We Buy Houses companies in Lawton make all-cash offers for homes that often need extensive repairs, enabling sellers who lack the time, expertise, and money to fix these properties the ability to move quickly when selling their homes.
Perhaps you need a fast home sale to start a new job. Or maybe you’re facing a possible foreclosure or need to cash out of an inherited Lawton property to settle an estate.
If you need to sell your Lawton 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 Lawton house-buying company might offer for your home and weigh your options. Once you’re familiar with the process, you can select a company on our list of some of the top contenders and get moving.
Sell Your House Fast in Lawton With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Lawton.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Lawton area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Lawton
Selling to a house-buying company in Lawton can be a good solution if you need a fast, straightforward transaction. Here’s an overview of what to expect in the process:
- Submit your property information: Share your property’s details with the company to initiate the process. They’ll typically request basic info about your home’s size, condition, and location.
- Receive a preliminary offer: The company will assess the potential offer amount based on your property details. This initial offer is usually a ballpark figure pending further inspection.
- Schedule a home assessment: A representative will visit your home to confirm its condition. This step helps the company finalize its offer by inspecting for necessary repairs.
- Review the final offer: The company will present a firm offer after the assessment. This is generally a take-it-or-leave-it offer with limited room for negotiation.
- Sign the agreement: If you accept the offer, you’ll sign a sale agreement. Be sure to read it carefully to understand all terms and conditions.
- Close and get paid: Once the paperwork is complete, you’ll close the sale. The company handles most of the closing details, allowing you to receive the cash proceeds promptly.
Popular We Buy Houses for Cash companies in Lawton
If the process of selling to a house-buying company in Lawton 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’ Classical Revival or Tudor. By selling to one of these companies, you should be able to sell your Lawton home in as little as a week or two.
OKC Property Buyers, Lawton
OKC Property Buyers specializes in purchasing homes in and around Oklahoma City as-is, meaning no repairs, fees, or Realtor commissions are needed. Their streamlined process allows homeowners to sell quickly and often receive cash in hand within 14 days.
Locations: Serves Oklahoma, including Lawton
Closing costs: Sellers pay no closing costs; OKC Property Buyers covers them.
OKC Property Buyers has been BBB accredited since 2020 with an A+ rating and holds a 4.9-star rating on Google.
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Lawton (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network 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 Lawton.
With Simple Sale, 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 Lawton
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
We Buy Houses, Lawton
WeBuyHouses.com was founded in 1997 and buys houses in 200 markets and 30 states in any condition. According to their website, they have been trusted by 1 million homeowners and can present a cash offer even if the homeowner is behind on their mortgage or facing foreclosure.
Locations: Nationwide, including Lawton
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them
WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating.
Website: webuyhouses.com/OK/Lawton
Phone number: 877-932-8946
Revive Real Estate, LLC
Revive Real Estate, LLC, owned by Wes Brown, buys houses in Oklahoma County and surrounding areas. It purchases homes as-is, offering a quick, cash-based solution to help homeowners sell their properties without the hassle.
Locations: Oklahoma County and surrounding areas, including Lawton
Closing costs: Sellers pay no closing costs; Revive Real Estate, LLC covers them.
Revive Real Estate, LLC has been BBB accredited since 2023 with an A+ rating and 5/5 stars. The company also holds a 5.0-star rating on Google with 28 reviews.
Why sell your Lawton house for cash?
Why work with a We Buy Houses company in Lawton? If you need to sell your home in a matter of days, selling for cash is preferable to the traditional market, which can take weeks, and sometimes, months.
In Lawton, it typically takes around 125 days to sell a home on the market using an agent. That includes an average of 81 days on the market plus the typical 44 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 Lawton, 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.
Selling your home for cash can be an ideal solution for Lawton homeowners facing unique situations. Here are some scenarios where choosing a house-buying company might be a fitting option:
- Job relocation: If you need to move quickly for a new job, a cash sale can help you transition smoothly without delay.
- Divorce: Selling for cash allows you to divide property swiftly, easing the process during a challenging time.
- Inherited property: If you’ve inherited a home you don’t want to keep, a cash sale offers an easy way to avoid maintenance costs and upkeep.
