5 of the Top We Buy Houses for Cash Companies in Clarksville
- Published on
- 15 min read
- Kelsey Morrison Former HomeLight EditorCloseKelsey Morrison Former HomeLight Editor
Kelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
If you’re looking to sell a home in Clarksville, Tennessee, that’s outdated or needs work, competing with all the new construction single-family homes and townhomes can be tough. Instead of spending money on repairs and staging, you might consider selling your home for cash to a “We Buy Houses” company in Clarksville.
These companies can also be a great option if you’re on a short timeline and need to sell quickly due to a job relocation or pending divorce. Closing can happen in a few days to a couple of weeks, and the service often comes at no cost to sellers. The downside is that offers tend to be below market value, so you could potentially get more money by selling the traditional way.
In this article, we’ll weigh the pros and cons of selling to a “We Buy Houses” company in Clarksville. We’ll also highlight some of the most credible companies serving Middle Tennessee and share alternative methods for a speedy home sale. Understanding all of your options will help you make an informed decision that aligns with your situation and selling goals.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Clarksville area “We Buy Houses” companies should not be considered an endorsement.
Working with We Buy Houses companies in Clarksville
If you’re a homeowner in Clarksville looking to sell quickly, working with a house-buying company could streamline your sale — no open houses or back-and-forth negotiations required. Here’s a simple overview of the process:
- Contact the company: Reach out to a local “We Buy Houses” company in Clarksville. Provide basic details about your property to get the process started.
- Receive an offer: Typically, within 24–48 hours, the company will assess your home’s value and present a cash offer based on its current condition.
- Accept the offer: If the offer fits your needs, you can accept it right away.
- Verify company credentials: Ensure that the company is legitimate and has a good track record in Clarksville. This helps protect you from scams.
- Close the sale: The company usually handles the closing process, which can often be completed in as little as a week.
- Receive your money: Once everything is finalized, you receive the full cash amount, typically via wire transfer or check.
Popular We Buy Houses companies in Clarksville
Interested in selling your Clarksville home fast and hassle-free? Before you dive in, you’ll want to make sure you’re partnering with a reputable house-buying company.
We’ve compiled a list of some of the top companies that will pay cash for your parents’ brick-clad ranch or contemporary-style home. By selling to one of these companies, you should be able to sell your Clarksville home in as little as a week or two.
My Tennessee Home Solution
Established in 2020, My Tennessee Home Solution is a veteran-owned and operated home-buying business. They purchase single-family homes, land, and multifamily buildings, regardless of the condition or situation, throughout Middle Tennessee. To receive a no-obligation cash offer, simply fill out the form on their website or give them a call. If the offer fits your needs, you can proceed by choosing the closing date, which can be in as little as 7–10 days, or up to 60 days out.
Locations: Middle Tennessee, including Clarksville
Closing costs: Sellers pay no closing costs; My Tennessee Home Solution covers them.
My Tennessee Home Solution has been accredited by the Better Business Bureau (BBB) since 2022 and holds an A+ rating. They have a perfect 5-star rating on Google based on over 100 reviews. Former sellers give the employees high marks for their professionalism, honesty, and responsiveness. “The process was efficient and transparent,” reads a recent review. “I felt very comfortable and informed every step of the process, and we closed within the time frame they quoted me. There were no surprises.”
Website: mytennesseehomesolution.com
Phone number: 615-933-5431
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Clarksville (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the US. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Clarksville.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Clarksville
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
Integrity House Buyers
Integrity House Buyers is based in Clarksville and buys properties throughout Middle Tennessee. The owner is an Army veteran and has been investing in real estate since 2015. Sellers can receive a fair, all-cash offer within 24 hours of reaching out with information about their property. If both parties agree on the offer, closing can take place in as little as seven days, or according to the seller’s schedule. In most cases, Integrity House Buyers will even pay the seller’s closing costs.
Locations: Clarksville, Cumberland City, Pleasant View, and Springfield, Tennessee, as well as Hopkinsville, Kentucky
Closing costs: Integrity House Buyers will pay the seller’s closing costs in most cases.
Integrity House Buyers has been BBB-accredited since 2022 and holds an A+ rating. On Google, they boast a 4.9-star rating and are commended for their clear communication, genuine care, and no-pressure sales tactics. “[Anthony] was the first of many to actually treat me like a person rather than a number,” wrote a former seller. “It helped make the process so much easier, and I really felt valued. Within a few weeks (our timeline), we were out of our old house and into our new one.”
