We Buy Houses Nashville, we are Home Buyers in Middle TN that can close quickly with cash and no fees. Sell My Nashville House Fast, is a Anderson Real Estate Investments, LLC Company, founded by Michael Anderson
One question we get all of the time here at Anderson Real Estate Investments, LLC about our local Nashville house buying program is, “Can you buy my house for cash in Nashville or do I have to wait for a buyer to get a bank loan?“.
Great question and totally valid.
95% of all buyers of houses listed with a real estate agent go through the traditional “bank loan” process, which can take from 20-60 days from the time you accept their offer, to actually close on the property.
All the while you’re paying your mortgage payment, the utilities on the house, insurance, and a real estate agent commission at the end.
“Can You Buy My House For Cash In Nashville TN?” – How It Works
Here at Anderson Real Estate Investments, LLC we’re a local professional house buying firm.
We buy houses for cash, fix up the property to beautify the house and the neighborhood, and find another happy homeowner to buy the house.
The local house sellers we tend to work with usually need to sell their house fast… and the fastest way to sell a house is with a buyer who can pay cash. A cash house buyer helps you avoid having to wait for that buyer to get approved for the loan… and for that loan to work it’s way through the bank underwriting and funding process.
If you’ve ever gotten a loan from a bank to buy a house, you know how long the process can take.
If you don’t have the time to wait that long, that’s where we come in.
We can buy your house for cash, close quickly, and we pay all of the closing costs and fees associated with fixing up the property.
You get a quick, no-hassle sale.
You get cash in your hand on the schedule you need (in as little as 7 days), and we get the chance to help improve the neighborhood by doing any repairs or upgrades the property needs and getting a new home owner into the house as soon as possible.
We Buy Nashville Houses For Cash. Get Your Fair Cash Offer Today.
Give us a try! At Anderson Real Estate Investments, LLC we believe in a 100% no-hassle and no-obligation process.
Selling your TN house shouldn’t be tough or stressful.
If you need to sell your house fast and can’t wait the 3-6+ months it can take to sell your house yourself or through an agent, you don’t have anything to lose by seeing what we’ll offer on your house.
Fill out the short form through the link below or give us a call anytime at (615) 431-1577. We’ll get some basic information about your house and within 24 hours will send you a formal written offer. If the offer works for you, we’ll work with a local neutral 3rd party title company to put the sale paperwork together and set a closing date that fits your schedule.
Get the process started below or call (615) 431-1577!
Selling an inherited home in TN is not as easy as people think! Read on to learn how to sell a house you inherited in Nashville TN…
First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
Therefore we at Anderson Real Estate Investments, LLC have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Nashville, without having to sweat much.
Making the probate process go smoothly
Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too of course. We can also give you a fair deal for your inherited local Nashville house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Nashville
Before you embark on the selling process, your house must go through a probate. Most countries allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Nashville, you can then put it on the market.
The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.
How to sell a house you inherited in Nashville
Agreeing to sell
If you are ready to sell your house in Nashville, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Nashville “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Here at Anderson Real Estate Investments, LLC however, we will always give you a fair deal and help you get as much value from your inherited house as possible. We often times buy local houses in Nashville, repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Nashville house meets a few simple qualifications, we can buy your house fast.
You can fill out the form or pick up the phone and give us a ring anytime at (615) 431-1577
But, since our entire business is finding great deals… and often passing those deals onto real estate investors like you at huge discounts… I thought it would be a great idea to share with you some resources on how to effectively evaluate a Nashville cheap real estate wholesale investment fix and flip or buy and hold deal. This works in any market… Nashville, surrounding areas, TN, any other states across the country.
When you really boil it down… evaluating a real estate deal is a pretty simple process. If you’re looking to buy real estate as an investment, wholesale properties, hold them for rent… whatever, one of the most important parts is buying it right (i.e. – not overpaying).
So lets dive in.
