Memphis : Questions & Answers

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Scottsdalesc…, Real Estate Pro in Scottsdale, AZ
Scottsdalescott answered:
If you Bid on a HUD home and changed your mind after the BID had been accepted, are there any consequences.
It depends as to what stage of the transaction you are in. Have you received signed seller acceptance of the offer or just verbal acceptance? You really need to discuss this with your ... more
0 votes Share Flag Mon Mar 14, 2011 Home Buying in Mc Kellar - Whitehaven-Levi PD
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I'M LOOKING FOR A SECTION 8 HOME FOR RENT IN THE 38115 AREA
Consider asking your caseworker for a list of available rentals, check with local realty offices, local print media for by owner rentals, word of mouth, etc.; also see link..
http://ww ... more
0 votes Share Flag Mon Apr 16, 2012 In My Neighborhood in Memphis
Dave DeVos (…, Real Estate Pro in Fairfield Glade, TN
Dave DeVos (931) 529-1431 answered:
Is it true that the UFPMI in tennessee has gone up to 2.25%?
Use a local bank; they are better qualified to help you.
0 votes Share Flag Fri Mar 4, 2011 Home Buying in Memphis
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What are the safest neighborhoods to live in in Memphis?
Check out area statistics; real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods--for any safety concerns--for accurate ... more
0 votes Share Flag Tue Nov 27, 2012 Crime & Safety in 38107
Jo Shaner, Real Estate Pro in Memphis, TN
Jo Shaner answered:
Are any of the "we buy houses" companies legitimate and legal?
Yes, many of them are legit, however most are not great deals for the seller. It is like selling your jewelry to a pawn shop. They are not going to give you even a reasonable wholesale ... more
0 votes Share Flag Fri Jul 26, 2013 Home Selling in Memphis
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
Im a first time home buyer moving to memphis in june. Im a doctor doing residency there and make 70K/yr can i get a 200K home with 0 down w grt credi
In this day and age, I think it will be pretty tough to find a loan with 0 down. Talk to a local lender or mortgage broker and find out what your options are. Some states offer a down p ... more
0 votes Share Flag Sun Mar 13, 2011 Home Buying in Memphis
Michelle Amen, Real Estate Pro in Arlington, TN
Michelle Amen answered:
I am looking for homes to rent in the Memphis or Cordova area?
Hi LaTanya!

I totally understand your situation. It shouldn't be a problem; I also understand that finding rentals on the internet is a complicated process. Why don't you ... more
0 votes Share Flag Mon Dec 17, 2012 Moving in Memphis
Bruce Basket…, Real Estate Pro in Memphis, TN
Bruce Baskette answered:
The Porter Building used to have a clause prohibiting new owners from renting (owner-occupied only). Is this still true?
There appears to be units for rent at this time. Do you own one there now? or are you thinking of buying?
The condo market downtown is very soft right now. Feel free to contact me conc ... more
0 votes Share Flag Sat Sep 8, 2012 In My Neighborhood in Downtown Medical Center
Jimmy Thomps…, Real Estate Pro in Memphis, TN
Jimmy Thompson answered:
I'm looking for a nice house to rent for a year with sep. tub and shower.
I have a nice rental in Memphis TN Cooper Young neighborhood. Let me know if you are interested. Can find other rents as well. 1043 Fleece is for rent or sell. Go to my website to c ... more
0 votes Share Flag Sun Feb 13, 2011 Rentals in Memphis
Edna Johnson, Real Estate Pro in Memphis, TN
Edna Johnson answered:
I am looking to set up a business relationship with a realtor in MEMPHIS for my buyer's advocate service in AUS. I require a list of willing
you may contact me by phone to discuss further 901-921-7205

Thanks,
Edna Johnson
0 votes Share Flag Mon Jan 31, 2011 Home Buying in Memphis
Charles Woods, Real Estate Pro in Memphis, TN
Charles Woods answered:
Which are the best zip codes to invest in rental homes in Memphis, TN and why?
In Memphis I would suggest either 38111 near the University of Memphis or 38104 which is midtown Memphis. Both of these areas hold their value nicely and are in parts of town where y ... more
0 votes Share Flag Wed Jan 26, 2011 Home Buying in Memphis
Bruce Basket…, Real Estate Pro in Memphis, TN
Bruce Baskette answered:
Is Baskell and Keyes, Memphis, TN 38116 a good area? Are there a lot of section 8 tenants around these areas?
If you are looking at property for investment 38116 is not a zip code to look in.
0 votes Share Flag Sat Jan 22, 2011 Home Buying in Memphis
Tony McMahon, Real Estate Pro in 20601
Tony McMahon answered:
I live in Tn and a first time buyer with a 604 can get a mortage?
Have you spoken to a local lender yet? This should be your first stop. If the 1st one can't help you try another. You could also contact a local Realtor who may be able to guide yo ... more
0 votes Share Flag Sun Feb 13, 2011 Home Buying in Memphis
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Is buying an investment property at Ashridge Place, Memephis, TN 38141 a good investment? The purchase price is $54,900.
Virtual answer is not to your benefit your buyers agent OR real estate consultant should be providing you all the data required to make a decision prior to signing any sales agreement. ... more
0 votes Share Flag Thu Jan 13, 2011 Home Buying in Memphis
Rasheedah M…, Real Estate Pro in Memphis, IN
Rasheedah M Jones /DreamTeam Realty answered:
Is Vanderwood, Memphis, TN 38128 a good area? It is a 1,320 sq. ft. house, purchase price is $49,900, fully rehabbed and rent it out for $775
Anna, I think this would pose as an awesome investment opportunity. The Raleigh Community is a traditional, mature community. I would guess, around a 50/50 mix of renters and homeowners ... more
0 votes Share Flag Thu Jan 13, 2011 Home Buying in Memphis
Voices Member,  in
Voices Member answered:
Is it Ok to buy an investment property if the purchased price is around $65,400 but the property assessment value is $111,000?
Could be great if the condition warrants. The assessed value is what the tax collector puts on the house. In most cases that office has never stepped foot on the property and they are ... more
0 votes Share Flag Tue Jan 11, 2011 Home Buying in 38133
Joe Carey, Real Estate Pro in Alpharetta, GA
Joe Carey answered:
Is buying an investment property on Spring Valley Drive near Vineyard Haven Place, Memphis, TN 38128 a good investment? I mean if the price is good.
Not to be generalized with my answer but just about any property can be a good investment as long as it meets a list of criteria ie; stability of the market, rentability or resale abili ... more
0 votes Share Flag Wed Jan 12, 2011 Home Buying in Memphis
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I am trying to find builders they take trade ins in the memphis mississippi area. Any suggestions?
Have you consider contacting the builders direct yourself. These types of trades are almost consider "thing of the past."


Lynn911 Dallas Realtor & Consultant, Loan ... more
0 votes Share Flag Mon Jan 3, 2011 Home Buying in Memphis
Allen Bailey, Real Estate Pro in Memphis, TN
Allen Bailey answered:
We are a military family being relocated to Cordova, TN. I am trying to rent a house from NC. Is it unwise to rent without viewing property first?
It is very difficult to rent at a distance in Memphis. Unless you know the area or have a friend that can give you guidance it is easy to get in an area you might not like. I have man ... more
0 votes Share Flag Thu Jan 6, 2011 Rentals in Memphis
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