UPDATE: As of May 9, 2017: Tennessee Senate Bill 1086, which would have curtailed Nashville’s ability to regulate short-term rentals locally, did not move forward in the Tennessee Senate today because it lacked the number of votes needed to pass. It may be considered again in January 2018. With Nashville’s booming real estate market, I’m sure[…]
Are you ready to buy? Have you gotten to a place mentally and financially where you’re ready to make the transition into home ownership? Home ownership is a risk and an investment that can provide many rewards over time. It’s important to be realistic and honest about your expectations for ownership because owning a home[…]
Whether it’s your first time buying a home or you’ve bought many times before, you’re bound to have some reservations about what you’ve just “done.” Many times after making any type of significant purchase, buyers have feelings known as “buyer’s remorse.” These are feelings of doubt, guilt or uncertainty. No matter how experienced you are,[…]
Every four years, Davidson County, Nashville, Tennessee conducts a property value reassessment or reappraisal. This means that those of us living and owning in Davidson County are due for reappraisal in April 2017. In case it was unclear by all the crane activity and break-neck sales pace we’ve seen over the past 5 years, Davidson[…]
But Zillow says my house is worth… How many times have I heard this?!? Have you read this article? Fast forward to the image caption: Zillow CEO Spencer Rascoff, shown in his downtown Seattle office, says Zestimates are “a good starting point” but that nationwide Zestimates have a “median error rate” of about 8%. (Ellen[…]
Many home loan programs have raised their credit score requirement to a score of 640 and above. If your credit score is lower than you’d like or lower than this minimum threshold, and there aren’t any errors on your report, there are several steps you can take to improve your credit score. Keep in mind,[…]
Ok, so now you know What Credit Is and Why You Should Care. Hopefully you’ve learned some things and you now want to know how to repair your credit. First you have to want to repair your credit. This is huge, because many people don’t want to put in the work to clean up their[…]
Now that you know what credit is, you might be wondering why you should care. Mistakes are just that- mistakes, they shouldn’t have a big impact, right? Negative reporting to any of the three credit bureaus will negatively affect your score. Negative information such as slow pays, missed payments, and collections will follow you on[…]
RISMedia wrote a great 10 Discipline article on building wealth Have you thought about what wealth actually means to you? In the conventional sense, you may think money. Wealth or being wealthy encompasses so much more than just money in the bank. Sure, money is a big part of wealth, but health, family, goal setting[…]
As part of your loan package, you will required to have a termite inspection performed on the property. This is to ensure there are not live termites eating away at your investment. If there is evidence of previous termite damage, the inspector will note is there is current activity. It’s also likely your homeowner’s insurance[…]