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Memphis : Real Estate Advice

  • All678
  • Local Info61
  • Home Buying235
  • Home Selling36
  • Market Conditions24

Activity 370
Mon Mar 4, 2013
Maggie Armstrong answered:
Hey Peachez, 38104 is considered Mid Town and typically holds it value very well! Most people that live there absolutely love it! Wonderful things are happening in that area and I would say depending on which home, you could possibly be making a Great Real Estate Investment and for sure a good lifestyle investment, especially if you are currently renting. You can "own" most of the time for way less than you can rent for, saving you a lot of money. So stop throwing any money down the drain and invest in homeownership. I am here and able to help you every step of the way! Just give me a shout at 901.461.7216!
Maggie Armstrong
Keller Williams Realty
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Mon Feb 4, 2013
Michael Bellaire answered:

It appears that this property isn't listed in the local MLS system. If you are serious about buying it or any other home, feel free to contact me and we can discuss what needs to be done.

Michael Bellaire
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Tue Jun 25, 2013
Cathy Hunter Banks answered:
You'd love Harbor Town!! It's its own little community with schools. Call me and I can help you find something great there or there a couple of other areas I could recommend for you. Cathy Hunter Banks Prudential Collins-Maury, Inc 901-606-2374 ... more
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Tue Jan 22, 2013
Bob Brown answered:
Yes. Visit my website and click on the Partners/View All Partners right side. Contact Jeff at RH Lending - he told me he could go 580. Where is McEwen Tennessee? ... more
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Wed Apr 23, 2014
Rich Homer answered:
Best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website.
0 votes 3 answers Share Flag
Thu Jan 17, 2013
Sandra J. Karns answered:
I have a listing at 1952 Jackson Avenue in the Vollintine-Evergreen Historic District just in back of Rhodes College for $1,495 per month. It is 2500sf, w/hardwood floors and 9' smooth ceilings throughout, completely new kitchen, 3 bedrooms, 2.5 baths, 24x16 gameroom, central air/gas heat, covered porch, swimming pool, guest house, double garage, and privacy fenced yard. No pets are allowed. This property and others may be viewed on Trulia, Zillow,, Homes, com, as well as the Commercial Appeal website and 2 or 3 other real estate websites. If you would like further information, please contact my office at 901/454-6501 and I will be happy to help you.

Sandra J. Karns
Broker/Property Manager
River City Real Estate
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0 votes 1 answer Share Flag
Mon Jan 21, 2013
Jo Shaner answered:
Hi Fred,

It's a process that cannot be easily addressed without a little more info from you. I have helped several Canadian families who have moved here in the past 3 years (can furnish references).

Contact me direct @

Glad to have you here.

Jo Shaner
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0 votes 6 answers Share Flag
Sun Sep 1, 2013
Laron A Jones answered:
Hello my name is LaRon A Jones, I'm a realtor for Kaizen Realty, I would love to help you find the home of your dreams. Please don't hesitate to contact me by phone or email I will be glad to assist you.
Thank In Advance, LaRon A Jones & Kaizen Realty
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Mon Jan 21, 2013
REMAX On Point MS answered:
If you filed Chpt 7, you will have to wait 2 yrs from your discharge date and reestablish credit before you buy a home.

With a Chpt 13, you will have to reestablish credit and wait 1 yr from discharge date.

Hope this helps!

Laura and Jason
Selling homes for a decade!
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0 votes 3 answers Share Flag
Thu Feb 21, 2013
Douglas Conner answered:
Omni Properties is one of the largest and best property management companies in the Memphis area. They manage over 1,000 properties in Memphis, Nashville and NW Mississippi. Their web site is and phone # is 901-372-5513. ... more
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Sat Dec 8, 2012
Hamza Ibrahim answered:
Currently the property is a pre-foreclosure and a notice of sale has been submitted. Typically, once the notice of sale has been submitted it will be listed soon (typically within 30-60 days).