How To Evaluate A Real Estate Deal – (for single family houses)
There are just a few main elements when you’re evaluating a deal.
Cost of repairs needed to get it back up to good condition
The after repair market value of the property (what it’s worth and can sell for today once it’s fixed up)
If you’re going to buy and hold for a rental… you need to know what you can rent it out for and what your “debt service” (mortgage payment) will be. Knowing this makes sure you’re buying so the property cash-flows each month
There are other things you can (and should) look at too… but those 3 are the main important things to look at first.
Cost of Repairs
One of the things you should do when you are looking at a property is find out how much it’ll cost you to fix it up to a point where it’s in great shape. In other words, the cost of repairs. This could be a new roof if it needs it, carpet, paint, a new kitchen, yard, maybe even more.
To find a good estimate of cost of repairs, the best advice we have is to get to know a contractor or two in your area and have them walk through the properties with you the first few times… have them quote out the repair cost… and build that into your offer.
After Repair Market Value
This is simple, but many investors get stuck on this part. This is essentially what you could sell the property for today… after you repaired it and brought it up to a great condition. This is found by finding out what other similar houses in the same area are actually selling for. NOTE: Don’t look at the “Listing” price… look at what houses similar to yours have actually sold for in the past 3 months. This helps you determine how much you could actually sell that house for if you had to… right now. You never want to over pay to a point where you can’t sell it for a profit in the next 3 months.
How do you find this? There are services out there that can help you with this… but often times the best way to find out the true value of a house is to talk to a Realtor that you know… or an appraiser. Heck, if you don’t know one… call up a few today… tell them you have a property that you’re potentially going to sell in the near future… and ask them what they think it should sell for.
Buy And Hold For Rental
So, you’re going to buy and hold for rental? Great! You don’t need to worry about what it’ll sell for right away. What you need to know is if it’ll pencil out on a month to month basis. You know… cash flow.
So, talk to a mortgage broker (or a private lender) and find out what the monthly mortgage payment will be for that specific property.
Then find out what you can rent the place out for on a monthly basis.
Then, you work backwards… and find out at what purchase price your mortgage payment will be low enough so you can make the monthly cash flow you need to make on the property. Be sure to figure in other expenses too like property taxes, maintenance expenses, property management fees, and keeping money in reserves for future repairs.
While the housing market is rebounding, many people in Nashville] are still struggling to make their mortgage payments.
If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose.
Thankfully, there are a number of things that you can do to avoid foreclosure in Nashville. It’s important to remember that moving quickly is absolutely paramount, and could save your credit rating and your home.
The Keys of How To Avoid Foreclosure in Nashville Don’t Abandon Ship
Many people simply give up and walk away from their home. There are even areas of Nashville have begun to resemble ghost towns, as the economy has impacted residents significantly.
Detroit is a prime example of what can happen when people abandon their homes.
This can be stressful situation, but it’s extremely important to keep your wits about you. A foreclosure will have a huge negative impact on your credit score, and likely prevent you from purchasing a home for years to come. If you sell your home, you could leave a portion of the loan unpaid, and the lender could pursue legal action against your for the unpaid portion.
While it’s extremely stressful, you do have options:
• Negotiate with your mortgage lender. Banks and other financial institutions are well aware that citizens of Nashville are struggling. If you haven’t missed a payment yet, you may have some leverage to renegotiate the terms of your loan. Banks don’t like foreclosing on homes, and many will work with you if you aren’t too far behind. You may be offered forbearance, or even a full loan modification.
• Ask for help from Uncle Sam. Over the last five years, the federal government has implemented a number of programs to help struggling homeowners. The Home Affordable Modification Program (HAMP) allows struggling homeowners to modify their loans, reducing monthly payments. The Home Affordable Refinance Program allows homeowners who are current on their mortgage payments refinance an adjustable rate mortgage into a low-interest, fixed rate loan. Both of these programs are subject to eligibility requirements.
