Everything Homebuyers Need to Know and More About the TRID Changes

Did you know that on October 3rd, 2015, the closing process will significantly change for the first time in many years? The TILA-RESPA Integrated Disclosure (TRID) rules will go into effect on October 3rd, and drastically change the mortgage disclosure experience.

 

Here at PARKS, we want our homebuyers to be fully informed and aware of the changes taking place as these changes may affect your current home buying process.

Why The Change?

Some homeowners and home buying prospects might tell you that the mortgage disclosure and closing process is a bit complicated. The new changes, also known as the “Know Before You Own” rule, is being put into place to make the entire process

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1. We are licensed professionals with local market expertise.  We have access to the most recent, accurate market information and the ability to give you advice, reports, statistics and details that may not be reliable on the Internet.

 

2. We help you stay objective.  Everyone knows how stressful and emotional buying and selling can be!  Staying objective and unattached helps the negotiation process.

 

3. We negotiate on your behalf.  Involving an impartial REALTOR® to help navigate the negotiations is always a good idea.  We know what to look for and we understand contracts, closings, title insurance, deeds, etc.

 

4. We know the business and can make informed recommendations about repairs, renovations, cost estimates.  We

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Are you thinking of putting your house on the market?  Naturally if you speak with a real estate agent or read articles online you will find several great ideas of things to do to improve your curb appeal and increase the value of your home’s listing price.  Well, there are some things you might consider doing that will not improve the value of your home.  Here are a couple:

 

Repaint in bright, unique colors.

Painting your child’s room in Thomas the Tank Engine Blues and Red is one thing, but having your entire kitchen burnt orange and your living room deep sea blue will send many house hunters running.  If the time has come to refresh your paint colors, check out the popular colors for the year and lean towards the more neutral tones.  Its

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People ask all the time, which blogs do you follow?  Good question!  There are so many great blogs out there its hard to keep up with all of them, but here are a few that we watch locally and nationally; some real estate, some not as much.

 

Houzz

 

Houzz is so much more than a blog!  They offer so many great resources, Q&A forums,  ideas for every possible room of the house, great photos and much more.

styleblueprint

 

This is a great southern blog – kind of a what’s going on in and about Nashville and other metropolitan southern cities.

eat.drink.smile.

 

If you’re a local foodie, there’s no doubt you already follow this blog.  Beth always helps us find the best new restaurant for our out of town guests or if we’re

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Struggling with creating strong content for your blog? LinkedIn has created an entertaining infographic entitled, “The Blogging Food Groups: A Well-Balanced Diet of Content,” which likens blog topics to food items and how to group them together effectively. Check it out below or visit the original post!

 

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We all know, this is how it starts.  The sink drips.  A cabinet door is loose.  The plastic door handle breaks off the microwave.  Thousands over budget and six months later you have a brand new kitchen.

 

According to the 2014 Cost vs Value Report by Realtor® Magazine, the top remodel projects that provide the best return on investment are:

 

Deck addition – 87.4%

Major kitchen remodel – 63.6%

Bathroom remodel – 63.6%

New roof – 63.0%

Basement Remodel – 77.6%

 

Strange as this may sound, it’s not really about what you like.  It’s about what you can sell in the future when you plan to move.  Paint, up-to-date cabinetry and energy star appliances are all a fairly current kitchen needs.  But if you’re staring at the business end of

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Moving can be extremely stressful. Here are some apps to make the big day easier!

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iMoving

iMoving allows you to easily create a list of the contents of your home, providing you with estimates in weight and cubic feet, and with this information in hand, get reliable quotes from a wide selection of moving companies.

 

Price: Free

Platform: iPad

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MoveTools

No more cramming stuff in boxes at the last minute or wondering where your toaster went. Now you can virtually pack every room in your house, stay organized with recommended tasks, and create packing labels that display the contents of boxes without opening them.

 

Price: Free

Platform: iPad, Android

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 Moving Day

 

– Easily catalog all your things

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What is Staging, and why you need a Realtor ® who is also an
Accredited Staging Professional, ASP when selling your home.

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Home staging is professionally preparing homes for sale, so that they appeal to more buyers and most often generate the highest amount of money and shorter days on the market. Staged homes traditionally present themselves better than the competition by being clean, clutter and odor free and ready to show to prospective buyers.

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Home staging is not decorating, fluffing, interior design or redesign. Instead, home staging is detailing, de-cluttering, de-personalizing and preparing the home at it’s best, giving it a “show home” appearance so that the potential buyer can envision living there. The moment

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Upcoming Bob Parks Auction

Saturday, April 12, 2014 10 AM

Official Website

Virtual Tour

Here is a link to the flyer for the upcoming auction.

1542 Avellino Circle, Murfreesboro, TN

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Interesting facts about auctions:

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Did you know that auctions are sometimes the preferred method of sale for a property?  Did you know that there are two types of auctions?  I have to say no to both, I didn’t realize.  I always thought of auctions as a “last resort” kind of sale.  Last year about 70% of auctions were the owners’ first choice.

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An auction is an immediate action.  You know that morning that your property will be sold that day, unless of course the reserve is not met, then you have a choice.  I’ll get to that in

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