How Much Does It Cost To Sell A House In Tennessee

Selling a house can be a complex process, especially when you factor in all the associated costs. Whether you’re selling a property in Nashville, Memphis, Knoxville, or any other part of Tennessee, understanding these costs is crucial for making informed decisions. At New Horizon Home Buyers, we make selling your house in Tennessee straightforward and hassle-free. In this guide, we break down the various costs involved in selling a house and explain how selling directly to us can save you time and money.

Understanding the Costs of Selling a House

Selling a house involves various expenses that can add up quickly. Here’s a breakdown of the primary costs you might encounter:

1. Real Estate Agent Commissions

One of the most significant expenses is the commission paid to real estate agents. Typically, this fee ranges from 5% to 6% of the sale price of the home. This commission is usually split between the buyer’s agent and the seller’s agent. For example, if you sell your home for $300,000, you could be looking at a commission of $15,000 to $18,000.

2. Closing Costs

Closing costs are fees associated with finalizing the sale of your home. These costs can vary but typically include:

• Title Insurance: Protects against any future claims on the property’s title. Cost: $500 – $1,000.
• Escrow Fees: Charges for managing the closing process. Cost: $500 – $1,000.
• Transfer Taxes: Taxes imposed by the state or local government when transferring property ownership. Cost: Varies by location.
• Recording Fees: Fees for recording the sale with the local government. Cost: $100 – $300.

3. Repairs and Renovations

To make your home market-ready, you might need to invest in repairs and renovations. This can include fixing leaky faucets, repainting walls, or addressing major issues like a faulty roof or outdated electrical systems. The cost can range from a few hundred dollars to several thousand, depending on the condition of your home.

4. Home Staging

Home staging involves arranging your home to make it more appealing to potential buyers. This can include renting furniture, hiring a staging professional, and making aesthetic improvements. Costs can range from $1,000 to $5,000 or more.

5. Utility Costs

Even after you’ve listed your home, you’re responsible for ongoing utility bills until the sale is complete. This includes electricity, water, gas, and other essential services. The cost will depend on the size of your home and your utility usage.

6. Property Taxes

You’ll need to pay property taxes up to the date of the sale. If your home sells before the end of the tax year, you might need to prorate the property taxes based on the date of sale.

We Buy Houses In Tennessee
Sell Your Home Without A Realtor!

At New Horizon Home Buyers, we specialize in buying TN houses directly from owners who want to sell their home fast for cash without using a realtor. Here’s how our simple home selling process works…

Step 1

FILL OUT THE FORM

Fill out the form to give us some basic information about your property.

Step 2

GET YOUR CASH OFFER

We will contact you to discuss your cash offer with NO Obligation to accept.

Step 3

GET PAID

We schedule a closing date that works for you and you get paid!

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We Buy Houses Without The Hassle

Cash Home Buying Company In Tennessee

“My wife and I recently sold an investment property to New Horizon and we could not ask for a better experience. Erik was incredible to work with and made each step of the process smooth and easy. Looking forward to working with them again!”

–Matthew Bonadies

The Benefits of Selling to New Horizon Home Buyers

1. Speed

Traditional home sales can take months, from listing to closing. With New Horizon Home Buyers, you can receive a cash offer within 24 hours and close the deal in as little as seven days. This fast process is ideal for those needing to sell quickly due to financial pressure, job relocation, or other urgent circumstances.

2. Convenience

We handle all the paperwork and administrative tasks involved in the sale. You won’t have to deal with the stress of coordinating repairs, scheduling showings, or negotiating with buyers. Our process is designed to be as easy and convenient as possible.

3. Flexibility

We offer flexible closing dates to fit your schedule. Whether you need to close quickly or require additional time to move out, we can accommodate your needs.

How to Get Started

Getting started with New Horizon Home Buyers is simple:

1. Contact Us: Fill out our online form or give us a call to provide some basic information about your property.
2. Receive a Cash Offer: We’ll evaluate your home and make a fair cash offer within 24 hours.
3. Close the Sale: Choose a closing date that works for you. We handle all the details and provide cash at closing.

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Frequently Asked Questions

Do you really buy houses in any condition in Chattanooga, TN?
Yes. We buy houses in any condition throughout Chattanooga and nearby areas — outdated, damaged, inherited, full of stuff, or mid-renovation. You don’t need to clean, repair, or fix anything. Just take the items you want, and we’ll handle the rest.

How fast can I sell my house in Chattanooga, TN?
Most sellers get an offer within 24 hours and can close in as little as 7 days. If you need more time, we set a closing date around your schedule. You stay in control — we move as fast or as slow as you need.

Are there any realtor commissions or closing costs?
No. We’re direct cash buyers, not agents, so there are zero commissions. We typically pay all standard closing costs too. The offer you receive is very close to what you’ll walk away with at closing.

How do you decide how much to offer for my house in Chattanooga?
We look at comparable sales in your neighborhood, the home’s condition, needed repairs, and current market trends in Chattanooga and TN. Then we subtract our costs and present a fair, transparent cash offer. We explain our numbers so you can make a confident decision.

Can you help if I’m facing foreclosure in Chattanooga?
Yes. We regularly help homeowners in Chattanooga who need to sell quickly to avoid foreclosure. In many cases, we can work within tight deadlines to help protect your credit and give you a fresh start.

Do I have to clean or remove unwanted items before selling?
No cleaning or hauling is needed. Leave anything you don’t want — furniture, trash, boxes, appliances — and we’ll take care of it after closing.

What types of properties do you buy in Chattanooga, TN?
We buy single-family homes, rentals, inherited houses, vacant properties, and fixer-uppers throughout Chattanooga and surrounding areas.

Can I sell my house in Chattanooga if I live out of state?
Yes. Many of our sellers live out of state. We handle everything locally — walkthroughs, paperwork, and closing. You can complete the entire sale remotely and receive your funds without traveling back to Tennessee.

What if my house needs major repairs or updates?
That’s no problem. We specialize in buying homes that need repairs, remodeling, or full renovations. You don’t need to fix anything before selling. We’ll give you a fair, as-is cash offer and take care of all repairs after closing.

How do I get started selling my house in Chattanooga?
Just fill out our short online form or call us at (423) 509-8393. We’ll ask a few quick questions, schedule a fast walkthrough, and send your fair, no-obligation cash offer. If it works for you, we’ll set a closing date that fits your timeline.

More Helpful Resources for Tennessee Home Sellers

Explore guides written specifically for homeowners in Chattanooga and across Tennessee. These resources explain your options, costs, timelines, and what to expect when selling your home in different situations.

Where We Buy Houses

Tennessee