We Buy Houses Jackson, 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 the Volunteer State, a We Buy Houses
Jackson, TN, company might be what you’re looking for. These firms pay cash for homes, regardless of the property’s condition, often in a matter of days. If you’re scrambling and need to sell your home quickly, this can be a lifesaver.
In this post, we’ll discuss the pros and cons of working with house-buying companies in Jackson to help you decide if a cash sale fits your needs. We will also explain how the process works, along with providing you with some local Jackson, TN, We Buy Houses companies worth considering.
Sell Your House Fast in Jackson 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 7 days. No showings, no repairs, no open houses. Available to sellers throughout Jackson.
Working with house-buying companies in Jackson
Selling for cash in Jackson can save you time and effort compared to listing on the open market. House-buying companies simplify the process, often purchasing homes as-is. Here’s what to expect from the process of selling your home for cash:
- Research local companies: Start by looking into reputable cash-for-homes companies in Jackson to find a good match for your needs.
- Request an offer: Reach out to the company to provide basic details about your property, and they’ll schedule an appointment to evaluate your home.
- Meet for an evaluation: A representative will tour your property in person or virtually to assess its condition and make an offer.
- Review the cash offer: After the evaluation, the company will present you with a no-obligation cash offer for your home.
- Choose a closing date: If you accept the offer, you’ll work with the company to pick a closing date that fits your timeline, often within days or weeks.
- Close and get paid: On the agreed-upon date, sign the necessary paperwork and receive your payment, completing the sale.
Popular We Buy Houses for Cash companies in Jackson
If the process of selling to a house-buying company in Jackson 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 Cape Cod. By working with one of these companies, you should be able to sell your Jackson home in as little as a week or two.
My Tennessee Home Solution
My Tennessee Home Solution is a local cash home-buying company serving Nashville and the surrounding areas. The firm purchases single-family homes, multifamily properties, and land, regardless of condition or circumstance.
It accommodates sellers who are downsizing, facing major life changes, dealing with costly repairs, or seeking the convenience of selling off-market. Cash offers are extended within 24 hours, and closings can be completed in as little as seven days.
Locations: Throughout Tennessee
Closing costs: Sellers pay no closing costs; My Tennessee Home Solution LLC covers them.
Accredited by the Better Business Bureau (BBB) since 2022, My Tennessee Home Solution currently maintains a high A+ rating. Its Google Business Profile earned a 5-star rating, with most clients recommending the company’s services to anyone looking for a smooth and positive process.
Sellers highlight how the team treats clients like family, creating a sense of trust and comfort. The staff is consistently praised for being genuine, approachable, and kind.
Website: mytennesseehomesolution.com
Phone number: 615-933-5431
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Jackson (and across the country) can request a cash offer for their home. It connects you to 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 Jackson.
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 Jackson
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 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.
Website: homelight.com/simple
Phone: 844-488-8455
Tennessee Cash For Homes
Tennessee Cash For Homes, based in Murfreesboro, provides an alternative to traditional property sales. This reputable company assists homeowners facing challenges such as foreclosure, code violations, late mortgage payments, and burdensome properties. It purchases homes as-is, regardless of condition or location. Homeowners can expect a cash offer in 24 hours and a closing that aligns with the sellers’ preferred schedule.
Locations: Throughout Tennessee
Closing costs: Sellers pay no closing costs; Tennessee Cash For Homes covers them.
Trusted by its customers, Tennessee Cash For Homes earned a 5-star rating on Google. Reviewers share that inheriting a property in need of major work can feel overwhelming, but this team provides clear guidance and fair solutions. They explain all available options and often extend cash offers that save time and reduce stress. Many note how smoothly the process is handled from start to finish.
Website: tennesseecashforhomes.com
Phone number: 615-801-8126
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
Closing costs: Sellers pay no closing costs; TN HomeBuyers covers them.
Since 2004, TN HomeBuyers has been BBB accredited and now maintains an A+ rating, reflecting its strong reputation for integrity. On Google, the company holds an average 4.5-star rating, with clients frequently describing their experience as professional, fair, and supportive. Many sellers emphasize the team’s honesty, quick communication, and ability to simplify the process during difficult transitions.
Website: 299cash.com
Phone number: 615-299-5525
Why sell your Jackson 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 Jackson, selling a home on the open market using an agent takes around 87 days. That includes an average of 46 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 Jackson, 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 working with a cash buyer can make sense:
- Job relocation: When you need to move quickly for a new job, a cash sale can speed up your departure.
- Divorce settlement: A cash sale can simplify property division during a divorce by allowing a quick sale and straightforward asset distribution.
- Unwanted inheritance: If you’ve inherited a house you don’t plan to keep, selling for cash can expedite the process.
- Downsizing transition: For those downsizing, a cash sale helps avoid the hassle of preparing and listing a large home.
- Repairs needed: Homes requiring major repairs can be challenging to sell traditionally, but a cash buyer will often purchase as-is.
