We Buy Houses Gulfport, MS: Top 4 Companies
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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.
If you need to sell your Gulfport home quickly, a We Buy Houses company could be a great option. These companies make all-cash offers on homes in any condition, allowing you to skip repairs, showings, and a lengthy closing process.
A fast cash sale can be helpful if you’re facing a major life change, such as a job relocation, pending foreclosure, or inheriting a property.
However, selling for cash has trade-offs. This guide will walk you through the pros and cons, how to vet buyers, and alternative fast-sale options so you can decide what’s best for your situation.
Working with house-buying companies in Gulfport
Selling your house to a Gulfport We Buy Houses company is designed to be a simple, fast process. If you’re considering this route, here’s what to expect:
- Reach out for an offer: Contact a local cash buyer and provide basic details about your property.
- Schedule a home assessment: The company may visit or assess your home remotely to determine an offer.
- Receive a cash offer: You’ll get a no-obligation offer, typically within 24-48 hours.
- Review the terms: Read the purchase agreement carefully before deciding whether to accept.
- Choose a closing date: If you accept, the buyer will arrange a fast closing—often in as little as a week.
- Get paid: On closing day, you’ll sign the final paperwork and receive your payment.
Popular We Buy Houses for Cash companies in Gulfport
If the process of selling to a house-buying company in Gulfport 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’ Craftsman or Ranch. By selling to one of these companies, you should be able to sell your Gulfport home in as little as a week or two.
MS Home Buyers
MS Home Buyers is a family-owned house-buying company that provides solutions for homeowners facing foreclosure, divorce, a run-down or vacant property, and other difficult situations that require a fast cash sale. Closing takes place in only seven days or on the seller’s time frame, sometimes on the very same day. Other services include lease options and owner-financing programs.
Locations: Statewide
Closing costs: Sellers pay no closing costs; MS Home Buyers covers them.
MS Home Buyers has been BBB accredited since 2022 and holds an A+ rating. The company has a 5.0 Google review rating.
Website: cashhomesms.com
Phone number: 601-336-1835
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Gulfport (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 Gulfport.
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 Gulfport
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
Atlas Property Investors
Founded in 2020, Atlas Property Investors is a relative newcomer to the Mississippi cash home-buying landscape. The company states that its three key pillars are “integrity, teamwork, and helping others.” After conducting a professional home inspection of the property, Atlas Property Investors presents an offer that is “transparent and fair.” Closing occurs within 10 days.
Locations: Statewide
Closing costs: Sellers pay no closing costs; Atlas Property Investors covers them.
Atlas Property Investors has been BBB accredited since 2022 and holds an A+ rating. It also holds 4.5 stars on Google. One complaint notes that Atlas Property Investors reduced the price after the inspection even though the contract had been signed.
Website: atlaspropertyinvestors.com
Phone number: 601-202-5183
BiggerEquity
BiggerEquity is a nationwide house-buying company that began operations in 2016. The The company says it can make a cash offer in as little as seven minutes and can close in as few as seven days. They provide a variety of additional services, including arranging relocation to a new home, preventing foreclosure, legal assistance, and credit counseling.
Locations: Statewide
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
BiggerEquity has been BBB accredited since 2018 and holds an A+ rating as well as 4.8 stars on Google. They commend the company for its professionalism, integrity, and accessibility. BiggerEquity operates in all 50 states, so local reviews may vary by office location.
Website: biggerequity.com/mississippi
Phone number: 866-333-8377
Why sell your Gulfport house for cash?
There are plenty of valid reasons a Gulfport home seller may choose to work with a Cash-For-Homes company. Speed, certainty, and remarkable convenience are some of the most commonly cited reasons.
In Gulfport, it typically takes around 81 days to sell a home on the market using an agent. That includes an average of 37 days on the market plus the typical 44 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 Gulfport, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Sometimes, a traditional home sale isn’t the best fit. Here are common scenarios where selling for cash could be a practical solution:
- Job relocation: You need to sell your home quickly to move for a new job opportunity.
- Divorce: Selling your home fast allows for a cleaner split and financial closure in a divorce settlement.
- Inherited property: You’ve inherited a house and prefer to sell quickly rather than manage an inherited home.
- Downsizing: A smaller home better suits your current lifestyle, and you want to sell with minimal effort as part of your downsizing plan.
- Major repairs: Your home needs costly fixes that you can’t or don’t want to deal with, making an as-is sale more practical.
- Avoiding open houses: You’d rather sell discreetly and skip the hassle of hosting open houses.
- Foundation issues: Your property has structural concerns, such as cracks or settling, making it difficult to sell with foundation problems.
