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Enjoy a Carefree Lifestyle!- 1801 Appling Oaks Cir

by Melissa Thompson

1801 APPLING OAKS CIR #83, Cordova, TN

$ Click for current price
2 BEDROOMS | 2 (2 full ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10018675 to view more pictures of this property. Enjoy a Carefree Lifestyle! Charming All on One Level 2BR Home Featuring Soaring Ceilings, Neutral Colors, Spacious Great Rm w/Romantic Fireplace, Wonderful Kitchen w/Full Complement of Appliances, Laundry Rm w/Washer & Dryer, Lovely Dining Rm, Awesome Sun Rm, 2 Car Garage, HOA Includes Water, Garbage, Exterior Maintenance, Termite Contract with James Pest, Exterior Insurance, Management Fees & Common Areas, Clubhouse & Pool - These are all Amenities You Will Enjoy & Not Have to Worry About

 

The Top Ten Reasons Hiring a Realtor is the Smart Thing to Do!

by Melissa Thompson

With the internet making information about buying and selling homes so readily available, some may wonder if they need to hire a Realtor. The answer to that is YES!  And here are the top ten reasons why:

  1. Education & Experience

There is ample information on the internet about diseases and medications too, but I would bet that if you were sick you would seek out a trained medical doctor to help you.  If you hire a Realtor, you don’t need to know everything about the housing market or the ins and outs of selling or buying a home.  It is simply the smart thing to do to hire someone who knows more than you do!

  1. Your Agent is Your Intermediary

Agents take the spam out of your property showings. If you’re looking to purchase a newly built home, your agent will keep builders’ agents from overwhelming you. If you’re selling, your agent will help you avoid wasting your time with “lookie loos” who aren’t really interested in purchasing and keep the focus on serious buyers.

  1. Neighborhood Knowledge

Agents make it their duty to either have intimate knowledge about the neighborhoods in their area or to know where to find that information.  They can provide comparable sales information and tell you where to find a plethora of demographic material about the neighborhood, such as data about schools and crime.  They also have access to information regarding other homes for sale in the area and can use that knowledge to help you be competitive whether pricing your house to sell or bidding on a house to buy.

  1. Price Guidance

Realtors don’t select prices for buyers and sellers, but they can help guide them to make intelligent choices for themselves.  They will supply data regarding current market supply and demand conditions that will assist both buyers and sellers with pricing negotiations.

  1. Market Conditions

A lot of time and energy can be saved by allowing Realtors to impart their knowledge regarding current market conditions. Yes, you can probably research it yourself, but do you truly want to spend your time doing that?  This type of information will have a large impact on what you ultimately decide to do.

  1. Professional Networking

With a competent Realtor, clients will have an “in” with other professionals they may need to buy or sell.  Legal liability will keep agents from recommending certain individuals or companies over others, but they know which vendors have reputations for efficiency, competency and competitive pricing.  So, they can provide a list of references with whom they have worked and assist you in making a wise selection.

  1. Negotiation Skills & Confidentiality

Top producing Realtors are great negotiators because unlike buyers and sellers, they are not emotionally driven. In addition, they have negotiation skills that make them excel at their job. They are professionally trained to represent their clients’ best interests and to keep information confidential from competing interests.

  1. Paperwork!

Today’s real estate purchase agreements can run ten pages or more. That’s a lot of paperwork. One tiny mistake can land you in court or cost you thousands of dollars. Avoid the risk and allow a professional to guide you through the process!

  1. Questions After Closing

A smooth closing transaction doesn’t always mean that there won’t be complications later.  There might questions that were overlooked in the excitement of closing on a home. A reputable Realtor will be there by your side even after the sale is complete to answer any questions that come up.

  1. Relationship Development

Successful real estate professionals depend upon referrals for continued business. This gives them strong incentive to make their clients happy and satisfied. And it also means your Realtor will be there for you if and when you are ready to sell or buy again. Don’t be surprise to receive periodic updates from your agent in the mail.

