Great Smoky Mountains Real Estate

I am often asked by those who vacation to our area on a regular basis:“Why do people invest in vacation homes in the Smokies? How does itwork? What are the costs?”You may not realize it, but most of the cabins in the Smokies are owned byprivate families just like you and me. As a matter […]

If you’ve been following the latest on real estate, you may have seen the reportsregarding the National Association of Realtors recent decision to settle a lawsuit out ofcourt pertaining to commissions and buyer representation. So, what is the low down onthese highly publicized “real estate lawsuits” regarding commission, and what does itreally mean for future

Finding the Win:If you are looking for a vacation style cabin home in the Smokies that you can makemoney with, you’re probably wondering, ‘Where is the win in this market?” This isalways the right question! And there is always a win to be found, but what is it? The firststep in finding the win is

     Last month I shared with you that owners of short-term rentals in Sevier County are required toapply for a new permit. Sevier County Fire Marshall’s office began taking applications onJanuary 1. The application window will close on March 31. This is a new mandate that comeswith a $50 per-day penalty for those operating

      In January, Sevier County implemented new Fire and Life Safety Codes, and established aninspection program to enforce those codes. We have been expecting this for some time, but ithas been unclear as to the timing and exactly what would be covered. As many of you areaware, our region has been on a

      Happy 2024! As we enter a new year, this is the time when people begin planning for new lifegoals, including investment opportunities. Many of you who are just making your first visit tothe Great Smoky Area are asking, “Is this a good area for Short Term Rentals?”Let me see if I can

 …Help is on its way! You will be pleased to know that there are several options for you. The lending world is always changing. The good news right now is there are several loans that will give you the opportunity to purchase a residence with little or no money down. What does that mean? When

REAL ESTATE INVESTMENT LENDING IS STILL POSSIBLE With the rise of interest rates this last year, lenders have been scrambling to addressborrowers’ lack of excitement over their loan products. Particularly, investment lending hasbeen hit hard with the feeling of negativity by borrowers. Higher interest rates have createdchallenges in getting properties to cash flow at current

3 Common Mistakes When Buying Property Start by starting! Many times, I’ve heard people say they will wait for the market to change, but the truth is that even when one part of the market changes, another adjusts along with it. So until you start the process, you may be missing the real estate opportunity

Winning in the Current Market With interest rates higher than they’ve been in a very long time, many buyers are finding themselves frustrated with the challenge of finding a property within their budget. It hasn’t helped that prices of properties have not dropped to pre-2021 levels. So, just how does a buyer “win” in this