Tim's Blog

Speechless Sunday - Oh Christmas Tree, Oh Christmas Tree

Sun, 13 Dec 2009 17:16:09 -0600

More like Oh Christmas Trees. We typically go all out for Christmas although I must admit we have slacked in the past few years omitting the outside lighting we once did as well as to reduce from FIVE Christmas Trees to the two. Here's wishing one and all, young and old - a very Merry and Blessed Christmas.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Clarksville TN - Help make it a better place if you can

Wed, 09 Dec 2009 20:39:16 -0600

Clarksville TN - Help make it a better place if you can.

What can YOU do to make Clarksville TN a better place to live? That was the thread title on a local forum that I visit from time to time. It started back in May of 2008 and had over 31 pages of responses - my immediate thought was WOW this is great! I made it to page 12 and skipped to the end. A bunch of complaining was basically what it turned out to be. One page of quality ideas and 30 pages of pure nonsense which the moderators apparently allowed.

Anyhow, I believe the question has merit and can easily be applied to any town or city in the U.S.A. If people would sincerely ask themselves this question: What can YOU do to make (Insert City Name Here) a better place to live? Speaking of Clarksville Tennessee (where we live) I can answer that and practice what I preach type. It is easy to simply sit here and "say" what I "would" do - it is entirely different to back it up. While I am simply ONE in a city of over one hundred thousand - if I (One) get out there and "DO" then someone will notice and join me, thus a chain reaction. Sounds too easy right? Never going to happen right?

I don't buy that for a minute - I believe in the power of positive examples and while I will not get everyone to "DO" if I only get ten, then that is ten more that have made Clarksville TN a better place to live regardless of how insignificant their efforts may appear in the grander scheme of things. Before I answer the question that has been posed let me first answer the question that is inherent of the master question:

What am I doing to make Clarksville a better place to live? You first must address this question yourself before answering the other. This could prove difficult for some as they may not realize what they "DO" or may come to a quick realization that the "DO NOTHING" or do things that make Clarksville Tennessee a worse place in which to live.

For me, it starts at the home- My Home (or Our Home). I ensure that my home is in good repair, my lawn is maintained and that I have beautiful flowers for all to view, for the butterflies, bees, etc to visit. My neighbors, most of whom are older and cannot get out in the heat of the day and plant flower beds certainly say that we "DO" make our neighborhood a better place in which to live (a sub-component of Clarksville). Additionally, at the home, I assist my neighbors with watching their homes, helping cut down a tree, repair a gutter, etc in order to add.

At the School- in which my daughter attends - Pam and I are at every meeting and every event when we are in town. We are very involved in the school and I can tell you that this DOES matter and it DOES reflect on the children and the school as a whole when parents get involved. The records prove this as our daughter's school was consistently in the top of the district in the past couple years - this starts at home and extends into the school which is another sub-component of Clarksville TN.

Now that I have answered that, it appears that I can "DO" much more, but what? Time to ask myself the question I have posed:

WHAT CAN YOU DO TO MAKE CLARKSVILLE TENNESSEE A BETTER PLACE TO LIVE?

• Get involved with the local community - go to the city council meetings that are open to the public and make my opinion count.

• VOTE - many people like to complain that their local government is doing nothing, or doing a bad job, or far worse corrupt, etc - I'll bet that the most vocal of these don't even take the one hour it would take to exercise their right to vote. Could you imagine if we had 70% of Americans vote during a general election? (Pam and I do vote - BUT we were once in the other category)

• Volunteer! Can be as simple as volunteering to sponsor a mile on the one of Clarksville's highways or major roads in order to ensure that mile is free of litter. Perhaps a volunteer in the Citizen Police Program to assist our authorities in cleaning up crime. One of the wealthiest men in our city walks our neighborhood every Sunday with a trash bag and picks up trash along the road! He could easily afford to pay someone to do so, but ‘HE DOES' himself.

• Speak-out! Instead of talking on boards or with friends about a nasty area in town - go up, knock on the door and ‘Ask' if they would clean up their area - or better yet VOLUNTEER to assist them. Never know, it might be an elderly couple who just cannot do it, nor can they afford to have it done.

• Sponsorship - Goes hand in hand with volunteering. Get with your local office (Realtors) or your Civitan club and Sponsor a family - an area, etc. A good idea that I want to try to get our office to do would be to Sponsor an area downtown to cleanup .

In the end, one is the start to many. What can you do to make your City a better place in which to live?

Regards

How to sell your house in a short sale, is a very scary experience, let the experts help.....

Tue, 08 Dec 2009 17:54:55 -0600

Valuable information for any homeowner who is considering a short sale of their home courtesy of Sandy Bliven

Via Sandy Bliven, e-PRO, Westerly RI Real Estate (Coldwell Banker Cahoone Westerly, RI):

Introduction

In today's modern world, it's easy for homeowners to get "upside-down" or into an "equity-deficient" position where they owe more on their mortgage than their home is worth. With rising interest rates, high loan-to-value ratios, higher energy costs, or higher unemployment ratios in certain geographic areas of the country, homeowners can easily find themselves in a tight situation where making a mortgage payment can get harder and harder each month. This situation can end up being a downward financial spiral, yet there are qualified professionals to offer insight and sound resolution practices.   After two to three months of missed mortgage payments, the mortgage lender will record a written notice in the county where the property is located, which alerts the homeowner to the beginning stages of the foreclosure process.   This recorded notice, whether a "notice of default", "notice of trustee's sale", "intent to sell" or similar, reveals to the world that the homeowner is having trouble making the required payments toward contractual agreement of the mortgage note(s). At this stage, the homeowner is now officially in "pre-foreclosure".

Unfortunately, one-half of these homeowners ever even contact their lender in an effort to resolve their situation. This "do-nothing" mentality is a costly mistake that damages both consumer credit scores and borrower personal integrity. A "foreclosure" status on a credit report is far worse than a bankruptcy. Homeowners can simply avoid "foreclosure" by listing the equity-deficient property for sale with a qualified professional.    YES! Homes with no equity can be sold on the market! The key is to find a real estate broker or agent who is trained specifically on how to negotiate short sales with the mortgage lenders.   Pre-foreclosure situations can be cleaned up quickly if you take action. Foreclosure can be avoided, but you must be willing to take proactive steps to correct and resolve the situation.

This guide on "How to Sell Your Home in a Short Sale" covers:

What is a Short Sale transaction and how is it beneficial?

How a Short Sale affects your credit score vs. a foreclosure

Possible Tax Ramifications

How to find a Short Sale Real Estate Broker / Agent

What information you need to provide to your real estate broker/agent

Who pays the Broker/Agent Commission

Elements of a Hardship Letter

Why it's important to act now - don't delay

What is a Short Sale transaction and how is it beneficial?

A real estate short sale transaction allows you to sell your home on the market - even if you don't have equity. The definition of equity is: A net financial interest in property ownership. You'll need a professional real estate broker/agent who is specifically trained to perform a short sale, because your broker/agent will be negotiating, for your benefit, a discount of the total balance due of your mortgage note with your lender.

This is a great solution for many homeowners because it allows them to get out from under the debt, walk away with head held high, and save credit scores from incredible damage of a "foreclosure" rating.

A short sale occurs in the pre-foreclosure process. Once a homeowner has received a Notice of Default (NOD), he/she has a specified amount of time to cure the default or the lender will start proceedings to foreclose on the mortgage.

A FORECLOSURE is the loss of a right to redeem a mortgage.

A MORTGAGE is a right to conditional conveyance of a property.

A real estate agent, trained in short sale transactions, can list your home on the commercial market, price it accordingly and negotiate directly with the lender to accept a purchase offer for less than the principle, interest and impound account balance(s) due.   It's vital that you cooperate fully with your short sale real estate broker/agent, because he/she is working in your best interest to get the lender to release the mortgage at a discount. Later in this guide, we'll review the documents your broker/agent will request from you.

