gatlinburg foreclosures: View from My Office Window - 08/13/11 12:28 PM

 
What Can I Say?  Selling Gatlinburg Real Estate  is a dirty job, but someone has to do it..:)
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gatlinburg foreclosures: Why Do You want to Buy Real Estate in the Smokies? - 02/01/11 11:41 AM
We really believe that purchasing investment property in the Gatlinburg area is a great idea, there are lots of other reasons to own property here, too!  What are your reasons for loving the Smokies?

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gatlinburg foreclosures: Buying a Home for Sale in Gatlinburg or Pigeon Forge: It's a Whole New Game - 01/15/11 10:58 AM
I've had the opportunity to be working with the TOP agents from all different companies and area of the country this week, and everyone seems to be noticing the same thing:  a substantial uptick in serious interest in all kinds of real estate.  This has certianly been the experience of The Terrell Team with people looking for Gatlinburg homes for sale or Pigeon Forge homes for sale.
That's exciting news, but it also comes with a bit of a twist.  At the time when interest is reviving, the banking industry still remains in some turmoil, at least from the perspective of … (2 comments)

gatlinburg foreclosures: Income Producing Property for $120,000 - 06/19/09 09:42 AM

This adorable 1-bedroom cabin is located 1/2 way between Gatlinburg and Pigeon Forge, just off the "spur".  It generated over $18,000 in gross rental income last year.  It is being offered as a SHORT SALE (the lender must approve the contract) at $120,000.  This is a rock bottom price for such a great cabin, and could create positive cash flow.  Please email me at janebterrell@yahoo.com for additional information!



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gatlinburg foreclosures: Gatlinburg Short Sales--Personal Property Update - 03/12/09 08:07 AM
Just a reminder that furnishings (even including appliances) are considered by lenders to be "personal property" and are therefore not an automatic part of a short sale negotiation.  Typically the owner of a property can remove personal property during the short sale process, unless it is part of the written contract.  An addendum to the contract specialfically addessing the personal property in the home is one way to deal with this. 
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gatlinburg foreclosures: Distressed Properties in Sevier County - 02/22/09 08:20 AM
 As real estate professionals, we have always thought that putting the client first made the best sense for us--business really does work best that way!  But today that is even more important than ever, as so many people are trying to navigate the real estate waters that change by the hour.  With that in mind, I made a decision to do what I could do to use my knowledge and expertise to assist homeowners here in my own community.  I began to focus on the distressed property market, and helping owners who were in trouble or knew that they were about … (0 comments)

gatlinburg foreclosures: Understanding How Norvik, Norway has Been Effected by the Mortgage Mess - 02/17/09 05:05 PM
I watched the best show last night--CNBC's "House of Cards"...it was a fascinating look at how we got into the current mess, complete with interviews of the folks who made the decisions that started it all (and they remain totally unrepentant, I might add!)  The show goes through the origins of the loans, the development of lucrative bundling of the loans that produced a huge demand for them--and how young people who had literally worked as "pizza delivery" people a month earlier were making 20K a month selling these loans.  They then were packaged up, rated AAA and sold to municipalities … (0 comments)

gatlinburg foreclosures: Market Update: Gatlinburg, Pigeon Forge and Sevierville: More About Short Sales - 02/06/09 09:45 AM
A year ago, many even experienced real estate professionals had no idea what a short sale was, but times have changed for sure! As we navigate our way through the troubled waters of today’s economic challenges, we’re learning fast about all kinds of new things, including the ubiquitous “short sale” option. As you know, a short sale is a deal where the lender(s) holding the mortgage on a property agree to consider offers less than what is owed. Having worked with several of these situations in the last few months, here are some other things to consider about short sales:
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gatlinburg foreclosures: "Pricer Per Square Foot" in the Gatlinburg Market - 01/25/09 05:50 AM
If you are  considering a purchase (or even a sale) of investment or vacation  property in the Gatlinburg, TN area (including Sevierville, TN and Pigeon Forge, TN)  keep in mind that some of the traditional methods of determining a fair market value for a property aren't as useful in our market.  Take, for example, the "price per square foot" method.  While this can be a gross indication of a property category (and you should be aware of it)  it doesn't really take into account the special needs of our market here in Gatlinburg.  The fact of the matter is, hardly anyone … (0 comments)

gatlinburg foreclosures: Foreclosures, Short Sales and Other Bargains in Gatlinburg - 01/23/09 07:13 PM
As the months have passed and economic conditions have changes, anyone interested in real estate activities around the country has become educated in some aspects of short sales and foreclosures. In fact, many of the buyers coming into town looking for the best deals tell us "we only want to see foreclosures ".  While our market here in Sevier County TN (Gatlinburg, Sevierville and Pigeon Forge) has its share of those to be sure, there is another group of properties that shouldn't be overlooked: those that are fully owned or have a great deal of owner equity.
Properties that were purchased … (0 comments)

gatlinburg foreclosures: Foreclosures, Short Sales and Other Bargains in Gatlinburg - 01/23/09 08:18 AM
As the months have passed and economic conditions have changes, anyone interested in real estate activities around the country has become educated in some aspects of short sales and foreclosures. In fact, many of the buyers coming into town looking for the best deals tell us "we only want to see foreclosures ".  While our market here in Sevier County TN (Gatlinburg, Sevierville and Pigeon Forge) has its share of those to be sure, there is another group of properties that shouldn't be overlooked: those that are fully owned or have a great deal of owner equity.
Properties that were purchased … (0 comments)

gatlinburg foreclosures: It's A Buyer's Market in the Smoky Mountains--Sort Of - 01/22/09 07:43 AM
Of course our real estate market here in the Gatlinburg area (including Sevierville, TN and Pigeon Forge, TN) has experienced a downturn, but I've had the experience of some surprised buyers in the last few weeks.  Having listened to the news reports and using the information from their home real estate markets (such as Michigan or Florida) some  have arrived in town looking for looking for fantastic unbeleiveable bargains.  Yes, those properties are out there, and Yes , we can find them...but what is surprising to some is that when we DO find those properties, buyers  are many times no longer in … (0 comments)

 
Jane Terrell, Broker Gatlinburg  Homes for Sale (Century 21 Four Seasons) Rainmaker large

Jane Terrell

Broker Gatlinburg Homes for Sale

Gatlinburg, TN

More about me…

Century 21 Four Seasons

Address: The Terrell Team- Century 21 Four Seasons, 1441 Wiley Oakley Drive , Gatlinburg, TN, 37738

Mobile: (865) 223-8062

Fax: (865) 428-5511

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Updates on real estate market information effecting the Sevier County TN area ( Gatllinburg, Sevierville and Pigeon Forge), and musing on why this is such a wonderful place to call home!


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