We Buy Houses Spring: 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 a homeowner in Texas who needs to sell your home in a matter of days, you might want to consider working with a “We Buy Houses” Spring company. These companies specialize in making fast cash offers on homes in almost any condition.
Whether you’re downsizing your property due to retirement, forced to relocate unexpectedly because of a new job, or stuck with a burdensome inheritance, these companies can be a great alternative to the traditional real estate market.
In this post, we’ll explore the pros and cons of working with house-buying companies in Spring. Additionally, we will break down how the process works, provide you with some other possible options, and explain what to look for to avoid potential scams.
Working with house-buying companies in Spring
Partnering with house-buying companies in Spring, Texas, offers a fast and easy way to sell your home. Here’s a step-by-step look at how the process of selling a house for cash works:
- Contact the company: Call a reputable house-buying company to express your interest in selling your home.
- Provide property details: Share information about your home, such as its condition, location, and any necessary repairs.
- Schedule a home visit: The company will arrange a visit to inspect your property and assess its value.
- Receive a cash offer: After the evaluation, you will receive an all-cash offer for your home, typically within 24 to 48 hours.
- Accept the offer: If you agree to the terms, you can accept the offer and proceed with the sale.
- Close the sale: Complete the paperwork and close the sale, often within a week, allowing you to receive your funds quickly and move on with your plans.
Popular We Buy Houses for Cash companies in Spring
If the process of selling to a house-buying company in Spring 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 house or a townhome. By working with one of these companies, you should be able to sell your Spring home in as little as a week or two.
PPS Homebuyers
Founded in 2017, PPS Homebuyers is committed to making the selling process faster, simpler, and more empowering for homeowners. By offering guided support and fair cash offers, they help clients navigate challenging circumstances such as foreclosure, inheritance, relocation, or property damage.
With closings in as few as three days, they provide a dependable and efficient path to a fresh start.
Locations: Houston metropolitan area and suburbs, including Spring, Katy, The Woodlands, and Cypress
Closing costs: Sellers pay no closing costs; PPS Homebuyers covers them.
Recognized for its integrity, PPS Homebuyers has been accredited by the Better Business Bureau (BBB) since 2020 and holds an A+ rating. It currently has 4.9 stars on Google, with past clients commending the company’s professionalism.
Clients say PPS Homebuyers stands out for their transparency and efficiency. Many are impressed by how quickly a fair offer is reached, especially compared to other investors, and note that the closing process is smooth and timely. In several cases, contracts closed in under three weeks, making the experience both convenient and stress-free for sellers.
Website: ppshousebuyers.com
Phone: 281-306-5055
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Spring (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 Spring.
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 Spring, 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 received BBB accreditation in 2019 and now proudly maintains an impressive A+ rating. The company has a high score of 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
Greater Houston Houses LLC
Since 2005, Greater Houston Houses has assisted more than 500 homeowners in successfully selling their properties. Known for fair treatment and respectful service, they provide reasonable cash offers tailored to each seller’s unique situation.
With offers delivered within 24 hours and flexible closing dates, they aim to make moving forward as smooth and stress-free as possible.
Locations: Houston proper and surrounding suburbs like Spring
Closing costs: Sellers pay no closing costs; Greater Houston Houses covers them.
Greater Houston Houses has been BBB accredited since 2016 and currently holds an A+ rating. The reviews highlight a swift selling experience and positive interactions with company staff.
Customers also consistently shared that they were advised of multiple solutions to issues that came up during the selling process, empowering them to make the right decision. The company holds a perfect 5-star rating on Google.
Website: greaterhoustonhouse.com
Phone: 832-510-6471
Move On House Buyers
Move On House Buyers is a Houston-based real estate solutions company committed to assisting homeowners in challenging situations. As a family-owned business, it prioritizes personalized service and practical solutions for those facing foreclosure, having a hard time selling, or needing a quick sale for urgent life matters.
The company follows a streamlined approach, presenting cash offers within 24 hours and giving sellers the flexibility to choose a closing date that works best for them.
Locations: Houston, Galveston, and nearby areas in Southeast Texas, including Spring
Closing costs: Sellers pay no closing costs; Move On House Buyers covers them.
Accredited by the BBB since 2017, Move On House Buyers currently holds an A+ rating. Customers report a fast and professional response to sometimes complicated selling scenarios.
Meanwhile, on Google, it earned 4.8 stars with clients commending how fast they received an offer and closed the deal. Some praised the staff for accommodating various circumstances, including out-of-state sellers.
Website: moveonhousebuyers.com
Phone: 713-561-5162
HomeGo
HomeGo purchases a property every 20 minutes, reflecting its efficiency and scale in the real estate market. The company provides firm, no-obligation cash offers during the initial meeting, with no hidden fees or last-minute changes. Closings can occur in as little as seven days, offering a fast and dependable solution for sellers seeking certainty and speed.
Locations: Throughout Texas, including Spring, and 19 other U.S. states
Closing costs: Sellers pay no closing costs; HomeGo covers them.
Adhering to ethical business practices, HomeGo’s Houston office has been BBB accredited since 2019 and currently holds an A+ rating. Its Google Business Profile has a high 4.6-star rating. Reviewers mention positive interactions with staff and a personalized seller experience. Some shared that the team is highly responsive, which gave them more confidence throughout the selling process.
