Team George Weeks with RE/MAX Elite is proud to announce that we will be sponsoring all of the pet adoption fees at Rutherford County PAWS in Murfreesboro, TN during the National Clear the Shelters Aug 17th – 19th with the big day being Aug 18th. Come on down to PAWS and take home your new best friend! There will be plenty of other sponsors, gifts, and special guests and be sure to stop by the Team George Week’s tent to say hello and get your first photo with your new friend.
Team George Weeks and Belinda Arender Iberia Bank and Mortgage Customer Appreciation Day free movie showing of Incredibles 2 was a big hit. We had 3 theaters reserved at Premiere 6 Theater for our friends and family to enjoy this new summer hit along with snacks, drinks, and gift bags. We truly appreciate not only the business but all the new (& old) friendships we make along the way.
"What a great event! It was awesome to see so many of our Team George Weeks clients and their children at the theater to enjoy The Incredibles 2! That's why we do what we do.....to improve the lives of families in our community. Anytime we can give back, just a little, and show our appreciation for the trust and confidence our clients have placed in us, it warms my heart. I'm so thankful to be a part of such a giving organization." Eddie Mann, Realtor - Team George Weeks, RE/MAX Elite
"This was an INCREDIBLE event, and after waiting almost 14 years to see part 2, it was great!! My son (Trey) loved it so much, he is already making plans to go see it again!" Bobby Simon (Client)
Buying a home for the first time can be exhilarating and exhausting. The real estate process is a complex one and, at times, filled with obstacles along the way. This article aims to simplify the process by offering tips for buying your first home.
Hire a Reputable Buyer’s Agent
Some first-time home buyers think that they can conduct their own home search and simply call the listing agent when they find a home they like. The listing agent will be glad to help but remember the listing agent is working in the seller’s best interest.
It’s wise to hire a buyer’s agent to assist you in the home buying process. The buyer’s agent will be able to explain legal requirements and advise you every step of the way. Most importantly, the buyer’s agent will negotiate the purchase of your home with your best interest in mind. They want you to get the house at the lowest price possible and receive the most for your money. A buyer’s agent comes in handy when obstacles occur in closing such as repair contingencies and title discrepancies to name a few. Also, the buyer’s agent is a trained negotiator working on your behalf. You do not pay the buyer’s agent a cent. The seller pays for the buyer agent’s commission at closing.
Team George Weeks of RE/MAX Elite in Murfreesboro, TN has an experienced team of buyer agents ready to help you start the home buying process. Learn about what a buyer’s agent can do for you by calling us today at (615) 948-4098.
Before searching for a home and after consulting a buyer’s agent, take the first official step in the home buying process—pre-approval. A real estate agent will want you to get pre-approved before searching because it shows sellers that you are a serious buyer. A pre-approval letter shows that you’re not just window shopping for homes or acting out your own HGTV show fantasy. A pre-approval letter informs you about how much house you can afford. We all want to know what homes are within our price range before touring homes. So, the preapproval letter is helpful for both buyer and seller.
A pre-qualification letter is not the same as a pre-approval letter. You’ll want the pre-approval letter because it shows that the lender has checked your credit and verified that your loan can be approved for a specific amount of money. So, with a pre-approval letter, the seller knows that it is highly likely the house will close without problems on your end.
Tennessee First-time Home Buyers Programs
THDA GREAT CHOICE HOME LOAN PROGRAM
First-time buyers who are worried they won’t have enough savings for a down payment or worried that they won’t qualify for a home loan should check out the Tennessee Housing Development Agency’s Great Choice Home Loan program. The loans are government-backed by the FHA or USDA-RD. It allows you to borrow up to 96.5% of the total price of the home you would like to buy. So that means you’ll only need a minimum of 3.5% for a down payment, and the THDA even offers financial aid for that and other loan-related expenses including closing costs.
THDA HOMEOWNERSHIP FOR THE BRAVE LOAN PROGRAM
The THDA also offers a Great Choice loan specifically for active-duty service members including National Guard, reservists, and veterans. You must have at least 180 days of active duty to qualify. The loan offers reduced interest rates and down payment requirements as low as 0% for some applicants.
