don’t have to invest time or money in fixes or renovations.
- Expect lower offers: Although “We Buy Houses Lake Charles” companies provide a fast alternative, their offers tend to be less than what you might get from listing with an agent.
- Be cautious of scams: Not all buyers in Lake Charles are authentic. To avoid fraudulent schemes, thoroughly vet every buyer before signing contracts.
- Other options exist: iBuyers and seasoned agents can also facilitate quick sales, often yielding better financial results.
- Know your home’s value: Make sure you understand your Lake Charles home’s estimated market price before proceeding with a cash offer.
At HomeLight, we’re dedicated to supporting your next move. Whether you opt to request a no-obligation cash proposal through a trusted service like Simple Sale or engage a top-performing Lake Charles agent, we’re here to help you choose the best path.
Editor’s note: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Lake Charles area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (iriana88w/ Depositphotos)