We Buy Houses Mooresville: 5 Top 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.
‘We Buy Houses’ Mooresville companies offer a beacon of hope for homeowners looking to sell quickly, often presenting all-cash offers for homes that might need a bit of tender loving care. This option is particularly appealing if you’re short on time, expertise, or finances to handle repairs. It allows you to pocket the proceeds and move on with your life fast.
Selling your Mooresville home to a cash-for-homes company can be a prudent solution amidst unexpected or urgent circumstances, providing a straightforward path out of a potentially sticky situation.
This post will examine the pros and cons of opting for house-buying companies in Mooresville, equipping you with the insights necessary to weigh your options effectively.
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 Mooresville.
Sell Your House Fast in Mooresville With a Cash Offer
Working with house-buying companies in Mooresville
Selling your home for cash is pretty straightforward, but there are a few steps you should know. Here’s a simplified guide to the process of selling a house for cash, aimed at helping you quickly move from decision to sale.
- Research companies: Look for reputable house-buying companies in Mooresville that specialize in all-cash offers. Check their reviews and past transaction histories to ensure credibility.
- Submit property details: Reach out to your chosen company with details about your property. This typically involves filling out a form on their website or making a direct call.
- Receive an offer: Based on the information you provide, the company will likely make an initial all-cash offer, often within a few days. Remember, this offer is usually non-negotiable.
- Schedule a home visit: If you’re interested in proceeding, the company will arrange a visit to your property to assess its condition and confirm the details you’ve provided.
- Accept the offer: You can accept it if it aligns with your expectations. These companies often handle most, if not all, of the closing process.
- Close the sale: Closing is typically quick, sometimes within a week, and you’ll receive cash for your home. This allows you to move on with your plans without the usual hassle of traditional home selling.
Popular We Buy Houses for Cash companies in Mooresville
If the process of selling to a house-buying company in Mooresville sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies that will buy and pay cash for your parents’ property, whether that’s a Colonial Revival or a Craftsman home. By selling to one of these companies, you can sell your Mooresville home in as little as a week or two.
Travis Buys Home
Travis Buys Homes has been purchasing houses in Mooresville and the surrounding areas since 1999, offering a straightforward and reliable solution for homeowners looking to sell quickly. Unlike a real estate agency, it operates as a local home-buying company that works directly with sellers — no listings, no agents, and no commissions.
Whether facing financial difficulties, navigating a divorce, or managing an inherited property, sellers can count on a simple three-step process: contact the team, meet at the property, and set a preferred closing date. This personalized approach allows homeowners to move forward on their own terms, without the delays of the traditional market.
Locations: Triad area of North Carolina, including Mooresville
Closing costs: Sellers pay no closing costs; Travis Buys Homes covers them.
Receiving praise from clients, Travis Buys Homes boasts a Google Review rating of 4.8 stars. Clients say working with the company was a smooth process, despite facing selling obstacles. They appreciate the team’s flexibility in adapting to their unique needs. Many highlight the process as hassle-free and efficient, making a difficult situation easier. Overall, the experience is described as professional, accommodating, and stress-free.
Website: travisbuyshomes.com
Phone number: 704-459-5700
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Mooresville (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 Mooresville. With this platform, 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 Mooresville
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 has been accredited by the Better Business Bureau (BBB) since 2019 and currently 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
BiggerEquity
Founded in 2016, BiggerEquity specializes in fast, cash-based property purchases regardless of the home’s condition, location, or price. It presents a no-obligation offer within seven minutes, streamlining what is typically a lengthy process.
Once the offer is accepted, the team handles all the paperwork from start to finish. Sellers are only required to review and accept the offer—everything else is taken care of. With speed, convenience, and professionalism at the forefront, the company provides a stress-free alternative to the traditional housing market.
Locations: BiggerEquity buys houses throughout North Carolina, including Mooresville. The company serves homeowners in all 50 U.S. states.
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
BiggerEquity has been BBB-accredited since 2018 and holds an A+ rating. On Google Reviews, it earned 4.8 stars. Reviewers share that the company delivers a consistently positive experience, marked by professionalism and efficiency. Many would confidently recommend their services to others needing to sell a home quickly. The team is described as a pleasure to work with, offering reliable support and clear communication throughout the entire selling process.
