Real Estate Tips

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Blue Ridge Properties has compiled this list of tips to help with all of your real estate needs from staging and styling to sell your home fast to ensuring you get the best deal as a home buyer:

Money Talks

Working through financial jargon with a mortgage lender can be confusing, but you can make the process easier if you clarify queries up front. Real Estate ABC and About.com offer a few tips for talking to your lender and finding what home loan fits you best.
Don't be afraid to ask the pros and cons of each type of loan possibility - fixed rate loans are good if you are likely to have a lower interest rate and can pay it off quickly, while an adjustable rate mortgage will fluctuate during the term of the loan. And keep in mind that the total cost of a loan includes many fees, such as appraisal, request for credit report, inspection reports and recording fees. Sometimes these fees are negotiable, so be sure to ask your lender if there's room for move savings.
Ask about the lender's relationship with the financial institution they represent. The closing process moves quickly, and it's important to have a lender who feels comfortable getting in touch with the financial institution and making changes for his or her client as often as needed.
When determining a closing date on the property, it's best to work with a lender who can guarantee funding and turn-around of the loan within 48 hours of signing the necessary paperwork to avoid delays.
The most important tip? Trust your gut when choosing a lender. If at any time you're not comfortable with the answers given, or if the lender is vague or defensive, consider looking elsewhere.

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321 Broad St

423-247-4181
FAX:
423-247-8684

4610 Fort Henry Dr

423-239-0100
RENTALS:
423-928-4181




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