landmark-realty

Three Perks of Split-Level Homes in Tennessee

randia.wainwright@smbpros.digital (Randia Wainwright) — Fri, 29 Sep 2023 18:16:38 GMT

If you're considering purchasing a home in Tennessee, you might want to explore the unique advantages of split-level houses . Inspired by the architectural charm of split-level homes, this blog post will dive into three compelling reasons why these homes are an excellent choice for homeowners in the Volunteer State.

The Charm of Owning a Split-Level House

Split-level homes are distinctive in their design, offering homeowners a layout that provides a wealth of benefits. These homes are not only architecturally interesting but also highly functional with innovative uses of the space available. In this article, we'll explore how split-level homes in Tennessee provide a range of advantages that make them stand out in the housing market.

Unique Layout Offers Separate Living Spaces

One of the most appealing aspects of split-level homes is their unique layout, which creates separate living spaces within the same structure. Whether you're hosting a gathering, looking to give your kids their own space, or considering a multigenerational living arrangement with older parents, a split-level home can provide the flexibility you need.

More Attic and More Yard

Tennessee's beautiful landscapes deserve to be enjoyed to the fullest, and what is more convenient than a spacious yard all to yourself? Split-level homes capitalize on vertical design thus providing homeowners with more yard space while still offering room for a finished attic. Discover how this design maximizes both the outdoor and indoor potentials of your home.

Affordable for Families

In a time when affordability is a top priority for many families, split-level homes in Tennessee present a budget-friendly option. Here are some of the reasons behind their affordability and how they can be an ideal choice for families looking for a cost-effective housing solution.

The Best Features of a Split-Level Design

Aside from the layout advantages, split-level homes offer a variety of features that make them stand out. Let's explore some key attributes that make these homes unique.

Distinctive Floor Plan

The distinctive floor plan of split-level homes offers large living areas, multiple attics for storage or conversion, integrated garages, and double-hung windows. Here are just a few ways each of these features work within a split-level home to enhance the overall living experience.

Minimal Architecture

Minimalism in architecture is a growing trend, and split-level homes embrace this concept with their asymmetrical facades, low-pitched roofing, and minimal adornments. This design creates a visually appealing and modern aesthetic that can be further highlighted with exterior painting and landscaping.

The Different Styles of Split-Level Houses

Not all split-level homes are the same. In Tennessee, you can find various styles to suit your preferences and let your home be as individual as you are! Let’s explore the different types of split-level designs available.

Side-Split Homes

Side-split homes offer a unique variation on the split-level home design. These types of split-level home floor plans offer a wider building with the garage on the lowest level, the entry and kitchen on the next level, and the living spaces/bedrooms on the raised side.

Standard-Split Homes

Standard-split homes represent the classic split-level design. The garage and basement are the lowest level with the entry usually at the ground level.

Stacked-Split Homes

Stacked-split homes bring a different approach to split-level living. The garage and basement are the lowest level in these homes. This level has an entry on a landing that bridges the stairs between this lower level and the next level. The second level includes the kitchen and living room space with another set of stairs leading up to the bedrooms. These homes offer a cozier feeling as well as more perceived privacy but do include several sets of stairs which should be taken into consideration.

Back-Split Homes

For those seeking a distinctive take on split-level living, back-split homes offer a traditional view from the street while leaving the actual layout of the house more spacious due to the splits giving a deceptive amount of space to you and your family.

Looking for a Split Level Home in TN? Call Landmark!

Ready to explore split-level homes in Tennessee? Contact Landmark , your trusted real estate partner, to find the perfect split-level property that suits your needs. Make the move to a home that combines architectural charm with practical living spaces. Your dream split-level home in Tennessee awaits!

A Guide to Living in TN: What is a Multi Family Home

randia.wainwright@smbpros.digital (Randia Wainwright) — Mon, 21 Aug 2023 21:50:02 GMT

The word home can mean many things when it comes to housing options. One example is the multi-family home , a versatile living space that combines the benefits of communal living with the privacy of individual units. If you're considering a move to Tennessee and are interested in multi-family homes either as an investment or an ideal living arrangement for your family, this guide is here to provide you with valuable insights into what they are, their types, and whether they might be the right fit for you.

What's the Difference Between Houses and Multi Family Property?

As the name suggests, a multi-family dwelling or home creates a communal space with shared amenities while giving each family space with separate living units in a single building with a side-by-side layout or multiple stories. This is different than single family houses which are wholly separate properties that we think of when we think of ‘traditional’ homes.

What is Considered a Multi Family Home

When it comes to multi-family housing, there are a few standard examples, but they also come in unconventional layouts to fit a variety of situations. Let's delve into some of the most common types of multi-family homes.

Duplex - 2 Homes in 1

A duplex, often comprised of two distinct units sharing a common wall, ceiling, or floor, is a popular type of multi-family home. This arrangement allows homeowners to live in one unit while renting out the other, generating a steady income stream. Each unit maintains its own separate entrance, ensuring both occupants a sense of autonomy and privacy. Some duplexes even come with separate yards and garages, enhancing the feeling of individuality within a shared structure.

Condo - Amenities in a Vibrant Community Setting

Condominiums, commonly called condos, offer a unique blend of individual family houses and communal living. Within a larger building or community, each condo unit is privately owned. Condo owners contribute to monthly homeowners association fees, which cover the maintenance of shared amenities and, in some cases, building insurance. Condos often boast a variety of amenities like fitness centers, swimming pools, and communal spaces, fostering a vibrant and connected living environment.

Townhome - Spacious Community Charm

Townhouses, another variation of a multi-family property, share similarities with duplexes in that they are typically attached by common walls. However, townhomes tend to offer more space, often spanning two or three stories. This increased square footage allows for larger living areas and bedrooms. While retaining the convenience of shared walls and lower maintenance associated with multi-family homes, townhouses provide a spacious and comfortable living experience akin to single-family dwellings.

Semi-Detached House - The Best of Both Worlds

Semi-detached homes bridge the gap between townhomes and standalone houses. With a shared wall connecting two units, these homes offer a balance of communal living and increased personal space. Semi-detached houses are often larger than townhouses and can be an attractive option for those seeking affordability without compromising on square footage. Additionally, the shared upkeep expenses can contribute to a more cost-effective homeownership experience .

Should You Purchase a Multi Family Home?

Multi-family homes come with a range of advantages and considerations. Let's explore the reasons why they might be a great option, as well as some potential drawbacks.

Why You Should

Investment Potential: One of the most compelling reasons to consider a multi-family home is the potential for rental income. Renting out one or more units can offset mortgage payments and other expenses, turning your property into an income-generating asset.

Ease of Maintenance: Living in close proximity to your rental units enables you to promptly address maintenance issues. This hands-on approach can save you time and money by preventing problems from escalating.

Tax Benefits: Multi-family homeowners can often deduct home maintenance expenses as business costs and apportion part of their mortgage interest payments, leading to potential tax advantages.

Multi-Generational Living: Multi-family homes are common in some cultures as they allow for privacy for individuals while benefitting from the shared wisdom and community of family members. It’s also a great option for families to help younger generations get a springboard into adulthood or to help older generations downsize and be nearby while maintaining their independence.

Long-Term Investment: If you decide to move out of your multi-family home, you can retain it as an investment property, creating a steady income stream from rental units.

Why You May Want to Skip

Higher Upfront Costs : Acquiring a multi-family home typically involves a larger upfront investment compared to single-family properties. Because they are essentially two homes in one and can be used as a source of income, you will want to be aware of any permits, inspections or other documentation you may need from your city or county regarding ownership and rental of the units.

Landlord Responsibilities: Managing rental units requires time and effort, from tenant screening to negotiating lease terms. Being a landlord may also entail unexpected interruptions and responsibilities.

Financial Risk: Vacancies and overdue rent payments can impact your cash flow, making it crucial to maintain a substantial emergency fund.

Complexity of Sale: Selling a multi-family property with existing tenants can be challenging, requiring coordination between showings and appraisals while keeping tenants informed.

Are Multi Family Homes Considered Commercial?

Multi-family homes often serve as investment properties, generating rental income for the owner. Understanding the costs associated with these properties is vital for maximizing your investment. Beyond mortgage and insurance, expenses like utilities, agent fees, advertising, and legal fees need to be considered. A thorough evaluation of the property, including inspection and market research, is essential to make informed investment decisions.

How To Purchase a Multi Family Home

Purchasing a multi-family home involves several key steps. First, determine your budget and secure initial financing. Conduct thorough research on available properties, considering location, rental potential, and property condition. Once you've identified a property, work with a real estate agent who is experienced in guiding buyers through purchasing a multi-family home. They can guide you through the negotiation, due diligence, and closing processes, ensuring a smooth purchase experience.

Looking for a Multi Family Home in TN? Call Landmark Realty

Whether you're seeking an investment opportunity or a multi-generational living solution, multi-family homes in Tennessee provide a range of possibilities. To explore available multi-family properties and make an informed decision, reach out to Landmark Realty today. Our experienced agents are here to assist you in finding the perfect multi-family home in Tennessee.

Every Reason Tennessee is the Best Place to Buy Lake a House

randia.wainwright@smbpros.digital (Randia Wainwright) — Thu, 20 Jul 2023 17:03:56 GMT

Are you considering buying a lake house ? Imagine waking up to breathtaking views of crystal-clear waters, enjoying a serene atmosphere, and indulging in various water activities right at your doorstep. If that sounds like the perfect recipe for an idyllic life, look no further than Tennessee—one of the best destinations for lake house enthusiasts! In this blog post, we'll explore why Tennessee is the best place to buy a lake house and why it's an opportunity you won't want to miss.

Buying a Lake House in TN

Tennessee is a great spot to purchase a Lake House.

There's a reason why Tennessee stands out among all the options—it has it all! From its strategic location to its diverse natural beauty and thriving real estate market, the Volunteer State is an ideal getaway for lake house lovers. Whether you're looking for an investment opportunity, a cozy lakeside retreat, or a place to call home, Tennessee has plenty to offer.

It's a Smart Investment Choice

Owning a lake house in Tennessee isn't just about leisure; it's a smart financial move too! As the state's popularity as a tourist hotspot grows and its economy flourishes, the demand for lakefront properties rises. Investing in a Tennessee lake house offers you a slice of paradise and the potential for long-term financial stability and appreciation. And guess what? You can even rake in some extra cash by renting out your lakeside gem to vacationers when you're not savoring the scenery.

Lake Houses Can Be More Affordable in TN

Compared to other areas of the United States, lake homes in Tennessee can be more affordable, making it an attractive option for buyers. With a wide range of available properties, you'll find options to suit various budgets. Whether you're looking for a cozy small lake house or a spacious lakeside retreat, Tennessee offers a diverse selection at competitive prices . This affordability allows more people to fulfill their dream of owning a lake house without breaking the bank.

There’s Alot You Can Do on the Lake

When you own a lake house in Tennessee, you can access exciting activities and endless fun. Whether you're an adventurous soul seeking thrills or prefer peaceful relaxation, there are many fun things to do at a lake house in Tennessee. From thrilling water sports like boating, fishing, and water skiing to serene paddle boarding and swimming, there's an activity for every lake lover. And let's not forget the lakeside picnics, sunset cruises, and hiking trails for nature enthusiasts—you'll never run out of things to do!

Enjoy Lake Living Year-Round or as a Vacation Home

One of the greatest advantages of owning a lake house in Tennessee is the flexibility it offers. You can live there year-round or use it as a vacation home, tailoring your lake house experience to fit your lifestyle. Living in Tennessee full-time allows you to embrace the tranquility and beauty of the lakeside environment throughout the year. On the other hand, using your lake house as a vacation home provides an escape from the hustle and bustle of daily life, offering a peaceful retreat whenever you desire.

Tennessee is more than just a lake lover's paradise; it's a treasure trove of attractions and amenities waiting to be explored. From charming towns and vibrant cities to historical landmarks and world-class dining, you'll never be bored in this scenic state. The Great Smoky Mountains, in particular, are a nature lover's haven, and the exciting events and festivals will keep you entertained year-round.

Unwind by the Water

After a long day of lake activities, there's nothing quite like unwinding by the water at your own lake house. Whether it's sitting on your lakefront porch, enjoying a bonfire on the shore, or having a picnic with family and friends, the peaceful ambiance of the lake provides the perfect setting for relaxation. The soothing sounds of lapping water, the gentle breeze, and the stunning views create a tranquil atmosphere that rejuvenates the body and the mind.

Thinking of Buying a Lakehouse? Call a TN Realtor today!

If the idea of owning a lake house in Tennessee has captured your imagination, it's time to turn your dream into a reality. With so many options available, working with a knowledgeable Tennessee realtor such as Landmark Realty, who specializes in lakefront properties, is essential. Our knowledgeable realtors can guide you through the buying process, help you find the perfect lake house that meets your needs and budget, and ensure a smooth and successful transaction.

Tennessee offers an unmatched experience for those interested in enjoying a lake house in Tennessee. Buying a lake house in Tennessee is an excellent choice with its smart investment potential, affordability, abundant recreational opportunities, and the ability to enjoy lake living year-round or as a vacation home. Start exploring Tennessee's diverse lakefront properties and make your dream of living the lake life a reality. Contact Landmark Realty today and take the first step toward owning your own piece of paradise.

All the Benefits of Owning a Home with Land in Tennessee

randia.wainwright@smbpros.digital (Randia Wainwright) — Fri, 07 Jul 2023 18:15:55 GMT

Are you considering purchasing a home with land ? There's something truly special about owning a property that offers a comfortable house and ample land in beautiful Tennessee. We will explore the numerous advantages of owning a house and land, such as enjoying the country air, relishing in private living, and experiencing the benefits of farming. However, it's important to acknowledge that there are also some challenges to be aware of. Let's dive into the details and discover why owning a home with land in Tennessee can be rewarding.