- Downsizing: Transitioning to a smaller home? A cash buyer can streamline the sale, allowing you to move on quickly.
- Repairs: If your home needs major repairs, a cash sale lets you avoid costly upgrades since the buyer takes it “as-is.”
- Open houses: Prefer to avoid open houses and showings? A cash sale skips the need for public viewings altogether.
- Foundation issues: Structural problems can deter traditional buyers, but cash buyers are often more willing to take on homes with foundation issues.
- Foreclosure: A cash sale can help you avoid foreclosure by offering a quick way to settle financial obligations.
- Tenants: If you’re a landlord looking to sell with tenants in place, cash buyers are often open to purchasing rental properties as-is.
- Selling from out of state: A cash sale can help you avoid the logistics of selling from afar, allowing for a hassle-free transaction.
Pros and cons of house-buying companies in Lawton
Knowing the benefits and limitations of selling to a house-buying company is essential. Here’s a quick breakdown:
Pros of selling to a house-buying company
Selling to a cash buyer can be appealing for homeowners looking to close quickly and avoid repairs.
- Quick closing: Cash buyers often close within days, ideal for homeowners needing immediate proceeds.
- No repairs needed: Sell your home “as-is,” saving on repairs or upgrades.
- Minimal paperwork: Most companies handle all paperwork, simplifying the transaction.
- No contingencies: Cash sales avoid typical contingencies, so there’s less risk of delays.
Cons of selling to a house-buying company
On the other hand, cash offers from these companies are typically below market value, making it important to consider alternatives.
- Below market value: Offers may be lower than what you’d get on the open market.
- Limited negotiation: Offers are often non-negotiable, leaving little flexibility.
- Risk of scams: Some buyers aren’t reputable, so it’s vital to vet companies.
- Limited transparency: Offers may lack a breakdown of costs, leaving you uncertain of the offer’s basis.
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
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to 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.
HomeLight suggests you 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 use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Lawton home quickly
Exploring different sale options can help you make the best choice for your Lawton property:
- iBuyers: iBuyers use automated valuation models to make quick offers, often providing prices closer to market value. Companies like Opendoor and Offerpad offer a mostly online experience but may charge service fees of 5%-6%.
- Listing with an agent: A comparative market analysis (CMA) from an agent can guide your pricing, helping your home sell fast on the market. Many agents provide a CMA often for free. Listing with an agent can attract traditional buyers willing to pay closer to market value.
FAQs on Lawton house-buying companies
By and large, most We Buy Houses for Cash companies in Lawton 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Lawton We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value 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 Lawton Tudor could sell for $160,000 after repairs, but it will need $20,000 of work to get there.
($350,000 x .70) – $20,000 = $92,000
In this example, a Lawton We Buy Houses company might offer you around $92,000 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 iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Lawton 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 Lawton area. Our list above is a good place to start.
- Submit offer requests to a few of the 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 Lawton vs. top Lawton 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 Lawton | Sell with a top Realtor in Lawton |
| Selling timeline | 7 to 30 days | 125 days average; 81 to attract an offer, 44 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings 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 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 | 5.8% average |
| Closing costs | None | 1% to 3% of the home sale price on top of agent 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 Lawton is worth about $160,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $185,000.
| Sell to a We Buy Houses for Cash company in Lawton | Sell with a top Realtor in Lawton | |
| Estimated sale price | ($185,000 x .70) – $25,000 = $104,500 | $160,000 |
| Market preparations | 0 | $1,600 (1% of sale price) |
| Agent commissions | 0 | $4,800 (3% of sale price) |
| Closing costs | 0 | $2,400 (1.5%) |
| Estimated take-home for seller | $104,500 | $151,200 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Quick and simple sale: House-buying companies offer a fast, hassle-free cash transaction.
- Request multiple offers: Getting quotes from various buyers helps you find the best option.
- Weigh the pros and cons: A cash sale may mean a lower price, but it offers speed and convenience.
- Consult an agent: Speaking with a Lawton real estate agent can provide insights into your home’s market potential.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in navigating 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 Lawton agent.
Header Image Source: (Gus Raballo/Unsplash)
English (US) · 