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Beautiful 5BR Collierville Home! 761 Meadow Vale Drive

by Melissa Thompson

761 MEADOW VALE DR, Collierville, TN

$ Click for current price
5 BEDROOMS | 3 (3 full ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10025046 to view more pictures of this property. Magnificent 5BR(3Down) Home in Prestigious Collierville! Gleaming Hardwood Flrs, Updated Baths w/Granite & Tile, Lots of Closet Space, Smooth Ceilings, Updated Fixtures, Wonderful Eat-In Kitchen w/Full Complement of NEW Stainless Steel Appl, Lovely Formal Dining Rm, Heated & Cooled Sun Porch, Spacious 2-Story Great Rm w/Vent Free Gas Log Fireplace, Loft Overlook, Office, Romantic Master Suite w/Spa-Inspired BA, Delightful Fenced Backyard w/Patio & Pre-Wired Storage Building!Collierville Schools!

 


Things to Look for When House Hunting: A Top Ten List

by Melissa Thompson

House hunting can be overwhelming sometimes, especially for first-time home buyers.  Chances are you might get caught up in the process and important details might slip by you. While the number of rooms, condition of the kitchen, and size of the yard are important, there are other things to consider before you make an offer.  This list of things to look for can help get your search off to the right start.

Location, Location, Location

They say that the 3 most important things to look for when buying a home are location, location and location.  While a home might not be perfect, loving your neighborhood and neighbors can make all the difference in living with imperfection.  And face it…you can change almost anything about your house, but you can’t change its location or the people living nearby.  When you go house hunting, make sure to consider the home’s proximity to your work, the appeal of the neighborhood, where in the neighborhood the home is situated, ease of access, noise from neighbors, traffic, pets and access to parks, shopping, schools and public transportation.

Home Placement

Beyond location, look at how the home is situated.  If the home is on a hill does it have a view, a walkout basement, or lots of stairs to climb? Do neighbors' windows look directly into the home? Is the yard suitable for kids, pets, gardening, or other uses? Is their safe access to the home? These are all important questions to ask yourself when determining if it is the right property for you.

Check Out the Neighborhood

While it’s important for your house to meet your expectations, it’s equally important that the neighborhood meets them too. Take a drive around the development you are interested in on week days and weekends, during the day and in the evening.  Are the homes in good repair? Are yards kept clean and tidy?  Is the neighborhood safe enough for people to walk, run or bike?  Are there children playing outdoors?

Consider a Home’s Curb Appeal

You want a home that is going to reflect your lifestyle. Do you live a casual, laid-back life? Then you probably won’t want a formal Victorian or Tudor style home.  A simple, contemporary home might better suit you.  Pay close attention to exterior features.  Think about maintenance.  For example, a brick home is easier to maintain than one with siding.  Do you like working in the yard?  If not, you might not want a house with extensive landscaping.  Is the roof in good condition?  Attention to detail will help you choose the home with the best curb appeal for you.

Size and Floor Plan

You may be thinking about buying your dream home. But is your dream home practical?  Do you need 4 bedrooms and 4 baths when you live alone? A spacious home may provide the extra room you've always wanted for a home office or a theater room, but you'll pay higher heating bills and have higher taxes. Additionally, it will take more furniture to furnish and money to decorate. Think about how the new home space will be used and whether it will fit your lifestyle now and in the future.

Bedrooms and Bathrooms

Decide how many bedrooms and bathrooms you will need and only look at homes that meet that criteria.  You don’t want to fall in love with what is otherwise a perfect house if it doesn’t provide the space needed for your family.  It’s smart to consider counting an extra bedroom in that number so that you have additional space for a home office or guest room. If you think you might add on to the home later, make sure you consult an architect who can advise you on space planning and regulations.

The Kitchen

For many people, the kitchen is the heart of the home. Don’t settle for a home with a kitchen that doesn’t work for you.  Yes, you can remodel later, but at great expense.  If it’s an easy fix like replacing cabinets or countertops, get a price quote before committing the house so that you will know if it is within your budget to take that on.

Closets and Storage

Older homes often have small closets and lack storage space.  As you’re looking at a home ask yourself where you will store your belongings.  Tiny closets don’t have to be a deal breaker.  There are ways to maximize storage without renovations. Newer homes tend to have lots of storage and you may sacrifice living space while having more closet space than you need.

Windows and Lighting

While looking at a home keep in mind your preferences regarding light and privacy.  Do you want a lot of windows to provider bright, sunny rooms?  Pay attention to the locations of electrical outlets and fixtures to make sure they will meet your lighting needs.      

Finishing Touches

Even a simple home can look spectacular with the right moldings, hardware, and a fireplace.  If elements like these are important to you, look for them while house hunting. 

You may not find everything you want in one house, but keep this list handy and you are more likely to find the home that best suits your needs and desires.  Better yet, let Melissa Thompson and her Team at Your Key to Memphis help you find your dream house today!

Happy House Hunting!

