2 Mortgage Myths That Are Effecting Home Buyers

Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. […]

3 Questions Every Home Buyer Should Know The Answer To

VIDEO: There are 3 questions every potential home buyer should know the answer to. I give you the questions…and the answers. There are many potential home buyers still renting because they believe they can’t qualify for a mortgage. This information could be a game changer for them, as their is a lot of misinformation out […]

Affordability May Not Be This Good For Too Long. It’s Time To Buy!

Now that the housing market has stabilized, more and more homeowners are considering moving up to the home they have always dreamed of. Prices are still below those of a few years ago and interest rates have stayed near historic lows. Sellers should realize that waiting to make the move when mortgage rates are projected […]

What Is Equity In A Home? How Does It Help Build Wealth?

So what is equity in a home, and how does it help build wealth? Citing a recent survey by Merrill Lynch, over 80% of the people in the United States believe that homeownership is still “an important part of the American Dream”. One of the biggest reasons it’s seen as so important is that it helps build […]

Renting in Knoxville? Stop Paying Your Landlord’s Mortgage!

Are you renting in Knoxville? It may be time to stop paying your landlord’s mortgage. There are lots of folks out there that haven’t bought a home yet because they don’t feel comfortable taking on the commitment of a mortgage. What everyone needs to realize is that, unless you are living with your parents rent free, you are paying a mortgage […]

Waiting One Year To Buy Could Cost You $100’s Per Month

Recent research shows that first-time homebuyers are buying homes in greater numbers than any time in the last few years. Also, renters in Knoxville are now realizing that they are also able to buy a home. If you are tired of seeing your friends and family diving head first into the real estate market, and wondering if […]

VIDEO: How To Know When You Are Ready To Buy A Home

OK. So some of this video by actress Elizabeth Banks is a bit tongue in cheek, but the information is solid. Great information if you are a first time buyer, or a refresher if you are a seasoned buyer. Not only is it informative, but entertaining and funny as well. Give it a watch and […]

INFOGRAPHIC: Historical Mortgage Rates Over Last 40 Years

The INFOGRAPHIC below charts the historical mortgage rates for 30 year mortgages over the last 40+ years. The 30 year mortgage rate is projected to increase by a full percentage point next year. The mortgage rate currently available is still well below the averages of the last 40 years.  If mortgage rates rise by a […]

3 Questions To Ask Yourself Before Buying A Home in Farragut

Have you been kicking around the idea of buying a home in Farragut or Knoxville?  If you are, I’m sure you are getting lots of advice. Friends and family, who no doubt have your best interests in mind, can be a great resource to bounce ideas off of, but they might not be fully aware […]

Home Buying Advice: Buy Your Home Soon To Save Money

So there is plenty of home buying advice I could give you, and if you read my articles regularly you know they span quite a bit of information.  But right now, the most important information I can give you is to buy your Knoxville or Farragut home soon.  You might be asking, Troy, what’s the […]

Buying a Knoxville Home With Only A 3% Down Payment

Did you know that buying a home in Farragut or Knoxville can now be done with only a 3% down payment?  In an effort to open up the possibility of home ownership to more Americans, Freddie Mac and Fannie Mae have both launched programs only requiring a 3% down payment. While Fannie Mae’s program is […]

Searching Homes for Rent Knoxville TN? Think again!

Are you ready to get out of an apartment and into something larger? Searching homes for rent Knoxville TN? You might want to think twice about that.  Here is why.  A recent study by the National Association of REALTORS® that studied “income growth, housing costs and changes in the share of renter and owner-occupied households […]

Thinking of Buying a Home Soon? Don’t Run Out Of Luck!

Are you thinking of buying a home in Farragut or Knoxville soon? Don’t let your luck run out! With the 30 year fixed mortgage rates still below 4%, you might be on the fence about buying now or waiting, because you think you still have plenty of time to lock in a low interest rate. However, […]

How To Get The Best Deal When Buying A Home In Knoxville

A recent article on the Wall Street Journal’s MarketWatch website discussed housing affordability and how home buyers can get the best deal when buying a new home.  The article’s summary of the national market conditions showed that home prices will continue trending higher this year, but not as fast as 2013.  Mortgage rates are also […]

The Hot Season To Buy Or Sell A Home In Knoxville Is Upon Us!

Whether you are in a warm weather market, cold weather market, or a high tourist seasonal market, you will see the hot time of the year to buy and sell a home ebb and flow throughout the year.  There will be times of the year that will slow down and others will take off.  Locally, […]