Sell Your House The Easy Way.

Hi there, I am Curt, and I am one of the acquisition managers here at “WBMS”. I will be your guide, walking you through the entire process getting your no-obligation-to-accept, all-cash offer started. Don’t worry, it is all free without any cost involved and without any obligation to accept any offer we make you. If you rather talk to a live person feel free to call me at my direct line at (901) 446-2975.

How Do I Sell My House In The Midsouth Fast For Cash?

We Offer Cash For Your House Fast.  Here’s How…

By eliminating the middle person, (agents, banks, inspectors, etc.) and by simply paying cash we can significantly uncomplicate things. We can truly make buying your house easy as 

Get Your Free Offer TODAY!

Just Fill In This Form To Get Your No-Obligation All Cash Offer Started!

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Told You… Easy As 1, 2, 3

This explains the steps involved, but what exactly goes on behind the scenes?

To sell your home fast for cash in Memphis, Mississippi or Arkansas, we encourage you to educate yourself before you decide what your best options are. 

What follows next is a well thought out, fully detailed explanation on how the entire house buying process works from beginning to end. Please read through this as reading this article will make you the expert on the topic. 

How To Sell A House Fast (Just 5 Easy Steps)

Selling your house can be a daunting task, especially when you need it sold fast. By selling your house for cash, you can drastically speed things up. This guide will walk you through the entire process of selling your house for cash to a cash home buyer from start to finish.

Here’s What You’ll Need:

What Is A Cash Home Buyer?

A cash home buyer is any person, company or entity (usually a real estate investor), capable of buying your house in cash without the need for financial support from banks, lenders or other 3rd party financial institutions. As the purchaser is providing their own money, they are the final decision makers thus eliminating need for approvals or inspections from 3rd party institutions, drastically speeding up the transaction. Here are 5 easy steps to get your house in Memphis, Mississippi, or Arkansas sold fast!

1. Find A House Cash Buyer.

The most common method for finding cash home buyers is by doing a Google search for: “We Buy Houses [yourCity] [yourState]“, “Sell My House Fast [yourCity] [yourState], or “Cash For My House In [yourCity] [yourState], and choosing the top ranking results underneath the ads. The ad results often are not reliable or reputable as people simply pay to be on top. They are not on top because they are reputable.(Ads can be recognized by the letters “Ad” preceding the Google listing).

2. Do Your Due Diligence.

Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page, and make sure there are credible reviews from real actual people that sold their house to them. What you are looking for is transparency, a neat, clean and professional polished website, clear explanations, and professionalism. The website is a direct reflection on them and their business. If a business owner doesn’t take pride in their website they don’t take pride in their business and may not be the wisest choice to do business with.

3. Submit Your Information.

Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page, and make sure there are credible reviews from real actual people that sold their house to them. What you are looking for is transparency, a neat, clean and professional polished website, clear explanations, and professionalism. The website is a direct reflection on them and their business. If a business owner doesn’t take pride in their website they don’t take pride in their business and may not be the wisest choice to do business with.

4. Schedule Your Appointment

Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page, and make sure there are credible reviews from real actual people that sold their house to them. What you are looking for is transparency, a neat, clean and professional polished website, clear explanations, and professionalism. The website is a direct reflection on them and their business. If a business owner doesn’t take pride in their website they don’t take pride in their business and may not be the wisest choice to do business with.

5. Schedule Your Closing Date. Get Your Cash!

Not all cash home buyers are the same. The offer amount and thus the method used to arrive at your offer often differs significantly. For this reason you should go over their website, visit their “How It Works” page, their “About Us” and/or “Our Company” Page, and make sure there are credible reviews from real actual people that sold their house to them. What you are looking for is transparency, a neat, clean and professional polished website, clear explanations, and professionalism. The website is a direct reflection on them and their business. If a business owner doesn’t take pride in their website they don’t take pride in their business and may not be the wisest choice to do business with.

Another Happy Customer!

Ms. Rosemary loved our offer, and so will you!

Home Buyers CT

Ready For Your Offer? It is 100% Free, without any obligation to accept. You have nothing to lose!

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So You Want To Sell Your House Fast For Cash!

… And Still Want A Fantastic Offer!


“We Buy Houses” companies will often try to give you the lowest possible offer. This doesn’t make any sense to us. We spend time and effort doing your home analysis so we can get you cash for your home in the Midsouth. We spend time and money driving to properties all over Tennessee, Mississippi, and Arkansas. All these services are 100% FREE to you! No one will accept a low offer and we would have spent so much time, money and effort for nothing.


How We Make Our Offers To Buy Your TN, MS, or AR Home

It’s In Our Best Interest To Give You Our Highest Possible Offer.

“We Buy Midsouth” stays in business by getting offers accepted, and the only way to do that is to give offers you’ll be happy with! We truly do our best to give you the highest possible offer we can give. Now you know why we have such raving reviews! 🙂


Our Offers Are Based On Your Home’s “After Repair Market Value”!

