6 Top We Buy Houses for Cash Companies in Miramar
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Dwayne Vega, Contributing AuthorCloseDwayne Vega Contributing Author
Dwayne Vega is a freelance writer with a specialization in real estate content. He works closely with B2C and B2B companies providing useful and engaging content that converts viewers into clients. When he isn’t writing for work, you can find him reading and writing for his ongoing MFA in Creative Writing.
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Richard Haddad, Executive EditorCloseRichard Haddad Executive Editor
Richard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
“We Buy Houses Cash” Miramar, Florida, companies make all-cash offers for homes that often need some work. This enables 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.
You might be facing a situation where a loved one passed away, leaving their Miramar Mediterranean-style home, but you’ve built your life in Seattle. Or perhaps you’ve had an unexpected health emergency and need cash fast. Or maybe your employer is relocating you to Austin, Texas. Whatever the reason, you need to sell the house fast for cash.
If you need to sell your Miramar 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 Miramar house-buying company might offer for your home and consider your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving.
Working with house-buying companies in Miramar
We Buy Houses companies in Miramar typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. These house-buying companies have polished their processes to help sellers who need to move ASAP, and tend to target distressed homes in need of repairs.
Here’s how the process of selling your house for cash generally works:
- You request an all-cash offer. The company will ask you to provide information about your house and property. Some We Buy Houses groups will make a preliminary offer shortly after you submit the request. However, the initial offer is typically subject to change after they have inspected your home.
- The company performs a walk-through. This on-site property visit is completed within 24 to 48 hours, but the timeframe may vary depending on the company and market.
- You receive a firm offer. You get your official cash offer within 24 hours of the on-site visit, but the company representative can sometimes present it at the end of the walk-through. At this point, you can accept or decline the offer. The majority of house-buying companies do not negotiate. They usually present a take-it-or-leave-it sale price.
- If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies provide a large deposit or funds to assist the seller with moving costs. Others pay for the property upfront.
- Close the sale and get paid quickly. We Buy Houses companies can close your home sale 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 Miramar
If the process of selling to a house-buying company in Miramar 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 parents’ property, whether that’s a coastal contemporary home or Spanish-style home. By working with one of these companies, you should be able to sell your Miramar home in as little as a week or two.
House Heroes
House Heroes is a Florida-based direct homebuyer offering a quick and straightforward alternative to traditional sales. By selling to the local team, homeowners can skip repairs, agent fees, and lengthy listing processes.
The company provides cash offers within 24 hours and lets sellers decide on their preferred closing date. With a streamlined process, House Heroes aims to make selling a Florida home as simple and stress-free as possible.
Locations: Throughout Florida, including Miramar
Closing costs: Sellers pay no closing costs; House Heroes covers them.
Known for its ethical business practices, House Heroes has been accredited by the Better Business Bureau (BBB) since 2017 and currently maintains an A+ rating. Clients describe the team as dependable and supportive, especially during emotionally challenging home sales.
One seller shared how a team member remained persistent and committed throughout a challenging transaction involving an inherited property. From initial contact to final closing, the team is noted for being professional, approachable, and well-informed, making the entire experience smooth and reassuring.
Website: househeroes.com
Phone: 954-676-1846
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Miramar and across the country can request a cash offer for their home. It connects you to 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 Miramar.
With Simple Sale, you can get an all-cash offer in as little as 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 Miramar, Florida
Closing costs: No prep costs, no agent commissions, and no 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 received BBB accreditation in 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
Freedom Cash Home Buyers
Founded in 2015, Freedom Cash Home Buyers is backed by a team with over 50 years of combined experience in the real estate industry. The company specializes in purchasing homes in any condition, eliminating the need for repairs or upfront costs.
Closings are typically completed within 10 to 20 business days after an agreement is reached. To date, Freedom Cash Home Buyers has acquired more than 600 properties and paid over $65 million to homeowners.
Locations: Throughout Florida, including Miramar
Closing costs: Sellers pay no closing costs; Freedom Cash Home Buyers covers them.
Since 2017, Freedom Cash Home Buyers has been accredited by the BBB, and it now holds an A+ rating. It has 4.9 stars on Google, with customers commending the company’s honesty, service, and attention to detail. They express a sense of relief at the team’s ability to help out in a difficult situation and the speed of the transaction.
Website: freedomcashhomebuyers.com
Phone: 877-579-8577
Homeinc
With more than 70 years of combined industry experience, the team at Homeinc has successfully purchased hundreds of properties across Florida. The company buys a wide variety of real estate, including houses, condos, mobile homes, multifamily units, and vacant land.
It accommodates properties with legal complications, such as liens, violations, or probate issues, as well as those located in gated or age-restricted communities. The house-buying firm operates with efficiency, often completing purchases in as little as five days.
Locations: Through Florida, including Miramar, and the state of Georgia
Closing costs: Sellers pay no closing costs; Homeinc covers them.
