Many Buyers today are in search for the infamous "great deal". Therefore, it is only natural that they direct their home search towards foreclosures. However, in reality are foreclosures really the holy grail of real estate? As a Knoxville REALTOR® I stay on top of the Knoxville TN real estate market and have seen an increasing number of "fantastic deals" in non-bank owned homes. Just because a home is listed as a foreclosure does not mean that it is "a good deal", in fact I have seen many foreclosures that in my opinion and according to the comps are way overpriced.
In many cases some of the best deals can be found in non-bank owned homes. These homes are often still occupied, meaning that the home owner is actively maintaining the home, doing regular maintenance, and in many cases even making improvements on the home. I am not saying that you cannot find a good deal with a foreclosure, just that you keep your eyes and your mind open because there are some great deals out there on non-foreclosed homes.
To search all homes for sale in the greater Knoxville area visit www.MyKnoxvilleHomeSearch.com. The McInerney Team with Keller Williams Realty in Knoxville, TN has a dedicated team of 4 FULL TIME REALTORS® that can handle any and all of your real estate needs, from first time home buyers, to investors, to luxuryy home owners. Start your Knoxville Home Search now- www.MyKnoxvilleHomeSearch.com.