How a Short Sale affects your credit score vs. a foreclosure

Your credit is most likely a bit damaged at this point. You are three months or more overdue on your mortgage payment. So, there's good news and bad news on this one. A short sale will affect your credit score, but the good news is that it won't be as harmful or long-lasting as a foreclosure.

A short sale is notated on your credit report as a Short Payoff, Settled, Paid, Offer and Compromise. This indicates to lenders that you took action and attempted to rectify the loan obligation. You were responsible, listed your home for sale and took a proactive interest. You will be rewarded for this over a foreclosure.

A "foreclosure" mark on your credit report is a bad sign or indicator to lenders. It puts you in a higher risk category because a "foreclosure" describes you as someone who didn't take any action or responsibility to repair or cure the Notice of Default. Chances are, future creditors will think you have a high risk of "walking out" on your loans again.

Tax Ramifications

In some short sale transactions, the lender may release your mortgage debt to a short sale. You could still remain liable for tax consequences on the amount forgiven via:

A 1099-MISC form for miscellaneous income on the deficient amount or by filing of a personal judgment. Meaning, if you owed $120,000 on your mortgage and obtained a release from your lender for the balance due of $100,000, you could be liable for what is called "debt cancellation" of the $20,000 deficiency, which is reported on a 1099-C. This is treated as "ordinary income" and would be taxed the same as wages, interest income, pension, etc. Make sure you consult with a qualified tax professional to help determine your individual tax liability circumstances.

This is another reason for you to use a qualified, professional short sale specialist broker/agent in your market. This broker/agent will be negotiating your best interest with the lender on your final tax-associated details and others. Your broker/agent will be able to request the lender NOT give you a 1099, but nothing is guaranteed.   It is up to each individual lender whether to accept or deny requests to avoid a tax payer liability.

How to find a Short Sale Real Estate Broker / Agent

If you are reading this guide on Short Sale transactions, chances are you received it from a broker/agent who already specializes in short sale transactions. Contact the broker/agent listed on this guide and request a listing appointment to go over the details.   This broker/agent will be able to help you sell your equity-deficient home. If you don't already have a broker/agent in mind, visit sandycoldwell@aol.com - Here you will find qualified broker/agents who have been certified in short sale real estate transactions.

What information you need to provide to your real estate broker/agent

When you meet with your real estate broker/agent, you will be given a list of documents to prepare for the agent. These documents will allow the broker/agent to communicate with your lender on your behalf and submit the necessary documents for negotiation of a short sale.   You will have to work quickly to get these documents, usually within 48 hours after your listing meeting with the broker/agent.

The list of documents you need to provide include:

Copies of your most recent mortgage statements

Lender's letter of Notice of Default (if available)

Copies of your most recent tax return

Copies of your two most recent pay check stubs

Copies of your most recent bank account statement(s)

A hardship letter - written in your own words on what has caused your financial distress

You may also be requested to submit a Borrower Financial Statement, but do this only upon request. It may not be necessary by all lenders.

Who pays the Broker/Agent Commission

Your house is in foreclosure and you can't sell your home for a profit, so how do you suppose you will be able to pay a commission to a broker/agent?   The beauty of a short sale transaction is that closing-related fees, liens, encumbrances and transaction commission are paid from the proceeds of the sales transaction. You generally have no money out of pocket. You can discuss other possible creative financial options available with your chosen broker/agent.   That's great news! You can sell your equity-deficient home and not have to pay the commission out of your proceeds!   Typically, short sale broker/agents will list the sale commission at 6 - 8%, a bit higher than traditional transactions because the short sale process is more time-consuming and difficult to master. This is a process attractive to many because the commission amount is negotiated along with the rest of the short sale details.

This is why short sales create winning situations for all parties involved:

•·        the bank wins by avoiding the costly expense of a foreclosure proceeding;

•·        you, the seller, win by selling your equity-deficient home and avoiding a foreclosure

•·        the agent/broker wins by getting a commission from the proceeds

•·        the buyer wins by buying a property with instant equity.

Elements of a Hardship Letter

The hardship letter you submit to your real estate agent will go directly in the short sale file that is submitted to the lender for acceptance. It is THE most vital tool you have to explain your situation, and your inability to pay your mortgage.    When writing the hardship letter, be sure to mention the status on: Employment: were you laid-off, fired or injured on the job?

Health: did you or a close family member suffer serious health problems?

Marriage: did you recently divorce and face financial problems? There are specific reasons in your life that have caused you to fall behind on your mortgage payments. Be sincere and honest as you list these causes, but be sure to list everything. This hardship letter is your opportunity to communicate the exact reasons why you've had difficulty making your mortgage payments. The lender will read this when making the decision to accept a short sale offer on your home and release you from the deficiency balance.

Why it's important to act now - don't delay

If you have a notice of default (NOD), time is ticking. Each state is different, but in general you have only a few months to negotiate a short sale transaction.   The first thing to do is make an appointment with a Short Sale Real Estate Broker/Agent. Locate a qualified broker/agent at: www.sandybliven.com      The next thing to do is heed the advice of the Short Sale Professional and gather together the necessary documents. Your broker/agent will inform you of the specific foreclosure process in your state and make sure the sale completes itself within the designated time frame.   If you delay, you waste vital time the property could be listed for sale and diminish the short sale review timeline your lender needs to approve your short sale offer. Find a licensed real estate professional specializing in short sale transactions and let them bear the brunt of negotiating a short sale transaction in your favor!   A short sale will allow you to leave your property with dignity and protect your credit score from major, long-term damage.

Sandra Bliven -

401-286-2571

Short Sale Specialist, RI and CT

e-PRO Certified, Mobile Notary

This is what you need

1. 2 Yr Tax Returns

2. Hardship letter

3. One month of pay stubs if any

4. Copies of most recent mortgage statements

5. List of monthly statements

6. Copies of any liens - IRS, Mechanics, etc

7. Provide copies of bills for water, real estate tax, sewer, fire taxes, etc.

8. Copies of 2 months of bank statements

Regards

Moving Tips

Sun, 06 Dec 2009 17:59:21 -0600

Pam and I know the many decisions involved in undertaking the sale of one's home, so we thought it might be helpful to share some moving tips with you that our Clarksville TN Real Estate clients always seem to appreciate.

Tips To Make Your Move Easier

Moving can be a stressful time; however, there are several things that you can do to make your move a smooth one. If you know that you're moving ahead of time, it's a good idea to start packing as early as possible. Remember, Rome wasn't built in a day and, unless you have to be out in a hurry, it's better to take your time and remember every little detail now than to find yourself with the moving blues later.

A Little Goes A Long Way

If at all possible, pace yourself when packing. It's better to pack a little at a time and make sure that nothing is forgotten than to hurry and try to get everything done within a day or two. It's easy to forget to have your address changed, turn off your phone, internet, water and/or cable service, so take the time to make sure every little detail is ironed out now so that you can enjoy your new home later.

Have A Moving Sale

Get rid of everything that you don't need by having a moving sale. If you haven't used it within a year, sell it. Otherwise, you will just end up with the same clutter in your new house as you've had in the one you're leaving behind. Plus, the more you sell, the less you will have to pack and move. Not to mention, moving is expensive and there's nothing wrong with earning a few extra bucks whenever possible.

Create A Packing List

It will help you to remember things much more easily by writing them down on paper as they come to mind. A packing list can act as a shopping list, which will remind you of the things that you need to remember.

Pack Lightly

Moving day is hard enough, so don't make it any worse by loading down your arms with too much weight. If you pack lightly, it may cost you a little more footwork, but your body will thank you at the end of the day.

