Wednesday, February 12, 2025 / by Arial Moses
If you're planning to sell your home in Knoxville or the surrounding areas, one of the best ways to attract buyers and get top dollar is through home staging. Staging helps potential buyers visualize themselves living in the space, making your home more appealing and marketable. Whether you're selling a cozy bungalow in Fountain City or a luxury home in Farragut, here’s how you can make your home stand out.
1. First Impressions Matter: Curb Appeal
Before buyers even step inside, they’ll form an opinion based on your home’s exterior. Boost your curb appeal with these simple updates:
Freshen up landscaping with trimmed bushes and seasonal flowers.
Pressure wash the driveway, sidewalks, and siding.
Repaint or update your front door for a welcoming touch.
Ensure outdoor lighting is functional and inviting.
2. Declutter and Depersonalize
Buyers need to picture themselves in the home, not be distracted by personal items or clutter. Keep things minimal with! ...
Read More
Monday, February 10, 2025 / by Arial Moses
If you're thinking about buying a home in Knoxville or the surrounding areas this year, you might be wondering: Is now the right time to buy? With interest rates, home prices, and inventory constantly shifting, navigating the housing market can feel overwhelming. But don’t worry—we’re here to break down the key factors that matter most to buyers in East Tennessee right now.
1. Interest Rates: Will They Drop?
Mortgage rates have been a hot topic over the past few years. While rates are still higher than they were during the record lows of 2020-2021, experts predict we may see slight decreases throughout 2025. This means if you’re waiting for the “perfect” time to buy, it’s important to balance waiting for lower rates with the reality that home prices may continue to rise.
What You Can Do:
Get pre-approved now so you're ready to move when the right home becomes available.
Consider rate buy-down options or adjustable-rate mortgages (ARMs)! ...
Read More
Thursday, January 9, 2025 / by Arial Moses
Buying a home is an exciting milestone, but understanding the costs involved can feel overwhelming. The good news? It doesn’t have to be! By getting familiar with the expenses you may encounter upfront, you’ll feel more in control of the process. Here’s what experts say you should plan for:
1. Down Payment
One of the first things that comes to mind when buying a home is the down payment. Many believe you need 20% of the purchase price, but that’s not always the case. Depending on your loan type, you may only need 3.5% or even 0% down.
As The Mortgage Reports explains:
“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals. If you don’t have a large down payment saved up, don’t worry—there are plenty of options available.”
A trusted lender can help you explore your loan options and even introduce you to down payment assistance programs. By working with a profess. ...
Read More
Thursday, December 19, 2024 / by Arial Moses
Purchasing a home during the winter season offers several distinct advantages that can make the process more favorable for buyers. Here are some key benefits to consider:
1. Motivated Sellers
Homeowners who list their properties in winter often have compelling reasons to sell, such as job relocations or life changes. This urgency can lead to more flexible negotiations and potentially better deals for buyers.
2. Less Competition
The housing market typically sees a slowdown during winter months, resulting in fewer buyers. This reduced competition means you're less likely to encounter bidding wars, increasing your chances of securing your desired home.
3. Faster Transactions
With fewer real estate transactions occurring in winter, professionals like agents, lenders, and inspectors have more availability. This can expedite the home-buying process, allowing for quicker closings.
4. Realistic Pricing
Sellers listing in winter are often more realistic about pricing, aimi ...
Read More