Category Archives: Real Estate News

The best kept secrets for selling your Knoxville home

The best kept secrets for selling your Knoxville homeKeep your pets out of sight! You might think your cuddly dogie would warm the hearts of potential buyers, but you’d be wrong. Not everybody is a dog- or cat-lover. Buyers don’t want to walk in your Knoxville home and see a bowl full of dog food, smell the kitty litter box or have tufts of pet hair stuck to their clothes. It will give buyers the impression that your house is not clean. If you’re planning an open house, send the critters to a pet hotel for the day.

I will be happy to help you see your home and give you the personal service you deserve!

Call Christian Ousley at 865-407-5663

Realty Executives Associates
865-693-3232 office
10255 Kingston Pike
Knoxville, Tn 37922

Each office is independently owned and operated

What are the Seven Hottest Home Improvements for 2016?

 

10 hottest improvements  in real estate

1. Quartz Counter tops
2. Smart Home Features
3. Stainless Steel Appliances
4. Fire Pits
5. Wine Tasting Rooms
6. Outdoor Kitchens
7. Freestanding Tubs

If you are looking to buy your new dream home or sell your existing home I will be happy to help and give you the personal service you deserve!

Call Christian Ousley at 865-407-5663

Realty Executives Associates
865-693-3232 office
10255 Kingston Pike
Knoxville, Tn 37922

Each office is independently owned and operated

Six Reasons You Should Get Pre-Approved For A Mortgage

Six Reasons You Should Get Pre-Approved For A Mortgage

1. Without it, most agents won’t work with you.

Makes sense, too. Right? Think about it: when you hire an agent, he/she will invest countless hours showing you homes over the course of your house hunt. If you were in their shoes, wouldn’t you want assurance that your hard work would lead to a favorable outcome for both you and your client?

2. You’ll know how much house you can afford.

Getting pre-approved before you begin house hunting allows you to know how much house you can realistically afford. Knowing this narrows down the options and makes the selection process more efficient. Not to mention, it protects you from the unpleasant surprise of realizing the home you fell in love with doesn’t fit your budget.

3. It adds clout to your offer.

In many markets, homes attract more than one offer. If the sellers are weighing one offer against another, they may lean towards the one accompanied by a pre-approval letter. That’s because pre-approvals instill confidence that the buyer is financially capable of purchasing their home

4. It could increase your negotiating power.

In addition to strengthening your offer when compared to buyers who haven’t taken this step, getting pre-approved may give you the upper-hand when negotiating the price. If the homeowner is eager to sell, they may be more willing to accept a lower offer from someone they’ve been assured is financially capable of purchasing their home.

5. It saves time.

Obtaining a mortgage is a lengthy process. Getting pre-approved ahead of time shortens the time between contract to close — this way you’re ready to proceed with finalizing the mortgage once you’ve found the home you want to purchase.

6. It carries more weight than a “pre-qualification”.

A pre-approval differs from a pre-qualification. With the former, the lender has actually checked your credit and verified your documentation to approve a specific loan amount (usually for a particular time period such as 30, 60 or 90 days). A pre-qualification can be useful as an estimate of how much you can afford to spend on your home, but it’s a less accurate indicator of your ability to purchase. A pre-approval always carries more weight.

I will be happy to help you sell or buy your home and give you the personal service you deserve!

Call Christian Ousley at 865-407-5663

Realty Executives Associates
865-693-3232 office
10255 Kingston Pike
Knoxville, Tn 37922

Each office is independently owned and operated

Preparing your Knoxville home for sale

Preparing your Knoxville home for sale

Did you know well-placed furniture can open up rooms and make them seem larger than they are? Or that opening drapes and blinds and turning on all lights make a room seem bright and cheery? It’s a fact: acquiring the highest market value and elevating your home above others in the same price range often comes down to first impressions.

Here are some inexpensive ways to maximize your home’s appeal:

Exterior
Keep the grass freshly cut.
Remove all yard clutter.
Apply fresh paint to wooden fences.
Paint the front door.
Weed and apply fresh mulch to garden beds.
Clean windows inside and out.
Wash or paint home’s exterior.
Tighten and clean all door handles.
Ensure gutters and downspouts are firmly attached.

Continue reading Preparing your Knoxville home for sale

Quickly Sell Your Home

quickly sell your knoxville home

To quickly sell your home in Knoxville you may need to sweeten the pot! If you make your deal more attractive to buyers they are more likely they will chose your home. For example, sellers that offer the buyer a couple of thousand dollars credit toward closing costs, or offer to pay closing costs entirely will in some cases receive more attention from house hunters looking at similar homes. A home warranty will also go a long way and the few hundred dollars for its cost will make the buyers comfortable. Lastly, some buyers will want to close quickly. If you can handle a quick close this may set your deal apart and get you a contract.

I would love to help you and be your realtor. If you are looking to list your home or looking to buy your dream home please give me a call!

Call Christian Ousley at 865-407-5663

Realty Executives Associates
865-693-3232 office
10255 Kingston Pike
Knoxville, Tn 37922

Each office is independently owned and operated

Buying a home is 38% CHEAPER than renting

buying a home is cheaper than rentingBuying a home is 38% CHEAPER than renting  according to Trulia. That is a daily cost basis. If home prices rise or inflation kicks in owning a home is vastly superior. Consequently, if you are not a home owner now is a fantastic time to become part of the American dream. Currently there is a large inventory of nice homes reasonably priced in Knoxville. Many of these homes are in great school districts. That is without the considerations of the hassles of having a landlord, the ability of remolding to your tastes or the simple ability to have pets.

I would love to help you find YOUR home. Please call me and let’s get started.

Christian Ousley at 865-407-5663

Realty Executives Associates 865-693-3232 office 10255
Kingston Pike Knoxville, Tn 37922

Things to do before selling your home in Knoxville

Things to do before you sell your home in knoxville

Things to do before selling your home in Knoxville. Your Knoxville home for sale needs to be in move in condition. Make sure all electrical and plumbing is in working order. Make sure all of the doors work and are in good condition. You want the home buyers to enjoy their visit to your home and want to make it their home. You don’t want little things like a door off of the jam to make your house look like it is in need of repair. Little repairs will go a LONG way to getting more money for your home and price that you deserve.

Call Christian Ousley at 865-407-5663

Realty Executives Associates

865-693-3232 office

10255 Kingston Pike

Knoxville, Tn 37922

Each office is independently owned and operated

 

Median price of homes reaches new high

Tmedian price of new homeshe median price of all existing homes sold in January reached a new all-time high of $230,900, up 1.5 from December and surpassing the pre-crisis peak of $230,600 recorded in October 2005. The median price of existing single-family homes sold reached $233,100, up 1.6 percent from the pre-crisis peak. At $219,700, the median price of condos sold in January remained 6.1 percent below peak.

Over the year, existing home sales are up 11 percent. However, all of this annualized growth occurred during the first half of 2015. Existing home sales were roughly flat during the second half of 2015 and into the first month of 2016. Moreover, comparing January 2015 to January 2016 is particularly difficult because widespread severe winter weather held down home sales during January and February 2015. Unless sales pick up strongly in coming months, the annual pace of growth of home sales will likely fall to near zero by mid-year.

January existing home sales picked up in the Northeast and Midwest, were flat in South and declined in the West. The South and West historically account for much larger shares of existing home sales, and their weakness weighed on the aggregate national numbers.

If you are looking to sell your home or purchase a new home I will be happy to help and would like to become your realtor!

Call Christian Ousley at 865-407-5663

Realty Executives Associates
865-693-3232 office
10255 Kingston Pike
Knoxville, Tn 37922

Each office is independently owned and operated