Pack Smart

Because of their design, boxes are easier to carry and provide an effective way to keep everything stored safely in its place. Rather than just piling everything into the car or U-Haul and hoping for the best, take the time to pack everything carefully (especially breakables) inside of a box. What will not fit, such as furniture and other household essentials, should be tied down and placed in a moving truck. Furniture pads are also a good idea to prevent damage during the move. Make sure you label each box with the contents of that box along with the room it will go in at the new home. This will make unpacking more efficient and save you loads of time.

Please feel free to contact us at 931-338-1375 if we can answer any questions for you. We are more than happy to lend you our expertise and make ourselves available for consultation at no obligation to you.

Regards

Take a Visual Tour - 1275 Flagstone Court, Clarksville TN

Wed, 02 Dec 2009 18:41:18 -0600

Take a Visual Tour - 1275 Flagstone Court, Clarksville TN

Clarksville TN Real Estate - Autumnwood Farms $185,000.00

1275 Flagstone Court, Clarksville, TN 37042

43 Photos

3 Bed, 2.0 Bath
1718 SF
Tour # 2038109

You will love the open floor plan of this home. High ceilings, beautiful kitchen, custom cabinetry, hardwood flooring, huge master bedroom closet and so much more. Full unfinished basement for all of your toys. For more information, please contact:

Pamela Cash
Crye-Leike Realtors
931-553-0605
931-338-1375 Cell
931-648-9772 Fax

Information supplied by sellers. Deemed reliable, but not guaranteed.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Take a Visual Tour - 1371 Tannahill Way, Clarksville TN 37043

Tue, 01 Dec 2009 20:13:48 -0600
Take a Visual Tour - 1371 Tannahill Way, Clarksville TN 37043

Brookhaven Cape Cod $269,900.00

1371 Tannahill Way, Clarksville, TN 37043

36 Photos

3 Bed, 2.5 Bath
2654 SF
Tour # 2016645

Large Cape Cod style home in the sought after Brookhaven Subdivision. For more information, please contact:

Pamela Cash
Crye-Leike Realtors
931-553-0605
931-338-1375 Cell
931-648-9772 Fax

Information supplied by sellers. Deemed reliable, but not guaranteed.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Another Clarksville Property Sold by the Cash Team

Mon, 30 Nov 2009 18:33:30 -0600

Thank you to the Ruiz Family for having the trust and confidence in The Cash Team to be your Clarksville Tn Real Estate team. It was a pleasure to work with you both - thank you for being such dear friends and great clients to work for. We look forward to visiting with you soon and as we said, when and if you need us, we are merely a phone call away! Enjoy your new home!

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Christmas Decorating Ideas

Sun, 29 Nov 2009 20:42:55 -0600

Greetings from The Cash Team! Pam and I wanted to share some Christmas Decorating Ideas with you and your Family. Along with the Christmas festivities comes the desire to decorate your home with twinkling lights, wreaths, trees and even yard ornaments featuring the theme of the holidays. If you want to make your next Christmas decorating venture a real holiday treat, consider the following ideas:

Homemade Wreath Decorations:

Create your own lighted wreath by taking a short strand of mini-lights and wrapping them around a plain wreath. You can use either multi-color or clear lights, and this approach can easily be used for both indoor wreaths and garland decorations.

Creating A Modern Centerpiece With Classic Holiday Style:

Use a clear glass vase or bowl as a centerpiece and fill it with round glass ornaments. For Christmas, the combination of silver and gold or red and green will be ideal. When paired with the beauty of a simplistic glass holder, the ornaments will add a very modern twist to a very traditional color combination.

Holiday Decorating Scents:

A nice bowl of fresh fruit, including oranges, tangerines and apples will give a nice welcoming holiday scent to your home. For many, the smell of fresh fruit is reminiscent of the December season as fruit baskets are common gifts that are exchanged during Christmas. You can place the bowl on your dining room table or in the family room, both of which will offer guests the ability to appreciate your style.

Display Your Christmas Cards: Take some felt or fabric and create a hanging decorative piece to show off all of the Christmas cards you receive. You can use a small safety pin to attach the cards to the fabric, so that the beauty of the front of the card is seen. This can be hung on a wall, or support post or beam or the railing leading up your stairs.

Turn Out The Lights:  Turn out your normal overhead lighting each night, light up the tree and burn candles throughout the house for a peaceful and relaxing setting. Watch your favorite Christmas movie, sing carols and just share good times together.

　

　

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

The Real Reason You Should Sign A Buyer Representation Agreement

Sun, 29 Nov 2009 06:46:47 -0600

A great explanation as to why a Buyers Representation Agreement is needed courtesy of Lindsay Walls
Via Lindsay Walls - Oakville Ontario Realtor (RE/MAX Aboutowne Realty Corp., Brokerage):

If you have spoken to a Realtor about buying a home, you should be familiar with the Buyer Representation Agreement. Like any contract, the Buyer Representation Agreement outlines commitments that your agent promises to make in exchange for commitments you promise to make. Under this Agreement, agents are committed to provide you with the following duties: LOYALTY, OBEDIENCE, DISCLOSURE, CONFIDENTIALITY, REASONABLE CARE AND DILIGENCE, and ACCOUNTING. In exchange, buyers commit to ensuring the agent is paid for services rendered (Note that in most cases, the payment is usually paid by the seller). Legally, realtors are obligated to discuss buyer agency with potential clients at the earliest opportunity.

When I first learned about Buyer Representation Agreements I wasn’t convinced they were really in the best interest of buyers. You can argue that realtors like Buyer Representation Agreements as they bind buyers to them and ensure they get paid regardless of the service they provide. I agree to a certain extent but have quickly determined that as a professional realtor, establishing a Buyer/Agent relationship is the only way I will do business. Here’s why…

As a realtor I meet a lot of people who are looking for information on the Oakville housing market. I receive several emails and phone calls and am happy to spend time discussing real estate issues with potential clients (really I am) but like everything else there is a limit to the amount of hours in my day. Despite what many people want to believe, real estate is much more than setting up appointments and opening up doors. I say this with the utmost honesty as someone who knows the pressures and stress of a corporate job. There is no way I would have chosen to switch careers if I thought the advice of a realtor could just as easily be learned through an MLS or Google search. No one understands the nuances of the local market, future development plans for an area, the art of negotiation, school issues and make-up of specific neighbourhoods like an intelligent, diligent local realtor.

I spend hours upon hours working for my clients and several more keeping up to date with current real estate and housing information. My first priority is to my clients and in order to provide a level of service that I am proud of, I limit my interactions to clients first and prospective clients second. To be brutally honest, I just don’t have time to dedicate the kind of service buyers deserve (sometimes for months at a time) without any kind of commitment of loyalty from them. For me, the Buyer’s Representation Agreement solidifies my commitment of excellence and priority status to you in exchange for your commitment of loyalty to me.

When explained this way, I find that most people have no issues signing the agreement, leading to a relationship built on trust and service. It is the best way I know how to do business. I question buyers who believe that they will somehow get better service or a better deal without using a committed Buyer’s agent. I simply do not understand how they think they will get first class service and advice without any kind of commitment (on either end). Like most things in life, you get out what you put in. If you believe realtors are transactional type people who simply book appointments and unlock doors then you can easily find one that will be willing to provide you with minimal service for minimal commitment. If you expect more out of your realtor, then take your time, find a realtor you trust, have them commit to you, and be willing to commit to them. If you do so, you will be impressed by the advice and expertise you gain from the experience.

Questions or comments? Visit www.lindsaywalls.com for additional information on the Oakville real estate market. Feel free to comment below, email me at lindsay@remaxaboutowne.com or call me at 905.338.9000.

