gatlinburg foreclosure: If You're Selling Your Home? Choose the Right Realtor
- 04/21/10 03:40 AM
Take time to choose the right broker when selling your home When preparing to sell your home it is important to find a real estate professional that will best suit your needs. A warm handshake and a friendly smile is all well and good but if you want to sell your home pick a broker that is experienced and knowledgeable, someone that will do the best job for you. When selecting your real estate agent here are a few things to keep in mind: Data. Get a prospective Realtor to bring in a copy of what they have listed … (2 comments)
gatlinburg foreclosure: Myths About Short Sales
- 09/02/09 02:37 AM
It's unfortunate for any homeowner to be in a situation where they owe more than the home is worth today and they must sell because of a financial hardship. For some, the only options become foreclosure or a short sale. Their has been a myth that a foreclosure is better for the seller of a home because they can "walk away". In reality most lenders have up to 7 years to claim on deficiency judgement against the seller after the foreclosure has taken place. Many myths have evolved over time, but understanding the reality is a way to help yourself. Seven … (0 comments)
gatlinburg foreclosure: Shrinking Steals, Great Deals
- 07/07/09 07:28 AM
Like most of America the Great Smokies and more specifically Sevier County has seen a very large increase in the number of foreclosures and short sales in the past 2 years. However, in the past few months the quality and quantity of those properties has started to dwindle. The opportunities that were available to get a good deal (one of our clients always says, 'I wants steals not deals') on a great home are not lasting as long on the market and their are fewer of them. Several of the short sales and foreclosures that don't need major repair now have multiple offers. I know … (0 comments)
gatlinburg foreclosure: Pricing Ahead of the Market
- 03/11/09 03:14 AM
I've been speaking to some of my agents about pricing their sellers' homes ahead of the market. That was an easy thing to do when the market trends were going up. Now that they are headed in the opposite direction I find that many agents do not want to have that conversation with their sellers. Pricing ahead of the market as prices were increasing was almost a pleasure. "Mr./Mrs. Seller" the last home on your street sold for $305,000 last week, so with appreciation at 4% per quarter this year and the average time on the market at 100 days your home … (1 comments)
gatlinburg foreclosure: Someone Ring the Bell
- 02/06/09 01:53 AM
I'm going to say it, WE'VE REACHED THE BOTTOM! I've been thinking it since the first of the year but now I really believe that in 6 months the media will be saying it too. I've been waiting because I didn't want to sound like somone with their head in the clouds. Some guy who says the market is on the verge of a turn around (turn around being a little subjective, I believe stabilization to be a turn around at this point) every 4 or 5 months just to have to eat crow and start all over again. Looking at … (0 comments)
gatlinburg foreclosure: New Year! New Market!
- 01/06/09 07:02 AM
I have to admit that I've been aprehensive about 2009. It's not as though 2008 gave me that much to look forward to in the way of business, the type of business you can count on, can budget with. 2009 is proving to be much more agreeable though. Beginning the last 3 weeks of December we started seeing marked improvements in our real estate business. Short-sales, foreclosures and just great deals on some of our rental properties have inspired many buyers to act (along with almost comically low interest rates). Someone once told me that 'no one rings a bell when you reach … (0 comments)
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