We understand that the possibility of losing your home can be stressful. You aren’t alone. Citizens all over Nashville are going through the same troubles. Foreclosure can have a lasting effect on your financial life, and it’s important to move quickly and take advantage of any options available. You could save both your credit rating and remain in your home.
We may be able to help you avoid foreclosure… connect with us today and lets discuss your situation. We at Anderson Real Estate Investments, LLC don’t charge any fees… we’ll evaluate your situation… and present you your options so you can move forward and get this foreclosure behind you.
Selling Your Nashville House? Read this post to help you sell it faster today!
It is no secret that selling a house in Nashville can be one of the biggest transactions to a number of homeowners.
However, before you start marketing your house and bringing potential buyers into it… there are a few things you should do, that we’ve learned over the years here at Anderson Real Estate Investments, LLC, to help increase your chances of selling your house faster and for a better price.
Sell Your Nashville House Faster By Doing These FIRST
De-Clutter and Take Down Some Of Your Family Memorabilia
You might want to take your time and make the whole place less personal by removing family photos and other memorabilia if you have a bunch of it up. Get rid of that shrine of little Johnny’s sports metals and the fridge full of kids drawings. At first, this may feel very weird to you, but to a potential buyer… they need to be able to picture themselves in that house. But if you fill the fridge with pictures and momentos of your family… it makes it harder for the buyer to see the fridge and picture their own things on it.
The following are other things that will play out before you sell your home.
Price it Right
While it can be very easy to decide on what you want your home to fetch in the market, it will make more sense if you consider the industry standards when determining its actual market value. And just know that what you want for your house and what someone in the current market will pay for it may be two different things.
Remember many people may be looking for homes, but they have become smarter than never before and they come armed with “research” they found online on websites like Zillow (which tends to value houses lower than what a buyer will actually pay for them). After all, research has actually shown that over 90% of home buyers start their search for new homes through the internet… so make sure that you’re not asking far more than the online sources show (or have a great reason to back up your higher price to potential buyers).
NOTE: If you’re looking for an accurate value to your Nashville TN, we can actually help you with that. We buy houses in Nashville and know the market very well and would love to give you a no obligation offer on your house and a very accurate Valuation so you know what other buyers in the market may pay on the open market. Just call us, Anderson Real Estate Investments, LLC, at (615) 431-1577 or submit your property information to us through the form through this link here >> at Nashville Home Buyers
Make the Property More Enticing
Technically, once you have the house marketed, in many cases, it can attract attention right away. As a matter of fact, studies have shown that over 70 percent of the potentials buyers will see the home within 3 to 6 months after its listing. However, if you’re not getting the attention you want for your house… there are some things you can do to make your house look better to potential buyers.
Do the small things in your yard… ideally you can ensure the shrubs and the yard are neatly done and trimmed. You can even go extra mile and you replace the existing flowers with new and fresh ones.
Do repairs or repaint your house if it’s looking battered and bruised. It’s is more important than you may think.
If you have great furniture… think about including some of the furniture in the sale if the buyer wants it.
The thing about most “retail” buyers out there… is the majority of them have a hard time looking past the ugly parts of a house. Yes, they can repaint it after they buy… or they can re-do the yard… but a first impression is a lasting impression… and some buyers just can’t get past that initial ugly visual.
Don’t have the money or time to do the repairs or upgrades yourself?It may take a while to sell a house that has been neglected over the years. But, local Nashville TN home buyers like Anderson Real Estate Investments, LLC, we can buy your house fast, for cash, and you won’t have to do any repairs yourself. We’ll take care of it all, on our dime.
If you’re interested to see what we can pay for your Nashville house, fill out the form on the next page here >> at Nashville Home Buyer
We’ll make you a fair cash offer within 24 hours. No obligation. No rush.