Contact Realtor Melissa Thompson at Your Key to Memphis  today for all your real estate needs!

http://www.yourkeytomemphis.com/Blog/Free-Yourself-from-Debt-and-Become-a-Homeowner

http://www.yourkeytomemphis.com/Blog/Debunking-Real-Estate-Myths

http://www.yourkeytomemphis.com/Blog/The-Cost-of-Renting-vs-Buying-a-Home

Where Did Americans Move in 2017?

by Melissa Thompson

Some Highlights:

  • Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
  • Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington.
  • The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.

    Contact your local expert’s at The Melissa Thompson Team 901-729-9526 or Melissa@YourKeyTomemphis.com for all your Real Estate needs!

By: KCM Crew

101 Things To Do In Memphis #101: Crosstown Arts

by Melissa Thompson

Crosstown Arts is a contemporary arts organization dedicated to further cultivating the creative community in Memphis. Formed in 2010 with two goals: to create a vision for the redevelopment of the historic Sears Crosstown building and to help cultivate Memphis creative community. 

They provide resources and create opportunities and experiences to inspire, support, and connect a diverse range of creative people, projects, and audiences.

The spaces and programs they manage integrate varying components of exhibition, performance, production, education, and retail.  They welcome anyone in the community to join any of their events or projects, regardless of prior experience or expertise with creative interests.

Crosstown Arts is a founding partner, co-developer, and future tenant of Crosstown Concourse, the former Sears Crosstown building. Learn more about the development project here.

Click here for the upcoming events calendar.

1350 Concourse Ave, #280, Memphis, TN  38104
901.507.8030

By and photo credit: crosstownarts.org

The Pros and Cons of an Open Floor Plan

by Melissa Thompson

Watch any of the home renovation or buying/selling shows on HGTV and you will hear people asking for open floor plans. Even in small houses, people want the feel of spaciousness that an open floor plan provides.  A “great room” with no wall between the kitchen and living space seems to be the most popular choice when it comes to floor plan considerations.  But is it the best choice for everyone?  Let’s look at the pros and cons of the open floor plan and see if it’s the right decision for you and your family.

Pros:

- You won’t feel isolated.  If yogu are cooking or doing dishes in a kitchen that flows into the family room,  you will be able to chat with family and friends or continue watching television instead of being stuck in a closed off room by yourself.

 - You will be able to keep an eye on the kids.  A great room with no walls allows you to watch your kids at play while you are cooking or cleaning.

 - More natural light.  Without interior walls, sunlight will flow through the house from the exterior wall windows.  You will also have an unobstructed view of the great outdoors.

 - Ideal for entertaining.  When you have guests over, they can congregate throughout the great room, so you won’t miss anything if you are in the kitchen cooking and serving food.

Cons:

 - Lack of privacy.  If your household includes people of various ages on a multitude of different schedules, an open floor plan can make things challenging.  For example, if your teenager wants to have friends over for a study group at the kitchen table, but you want to watch a movie.  Or perhaps you want to read quietly on the couch, but your daughter’s having a sleepover and they want to have pizza and bake cookies.  A separate, enclosed kitchen may be better for some families.

 - Limited wall space. Placing furniture in an open floor plan is tricky sometimes, especially if you have a lot of windows.  And if you are an art lover, you are going to want blank walls for displaying your treasures.

 - Overwhelming mess.  Smaller, enclosed rooms are easier to keep neat and tidy.  With open floor plans, stuff tends to spread out.  And you may not want kids’ toys in your main living space, so a smaller, enclosed room might be your preference for a play area.

 - Too noisy.  With an open plan, there are more acoustics, therefore noise travels further. A quiet conversation in the kitchen may not be possible with the television on across the way.

Remember, just because something is popular, doesn’t mean it’s right for you.  Think about what is going to suit your family’s needs before starting your home search.

http://www.yourkeytomemphis.com/Blog/Keeping-Little-Ones-Safe-at-Home

http://www.yourkeytomemphis.com/Blog/Maximizing-Small-Spaces

http://www.yourkeytomemphis.com/Blog/Steps-to-Take-Before-Buying-a-Home-A-Guide-for-First-Time-Homebuyers

The Impact Staging Your Home Has on Sales Price

by Melissa Thompson

Some Highlights:

- The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging.

- 50% of staged homes saw a 1-10% increase in dollar value offers from buyers.