Owning Tennessee Land Pros

Living in the country is often associated with certain expectations and desires that draw people to the lifestyle. The allure of wide open spaces, picturesque landscapes, and a slower pace of life has a powerful appeal. When you purchase land with your home, you can fulfill these expectations and create a fulfilling country living experience. Investing in a house and land in Tennessee gives you several unique advantages. Let's explore them:

You'll Get Plenty of Country Air

One of the greatest benefits of owning a home with land is the opportunity to breathe in the fresh country air. Away from the hustle and bustle of the city, Tennessee's serene landscapes offer a refreshing atmosphere that promotes relaxation, tranquility, and a healthier lifestyle. Imagine waking up each morning to the crisp, clean air and rejuvenating your senses amidst your property's natural beauty.

You'll Enjoy Private Living

Privacy is a coveted aspect of owning a country house with land. The vast expanse of your property allows for a sense of seclusion, providing a retreat from the noise and congestion of urban life. With enough distance between neighbors, you can create a sanctuary where you can unwind, host gatherings, and enjoy the company of loved ones without interruptions.

There's and Advantage to Farming

For those with a passion for agriculture or a desire to live a self-sufficient lifestyle, owning a farmhouse with land in Tennessee presents incredible opportunities for farming. You can cultivate your own garden, grow fresh produce, raise livestock, or even explore sustainable farming practices. Embracing the joys of farming on your own property allows you to connect with nature, promote sustainability, and enjoy the rewards of your hard work.

Disadvantages of Owning Land

While many people have romanticized expectations of living in the country, these perceptions can sometimes be clouded by the disadvantages they may not have fully considered. Certain realities of owning a house and land in rural areas can challenge the idyllic image of peaceful countryside living. While owning a house and land in Tennessee has numerous benefits, it's crucial to consider the potential challenges that come along with it. Let's explore some important points:

Farm Animals Won't Be Your Only Concern

When you have land with your home, you must be prepared to coexist with the surrounding wildlife. While observing wildlife in its natural habitat can be a delightful experience, it's important to understand how it might impact your property. Wildlife can sometimes pose challenges, such as potential damage to crops or landscaping. It's essential to take precautions, balance harmonious cohabitation, and protect your property.

You're Further Away from Work and the City

Living in a country house with land often means being further away from urban centers and places of work. Commuting to the city for employment or other activities may require additional time and resources. It is crucial to consider the distance and evaluate how it aligns with your lifestyle and daily commitments. However, for those seeking a peaceful retreat away from the noise and congestion of city life, the advantages of country living often outweigh the commute.

You're Never Short of Maintenance

Maintaining a country house with land requires consistent effort and resources. From landscaping and mowing to upkeep and repairs, there's always something to attend to. Preparing for ongoing maintenance and associated costs is important to ensure your property remains in optimal condition. However, with proper planning and organization, the joys of owning a country home can far outweigh the maintenance responsibilities.

Ready to Begin a Life of Country Living? Our Realtors are Ready!

Buying a house with land in Tennessee offers many benefits, including enjoying the country air, embracing private living, and engaging in farming activities. However, it's essential to understand and address the potential challenges associated with land ownership. By being well-informed and partnering with the right professionals, you can make a wise decision and embark on a fulfilling journey of owning a home with land that perfectly suits your needs and aspirations.

If you're ready to find your dream house and land, our experienced realtors at Landmark Realty are here to assist you. With their in-depth knowledge of the local market and a wide range of property listings, they can help you find the perfect home that suits your preferences, budget, and desired acreage. Contact us today to explore the exciting opportunities in homeownership with land in Tennessee .

Why You Should Consider Buying Property with Land in Tennessee

randia.wainwright@smbpros.digital (Randia Wainwright) — Fri, 23 Jun 2023 17:25:58 GMT

When searching for your dream home in Tennessee, it's essential to consider the benefits of purchasing property with land . Homes with land, especially larger lots, land offers numerous advantages. Not only does it provide you with ample space and privacy, but it also opens up exciting opportunities for outdoor activities and future development. Tennessee has it all if you're looking for rural land for sale, a farm property, or hunting land. Let's explore why purchasing property with land in Tennessee can be a great choice.

Where to Find the Best Property with Land for Sale in Tennessee

If you're particularly interested in the eastern region of Tennessee, you're in luck. This area is home to some of the most scenic rural neighborhoods in the state. Places like Paris and Camden offer picturesque landscapes, serene surroundings, and a close-knit community feel. These rural areas are ideal for those seeking a peaceful and private lifestyle. Whether you seek a peaceful retreat or a thriving homestead, Landmark Realty will guide you to the best property options available.

Eastern Tennessee has anchored the Cumberland Plateau region. Beautiful stretches of rural areas dotted with smaller towns and communities offer you and your family country living with big city thrills in easy reach.

Tips for Finding Property with Land for Sale in Tennessee

When searching for property with land in Tennessee, consider exploring various avenues to find the perfect match for your requirements. Here are a couple of suggestions:

Land Auctions

One option worth exploring is participating in land auctions. Landmark Realty, a prominent real estate agency in Tennessee, offers land auctions where you can find a diverse range of properties with land. Auctions provide a unique opportunity to purchase land at competitive prices and often present a wide selection of properties.

Local Realtor

Another valuable resource in your property search is a local realtor. They possess in-depth knowledge of the area, including the best neighborhoods, available listings, and market trends. A local realtor can guide you through the process, help you find your dream home with land, and ensure you make an informed decision.

What to Consider Before Buying Land in Tennessee

Before making a land purchase in Tennessee, it's crucial to consider several factors, and Landmark Realty is there to help. We will work with you to find the best homes and land for sale to meet your needs! Landmark Realty's professionals have the expertise to ensure you are aware of any restrictions that apply to any property in East Tennessee , as well as the availability of utilities and desirable water features, nearby amenities, and more.

Rural vs. Urban

Determine whether you prefer a rural or urban setting. Tennessee offers both options, each with its own advantages and considerations. Rural properties provide tranquility, larger lot sizes, and a closer connection to nature, while urban properties offer proximity to amenities, conveniences, and a vibrant lifestyle.

Acreage

Consider the amount of land you require for your specific needs. Whether you envision a sprawling estate or a smaller plot, Tennessee offers various acreage options to suit various preferences and budgets.

Restrictions

Understand any zoning restrictions or property covenants that may apply. These regulations can affect how you use your land and the type of structures you can build. Familiarize yourself with the local regulations to ensure your plans align with the property's limitations.

Utilities

Verify the availability of essential utilities such as water, electricity, and internet access. Depending on the location and type of property, these services may already be in place or require additional arrangements. It's important to factor in these considerations when assessing the overall suitability of the land before purchasing.

Water Features

For those seeking a property with natural water features, Tennessee has an abundance of lakes, rivers, and streams. Consider if having direct access to a water source is important to you and explore properties with such features.

Benefits and Downsides to Buying Land in Tennessee

Here are three benefits and three downsides to consider when purchasing land in Tennessee:

Benefits of buying property with land :

Affordability: Tennessee offers a range of affordable land options compared to other states, making it an attractive choice for buyers.
Scenic Beauty: The state boasts stunning natural landscapes, including rolling hills, majestic mountains, and picturesque waterways.
Outdoor Activities: Owning land in Tennessee opens up opportunities for various outdoor activities like hunting, fishing, hiking, and more, allowing you to embrace an active and adventurous lifestyle.

Downsides of buying property with land :

Maintenance: Owning a property with land requires regular maintenance, including upkeep of the land itself and potential additional responsibilities such as managing forests or agricultural areas.
Development Challenges: Depending on the location and zoning regulations, developing land may require permits, inspections, and compliance with building codes.
Distance from Amenities: In rural areas, access to amenities such as shopping malls, medical facilities, and entertainment options may be farther away, requiring additional planning.

When it comes to buying land in Tennessee, Landmark Realty is committed to providing transparent information to help you make the right decision. We will work with you to find the land in Tennessee you can fall in love with, whether for your full-time dream home, a getaway location, or hunting land in Tennessee.

Why Homes with Land in Tennessee are Worth the Investment

In conclusion, investing in homes with land in Tennessee is a wise choice, and Landmark Realty is your trusted partner throughout this journey. With our expertise, we can help you realize your best life with the freedom of creating a haven that reflects your unique lifestyle. Moreover, Tennessee's natural beauty, thriving communities, and rich cultural heritage make it an ideal location to call home. Contact Landmark Realty today and take the first step toward finding your dream home with land in Tennessee.

Call Landmark Realty Today to Find Homes with Land for Sale in Tennessee

To start searching for the right home with land in Tennessee, contact Landmark Realty today. Their dedicated team is ready to assist you in discovering the finest properties that match your preferences and requirements. Call Landmark Realty now and make the dream of owning land in Tennessee a reality.

A Guide to Buying the Perfect Family Home in Tenessee

randia.wainwright@smbpros.digital (Randia Wainwright) — Thu, 18 May 2023 15:22:33 GMT

Finding a family home in Tennessee can be exciting and daunting if you’re buying your first home or just moving to the Camden or Paris, TN, area. Being armed with knowledge is crucial to make informed decisions while buying a home in Tennessee. Educate yourself on the housing market, local laws and protections, neighborhoods, schools, and local amenities to make the best choices and find the home that fits your needs. Familiarizing yourself with Tennessee makes finding that perfect home just a little easier.

Popular Tennessee Architecture

Tennessee homes represent a variety of architectural styles and influences. From Georgian Revival to Shotgun, Antebellum to Contemporary, architecture is one factor to consider when buying a home. Each style has its own history and design qualities that make it unique, like elaborate entrances, pitched roofs, or spacious interiors. Every home is different, so you can find the perfect house that fits your style!

Georgian Revival

You can find Georgian Revival architecture throughout Tennessee. This popular style originated in England during the 18th century and features symmetrical facades, large windows, and decorative moldings. These homes are often grand and spacious, featuring brick or stone exteriors and elaborate entrances with columns and pediments.

Antebellum

Many Antebellum homes in Tennessee have been preserved and restored, offering visitors a glimpse into the state's rich history and architecture. These homes were built in the South before the Civil War and are known for their grand columns, symmetrical designs, and spacious interiors. Antebellum architecture is a significant part of Tennessee's history and reflects design choices that go back over a century.

Tudor

Tudor architecture is a distinctive design found in some Tennessee home styles. This style originated in England during the late Medieval period and features decorative half-timbering, steeply pitched roofs, and asymmetrical designs. Tudor homes in Tennessee are often built with brick or stone exteriors and can be found in neighborhoods throughout the state.

American Farmhouse

American farmhouse homes are often built with wood siding and can be found on working farms or in rural communities throughout the state. This popular style can be found in rural areas of Tennessee. It emphasizes simplicity, functionality, and practicality, featuring large porches, gabled roofs, and a central chimney.

Contemporary

Contemporary architecture offers a fresh perspective on design while still fitting in with the architectural landscape of Tennessee. This modern style highlights simplicity, clean lines, and the use of new materials, such as steel and glass. Built with open floor plans, large windows, and sleek exteriors, contemporary homes bring a sense of urban life to all parts of Tennessee.

Shotgun

Shotgun architecture is a unique style found in some neighborhoods in Tennessee. This style originated in West Africa and features a long, narrow layout, with rooms arranged one after the other. Offering a glimpse into the state's architectural and cultural heritage, shotgun homes in Tennessee often have front porches and can be found in historic neighborhoods.

Foursquare

In Tennessee, four-square homes often have front porches and can be found in historic neighborhoods and newer developments. They offer a mix of classic design and modern amenities. This style originated in the late 19th and early 20th centuries and featured a square or rectangular layout, two stories, and a hipped roof.

Tennessee HOA Laws and Historical Protections

HOA laws vary by state, as do the protections for historical properties. Tennessee has several rules and regulations that govern homeowners’ associations (HOAs) and historical protections for properties. For example, the Tennessee Homeowners Association Act outlines the rights and responsibilities of HOAs and homeowners. Tennessee also has a Historic Preservation Fund that provides grants for the preservation of historic homes in Tennessee, properties, and districts and a Historical Commission that works to preserve and promote the state's historical resources. When buying a home in Tennessee, it is necessary to consider the possibility of an HOA or existing historical protections.

Historic Houses

Buying a historic home in Tennessee can be an exciting opportunity! A huge benefit is a potential for a unique and historically significant property with architectural details and craftsmanship that may not be found in newer homes. Historic homes may also be located in charming, established neighborhoods or districts, offering a sense of community and connection to the past. However, there may also be restrictions on what can be done to the property to maintain its historical significance. This may include restrictions on exterior modifications, such as paint color and materials, as well as interior renovations that could damage or alter the home's historical features. Maintaining a historic home can also be expensive, as specialized repairs and upkeep may be required. Homebuyers considering a historic property in Tennessee should carefully weigh the benefits and restrictions before purchasing.

HOA

Tennessee HOA laws outline responsibilities for both homeowners and the HOAs. Like purchasing a historic home, buying a home with an HOA requires plenty of consideration because of the potential benefits and restrictions. Having an HOA can include access to shared amenities, like a community pool or clubhouse, and enforcing community standards for maintenance and upkeep. This can help maintain property values in the long run. HOAs set rules and restrictions, however, that homeowners must abide by. These can include regulations on exterior modifications—including paint color and landscaping—and restrictions on parking, noise, and other activities. Understanding the impact of an HOA can help narrow down choices when searching for a new home.

Neighborhoods in Tennessee

Don’t know how to buy a house in Tennessee? Or don’t know where to start? Picking a particular neighborhood can be beneficial when narrowing down your potential purchase options. Tennessee has several communities that are highly sought after for their property value. And for families with school-aged children, school zones are a key factor when choosing a place to live. The time it takes to commute to work, school, and social activities is also something to keep in mind. With hundreds of Tennessee homes to choose from, it’s a good idea to hire the right agent, like those at Landmark Realty, who can help you find the perfect house in the right neighborhood .

