Solving the Knoxville Foreclosure Crisis
One Homeowner at a Time

Rick Smenner

RE/MAX Preferred Properties
[email protected]

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Knoxville Short Sale Question: Can Any Agent Do A Short Sale?

knoxvilleshortsalequestions1In our Ask the Expert Section, we recently received the following question from Amanda, “I've been considering doing a short sale on my Knoxville home for sometime now. My husband and I were both out of work for awhile and haven't been able to make our mortgage payments. We've tried to modify our loan, but haven't gotten anywhere. We've been thinking about meeting with a few agents to discuss doing a short sale, but aren't sure were to start. Can any agent do a short sale?” A short sale is not your average real estate transaction. You only get one chance to do a short sale on your Knoxville home. An agent plays a pivotal role in how the transaction will turn out. Here a a few things to look for when you are selecting an agent to do a short sale on your Knoxville home: They have a proven track record. A successful agent will have negotiated many short sales over the past few years. Be sure to verify how many they have done, what the outcomes were and how many they are currently working on. An experienced agent will be prepared for the process and keep you informed throughout. They have a team dedicated to negotiating short sales. Agents are busy people. It can be difficult for just one person to stay on top of negotiations.  They require constant phone calls and a lot of paper work. Be sure that the agent you choose has a team solely dedicated to negotiating these transactions. With only one chance to do a short sale on you home, you want to make sure your file is given all the attention it deserves. They are not afraid to answer the tough questions. Before selecting an agent, it is important that you get every question answered. You deserve to have every question answered honestly and to the fullest extent. A good agent will answer all of your questions and keep you fully informed throughout the negotiation. Deciding to do a short sale on your Knoxville home is a big decision, but it is very important you know your alternatives to foreclosure before its too late. I specialize it helping  Knoxville homeowners avoid foreclosure and explore what is the best option for them. Please let me know if there is any way that I can assist you, feel free to send me an email or give me a call at 865-696-9002. All my services are done at no cost to you. Also, be sure to check out my blog post, "Knoxville Short Sales: 3 Questions To Ask Your Agent."

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