Time and money are crucial factors when you are selling your home. If you need to sell your Memphis house fast… there are local professional home buying companies who pay cash for homes in Memphis Tennessee. Sellers often prefer to work with cash buyers because they don’t have to worry about a buyer’s financing falling through at the last minute, as can happen with mortgages if the buyer isn’t able to get approval. Cash transactions typically happen faster, sellers who are eager to close might be more willing to negotiate with a cash buyer than they would a borrower with a mortgage.
How Does Cash For Homes in Memphis Buyers Work?
Finding reputable local Memphis house buyers who pay cash for homes in Memphis can be a daunting task. There are a lot of them and once you fill out forms you will start receiving calls and calls about offers from your house. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, Memfixerupper, we buy local Memphis, Tn houses fast).
And before you dive in below… If you’re not sure how the process of a cash buyer like Memfixerupper buying your local Memphis house works… check out our “How it Works” page on this site and our FAQ.
Price And Time Are Trade-Offs – Which Is More Important To You?
As you might suspect, it is not easy to get the full market value for your home, you may have to wait 3-6+ months… and often will need to hire a real estate agent who will find you the best buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)… so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait?
Most often, local Memphis house buyers like Memfixerupper, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.
From start to finish, the closing process when you purchase a home with a mortgage can take over a month. By contrast, when you buy with cash, it’s possible to close on a home in as little as 7 days if you need us to… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… give us a call at 901-450-5179..
We can make you a fast no-hassle offer in less than 24 hours.
We want to be the solution for lots of sellers that are lost in the process and don’t know what option is best for them. Even if we are not able to buy it we are locals in the Memphis area so we have good contacts that we can refer to you. We want to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do.
How Much Work Do You Want To Put Into Making Your Memphis, Tennessee House Sell?
Another big factor that local Memphis cash home buyers like Memfixerupper can offer is we take 100% of all of the work and hassle to sell your house off of your hands. Every cash for homes company is different, so be sure to ask for detailed information about the process before committing.
We’re not listing your house like an agent does. You don’t need to hire a real estate agent, list the home, wait for offers, wait for financing to come through, deal with contingency clauses, or any of the other time-consuming hassles that go with traditional home sales.With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work and take some time.
Especially if your house here in Memphis needs some work.
But, we offer cash for houses in Memphis, Tennessee because we’re professional home buyers based locally here in Memphis. If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… and the best part is that you won’t need to pay any commission, the offer we will give you would be 100% what you will receive.
Basically, we can make you a fair all cash offer on your Memphis house (or Call Us Today at 901-450-5179!)… and if it’s a fit, great! We’ll handle everything.
Do Your Research And Trust Your Gut
Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time. Watch out for these things before you decide go with an investor offering cash:
- Watch out for signs nailed to trees, often with nothing more than a phone number. This could mean a scam.
- Be wary of unprofessional behavior from company representatives. Put yourself on high alert if the company uses free email addresses, answers the phone with a simple “hello,” or employs high-pressure sales tactics.
- If someone asks you too much info, sending your bank statements and other details by email, the odds are high that the documents are fake.
- Whether you’re dealing with an individual or a company, trust your gut. If they have sketchy behaviors, walk away. There are too many legitimate cash buyers for you to run the risk of being scammed. Sketchy behavior:
We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you. You can check our reviews as well, where you can find people that might be in your situation. Memfixerupper.com
When you’re ready to start the process of selling your Memphis,Tennessee home for cash, fill out our form and we’ll help you get started.