Compared to other traditional purchases, buying a West Knoxville or Farragut short sale is totally different animal. Whether you are an experienced buyer or a first time buyer, navigating the eccentricities of these transactions can be tricky. So, if you are considering buying a West Knoxville or Farragut short sale, it can be important to select an short sale agent that specializes in these transactions. In this Part II of this five part series, entitled, “How To Buy A West Knoxville Short Sale,” we look at how to find the right agent and why that can be important for you, as the buyer.
How To Find The Right Knoxville Short Sale Agent.
The process for finding the right short sale agent may seem kind of backwards, but, ultimately it makes sense. Start by finding agents that specialize listing and negotiating short sales. A successful agent will have successfully negotiated many transactions and have a proven track record of success for helping homeowners short sale their homes. Think of it this way, these agents know the ins and outs of these transactions. They know the process, what to look for, and have insider advice. As a buyer, you will have all this information to your benefit, which is why you want an agent that specializes in these transactions.
What A Knoxville Short Sale Agent Can Do For You:
-Help you locate potential properties.
-Guide you through the process.
-Offer insight into what other short sale properties have sold for and if the property you are considering is a good buy.
-Write a contract that protects your best interest as a buyer.
-Help you identify any potential problems.
Why It Is Important.
Short sales are lengthy, complicated transactions, so as a buyer you want to make sure you have an agent that is watching out for your best interest and keeping you informed about the process. An experienced agent will be able to help you write a good offer that helps protect your best interest. Throughout the process, they will be able to keep you informed about the status of negotiations. One of the biggest reasons buyers lose interest in short sales is due to the fact that they are not given up to date information, which makes them lose their patience.
Are you considering buying a West Knoxville or Farragut short sale? If so, please do not hesitate to give Knoxville Home Team a call. Rick can be contacted at 865-696-9002 or via email at [email protected]. Kati can be reached at 865-696-1888 of via email at [email protected]. Knoxville Home Team has successfully negotiated many short sales as well as helped guide many buyers through the process, we’d be more than happy to help you find the right bargain for you! In Part III of this series, “How To Buy A West Knoxville Short Sale,” we will explore the importance of getting a home inspection when buying a short sale.
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