Wednesday, 18 July 2018
Why HGTV Is Not Like Real Life
Hear me out... I like watching HGTV in my down time just like the next guy and sometimes we have it on in the office, but I’ve had some people come to me with some pretty unrealistic expectations about the home-buying process that can usually be attributed to one or both of the homebuyer’s penchants for watching lots of HGTV. Here are some things to consider about the actual home-buying process in relation to some of the scenarios on a few of their popular shows.
1. If you’re determined to buy a fixer-upper, the Property Brothers will not show up with their state-of-the-art Computer Generated Imagery and conduct all of the work for you. The final shots look great at the reveal, but in real life, that kind of renovation work takes weeks (months) and lots and lots of dollars. If you have a background in construction and a lot of time and money, then I say go for it; otherwise, let’s keep looking.
2. You’re starting to fall out of love with your home and you can’t decide whether to spend some money making it lovable or to sell it and move on. On Love It or List It, Hilary and David swoop in and do a LOT of work to sway the couple in both directions. Keep in mind, though, that Hilary almost always has to come back to the owners with dreadful news about some problem they found during the renovation that will cost thousands of extra dollars and David usually finds the homeowners a dream home … that’s $100,000 out of their price range. You have to know exactly what you can afford to spend before you start either of these processes, so do your homework, and make sure you’re on the same page financially with everyone who’s a part of the process.
3. And speaking of being on the same page—I sometimes wonder if the couples on House Hunters have even had one conversation about what they want in a home before they go on this show. (I know, TV drama) Buying a home is an emotional process, and it’s probably not wise to duke out the details in front of your Realtor, lender, or anyone else for that matter. If you are buying a home with someone, you need to present a united front throughout the process. What are each person’s non-negotiables? What is your max budget? Decide these things BEFORE you start looking.
4. Equally as frustrating are the episodes where a homebuyer will dismiss a home simply because they don’t like the paint color, carpet, or tile. These are called cosmetic issues and they can be fixed relatively easily over time. Make your decision based on the location or the layout, or the great yard—not on paint color.
And as a final note..., It's NOT a good idea to purchase a house without doing a home inspection... No matter what they say on TV. It's television....like everything on TV there is an agenda behind everything. I would be more than happy to help you find a new home or that second dream home in Figi if that’s what you’re looking for, but no, it’s not normal for people to live like all the people you see on House Hunters International. Please reach out to me if I can help with anything - JAROD
.... "You've Got a Friend in Real Estate"
Jarod Tanksley 615.403.8265
Brentview Realty 615.373.2814
Posted on 07/18/2018 9:48 AM by Jarod
Monday, 9 July 2018
Moving to the Nashville Area from California? Here’s What You Should Know
Nashville may be known as the birthplace of country music and the home of honky tonks and boot-scooting, but even a quick visit to the area will demonstrate that there’s so much more to be discovered and enjoyed. With a booming job market, an exciting craft brewery scene and an ever-growing list of hot new restaurants to try, tons of amazing (and often free!) opportunities to enjoy live music, and gorgeous open spaces for playing, hiking and exploring, the Nashville area is the perfect place to establish your new home. It’s a rapidly growing city where locals and transplants alike welcome newcomers. It’s a place to settle, a place where you can put down roots and a place that will keep you hoppin’ with plenty to do.
Ready to make the move? Not sure where to begin? Here are some things you should know.
Davidson and Williamson counties are home to a huge number of both private and public school options. If you’re leaning toward sending your child to a private school you can send him to a prestigious college prep academy with 150 years of history, a Montessori school located on 10 wooded acres, or a multitude of other schools all along the educational philosophy spectrum. Williamson County (just south of Nashville) public schools boast some of the top-rated schools in the state. And Metro Nashville Public Schools, a district of over 160 schools, offers school option lotteries, the Academies of Nashville program which has been recognized by the White House as a national high school transformation model, and dedicated, talented faculty, including Tennessee’s Teacher of the Year. This Zone Finder can help you navigate Metro’s large area and focus in on zoned schools and communities you may want to join.
Cost of Living & Real Estate
It’s no secret that the cost of living in many California cities is significantly higher than in much of the country. Whereas LA’s cost of living ranks 43% higher than the national average and San Francisco’s cost of living scores a whopping 80% higher, Nashville and its surrounding areas boast a cost of living 3% lower than the national average. In addition, Tennessee has no income tax and some of the lowest property taxes in the country. When looking for a home in Nashville, you’ll be getting a bigger bang for your buck with a median home price of $252,800, compared to CA’s median home price of $542,900. With new homes being built and arriving on the market every day, Nashville’s real estate scene is hopping.
