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All agents are NOT alike! Find out why THE VAUGHN TEAM is the number 1 expert in Clarksville TN real estate. Call us: (931)245-6733.
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Get Free Presentation On Our Home Marketing. Before signing a contract with any real estate agents, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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"Your team has 'nailed it' !" "Being able to see inside a house when you're thousands of miles away is so important to serious buyers." Mona Bell Read Quote > View All Quotes >
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Compare three mortgages at one time.
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Maurice Vaughn are some of The Top Selling Real Estate Experts Find Out More > |
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Looking for real estate in Tennessee? Perhaps you are looking for what to see and do in the Clarksville, TN, Ft. Campbell, KY, area or searching for information about one of Clarksville's great neighbors, such as Adams, Sango, or St. Bethlehem. The purpose of our website is to not only furnish information on the homes we have listed but a complete search of all properties in the Middle Tennessee Multiple Listing Service(MLS). If it's Clarksville TN real estate, Montgomery County, or Fort Campbell KY real estate information you need or you just like to look at new homes, TheVaughnTeam.com has it all including the latest real estate market conditions for Clarksville TN and the surrounding area! Buying or selling your home is one of the biggest events in your life. As number 1 real estate agents in Clarksville TN, we have the experience and track record to assist with all your needs, from property to build on, purchasing an existing or new construction home, or getting your home sold. We want to be your real estate agents! Please feel free to visit our website at your leisure and return as often as you like, always knowing any personal information will be treated with confidence. - Maurice Vaughn and The Vaughn Team  |
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
Where was the first hotel built in the US?
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| A |
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink. |
See More Real Estate Trivia > |
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