Karen Svites Realty, Inc.'s Blog

Posted on 03/15/2021
How to Use Points to Your Benefit
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
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Posted on 03/08/2021
Is a Smart Home Gadget Right for You?
A smart home device may prove to be a time (and money) saver. However, not all smart house devices are ideal for all homeowners. If you select a smart home gadget that fails to accommodate your day-to-day needs, you risk wasting time and resources on a device that delivers little to no return on investment. Ultimately, it helps to...
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Posted on 03/01/2021
What is a Bi-Weekly Mortgage Plan?
Photo by Designer491 via Shutterstock The term “bi-weekly” means every other week. If you get paid bi-weekly, you usually get your check every other Friday. When it comes to a mortgage, typical amortization plans (payments of principal and interest) use a 30-year/360-month calculation. But many lenders offer a bi-weekly plan too. In this case, you would make 26...
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Posted on 02/22/2021
Remodeling with a Larger Budget: Enlarging Your Kitchen
Image by ElasticComputeFarm from Pixabay Your house is perfect except for one thing: The kitchen is not even close to being large enough. Those who love to entertain and cook will probably agree that even a 15-foot wide by 20-foot long kitchen isn’t large enough, especially if you don’t have an open floor plan. Once you decide how...
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Posted on 02/15/2021
Are You Ready to Hire a Home Appraiser?
A home appraisal is paramount for a house seller. If a seller enters the real estate market with an appraisal report in hand, he or she can use the report's property valuation to determine the optimal price for a residence. Then, this individual can set an aggressive price for his or her house from day one of the home...
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Posted on 02/08/2021
Moderate Clutter Could Be Beneficial
Photo by Zhanzat Mamytova via Pexels Many of today's fashionable life coaches tell us that cluttered environments mess with our sense of peace and calm, our focus, and our productivity. Plenty of gurus and television hosts urge us to declutter our desks and homes. And overall, they're right. Research does support the concept that a having a tidy...
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Posted on 03/09/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 now has a new price of $249,000!
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 03/08/2021
Video Tour - 543 & 543 1/2 Bailey Road, Asheville, NC 28806
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 03/04/2021
Video Tour - 543 & 543 1/2 Bailey Road, Asheville, NC 28806
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 02/26/2021
Another Property Sold - 22 Summit Drive, Arden, NC 28704
Ideally located in Arden. This cozy rancher offers numerous updates including a new roof and natural gas furnace. Home features beautiful hardwood floors, spacious living room, dining room and a large deck overlooking a level backyard. Carport with small storage...
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Posted on 02/24/2021
543 & 543 1/2 Bailey Road, Asheville, NC 28806 is now new to the market!
Investment opportunity in West Asheville. Two units on .48 acres with potential for $2,000/month gross income. All appliances included with both units, including washers and dryers. Three bedroom home roof is 2 years old and 2 bedroom home has 5 year old roof. Tenants in place with month to month lease. County taxes and just outside of the city for guaranteed rental occupancy. One of the few multi family income producing properties left so close to...
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Posted on 02/11/2021
Another Property Sold - 20 Indian Lane, Weaverville, NC 28787
Lovely one-level, brick ranch home, situated on approximately 1 acre in a country setting . Enjoy the tasteful updates in this 3 bedroom, 2 bathroom home. Cozy up by the wood burning fireplace in the living area, enjoy cooking in your spacious full kitchen, and step out onto your back deck to enjoy the mountain views. The formal dining room can be used as any flex space needed. The full unfinished basement has workshop space and potential for more! The shed and electric fence in the backyard conveys. Conveniently located less than 5 miles to downtown Weaverville, and only 15 minutes to Asheville. CALLING FOR HIGHEST AND BEST OFFERS BY 6PM...
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