Photo credit: gorenter.com

Everything you have ever DREAMED of! 11710 Macedonia Road

by Melissa Thompson

11710 MACEDONIA RD, Arlington, TN

$ Click for current price
4 BEDROOMS | 6 (4 full, 2 half ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10024605 to view more pictures of this property. Everything you have ever DREAMED of in a home! Situated on 4Acres of Pure Peacefulness Featuring a Sparkling In-Ground Pool,Fully Stocked Pond w/Fountain,Gleaming Hardwood Flrs,Home Audio Sys,Smooth Ceilings,Updated Fixtures,Beautiful Molding,Gourmet Kitchen w/Granite & Stainless Steel Appl,Butler's Pantry,Great Rm w/Stone Fireplace,Bonus Rm w/Wet Bar,Romantic Downstairs Master Suite w/Luxury BA,Coffee Bar & 14x13 Workout Rm,Storm Shelter,Backup Generator,3Car Garage,Covered Patios & Balcony!

 


How Much Do You Need to Make to Buy a Home in Your State?

by Melissa Thompson

It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C.

States in the Midwest came out on top as most affordable, requiring the smallest salaries in order to buy a median-priced home. States with large metropolitan areas saw a bump in the average salary needed to buy with California, Washington, D.C., and Hawaii edging out all others with the highest salaries required.

Below is a map with the full results of the study:

GoBankingRates gave this advice to anyone considering a home purchase,

“Before you buy a home, it’s important to find out if you can afford the monthly mortgage payment. To do this, some financial experts recommend your housing costs — primarily your mortgage payments — shouldn’t consume more than 30 percent of your monthly income.”

As we recently reported, research from Zillow shows that historically, Americans had spent 21% of their income on owning a median-priced home. The latest data from the fourth quarter of 2017 shows that the percentage of income needed today is only 15.7%!

Bottom Line

If you are considering buying a home, whether it’s your first time or your fifth time, let The Melissa Thompson Team help evaluate your ability to do so in today’s market! 901-729-9526

By: KCM Crew

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Be WOWED by this 5BR Germantown Home! 7209 McVay Manor Cove

by Melissa Thompson

7209 MCVAY MANOR CV, Germantown, TN

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

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10024500 to view more pictures of this property. Be WOWED the Moment you Walk Into this Spectacular 5BR(2Down),4.5BA Home Situated in a Quiet Cove in Prestigious Germantown Featuring Gleaming Hardwood Flrs Throughout,Plantation Shutters,Smooth Ceilings,Open Flr Plan,2Fireplaces,Granite Galore,3Car Garage,Gourmet Eat-In Kitchen w/Stainless Steel Appl Opens to Hearth Rm w/Built-In Bookshelves,Formal Dining Rm,Spacious Great Rm w/French Doors Leading to the Covered Patio Overlooking the Gorgeous Fenced Backyard,Huge Bonus Rm! Germantown Schools!

 


101 Things To Do In Memphis #13: 16th Annual Southern Hot Wing Festival

by Melissa Thompson

The Southern Hot Wing Festival® is a celebration of the chicken hot wing, the drummie, the flat, flap, and everything in between. Established in 2003 by a local Memphain who felt that the South had more to offer than just amazingly great BBQ, the Southern Hot Wing festival has become a staple event each April bringing with it the warmth and the fire to usher in the Spring!

Boasting, on average, around 70+ teams a year, the Southern Hot Wing Festival glorifies the almighty chicken (wing) in much the same way that Memphis BBQ has done with the Pig.

As in years past the event will again pack the streets with the sweet smell of hot wings, gregarious participants, terrify music, and entertainment which the whole family can enjoy. So whether you are an aficionado looking to savor some of the best wings around town or you are looking to compete for a shot to show off your best wings… this is the right event for you!

Bring your kids, bring your friends and come PIG out on some great wings from the best teams around!

The festival takes places April 21st at Tiger Lane from 11 am – 7 pm.

By and photo credit: http://www.southernhotwingfestival.com/

Low Fayette County Taxes! 20 Birch Springs Drive

by Melissa Thompson

20 BIRCH SPRINGS DR, Oakland, TN

Just Listed

$ Click for current price
3 BEDROOMS | 3 (2 full, 1 half ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10024588 to view more pictures of this property. Amazing Home in Oakland w/Low Fayette County Taxes Featuring Gleaming Wood Flrs, Neutral Colors, High Smooth Ceilings, 3BRs, 2.5BAs, Updated Fixtures, Snuggle up Beside the Romantic Gas Log Fireplace in the Spacious 2-Story Great Rm w/Loft Overlook, Style & Utility are Masterfully Fused Together in the Eat-In Kitchen w/Full Complement of Stainless Steel Appl & Custom Cabinets, Play, Party or Entertain in the Large Bonus Rm, Nice Office, Relax in the Fenced Backyard w/Covered Patio, 2Car Garage!

