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Saturday, April 7, 2012

Cherokee Lake Douglas Lake Fort Loudon Lake Melton Hill Lake   Norris Lake Tellico Lake Watts Bar Lake-


EastTnLakes.com and JustListedLakes.com Real Estate Group will help you enjoy everything that lakefront living offers. Peaceful sunsets enjoyed relaxing on your own back deck... discovering the best fishing spots among thousands of miles of waterways… catching the perfect wake boating, skiing or tubing… exploring miles of beautiful wooded mountain trails and natural forests… teeing off your favorite green while the nearby water beckons you… or making new friends at one of the many local marinas and restaurants. PLUS Every REALTOR® listing that is entered into the MLS  Coldwell Banker Real Estate Century 21 Real Estate GMAC Real Estate ERA Real Estate Real Living Real Estate Re/Max Real Estate  Realty Executives Real Estate Sotheby's International Real Estate Weichert Realtors Assist-To-Sell Real Estate Prudential Real Estate Exit Real Estate Crye-Leike Real Estate Keller-Williams
Water covers more than 220,000 acres of East Tennessee, with the Tennessee Valley Authority’s (TVA) reservoirs and rivers draining some 20,000 square miles. By navigating a series if locks and canals, you can travel by boat from Tennessee to the Atlantic Ocean. Cherokee Reservoir In a year with normal rainfall, the water level in Cherokee Reservoir varies about 30 feet from summer to winter to provide seasonal flood storage. Douglas Reservoir  In a year with normal rainfall, the water level in Douglas Reservoir varies about 44 feet from summer to winter to provide seasonal flood storage. Fort Loudoun NAVIGABLE LAKE  To maintain the water depth required for navigation, Fort Loudoun Reservoir is kept at a minimum winter elevation of 807 feet. The typical summer operating elevation is between 812 and 813 feet. Melton Hill NAVIGABLE LAKE Melton Hill is a run-of-river reservoir, meaning that water is passed through the reservoir without being stored long term. The water level fluctuates about four feet (between elevation 791 and 795) on a daily basis.  Norris Reservoir  In a year with normal rainfall, the water level in Norris Reservoir varies about 29 feet from summer to winter to provide seasonal flood storage. Tellico Reservoir Tellico Dam is not a hydroelectric facility. It has no power generators and produces no electricity. Water from Tellico, however, helps drive the four generating units at Fort Loudoun Dam. Watts Bar NAVIGABLE LAKE To maintain the water depth required for navigation, the minimum winter elevation for Watts Bar Reservoir is 735 feet. The typical summer operating range is between 740 and 741 feet.

Friday, April 6, 2012

More Buyers See Opportunity in Vacation Homes

More Buyers See Opportunity in Vacation Homes: Some buyers are calling the vacation-home market the “perfect storm,” — falling home values, low mortgage rates, and increased affordability — which is prompting more opportunity in the second-home market.

Rental property located in the Great Smoky Mountains the hot tourist corridor of the major attraction are being gobbled up quickly. Because of the major tourist attractions in this area namely - the National Park, Dollywood & our 6 area lakes. East Tennessee, real estate market has a unique appeal. They are being rented by many of the 9 million visitors who come to this area every year.

Monday, April 2, 2012

Top information source Buyer use used during home purchasing process

Down fall for sellers of over priced properties: Top information source Buyer use used during home purchasing process

As buyer increasingly start their house shopping online, sites like Trulia.com, Zillow.com and Realtor.com promise high visibility for seller's available houses.

Down fall for sellers of over priced properties. Those third-party sites compile sold housing data, often from public sources that are freely accessible on the Web; this includes information provided by county, city, or public records and other sources. Homebuyers now can evaluate a house against similar properties that are on the market or recently sold before they make an offer.

Agents marketed 15,946 single family homes in 2011 that failed to sell did the agent hedge or shade the truth when it comes to market pricing of your property? We are often called upon to tell their sellers things they don't want to hear. “But I do tell them what you need to hear.” For example, a home is worth $150,000, but the seller wants $165,000. Many agents will take the listing at $165,000 and deal with the $15,000 price reduction later. By all means, don't fall for that line about "we'll reduce the price in 30 days if the showings and offers don't start rolling in." Properly priced homes will sell even in a "buyer's market". First of all, that's your acknowledgment that you may be overpricing your home starting at the gate. Secondly, you and your agent have just agreed to WASTE the most valuable marketing time of any home on the market and that's the FIRST 30 DAYS. (Source Knoxville Area association of REALTORS MLS)

The growth of buyers using online house-shopping means real estate websites continue to grow. They're valuable tools for buyers, giving the buyer the ability to compare properties, evaluate prices and research neighborhoods.

They're valuable tools for buyers, giving consumers the ability to compare properties, evaluate prices and research neighborhoods.

The agent is not the buyer! Buyers are under no obligation to buy a over priced property. Are you going to be one sellers who will place their property SOLD this month or still be for sale next month? The question must be... how long do you want your home to be for sale?

Historically, high fee agents were almost always involved in the sale of your property. Their commission was traditionally a percentage of your selling price – often costing you 6 per cent or even more. The liberty you gain by having more choice than simply using a high-fee agent could result in you keeping more of your money or even allow you to sell quicker. We give you more options. Make money. Sell faster. Your choice.

OPTION $495 -- paid in advance plus the 3 percent for the agent who bring a buyer ($6,000) for a total selling fee of $6,495, still a saving of more than $5,500 of the traditional full-service fee of $12,000*. Buyer Agent co-op of 3% paid at closing of your property. OPTION $2,995 -- plus the 3 percent for the agent who bring a buyer ($6,000) for a total selling fee of $8,995, still a saving of more than $3,000 of the traditional full-service fee of $12,000*. Buyer Agent co-op of 3% paid at closing of your property. OPTION Percentage of the gross closed sales price due at closing. still a saving of more than $1,500 over the traditional full-service fee of $12,000*. No other seller agent fees to be paid at closing. If your home is priced right and on the "MLS", it will sell regardless who lists it or what the listing agent charges.. So the question must how much is it going to cost YOU to sell your property?