Below are some answers to frequently asked questions, sources to
interesting FACTS and a calculator to determine your mortgage payment.





Question: What are the benefits of working with a real estate broker?
Answer: There are many good reasons, but here are a few:

    1. Immediate resources like the Multiple Listing Service
    2. Extensive knowledge of the area and the value properties available.
    3. Knowledge of local real estate laws ie. zoning, easements, etc.
    4. Ability to communicate offers and negotiate terms with objectivity.
    5. A friendly interface between the buyer, seller and financial institutions.
    6. Providing research, evaluation and inquiry.

Question: What is the cost of living in East Tennessee?
Answer: Approximately half (50) of the nationwide average of 100.

Question: What are property taxes like?
Answer: Taxes on a 2000 sq.ft. home runs around $1024.00 annually.

Question: What is the state income tax?
Answer: There is no state income tax.

Question: What are typical electricity costs?
Answer: Monthly cost for a 2000 sq.ft. home is $41.00.

 

Facts about the State of Tennessee
Relocation facts and figures
Mortgage rates
 

Enter the Length of loan, Interest, Amount of loan, Tax and Insurance

Length of loan years   Interest percent
Amount of loan dollars   Annual Tax dollars
Annual Insurance dollars  

Here are the monthly payments !!

Principal & interest   Tax   Insurance
Total monthly payments    dollars