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:
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.
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:
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.
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.
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
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.
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.
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.
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.
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.
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. 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.
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.
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: FeesNot 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.
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%.
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. 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.
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.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.