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Great foreclosure cabin– close in to Pigeon Forge– fantastic view — large lot in a delightful resort that is private, private– all the homes that surround it are twice the money- on a cul de sac. Great for second home- could even have a garden! Asking $229,900.
Foreclosures and short sales coming out a few at a time this month– about 12 good ones… about 4 of those already gone… begining to see a few good buys from just distressed sellers that are not foreclosures this could be a better deal- -in that the furniture is usually of high quality and very often remains with the sale…also you have the appliances in tact.
Exceptional cabin on a good sized lot located in Dogwood Farms in beautiful Wears Valley. Breathtaking views await you from the spacious wrap around decking. Unfurnished but in good condition, this home has propane heat,
propane water heater, and has a full finished basement. Total finished living area is 1960- 3 baths and 3 bedrooms.
See the five cabins we have at short sale in the Great Smoky Mountains region, the Pigeon Forge, Tennessee area. These were bought new at $430,000…. They are now priced at $235,000. The cabin on Headrick Lead bank has already approved- so could close quickly- great view cabins with lots of sqft for the money– you could not build these cabins and furnish them for this short sale price… will do well on rental program- this is at the level that these will pay for themselves with rental proceeds…
Five great log cabins in the Great Smoky Mountains region of Tennessee, each priced at $235,000. Bank is willing to take a loss on these cabins. We have 5 cabins for sale in Shagbark in Pigeon Forge, Tennessee near the Great Smoky Mountains National Park.
All these cabins are a short sale– bought new at $430,000…. For the one on Headrick, the lead bank has already approved- so could close quickly- great view cabins with lots of sqft (2352 sqft) for the money– you could not build these cabins and furnish them for this short sale price… should do well on rental program ($45,000 annual rental potential)- this is at the level that these will pay for themselves with rental proceeds.
Three bedroom, three bath log-look, private, park-like setting. Gleaming tongue and groove throughout, hot tub with view of mountains, Great true second home or place on rental program. This property is being sold as a SHORT SALE. The bank’s loss is your gain.
Great Cabin 4 Bedroom 3 Baths— Very good mountain views in a great resort…The Summit – 10 minute drive down to all the attractions,
shopping and dining in Pigeon Forge—it is going to cash flow well on a rental program… list price is $239,900 I would try to get it for $200,000— It is only 2 years old and looks to be in great shape, tongue and groove throughout, large spacious master suites…game room—decks— current tax appraisal on it is $368,000
Pick No. 2
I love this Short Sale… Well built custom log home, built in 2003, 5 bedroom, 5 bath—over 2674 sq.ft. beautiful setting- private- Smoky mtn. wonderland… on the end of a culdesac with a waterfall and stream– it is very close to being an approved short sale- offered for $225,000.
Pick No. 3
Here is another one of my picks! Over 4115 sqft. Built in 2008 on .75 of an acre listed at $269,900.—probably can get for $240,000- I’d try! Has a home theatre and a pool! 3 bedrooms, 3 baths and 1 half bath—gleaming hardwoods, glass, unique design log home on flat wooded easy to drive to lot
Pick No. 4
3 Bedroom, 2 Bath only $99,900. over 2088 sqft. Close into Sevierville—has a view of Douglas lake, one block to the Marina- open and airy- bring the boat – you can not go wrong with this property… great for residence, second home, rental—flip and sell…
Contact me for more details about these properties.
I will first start off by saying we don’t have massive amounts of foreclosures, but we do have some very interesting ones. Are you interested in Sevier County, Knox County or the surrounding areas? Are you looking for a residence for yourself, or a residence that you could rent or flip or are you perhaps looking for an second home in the Smoky Mountains or an investment cabin to put on a rental program? We have all of these!
Right now I am helping someone buy a log home for $115,000 and it will appraise for about $200,000. It has a very small list of items that will cost about $3,000 to repair. So we are excited!
The way to get started is to give me a phone call or write me an email describing what your dream property is and all the particulars that you think are important. There is no charge to have me as your guide and real estate coach as the sellers, the bank, pays my commission, so it is a win – win.
While you are waiting for just the right property to come on the market, we go ahead and help you get pre-approved with a lender; unless you are planning to pay cash. If you are planning to pay cash; prepare to have a proof of funds, so that when the property presents itself you are ready. All foreclosure offers require that you submit the offer with proof of how you are going to pay for it. We have found that there is still a lot of money available for loans to buy property; you just have to be persistent and know who to ask. We help you with this. A cash offer does gives you a negotiating advantage.
After I receive your communication concerning your perfect property, I will
begin to send you specific foreclosures that meet your criteria. Properties are coming on the market, as illustrated here with the picture of a Great Smokies cabin. I will also watch for the ones that are up and coming, so that the moment they come on the market we are positioned to take advantage of something amazing. If you are in town, we will go out immediately and make an assessment. If you are out of town, I will go and photograph it for you, so we can decide whether it is worth your while to make a trip. If you are coming in for a visit, I will arrange a tour of your top picks.
Once we find our property, then we write the offer. We make the offer contingent upon you getting the financing that you want, and we make it contingent upon a professional inspection. This way you are not taking a risk losing your earnest money should the inspection of the property turn up something we are uncomfortable with. This gives you a safety net, ties the property up, so no one can offer a higher price while you are pursuing the details. It takes about 4-6 weeks to actually complete the purchase once the bank accepts your offer. Sometimes the bank will counter you and sometimes there will be multiple offers on the same property. This can be complicated, but that is why we are here. We use our experience to help you navigate and procure the property at the best price possible. It’s a great adventure and we just love it!
Basically that is an overview. Hope all this has been helpful. Look forward to hearing from you.
Deborah & Mike Korlin,
Principal Broker/Owners of
Century 21 MVP
865-765-6157 Deborah’s cell
865-286-1862 Assistant, Rasa Karvelyte
P.S. If you are in our area we show foreclosures on our big screen in our training conference room every week on Sat. at 10:30. Call me and I can give you more details. I will send you a list of foreclosures in a moment…
I am renewing my effort on the my real estate blog. I am hoping to bring you up to date fresh information with this blog concerning real estate in our location in the Great Smoky Mountains- in communities like Gatlinburg, Pigeon Forge, Sevierville, and of course, Knoxville. I want to make it interesting and informative, bringing you late information we have that may help you in your search for real estate or in your decision to sell. Come here often, and please comment. The only requirement is that you sign up as a user of the blog. We will not transfer your information to anyone else. You can do that is the lower right hand corner- click register.