Property Value

Property value is important when buying a home as it determines its future resale value. Location, neighborhood, and home condition can all impact its current and future value.

School Zone

For families with school-aged children, the school zone is a crucial factor to consider when buying a home. The quality of the schools in the area can impact your children's education. It also affects the resale value of the property. Keep your children—and your future—in mind when purchasing a new home in Tennessee!

Commute

When deciding the best home location, commute time is often a major factor for homebuyers. Long commute times can be stressful, time-consuming, expensive, and they can negatively impact work-life balance. As a result, many buyers prioritize living in areas with shorter commute times to work and other important destinations.

Contact our Expert Real Estate Agents in Camden and Paris, TN

Buying a home in Camden or Paris, Tennessee? Contact us today! Our real estate experts will help you find the perfect family home that fits your budget, lifestyle, and design preferences.

Tips for Finding and Purchasing Foreclosed Homes in Tennessee

randia.wainwright@smbpros.digital (Randia Wainwright) — Wed, 03 May 2023 15:55:01 GMT

When people think about buying foreclosed homes, they usually picture a dramatic auction on the courthouse steps, where former owners attempt to outbid each other. The subprime mortgage crisis created many foreclosures to enter the market. As the economy recovered, mortgage companies had to get these foreclosed homes on the radar of prospective buyers. Landmark Realty is the real estate agent you need to help you sort through the foreclosed homes for sale that meet your needs.

Researching Foreclosed Homes in Tennessee

Understanding what you want and where you want to live is the foundation of a successful home purchase . Start by researching the area you want to live in to learn about crime, schools, insurance rates, distance from work, or areas you frequently visit. Don’t purchase a foreclosed home that you’ll end up regretting.

There are many options for finding a foreclosed home in Tennessee:

Foreclosure Real Estate Agents

Some agents specify in foreclosed properties . The real estate agents at Landmark Realty are skilled in real estate auctions and foreclosed home purchases.

We will streamline the process of finding you several foreclosed homes in Tennessee using resources such as

Local newspaper/ Public Records Search – A legal requirement in the foreclosure process is filing a Notice of Sale in the local paper of record and legal notices with the County Recorder’s Office that are available for free as public records.

Bank-Owned Listings

Banks typically don’t want to hold on to foreclosed homes so most of the large banking companies have their properties listed in an online database or through an asset management company.

Government Agencies

Sometimes, agencies have gained property ownership through different means. Agencies, including the US Department of Housing & Urban Development (HUD) and the Department of Agriculture, Fannie Mac HomePath, the Federal Housing Administration, the Treasury Department, and the Small Business Administration, are just a few.

Auction Houses And Fee-based sites

We’ve come full circle to the auction scenario, but this time you have the experience and professionalism of Landmark Realty behind you. We are not just a real estate agency. We also have experience as a foreclosed home auction company. Partnering with our team means you gain the advantage of our comprehensive knowledge and expertise in navigating both sides of the foreclosure process , including auctions of foreclosed homes. Our expertise lets you make informed decisions and secure the best possible outcome.

Can You Finance A Foreclosure?

Absolutely! The process of financing foreclosed homes is similar to a traditional real estate purchase. By saving or setting aside money for a significant down payment, you can significantly improve your financial standing and secure the best possible terms when seeking further financing. When you work with a lender, provide proof of income and other relevant information, and get approved, you'll receive a pre-approval letter. This document is crucial when competing against investment companies, development companies, and professional house flippers, who often make all-cash offers for foreclosed properties at auctions. Armed with a pre-approval letter, you can bid on equal footing and increase your chances of success.

Furthermore, if repairs or updates are required, ask your lender if you may be eligible to include a renovation loan in your financing options to cover the costs.

What's The Process Of Buying A Foreclosed Home?

While researching the markets you're interested in and scouring online listings sites, public records, government agency listings, auction houses, and asset management companies can be helpful, nothing can compare to working with a qualified realtor who is an expert in foreclosures. They can provide invaluable insights on the properties that match your criteria and save you considerable time and effort in navigating the often complex and competitive foreclosure market. With their assistance, you can streamline the process and confidently make offers on the properties that best suit your needs and budget .

If you are financing a foreclosed home purchase, you will want to get your preapproval confirmation from your bank. Your prior research on the area will prove helpful as you can determine whether the asking prices for the foreclosed homes are above or below the market value of other homes.

While the remaining process is similar to a typical real estate transaction, purchasing a foreclosed home involves a bit of extra paperwork, depending on the sale process.

Inspecting and Appraising a Foreclosed Home in Tennessee

A lender usually requires an appraisal to ensure the property's value aligns with the mortgaged balance. If you purchase in cash, a fair appraisal lets you know if the asking price is in line with the market value.

We cannot overstate the importance of an inspection. Foreclosed homes are usually sold in AS-IS condition, meaning buyers should be aware that they may encounter any issues, ranging from minor to major, after the purchase. Electrical, structural, and foundations are dangerous and expensive fixes.

Foreclosed Homes Can Be An Investment Or Cost Saving Opportunity

Foreclosures are an effective way to maximize your investment. In most cases, foreclosed homes are sold below market value. Whether you are looking to move into a new home, purchase a second property as a side revenue stream by renting it out, or an investment intending to flip it for profit, buying a foreclosed home can be a cost-effective way to achieve your goals.

It is common for foreclosed properties to need little or no improvement . The state of the property may determine whether you need to invest a lot of money or time in improvements. The benefit of investing in a foreclosed property that requires little or no upgrades is that you can save money and time while still achieving your desired outcome.

Ready to Start Your Home Search? Let Landmark Realty Help You Find the Perfect Foreclosed Home in Tennessee

Unlock the door to your dream home with the powerful combination of extensive research and the expertise of trusted real estate agents, such as those at Landmark Realty.

With our unparalleled knowledge and experience, we can help guide you through the complex process of finding and purchasing a foreclosed property , ultimately leading you to the home of your dreams or financial success!

5 Reasons Why Now is the Perfect Time to Buy a Single Family Home in Tennessee

Fri, 14 Apr 2023 19:26:17 GMT

If you’re wondering if now is the best time to buy a family home , you should consider purchasing a property in Tennessee. Despite the real estate industry fluctuations, Tennessee has a growing housing market - and for a good reason, too! Consider these five top reasons why buying a home in Tennessee could be a great investment for your family.

Live the Best Quality of Life in Tennessee

Enjoying Tennesee’s mild weather, lower cost of living, affordable housing, great schools, and thriving job market will contribute to a great quality of life.

If you love the change of seasons but not extreme temperatures, you’ll love Tennessee. Experience the magic of all four seasons without enduring unbearable temperatures in Tennessee. With average winter highs of 49 degrees Fahrenheit and summer highs of 89 degrees, experience the crisp air and stunning fall foliage. Winters offer just the right amount of chill without the harsh frigidness.

Taxes are low in Tennessee! With its tax-friendly policies, Tennessee has become an ideal state for those seeking to maximize their financial resources. Salaries and wages are exempt from state income taxes, while property taxes remain low, averaging at 0.56% according to SmartAsset, which is nearly half the national average. And while there is a flat tax on interest dividends for stocks and bonds, the Tennessee Legislature is actively working to reduce this tax further, making it an even more attractive option for financially savvy individuals.

Quality education is highly valued in the Volunteer State, making Tennessee a great place to raise a family.

The top-rated school districts for families with young children in Tennessee (according to Niche.Com) are:

Germantown Municipal School District, Germantown, TN
Johnson City Schools, Johnson City, TN
Kingsport City Schools, Kingsport, TN
Maryville City Schools, Maryville, TN
Saint Matthew Catholic School in Franklin, TN
Williamson County Schools, Franklin, TN

Tennessee also is home to some of the country’s top-rated universities and colleges:

Belmont University
Maryville College
Rhodes College
The University of the South
University of Memphis
University of Tennessee
Vanderbilt University

The natural scenic beauty of the Great Smoky Mountains and a subrange of the Appalachian Mountains of Tennessee will quiet your soul and draw those who love the outdoors. Discovering Tennessee's vast array of outdoor activities will make you realize that moving to Tennessee isn't just a possibility, it's a dream waiting to be fulfilled. With breathtaking hiking trails, stunning waterfalls, picturesque scenic drives, and serene camping areas, Tennessee will beckon you to make it your forever home.

And if you’re looking for a city with ‘small town charm’, you will find that Paris, TN offers an unparalleled level of comfort that is hard to come by in larger cities. In addition to its warm and inviting community, Paris, TN boasts stunning natural beauty, a low cost of living, and a rich cultural heritage that make it the perfect place to call home . With top-rated schools, a thriving economy, and a range of recreational activities available year-round, it's no wonder that Paris, TN consistently ranks as one of the most notable small towns to live in America.

Steady Growth in Tennessee's Real Estate Market

The real estate market in Tennessee has been booming, with a steady growth trajectory that has continued unabated through 2022 and into 2023, despite the challenges posed by the tumultuous year of 2020. Thanks to the strong job growth and rock-bottom unemployment rates in the Volunteer State, the real estate market in Tennessee has remained resilient and is showing no signs of slowing down any time soon.

Both Paris and Camden, TN are experiencing exciting growth in their real estate markets. In Paris, the demand for homes is on the rise, with new construction projects and existing properties selling quickly. The city's small-town charm, low cost of living, and close proximity to major urban centers make it an attractive destination for homebuyers looking for a quiet, comfortable lifestyle.

Meanwhile, Camden's real estate market is also seeing growth, with an influx of new residents moving to the area to take advantage of the town's natural beauty and outdoor recreational opportunities. With a range of properties available at affordable prices and a strong local economy, both Paris and Camden are poised for continued growth in the real estate market in the years to come.

Don't miss out on the opportunity to snag your dream home in Tennessee at an incredible price! Although home sales dipped by 35.1% in February 2023, the median sale price has skyrocketed by 6.6%. Your best investment opportunity has arrived. Act fast and consult with your trusted real estate agent to take advantage of the current market conditions and secure a fantastic deal on a beautiful home for you and your family in Tennessee.

Find Affordable Housing in TN State

Historically, Tennessee has been rated in the top ten of the most affordable states. In 2021, a study by the World Population Review rated Tennessee as the “country’s sixth cheapest state to live in.” That makes moving to Tennessee attractive indeed – especially when you discover the strong job market.

Paris and Camden, TN are excellent choices for homebuyers looking for affordable housing options. In Paris, the cost of living is lower than many other cities, and the real estate market offers a range of properties at affordable prices. Many homes in the area are priced below the national average, making it an attractive destination for first-time homebuyers and those looking to invest in a second property. Similarly, Camden's real estate market offers a variety of affordable housing options, including single-family homes and townhouses. The area's low cost of living, coupled with its strong community spirit and welcoming atmosphere, make it an ideal place to call home.

With a range of affordable housing options available in both Paris and Camden, TN , it's easy to find a property that fits your budget and meets your needs. A knowledgeable local realtor will direct you to the best locations for affordable housing in safe communities with good schools.

Tennessee Has Some of the Best Destinations

Bring your smile and a song for the banjo because the music in Tennessee is incredible. Music legions like Johnny Cash, Dolly Parton, B.B. King, and Hank Williams have a legacy here in Tennessee. Nashville has been dubbed “Music City” because of the ongoing music festivals, venues, and live performances. Even if country music isn’t your thing, the entire state offers amazing music in all genres, including rock and roll, bluegrass, soul, rhythm, and blues. The top destinations for music lovers are Nashville and Memphis, Tennessee.

The Smoky Mountains are calling your name, and you must go. Dress in layers to accommodate temperature changes and let the scenery take your breath away.

Tennessee has the best destinations for foodies. Savor the famous foods from Tennessee, including Memphis Pulled Pork, Nashville Hot Chicken, Fried Pies, Memphis Dry Rub Ribs Moon Pies, Stack cake, cornbread, Tennessee Whisky, and so much more. Enjoy world-class fine dining at places like Blackberry Farms in Walland, TN.

The entire family will have a blast at the most friendly and absolutely fun Dollywood Theme Park in Pigeon Forge, TN. Hike to view the stunning waterfalls in Rock Island State Park or take in some civil war history at Shiloh National Military Park.

Paris, TN is home to a variety of attractions that offer something for everyone. One of the most popular destinations is the Eiffel Tower Park, a replica of the famous Parisian landmark that stands at 60 feet tall and is surrounded by beautiful gardens and walking trails. Other popular attractions include the Paris Landing State Park, which offers boating, fishing, and hiking opportunities, and the Paris Winery, which produces award-winning wines and offers tastings and tours. Whether you're interested in history, outdoor recreation, or simply relaxing and enjoying the beauty of the area, Paris, TN has plenty of attractions to explore.

Camden, TN is a small town with a big heart and a wealth of attractions for visitors and residents alike. One of the most popular destinations is the Tennessee River Freshwater Pearl Farm, where visitors can learn about the unique process of cultivating freshwater pearls and browse a wide selection of pearl jewelry. In addition, Camden hosts several annual events, including the Benton County Fair. With its scenic beauty, rich history, and lively cultural scene, Camden, TN is a must-visit destination in West Tennessee.

There are SO many fun destinations to explore and enjoy in Tennessee.

TN Offers a Strong Job Market

The quality of life in Tennessee is great because the job market is thriving. Music City is rated as the second-best job market in the country, and that’s why Nashville has one of the lowest unemployment rates in the US. Tennessee attracts large companies to the state, such as FedEx, Dollar General, HCA Healthcare, Cracker Barrel, LifePoint Health, and others you will recognize. Big companies are attracted to Tennessee for the same reasons you may be:

Many businesses
Tax-friendly state
Talented people
Focus on good education

Tennessee attracts great people and amazing industries to her state, which boosts the real estate market and will benefit buyers looking for a single-family home.