National First-Time Buyer Programs
If you don’t qualify for the THDA loans, there are many national home loan and mortgage-assistance programs available to first-time home buyers such as:
The Federal Housing Administration offers government-backed loans to first-time home buyers with down payments as low as 3.5%. They are not as strict about credit scores and income requirements.
Military vets and active-duty service members can qualify for VA home loans backed by the U.S. Department of Veterans Affairs which require no down payment.
The U.S. Department of Agriculture offers home loans with no down payment to first-time home buyers living in rural areas.
Some conventional loans by government-sponsored entities such as Fannie Mae and Freddie Mac offer low down payments as low as 3%.
Team George Weeks with RE/MAX Elite in Murfreesboro, TN can help streamline the home buying process for you. With over 30 years of local real estate experience on your side, you are sure to find the best Murfreesboro homes for sale in Rutherford County, TN.
Please give us a call today at (615) 948-4098 to learn more about the first steps of buying your first home.
Negotiation is a subtle art in real estate, but skilled negotiators can usually find some common ground that satisfies all parties. On the other hand, using the wrong negotiation tactics can sink a deal pretty quickly. Here are some negotiation tactics buyers (and real estate professionals) should avoid:
- Lowball offers: Going far below market value when you make an offer damages your credibility as a buyer and can be insulting to the seller. The seller has a range in mind that they’ll accept, and if you’re not even approaching the low end of that range, they won’t even consider the offer.
- Incremental negotiations: Don’t continue to go back to the seller with small increases in your offer ($1,000 or less). The constant back-and-forth can grow tiresome and lead the seller to consider other opportunities.
- “Take it or leave it”: Try not to draw a line in the sand with your initial offer. The seller can get defensive and consider other offers if you immediately show that you’re unwilling to budge. Even if it’s true, don’t make a show of it.
- Nitpicking after inspection: Obviously if inspection reveals a major issue, it should be factored into the final sale price. But insisting on a lower price for every minor repair can put negotiations in a stalemate.
- Asking for more, more, more: Some buyers will request that the sellers throw in add-ons like furniture or appliances that weren’t included in the listing. Try to avoid giving the seller a reason to build up resentment and think that you’re being greedy.
You’ve got. better things to do! Call Team George Weeks today and schedule your FREE home evaluation!
If you’re drawn to middle Tennessee then one great option is Rutherford county. Growing at a frantic pace, Murfreesboro, Tennessee serves as the county seat of one of the fastest growing cities in the country. Considered the center of population for the state of Tennessee.
Low cost of living
There are many reasons why you should choose Murfreesboro as your next home. For one, the cost of living here is low here in comparison to other cities of Tennessee. Median home prices here are $181000 while median household income is slightly more than $50000. As compared to the national average, the cost of living in Murfreesboro is 5.4% lower. Imagine the kind of savings that you can achieve when you buy a property and start living in this city. There is no dearth of modern amenities for you especially in the world of entertainment as there are many parks and recreational attractions in the city.
Quick and easy access to all major cities of Tennessee
Murfreesboro lies pretty close to capital Nashville (35 miles), allowing residents quick and easy access to the capital in just a few minutes. In fact, more and more people desirous of living in Tennessee are giving up Nashville as an option and preferring Murfreesboro instead because of lower property prices and lower cost of living.
The motto of the city of Murfreesboro is ‘Creating a better quality of life’. With the rapid growth and development of amenities in the city, it is clear that the administration is leaving no stone unturned to make Murfreesboro one of the best places to live in the USA.
Excellent educational opportunities for kids
If education of your kids is your prime concern, you can sit back and relax as Murfreesboro has a strong system of public and private schools to look after the educational requirements of children. The city is also home to Middle Tennessee State University with an enrollment of more than 25000 students. You sometimes get the feel of living in a college town when living in Murfreesboro.
There are many homes for sale in Murfreesboro Tennessee when you decide to make Murfreesboro your next home. However, it is prudent to consult a local experienced realtor to strike a good deal when buying a property.
hey peeps Easter is almost here!