This simply means, we look at what the value of your home would be, completely fixed up. Based on this value we will formulate your offer!

How Exactly?

Well, imagine you have a house that you want to sell…

Now, also imagine your neighbor, has the exact same, identical house as yours, except for a few upgrades he made… say, he added granite counter tops, removed wallpaper, applied a fresh coat of paint, put a new roof on, and put hardwood floors in. 

Now Imagine he sold his house for $300K.

What Do We Know Now?

Well, we know, that If we make the same upgrades to your house (AFTER we buy it from you of course), bringing the house to a very similar condition as your neighbor’s house, we would also be able to sell it for $300K.

So,

We know the Market value of your house if we fixed it up (in this case $300K), and we know the cost of repairs/upgrades. We can now make an offer that works for us. If this offer also works for you, great we close and you get your money at closing! As you can see, we make offers based on the market numbers, not based on how desperate you may or may not be to sell. 


The Offer:

All you math lovers out there, will appreciate this section. We value honesty and transparency. We have no issues sharing with you how exactly we formulate our offers.

[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]

But in order for you to understand this we need to define some terms.

After Repair Value (ARV): This is what the market value of your house will be AFTER we buy and renovate the house. Yup we are just like your favorite HGTV flipping show.

Cost Of Repairs (COR): This is what our cost will be fixing/updating the house AFTER we purchase it from you.

Our Selling Costs: Although we buy houses without involving agents, we on the other hand, have to use an agent to sell that house again AFTER we have purchased it from you and fixed it up. So we have to pay agent fees, closing costs, taxes, holding costs etc. These are all the fees you do NOT have to pay, if you sell your house directly to us ;). This is usually 10% all together of selling price. (Our Selling Cost = 10% x ARV)

Our Minimum Profit: Yeah, this IS a business after all, and we wouldn’t be able to stay in business, buy more houses, pay contractors, plumbers etc, if we didn’t make some sort of profit. However, we keep this to an absolute minimum so we can present you with the highest possible offer. See, our business model is structured around making many deals with a little profit per deal, and not a few deals with a huge profit per deal. This benefits all.


English Please!!

So what does this formula mean in plain English?

Simply this:

The market value of the house (after we fix it up), minus ALL our costs fixing it up (including our profits), will be the offer. How simple is THAT! Congrats, now you are an expert at this! But want to be sure you understand it?

Let’s take an actual house we recently bought and share with you how it happened.


 Let’s say this is your house in its current condition:

Not bad right? OK it could use a bit of sweet tender loving but not too shabby. It is just outdated…

Now remember, your neighbor with the exact same house as yours? He got a new roof, updated the kitchen and bathrooms, put granite in, removed carpets and put in hardwood flooring? Well, this is what his house looks like after he did the changes:

Well, no wonder he sold it for $300K, it is gorgeous! WOW!

In order for us to also be able to sell your house (well, our house after we buy it from you) for $300K, we need to bring your house to the same condition as the house of your neighbor, or better, so that we can also sell it for $300K!

Why?

Because we will not be able to sell the house in this current state for $300K when all the other houses that are currently for sale in your area look as gorgeous as your neighbor’s. Would you as a buyer be interested in buying a house in lesser condition for $300K when a much nicer house sells for the same price? No, of course not!

So an obvious next question you’d ask, would be:


OK, if the house after it is completely fixed and updated would sell for $300K, for how much would it sell as is?


We would come in, with our contractor and if we can, our agent. (We bring our contractor and our agent to the walkthrough, so that our agent tells our contractor what needs to be fixed (as he/she knows what buyers are currently looking for) and what does not need to be fixed (to save on the cost of repairs)).

Our agent: tells us, that we need granite countertops, because the neighbor across the fence that sold his house for $300K, also has granite, as well as hardwood floors, removing wallpaper, installing new appliances etc.

Our contractor: gives us an accurate COR (Cost Of Repairs).  See, we know exactly what we will do to the house the second we are done with the walk-through and we have already completed the flip in our imagination and we know exactly what all the numbers will look like.

The more accurate these numbers the more accurate (and the higher) your offer will be! Let’s say our contractor gives us a cost of repairs of $70K.

Now We Are Ready To Make You An offer!

Here are the numbers:


As-Is Value = $190K

ARV (After Repair Value) = $300K

COR (Cost Of Repairs) = $70K

Our Selling Cost = 10% x $300K = $30K 

Let’s say Our Minimum Profit For This Purchase = $40K

[Your Offer] =  [ARV] – [COR] – [Our Selling Costs] – [Our Minimum Profit]

Your Offer = $300K – $70K – $30K – $40K = $160K

Your Offer = $160K


As you can see, we play by the numbers. We do not make offers based on how desperate you may or may not be. We don’t base offers on some percentage of the After Repaired Value (that is ludicrous). We simply add the numbers up trying our best to give you the highest possible offer we can make you, to make sure you will be happy, and thus to make sure the contract will be signed, so that we can get our next flip going! Makes sense doesn’t it!


