Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 16

101 Things To Do In Memphis #2: Oil Painting at Memphis College of Art

by Melissa Thompson

Learn the basics of oil painting in the tradition of the old masters. We'll study the behavior of light and learn to accurately identify the interaction between light, shadow, texture and pattern while refining the painterly gestures to express what we see with oil. By focusing on the foundations, we will apply these skills to create visually rich oil paintings. This class is a good introduction for those new to painting with oil, as well as a great refresher for those who are already familiar with this medium.

Feb 2, 2018 to March 23, 2018
Each Friday 10:30 am to 1 pm

Sign up here.

Memphis College of Art
1930 Poplar Avenue, Memphis TN  38104

By and photo credit: https://www.facebook.com/events/2012301949026226/

View our Video Blog

Buying a House? Don’t Skip the Home Inspection!

by Melissa Thompson

With all the fees and expenses involved in purchasing a home, it may be tempting to skip the home inspection to avoid spending the money.  But in the long run, it may cost you more to skip it. Home inspections sometimes reveal things that ultimately could have cost you way more than the fee involved.

While you might think that sellers are being honest about the condition of the home, it’s important not to take their word for it.  Truthfully, they probably are being honest.  But they don’t necessarily see what could be “wrong” with the house any more than you do.  That’s why you need an expert to come in and do the inspection. They can find things that never would be noticed by the naked eye because they know what to look for. Home inspectors can also give you advice and things to look out for in the future. With that information, you can have an idea of how to prepare for potential costs down the road.

A home inspection can be a deal breaker as well.  For example, if sellers offer a discounted price or cash back for skipping the inspection, walk away from the deal.  This is a huge red flag!  A home inspection only takes a few hours and is paid for by buyers, so there is no reason sellers should protest unless there are critical issues in the home they know about and are trying to hide.

When hiring a home inspector, you want someone with many years of experience and proper certifications and licenses. You also want someone who will be thorough…willing to go through the basement, attic and up on the roof to check out every nook and cranny of the home.  It’s important to gather as much information about the house as possible so that you know what you are getting in to.

It is not mandatory for you to be present for the inspection, but it’s a good idea to be there.  Some inspectors are happy to have you walk along with them and ask questions as you go.  Others will want to do the inspection on their own and then have you do a walk through with them after they are done.  Either way, be sure to look carefully through the report they give you and ask as many questions as you want.  Remember that you are paying for their time, so don’t hesitate to have them go over the report with you so that you have a clear understanding of it.

Even if your inspection comes up clean, the fee you pay is worth the price to have peace of mind. Include it in your home-buying budget and don’t think of it as an “extra” expense.  It is a crucial element of your decision in purchasing the home and paying a $450 fee and finding nothing wrong is better than skipping it and ending up having to replace your roof for $3000! 

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/Buying-a-Home-Can-Be-Scary-Unless-You-Know-the-Facts

View our Video Blog

5 Reasons Millennials Choose to Buy

by Melissa Thompson

Some Highlights:

- “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”

- The top reason millennials choose to buy is to have control over their living space, at 93%.

- Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they’d like, or renovate an outdated part of their living space.

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

View our Video Blog

101 Things To Do In Memphis #1: Muddy’s Kitchen & Tasting

by Melissa Thompson

Due to popular demand, Muddy's presents the long awaited... EVENING Kitchen Tour!

That's right! Get ready for a not so typical Friday night! Whether it's a girls night, date night, or family night out, one thing is for sure, a behind the scenes Muddy's experience will not disappoint!

Peek behind the curtain to learn how it all works and have a blast with our team. Their tours are open to the public and occur once a month at the Broad Avenue baking kitchen.

For an action-packed 2 hours, you'll watch the baking team create cupcakes, pies, and other treats while learning some secrets of their trade.

Meet the real people who make the Muddy's treats you love, and try your hand at a few baking tasks. But don't worry, they won't make you wash dishes!

Decorate cupcakes and try your hand at cake inscriptions...But we know what you'll really come for: the tastings! But we're not just going to let you grab a Frankly Scarlett cupcake and run. You'll learn the difference between eating and tasting to experience how our team assesses product quality.

Note, ticket sales end midnight on the Wednesday before the tour.

By and photo credit: https://www.facebook.com/events/258059994724660/

View our Video Blog

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

View our Video Blog

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

View our Video Blog

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

View our Video Blog

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

View our Video Blog

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

View our Video Blog

Displaying blog entries 1-10 of 16