6 Top We Buy Houses for Cash Companies in Mississippi
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Richard Haddad, Executive EditorClose
Richard Haddad Executive EditorRichard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
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Sam Dadofalza, Associate EditorClose
Sam Dadofalza Associate EditorSam Dadofalza is an associate editor at HomeLight, where she crafts insightful stories to guide homebuyers and sellers through the intricacies of real estate transactions. She has previously contributed to digital marketing firms and online business publications, honing her skills in creating engaging and informative content.
When facing unexpected or urgent life changes, selling your Mississippi property may seem intimidating. If you’re keen on a quick sale, “We Buy Houses” Mississippi companies can be a helpful solution, especially if your home needs fixing.
These businesses present cash offers for those who don’t have the time or funds to deal with repairs and preparations. But is selling for cash the right decision for your home?
This guide will walk you through the process and discuss the benefits and drawbacks of selling your home for cash so you can decide if working with a house-buying company suits your needs and goals.
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Working with house-buying companies in Mississippi
Partnering with house-buying companies in Mississippi might feel a little overwhelming at first, but it’s actually simpler than you’d think. If you’re a homeowner looking to sell fast, here’s an overview of the process of selling your home for cash:
- Research potential companies: Before reaching out, do your homework. Look up reputable house-buying companies in Mississippi, read reviews, and ensure they have a solid track record.
- Reach out and describe your home: Contact your chosen company and provide them with information about your property. This will include its condition, location, size, and other relevant details.
- Schedule a property visit: Most companies want to inspect your property in person. This allows them to assess its condition and finalize their offer.
- Receive a cash offer: After evaluating your home, the company will present you with a cash offer. Remember, this is typically a take-it-or-leave-it deal with limited room for negotiation.
- Accept or decline the offer: It’s your decision. Weigh the offer against your needs and circumstances, and then choose to accept or move on.
- Close the deal: If you accept the offer, the company will handle most of the paperwork and logistics. You can then finalize the sale and receive your cash, often in just a few days to two weeks.
Popular We Buy Houses for Cash companies in Mississippi
If the quick process of selling to a house-buying company in Mississippi 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 parents’ craftsman bungalow or single-story ranch. By working with one of these companies, you should be able to sell your Mississippi home in as little as a week or two.
MS Home Buyers
Founded in 2002, MS Home Buyers is a family-owned house-buying company that offers solutions for homeowners dealing with foreclosure, divorce, vacant properties, major repairs, or other challenging situations requiring a fast cash sale. It purchases houses in any condition and typically makes a cash offer within 24 hours. Closing takes place in only seven days or on the seller’s time frame, sometimes on the very same day.
Locations: Throughout Mississippi, including Jackson, Columbia, Biloxi, Hattiesburg, and Clinton
Closing costs: Sellers pay no closing costs; MS Home Buyers covers them.
Noted for consistently putting ethical practices first, MS Home Buyers has been accredited by the Better Business Bureau (BBB) since 2020 and holds an A+ rating. Past customers commend the company’s professionalism and honesty. They express being satisfied with the offer price and the fast, easy selling process.
A reviewer shared that the company follows through on every promise and handles all aspects of the process as expected. Thanks to positive customer testimonials, the house-buying company also earned a high average review score on Google, with 4.9 stars.
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 Mississippi (and across the country) can request a cash offer for their home. Its platform 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 Mississippi.
With the platform, you can get an 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 Mississippi
Closing costs: No prep costs, no agent commissions, and no 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 received BBB accreditation in 2019 and now maintains an impressive A+ rating. The company has 4.6 stars on Google based on hundreds of 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
Southern Properties United
Since 2009, We Buy Houses has assisted homeowners facing foreclosure, major repairs, divorce, downsizing, or vacant property challenges. The company provides fair cash offers, typically below market value, in exchange for speed, convenience, and simplicity. Sellers aren’t required to make repairs, clean, or pay agent commissions. With no reliance on traditional financing, closings are completed in as little as nine days.
Locations: Throughout Mississippi, including Ocean Springs, Gautier, Vancleave, Picayune, and Purvis
Closing costs: Sellers pay no closing costs; Southern Properties United covers them.
Southern Properties United has been BBB accredited since 2021 and holds an A+ rating. Its Google Business Profile reflects a 4-star rating, with past clients highlighting the company’s professionalism, transparency, and openness to negotiation.
They comment about the firm’s flexibility regarding move-out and closing dates. However, one complaint mentioned receiving unsolicited texts about selling their home.
Website: southernpropertiesunited.com
Phone number: 228-338-3807
Atlas Property Investors
Atlas Property Investors offers a fast and reliable alternative for homeowners seeking to sell unwanted properties without the delays of traditional listings. Recognized for its transparent and equitable cash offers delivered within 24 hours, the team eliminates the need for staging, showings, or extended negotiations.
Sellers are not required to make repairs or cover agent commissions, streamlining the transaction from start to finish. With a typical closing timeline of just 10 days, the company prioritizes efficiency while maintaining a commitment to fairness and professionalism.