Regards,

Lindsay
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Clarksville TN Realtor Testimonial

Mon, 23 Nov 2009 21:42:19 -0600

As with any service oriented profession, Clarksville TN Realtor Testimonial is key to your success in the Clarksville TN Real Estate market. Pam and I were humbled to receive three testimonials from clients we had the priviledge of serving this past year. It certainly makes helps you to realize that your efforts in assisting Families in either buying or selling do not go unnoticed.

My experience with Tim and Pam from the moment we were introduced via email by Mark at Home Towne Suites was phenomenal.  They contacted me while I was still at my previous post in Georgia and let me know that they was ready to assist me and Woody in finding the home that was just right for us. Tim and Pam were always attentive to our needs and never appeared to be frustrated even when I wanted to look at the same house 3 or 4 times.  They gave me true pros and cons and when I might have missed something, they made sure they brought things to my attention that really mattered.  They also listened to me and took to heart what I wanted to see in the home I was looking for and made sure that those things were present and did not waste my time looking at homes that did not meet my criteria. The level of professionalism they displayed from beginning to end set an example that others could emulate.  They made sure everything was PERFECT and it was very much appreciated. I think of their kindness often and know that when my company decides it is time for me to make the next move, I will be contacting The Cash Team to handle my home sale. Woody and Gina Woodruff

Greg and I wanted to take a moment to thank you for all the help you provided to us when we were buying our house. The two of you went above and beyond in your efforts to get us the house we really wanted. Anybody looking to buy or sell a house in Clarksville won't find better realtors than the two of you. Thank you so much! Tabitha and Gregory Newton

We just wanted to say thank you to the Cash Team - Pam and Tim Cash. With your help, we sold our home during a difficult time and circumstances - A task that a previous Real Estate Agent was unable to accomplish in over 6 months.  We felt a very high comfort level, which put our concerns at rest. We were very impressed with how professional and calm you were with the process of selling our home and pleased the way you handled the entire process from listing our home to closing. You explained everything well, clearly and accurately and it turned out very good when you walked us through the valuation process and explained the options and made recommendations.  We understood the showing/open house process and the feedback on visits which was very important to us. You were always available to answer questions.  You, the Cash Team, have made the home selling process a very positive experience.  Thank you for your hard work, support, dedication and expertise in making this sale possible.  Sincerely, Birgit Jones

Thanks to the Woodruffs, the Newtons and Ms. Jones for having the confidence and trust in The Cash Team to care for your Clarksville TN Real Estate needs. If ever you should need us, please do not hesitate to contact us. Our service does not end at the closing table.
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Relocating to Clarksville TN?

Sat, 21 Nov 2009 19:19:41 -0600

Are you and your Family relocating to Clarksville TN? Allow Pam and I to be the first to welcome you to our humble city. Whether you are a Soldier PCSing to Fort Campbell KY or part of one of our many Corporate Relocation programs, The Cash Team has the experience, dedication and skill to serve your Clarksville TN Real Estate needs.

We take pride in ensuring that our clients needs are met, whether you are buying in Clarksville TN or listing in Clarksville TN - we are here to assist you every step of the way. Being a Clarksville Realtor means that we are available anytime of the day and late into the night, seven days a week to ensure our clients needs are met and any concerns are answered

If you are a First Time Homebuyer, we are here for you as well. We will guide you through the entire process from pre-qualification to closing. We know that as a First Time Home Buyer in Clarksville TNyou can easily become stressed and frustrated by the unknown of purchasing a home - we will be there to guide you and to provide sage advice as well as to direct you to much needed resources such as mortgage help, home inspection, etc.

We have the ability to search all homes available on the Clarksville TN MLS as well as the surrounding area and will customize your search to ensure that the focus is on homes that meet YOUR Clarksville TN Real Estate specifications.

Want to get to know more about us or about our the great City of Clarksville? Here are some helpful resources that we hope will give you a better insight into who we are and what Clarksville TN has to offer:

About The Cash Team

Past Client Testimonials

Clarksville and Montgomery County Schools

City of Clarksville TN

Fort Campbell KY

Local Newspaper

Austin Peay University

Want to start searching Clarksville TN Homes For Sale? We make it easy! Our search engine is complete with an email service that will email you when new homes in meeting your criteria come on the market.

My Clarksville Home Search

Are you into Social Networking? We believe in the power of social networking and thanks to our many friends we have fast become one of the top Clarksville TN Real Estate Teams. This would not be possible without the quality feedback from past clients via the world-wide web and the power of social networking. Please feel free to visit us:

Facebook

Twitter

Linkedin

Plaxo

We would certainly appreciate you joining one of our many networks as well as the opportunity to serve your Clarksville TN Real Estate needs. We look forward to hearing from you soon.
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Should you buy down a loan?

Sat, 21 Nov 2009 17:10:32 -0600

Ever consider buying down a loan? Here is some great information for all - courtesy of Jim Cheney
Via Jim Cheney Your Rincon Valley Realtor (Saint Francis Property Santa Rosa, CA):
I have a client now, and have had clients in the past, who want to know whether or not they should pay points to buy down their loan. First of all, let me say that I'm not a mortgage broker, and don't pretend to do lending. I believe I should do what I do best, and let other professionals do what they do best. Also, what I'm explaining here is a principle, so don't blog me back saying that you can beat this rate, and ask my client to call you.

What is a buydown?

It is paying money upfront to the lender to get a better interest rate. This money is in addition to the money needed to get your loan. You might get preapproved for a 5.12% loan, but by paying an extra $2,500 you could get a 5% loan. The amount paid is referred to as points. One point is equal to one percentage point. One point on a $300,000 loan would be $3000. A half point would be $1500, and a quarter point would be $750. Your lender will tell you how many points or fractions of a point you would have to pay to buydown your interest rate aka: buydown your loan.

Why buydown a rate?

Buying down a rate makes the amount you end up spending at the end of your loan (lets say 30 years) less. You could save tens of thousands of dollars in interest by buying down a loan.

Buying down your loan may mean the difference between qualifying for a loan, and not qualifying. The numbers used to decide if you qualify on a loan is based on the amount of monthly payment, not necessarily the the amount borrowed. If buying your loan down lowers your payment by a few hundred dollars that may make the difference in your "qualifying figures". It's is possible you could qualify for a mortgage with a $1470. mortgage, but not qualify if the amount was $1820. Buying down the loan might be what makes the difference.

Why would a bank want me to buydown my interest rate:

Banks want you to borrow money. If you don't qualify at a certain rate, the bank offers a better deal if you are willing to pay "upfront". You get your loan, and the bank gets your business. Without buydowns, a lot of banks would not be able make loans to some people who were unable to qualify.

THE BANK MAKES MONEY! I know it sounds crazy, but the bank stands to make more money on you by letting you buy down your interest rate. This sounds a bit contrary to what I said earlier when I said you could save tens of thousands of dollars over the life of your loan but think about this. The average family sells every 8 years. They refinance even more frequently. If you refinance or sell shortly after getting your loan, you will never see the benefits of the savings, and the bank wins by keeping the money you used to buydown your loan.

Is it worth it?

Here's how to figure out if buying down your loan makes sense.

You qualify for a 30 year fix rate loan of $100,000 at 5.12%, that would equal a monthly payment of $544.18   You can pay 1/4 point to buy down to 5% for the same loan. The 1/4 point (or .25%) will cost you $250. Your new payment would be $536.82. The difference in the two loans is $7.26.

It cost you $250 to save $7.26 each month. How many months would it take before you break even? Divide $7.26 into $250 and you get just a bit ove 34 months. So you will need to keep your loan for almost 3 years before you start seeing any savings. How much would you save during the course of the loan if you kept it for 30 years... ???

