5 Hacks To Make Your Knoxville Home Search More Efficient

Adobe Spark(1)It can be exciting to think about buying a new home. You may start researching online and dreaming of what your future home may look like. You’re filled with joy and excitement over the prospect of buying something new.

Then reality sets in: buying a home can be overwhelming. Can you afford what you want to buy? Do you know exactly what you want? Will you be able to find the right home that meets your needs?

All of the details involved in finding the right home can be overwhelming to say the least. If you’re not careful, you could be caught chasing your tail when you’re not sure what you want. To help make your Knoxville home search easier, here are 5 hacks to make your home search more efficient.

Get Pre-Approved First

Without securing a pre-approval letter, you cannot truly start your Knoxville home search without knowing what your budget is.

Many buyers will jump into a home search and think about securing a pre-approval once they finally find a home. This can be a very painful mistake for many buyers. Without a pre-approval, you have no idea how much you can afford. You may be shocked to find out that your pre-approved for more or less than your originally thought. There is absolutely nothing worse than falling in love with a home that’s out of your price range. Read the rest of this entry »

Written by Kati Smenner Cumberland

West Knoxville Homes For Sale – Why Do Some Deals Fall Apart?

Adobe Spark(1)After looking at countless West Knoxville homes for sale, you’ve finally found the perfect one. It can feel like you’ve finally reached the finish line.

Unfortunately, for some real estate transactions, there are a few reasons that real estate transactions fall apart after an offer has been accepted. A real estate transaction is never done until you reach closing.

Here are a few common reasons deals fall apart.

The Appraisal Comes In Too Low

An appraisal can come in too low on a West Knoxville home for a few reasons including:

Read the rest of this entry »

Written by Kati Smenner Cumberland

3 Times You’ll Lose Your Earnest Money When You Buy A Knoxville Home

Adobe Spark (51)When you buy a Knoxville home, you’ll put earnest money down when you make an offer. Earnest money is what shows that you’re serious about buying a home.

Depending on the situation, earnest money is what you stand to lose if you walk away from a transaction. There are certain situations where you’ll get your earnest money back and certain situations where you won’t get your earnest money back.

In this post, we’ll examine 3 situations where you stand to lose your earnest money when you buy a Knoxville home. Read the rest of this entry »

Written by Kati Smenner Cumberland

Knoxville Buyers – Don’t Do These 3 Things When You’re In A Bidding War

Adobe Spark (47)The Knoxville real estate market has transitioned back into a seller’s market. Sellers out there are receiving multiple offers and new homes are not last long.  For Knoxville buyers, this means the competition is fierce, and they need to act accordingly.

In a seller’s market, the rules of engagement are a little bit different for Knoxville buyers. When you’ve finally found the perfect home for you, there is a lot you can do right and a lot you can do wrong.

In order to set yourself apart from the competition, don’t do these 3 things when you get into a bidding war. Read the rest of this entry »

Written by Kati Smenner Cumberland

What Documents You Need To Apply For A Knoxville Mortgage

Adobe Spark (34)One key step in buying a Knoxville home for sale is applying for a mortgage. For a majority of home buyers, a mortgage is necessary to buy a home. Unfortunately, mortgages these days require a lot more information than they did a few years ago. Here is a breakdown of what documents you need to apply for a mortgage to buy a Knoxville home for sale.

A majority of the documents that you’ll need to provide when applying for a mortgage involve documenting your finances. While you will most likely verbally provide this information to your loan officer, they will want to see the documentation that proves that this information is in fact true.

Here is a breakdown of the documents that you’ll typically need to provide when applying for a mortgage:

-2 Years Worth of Tax Returns

-2 Years Worth of W-2s (or 1099s if self-employed)

-1 Months Worth of Paystubs

-Most Recent Bank Statements Read the rest of this entry »

Written by Kati Smenner Cumberland

Knoxville Homes For Sale – Things That Can Hurt Your Home’s Value

Adobe Spark (32)One of the great things about owning a Knoxville home is your ability to customize the home to fit your needs. Unfortunately, not all upgrades and repairs increase Knoxville home’s value. If you’re thinking about selling Knoxville home this year, here are a few things that can kill your home’s value.

