We Buy Houses Shreveport: Top 5 Companies

Selling your home in Louisiana can feel overwhelming or nearly impossible, especially if your property needs repairs and you lack the time, expertise, or money to address them. That’s where “We Buy Houses” Shreveport companies can step in. These companies will pay cash for properties in almost any condition, usually providing an offer in a matter of days.

If you’re facing financial hardship, dealing with a sudden move, or managing an inherited property, selling to a cash-for-homes company could be the right choice for you. This post will guide you through the process, outlining the pros and cons of working with house-buying companies in Shreveport while also providing you with some alternatives.

Sell Your House Fast in Shreveport With a Cash Offer

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Working with house-buying companies in Shreveport

Working with house-buying companies in Shreveport offers property owners a fast way to sell compared to working with a real estate agent. Here’s an overview of the process of selling your house for cash:

  1. Submit property information to a reliable cash-for-homes firm: Call or visit a trusted house-buying company in Shreveport. Provide details about your home, including its location, size, and condition. The company will use this information to assess your home’s value.
  2. Set up an evaluation: Schedule a time for the company to visit your property and perform a thorough evaluation.
  3. Get a cash offer: After the evaluation, the company will typically present you with a cash offer within 24 to 48 hours.
  4. Agree to terms: If you accept the offer, you’ll sign a purchase agreement to proceed with the sale.
  5. Finalize the sale: Complete the transaction at a local title company, where you’ll receive your payment and transfer ownership, often within a week.

Popular We Buy Houses for Cash companies in Shreveport

If the process of selling to a house-buying company in Shreveport 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 Southern colonial or a Craftsman. By partnering with one of these companies, you should be able to sell your Shreveport home in as little as a week or two.

Cedar Cash Home Buyers

Cedar Cash Home Buyers is a trusted, veteran-owned company serving homeowners who need a fast and dependable way to sell their properties. They’re committed to offering fair cash deals for homes in any condition, without the hassle of traditional sales.

The team understands that every situation is different, which is why they provide custom solutions for each client. While they can close in as little as seven days, they’re just as willing to wait if sellers need more time.

Locations: Throughout Louisiana, including Shreveport

Closing costs: Sellers pay no closing costs; Cedar Cash Home Buyers covers them.

Simple Sale (a HomeLight platform)

Simple Sale, a solution from HomeLight, is an online platform where sellers in Shreveport (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 Shreveport.

With the platform, 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 Shreveport

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

Home Buyer Louisiana

Home Buyer Louisiana is a New Orleans-based real estate company that purchases residential properties under a wide range of challenging conditions. With extensive experience in handling complex cases, including structural damage, pest infestations, title complications, and inherited properties, the company brings financial resources and a strong local network to every transaction.

Known for delivering cash offers within 48 hours, Home Buyer Louisiana aims to simplify the selling process for homeowners seeking a swift and dependable solution.

Locations: Throughout Louisiana, including Shreveport

Closing costs: Sellers pay no closing costs; Home Buyer Louisiana covers them.

Bigger Equity

BiggerEquity is committed to making home sales as seamless as possible for property owners facing challenging circumstances. Whether driven by personal, financial, or situational reasons, the company aims to ease the burden by offering a direct cash purchase.

With no need to wait for uncertain buyer interest, they handle the process efficiently from start to finish. The company says it can make a cash offer in as little as seven minutes and close as quickly as seven days.

Locations: Throughout Louisiana, including Shreveport (serves all 50 U.S. states)

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

We Buy Houses, Shreveport

Founded in 1997, WeBuyHouses.com operates across 200 markets in 30 states, buying properties in any condition. According to its official website, the company has earned the trust of over one million homeowners.

It is equipped to present cash offers even in challenging situations, such as mortgage delinquency or pending foreclosure, providing tailored solutions to meet a wide range of homeowner needs.

Locations: Nationwide, including Shreveport

Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.

Why sell your Shreveport 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 Shreveport, selling a home on the open market using an agent typically takes around 98 days. That includes an average of 58 days on the market, from listing to signed contract, plus the typical 40 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 Shreveport, 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.

Here are some common scenarios where working with a house-buying company might be the right move for you and your family:

  • Job relocation: You need to move for a new job and want to sell your house quickly.
  • Divorce settlement: A swift sale is necessary to divide assets and move forward with your life after a divorce.
  • Unwanted inheritance: You’ve inherited a house and want to sell it quickly to avoid ongoing maintenance and tax costs.
  • Downsizing: You’re looking to move into a smaller home or a retirement community and want to sell your current house fast.
  • Major repairs: Your home is in poor condition and requires significant repairs that you can’t afford or don’t want to undertake.
  • Open house stress: You prefer not to deal with the stress and inconvenience of staging and hosting open houses.
  • Foundation issues: Your house has foundation problems, and you want to sell without making costly repairs.
  • Foreclosure solution: You need to sell your home quickly to avoid foreclosure and protect your credit.
  • Problem tenants: You own a rental property with difficult tenants and want to sell without evicting them.
  • Remote home sale: You live out of state and need a quick, convenient sale without traveling back and forth.

