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: Should I Be Ashamed Of Doing A Short Sale?

Knoxville Loan ModificationsIn our Ask the Expert Section, we recently received a question from Yvonne, she asks, "I haven't made a mortgage payment on my Knoxville home in over a year. I've tried everything to make paying a my mortgage possible, including working 2 jobs. But, I have two kids and I can't seem to make ends meet. I tried working with my lender but they've been a pain. I started a short sale but don't want to let the world know about my situation. Should I be shamed of doing a short sale on my Knoxville home?" In recent years, tough economic times have hit a lot of people very hard. While every situation is a little different, there are many people who have been hit by hardship and who have been in a very similar to you, which is why short sales have been so popular in recent years. There is absolutely nothing to be ashamed of by opting to do a Knoxville short sale. The decision to complete a short sale is not an easy one. In many cases, prior to deciding to do a short sale, homeowners have already been put through the ringer by the lender. They may have tried to complete a modification or approach there lender for help, only to have to help for the efforts. After being put through all that, it can take a lot for homeowners to go ahead and pursue a short sale. A Knoxville short sale gives homeowners a chance to sell your home with dignity and avoid foreclosure. It'll do less damage to your credit and allow you to avoid the public humiliation of going through foreclosure. Since a short sale is handled much like a traditional real estate sale by listing the home and finding a buyer, it would take some digging for a majority of people to find out that you're short selling your home. As someone pursuing a short sale, you're doing something to make the best out of a bad situation. Are you facing foreclosure on your Knoxville home? Do you want to hear your options to avoid foreclosure? If so, please do not hesitate to give my team a call at 865-696-9002 or send an email to [email protected]. We’ve helped countless Knoxville homeowners avoid foreclosure. Give us a call today for a free consultation.

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