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BUYING | 8 Posts
Buying a Condo | 2 Posts
Buying a House | 31 Posts
Chattanooga TN | 107 Posts
Homeowner Tips | 24 Posts
LeadingRE | 1 Posts
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Retire in Chattanooga

Fantastic food, live music, endless outdoor attractions, an affordable lifestyle, and close, tight-knit neighborhoods... what more could you ask for? If you've been searching for the perfect place to retire, then Chattanooga is more than worth your time. The city has seen extensive growth in recent years without losing its welcoming, small-town atmosphere and has plenty to offer for retirees of every interest. Our real estate agents are here to help you get to know Chattanooga, starting with 5 reasons why the city is a great place to retire.

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Home Inspection

No matter how carefully you examine a home during an open house or private viewing, there will be aspects of a home that a professional home inspector will be needed to identify. While a home inspection isn't always mandatory, getting a home professionally inspected will help you determine whether the house you have your eye on is truly ready for you to move in. 

Home inspectors must be licensed in Tennessee and in many other states. It takes specialized training to identify various home building materials, learn current building codes, and spot specific signs of damage or deterioration. Our real estate agents want you to know what to expect when home inspectors are looking at Chattanooga homes for sale

A Look Around 

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Competitive Market

Based on data from the National Association of REALTORS®, existing-home sales bounced back at a record pace in June, showing positive signs for a recovery from the pandemic-influenced downturn. If you are looking to buy right now, chances are you'll be met with some competition. Luckily, there are several ways you can make your offer a stand out. Beat the competition with these tips for making a winning offer on Chattanooga homes for sale

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Buying a Home During Retirement

You've put in years of hard work, and now it's time to relax and make the most of your retirement years. Sometimes that means purchasing a new home. Whether you want to downsize or relocate to a warmer climate, there are many things retirees need to consider when purchasing a home in retirement. The following are seven tips our REALTORS® recommend you use as a guideline before making your decision.

  1. Consider Your Costs
    Property taxes, sales taxes, utility bills, HOA dues, maintenance, and general upkeep can amount to hundreds, if not thousands of dollars per month. Take these expenses into account and discuss them with your accountant when calculating how much home you can afford.
  2. Look Closely at the Layout
    Most retirees prefer a single-story house or condo when they retire. These are easier to clean and maintain. When choosing a home, you will want to choose one that fits the lifestyle you anticipate and isn't too large or too small for your needs.

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Veteran Loan 2020

Our REALTORS® have worked with many clients who make use of VA loans to buy their first home. The VA home loan, available to most service members, reservists, and National Guard members, can be genuinely life-changing.

In 2020, benefits associated with the loan will get even better.

If you are looking at Chattanooga homes for sale – or even just considering whether it's time to buy – it's important to know about these pending changes. Many of them can make it easier to get the home you want.

Two crucial adjustments are coming as of January 1, 2020.

VA Loan Limits Will Be Eliminated – For Good

As part of the Blue Water Navy Vietnam Veterans Act of 2019, signed into law in June, VA loan limits will be removed for all qualified loan applications in 2020 and beyond.

Loan limits specify the highest sum the Department of Veterans Affairs can guarantee with zero down payment. Naturally, the lack of down payment is one of the most attractive aspects of the VA home loan. It can save loan recipients thousands of dollars.

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Mortgage Interest Rates
You negotiated a good deal on your dream home with the beautiful kitchen, and you are approved for a mortgage. Now, all that's left is to sign the paperwork. All those pages you are signing detail what you will pay for the house you are making a home. One specific number to pay attention to is the interest rate, which of course, adds to the final amount you pay back.

So how is the interest rate calculated for people buying Chattanooga homes for sale? Here is a quick primer:

  1. Debt to income ratio
    This number shows lenders how much income you have to the amount of debt you are responsible for paying back. If you have a lot of debt payments already, you might find it difficult to pay a larger mortgage. One of the best things you can do before buying a house is pay down as much debt as possible. Not only will this let you get a better interest rate, but it will also give you breathing room as you begin homeownership.

