Market Study--Oak Ridge, TN, 4000 Square Feet or More - 01/31/08 06:19 AM
Coldwell Banker Wallace and Wallace, Realtors®, 865-483-4303
Cathy Glass, http://www.cathyglass.com/, 865-384-8636
Here is a five-year market study of the housing prices in Oak Ridge, Tennessee for houses that are over 4000 square feet. Let me know if you have a house over 4000 square feet that you want SOLD in the Oak Ridge or Knoxville area. I can fully market it for you and negotiate for the highest  and quickest sale possible.
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Today Show-Warning Signs of Forclosure-5 Things to Do - 01/30/08 08:21 AM
1 out of 100 homes is in Foreclosure
fBarbatra Corcoran says that you have a lot more time than you think before the foreclosure takes place, sometimes 3 months to 18 months. Sometime can stay for four years, if you do certain things.
Your are in trouble when you can't make your payments and the bank calls... Here are 5 things you can do.
1. Negotiate a short sale; ask to be able to sell for less than the mortgage
2. Apply for FHA loan it can give you more time
3. Ask for a reduced monthy payment
4. Return the deed to the lender. You will … (0 comments)

Who will you vote for? - 01/30/08 07:57 AM
If you go to a place like www.VAJoe.com you can answer a quesionaire that will tell you which candidate is closest to your opinions. It will tell you which candidate is closest and then the next three closest. It may be, also, that candidates have these questionaires on their websites, too. After I answered, I was surprised at the candidate who was closest to my opinions and the party affiliation.
(Also,I found out about something very disturbing about how some detainees are being treated, and I emailed the President to beg him to stop this practice immediately.)
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97% and 100% Loans with No PMI - 01/29/08 10:44 PM
Have you heard of 97% and 100% loans with no PMI and at the same interest rates? There are certain income requirements. BB&T offers them here in the Knoxville and Oak Ridge, Tennessee area. Has anyone seen this? Has it worked out well for the buyer? Is there anything we should be aware of? … (8 comments)

Oak Ridge, Tennessee Has Plenty of Music Opportunities - 01/29/08 10:32 PM
Oak Ridge, Tennessee is a great place for music opportunities, such as lessons, participation in school orchestras and bands, community orchestra and band. Oak Ridge has a symphony orchestra that is excellent. Check out www.orcma.com for many of the musical offerings in the city. I think you will be surprised at all this smaller (about 28,000) community has to offer. … (0 comments)

Oak Ridge Has a Fantastic Art Center - 01/29/08 10:06 PM
If you are thinking about moving to Oak Ridge, Tennessee....We have a fantastic Art Center! It is amazing all the opportunities there for being in a smaller town. World famous art instructors come there for workshops and classes. There are classes in drawing, oil, watercolor, life drawing, portrait drawing/painting, pottery, and much more. … (0 comments)

Six Parts To a Business Plan - 01/29/08 09:50 PM
Recently, I had a post recommending becoming an ABR and all the benefits that go with it. One of them is "The Real Estate Professional" a magazine produced by REBAC.
In this months issue, Carla Cross listed very succinctly the six parts to a business plan. Check it out on page 35. If you are not a subscriber, it will eventually be in the archives, which are posted on the website, www.TheRealEstatePro.com
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The Importance of Recognition - 01/29/08 09:42 PM
Brokers, please remember how important it is to recognize agents for their hard work, not just the new agents or your favorite agents, but all who have excelled. Agents came into this profession, not only for the money, but also for that acknowledgement and approval. It doesn't cost you a cent, but it may make your brokerage a lot of money. … (3 comments)

Did you See 60 Minutes Last Night? Stockton, CA Foreclosures High - 01/28/08 05:08 AM
Could you believe the numbers of foreclosures and preforeclosures they showed on 60 minutes in Stockton, California?  I, like everyone else, have heard that there are more foreclosures, but I had no idea it could be so many. People out there are just walking away from their houses because the value has dropped so much since they first bought. Can anyone find a copy of the map they used on the show? … (9 comments)

Knoxville, Tennessee is One of the Best Places to Live in the Country - 01/26/08 06:48 PM
Knoxville, Tennessee is one of the best places to live in the country 
1st - 2006 Best Places for Recent College Graduates to live            (Economic Research Institute)
3rd - 2006 Best Metro Area for Building Personal Wealth             (Salary.com)
5th - 2006 Best Places for Business and Careers            (Forbes Magazine)
9th - 2006 Hottest City for Business            (Expansion Management Magazine)
10th - Included in 2005 Ten Best Places to retire             (CNNMoney.com)
12th - 2005 Most Secure Place to Live, Large Metro Area              (FarmersInsurance.com)
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Free National Mortgage Counseling Hotline - 01/26/08 06:35 PM
Before your loan resets to a higher interest rate, call this hotline number to discuss your situation with a mortgage counselor. You can call 24 hours a day 7 days a week, and it may take about 45 minutes to complete the call. The number to call is 888-995-4673. There is also a website that might help, hopenow.com. … (0 comments)

