The quick answer to that question for cash house buyers in Columbia TN is no.
We are local cash house buyers and work in Columbia TN and work with local homeowners in surrounding towns like Smryna, La Vergne, Murfreesboro, Nashville, Franklin, Nashville, Old Hickory, and Donelson who need to sell fast. The homeowners we’ve worked with come to us with all kinds of reasons for needing to sell fast. The reasons are varied and include divorce, illness, unwanted inherited property, relocation, financial distress, foreclosure (We can stop foreclosure), job loss, and just want to move to another home.
One of the major reasons homeowners call us is that the house is rundown and in disrepair. They just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent. Sometimes the owners are downsizing or maybe have a severe illness and need to sell quickly while not bothered by repairs.
If you like to read how to evaluate and make repairs, please see “5 Tips for Selling a Rundown Property in Columbia.” Repairs can be expensive and many of them are hidden from view like damaged or aged roofs, foundation issues, and leaking water pipes to name only a few.
But here’s the “official” reason we’ll buy a house in any condition in and around the Columbia TN market (including other towns in Middle Tennessee).
Why Cash House Buyers In Columbia TN Will Buy A House “As-Is”
Since we buy houses with cash and don’t need to get bank approval… we have the flexibility to buy local Columbia houses in any condition and can close fast. Normally traditional banks won’t finance a house if it’s in disrepair.
They see it as a risk and won’t lend on the normal “fixer-upper” house.
Even with HELOCs, Home Equity Line of Credit, the bank is going to scrutinize the homeowner’s credit and do a driveby appraisal on the home. That leaves a lot of homeowners in our area without a good option to sell the house because 95% of the buyer pool has to get a traditional loan to buy a house and if the house is in need of many repairs, the appraiser isn’t going to appraise the house for the amount needed to qualify for a loan.
That’s where we come in.
Here at Southern Homes Investments, we are cash house buyers in Columbia TN. Our business model is to help homeowners who need to sell a house fast (especially houses that need work – fixer-uppers) by buying your house for cash… then we and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new homeowner.
Our work goes even further. By updating the distressed house in a neighborhood we add value to all other homeowners and improve the quality and looks of the neighborhood. Secondly, in many cases, the homeowners who sell to us are suffering from lower credit scores. By paying their house paid off, and quite possibly, catching them up on late payments, we improve their credit rating.
- We pay for all of the repairs.
- We pay for the closing costs.
- We do all of the work, so you don’t have to.
- There are no fees or commissions.
- We give you a check at closing, you give us the keys and walk away!
Our goal is to make the whole process no hassle for you, so you can move on with your life and put this house behind you. Even if you are facing foreclosure or are behind in a couple of mortgage payments, we can help you. We even have sellers calling us because they need to sell now because of a job transfer and they do not have a corporate relocation package. Going through a divorce or recently divorced? It is really hard to keep the mortgage payments up to date on a single income. We help homeowners in all of these situations and more.
We Buy Houses Columbia TN and throughout Middle TN In Any Condition, Give Us A Try! Call Us At 615-235-0612 To Get A Fast-Fair Offer On Your House Today! There is no obligation.
Columbia, Mt. Pleasant, Hampshire, and other nearby towns are filled with historic homes. We at Southern Homes Investments would like to see the preservation and repairs continue on these old buildings to preserve the rich history and architecture of the area. Columbia and all of Maury County are unique and present a fine collection of historic properties other communities in the country are envious.
If you would like to know more about us, please visit our Company Page at SouthernHomesInvestments.com. We are cash house buyers in Columbia TN.
Disclaimer: David Wright is a licensed real estate agent in Tennessee and this article is not a solicitation to list your house.