Melissa Shipp Homes

Real Estate Partners

Hot new property

Check out this hot new property or at least it is in my most humble opinion. Located at 209 W 17th St. Chattanooga,TN 37408. It is a great 2ba/1.5ba, 1150sqft. condo with 2 great outdoor spaces. There is even a laundry room. Talk about luxury for $169,000 in downtown Chattanooga. I won’t lie it does need some lighting and kitchen updates, but is a great investment, a great location, and a great layout.

1135980_0156250

This weekend is going to be beautiful in Chattanooga so be sure to get out there and enjoy local activities. Today there is an Octoberfest ordeal going on down on the NorthShore of town.

Posted: October 24th, 2009
Filed under: Condos, Federal Tax Credit Information, downtown chattanooga, northshore, real estate partners, tax credit, tennessee

Too Long

It has been a while since I’ve posted sorry about that.

There is not much new news around the real estate world. The market is still in recovery and the tax credit is still set to expire Dec. 1st of this year. That said there is a BIG push from the Realtor association and many other advocates to have the tax credit extended and possibly expanded. I’ve heard up to $15,000, so all hope is not lost, but I am not sure it is worth the gamble either. With the country’s deficit on the rise daily it seems nearly impossible to continue to hand out money to people, but that hasn’t slowed the government down recently so I guess we’ll just see.

That said I have a great house to check out and use that $8000 tax credit on. 611 Texas Ave. Signal Mtn, TN 37377 priced at $159,900 with 3bd/1.5ba  1460sqft and a huge fenced in backyard. Walking distance to Signal Point and in the heart of the Old Town district. Check it out and bring an offer soon before it is snatched up. There is a possible lease/purchase option available on this home for the right candidate.

Front kitchen2livingdining
backyard

Posted: September 15th, 2009
Filed under: Federal Tax Credit Information, buyer a home, buyers, chattanooga, chattanooga association of realtors, chattanooga real estate, homes for sale, houses, signal mountain, tennessee

Bridgeview Condos / Terrace at Frazier

Check out these awesome condos…4 Cherokee Blvd Chattanooga, TN 37402 has all the amenities the Northshore has to offer. Starting at $327,000-on up there for a penthouse these offer covered secured parking, great porches/patios, gas fireplaces, built with the utmost integrity, step out into Renaissance Park and so much more!

Photo

There is another great Northshore condo at the corner of Frazier and Tremont. Check out www.terraceatfrazier.com for all the information on the building and be sure to call me to set up that appointment. You always want someone who is working for you and not the developer. Photo-1

Both buildings have advantages and disadvantages it is merely a difference in taste. Bridgeview for sure has better outdoor living spaces, but Terrace has extra storage space available with the unit and the potential to build out a unit specific to your needs. If you are looking for upscale living on the Northshore you cannot go wrong with either of these developments.

Have a great day and keep me in mind when you run into someone who is looking to buy or sell.

Melissa Shipp

mshipp@homesrep.com

423.645.5098

Posted: August 26th, 2009
Filed under: 37405, Condos, Federal Tax Credit Information, carta buses, chattanooga association of realtors, chattanooga real estate, chattanooga realtors, condos townhomes, downtown chattanooga, for sale, mortgages, north chattanooga, north shore, northshore

1606 Wood Nymph Trail Lookout Mountain, GA

Now is the time…Now is the time to take advantage of that $8000 before it is too late. Come by and check out this awesome house on Lookout. You want privacy? You want great outdoor space? You want the possibility of adding on in the future? You want the best deal on Lookout? Then this is the house for you….1606 Wood Nymph Trail Lookout Mtn. GA 30750. 3bd/2ba open floor plan 1650sqft. updated kitchen and just a good home feeling.

Interest rates have dropped a bit again and it is time to take advantage. www.bankrate.com

front 3back patioliving from entrance

Posted: August 25th, 2009
Filed under: 1.4 acres, 3bd/2ba, Federal Tax Credit Information, GA tax credit, acreage, boulders, boulders in backyard, buy homes, buyer a home, chattanooga, chattanooga real estate, interest rates, real estate partners

Neutral Party

I am not a neutral party when it comes to government, but perhaps I should be….This article explores Obama’s stand on home ownership vs. rental. Looks like more government for all and where is all that money this incredibly wealthy government is getting coming from??? That being said rent is the only option for some people right now but rent can very easily be more expensive than a mortgage. Being mindful of where your money is going is important but so is being able to afford owning a home which comes with sometimes large bills, i.e. new roof, new a/c, water damage etc…

Check out this great home on at 1606 Wood Nymph Trail Lookout Mountain, GA 30750. 3bd/2ba with over an acre of land for $224,900. You cannot beat the price for the area!

front 3

Posted: August 18th, 2009
Filed under: 1+acres, 1.4 acres, 3bd/2ba, Federal Tax Credit Information, GA tax credit, Lookout Mountain GA, chattanooga real estate, homes for sale, lookout mountain golf club, lookout mountain real estate, tax credit, tennessee, tn

Signal Listing

Great home on Signal Mountain. Zoned for Thrasher Elementary, and the new Signal High School. This rancher style home has so much going for it. New windows, all hardwoods throughout, renovated kitchen and bath with a wonderful fenced in yard with huge patio and a one car garage with good storage. All this only minutes from Rainbow Lake Trail Head, Prentice Cooper, and Signal Point. The area is very pedestrian and biker friendly with community charm.

3bd/1.5ba

1650 square feet

$172,500

611 Texas Ave. Signal Mountain, TN 37377

Front Porchlivingdining

backyard

Posted: July 29th, 2009
Filed under: Federal Tax Credit Information, chattanooga, homes for sale, mortgages, signal mountain

More Useful Information

Here is some addition information about the First Time Tax Credit. Check it out here. It gives more guidelines than the frequently asked questions link I have posted before.

Posted: July 15th, 2009
Filed under: Federal Tax Credit Information, buy homes, chattanooga real estate, downtown chattanooga, for sale, home buying, homes for sale, tax credit, tennessee

Tax Credit can be used for closing costs

Check it out here. There is also a chance for those who make above the set limit on income to still get a tax credit (it is just a bit reduced) so it is worth checking into even if you are above the $75,000 single income and $150,000 joint income. 

Check out those rates. www.bankrate.com

Have a wonderful Monday!

Posted: July 6th, 2009
Filed under: Federal Tax Credit Information, buy homes, buyer a home, buyers, chattanooga, interest rates

Tax Credit Information

Here is the low down on the up to $8000 tax credit for 1st time home buyers. I’d take advantage of it now…TAX CREDIT

Posted: February 24th, 2009
Filed under: Federal Tax Credit Information