You’ve seen the “we buy houses in Memphis” and “cash for houses” signs all around town when you’re driving around… even in other cities across Tennessee… so who are these cash house buyers in Memphis, Tn? Are they legit? How does it work? Who should I trust?
We’ll dive into these questions here in this article… and don’t be afraid if you have other questions to hit us up on our Contact page or comment at the bottom of this article anytime as well!
Selling Fast: Who Are The Cash House Buyers in Memphis, Tn?
Selling your home in today’s real estate market isn’t always the easiest thing to do.
If you need to sell fast due to divorce, job loss, pressures of relocation, or any other of life’s tribulations, this process can be especially formidable.
Luckily, there are ways for you as a local Memphis house seller to win! Selling to a cash house buyer can get you the cash that you need fast, while also taking your property off your hands so you can move on with your life.
Usually it will also relieve any pressures of repairs so you can sell your Memphis, Tn home as-is. Selling your house to the perfect cash buyer can be a quick and easy process.
First ask yourself, Who are the cash house buyers in Memphis, Tn?
Cash buyers will usually be investors (some locally based, like us here at Memfixerupper… and some based out of town) whose goal is to create win-win situations and help homeowners like yourself. Cash buyers have the money available at the time of making an offer, meaning they do not need to get a mortgage or loan to buy your house.
Cash Buyer Pros
- Chain free: The removal of a chain from the process means there will be less chance of the sale falling through because of a third party.
- Fewer hurdles:. Removing the need to raise the required finance means another huge obstacle has been dealt with from the start.
- More certainty: Cash buyers only deal when they’re absolutely certain it’s the correct move to make. If they make a solid offer, the chances are good that they’ll follow through on it.
- They can buy anything: Short lease? Bad tenants? Need renovations? No problem. Cash buyers can go ahead and buy houses in any condition or any situation.
- Quicker sale: You can have a fair all-cash offer within 24 hours. That means you can sell as quickly as you need. This is probably the number one reason why homebuyers in Memphis, TN that need to sell fast choose sell to a cash buyer
Quick Tips to Remember When Looking For A Reputable Local Memphis Cash House Buyer
- Price it right
- Be honest
- Be flexible
Price it right – When selling to a cash house buyer in Memphis, keep in mind that they’re buying with cash, instead of using bank financing… and they can close very quickly. We can buy your house in as little as 7 days from today if you want to sell that quickly… rather than waiting 30 days to 9 months to sell your house the traditional “listing agent” route. Cash sales will often result in less than market value for their home.This means that a professional house buyer won’t be able to pay as much as a retail buyer (someone living in the house) would.
This also means that you’re getting a quick/ hassle free sale and cash in your pocket so you can move on with your life! Check out this article on pricing your home to sell. So you don’t overprice the property or go into the process with expectations of getting the same price on a quick cash sale that closes in a matter of days or weeks that you’d get with an agent listing your house to find the ideal retail buyer for months and months and months.
Also consider in your pricing the fact that local cash home buyers like us here at Memfixerupper don’t charge any fees or commissions. This means that you will receive the exact amount of our offer and you don’t have to worry about any other expenses. So consider that a savings right there!
Be honest – Always tell the truth when giving descriptions of repairs and values. An experienced cash buyer will do their homework, so tarnishing a relationship and potentially hindering a sale in the name of saving a few bucks, is never worth it. Just be honest with your buyer and they will work with you. In the end, cash buyers buy homes in any condition.
Be flexible – Cash house buyers in Memphis can often come up with creative solutions to your problems. Be flexible, and willing to share and listen to make the best of your situation. At Memfixerupper, we will find the best solution for your needs even if we aren’t the ones that buy your house, we will be able to send you good contacts of realtors that might be the solution for you.
So, be flexible coming in and we’ll let you know what we feel are the best options for your situation. If it means us buying your house in a win-win transaction… great! If it means you selling your house another way (or even finding a way to stay in your house)… great!
All we care is that you’re taken care of in the process. That’s how we win so many long-term fans of Memfixerupper who end up referring their friends and family our way when they need to sell their Memphis area houses fast too.
The bottom line is, regardless of how daunting the task of selling your home may appear, sometimes all it takes is finding out who are the best cash house buyers in Memphis, Tn.