Website: biggerequity.com
Phone number: 866-333-8377
Solution Home Buyer
Solution Home Buyers LLC offers a fast, hassle-free alternative to the traditional real estate process. Sellers can skip cleaning, repairs, agent contracts, and months of uncertainty. There’s no need to wait on buyer financing since the company is ready to purchase homes immediately and can often close in as little as seven days. With no hidden fees, binding agreements, or extensive paperwork, homeowners can move forward with confidence and ease.
Locations: Charlotte, North Carolina, and surrounding areas, including Mooresville
Closing costs: Sellers pay no closing costs; Solution Home Buyers LLC covers them.
Solution Home Buyers has an A+ rating with the BBB, having been accredited since 2022. Its Google Business Profile boasts a 4.8-star rating, with many reviewers noting how the staff responds quickly and keeps them well-informed at every step. The process feels manageable, even during stressful situations. The team is professional and approachable, prompting many clients to recommend the company to friends and family and consider working with them again.
Website: solutionhomebuyers.com
Phone number: 704-870-2100
Maverick Property Group, LLC
Maverick Property Group, LLC has been buying houses in North Carolina since 2017, providing tailored solutions to homeowners who need to sell quickly. Its mission is to support property owners burdened by unaffordable loans or homes that no longer serve their needs.
Committed to improving communities one house at a time, Maverick Property Group, LLC makes fast sales possible, often in as little as 24 hours. The team’s in-depth real estate knowledge and compassionate approach ensure that homeowners receive prompt, reliable support when it matters most.
Locations: Throughout North Carolina, including Mooresville
Closing costs: Sellers pay no closing costs; Maverick Property Group, LLC covers them.
Maverick Property Group, LLC has an A+ rating with the BBB, receiving accreditation in 2019. It has a perfect 5.0-star rating on Google Reviews, as it has earned praise from past clients. Clients say the company is easy to work with and highly reliable, especially when handling tenant matters. Communication is consistent and timely, which makes the selling process smooth. The team’s dedication stands out in the real estate space, which is why some express appreciation for the partnership and look forward to long-term collaboration.
Website: mavpropertygroup.com
Phone number: 704-614-6699
Why sell your Mooresville house for cash?
There are plenty of valid reasons a Mooresville home seller may choose to work with a Cash-For-Homes company. The benefits of speed, certainty, and remarkable convenience are the primary factors sellers choose this route.
In Mooresville, selling a home on the open market using an agent typically takes around 96 days. That includes an average of 55 days on the market, from listing to signed contract, 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 Mooresville, 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 scenarios where turning to a house-buying company might be especially beneficial:
- Job relocation: You need to move quickly for a new job opportunity and don’t have the time for a traditional sale.
- Divorce proceedings: You’re looking to finalize asset division swiftly and move on from a divorce situation.
- Unwanted inheritance: You’ve inherited a property that you don’t want or can’t afford to maintain.
- Downsizing transition: You’re aiming to downsize and prefer a quick, hassle-free sale to move into a more suitable living situation.
- Major repairs needed: Selling a house in poor condition, such as one with foundation issues, may not be affordable or justifiable for you.
- Open house stress: You prefer not to deal with the inconvenience and invasion of privacy that comes with open houses.
- Foreclosure prevention: You’re at risk for foreclosure, so you want a quick sale to avoid further financial distress.
- Problem tenants: You want to sell a rental property quickly due to tenant issues or simply wish to exit the landlord business.
- Remote home sale: Selling a house from out of state is complex. House-buying companies present a simpler, more direct option.
Pros and cons of house-buying companies in Mooresville
Selling your Mooresville home to a house-buying company comes with unique advantages and disadvantages. The primary benefits include the speed of the sale and the ability to sell your house in any condition, bypassing the need for costly and time-consuming repairs or preparations. Here’s an overview of the benefits you can expect from partnering with ‘We Buy Houses’ companies:
Pros:
- Quick sale: Companies can often close on a property within a week, providing sellers with fast access to cash for their next steps.
- No repairs needed: You can sell your house as-is, avoiding the hassle and expense of making any repairs or renovations before the sale.
- Simple process: The sale process is straightforward, with fewer contingencies and no need for staging, showings, or open houses.
