✍ Editor’s note:
We spent hundreds of hours researching legitimate We Buy Houses for Cash companies in Mississippi to find the 4 best options. Our rankings include considerations like offer time, closing time, customer reviews, and availability (nationwide, statewide, or county/citywide only).
We Buy Houses for Cash companies purchase homes as-is, take care of any repairs or renovations a property needs, and then resell it for a profit. Since these companies can make quick cash offers (usually within a week), they’re great for sellers who are more concerned about their timeline than maximizing profits.
However, selling to a We Buy Houses company generally means that you’ll earn significantly less than what your home could sell for on the open market.
If you’re considering selling to a We Buy Houses company, we strongly recommend talking to a top local agent before you make a decision. An agent can advise you if your timeline would work with a traditional listing — and help you earn a higher profit.
Talk with an agent after getting a cash offer from a We Buy Houses company to see how much you could earn by selling with an agent vs. selling to a cash buyer
Our friends at Clever Real Estate can get you a free, no obligation home valuation from a top real estate agent in your area.
Summary: Top 4 We Buy Houses companies in Mississippi
|Company||Time to offer||Time to close|
|MS Home Buyers||24 hours||7 days|
|Southern Properties United||24 hours||7 days|
|We Buy Ugly Houses||24–48 hours||21 days|
|We Buy Houses||24–48 hours||7–14 days|
Who should sell to a We Buy Houses for Cash company?
Selling to a We Buy Houses company isn’t right for everyone. If you aren’t facing a tight deadline and want to earn the most money, it’s probably best to sell with a real estate agent.
However, it may be a good option if you:
- Own an unwanted property
- Have to relocate unexpectedly
- Can’t afford expensive home repairs
- Need to sell quickly
We Buy Houses companies can close quickly — usually within a week — because they pay cash. Typical home sales usually take at least a month to close because the buyer’s loan has to be approved.
We Buy Houses companies will also purchase your house as-is, so you don’t need to make any repairs or renovations. This is great if you’re short on time or money to fix things up for a traditional listing.
If you’re not sure selling to a We Buy Houses company is right for you, Clever can connect you with an expert! A local realtor can give you an estimated timeline for selling your house and help you determine which route is best for your needs.
Top 4 Mississippi We Buy Houses for Cash companies
MS Home Buyers: Best for fixer-uppers
MS Home BuyersWebsite
- (601) 336-1835
- Offer in 24 hours
- Close in 7 days
MS Home Buyers has been purchasing mobile homes, land, and single-family properties since it was established in 2002. The company’s representatives pride themselves on being “Helpers Not Hagglers” to help sellers make the best decision on their unique circumstances.
MS Home Buyers will purchase land, mobile homes, and single-family houses throughout the state of Mississippi.
MS Home Buyers has been an established business in Hattiesburg since 2002, according to its Zillow and Yelp profiles. The company strives to be “Helpers Not Hagglers” and is willing to buy single-family homes, land, and mobile homes across the state of Mississippi.
Sellers typically receive an offer from MS Home Buyers within 24 hours, and it takes an average of 7 days to close on the sale. However, the company is happy to close whenever works best for each seller’s timeline. For example, one Facebook post details how a seller went from getting a cash offer to closing in just two and a half days!
Although most We Buy Houses for Cash companies promise to buy homes in any condition, MS Home Buyers proves it actually does. Some properties it purchased have required extensive repairs due to years of neglect, vacancy, or even fire damage.
Company reviews frequently mention how transparent and convenient the entire process was, no matter what condition their properties were in. “It was such a relief to know that they would take care of everything and we no longer need to make that drive to maintain the property,” one couple reported.
Another customer said, “I had a fire in my home in Hattiesburg which caused significant damage.” Nonetheless, MS House Buyers “took care of all the details, gave me a fair price for my home, and was a pleasure to work with.”
One review stated their “house needed several repairs, including a new roof, new AC, foundation work, and cosmetic updates.” MS Home Buyers purchased the home in its condition for a fair price, and the customer was thrilled to not have to worry about making expensive repairs on their own.
If you’re worried that your property is too much of a fixer-upper for a standard buyer, selling to MS Home Buyers could be your best option.
