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.
Let’s dive into how you can sell your local Memphis house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.
How Do 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. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, Restoration Properties, 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 Restoration Properties 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 if you are selling it fast on cash. To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to 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 Restoration Properties, 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.
But we can close quickly (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… submit your info on the form on this next page or give us a call at (901) 245-6010.
We can make you a fast no-hassle offer in less than 24 hours.
We like 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 Restoration Properties can offer is we take 100% of all of the work and hassle to sell your house off of your hands.
We handle it all.
No, we’re not listing your house like an agent does. 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.
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… we’ll get it all created at a reputable neutral party closing agent in town of your choosing… or we can recommend the ones we’ve used for years.
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.
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.