Who Pays Closing Costs? | Middle Tennessee Home Sellers
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Understanding Closing Costs in Middle Tennessee Real Estate
Selling your house is a big decision. One of the most common questions homeowners have is: "Who pays closing costs when selling a house in Middle Tennessee?"
To answer that, let’s break down the basics.
What Are Closing Costs?
Closing costs include various service fees, such as:
Title search and title insurance
Escrow or attorney fees
Recording and deed transfer fees
Prorated property taxes and HOA dues
Real estate agent commissions
Average Cost Range in Tennessee
In Middle Tennessee, these fees typically add up to 6%–10% of your home’s sale price.
Learn more about the typical closing cost range with Bankrate’s Tennessee closing costs guide.
Who Typically Pays Closing Costs in a Traditional Sale?
While every transaction is negotiable, here’s what usually happens in Tennessee:
Seller Responsibilities
Sellers commonly pay:
Real estate commissions (5–6%)
Owner’s title insurance
Recording and transfer fees
Prorated taxes and HOA dues
Buyer Responsibilities
Buyers often pay:
Loan origination and lender fees
Appraisal and inspection costs
Buyer’s title insurance
Prepaid taxes and insurance
Negotiability of Costs
Understand how seller concessions work in Investopedia’s article on seller’s points, a tactic used to reduce buyer loan expenses.
How Closing Costs Affect Your Bottom Line as a Seller
Real Estate Commission Breakdown
Agent fees, often 5–6%, are the largest component.
Title Fees, Taxes, and Legal Charges
Expect charges related to:
Title insurance and recording
Transfer taxes and legal documentation
Escrow or attorney fees (as applicable in Tennessee)
Learn about deductible property-related expenses from IRS Topic 503 on real estate taxes.
The Role of Home Condition & Inspection Fees
Repairs requested after inspections can lead to thousands in unexpected costs.
Selling to Ace Holdings: No Closing Costs, No Hassles
At Ace Holdings, we buy houses for cash and cover all associated costs.
How Ace Holdings Streamlines the Sale
No agents
No repairs
No commissions
Cash offers in 24 hours
Close in 14 days or less
What “We Pay All Closing Costs” Really Means
We handle every fee:
Title and escrow
Recording and transfer taxes
Legal filings
Miscellaneous charges
Visit our Contact Us page to speak directly with a local expert and get started today.
Situations Where Selling to Ace Holdings Makes Sense
Inherited Property or Probate
Skip legal hurdles. Sell directly for cash.
Facing Foreclosure or Relocation
We buy quickly and relieve financial stress.
Properties Needing Major Repairs
We buy as-is—no matter the condition.
Why Choose Ace Holdings
We’re not just investors—we’re full-service professionals.
Transparent process
Local expertise
No hidden costs
Visit our page to learn more about how Ace Holdings makes selling your house easier, faster, and hassle-free.
FAQs About Closing Costs in Middle Tennessee
Are closing costs tax deductible?
Understand what the IRS allows at IRS Topic 503.
How fast can I sell with Ace Holdings?
Visit Ace Holdings’ homepage for real-time updates and to request a cash offer.
Do I need a real estate agent?
Not with Ace Holdings. We buy directly—no commissions.
What are the pros and cons of selling for cash?
Pros: Speed, no repairs, fewer fees
Cons: Slightly lower offer—but more cash in hand
Final Thoughts: Keep More Cash in Your Pocket
Selling your house in Middle Tennessee doesn't have to mean losing money to fees. With Ace Holdings, you keep more and close faster.
Request your cash offer today