Website: buyerswithintegrity.com
Phone number: 931-213-6951
New Horizon Home Buyers
New Horizon Home Buyers is a family-owned home-buying company based in Chattanooga. They pay cash for houses, land, commercial properties, condos, townhomes, and apartments in any condition, in several cities across Tennessee. After touring the property in person, they will present you with a cash offer and go over it with you. From there, closing can occur in as little as seven days. Homes are purchased as-is, so there’s no need to do any repairs, cleaning, or junk removal.
Locations: Several cities in Tennessee, including Clarksville, plus cities in Alabama, Arkansas, Florida, Georgia, Indiana, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, and Texas
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers covers them.
New Horizon Home Buyers has been BBB-accredited since 2020 and holds an A+ rating. On Google, reviewers give the company an average of 4.9 stars. Clients of New Horizon Home Buyers appreciate the ease and professionalism that the team brings to the home-selling process. They also mention fair offers and smooth transactions. “I was in a difficult situation and needed to sell my house fast,” wrote a former seller. “New Horizon came to the rescue by closing the sale in 3 weeks. They were very professional and made the process easy for me.”
Website: newhorizonhomebuyers.com
Phone number: 615-622-1099
TN HomeBuyers
TN HomeBuyers has been in business for 20-plus years and has helped thousands of homeowners across Tennessee. They pay cash for various types of residential real estate, including single-family houses, condos, townhouses, and multifamily houses. Sellers can request an offer by filling out a form on their website or giving them a call. The company offers lightning-fast closings in as little as three days, and there are zero fees for the seller. They even offer a portion of the money in advance if you need it to cover moving costs, for example.
Locations: 26 cities in Middle Tennessee, including Clarksville
Closing costs: Sellers pay no closing costs; TN HomeBuyers covers them
TN HomeBuyers has been BBB-accredited since 2004 and holds an A+ rating. On Google, they’ve earned 4.5 stars based on over 300 reviews. Former sellers say that representatives from TN HomeBuyers stand out for their easy communication, organization, and honesty. “Ronnie guided my parents through every step of the selling process, addressing all their concerns and ensuring they got a great cash offer,” reads a recent review.
Website: 299cash.com
Phone number: 615-299-5525
Why sell your Clarksville house for cash?
Selling your house for cash in Clarksville can be an attractive option for many homeowners, especially if you’re facing situations where time and convenience are of the essence.
In Clarksville, it typically takes around 81 days to sell a home on the market using an agent. That includes an average of 39 days on the market plus the typical 42 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Clarksville, and it’s easy to see why these Cash-For-Homes groups are an attractive option, even though they don’t always pay top dollar for the homes they purchase.
Below are some scenarios where choosing a house-buying company could be particularly beneficial:
- Job relocation: If you’re moving for work and need a quick sale, a cash buyer can close fast, allowing you to focus on your new role.
- Divorce: During the often stressful times of separation, selling for cash can simplify the division of assets.
- Inherited property: If managing or maintaining an inherited home is overwhelming, selling for cash is a straightforward solution.
- Downsizing: Ready to move to a smaller home or a retirement community? Cash sales are quick and uncomplicated.
- Major repairs needed: Selling a home that requires extensive repairs like a new roof or foundation work? Cash buyers take homes as-is.
- Avoiding open houses: If you prefer not to have open houses, selling directly to a cash buyer eliminates that need.
- Foreclosure risk: If you’re at risk of foreclosure, a quick cash sale can help settle debts without further damaging your credit.
- Tenant issues: Selling a property with difficult tenants? Cash buyers often purchase rental properties regardless of tenancy status.
- Out-of-state seller: Selling from another state can be challenging; cash sales simplify the process without requiring your presence.
If you find yourself in any of these situations, a cash offer from a house-buying company in Clarksville might be the right choice for you. Nevertheless, selling a house is one of the most important financial transactions you’ll make in your lifetime, so it’s important to consider all the options available to you.
Pros and cons of house-buying companies in Clarksville
When considering a house-buying company in Clarksville, it’s essential to weigh both the benefits and drawbacks. Among the benefits are the speed of the transaction and the ability to sell your home in its current condition. The biggest potential drawback is that you might receive an offer below market value for your home. Here’s a rundown of the pros and cons of this arrangement:
Pros
- Quick sale: Offers are usually made quickly, often within a day or two, leading to a fast closing process.
- No repairs needed: You can sell your home as-is without the need for renovations or repairs, which can be costly and time-consuming.
