SELLER RESOURCES ARTICLES

2024 Trends for Buying and Selling Homes

The trends for buying and selling homes in 2024 indicate a housing market that may be more favorable for buyers than in recent years but with several complexities and uncertainties. Expert realtor Susan Gregory has some of the key trends to keep an eye on this year. Mortgage Rates Experts predict a general trend of…

Appraisals & Market Value

What is the difference between market value and appraised value? The appraised value of a house is a certified appraiser’s opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process. Market value is what price the house will bring at a given…

Buying a New Construction Home Vs. an Existing Home

Buying a new construction home and buying an existing home each come with their own set of advantages and disadvantages. The choice between the two depends on your preferences, budget, and specific circumstances. Here are some pros and cons of each option. Buying New Construction Pros Customization: Depending on what point you purchase the home,…

Common Q&A About Selling Your Home

Should I add on or buy a bigger home? Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house: * How much money is available, either from cash reserves or through a home improvement loan, to remodel the current house? *…

Disclosure

Whose obligation is it to disclose pertinent information about a property? In most states, it is the seller, but obligations to disclose information about a property vary. Under the strictest laws, you and your agent, if you have one, are required to disclose all facts materially affecting the value or desirability of the property which…

Helping Sellers Navigate the Current Housing Market

The Middle Tennessee housing market is on fire right now with houses selling fast and oftentimes for more than asking price. In fact, homebuyers are outpacing available houses for sale across the country. This housing shortage means we are living in a seller’s market. But that doesn’t mean you should try to navigate the current…

Negotiating

Is there a secret to good negotiating? There are several cardinal rules to negotiating effectively. One is do your homework, and learn as much about the seller or the buyer as you can. Another is to play your cards close to your vest and not reveal too much information to the other party or their…

Preparing Your Home For Sale ~ All The Steps You Need to Take!

You’ve decided to list your home for sale. Congratulations on this huge first step! But what comes next? Whether this is your first time selling a home or you’ve been through the process before, it can still be overwhelming to prepare your home for sale.  To help you organize your to-do list, expert Nashville area…

Pricing the House to Sell

What is the difference between list and sales prices? The list price is how much a house is advertised for and is usually only an estimate of what a seller would like to get for the property. The sales price is the amount a property actually sells for. It may be the same as the…

Property Taxes For Sellers

Where can I learn more about appealing my property taxes? Contact your local tax assessor’s office to see what procedures to follow to appeal your property tax assessment. You may be able to appeal your assessment informally.  Mostly likely, however, you will have to go through a formal tax-appeal processes, which begin with an appeal…

Seller Financing

What is seller financing? Seller financing is when a seller helps to finance a real estate transaction by taking back a second note, or even financing the entire purchase if the seller owns the home free and clear. Usually sellers do this when a buyer has difficulty qualifying for a conventional loan or meeting the…

Selling at a Loss

Can a home seller sell a home for less than its mortgage? Yes, in some case you can sell your home for less than what you still owe on the mortgage, but this is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to…

Short Sales

When does foreclosure begin? Lenders will initiate foreclosure proceedings when borrowers become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the borrower in writing that he or she is in default. The lender can request a trustee’s sale or a judicial foreclosure, in which the property is…

The Complete Guide To Selling Your Home

Ready to sell your home? Let’s talk about the things you need to do today to set your home up for a quick, successful sale. Whether you’re in a hot market, or things have cooled off locally, these steps will keep you on track and position your home for the right buyer.  1. Work With…

What Is Escrow?

An escrow is a legal agreement in which a third party controls money or assets until the other two parties have met specific conditions for the assets to be used. These accounts serve to protect buyers and sellers in financial transactions.  Escrow is a risk reduction method and provides parties involved peace of mind that…

2024 Trends for Buying and Selling Homes

The trends for buying and selling homes in 2024 indicate a housing market that may be more favorable for buyers than in recent years but with several complexities and uncertainties. Expert realtor Susan Gregory has some of the key trends to keep an eye on this year. Mortgage Rates Experts predict a general trend of…

Appraisals & Market Value

What is the difference between market value and appraised value? The appraised value of a house is a certified appraiser’s opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process. Market value is what price the house will bring at a given…

Buying a New Construction Home Vs. an Existing Home

Buying a new construction home and buying an existing home each come with their own set of advantages and disadvantages. The choice between the two depends on your preferences, budget, and specific circumstances. Here are some pros and cons of each option. Buying New Construction Pros Customization: Depending on what point you purchase the home,…

Common Q&A About Selling Your Home

Should I add on or buy a bigger home? Consider these questions before making a choice between adding on to an existing home or moving up in the market to a bigger house: * How much money is available, either from cash reserves or through a home improvement loan, to remodel the current house? *…

Disclosure

Whose obligation is it to disclose pertinent information about a property? In most states, it is the seller, but obligations to disclose information about a property vary. Under the strictest laws, you and your agent, if you have one, are required to disclose all facts materially affecting the value or desirability of the property which…

Helping Sellers Navigate the Current Housing Market

The Middle Tennessee housing market is on fire right now with houses selling fast and oftentimes for more than asking price. In fact, homebuyers are outpacing available houses for sale across the country. This housing shortage means we are living in a seller’s market. But that doesn’t mean you should try to navigate the current…

Negotiating

Is there a secret to good negotiating? There are several cardinal rules to negotiating effectively. One is do your homework, and learn as much about the seller or the buyer as you can. Another is to play your cards close to your vest and not reveal too much information to the other party or their…

Preparing Your Home For Sale ~ All The Steps You Need to Take!

You’ve decided to list your home for sale. Congratulations on this huge first step! But what comes next? Whether this is your first time selling a home or you’ve been through the process before, it can still be overwhelming to prepare your home for sale.  To help you organize your to-do list, expert Nashville area…

Pricing the House to Sell

What is the difference between list and sales prices? The list price is how much a house is advertised for and is usually only an estimate of what a seller would like to get for the property. The sales price is the amount a property actually sells for. It may be the same as the…

Property Taxes For Sellers

Where can I learn more about appealing my property taxes? Contact your local tax assessor’s office to see what procedures to follow to appeal your property tax assessment. You may be able to appeal your assessment informally.  Mostly likely, however, you will have to go through a formal tax-appeal processes, which begin with an appeal…

Seller Financing

What is seller financing? Seller financing is when a seller helps to finance a real estate transaction by taking back a second note, or even financing the entire purchase if the seller owns the home free and clear. Usually sellers do this when a buyer has difficulty qualifying for a conventional loan or meeting the…

Selling at a Loss

Can a home seller sell a home for less than its mortgage? Yes, in some case you can sell your home for less than what you still owe on the mortgage, but this is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to…

Short Sales

When does foreclosure begin? Lenders will initiate foreclosure proceedings when borrowers become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the borrower in writing that he or she is in default. The lender can request a trustee’s sale or a judicial foreclosure, in which the property is…

The Complete Guide To Selling Your Home

Ready to sell your home? Let’s talk about the things you need to do today to set your home up for a quick, successful sale. Whether you’re in a hot market, or things have cooled off locally, these steps will keep you on track and position your home for the right buyer.  1. Work With…

What Is Escrow?

An escrow is a legal agreement in which a third party controls money or assets until the other two parties have met specific conditions for the assets to be used. These accounts serve to protect buyers and sellers in financial transactions.  Escrow is a risk reduction method and provides parties involved peace of mind that…