- Flexible closing: Many house-buying companies offer flexible closing dates, allowing you to choose a closing date that best fits your schedule.
However, it’s important to understand the potential downsides of selling to a cash-for-homes company in Mooresville. The most significant drawback is receiving an offer below market value for your property compared to what you might achieve on the open market through a seasoned real estate agent. Be prepared for these cash sale drawbacks:
Cons:
- Lower offers: Expect offers significantly below market value, as these companies aim to profit from future resale.
- Limited negotiation: The price offered is typically non-negotiable, giving sellers little room to maneuver for a better deal.
- Scam risk: While many companies are reputable, the industry is not immune to house-buying scams. It’s crucial to conduct thorough research to avoid fraud.
- No agent guidance: Selling without a real estate agent means you’ll navigate the sale process without professional advice, potentially missing out on better offers.
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.
Curious What Your Home Is Worth?
Vet cash buyers and know your home’s worth
When you decide to work with a We Buy Houses for Cash company in Mooresville, the level of integrity and service you’ll encounter can greatly differ. This variance largely hinges on the character of the individual or group extending the offer.
Before taking any steps forward, vetting the company thoroughly is crucial. Check online reviews, read through testimonials, and research its market presence and past performance to gauge its reliability.
Additionally, before you commit to a cash offer, make sure to read the buying agreement meticulously. Understanding every term and condition is essential to avoiding surprises down the line.
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. Try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Mooresville home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models (AVMs) to offer a swift, mostly online selling process. For homes in better condition, offers are often closer to market value.
The process, from receiving an offer to closing, can be completed in just a few days to a couple of weeks. iBuyer companies like Opendoor and Offerpad provide this option, which is ideal for sellers in areas with uniform housing and well-maintained properties, despite service fees of 5% to 6%.
Listing with an agent
Working with an agent might not initially seem like the quickest route, but in a seller-friendly market, it can lead to a speedy sale, especially with effective pricing and marketing.
A top real estate agent can secure the highest possible price for your property, as they provide a comparative market analysis (CMA), an insightful market report that’s often free. This analysis helps set a competitive listing price, potentially attracting cash offers close to market value.
For those considering this path, HomeLight can connect you with leading agents in your area to explore the best options for a fast, lucrative sale.
FAQs on Mooresville house-buying companies
By and large, most We Buy Houses for Cash companies in Mooresville are legitimate businesses. Their services and transaction fees may differ, but the business model has existed 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 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.
As described in our pros and cons list above, most Mooresville 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 look at an example offer equation. Let’s say your Mooresville Colonial Revival home could sell for $453,500 after repairs, but it will need $30,000 of work to get there.
($453,500 x .70) – $30,000 = $287,450
In this example, a Mooresville We Buy Houses company might offer you around $287,450 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 market value while charging a fee for their services.
When you accept an offer from a Mooresville We Buy Houses for Cash company, you will likely come 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 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 for any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Mooresville 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 Mooresville vs. top Mooresville 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 Mooresville | Sell with a top Realtor in Mooresville |
| Selling timeline | 7 to 30 days | 96 days average; 55 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 |
| Closing costs | None | 1% to 3% of the home’s sale price on top of the agent 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 Mooresville is currently worth about $423,500 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $453,500.
| Sell to a We Buy Houses for Cash company in Mooresville | Sell with a top Realtor in Mooresville | |
| Estimated sale price | ($453,500 x .70) – $30,000 = $287,450 | $423,500 |
| Market preparations | 0 | $4,235 (1% of the sale price) |
| Agent commissions | 0 | $12,705 (3% of the sale price) |
| Closing costs | 0 | $6,353 (1.5% of the sale price) |
| Estimated take-home for seller | $287,450 | $400,207 |
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
- Quick sales: Selling your Mooresville home to a cash-for-homes company can significantly speed up the process.
- As-is convenience: You can sell your property in its current condition, avoiding the cost and time of repairs.
- Simple process: The transaction is straightforward, with fewer steps and less paperwork than traditional sales.
- Market value considerations: Be prepared for offers below market value, which is typical with cash-for-homes sales.
- Home valuation: Know 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 Mooresville agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Mooresville 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: (Johnson Johnson / 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.