- 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own.

- The top rooms to stage in order to attract more buyers are the living room, master bedroom, kitchen, and dining room.

Contact your local expert’s at The Melissa Thompson Team 901-729-9526 or Melissa@YourKeyTomemphis.com for all your Real Estate needs!

By: KCM Crew

101 Things To Do In Memphis #100: MLK Day at Civil Rights Museum

by Melissa Thompson

On the national holiday Monday, January 15, the National Civil Rights Museum will remember the life and legacy of Dr. Martin Luther King, Jr., one of the most prolific humanitarians and leaders of the American Civil Rights Movement.  The focus of the celebration is community service and social justice in honor of Dr. King’s impact on the global society.

Activities include daylong performances, youth-centered "edutainment," a health pavilion and the National Civil Rights Museum experience. In the spirit of service, the Museum will hold its annual drives for Mid-South Food Bank and Lifeblood, and serve as a center for community resources and engagement. 

Monday, January 15th – 8:00 A.M. – 6:00 P.M.

$5 All Ages
$3 with Food Donation to Mid-South Food Bank
FREE for you + 3 people with a blood donation

KING DAY HIGHLIGHTS

  • Visitors can tour the museum from 8am–6pm. Included in the tour is the exhibit From the Vault: Art in Action, where visitors can view original art from some of the Museum’s rarely seen work with a common theme of resistance through demonstrations and collective action.
  • The Community Pavilion will be staged in the museum’s visitor parking lot that includes resources and screenings from a dozen local health organizations like Methodist Mammography Mobile, St. Jude Sickle Cell Program, Church Health, Baptist Women’s Health Center, Southern College of Optometry, CHOICES, LeBonheur Community Health & Well-Being, Early Success Coalition, Healthy Kids and Teens Memphis, and others.
  • The Pavilion will also provide resources and information by organizations including Just City, New Memphis Institute, Latino Memphis, NAACP, Memphis Challenge, Sister Reach, Wolf River Conservancy, Girls Inc. of Memphis, Revolutions Bicycle Cooperative, and Girl Scouts-Heart of the South.
  • Entertainment throughout the day on the Founders Park Main Stage will feature a variety of performances including Will Graves & Soul, Mighty Souls Brass Band, Stax Music Academy, Watoto Academy of Performing Arts-Meeting Street Academy (Charleston, SC), Ekpe Abioto African drummers, and spoken word artists. Special guests, media personalities and food trucks will also be onsite.
  • Children’s Activity Tent will open 10am–4pm and include storytelling, face painting, music, balloon artists, puppeteers, arts and crafts (decorating a birthday cake celebrating Dr. King and creating their own message buttons.)
  • The Museum is a sanctioned site of Volunteer Memphis’ Four Days of Service where volunteer corps will conduct clean-up projects across the city. On Monday, January 15, it will work in partnership with United Way, Clean Memphis, Memphis City Beautiful and several organizations.

National Civil Rights Museum
450 Mulberry St, Memphis, TN  38103
901.521.9699

By and photo credit: https://www.civilrightsmuseum.org/king-day

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Free Yourself from Debt and Become a Homeowner!

by Melissa Thompson

As a Realtor, I love helping people purchase their first home.  However, there are two major challenges that I see time and time again with first time home buyers:

- They often carry too much debt.
- They don’t have enough cash for a down payment.

These two issues are strongly related in that people need to reduce debts that inhibit them from saving money.

We all know that we shouldn’t spend more than we earn, but falling into the debt trap is easy to do.  You see an expensive item that you must have and you think, I will use my credit card now and pay for it with my next paycheck.  It sounds reasonable at the time, but next thing you know you’ve done something like that often enough that there is a beastly credit card balance hanging over your head.

So, now you’re in debt.  You have regrets, but no use doing the “should have, would have, could have” dance.  Now it’s time to move forward and take the steps needed to reduce your debt.  Here is a list of things to do to change the way you manage your money.  Follow these steps and before you know it you will be on your way to saving for a down payment on your first home!