Wondering about some of the best neighborhoods to look at? Check out this guide for info on Nashville’s urban and walkable neighborhoods. Looking for a place outside the city? You’ll find plenty of options in Bellevue, Brentwood, Franklin, Donelson, and more. Whether you’re looking for a condo in the heart of downtown, a family home tucked in a walkable neighborhood, or something with more of a sprawling country feel to it, you’ll find it all in the Nashville area.
Nashville’s climate, like much of the southeastern United States, is classified as humid subtropical. This translates to four beautiful seasons, with winters typically on the short and mild side and summers often long and warm. Nashville tends to have elevated humidity throughout the year and receives plenty of rain from January-December. While winter can seem a bit brown and gray at times, sunshine is never long in coming and the beautiful, temperate spring and autumn, with their flowers in riotous bloom and their trees in brightly hued splendor, more than make up for winter’s lack of color.
All of that rain contributes to Nashville’s extensive green spaces and natural beauty. Located in the north central region of Tennessee, it offers easy access to rolling hills, is centrally located among dozens of waterfalls, and is just a few hours’ drive from the Great Smoky Mountains. The Nashville area itself boasts amazing hiking, including over 3000 acres of hiking, biking, and horse riding trails just nine miles outside of the heart of downtown. The Cumberland River snakes through the eastern part of the city, providing a beautiful river walkway for biking and strolling. And Centennial Park, in the heart of Nashville, boasts open green spaces, a small lake, walking trails and a replica of the Parthenon, as well as a free outdoor concert venue known as Musician’s Corner.
Things to Do
Nashville and its surrounding areas are home to some incredible food and drink - check out Biscuit Love for brunch, Prince’s Hot Chicken Shack for the city’s iconic dish, Husk for the south’s best fine dining, and Diskin Cider and Tailgate Brewery for a small taste of the city’s thriving craft brewing scene. It’s also home to one of the best live music scenes you can find - and not just country music, but countless independent and well-known artists in all musical genres. Need a hometown sports team to cheer for? Nashville’s got you covered. Looking for a hip art scene? Check out the First Saturday Art Crawl. You’ll never run out of things to do in Nashville.
I have helped dozens of people relocated from California and I would love an opportunity to help you.
To Learn More...
Davidson County website
Nashville Area Chamber of Commerce
Metro Nashville Public Schools
Williamson County website
Williamson County Chamber of Commerce
Williamson County Schools
Posted on 07/09/2018 9:35 AM by Jarod Tanksley
Friday, 6 July 2018
Where to Find the True Value of a Home
I hear it all the time: "But Zillow (or Trulia, etc.) says my home is worth $ (fill in the blank), but you're telling me it's worth this?" These nationwide real estate databases are a great starting point, but you need to know the facts before you put all your stock in a "zestimate."
Websites like these have grown over the years to include millions of listings in thousands of towns. The value that you see listed with any given home is an estimate found from using public data that is only updated every few years. The estimate might also be based on comparing the price of a home with others in the same city, but it basically just offers an average based on those other homes and does not take into account neighborhood, schools, upgrades, lots or any other changes to the home. There is no appraised value (what the bank would actually allow financing for in the purchase of the home), and no one is held accountable for false or misleading information.
According to Fortune, "Zillow has Zestimated the value of 57 percent of U.S. housing stock, but only 65 percent of that could be considered 'accurate'-by its definition, within 10 percent of the actual selling price. And even that accuracy isn't equally distributed.
The best way for you to know the true value of a home is to enlist a real estate agent who is able to pull up comps from homes that are most like the one you're curious about based on size, location, and features. They can also work with other agents to find out what upgrades and other considerations have gone into the price of the home beyond square footage and location.
For instance, a tax record (what Zillow/Trulia uses) might show that the house next door to you sold for $250,000, but it would not show what was included in that price such as closing costs, a washer/dryer, or anything else that the sellers covered. Your agent can ask these questions and help you find homes and prices that are more comparable to the home you're inquiring about.
These sites do have many great uses, though, so I'm not saying you should completely dismiss their many other helpful features such as real esate articles, aerial views of homes and neighborhoods, and local information about schools, etc. If you are searching for the most up-to-date pricing information about homes for sale in the Middle Tennessee area, realtracs.com is very reliable and most all agents use it every day. Don't trust a website to tell you the value, trust a professional who has experience and has been inside your house...?
Give me a call, and let me guide you through the entire real estate process.... "You've Got a Freind in Real Estate"
Jarod Tanksley 615.403.8265
Brentview Realty 615.373.2814
Posted on 07/06/2018 7:00 AM by Jarod