Nashville Real Estate Blog | Page #38

information relating to real estate in Nashville Tennessee

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Nashville TN Real Estate Blog

Fireplace Maintenance Tips for HomeownersA fireplace can be a beautiful focal point in a room. They can also be a great selling point when putting a home up for sale. Lit on a chilly night, the fireplace can make your home seem warm and cozy. Fireplaces can also be a hazard, if they're not well-maintained. If you're a homeowner with a fireplace, here's what you need to know about keeping your fireplace functional and safe.

Why Fireplace Maintenance is Important

When not properly maintained, fireplaces and chimneys can pose a fire hazard. Loose bricks and stones can fall off of poorly maintained chimneys, potentially damaging the roof or injuring people below.

Seek Professional Inspection and Cleaning

Fireplaces that are used regularly can develop a buildup of creosote, a

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How to Tell the Difference Between Contemporary and Modern Architectural StylesContemporary and modern home styles can be confusing to the average person. Contemporary homes may have been built at the same period as that of a modern home and may draw upon the same elements seen in modern homes. Modern homes often include specific materials that only became available for home construction after WWII, while contemporary homes, including new construction homes, can mix and match elements from different architectural styles and are more likely to include natural materials, like stone or wood.

If we compare contemporary home design with those of a more modern style, we see both how they are alike and how they may be different. Popular features that may be seen in both modern and contemporary homes are an emphasis on natural light

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What Is a Jumbo Loan? An FAQFor home buyers seeking a luxury home, jumbo mortgages are the easiest way to borrow a lot of money for a property. Jumbo loans create greater risk for the lender. Because of this additional risk, qualifying for a jumbo loan can be more of a challenge. Knowing what a jumbo mortgage is, what it takes to qualify for a jumbo mortgage and what kind of risk is involved can help the home buyer decide if a jumbo mortgage is right for them.

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

What Is a Jumbo Loan?

A jumbo mortgage is a mortgage that is higher than the conforming loan limit of $417,000. Jumbo loans are usually used to acquire luxury properties. Often,

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Property Taxes and How They Influence Home BuyingPurchasing a home is no small task, and between closing costs, down payments, and monthly mortgage expenses, it might seem that buying a new home costs more than you thought. Anyone who has owned a home for a while knows that the list of expenses never really goes away, and there's one important item to remember even when your Spring Hill home is paid off and all repairs are complete: property taxes.

The How And Why

Even if a person owns their home outright, they still technically don't own the land it's on without ever having to make a payment to their local government. Property taxes in the United States date back to colonial times, in which colonials made payments to the King of England for the use of the land.

In today's context, property

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Pricing a Home to Sell QuicklySelling a Nashville home is almost always a good thing - it means moving on to a property with better space, finally getting that dream house, and maybe even making a lot of money in the process. When it comes time to decide to sell, estimating how much profit you can make typically has a large influence over the asking price that's determined. Yet, the concepts of asking price and selling price can be more complex than just picking a number. Let's find out why.

Additionally, it's crucial to get the pricing just right when you're selling your home. Pricing your home too high or too low can result in lost profits and delays during the home selling process. Knowing how to get the price just right can help ensure that you'll have a good home selling

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How to Plan for Private Mortgage InsurancePeople who put a down payment on a home of less than 20 percent are typically expected to pay private mortgage insurance. With an understanding of the reasons for private mortgage insurance and the average costs, buyers can better prepare for their PMI obligations.

What Is Private Mortgage Insurance?

Buyers who have a significant stake in the equity of the home are, in many lenders' eyes, more likely to make their mortgage payments on time. However, demanding a 20 percent down payment is an onerous obligation for a lot of buyers, especially those seeking a first home. In many areas, such regulations make it harder to ensure a healthy real estate market. As a result, lenders have adjusted their requirements to make some accommodations to buyers

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Addressing Pest Problems When Selling Your HomeUnless people are looking for a fixer upper and looking to snap up a low-cost home, the average homebuyer wants to visit a potential home and envision themselves living there with few, if any, repairs. Many desire move-in ready condition and their ideal space does not generally include cockroaches, termites, water bugs, rodents or other pests. When a potential homebuyer is looking for a home, signs of a pest problem can be a huge turnoff. It can take longer to sell a home and get full value for it when it is infested with pests.

Understand why earlier is better when it comes to taking care of a pest problem in your home.

How Long Will It Take to Sell Your Home?

Unless your home is in tip-top shape, it can take more time than anticipated to

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Where to Go in Nashville in August

Nashville has some of the hottest events any month of the year, but August might just take first place for the literal definition of the term. The long days and plentiful sun make it easy to let loose and really feel the spirit of the summer. Thankfully, this city is full of people who want to make it easier to kick off those heels. Those planning out their summers in advance will want to keep the following Nashville, TN August events on their radar.

Tomato Art Fest

With so much color in the many tomato varieties of the world, it's a wonder we need a festival to celebrate their artistic qualities. Guests will find some exceptionally creative works at the Tomato Art Fest, along with food, contests, and music. Visitors can try their hand in a

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How to Make a Budget When Buying a HomeBefore you can buy a home, especially a first home, you'll first need to answer questions such as, how much can you afford to spend? What homes are in your price range? How much cash will you need to make the purchase? Knowing the answers to these questions can help you decide if you're ready to buy a house.

If you're not ready to buy, you may need to spend some more time saving before you can purchase a property. These tips will help you get started with your home-buying budget.

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

Look at Homes

Get a sense for how much you can expect to spend on a home by looking at properties in areas where you want to

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How to Make Land Sales More Appealing to BuyersA somewhat surprising fact about selling real estate is that it can be far more difficult to find a buyer for a piece of vacant land than it is for most types of existing homes. The reasons for this are many, but often they are related to either the location of the land or the amount of work or expense that might be necessary to improve vacant land for a specific usage.

In recent years, however, a combination of extremely low interest rates on savings accounts coupled with fluctuations in the stock market have helped to increase interest in the purchase of land as part of an investment strategy. These conditions may seem negative, but they can be good news for land owners. If you currently own vacant property that you would like to sell, the

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