We Buy Houses La Vergne, TN: Top 4 Companies
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Joseph Gordon EditorJoseph 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 house fast in La Vergne, TN, you might consider working with a We Buy Houses company. These businesses make all-cash offers for homes, including those that may need significant repairs. A quick cash sale can be a good option if you don’t have the time, money, or energy to invest in fixing up your property.
Whether you’re facing an unexpected situation, like a job relocation or financial strain, or you simply want to move on with your plans, selling to a cash-for-homes company could provide the solution you need.
In this guide, we’ll explore how these companies work, weigh the pros and cons, and help you decide if a cash sale in La Vergne is the right choice for you.
Sell Your House Fast in La Vergne With a Cash Offer
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of La Vergne area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in La Vergne
Working with a house-buying company in La Vergne can provide a fast and straightforward way to sell your home. Here’s an easy-to-follow breakdown of how the process typically works:
1. Contact the company: Reach out to a local We Buy Houses company through their website or by phone, sharing basic details about your property.
2. Schedule a home visit: The company will arrange a time to see your home in person or virtually to assess its condition.
3. Receive an offer: After evaluating your property, the company will present you with an all-cash, no-obligation offer.
4. Review the agreement: Carefully read the purchase agreement to understand the terms and ensure it meets your needs.
5. Accept the offer: If you agree to the terms, sign the contract to move forward with the sale.
6. Close the sale: Work with the company to schedule a quick closing, often within days, and collect your cash payment.
Popular We Buy Houses for Cash companies in La Vergne
If the process of selling to a house-buying company in La Vergne 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’ Farmhouse or Ranch home. By selling to one of these companies, you should be able to sell your La Vergne home in as little as a week or two.
TN HomeBuyers
TN HomeBuyers buy houses directly from sellers, offering cash offers and flexible closing dates. The company specializes in buying various types of residential real estate, including single-family houses, condos, townhouses, and multifamily houses.
Locations: All over Tennessee.
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, clients rate TN HomeBuyers with great reviews and 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 La Vergne (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 La Vergne.
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 La Vergne
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
My Tennessee Home Solution LLC
My Tennessee Home Solution is a team of army veterans offering real estate solutions, established in 2020. It focuses on as-is property purchases. It aims to help sellers avoid renovations and buyer searches. My Tennessee Home Solution offers cash, potentially closing deals within 14 days.
Locations: All over Tennessee
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. It also holds a 5.0-star Google rating from more than 100 reviews.
Website: mytennesseehomesolution.com
Phone number: 615-933-5431
Integrity House Buyers
Integrity House Buyers, based in Clarksville, offers an alternative to traditional property selling methods. They cater to homeowners seeking solutions for various situations, including foreclosure or burdensome properties.
Locations: Throughout Tennessee.
Closing costs: Sellers pay no closing costs; Integrity House Buyers structures an offer so there are no out-of-pocket expenses.
Integrity House Buyers has been BBB accredited since 2022 and holds an A+ rating. On Google, they hold a 4.9-star rating.
Website: buyerswithintegrity.com
Phone number: 931-213-6951
Why sell your La Vergne house for cash?
When you need to sell your home and time is a factor, selling for cash is a great way to cut through the red tape and headaches of a traditional home sale.
In La Vergne, it typically takes around 91 days to sell a home on the market using an agent. That includes an average of 47 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 La Vergne, 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.
Here are some common scenarios where this option could work well:
- Job relocation: You’ve landed a new job in another city and need to sell your home quickly to start fresh.
- Divorce: A cash sale can simplify the process of dividing assets during a difficult separation.
- Inherited property: If you’ve inherited a house you don’t want to keep, selling for cash can provide a hassle-free solution.
- Downsizing: A fast cash sale allows you to transition smoothly to a smaller home or retirement community.
- Major repairs: If your home needs extensive repairs, a cash buyer can purchase it as-is, saving you time and money.
- Avoiding open houses: You want to bypass the inconvenience and stress of staging and hosting open houses.