Don't Wait - Start Looking for Your New Home in Tennessee with Landmark Realty TN Today!

Tennessee is a great place to live! Tennessee is a beautiful state where the best quality of life can be realized. The weather is mild, the economy is good, and educational opportunities abound. There are amazing attractions and outdoor activities to enrich your life in Tennessee. The strong real estate industry in Tennessee is great for investors. Affordable housing with a strong job market makes Tennessee a great place to live.

Landmark Realty is here to help you find the best home according to your needs and budget. Now is the best time to buy a home in Tennessee, and with our knowledge, experience, and customer service, your home-buying experience will be enjoyable. Call today:

5 Things to Know Before Moving to Tennessee

Thu, 22 Sep 2022 16:23:58 GMT

If you’re considering a move to Tennessee in 2022, you’re on a great path!

In recent years, the Volunteer State has gained much more recognition than simply being the state known for country music. Some of the latest perks of living in TN have been a strong housing market , booming economy, an abundance of natural beauty, and a low cost of living. Tennessee also has a rich history and culture reflected in each of its major population center’s distinctive characteristics and attributes. Thousands of new residents every year have relocated to our state for these reasons and more!

As you research what to know before moving to Tennessee, let us be your guide. Here are five things we think you should consider:

No State Income Tax

Less than 10 states in the U.S. have no state income tax; Tennessee is one of them!

Lots of residents see this as one of the main financial benefits of living in Tennessee – not having to pay a state income tax on their salaries or wages. Instead of seeing that tax taken out of a paycheck or owing state income taxes at tax time, Tennesseans pay a 6% Hall tax and a 7% sales tax. Sounds like a fair trade to us!

Tennessee residents also pay comparatively low property taxes , and enjoy access to lower costs of living overall! So, why move to Tennessee? Our state’s cost of living rates are 15-25% LESS than the national average. Here, you can enjoy a high quality of life with lower living expenses.

Home Values Consistently Rising

Like most places across the country, Tennessee home values are rising, but here you’ll still find one of the most affordable housing markets in the U.S.

As we continue to see home values go up, Tennessee is a great place to invest in small market homes and also build up your real estate portfolio. The potential for gradual appreciation in this real estate market could make buying property here an excellent investment opportunity and a great reason to consider relocating to Tennessee.

Great Place to Retire

Is Tennessee a good place to retire? Ask the many retirees who have moved here!

Life in Tennessee attracts a lot of retirees from other states due to its tax-friendly benefits, natural beauty, mild climates, urban conveniences, and rural peacefulness.

Considering that retirement benefits obtained from social security are not taxable, and the low property taxes mentioned above, a Tennessee retirement provides a win-win situation for anyone looking to relocate!

Top-Notch Healthcare System

“I’m concerned about healthcare. Should I move to Tennessee?”

The Volunteer State hosts a variety of top-notch hospitals and healthcare facilities all across the state. So, many of America’s best doctors call Tennessee home too. In fact, Tennessee's healthcare industry tends to contribute up to one billion dollars, to the economy, annually.

This is reassuring for families and retirees who are considering relocating to Tennessee , and who may have to count on hospitals and urgent care centers in emergencies or for periodical check-ups.

Great Community, Great Scenery, Great People

Is Tennessee a friendly state? We like to think so! After all, Tennessee's southern charm is one of the hallmarks of its national allure.

Life in Tennessee is simpler and friendlier. Locals and passersby will greet you with smiles and warm welcomes as you walk through sociable areas throughout the state. It’s not difficult to be happy with a low cost of living and high quality of life, right? Tennessee offers a hospitable warmth that is unparalleled by other parts of the country.

From breathtaking mountain landscapes to a thriving music scene and more, Tennessee's residents also have a plethora of activities and entertainment options to choose from, both rural and urban. These are just some of the many benefits of living in Tennessee.

Landmark Has Realtors that YOU Can Trust.

If you’re considering all the reasons to move to Tennessee, let’s chat! Contact us today to work with the expert realtors at Landmark Realty & Auction.

Landmark Realty & Auction Provides Clients With the Best Tips for Managing Your Real Estate Portfolio!

As one of the leading real estate companies in the Camden, TN area and the surrounding region, our experienced and highly qualified real estate agents will work diligently by your side for the best deal, whether you’re looking to sell a home or buy a home in Tennessee.

As we mentioned earlier, one of the benefits of living in Tennessee is the low costs of living, and property investments here are also a great way to build equity in a home while earning a second income.

So, if you’re relocating to Tennessee, our real estate experts will help you break down mortgage payments, property tax, insurance, and other costs to find the best property for you!

Our Investor-Friendly Realtors Will Help You Find and Close on Deals

When you say “I want to move to Tennessee!”, we know exactly what you mean, and we know Tennessee like the back of our hands.

The team at Landmark Realty & Auction understands Tennessee-specific real estate laws and practices and can provide access to lesser-known neighborhoods and properties. Your dream property may be there!

Partnering with Landmark is the best way for you to ensure a favorable and easy home or property purchase or sale. Our knowledgeable professionals will guide you through the state’s real estate market and make your journey a breeze. By planning, negotiating, and arranging the sale with us, you’ll have an expedient purchase or selling process.

Invest In Real Estate. Secure Your Future.

Is Tennessee a good place to live? We certainly think so! And if you are looking to buy a home or sell your property, you are in the right place!

Landmark Realty offers extensive resources to give you the edge on finding and making the right choice about when to move to Tennessee and where. Plus, investing in real estate is one of the smartest moves you can make for your financial health, and life in Tennessee boasts a hearty foundation for strong real estate investments.

At Landmark Realty, our expert real estate agents are passionate about guiding you through the decision-making process that will lead you to find your perfect home!

To get started on your buying or selling journey, or to simply learn more about the perks of living in TN, contact us today! Call us in Paris at 731-642-0515 , or in Camden at 731-584-7777 , and move into your new home soon.

Everything You Need To Know About Listing Agents

randia.wainwright@smbpros.digital (Randia Wainwright) — Thu, 22 Sep 2022 16:11:59 GMT

Selling a home can be overwhelming for many homeowners. How is the best way to sell your home and where is the best place to start? Do I need a listing agent or a selling agent? What is the difference between a listing agent and a selling agent? As a seller, will the listing agents' responsibilities serve me best or will the selling agents’ responsibilities be more helpful? The unknowns in the equation will increase your stress factors and the antidote is knowledge.

What is a Listing Agent?

It’s helpful to know that a listing agent is known as the seller’s agent . Homeowners should be looking for listing agents when it comes time to sell. Listing agents look out for the interests of the sellers and have the following responsibilities.

Assist with the asking price
Stage and market the property
Brings buyers to your property
Assist with closing paperwork
Assist with all the details to wrap up the close of the sale

Listing agents are invaluable as they are current with the latest market trends such as what’s selling, what buyers are looking for, and what will bring the best selling price.

How Does a Listing Agent Differ From a Selling Agent?

In contrast to a listing agent, the selling agent is known as the buyer’s agent . If you are buying a home, it’s best to have a selling agent in your corner. Selling agents look out for the interests of buyers and are responsible to:

Represent the buyer
Assist with pre approval for a mortgage
Schedule and attend home showings
Write offers and negotiate with listing agents
Arrange for home inspections.

The selling agent will demonstrate how certain properties will meet your needs.

With dual agency, the difference between a listing agent and a selling agent becomes more complicated. A dual agent can work for the seller or the buyer, but their credibility could be viewed as a conflict of interest.

What are the Characteristics of a Good Real Estate Agent?

Identify the characteristics of a good real estate agent , and you'll know how to find a good listing agent to sell your home. You will be looking for a real estate agent who is strong in all of the characteristics we will be discussing – not just a few.

Knowledge of the Local Real Estate Market

An excellent real estate agent will keep their finger on the pulse of the ever changing real estate market. They have up-to-date information to help you set the best price of your home. A listing agent delivers accurate estimates of how long your home will be on the market because of their real estate market knowledge.

S trong Communication Skills

Find a real estate agent who is easy to be around and has strong communication skills. As you receive offers and counteroffers, understanding the ramifications of all the details becomes very important. A listing agent with good communication skills will make the complicated aspects of contracts easy to understand and will clearly define the deadlines involved.

Thorough Marketing Strategies

Successful listing agents know how to use various marketing strategies and will form a thorough plan for the successful sale of your home. Marketing strategies will be tailored to your type of property and connect you with the buyers who are looking for what you have to offer. The best listing agents will use professional photos, video tours, open houses, and social media to get your home sold quickly for the best price.

Well-Connected

Professional listing agents bring a lot to the table because of their networking connections. The top listing agents are naturally well connected to the top professionals in the real estate industry such as:

Other fellow real estate agents
Real estate Attorneys
Real estate investors
Home inspection professionals

Finding a listing agent who is well connected to your local community will make all the difference. A well-known real estate agent with a proven track record will give you instant credibility when coordinating with other professionals necessary for the successful sale of your home. With excellent knowledge and connections, your listing agent could even find an interested buyer before your home hits the market.

Able to Bring Qualified Buyers to View Your Home

Knowing how to find a good listing agent is important because they also have valuable connections with buyers’ agents. Listing agents have the ability to screen and attract qualified buyers to your property, speeding up the selling process.

How to Choose a Listing Agent

Now that you know the character traits a good realtor must possess, how do you select a listing agent from the plethora of available agents? Do your research and discover the listing agent’s experience, sales history and client reviews.

Online

Online research will give you instant information that is also linked to helpful reviews. Utilize online discussion boards, personal blogs on real estate and finances, and personal blogs to learn more about your potential listing agent.

By Referral

Find an excellent listing agent by asking family, friends, and neighbors for referrals. Research the names of the referrals they provide to double check their credentials and track records. Referrals plus research is a great way to find a listing agent that is right for you.

Through Open Houses

You can also receive information on how to pick a listing agent by attending open houses . At an open house you can meet local agents face-to-face. It may not prove to be the best use of your time as you will not know if the agent you meet is a listing agent or a buyers’ agent, but this process has been successful for some. Zillow will list upcoming open houses online. You could save time by contacting the brokerage company in advance to see what kind of agent will be present at the open house.

Let Landmark's Listing Agents Go to Bat for You Today!

An excellent listing agent from Landmark Realty and Auction is ready to go to bat for you today! The proven listing agents from Landmark Realty will ensure the sale of your home goes as smoothly as possible. Your home will be priced competitively, extensively advertised, regularly viewed and sold with your best interests in mind when our competent listing agent orchestrates the entire home selling process with you.

We look forward to meeting all of your real estate needs!

6 SUPER Updates That Will Increase Your Home's Value BEFORE Putting it on the Market

Fri, 24 Jun 2022 19:22:25 GMT

Increasing your home’s curb appeal is one of the best ways to increase home value. Most homeowners looking to sell opt for a quick paint job. This is relatively inexpensive and easy to do; however, there is more to improving your home’s value with quality changes than just switching the color.

Your home has been an investment from the time you moved in. Continuing to invest in your home until the time you close the sale will maximize the value you will be able to receive from your home. Below we will explore how to increase home value with both curb appeal and inside upgrades.

Let's Make One Thing Clear: A Simple Paint Job Won't Automatically Make Everything Better

So, what is curb appeal, and does curb appeal increase home value? Curb appeal is the level of attractiveness of a property (appeal) and its surroundings from street view (the curb). And yes! Curb appeal draws in potential buyers and casual onlookers alike to take another look at your home. The more interest in your home, the more likely you are to get the highest offer possible.

And while a simple paint job can work some magic, it’s not the only way you can increase your home’s charm and value . Let’s take a look at a variety of curb appeal ideas to inspire your home updates.

Yardwork

To kick off our outdoor home improvement ideas, we’ll start with the lawn and garden areas. Does landscaping increase home value?

Yes, and to improve your curb appeal, landscaping does not need to be fancy or extensive. Simply planting some flowers can go a long way by adding pops of color and showing care for the property. As a general rule of thumb, check that your current landscaping is in good condition and you’ll be set. If you have the means and time, you can also take a look at your outdoor entertaining spaces for more outdoor home improvement ideas and opportunities.

Exterior

To have exterior paint increase home value, plan ahead! Sometimes simplest is best: for example, repainting the front door can make a big impact for visual interest with a small amount of paint. If you’re needing a slightly larger project, color-coordinating fixtures, details, and other exterior elements like the shades and columns is one of our favorite curb appeal ideas.

At this step, it also may be a good idea to decide if your roof should be replaced or upgraded. Naturally, the cost would be determined by the roof size, pitch, materials, and the like; however, it adds significantly to your property value and is proven to increase your ROI when your house sells. So it’s not a matter of asking “Will a new roof increase home value?” Instead, ask yourself, “Is it worth the investment for our situation?”

Interior

Real estate listings’ first (or second) impression comes from the home interiors (pictures): value is in the eye of the beholder. Simply redecorating or reworking home interior styles can bring in a return of 5-10% of the home’s value. A kitchen or bathroom remodel, especially, would bring in even more.

If a full remodel is not in your range, work to incorporate those amenities that will fetch top dollar by showcasing the best of your existing spaces. For example, use mirrors strategically to make a room look bigger and brighter. Long curtains (i.e. windows in living spaces and showers in bathrooms) also give the illusion of space. Add statement pieces like lamps and headboards for style. Other small upgrades to consider are 1) hiding wires, 2) maximizing storage space, and 3) updating cabinet hardware.

Staging is such an important step in the selling process, and using quality design elements that show versatility and broad appeal will certainly help. Staging, when well done, helps buyers envision themselves in the space even if their home interior styles are not exactly the same. The staging agents at Landmark Realty can help you with ideas in this area to get the best images when selling your home.