Website: homego.com
Phone: 866-609-5331
Why sell your Spring 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 Spring, selling a home on the open market using an agent typically takes around 74 days. That includes an average of 34 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 Spring, 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 typical situations where selling your property for cash might be a good decision:
- Job relocation: You need to move quickly for a new job and can’t afford to wait for a traditional sale.
- Divorce settlement: A swift sale can simplify the division of assets and reduce stress during a divorce.
- Unwanted inheritance: You’ve inherited a house and want to sell it quickly to avoid ongoing maintenance and tax costs.
- Downsizing transition: You’re looking to downsize and want to sell your current home quickly to move into a smaller space.
- Major repairs needed: Your home is in poor condition and requires extensive repairs that you can’t afford or don’t want to manage.
- Open house stress: You prefer to skip the hassle of preparing for and hosting multiple open houses.
- Foundation issues: Your home has foundation problems that make it difficult to sell through traditional methods.
- Foreclosure solution: A quick sale can help you avoid foreclosure and settle your debts.
- Problem tenants: You have a rental property with tenants who are difficult to manage, so you want to sell it without dealing with evictions.
- Remote home sale: You live out of state and want the convenience of a quick, cash sale without the need to travel.
Pros and cons of house-buying companies in Spring
Working with a house-buying company in Spring has its ups and downs.
A major advantage of using a house-buying company in Spring is the speed of the transaction. They will buy your house in any condition, saving you from the cost of making repairs or preparations.
Pros:
- Speedy process: These companies can close quickly, often within a week, providing fast cash.
- As-is sale: House-buying firms let homeowners sell their house as-is, saving you the hassle and expense of repairs.
- No showings: You won’t need to prepare for or hold open houses, making the process less stressful.
- Certainty of sale: Cash offers eliminate the risk of deals falling through due to financing contingencies.
The biggest downside is that a house-buying company in Spring will likely offer you less than market value for your home compared to selling with an experienced real estate agent.
Cons:
- Lower offers: Expect to receive offers that are below market value, reflecting the convenience provided.
- Scam risks: Be cautious of house-buying scams and disreputable buyers in the market.
- Lack of competition: With no competitive bidding, you may not get the best possible price for your home.
- Limited negotiations: These offers are often take-it-or-leave-it, leaving little room for negotiating terms.
Understanding these pros and cons can guide you in deciding if selling to a house-buying company is right for you. Next, we’ll discuss how to vet cash buyers and know your home’s worth.
Vet cash buyers and know your home’s worth
Most We Buy Houses companies are legitimate, but unfortunately, there are some shady buyers out there. Here’s a quick checklist of steps you can take to ensure that you don’t get ripped off:
- Check reviews: Look up online reviews to see what previous sellers have said about their experiences. Read testimonials on the company’s website and other platforms to gauge its reputation.
- Research market presence: Investigate the company’s history, performance, and presence in the Spring market.
- Verify credentials: Ensure the company is legitimate by checking for licenses and certifications.
- Understand your home’s value: Get a professional appraisal or consult a real estate agent to know your home’s true market value.
- Read the agreement: Carefully review the buying agreement to understand all terms and conditions before signing.
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 Spring home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models (AVMs) to provide near-instant home value estimates, usually closer to market value, for homes in good condition. They offer a mostly online, user-friendly home sale experience,
The process from offer to closing is quick, ranging from a few days to two weeks. Major iBuyer companies like Opendoor and Offerpad typically charge service fees of 5% to 6% of the home’s sale price.
Listing with an agent
Listing your home with a top real estate agent can also lead to a fast sale, especially in a seller-friendly market. Moreover, it can yield the highest selling price.
Agents provide a comparative market analysis (CMA), which helps determine an appropriate listing price and estimates how quickly it might sell. Many agents offer a CMA, often for free.
Additionally, an experienced agent might connect you with cash buyers willing to offer closer to market value. If you decide to sell with an agent, HomeLight can connect you with a top-performing real estate agent in your area.
FAQs on Spring house-buying companies
By and large, most We Buy Houses for Cash companies in Spring 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 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 Spring 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 Spring townhome could sell for $340,000 after repairs, but it will need $25,000 of work to get there.
($340,000 x .70) – $25,000 = $213,000
In this example, a Spring We Buy Houses company might offer you around $213,000 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.
When you accept an offer from a Spring We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, 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 Spring 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. 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 Spring vs. top Spring 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 Spring | Sell with a top Realtor in Spring |
Selling timeline | 7 to 30 days | 74 days average; 34 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 Spring is worth about $315,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $340,000.
Sell to a We Buy Houses for Cash company in Spring | Sell with a top Realtor in Spring | |
Estimated sale price | ($340,000 x .70) – $25,000 = $213,000 | $315,000 |
Market preparations | 0 | $3,150 (1% of the sale price) |
Agent commissions | 0 | $9,450 (3% of the sale price) |
Closing costs | 0 | $4,725 (1.5% of the sale price) |
Estimated take-home for seller | $213,000 | $297,675 |
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
- Speedy sale: House-buying companies in Spring can close quickly, often within a week.
- No showings or repairs: You can sell your home as-is without making any repairs. Moreover, you skip the hassle of preparing for and hosting multiple open houses.
- Guaranteed deal: Cash offers reduce the risk of deals falling through due to financing contingencies.
- Lower offers: Expect offers below market value compared to selling with an agent.
- Due diligence: Vet companies by checking reviews, testimonials, and market presence.
- Selling alternatives: Weigh the pros and cons of house-buying companies versus listing with an agent or working with an iBuyer.
- Home value: Know your 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 Spring, Texas 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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