Homeinc has been BBB accredited since 2021 and holds an A+ rating. Its Google Business Profile has a high average review score of 4.9 stars, as customers commend the team’s reliable service and expertise in closing the transaction. Reviewers express pleasure in working with the company’s team members and the ease of the process.
Website: homeinc.com
Phone: 888-850-2636
Total Cash Home Buyers
Total Cash Home Buyers is a team of real estate investors that focuses on solving problems that distressed homeowners often face. No matter the property’s condition, they approach every sale with fairness, dignity, and respect.
Within 24 hours, they can present a cash offer and begin the sale process. Sellers choose the closing date, and the team stays involved every step of the way.
Locations: Throughout Florida, including Miramar
Closing costs: Sellers pay no closing costs; Total Cash Home Buyers covers them.
Acknowledged for upholding integrity in its operations, Total Cash Home Buyers has been BBB accredited since 2018 and holds an A+ rating. It earned 4.9 stars on Google, with past clients praising its professional guidance and in-depth real estate knowledge. Some noted how they benefited from the company’s fair offers and attentive communication.
Website: totalcashhomebuyers.com
Phone: 888-346-0469
Florida Cash Home Buyers
Founded in 2011, Florida Cash Home Buyers has successfully completed over 800 real estate transactions across the state. The company purchases properties in all conditions, price ranges, and locations throughout Florida.
Dedicated to simplifying the home-selling experience, the team delivers cash offers within 24 hours and provides advance funds prior to closing. Sellers have the flexibility to select their preferred move-out dates, as the company is committed to facilitating a process tailored to individual client needs and timelines.
Locations: Throughout Florida, including Miramar
Closing costs: Sellers pay no closing costs; Florida Cash Home Buyers covers them.
Noted for its business integrity, Florida Cash Home Buyers has been BBB accredited since 2015 and holds an A+ rating. Its Google Business Profile boasts a 4.9-star rating, and customer testimonials mention the team’s patience, efficiency, and ability to help sellers in tough situations. Reviewers express thanks for the company’s integrity, calmness, and speed during the process.
Website: floridacashomebuyers.com
Phone: 954-519-7040
Why sell your Miramar 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 Miramar, selling a home on the open market using an agent typically takes about 97 days. That includes an average of 56 days on market, from listing to signed contract, plus the typical 41 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 Miramar, 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.
These companies are becoming increasingly popular, particularly among sellers who don’t have the time typically required to prepare, market, and complete a traditional home sale, which can take weeks or even months. Let’s look at some of the most common reasons Miramar sellers decide to use a top We Buy Houses for Cash company over listing a property the traditional way.
- Job relocation: You need to move quickly for a new job and can’t wait for a traditional home sale.
- Divorce settlement: You want to quickly divide assets and move on with your life.
- Unwanted inheritance: You’ve inherited a house and prefer a quick sale to dealing with maintenance or renting.
- Downsizing transition: You’re looking to move into a smaller home or retirement community without the hassle of prepping and showing your current home.
- Repairs needed: Your home is in poor condition and requires significant repairs that you can’t afford or don’t want to manage.
- Open house hassle: You prefer to avoid the stress and inconvenience of multiple showings and open houses.
- Structural damage: Your home has foundation problems, making it less attractive to traditional buyers.
- Foreclosure solution: You’re facing foreclosure and need to sell quickly to settle your debts.
- Problem tenants: You’re a landlord tired of managing tenants and want to sell your rental property quickly.
- Remote home sale: You own a property in Miramar but live elsewhere and want the ease of a fast, out-of-state sale that eliminates the need for traveling back and forth.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a top We Buy Houses for Cash company in Miramar might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Miramar
We Buy Houses for Cash companies offer speed and convenience in the home sale, but it can be challenging to weigh these benefits against the potential premium you’ll pay for a cash-offer service.
In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better consider your options.
Pros of We Buy Houses for Cash in Miramar
One of the biggest advantages of working with We Buy Houses for Cash companies in Miramar 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:
- Speedy transaction: You typically can sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer that comes with few contingencies, or no contingencies at all. We Buy Houses companies have refined their transaction methods in such a way that they can clear roadblocks so sellers can plan with more confidence.
- No repairs: If your home is in need of repairs you can’t afford, you can skip them altogether. Or, if you don’t have the desire or time to tackle repairs, a We Buy Houses company can be a fitting solution to sell a home in poor condition.
- Less hassle: You won’t need to worry about showings, open houses, offer comparisons, negotiating, low appraisals, or the risk of the buyer’s financing falling through. When you work with a reputable We Buy Houses for Cash company in Miramar, you’re likely going to experience a smooth journey 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 of We Buy Houses for Cash in Miramar
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 consider:
- Lower-priced offers: Most companies follow the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), the value that your house could sell for on the market once it’s all fixed up, minus repair costs. This means the cash offer you receive may be markedly lower than what you could get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying company’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables the company to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- Untrustworthy company: As with any industry, there’s a risk of falling in with a less trustworthy company. Some may pose as legitimate cash buyers but are actually involved in house-buying scams.
