Keep an Eye on Your Credit

Your credit report serves as an account of your financial history. It offers potential lenders a glimpse of where you’ve been so they can estimate where you are going. Based on that estimation, they will determine what they will charge you to borrow money or whether they will lend to you at all. Because of…

Emotions and Real Estate

It’s hard to remove your emotions from the equation when buying real estate. After all, a home is so much more than just a product. It is where your children will grow up, where you will retire, your sanctuary, your office, your pet shelter, and so much more. However, just as we tend to make…

Deja Vu in 2008?

Is it deja vu or is 2008 shaping up to look extremely similar to 2001? If you’ll recall, in 2001, we’d just gone through the bursting of the Tech Bubble and the economy was sliding into recession. The Federal Reserve started lowering interest rates and the number of home refinances soared. Are we going to…

News Release: Beating the Mortgage Squeeze

(Knoxville, TN) Unless you’ve been on a deserted island over the past month, you know the financial markets are experiencing mortgage chaos. Historically, Knoxville fares quite well during turbulent times in the housing industry. However, tightening in the credit markets has resulted in lenders offering fewer loan programs. Mortgage professionals are advising current home owners…

Managing Expectations Managing Expectation

Interest rates have increased over the past 6 months and this is catching many potential homebuyers by surprise. As interest rates increase, purchasing power decreases. Why are rates increasing? Well, if you’ve been following the mortgage industry you know that several large lenders have filed for bankruptcy. Most lenders take out large lines of credit…