Have an Inspection Carried Out
To avoid being surprised with some property problems that must be sorted before the deal is closed, make sure you have an inspection done and the key reports prepared well in advance that is long before the buyers start to show up. Ensure every single issue is dealt with. The best part, the more your house is problem free, the more it is going to sell within the shortest time possible.
If you need a referral to a great local Nashville Home Inspection Service, shoot us an email or give us a call at (615) 431-1577 and we’d be happy to give you some names of reputable inspectors who can help you out.
Get All the Paperwork
Although, this step is often ignored, it is surprisingly important. After all, every buyer will actually want to know everything about the house before he or she takes the rein. Who normally does the maintenance and after how long, when were the important systems like the HVAC last maintained, etc. are some of things that the buyer will want to see.
Selling A House In The Local Nashville Real Estate Market Can Be…
… challenging if you don’t have your ducks in a row.
If you’re having a hard time selling your house as quickly as you want… consider doing some of the things I lay out in this article to make your house more attractive to potential buyers.
Also, if you need to sell your Nashville house fast and are having a tough time doing so… connect with us.
We buy local houses. We can pay cash for your house, pay you a fair price we both agree on, and get you out of your current house in as little as 7 days rather than having to wait months and months to sell your house the traditional way.
Looking for a cash buyer for your Nashville TN house? Ask yourself these 2 questions first…
If your Nashville, TN house is facing aforeclosure, and you wish to avoid it… or if you just need to sell your Nashville house fast for another reason (you inherited a house,relocating and need to sell, lost your job,agent can’t sell your house, etc.)… then one of the best options that you can consider is thinking about finding someone to buy your Nashville TN house for cash.
By doing this, you will not only profit by improving your credit rating but also get extra money into your account. Your credit score, which is an important aspect of your financial life, will remain untainted since you will settle your debt in time, and you can use the extra cash from your sale in other projects. However, you have to study the prevailing market conditions. That is, find out factors that are likely to influence the value of your home… before getting ready to sell it. Remember, when your house is foreclosed, you will lose your property as well as your credit rating.
Buy my Nashville TN house for cash: The Plan
The first step that you need to take in order to sell your Nashville house fast to someone else with a “buy my Nashville TN house for cash” mentality, is to come up with a game plan.
Your real estate agent should help you come up with this. Be sure to negotiate with your lender as you contact an agent who is well informed regarding the sale of such properties in your area. The agent should have the latest report on property values in order to help you quote the right price for your house.
1. How fast do you need to sell?
This is one of the most important first decisions you need to make… because this really dictates what options you really have. If you have more time… you have more options open to you.
If you have less time… your options are a bit fewer… but you still have great options out there.
2. How much do you need to sell your Nashville house for?
Note that above it says “how much do you need” to sell for. If you’d like to sell your house for full retail… but you have to sell your house fast and can’t afford to list it with a real estate agent… determine what you need to get out of your house sale.
That’ll help guide you to your true options for selling.
If the price you “need” to get doesn’t leave room for a real estate agents commission… you may need to look at selling the house FSBO or getting an offer from a local real estate house buying company like us… to see if that gets you closer to where you need to end up.
On the flip side… if you need near full-retail value and you can wait it out for a retail buyer to come along who can pay that price… list your house on the MLS. If you don’t have the time… consider talking to us for a fast cash offer on your house (we can make you an offer in less than 24 hours and close in as little as 7 days if you need to, with all cash).
3. Look into your options and take action!
Like I mentioned above, if you’re looking for someone who can say “yes”! when you ask them to “buy my Nashville TN house for cash”… the main things you need to determine yourself are:
How fast you NEED to sell
How much you NEED to get out of the sale
Once you know those… look at your options below as a quick guide to help you decide which options may work for you with your local Nashville house sale.
Real Estate Agent: If you can wait 3-6 months to sell and can afford the 3-6% in commissions on the sale. If so, going with an agent will likely get you your highest price on your property.