- Pressure tactics: We Buy Houses for Cash companies know that homeowners in need of a quick sale are often facing a desperate situation. While many offer real solutions, some companies take advantage of this urgency by applying pressure tactics. If you feel pressured to accept an offer, step away and reassess your options. There are a good number of established We Buy Houses for Cash companies in Miramar from which to choose.
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 selling a property quickly or accessing 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 say are 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.
Get a home value estimate
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 our free Home Value Estimator right now to get an initial estimate in less than two minutes.
Other options to sell your home quickly
Working with iBuyers
Within the cash-for-homes industry, you’ll also encounter a particular group of companies known as instant buyers or iBuyers. These businesses offer sellers many of the same conveniences of other house-buying operations, but they also leverage automated valuation models (AVMs), which use algorithmic technology to apply historic and current market data to their estimates.
AVMs allow iBuyers to make a near-instant offer on your home and facilitate a user-friendly, mostly online home sale experience. iBuyers provide all-cash offers for homes and can close a sale in a matter of days to a few weeks.
However, unlike typical We Buy Houses for Cash companies, iBuyers generally seek out homes that are in better condition and usually provide cash offers that are closer to market value, typically in the 90% range.
When considering the iBuyer option, it’s important to note that major iBuyer companies like Opendoor and Offerpad typically charge sizable service fees that can range between 5% and 6% of the home’s sale price.
Sellers who may be a good fit to work with an iBuyer in Miramar include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.
Listing with an agent
It might be surprising to see this agent option included in our story about cash-for-homes businesses. Most homeowners seeking information about house-buying companies want to sell a home quickly, not in 97 days. But it’s wise to consider all your options.
If your home is in a seller-friendly housing market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
Depending on the property and local market conditions, using an agent could pay off. Selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This market report calculates the home’s value based on its size, features, location, age, and other details in relation to similar properties that have recently sold in the area. A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell.
In addition, an experienced agent who knows your market may even be able to connect you with cash buyers who are willing to provide you with an offer closer to your home’s market value.
Many agents prepare a CMA for free, with no obligation to list your home with them. It can be a valuable tool to consider your options. If in the end, you decide to sell to a house-buying company, you can proceed with more confidence, knowing you fully examined your options and made a sound financial decision.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Miramar house-buying companies
Most We Buy Houses for Cash companies 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 legitimate.
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 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), 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 Miramar ranch house could sell for $540,000 after repairs, but it’s going to need $25,000 of work to get there.
($540,000 x .70) – $25,000 = $353,000
In this example, a Miramar We Buy Houses company might offer you about $353,000 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 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.
Choosing to accept an offer from a We Buy Houses for Cash company can be a trade-off. On one hand, there are usually no additional costs, as they handle most of the process after the offer is made. On the other hand, you’ll likely end up with a lower overall sale price 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to ask the company if there are any hidden program fees that might affect your bottom line.
- Research and vet the house-buying companies that serve your 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. Consider 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 Miramar vs. a top Miramar 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 Miramar | Sell with a top Realtor® in Miramar |
Selling timeline | 7 to 30 days | 97 days average; 56 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 put together 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 Mediterranean-style home in Miramar is currently worth about $515,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth about $540,000.
Sell to a We Buy Houses for Cash company in Miramar | Sell with a top Realtor® in Miramar | |
Estimated sale price | ($540,000 x .70) – $25,000 = $353,000 | $515,000 |
Market preparations | 0 | $5,150 (1% of the sale price) |
Agent commissions | 0 | $15,450 (3% of the sale price) |
Closing costs | 0 | $7,725 (1.5% of the sale price) |
Estimated take-home for seller | $353,000 | $486,675 |
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
- Fast sale: We Buy Houses for Cash companies in Miramar can help you sell your home in as few as seven days with no repairs, open houses, or showings.
- Due diligence: There are several reputable cash-for-homes companies serving Miramar, but it’s important to vet each potential partner thoroughly to ensure they align with your selling goals.
- Quick sale alternatives: Using a We Buy Houses company could mean leaving a significant amount of money on the table compared to an agent-assisted or iBuyer sale.
- Legitimate cash buyers: HomeLight’s Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Miramar. 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 Miramar sellers in need of a quick home sale, but it’s important to consider both the benefits and drawbacks. When it comes to selling your home, it’s wise to avoid making any hasty decisions.
Before making a commitment to a cash-for-homes company, gather multiple offers and take the time to weigh your options. Consider consulting with a top agent for expert insights on how soon and for how much your property might sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs.
Editor’s note: This post is for educational purposes only. Links to and mentions of Miramar 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: (felixtm / Deposit photos)