So that's it. Easy to figure out with basic math. You just need to understand the concept. It's hard for an agent to know if you should buy down your loan, unless you won't qualify without the buy down, then the question is easy. The real question is: Do you need to, and will you keep your loan long enough to see the reward? Oh, the money you would have saved? $2,649.

Jim Cheney, Broker "Your Rincon Valley Realtor"

Serving Rincon Valley's real estate and property needs

Rincon Valley, Santa Rosa, Sonoma County, CA

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Clarksville TN Real Estate - Holly Point

Wed, 18 Nov 2009 19:25:13 -0600
Clarksville TN Real Estate - Holly Point

Tim and Pam Cash | Crye-Leike Realtors | 1-931-648-2112 or 931-338-1375

839 Nandina Court, Clarksville, TN

Builder's Home

3BR/2BA Single Family House

offered at $179,900

Year Built 2006

Sq Footage 1,850

Bedrooms 3

Bathrooms 2 full, 0 partial

Floors 2

Parking 2 Car garage

Lot Size Unspecified

HOA/Maint $25 per month

DESCRIPTION

Reduced over $10,000! Builder's personal residence. Freshly painted, hardwood floors in great room, hallway and entry. Upgraded cabinetry and appliances. Pantry, refridgerator, huge bonus room (large closet/no knee walls), sod front yard, cul-de-sac and NO backyard neighbors.

Contact The Cash Team today for all your Clarksville TN Real Estate needs.

Tim and Pam Cash
Crye-Leike Realtors
931-648-2112 (office)
931-338-1375 (Pam's Cell)
931-436-7617 (Tim's Cell)
www.cashsofclarksville.com
www.myclarksvillerealestate.com

see additional photos below

PROPERTY FEATURES

- Central A/C - Central heat - Fireplace

- High/Vaulted ceiling - Walk-in closet - Hardwood floor

- Bonus/Rec room - Dining room - Dishwasher

- Refrigerator - Stove/Oven - Microwave

- Laundry area - inside - Balcony, Deck, or Patio

COMMUNITY FEATURES

- Garage parking

ADDITIONAL PHOTOS

Photo 1

Photo 2

Photo 3

Photo 4

Photo 5

Photo 6

Contact info:

Tim and Pam Cash

Crye-Leike Realtors

1-931-648-2112 or 931-338-1375

For sale by agent/broker

Equal Opportunity Housing

Posted: Nov 18, 2009, 4:14pm PST

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Lets Say Thanks

Wed, 18 Nov 2009 17:35:17 -0600

A simple, yet effective way to show your support for our Armed Forces who are in harm's way. Post courtesy of Ron Brown
Via Ron Brown FHA & VA Home Loan Specialist (First Mortgage Company of Washington):
I just received an email from one of my past military borrowers who has a loved one in Iraq. I thought it was a fabulous idea worth sharing with all the good folks on Active Rain.

Xerox is sponsoring a Thank You card drive for the men & women of our armed forces stationed overseas this holiday season. It will only take a minute of your time, and will definitely brighten their day. All you have to do is visit the Lets Say Thanks web site, follow the 3 easy steps (give your name, pick a design, and choose a pre worded thank you message, or create your own), and Xerox will print and deliver the card to one of our troops.

It does not matter what your stance is on our politics, or foreign policy, these people are serving our country, and deserve everyone's support. From a completely selfish standpoint, this is a great way to get in front of your database in a positive way. Who knows, you might just get some business out of being a nice person.
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Vote for Thea Agnew in the 2009 Operation Rising Star

Tue, 17 Nov 2009 16:58:35 -0600

Please take a moment to vote for one of the most beautiful voices you will ever hear!
Via Roland Woodworth "Clarksville-Fort Campbell Area Realtor" (Exit Realty Clarksville):
If you have not heard, Thea Agnew is competing in the 2009 Operation Rising Star and she needs your help. Please vote for Thea Agnew in the 2009 Operation Rising Star today !

OK... You ask, what is Operation Rising Star ?

This is a US Army MWR contest like American Idle where the contestants are either in the military or a military spouce. Thea Agnew according to the Operation Rising Star website has moved to the final 6 and the online VOTE is a vital part in her making it to the final 3 in tonights performance. According to the Operation Rising Star Website, YOU can vote as often as you like during the selected voting times listed below. Please take the time to help Thea Agnew make it to the TOP 3 and beyond. Have everyone you know take the time to visit the link below and VOTE for Thea Agnew who is representing Ft. Campbell, Kentucky in the competition.

The voting is open for 2 hours today starting at 1:00 PM CST and again at 8:30 PM CST.

Please click this linke and VOTE for Thea Agnew

The Operation Rising Staris taking place at the Wallace Theater, Fort Belvoir Virginia and can be seen on the Pentagon Channel broadcast.

Calling all Active Rain Members... Thea Agnew is a Active Rain Member and would appreciate all our support !

Please click this linke and VOTE for Thea Agnew

Once you have Voted:

Please comment below to show Thea your support

This girl can sing ! The judges gave her great reviews after her last performance. I was happy to see on the website that Thea was selected for round 2 tonight.



Meet the Judges and Celebrity Guests

Think Clarksville * Think Fort Campbell * Think Real Estate * Think Roland

Licensed in both Tennessee & Kentucky. Please don't keep me a secret, if you know anyone looking to BUY or SELL, Please send me an e-mail and give them my name and number.

View my website at Clarksville Home Information or Fort Campbell Housing
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Preparing your home for sale

Mon, 16 Nov 2009 21:00:28 -0600

Preparing your home for sale. One of the most frequently overlooked ingredients to a timely sale is the diligent care taken by the homeowner when preparing their property for sale. Potential buyers are drawn to properties that have been strategically groomed for the marketing process.

Here are some ideas that you might find helpful.

Getting Your Home Ready To Sell: You would never dream of inviting guests to your house without making certain preparations, so you wouldn't invite potential buyers without first making the necessary updates by preparing your home to sell. If you are like most sellers, you want to get as much as possible for your home and you want to do it as quickly as possible.

Letting Go: After you've lived in a house, it becomes much more than four walls and a ceiling. It's a home and it has a lot of good memories. Your first step to preparing your home to sell is to realize that you will take these memories with you wherever you go, but you won't be taking the house. It can be difficult to let go, but the task will be much easier if you start to think of it as a new beginning rather than an ending.

Cleaning House: An important part of getting your home ready to sell is in staging the decor for potential buyers. When you stage a home, you create an environment that is free of any personal items, such as photos and/or anything that stands out as being customized for you or your family. When a potential buyer walks through your home, they need to envision their belongings and decor without being distracted by yours. While these items may be special to you, they could possibly prevent the buyer from being able to imagine their own style complementing the home. In addition to removing any personal items, make sure that you remove any clutter from the home. A clean home seems larger and more inviting, whereas a lot of stuff laying around could give the impression that the home is too small or cramped for storage. Pack up any knickknacks, remove your children's drawings from the refrigerator, and clean up your counter space in both the kitchen and bathrooms.

Staging Your Home: Now that your house is clean, it's time to put the finishing touches on the staging process. A solid, neutral shade in a tablecloth should be selected for the dining room table. Depending on your decor and wall coloring, a solid white, sand or ivory covering will work well. In the center of the table, a vase with fresh cut flowers (or silk, if you have allergies) will add a nice accent. Did you know that the kitchen and bathroom are two of the main selling points to any home? Keep this in mind when preparing your home for potential buyers.

The living room should have one focal point, whether it be a fireplace or breathtaking view of the outside world. If you have too many features screaming out at potential buyers, they may feel overwhelmed, so focus on one aspect and make it shine. If you have a mantle, line it with three candles that match your decor in color. Place a large candle in the center with one smaller one on each end, which will be reminiscent of a perfectly matched bookend set. A home with a stunning view should have window dressings that accent the positive, instead of hiding it. If your furniture has a design of any kind, mask it with a solid slipcover to complement the flooring or wall color. Some homeowners also add a fresh coat of paint to their home, which will bring life back into a fading color. Turn on the lights and open the blinds and draperies to create a bright and inviting environment throughout your home.

