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Contact a SMOKY MOUNTAIN REALTOR
A Mighty Peaks Real Estate Agent can help you through the entire process of buying
a Smoky Mountain home, cabin, chalet, or condo. This process starts with
finding a mortgage lender, assisting with finding a competent inspector, and
finally closing. Of course, Mighty Peaks may help you sourcing contracts
for improvement and finding the best property management company available,
unless you are purchasing a primary or secondary home.
Get Pre-Approved for a Loan to Buy in Gatlinburg/Pigeon Forge/Sevierville
Gather a file for your credit statement, your FICO score, and
annual financial statement. Do what you can in the short-term to protect, or even increase,
your credit score. You can get most of this information online. Your
CPA or local banker may also help you with financial advice. Your Mighty
Peaks Agent can also help you with mortage lender contacts. It
will be your choice to select the best deal and mortage package
for your real estate purchase in Smoky Mountains, Tennessee.
Select your Price Range & Areas of Interest for your Purchase
It should become apparent to you how much home you can afford
here in the Smokies. You
can narrow down the search for the perfect cabin or chalet by price, size, age,
location, amenities, and accessibility. Your Mighty Peaks Realty Agent
will inquire whether the Smoky Mountain Home will be used for your primary or
secondary residence or investment vacation rental. They
will gather this information to help you with your Search.
Begin Searching & Evaluating the Market in Gatlinburg & Pigeon
Forge
You can search here on Mightypeaks.com for listings that
meet your criteria, as well as market data that may help guide
you. Identify the Smoky Mountain
homes that may fit what you are looking for & record the MLS. Your
Mighty Peaks agent will use the property address or MLS # to find more information
for you & set up an appointment for you to see the property. You may
want to use Mighty Peaks Realty website several times to find potential listings
for you to view. Condense your search as much as possible using the MLS
listing information. Use your price range, resort neighborhoods,
size of home, amount of bedrooms, amount of bathrooms, views,
locations, age of property, and other essential credentials that
are vital in your decision to buy.
Our agents will assist you in finding the optimal property
through a home tour.
Your agent can also search for you and even add cabins and chalets
they feel will fit into your search criteria. They can also keep an eye on what’s
new on the market or what price changes may make hot-listed properties more attractive. Begin
evaluating the listings you see to see if you can see yourself living there or
investing in this time of home for the short-term and/or long-term in the Gatlinburg,
Pigeon Forge, Sevierville, & surrounding areas. Remember to record
the details and notes you may have for each home you visit on the Smoky Mountain
home tour. Write the Pros and Cons with each property to compare them. This
will help you narrow down your choices until you find the one that is right for
you to consider further. You may then inquire further about
the cabin or chalet listed or even make an offer on the property.
Make an Offer
When you have selected the Smoky Mountain home you want to
buy, be prepared to assist your Mighty Peaks agent with a written
offer. Your Smoky Mountain
agent understands the market values in Gatlinburg, Pigeon Forge, & surrounding
areas. They can help you arrive at a price that gives your
offer the best chance of being accepted or at least be considered
for an optimal purchase price.
Your offer may not be accepted immediately, but you can negotiate
further on the home through your agent. Always consider the other Smoky Mountain listings
you may have interest, in case, your offer and following counteroffers are not
accepted. Most marketplaces have availability and there will be the perfect
home available at some time for you & your family.
Once Your Offer Is Accepted:
- You'll be asked to submit an earnest money deposit that is
refundable if the offer is not accepted. If
it is accepted, Mighty Peaks’ will hold the earnest money
in escrow until your closing. At that time, it will
be used towards the purchase price as a credit.
- Begin making moving arrangements or a list of things that
need to be done if you are not moving into your Smoky Mountain
home.
- Have the property professionally inspected. Your agent
will make a recommendation(s)
- If necessary, make repair requests based on the inspection
report.
- Obtain homeowner's insurance. You will need overnight
rental insurance if you choose to
rent it on the Gatlinburg & Pigeon Forge rental market.
- Contact utilities (phone, internet, gas, electric, security,
etc)
- Before closing, do a walk-through investigation of the property.
- Obtain a cashier's check for the down payment and closing
costs.
At Closing:
- Make sure the terms & conditions of the mortgage statement
are correct, before signing.
- Get your keys, copy of records, & mortgage coupons. Congratulations!
ENJOY YOUR NEW HOME!
Reasons to use a Realtor in your Home Search
When buying a home, consider that it is probably the largest
investment of your lifetime. Having an experienced professional
Smoky Mountain Real Estate agent representing you & consulting
with you throughout the transaction is a wise decision.
Buying a home can be an extremely important personal and financial
decision. Mighty Peaks Realty agents understand the real
estate process, the local market, as well as the overnight rental
market in Gatlinburg & Pigeon Forge. They can help
you and allow you to be more confident with your search & purchase.
The home purchase process can be an extensive process, but
can be made much easier with a Mighty Peaks agent involved. They
can help you make the right decisions and help you avoid overlooking
a step when buying your Smoky Mountain property. They can
help you with the past, present, and possibly the future details
of our area, the community, and people involved in the housing
and tourism industries here. They have a network in place
that will comfort you and allow you to work much quicker through
the transaction purchase.
Mighty Peaks Real Estate Agents will be objective and point
out advantages, as well as disadvantages, to certain locations
and listings. Your Real estate agent will also give you some
added perspective of what it will take to find the best deal,
create the most value and demand in terms of resale, and help
you maximize the benefits of home ownership. |