Pros and cons of house-buying companies in Shreveport

When considering selling your home to a house-buying company in Shreveport, it’s essential to weigh the pros and cons. House-buying companies offer the ability to sell your home quickly, without the need to make expensive repairs. Here are the primary upsides:

Pros

However, there are significant drawbacks to consider. The most notable is that you will likely receive below market value for your home compared to selling with a real estate agent. Here are some key drawbacks to consider:

Cons

  • Lower offers: Expect offers to be significantly lower than what you might receive on the open market.
  • Scam risks: There is a risk of encountering house-buying scams or unscrupulous buyers, so it’s crucial to vet companies carefully.
  • No competitive bidding: Without listing on the market, you miss out on the possibility of multiple offers driving up the sale price.
  • Limited negotiation: These companies typically present take-it-or-leave-it offers, leaving little room for negotiation.

Curious What Your Home Is Worth?

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.

Vet cash buyers and know your home’s worth

Most “We Buy Houses” companies are legitimate, but outliers exist. It’s important to have a good handle on what to look for to avoid any possible scams. Here are some quick tips to ensure you work with a reputable buyer:

  • Check reviews: Look for online reviews and ratings to see what past clients have to say about their experiences. Read customer testimonials on the company’s website and third-party platforms to get a sense of its service quality and reliability.
  • Research the company: Investigate the company’s market presence and performance to ensure they have a solid reputation.
  • Review the agreement: Carefully read the buying agreement before signing to understand all terms and conditions.

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 your market. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.

Other options to sell your Shreveport home quickly

Working with iBuyers

Instant buyers, or iBuyers, leverage automated valuation models (AVMs) to provide near-instant home value estimates. This mostly online process offers all-cash deals closer to market value for homes in good condition.

The process is fast, typically taking a few days to two weeks. However, iBuyer companies like Opendoor and Offerpad charge service fees of 5% to 6% of the home’s sale price.

Listing with an agent

While most homeowners looking at house-buying companies want a fast sale, listing with a top real estate agent can also result in a quick sale in a seller-friendly market. An agent can provide a comparative market analysis (CMA) to determine an appropriate listing price.

A CMA evaluates your home’s size, features, location, and age compared to similar properties recently sold in your area, often for free. Using an agent could yield a higher selling price, and an experienced professional might connect you with cash buyers offering close to market value. If you’re interested, HomeLight can connect you with a top-performing real estate agent today.

FAQs on Shreveport house-buying companies

We Buy Houses for Cash in Shreveport vs. top Shreveport 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 Shreveport Sell with a top Realtor in Shreveport
Selling timeline 7 to 30 days 98 days average; 58 to attract an offer, 40 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 Shreveport is worth about $170,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $195,000.

Sell to a We Buy Houses for Cash company in Shreveport Sell with a top Realtor in Shreveport
Estimated sale price ($195,000 x .70) – $25,000 = $111,500 $170,000
Market preparations 0 $1,700 (1% of the sale price)
Agent commissions 0 $5,100 (3% of the sale price)
Closing costs 0 $2,550 (1.5% of the sale price)
Estimated take-home for seller $111,500 $160,650

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

  • Quick sale: House-buying companies can close deals fast, often within a week, providing a quick solution for urgent situations.
  • As-is convenience: These companies purchase homes in any condition, so you don’t need to worry about making repairs or improvements.
  • No contingencies: Cash-for-homes companies typically buy without contingencies, reducing the risk of the deal falling through.
  • Convenient transaction: The process is straightforward and hassle-free, saving you time and effort.
  • Lower offers: Expect to receive offers below market value compared to selling with a real estate agent.
  • Due diligence: It’s crucial to vet companies carefully to avoid potential scams.
  • Limited negotiation: These companies usually present take-it-or-leave-it offers with little room for negotiation.
  • Missed competitive bidding: If you don’t list on the market, you might miss out on multiple offers that could drive up the sale price.
  • Home value: Always know the property’s estimated market value before you proceed with a cash-offer company.

At HomeLight, we’re happy to help you navigate 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-performing agent.

Editor’s note: This post is for educational purposes only. Links to and mentions of Shreveport 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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