Locations: Jackson, Madison, Pearl, Canton, and other key areas
Closing costs: Sellers pay no closing costs; Atlas Property Investors covers them.
Atlas Property Investors has an A+ BBB rating, having been accredited since 2021. Rated 4.2 stars on Google, the house-buying company is praised for facilitating an easy, flexible selling process for clients. Past sellers emphasize the team’s professional support and fair offers. However, some note 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
Keen Home Buyers
Keen Home Buyers, a local home-buying company based in Jackson, Mississippi, provides solutions for homeowners dealing with hardships that require a quick cash sale, from those facing foreclosure and going through divorce to those looking to sell an inherited property.
After submitting a short online property information form, the seller will receive an offer within 24 to 48 hours if the home meets the firm’s buying criteria. With a flexible closing date that accommodates the owner’s schedule, Keen Home Buyers can close on a property in 15 days.
Locations: Jackson metro area of Mississippi and other parts of the state
Closing costs: Sellers pay no closing costs; Keen Home Buyers covers them.
With a focus on customer satisfaction, Keen Home Buyers has earned a 5-star rating on Google. Customers often commend the company for its professionalism and transparency, noting that the offers they received felt fair and well-explained.
Many appreciated how straightforward and efficient the entire process was. Reviewers frequently describe their experience as smooth, with minimal stress and timely communication throughout the transaction.
Website: keenhomebuyers.com
Phone number: 601-336-1060
BiggerEquity
BiggerEquity is a nationwide home-buying company offering fast cash solutions to property owners navigating challenges such as foreclosure, divorce, or medical hardship. Known for its speed and efficiency, BiggerEquity can present a cash offer in as little as seven minutes and finalize transactions in as few as seven days.
Beyond purchasing homes, the team offers a comprehensive range of services, including relocation assistance, foreclosure prevention, legal guidance, and credit counseling. This holistic approach reflects the company’s commitment to easing the burdens homeowners face during difficult transitions.
Locations: Throughout Mississippi, including Jackson, Clinton, Gulfport, Biloxi, Southaven, Olive Branch, Horn Lake, Hattiesburg, Meridian, Tupelo, Greenville, Pearl, Madison, Starkville, Oxford, and Vicksburg. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
With a proven track record, BiggerEquity has been BBB accredited since 2018 and holds an A+ rating. On Google, it received a high average review score of 4.8 stars. Past clients appreciate the smooth, transparent, and up-front process without any pressure or surprises. They share that the team is a pleasure to work with, describing them as attentive and genuinely caring throughout the home-selling process.
Website: biggerequity.com
Phone number: 866-333-8377
Why sell your Mississippi 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 Mississippi, selling a home on the open market using an agent typically takes around 84 days. That includes an average of 43 days listed on the market until the contract is signed, plus the typical 41 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 Mississippi, 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.
Let’s take a quick look at why home sellers in Mississippi might prefer to use these companies over traditional property listings.
- Mississippi weather woes: Your home suffered damage from unpredictable Mississippi storms, making it challenging to sell through regular channels.
- Urgent life transitions: Whether it’s a sudden job change, divorce, pressing health concerns, or unexpected family matters, life’s curveballs can necessitate a quick sale.
- Costly, time-consuming fixes: Your home is in poor condition and requires attention, but you lack the funds or inclination to address the problems.
- Traditional sale hassles: The prospect of home staging, open houses, and back-and-forth negotiations isn’t appealing to you.
- Discreet sale preference: You prefer a private, off-market transaction, keeping your business away from public eyes.
- Looming foreclosure: Facing the threat of foreclosure, you’re looking to resolve matters before they escalate and damage your credit.
- Inherited property burdens: While an inherited house is a legacy, it can feel more like a burden than a blessing due to the cost and effort of upkeep.
- Landlord woes: The challenges of property management have worn you out, or you’re eager to cut ties with a problematic tenant.
- Elderly transitions: As age advances, you or a loved one might be transitioning to assisted living, which entails downsizing and selling the current home quickly.
- Out-of-state dilemmas: Living outside Mississippi and having a property in the state might push you towards a hassle-free cash sale, as it eliminates the need to travel back and forth.
If you’re facing any of the situations above, a We Buy Houses for Cash company might be the lifeline you need. However, while these firms offer extraordinary convenience, it’s crucial to be well-informed about both the advantages and disadvantages of working with these cash-buying entities and to know all your options.
Pros and cons of house-buying companies in Mississippi
Navigating the waters of house-buying companies in Mississippi can be a bit murky. To bring clarity to your decision, it’s essential to weigh both the advantages and disadvantages.
Pros of house-buying companies
The allure of house-buying companies lies primarily in their promptness and flexibility. Their swift processes and willingness to accept homes in any condition can be an advantage for many. Here’s a snapshot of their advantages:
- Speedy transactions: House-buying companies in Mississippi typically finalize deals much faster than traditional real estate sales.
