We Buy Houses Crossville, TN: Top 4 Companies
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- 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.
If you need to quickly sell your home in the Volunteer State, you may be considering “We Buy Houses” Crossville, TN companies. These businesses offer all-cash deals for properties that may need repairs or updates, allowing you to skip the traditional home-selling process.
Selling to a cash buyer could be a great fit if your home needs work or if you don’t have the time or budget to make improvements. A cash sale can also be a lifesaver when time is a factor.
In this post, we’ll cover the pros and cons of selling your Crossville home to a house-buying company, explain how it works, and give you the tools to feel confident in making the best decision for your property.
Working with house-buying companies in Crossville
A cash sale through a house-buying company in Crossville can be completed quickly and with minimal hassle. These businesses handle most of the paperwork and often buy homes in any condition. Here’s an outline of the process of selling your house for cash:
- Contact the company: Reach out to a local house-buying company, either by phone or online.
- Share your property details: Provide information about your home, such as its condition and location, to get an initial offer.
- Schedule a home evaluation: The company may request a walkthrough or evaluation to assess the property’s condition.
- Receive a cash offer: After reviewing your property, the company will present a no-obligation, take-it-or-leave-it offer.
- Accept the offer: If the offer works for you, you can move forward with the sale.
- Close quickly: Finalize the deal and receive your payment, often within a matter of days.
Popular We Buy Houses for Cash companies in Crossville
If the process of selling to a house-buying company in Crossville 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’ property, whether that’s a ranch or a bungalow.
By working with one of these companies, you should be able to sell your Crossville home in as little as a week or two.
New Horizon Home Buyers
New Horizon Home Buyers provides a simple, hassle-free option for Tennessee homeowners looking to sell quickly. It buys residential properties in any condition and works with sellers in all kinds of situations, from those dealing with financial difficulties to those making a sudden relocation. The team delivers personalized cash offers within 24 hours and lets sellers choose their preferred closing date.
Locations: Throughout Tennessee, including Crossville, and other states, such as Alabama, Georgia, Arkansas, South Carolina, North Carolina, Florida, and Texas
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers covers them.
Known for its commitment to ethical standards, New Horizon Home Buyers has been accredited by the Better Business Bureau (BBB) since 2020 and now maintains an A+ rating. On Google, clients give the company an average of 4.9 stars.
Clients say the company offers a welcoming, supportive experience that feels more like working with family. They focus on finding the best solutions for each situation and keep communication clear and respectful. Many appreciate the fair pricing and smooth process, noting how easy it is to work with such a friendly, reliable team.
Website: newhorizonhomebuyers.com
Phone number: 615-622-1099
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Crossville (and across the country) can request a cash offer for their home. It features one of the largest networks 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 Crossville. With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Crossville
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has been BBB accredited since 2019 and now maintains an impressive 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
TN Homebuyers
TN Homebuyers has been helping homeowners throughout Nashville and Middle Tennessee since 2002. With years of expertise in buying homes as-is, they remove the stress of costly repairs and lengthy prep work.
The team delivers customized, all-cash offers within five minutes and can close in as little as three days. Their process is built around each seller’s timeline, making it a fast and flexible alternative to traditional home sales.
Locations: Throughout Tennessee, including Crossville
Closing costs: Sellers pay no closing costs; TN HomeBuyers covers them.
Respected for principled business conduct, TN HomeBuyers has been BBB accredited since 2004 and holds an A+ rating. Its Google Business Profile reflects a high average review score of 4.5 out of 5 stars.
TN Homebuyers earns consistent praise for its professional approach and prompt service. Past customers often mention how easy and stress-free the process felt, thanks to the team’s clear updates and thorough guidance. Sellers appreciate the dependable support throughout the transaction and commend the company’s care in managing every detail.
Website: 299cash.com
Phone number: 615-299-5525
Dignity Properties
Dignity Properties is a trusted home-buying company serving homeowners across Tennessee. It makes the process simple with fair, all-cash offers delivered within 24 hours. Homeowners won’t have to worry about repairs, fees, or drawn-out timelines.
The house-buying firm values your time and aims to provide a smooth, stress-free experience from offer to closing. Most sales are completed in as little as seven days, or on the seller’s schedule.
Locations: Throughout Tennessee, including Crossville
Closing costs: Sellers pay no closing costs; Dignity Properties covers them.
Known for fast and fair service, Dignity Properties earned a 4.9-star rating on Google. Clients say that the company makes the home-selling process easy, with many commending the staff’s helpful attitude, kindness, and strong commitment to the community. The team is described as honest, approachable, and genuinely supportive. Sellers feel well taken care of from start to finish.
Website: dignityproperties.com
Phone number: 423-212-8384
Why sell your Crossville house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Crossville, selling a home on the open market using an agent takes around 111 days. That includes an average of 70 days on the market plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Crossville, 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.
Selling your Crossville house for cash can be a convenient option, especially when you’re facing a situation that requires a fast and straightforward sale. Here are some common scenarios where homeowners may find it beneficial to work with a house-buying company for a quick sale.
- Job relocation: If you need to relocate quickly for a new job, selling for cash allows you to move on without waiting for the traditional sale process.
- Divorce settlement: Selling your house for cash can simplify property division during a divorce, helping you and your spouse quickly finalize financial matters.
- Unwanted inheritance: If you’ve inherited a home you don’t want to keep, a fast cash sale can reduce the stress of managing or maintaining it.