- Foreclosure risk: You need to sell fast to avoid a financial setback and protect your credit from foreclosure.
- Tenant complications: You own a rental but no longer want to deal with tenants, prompting you to sell your tenant-occupied property.
- Selling from out of state: You live elsewhere and need a simple process to sell your out-of-state home.
Pros and cons of house-buying companies in Gulfport
Selling to a cash buyer offers speed and convenience, but it’s not the right choice for everyone. Here’s what you need to know:
Pros of selling to a house-buying company
- Fast closing: Most companies can close in as little as a week, eliminating long waits.
- Sell as-is: You don’t need to make repairs or updates before selling. Learn more about selling a house as-is.
- No contingencies: Buyers won’t require financing, inspections, or appraisal contingencies. Read more about contingencies in real estate.
- Simple process: No listings, showings, or traditional buyer negotiations.
Cons of selling to a house-buying company
- Below market value: Offers are typically lower than what you’d get on the open market. See how much house-buying companies pay for homes.
- Scam risks: Not all companies operate with integrity, so watch out for home-buying scams.
- Limited buyer competition: Selling on the market can attract multiple buyers, possibly leading to higher offers.
- Fewer negotiation options: Most cash-buying companies offer take-it-or-leave-it pricing, leaving little room for price negotiations.
Vet cash buyers and know your home’s worth
Not all We Buy Houses companies operate with the same level of integrity. Before accepting a cash offer, take these steps to ensure you’re working with a reputable buyer:
- Check online reviews: Search for company reviews on Google, Yelp, and the Better Business Bureau to spot red flags or complaints.
- Look for testimonials: Read past seller experiences on the company’s website and third-party review sites.
- Verify business credentials: Ensure the company is legally registered and has a physical office or local presence.
- Ask for proof of funds: A legitimate buyer should provide documentation showing they can cover the purchase.
- Read the contract carefully: Before signing, review the agreement to check for hidden fees or unfavorable terms.
- Compare your options: Get multiple offers and assess what your home could sell for on the open market.
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 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 get an initial ballpark estimate in less than two minutes.
Other options to sell your Gulfport home quickly
If selling to a cash-buying company isn’t the right fit, there are alternative ways to sell your Gulfport home quickly:
iBuyers
iBuyers, like Opendoor and Offerpad, provide all-cash offers, often closer to market value, for homes in good condition. They use automated valuation models to estimate your home’s worth and can close in as little as two weeks. However, they often charge service fees of 5%-6%. Learn more about the iBuyer process.
Listing with a top agent
In a strong seller’s market, listing with a real estate agent can result in a fast sale and a higher price. A top agent can strategically price and market your home to attract serious buyers quickly.
- You’ll get a comparative market analysis (CMA) to determine a competitive listing price.
- Many agents provide CMAs often free to help you gauge your home’s value.
- A top agent may even connect you with local cash buyers willing to pay closer to market value.
If you’re interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Gulfport house-buying companies
By and large, most We Buy Houses for Cash companies in Gulfport 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 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 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 Gulfport We Buy Houses for Cash 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 Gulfport [common type of house in the region] 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 Gulfport 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 Gulfport We Buy Houses for Cash 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 for Cash 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 your Gulfport area. 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 for Cash in Gulfport vs. top Gulfport agent
Another helpful exercise is to compare how a We Buy Houses for Cash 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 for Cash company in Gulfport | Sell with a top Realtor in Gulfport |
Selling timeline | 7 to 30 days | 81 days average; 37 to attract an offer, 44 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 | 3%-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 for Cash company and an agent-assisted sale.
Let’s say your home in Gulfport is worth about $400,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $425,000.
Sell to a We Buy Houses for Cash company in Gulfport | Sell with a top Realtor in Gulfport | |
Estimated sale price | ($425,000 x .70) – $25,000 = $272,500 | $400,000 |
Market preparations | 0 | $4,000 (1% of sale price) |
Agent commissions | 0 | $12,000 (3%) |
Closing costs | 0 | $6,000 (1.5%) |
Estimated take-home for seller | $272,500 | $378,000 |
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
- Cash buyers provide speed and convenience: If you need to sell quickly, a We Buy Houses company can close in days, not months.
- You can sell as-is: Cash buyers purchase homes in any condition, eliminating the need for repairs or upgrades.
- Expect a lower offer: Most cash-buying companies pay below market value for homes.
- Not all cash buyers are reputable: Watch out for scams and vet companies carefully before accepting an offer.
- Other fast-sale options exist: iBuyers and top agents can provide alternative solutions with competitive offers.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
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 Gulfport 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 Gulfport area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (imphot / Deposit Photos)