West Knoxville Short Sales: Is It The Right Buy For You?

knoxvilleshortsaleWest Knoxville short sales are among some of the many great deals on the West Knoxville real estate market. Still, buying a West Knoxville short sale is not right for every buyer. Here are a few things to consider if you are thinking about buying one of the many short sales for sale on the West Knoxville real estate market.

You have the time and patience to wait for the transaction to be completed. They can take anywhere from 4 to 6 months to complete. So, if you are someone who is need to move by a particular date or is concerned about the short sale getting done in a particular time frame, buying a West Knoxville short sale may not be right for you.

Do you research on the agent negotiating the transaction. While every transaction is different, the agent negotiating the short sale can play a big role in the outcome. As a buyer, you will want to make sure it is being negotiated by an experience agent with a track record of successful negotiations. This way, you do not waste your time waiting for a deal that may never close.

Pick an agent who is familiar with the process. If you are an buyer who is interested in buying a short sale, it is important to pick an agent who has experience with short sales. They will be able to explain the process to you and how to identify if a short sale is a good buy.

Knoxville Home Team has done many transactions involving short sales, please let us know if there is anyway we can be of assistance. You can contact Rick at 865-696-9002 or Kati at 865-392-5880, or send an email to Rick@TheBigOrangePress.Com. Also, be sure to check out our West Knoxville Home Search Page to see what homes are for sale in West Knoxville.