This holiday be sure to think of Team George Weeks when your Peeps have any real estate needs! We’re here to help all your friends and family with whatever those needs are and we’ll make you the hero for saving the candy…..errr….day!
by Macie Orrand
Team George Weeks and Iberia Mortgage have created a family fun day to show their appreciation for their clients! Saturday, March 18th the theater was packed with people who have helped make Team George Weeks what it is today! The morning was spent watching the newly released Beauty and the Beast live-action Disney film featuring freshly popped buttered popcorn and refreshments. The theater was packed with past and present clients with their families and it was great for Team George Weeks to catch up with the people we have served over the years.
Family is important to us here at Team George Weeks and we are determined to provide a day for relaxing with the family to our clients every year. We would like to thank everyone who has allowed us to be apart of their lives and trusted us with the sale or purchase of their home!
The customer appreciation day was everything we hoped it to be and more. The movie featured all of the songs seen in the 1991 Disney animated film.We had guests from all ages in the theater and everyone enjoyed the movie. The children were not frightened of the beast and the storyline from the 1991 film remained the same in this picture.
I would rate the movie overall 5 out of 5 stars. The actors and actresses blew away any expectations I had for the film. It was a joy to reminisce back to my childhood and to have enjoyed that moment with our families was extremely valued.
Shannon explains her journey to becoming a top realtor in Murfreesboro, TN. We learn about her past experiences and the changes in her life as well as the people who helped her start her new career. Shannon also tells us how she discovered not only a new job but a new passion in her life that she truly enjoys.
Team George Weeks is proud to call Shannon a member of our team and a good friend as well. Give her a call if you have any real estate needs or questions. She’ll be happy to help!
Direct (615) 753-3251
Office (629) 202-7333
Shannon Orrand is a real estate agent with Team George Weeks at RE/MAX Elite in Murfreesboro, Tennessee.
Each office is independently own and operated.
We all heard the threats…
“If Donald Trump is elected President, I’m moving to Canada.” (Or whatever other country…)
Mostly it was celebrities saying that, although you probably heard some joking, offhand remarks from people you actually knew locally.
But you probably had to be a real estate agent to hear people say this…
“Will the value of my house be affected, because of everyone moving out of the country, if Donald Trump is elected?”
Well, he was elected. And as of now, no matter how much research you do, it’s hard to pinpoint how many people actually moved because he was elected. It seems like very few…if any. So, the chances of the value of your house being affected by a mass exodus are very low.
Now that we know Donald Trump was elected, the questions real estate agents hear have become a little more specific.
More along the lines of…
“Do you think the value of my house will go up, because Donald Trump was elected?”
“Do you think the value of my house will go down, because Donald Trump was elected?”
Here’s the thing…
You’ve probably heard something along these lines before. But, real estate agents don’t have a crystal ball they can gaze at, or a magic 8 ball they can shake, to get answers to those sorts of questions.
It’s almost impossible to predict future real estate values.
But yet you hear people speculating all the time. From economists, to politicians, to TV pundits, and on down to some real estate agents at cocktail parties.
The problem with people doing it is that they seem credible. And you may base your hopes or concerns upon what you are hearing. But most of what you hear is broad and general. It is prediction. Speculation. Entertainment to some degree…
For the most part it is stuff people say in order to make conversation, or to fill the need for content to put on a TV or computer screen.
But the person saying it has no responsibility to you. They don’t know your specific life scenario. And they don’t know your home or real estate market.
Real estate agents (at least good ones) can’t and don’t speculate. We base home values and our advice upon local data…what has recently sold…and the current buyer activity. Not what might happen.
So, at the end of the day…
There’s no way to absolutely answer whether or not Donald Trump becoming President will cause the value of your home to go up or down. And you’re better off ignoring speculation.
If you want to know the value of your home, or whether it makes sense for you to buy another home in the near future, just give your local real estate agent a call.
They will analyze the market as it is, and your specific life situation, in order for you to make a truly informed decision.