Trying To Have The Best House On The Block

The value of your Knoxville home is directly influenced by the homes surrounding it, which is why you don’t want to outdo all of your neighbors. When it comes to making repairs or upgrades to your West Knoxville home, the general rule of thumb is to make changes that are comparable to your neighbors. For example, if you’re in a neighborhood where homes generally sell for $120,000 or so, and you put $30,000 into a new kitchen, you’re not going to see the full return of those upgrades because that type of kitchen isn’t common in your neighborhood. Read the rest of this entry »

Written by Kati Smenner Cumberland

5 Hurdles Every Buyer Must Overcome When Buying A Knoxville Home For Sale

Adobe Spark (24)Buying a Knoxville home for sale is a process. It starts when you start looking at Knoxville homes for sale and ends once all of the closing paperwork is signed. The process of buying a home can take a matter of weeks or a matter of months, depending on the buyer.

While the process of buying a home is always a little bit different for every buyer, there are still many similarities for each buyer. Along the way of buying a home, there are 5 hurdles every buyer must overcome when buying a home.

Hurdle #1 – Finding The Right House

Finding the right home can be exciting, but sometimes it can be a bit of a challenge. Some buyers find the right home in matter of days, while others take weeks or even months to find the right home.

There is no tried and true formula as to how long it will take the right home, it just depends. It depends what a buyers search parameters are, how many homes are on the market, and how competitive the market currently is. For buyers that struggle to find a home early on, it can always help to widen the search area  little bit, if the buyer permits. It can also help to have a clear understanding of what you’re searching for. The more your know what you’re looking for, the easier it will be to find it. Read the rest of this entry »

Written by Kati Smenner Cumberland

Buying A Knoxville Home In A Competitive Market – Why Offers Get Rejected

Adobe Spark-7Buying a Knoxville home in a competitive market can be difficult.

With so many buyers on the market, many buyers will experience rejection in one way or another, which can be heartbreaking when you find the right home.

In this post, we’ll take a closer look why offers get rejected.

Your Offer Is Too Low

Price is everything when it comes to making an offer, particularly when you’re buying a Knoxville home in a competitive market.

When sellers are receiving offers at or above list price, it can be a rookie mistake to make an lowball offer. In the current seller’s market, sellers have the ability to pick and choose among offers, which is why it is essential that you come in with a strong offer from the start. Read the rest of this entry »

Written by Kati Smenner Cumberland

Sterchi Hills Home For Sale Located At 7006 Cardindale Drive


Located in the Sterchi Hills subdivision, this home for sale comes with a prime location and tons of upgrades. It has 3 bedrooms, 2.5 baths, a bonus room, and an asking price of $220,000. It is located at 7006 Cardindale Drive.

On the main level of this home there is a family room, dining room, half bath, and kitchen with an eat-in area. The kitchen in this North Knoxville is completely renovated. It includes stainless steel appliances, granite counter tops, and tile back-splash. There is also a center island, a bright eat-in area, and plenty of cabinet and counter space. The family room has hardwood floors, a gas fireplace, and a ceiling fan. The dining room includes hardwood floors and tons of natural light. Read the rest of this entry »

Written by Kati Smenner Cumberland

Fabulous Karns Home For Sale In Wyndham Pointe Subdivision


Located in the Wyndham Pointe subdivision, this Karns home for sale is in like-new condition. This home it comes with a many amenities and a great floor plan.

This home for sale is located at 6953 Wyndham Pointe, just off of Beaver Ridge Road, near Oak Ridge Highway.

The main level of this home offers a family room, formal dining room, and kitchen with eat-in area. The family room features new carpeting, a gas fire place, and lots of natural light. The kitchen includes tile floors, smooth surface counter tops, and tons of cabinet space. It also includes stainless steal appliances including a refrigerator, stove, microwave, and dishwasher. The dining room comes complete with hardwood floors and wainscoting. Read the rest of this entry »

Written by Kati Smenner Cumberland

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