Vermont/Tennessee · Member since 2018 · 25 posts · 29 votes
Hey all- seeking recommendations for an agent/broker in Chattanooga,TN for a HomePath/FannieMae purchase. Is there a good way to search for agents with specific REO experience? I can't seem to find any with this particular experience listed unless I just don't know the correct way to look. As a side note, I'll also need contractor recommendations for same purchase. I welcome any and all recommendations of any kind for the Chattanooga area...
Rental Property Investor · Augusta, GA · Member since 2019 · 129 posts · 112 votes
6y
@Kristin Smith I don't know @Heidi Rau personally, but know that she is well connected with the Chattanooga investor network. Heard good things. We have a couple of agents that can help as well with REO experience, tax sales, etc.
Please PM me on the contractor side and I can provide some recommendations. We do about 5-7 renovations a month in Chattanooga and can point you in the right direction.
Realtor · Chattanooga, TN · Member since 2018 · 34 posts · 36 votes
6y
@Kristin Smith I have worked foreclosures in the past. They are simpler than they seem, just a lot more paperwork to sign (and rather repetitive really). Most of the sites allow you to submit the offer through their online system then you just wait for a response. I think the last one I did we had 7 counters total. They usually counter in increments each time, so we just barely went up each time until we got the system to come down to the price we wanted. It gets more complicated if you are financing rather than paying cash, but that is with any deal.
Rental Property Investor · Augusta, GA · Member since 2019 · 129 posts · 112 votes
6y
@Kristin Smith I don't know @Heidi Rau personally, but know that she is well connected with the Chattanooga investor network. Heard good things. We have a couple of agents that can help as well with REO experience, tax sales, etc.
Please PM me on the contractor side and I can provide some recommendations. We do about 5-7 renovations a month in Chattanooga and can point you in the right direction.
Vermont/Tennessee · Member since 2018 · 25 posts · 29 votes
6y
Thank you all! I will be reaching out to several people as well as two agents that my lender recommended, to see who will be a good fit for my investment goals. It’s so nice to meet good people here on BP, with word of mouth recommendations