Can I Get a Loan?
It all depends on your current financial situation and your credit score. If you have had problems with debt in the past, it may or may not affect your ability to get a loan for a Knoxville home. You will need to get a credit report for you and your spouse if applicable and talk to a loan manager in Knoxville. They will look at your financial history and your present income. Sometimes you may not think that you can qualify for a loan and yet walk away from the interview pleasantly surprised!
Do I Need to Use a Real Estate Agent?
Yes, unless you want to end up driving around in circles looking at homes that aren’t worth your time. A real estate agent will help you narrow down your choices so you don’t have to waste any valuable time and energy. You will also have a professional in the field that can negotiate on your behalf to get the best price.
Can I afford it?
It is best for you to work with your financial advisor and Knoxville real estate agent to help you determine a realistic purchase price that fits into your monthly budget. When this is established you can start your search with confidence and the security of knowing what you really can afford.
As a local real estate broker in Knoxville we can offer you more free information about the Knoxville real estate market, including the most recent homes for sale, current property values and more. Feel free to contact me, Troy Stavros, anytime with any of your real estate or mortgage related questions and I will be happy to answer them for you. You can visit our website at www.RealEstateFish.com, which offers complete information about the Knoxville real estate market. You can also call me directly at 865-599-9444 or email me at Troy@RealEstateFish.com .