- Foundation issues: Selling to a cash buyer helps you avoid expensive fixes for major foundation problems.
- Foreclosure: A cash sale may be your best option to stop or avoid foreclosure.
- Problematic tenants: Selling your rental property with tenants still in place can be easier with a cash-for-homes company.
- Selling from out of state: If you’re managing a sale remotely, a cash buyer can simplify the process.
Pros and cons of house-buying companies in La Vergne
Working with a house-buying company in La Vergne comes with clear advantages and disadvantages. While these companies can provide a quick, hassle-free sale, there are also some trade-offs. Below, we break down the pros and cons to help you decide if this option is right for you.
Pros of selling to a house-buying company
The biggest benefits of selling to a house-buying company in La Vergne are the speed of the transaction and the ability to sell your house as-is without making repairs or preparations. Here are additional advantages to consider:
- Fast closing timeline: Cash buyers can often close the deal in as little as a week, helping you move forward quickly.
- Sell as-is: You don’t need to make repairs or updates because the buyer purchases the home as-is.
- No staging or showings: Skip the hassle of preparing your home for open houses and keeping it show-ready.
- No contingencies: These buyers typically offer deals without contingencies, so there’s no risk of the sale falling through.
Cons of selling to a house-buying company
The most significant downside to selling to a house-buying company in La Vergne is that you’ll likely receive an offer that’s below market value. Here are additional drawbacks to weigh:
- Lower offers: Expect a cash offer to be less than what you might earn selling on the open market.
- Potential for scams: Some companies operate unethically. It’s essential to be cautious and avoid scams.
- Limited negotiation: Offers are typically take-it-or-leave-it, leaving no room for adjusting the price.
- No agent support: You won’t have the guidance or expertise of a real estate agent to help maximize your sale.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
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 La Vergne home quickly
iBuyers
iBuyers offer a fast, mostly online way to sell your home using automated valuation models. Companies like Opendoor and Offerpad provide all-cash offers closer to market value, typically for homes in good condition. They charge service fees of 5%-6%, and the process typically takes a few days to two weeks.
Listing with an agent
If your home is in good condition and located in a seller-friendly market, listing with a real estate agent could yield a fast sale at a higher price. A trusted agent can provide a comparative market analysis—often free—to help you set the right price and potentially connect you with cash buyers. HomeLight can connect you with a top-performing agent in La Vergne to explore this option.
FAQs on La Vergne house-buying companies
By and large, most We Buy Houses for Cash companies in La Vergne 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 La Vergne 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 La Vergne Farmhouse 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 La Vergne 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 La Vergne 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.
1. Research and vet the house-buying companies that serve your La Vergne area. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Weigh the pros and cons and choose the best option for you.
5. 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 La Vergne vs. top La Vergne 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 La Vergne | Sell with a top Realtor in La Vergne |
| Selling timeline | 7 to 30 days | 91 days average;44 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 La Vergne is worth about $390,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $415,000.
| Sell to a We Buy Houses for Cash company in La Vergne | Sell with a top Realtor in La Vergne | |
| Estimated sale price | ($475,000 x .70) – $25,000 = $265,500 | $390,000 |
| Market preparations | 0 | $3,900 (1% of sale price) |
| Agent commissions | 0 | $11,700 (3% of sale price) |
| Closing costs | 0 | $5,850 (1.5%) |
| Estimated take-home for seller | $265,500 | $368,550 |
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-for-homes companies buy quickly: These companies offer a fast sale option, often closing in a week or two, which can be ideal for urgent situations.
- Homes are sold as-is: You can skip repairs and updates since cash buyers purchase homes in their current condition.
- Offers are often below market value: Cash-for-homes companies typically pay less than what you’d earn selling on the open market.
- No showings or staging needed: You can avoid the hassle of preparing your home for open houses or keeping it ready for buyer visits.
- Limited negotiation: Offers from house-buying companies are usually firm, with little room to adjust the price.
- 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 La Vergne agent.
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