Did you know the average commission rate in Tennessee is 5.2% to 6.0%? To put that into perspective, if you were to sell your house for $200,000, you would be looking at paying up to $12,000 in commissions, leaving you with fewer profits. Selling for sale by owner is a great option if you’re looking … Continued
This is an ongoing subject for debate “should I keep my house and rent it out or sell it instead?” As you’ll soon figure out, there are pros and cons to each option. But before you can decide, you should understand what you’re getting yourself into. Being a landlord isn’t easy, but it is nice … Continued
It’s an uneasy feeling when you suspect your home has a foundation problem. Of course, Murphy’s law would have it that “anything that can go wrong will go wrong,” and you would discover this suspicious foundation issue while getting your house ready to sell. Questions start flooding in like “can I sell a house with … Continued
When selling a house in Memphis, many sellers focus on the sale price and real estate agent commissions in terms of what they’ll have to pay. But what they might not be thinking about are the taxes involved in a real estate transaction in Tennessee. There are plenty of tax implications that you should be … Continued
Deciding whether or not you want to sell your house in Memphis is the easy part. The tougher question might be, “Should I sell a house on my own or should I sell my house with a real estate agent? There are a lot of reasons why you might want to sell your house by … Continued
Like many Memphis residents, you may be wondering what happens to your mortgage when you sell your Memphis home. In general, selling a house can be a whirlwind of making home repairs, figuring out a selling strategy, and then packing up everything and moving out. Your biggest concern will probably be figuring out ways to … Continued
If you own a rental property in Tennessee, you’re eventually going to need to know what to do when it comes to evicting a tenant. You might want to avoid evicting a renter as much as possible, but it’s unlikely that you’ll be able to go the whole time without coming across a tenant who … Continued
Owning a rental property can be a nice additional source of income every month. But after years of dealing with renters, maintenance, and vacancies, sometimes selling sounds like an attractive option. Or maybe you’re interested in selling because the real estate market is hot right now in Memphis, and think now would be a good … Continued
Most people, when it comes to selling a home, usually want a quick house sale. Either because they need to move quickly for a new job or for financial reasons- whatever the case may be, no one wants their house sitting on the market for months. So if you’re saying, “I need to sell my … Continued
What an unusual time we are living in and what an interesting time to sell a house. How do you sell a house during a pandemic? In general, selling a home isn’t the easiest thing to do but sell a house during covid, where should you begin? Well, you came to the right place; this … Continued
