“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

About Gatlinburg's Chalet Village

working these "LONG" short sales!

Delores A White: Real Estate Agent in Sevierville, TN

Well, as we Tennesseans start every sentence. I just had the most trying experience with one of the banks we are "lending" money to and a bank that must just be plain dumb about business.
I had not one, not two, but three contracts on one single vacation home in Gatlinburg with unbelievable views of the great Smoky Mountains and views of downtown Gatlinburg.
This was a short sale and I wrote one of these in January and one in February and received one in February from another agent. The first two buyers backed out from the fact that these two banks could not give me an answer in two months. Then after they backed out I got another contract on this vacation cabin and still the banks can't give me an answer. Now I have this buyer backing out.
What in the world is wrong with this picture. This property is going into foreclosure because the right hand does not know what the left hand does and everyone loses.
Suntrust who holds the 2nd and will get nothing when Chase forecloses, was holding out for more money. Someone besides me must think they have lost their minds.
I am glad that I live in a beautiful vacation area like the Great Smoky Mountains where dealing with this type of sale is not very often but I feel great admiration for those agents that have to deal with this type of sale daily.
My hat is off to you and when you have time come on up or down which ever it is and enjoy the lights of Gatlinburg or Pigeon Forge or just take in the breathless views we have in our glorious mountains.
Thanks for listening, Delores