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

How Much Does It Cost To Sell A House In Probate In Tennessee

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 This can include fixing leaky faucets, repainting walls, or addressing major issues like a faulty roof or outdated electrical systems.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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How Selling Directly to New Horizon Home Buyers Can Save You Money

Selling your house to New Horizon Home Buyers can significantly reduce your costs and streamline the selling process. Here’s how:

1. No Real Estate Agent Commissions

When you sell directly to us, you avoid the need for real estate agents altogether. This means you don’t have to pay the standard 5% to 6% commission fees, saving you thousands of dollars.

2. No Closing Costs

We cover all closing costs, including title insurance, escrow fees, and recording fees. This means you won’t have to worry about unexpected expenses at the end of the transaction.

3. Sell As-Is

We buy homes in any condition, so you won’t need to spend money on repairs or renovations. Whether your home needs minor updates or significant repairs, we will purchase it as-is, saving you both time and money.

4. Fast and Hassle-Free Process

Selling to New Horizon Home Buyers is quick and straightforward. We provide cash offers, and you can close the sale on your timeline. This eliminates the need for home staging and minimizes your ongoing utility costs.

We Buy Houses Without The Hassle

Competitive Cash Offer

We will work with you to make a fair cash offer for your home that’s a win-win for everybody.

No Fees Or Realtor Commissions

We buy the house directly from you. There are no realtors involved which means no realtor fees.

We Pay Closing Costs

We pay the closing costs associated with selling your property so you don’t have to.

Fast / Flexible Closing Dates

You have total flexibility to choose when you want to close. Sell your house fast or take your time. It’s up to you.

No Cleanup Needed

Don’t worry about cleaning up the home or fixing anything. We will buy your house totally as-is.

Got Another Offer? Let Us Try & Beat It!

We can often offer more than other cash home buying companies. There’s no obligation so what do you have to lose?

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.

Why Pay Thousands In Agent Fees?

We Buy Houses For Cash In Tennessee

Why not request a Cash Offer from New Horizon Home Buyers before you sign a 6 month listing agreement to sell your house with a realtor? We will get you an offer quickly so you can make an informed decision about selling your home. The entire process is 100% FREE and there is no pressure to accept our offer. You have nothing to lose! Compare selling to us vs. selling with a realtor.

How to Get Started

Getting started with New Horizon Home Buyers is simple:

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

We Can Buy Your House Fast In TN

Get your fair cash offer to sell your home quickly and without the hassle.

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Conclusion

Understanding the costs associated with selling a house in Tennessee is crucial for making an informed decision. From real estate agent commissions to repair costs, these expenses can add up quickly. Selling directly to New Horizon Home Buyers offers a cost-effective alternative, allowing you to avoid traditional fees and sell your home as-is.

If you’re ready to sell your house quickly and efficiently, contact New Horizon Home Buyers today. Our experienced team is here to provide a fair cash offer and guide you through every step of the process. Save time, reduce stress, and keep more money in your pocket with a hassle-free sale.

Buy My House In Tennessee

Tennessee

Home Buyers In Tennessee

New Horizon Home Buyers – We Buy Houses – Sell My House Fast
651 E 4th St. Suite 200, Chattanooga, TN 37403
423-509-8393

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