- No repairs needed: You can sell your home as-is, saving yourself the hassle and expense of making repairs or staging.
- Simple process: With fewer steps and less paperwork, it’s a relatively hassle-free process.
- Immediate cash: Once the deal is sealed, you’ll have quick access to your proceeds without the usual waiting period of traditional sales.
Cons of house-buying companies
While house-buying companies offer convenience, it comes with drawbacks. The most significant disadvantage is the likely compromise on your home’s worth. Let’s break down the cons:
- Lower offers: Compared to selling traditionally with a seasoned agent, you’ll typically receive less than the market value.
- Limited negotiation: Offers from these companies are often take-it-or-leave-it, leaving little room for negotiation and no opportunities for a buyer bidding war.
- Pressure tactics: While most We Buy Houses companies in Mississippi strive for a win-win solution, you may encounter a group that uses pressure tactics to take advantage of your urgent situation.
- Scam risks: As with any quick-cash industry, there are fraudulent players. Ensuring you work with a reputable company is crucial to avoiding falling for homebuying scams.
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 you’re making a big decision like selling your Mississippi home, every little detail matters. The experience you’ll have with a We Buy Houses for Cash company depends on who’s behind the offer. These businesses can vary greatly in terms of trustworthiness and quality of service.
This is why, before signing anything, take time to do your homework. Read reviews, check out testimonials, and look into their reputation and history. And don’t forget to go over the buying agreement carefully. It’s important to know exactly what you’re agreeing to.
Consult with a top Mississippi agent to get a better idea of what your home might be worth if sold on the open market. Then, compare cash offers to what an experienced local agent might be able to get for your home.
HomeLight can connect you with a top-performing Realtor in your area. You can also use our free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.
Other options to sell your Mississippi home quickly
Working with iBuyers
Instant buyers, or iBuyers, emerged in the mid-2010s and use automated valuation models (AVMs) to make swift offers on homes. While they offer similar conveniences as other house-buying firms, iBuyers primarily target homes in better condition. Their offers are typically closer to market value, often around 90%.
However, big players like Opendoor and Offerpad can charge service fees of 5% to 6% of the home’s sale price. iBuyer companies best suit sellers with properties in good condition in uniform housing areas.
Listing with an agent
Considering a real estate agent can be beneficial, even when you’re focused on a speedy sale. If your home is in a seller-friendly market, a top agent can often ensure a quick sale with strategic pricing and marketing.
Selling through an agent generally fetches a higher price. According to HomeLight data, top agents can often secure up to 10% more than average agents.
Moreover, agents offer a comparative market analysis (CMA) to gauge your home’s value, helping in pricing decisions. Many agents offer CMAs for free with a consultation appointment.
A plugged-in agent might connect you with cash buyers offering nearer market value. If you’re leaning toward this route, HomeLight can introduce you to a top real estate agent in your Mississippi city.
FAQs on Mississippi house-buying companies
By and large, most We Buy Houses for Cash companies in Mississippi 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 Mississippi 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), 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 Mississippi ranch home could sell for $240,000 after repairs, but it’s going to need $25,000 of work to get there.
($240,000 x .70) – $25,000 = $143,000
In this example, a Mississippi We Buy Houses company might offer you around $143,000 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 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 Mississippi We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer is accepted. On the other side, 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Mississippi 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 Mississippi vs. top Mississippi 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 Mississippi | Sell with a top Realtor in Mississippi |
| Selling timeline | 7 to 30 days | 84 days average; 43 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 / 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 average |
| 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 put together 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 Mississippi is currently worth about $215,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $240,000.
| Sell to a We Buy Houses for Cash company in Mississippi | Sell with a top Realtor in Mississippi | |
| Estimated sale price | ($240,000 x .70) – $25,000 = $143,000 | $215,000 |
| Market preparations | 0 | $2,150 (1% of the sale price) |
| Agent commissions | 0 | $6,450 (3% of the sale price) |
| Closing costs | 0 | $3,225 (1.5% of the sale price) |
| Estimated take-home for seller | $143,000 | $ 256,284 |
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 Mississippi 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
Key takeaways
- Quick sale options: Whether it’s iBuyers, traditional agents, or house-buying companies, research and choose the best fit for your situation.
- Speed vs. price: House-buying companies offer quick sales but often at below market value. iBuyers can give nearer market offers but with fees, while agents might yield the highest return.
- Due diligence: The level of service house-buying companies offer varies. Before accepting a cash offer, review the company’s reputation and the terms of the agreement.
- Property value insights: Consult a local real estate agent for a CMA. This will help determine your home’s value, allowing you to avoid extremely low offers.
- Pros and cons: Each option for selling your home has benefits and drawbacks. Consider what’s important for your situation: speed, profit, convenience, or a blend.
If you’re considering a Mississippi We Buy Houses company, gather multiple offers and thoughtfully consider your choices. Don’t rush into making decisions.
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 Mississippi agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Mississippi 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: (tiagofernandez / Deposit Photos)
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