Broadacres In Powell (Knoxville, TN)
By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
The new federal program to help homeowners stay in their homes by lowering their interest rate and payments by either modifying their existing loan or refinancing that loan is now open for business. One of the best parts about this program is that there is no charge to homeowners. I know there are scam artists out there offering to 'help' you refinance or get a loan modification for a fee but there is no need to give them any of your money these programs are very simple. Here's your first step. You need to visit www.MakingHomeAffordable.gov and answer just a few short questions to determine if you're nominally qualified. The first choice is a "Home Affordable Refinance" program which lets homeowners that are current on their mortgage payments but unable to refinance because their home's...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
If you are you’re in good company. Currently the Knoxville Area Association of Realtor’s Multiple Listing System (MLS) has 11,576 active residential listings and 1,743 condos which have all been for sale an average time of 108 days. That’s a very clear sign to me that we’re in a strong buyer’s market. In the month of October there were 874 closed sales but there were also 2,106 new residential listings plus another 228 condos. I’m not going to do the math but it’s pretty plain that only about 1 out of every 15 listings sold in October. As a seller you’re goal is to be that 1 out of 15 that got an invitation to the closing table. Because I’m in the Knoxville area real estate market on a daily basis I see lots of sellers with houses that are grossly overpriced for various reasons. Reasons...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
Those of us fortunate to live in the greater Knoxville, Tennessee have a unique opportunity to enjoy camping and hiking in the nearby Great Smoky Mountains National Park. There are over 800 miles of great hiking trails in the back country of the Smokies and many, many beautiful spots to enjoy. But, there is also danger. Hikers and visitors often become lost and every now and then, a death results. While planning an upcoming trip to Spence Field, a very popular trail shelter and scenic camping area along the Appalachian Trail, I was reminded once again of the mysterious disappearance back in 1969 of a young boy named Dennis Martin.   Dennis Martin, circa 1969   On Father’s Day, 1969 Dennis Martin was six years old., His older brother, his father, grandfather, and two cousins were on thei...
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By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
One of my fellow Realtors moved recently and while packing she came across some old advertising materials from 1990. A local, 'shopper' type weekly newspaper likes to run lots of speciality inserts from wedding guides to seasonal cookbooks. This publication my friend found was a recipe collection of Realtor contributed recipes. I ran a couple of nice recipes I had submitted plus the following one: "Recipe for a Successful Home Sale195 pounds of Jim Lee, Realtor (remember, this was 17 years ago) ;-)85 professional Realty Executives Agents1 Large bunch of qualified buyersCup of Nationwide referralsBox of effective advertisingPackage of satisfied customers for more referralsLarge can of salesmanship2 Cups of financing knowledgePinch of aggressivenessAdd lots of follow up from listing to cl...
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Knoxville, TN Real Estate Professionals