Knox County Participates in Nationwide Open House Event to Educate Consumers About The Housing Market.

FOR IMMEDIATE RELEASE

Contact:
Warren Zook
Managing Broker/Owner
EXIT Realty Knoxville
865-690-4300
warrenzook@EXITRealtyKnoxville.com

Knox County Participates in Nationwide Open House Event to Educate Consumers About The Housing Market.

There Are Options

Knoxville, Tennessee (Grassroots Newswire) July 28, 2011 --

This past weekend EXIT Realty Knoxville and its *preferred Mortgage lenders teamed up to hold open houses throughout Knox County to educate residents about the benefits of home ownership and purchasing pre-foreclosure or foreclosed properties. In recognition of the fact that many Americans nationwide are on the verge of losing their homes to foreclosure, EXIT Realty Knoxville also went door to door in many neighborhoods educating homeowners about the options available to help them either keep their home or sell their home and quickly restore their credit. "Short sales and foreclosures are no laughing matter," says Johnny Loewy, Wall Street Journal's top ranking REALTOR® and Motivational Trainer for EXIT Realty Corp. International. "The only way we can improve the economy is by educating consumers about the true market and their options," he continues, "that's why we [EXIT Realty] have coordinated this educational effort on a national level."

If you are at risk of losing your home, time is of the essence and a good REALTOR® can show you some smart options to protect your financial interest. Most homeowners are not aware that relocation money may be available from their lender nor that government assistance programs abound to help distressed sellers get out of their homes, restore their credit, and purchase another home in as little as two years.

So is the real estate sky falling or can we just not see the blue skies through the clouds? Is it really a bad market? Not if you are a buyer. Many homes can be purchased for as little as 30% of current market value and interest rates for owner occupied and investment properties are the lowest they have been in recent history. Often people only see opportunity after it has already passed; a limited window of opportunity exists in the current market conditions for buyers who could not qualify only a few years ago. Many factors have contributed to the current window, but time is limited because some of the contributing factors won't last long. There were more millionaires made through real estate during the great depression than any other time in history and the market conditions are right again. EXIT Realty Knoxville and Its preferred Mortgage Company's are providing consumer education along with a free credit evaluation to anyone interested in buying their first home or building an investment portfolio. Knowledge is power, get educated now, and become a part of the economic solution.

* First Choice Lending Services, LLC – Bo Thompson

* Wells Fargo Home Mortgage – Renee Sunday

* Smokey Mountain Realty – Leila Blair

* Mortgage Investors Group – Andy Munsey

* American First Mortgage Svcs. – Amera Sadakne and Troy Roberts

* ORNL Federal Credit Union – Jason Denton

For more information about EXIT Realty Knoxville, please call 865-690-4300. EXIT Realty Knoxville is located at 201 Perimeter Park Rd., Ste.E, Knoxville, TN 37922.

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