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Buyers

Found 48 blog entries about Buyers.

 

Real estate investing can be a lucrative opportunity if you do it right! If you’re just dipping your toes into real estate investing, there is a lot to learn before you make the move to buy your first property. Here are some of our best real estate investing tips to help you in buying your first rental property: 

1. Make sure you’re up for the job

Being a landlord isn’t for everyone. Can you be available for home maintenance issues like clogged toilets or HVAC issues? If you can’t find the time to manage the property, this might not be for you. Although some investors hire someone to handle these issues, that eats into your profits. As a first time investor, you probably don’t have the budget to source that out to someone else, so it’s

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Buying your first house is a huge step into adulthood. And as most of us know, it’s an expensive one! In fact, a 2017 Zillow survey of 13,000 adults found that only 39 percent of millennials are able to make the standard down payment on a home, and just one in five can pay the minimum to secure a home loan. Ouch. 

The good news is, there are definitely ways to cut down on the cost of buying your first home. Here are 7 of our best tips:

1. Choose an experienced Realtor

This is first on our list because it’s the most important! And it’s not just because we’re biased. You might be amazing at searching sites like Trulia and Zillow for potential homes, but what you probably don’t know is sometimes that information is totally incorrect. So you can find

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Blog contributed by John Butler of Omni Realty  in Memphis.

 "Move-in ready" and "fixer-upper" are two terms you're likely to come across during your home search. The interpretation of these two terms can be different, depending upon the individual. 

A novice would interpret the home as a fixer-upper, while a buyer experienced in home improvement may consider the home move-in ready. 

Sure, home improvement reality TV shows stimulate creativity. But, they also create deceitful perceptions of what a typical house would look like on a showing. The vast majority of houses you view will have their shortcomings, so it’s vital to understand the difference between fixer uppers and move-in ready homes. 

Pros of Fixer-Uppers

 

Customization:

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Now that we’re halfway through 2018, we thought it was a great time for a mid-year review of Chattanooga’s booming real estate market. With low home inventory and plenty of people either relocating here or choosing to buy a home, there are great opportunities for both buyers and sellers in today's market. Here’s what we know looking back on 2018 so far:

1. Median sale price is at a three-year high in the Greater Chattanooga and North Georgia areas

The median sales price for 2018 is currently at $201,000, while in 2016 it sat at $172,000. Home prices are doing well in many areas of our market. For example, in St. Elmo homes sell 30 days faster than the area average and for almost $10,000 more than other areas! Many sellers are surprised by home

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There are thousands upon thousands of articles out there about buying a home (lots of which you can find right here!), but what if you do your best research and still just can’t find your dream home? There is rarely a home out there that will check every box for you—that is, unless you decide to buy a vacant piece of land and build your dream home yourself. 

But before you starting looking at house plans, it’s important to know the do’s and don’ts of land purchases. Whether you’re buying vacant land to build a home for your family or you hope to sell the plot for a profit in the future, be sure you keep these basic tips in mind.

1. Figure out what the land’s zoning ordinances

Before you sign on the dotted line, you’ll need to check with the

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Your twenties is the time when you’re still trying to figure it all out. You may or may not have found your dream job or even decided what that is. Even though some things may be up in the air, that doesn’t mean you can’t start investing in your future now! 

One mistake that a lot of twenty-somethings make is thinking that they can’t afford to buy a home. Surprise—oftentimes rent is more expensive than a mortgage payment!! Rather that throwing money away on rent, here are some tips to help you buy a home now! 

1. Start working on your credit 

Many twenty-somethings have low credit or no credit at all. If you have no credit, try opening up a credit card with a small limit and paying it off every month. If you already have credit, make sure to

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Story contributed by Lexi Carr

Time and time again, Chattanooga is rated one of the best places to live—and for good reason! Located comfortably between Nashville and Atlanta, Chattanooga is an excellent choice for those looking for the perfect balance between big city feel and small-town living. 

Although Chattanooga is known for its many outdoor opportunities, the city also has a reputation for being one of the country’s newest technology hubs. Dubbed “A Tornado of Innovation” by Barack Obama in 2015, Chattanooga continues to boom with more companies and talented individuals choosing to make the city their home.

If you are looking to move, consider the generous benefits—ranging from ideal scenery, fantastic neighborhoods, and tons of

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Many people think that renting is less expensive than owning their own home. But as it turns out, it’s actually cheaper to pay a monthly mortgage payment than a month’s rent. 

According to a study done by the personal finance website GOBankingRates.com, the median monthly rent price for a single family home was $1,195, while the average mortgage payment was $934—a difference of $261! What could you do with an extra $261 a month?

Taking the leap from renting to buying a home is one of the biggest financial decisions a person can make, but mortgage rates are still historically low, making now a great time to buy. It’s also gratifying for homebuyers to see their mortgage going towards something that is theirs, as opposed to throwing away money

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After months or even years of looking at listings in your chosen area, you've finally found the home of your dreams. Now, all you need to do is get everything you own into boxes and sent over to your new property.

Unfortunately, moving is often the most complicated, exhausting, and stressful part of buying a new home. All you want to do is enjoy the beauty of the house you've just bought, but instead, you're worrying about things like packing tape and whether you've left anything behind. While there are few things that can get rid of all the concerns that come with moving, there are some ways that you can reduce your anxiety and enjoy the moment at hand. The following tips will help you to successfully embrace the start of your new life.

1.    

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Looking back on 2017, we can see just how booming Chattanooga’s real estate market really is. With low home inventory and plenty of people either relocating here or choosing to buy a home, there are great opportunities for both buyers and sellers in todays market. Here’s what we know looking back on 2017: 

1. Over $2 billion sold in the Greater Chattanooga and North Georgia areas

Chattanooga and North Georgia’s real estate market was busy for 2017, with no signs of a slowdown as we make our way into the new year! It’s a great time to be either a buyer or a seller in our local market. 

2.  The Torgerson Team sold homes in an average of 25 days on market (compared to Chattanooga’s overall average 59 days on market)

Because home inventory is

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