Fequently Asked Questions
Are you listing my house on MLS or buying it?
No, your home does not get listed on the MLS. We will purchase your home outright with our own money, without any hassle on your part. After we buy your house, we’ll either fix up the property for sale or rent it out.
How is the offering price on my house determined?
We will determine the total offering price based on three factors. First, we look at the condition of the home. Then, we examine the neighborhood and surrounding housing market. Finally, we explore your goals. Homeowners wish to sell their property for a variety of wonderful reasons. Whatever yours is, we can help!
What do you do with the home after you purchase it?
Every home is unique. In some cases, we need to perform repairs and renovations to the property. Other times, we can just rent it out in its current condition.
What makes you different from other companies?
We Buy Memphis Houses is committed to helping homeowners. We’re not looking to line our own pockets, but instead yours. Our goal is to offer you more money than the traditional home-selling process, no matter the condition of your house.
Will you pay me what my home is worth?
We will always provide a reasonable cash offer – within 24 hours – for your home in its current condition.
What does it mean when you say that you will buy my house for CASH?
It means just that. We have the money to buy your home today. We can transfer money into your bank account, or write you a check, for your property once we have finished the appraisal process.
Where will we close on the property?
We close on your schedule. At your convenience, we will meet a local title company to sign all final documents and transfer ownership.
I currently live out of state. Is that a problem?
Not at all! We routinely work with homeowners who have moved out of state. Our local team can still help you sell your home fast.
What if I am behind on my mortgage?
That’s not a problem whatsoever. If you find yourself behind on your mortgage, we’ll request a reinstatement amount and payoff to receive a better idea of the total debt on the house. Then, we can explore a few options.
What are the steps to selling my home?
The steps to sell your home are simple.
- Step 1 – Contact us with your basic contact and property information.
- Step 2 – We’ll call you back promptly and arrange a meeting time.
- Step 3 – We’ll evaluate the property and provide you with a cash offer in as little as 24 hours.
- Step 4 – We close on your schedule and you get PAID!
How long does it take to sell my home?
That all depends on your schedule. We will work with you – as slow or as fast as you wish – to sell your home. We have closed on homes in as little as a few days previously.
I am feeling overwhelmed with this process. What do I do?
Our goal is to make this process as simple and straightforward as possible. We vow to make the home-selling process in Memphis as pleasant and easy as we possibly can.
What will it cost me to have you look at my home?
It costs you nothing! We provide a FREE in-home consultation!
Are you a real estate agent?
No, we are not real estate agents. We are real estate investors.
What kinds of fee’s will I have to pay when selling my home?
You will not pay any fee of any kind. There are no closing costs or real estate commissions for you to pay when dealing with our team.
My house needs repairs. Is that okay?
Absolutely – we will buy your home “as is” in its current condition. Our team is responsible for making any necessary repairs or renovations to the home, not you!
My home is in foreclosure; can you help?
We specialize in purchasing houses in the area undergoing foreclosure. If your home is scheduled to be sold, we can still help.
What is your program?
Our home-selling program is simple. First, we evaluate the following:
- Current home condition
- Neighborhood and surrounding housing market
- Your goals
Based on these factors, we can give you a no obligation cash offer!
What type of homes do you buy?
We buy any type of home, from those in disrepair to move-in ready properties.