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Understanding the Mortgage Process
If you are ready to become a first-time homeowner and are itching to get started shopping Chattanooga homes for sale, it is time to learn a few things about how to get the mortgage you need for your purchase. The mortgage process can often be the most complicated part of buying a home, but being well-prepared to tackle it can make things easier and less stressful. Here are some key points to understand the mortgage process:

Preparing Before You Apply is Essential

Having all your ducks in a row before beginning the mortgage process can help ensure that you can make the process work to your best advantage. Here are some important steps to take to get ready to apply for a mortgage:

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Retirement in Chattanooga
What would you like to see in the community where you choose to spend your retirement? Perhaps you're interested in scenic walks, ample outdoor activities, and great places to grab a meal at the end of the day. Or maybe you'd like to soak up the arts, visiting galleries, historic performance venues, university exhibits, and public art displays. No matter how you wish to spend your days, the Chattanooga, TN is a fantastic place to call home during retirement. Our REALTORS® have the inside scoop on all that awaits you in the Scenic City. 

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Lookout Mountain-Rock-City-Lights
High above Chattanooga, at the top of scenic Lookout Mountain, you will find a spectacular holiday display unlike any other. Rock City's Enchanted Garden of Lights is now entering its 23rd holiday season, and this year's display will be bigger and better than ever before. 

Now, you can choose your own path through the Enchanted Gardens, and create your own adventure through the gorgeous holiday scenery. This is one holiday event that you certainly won't want to miss, and our Chattanooga REALTORS® have the inside scoop on what to expect from this year's Enchanted Garden of Lights.

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Buy a Home in Chattanooga
If you're searching for the perfect home, don't abandon your quest during the holidays. While other home buyers are busy with food, relatives, and shopping, you can have access to exciting seasonal house-hunting benefits.

Of course, you don't want to give up your family fun to spend time with strangers, but why not compromise? Celebrate your holiday traditions, but add a few house hunting activities to your schedule. Review online listings. Attend open houses. Schedule tours of homes in Chattanooga. Keep the home search going and you might be celebrating a home closing by year's end.

Our REALTORS® understand that it takes something special to pry you away from your holiday enjoyment. To motivate you, we offer these five reasons to buy a home during the holidays.

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Caring for Your Chattanooga Home
Fall is a lovely time to spend time outdoors enjoying the beautiful Tennessee scenery, but those leaves will eventually fall and many of them will find their way into your gutters.

Maintaining your gutters is a very important habit for homeowners because it can help prevent potentially costly home maintenance issues. So while it may not be as enjoyable as scoping out Chattanooga's fall scenery, scooping out your gutters is a habit that's worth developing to protect your biggest investment. Our Chattanooga REALTORS® have created this guide to help you clean your gutters this fall.

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Why Getting Pre-approved for a Mortgage Matters

Why Pre-Approval is Important
Buying a home means facing a list of unavoidable tasks like inspections, closing procedures, packing and, unless you're one of the very few who have enough money to purchase a home with cash, getting a mortgage approved. Our agents at Fletcher Bright Realty explain why you may be asked if you've completed one of these tasks ahead of time, by getting your mortgage pre-approved.

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Moving on a Budget
Moving can be stressful and expensive--especially if you're making a big move across the country. If you're relocating to Chattanooga, these money-saving tips from our experienced real estate agents can help you. 

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Buying Condo Pros Cons
When buying a home, some folks know exactly what they want, others are stuck trying to decide between a house or condo. Our agents at Fletcher Bright Realty understand how important this decision is, and are ready to assist you in any way possible. We've put together some pros and cons on condo ownership to help you get started.

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Finding the Pefect Condo in Chattanooga for You

Chattanooga Condo for Sale

Buying a condo in a city like Chattanooga offers you plenty of conveniences not easily found in other communities—like access to downtown restaurants, shopping and entertainment.  However, if you are interested in buying a Chattanooga condo, you should know that part of picking out the perfect living space is asking the right questions. Our REALTORS® in Chattanooga know exactly which questions to ask to uncover information that shapes your condo buying decision. Let's take a look at some of the best questions to ask before making a commitment to a condo.

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