Knoxville TN Real Estate Blog

Knoxville TN is a great place to live.  If you are looking to buy a home in Knoxville TN you need to consider getting a home inspection on your new home.  If you are just starting your Knoxville home buying process make sure you go back and revisit these important first steps:

How to Buy a Home in Knoxville TN- Step 1- Secure Your Financing
How to Buy a Home in Knoxville TN-Step 2- Determining the Best Knoxville Neighborhood For You
How To Buy a Home in Knoxville, TN - Step 3 - Determining Your Wants and Needs
How to Buy a Home in Knoxville, TN - Step 4 - Researching Comps & Preparing The Offer

As a Knoxville Buyer it is imperative for you to protect yourself with the home inspection contingency.  Even though the home might look great to you and your Uncle Joe says it is solid as a rock we always recommend that you get a thorough home inspection by a Licensed Home Inspector.

Sometime Buyers balk at the idea of spending a few hundred dollars on a home inspection, but considering you are spending thousands on the home it is not a smart place to try to save money.

In fact, I like to refer to the section on the Purchase and Sales Agreement where you waive your rights to a home inspection as the "idiot box".  Even the investors I work with, who in many cases gut the entire home, have an inspector check out their homes before they buy.

During the inspection contingency period, you as a buyer can get any inspection that you want, but it is usually considered a Buyer's expense.  Keep in mind that a home inspector is not a structural engineer, an electrician, a plumber, a roofer or a HVAC professional, so if you are concerned about anything specific you may want to have a specialist check it out as well.

No part of a home, no matter how expensive, is made to last forever.  Even a brand new HVAC system could fail after a year.  For this reason it is often recommend that the Buyer either ask the Seller to supply, or purchase themselves, a home warranty.

Types of Inspections:
Many buyers simply get a basic Home Inspection- however, as a buyer you have to right to get as many inspections as you wish during the inspection contingency period.

- Home Inspection- make sure they are actually licensed in the state of TN
- Radon Inspection
- Mold Inspections
- HVAC Inspection
- Electrical Inspection
- Structural Insepction
- Environmental Inspection (i.e. soil analysis)

Interested in going back and reviewing the steps involved in Buying a Home in Knoxville TN take a lot at the rest of the Knoxville Home Buying Series: 

How to Buy a Home in Knoxville TN- Step 1- Secure Your Financing
How to Buy a Home in Knoxville TN-Step 2- Determining the Best Knoxville Neighborhood For You
How To Buy a Home in Knoxville, TN - Step 3 - Determining Your Wants and Needs
How to Buy a Home in Knoxville, TN - Step 4 - Researching Comps & Preparing The Offer

 If you are looking to buy a home in the Greater Knoxville TN area instantly search all homes for sale at www.MyKnoxvilleHomeSearch.com. If you are looking for a luxury home in Knoxville TN visit http://knoxvilleluxuryhomesellers.com.

Instantly search all properties for sale in the Knoxville TN and surrounding areas now!
www.MyKnoxvilleHomeSearch.com

Free Knoxville TN Buyers Tools

Visit Christine McInerney and Jennifer Halinkowski with Keller Williams Realty on-line at:
www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate.com
Office: (865) 694-5904
Christine (865) 237-5289 and Jennifer (865) 621-3658
Mail to: McIn-Kowski@HomesForSaleKnoxville.com

Instantly Search For All Knoxville, TN Homes , Condos , and land For Sale!!

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

 Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009

Instantly search for all Homes For Sale in Knoxville , Farragut, Powell TN, Alcoa TN, Lenoir City, Maryville, Oak Ridge, Corryton, Louisville, Blaine, Seymour, Strawberry Plains     

Please visit us at www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate for additional information about the Knoxville TN area, Knoxville Relocation, and Selling and Buying Knoxville Real Estate.

 ~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Share |

Now that you have armed yourself with the purchasing power of a pre-approval letter from a trusted mortgage professional and know what price range you can qualify for, it is time to start looking for a place to live.  If you are not pre-approved check out the first part of this series: How to Buy a Home in Knoxville TN- Step 1- Secure Your Financing.  However, with so many homes for sale how do you know where to begin?

Narrowing down a place to live can seem overwhelming, especially if you are unfamiliar with the area and relocating to Knoxville TN.  When it comes to finding the perfect place to hang your hat, visit the Knoxville Neighborhood Page for some information about the different Knoxville Neighborhoods. 

Knoxville TN is quite a diverse area and each subarea has its own distinct feel and it truly has something for everyone. 

When it comes to picking out an area you may want to consider these things:

1. How far is the area from places that you will be frequently traveling, i.e. work, school, church, etc...) and would I be happy with this drive?  As a Knoxville Relocation Realtor® we can easily help you search for homes based on this criterion (like 10 miles or less from your place of employment).
2. What kind of housing do you prefer?  In Knoxville TN the most common are single family residences (you own the home and all the land), condos (you own the building interior), and a planned unit development or PUD (you own the home as well as a small plot of land (you are responsible for maintaining your portion usually)- the rest of the land in the development is common land).
3. Differentiate between your wants and your needs.  It is unlikely that you will be able to find EVERYTHING that you want but usually you can find a good balance.  By creating a prioritized list you can save yourself a lot of time as well as be more realistic when you are looking at homes.
4. Do you require public transportation?  View the Knoxville Transit Association for maps of the Knoxville Transit System.
5. REALTORS® are unable to comment on location, demographics, crime rates in regards to safety, quality of school zones, etc... if these things are important to you make you do your Buyers due diligence by checking with the local police dept or school system.

One great way to familiarize yourself with the Knoxville Real Estate market is to provide a Realtor® with your search criteria and have them send you listings.  In Knoxville there are areas that have much higher home prices and not everyone can afford all areas.  You may also find that you can get much more for your money by searching in another area.

Knoxville Home Buying Series: 

How to Buy a Home in Knoxville TN- Step 1- Secure Your Financing
How to Buy a Home in Knoxville TN-Step 2- Determining the Best Knoxville Neighborhood For You

If you are looking to buy a home in the Greater Knoxville TN area instantly search all homes for sale at www.MyKnoxvilleHomeSearch.com.  If you are looking for a luxury home in Knoxville TN visit http://knoxvilleluxuryhomesellers.com.

Free Buyers Tools

Instantly search all properties for sale in the Knoxville TN and surrounding areas now!
www.MyKnoxvilleHomeSearch.com

Visit Christine McInerney and Jennifer Halinkowski with Keller Williams Realty on-line at:
www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate.com
Office: (865) 694-5904
Christine (865) 237-5289 and Jennifer (865) 621-3658
Mail to: McIn-Kowski@HomesForSaleKnoxville.com

Instantly Search For All Knoxville, TN Homes , Condos , and land For Sale!!

 

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

 Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009

Instantly search for all Homes For Sale in Knoxville , Farragut, Powell TN, Alcoa TN, Lenoir City, Maryville, Oak Ridge, Corryton, Louisville, Blaine, Seymour, Strawberry Plains     

Please visit us at www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate for additional information about the Knoxville TN area, Knoxville Relocation, and Selling and Buying Knoxville Real Estate.

 ~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Share |