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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

Frequently Asked Questions of Home Buyers

Frequently Asked Questions of Home Buyers What is the Difference Between Getting Pre-Qualified and Getting Pre-Approved for a Mortgage Loan? Mortgage Loans: Pre-Qualified vs Pre-Approved 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 […]

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What $500,000 Will Buy You In Brentwood, CA vs. San Jose, CA

May 15, 2018 By Ken Guthrie Leave a Comment

OK, we all know that buying a home in California comes at a price. And that price is steep compared to most of the country. But, there are still affordable communities in and around the Bay Area. So we thought it would be a good idea to do a comparison between what kind of home […]

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Filed Under: Real Estate Tagged With: Brentwood CA, Median Sales Prices, San Jose CA

How To Search for Homes on GuthrieGroupHomes.com Real Estate Website

March 20, 2018 By Ken Guthrie Leave a Comment

GuthrieGroupHomes.com Real Estate Agents

Everyone who owns a home or is looking to buy a first or second home should know how to do an MLS search for homes or other properties. “Why” you may ask? Well, that way you have the power to see what is on the real estate market available for sale at any given time. […]

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Filed Under: Real Estate Tagged With: MLS Listings

5 Real Estate Myths You Need to Stop Believing Immediately

September 19, 2017 By Ken Guthrie Leave a Comment

Real Estate is one of those businesses that seem to be shrouded in myths and mystery. Unfortunately, watching those reality shows about buying homes, fix and flip, and other similar nonsense will not make you an expert in the real estate biz. And even if you have bought or sold a home before, you might not […]

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

Understanding the Roles in Your Real Estate Transaction

September 18, 2017 By Ken Guthrie Leave a Comment

Hiring an inexperienced real estate agent can be a real mistake

Who’s Who? The Different Roles in Real Estate Transactions in California How many people does it take to complete a real estate transaction? It may be more than you think! Most people we ask say a half-dozen or so. How many do you think are involved? There are way more than a half-dozen or so! […]

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

The Worst Mistake You Can Make with a Grant Deed

January 24, 2017 By Ken Guthrie Leave a Comment

  Libby has been particularly frustrated about something lately and has asked me to share it with you. She wants very much for people to avoid a particular mistake that can cause them all kinds of problems regarding a real estate thing. We have seen people make this mistake many times over the course of […]

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Filed Under: Real Estate Tagged With: Grant Deed, Mortgage

The California Real Estate Investor Shift [Infographic]

June 20, 2016 By Ken Guthrie Leave a Comment

It’s becoming more common for real estate investors to purchase non-traditional homes and properties these days. While it’s not a huge change, just a 10% increase, it is a trend we need to watch. These investors are purchasing commercial properties, land, mobile homes and other similar properties. The share of single family homes being purchased […]

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Filed Under: Real Estate Tagged With: Infographic, Real Estate Investing

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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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