We Do Not Contact the Other Side
Not the neighbour who complained, not the nonprofit that filed, not the court. Not to sound anybody out, not to find out what they would accept, not to be helpful.
The reason is straightforward. A buyer who inserts itself into a live civil proceeding is affecting the value of the thing it is trying to buy, and it is doing so with information you do not have. That is not a position we should be in and it is not one you should permit. The framework is on our page covering the private right of action.
Even If It Would Speed Things Up?
We Do Not Comment on the Merits
Whether a claim against you is strong, whether a court is likely to order repairs, whether the process you have experienced was fair. We have opinions and they are worth nothing, because we are the party that benefits if you conclude the position is hopeless.
There is active federal litigation about how these cases are handled in Shelby County, brought on behalf of homeowners. Those claims are contested. A buyer telling you how that will come out, in either direction, is telling you something about their sales approach rather than about the law.
We Do Tell You What Is on the Record
Court filings are public. If we search and find something about your property, you get told, whether or not you sell to us.
That is particularly worth having if you are not local, because the thing that puts owners in the worst position here is a proceeding they did not know existed. Several of the people who contact us learn from us that something has been filed, and that is useful to them regardless of what they do next.
We Price the Proceeding, Openly
A live action affects what we can pay, because it affects timetable and risk. We say so on the face of the figure rather than folding it invisibly into a lower number.
If a case is resolved, or if what we assumed turns out to be wrong, the figure changes. A buyer who will not tell you which part of their number is the legal position is a buyer whose number cannot be checked.
Is That Not Just a Way of Justifying a Lower Offer?
What We Will Not Do Even If Asked
Draft anything for you to file. Attend a hearing with you. Speak to your lawyer without you present. Advance money against a sale that has not closed. Suggest that a hearing can be missed because a sale is in progress.
That last one matters more here than anywhere else on this site, because the reported route by which Memphis owners have lost properties runs through not appearing.
Where We Are Not the Right Answer
Where the frame came through and the finished value in your neighbourhood carries the work, a rehabber or an owner doing the work will beat us, and repairing is also what resolves any action. That combination is common in Midtown and in much of the county, and the written figure says so when it is the position.
Where a case is live and you want to keep the house, what you need is a lawyer rather than a buyer, and we would rather say that on day one.
The Ordinary Disclosures
We buy as principal, in our own entity, with our own funds, and we take title. We do not assign contracts. Nothing is charged to you at any stage, including if you decline. We are not brokers, not public adjusters, not contractors and not lawyers, and in a market with a civil docket attached the last of those is the one to hold on to.
We buy fire-damaged residential property across Memphis, Shelby County and the surrounding area, in any condition, including property with an action already filed. Beyond this region we would be the wrong buyer.
Where to Start
If something has been filed, call a Tennessee lawyer before you call anybody else, including us. Then read what a plaintiff has to establish on our page about how the process actually runs, and the sorting question on our page about how to tell local cash buyers apart.