General Category
Will Home Staging Help You Sell Your West Knoxville Home?
December 1st, 2011 categories: Buyers, General, Sellers, West Knoxville Neighborhoods
Are you considering selling your West Knoxville home? Have you considered having your home staged? Here are a few reasons why having your home staged may be a worthy investment, that could make your home sell faster and get your a better asking price.
- According to the National Association of Realtors, having your home staged can increase you asking price by 1% to 3%, which would increase your return anywhere from 8% to 10%.
- A professional stager can see your home in a more objective light. A professional stager can de-clutter and organize a home more objectively than the average seller. They can make quick, simple fixes that will make your home more marketable and appealing to potential buyers. A little organizing can go a long way. Read the rest of this entry »
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Presidential Candidates Blasted for Views on Housing
November 30th, 2011 categories: General, Knoxville Short Sales, Market Trends
In a recent blog post, CNBC’s Diana Olick slams the Republican presidential candidates’ plans for solving the nation’s housing crisis.
Political beliefs aside, Olick makes some astute observations regarding the bank’s preferences for short sales over foreclosures and the important role that Fannie Mae and Freddie Mac play in keeping the market liquid.
Given the major impact housing has on the overall U.S. economy, it’s vital that our political leaders have a thorough understanding of these issues.
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West Knoxville Home Values Are You Using Fuzzy Math?
November 29th, 2011 categories: Buyers, Existing Home Sales, General, Market Trends, Sellers, West Knoxville Neighborhoods
With the internet it has made it alot easier to search for homes and obtain information about properties. I was reading an interest article in Smart Money about people obtaining property values on homes on line. The article went to say that 
big national sites like Zillow and Trulia people were putting alot of faith in the values they find on these sites. But come to find out alot of the data you find on housing values can be all over the board being maybe too high or too low.
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Knoxville Short Sale or Foreclosure Which Is Easier To Buy Part 3
November 27th, 2011 categories: Buyers, General, Knoxville Short Sales, Market Trends
We have been talking about getting a “deal” on a Knoxville Area Home. In my post 1 we talked about a short sale and post 2 we talked about a foreclosure from a local lender. Both of these buyers were involved in multiply offer situations and because they had patience they ended up buying their “Knoxville Deal” just because they hung in there with me. I find that many of these distressed property sales many times end up selling to the second buyer because the first buyer for whatever reason just walked away. If you do find a home you want to buy but end up losing out to some else hang in there with it. Continue to look at homes but stay up to date on the progress of the first home. Sometimes things do work out for you.
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Knoxville Short Sale or Foreclosure Which Is Easier To Buy Part 2
November 27th, 2011 categories: Buyers, General, Knoxville Short Sales, Market Trends, West Knoxville Neighborhoods
I have been sharing with you tips and tricks in order to get “Your Deal” on a home in Knoxville. One thing that is common in getting a deal is having patience. It doesn’t matter is it is A Knoxville Short Sale or foreclosure. I explained this to all 
my buyers and the ones that hang in there always end up doing very well on their purchase.
I recently sold a local banked owned home at 1504 Lakeshire in West Knoxville. This home was a foreclosure by a local lender that needed a great deal of work. But instead of putting the home on the market in terrible condition. The lender decided to put some money into the home and update it so it would compete successfully when they put it on the market.
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Deed Restrictions: What You Need To Know
November 18th, 2011 categories: Buyers, General, West Knoxville Neighborhoods
Once you’ve found that perfect West Knoxville home, something such as you new West Knoxville neighborhood’s deed restrictions can be easily overlooked if not forgotten. After all, buying a home in West Knoxville is enough of a process in itself. You’ve looked at countless houses, maybe made a few offers and counteroffers, going through the loan application process, and are in the process of moving. What is the importance of deed restrictions anyhow?
For the Sardo family of Houston, Texas, the deed restrictions in their neighborhood are making all the difference for their beloved family pet, Wilbur. Wilbur is a potbelly pig, who has his own webpage and Facebook Page that has over 5,000 followers. So, what is the cause of concern for this family and their beloved pig? The Homeowner’s Association is saying that having a pig, which they consider to be livestock, is against the neighborhoods deed restrictions and that the Sardo’s pet pig would need to find a new home.
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Montgomery Cove And Mallard Bay How Are The Prices?
November 17th, 2011 categories: Buyers, General, Market Trends, Sellers, West Knoxville Neighborhoods
I recently was on an appointment in Montgomery Cove with one of my clients who is trying to decide on whether they want to sell their current home and move or just refinance. Montgomery Cove and Mallard Bay are two similar waterfront communities in the Farragut area in West Knoxville. What you have to be careful of when pricing a home for a seller is comparing apples with apples. You have some very large waterfront homes that sell for over one million dollars then you have homes on the interior lots. Many of the interior lot homes do have basements which can add a great deal of sq. ft to these homes. So you just need to analysis the comparable homes that have sold in the last year to really determine the value of the home you will be selling.
I always go back a couple of years to try and determine trends that are occurring in the Farragut market. Are homes prices falling, stable , how long is it taking to sell etc so I can better advise a client on pricing.
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Will You Sell Your West Knoxville Home After 2012?
November 9th, 2011 categories: General, Real Estate Taxes, Sellers, Tax Tips
Are you considering selling your West Knoxville home? Would you rethink your decision if you knew after 2012 there would be a 3.8% sales tax on it? Under the new Health Insurance Reform, a 3.8% sales tax would be applied to some people who sell their homes starting on January 1, 2013.
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West Knoxville Home for Sale: Renovated Home on Fox Den Golf Course
November 3rd, 2011 categories: Buyers, General, Market Trends, Sellers
Located in Fox Den, this West Knoxville home for sale has beautiful golf course views of the Fox Den Gulf Course, and has recently undergone renovations. This West Knoxville House of the Week is located at 609 Crippled Mule Point, off of Smith Road, near Kingston Pike.
List Price: $470,000
Details: 4 Bedrooms, 2.5 Bathes, 1 Bonus Room
This Fox Den home for sale has a peaceful setting on the gulf course, near the 12th, 13th, and 14th links. Potential buyers will enjoy its quiet screened in porch and pool area. The main level of the house has beautiful, walnut hardwood floors. The kitchen was recently renovated with granite countertops. It also has stainless steel appliances, include a large refrigerator and dual ovens. The master suite is located on the second floor. It has two large walk-in closets and a large bathroom. Also, on the second floor, there is a spacious bonus room with built in shelves.
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Knoxville Real Estate Deal What’s Yours?
November 2nd, 2011 categories: Buyers, General, Market Trends, Mortgage Rates, Sellers
It seems like every buyer I work with today one of the first things they tell me is “I want to get a deal” or “I want to steal
a home and get a really great price”….So I started turning the question around to them and asking them What do you mean you want to get a deal? What does getting a good deal mean to you?
I tell them everyone has a different definition on what a deal means to them. I want to know what it means to you so we can try and accomplish that goal together. Then I just sit back and listen and ask questions so I can better understand my buyers needs. Since I started doing this it is amazing what people consider to be a deal or value to them. But that is why it is important to find out what my buyers are wanting in a home so I can better understand their wants needs and desires in a home.
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