Get More House for Your Money in Knoxville

Get More House for Your Money in Knoxville

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A home is the most valuable possession of any owner. Perhaps you are now in a position where you want or need to sell your home, and you're looking at homes for sale in your area. Whether it's due to a recession, a new job, or simply wanting a change in your environment, selling your home and buying a new one is an important decision. When you're ready to make this step, it is imperative to find a real estate agent who is experienced on both ends of the real estate spectrum - in buying and selling.

Success in this market takes much more than pounding a sign in the yard, placing a classified ad, posting it on a website and real estate advertising book. You could hold an open house every Sunday and still not have a successful marketing plan. There's nothing more frustrating than having your home sit on the market for 180 days only to have the listing term end with no sale, no offer, and no real understanding of what went wrong.

Technology has advanced and because of this some are content to list their houses electronically. The first step Knoxville home for sale many people is to use the online classifieds sites. Generally, these sites are free to use whether you are the buyer or the seller. You can read through many listings and see which ones interest you the most. You might find it to be more unorganized, but you can use specific criteria to limit search results.

First off, from a real estate perspective the lake is divided into parts and those parts into mile markers. Real estate professionals and locals alike refer to locations by their "area name". Some of the areas are Horseshoe Bend knoxville homes for sale with pool Porto Cima the Northshore Linn Creek and Coffman's Bend. Other locations are referred to by their road name such as the F and TT area or off the HH. Finally, many people refer to their location by the mile marker of the lake itself.

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.

Once you've gotten your home value from at least two or more sources, you should be able to find an average home value to set as a listing price. You may want to run it by a lender as well, since buyers often need a mortgage and it's important that a home value and sale price be in line with a lender's estimate of its value. If the lender thinks the home is priced way too high, it's unlikely a potential buyer could get a mortgage. It's also important to be accurate and fair as to what you're asking for price wise, since studies show that homes priced more than 3% over the correct home value take much longer to sell.

You can sell your house yourself. However, you Knoxville home for sale must know going in that selling any home in any market is challenging. Do your research and be prepared to compete. One easy and effective tool is to advertise your home as "Realtor Friendly". You will pay a fraction of the cost of listing your home. Of course you still have the issue of drawing attention to your home.

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