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Thinking of Buying a Home? Get My Free Guide
Buying a home is a complex decision with many factors to consider. Quick Quiz Each month I’ll give you a new question. Just reply to this email for the answer. What is the only radio station in the U.S. whose call letters match its town's name? Why Not Pass Me to a Friend? If you've enjoyed this newsletter and found its information useful, please forward it to a neighbor, friend or co-worker by clicking this link. Tennessee Gets Honors for Business Climate The state of Tennessee is receiving honors from Site Selection magazine for its business climate, being ranked one of the top 5 in the country. It's the seventh time in the past decade that Tennessee has cracked the top 10, and the fifth time in the past 7 years that Tennessee has made the top 5. Factors including transportation infrastructure, existing workforce skills, and state and local taxes factor into the rankings, along with the number of new and expanded business facility projects in each state. The rankings appear in the November 2009 issue..
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Survey says country, climate help make Tennessee the 4th-happiest state!
By Kate Howard, The Tennessean A study released Thursday ranked Tennessee as the fourth-happiest state based on the answers of Tennesseans and what researchers called objective measures of good living. The Centers for Disease Control polled more than 1.3 million people across the country, and only three states - Louisiana, Hawaii and Florida - ranked higher in happiness than the Volunteer State. The places where people are most likely to report happiness also tend to rate high on studies comparing things like climate, crime rates, air quality and schools. But happiness is something that Vanderbilt University philosophy professor John Lachs says can't be scientifically measured as easily as those things. People tend to think about happiness in the context of mood, Lachs said, not the direction of their lives and whether they're meeting their goals. But if it were measured? He'd put Tennessee at No. 1. "Go to the Eastern Seaboard and it's push, push and then you drop dead," Lachs said. "We have a more relaxed lifestyle. Something really important is that in Tennessee, people are civil." A report in Thursday's edition of the Journal Science found that the happiest people tend to live in the states that do well in quality-of-life studies. Researchers compared the survey's happiness rankings with studies that rated states on criteria ranging from availability of public land to commuting time to local taxes. At the bottom were New York, Connecticut and Michigan. The CDC ratings used data collected over four years that included a question asking people how satisfied they are with their lives.
Sell First or Buy First?  When it comes to buying and selling real estate, timing is of the utmost importance. Unfortunately, it's also a topic few people truly understand. The following are some tips to keep in mind when speaking with your real estate agent.Sell before buying or buy before selling? It's an age-old question, but asking a few strategic questions might enable you to narrow your decision down to the right choice for your individual situation. Is selling or buying a necessity or do you have some flexibility? Job relocation, change of marital status or other life situations often require a relocation within a specified period of time. Equally important are the needs of the other party. Work with your agent to understand the opportunities and limitations of both sides in order to create a win-win situation. Buying before selling typically benefits those who simply must move or relocate within a specified period of time and who are unable or unwilling to lease or rent. It is also a popular option for those seeking an exchange of property under Section 1031 of the U.S. Internal Revenue Code or for those who are attempting to minimize taxation via other deals. Can you obtain financing or afford to carry both mortgages for any period of time? If so, you may have a little more flexibility at your disposal. Speak to your agent about a leaseback or other temporary term. It's often possible to use these when negotiating terms. Selling before buying can benefit those who are unable to obtain financing with an existing mortgage in place or who wish to use cash proceeds from the prior sale to fund repairs, renovations or an entire purchase. In many instances, it is possible to arrange a simultaneous closing for both the home purchased and the home sold with contingencies that reflect this situation on both transactions.
Tennessee honored by business magazine for 2009 work Business Facilities magazine has named Tennessee the 2009 State of the Year for the number of jobs created and amount of capital investments. The New Jersey-based publication also named the Hemlock Semiconductor project in Clarksville, Tenn., its 2009 Silver Award winner for the Economic Development Deal of the Year. The magazine cited the company's announced $1.2 billion and the creation of 500 to 900 jobs. Gov. Phil Bredesen, responding to the honors, said Tennessee continues to distinguish itself as a business-friendly state. He said the state is blessed with a productive work force and low taxes.
State officials said Tennessee had more than 16,700 new jobs and $3.1
billion in new investments in 2009 despite the economic downturn.
Document: Take plenty of photographs when buying or selling so you can share them with others. Sellers can assist buyers by providing a fact sheet that includes room dimensions, existing warranties, upgrades and other important features of the property. Or buyers can bring along a tape measure and a notebook to jot down important details.
When you are ready to buy or sell a property, contact me. I can help you with every aspect of buying or selling your home because I am experienced, because I'm professional . . . and because I truly care.
Kathy Caylor
Realty Executives Associates 109 Northshore Drive, Suite 200 Knoxville, Tennessee 37919 865-588-3232 | www.kathycaylor.com Serving Knox, Sevier and Blount Counties
Can't find the right property? Consider a custom home.
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Tennessee is home to | This newsletter and any information contained herein are intended for general informational purposes only and should not be construed as legal, financial or medical advice. The publisher takes great efforts to ensure the accuracy of information contained in this newsletter. However, we will not be responsible at any time for any errors or omissions or any damages, howsoever caused, that result from its use. Seek competent professional advice and/or legal counsel with respect to any matter discussed or published in this newsletter. This newsletter is not intended to solicit properties currently for sale. |
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