We Buy Houses East Ridge: Top 4 Companies
- Published on
- 15 min read
- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
What you’ll learn about We Buy Houses companies in East Ridge:
- We Buy Houses companies in East Ridge offer an easy way to sell your home for cash in days, not months.
- Compared to the traditional market, these companies pay below-market value in exchange for a quick and easy sales process.
Selling your home for cash can be a great option when you’re pressed for time or money and just need to sell your home and move on.
Do you need to sell your home quickly in East Ridge? “We Buy Houses” companies in East Ridge make all-cash offers, often for homes that need repairs or updates. If you’re facing a sudden life change or don’t have the time or money to prep your house for the market, a cash sale could help you move forward faster.
This post will cover the pros and cons of working with a house-buying company in East Ridge. You’ll also find a list of local companies, plus other fast-sale options that might fit your needs.
Working with house-buying companies in East Ridge
Need to sell your East Ridge home fast without the usual headaches? House-buying companies offer a quick and straightforward option, especially if your home needs repairs or you’re short on time. These companies make cash offers and can often close in just days.
Here’s how the process typically works:
- You contact a house-buying company and share some basic information about your property.
- The company evaluates your home and sends a no-obligation cash offer, usually within 72 hours.
- If you accept the offer, you’ll sign a purchase agreement.
- The company handles the paperwork and sets up closing.
- You receive your cash—often within one to two weeks.
Pros and cons of house-buying companies in East Ridge
Selling to a house-buying company in East Ridge can be a convenient solution, especially if you need to move fast or your home needs repairs. But like any selling method, it comes with trade-offs. Here’s a quick look at the pros and cons to consider.
Pros of selling to a house-buying company in East Ridge
- Fast closing: Many house-buying companies can finalize your sale within a week or two, making this an ideal option if you need to move quickly. For example, selling through an East Ridge agent might take around 102 days (average days to close loan + average days on market (55 days) in East Ridge.)
- Buys homes as-is: These companies purchase homes as-is, meaning you don’t have to spend time or money on repairs, staging, or cleaning.
- No financing delays: Since buyers pay in cash, you won’t have to worry about contingencies or loan approvals slowing down the process.
- Minimal effort required: There are no showings, open houses, or negotiations—just a straightforward offer and quick sale.
Cons of selling to a house-buying company in East Ridge
- Lower sale price: You will likely receive an offer that is below market value, meaning you could walk away with less money than if you sold with an agent. Most We Buy Houses companies use the 70% rule to determine their offering, meaning they will offer you about 70% of your home’s after-repair value minus their estimated repair costs.
- Example: If your East Ridge home is worth $275,000 and needs $30,000 in repairs, an offer might look like this: ($275,000 × 0.70) – $30,000 = $162,500
- In this example, an East Ridge We Buy Houses company might offer you around $162,500 for your home.
- Limited negotiation: Most house-buying companies present take-it-or-leave-it offers, giving you little room to negotiate a better price.
- Potential for scams: Not all cash buyers are reputable — some are scams that target desperate sellers with unfair deals or hidden fees.
- Fewer seller protections: Unlike a traditional home sale, these transactions typically favor the buyer and offer fewer contractual safeguards for the seller.
It’s also worth noting that a top East Ridge real estate agent might be able to get you more value for your home than a cash offer.
For example, after factoring in potential closing costs, agent commissions, and market preparations, an agent might help you walk away with $259,875 for the same home as listed above.
Your situation matters
The best option for you depends on your home’s condition, repair needs, and selling goals. Cash buyers can be a good fit if time is a priority, but selling with a real estate agent may yield a higher price.
Proper vetting of any company you might enter into a major transaction with, like selling your home, is important.
HomeLight suggests you consult with an experienced local agent to understand better what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in your market.
You can also use HomeLight’s Home Value Estimator to make an initial ballpark estimate in less than two minutes.
Why sell your East Ridge house for cash?
Sometimes life doesn’t leave you much time to prepare a home for sale. If you’re dealing with personal, financial, or property-related challenges, selling your East Ridge house for cash can provide relief and a faster way forward.
Common scenarios where a cash sale might make sense
- Foundation issues: Your home has structural damage or foundation problems that turn away traditional buyers.
- Downsizing: You’re ready to simplify your life or retire and want a fast move to a smaller home or retirement community.
- Problem tenants: You own a rental property and no longer want to deal with uncooperative or disruptive tenants.
- Open house stress: You don’t want to deal with showings or keep your home spotless for open houses.
