This Home Offers Southern Living at Its Best in Knoxville
This Home Offers Southern Living at Its Best in Knoxville
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If you are facing foreclosure, then you have probably heard the term "short sale". What is a short sale? A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. In a short sale, the lender agrees to discount a loan balance because of a permanent economic or financial hardship on the part of the borrower. The key term is permanent in that definition. If your hardship is temporary, then it is unlikely your lender will approve a short sale.
Success in this market takes much more than pounding a sign in the yard, placing a classified ad, posting it on a website and real estate advertising book. You could hold an open house every Sunday and still not have a successful marketing plan. There's nothing more frustrating than having your home sit on the market for 180 days only to have the listing term end with no sale, no offer, and no real understanding of what went wrong.
Step 4 - Ask the agent to send you listings that meet your needs, you agree to pre-drive before viewing (state that this is your trade off to get 1/2 the commission). After seeing a Knoxville home for sale of interest, call the agent to view.
How should you get started with a short sale? The first step is to educate yourself on the process and set the proper expectations. A short knoxville homes for sale with pool can take as little as 60 days to as much as a year or more to complete, depending upon the lender and the amount of time before the auction date. Each lender is very different in regards to their time lines.
Hint: Always make sure that your lender allows rebates, gifts, etc. before doing business with them. Some are so restrictive that they don't allow rebates even though they may be knoxville homes for sale by owner allowed in your state.
Lastly you should look at the overall condition of the home. Is it in good repair? What is the state of the landscaping? How much curb appeal does it have?
If you have a website and don't want to spend the money for advertising then make sure your site has good content. Articles about specific topics, Search engines love these sites and you will still get great ranking's. it may take a little longer than paying a company to promote your site Knoxville home for sale but it does work. Look at my NosugarCoating site. The first page has a ranking of 4 but yet I never had the money to spend on Search Engine submission service's or any other type of promotion.