Local Real Estate Investor / House Buyer: If you need to sell fast, we can buy your Nashville house in as little as 7 days. We won’t be able to pay full-retail on your house… but we don’t charge any fees at all. What we offer you is what we pay you. If you value your time and a quick sale more than making a few extra bucks 6 months from now… call us today at (615) 431-1577or click the link below to fill out our online fast offer form.
For Sale By Owner: If you can wait 3-6 months to sell but can’t afford the 3-6% in commissions to an agent, you may want to try to sell it yourself.
Talk To Your Bank: If your mortgage is “underwater” or you’re in or nearing foreclosure… your first step may be to talk to your bank to see if they have any mortgage relief programs. Some banks offer assistance or can at least guide you in a direction to lessen the burden.
We can help you strategize how to sell your Nashville TN house fast. Give us a call at (615) 431-1577 for help selling your house fast, or fill out our form to see if your property qualifies for a fast-fair all cash offer.
There are several reasons why you may be thinking “buy my Nashville TN house for cash – please let it be that simple” (and it can be). Regardless of your reasons, you need to prepare your house for sale just as you would any other product. A thoughtful preparation WILL turn your home into an attractive option for buyers. Doing it this way, you can sell your house fast and get top dollars.
So you wanna get started investing in Nashville and you’re checking things out, eh?
Good for you. Always do your homework and you won’t get schooled.
Here’s some great tools that we’ve found and we use from time to time and great real estate investing resources in Nashville for investors here locally to tap into for quick research on your investment deals.
The best thing is most of these sites below are completely free!
Zillow is the biggest, baddest real estate website on the block. They are building data on real estate wealth like few other sites.
The CEO of Zillow, Spencer Rascoff, said their company’s best asset was their “living database of all homes”.
The Zestimate tool is off, as a lot of folks have noted. It’s fun to see what the computer calculates, but you still gotta know how to analyze the comps and evaluate the market for yourself.
Spend a lot of time on Zillow and get to know the intimate details of each property sold in your target Nashville neighborhoods. Really try to identify the psychology of the prices, and seek to understand why the seller and buyer picked that point to settle.
Remember, each sale is like a tiny piece of a moving puzzle that makes up the whole market.
Zillow is an awesome tool for investors to get to know their markets.
Craigslist is an awesome site. There’s huge deals there, if you spend the time on the site. People write terrible ads for great properties. Happens every hour of every day across TN. Sometimes the best properties only get one terrible ad. So you’ve got to scour.
LoopNet is the granddaddy of commercial real estate investing.
You wanna sell a gigantic freakin building to institutional investors, this is the site you want to list it on.
Sometimes there are great deals on LoopNet, but you’re competing with every other investor to find them. If you are a Grade-A investor working with a top broker, you’ve got a chance to win the bid and seal the deal. This is not the site for rookies.
LoopNet is a great place to learn about the market in Nashville and see how the major money is moving. You’ll be surprised what you can learn, so start searching through the properties for sale and watching where they close.
Just like its name suggests, Auction.com is a big clearinghouse of auctions, — foreclosures, REOs, short sales, distressed properties, land, new construction — you name it, they probably sell it.
Definitely check out the auction calendar, and make a trip to visit some Nashville auctions. You never know who you might meet at an auction – maybe your future business partner?
The largest place to search the MLS (multiple listing service), Realtor.com is sometimes confusing and often doesn’t seem consistent with what data it displays.
But it’s got some neat search alerts and other tools that help you get alerted when a broker in your neighborhood has added a listing. If you’re serious about investing, you probably want to form a good relationship with an excellent Realtor, rather than just the website.
Most investors overlook Walkscore.com – a big mistake.
Walkscore tells you a ton about any given address. It tells you how a potential renter or buyer will evaluate it – what’s nearby and how long it takes to access.
It’s also a fantastic tool to target areas that are underpriced for their amenities. If an area has a really high walkscore and low prices, chances are good that prices will rise in the next few years. There’s big exceptions – but walkability is a really key factor in Nashville investment.