Skip to content
notebook with pencil and words Quick Tips

Say What? Real Estate Terms (Part 2)

Closing Closing (also referred to as completion, escrow, or settlement) is the final step in executing a real estate transaction.  The closing date is set during the negotiation phase, and is usually several weeks or months after the offer is accepted by all parties. On the closing date, the ownership of the property is transferred to the buyer. In most jurisdictions, ownership is…

Read More
notebook with pencil and words Quick Tips

Say What? Real Estate Terms (Part 1)

Effective Date The date that the last party signed or initialed any terms and/or changes in the sales contract. This is frequently the date that starts the clock on the contract’s various deadlines. Disclosures These are conditions and facts seller has to tell a prospective buyer about the house.Responsible sellers err on the side of…

Read More
Middle Tennessee Discount Realtor photo of USA capitol

FEMA Changes Encourage Private Flood Insurance

From: Realtor Magazine In the absence of legislative reform by Congress, there’s only so much the Federal Emergency Management Agency can do to encourage the growth of private flood insurance. But FEMA, which oversees federal flood insurance, has come up with a few small but meaningful program changes that will make it easier for households…

Read More
Home buyer trends

Home Buyer Trends

Condensed from: Hot housing market: home buyers are spending more than expected Home buyers are busting budgets — and in some cases selling things they love — to snag their dream houses. A third of home buyers blew through the upper limit of what they planned to spend, topping that cap by an average $16,510,…

Read More
Is downsizing right for me

Is Downsizing Right For Me?

Condensed from: Downsizing your home: How to determine if a smaller house is the right move According to a recent TD Ameritrade Survey, 42 percent of pre-retirees are likely to downsize if they haven’t done so already. Some 25 percent of respondents are moving to a warmer climate, and 17 percent are relocating closer to loved…

Read More
Is downsizing right for me

Mold. How Serious Is It Really?

Many people actually live in a home with mold and never realize it’s there. They ignore the warning signs until the problem reaches a point where the mold is affecting their health.Mold can trigger allergies, headaches, rashes, and asthma attacks, according to the Mayo Clinic. Certain types of mold can even cause brain infections and…

Read More
Home buyer trends

Middle TN Homes Sales Slightly Down for February 2018

Condensed from Greater Nashville Realtors, March 7, 2018   NASHVILLE, Tenn. – There were 2,466 home closings reported for the month of February, according to data provided by Greater Nashville REALTORS®. This represents a decrease of 1.6 percent from the 2,507 closings reported in February 2017. Year-to-date closings through February 2018 are 4,764, a 3.1 percent decrease from the 4,918 closings reported through February…

Read More
notebook with pencil and words Quick Tips

Pre-Approved or Pre-Qualified? Does it Really Matter?

By Brian O’Connell November 14, 2017 The future belongs to those who prepare for it, American essayist Ralph Waldo Emerson once said. Sage advice for homebuyers. Unfortunately, without proper preparation, many buyers get lulled into the mistaken notion that if a lender pre-qualifies them for a mortgage, it means that they have been pre-approved for the home loan. There’s a world of difference…

Read More
Is downsizing right for me

Agents Promise to Buy Your Home… Gimmick or Good?

We have all heard it… Agents promising to buy your house if they don’t sell it. Sounds almost too good to be true right? Let’s jump straight to the conclusions and then explain:• There is lots of fine print to the guarantee. Many agents offer the guarantee. Most agents never end up buying houses because…

Read More
notebook with pencil and words Quick Tips

Bring in More Light After Daylight Saving Time

With the Daylight Saving Time change taking affect, your home gets darker faster.  And prospective home buyers don’t want to view a dark home for sale.   Here are a few tips to brighten things up a bit… Paint it light and bright The amazing thing about white and light colors is that they reflect most…

Read More