Consider Hiring An Inspector

Besides a professional stager, you should also consider hiring an inspector. A home inspection will likely be a part of the closing process, and by having Tennessee home inspectors come out beforehand, you can get a report of any problems to fix and won’t have to worry about passing the inspection or losing money later on.

What do home inspectors look for? Certified home inspectors examine the interior and exterior of the home including the foundation and structure, roof, and important systems (HVAC, plumbing, electrical). Their inspection may also include the attic, ceilings and floors, and windows and doors. Check with your inspector for more information about what they provide in their written report. If you do not know a home inspector, check with your Landmark Realty selling agent and they can provide you with a recommendation.

Clean and Declutter Your Home Before Putting it on the Market

During their search, potential buyers are looking for anything that could be a deal-breaker. Set yourself up for success and declutter your home. Follow it up with a deep clean that will go a long way to make open house guests feel at home. Don’t forget to dust from ceilings to baseboards and to clean the floors.

Entryway/Hallway

Their impression of the entryway is a quick way for open house guests to continue their visit or look for other options. Draw them in with an organized space to hang coats or store shoes and keys.

Hallways, especially noticeably narrow ones, should be kept free of visual and physical clutter. Set a limit on hooks, photographs, and artwork for now.

Living Room

Declutter your home’s living areas by clearing out magazines, paring down your bookshelves, and tidying up pillows and blankets. Remember that too many items in these spaces can weigh down and seemingly shrink the room.

Kitchen

Hide your countertop appliances and clear your counters. Here you need to show off the space and storage opportunities in your kitchen – an area already under high scrutiny.

Closets/Hidden Storage Rooms

Streamline your closets and other storage areas to make a bigger impact on buyers. These spaces are especially sought after, so highlight them accordingly (and not by filling them to the brim).

There's Nothing Slicker Than A Fresh Coat of Paint!

After considering other curb appeal ideas, does painting increase home value still? Yes, and you are absolutely right to use fresh paint colors to increase home value.

We know that certain colors and trends come in and out of style, so there are two routes you can go: 1) pay attention to what is ‘trendy’ and eye-catching, or 2) opt for a more ‘timeless’ color. Either way can make the most outdated interiors and exteriors look brand new for a relatively low cost.

Signs That Your House is in Need of a Fresh Coat

Giving your home a fresh coat of paint removes a popular bargaining chip used by potential buyers to get your home price down: a house ‘in need of love’. Telltale signs that your house needs fresh coats of paint i nclude fading, flaking, and peeling. You should also look for the less noticeable signs detailed below that may be caught by buyers and their agents.

Home Exteriors:

Cracks and gaps
Wood rot
Water damage, mold, mildew

With the signs listed above, it is important to replace and/or repair broken materials before repainting. You could also consider repainting if the house color clashes with the neighbors. The important thing is showing your home’s exterior is well-maintained to get more potential buyers in the door.

Home Interiors:

Peeling or chipping
Faded and discolored paint
Outdated or improper color palette

Potential home buyers, especially in this market, may not be keen on taking on their own DIY projects. Make sure the interiors look cohesive, and if you need to repaint, choose paint colors to increase home value while appealing to the most buyers possible. To maximize your paint’s effectiveness, go for quality neutral colors in a flat finish to minimize the look of any imperfections in the walls.

Add Usable Square Footage

Adding on to the usable square footage (or optimizing the existing space) in your home could be a great option for areas with limited real estate. Potential buyers and their agents are always running calculations on price per square foot – one study by the National Association of Realtors found that the sale price of a home went up 30% for every 1000 square feet added.

What rooms should you choose to add more square footage to your home? Bedrooms and bathrooms are key. These spaces are so valuable for families of all sizes and provide a great return on investment with an average in the mid-80% range. When you invest in adding more square footage, you quickly increase your home value with more room for them.

Energy-Saving Features and Appliances

Energy prices will likely continue to go up, so it is more important than ever to upgrade to energy-efficient appliances. Making these modifications will result in lower monthly costs for you and the future homeowners and higher value for your home when you sell.

First, you should order a home energy audit to see where you should make improvements. Possible improvement options include upgrading your windows, choosing energy-efficient home automation systems, and signing up for an Energy Efficient Mortgage (EEM) to help pay for those upgrades.

When you list an energy-efficient home, it’s a win-win-win for all: you, the new homeowners, and our world.

Once You Decide To Put Your Home on the Market, Contact Landmark Realty

Even if you’re not ready to sell yet , the team at Landmark Realty is here to teach you how to increase home value. We know what buyers are looking for and are familiar with our communities in Camden and Paris, TN.

To get more information for your home selling journey, fill out our online form or call 731-642-0515 (Paris) or 731-584-7777 (Camden). We’re always here to help with the best ways to increase home value!

Benefits of Using a Real Estate Agent to Sell vs. FSBO

Fri, 10 Jun 2022 19:20:09 GMT

If you’re reading this article, you’ve probably already The next question is, do you sell with a Tennessee realtor or try selling your home without a realtor?

Many people come into the process assuming it will be better to list as “for sale by owner” (FSBO), but this adds unnecessary risks. As experts in the housing market and realty industry, we’re going to explain those risks and how the benefits of real estate agents combat them in times like these.

Honestly... FSBO = SO MUCH STRESS!

So, what is FSBO in real estate? As mentioned above, FSBO listings mean you are selling the house yourselves, or in other words, selling your home without a realtor. While seemingly more affordable up-front, FSBO can be a hassle for homeowners. The process requires taking time out of days on end to market your real estate listing, field calls from potential homebuyers, handle FSBO negotiating with buyer’s agents, prepare for and host open houses or home showings, and much more!

Selling your home is stressful enough without taking on full responsibility. Let’s look at specific challenges faced when selling your home without a realtor and then the corresponding benefits of real estate agents.

Harder to Get Publicity

The buyer’s agent is often looking at their own real estate network for real estate listings. With FSBO, it’s harder to get that publicity since the agent across the table knows you do not have a professional representing you. In real estate, connections lead to contacts for home showings and save time and energy in the long run.

Inevitable Pricing Concerns and Commission Fees are Going to be a Drag Anyway

Buyers’ agents may also discourage viewing a “for sale by owner” listing due to the likely inexperience of the other side in terms of pricing and legal ramifications. Trained real estate agents have the knowledge and experience to handle negotiations while also studying the trends and demand of the area to stay updated on how the value of the home is affected. Realtors also understand local customs and necessary transactions related to Tennessee real estate commissions, taxes, closing costs, and the like.

Instead of stressing about FSBO negotiating with buyers’ agents, why not partner with a professional to streamline the process and save you time, money, and energy?

You Should Choose to Sell Your Home With a Real Estate Agent if You Want To...

Avoid Emotional Sales

Selling your home is stressful and understandably an emotional process. Buyers’ agents, however, would like to avoid emotional This is because FSBO sellers can have a reputation for being unrealistic, unreasonable, and/or just difficult sellers that agents hesitate to work with.

Choosing a real estate agent gives you, the homeowner, emotional support on top of the other benefits of real estate agents. Realtors act in your best interest and know how to handle and communicate feedback while guiding you through the home-selling process. They are able to provide a more objective outlook to help you avoid costly mistakes like overpricing your home , refusing to counter seemingly low offers, or giving in too easily to an offer when deadlines approach.

Gain Access to and Utilize Larger Networks

Over time, seasoned realtors build networks of clients, real estate groups, and other agents with their own buyer pools. With all these real estate connections, they learn and know exactly how to find potential buyers in real estate can quickly and efficiently distribute real estate listings to the right clientele.

If you choose to sell your home yourself, you will spend more time working harder to reach a smaller network of buyers. Instead, choose to partner with a at Landmark Realty, and you will quickly benefit from our large real estate network to maximize both your time and your home’s value.

Weed Out Unqualified Buyers

The large real estate network mentioned above leads to a longer list of potential home buyers. Trained realtors know to ask the right questions that inform them how qualified, serious, and motivated potential buyers are when looking at your home. More qualified buyers means more serious offers for a higher home value.

Get the Most Value Out of Your Home

While it may seem like the cheaper option, FSBO Tennessee homes are more likely to sell for less money. The benefits of real estate agents that they have professional training and can actually maximize your profit, especially if they offer low commission rates. real estate skills and expertise, our Tennessee realtors secure top dollar sales of homes all across Camden, Paris, and the surrounding communities.

Looking For Expert Assistance When It Comes to Selling Your House? Contact Landmark Realty ASAP!

The market is hot, and we’re here to help! When choosing a real estate agent to get potential homebuyers in the door, turn to the area’s top choice: Landmark Realty. Take advantage of our extensive knowledge of the area, active listening, and negotiation strategies. We’ll be your advocate every step of the way from the big picture closing to fine details throughout the procedures.

We are committed to serving you and building lasting relationships in order to create a stress-free real estate experience. Contact our proud Tennessee realtors today: simply call 731-642-0515 (Paris) or 731-584-7777 (Camden). Or, to get more information for your home selling journey, fill out our online form .

How to Find the Right Real Estate Agent to Help You Buy Your Dream Home

Fri, 15 Apr 2022 17:33:35 GMT

Buying and selling a home is an exciting time. It’s a time of hope, new beginnings, and yes, nerves. Big decisions are being made. Your home’s future is based on selection, negotiation, contracts, and hopefully the right real estate agent for you.

Choosing a top real estate agent can help you make informed decisions and prevent costly mistakes. They will navigate you through what can be a complicated process and confidently hand you the keys to your new home.

So how does one pick the right real estate agent? One with knowledge, confidence, and personality savoir-faire?

Our blog has the answers…let’s keep reading!

Consider Your Top Priorities

Everyone is unique. Some people click immediately. Some people warm up in time.

Considering your top priorities and identifying what you find most important in a real estate agent will help you find that instant connection … one that not only warms up in time but warms over time too.

Determine the attributes that you find the most valuable while looking into the top real estate agents:

Communication Style
Knowledge of the Area
Experience
Working Style
Flexibility

Check for Red Flags

Call them red flags, warning signs, or circumstantial conflicts, there are things to look out for when looking for a real estate agent. The home buying process can be a long one so understanding what you don’t want in a realtor agent will help pave the path to finding the right one.

Some things should set off alarm bells and some things should be given considerate thought:

A local reputation, which includes poor negotiation skills for example, or confirmed disciplinary action through your state’s real estate regulator, are warning signs that shouldn’t be ignored.

A real estate agent that doesn’t provide details regarding their experience or is insistent towards specific properties, may be exaggerating their credentials or have a personal incentive for helping you buy or sell.

A part-time realtor agent may not have the time to devote to your needs or you find an agent that checks a lot of boxes but cannot commit to your schedule.

Use Technology to Your Advantage

Technology is your friend and most literally at your fingertips! Jump online, gather information, and gain some insight on your future real estate agent.

Social Media Profiles
Google Reviews
Customer Testimonials
Realtor Website
Better Business Bureau
And More

Get Referrals from Friends and Family

Friends and family are a wealth of knowledge. Plus, they love to give advice, or more politely, give suggestions. And this can be very beneficial when looking for a top real estate agent or property agent who suites your needs.

Realtor reviews will be strong one way, or another. People will tell you with passion their experience in finding their home…the good, the bad and the ugly, and their realtor will either be a HERO or a Villain

Pick the HERO.

Consider What You Want in a Home

You’ve thought about your dream home a lot lately but now is the time to topline a few important details. Answering these types of questions will help you find a realtor agent that has specialty experience:

Are you looking for a home with acreage or one in a suburban neighborhood?
Will your new home be a family dwelling, investment home, or retirement property?
Are you a first-time homebuyer, repeat buyer, or wishing to downsize?

Investigate on the Ground

A little detective work combined with the available resources, can go a long way in finding a top real estate agent.

A couple tips from the pros include:

Interview at least three real estate agents. If you don’t find one you love, keep interviewing until you strike realtor gold.
Check into online tools that can identify sales records, track records, and more.

Landmark Realty and Auction - #1 Realtors are Here to Serve You

Whether you are buying or selling your home, Landmark Realty is the #1 choice! Our real estate agents are very familiar with Paris and Camden, TN and the surrounding areas. We listen, fine-tune the details, negotiate on your behalf, and stay with you all the way through closing, and final procedures.

We are also a provider of property auctions and estate sales. We can help with estates, land, antiques, farm equipment, and more.

We’d love to help you sell your house or find your dream home.

Allow us to be a candidate and grant us an interview, won’t you?

Call us today!

Paris Location: 731 642-0515

Camden Location: 731 584-7777

Or fill out our online form:

Benefits of Hiring a Real Estate Agent to Sell Your Home

Fri, 15 Apr 2022 17:31:37 GMT

Hiring a real estate agent to sell your home will simplify the process and provide you with better results. The knowledge, experience and resources made available to you through a real estate sales agent will sell your home faster with a greater chance of receiving the best selling price. Below, we will highlight the top reasons selling your home through a real estate agent works to your advantage.

#1. Local Market Knowledge

Local market knowledge made available to you through a real estate agent will be invaluable to you for a successful transaction. A great real estate agent is in touch with the neighbors as well as being in touch with other realtors who handle properties in the local area. They will know what is selling in the area and for how much. You want this knowledge when it comes to making decisions that will maximize your profit during the transaction. This local inside market knowledge coupled with high-end negotiation skills will prove that hiring a real estate agent to sell your home was a good decision.

#2. Understanding of the Home-Selling Process

Even homeowners who have sold a home in the past will not have the thorough understanding of the home-selling process as a real estate agent will. Every step and detail of the home-selling process will be explained in easy to understand terms. Your realtor will be current with the changing market, stay on top of all the details, and implement a successful marketing plan to sell your home quickly for the best price.

