What Is a Jumbo Loan?

Many home buyers pursue conventional financing as a way to get a mortgage. In some cases, East Nashville home buyers need to apply for a different kind of loan. Jumbo loans are intended to offer financing to home buyers in areas with a higher cost of living, or who need a loan for a more expensive home. Jumbo loans can be quite similar to conventional mortgages, but there are a few differences. Borrowers should understand these distinctions before they apply.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

1. What Is a Conventional Loan?

In order to know what a jumbo loan is, home buyers should have a basic understanding of conventional…

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Uses For Virtual Reality in Real Estate

Virtual reality may well be the next big thing in technology. Companies are pioneering developments to the real estate industry with virtual reality experiences like never before. They make it possible to have guided 3D tours of Franklin properties, access virtual staging to appeal to a broader audience, and have built applications for digital interior design. Technologies such as these have the potential to revolutionize residential and commercial real estate as well as short-term and vacation rentals.

Virtual Reality Home Tours

Not everyone can visit each property in person depending on scheduling, times of open houses, and other factors. Open houses themselves can be limited by weather, ability to stage an area attractively, and may be…

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Favorite Architectural Styles for First-time Home Buyers

Modern families prefer open floor plans, large windows and bright interiors, great kitchens with eat-in space, and a private back yard. But, without the need to renovate, what home styles offer these features?

Statistics show modern Crieve Hall home buyers often anticipate spending money to update or remodel, but is it always necessary? Some home styles boast plenty of appeal just as they are. Although it might take some effort to find one, the search can be rewarding and cost-effective.

Mid-Century Modern

The mid-century aesthetic features unrestricted interior view lines, often integrating living, dining and kitchen space with soaring ceilings and few walls, or perhaps half-walls to delineate room function. Characterized by large expanses of…

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New Real Estate Building Technology

Real estate building technology has made leaps and bounds in the last few decades. The invention of tablets, smart software and even new construction tools has improved efficiency for contractors who build homes. Residential structures are constructed faster and easier than ever, and they're made to be more efficient for homeowners. If you're thinking about building a home sometime in the next few months, here's what you need to know about new real estate building technology.

Communication Software for Contractors

One of the reasons the home building process has improved in the last few years is because of communication software available to contractors. Home builders now have access to powerful communication tools, which enable them to track…

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