How Can I Sell My House to Avoid Bankruptcy?
We Can Help You Sell Your House Before Bankruptcy
You may feel financially overwhelmed by your monthly mortgage, credit card debt, car loan, and other financial obligations. As a result, you may feel that bankruptcy is the solution. However, there is another solution for getting out of your mortgage and other debt. You can sell your house as-is for cash to New Porch Home Buyers.
We buy houses as-is in Knoxville, Tennessee. We can help you avoid bankruptcy by paying cash for your house and closing the sale before your bankruptcy goes through. A cash home sale allows you to sell your property without making home repairs or paying closing costs. Plus, you don’t have to hire a realtor. Simply transfer the property title, get paid, and walk away with no strings attached.
To get started, fill out our contact form or call us at (865) 234-9995 to get a fast cash offer.
Can I Legally Sell My House During Bankruptcy in Tennessee?
It is possible to sell your house during bankruptcy in Tennessee. However, it depends on the type of bankruptcy you file, and the specific circumstances of your case.
In a Chapter 7 bankruptcy, the bankruptcy trustee may liquidate your assets, including your home, in order to pay off your creditors. However, if you are current on your mortgage payments and the equity in your home is exempt under state law, you may be able to keep your home and sell it after the bankruptcy is complete.
In a Chapter 13 bankruptcy, you may be able to keep your home and make payments on your mortgage through a repayment plan, which allows you to keep your property.
However, if you want to sell your house, the court, trustee, and lender will work with you to arrange the details of the sale. Our team can make the sale easy by simplifying the process so that you and the lenders get their money faster.
How Does a Cash Home Sale Work?
A traditional home sale can be difficult if you need to sell your house quickly due to all the steps involved. You must make home repairs, hire a real estate agent, list the house, stage and show the house, negotiate with buyers, and go through a long closing process. New Porch Investments simplifies the process, giving you the flexibility you need to sell your house fast in Knoxville.
Tell Us About Your Property
Contact us, or we’ll contact you to learn more about your property. Tell us about your house and why you are selling it. Let us know about the challenges of selling your house and how we can help you with a fast cash home sale.
We Do a Property Assessment
Once you tell us more about your property, we will conduct a quick assessment of your home’s current market value. We consider all factors when assessing your property. If we like what we see, we’ll move forward.
Get a Cash Home Offer
We’ll present you with a written, no-obligation offer. We typically submit most offers within 24 to 48 hours, so you don’t have to wait. Our offers are fair to create a win-win situation between the home buyer and the seller.
Close the Home Sale
If you accept our offer, the final step in the process is to close the sale. We use a local reputable title company to transfer property ownership. You can close the sale and get paid in as little as 21 days!
How Can a Cash Home Sale Help Me Avoid Bankruptcy?
Before you contact a real estate agent, you owe it to yourself to explore all the options available for finding a buyer. While a realtor can help you sell your home in Tennessee, a cash home sale has several benefits.
Sell Your House When You Want
Even in a strong Tennessee real estate market, there are no guarantees that you will sell your house fast in Knoxville or when you find a buyer. The average time to make home repairs, find a buyer and close a home sale is 60 to 90 days. If you sell your house as-is for cash to a company that buys houses in Tennessee, you can close the sale in as little as 21 days.
Pay Little to No Selling Expenses
One of the reasons home sellers become disillusioned with selling a house is because they are unaware of the thousands of dollars they have to fork out to sell their homes. The three biggest home-selling expenses include realtor commissions, home repairs, and closing costs. By paying for these costs, your profits have dwindled considerably.
Work with a Pre-Qualified, Committed Tennessee Home Buyer
Another frustration with a traditional home sale is getting offers from buyers who back out at the last minute. At New Porch Investments, we buy homes in TX. We work with countless home sellers on all types of real estate deals. Therefore, we have the funding necessary to secure a deal. We will never make a cash offer unless we are ready to commit to a real estate transaction.
Where Can I Find a Company That Buys Houses in Knoxville?
If you live in Knoxville, Tennessee, you can sell your house as-is for cash right now. New Porch Investments works with home sellers in homes in these and OTHER cities in your area (contact us if your city is not listed):
Sell Your House Fast for Cash to New Porch Investments
When you are ready to sell your house, we are ready to make a cash offer. New Porch Investments can assess your property, make a cash offer, and help you quickly close so that you can sell your house fast and walk away with no strings attached.
To sell your house fast in Knoxville, call (865) 234-9995 or fill out our contact form to get a fast cash offer.