#3. Legwork Assistance

A realtor agent is your first-rate assistant and advocate for selling your home. Not only will a realtor agent take on much of the legwork involved, they will also take amazing high-quality photos of your home, assist with staging your home in the best way possible, and will organize open house events to entice potential buyers to view property. Your realtor agent will analyze the bids from those interested, work with the legitimate bids and steer the negotiations in your favor.

#4. Pricing Strategy

Pricing strategy involves knowing how your home listing compares to others in the surrounding neighborhoods and how long it typically takes to sell a home in your area based on the current real estate market. Fortunately for sellers, real estate brokers have a system in place for finding the best listing price. A real estate agent will conduct a comparative house real estate analysis based on the market in your area to ensure the pricing of your home attracts potential buyers.

#5. Legal Advice and Paperwork

A new real estate agent, as well as the veteran, will be well versed on all the current legal requirements for disclosures and appraisals required by your state’s regulations for property sellers. Realtors have the responsibility to know all of the legal requirements you need to follow as a seller. Every document surrounding the sale of your home will be completed correctly because the responsibility belongs to your realtor. Receiving excellent legal advice and knowing all the paperwork will be filled out correctly is well worth hiring a real estate agent to sell your home! .

#6. Using a Built-in Network

Your realtor has a built-in network of professionals at their disposal who are necessary to use when selling your home. These professionals consist of home inspectors, other real estate associates, and financial institutions. Real estate agents know from experience which local professionals have a trustworthy track record. Using a built-in network of professionals connected to your realtor delivers worry free assistance quickly.

#7. Negotiating with Buyers

When it comes to negotiating the price of your home with buyers, your real estate agent will be your best friend looking out for your interests. Top real estate agents will know what offers to bring to the table and will have practiced negotiation strategies that come with ease because of years of experience. Negotiating with buyers on your own could easily be stressful, however, for your real estate agent (who is in our corner) – it’s just fun!

Landmark Realty and Auction - Committed to Serving You and Building Long-Lasting Relationships

Those who choose to sell their home without a realtor will take on a heavy load of responsibility. You will have to list your home, take charge of marketing, organize open house events, properly fill out the necessary paperwork, ensure all legality issues are covered, negotiate the selling price and work with the buyer’s real estate agent. That’s a lot of responsibility to take on-and that’s exactly why you should hire the best real estate agent from your local area to help you sell a home.

If you live in Paris or Camden Tennessee, you will find the top real estate agents at Landmark Realty and Auction. Our real estate associates will guide you through the complexity of real estate transactions when you are selling your home or buying a home. With a broker and auctioneer, we make home auctions and estate sales simple. Allow our home auctions to assist you in obtaining a fantastic deal on your next property. We are committed to serving you with all of your real estate needs as we build long-lasting relationships with our clients. Call today and Landmark Realty and Auction will show you how to achieve your real estate dreams and goals.

We have two convenient locations to serve you:

Paris, TN Location Camden, TN Location

(731) 642-0515 (731) 584-777

1507 E Wood St 241C Hwy 641 North

Paris, TN 38242 Camden, TN 38320

5 Reasons Why You Should Hire a Real Estate Agent

Fri, 11 Mar 2022 18:27:53 GMT

Self-assured, thrifty home owners and buyers could be drawn to the FSBO (For Sale by Owner) process of buying or selling a home . Those who choose the FSBO road will experience a long, arduous, confusing and even irritating journey. Experienced real estate agents will guide you around legal roadblocks with their expertise in properly filing legal documents. Local real estate agents will make the home buying or selling process much more enjoyable.

The leading reason for hiring a local real estate agent is to have an expert who is obligated to put your best interests first. It’s called fiduciary duty, and it will be invaluable to you. Your financial information is exposed when buying or selling real estate. Fiduciary duty sets a high standard for privacy and confidentiality of your finances so you can move forward with confidence in buying or selling your home.

#1. Knowledge and Experience

A licensed real estate agent will possess the experience and knowledge in buying or selling a home that you may not. In the end, the real estate agent commissions you are avoiding with the FSBO process will not be as significant as you had hoped. A local real estate agent will save you more money in other areas by knowing the true value of properties, how to negotiate, and what to look out for.

Amazingly, a 2017 study revealed that FSBOs collected approximately 30% more for their owners than properties listed by a real estate agent.

Fiduciary duty makes it your local real estate agent’s responsibility to get you the best possible price for your home or to ensure that you get the best possible deal on the property you wish to buy.

#2. Agents Can Find What You’re Looking For

Sure, you know what to look for like how many bedrooms you need, how big the garage needs to be, and what kind of yard your children or pets would enjoy. You could seek out home listings with the features you are looking for; however, you will spend a lot of time, energy, and gas money looking for those properties. A local real estate agent will carefully listen to your needs and streamline your hunt by knowing exactly what’s available and directing you to the properties that closely fit your needs in the best locations. A realtor will know the demographics of the local neighborhoods and what the local schools are like, saving you a lot of research on these important factors. Also, with a licensed real estate agent, you will have inside info on listings that have not hit the market yet.

#3. Extensive Market Knowledge

The best real estate agent near you will have extensive and current market value knowledge in the locations you are buying or selling real estate in. Your real estate agent will fully know all the aspects of the housing market and how the current trends (like unemployment rates) will affect mortgage interest rates. A realtor will know the average sale prices in a given area and what the average price per square foot will be in similar homes. Real estate associates know the history of local neighborhoods and which ones had the greatest increase in market value over the years.

#4. Agents Know How to Spot Potential Problems

Because a real estate agent will look out for your best interests, they have a keen eye to spot potential problems which you many overlook . A realtor will check out things like the condition of the HVAC or roofing systems. Your real estate agent will identify mold or termite issues that are easily overlooked and could end up costing you a bunch if not discovered before the sale.

#5. Provide Valuable Pricing Guidance

Whether buying or selling a home, the best real estate agent will provide valuable pricing guidance. Homeowners wishing to sell their home may think they know how much their home is worth and will naturally want to get as much as possible for their home, in turn; they overestimate their home’s value. On the other hand, it is also easy to underestimate the value of a home. A realtor will perform a real estate market analysis, for pricing guidance in setting a floor price, ceiling price and price range to work within.

Search for Your Dream Home with the Top Real Estate Agency

Search for your dream home with the top real estate agency serving both communities in Paris and Camden TN. Our local real estate agents will guide you every step of the way in buying or selling your home for the best outcome. Your satisfaction and happiness is our main focus as we are dedicated to looking out for your best interests.

Call us today in Paris at: 731-642-0515 Call us today in Camden at: 731-584-7777

How to Find a Good Buyer’s Real Estate Agent

Fri, 18 Feb 2022 18:19:52 GMT

Purchasing a home is a big and very exciting decision. The home buying process, however, is not always easy-especially in today’s rapidly changing market. Your heart gets wrapped up in the process so when problems arise, it becomes an emotional rollercoaster ride. To avoid the emotional drops, you need a qualified buyer’s agent when looking for a real estate agent near me . Hiring a good buyer’s agent will make your home buying experience smoother by avoiding stumbling blocks and smoothing out the process to reach your goal of homeownership with ease.

What is a Buyer’s Real Estate Agent?

What is a buyer’s real estate agent? A buyer’s agent is a well-informed professional advocate working on behalf of a home buyer. As a home buyer, they represent you in all aspects of purchasing a home. A buyer’s agent has a legal duty to ensure the buyer’s interests are protected and will fight to ensure the buyer gets the best deal possible in their home buying process.

Tips to Find and Hire a Real Estate Agent

A buyer’s agent will be your guide through the complete process of buying a home. You should look for a buyer’s agent near you that you can communicate easily with and who understands your requirements and goals. You need a team leader as your guide. The following tips will help you choose the best real estate agent when purchasing a home.

Research Buyer's Agents in the Area

Finding a buyer’s agent starts with research. Start your research for local real estate agents with referrals from friends , lenders you are familiar with, and online reviews. You could turn to local real estate agents who support causes that are important to you in your community. Have a conversation with at least three different buyer’s agents. A face-to-face conversation will give insight for finding the best real estate agent near me.

Ask the Right Questions

Naturally, when looking for a buyer’s agent, you will want to know how long they have been an agent, how people they have helped to find a home , and if they work part-time or full time. A buyer’s agent will be able to present a real estate license, and may also have additional certifications or designations to bring to the table. These are all good things to check on, but you must also ask the right questions.

If you don’t ask the right questions, you could get a real estate agent who does not represent you as the buyer. You are looking for a buyer’s agent legally obligated to put your needs before their own. Make sure they explain their agency relationship to you. They should be happy to present a buyer’s agency agreement to you.

Ask the real estate agent about which properties they will be showing you. The answers given will reveal if they have been listening to you and that they understand what your needs are. Look for a buyer’s agent who listens to your needs more than talking about their own success stories.

Find an Agent You Can Trust

A trustworthy buyer’s agent will want to know if you have been preapproved for a loan and what type of loan the bank has given you. A reputable buyer’s agent will be asking about your housing preferences. Finding a buyer’s agent with good listening skills while also asking probing questions is the kind of real estate agent you want. Does your prospective buyer’s agent seem to have a good grasp of your requirements?

You will be working with a buyer’s agent for several months while you find your dream home . Your buyer’s agent should be a person who you can trust and feel comfortable with. Trust your instincts and the insights you have gained while talking with a real estate agent in person.

Check If They Mitigate Risk

Remember that a buyer’s agent has a legal obligation to protect your interests as a home buyer. You are hiring a buyer’s agent because they are practical and professionally trained to mitigate your risk. They will assess your disposable income, borrowing ability, investment strategy and your personal risk profile to achieve the goal of homeownership in a timely manner while protecting your investment.

Hire Expert Real Estate Agents from Landmark Realty

Hire a real estate agent from Landmark Realty And Auction to make your home buying experience a great one! We have the top real estate agents in the local Paris and Camden TN Area. Our buyer’s agents will be your trustworthy advocates for your entire home buying process. Your happiness and satisfaction are our main priorities, as we are devoted to looking out for your best interests.

A Complete Home Buying Guide: Start Your Journey Today

Fri, 07 Jan 2022 07:05:50 GMT

Buying your first home is one of life’s biggest milestones and it may be the largest purchase you’ve ever made. But with the right information, you can shop for your new home and close the deal with confidence. Be sure you’re prepared with these first-time home buyer tips .

How to Start Buying a House? Begin With These Helpful Home Buying Tips

Thinking about how to buy your first home is a big decision that may feel overwhelming. But it doesn’t have to be! Following a few first-time home buyer tips will make sure the process is smooth and problem-free. Stop wondering how to buy your first house and get started with this simple home buying guide.

Find the Best Real Estate Agent

The first step in any home search is choosing a realtor who can serve as your home buying guide . A great real estate agent will offer expert advice for first time home buyers. The right realtor will help you find that perfect property, negotiate on your behalf, and handle all the details involved with buying your first home. Look for someone who understands the local area and can make sure you see ALL the listings that meet your criteria.

Get Preapproved So You Know How Much You Can Afford

Another important first-time home buyer tip is to get preapproved for your mortgage. This helps you determine how much house you can afford. Making sure you have preapproval before your search also tells potential sellers that you have the capacity to buy. Many buyers have lost a home to another bidder because they didn’t have their financing in order. Mortgage preapproval is a free, non-binding process that shows you’re a qualified and serious buyer.

Start the Search for Your Perfect Home

You’ve found an expert realtor to guide you, gotten your preapproval, and now you’re ready for the “fun part,” searching for your new home. To help narrow down your search, look online for available real estate listings . Landmark Realty has hundreds of listings with easy search features to help you find exactly what you’re looking for. Browse the Landmark Realty property listings: https://www.landmarkrealtytn.com/view-listings

View All of the Homes You’re Interested In

An important piece of advice for first time home buyers is to take your time. Buying your first home is a big decision that you don’t want to rush. Landmark Realty offers both in-person and virtual home showings. With a virtual showing, you can get a feel for the house before you ever set foot inside. Then when you’re ready for in-person showings, your realtor can arrange them for you.

Once You’ve Found Your Ideal Home, It’s Time to Close the Deal!

Today’s real estate market is competitive , so take your time getting prepared, but when you find the right house, move quickly! Once you’ve found your dream home, your real estate agent will submit a competitive offer to get you the best deal and will guide you through the negotiation process. Since you’ve chosen an expert realtor, buying your first home should be a seamless and pleasant closing experience.

Ready to Start Your Homebuying Journey? Contact Landmark Realty Today!

Whether you’re wondering how to buy your first house, upgrading to a new family home , or finding that perfect vacation property, contact Landmark Realty . With their extensive knowledge of Paris and Camden, TN and the surrounding areas, our real estate experts will help you find exactly what you’re looking for. Plus, we are focused on building relationships and making sure that buying your first home is an enjoyable experience. Contact us today to get started on the search for your new home.

The Importance of Curb Appeal When Selling Your Home

Fri, 07 Jan 2022 07:02:55 GMT

If you watch HGTV, curb appeal comes up a lot! When you’re selling your home , its curbside appeal gives potential buyers their first impression of your property before they step inside. The way your home looks from outside gives buyers an idea of what they can expect inside. Curb appeal is a useful marketing tool because it can help encourage buyers to continue looking inside your home. Help your house make a lasting first impression with these creative curb appeal tips.

Curb Appeal Actually Starts on the Internet

According to the National Association of Realtors, 90% of homebuyers search online as part of their home buying process. This means that eye-catching pictures that highlight the curb appeal of your home are an absolute requirement for reaching potential buyers. Take multiple pictures of your home at different times of day and in different light conditions. Pay close attention to the background of your photos to avoid any excess clutter like cars, toys, etc. You want to be sure your home looks clean and at its best.

