FAQ | We Buy Houses Memphis

Frequently Asked Questions

What types of houses do you buy?

We buy many types of houses in the area. Right now, we’re looking to buy: new homes, old homes, homes in need of repairs, single-family homes, condos, condemned houses, and many more!

How long does it take to sell my home?

It takes as long as you need. If you want to sell your house within the next week or two, we can make that happen. If you would rather take your time while you search for a new place to live, we’ll work with you. Just know that within 24 hours of our first meet-up, we’ll make you a cash offer.

Are there any fees when selling my home?

None! We’ve simplified the entire process to ensure that, even if this is your first time selling, you can do so easily. Some of the many benefits of contacting our team include:
No realtor fees, closing costs, or commissions.
You don’t need an appraisal.
We’ll provide you with an immediate cash offer.
You choose your closing date.
You don’t pay for a single costly repair or renovation.

How do you determine offering price?

We determine a fair cash price for each house we purchase through several factors. These include: the current condition of your home and property, the neighborhood, the current housing market in the area, your goals as a seller and homeowner.

What do you do with the home after the purchase?

After we purchase your house and you receive your cash, we typically choose to fix up the property in some way. We have an experienced crew to renovate and repair each room. Then, once complete, we either sell the house or rent it out to families in the area.

Can I sell my home if I am behind on my mortgage payments?

Absolutely — we often work with homeowners who are in the middle of foreclosure or know foreclosure is looming over them. If you’re behind on your mortgage payments, you can use the money we pay for the house to then to meet your burden and move on.

Do I have to move out immediately?

We’ll typically work with you to ensure you can move out and into a new home without overworking yourself or enduring any chaos. Our goal is to help you, as a homeowner, sell easier. That means we work with you every step of the way.
Let us know your situation when you call. We’ll be happy to discuss options with you!

Can I sell a house if I live out of state?

Yes! We often work with homeowners who live out of state but own property in or around Memphis. In this case, we’ll work with you over the phone and via mail to ensure your needs are met and your property sells fast.

If I enter my information, am I obligated to sell?

No. You’re not obligated to sell with us at any point up until the title is signed over to our office. If you change your mind and decide not to sell, we won’t hold anything against you. After all, this is your home. It’s your choice whether you sell or not.