The quick answer to that question is no.
We are local cash house buyers in Dallas / Fort Worth TX, and we work with local home owners who need to sell their properties fast. The home owners we’ve worked over the years have come to us with all kinds of reasons for needing to sell fast to cash house buyers in the area.
But one of those reasons is that the house is run down and in disrepair, and they just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent. So if you’re wondering about cash house buyers in Dallas / Fort Worth, here’s a few things to know.
Why Cash House Buyers In Dallas / Fort Worth TX Will Buy A House “As-Is”
Since we at Madison Lea Homes buy houses with cash and don’t have to deal with the complicated process of having to get approval from a bank for a loan, we have the flexibility to buy local TX houses in any condition.
Normally traditional banks won’t finance a house if it’s in rough condition. Banks feel better about giving a loan on a property where everything’s in good working order. They like newer roofs, newer hot water heaters, etc etc. If there’s leaky plumbing issues or structural issues, the banks shy away. And how do they know about these things? They’ll send an appraiser out to the property before they approve a loan. So someone will be walking around taking a look at the condition of the property on their behalf.
The banks see it as a risk and won’t lend on the normal “fixer upper” house.
That leaves a lot of home owners in our area without a good option to sell their house because 95% of the buyer pool has to get a traditional loan to buy a house. So what in the world do you do if your home isn’t in good shape and you’re wanting to sell it?
That’s where we come in.
Here at Madison Lea Homes, we are cash house buyers in Dallas / Fort Worth. Our business model is to help homeowners who need to sell a house fast (especially houses that need work) by buying your house for cash… then we put our construction crews to work to fix up the property, help beautify the neighborhood, and sell it “move-in” ready to a happy new home owner. Once we fix the home up, we might then be able to sell it to someone who needs a loan from the bank. So it’s a win-win-win!
We pay for all of the repairs.
We pay for the closing costs.
We do all of the work, so you don’t have to.
We can close quickly if that works for you!
Our goal is to make the whole process as simple and smooth as possible, so you can move on with your life and put this old house behind you.