What does Sell Wise DFW do?
We help Dallas-Fort Worth homeowners compare their options for selling a house, and we make cash offers to buy houses as-is.
You can use our offer as one option among several. There is no obligation to accept it.
Will a cash offer be lower than what I could get by listing?
Usually, yes. A cash buyer takes on the repairs, the holding costs and the risk of reselling, so the offer is typically below what a house in good shape might sell for on the open market.
What matters is what you keep. Once repairs, commissions, closing costs and months of carrying the house are counted, the difference may be smaller than the two prices suggest. For some houses listing still comes out ahead, and we will tell you when it looks that way.
What does "as-is" mean?
It means the buyer takes the house in its current condition. You are not asked to make repairs, clean or update anything before the sale.
Selling as-is does not remove a seller's disclosure duties under Texas law. An attorney or your title company can explain what applies to you.
How do you decide what to offer?
We look at what similar houses nearby have sold for, estimate the repairs the house is likely to need, and allow for our costs and risk in buying, holding and reselling it.
We go through that reasoning with you so you can judge the offer for yourself.
How long does a cash sale take?
Often two to four weeks from a signed contract to closing. It can be quicker when the title is clear, and it may take longer when there is a probate, a lien or another title issue to resolve.
If you need more time to move, you can usually pick a later closing date.
Are there fees or commissions?
There is no agent commission when you sell directly to us, and we do not charge you for making an offer.
Every sale has closing costs. Our written offer spells out who pays which ones, so you can see what you would keep before you decide.
Do I have to accept the offer?
No. You can accept it, think it over, compare it with an agent's estimate or turn it down. Nothing is binding until you sign a purchase contract.
Can I sell a house that has tenants in it?
Often, yes. A lease usually stays in place when a rental property is sold, and the new owner takes over as landlord.
Tell us about the lease and the rent when you get in touch. For questions about your duties as a landlord, a legal professional is the right source.
What if I owe back taxes, have a lien, or am behind on the mortgage?
In most cases these are paid from the sale proceeds at closing. The title company finds out what is owed and handles the payoffs.
If a foreclosure date has been set, call us as early as you can. More time usually means more options. An attorney can advise you on your rights.
Can I sell an inherited property?
Often you can, but the estate usually needs the proper legal authority first, and that may involve probate. A probate attorney can tell you where you stand.
We are glad to make an offer early so you know what to expect, and then work to the timeline the estate allows.
Will I owe taxes when I sell?
It depends on your situation, such as how long you have owned the house and whether you lived in it. We are not tax advisors, so please consult with your CPA before you decide.
Which areas do you cover?
We work across the Dallas-Fort Worth area, including Dallas, Fort Worth, Arlington and the surrounding communities. If you are not sure whether your house is in our area, just ask.