Not to get an offer. Cash home buyers in our network buy homes in almost any condition, so you can ask before you repair, paint, or clean anything.
Sell your Salem house on your terms
Get a fair cash offer on your Salem home, then pick the date you want to close.
We buy houses in Salem
A cash sale in Salem comes down to a short form, a visit to your home, and an offer you can accept or turn down.
STEP 01
Request your cash offer
Share a few details about your Salem home and how soon you’d like to sell.
STEP 02
Plan one visit
A cash home buyer comes by once to see the property in person.
STEP 03
Get your cash offer
Review the offer at your own pace, with no obligation to say yes.
STEP 04
Close your way
Choose the closing date that fits your plans and get paid at closing.
Why sell your Salem house with SellMyHouse.co
Here’s what a cash sale changes for a Salem seller.
- Leave the house as it is. Cash home buyers in our network buy homes in almost any condition, whether that means a dated kitchen, an older roof, or deferred maintenance.
- Skip the agent fee. A traditional sale of a median-priced Salem home typically carries $22,000 to $27,000 in agent commissions, and a cash offer doesn’t deduct them.
- Close when it suits you. Relocating, downsizing, or settling an estate, you pick the date.
- No open houses or repeat showings. A cash home buyer typically makes an offer after seeing the property once.
- Less typical situations are familiar ground. Cash home buyers in our network often work with inherited homes, rentals with tenants, and homes that need major repairs.
What Salem sellers need to know
Oregon gives buyers a window to back out after the disclosure, charges no transfer tax in Salem, and has its own foreclosure and homestead rules.
Seller disclosure
Most Oregon sellers must give buyers a Seller’s Property Disclosure Statement. Unless the buyer waives the right, they have 5 business days after receiving it to revoke their offer in writing, whether they’re paying cash or using a loan.
No transfer tax in Salem
Washington County is the only Oregon county with a real estate transfer tax, so sellers in Marion and Polk counties, where Salem sits, don’t pay one. Oregon also limits how fast a home’s assessed value can grow, generally to 3% a year, and the value doesn’t reset when a home sells.
Foreclosure outside of court
Most Oregon foreclosures happen through a trustee’s sale instead of a lawsuit, and the trustee must send a notice of sale at least 120 days before the auction. In most cases, there’s no right to buy the home back afterward. Selling before the auction may let you pay off the loan from your proceeds and keep any equity.
Homestead exemption
Oregon protects up to $158,300 of equity in your primary home from most creditors, or $316,700 for joint owners, and the amounts adjust each July. The protection applies automatically. It doesn’t stop your mortgage lender from foreclosing, and it doesn’t cover property taxes. Oregon’s statewide rules also govern sales in Salem.
Frequently asked questions
No. Oregon allows one in only a single county, Washington County, so sellers in Marion and Polk counties don’t pay it.
Often, yes. Investors, including cash home buyers in our network, often buy tenant-occupied rentals, and a lease typically carries over to the new owner along with Oregon’s tenant protections. A tenant in place can affect what buyers offer, so check your lease terms, and an Oregon real estate attorney can confirm what applies to you.
It depends on your home and your timeline. If your home is move-in ready and you can wait, listing may bring a higher price. If it needs work or you need to move soon, a cash sale can spare you the repairs and showings and let you choose your closing date, though the offer will usually be lower than a listing might bring.
In most cases, yes. Oregon requires at least 120 days between the notice of sale and the trustee’s auction, which can leave time to sell. Selling before the auction may let you pay off the loan from the proceeds and keep any equity, and a foreclosure attorney can explain your exact timeline.