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 – 3 Things That Can Hurt Your Odds At Short Sale Success

KnoxvilleShortSaleThere is no true rhyme or reason why some Knoxville short sale get approved and others don't. Still, there are certain things that can hurt your short sale odds from the very beginning. Here are 3 things that can hurt your odds of short sale success, and how to avoid them. Wrong Price One thing that can hurt your Knoxville short sale success is having your home set at the wrong price. The price must be "right" for all of the following parties: the lender, the seller, and the buyer. If the price is too high, buyers won't want to buy it. If the price is too low, lenders will not want to accept an offer.  Hire an experienced agent who will help you set the right price for you Knoxville home, and who knows how to prove the price to your lender. Hiring An Experienced Agent A Knoxville short sale agent can truly make or break how your short sale ends up. Knoxville short sales can be tricky, so you need an agent with experience who know the process and how to handle obstacles. Foreclosures can happen quickly in Tennessee, which is why it is important to hire an experienced agent from the very beginning. Seller Not Cooperating Seller cooperation can be extremely important for Knoxville short sale success. If a seller is difficult about showings or takes forever to return paperwork, the short sale success can be greatly hurt. Sellers play an extremely important role in every short sale. As a seller, it important to keep a positive attitude throughout the process, to help your odds at short sale success. 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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