Add Value to Your Home with Modern Curb Appeal

Improved curb appeal will increase your property’s value and help it sell faster. Most home appraisals are based on a home’s interior condition and features, which makes it difficult to calculate exactly how much the house curb appeal adds to your property value. But on average, homes with well-kept lawns, professional landscaping, and curbside appeal sell for 7% more than similar homes without those exterior features.

Here’s a Few Curb Appeal Ideas to Improve Your Home

You don’t have to spend a fortune to improve your house’s curb appeal. There are many modern curb appeal improvements you can accomplish on a limited budget. Here are a few simple tips for improving the curb appeal of your home:

Curb Appeal Landscaping Can Be Very Pleasing to the Eye

The first thing potential buyers will see is your front yard curb appeal. Make sure the grass, landscaping, and any other foliage near the front of your home is healthy and neat. Burnt or dirt patches in the yard will make your property feel old and neglected. Water your lawn, plant some grass seed, or consider sod or artificial grass if needed. Trim your bushes or hedges and remove any that are overgrown or dying. Consider adding a fresh layer of mulch around trees or in plant beds. And finally, don’t overlook your driveway. Pull any weeds or use weed spray in the cracks. A tidy, attractive front yard will make potential buyers want to come inside and see more!

Increase Front Porch Curb Appeal with Furniture, Swings, and more

Next, take a look at your front porch or patio area. Adding a swing, chairs, or other furniture will make buyers want to sit down and enjoy the view! Does your front door look welcoming, or does it need a fresh coat of paint or even a new door? According to Remodeling magazine, a new entry door has an average return on investment of 75%, so a new door is a great investment that pays for itself. Another thing that many homeowners don’t think about is the house numbers. If your house numbers are fading or broken, replacing them is an inexpensive fix that really improves your house curb appeal.

Improve Your Home’s Exterior: Roof, Siding, Windows, etc.

There are also larger projects that will improve curb appeal, like your roof, siding, and windows. Take an objective look at your property’s physical condition—potential buyers definitely will! Many buyers will shy away from a home with obvious maintenance needs like the roof, windows, or gutters. Make the investment and repair or replace them if needed; it will really impact your ability to sell your home for top dollar. Then make sure your home’s siding is clean; power washing your siding or deck is an inexpensive task that can have a big impact.

Make Sure Your Home Has Plenty of Outdoor Lighting

Curb appeal doesn’t just happen during the daytime. You’ll also want to be sure your home is visible and looks attractive at night. Outdoor lighting is an element of modern curb appeal that many people forget. Add low-voltage lighting along your driveway, sidewalks, and near important landscaping elements. A decorative light fixture on front porch can make your entrance look warm and welcoming. There are many budget-friendly lighting options that will add curb appeal after dark.

Need More Helpful Tips for Selling Your Home? Check Out Our Blog!

Now that you understand the importance or curb appeal, take some of these simple steps to get your home ready to sell! For more helpful tips, check out the Landmark Realty blog . And contact the experts at Landmark Realty —we’ll help you sell your home fast!

Selling Your First Home? Check Out These 5 Easy Steps!

Tue, 28 Sep 2021 20:11:45 GMT

Today’s real estate market is ready for you if you are looking to sell your first home. Selling your first house with confidence is easier than you might think after you check out these 5 easy steps on how to sell a home.

1. Find a Real Estate Company to Help You Sell Your First House

Your first move should be to find a real estate company to help you sell your first house . It will be to your advantage to rely on an expert who knows what your home is worth in your area and how to price it to entice buyers. An experienced real estate agent will help you get as much money from your home as possible. Your real estate agent will be able to spot serious buyers and keep you from wasting your time with those who are not. Because agents know both sides of buying and selling a home, they are professionals at making correct counteroffers. That is why 80% of sellers report they were very happy with the results when real estate agents controlled the contract negotiations.

There will be a ton of paperwork to process when selling your first home. You will save a lot of time when the real estate company is responsible for filling out all the forms involved correctly. Here again, because your agent knows both sides of buying and selling a home, they will know all of the legalities involved with the paperwork.

Because they are in the business, a real estate agent will know how to make your home attractive to buyers. The relationships an agent has with photographers and home stagers will give them an edge on how to promote your home and the amenities it has to attract potential buyers. Real estate agents will also be your ally when you are selling your first home and buying your second.

2. Before Selling Your First Home, Complete Home Improvements

Complete those home improvements before selling your first home to cash in on a higher asking price. You might like to have a home inspection done before hiring a real estate agent . A pre-home inspection will give you a jump on unexpected repairs before an inspector finds them and discourages the buyer with his discoveries.

A real estate agent will advise you on what home improvements will bring the most bang for your buck. Solar panels, radiant heating, steam showers and professional kitchen appliances may be suggested for a higher rate of return. Home improvements can be big projects such as finishing the basement or as easy as repainting. New carpets will bring a fresh clean look to your home. Your agent will also bring to your attention the importance of curb appeal. Simple improvements like power washing the driveway, adding seasonal plants, and cleaning up garden beds will go a long way to make a good first impression

3. Price Your Home Competitively & Discuss the Price with Your Real Estate Agent

Setting the selling price correctly is very important for selling your first home. Those who accurately price their home are more likely to sell it quickly. Interestingly enough, when an offer on a house happens within the first week, the home is often sold at or above the asking price. Do your own homework and research the value of homes in your area and what they are selling for now. The knowledge you gained by comparing the values of similar homes in your neighborhood will be helpful when you discuss the price with your real estate agent. Now is when a real estate agent will be a tremendous help for showing you how to sell your first home. Your agent is very familiar with the home values in your area and is an expert with pricing strategies. Your agent’s strategies can set the stage for a bidding war.

4. Staging & Marketing Are EXTREMELY Important for Selling Your First Home

Staging and marketing are extremely important aspects of selling your first home. You will want to reach as many potential buyers as possible ; and when they view your home they should be able to picture living in the house. When the room is tidy, clean, and free of personal items, potential buyers will be able to picture their things in the house.

Potential buyers are very likely to have kids and pets as you do. If you remove extra toys, highchairs, and baby gates, buyers will be able to picture their own belongings in the home. Repair any damage pets may have caused and remove pet bowls and belongings. Your home will appear spacious and appealing even with simple staging techniques. An experienced real estate agent will have valuable staging and marketing strategies to implement. Depending upon your budget, time frame, and neighborhood, staging strategies can look different. Your agent may recommend professional assistance for staging and at other times, DIY projects will work fine.

Staging will make photos of your home more appealing for your MLS (Multiple Listing Service) listing, allowing you to market your home effectively. Investing in a professional photographer will highlight the appealing aspects of your home and produce realistic, high quality photos. To up your home marketing tactic, you could schedule a video tour. Marketing when selling your first home would also include advertising across multiple channels and scheduling a variety of showings. There are several ways potential buyers will look for a home; they may surf the web, check publications, or look for yard signs. A broad marketing plan will reach more buyers. Remote showings, private tours and open houses will make it easy for buyers to view your home.

5. Fulfill Closing Obligations & Welcome the New Homeowners!

As a homeowner selling your first home, you may not be aware of possible glitches to closing the sale of your first house. Possible glitches could be:

When the buyers home inspection report has raised red flags - If too many repairs are deemed necessary, an interested buyer may walk away. You should be prepared to negotiate.
When the buyer’s appraisal comes below the loan amount - If this happens, the buyer will need to pay the difference in cash or walk away from the deal.
When the buyer’s financing falls through - A change in employment, missed credit card payments, or new debt can cause the buyer’s loan to be denied.

Finding an experienced real estate agent (step #1) will be the foundation to the success of selling your first home. Your agent will continue to guide you through the final step of fulfilling your closing obligations and welcoming the new homeowners.

Closing obligations include:

Completing repairs and obtaining any required certifications
Submit property disclosures
Reviewing expected closing costs
Signing documents
Handing over the keys
Closing the transaction
Move out

Now you are in the position of buying your second home- Congratulations! You also now have a trusted advocate in your corner for selling your first home and buying your second with a real estate agent to watch your back and make sure the home buying process goes as smoothly as selling the first home.

Ready to Sell Your First House? Landmark Realty is Here to Help

When you are ready to sell your first home , Landmark Realty is here for you. Landmark Realty and Auction is committed to building lasting relationships by looking out for your best interest when buying or selling a home. We are committed to equipping you with valuable information and assistance for all your real estate needs. With our help, you will get the most out of your home’s value and will sell your first home fast.

The Importance of Home Inspections: Everything You Need to Know

Wed, 25 Aug 2021 19:10:45 GMT

The seller’s market in the real estate industry today has created a contest for home buyers. Today, we don’t talk about how many “days” a home has been on the market; rather we speak about how many “hours” a home has been on the market . The buyer with the most cash who jumps the quickest seals the deal. To jump the quickest, some home buyers are cutting corners to win the prize. If you skip a home inspection to expedite the close, you could sadly be reminded of your poor decision for years.

A home inspection from a professional will bring to light problems with a home you may not have noticed. The importance of home inspections cannot be stressed enough because it will protect you from unfavorable surprises in the future. When problems are found, you could require the seller to fix them before you buy, or they could reduce the selling price to cover repairs. You may choose to avoid the issues altogether and look for another home, but the home inspection cost just saved you from a more costly mistake.

Become an informed buyer with an unbiased professional assessment of the home you are interested in buying; the cost for a home inspection is worth the price and will save you from a decision you could regret.

So, What Happens During a Home Inspection?

A home inspection is similar to taking a used car to a mechanic so s/he can check it out before you buy it. A professional home inspector will point out visible repairs that are recommended and will spot potential problems that are not seen. You certainly would want to stay clear of a home with foundation or electrical problems.

You don’t need to be present for the home inspection but it would be a great learning experience. You could shadow the inspector through the inspection process, asking questions, jotting down notes, and taking pictures. You are about to make a major investment that will affect your finances, so the more you know- all the better.

It’s important to know that a home inspection is not a written guarantee that the house is in good condition. Essentially, a home inspection is a professional report of the condition of the house so you can make an informed decision when buying a home.

What Does a Home Inspector Look For?

So, what happens during a home inspection?

From the outside, a home inspection will check physical structures such as the roof, attic spaces, garage, foundation, and the driveway. Structural soundness from the inside will also be a part of a home inspection. The floors, windows, doors and walls will be inspected for cracks, water damage, and other signs of trouble.

Home inspections will carefully check utilities and essential systems needed for a well-functioning home. You will receive a detailed report of the electrical lines and the gas service. Faucets will be tested to check the water flow along with the cold and hot water output. Included with a home inspection will be a basic performance check of major appliances including the fridge, dishwasher, stove, and toilets.

As a home buyer , it’s important to know what a home inspection does not cover. A home inspection report does not cover issues connected to mold, asbestos, radon gas, lead paint or pest damage such as termites. If any of the above problems are suspected, a specialist for those areas should be consulted.

How Much Does a Home Inspection Cost?

Just to give you a “ballpark” idea for a home inspection cost, the national average is around $330. As with most estimates, the cost will vary according to your location and the size of the house. Ask friends, family and neighbors who they would recommend for a home inspection and while searching for a recommendation you will also get a better idea of how much it will cost you.

A home inspection is just one more thing to pay for when buying a house ; and it’s tempting to skip the task to save a little more. But knowledge is power and for a home inspection, that knowledge can save you thousands of dollars in future repairs. Put yourself in charge and hire your own home inspection instead of relying on the seller to pay; the inspector will be accountable to you this way.

How Long Does a Home Inspection Take?

It usually takes around 2-3 hours for a home inspection to be completed. Older homes and larger homes will require more time to thoroughly inspect. The importance of a home inspection is well worth the time it takes to complete. If you follow the inspector around for the home inspection, you will know where important home features such as your water shut-off valve and electrical box are located.

What Should You Do After Receiving Your Home Inspection Report?

It can take several days to receive the report from your home inspection. Read the complete report once you have received it. A summary of the report will describe any problems and safety issues that were discovered. You may be alerted to problems that will require additional investigations. Your home inspection report will assist you in negotiations with the seller for repairs or credits for before the final sale.

Ready to Buy or Sell Your Home? Contact Landmark Realty Today!

Home buyers and sellers alike should always get a home inspection. The home you wish to buy may look beautiful and perfect- but is it really? A home inspection will protect a buyer’s investment . For home sellers, a home inspection will eliminate any roadblocks to the sale and new repairs or replacements can justify a higher selling price.

Landmark Realty and Auction is committed to building lasting relationships by looking out for your best interest when buying or selling a home. We are committed to equipping you with valuable information and assistance for all your real estate needs. As your advocate, we are here to help you buy or sell your home right away – the right way!

5 Tips to Sell Your House FAST in a Slow Real Estate Market

Tue, 18 May 2021 21:04:26 GMT

The perfect scenario for every seller is to sell a house fast at the perfect price during the perfect time of year, leaving a happy seller and buyer in the wake. Yet, life happens and there are times when the decision to sell a home is practically made for you. A new job, relocating for a parent you need to care for, financial reasons. The perfect time might not be possible, but the perfect price and selling fast can still be within reach.

If the housing market happens to be slow at the time you need to sell a house, you’ll need some practical tips for getting a house ready to sell. And, as well, you’ll want tips on how to sell your house during a slow market. Here is some creative advice you can take to the bank right along with the coveted SOLD sign.

#1 Sell Your House at The Right Price

One of the most important factors for getting a house ready to sell is pricing your house right.

Price it too high and you could short yourself; too low and a house sitting on the market too long is damaging for salability. This step is even more critical when the real estate market is slow. Anytime you sell a home, you must:

Be realistic
Be competitive
Know the price range surrounding the property’s area
Be willing to negotiate fairly for the buyer, but be firm for yourself

If you truly want to sell fast in a slow market, be sure the price you set for your home is set at best value within the standard price range of the area. Having a trusted real estate agent is key in being able to gather comparable sales (comps) in the same area of your home. The main purpose of comps is to help determine the best price along with other factors such as the current market, interest rates, and location demand. A good real estate agent will always steer you right.