- No real estate agents: Avoiding real estate agent fees can save you a significant amount of money.
- Simple process: The sales process is straightforward, with fewer steps and contingencies, reducing stress and complexity.
Cons
- Lower offers: Offers from these companies are typically below the current market value, as they need to profit from the eventual resale.
- Limited negotiation: The offer you receive is often “take it or leave it,” with little room for negotiation.
- Potential for scams: Always verify the company’s credibility, as scams are not uncommon in the cash-for-homes industry.
- Financial implications: Selling below market value can have significant financial consequences, especially if you rely on home equity.
Vet cash buyers and know your home’s worth
When you decide to sell your Clarksville home to a cash buyer, the level of integrity and service you encounter can significantly vary. The character and credibility of the company or individual making the offer will largely determine your experience.
Before you commit to any cash offer, thoroughly vet the buying company. Check online reviews, read testimonials from previous clients, and research their track record in the local market. This due diligence can protect you from an unfavorable outcome. Additionally, make sure to read the buying agreement carefully to understand all the terms and conditions before signing on the dotted line.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare it to your cash offer. HomeLight can connect you with a top-performing agent in Clarksville. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Clarksville home quickly
iBuyers
iBuyers, or instant buyers, utilize automated valuation models (AVMs) to make quick, all-cash offers on homes, often closer to market value. The process is efficient, taking just days to a couple of weeks. iBuyers tend to seek out homes in good condition, located in areas with homogenous housing stock. While companies like Opendoor and Offerpad provide a smooth, mostly online experience, they typically charge service fees of 5%–6%.
Listing with an agent
Selling through a real estate agent might take longer, but it can yield higher prices, especially in a seller’s market like Clarksville. Agents can help strategically price and market your property and offer a comparative market analysis (CMA) that is often free. This analysis helps set a competitive list price, increasing the potential for a quick sale. Experienced agents might also leverage their networks to connect you with cash buyers willing to pay close to market value. If you’re interested in exploring this option further, HomeLight can put you in touch with two or three top-performing agents in Clarksville.
FAQs on Clarksville house-buying companies
By and large, most We Buy Houses for Cash companies in Clarksville are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a solid track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check out customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Clarksville “We Buy Houses” companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your builder-grade home in Clarksville could sell for $350,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, a Clarksville “We Buy Houses” company might offer you around $215,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than “We Buy Houses” companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Clarksville “We Buy Houses” company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because “We Buy Houses” companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve Clarksville. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses Clarksville vs. top Clarksville agent
Another helpful exercise is to compare how a “We Buy Houses” company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
Aspect of the sale | Sell to a We Buy Houses company in Clarksville | Sell with a top Realtor in Clarksville |
Selling timeline | 7 to 30 days | 81 days average; 39 to attract an offer, 42 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
Showings | None | 10 to 25 showings average |
Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-For-Homes companies often handle title issues | Must clear title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 5.8% average |
Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a “We Buy Houses” company and an agent-assisted sale.
Let’s say your home in Clarksville is worth about $225,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $250,000.
Sell to a We Buy Houses company in Clarksville | Sell with a top Realtor in Clarksville | |
Estimated sale price | ($250,000 x .70) – $25,000 = $150,000 | $225,000 |
Market preparations | 0 | $2,250 (1% of sale price) |
Agent commissions | 0 | $13,050 (5.8% of sale price) |
Closing costs | 0 | $3,375 (1.5%) |
Estimated take-home for seller | $150,000 | $206,325 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Selling your home to a “We Buy Houses” company in Clarksville offers a quick and hassle-free sale, especially if you’re in a time crunch.
- You can sell your property in its current condition, avoiding the cost and time of making repairs.
- Remember, these companies often offer less than the market value of your home. That’s why it’s important to know your home’s worth.
- Thoroughly check the credibility of the house-buying company to avoid scams and ensure a fair deal.
- HomeLight’s Simple Sale platform presents no-obligation, all-cash offers for homes in any condition in Clarksville, connecting you with various investors, making it an ideal starting point for uncertain sellers.
If you’re thinking about working with a cash-for-homes company, don’t jump in without exploring all your options. Gather multiple offers and chat with a top Clarksville real estate agent. They can give you expert advice on how fast you might sell traditionally and for what price. HomeLight is here to connect you with the resources you need to make the best decision for your situation — whether you’re looking for a seasoned real estate agent or a pre-vetted cash buyer.
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