Pigeon Forge Foreclosures | About Gatlinburg Weather About Gatlinburg Weather: Pigeon Forge Foreclosures

Wednesday, March 11, 2015

Pigeon Forge Foreclosures

With the current real estate market, normal listings have been slow to say the least, which may make it not like an optimal time to acquire real estate. The housing market is moving fairly slow, and people are not very sure if buying homes is a venture that is currently worth making. Property prices are low. However, what a vast majority of people do not realize is that these same status have led to an upward trend in foreclosure, which has created many opportunities for buying cheap real estate than has existed in the past decade or so. This means there has also been a great increase in foreclosures in Pigeon Forge, Sevierville, Gatlinburg, and the Tennessee areas. Foreclosures and Short Sales in East Tennessee offer a gigantic opportunity for
discovering some of the best deals on a nice home home, second home, log cabin or rental property within the cities of Gatlinburg, Pigeon Forge, Sevierville, and the rest of Sevier county.
Pigeon Forge is located at the foot of the Great Smoky Mountains, one of the most pretty locations in the country. Visitors flock to Pigeon Forge all year round. In fact, there really is no off-season for Pigeon Forge because of all the area has to offer. In the fall, visitors tend to come to the city because of the nice weather and to see the all the colors of the leaves change. In the fall there is skiing in Gatlinburg and great shopping opportunities. In the summer is when things really get going, this is when it receives the majority of its visitors. A lot come to see the mountains, go hiking, see attractions like Dollywood, or just to go shopping. Having a year round tourist industry makes owning a rental cabin a great investment. This allows them to visit anytime they want without having to worry about making reservations and can actually save them money. Owners can choose to rent their Pigeon Forge cabin when they are not staying there for an additional income opportunity.
This is where finding Pigeon Forge Foreclosures comes in, you can save yourself up to 50-70% of the original sales price of a property.Right now, there are over 200 foreclosure listings in Pigeon Forge alone, and they are not very hard to find if you know where to look. This is a great opportunity now for investors to purchase foreclosed homes in the area and use it for yourself and make a profit by renting it out, or waiting until the market picks up and selling it for a very large profit.
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