We Buy Houses White Plains: Top 6 Companies

Pros and cons of house-buying companies in White Plains

If you are considering selling to a house-buying firm in White Plains, it’s important to weigh both the pros and cons. While selling for cash means you sell quickly, it usually means taking a below-market value offer. Here are some key points to consider.

Pros of selling to a house-buying company in White Plains

• Quick closing: Many house-buying companies can complete your sale within one or two weeks, which is perfect if you need to relocate quickly. For context, selling through a White Plains agent often takes about 76 days (average days to close on a loan plus average days on market (35) in White Plains).
• No need for repairs or prep: These buyers purchase properties as-is, so you don’t have to worry about fixing, updating, staging, or cleaning your home.
• No financing risks: Since transactions are all cash, there’s no chance a deal will fall apart due to loan contingencies or financing issues.
• Minimal hassle: You avoid open houses, showings, and negotiations — you get a straightforward offer and a fast sale.

Cons of selling to a house-buying company in White Plains

• Lower offer price: Selling to a house-buying company typically means accepting an offer below market value, which may result in receiving less money compared to listing with an agent. This is often because most We Buy Houses firms follow the 70% rule — they offer approximately 70% of your home’s estimated after-repair value (ARV), minus anticipated repair costs.
  • Example: If your White Plains home is valued at $994,500 and requires $30,000 in repairs, the offer might be: ($994,500 × 0.70) – $30,000 = $666,150.
  • In this scenario, a cash buyer in White Plains may propose around $666,150 for your property.
• Restricted negotiation: Most house-buying companies present take-it-or-leave-it offers, so there is little opportunity to bargain for a higher price.
• Risk of scams: Not all cash buyers are legitimate—some may be scammers who exploit sellers by offering unfair deals or hidden charges.
• Fewer protections for sellers: Compared to a standard home sale, these agreements often favor the buyer and provide limited contractual safeguards for the seller.

It is important to remember that a top White Plains real estate agent might secure greater value for your home than a cash buyer.

For instance, when taking into account typical selling costs such as closing fees, agent commissions, and preparations for sale, an agent may help you net $939,802.50 or more — substantially more than what a cash offer would likely provide.

Curious What Your Home Is Worth?

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Your situation matters

The most effective strategy depends on the current state of your home, the repairs required, and your overall needs. If speed is your main concern, accepting a cash offer may be the best option. Conversely, if your goal is to achieve the highest possible sale price, listing with a reliable White Plains real estate professional could help you secure a better price.

At HomeLight, we suggest connecting with an experienced local real estate agent first. They can provide an accurate assessment of your home’s market value and assist you in comparing that to any cash offers you receive. If you wish, HomeLight can pair you with a top agent in the White Plains region.

Looking for a quick estimate? Use HomeLight’s Home Value Estimator to get a rough valuation for your property in under two minutes.

Why sell your White Plains house for cash?

Choosing to sell your White Plains home for cash can be practical if you’re pressed for time or dealing with unexpected circumstances. Cash-buying firms offer a quicker and more straightforward process, which is especially helpful if the traditional real estate market seems too complicated or slow.

Here are some typical scenarios where a cash sale might benefit you:

• Facing foreclosure: You’re behind on mortgage payments and need a quick sale to prevent foreclosure.
• Downsizing: You’re moving to a smaller place and want to avoid the hassle of preparing your current White Plains residence.
• Challenging rental property: You want to sell a rental property without the complications of tenant interference.
• Inherited property: You’ve inherited a White Plains home that you don’t intend to keep and want to sell quickly.
• Job relocation: You’re relocating for work and require a fast sale.
• Significant repair issues: Your home has major foundation or structural defects that are hard to fix or explain to buyers.
• Divorce: Selling the house quickly can facilitate property division during a divorce.
• No desire for showings: You’d rather avoid hosting open houses or multiple buyer visits.
• Out-of-state owner: You live elsewhere and want a simple way to sell from out of state.
• Large repair costs: Your White Plains home requires more repairs than you’re currently prepared to handle.

Selling for cash might also be a good solution if you’re assisting a parent or family member with a home sale and want to keep things straightforward and low-stress.

Popular We Buy Houses for Cash companies in White Plains

If selling your home to a house-buying firm in White Plains seems like the right choice, the next step is identifying a trustworthy company.

A quick search online for “We Buy Houses White Plains” will reveal multiple businesses that offer quick closings, cash payments, and an easy process—ideal for sellers who need a rapid sale. Below, we’ve highlighted a selection of reputable buyers that purchase homes for cash, whether it’s your Colonial Revival or your family’s traditional two-story. Working with one of these buyers could allow you to close within just one or two weeks.

Other options to sell your White Plains home quickly

If you’re looking for alternatives to house-buying companies in White Plains, here are some other paths you might consider:

iBuyers
iBuyers, or instant buyers, utilize automated valuation tools to present quick cash offers on homes that are generally well-maintained. The iBuyer process is primarily digital and can be completed within days. Keep in mind that companies such as Opendoor and Offerpad typically charge service fees ranging from 5% to 6%.

Listing with an agent
In a strong market, teaming up with a qualified agent can still lead to a quick sale—often fetching a better price than a cash offer. A skilled agent can provide a comparative market analysis to price your home accurately and may even connect you with cash buyers. Many agents offer pricing assessments and market analyses free of charge. If you want expert help, HomeLight can link you with a top-performing agent in White Plains.

Remember, real estate agents typically help sellers achieve a much closer to full market value than a ‘We Buy Houses’ firm. For example, while a WBH investor might offer $666,150 for a $994,500 home, a seasoned agent could assist you in selling closer to $939,802.50.

That’s nearly a $273,652.50 difference in your favor.

If listing sounds appealing, HomeLight can introduce you to a local expert who will guide you through the optimal selling approach for your White Plains property.

Final thoughts

• Cash buyers provide speed: House-buying firms in White Plains can often close within a few days, making them appealing if you need to sell fast.
• No repairs necessary: Most buyers purchase homes as-is, so you won’t have to invest time or money in improvements.
• Offers are usually lower: While “We Buy Houses White Plains” companies offer convenience and speed, their bids are generally less than what you could get by listing with an agent.
• Beware of scams: Not all buyers in White Plains are legitimate. To avoid fraudulent activity, thoroughly vet each buyer before agreeing to anything.
• Other quick-sale options: iBuyers and experienced agents can help you sell rapidly—often with better financial returns.
• Your circumstances matter: The right choice depends on your timeframe, home condition, and money goals.
• Know your home’s value: Be sure to understand your White Plains property’s market value estimate before accepting any cash offer.

At HomeLight, we’re here to assist you with your next step. Whether you choose to request a no-obligation cash offer through a reputable service like Simple Sale or work with a leading White Plains agent, we’re ready to help you make the decision that suits your needs best.

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 White Plains area “We Buy Houses” companies should not be considered an endorsement.

Header Image Source: (MICHAEL CHIARA/ Unsplash)