Nashville Real Estate Blog - Blog Archive: January, 2019

information relating to real estate in Nashville Tennessee

Nashville Real Estate Blog - Blog Archive: January, 2019 Close
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January 2019

Found 13 blog entries for January 2019.

What to Know About the Capital Gains Tax When Selling a HomeWhen you are engaged in a transaction as large as the sale of a home, you need to make sure that you have all your bases covered. A lot goes into the process of selling a Nashville condo or house: You've made agreements with your buyer when it comes to things like closing costs, you've negotiated contracts and inspections and appraisals, and now the sale has gone through. However, is there a chance that your profit will be reduced at the end by capital gains taxes?

What is the Capital Gains Tax?

Every seller needs to at least keep capital gains in their minds when planning the sale of the home. But how does capital gains tax work? How are capital gains taxed? The capital gains tax is a tax American homeowners pay on any profits they earn,

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Installing Tech to Sell HomeEveryone seems to be into home automation these days. Sellers often want to know if their home would be more appealing if it had some smart technology. Here’s how to decide whether or not to add a few tools to your home as a benefit to buyers.

What Is Smart Technology?

In essence, smart technology is the ability to have technology to do a portion of your thinking for you. Smart tools should generally have a couple of functions. The first will be to perform its job as specified. For example, with a smart thermostat, you should be able to set a temperature and expect it to work as instructed. Smart technology can also do more, however. Smart tools should, at least in theory, be able to make some decisions on the homeowner's behalf. A smart

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How to Decide Whether or Not to Sell a Condo Furnished or UnfurnishedThinking about selling a condo? A wide range of buyers are being attracted to condo living in metropolitan regions across the country, and for condo owners willing to sell, it can be potentially profitable, as people of all ages and walks of life can find the low-maintenance, urban lifestyle of condo living to suit them perfectly. They may be looking to downsize both their available space and the hassles of performing maintenance on a home.

With all these buyers interested in your condo, you can get the best price for your place as you can, then move on to a different residence. Yet one of the issues you have to decide on is whether you want to sell the condo furnished or unfurnished. Will the condo sell better if it is furnished? Should you

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Five Ways to Winterize a HomeHomeownership comes with many benefits, however, those benefits come with their own responsibilities that homeowners should continuously be aware of. During the wintertime, keeping the warm air in and the cold air, snow, and ice outside takes planning. These aspects of the home call for additional preparation as the weather turns cool.

What Damage Can Winter Weather Cause to a Home?

Some of the different ways that winter weather can damage a home include:

  • Freezing the pipes - Frozen pipes can burst and cause major water damage inside and out
  • Broken tree limbs - Ice and snow build up in the trees, causing limbs to break and potentially damaging the home
  • Roof damage - When snow is left to sit on a roof, particularly one that already
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5 Steps to Refinance a HomeAlthough homeowners are not required to refinance the mortgages on their homes, many people choose to do so after a few years. Refinancing a mortgage can allow homeowners to eliminate private mortgage insurance, lower their interest rates, or make a plan to pay off the mortgage sooner than the original loan. Although the home purchase is already secure, people may discover that refinancing is a little like obtaining a mortgage. Here's the process homeowners will likely follow as they pursue refinancing, with some advice to make the experience a bit easier.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

1. Evaluate Current Credit Usage and Overall Debt

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Can Solar Panels Help You Sell Your Home?Everyone wants to save money, right? And most people are concerned about the future of energy—and the future of the planet.

The move to solar as a source of energy to power your Nashville home and reduce your monthly bills makes a lot of sense. After all, the cost to install solar panels has dropped substantially in the the last five years, making it a much more feasible investment for homeowners. In many areas, the option to return excess power to the grid for credit, termed net metering, is an added incentive.

But will solar panels add value to your property? Will they help attract buyers, and will those buyers pay a premium for the panels on your roof? The short answer to those questions is "yes," according to numerous studies.

The

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Tiny Home Trends Are tiny houses the trend of the future? Are micro apartments even livable? What does the future hold in terms of size and price?

The American family home has increased substantially in size in the past 40 or so years, according to the U.S. Census Bureau.

In that same period of time, the number of persons per household has decreased, so no matter how you look at the statistics, the average space each person in this country occupies, has increased in the years since 1973.

In that year, the average single family home contained just 1,660 square feet. In 2015, the average was 2,687 square feet. In 1973, the average family size was 3.01 in that average home.

Now? The average is down to 2.54 in the average house. The median numbers show

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Not all home improvements are good investments: Here are 4 bad onesStriking a balance between home renovations that enhance the enjoyment of living in your home while also adding value to your home can be tricky. In order to achieve the highest return on dollars spent, it's important to know which home improvements best retain their value and attract prospective buyers. There are some common home improvements that are worth considering.

Backyard Pools

Pools are luxury items, and installation price is sometimes only the tip of the iceberg. Ongoing maintenance and upkeep boost the cost over time, and heating a pool can be quite expensive and the initial thrill of a backyard pool tends to fade quickly. Pool season is typically limited; heating costs can be a burden. Add the cost of landscaping and outdoor

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The Best Thai Restaurants in Nashville, TN

Anyone who needs to liven up their day may stop for Thai food during their lunch hour, while those who love to enjoy a spicy meal that is filled with flavor from across the globe may prefer to grab an authentic Thai dish for dinner with friends. It seems there's always a good occasion to grab Thai food in Nashville, where there is no shortage of excellent restaurants featuring traditional and contemporary Thai meals.

These are the best Thai restaurants in Nashville TN:

International Market and Restaurant

International Market and Restaurant is a Thai restaurant that offers both dine-in and takeout for its customers. A popular place among the students who are studying in Nashville, this restaurant has long been considered one of the best

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What to Watch for When Entering the Real Estate MarketHome buyers entering the real estate market should be aware of certain market conditions and trends before they consider making any offers. Understanding the real estate market can help home buyers make good decisions that will lead to a successful home purchase. If you're a new home buyer who is just now entering the market, here's what you need to know about the areas where you're trying to buy a home.

Buyer Competitiveness

A home seller's market is a market condition that occurs when inventory is low, prices are high and buyers must compete against one another to make a successful home purchase. Under these circumstances, sellers must make their offer quickly. Negotiating for a lower price is not usually an option in a seller's market.

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