Where To Store Your Stuff: Now that you know how important it is to remove any clutter and oversized or bulky furniture, you need to know where to put it. If you already have a new home, you can simply move it there. Otherwise, you can put it into storage until you are ready to move. It's important to leave some essentials in your former home for potential buyers to see, such as a dining room table, a sofa and chairs, bed, etc. Any additional furnishings that seem to interrupt the flow of your home, or make it feel cramped, should be removed. You do not want potential buyers to feel as though the house is too small.



Details, Details, Details:   As a final strategy to prepare your home to sell, make sure that you have any carpet stains removed, windows cleaned, fresh linens placed in the bedrooms and bathrooms, etc. You would be surprised at how many people pay attention to even the smallest of details, so be sure to fix any small repairs that could be a turnoff for buyers. Last, but not least, make sure your home looks just as good on the outside as it does on the inside. This means that your lawn should be cared for, flower beds must be maintained, and any outdoor clutter must be removed.

Experience has proven that when homeowners take the time to adequately prepare their home for the market the time it takes to sell their home is reduced significantly.

Please feel free to contact us if you have any questions. We are happy to consult with you without any obligation regarding the sale of your property. You can reach us at any time at 931-338-1375 or 931-436-7617.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Agent Open House - Tuesday, 17 November 2009 - Autumnwood Farms Subdivision

Mon, 16 Nov 2009 18:11:19 -0600

Clarksville Real Estate Professionals, please join Pam and I for an Agent Open House at 1275 Flagstone Court.

When: 17 November 2009

Time: 11 to 1

As always there will be door prizes and lunch!

Directions: From Trenton Rd turn right on Hazelwood Dr. Right on Flagstone to R on Flagstone Ct.

We hope that you can make the time to come view this wonderful property and visit! We look forward to seeing you.

Residential MLS No.1130937

Status Active Area 76 List Price $185,000

Type Site Built Er/Ea Exc. Right to Sell Media

Address 1275 Flagstone Ct City Clarksville Zip 37042

County Montgomery Sub/Dev Autumnwood Farms MLS Map

Lot Number Tax ID 018L J 018.00 Deed Book/Page V1081/878

Directions From Trenton Rd turn right on Hazelwood Dr. Right on Flagstone to R on Flagstone Ct.

General Information

Style Ranch Stories 1.00 Year Built 2005 / Existing

Acres Total Rooms 7 Completion

Size 84.74X36X79.28X129.41 Lot Slope Assoc Fee $ /mo

Constr Partial Brick / Vinyl Floors Carpet / Finished Wood / Vinyl / Basement Full / Unfinished

Driveway Concrete Waterfront / Garage 2 / Basement

Community Amenities Roof

Rooms and Dimension Information

Liv 20x15 / Fireplace Rec / Bed 1 15x13 / Walk-in Closet

Din 11x10 / Formal Hobby / Bed 2 11x10 /

Kit 18x12 / Eat-In Other / Bed 3 11x10 /

Den / Other / Bed 4 /

Bedrooms

Full Baths

Half Baths
Finished Square Feet (est)

Main 3 2 0 Main 1718 Est. SqFt. Source

Other Second Tax Record

Third

Total 3 2 0 Basement
Total
1718

Office and Showing Information

Show Show Anytime Owner Name Open House

Agent Pamela A. Cash (Ph: 931-338-1375) CoList Agent Timothy J. Cash (Ph: 931-436-7617)

Listing Office Crye-Leike, Inc., REALTORS (Ph: 931-648-2112) CoList Office Crye-Leike, Inc., REALTORS (Ph: 931-648-2112)

Appt Phone 800-404-9862 Subagency 0 Buyer Broker 3 Facilitator 3

Remarks: You will love the open floor plan of this home. High ceilings,Beautiful kitchn,custom cabinets,hardwd flooring,huge master Bdrm closet!Jacuzzi tub ,Lg Laundry room! Plenty of natural light,Unfinshd basement for those toys, 1 yr. warranty! Virtual tour !

Schools and Utilities

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

What is Mortgage APR, Can You Explain It?

Sun, 15 Nov 2009 21:12:51 -0600

Ever wonder what is Mortgage APR? A very informative piece courtesy of Bill Ladewig.
Via Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970:
WHAT IS MORTGAGE APR, Can You Explain It?

APR Demystified and APR Predators Exposed

First, lets demystify Annual Percentage Rate (APR).

Mortgage APR was designed to allow consumers to use one standardized number to compare each lender's rate for the same type of loan while rate shopping. It is supposed to represent the borrower's cost and it works like this.

If I lend you, $10,000 and, I charge a $500 Bump-ta-Bump Fee, you will actually receive $9,500, however you must still repay me $10,000. Mortgage APR is my real yield and your real cost on this loan.

We agreed that you will repay the loan at 8% interest on $10,000, HOWEVER you only received $9,500 therefore I will earn more than the 8.0% interest rate I charge on $10,000. In this case, my yield (APR) is 9.799% on the $9,500 you received.

APR is the lender's yield on dollars actually lent ($10,000 minus $500 = $9,500); in this case, the lender's yield (APR) on $9,500 is 9.799%   (APR is computed as if the above example is a 30 year loan)

The $9,500 also represents the Amount Financed in the Truth In Lending (TIL) disclosure.

For those of you who use spreadsheets the Rate Function will find APR. Use the Amount Financed for Loan Amount and use the monthly payment on the actual loan amount.

Fees that must be subtracted from a mortgage loan to properly calculate Amount Financed for APR

Origination and Discount Points

Processing and Lender Fees

Pre-Paid Interest (Use 15 days when closing date is unknown)

Monthly Mortgage Insurance must be added to the payment of all FHA loans and Conventional loans greater than 80% loan to value.

The inclusion of Mi or MIP accounts for the large spread between Rate and APR on loans with mortgage insurance.

NOTES: Fees Not used in APR calculation; third party fees such as appraisal and credit. APR can only be compared on loans of the same type and amortization period

How Do APR Predators Work?

Many sophisticated borrowers shop interest rates by searching for lowest APR which, if property stated, is a valid way to compare similar loans. Unfortunately, APR is not always stated properly.

How is advertised Mortgage APR is misstated?

Prepaid Interest is not included - most common deception and true on all online Rate sites   i.e.: Bankrate.com, Interest.com, Mortgage101.com, ShopRate.com, etc.

Prepaid Interest is understated - must be 15 days when closing date is unknown.

MI or MIP is not included in the APR on any online rate sites, Bankrate etc.

Some lenders do not include MI or MIP on their web sites such as Amerisave.com

Lender fees are either understated or not included in the APR calculation. This is a tricky one because No or Low Lender Fees does not necessarily indicate a predatory lender. Some lenders charge a higher rate and no points or fees for their so called "Zero Cost" loan. However, the "Zero Cost" rate will always be higher than a rate with points and/or fees.

Notes to the above:

there is no such thing as a Zero Cost loan and some states prohibit lenders from advertising Zero Cost Loans.

The spread between Rate and APR on loans greater than 90% LTV should be at least 0.700%. When it is not... you are being scammed

Rate - Points - Fees are all interdependent

The best way I can explain this is show various Rate - Point - Fee combinations where the lender is making the same gross profit on each combination.

In the examples below, we will use a $200,000 loan amount and Lender gross profit of $1,000, on a day when the Lender's cost for a 5.000% rate is par (0 point).

