Lingering pet smells can be dire when you’re trying to sell your Knoxville home. For example, last week, I was showing a home to one of my buyers, upon walking into the one of the homes we were greeted with a very strong smell of pet odors, it was like being in a kennel. All in all, it was a great house, but my buyer was extremely put off by the pet orders. If you’re a pet owner, here is how to get rid of pet smells in your Knoxville home.
Cut Odors Off At The Source
In order minimize pet odors in your Knoxville home, it helps to prevent odors in the place where they start – your pets. Frequent grooming and bathing of pets can help prevent pet odors before they become a problem. Read the rest of this entry »
When searching for a West Knoxville homes for sale, there are some homes you walk into, and you just can’t help but wonder, “What on earth were they thinking?” Bad paint colors, themed rooms, and tacky knick-knacks are just a few of the decorating mistakes sellers can often make. Here are a few common decorating mistakes sellers often make when selling their West Knoxville home.
Even for the most open-minded West Knoxville home buyer, horrible paint colors can sometimes be hard to get past. While your daughter may love her bright pink walls, they may turn many buyers off. Bad colors can be distracting to buyers. In addition, many buyers don’t want to have to move in and completely repaint a home. For many sellers, a fresh, neutral paint job can go a long way in helping sell a West Knoxville home for sale. Read the rest of this entry »
You’ve been searching for a West Knoxville home and finally found the right one. You’ve done a few showings, even taken back a few key family members or friends to take a look. Now, you’re ready to write an offer on this West Knoxville home. But, have you fully investigated the West Knoxville neighborhood?
Here is how to investigate a West Knoxville neighborhood.
Visit At Different Times Of Day
To get a good feel for what a West Knoxville neighborhood is like, be sure to visit at different times of day to get a true feel for what it is like. Be sure to visit at night and during the weekend. It will give you a better feeling of what living in that West Knoxville neighborhood will be like. Read the rest of this entry »
Last week, President Obama announced a plan that could save first time home buyers hundreds of dollars a year and help energize the housing market. The new policy would significantly decrease FHA mortgage insurance premiums, which have drastically increased over the past few years. With such a large increase in the past few years, home buyers in Knoxville, and across the country, have been forced to pay high mortgage insurance premiums or have opted to wait until they have the money for a large down payment.
So, what does this change in policy mean for Knoxville first time home buyers?
One very key thing that Knoxville first time home buyers who buy with FHA loans will see a very large amount of saving under the new policy. Since 2010, FHA mortgage insurance premiums have increased five times. They have jumped from .55 percent of a loan’s value to 1.35 percent of a loan value. Under the new policy, FHA mortgage insurance premiums will be lowered to .85 percent by the end of January 2015. Read the rest of this entry »
January 9th, 2015 categories: Buyers
With the start of 2015, many real estate experts are predicting that 2015 with be a strong year for real estate. With predicts of interest rates rising and new loan programs for first time home buyers, many are predicting that buyers who have been waiting on the sidelines will finally decide to buy.
After the housing market crash, buying a Knoxville home is slightly different than it used to be. Here are 3 ways buying a Knoxville home has changed for the better in 2015.
In 2015, Knoxville home buyers will have more loan options to buy a Knoxville home. In recent years, lenders had tightened restrictions, making it difficult for many buyers to buy. In addition, many first time home buyers had to meet high down payment requirements. Luckily, at the end of 2014, Freddie Mac and Fannie Mae announced a new 3% conventional loan for first time buyers. This would allow many first time home buyers to put as little as 3% down.
Buying a West Knoxville home is a big decision and can be completely overwhelming if you just jump right in. Prior to starting to search for a West Knoxville home for sale, there are a few very important decisions that need to be made. By asking yourself a few simple questions, you can determine what you need in a West Knoxville home and how much you want to buy.
How Much Do You Want To Spend?
There is a difference between how much you can afford in a West Knoxville home and how much you actually want to spend. You may be able to afford up to a certain amount, but that doesn’t necessarily mean that you personally want to spend that much. As a buyer, you need to determine how much you are comfortable spending each month on a mortgage. Based on that, a loan officer can give you an idea of how much you can spend on a home to be within that range. Just keep in mind the additional expense of owning a home like maintenance, homeowner’s association dues, and trash pickup. Read the rest of this entry »
January 5th, 2015 categories: General
Selling your Knoxville home isn’t always easy. While home showings are an essential part of selling your home, they can be disruptive and you must always be prepared for them. Here is how to survive home showings on your Knoxville home.
Keep It Clean
When your Knoxville home is for sale, showings can happen at anytime, sometimes with very little notice. This is why it is essential that your home is always ready of showings because there is nothing worse that trying to quickly scramble home before a showing to clean up the house really quick. Come up with a cleaning schedule and be sure to stick with it to make showings less stressful. Read the rest of this entry »
At the end of every year, people often wonder what the following year will hold. Here are a few predictions from Knoxville Home Team on what 2015 might mean for the Knoxville real estate market.
Knoxville Real Estate Market Prediction #1 – Interest Rates Will Rise
Over the past few years, buyers have enjoyed historically low interest rates. Unfortunately, in 2015, any buyer in the Knoxville real estate market will likely see an increase in mortgage interest rates. According to a recent market forecast by Freddie Mac, interest rates have been predicted to rise to somewhere in the 5.0% range versus where they have been recently in the 4.0% range. Interest rates are likely to inch up slowly in 2015, so if you want to take advantage of still low interest rates, consider buying a Knoxville home early in 2015.
Knoxville Real Estate Market Prediction #2 – Home Appreciate Rates Will Level Out
Over the past few years, the rate in which homes in Knoxville have been appreciating has been a little sporadic. In 2015, Freddie Mac has predicted that homes will appreciate at a more steady pace. Homes appreciated in 2013 at a rate of 9.3%, in 2014 at a rate of 4.5%, and are expected to appreciate at a rate of 3.0% in 2015. Read the rest of this entry »
Knoxville was named one of the best cities to retire by Livability.com. To compile the list, Livability ranked cities on the following criteria: health care, cost of living, recreational amenities, crime, walkability, taxes, age diversity, and social or emotional support services. Read on to find out why Knoxville ranked one of the best cities to retire.
This is the second year that Knoxville has appeared on the list of best cities to retire. In 2013, Knoxville was ranked #7 on the best cities to retire. This year Knoxville moved up the list #2. One of the main reasons Knoxville is ranked as one of the best cities to retire is due to its low cost of living. Compared to the rest of the nation, Knoxville has an extremely affordable cost of living and low unemployment rate. Tennessee is also one of the few states without a state income tax. Read the rest of this entry »
When it comes to selling your West Knoxville home, price is a very big determination in how quickly your home will sell. If the price isn’t right on a West Knoxville home for sale, it will not sell, it is as simple as that. Here are 3 pricing mistakes every seller makes and why they matter when selling your West Knoxville home.
Overpricing From The Start
Many sellers are guilty of overpricing their West Knoxville from the very start. This is a very common and easy mistake for West Knoxville sellers to make. As a seller, you take pride in your home, so it can be very easy to have your emotions take the best of you when it comes to pricing your home. Unfortunately, your home is only worth what a buyer is willing to pay for it. Overpricing your home can cause many West Knoxville buyers to skip over your home. In order to sell your home in the shortest amount of time possible and for the best price, it is helpful to see what homes are selling for in your area. A West Knoxville real estate agent can help provide you with the information to find a fair price for your home. Read the rest of this entry »