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Fill out the information in our short online form so that we can learn a bit more about the house.
We will set a time to come view the house in person or do a virtual showing to provide a cash offer.
Once we come to a meeting of the minds, you choose the closing date & get cash in your hands.
No Seriously… Don’t Take Our Word For It. See What REAL People Have To Say About What It’s Like to Sell Their House Fast for Cash to Favor Home Solutions
Bankruptcy is a crushing crucible to endure. Though we are not legal advisors, we wanted to give some recommendations to avoid bankruptcy. Please keep in mind that this is not legal advice, and you should consult with a qualified attorney for specific legal guidance.
Consult with a Bankruptcy Attorney: Before proceeding with any actions, it’s crucial to consult with a bankruptcy attorney who is familiar with Tennessee law. They can provide personalized advice based on your specific situation.
Homestead Exemption: In Tennessee, there is a homestead exemption that protects a certain amount of equity in your primary residence from creditors. According to our research, as of January 2022, this exemption is $5,000 for an individual, or $7,500 for a married couple filing jointly. This means that if you have equity in your home within these limits, it may be protected from liquidation in a bankruptcy proceeding.
Fair Market Value Appraisal: Get an appraisal of your property’s fair market value. This will give you an idea of how much your property is worth in the current market.
Consider a Sale: If you have equity in your property above the homestead exemption, you may consider selling it to generate funds to address your debts. Be sure to work closely with a real estate agent or professional who understands the local market and can help you get the best price.
Timing is Key: Be mindful of timing. If you’re contemplating bankruptcy, there may be specific rules about when and how you can sell assets. Consult with your attorney to ensure you’re in compliance with any legal requirements.
Open Communication with Creditors: If you’re considering bankruptcy, it’s important to maintain open communication with your creditors. They may be willing to negotiate or work out a settlement that could help you avoid bankruptcy.
Document Everything: Keep detailed records of all transactions, appraisals, and communications related to the sale of your property. This will be important for legal and financial documentation.
Use Proceeds Wisely: If you do sell your property, use the proceeds wisely. Consult with your bankruptcy attorney on how best to allocate the funds to address your debts.
Remember, every situation is unique, and the laws can change over time. Consult with a Tennessee-based bankruptcy attorney who can provide guidance tailored to your specific circumstances and the current state of the law. They can help you navigate the process and make informed decisions.
No one plans to file for bankruptcy, but sometimes life deals you a bad hand, and you just have to keep playing. If you’re finding yourself in a situation where bankruptcy seems like your only option, don’t worry. You’re not alone! At Favor Home Solutions, we understand that this is a difficult time for you and your family, and we’re here to tell you there’s another way! We buy houses as-is for cash to help you get back on your feet!
Though filing for bankruptcy may seem like a great way to get a fresh free of most debt, it can have long-term consequences. Generally, a bankruptcy stays on your credit report for seven to ten years. As a result, getting a loan or credit line can be difficult in the future and even make getting a job more challenging. We don’t want that to happen to you and your family! Avoid damaging your credit and safeguard your future by selling your house for cash today!
We’ve been doing this for many years now, so when we say we can help you regardless of your real estate problem, we mean it! We’re 100% committed to our community, and our #1 goal is to help you move on to the next chapter of your life.
Check Out Some of The Situations We’ve Helped Our Clients With:
Whatever the circumstance, we’re the ones to call. Get a fair, no-obligation cash offer from us so that you can protect your credit and move forward! There’s no need to worry about repairs or cleaning- we’ve got it all covered! Call (423) 788-8063 now!
We make fair cash offers for properties by looking at the home value of the property and the house values in the neighborhood. The overall condition and what repairs will be needed to resell the house will all be factored into the offer we make you to buy your house.
We set a time to meet with you and discuss your situation.
We come to see the property, then present you with a fair cash offer.
Close on your own schedule, and put cash in your pocket.
Cash Advance Before Closing
Need Cash FAST? We can give you the cash even before we close!
Experienced & Caring Team
We’ve been buying and selling homes in the Tri-Cities for many years. We have an amazing team who truly loves what they do and always loves to help people.
Specialized in Buying Homes In Any Situation
If you have a home that you need to get rid of, we'll be happy to buy your home and provide you with an offer to help you move on.
No Repairs or Cleaning Necessary
Sell your home as-is without needing to clean or do any repairs.
You Choose Your Move-Out Date
Do you need to stay in your home for a bit of time AFTER the closing? We are more than willing to make that happen!
We Can Help You Move & Find a New Home
Need to find a new home to move to before the closing? Can do! We can also work around your schedule to come to your house and make you an offer.
We can pay you cash within 10 days of making you an offer on your house. Instead of using financing which adds extra stress and time, we buy houses in cash to make the process go by fast and smooth.
If you want to sell your house fast with no stress, just remember that Favor Home Solutions is the Tri-Cities’ #1 home buyer! Sell your house without making any repairs today! Call us at (423) 788-8063 to request your no-obligation cash offer.
When a Favor Home Solutions team member says they will be there for you, you can trust that they will always be. Even if you’ve had a bad experience selling a home in the past, don’t worry. People who’ve sold their homes to Favor Home Solutions say they felt relieved about how professional, reliable, and straightforward we are when we buy their homes.
We’re all about making the home selling process fast and convenient for you! Call us at (423) 788-8063 or fill out our online contact form, and we will set up an appointment within a couple of days to make you a cash offer on your home.
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