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Articles about Real Estate

Real Estate

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

Residential real estate

Residential real estate may contain either a single-family or multifamily structure that is available for occupation or for non-business purposes.

Residences can be classified by and how they are connected to neighboring residences and land. Different types of housing tenure can be used for the same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns.

From Wikipedia

How Much is Your Home Actually Worth?

March 13, 2019 By Libby Guthrie Leave a Comment

Discover What Buyers Will Pay in Today’s Market It’s easy to look up how much money you have in your savings account or the real-time value of your stock investments. But determining the true market value of a home is trickier. As a seller, knowing your home’s actual worth helps you price it correctly when […]

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Filed Under: Real Estate Tagged With: Comparative Market Analysis, Home Buyer Tips, Home Seller Tips, Home Value, Home Value Report

2018 Real Estate Market Report – More Changes!

January 14, 2019 By Ken Guthrie Leave a Comment

Well, 2018 was something of a ride in the real estate market! The big thing everyone wants to know first is, of course, how did sale prices do? The short answer is that prices in all our markets were up for the year. The longer answer is, they were not up as much as many […]

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Filed Under: Real Estate Tagged With: Real Estate Inventory, Real Estate Market

What’s Ahead for Real Estate in 2019?

January 14, 2019 By Libby Guthrie Leave a Comment

As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” It’s not only buyers, sellers, and homeowners who are impacted. The real estate market plays an integral role in the overall U.S. economy.  Fortunately, key indicators point toward a stable housing market in 2019 with signs of modest […]

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Filed Under: Real Estate Tagged With: Home Buyer Tips, Home Seller Tips, Mortgage, Real Estate Market

What’s Ahead for the Real Estate Market in 2018

October 30, 2018 By Ken Guthrie Leave a Comment

“How’s the Market?” you ask? A few weeks ago, we wrote an update on the local real estate market for October. But what about what’s happening to the national real estate market? We got you covered there, so read on. While no one can predict the future with certainty, most experts expect to see modest […]

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Filed Under: Real Estate Tagged With: Market Update, Real Estate Market

Real Estate Market Change Report for October 2018

October 16, 2018 By Ken Guthrie Leave a Comment

The Change Has Come! In our last quarterly real estate market update, I noted how the inventory, (that’s the number of homes listed for sale) had grown for two quarters in a row.  We were waiting for one more quarter to see if this was an uptick that would go back down or the beginning […]

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Filed Under: Real Estate Tagged With: Market Update, Real Estate Inventory

What a Half Million Dollar House in Hayward CA Looks Like 🤯

August 21, 2018 By Libby Guthrie Leave a Comment

What kind of house will $500,000 buy in Hayward, CA compared to Brentwood, CA? Welcome to our second article comparing housing prices in the San Francisco Bay Area to East Contra Costa County. And just FYI, even though we are on the edge of what you might think is the Bay Area, we still consider […]

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Filed Under: Real Estate Tagged With: Brentwood CA, Hayward CA, Home Buying Tips

Pre-Qualified vs Pre-Approved: What’s the Difference?

One of the first steps in purchasing a home is getting either pre-approved or pre-qualified for a mortgage. Unless of course, you’re buying with all cash. 😁 It’s very easy to get confused between the two things. So, should you get Pre-Qualified or Pre-Approved for a mortgage loan? Without getting into too much detail, we’ll give you […]

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guthriegrouphomes

Libby Guthrie, Realtor
@ Keller Williams 865-966-5005
🏡 Helping You Make the Move to Knoxville
📱 Cell: 865-364-0200
🏡 Good People, Great Homes!

Most don't realize what's negotiable when you buy Most don't realize what's negotiable when you buy a home in⁣
Knoxville Tennessee 👀⁣
⁣
Everyone focuses on the purchase price - and yes, that⁣
matters. ⁣
⁣
But a good agent is thinking about your monthly payment,⁣
what you're bringing to closing, what happens after the inspection report comes⁣
back, and whether the timeline actually lines up with your life.⁣
⁣
I've had clients walk away from the table with mortgage⁣
lender incentives/credits, Sellers paying for buyers closing costs, repair⁣
credits, and a move-in date that worked around their lease. ⁣
⁣
If you're buying a home in Knoxville let's talk. There's⁣
usually more room on the table than meets the eye.⁣
⁣
If we haven't met, I'm Libby Guthrie local real estate⁣
advisor in Knoxville.
The Financial Conversations Families Skip ⬅️ (don' The Financial Conversations Families Skip ⬅️ (don't do that!)Here's what derails most multigenerational home purchases: families fall in love with the idea, find the perfect property, and convince themselves the financial details will sort themselves out.
They don't.
Before you start the search, get clear on:
💰 Who's on the loan and what that means — Co-borrowers combine income to qualify for more, but they also share legal responsibility for the debt and the equity. That's different from a co-signer, who carries liability but doesn't own a piece of the property.
📝 How ownership is structured — Joint tenancy vs. tenancy in common affects what happens if someone wants to sell, refinance, or passes away. Equal contributions don't always mean equal ownership makes sense.
🤝 Getting it in writing — A written agreement covering expenses, maintenance, common areas, and exit plans protects everyone and makes future conversations easier.
The families who work this out before closing have far smoother experiences than those who assume it'll work itself out.
Link in bio
Libby Guthrie, REALTOR® 🏡
Cell: 865-364-0200
Keller Williams 865-966-5005
GGHKnoxville.com
Libby@GuthrieGroupHomes.com
Knoxville, Tennesseehttps://gghknoxville.com/multigenerational-home-buying-what-families-need-to-know-before-they-start/
#RealEstateAdvice #HomeBuying #MultigenerationalHome #FinancialPlanning #SmartHomebuying
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