If you need to sell your house fast, you may find yourself in a bind. The real estate market is cutthroat, and unless your home is in perfect condition, it can take months to sell. If you need to move quickly or need money now, you may not have time to wait around and sell your house in the traditional way.
If your house requires repairs before you can put it on the market, that can be a problem, too. You may not have the money to go through the entire process to make repairs, deal with fire damage, handle an infestation, and more, especially if you’re on the brink of foreclosure.
However, there is another way. Some companies will buy houses as-is and will give you a cash offer. If you’re having trouble making your mortgage payments or just need to get out quickly, we buy houses no matter the condition.
Why Buys Houses As-Is in Memphis?
If you’re looking for a business that will buy houses as-is in Memphis, Fair Cash Deal can help you get your home sold hassle-free. You won’t need to hire a realtor, talk to a lender, or pay realtor commissions. You can enter some details about your home and get a quote in just a few minutes.
Fair Cash Deal offers fair cash for houses in Memphis. You get to set the closing date, so you can make a quick sale if you need to. You don’t even have to pay the closing costs. You don’t have to make repairs or go through the process of staging and showing your home. The home selling process is easy, and you can focus on the next steps of your move.
Fair Cash Deal has a local base in Memphis, so you can work with a real person instead of an anonymous email online. You can meet us and feel safe in letting us help you navigate a critical, sometimes daunting event.
What Are Cash House Buyers?
Cash house buyers are real estate investors who make a fair cash offer on a house that is usually in need of some repairs. They often buy either single-family or multifamily homes. These buyers work with homeowners who need to sell their home fast or with a house in probate or part of an estate when someone dies.
Cash house buyers take care of the buying process and usually eliminate the need for a real estate agent. They typically like to inspect the house, either in-person or through pictures, so that they get an idea of how much the home is worth and how much repair work they may need to do.
Since cash home buyers typically specialize in short sales and offer fair prices, they are a good option for those who need cash for their homes. While some cash house buyers are looking to fix up a home for their own use, most of them are investors who are looking to make a profit. They’re willing to put the work and money into getting a house ready to sell.
What Are House Flippers?
A house flipper is someone who buys an unwanted property, such as a house that’s in a state of disrepair. They fix up the house by doing all of the necessary repairs and making some cosmetic changes. They’ll then list the home for a higher sales price than what they initially paid to turn a profit.
Some people do house-flipping as a side hustle, while others, like Fair Cash Deal, buy homes and sell them as a business. These types of businesses like to pay cash for homes to avoid paying additional fees and make a bigger profit. They can buy several houses, have multiple repairs going at once, and sell to make money.
You can benefit from these types of businesses as well. Fair Cash Deal gives you no hassle when it comes to selling your home. They want the sale to move quickly, and they want to give you a fair price so that they’ll continue getting business.
Be Aware of Cash Home Buyer Scams
When you’re in a financial jam, especially if you’re behind on mortgage payments and nearing foreclosure, it can be tempting to sell your house to the first person or business who offers to buy it. However, it’s crucial to realize that there are many scammers out there and to understand how their scams work.
There are several warning signs you should look out for. If someone offers to buy your house without seeing it, even photos, or if someone makes an offer that seems too good to be true, you may be dealing with a scammer. You should look for a business with a professional website and email address. They should address you professionally when you call.
One of the best ways to avoid a scam is to do your due diligence. Check in to the company that’s buying your home. Do internet searches and read reviews of other home sellers who’ve gone through the company. Call the company. If anything seems off, it’s most likely a scam. Don’t let yourself be blinded by the offer of money because you could end up paying more in the long run.
Look out for:
- People who are difficult to reach.
- Someone with no references.
- Anyone who asks you to send them back the money they “overpaid.”
Benefits of Selling Your Home for Cash
Even though you may not be able to sell your house for as much as if you go through a real estate agent, there are many benefits to selling your home for cash. If you’re upside down on your mortgage, your bank may approve a short sale where they take less than your house is worth to prevent you from going into foreclosure.
In some cases, you may need to sell your home as-is. You may not have the money or time to take care of the repairs and stage your home for viewings. For example, if your home has an issue like foundation problems, you may wind up putting more money into fixing the problem than you’ll get back when you sell.
Pros:
- You get cash immediately.
- No commissions or closing costs.
- No need to do repairs or clean.
- You can sell quickly.
- You don’t have to rearrange your life around showings.
- You may be able to prevent foreclosure, bankruptcy, or other financial problems.
- You get less money, but can save yourself thousands in the long run.
- You don’t have to worry as much about a sale falling through.
- You won’t have to pay for an inspection.
- There are typically no contingencies like you see in a traditional sale.
Final Thoughts
Selling your home is stressful, especially when you’re under financial strain and need to get out quickly. However, there are ways to take the stress out of selling your home, such as selling it as-is to a business like Fair Cash Deal. They pay cash for your home.
Fair Cash Deal doesn’t charge you any commission fees or closing costs. You don’t have to do any repairs or cleaning. You only have to answer a few questions and send in some pictures. You’ll have a quote in minutes, and you can choose when you want to close.
Whether you need money quickly, can’t afford to repair your home, or simply need to get out, a business like Fair Cash Deal makes the process quick and painless, allowing you to focus on the next phase of your life.
