Buying a rental property in Tennessee may be an effective way of diversifying your investment portfolio. Of course, there are many variables that you must consider before deciding if owning an investment property is right for you. For instance, if you aren't handy,...
Real Estate
What to know about real estate closings
When your offer to buy a Tennessee home is accepted, it represents the beginning of the closing process. Over the next several weeks, you will need to obtain a mortgage, have the home inspected and take steps to ensure that the title to the property is valid. You may...
Protecting your interests when purchasing a home
When you try to buy Tennessee residential real estate, you may need to use certain methods or tactics to protect your interests and make sure things work out in your favor. Likewise, anyone trying to sell a home has to tell you certain things about it to make sure you...
Buying a home? Here’s why you might want a lawyer.
If you are buying a home in the state of Tennessee, it may be best to do so with the help of an attorney. An attorney may be able to help you review the terms of the purchase contract before it goes into effect. This person may also conduct a title search to ensure...
What is fair housing?
When buying a home, you may hear about the Fair Housing Act and wonder what it is and what it means. The U.S. Department of Housing and Urban Development explains this act ensures there is no discrimination in the home buying process. It also applies to other types of...
Steps to prepare for a smooth real estate closing
Whether you are buying a new home for your family or a property to rent as an investment, closing on a real estate transaction can create stress. You can reduce the uncertainty of the time leading up to real estate closing with careful preparation. Take these steps to...
3 ways commercial closings differ from residential ones
Investing in commercial real estate is one of the more effective ways to achieve the American dream. After all, you may either operate a lucrative business from the property or lease it to someone else who does. If you are new to the commercial real estate game,...
What is the difference between the deed and the title?
When it comes to buying or selling a house, there are a lot of terms with which you may be unfamiliar, especially if you have never dealt with real estate before. Two terms that often cause confusion are "deed" and "term." According to HomeLight, many people will use...
Tennessee’s Great Choice Home Loan program for first-time buyers
From securing an affordable mortgage to covering down payment and closing costs, first-time homebuyers face a variety of unique financial challenges. That is especially true for buyers with only a modest income. In Tennessee, the state Housing Development Agency...
What to expect from the home closing process
You searched for the perfect home and finally found one. You put in your offer and waited with bated breath until the seller accepted your offer. Now, it is finally drawing near: your closing day. You probably feel many emotions, including eagerness, uncertainty and...