#2 Make Home Improvements Before Selling Your Home

If you want to go above and beyond on how to sell your house quickly in a slow market, start with making home improvements. You’ll increase buyer’s interest in your home, making it a more competitive sell. Having a higher number of interested buyers will give more negotiating power. The best home improvements increase property value, but there are several low-cost improvements that will help sell your home quicker too.

Major home improvements that have the greatest appeal include:

Updated HVAC system .
New roof.
Adding a deck or a newly remodeled room.
Finished basement.
Updated siding .
Adding additional living space such as converting a basement to a bedroom or adding a bathroom.

Minor, cost-friendly home improvements:

Repaint walls with neutral colors. You may love that accent color, but buyers that don’t, won’t take the time to envision what the space *could* be for them.
Touch up scuff marks throughout the house.
Tighten up loose handles, door knobs, and joints.
Add curb appeal with simple landscaping by planting attractive bushes or flowers and cleaning up outdoor spaces.

While you’re working with your agent on the sale price, be actively preparing your home to increase salability.

#3 Stage Your Home When You're Trying to Sell a House

There’s actually a bit of theatrical staging you need to do when you’re getting a house ready to sell. Theses are non-negotiables.

Declutter . If your closets are overflowing, cut them back to the basics. Remove stacks of papers, schoolwork, bills, etc. Leave countertops, desks, and tables cleared off and undecorated. Add a table cloth if the tops happen to be scuffed too much.
Depersonalize the space. Taking down family photos and cutesy refrigerator magnets allows buyers to envision their own belongings within each room.
Just enough neutral décor , but not too much. Keep it simple is the jeweled rule. You’re going for a pleasant look to leave viewers feeling good about the space they’re in.
Add plants around the house. Plants give any space a homey feel.
Add neutral, pleasant scents . Bad odors will deter a buyer quicker than you can blink. When you live in the space, it can be hard to know if your home is scented just right. This is particularly important if you have pets. A good agent is very helpful in this realm to give objective feedback.
Clean, clean, and clean again ! Deep cleaning is a must before showing your home to prospective buyers. This is a step you cannot skip.

#4 Have Professional Pictures Taken of Your Home

Some realty companies offer this with their services, but either way, professional pics are a MUST! In today's digital world, photos are everything. One internal study done through IMOTO had show that listings using professional photos sold 50% faster than similar homes in the same area that used amateur photos. To boot, the listings sold 39% closer to the original listing price.* Professional photos are more appealing because they’re focused, taken with the best lighting, and are framed then edited to highlight the best angles of each room and exterior.

#5 Work with the Top Real Estate Agents in Your Area

Working with an experienced real estate agent from your area will give you the best shot to sell a home fast at the perfect price. They have better reach into the market, access to more buyers which leads to more viewings, and are able to guide you personally through the process of getting your house ready and how to sell your house fast. Do your research to find the right agent in your area. Learn about their selling history and ask around about their reputation. Find one that fits the bill – experienced, knowledgeable, active, friendly.

Contact Landmark Realty if You're Looking to Sell a Home in Paris, TN or Camden, TN!

If you’re looking to buy or sell in the Paris, TN or Camden, TN, and the surrounding areas, then look no further than Landmark Realty! As the leading real estate agency in the area, we are committed to delivering an outstanding home buying and selling experience with the intent of building lasting relationships. Contact us today to talk with one of our friendly agents at Landmark Realty. Call our Paris location at 731-642-0515 or Camden at 731-584-7777.

When is the Best Time to Sell a House or Buy a House? It’s Time to Find Out!

Tue, 18 May 2021 20:46:17 GMT

If you’re in the market to buy a home or sell a home right now, then you know how last year’s housing market boom has spilled into this year. Fantastic news for sellers; maybe frustrating for buyer’s.

For many years, the rule of thumb has been to wait until the flowers begin to bloom to list homes for sale. The best time to buy a house really depends on your situation and goals. Even with a competitive housing market, there are several approaches both buyers and sellers can take. Armed with solid information from the top real estate agents of Landmark Realty, you’ll be better equipped to take on your endeavor to buy a house or sell a house in these interesting times of 2021. Here’s what you need to know.

The Impact of COVID-19 on the Housing Market

In spite of the slowing economy last year, the stay-at-home orders across the nation, and, well, a crazy, scary 2020 in general, experts are expecting homes for sale and the frenzy from last year to extend into this year’s market. You may wonder what on earth has happened for home listings to be so scarce right now.

Over the past year, people certainly ended up with a considerable amount of extra time on their hands. Homeowners and new buyers alike began to explore their possibilities with more serious intent. What they wanted in a home, whether to upgrade in the same area, or relocate to a whole new region. They had more time to think about when the best time to sell a house or the best time to buy a house might be.

All that thinking turned into action. Add to that lower interest rates, which helped increase buyers’ budgets, and now we’ve landed in a seller’s market. The demand of homes for sale is currently exceeding the number of home listings on the market. In short, there are far more people looking to buy a house, than sell a house. So if you’re ready to sell your home, chances are, now is a great time to put it on the market!

When is the Best Time to Sell a Home?

Spring has historically been the best time to sell a home and that really hasn’t changed much. Tax refunds burn a hole in buyers’ pockets. The weather tends to be ideal for viewing homes. Summer break is around the corner, which makes moving much easier. During the springtime, you’ll have a better chance of getting your asking price or even more than asking price if the competition is fair.

This year’s uptick in home listings and transactions has definitely bucked the trend though. Right now, interest rates have still encouraged buyers to get off the fence and buy, but the lower rates won’t be around forever as they’ve recently begun to bounce a little higher. If you’ve been pondering selling your home, it’s worth taking the time to call the top real estate agents of Landmark Realty right away to explore your options before the market shifts. Our experts can help you make an informed decision and make your selling experience a smooth and happy one. Call either our Paris location at 731-642-0515 or Camden at 731-584-7777.

When is the Best Time to Buy a Home?

When to buy a house really depends on your focus. Springtime offers a great experience usually having the highest inventory to view. But you’ll likely be dealing with more competition because there’s a greater number of buyers to go along with it. More options; less negotiating power. Home prices are generally higher between March and May as well. It’s a juggle.

Fall and winter tend to have fewer options but offer greater flexibility with pricing and negotiations. Your best bet for maximum benefits is late summer, around August. You’ll find a decent inventory while benefiting from sellers lowering their prices to sell before fall/winter.

Of course, there are so many other factors that will go into your decision to buy a home. Your job, your kids’ schooling, finances. The experts at Landmark Realty are here to help you navigate your needs and the market to help you find the home of your dreams, no matter what the time of year.

The Best Way to Buy or Sell Your Home... Contact Your Local Real Estate Agents!

Your local real estate agents will have all the information you need regarding your local real estate market. If you’re looking to buy, they quite often know of properties that haven’t even been listed on the market yet! And if you need to sell, a top local agency will stay current on the latest trends in the markets and what’s going on in the world of financing. Don’t take on this adventure alone!

Looking to Buy or Sell a Home in Paris, TN or Camden, TN? Get in Touch with Landmark Realty!

As the top real estate agents throughout the area, we are committed to serving you. Our hope is to help you have an amazing home selling or buying experience with the intention of building relationships that last. Call today and talk with one of our helpful agents in either our Paris location at 731-642-0515 or Camden at 731-584-7777. If you’re looking to buy or sell your home in the Paris, TN or Camden, TN, and surrounding areas, then look no further than Landmark Realty!

How 15 Year Refinance Rates Can Help You Save BIG!

Tue, 19 Jan 2021 21:13:30 GMT

Your home is often your biggest investment, so in most cases, you’ll need a mortgage to help with this important purchase. When you think about mortgage loans, the 30-year variety usually comes to mind first. But there can be HUGE savings for you by considering a 15-year mortgage loan instead. It’s obvious that choosing a mortgage with a shorter term will result in having your home paid off twice as quickly. But did you know that 15-year mortgage refinance rates are generally less than longer term loans? This means the potential for big savings—not only are you paying a lower rate, but you’re also paying a bigger portion of your monthly mortgage payments to the loan’s principal balance.

A 15-year mortgage loan isn’t for everyone. You should expect that your monthly payment will likely increase because you’re paying the loan back over a shorter period. You should also keep in mind that the extra money you’re spending on your mortgage payments could earn a greater rate of return if it was invested elsewhere. You’ll also have less mortgage interest paid that you can potentially deduct on your taxes.

Here are some questions to ask yourself when considering a 15-year mortgage loan:

Can you afford a higher monthly payment?
Will spending more on your mortgage each month deplete your emergency savings?
Could you invest the money elsewhere and earn a higher rate of return?
Do you have outstanding credit card or other debt that you should pay down first?
Would it make more sense to simply pay extra on your current mortgage?

After taking these things into consideration, if a 15-year mortgage loan makes sense for you, it has the potential to put a lot of money into your pocket!

Advantages of a 15 Year Mortgage Loan

If you’re looking at home loan refinancing and you decide that a 15-year mortgage loan is right for your situation and budget, there are many advantages to this strategy. It’s important to remember that 15-year refinance mortgage rates tend to be lower than 30-year mortgage rates. Not only will you have a lower interest rate, you will also be paying interest over a shorter period. In most cases, the monthly payments for your 15-year mortgage loan will be higher than for a 30-year loan, but the total interest paid over the life of your mortgage loan is substantially less. For an average homeowner, a 15-year mortgage loan can save you thousands in interest! You will also build equity more quickly, which is helpful in case you need to access that money for an emergency situation via a home equity loan or line of credit.

It’s also important to note that each home loan refinancing situation is different. Depending on your original loan and the 15-year refinance rates, it’s possible your monthly mortgage payment may actually be lower when you refinance with a shorter term. Each situation is different, so you’ll want to speak with an expert to know for sure.

How to Know You’re Getting the BEST Home Loan Refinancing

A mortgage loan is a big commitment, so if you’re considering home loan refinancing, you’ll want to be sure you’re using the best possible strategy for your situation. You don’t have to handle it yourself, there are experts available to guide you. If you don’t have a personal financial advisor, consider contacting a local real estate agent. Real estate companies have tons of experience with mortgages—they’ve seen it all. A local real estate agent can generally help with the expert advice you’re looking for to understand the best direction to take for your situation and budget.

For More Helpful Mortgage Loan Tips, Visit Our Blog!

Landmark Realty has experience with many types of homes and mortgages, and we want to share our knowledge with you. Visit our blog to read more about what we’ve learned over the years.

What to Know About FHA Loans and Imperfect Credit

Tue, 19 Jan 2021 19:54:56 GMT

If you’ve had challenges with your credit, you may think that the dream of being a homeowner is out of reach. But here’s some good news—it’s still possible to qualify for a mortgage if your credit is imperfect. FHA home loans are mortgage loans backed by the Federal Housing Administration, which means that customers with lower credit scores are also able to qualify. For conventional loans, most lenders require a credit score of at least 640 and a down payment of 5% of the price of the home. But for FHA loans, the minimum credit score is 540 and you can make a down payment as low as 3.5%.

Don’t forget—your credit score isn’t the only requirement. You will still need to meet income and financial requirements to qualify. But it’s absolutely possible to buy your dream home when your credit score isn’t as high as you’d like.

Applying for an FHA Loan with Bad Credit

If you’re ready to apply for an FHA loan bad credit, but you’re concerned about your credit score, there are a few things you should do before you start the loan process. Making sure you’ve taken these steps will help you put your best foot forward when you apply for your FHA mortgage loan.

Applying for an FHA Loan with Bad Credit

A credit score is a number between 300-850 that represents a person’s creditworthiness. Your score is based on a number of factors including credit history, number of open accounts, payment history, total debt, etc. Lenders use credit scores as a way to help them anticipate the likelihood that you will repay your loan on time.

There are three national credit reporting agencies—Experian, Equifax, and TransUnion. By law, you are entitled to one free copy of your credit report every 12 months from each of these agencies. There are also several companies who will provide you with information from all three agencies in one report. The option authorized by the Federal Trade Commission (FTC) is www.annualcreditreport.com . Just be sure you’re using a reputable company, since you’ll need to provide your personal information to obtain your report.

Knowing your credit score is the first step in understanding whether you may be able to qualify for an FHA mortgage loan.

Research What Type of FHA Mortgage Loan You Can Afford

Many mortgage lenders, even FHA lenders for bad credit, will offer a higher mortgage loan amount that you can afford. People are sometimes surprised by the amount the lender offers! But just because you’re offered that amount doesn’t mean you can actually afford it.

Before you enter a FHA Mortgage Loan agreement, it’s important to look at your finances to see how much housing expense your budget can accommodate. You’ll want to be sure you can comfortably afford your mortgage payments, along with paying all your other bills. Keep in mind that your monthly mortgage payment will also include more than just the cost of the house; it can also include things like homeowner’s insurance, property taxes, and mortgage insurance premiums.

Save Up for a Down Payment: Decrease your FHA Home Loan

A huge benefit to using an FHA mortgage is the lower down payment that is required. It’s important to know that you can increase your FHA loan approval chances by making a down payment that’s above the minimum amount. It may be worth waiting a few months to save up additional down payment funds before you apply for your FHA home loan. Plus, making a larger down payment will save you money in the long run because you’ll borrow less money and pay less interest over the life of your loan.

Have Questions About Financing a Home? Landmark Realty Can Point You in the Right Direction!

Real estate agents like those at Landmark Realty are not mortgage lenders, but they have lots of experience with finding financing. If you have questions about the best mortgage financing for you, please give us a call. We have experience with many types of homes and mortgages and can help you find the right home financing options for your situation.