We Buy Houses Crossville, TN: Top 5 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 Crossville, TN, home quickly, you may be considering using a house-buying company. We Buy Houses companies in Crossville 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.
Sell Your House Fast in Crossville With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Crossville.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Crossville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Crossville
Working with a house-buying company in Crossville can be a fast, straightforward way to sell your home. Whether you’re facing an urgent situation or just need a hassle-free sale, here are the basic steps you’ll follow to sell your house to a cash buyer.
- 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’ Ranch or Bungalow. By selling to 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 purchase homes nationwide, regardless of condition. After filling out a short form on its website, the company will present you with a cash offer. Offers can be received in as little as seven days.
Locations: All over the United States, including Tennessee.
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers will cover them.
New Horizon Home Buyers has been BBB accredited since 2020 and holds an A+ rating. On Google, clients give the company an average of 4.9 stars.
Website: newhorizonhomebuyers.com
Phone number: 423-509-8393
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. 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 Crossville.
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 Crossville
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
TN Homebuyers
TN HomeBuyers, established in 2002, will buy houses 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 will cover them.
TN HomeBuyers has been BBB accredited since 2004 and holds an A+ rating and an average of 4.8 out of 5 stars.
Website: 299cash.com
Phone number: 615-299-5525
Integrity House Buyers
Integrity House Buyers, based in Clarksville, buys houses directly, paying cash and closing quickly without fees or commissions, regardless of the property’s condition.
Locations: Statewide
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 4.8-star rating and garner praise for their exceptional service.
Website: buyerswithintegrity.com
Phone number: 931-213-6951
Why sell your Crossville house for cash?
There are plenty of valid reasons a Crossville home seller may choose to work with a Cash-For-Homes company. The primary reasons are the speed of the transaction and the ease of the sale.
In Crossville, it typically takes around 99 days to sell a home on the market using an agent. That includes an average of 55 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 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: Selling your house for cash can simplify property division during a divorce, helping you and your spouse quickly finalize financial matters.
- Inherited property: If you’ve inherited a home you don’t want to keep, a fast cash sale can reduce the stress of managing or maintaining an inherited property.
- Downsizing: 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 needs expensive repairs, selling for cash saves you from having to fix the property before listing it.
- Avoiding open houses: Selling to a cash buyer allows you to skip the hassle of hosting multiple open houses and keeping your home in show-ready condition.
- Foundation issues: If your house has major foundation problems, selling to a house-buying company can prevent costly repair work before a traditional sale.
- Facing foreclosure: If you’re at risk of foreclosure, a cash sale could help you avoid losing your home and damaging your credit.
- Difficult tenants: If managing tenants has become a burden, a quick cash sale allows you to move on without dealing with difficult tenants.
- Selling from out of state: If you’re living out of state and need to sell your Crossville home, working with a house-buying company makes the process more efficient.
Pros and cons of house-buying companies in Crossville
Selling your house to a house-buying company in Crossville has its advantages and drawbacks. Here’s a quick look at the pros and cons to help you determine if this option makes sense for your situation.
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.
- Certainty of 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 you’ll likely receive a below market value offer compared to listing with a real estate agent. Here are a few other potential drawbacks to consider:
- 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: Be cautious of scams in the house-buying industry, as not all companies are trustworthy.
- No competitive bidding: Unlike listing on the market, you won’t receive multiple offers that might drive up your home’s price.
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
- 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.
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 Crossville home quickly
iBuyers
iBuyers use automated valuation models to provide fast, all-cash offers for homes in good condition. Companies like Opendoor and Offerpad offer convenience, though they typically charge 5%-6% service fees. The iBuyer process is mostly online, with quick closings from a few days to two weeks.
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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, 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 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 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 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 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 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 | 99 days average; 55 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 Crossville is worth about $475,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $500,000.
| Sell to a We Buy Houses for Cash company in Crossville | Sell with a top Realtor in Crossville | |
| Estimated sale price | ($500,000 x .70) – $25,000 = $325,000 | $475,000 |
| Market preparations | 0 | $4,750 (1% of sale price) |
| Agent commissions | 0 | $14,250 (3%* of sale price) |
| Closing costs | 0 | $7,125 (1.5%) |
| Estimated take-home for seller | $325,000 | $448,875 |
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
- 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.
- Certainty of 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.
- 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 Crossville agent.
Header Image Source: (sepavone/DepositPhotos)
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