Oak Ridge Must See - 01/26/08 07:00 AM
You must see 141 Pembroke in Oak Ridge. There is so much space in it. Though I can only advertise 2 bedrooms, there is another room that used to be a bedroom. There are also 2 sunrooms and the living room dining room is really spacious and so well lit. You must see it … (0 comments)

Today Show-Here's the Story-Buyer Sues Realtor for Paying Too Much for House - 01/25/08 06:47 AM
This woman bought her house during the boom, and now says she was misled and is disappointed and angry. She is accusing her agent of being dishonest about the prices of houses on the street. Some sold for $175,000 less. She said that three houses on the street were for sale and ones they didn't buy were better and had more features, pool, more square footage and were less. She says she got an agent with 26 years experience from Carlsbad, and if he had pertenent information, he should have shared it. The buyer says the house was a track home all built by Brim builders, … (15 comments)

WATCH TODAY SHOW 7 a.m. Jan 25---Buyer Sues Realtor for paying too much for house - 01/25/08 06:03 AM
Make sure you watch the Today Show today. They are doing a spot about a buyer who is sueing her realtor, because she said she paid too much for the house. The Today Show has been having a show about real estate everyday for quite some time. So hurry turn on NBC and watch the today show right now. … (6 comments)

One of the Most Useful Technology Purchases - 01/23/08 07:57 AM
One of my most useful technology purchases has been electronic fax. I use Send2Fax, but I know there are several other companies out there. The faxes come straight to my email, where I can email them to clients, title companies, etc,, or send them as a fax from my computer without ever needing to print. It's good piece of mind, too, to know that if a hard copy gets misplaces, I still have the one in my email and/or saved in the property file on my hard drive. … (4 comments)

Did you know there are 2000 uses for WD-40? - 01/23/08 06:57 AM
Did you know there are 2000 uses of WD-40? I saw that in the "Residential Specialist" magazine and decided to search for the 2000 uses online. Here they are: http://www.wd40.com/pdfs/WD-40_2000UsesList.pdf There are uses for Home/Garden, Car/Truck/ On the Job, Garage Workshop, and Other (like get adhesive off the tails of show calves). The company has several disclaimers at the bottom, one being,"Consumers should excercise common sense whenever using WD-40." … (4 comments)

For Helpful Information Buyer's Representatives--Become ABR and join REBAC - 01/23/08 06:44 AM
As I receive my new issue of "Today's Buyer's Rep," I'm reminded about how valuable it is to be an ABR and a member of REBAC. Besides the news letter, I get a magazine that has so much information, it can take a month to read it. There is a Homebuyer's Toolkit that you can buy for your clients, too. Besides the helpful articles, this month is on presenting an offer, they always have a detailed write up of a court case involving buyer representation. I highly recommend it. … (5 comments)

How to Sell During this Market, from the Today Show, Part 2 - 01/14/08 07:00 AM
How to Sell During this Market, from the Today Show:
What should sellers do?
1. Create a buzz. Put the house on eBay and YouTube.
2. Create a buzz in your own neighborhood by connecting with the other people's open houses, etc.
3. Rent a wide angle lens and take pictures on a sunny day.
4. Offer the buyer a goody bag, such as, pay their taxes for a year, closing costs, lawn services, maid services, etc.
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How to Sell During this Market, from the Today Show, Part 1 - 01/14/08 06:55 AM
From the Today Show this morning:
Biggest Mistakes Sellers Make during this market:
1. Making small price reductions again and again. It's like chasing the tide and you never catch up to the market value. It's better to cut the price another 10%, and you may end up with people bidding on your house
2. Choosing the wrong broker. The top 10% of agents produce 90% of the commissions. Go ask the broker who are the top 5 in the office and then pick one of them.
3. Waiting to sell your home. Don't do it; sell it now, because everyone is thinking that way. … (2 comments)

More Space Less Money One Level Home in Oak Ridge Tennessee - 01/12/08 07:13 AM

IMAGINE THE POSSIBILITIES. Start with a 2 BR, 1 BA home, then add a 3rd 11X10'8 room, 2 (two) sunrooms, and a large attached workshop area. The heat/air, carpet, and shower are less than 3 years old and hardly used, and some electrical has recently been updated. Seller already had a home inspection and completed most of the repairs. Seller offers a $2, 000 paint allowance PLUS $2, 000 in closing costs AND the new washer & dryer stays. Square footage taken from tax records.
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Cathy Glass, Realtor® Knoxville Tennessee

Knoxville, TN

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Realty Executives Associates

Address: Knoxville, TN, 37922

Office Phone: (865) 693-3232

Cell Phone: (865) 384-8636

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Oak Ridge, Tennessee and Knoxville, Tennessee area real estate professional, Cathy Glass, writes about her listings, the area market, and real estate news.


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