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Real Estate - Home » FAQs » Back on Market

Back on Market

January 20, 2023 By Libby Guthrie Leave a Comment

A

Back on Market

Posted by Libby Guthrie
Back on Market
Back on Market

What does Back on Market mean?

The property was under contract with another buyer and their contract fell through, so it is Active again.

BOM stands for “back on the market” in real estate and is a common abbreviation used by real estate agents.

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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!

House hacking Curious? What to Know Before You Sta House hacking Curious? What to Know Before You StartThinking about house hacking? Here's what you need to know before you dive in.
Zoning and local regulations are non-negotiable. ADU legality, short-term rental rules, and multi-family zoning vary dramatically by city and neighborhood. What's allowed three blocks away may not be allowed on your property. Unpermitted units create liability headaches that outlast the savings. Do things by the book from the start.
Be honest about lifestyle fit. Sharing a property with tenants — whether strangers or family — requires a certain temperament and a willingness to handle uncomfortable conversations. Clear boundaries and realistic expectations matter.
And always run conservative numbers. If the math works with vacancy and maintenance built in, you're solid. If it only works at 100% occupancy, it's a risk.
Link in bio
https://gghknoxville.com/house-hacking-in-2026-what-nobody-tells-first-time-real-estate-investors/
Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com
Knoxville, Tennessee
#HouseHacking #RealEstateTips #Zoning #SmartHomebuying
House Hacking in 2026: What Actually Works House House Hacking in 2026: What Actually WorksHouse hacking isn't about living for free — it's about making homeownership possible when it otherwise wouldn't be. In 2026, the strategy is less about eliminating a mortgage payment and more about engineering one you can actually afford. 🏡
Here's what's working:
✅ ADUs (accessory dwelling units) — Fannie Mae now lets buyers count projected ADU rental income toward mortgage qualification, up to 30% of total qualifying income
✅ Multi-generational homes — 14% of all home purchases in the last year were multi-generational, with Gen X leading at 19%
✅ Small multi-family properties — FHA loans allow up to 4 units with just 3.5% down if you live in one
✅ Realistic expectations — If rental income cuts your $3,800 payment down to $2,200, that's a win
The math has to work. The zoning has to be legal. And the lifestyle has to fit. But for the right buyer, house hacking can turn a closed door into an open one.
Link in bio
https://gghknoxville.com/house-hacking-in-2026-what-nobody-tells-first-time-real-estate-investors/
#HouseHacking #RealEstateInvesting #FirstTimeHomeBuyer #HomeownershipGoals
Libby Guthrie, REALTOR® 🏡 | Cell: 865-364-0200 | GGHKnoxville.com
Keller Williams 865-966-5005 | Libby@GuthrieGroupHomes.com
Knoxville, Tennessee
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