- Open house stress: If you’d rather not host open houses, a cash sale can eliminate the need for public showings.
- Foundation issues: Major issues like a damaged foundation can deter traditional buyers, but might not be a concern for cash buyers.
- Foreclosure fix: If foreclosure is looming, a quick cash sale can help you avoid the lasting impact of foreclosure.
- Problematic tenants: Selling with tenants in place can be tough, but some cash buyers are willing to take on renter-occupied properties.
- Remote home sale: A cash sale simplifies the process for homeowners who are selling from afar, reducing travel and coordination challenges.
Pros and cons of house-buying companies in Jackson
A house-buying company in Jackson offers speed and flexibility, buying your home quickly and as-is without the need for repairs or staging. This can be ideal if you’re looking for a fast, no-fuss sale. Here are some of the key benefits:
- Quick closing: Many house-buying companies can close within days, allowing you to move forward with your plans fast.
- As-is convenience: You can sell as-is, skipping repairs, cleaning, and staging that traditional buyers typically expect.
- No contingencies: Cash sales usually come without contingencies, which can reduce the chances of a sale falling through.
- Flexible timing: Many companies offer flexibility with closing dates, allowing you to set a timeline that aligns with your next steps.
However, you may earn less money selling to cash-for-homes firms rather than listing on the open market with a top agent. Consider these potential drawbacks:
- Lower offer price: Cash buyers typically pay below market value for homes, so you may receive less than what your home could fetch on the open market.
- Fewer choices: Once you accept the offer, you’re often limited to the company’s terms without room for negotiations.
- Scam risks: Some buyers operate unethically, so it’s essential to verify companies to avoid house-buying scams.
- Limited competition: Without competing buyers, you may miss out on a higher offer that might arise from multiple interested parties.
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
When working with a house-buying company in Jackson, it’s important to be vigilant of any shady tactics. Here are some brief guidelines to follow:
- Verify credentials: Confirm that the company is licensed and has a track record of successful transactions.
- Research market presence: Investigate the company’s presence and performance in the market to ensure stability and reliability.
- Check reviews: Look for reviews and ratings online to see what other sellers have experienced.
- Read the agreement carefully: Before signing, make sure you understand all terms and conditions in the buying agreement.
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 Jackson. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Jackson home quickly
Working with iBuyers
Instant buyers or iBuyers offer an instant, all-cash sale for homes in good condition. Using automated valuation models, these companies deliver fast offers based on current market data. With a mostly online iBuyer process, sellers can close in days or weeks. However, major iBuyer companies like Opendoor and Offerpad charge sizable service fees, ranging from 5% to 6% of the home’s sale price.
Listing with an agent
Listing with an agent can also lead to a quick sale in a seller-friendly market. Top professionals offer the advantage of a comparative market analysis (often free), providing insight into your home’s value. An experienced agent might even connect you with cash buyers who can make close-to-market offers. Use HomeLight’s Agent Match tool to find top professionals in your area who will help you explore your options.
FAQs on Jackson house-buying companies
By and large, most We Buy Houses for Cash companies in Jackson 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 Jackson 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 Jackson Ranch could sell for $275,000 after repairs, but it will need $30,000 of work to get there.
($270,000 x .70) – $30,000 = $162,500
In this example, a Jackson We Buy Houses company might offer you around $162,500 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 they 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 Jackson 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 Jackson area. Our list above is a good place to start.
- Submit offer requests to a few 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 Jackson vs. top Jackson 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 Jackson | Sell with a top Realtor in Jackson |
| Selling timeline | 7 to 30 days | 87 days average; 46 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 Jackson is worth about $245,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $275,000.
| Sell to a We Buy Houses for Cash company in Jackson | Sell with a top Realtor in Jackson | |
| Estimated sale price | ($275,000 x .70) – $30,000 = $162,500 | $245,000 |
| Market preparations | 0 | $2,450 (1% of the sale price) |
| Agent commissions | 0 | $7,350 (3% of the sale price) |
| Closing costs | 0 | $3,675 (1.5% of the sale price) |
| Estimated take-home for seller | $162,500 | $231,525 |
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 timeline might not fit your immediate needs.
Key takeaways
- Quick sale option: Cash-for-homes companies offer a fast, straightforward sale for Jackson homeowners needing to move quickly.
- As-is deal: These companies will typically buy your house as-is, allowing you to avoid repairs, staging, and showings.
- Lower offers: Most cash buyers pay below market value, which means you may receive less than what your home could fetch on the open market.
- Limited negotiations: Offers from house-buying companies are often “take-it-or-leave-it,” leaving little room to negotiate on price.
- Due diligence: Verify companies you are considering selling to. Working with trusted, established buyers can help protect your interests.
- Home valuation insights: Always know 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 help you manage 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 Jackson, TN agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Jackson, TN 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.
Header Image Source: (Roger Starnes Sr / Unsplash)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.