Southern Properties United: Best for small town sellers
Southern Properties UnitedWebsite
- (228) 338-1655
- Offer in 24 hours
- Close in 7 days
Southern Properties United is a veteran-owned, BBB-accredited company that has been in business since 2007. Sellers can get a cash offer on their homes within 24 hours and close in as few as 7 days.
Southern Properties United buys properties throughout the state of Mississippi, but primarily in southern counties.
Southern Properties United is a veteran-owned company based in Biloxi and operates in over a dozen cities throughout the state. According to its website, the company has been “Buying Homes and Raw Land in Mississippi since 2007” and it is accredited by the Better Business Bureau (BBB).
Sellers will be contacted within 24 hours of submitting a brief form on the website, and closing can occur within 7 days, although the company states it can close faster if needed.
The owner of the company explains on the Southern Properties United Facebook page that his motivation is simply “to help.” He states in several posts that it’s “gratifying” to see how his services help reduce stress for sellers.
One post from the owner reads: “Sometimes the best feeling is watching the difference in someone’s aura before and after closing. They may show up looking extremely stressed […] but when they leave it’s as if they shed 100 pounds that was squarely on their shoulders.”
Customer reviews rave about how Southern Properties United made selling easy and stress-free. Some notable quotes include:
- “We contacted Jeremy about a rental property we were selling. He came out and viewed the home, and in about 2 weeks all paperwork was done.”
- “Took an eye sore and turned it into a beautiful home.”
- “I wanted to send you a quick note to thank you for the quick, easy and painless transaction we experienced when working with you.”
One of the most unique aspects of this company is that it seems to operate out of a genuine desire to improve neighborhoods and relieve property owners of unwanted or inherited homes. The business owner and his team appear to be invested in local communities and helping out in less populated areas where sellers have fewer resources.
We Buy Ugly Houses: Best for inexperienced sellers
We Buy Ugly Houses MississippiReview
- (866) 200-6475
- Offer after home evaluation
- Close in 21 days
We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close in as few as 3 weeks.
We Buy Ugly Houses purchases homes across Mississippi, including Biloxi and Jackson.
There are over 800 We Buy Ugly Houses franchises across the U.S., including 4 Mississippi locations:
- Biloxi-Gulfport area
- Columbus-Tupelo-Westpoint area
- Jackson area
- Meridian-Hattiesburg area
The company can give sellers an offer within 48 hours and help them close within 30 days.
HomeVestors — the company behind We Buy Ugly Houses — has been in operation for over 25 years and is one of the most recognizable We Buy Houses for Cash companies in the U.S.
The website states that the company has a 94% customer satisfaction rate, and customer testimonials rave about the quick and easy transaction process.
However, some customers shared that they received low ball offers and ended up earning up much more by selling to a different buyer. It should be noted that selling to a We Buy Houses for Cash company will always net you significantly less than your property’s estimated market value, so we recommended getting a few quotes from different companies and agents to get a better idea of what you could realistically earn.
Nonetheless, if you’re looking for a We Buy Houses company with a high success rate and a strong reputation to uphold, We Buy Ugly Houses is a trustworthy option.
We Buy Houses: Best for finding a trustworthy investor
We Buy Houses MSWebsite
- (877) 932-8946
- Offer in 24-48 hours
- Close in 7-14 days
We Buy Houses is a network of cash buyers that have been buying homes all over the U.S. since 1997. It can make an offer anywhere from 24–48 hours and can close as quickly as seven days. Sellers who left reviews said they were pleased with the fast and easy transactions that the company provided.
We Buy Houses purchases properties across Mississippi.
We Buy Houses is a national network of cash buyers that can purchase properties throughout the state of Mississippi.
Sellers can receive a cash offer within 48 hours by submitting a form on the We Buy Houses website, and closing can occur within 7 days.
We Buy Houses can help with tricky real estate complications like:
- Problem tenants living at the property
- Homes that are vacant or in need of extensive repairs
- Sellers who have moved away from the city their property is in
- Sellers who are behind on their mortgage payments
Most customer reviews say that the company helped them close on their homes fast, even in difficult or complicated situations. Since We Buy Houses has been in operation since 1997, the brand has a lot of experience under its belt when it comes to real estate problems.
