Frequently Asked Questions about the Cash for Homes Process
If I enter my information, am I obligated to sell?
Absolutely not. Entering your information into our online form makes us aware of your property. From there, we’ll take a look at your home and make you an offer. You get to decide if you want to accept. There’s absolutely no obligation in this process.
What kinds of fees will I have to pay when selling my home?
If you sell your home traditionally, you’ll pay realtor fees, closing costs, and inspection fees. That’s in addition to what you’ll need to invest for any repairs your home needs. . The buyer will also have fees that cut into the amount they can offer, such as loan origination fees. However, when you sell your home to us, there are no hidden fees to pay and no home repairs to pay for.
How is the offering price for my house determined?
We determine the offering price for your house based on the amount of renovation work that needs to be done and the amount that it can potentially sell for. With our extensive experience in residential construction and remodeling, we are able to do the work cheaper than if you were to renovate or repair the home yourself. That means there’s a larger amount of the pie for you.
What do you do with the home after you purchase it?
We renovate, repair, and refurbish homes. We update them and make them beautiful places to live in again. We’re proud of the work we do. If you have a home you’ve inherited or one that is sentimental to you, rest assured that we will do our best to give the house new life so someone else can enjoy it once again.
Can I sell my home if I am behind on the mortgage?
You can absolutely sell your home if you’re behind on the mortgage. In fact, it’s the best thing you can do if you’re late on payments. When you sell to a cash buyer, your mortgage will be paid off first, and any remaining profit will go to you directly. You’ll be free and clear of your debt, and avoid potentially facing foreclosure.
How long does it take to sell my home?
If you go the traditional route, it can take months to sell a home, depending on where you live in the Memphis, TN area. But with us, you’ll be able to go through the process extremely fast. We can get you an offer and close on your home within days, or we can work with you to close when you’re ready to move.
Do I have to move out right after selling my house?
You don’t! You can move out on your timeline — just let us know. We will send you the cash once you’ve decided to move out of your home. So much more convenient than depending on a traditional buyer’s schedule.
Can I sell my house if I live out of state?
Absolutely. We’ve worked with many sellers that live out of the state. We’ll make the process as painless as possible. Contact us to find out more about the process.
What types of houses do you buy?
We buy any type of home. Don’t assume that your home is too old or too damaged! Contact us today to find out more about what we can offer you. If you want to sell your house fast, contact us today.