- Stop adding to your debt. The first step to getting out of debt is to stop adding to your outstanding balances. To remove temptation, carry only one credit card with you…and make sure it is the one with the lowest limit so that it is impossible to get into serious trouble with it.  Leave any other credit cards in a safe place at home to keep yourself from going on an impulsive shopping spree. 

- Take an inventory of your spending habits. This may not be a fun activity, but it is helpful to see how you are spending.  Create a list of where your money goes each month including rent, utilities, car payments, food, credit cards etc. Once you have done this, split the list into two categories: bills you must pay every month and debts you need to pay off.  The second list then can be organized in order of urgency, either based on outstanding balance or highest interest rate.  Now you will have a clear picture of your debt situation. Financial Inventory

- Eliminate the largest debts first. Make a minimum payment for each of your credit card bills, but then make an extra payment on the bill that is at the top of your list. Do this monthly until that bill is paid in full.  Now take the money you were using for that bill and start applying it to the second item on your list.  Continue this until all of them are paid off. 

- Cutting expenses and making the payment.  If you are already in debt, how are you going to find money for an extra payment?  Well, some sacrifices must be made.  Cutting back on extras like trips to Starbucks, entertainment and eating out can free up cash that can go toward that extra payment each month.  Ways to Cut Monthly Expenses

- Prepare for the Unexpected. Sometimes life is a struggle and unexpected challenges such as car repairs or medical expenses will pop up from time to time.  As you cut expenses and start to save money, set up an emergency savings account just for these occasions.  That way you will be prepared and won’t have to use a credit card and add to your debt.

- Lower your interest rates. Give your credit card company a call to see if they will lower your interest rate. If they say no, shop around for a card with a lower rate and transfer your debt (be careful of transfer fees to make sure the transfer benefits you). You can also seek out a consolidation loan from your bank. They will pay off your debt and you can pay them back at a lower interest rate. How to Lower Credit Card Interest Rates

- Stick to it!  As you see your debt decrease and see your cash increase, don’t fall back into old spending habits. As you have more money available, put it right into your savings and soon you will have the money you need for a down payment on your first home!

When you are ready to start your home search, contact the professionals at Your Key to Memphis to assist you with all your real estate needs!

http://www.yourkeytomemphis.com/Blog/Buying-or-Selling-in-2018-5-Reasons-to-Resolve-to-Hire-a-Pro

http://www.yourkeytomemphis.com/Blog/Housing-Prices-are-NOT-Heading-for-Another-Crash

http://www.yourkeytomemphis.com/Blog/Debunking-Real-Estate-Myths

Time on the Market Drops to New Low in 2017

by Melissa Thompson

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

Strong buyer demand, a good economy, and a low inventory of new and existing homes for sale created the perfect storm to accelerate the time between listing and signing a contract. The time needed to sell a home has dropped substantially since its highest mark of 11 weeks in 2012.

The chart below shows the median weeks on the market from 1987 to today.

Time on the Market Drops to New Low in 2017 | MyKCM

Bottom Line
If you are a homeowner who is debating whether or not to list your home for sale, know that national market conditions are primed for a quick turnaround! Let’s get together to discuss exactly what’s going on in our area, today! 901-729-9526 or Melissa@YourKeyTomemphis.com.

By: KCM Crew

Open House in Collierville TN! Amazing NEW Home!

by Melissa Thompson

1532 EXMOOR LN, Collierville, TN

OPEN HOUSE January 07, Sunday 12:00 PM - 4:00 PM

$ Click for current price
4 BEDROOMS | 5 (4 full, 1 half ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/9998916 to view more pictures of this property. Amazing Brand New 5 Bedroom(2Down), 4.5Bath, Celtic Manor Built Home in The Stables Subdivision in the Sought After Wolf River Corridor of Collierville! All Bedrooms w/Attached Baths, Granite Galore, Incredible Covered Porch w/Fireplace, Gleaming White Oak Hardwood Floors, GE Profile Stainless Steel Appliances, Soaring Smooth Ceilings, Soft Close Drawers & Doors, Incognito Custom Closets, Spacious Great Rm w/Gas Log Fireplace, Media Rm, 3 Car Garage, Architectural 30Year Asphalt Roof!

 

Displaying blog entries 1-10 of 757