Creatively Bridging the Gap Between Buyer and Seller

Rent-to-Own Memphis, TN.

Rent-to-Own Memphis

Rent-to-Own Memphis, TN. Beautiful 4bd/3bath home on corner lot with large fenced back yard. Primary and 1 other bedroom down. Home has large bonus room and separate dining room. Hardwood floors up and down, no carpet.

Read More

Rent to Own in Cordova, TN.

Rent to Own

Rent to Own in Cordova, TN. Updated 4 bedroom or 3 bedroom plus bonus home with 2 1/2 baths plus formal dining room, large great room and laundry room. Updates include fresh interior paint, new light fixtures, hardwood floors in the living area and tile in kitchen and baths.

Read More

First-Time Buyers are Gravitating Toward Smaller Homes

first-time buyersFirst-time buyers are gravitating toward smaller packages, according to the National Association of Home Builders (NAHB).

The Association recently released the NAHB Home Builder Preferences Survey indicating that smaller homes are selling well. Primarily to first-time buyers, such as the latest cohort – the millennials. The home builders interviewed for the report suggest that many people now prefer to purchase small. And U.S. Census Bureau figures support that position. The average home built in 2016 was 2,634 sq. ft., down from 2,689 sq. ft. in 2015.

Read More

Remodeling in the Fall? Don’t Start Without Reading This

remodelingRemodeling in the Fall? There are a few things that should be considered. As temperatures cool down, and we prepare for a season of shorter, darker days, it’s time to think about the inside of your home – how to make it as glorious on gloomy days as it was during the brilliant sunshine of summer. Oh good: Projects!

But wait. Don’t let the excitement of remodeling your home get in the way of proper planning. Rushing your project list can lead to unnecessary spending and less-than-thrilling final results. Here’s what you need to consider before picking up a hammer or swiping a credit card:

Read More

Second Mortgages: Make Your Dreams Happen – Carefully

second mortgagesSecond mortgages as defined by RateHub are “additional loans taken out on a property that is already mortgaged.” Sounds risky – and indeed second mortgages come with plenty of risks. But they also come with rewards.

There are two major kinds of second mortgages. The home equity line of credit (HELOC) has a variable interest rate and acts much like a credit card. It allows you to withdraw the cash you need, when you need it. And the fixed-rate home equity loan allows you to borrow a lump sum and make set monthly payments.

Read More

Home Buyers Guide to Survival in a Competitive Market

home buyersHome buyers can easily become discouraged once serious house hunting begins. In hot real estate markets, buying a property may feel like a nearly impossible feat. Skyrocketing prices, low inventory, and bidding wars can make a prospective buyer feel dejected.

But becoming a homeowner in hot cities can happen, if you employ the right techniques. A recent article in RISMedia outlines tactics for home buyers to use when shopping for a home.

Read More

Credit Score Maintenance: 5 Tips to Identify and Address Problems with your Credit Score

credit scoreCredit score health means everything when it’s time to purchase a home. Fortunately there are things you can do ahead of time to assure that something as basic as your credit won’t stand in the way of you and your home purchase. Your credit – including ensuring credit reports are correct, knowing your credit score, and acting to improve it – is among the most confusing topics related to personal finance. Yet it’s extremely important – particularly if you’re planning to buy a house, and especially if you’re a first-time buyer. Your credit is one of the first things a lender will look at when you apply for a mortgage.

Read More

Seller Financing: What Are The Advantages?

seller financingSeller Financing, also known as owner financing, is growing in popularity in today’s economy.  With the credit markets slowing down and people finding it harder and harder to borrow, seller financing is looking better and better as an alternative to traditional financing. Seller financing is when the seller of the property basically agrees to take payments rather than a lump sum.

Read More