2011 was a huge year for WCAR. We moved into a new building, we conducted our first focus group concentrating on our association’s future, gave away thousands of dollars in scholarships, hosted two national speakers, and kicked-off a new social event, Tailgate Tuesdays. I have no doubt that 2012 will be an even bigger year [...]
19 results for 'Buy & Sell'
WCAR turns 50 in May!
It is a big year in the WCAR’s history! Save the date for our 50th-Anniversary Cocktail Reception and Mixer to be held on Thursday, May 10 from 5-8 pm. It will be a free event for WCAR members. Please stay tuned for many exciting events in the new year to celebrate their fiftieth anniversary!
Real Estate News
Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners. Although rebenchmarking resulted in lower adjustments to several years of home sales data, [...]
WCAR Upcoming Classes
Classes in November… Advertising, Ethics, the Internet and the Law All the rules and laws governing internet advertising Tuesday, November 8, 2011 ~ 9:00am-11:00am 2 hours TREC ~ $30 / $40 non-members Instructor: Attorney Brian Smith ———————– Representing Estates Learn what can and can’t be done thru the eyes of the law Tuesday, November 8, 2011 [...]
Tailgate Tuesdays!
This promises to be fun, fun, fun! To be held in the parking lot of the WCAR’s new building (1646 Westgate Circle, Brentwood, TN). You are invited to come have burgers and hot dogs off the grill in tailgating style. Join in as they cook up a fun time for you to stop by during [...]
Post-Contract Pitfalls
Selling a home is like climbing Mount Everest – getting a signed contract is a great accomplishment, but that’s only half the journey. The typical home sale today involves more than 20 steps after the initial contract is accepted to complete the transaction. Much of what needs to be done before the closing is the [...]
7 Helpful Tips
Getting ready to sell your home? Here are some tips to get you started in the selling process. Tip 1 Name the price. Figure out the value of your home, how much you would like to make in selling it. Then look at similar homes in the community that have been on sale in the [...]
Showing your Home!
You’ve selected the perfect Realtor, you’ve put your home on the market and now you are ready for the masses to come and flood your home and then hopefully make an offer. It’s that time…to show your house. Showing your home is an essential element to selling your home. You want viewers to come in [...]
Show me the Money
Do You Have The Money? Homes and financing are closely intertwined. (Financing is the difference between the purchase price and the down payment, commonly referred to as debt or the mortgage.) The good news is that over the years new and innovative loan programs have evolved which allow for flexible and varied financing options. In [...]
Closing Expectations for The Seller
First things, first! Mortgage Payoff Information You will be required to pay off any and all existing liens on the subject property. You will need to notify the closing company of the names and phone numbers of all current mortgage holders along with social security number of all borrowers and the loan numbers. It is [...]
The Search Begins
Where to Begin: Over 70% of people looking to buy a home begin their search on the Internet. REALTORS across the country utilize multiple listing services and these services provide feeds to other web sites in order to publicize houses currently available for sale. The local multiple listing service in Middle Tennessee is RealTracs. The [...]
Pending Home Sales
Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 8.2 percent to 88.8 in May from an [...]
A Short Guide to Real Estate Lingo
Real estate ads are usually full of acronyms and terms that are unfamiliar to first-time buyers. Here’s a cheat sheet to let you in on the lingo. • 4B/2B — four bedrooms and two bathrooms. “Bedroom” usually means a sleeping area with a window and a closet, but the definition varies in different places. A [...]
Decisions, Descisions
Whether you are a first-time homebuyer or entering the marketplace as a repeat buyer, you need to ask why you want to buy. Are you planning to move to a new community due to a lifestyle change or is buying an option and not a requirement? What would you like in terms of real estate [...]
Time Estimates for Delays
When things go wrong, closing can easily fall behind. Here’s how much time to expect on particular delays: One-Week Delays • Buyer submits incorrect information to lender. • Source of downpayment changes. • Escrow fails to notify parties about missing documents. • Principals leave town without signing all necessary papers. • Unknown defects are discovered [...]