If you would like a detailed report on this property, email me at
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0 votes 2 answers Share Flag
Tue Jan 22, 2013
Bob Brown answered:
Well you will have closing cost (approx 2% - 3% of sales price). Your closing attorney can provide the exact amount (Close-Trak is a good choice). A home warranty would be optional at a cost of approx $454 for 1-year service (First American Home Warranty). If you want to be represented by a Realtor, we can ask the seller to coop for a 3% commission for you. I would suggest you use a Realtor to make sure you have all the necessary forms for your protection. I'm available. ... more
0 votes 3 answers Share Flag
Mon Jan 21, 2013
Jing Roachell answered:
Dear relocation friends, Germantown is a very nice place to live. It's next to Memphis. It has a lower property tax than Memphis does. It has very good schools from ELM to High. It has great library, sport center & perfoormance center that meet your needs. People love this city with great police officers, firefighters and learning centers for kids' music, dancing, sports, English & Math. Great community!!!

Germantown has very good home sales if you invest your money into the best school district. Renting will lose money, buying is better because of nice Germantown property value and many other reasons, like tax benifits, privacy, enjoying life with more space with more freedom, happiness and family love. You will gain money & happiness when you leave if you get a good deal home in a nice area in today's housing market.

Another city is Bartlett that has a lower city tax as well. It's a very nice city next to Memphis. You will get bigger home in Bartlett if spending the same money comparing with Germantown.

Smart home buyer should buy now. There has never been a better time!!!
Email me with Questions anytime for you and your friends.
Please give Jing A Ring for All your real estate needs.

Welcome to Memphis!
Look forward to seeing you one day!
Best Wishes for a wonderful & beautiful holiday season to your family!

(#1 in Mid-South, the biggest in Memphis)


901-758-5641 FAX
901-674-9036 CELL
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Fri Mar 29, 2013
Todd Berry answered:
Afternoon, fellow Texan! There are several great areas in Memphis. Feel free to give me a call anytime and we can figure out the best fit for you!

Todd Berry
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Tue Nov 27, 2012
Bob Brown answered:
Each rental situation can be very different - your best answer is to contact the person renting the home and ask about the terms of the rental agreement. There is no magic answer for this question and you might have to check several before you will one that will rent you a home.Let's face it, if you have only a temporary job you are a high risk renter that you will default at sometime when you temporary job disappears. How would you feel if you were the owner of the property? Would you rent to someone with a temporary job? A lot of full time jobs are disappearing daily. Take care and have a blessed day. ... more
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Fri May 30, 2014
Andrew Wilkinson answered:
Hi there Mmpizar,

This is a great question, but I think you might have a better chance of getting more answers if you reposted your question in our "Memphis, TN" section, which you can find here:

Good luck,

Community Manager
Trulia Voices
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Tue Feb 26, 2013
Bryan Horn answered:
FHA loans require a 3 yr wait after short sales, 2 yr wait after Chap 7 and 1 yr wait after Chap 13.

Conventional loans (Fannie Mae) require 7 yr wait after short sales if you have less than 10% down and only a 2 yr wait if you have 20% down. Chap 13 is a 2 yr wait after discharge. Chap 7 is a 4 yr wait.

Hope this helps!

btw - how are property values doing on the low to mid end in Memphis? thanks, Bryan
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Wed Oct 24, 2012
Ray Gaudet answered:
I would float the rate. I think rates are safe until after the election.
Or contact a lender that will "lock" you and allow you to lower it once over the period of your lock term.
We have a few companies that do that in Knoxville; I would suggest calling around to hear about more attractive programs.

Good Luck,

Ray Gaudet
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0 votes 6 answers Share Flag
Sun Aug 25, 2013
Maria Cipollone answered:
A bankrupcy will reflect on your credit report for the next 7 to 10 years, but it does not mean that you can not obtain a new mortgage a year later after the bankrupcy. It really depend on How you will manage and improve your financial stability. Shop around for a mortgage broker, they have access to many banks, private lenders and many different programs.

Best of Luck,

Maria Cipollone
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