If you make under $30,000 a yr. did you know that you may be eligible for a 100% financed loan? That means no down payment! You may also be able to get a 1% interest rate!!! Stop paying rent and throwing your money away!!
Call or E-mail Me Today for More Information and How to Get Started!!!
EMILY LEE 606-499-7836
www.EmilyLeeRealty.com
Thursday, January 28, 2010
Wednesday, January 27, 2010
Ten Inexpensive Ways to Wow Buyers
Now is the time for home owners contemplating a spring sale to spruce up their properties in anticipation of what Mike Larson of Weiss Research calls a potentially vibrant home-selling season. "If you have been beating your head against a wall, this is going to feel a lot better,” he jokes.Here are 10 cheap ways to make a property more attractive to shoppers.1.Improve first impressions. Touch up the paint on the front door and other areas that buyers see first.
2.Clean up the landscaping. Trim the hedges and trees and plant some annuals in the flowerbeds.
3.Paint the interior. A coat of light yellow or cream with contrasting white woodwork looks fresh and clean.
4.Refurbish the floors. Buff the hardwoods. Install new carpets – or at least get them professionally cleaned.
5.Take care of the big problems. If the house needs a roof or the front stoop is crumbling, get them fixed.
6.Buy warranties. Putting appliances under warranty gives home buyers a secure feeling.
7.Improve energy efficiency. New windows or improved insulation tell a potential buyer the seller is on top of things plus they come with tax benefits.
8.Replace light fixtures. Updated fixtures, especially at the entrance way and in the foyer, create a good first impression.
9.Buy a stove. Home owners whose kitchen isn’t top of the line can jazz it up for a few hundred dollars by buying a new stove, which gives the room a fresh feel.
10.Tidy up the bathrooms. Get rid of mildew, replace caulking and replace stained sinks.
Source: U.S. News & World Report, Luke Mullins (01/21/2010)
Tuesday, January 26, 2010
5 Things to do Before Putting Your Home on the Market
1.Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don’t plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.
4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.
5. Spruce up the curb appeal. Pretend you’re a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?
Provided by Realtor.com
Thursday, January 21, 2010
Mark Your Calendar
MAY 8 – Walk for the Claiborne County Animal Shelter
The Realty Group is sponsering a walk-a-thon in Tazewell, TN to raise money for the newly/still in construction Animal Shelter. If you would like to participate in the walk-a-thon or donate money/prizes just let me know!
Click here to vist the Claiborne County Animal Shelter
Job 12:7-10:
But ask the animals, and they will teach you; or birds of the air and they will tell you; or speak to the earth and it will teach you; or let the fish of the sea inform you. Which of all these does not know that the hand of the lord has done this. In his hand is the life of every creature and the breath of all
mankind.
mankind.
Wednesday, January 20, 2010
7 Tips for First Time Home Buyers
1. Look up local listings to see what price range houses are going for. Follow this link to Realtor.com.
2. Check to see if you can afford a monthly payment by using a mortgage calculator. Follow this link to a mortgage calculator.
3. To see if you can afford this mortgage payment use an affordability calculator. Follow this link to an affordability calculator.
4. Find a buyers agent to represent you. You will need help you through your home search, the ins and outs of finding something in your budget that suits your needs, going through the offer, inspection and closing steps that are involved. If you don't get a buyers agent to represent you the agent is automatically working for the seller.
5. Get pre-approved!!! Never start out your search not knowing if you can even get a loan or not, this will also make your offer to a seller more appealing.
6. Start saving!!! The more earnest money you can put down on a contract the more serious your offer will seem to a seller.
7. Ask about title insurance fees, survey charges, escrow fees, and loan origination fees, all of this may be due at closing so it’s good to know ahead of time what you’ll be paying for.
2. Check to see if you can afford a monthly payment by using a mortgage calculator. Follow this link to a mortgage calculator.
3. To see if you can afford this mortgage payment use an affordability calculator. Follow this link to an affordability calculator.
4. Find a buyers agent to represent you. You will need help you through your home search, the ins and outs of finding something in your budget that suits your needs, going through the offer, inspection and closing steps that are involved. If you don't get a buyers agent to represent you the agent is automatically working for the seller.
5. Get pre-approved!!! Never start out your search not knowing if you can even get a loan or not, this will also make your offer to a seller more appealing.
6. Start saving!!! The more earnest money you can put down on a contract the more serious your offer will seem to a seller.
7. Ask about title insurance fees, survey charges, escrow fees, and loan origination fees, all of this may be due at closing so it’s good to know ahead of time what you’ll be paying for.
Tuesday, January 19, 2010
5 Common First Time Home Buyer Mistakes
First time home buyers, more commonly known as “property virgins”, are characterized for having unrealistic expectations on buying real estate.
They want everything for a next to nothing price.
The average first time home buyers are ages 24-34 and this is the first real investment they have ever made.
Now with the market leaning more in their favor, opening the door to many who 3 years ago could never have afforded a home, they face a new struggle of competing against investors on getting that great deal on a house.
Investors have spent more time researching the market, have more money to put down and don't take as long to make a decision on to buy or not to buy.
Below I have attached a list of the 5 most common mistakes first time home buyers make, provided by Real Estate Checklists and Systems.
To help you avoid making a "property virgin" mistake call a local Realtor.
