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18 November 2024 | 0 replies
Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?
21 November 2024 | 24 replies
Let me know how I pick up the $50.People talk about laundering money.
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15 November 2024 | 3 replies
@Thomas JaskulskiIf it is a good deal, the buyers will be the easy part.
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14 December 2024 | 0 replies
It will be a short term Airbnb rental.Have had success with two other Airbnb properties that I currently arbitrage in the local Pittsburgh area.Purchased the home far below market value with a probate sale.
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22 November 2024 | 4 replies
Frankly, James, I don't remember posting that.
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23 November 2024 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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22 November 2024 | 24 replies
If you didn’t specifically advise on what to do, they drew it a specific way at the end of the day you approve the drawings to be built so it’s not their fault it appears and they should be compensated for the revisionIf it’s something they screwed up (does not appear to be case here) - then they correct their error
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19 November 2024 | 2 replies
It is a new construction home in an up and coming area.
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17 November 2024 | 33 replies
Again thank you for posting those questions as those are some of the things that I need to ask the seller when I reach out.I'm confused Chris....
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15 December 2024 | 6 replies
@Kay S.Assuming you are getting title insurance (which I recommend) the closing costs will be similar to a traditional closing.