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Approximately 25 percent of real estate practitioners say low appraisals have broken up deals, according to the NATIONAL ASSOCIATION OF REALTORS ® . While foreclosed properties typically are not included in a comparable sales analysis, they account Read More...
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The 2010 plan to encourage energy efficiency is the government rebate for appliance buyers. The plan lets people swap their old appliances for new energy-efficient models at very low prices. Here are some things to keep in mind: · State plans vary Read More...
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Fewer Americans moved in 2009 than any other year this decade, the U.S. Census Bureau reported this month. Population also grew less this year than any other year since the turn of the 21st Century. It reached 307 million on July 1, up less than 1 percent Read More...
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Sellers who get more than one offer should be aware that the highest offer isn’t necessarily the best offer, say experienced practitioners. In this tough market, going with the buyer who has enough cash to pay a large down payment and who won’t Read More...
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A homeowner found himself in a bind last year after moving to Atlanta for a new job. He couldn't sell his condo for what he owed on the mortgage. And he couldn't find a renter who would pay the $730 per month mortgage payment plus $150 per month Read More...
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All I can say is, they must be pretty happy, because everyone I know LOVES the Nashville area and Hendersonville, Tennessee! Daily Real Estate News April 7, 2009 10 Happiest States in the U.S. Money can’t buy happiness, but it can make life a whole Read More...
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Feddie Mac reports a drop in the 30-year fixed mortgage rate to 4.98 PERCENT during the week ended March 19 from 5.03 percent the prior year, marking the lowest rate since 4.96 percent in mid-January. Experts say rates could fall further in response to Read More...
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…at least according to the Washington Post and the Mortgage Bankers Association . Although there have been, and will continue to be, variations from week to week, experts predict rates will remain low for a while, but won’t go very much lower. Read More...
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I know you haven't seen anything in the news about this... ...end time signs, I believe. Please pass this on. Take 9 minutes and watch this video below. Try to watch it before it's pulled from YouTube . http://www.youtube.com/watch?v=vuBo4E77ZX Read More...
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Business Week magazine reports real estate commissions in some parts of the country are going up as anxious sellers are willing to pay more to attract the attention of agents with buyers, and listing agents are become more particular about the homes they Read More...
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Three very important reasons to buy now are: Interest rates are near all time lows; Home prices have declined to levels not seen in years; and Qualified first-time home buyers are now eligible for up to an $8,000 tax credit. Lower Prices Don't Always Read More...
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By Bonna Johnson • THE TENNESSEAN • January 19, 2009 Nashville, it seems, is just as great as you think it is. Readers of Southern Living magazine deemed Music City one of the best cities in Dixie, proclaimed our breakfast restaurants darn good Read More...
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Owners may apply for up to $30,000 By Chas Sisk • THE TENNESSEAN • February 18, 2009 A state agency is starting a new lending program for home improvements aimed at Middle Tennessee owners. The Tennessee Housing Development Agency announced Read More...
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Fannie Mae Announcement 09-02 (2/6/09) At the urging of NAR, Fannie Mae announced a new policy on February 6, 2009, to allow investors and second home buyers to own up to 10 financed properties. The new policy takes effect on March 1, 2009, and replaces Read More...
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According to USA TODAY, the “American Dream is shrinking.” Understandably, new construction is at a low ebb, if not an all-time low. Nevertheless, according to a recent article ( “New homes being built smaller” ), those homes that Read More...
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