There's Money in "Them 'Thar Hills" - 03/14/09 05:58 AM
I spoke with 3 local lenders in Sevier County, TN in the last couple of days who service loans in Gatlinburg, TN, Sevierville, TN and Pigeon Forge Tn.  I asked them about mortgage lending and why money was "so tight" and "not available" for those even with good credit scores.  All three of them looked at me like I was on another planet....
One said "it's a revolving door here--we're getting all kinds of re-financing and new loans...there's money to lend here!
Another corrected me, saying that her bank (WELLS FARGO) was continuing to offer 90% loans on vacation homes or … (1 comments)

Gatlinburg Short Sales--Personal Property Update - 03/12/09 08:07 AM
Just a reminder that furnishings (even including appliances) are considered by lenders to be "personal property" and are therefore not an automatic part of a short sale negotiation.  Typically the owner of a property can remove personal property during the short sale process, unless it is part of the written contract.  An addendum to the contract specialfically addessing the personal property in the home is one way to deal with this. 
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Maybe There's Hope.... - 03/09/09 07:44 AM
It's so easy to get overwhelmed---switch your TV from channel to channel and one is worse than the next..Warren Buffet says we've fallen off a cliff, the wars continue, polar bears are challenged, real estate sales are in the dumps....it seems everywhere we turn there is just more and more.  I was feeling this way, on this early spring morning in Gatlinburg, Tennessee, when I looked out my window and saw 100 robins in my front yard---OK I stopped counting at 86 but I know the rest of them were there!  In an eternal symbol of spring's imminent arrival, they had … (0 comments)

Just Pay it Forward..... - 03/03/09 07:36 AM
One of my favorite books, The Last Child in the Woods (Saving our Children from Nature Deficit Disorder) makes the point that all the environmentalists have gray hair, and it's critical that we pass our love of the mountains on to the next generation.  This is a photo of my husband doing just that with nephew William---on a fall day in Metcalf Bottoms.  It's so easy with all of the distractions and anxieties of today to think about other things, and get lost in the challenges and negativities of the moment.  But then, a drive into the mountains and a few … (0 comments)

 
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Jane Terrell, Broker Gatlinburg Homes for Sale

Gatlinburg, TN

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Century 21 Four Seasons

Address: The Terrell Team- Century 21 Four Seasons, 1441 Wiley Oakley Drive , Gatlinburg, TN, 37738

Cell Phone: (865) 223-8062

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Updates on real estate market information effecting the Sevier County TN area ( Gatllinburg, Sevierville and Pigeon Forge), and musing on why this is such a wonderful place to call home!


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