 

Homeowner’s Insurance: The Basics

by Melissa Thompson

Becoming a homeowner for the first time can seem like a daunting task. There are so many details and many first-time homebuyers don’t know all the ins and outs of homeownership. It’s important to educate yourself and be prepared for what’s to come.  One aspect of being a homeowner is paying homeowner’s insurance. 

To understand how you pay for homeowner’s insurance, you need to understand your monthly mortgage payment and how it breaks down.  There are four parts to you mortgage payment: PITI.  This stands for principal, interest, taxes and insurance.  The insurance part of your payment can vary depending upon your loan type.  There are some insurances that are required when you obtain a mortgage, and others that are not.  It’s up to you to decide what you need and to do so, you need to understand what they cover.

Private Mortgage Insurance (PMI) will usually be required if you are putting down less that 20% on your home purchase.  But not all loans require PMI.  For example, a VA Loan does not require the borrower to pay PMI. It is replaced by an upfront VA Funding Fee.  Even if you are required to purchase PMI, once you have 20% equity in your home, it can be dropped.

Homeowners insurance is another requirement of getting a mortgage loan.  This is the insurance that protects your home in the event of fire, theft, or damage.  Depending on the insurance you choose, you may be covered for things like stolen jewelry and stolen or damaged electronics and/or furniture.  You must be able to provide proof of insurance to your lender before closing on your home.  This insurance not only protects you as the homeowner, but it also protects the lender in case of foreclosure or in the event of a disaster.  It is common for the lender to require you have at least enough insurance to cover the cost of rebuilding the home.

Another requirement is that you purchase Title Insurance.  This insurance protects you by providing proof of legal ownership should someone else try to claim ownership of the property.  Should a title dispute arise resulting from a sale, the title insurance may be responsible for paying specific legal damages, depending on the policy you have.

There are additional insurances that are not required by your lender, but you may want to consider them for more protection.  Personal property insurance may cover personal belongings that your homeowner’s insurance does not cover, like art, collectibles, and firearms.  A home warranty is not insurance, but does offer further protection should something break. For example, you might want a home warranty for your HVAC system to cover the cost of service should it need repairs.  Purchasing additional insurance or a home warranty is a personal choice. You can talk to your mortgage banker and insurance agent regarding your options.

If you are interested in purchasing a home, the professionals at Your Key to Memphis can help you find your dream home and answer any questions you may have.  Contact Melissa Thompson and her team at 901-756-8900 or 901-729-9526 and start your home search today!

All on One Level Germantown Home! 8078 Goringwood Lane

by Melissa Thompson

8078 GORINGWOOD LN, Germantown, TN

$ Click for current price
4 BEDROOMS | 3 (3 full ) BATHROOMS |

For more information, contact Melissa Thompson at (901) 729-9526. Visit http://www.crye-leike.com/memphis/10024426 to view more pictures of this property. Amazing 4BR,3BA All on One Level Home in Prestigious Germantown Framed by Towering Trees Featuring a Delightful Screened-In Porch Overlooking the Beautifully Landscaped Fenced Backyard, Snuggle Up Beside the Cozy Gas Log Fireplace in the Spacious Great Rm, Wonderful Eat-In Kitchen Equipped w/Full Complement of Appliances, Host the Finest Dinner Parties in the Lovely Dining Rm, Relax in the Light Filled Living Rm, Play, Party & Entertain in the Huge Bonus Rm, Romantic Master Suite w/Private Bath!

 


101 Things To Do In Memphis #12: Southern Junkers Vintage Market

by Melissa Thompson

Southern Junkers Vintage Market is "Home Grown" right here in Memphis! The One and only Vintage Market in Memphis, Tn!

Southern Junkers Vintage Market is listed in City Farmhouse Style's new book, and Flea Market Style Magazine!!

They are doing something Very SPECIAL for the Spring Market this year!!!!! Do you love Champagne? Well guess what? We do too, and we are celebrating and want YOU to join us!!! On Friday April 13 from 9am til Noon, (tickets are limited) we are having Mimosa's and a breakfast bar!

Our special guests Kim Leggett of City Farmhouse and Gale Brisa from San Diego of Vignette It, Erin E Anderson, of Erin's Art and Design are joining us for a Meet and Greet and Book signing! The Brand New City Farmhouse Style Book, by Kim Leggett.

Tickets are limited for our Early Buying and First Shop of the show from 9am til Noon, and only sold online and are 20.00 each, and gets you in all weekend! Must present printed ticket at entrance. 
General admission begins on Friday April 13 from noon to 6p on Friday, and Sat. April 14th from 9am to 5pm. Tickets are 8.00 per person and sold at the door.

TICKET LINK HERE

Vintage and Antique Market with over 65 amazing Vendors from across the country. Farmhouse Style, Vintage, MCM, Antiques, Boutique, Jewelry. Paint demo's, Food Trucks, and more!

By and photo credit: https://www.facebook.com/events/1763750160581908/

Displaying blog entries 1-10 of 802