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FSBO Tips for Selling Your Chattanooga Home

Selling a home is complicated and full of legal issues that anyone considering selling "by owner" needs to be aware of.  However, two of the most important things you need to know in order to be successful as a FSBO (for sale by owner) home seller have nothing to do with legal issues. 

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what is a fha mortgage?

An FHA (Federal Housing Administration) mortgage is a type of home loan that's insured by the Federal Housing Administration, which is a part of the U.S. Department of Housing and Urban Development (HUD). These mortgages are popular among first-time homebuyers or those with lower credit scores because they often have more lenient qualification requirements compared to conventional loans.

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what is a va mortgage?

A VA loan is a mortgage loan program available to eligible veterans, active-duty service members, reservists, and some surviving spouses, guaranteed by the United States Department of Veterans Affairs (VA). These loans are designed to help qualifying individuals purchase a home with favorable terms and often without a down payment.

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Do REALTORS only work in certain areas?

The answer is really agent to agent. I can only answer for myself but we cover an area about one hour across and yes that does include Tennessee and Georgia. When we are working with investors and builders they are usually looking for the best deal with the highest return and sometimes you have to go further out to find that. REALTORS are no different than any other profession. You have agents that specialize in different aspects of Real Estate. Some know waterfront better than others, some only work with horse farms and others spend most of their career working primarily in one zip code.

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The ups and downs of Dirt Cheap Land

Most people that know me know that one of my work passions is to help Builders and Developers acquire dirt for new subdivisions. I enjoy watching what a piece of land can become and how if the development is done right how passionately people can feel about living there. I typically do not work with builders that strip the land of all the trees and ponds. We try to work around what we can and keep as many tres as possible.

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What is AN AS IS OFFER?

To make an as is offer on a Chattanooga home is to state that you, the buyer, will take the property in the condition it is in as of the date you make the offer, and will not ask the seller to do any work or repairs to the home. You can see why these offers are so attractive to sellers; they love the idea of being able to mentally move on from this home to the next one as soon as they accept your offer. In the olden days, many states required that certain basic condition standards be met by every property sold, whether or not the buyer asked the seller to do any work: no broken windows, no termites, etc.

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Frank Lloyd Wright Chattanooga

Did you know that there is a Frank Lloyd Wright house in Chattanooga? There is. The Shavin house on Missionary Ridge is the only house in the area designed by the famous architect. At first the Shavin’s were just asking the famous architect for a referral on who he may recommend to design their new home but instead they got the man himself.

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best place to get a cigar in chattanooga

The cigar scene in Chattanooga is growing but unfortunately there are not a lot of great options for purchasing or to sit and enjoy a cigar in Chattanooga. I would love to see someone come into town and do a nice high end cigar club like you see in other markets. When I travel I have my favorite locations in most cities that I travel to but here are home there are not a lot of options.

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Buying a home in Chattanooga

Welcome to the vibrant city of Chattanooga, where natural beauty meets a thriving community. Nestled in the heart of Tennessee, this charming city offers a perfect blend of southern hospitality, breathtaking landscapes, and a rich cultural heritage. If you're considering buying a home in Chattanooga, you're in for a treat. Let's dive into the captivating world of real estate and explore the reasons why purchasing a home here could be the best decision you'll ever make.

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Who is the best builder to hire in Chattanooga?

This is kind of a loaded question. When we are working with clients on a new build we work with them to narrow down the new home builder in Chattanooga that they are going to use. You want to interview all of the builders that you think you may want to use. You need to make sure that they have built similar styles to what you are looking for and that they are familiar with the area that you want to build in.

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Does Tennessee Have a Income Tax?

No, and it never will. Tennessee does not have a state income tax on wages. However, it does tax certain investment income, like dividends and interest from bonds and notes. This lack of a traditional income tax on wages is one reason why Tennessee is sometimes seen as tax-friendly for residents.

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