Frequently Asked Questions

Usually, yes. A cash purchase trades price for certainty and effort. The gap between a cash offer and open-market value is essentially the cost of repairs, the holding and resale costs, and the buyer’s margin for risk. We will show you both numbers for your specific house rather than quoting a percentage, because a percentage would be misleading.

Start with what the house would sell for on the open market in good condition, based on comparable sales. Subtract the cost of getting it there, the costs of holding and reselling it, and a margin for risk. That is the offer. We are happy to walk you through the arithmetic.

Any offer is subject to property evaluation, title review and a written agreement. A figure discussed before we have seen the property can change once we have. We will tell you in advance what would change it.

Yes, and we would encourage it. “Compare both options” is one of the choices on the evaluation form.

Take it. If you would like a second opinion on someone else’s offer before you accept, we will look at it with you.

Faster than a financed sale, because there is no lender, no appraisal and no underwriting. In practice the timeline is usually set by title work rather than by us. Clear title can move quickly; an estate that was never probated, or a lien that was paid but never released, takes longer.

No. A direct purchase is of the property in its current condition. If you choose to list instead, repairs become a strategic question — worth it for some things, not for others.

Not necessarily. We can get a long way on public records, comparable sales and a conversation. A walkthrough produces a more accurate number, but it is your decision.

Leave what you do not want. That is normal in inherited and estate sales, and it does not need to be resolved before you talk to us.

Selling with a tenant in place is possible, and the lease generally survives the sale. See can I sell a house with tenants for how that actually works in Texas.

No. Submitting information through this website does not create a brokerage relationship, a representation agreement, a purchase contract or an obligation to sell. You may accept an offer, reject it, request information about a separate listing option, or decline all services.

Only with your permission, and only in the way you chose. The phone and text consent box on the form is optional and is never pre-ticked. Consent is not a condition of getting an evaluation, and you can opt out at any time by replying STOP.

It is used to prepare your evaluation and to contact you in the way you asked. It is not sold. Details are in our Privacy Policy.

No, and you should not provide them. We do not need them to evaluate or purchase a property. Any website that asks for them early deserves a very hard look — see warning signs of a home-buyer scam.

Yes. Jessie Walters holds Texas Real Estate Commission individual broker licence #509401, active since 2003, and is the designated broker of JD Walters Real Estate LLC, licence #9015088. Both can be verified on the TREC licence search.

No. We are a buyer, acting as a principal for our own benefit, with our own interest in the price. We do not represent you. Texas rules require a licence holder buying for their own account to disclose in writing that they hold a licence, and we do.

No. It is a home-buying business and this is not a REALTOR® website. Jessie Walters separately owns JD Walters Real Estate LLC, a licensed brokerage — a different business offering a different service. See the brokerage disclosure page.

No, never. Brokerage services are separate, optional, and require a separate written brokerage agreement.

Your enquiry goes to us, and may also be shared with the investors and investment companies we work with, so a property we cannot buy ourselves still gets evaluated. If you would rather we did not, tell us and we will not. See the Privacy Policy.

If a contract were ever to be assigned rather than closed, Texas law requires that to be disclosed to you in writing before the contract is signed — both Texas Property Code §5.0205 and TREC’s rules on equitable interests require it. You are entitled to a straight answer to this question and you should ask it of every cash buyer you speak with.

There is no listing commission on a direct purchase, because there is no listing. Ordinary closing costs still exist and the contract sets out who pays what.

It is negotiable. Paragraph 6A of the TREC One to Four Family Residential Contract is a checkbox that can be marked for either party. Central Texas custom is usually the seller, but custom is not a rule.

Say so early. It changes what is possible but it does not necessarily end the conversation, and the sooner it is on the table the less time everyone wastes.

Delinquent taxes are a lien against the property and are normally paid out of the sale proceeds at closing. Texas penalty and interest escalate on a statutory schedule — 7% in February rising to 18% plus 1% per month from July 1, before any attorney collection penalty. See behind on property taxes.