It can be tough to be a home buyer in a multiple offer situation. So, how can you stand out to make your offer more desirable? My first piece of advice is to get pre-qualified for a mortgage loan. This gives the seller a sense of security because you have proven that you can purchase the home. It makes you nearly equal with a cash buyer, but this also allows you to find out what you can afford to purchase. Most sellers won’t even look at an offer without a pre-qualification.
Another good thing to do is put down 20% on a home, or put a larger amount of earnest money down. Not everyone can afford to do this, but if you have the financial clout, I would recommend it. It’s also not a good idea to make an offer with a lot of contingencies. You want your offer clean, and sellers don’t like to muddle around with contingent offers. You can consult with me on how to make the cleanest and most attractive offer. If you want more advice on how to make the best offer and win the home of your dreams, then don’t hesitate to reach out to me! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
What happened in 2008 when the market crashed, and what does it mean for us? Well, in a nutshell, property values plummeted and a lot of people lost the equity they had gained up to that point. From 2006 to 2007, we saw 15,757 properties sell. Year to date, from 2014 to 2015, we've seen 16,000 homes sell. Compare that to the 2010 to 2011 time period, where we only saw 9,563 homes sell. It's safe to assume that our market is on solid ground once again, as we've seen home sales increase year over year since the bottom of the crash.
We're expecting an even greater year next year, so it's a great time to buy or sell in Knoxville. Once the spring hits, you can expect a seller's market, making it a great time to get great value for your home! If you have any questions about market conditions or if you need real estate assistance, please don't hesitate to reach out to us. We would love to hear from you! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
Today, I just wanted to take a moment to wish everyone a great Thanksgiving. I hope everyone has a great holiday this year.
Sometimes, we take for granted all the small things in our lives. This year, take it all in and appreciate those small things because you never know what tomorrow brings. From my family to yours, happy Thanksgiving and God Bless! Keller Williams Realty 11121 Kingston Pike, Ste. C Knoxville, TN 37934 865-966-5005 Each Keller Williams Office is Independently Owned & Operated