Analyzing The Offer

So, the house is worth $190K as is,  meaning if you listed it with an agent you could sell it for $190K. Yet after 6% agent fees and closing costs you would probably get about $174K for it, after it will be on the market for 4? 5? months! And no one can guarantee the house will actually sell.

So now you have to make a decision.

Sell it for a guaranteed sale for $160K in as little as 10-20 days, or a “maybe sale” for $174K hopefully within 4 to 5 months.

~Decisions, decisions..


BUT WAIT!!!

What If The Cost Of Repairs Was $30K Instead Of $70K?


Now things get interesting! Now the offer becomes:

As-Is Value = $190K

ARV (After Repair Value) = $300K

COR (Cost Of Repairs) = $30K

Our Selling Cost = 10% x $300K = $30K 

Let’s say Our Minimum Profit For This Purchase = $40K

[Your Offer] = [After Repair Value] – [Cost Of Repairs] – [Our Selling Costs] – [Our Minimum Profit]

Your Offer = $300K – $30K -$30K – $40K = $200K

Yup! That is $10,000.00 MORE than what the house is currently worth, and almost $30K more than what you would get if you had listed it with an agent (remember that you would only get $174K after all listing and agent fees).  Again, our offers are based on the numbers, not on how desperate you are to sell.

Selling Your Memphis Home Can Be A Quick And Easy Process

We Buy Houses Midsouth buys houses in and around Memphis (and other areas too!). We’re not listing your house… we’re actually the ones buying your home. Because we pay cash and because we are buying your Memphis home directly, we’re able to close quickly… or on your schedule.

Like we’ve mentioned, when you work with us there are no fees and no commissions… like there are when you list your house with an agent. What this means to you is you don’t have to worry about extra costs, having to come out of pocket to sell your house fast, or even getting your house ready for a sale (we’ll buy your house as-is).

Don’t worry about repairing or cleaning up your property. We’ll buy your house in as-is condition… no matter how ugly or pretty it is… no matter the location.

The Memphis Sellers We Can Help The Most Are Often In One Of These Situations…

If you answer “yes” to any of these questions below, let’s chat!

  • Are you going through foreclosure
  • Do you own an unwanted property?
  • Frustrated with the hassles of tenants?
  • Do you own a vacant property?
  • Did you inherit an unwanted property?
  • Do you need to relocate quickly?
  • Do you want to avoid listing your house and don’t want to pay realtor commissions?
  • Are you going through a divorce?
  • Do you own a “fixer-upper” that you don’t want to fix up?

Check out how our process works, how it compares to listing with a local real estate agent, and reviews from other clients who have worked with us here in the local area.

If you want to sell your house, just fill out the quick form below. Or give us a call right now at (901) 446-2975.

What does “as-is” mean?

We buy your Memphis home in as-is condition… meaning you don’t have to worry about doing repairs, fixing your home up, or getting it ready for showings. We’ll handle all repairs, inspections, etc. after we purchase your home. We’ll factor this into our offer, of course, but it saves you the money and the headache associated with getting your home ready to sell.

What does “all-cash offer” mean?

All cash means exactly that – all cash! Because we are real estate investors who are purchasing your home directly, we don’t rely on traditional financing like retail homebuyers. When you sell to us, there’s no risk of financing falling through or closing being delayed. When we make you an offer, that’s the full amount you’ll receive if you sell us your Memphis home.

How “fast” is a “fast closing?”

After you send us information about your home, we can make you a no-obligation, fair-cash offer in as little as 24 hours. After that, we can close at a local, reputable title company in as little as 7 days. Compare that to the 30+ days it can take to close when listing your house the traditional way, and the benefits are obvious!

What if I don’t need a “fast closing?”

At We Buy Houses Midsouth, we work on your time frame. If you don’t need a fast closing due to the need to make arrangements, explore your future options, etc – we can schedule the closing on the day that works best for you!

Will I get a low-ball offer?

Our goal is to provide you with the most fair offer possible. Unlike other buyers or the big tech giants, we’re transparent with how we arrive at an offer amount. What we offer is based on what the value of the property may be once we make the necessary improvements and upgrades. We’re entirely transparent with this offer process and happy to walk you through how it works.

Is this even legit?

Yes – the real estate industry is rapidly changing, and thousands of Americans are exploring their options when it comes to selling their house the fastest, easiest, and most transparent way. That’s where we come in. We offer an alternative for those who may not have the time or ability to list their house on the market for top dollar. We’ll work with you to assess your situation, make you a transparent all-cash offer and close on your timeline.