Sell Your House Fast in Tennessee. Get Your Cash Offer.

Transfer and mortgage taxes

Tennessee taxes realty transfers at 37 cents per $100 of the consideration or the property's value, whichever is greater (T.C.A. 67-4-409).

• The statute says the grantee, or buyer, pays this tax. The county register collects it.
• Recorded mortgages are taxed at 11.5 cents per $100 of debt, after the first $2,000.
• The mortgage tax falls on the borrower named in the recorded instrument.
• Title, closing and recording fees can vary, so it helps to ask for an itemized estimate.

Disclosure or disclaimer statement

Tennessee sellers of one to four residential units generally give the buyer a disclosure statement or a disclaimer statement (T.C.A. 66-5-202).

• The disclaimer is the as-is option. The buyer takes the property with any defects, except as the contract provides.
• A disclaimer is only permitted when the buyer waives the required disclosure.
• Exemptions include court-ordered and foreclosure transfers, public auctions, and owners who have not lived there in three years (T.C.A. 66-5-209).
• Transfers between co-owners and to a spouse or lineal relatives are also exempt.
• For homes built before 1978, federal law also requires a lead paint disclosure and the EPA pamphlet. Foreclosure sales are among the exemptions.

Foreclosure process and timeline

Tennessee trustee's sales under a deed of trust follow the notice rules in T.C.A. 35-5-101.

• Notice of sale is published at least two times in a newspaper in the county of the sale.
• The first publication must run at least 20 days before the sale.
• The trustee mails a copy of the notice to the debtor on or before the first publication date.
• If a sale is postponed more than 30 days, notice of the new date is mailed at least 10 days ahead.
• Many owners in this situation explore selling before the sale date. An attorney or housing counselor can review your timeline.

Probate and inherited homes

Tennessee's small estate process covers personal property when the probate property is worth $50,000 or less (T.C.A. 30-4-102).

• The small estate affidavit can generally be filed 45 days after the death (T.C.A. 30-4-103).
• Real estate is not part of the small estate property definition.
• Without a will, real property vests in the heirs immediately at death (T.C.A. 31-2-103).
• A personal representative generally uses real property only if personal property cannot cover the estate's obligations.
• A probate attorney can confirm which path fits your family.

Selling a rental with tenants

Tennessee generally requires at least 30 days' written notice before the rental date to end a month-to-month tenancy (T.C.A. 66-28-512).

• A week-to-week tenancy generally requires at least 10 days' written notice.
• This act applies in counties with more than 75,000 people, per the 2010 federal census (T.C.A. 66-28-102).
• Your lease may have its own terms about a sale, so review it first.
• We make offers on rentals, and we may buy rentals with tenants in place. A landlord-tenant attorney can explain the notices that apply.

Property tax relief basics

Tennessee's tax relief program reimburses property taxes for qualifying low-income seniors, disabled homeowners, and disabled veterans or their surviving spouses.

• For 2026, the elderly and disabled program uses a $38,470 limit on 2025 income, per the Comptroller.
• You apply through your county trustee. Programs must be renewed yearly, per the Knox County Trustee.
• Some counties also offer a senior tax freeze. In Knox County, the 2026 limit is $63,470 of 2025 income.
• Federal law lets many sellers exclude up to $250,000 of gain, or $500,000 for married couples filing jointly (IRS Topic 701). You generally must have owned and lived in the home 2 of the last 5 years.

Notes for military sellers

The Servicemembers Civil Relief Act (SCRA) adds protections for servicemembers who own a home in Tennessee.

• For a mortgage taken out before service, a lender generally needs a court order to foreclose non-judicially. This applies during service and for one year after, per the Department of Justice.
• The SCRA caps interest at 6 percent on qualifying pre-service mortgages during service and for one year after.
• Eligible uniformed services members may suspend the IRS five-year test during qualified official extended duty, for up to 10 years.
• A military legal assistance office or an attorney can review your situation.

Tell us about the house

Property type, condition, timeline and address. It takes about two minutes.

Talk with us

We call to learn about the property and your plans.

Review your offer

A quick walkthrough confirms the details, then you review a written offer on your own time.

Close on your date

You choose the closing date. The title or escrow company handles the paperwork and the funds.