- Selling from a distance: You live out of state and don’t want to travel back and forth to sell your East Ridge home.
- Inherited home: You’ve inherited a property and prefer a quick sale over managing repairs or listing duties.
- Foreclosure risk: You’re falling behind on payments and want to sell fast to avoid foreclosure.
- Divorce: You and your former partner want to divide assets and move on without the delays of a traditional sale during a divorce.
- Major repairs: Your house needs expensive work, and you’d rather sell than invest in costly repairs.
- Job relocation: You need to sell your home quickly to move for a new job opportunity.
A cash sale can also be a practical route if you need to sell your parent’s home and want to simplify the process. Whether your goal is speed, convenience, or avoiding stress, a house-buying company could be a useful option—as long as you understand the trade-offs.
Popular We Buy Houses for Cash companies in East Ridge
If the process of selling to a house-buying company in East Ridge sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ Ranch or Bungalow. By selling to one of these companies, you should be able to sell your East Ridge home in as little as a week or two.
TN HomeBuyers
TN HomeBuyers specializes in buying various types of residential real estate, including single-family houses, condos, townhouses, and multifamily houses.
Locations: Statewide
Closing costs: Sellers pay no closing costs; TN HomeBuyers structures an offer so there are no out-of-pocket expenses.
TN HomeBuyers has been BBB accredited since 2004 and holds an A+ rating. On Google, TN HomeBuyers holds an average of 4.5 stars.
Website: 299cash.com
Phone number: 615-299-5525
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in East Ridge (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 U.S. 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 East Ridge.
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 East Ridge
Closing costs: HomeLight does not charge prep costs, agent commissions, or fees. 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
New Horizon Home Buyers
New Horizon Home Buyers is a family-owned home-buying company offering a faster and easier approach to selling houses. It also donates 5% of its profits to local organizations supporting individuals experiencing homelessness.
Locations: All over the United States, including Tennessee.
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers structure an offer so there are no out-of-pocket expenses.
New Horizon Home Buyers has been BBB accredited since 2004 and holds an A+ rating. On Google, the company holds an average of 4.9 stars.
Website: newhorizonhomebuyers.com
Phone number: 423-509-8393
My Tennessee Home Solution LLC
My Tennessee Home Solution prioritizes customer service and communicates consistently throughout the process. It provides cash offers and can potentially close deals within 14 days.
Locations: Statewide
Closing costs: Sellers pay no closing costs; My Tennessee Home Solution LLC covers them.
My Tennessee Home Solution is a BBB-accredited company with an A rating. hold a 5.0-star Google rating from more than 100 reviews.
Website: mytennesseehomesolution.com
Phone number: 615-933-5431
Other options to sell your East Ridge home quickly
While house-buying companies are one fast-sale option, they’re not the only path. Here are two other routes to consider if you need to sell your East Ridge home quickly.
iBuyers
iBuyers, or instant buyers, use automated valuation models to generate fast, all-cash offers—usually for homes in good condition. The iBuyer process is mostly online and can close in a few days to two weeks. Companies like Opendoor and Offerpad often offer closer to market value, though they may charge service fees of 5%–6%.
Listing with an agent
Even if you’re in a hurry, a skilled real estate agent might still get your home sold fast—especially in a strong market. A top agent can provide a comparative market analysis (CMA), often free, to help you price your home right. In some cases, they may even connect you with a cash buyer.
As a reminder, a trusted real estate agent can almost always get you an amount for your home that is much closer to market value than selling to a We Buy Houses company. Where a WBH company might purchase your $275,000 home for $162,500, an agent might be able to get you near-market value—around $258,875.
That’s over $97,000 more than selling for cash.
If you want to work with a professional to sell your property, HomeLight can connect you with a top-performing agent to explore your best-selling options.
Final thoughts
- Cash sales offer speed: If you need to sell quickly, a house-buying company in East Ridge can often close in as little as a week or two.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
- You can skip repairs: These companies typically buy homes as-is, saving you time, money, and the hassle of fixing things up.
- Expect a lower offer: Convenience comes at a cost—you’ll likely get less than market value compared to listing with an agent.
- Not all buyers are equal: Some companies are more reputable than others, so do your research before signing anything.
- There are other fast options: iBuyers and real estate agents might also offer a quick sale, sometimes with a better return.
- An agent can guide you: A local expert can help you understand your home’s value and how it might perform on the open market.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top East Ridge agent.
Editor’s note: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of East Ridge area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (Elenaferns-photo / Deposit Photos)