Many buyers who have not been given guidance in the current home buying process believe that the first step is getting online to search internet sites or going out with a Knoxville real estate agent to view Knoxville homes for sale. If this is the first thing you are doing then you are skipping the most […]
Using Video Previews of Knoxville Homes for Sale for Relocating Clients
Troy Stavros, lead buyer’s agent at the 865 Real Estate is using video technology to assist both local and relocating clients in searching Knoxville homes for sale. Stavros said, “As the leading listing team at Gables & Gates, REALTORS we were already utilizing live video and professional photography for our home sellers, but have recently found out what […]
Closing costs in Tennessee are in line with the national average
Origination and title costs on a $200,000 mortgage averaged $3,754 nationwide, down 7.4 percent from 2011, based on Bankrate’s annual survey. Origination fees declined 1 percent; while title and closing costs shrank nearly 12 percent. For the third straight year, New York had the highest closing costs at $5,435, followed by Texas at $4,619 and Pennsylvania […]
FHA 203(k) loan wraps repair costs into your 30 year mortgage
Purchasing a fixer upper or foreclosure in Knoxville means you are getting a getting a good deal, but with that deal is the price of repairs. Foreclosure website RealtyTrac, states that foreclosures sold at an average discount of 27% compared to non-distressed properties in the first quarter of 2012. A great option for Knoxville home […]
How a low-ball offer on a Knoxville home for sale can cost you more
Are you hurting yourself by submitting low-ball offers on a Knoxville home for sale? A year ago 10% of REALTORS® were vocal about receiving low-ball offers on homes for sale. A low ball offer consists of an offer submitted by a potential home buyer for 25% or more below the list price. According to a […]
Getting pre-approved in Knoxville doesn’t mean the bank won’t deny your loan!
If you have listened to the national news at all, you know that banks have tightened their underwriting standards making it more difficult for some Knoxville home buyers to get approved for financing. The very first step you should take in buying a Knoxville home is getting pre-approved for a loan to know where you […]
The best way to search Knoxville homes for sale
If you’re a new visitor searching Knoxville homes for sale on our Knoxville real estate search tool, you will quickly notice that we are offering the most powerful home search platform in the entire Knoxville market. We take the full data feed from our local MLS and run it through our custom software that allows […]
Thinking about buying a Knoxville home? Nervous? Ask yourself WHY to both.
Are you in the market to buy a home in Knoxville or beyond? Are you worried about whether you are buying at the right time and scared that prices may continue on a downward trend? If you are thinking about buying, the number one question you have to ask yourself is WHY? The question of […]
What are the long term benefits of buying a home vs. renting a home in Knoxville?
This infographic from Forbes.com explains pretty clearly the long term benefit of buying a home in Knoxville versus renting. The American dream is alive an well and as this shows can in turn help you save for retirement. Renting may be a good option if you are planning to stay in a location for a […]
Why waiting and getting a lower price on a Knoxville home may end up costing you more!
Couple today’s ultra-low interest rates and the low home prices being offered by the Knoxville housing market and you get “perhaps the best deals of a generation,” notes a recent article by Bloomberg Businessweek. With mortgage rates that have been hovering at record lows for the past few weeks (4 percent range or even lower […]
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