CherokeeLakeRealty https://validator.w3.org/feed/docs/rss2.html Home I’M LOOKING AT PURCHASING A HOME AND EITHER RENTING IT OUT, OR DOING OWNER FINANCING, AS AN INVESTMENT. WHICH DO YOU RECOMMEND? LOT 157 HOPPERS BLUFF ∙ RUTLEDGE ∙ 0.99 OF AN ACRE ∙ OFFERED AT $189,900 WHAT ARE THE OPTIONS IF I RECEIVE AN OFFER TO BUY MY HOUSE THAT I THINK IS TOO LOW? HOW MUCH WILL MY HOUSE BE WORTH NEXT YEAR? WHAT PERCENTAGE DO YOU SEE IT INCREASING? WE’RE TRYING TO DECIDE WHETHER WE WANT TO PUT IT ON THE MARKET NOW OR WAIT UNTIL NEXT YEAR. WHAT INFORMATION MUST WE REVEAL WHEN SELLING OUR HOME ? YOU HAVE WRITTEN IN SEVERAL COLUMNS THAT AS A SELLER WE ARE LEGALLY RESPONSIBLE FOR DISCLOSING HOW MANY BEDROOMS OUR SEPTIC SYSTEM IS APPROVED FOR. WHAT IF WE DON’T KNOW THIS INFORMATION? LOT 180 WOODSTOCK DRIVE ∙ RUTLEDGE ∙ 0.78 OF AN ACRE ∙ OFFERED AT $35,900 PARCEL 070.03 ROCKY BRANCH ROAD ∙ RUTLEDGE ∙ 0.87 ACRES ∙ OFFERED AT $50,000 PARCEL 070.04 ROCKY BRANCH ROAD ∙ RUTLEDGE ∙ 1.71 ACRES ∙ OFFERED AT $70,000 Upcoming Events for the Cherokee Lake Area… Knoxville tops list of popular cities for relocation, study finds LOT 158 HOPPERS BLUFF ∙ RUTLEDGE ∙ 1.1 ACRES ∙ OFFERED AT $149,900 WE HAVE DECIDED TO MOVE TO THE CHEROKEE LAKE AREA FROM PENNSYLVANIA. WE ARE AT THE AGE WHERE THE COLD BOTHERS US MORE THAN IN THE PAST. BASED ON YOUR EXPERIENCE, DO YOU THINK IT IS BETTER FOR US TO BUILD A NEW HOME OR BUY ONE THAT HAS ALREADY BEEN BUILT? High rent and home prices are pushing neighbors out of Knox County LOT 104 RED CLOUD LANE ∙ RUTLEDGE ∙ 0.6 OF AN ACRE ∙ OFFERED AT $94,500 WE DON’T LIVE IN TENNESSEE AND ARE LOOKING AT ADS ONLINE FOR A HOME TO PURCHASE. WHAT SHOULD WE LOOK FOR BEYOND THE PHOTOS? 164 LOGAN’S BLUFF ∙ BEAN STATION ∙ OFFERED AT $799,900 1689 W HIGHWAY 25-70 ∙ NEW MARKET ∙ OFFERED AT $1,399,000. LOT 7 SHILOH SPRINGS ROAD ∙ RUTLEDGE ∙ 0.9 OF AN ACRE ∙ OFFERED AT $19,900 PARCEL 070.00 ROCKY BRANCH ROAD ∙ RUTLEDGE ∙ 3.1 ACRES ∙ OFFERED AT $105,000 LOT 3 RHONDA’S WAY ∙ RUTLEDGE ∙ 2.61 ACRES ∙ OFFERED AT $17,900 When will mortgage rates go down? The outlook heading into 2026. OUR SON WANTS TO BECOME A REAL ESTATE AGENT. ANY ADVICE YOU CAN GIVE HIM WOULD BE APPRECIATED. LOT 209 WOODSTOCK DRIVE ∙ RUTLEDGE ∙ 0.9 OF AN ACRE ∙ OFFERED AT $89,900 WE WILL BE SELLING OUR HOME SOON. HOW DO WE DETERMINE WHAT TO PRICE IT AT? WE DON’T WANT TO OVERPRICE IT, BUT WE ALSO DON’T WANT TO SELL IT FOR LESS THAN WHAT IT’S WORTH. LOT 48 SHILOH SPRINGS ROAD ∙ RUTLEDGE ∙ 0.97 OF AN ACRE ∙ OFFERED AT $194,000 WE MADE A MISTAKE IN PURCHASING A HOME. WE HAVE GONE THROUGH THE CLOSING PROCESS BUT HAVE NOT MOVED IN YET. HOW MANY DAYS DO WE HAVE TO CHANGE OUR MIND AND GET OUR MONEY BACK? MY WIFE AND I WANTED TO LET YOU KNOW HOW MUCH WE APPRECIATE YOUR COLUMN. YOU’VE PROVIDED SOME GREAT REAL ESTATE INFORMATION AND KEEP UP THE GOOD WORK. WE DO HAVE A QUESTION FOR YOU. DO YOU ONLY LIST LAKE PROPERTIES FOR SALE? I WOULD LIKE TO MAKE AN INVESTMENT IN REAL ESTATE. DO YOURECOMMEND INVESTING IN LAND OR A HOUSE? WE’VE HAD OUR HOME ADVERTISED FOR SALE FOR QUITE A WHILE AND IT HAS NOT SOLD. THE LISTING IS EXPIRING, AND WE DON’T KNOW WHETHER WE SHOULD RENEW IT OR JUST TAKE IT OFF THE MARKET UNTIL THINGS IMPROVE ECONOMICALLY. IN YOUR OPINION, WHAT IS THE BETTER OPTION? WE’VE BEEN READING YOUR COLUMN AND APPRECIATE ALL THE INFORMATION YOU’RE PROVIDING. WE WATCH ALL THE HOME IMPROVEMENT SHOWS AND ARE GOING TO LIST OUR HOME FOR SALE. IN VISITING YOUR WEBSITE IT MENTIONS THAT YOU ONLY TAKE 5 HOME LISTINGS AT ONE TIME. IS THAT CORRECT AND IF YOU DON’T MIND US ASKING, WHY ONLY 5? IF WE WANT YOU TO LIST OUR HOME, AND YOU HAVE 5 ALREADY, IS THERE A WAITING LIST FOR EXAMPLE? LOT 199 WOODSTOCK DRIVE ∙ RUTLEDGE ∙ 0.57 OF AN ACRE ∙ OFFERED AT $42,900 YOU WROTE A COLUMN A FEW WEEKS BACK ON HOME INSPECTIONS. YOU RECOMMENDED THAT SOMEONE BUYING A HOME SHOULD HAVE IT INSPECTED BEFORE PURCHASING. AS A SELLER, SHOULD WE GET OUR HOME INSPECTED TO BETTER UNDERSTAND WHAT ISSUES MAY COME UP? 987 SELLERS ROAD ∙ JEFFERSON CITY ∙ OFFERED AT $134,900 MY HUSBAND PASSED AWAY AND I WILL DO WHAT HE ALWAYS RECOMMENDED AND INTERVIEW THREE COMPANIES BEFORE I MAKE A DECISION ON WHO TO LIST OUR HOME WITH. I WAS PLANNING ON HAVING YOU AS ONE OF THOSE THREE. BUT MY NEIGHBOR TOLD ME YOU TURNED DOWN HER LISTING? THAT’S UNUSUAL TO TURN DOWN WORK WHEN IT’S OFFERED. WHY DO YOU TURN DOWN A LISTING? LOT 114 COW POKE LANE ∙ RUTLEDGE ∙ 085 OF AN ACRE ∙ OFFERED AT $74,900 WHAT IS THE NUMBER ONE ADVICE YOU COULD GIVE