Sell My House to Avoid Bankruptcy or Foreclosure in Knoxville, Tennessee

Bankruptcy and foreclosure can be devastating, leaving you feeling overwhelmed and powerless. Late mortgage payments not only disrupt your life but can also have long-lasting effects on your credit score and future opportunities. So, if you are about to lose your house, we have a better solution. Sell your house to avoid bankruptcy or foreclosure.

At New Porch Home Buyers, we buy houses as-is in Knoxville, TN. We can stop the bankruptcy or foreclosure process with a cash home sale. Our local home buyers can assess your property, make a cash offer, and close in as little as seven days. You make no home repairs and pay zero closing costs or realtor commissions. You can sell your house regardless of your situation or the condition of the property.

Call (865) 234-9995 to get cash for your home from our local home buyers in Tennessee.

We Work with Homeowners in All Types of Situations

A financial hardship such as foreclosure or bankruptcy can make you feel paralyzed, feeling like you have limited options. New Porch Home Buyers offers a cash offer solution that frees you from your mortgage and gives you a fresh start. We work with home sellers in all situations, including.


In Tennessee, the foreclosure process begins when you default on your mortgage payments. Typically, your lender will send you a notice of default, giving you 30 days to make up the missed payments. If you fail to do so, the lender initiates a nonjudicial foreclosure by publishing a notice of sale in a local newspaper for 20 days before the scheduled sale date. 

New Porch Home Buyers provides a quick and hassle-free way to sell your house to avoid foreclosure.

  • By selling your home for cash, you can bypass the lengthy and complex traditional home sale process, which involves showings, inspections, and negotiations.
  • With money from a cash sale, you can settle your outstanding mortgage debt and potentially avoid the negative impact of foreclosure on your credit and financial future. 


Bankruptcy in Tennessee has long-term negative effects on your financial health. Bankruptcy remains on your credit report for 7-10 years, making it challenging to obtain loans or credit cards at favorable rates. Furthermore, it can impact your ability to secure housing, employment, or insurance. By exploring alternative debt-relief options, you can safeguard your credit score and protect your financial future.

Selling your house to avoid bankruptcy provides a rapid solution to your financial problems.

  • By selling your home for cash, you avoid the time-consuming traditional selling process, which can be crucial when facing mounting debt.  
  • We buy your house as-is, reducing the need for costly repairs. Pay off outstanding debts, alleviate financial pressure, and avoid filing for bankruptcy.

Short Sale

A short sale occurs when you sell your distressed house for less than the outstanding mortgage balance, with your lender's approval. In a short sale, you work with your lender to agree on a reduced payoff amount, and the lender accepts the proceeds from the sale as a settlement for the debt. However, a short sale can be a lengthy process and may negatively impact your credit score.

New Porch Home Buyers can help you sell your home quickly and avoid the lengthy approval process associated with short sales.

  • We save you time and money by closing the sale quickly and putting cash in your hand. 
  • A cash home sale is a better solution than a short sale because it doesn’t affect your credit score. You can walk away from your mortgage with no strings attached.

A Cash Home Sale is Your Solution to Avoid Bankruptcy or Foreclosure

New Porch Home Buyers offers a quick, hassle-free alternative to traditional home sales. You can sell your house fast for cash directly to us without the need for a mortgage loan or lengthy financing procedures. This type of transaction is ideal if you’re looking to sell your property quickly or facing situations such as foreclosure, bankruptcy, or a short sale.

Simply provide us with some basic information about your property. We assess the property and present you with a fair, no-obligation cash offer. If you decide to accept our offer, we can close the deal in as little as a week, or on a timeline that works best for you. 

Unlike traditional home sales, which may require appraisals, inspections, and multiple negotiations, our cash home sale process saves you time and money. We purchase properties in any condition. You don't need to worry about repairs or renovations. With New Porch Home Buyers, you can enjoy a fast, efficient, and stress-free home selling experience.

Our Simple House-Buying Process

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 with a cash home sale, 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!

We offer a seamless cash home sale process to homeowners in Tennessee. Our goal is to provide a fast and hassle-free alternative to traditional home sales, and we have designed our process with that in mind.

  • You provide us with basic information about your property.
  • We conduct a quick evaluation and present you with a fair, no-obligation cash offer.
  • You decide whether to accept our offer, with no pressure or commitment.
  • If you accept, we close the deal on a timeline that works best for you, often within a week.
  • We purchase properties in any condition, eliminating the need for repairs or renovations.

Once you have experienced the New Porch Home Buyers cash home sale process, you'll understand why so many Tennessee homeowners choose us when they need to sell quickly and efficiently. Our approach saves you time and money, allowing you to focus on the next chapter of your life.

