I found this fascinating quote today:

What caused you to buy your house? Is it close to a popular Knox County school, shopping, in a great area. Whatever the reason most buyers will likely be attracted to the same things, make sure they know about them in your advertising.

You should read the whole article here.

Today's Originatior Times has an article about a new policy that calls for a new, single down payment policy to replace the current one of charging higher down payments in areas of the current where home prices are declining.

Unfortunately they still "ding" buyers with higher interest rates if their credit scores fall below 720 or lower. 720 is considered a good credit score by most lenders.

A better alternative would be an FHA insured loan which never had the higher down payment policy and lend on credit scores as low as 580!

FHA recently upped the loan limits for the greater Knoxville, Tennessee area to a maximum $271,000 sales price.

You can read all about it here.

Timely tax tips are now posed at the Knoxville Tennessee Real Estate Blog.

Did you know you may be able to sell your current home and not pay any captial gains taxes on gains up to $500,000?

Do you know how to sell your current home to yourself, create a new rental property, start depreciating that property, AND still benefit from the $500,000 capital gains exclusion?

Real all about it at: Knoxville Tennessee Real Estate Blog.