US IN CHOOSING A REAL ESTATE AGENT TO LIST OUR HOME? LOT 39 LOGANS BLUFF ∙ BEAN STATION ∙ 0.55 OF AN ACRE ∙ OFFERED AT $124,900 WE’VE READ YOUR COLUMN IN THE LAST COUPLE OF WEEKS ABOUT BEDROOMS AND SEPTIC TANKS. WE ARE GETTING READY TO LIST OUR HOME AFTER WE TIDY UP A FEW THINGS (IN FACT WE WILL BE CALLING YOU) AND HAVE SEVERAL ROOMS IN OUR HOME THAT CAN BE CONSIDERED BEDROOMS. PUTTING ASIDE THE SEPTIC REQUIREMENT FOR LISTING BEDROOMS, WHAT CONSTITUTES A BEDROOM? WE’VE HEARD THAT A BEDROOM MUST HAVE CLOSETS. IS THIS CORRECT? PART II ANSWER: WE HAVE 4 BEDROOMS AND 3 BATHROOMS, BUT WE WERE TOLD THAT BECAUSE OUR SEPTIC SYSTEM IS ONLY APPROVED FOR 3 BEDROOMS, WE CAN’T LIST OUR HOME FOR SALE AS A 4 BEDROOM? AND WHY ARE SEPTIC PERMITS BASED ON BEDROOMS AND NOT BATHROOMS? MY HUSBAND AND I KEEP GOING BACK AND FORTH ON SELLING OUR HOME. ONE DAY WE AGREE, NEXT DAY WE DISAGREE. SOUND FAMILIAR? SO, OUR QUESTION IS, IF WE DO LIST IT, WHEN IS THE BEST TIME TO LIST OUR HOME FOR SALE? LOT 68 COW POKE LANE ∙ RUTLEDGE ∙ 072 OF AN ACRE ∙ OFFERED AT $72,900 LOT 32 SHILOH SPRINGS ROAD ∙ RUTLEDGE ∙ 0.6 OF AN ACRE ∙ OFFERED AT $49,900 2028 N. SIZER AVENUE ∙ JEFFERSON CITY ∙ OFFERED AT $284,900 SHOULD WE FIRST SELL OUR CURRENT HOME BEFORE PURCHASING OUR NEW ONE OR SHOULD WE BUY THE NEW HOME FIRST AND THEN SELL OURS? WE PURCHASED A HOME EARLY THIS YEAR AND FOUND OUT AFTER THE FACT THAT WE CANNOT BUILD A DOCK ON OUR LAKEFRONT PROPERTY. HOW IS THIS POSSIBLE? ALSO, THE WATER LEVEL KEEPS DROPPING. WE WERE RECENTLY TOLD THAT IT WILL KEEP DROPPING AND MOST OF OUR LAKEFRONT WILL BE DRY. COMING FROM FLORIDA WE ARE AWARE OF SEA LEVELS RISING BUT WERE NOT AWARE OF LAKE LEVELS DROPPING. WHY? WE READ ON YOUR WEBSITE THAT YOU DO NOT PUT A KEY LOCKBOX ON YOUR CLIENT’S DOOR TO ALLOW BUYERS TO VIEW YOUR SELLERS’ HOME AT THEIR CONVENIENCE, THAT YOU NEED TO BE PRESENT FOR EVERY SHOWING, IS THIS ACTUALLY CORRECT? WE HAVE 4 BEDROOMS AND 3 BATHROOMS, BUT WE WERE TOLD THAT BECAUSE OUR SEPTIC SYSTEM IS ONLY APPROVED FOR 3 BEDROOMS, WE CAN’T LIST OUR HOME FOR SALE AS A 4 BEDROOM? AND WHY ARE SEPTIC PERMITS BASED ON BEDROOMS AND NOT BATHROOMS? OUR REAL ESTATE AGENT IS MAKING A BIG DEAL ABOUT WHAT THE SQUARE FOOTAGE OF OUR HOUSE IS. IS THIS REALLY IMPORTANT?