Tuesday, August 18, 2009

My How Time Flies

Seems like yesterday that the government announced the $8000 tax credit for 1st time home buyers who want to take the plunge into home ownership. What a great incentive for home ownership. Hurray for the those folks who have taken advantage of it so far. I wish I could have qualified. I can think of many things I could use $8000 for these days. Like a fun camping trip in October and a vacation to Florida in the spring.

It is sad though that many will be disappointed who will not qualify because they are waiting until the last minute and time is not on their side. There is only 105 days left in which to get
pre-approved for a loan , find the perfect property, negotiate an offer, process the loan, have all inspections, make any necessary repairs, surveys, title work and get it closed on or before the 30Th of November. With loan processors taking sometimes twice the time it used to to get the loan through underwriting and to the title company. If you are buying a bank owned home, a short sale or a home that is being handled by a relocation company prepare for a longer negotiation and many times a longer wait to closing.

If you want to take advantage of the tax credit before it is too late contact me now. I will help you find a great mortgage person (one who has provided exceptional service to past clients) to get prequalified, find that great house for your needs and get you to closing in time to qualifty for the $8000.


Brenda Jolly
Southland GMAC Real Estate
Office: 865-687-6657
Agent Direct Line: 865-898-7896
Email: brenda@knoxvillefindahome.com

Search Homes NOW: www.brendajolly.net or www.homesforsaleknox.com

Tuesday, March 31, 2009

New Listing. Douglas Lakefront Acreage

                                                          Re-Listed at $99,000.
First Time On the Market!

This wooded 5.3 acre lot is on Brightstone Point on beautiful Douglas Lake in the Muddy Creek area. One of the favorite fisheries of anglers in Tennessee and some of the most beautiful waters around. Located in Jefferson County but just minutes away from the Sevier County line. Convenient to the Great Smoky Mountain National Park, Dollywood, Pigeon Forge and Newport. Build your home or home away from home, either way you will love living on the lake in East Tennessee. Offered at $250,000. MLS # 658341


Directions: From Knoxville, I-40E to Exit 407, right on TN-66, left on US-411, left on Fain Rd. Once on Fain Rd pavement will turn to gravel road which is Brightstone Way, follow Brightstone Way to property on left. Sign on property.



Brenda Jolly
Slyman Real Estate
150 Center Park Dr Suite 200
Knoxville, TN 37922
Office: 865-862-6161
Agent: 865-898-7896


Tuesday, February 24, 2009

January Closings Single Family Homes- Knoxville, TN

If you wonder how home sales for January 2009 compare to a year ago here are the numbers. I compared all single family homes that closed from Jan 1,2008 - Jan 31,2008 to those that closed during the same period this year.
January 2008 / January 2009

Total Homes Closed: 291 / 204

Avg List Price: $195,242 / $202,558

Avg Sold Price : $189,052 / $192,568

% Sale Price/List Price: 96.8 / 95.0

# of Closings that were
Bank
Owned/
Foreclosed Properties: 38 / 50

Currently as of today, there are 3644 single family homes For Sale on the Knoxville MLS in Knox County and 491 properties that are Pending Do Not Show waiting to close and another 176 that are pending Continue to Show indicating there is an accepted offer on the property but contingencies still need to be cleared. Currently of the 3644 single family homes on the market, 221 of them are foreclosures as best as I can tell.
If you would like more information about real estate in Knoxville or the surrounding counties of East TN visit my website at
http://www.brendajolly.net/ or send me an email at brenda@knoxvillefindahome.com


Brenda Jolly
Southland GMAC
200 Midlake Dr Suite C
Knoxville, TN 37918
Office: 865-687-6657
Agent: 865-898-7896

Friday, February 20, 2009

Take a Break and Go Fishing!


Last Friday we (me and my husband) decided to take a much needed break from work since the weather was cooperating and so we hooked up the boat and off we went to the lake for what we hoped would be a successful day of not only fishing but actually catching fish......As we launched at Cove Creek on Norris Lake in Andersonville it was so nice as we cruised the lake looking for a good spot to try out luck. We just never could quite find that right spot. This is the hardest lake I have ever tried to catch fish in. We just cannot seem to find the right pattern. Although I love being on the lake whether I am catching fish or not it would sure be nice to at least catch on to what we are doing wrong and luck up on a good fishing spot every once in a while so we don't feel like total losers! Sometimes it seems like the fish know when we are coming and they all go into hiding until we give up and pull out. We used to fish more at Douglas and Fort Loudon (much easier fisheries) and really did pretty good most of the time. If anyone can give me any hints on how to catch the fish in Norris Lake I would be so happy. At least when we go fishing at Norris we have a nice picnic on the boat and enjoy each others company for the day. No TV and no Internet.