Best Rate: $1,000 Lender profit in various combinations of points and fees

Rate

Fees

Points

APR

Profit

5.000%

$1,000

     0

5.044%

$1,000

5.000%

$500

0.250

5.044%

$1,000

5.000%

$0

0.500

5.044%

$1,000

Lowest Fees:
You pay $0 points and fees and Lender's investor pays the lender $1,000 for the higher rate.

Rate

Fees

Points

APR

Profit

5.125%

$0

    0

5.125%

$1,000

The point here is that lenders design their loans to provide talking points for their sales staff (loan officers). They all require a certain profit margin and it is not important the way the loan is structured as long as the closed loan delivers their required profit margin.

This illustration also points out the value of correctly stated APR as a way of comparing mortgage loans. For the sake of these illustrations, prepaid interest was not used. If 15 days PP was calculated it would have increased each APR by 0.019%.

Bill Ladewig

800.664.7283 (SAVE)

Bill@YourFhaGuru.com

Website

Bill Ladewig is a Mortgage Broker Licensed by the California Department of Real Estate 00968137

San Diego FHA and VA Home Loans Escondido Mortgages Escondido Localism San Diego FHA and VA Home Loans San Diego Localism San Diego UFMIP Escondido Mortgages Escondido Localism San Diego Mortgage What is APR
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Operation Rising Star - Thea Agnew

Sun, 15 Nov 2009 18:28:05 -0600

Operation Rising Star - Thea Agnew. Many of you have seen blogs on both this contest and on Thea Agnew's singing talents. Ms. Thea is not only a very talented singer, she is a mother and a Army Spouse. Also, she is a wonderful friend.

Voting is today, Sunday, 21:30:00 (930pm) to 23:30:00 (1100pm) Eastern Standard Time (America/New York). The broadcast can be seen at 7 pm central on the pentagon website: www.pentagonchannel.mil clicking on steaming live or if you see Operation Rising Star, click there. Voting is done on www.oprisingstar.com clicking on VOTE then Thea Agnew.

Please assist Thea is realizing a dream that she has been chasing for many years now!

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Honor those who served our Country on Veterans Day

Wed, 11 Nov 2009 07:40:40 -0600

This editorial was co-written by Bill Larson and Tim Cash, and contains a gallery of images from the 2009 Veterans Day parade.

America has long had a fascination with Heroes: cowboys wearing a ten gallon hat and riding a white stallion, a firefighter rescuing someone from a building engulfed in flames, the Sheriff putting dangerous criminals behind bars, the athlete, the underdog overcoming impossible odds, and of course the special kind of person that volunteers to serve our great Country.

Becoming a Soldier is a choice that involves sacrifices. The sacrifice of knowing you may be required to leave your family, loved ones, and the comforts of home on a moments notice. The sacrifice of knowing that the time spent away from your loved one's can never be reclaimed. The sacrifice of knowing that there is always the possibility that you may not make it back. The choice to become a soldier is never an easy one.

Welcoming our Soldiers home

Soldiers do not enlist because they want to go out and kill, they do so for a myriad of reasons, some do so for a paycheck, some for assistance with college tuition, some because they lack of other viable choices. Every Soldier has their own individual reasons for enlisting, but for most at the root of their decision to enlist, stems a deep and abiding love for their country, and our freedoms. For these Soldiers patriotism isn't an abstract concept, it is an essential part of their being.

When Soldier swears their oath, they mean every word of it:

I, (NAME), do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; and that I will obey the orders of the President of the United States and the orders of the officers appointed over me, according to regulations and the Uniform Code of Military Justice. So help me God.

They also recognize that their duty to their oath does not end, just because they have left the service of their nation.

Clarksville Online's Tim Cash was one of those soldiers....

Due to circumstances beyond our control neither my family or myself could provide the opportunity for me to attend college right out of high school. The Army offered me a chance to serve, and in exchange they would provide me with the assistance to allow me to attend college. Which I did eventually did, and I am a mere twelve credits from earning my bachelor's degree.

A sense of duty to our Nation, and my Family turned what was to be a three year tour, into a twenty year career. This was not something I had planned on, but my path in life became clear to my during my fledgling years of service. I, like many who served before me, and who still today, did not make the career choice based upon money.

For most soldiers it is the knowledge that we were (and are) protecting our Families and way of life here in the United States, that drives us to make that difficult choice. We would gladly lay down our lives fighting in a far away land, rather than allowing our enemies bring their fights to our shores. Many of our soldiers have ended up paying that ultimate price, and should be revered by all Americans for the sacrifice they and their families made for us.

Soldiers are not political, they march off to war because they believe that they are doing so in service of a just cause. Our Soldiers service gives us the ability to sleep in peace at night; to wake up in the morning; and to allow us enjoy the freedoms promised under our Constitution, without fear of retribution.

As we honor our Veterans today, please take a moment to say a prayer for all those who have served, are serving, or will soon serve their nation on this hallowed day!
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Agent Open House - Thursday 12 November 2009 - Marymont Subdivision Clarksville

Mon, 09 Nov 2009 18:29:27 -0600

Clarksville Real Estate Professionals, please join Pam and I for an Agent Open House at 3353 Clearwater Drive.

When: 12 November 2009

Time: 11 to 1

As always there will be door prizes and lunch!

Directions: From I-24 take Exit 1, turn right onto Tiny Town Road; Right on Clearwater Drive; Home is on the right.

We hope that you can make the time to come view this wonderful property and visit! We look forward to seeing you.

Residential MLS No.1130043

Status Active Area 75 List Price $187,500

Type Site Built Er/Ea Exc. Right to Sell Media

Address 3353 Clearwater Dr City Clarksville Zip 37042

County Montgomery Sub/Dev Marymont MLS Map

Lot Number Tax ID 007O B 002.00 Deed Book/Page V523/1588

Directions I-24 @ Exit 1* turn Right on Tiny TownRoad* Right on Clearwater Drive . House is on right.

General Information

Style Contemporary Stories 2.00 Year Built 1993 / Existing

Acres Total Rooms 8 Completion

Size 120X210.95X58.2X33X208.95 Lot Slope Assoc Fee $ /mo

Constr Siding / Vinyl Floors Carpet / Finished Wood / Tile / Vinyl / Basement None / Crawl

Driveway Concrete Waterfront / Garage 2 / Attached - SIDE

Community Amenities Roof Composition Shingle

Rooms and Dimension Information

Liv 18x15 / Fireplace Rec 18x21 / Over Garage Bed 1 16x12 / Full Bath

Din 11x12 / Formal Hobby / Bed 2 12x12 / Ex. Lg. Closet

Kit 11x15 / Eat-In Other 9.4x9 / Breakfast Room Bed 3 12x12 / Ex. Lg. Closet

Den / Other / Bed 4 12x12 / Ex. Lg. Closet

Bedrooms

Full Baths

Half Baths
Finished Square Feet (est)

Main 1 1 1 Main 1150 Est. SqFt. Source

Other 3 1 Second 1096 Tax Record

Third

Total 4 2 1 Basement
Total
2246

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Lot 46 Farmington, Clarksville TN Real Estate

Sun, 08 Nov 2009 22:21:53 -0600

Lot 46 Farmington, Clarksville TN Real Estate. Custom Built Home by Prestige Builders. You will not find this home plan anywhere else in the subdivision. Prestige prides themselves on building one of a kind custom homes with all the amenities at a great value to you.

Brick and stone front with hardyboard on the sides (not vinyl). This home is just over 2400 square feet and you still have the option to pick your carpet and hardwood.

The home offers a unique layout with an open main level and a gorgeous master suit also on the main level. There are four total bedrooms with an office (could be a 5th bedroom)

Large kitchen complete with stainless appliances, tile floors and granite countertops.

Note the magnificient trimwork that is going into this showplace.