To contact me: e-mail EmilyLeeRealty@yahoo.com or call 606-499-7836
5 Common First Time Home Buyer Mistakes
1. They don’t ask enough questions of their lender and end up missing out on the best deal.
2. They don’t act quickly enough to make a decision and someone else buys the house.
3. They don’t find the right agent who’s willing to help them through the home buying process.
4. They don’t do enough to make their offer look appealing to a seller.
5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Source: Real Estate Checklists and Systems
Click here to visit my personal website
They want everything for a next to nothing price.
The average first time home buyers are ages 24-34 and this is the first real investment they have ever made.
Now with the market leaning more in their favor, opening the door to many who 3 years ago could never have afforded a home, they face a new struggle of competing against investors on getting that great deal on a house.
Investors have spent more time researching the market, have more money to put down and don't take as long to make a decision on to buy or not to buy.
Below I have attached a list of the 5 most common mistakes first time home buyers make, provided by Real Estate Checklists and Systems.
To help you avoid making a "property virgin" mistake call a local Realtor.
To contact me: e-mail EmilyLeeRealty@yahoo.com or call 606-499-7836
5 Common First Time Home Buyer Mistakes
1. They don’t ask enough questions of their lender and end up missing out on the best deal.
2. They don’t act quickly enough to make a decision and someone else buys the house.
3. They don’t find the right agent who’s willing to help them through the home buying process.
4. They don’t do enough to make their offer look appealing to a seller.
5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Source: Real Estate Checklists and Systems
Click here to visit my personal website
Monday, January 18, 2010
Measuring The Benefits Of Home Ownership
Thinking about getting into Home Ownership???? Now is the best time to jump into this lifelong investment! With the first time homeowner’s tax credit of $8,000 and the market back on the rise…. all waiting around will get you is a larger mortgage payment…..
Why should you buy?
When you purchase a home instead of rent you are making an investment into your future, whereas with renting you are just giving someone else your money. When you own a home you can deduct your mortgage loan interest cost from you federal income taxes and your property taxes as well.
How can you get a loan if you can’t afford a large down-payment or have bad credit?
There are many federal mortgage programs that offer loans to people just like you! They offer low down payments or even 100% financing with low monthly payments.
Can you afford a mortgage payment if you’re a single parent?
YES!!! The government offers homeownership grants or special programs to single parents just like you! The key is getting with an agent and getting pre-qualified before you start your home search.
What is the first thing you should do when you’re thinking about home ownership?
Contact a local Realtor!!! They can lead you in the right direction from Step 1 until closing day. Chose a realtor who has your best interest at heart and are willing to help you work through all the steps from getting pre-qualified to choosing the right home for you. To contact me :
send me an e-mail at EmilyLeeRealty@yahoo.com or call me at (606) 499-7836
Below I have attached a link to a article that contains a wealth of information to those considering buying a home, Check it Out!
Measuring The Benefits Of Home Ownership
Why should you buy?
When you purchase a home instead of rent you are making an investment into your future, whereas with renting you are just giving someone else your money. When you own a home you can deduct your mortgage loan interest cost from you federal income taxes and your property taxes as well.
How can you get a loan if you can’t afford a large down-payment or have bad credit?
There are many federal mortgage programs that offer loans to people just like you! They offer low down payments or even 100% financing with low monthly payments.
Can you afford a mortgage payment if you’re a single parent?
YES!!! The government offers homeownership grants or special programs to single parents just like you! The key is getting with an agent and getting pre-qualified before you start your home search.
What is the first thing you should do when you’re thinking about home ownership?
Contact a local Realtor!!! They can lead you in the right direction from Step 1 until closing day. Chose a realtor who has your best interest at heart and are willing to help you work through all the steps from getting pre-qualified to choosing the right home for you. To contact me :
send me an e-mail at EmilyLeeRealty@yahoo.com or call me at (606) 499-7836
Below I have attached a link to a article that contains a wealth of information to those considering buying a home, Check it Out!
Measuring The Benefits Of Home Ownership
Friday, January 15, 2010
ZipRealty Reports Inventory Declines
ZipRealty Reports Inventory Declines
ZipRealty reported that the number of homes for sale nationwide declined by nearly 5 percent in December. Markets with the largest inventory declines compared to November included Boston, down 13.3 percent; San Francisco Bay Area, down 12.1 percent; Denver, down 9.2 percent; Minneapolis-St. Paul, down 9 percent; and Seattle, down 7.9 percent.The data was compiled from multiple listing services in the markets where the real estate brokerage does business."Seasonality and the heavy activity by first-time home buyers in October and November, who were rushing to take advantage of the tax credit, impacted housing inventory in December," ZipRealty CEO Patrick Lashinsky said in a statement.
Source: Reuters News, Julie Haviv (01/13/2010)
ZipRealty reported that the number of homes for sale nationwide declined by nearly 5 percent in December. Markets with the largest inventory declines compared to November included Boston, down 13.3 percent; San Francisco Bay Area, down 12.1 percent; Denver, down 9.2 percent; Minneapolis-St. Paul, down 9 percent; and Seattle, down 7.9 percent.The data was compiled from multiple listing services in the markets where the real estate brokerage does business."Seasonality and the heavy activity by first-time home buyers in October and November, who were rushing to take advantage of the tax credit, impacted housing inventory in December," ZipRealty CEO Patrick Lashinsky said in a statement.
Source: Reuters News, Julie Haviv (01/13/2010)
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