Reasons Why Murfreesboro is a Great Place to Live

Map of Rutherford County, TN

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

Low cost of living piggy bank.

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

Destinations from Interstate 40 65 Exit 209 209A 209B in Nashville 1 1024x807 - Reasons Why Murfreesboro is a Great Place to Live

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

bus school school bus yellow 159658 - Reasons Why Murfreesboro is a Great Place to Live

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.

How to Sell Your Home Fast and at Desired Price in Murfreesboro

So you want to sell your home fast and for top dollar?

So you want to sell your home quickly and for top dollar?No matter what the reason behind selling your home in Murfreesboro, it is a fact that buying or selling real estate can be a tricky financial transaction. You are selling your beloved home so you want best price for it. You also want to sell it fast to relocate to another home in another destination. Here are some ways to sell your property fast and at the price you have set for it.

Set the price right

There are many homes for sale in Murfreesboro, Tennessee and yours is not the only one available for buying for the buyers. You are emotionally attached to your home as you have so many memories associated with it. It is natural for you to think it is the best property available in the market. But your love should not dictate your decision when setting its asking price.By setting a price higher than the average price of similar properties sold and bought in your area recently, you only deter serious buyers. It is prudent to set the asking price in consultation with your realtor to attract high number of interested buyers.

Make it presentable for the buyers

Again, there are many homes for sale in Murfreesboro, TN, and you have to make efforts to attract buyers to your property. The best way to do this is to take a look at your house from the eyes of a prospective buyer first. This will tell you want to do to make it look attractive to someone who comes on a showing to find a dream home for his family. You will identify many shortcomings that need minor repairs. You must be ready to spend money on these repairs and renovations to make sure that your home sells quickly.

You need to give exposure to your property so that more and more buyers are able to see it.

You need to indulge in aggressive marketing

It is not enough to set the price right and clean the house and expect that buyers would come on their own to make offers. You need to give exposure to your property so that more and more buyers are able to see it. Your realtor will get the house listed MLS listings and include photos and videos to make buyers interested in your property. You also need to let this information pass on to all your neighbours and also put up a sign in your backyard  so that your house sells quickly.

For more information on selling your house and our Free Ultimate Guide to Selling Your Home or contact Team George Weeks directly at (615) 948-4098.

4 Home Staging Tips to Help Sell Your Home….Fast!

Home Staging 101

By Macie Orrand

Home staging and getting ready for those showings can be an overwhelming feeling. Here are some tips to keep in mind when you think you are ready to put your home on the market!

Home Staging Tip for #1 – Declutter

When you begin to declutter the house it can become a bigger project than you had intended. Take it room by room. DO NOT start out in one room and then decide to stop to start on a different room that you think will take less time. Finish one room before moving on to the others. Trust me you will thank me later. Keep in mind not everything needs to be decluttered. Below are some main areas to check for clutter.

Linen closets/Bedroom closets. Actually any closet, in general, you should check!

Bathroom and kitchen counter tops

Entryways

The tops of the kitchen cabinets and refrigerator

Outdoor areas

Why are these areas so important to declutter you ask? Well, if the buyer sees that you are running out of space they will feel like they will too. Making these spaces look open and still usable is a desirable characteristic that buyers look for at showings! Which leads me to my next point!

A little decluttering goes a long way.

Home Staging Tip for #2 – Enlarge the Rooms

Try to make the rooms look larger. The bigger the room look, the more space the potential buyer sees! Here are some ways to do that!

Placement of furniture

Light, natural paint colors

Less wall décor

Open blinds and curtains to let natural light in

And of course….Decluttering 😉

Home Staging Tip for #3 – Clean & Repair

Clean up, especially stains.

Fix those small repairs.

Fix any cosmetic repairs and stains that will turn off buyers. If you dont want to see it, then chances are neither will someone looking at your home to buy.

Home Staging Tip for #

4.) Go ahead and box up a couple of items. Here is what to pack away and why!

Pack away the clutter.

Pack away any picture frames that are NOT attached to the wall. Having a lot of pictures on display may make it hard for the buyers to envision themselves there.

Pack away anything that is not being used! Out of sight out of mind is my motto!

Here is a tip for packing that I always tell my sellers, “If you can’t see this item in your new home…throw it out or sell it.” Do not pack something that you will not need or want to take with you to your new residence. It makes unpacking easier and faster!

Homes for sale in Murfreesboro are selling fast today but that doesn’t mean you don’t have to prepare your home. Making sure you have the perfect realtor/team to help you do that will ensure you will get the best price for your home!

Dealing with Financing

As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home.Dealing with Financing 300x200 - Dealing with Financing

Get pre-approved. Sub-primes may be history, but you’ll probably still be shown homes you can’t actually afford. By getting pre-approved as a buyer, you can save yourself the grief of looking at houses you can’t afford. You can also put yourself in a better position to make a serious offer when you do find the right house. Unlike pre-qualification, which is based on a cursory review of your finances, pre-approval from a lender is based on your actual income, debt and credit history. By doing a thorough analysis of your actual spending power, you’ll be less likely to get in over your head.

Choose your mortgage carefully. Used to be the emphasis when it came to mortgages was on paying them off as soon as possible. Today, the debt the average person will accumulate due to credit cards, student loans, etc. means it’s better to opt for the 30-year mortgage instead of the 15-year. This way, you have a lower monthly payment, with the option of paying an additional principal when money is good. Additionally, when picking a mortgage, you usually have the option of paying additional points (a portion of the interest that you pay at closing) in exchange for a lower interest rate. If you plan to stay in the house for a long time—and given the current real estate market, you should—taking the points will save you money.

Do your homework before bidding. Before you make an offer on a home, do some research on the sales trends of similar homes in the neighborhood with sites like Zillow. Consider especially sales of similar homes in the last three months. For instance, if homes have recently sold for 5 percent less than the asking price, your opening bid should probably be about 8 to 10 percent lower than what the seller is asking.

Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]

Mortgage Rates by Decade Compared to Today [INFOGRAPHIC] | Simplifying The Market

 

Some Highlights:

  • The interest rate you secure for your mortgage greatly influences your monthly housing costs.
  • In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.
  • Interest rates are still at historic lows; this is a great time lock in your housing cost and protect yourself from increasing rents, or refinance your current mortgage.

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home | Keeping Current Matters

 

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market. Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money. For example, a recent survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.” This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that mean to you?

Simply put, if you are planning on buying a home that costs $250,000 today, that same home will cost you an additional $13,250 if you wait until next year. Your down payment will need to be higher as well to account for the higher home price.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long term cost’ of a home can be dramatically impacted by even a small increase in mortgage rates. The Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac have all projected that mortgage interest rates will increase over the next twelve months as you can see in the chart below: Mortgage Rate Projections | Keeping Current Matters

Bottom Line

Only you and your family will know for certain if now is the right time to purchase a home. Answering these questions will help you make that decision.

Source:  Keeping Current Matters