Located in a cul-de-sac toward the back of the subdivision, this property is a must see. Farmington is one of the hottest subdivisions in the Clarksville TN Real Estate market.

Contact The Cash Team today for more information about this home or any other homes in Farmington Subdivision.

Regards,

Tim and Pam Cash

Crye-Leike Realtors

931-648-2112 (office)

931-338-1375 (cell)

www.cashsofclarksville.com

www.myclarskvillerealestate.com

Blog post approved by builder.
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Speechless Sunday - Vegetarian

Sun, 08 Nov 2009 21:39:45 -0600

Imagine letting your dog out early in the morning and seeing bambi up close and personal.... Who said there are no deer in Clarksville TN?

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Great News on the New Tax Credit

Fri, 06 Nov 2009 19:22:30 -0600

Great News on the New Tax Credit. The House passed the unemployment extension bill today after Senate did yesterday which includes the extension and expansion of the tax credit. The President signed the bill today!  The tax credit provision remains the same.

First-time home buyers will continue at $8,000

Tax credit for "move up" purchasers will be up to $6,500

Must have used previous home as a principal residence for 5 consecutive years of the previous 8.

Income limits increased and are the same for first-time and "move up" purchasers: $125,000 for    single filers/$225,000 for joint filers

Limitation on eligible home prices has been increased to $800,000

Time Frame: December 1, 2009 to April 30, 2010 plus 60 day extension if binding contract is in place by April 30, 2010

Anti-fraud measures have been added

Below are the NAR Frequently Asked Questions in regards to the Home buyer Tax Credit Changes:

Question: Existing homeowner credit: Must the new house cost more than the old house?

Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a new home. I have lived in my current home for more than 5 consecutive years and am within the new income limits. I will go to settlement on November 20. If President Obama has signed the bill by the time I go to settlement, will I qualify for the new $6500 tax credit?

Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment (when the bill is signed). There is no reference to the date of contract for the new credit. The provision looks solely to the date of purchase, which is generally the date of settlement.

Question: I am a first time home buyer but was not within the prior income limits at the time I entered into my contract to purchase on October 30, 2009. I will be covered, however, by the new income limits. If the new rules have been signed into law by the time I go to settlement, will I be eligible for a credit?

Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill. The income limit and other eligibility rules will look to your status as of the date of purchase, which is the settlement date. So if the new rules have been signed when you go to settlement, you should be eligible for the credit (or a portion of the credit if you're within the phaseout range).

Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I have found a home with a nonnegotiable price of $825,000. Will I be able to use any of the $6500 tax credit?

Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an absolute ceiling.

Question: I owned my home for 10 years, but sold it two years ago year and have been renting since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the other eligibility tests?

Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000 and lived there until 2008 when he got a divorce. Whether John has been renting or bought in the interim, he WOULD INDEED be eligible for the credit because he owned a home and occupied it as his principal residence for 5 consecutive years out of the last 8 years. The keyword here is "consecutive." As long as he lived in that house for 5 years straight what he did since 3 years doesn't impact eligibility.

Question: I am an eligible first time home-buyer. I entered into a contract to purchase on November 1, 2009. Do I have to go to closing before December 1? How does the extension date affect me?

Answer: You do not have to close before December 1. Once the legislation has been signed, it will be as if the Nov 30 date had never existed. Therefore, so long as the contract settles before April 30 (or July 1, worst case), the purchaser will be eligible for the credit.
Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

Wordless Wednesday - Clarksville TN Squirrel

Wed, 04 Nov 2009 21:08:40 -0600

This fellow is storing up for the winter months. We gave up trying to keep them out of the bird feeders a while back.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617

The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

	Residential	MLS No.1130937
Status Active	Area 76	List Price $185,000
Type Site Built	Er/Ea Exc. Right to Sell	Media
Address 1275 Flagstone Ct	City Clarksville	Zip 37042
County Montgomery	Sub/Dev Autumnwood Farms	MLS Map
Lot Number	Tax ID 018L J 018.00	Deed Book/Page V1081/878
Directions From Trenton Rd turn right on Hazelwood Dr. Right on Flagstone to R on Flagstone Ct.

General Information
Style Ranch	Stories 1.00	Year Built 2005 / Existing
Acres	Total Rooms 7	Completion
Size 84.74X36X79.28X129.41	Lot Slope	Assoc Fee $ /mo
Constr Partial Brick / Vinyl	Floors Carpet / Finished Wood / Vinyl /	Basement Full / Unfinished
Driveway Concrete	Waterfront /	Garage 2 / Basement
Community Amenities	Roof

Rooms and Dimension Information
Liv 20x15 / Fireplace	Rec /	Bed 1 15x13 / Walk-in Closet
Din 11x10 / Formal	Hobby /	Bed 2 11x10 /
Kit 18x12 / Eat-In	Other /	Bed 3 11x10 /
Den /	Other /	Bed 4 /
	Bedrooms	Full Baths	Half Baths	Finished Square Feet (est)
Main	3	2	0	Main	1718	Est. SqFt. Source
Other				Second		Tax Record
				Third
Total	3	2	0	Basement		Total	1718

Office and Showing Information
Show Show Anytime	Owner Name	Open House
Agent Pamela A. Cash (Ph: 931-338-1375)	CoList Agent Timothy J. Cash (Ph: 931-436-7617)
Listing Office Crye-Leike, Inc., REALTORS (Ph: 931-648-2112)	CoList Office Crye-Leike, Inc., REALTORS (Ph: 931-648-2112)
Appt Phone 800-404-9862	Subagency 0	Buyer Broker 3	Facilitator 3
Remarks: You will love the open floor plan of this home. High ceilings,Beautiful kitchn,custom cabinets,hardwd flooring,huge master Bdrm closet!Jacuzzi tub ,Lg Laundry room! Plenty of natural light,Unfinshd basement for those toys, 1 yr. warranty! Virtual tour !

Rate	Fees	Points	APR	Profit
5.000%	$1,000	0	5.044%	$1,000
5.000%	$500	0.250	5.044%	$1,000
5.000%	$0	0.500	5.044%	$1,000

	Residential	MLS No.1130043
Status Active	Area 75	List Price $187,500
Type Site Built	Er/Ea Exc. Right to Sell	Media
Address 3353 Clearwater Dr	City Clarksville	Zip 37042
County Montgomery	Sub/Dev Marymont	MLS Map
Lot Number	Tax ID 007O B 002.00	Deed Book/Page V523/1588
Directions *I-24 @ Exit 1 turn Right on Tiny TownRoad* Right on Clearwater Drive . House is on right.**

General Information
Style Contemporary	Stories 2.00	Year Built 1993 / Existing
Acres	Total Rooms 8	Completion
Size 120X210.95X58.2X33X208.95	Lot Slope	Assoc Fee $ /mo
Constr Siding / Vinyl	Floors Carpet / Finished Wood / Tile / Vinyl /	Basement None / Crawl
Driveway Concrete	Waterfront /	Garage 2 / Attached - SIDE
Community Amenities	Roof Composition Shingle

Rooms and Dimension Information
Liv 18x15 / Fireplace	Rec 18x21 / Over Garage	Bed 1 16x12 / Full Bath
Din 11x12 / Formal	Hobby /	Bed 2 12x12 / Ex. Lg. Closet
Kit 11x15 / Eat-In	Other 9.4x9 / Breakfast Room	Bed 3 12x12 / Ex. Lg. Closet
Den /	Other /	Bed 4 12x12 / Ex. Lg. Closet
	Bedrooms	Full Baths	Half Baths	Finished Square Feet (est)
Main	1	1	1	Main	1150	Est. SqFt. Source
Other	3	1		Second	1096	Tax Record
				Third
Total	4	2	1	Basement		Total	2246