What Happens After You Sell Your Home in Nashville, TN?

"What happens after you sell your home in Nashville, TN?"
After you sell your home in Nashville, TN, you’ll go through a series of steps including contract execution, inspections, closing, and moving. You'll also need to handle things like canceling utilities, forwarding mail, and possibly reinvesting your equity. With the right guidance, the process can be smooth and stress-free.

Understanding the Post-Sale Timeline

Selling a home isn’t over the moment you accept an offer. A lot happens between that handshake (or digital signature) and handing over the keys. Here’s what to expect in Nashville’s current real estate climate.

1. Signing the Contract

Once both parties agree on the terms, the contract is signed. This is when the buyer usually submits their earnest money deposit. In Nashville, this amount typically ranges from 1% to 2% of the purchase price and is held in escrow.

2. Inspections and Appraisals

Buyers will almost always schedule a home inspection. Expect them to request repairs or credits depending on what’s found. If the buyer is financing the purchase, their lender will also require a home appraisal to ensure the property is worth the sale price.

Local Insight: As of early 2025, average inspection contingencies in Nashville are resolved within 7–10 business days.

3. Title and Legal Work

The buyer’s title company will perform a title search to make sure the home can legally transfer ownership. They’ll also coordinate with the lender and other parties to prepare for closing.

Nik Shewmaker, known locally as Nashville’s Nik, works closely with reputable title companies to help sellers avoid surprises and delays.

Preparing for Closing

4. Final Walkthrough

Typically within 24 to 48 hours of closing, the buyer will do a final walkthrough to ensure the home is in the agreed-upon condition. This is your last chance to make sure everything looks right.

5. Closing Day

On closing day, you’ll sign the deed and other documents. Once the buyer’s funds are received and the paperwork is recorded with the county, the transaction is officially complete.

Nashville Note: In Davidson County, recording is generally fast—often same-day—so you won’t be left waiting long for confirmation that your home is sold.

6. Receiving Your Funds

You’ll receive the proceeds from the sale—usually via wire transfer. Be sure to verify wiring instructions with your title company directly. Wire fraud is a very real concern in real estate.

After the Sale: What You Need to Do

Just because the sale is closed doesn’t mean your work is done. Here are the steps to take immediately after selling your home:

1. Cancel Utilities and Services

Notify your utility companies of the change and request final readings. Don’t forget services like trash pickup, lawn care, and pest control.

2. Update Your Mailing Address

Forward your mail with the USPS and update your address with banks, subscriptions, and the DMV.

3. Keep Copies of All Documents

Store your closing documents and tax paperwork in a safe place. You’ll need them when you file taxes or if questions arise later.

4. Pay Off Outstanding Balances

This includes mortgage balances, HOA dues, contractor invoices, and any lien releases. Most of these are handled at closing, but confirm nothing is left hanging.

5. Evaluate Tax Implications

You may qualify for a capital gains exclusion on the sale of your primary residence, but it’s best to talk with a tax advisor to fully understand how this impacts you.

Reinvesting Your Equity

If you’re planning to buy again, time is of the essence—especially in Nashville’s competitive market. You might consider:

• Rolling equity into your next home

• Downsizing or relocating

• Investing in a rental property

• Consulting with a financial advisor to decide what makes the most sense

Nik Shewmaker often works with sellers who are buying again locally and helps ensure seamless timing between closings.

What If You’re Moving Out of State?

If you’re heading out of Tennessee, start by hiring a top-notch relocation agent. Nik Shewmaker has a vetted network of agents across the country and can personally connect you with someone who matches your style and needs.

You’ll also want to:

• Coordinate interstate movers

• Secure short-term housing if needed

• Transfer school records and prescriptions

Final Thoughts: Selling a Home Is Just the Beginning

Selling your home is a big milestone—but it’s only one part of your real estate journey. Whether you’re staying in Nashville or starting fresh somewhere new, having a trusted local expert makes all the difference.

Nik Shewmaker, Nashville’s Nik, has helped countless homeowners navigate every phase of the selling process—from pre-listing prep to post-sale plans. If you’re looking for a guide who’s not only experienced but also deeply connected to the Nashville community, you’re in the right place.

Nik Shewmaker (NashvillesNik)

615-585-0022

Nashvillesnik@gmail.com