- Downsizing transition: When you’re looking to downsize, a quick cash sale can help you transition to a more manageable home without delay.
- Costly repairs: If your home is in poor condition and needs expensive repairs, selling for cash saves you from having to fix the property before listing it.
- Open house inconvenience: Selling to a cash buyer allows you to skip the hassle of hosting multiple open houses and keeping your home in show-ready condition.
- Structural damage: If your house has major foundation problems, selling to a house-buying company can prevent costly repair work before a traditional sale.
- Foreclosure fix: A cash sale can help you avoid foreclosure and prevent long-term damage to your credit.
- Difficult tenants: If managing tenants has become a burden, a quick cash sale allows you to move on without dealing with them.
- Remote home sale: Managing a home sale from another state is easier when you choose a house-buying company to handle your Crossville property, as the quick process removes the need to travel back and forth.
Pros and cons of house-buying companies in Crossville
Before partnering with a house-buying company, it’s essential to understand both the benefits and potential drawbacks. While these companies can offer fast, hassle-free sales, they may not be the right fit for every situation. Knowing the pros and cons helps you make an informed decision that aligns with your financial goals and timeline.
Pros of working with house-buying companies
Selling to a house-buying company offers speed and convenience. The biggest advantage is that they will purchase your home as-is without requiring repairs or preparations. Let’s explore the key benefits:
- Fast sale: House-buying companies can close in as little as a few days, making them a good option if you need a quick sale.
- No repairs needed: You can sell your home in as-is condition, which means no fixing or renovating before the sale.
- No staging or open houses: You won’t need to prepare for open houses or worry about staging your home to attract buyers.
- Guaranteed sale: House-buying companies typically don’t have contingencies, which means there’s less risk of the sale falling through.
The biggest downside to selling to a house-buying company in Crossville is that a house-buying company may not bring in as much money for Macon homeowners as listing with an agent. Here’s a summary of potential drawbacks:
- Lower offer: You’ll generally receive less than you would by selling on the market, since house-buying companies often make below-market-value offers.
- Limited negotiation: Most offers from house-buying companies are non-negotiable, so you’ll have to accept or reject their initial price.
- Potential scams: Some entities may pose as cash buyers but actually engage in house-buying scams. Be vigilant and research thoroughly the buyer you’re eyeing.
- No competitive bidding: Unlike listing on the market, you won’t receive multiple offers that might drive up your home’s price.
Vet cash buyers and know your home’s worth
Vetting cash buyers is a smart step to protect yourself from lowball offers or shady deals. Knowing your home’s true value gives you the confidence to negotiate and choose the right buyer. Take these steps before agreeing to an offer:
- Research the company: Not all cash buyers provide the same level of service. Make sure to investigate the company’s reputation by checking online reviews and reading testimonials from past sellers.
- Evaluate credibility: Look into the company’s history, track record, and market presence. This will give you a better understanding of how reliable the buyer is.
- Check for red flags: Ensure the company has a solid reputation by avoiding those with too many negative reviews or complaints.
- Read the buying agreement: Before committing, carefully review the agreement to understand the terms of the sale, including any fine print that could affect your final decision.
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 Crossville. You can also try our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Crossville home quickly
Working with iBuyers
Instant buyers or iBuyers use automated valuation models to provide fast, all-cash offers for homes in good condition. The process is mostly online, with quick closings from a few days to two weeks. However, major iBuyer companies like Opendoor and Offerpad typically charge service fees that range from 5% to 6% of the home’s sale price.
Listing with an agent
Listing with an agent can still lead to a fast sale, especially in a seller’s market. A top agent will provide a comparative market analysis to determine your home’s value, often for free. If you’re considering this route, HomeLight can connect you with a top-performing agent in your area.
FAQs on Crossville house-buying companies
By and large, most We Buy Houses for Cash companies in Crossville 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 BBB website. Watch for anything that just doesn’t seem right.
Most Crossville We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), then deduct 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 Crossville Bungalow 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 Crossville 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 the market value while charging a fee for their services.
When you accept an offer from a Crossville We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, 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 Crossville 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 Crossville vs. top Crossville 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 Crossville | Sell with a top Realtor in Crossville |
Selling timeline | 7 to 30 days | 111 days average; 70 to attract an offer, 41 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
Showings | None | 10 to 25 showings on average |
Inspections and 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 the 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% to 6% of the home’s sale price |
Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s 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 Crossville is worth about $320,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $350,000.
Sell to a We Buy Houses for Cash company in Crossville | Sell with a top Realtor in Crossville | |
Estimated sale price | ($350,000 x .70) – $30,000 = $215,000 | $320,000 |
Market preparations | 0 | $3,200 (1% of the sale price) |
Agent commissions | 0 | $9,600 (3% of the sale price) |
Closing costs | 0 | $4,800 (1.5% of the sale price) |
Estimated take-home for seller | $215,000 | $302,400 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home. What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speedy sale: House-buying companies offer fast closings, which can be ideal if you need to sell your home quickly.
- As-is condition: You can sell your home without making repairs, appealing to homeowners who lack the time or budget for updates.
- Guaranteed sale: Cash-for-homes companies provide a straightforward transaction, reducing the risk of deals falling through.
- Lower offer: Expect to receive less than market value for your property, as these companies aim for quick resales and minimal investment.
- Home valuation: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
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 Crossville agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Crossville area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
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