Solving the Knoxville Foreclosure Crisis
One Homeowner at a Time

Rick Smenner

RE/MAX Preferred Properties
[email protected]

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Knoxville Short Sales How Do You Make The Process Faster and Easier?

SlowHere is a problem: Buyers don't like short sales because of the uncertainty and the wait. How do we solve this problem? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. During the short sale process, if the appraisal gets completed and the bank won't accept the buyer's offer, then request that the bank to keep the file open. There are several reasons that banks should be willing to keep the file open. Reason #1: Their investor has already spent $200-$300 on the appraisal Reason #2: A bank or servicer's job is reducing the losses as much as possible. Keeping the file open will make the property more marketable, which will cause it to sell for a higher price. Reason #3: It will help the bank/servicer reduce their costs. It will take less time for them to approve future files, versus if the file had to be completely re-opened, a new appraisal ordered, a new negotiator assigned, and the financials reviewed all over again. In fact, congress is even thinking about making this a law on Fannie Mae & Freddie Mac short sales. Until then, we will have to petition for it on each individual file. Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at [email protected]. I will contact you for a free consultation. When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (865) 696-9002 What ever you do don't just walk away, explore your options and take the time to know solutions that can help you avoid foreclosure. There are some options that will even pay you to sell your home on a short sale. Check things out don't give up

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