Why Choose a Cash Home Sale When Facing Bankruptcy or Foreclosure?

When facing bankruptcy or foreclosure, a cash home sale with New Porch Home Buyers offers numerous benefits that can help ease your financial burdens and provide a fresh start.

Make No Home Repairs. We Buy Houses As-Is

As a homeowner, you can save time and money on costly repairs and renovations. We purchase properties in any condition, so you can sell your house without making any improvements.

You Don’t Have To Hire a Realtor or Pay Realtor Commissions

By selling directly to us, you avoid hiring a realtor and paying commission fees. This means more money in your pocket and less stress throughout the process.

Sell Your House in As Little as Seven Days

Our streamlined process allows you to sell your house quickly, often in as little as seven days. This fast turnaround is especially helpful when facing foreclosure or bankruptcy deadlines.

Work With a Pre-Qualified, Committed Home Buyer

With New Porch Home Buyers, you can trust that we are pre-qualified and committed to purchasing your home, eliminating the uncertainty of working with a traditional buyer who may encounter financing issues.

Pay No Closing Costs

We cover all closing costs, which means you don't have to worry about additional expenses when selling your home. This allows you to walk away with more cash in hand.

Don’t Wait for a Loan Approval

Since we buy houses for cash, there's no need to wait for loan approvals or financing contingencies. Our offers are solid, allowing you to move forward with confidence.

New Porch Home Buyers offers an efficient and stress-free solution when facing bankruptcy or foreclosure. Let us help you navigate this challenging time with our reliable cash home sale process.

Is it Legal to Sell My House During Bankruptcy or Foreclosure in Tennessee?

If you are facing bankruptcy or foreclosure in Tennessee, you may be wondering if it is legal to sell your house during these challenging times. The answer depends on the specific circumstances of your case, but in many situations, it is indeed possible to sell your home.


In the case of bankruptcy, you will need to obtain permission from the bankruptcy court before selling your property. The court's primary concern is ensuring that your creditors receive their fair share of any proceeds from the sale. It is crucial to consult with your bankruptcy attorney, who can guide you through the process and help you seek the necessary approval.


When it comes to foreclosure, selling your house before the foreclosure auction can help you avoid the long-term consequences of a foreclosure on your credit report. It is essential to act quickly and communicate with your lender, as they may be willing to work with you and accept a short sale or agree to other arrangements to avoid foreclosure.

Get Cash for My Home in Knoxville, Tennessee

If you need to sell your house fast but don’t want the hassle of a traditional home sale, contact New Porch Home Buyers. We buy houses as-is. No repairs are needed. Avoid closing costs and realtor commissions. Close in as little as seven days. Call (865) 234-9995 to get cash for your home from our local home buyers in Tennessee.

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    Frequently Asked Questions About Cash Home Sales in Tennessee

    What does "as-is" mean when selling my house for cash?

    Selling your house "as-is" means you won't be responsible for making any repairs or renovations before the sale. We will buy your house in its current condition.

    How quickly can I sell my house to avoid bankruptcy or foreclosure?

    We can often close a deal in as little as seven days, allowing you to sell your house quickly and avoid bankruptcy or foreclosure.

    Do I need a real estate agent to sell my house for cash?

    No, you don't need a real estate agent when selling your house for cash to us. This eliminates the need to pay commissions and fees associated with hiring an agent.

    How do you determine the cash offer for my house?

    We evaluate your property based on its location, condition, and the current real estate market, to provide you with a fair and competitive cash offer.

    Are there any fees or commissions involved?

    No, there are no hidden fees or commissions when you sell your house to New Porch Home Buyers. We cover all closing costs and do not charge any fees.

    Can I still sell my house for cash if I owe more than it's worth?

    Yes, we can work with you and your lender to negotiate a short sale, which can help you avoid the negative impact of foreclosure on your credit report.

    Is it possible to sell my house without making any repairs?

    Yes, we buy houses in any condition, so you don't have to worry about making any repairs or improvements before selling.

    Will selling my house for cash affect my credit score?

    Selling your house for cash to avoid bankruptcy or foreclosure can actually help protect your credit score, as it prevents the long-term negative impact of these financial events.

    What if I have tenants living in my property?

    We can work with you to find a solution that accommodates your tenants, whether that means waiting until the lease is up or providing them with a suitable notice to vacate.

    Can I trust New Porch Home Buyers to provide a fair cash offer?

    We pride ourselves on our integrity and commitment to providing fair, competitive cash offers to homeowners in need.