One way that We Buy Houses differs from similar companies is that it has a thorough vetting process for each of its investors.
Investors need to apply for a license with We Buy Houses and agree to the company’s code of ethics. They’re evaluated based on their experience, number of properties purchased, time in the real estate industry, and their local reputation.
Licensed We Buy Houses investors are also invited to a mastermind sessions twice per year to learn and connect with other professionals. This means you’ll be dealing with knowledgeable professionals throughout the whole process.
Not seeing the right company for you? Check out our list of the top cash buyers across the country!
How do We Buy Houses for Cash companies work?
We Buy Houses for Cash companies generally look for homes that are undesirable to typical home buyers (like properties that need lots of repairs or renovations), fix them up, and then sell them for a profit.
The business model helps people sell unwanted properties quickly and then provides modernized homes to standard home buyers on the open real estate market.
Pros and cons for Mississippi home sellers
|Quick and easy sale: Most companies can close on your home within 1 week.||Low earnings: Most companies follow the 70% rule, so you won't earn nearly as much as you could on the open market.|
|No paperwork: Cash buyer companies should do all the paperwork for you so selling is a breeze.||Little room for negotiating: We Buy Houses companies flip homes to make a profit, leaving little room for sellers to negotiate a higher sales price.|
|Not picky: If you think nobody would ever buy your property, it's probably perfect for a cash buyer!||Potential for bad service: Local companies might not have the same reputation and customer service standards as national chains.|
|No out of pocket costs: Most companies don't charge any fees and will cover your closing costs.|
How much do We Buy Houses companies pay in Mississippi?
🚨 Keep in mind, this is the best case scenario. A We Buy Houses company is likely to pay as little as possible to maximize their profits.
We Buy Houses companies and local real estate investors generally use the 70% rule: never pay more than 70% of a home’s after repair value (ARV), minus repair costs. You can get a ballpark idea of your home’s ARV by looking at listing/sale prices of homes in your neighborhood that would compare to yours after renovations.
The median listing price of homes in Mississippi is $274,950. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $142,465.
(After repair value x 0.70) – Repair costs = Purchase price
($274,950 x 0.70) – $50,000 = $142,465
When is selling to a We Buy Houses company worth it?
Selling to a cash buyer company isn’t right for everyone, but it could be worth it if:
- Selling quickly is your top priority
- Your home needs significant repair
- You’re behind on your loan or underwater on your mortgage
- The home is vacant
If you aren’t facing a tight closing deadline and don’t need cash from the sale ASAP, there are probably better options for you that will help you earn more money.
Better alternatives for Mississippi home sellers
List with an experienced real estate agent
Every seller should start their selling journey with a home valuation from an agent, even if they decide to sell to a cash buyer or ibuyer. An agent valuation is usually free, and it will give you reassurance that you’re making the right decision.
Another thing to note is that top-performing agents can still sell quickly (especially in this market), and they can specifically target cash buyers or investors in your area. Depending on your unique situation, a realtor may be able to help you close on your home just as quickly as a We Buy Houses company.
If your home doesn’t require a lot of expensive fixes, selling with an agent could be a great option that will help you earn more money.
Who should use a We Buy Houses for Cash company in Mississippi?
Sellers who need cash fast or have properties in poor conditions will find the most value in a We Buy Houses company. These companies can close in as little as a week without the need for any fees or repairs. The drawback is that sellers won't earn as much as their home would be worth on the open market.
How much will I earn selling to a We Buy Houses company in Mississippi?
Most We Buy Houses companies in Mississippi won't pay more than 70% of a property's after repair value (AVR). So, if your home is expected to be worth $160,000 after $50,000 worth of renovations, you'll probably earn about $62,000. Here's how this is calculated: ($160,000 x 0.7) - $50,000 = $62,000.
7 Companies That Buy Houses for Cash in 2022: Want to learn about all your selling options? Check out our other piece on iBuyers and We Buy Houses companies!
How to Sell a House Without a Realtor in Mississippi: If you’re thinking about selling to a We Buy Houses company to avoid working with an agent, learn about other ways to save more of your time and money as a FSBO seller.