Discover Why This Home Won’t Stay on the Knoxville Market for Long
Discover Why This Home Won’t Stay on the Knoxville Market for Long
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Preparation is the key to a smooth and successful short sale transaction. As with many things in life, proper planning is always the preferred method when approaching a financial transaction. And that is just what a short sale transaction is, a financial transaction involving multiple parties all with different goals or objectives.
As an example related to the above, let's say the house was bought for $200,000 and sold for $300,000, and it took 5 years for this transaction. To actually buy the house, the legal fees, land transfer taxes, mortgage contract and real estate fees amounted to $1000, $3000, $500 and $5000 respectively. The total set up costs would be $9500 so far, which would be subtracted from the money you made, because it actually costs you $200,000 PLUS $9500 to physically buy the house.
I worked with over Knoxville home for sale different buyers a week and everyday I'd hear Did you see those listing pictures? There's no way we want to see that house, it's a dump! Does the listing agent know how bad they are?" Obviously, the listing agent didn't spend anything on real estate photography.
How should you get started with a short sale? The first step is to educate yourself on the process and set the proper expectations. A short knoxville homes for sale with pool can take as little as 60 days to as much as a year or more to complete, depending upon the lender and the amount of time before the auction date. Each lender is very different in regards to their time lines.
Hint: Always make sure that your lender allows rebates, gifts, etc. before doing business with them. Some are so restrictive that they don't allow rebates even though they may be knoxville homes for sale by owner allowed in your state.
Surveys show more than 90% of all homes sold were listed on the MLS. But in addition to the MLS, most Flat Fee MLS listing packages give your property exposure Knoxville home for sale on the Broker MLS Internet Data Exchange (IDX) websites. Your home appears on all of the real estate brokerage websites that display property listing information through the MLS IDX. That's a tremendous amount of exposure for your property. Millions of home buying customers around the world now have access to your property's information through the country's most comprehensive real estate listing databases.
Rocker Flea apparently wants to drop his own place into the vast pot of celebrity homes for sale. His place, located on the Pacific Coast Highway has about 2700 square feet. Flea is asking 13 million for this one. It must be something worth living in for that price.