One of the most important financial considerations of buying a new home is the interest rate paid on the mortgage. Over time, a higher interest rate can add thousands of dollars to the true cost of buying the home. When interest rates are low or …
Real estate prices across the country have increased dramatically in the past year. With increases in the 10-12% range, many potential homebuyers have given up and decided that homes are just too expensive to consider. While homes have become more expensive, it does not mean …
It seems that everywhere you turn there are companies who advertise buying ugly houses. These messages offer to quickly buy any house, regardless of the condition. The problem is that their offers are often significantly below market value. If you’re a seller whose home needs …
Homebuyers who have a better credit history over a longer stretch of time than a shorter one may benefit by a change to the credit-scoring model used by Experian. Up until about 2016, mortgage lenders didn’t use trended credit data and didn’t differentiate between types …
Home-sharing services such as Airbnb, HomeAway and FlipKey can make turning your home into a money-making vacation rental easy. The sites hold payments from guests who are renting private rooms or entire homes. All the host has to do is provide a key and then …
There were 3,216 closings reported for the month of October, according to figures provided by Greater Nashville REALTORS®. This represents a 1.6 percent decrease from the 3,267 closings reported for October 2017. Year-to-date closings total 33,679 a 1.1 percent decrease compared to the 34,059 closings reported through October 2017. “Closings in October show …
Paying off your mortgage early and living mortgage-free so you can use the money for other things—such as travel and an early retirement—can sound like a pipe-dream that’s impossible to get to, but it doesn’t have to be. If you have a 30-year mortgage, there …
There were 3,194 closings during the month of December, according to figures provided by the Greater Nashville Association of REALTORS®. This is a 12.5 percent increase from the 2,838 closings reported for the same period in 2014.Fourth quarter closings are 8,621 for Greater Nashville. That total is a 3.5 percent increase from the …
Nashville’s housing market has rebounded stronger than anywhere else in the nation in the aftermath of the recession, according to a new study. Nashville’s median home price today is 11 percent higher than the peak values before the recession struck a net growth that’s the …
With multiple offers often going in the first day a home goes on the market, Realtors must be resourceful in getting their clients in the door first. After walking through the first house they looked at, first-time home buyers Megan and David Stricker followed their …
