What Does MLK, Jr. Have To Do With Real Estate?

The following was from a free swipe file offered by Mike to subscribers of Lighter Side of Real Estate e-letter. He wrote it and I’m passing it along for you to read, this time as a letter to you from me. Thanks for the freedom to swipe it, Mike. Happy MLK Day.

So what does Martin Luther King, Jr. have to do with real estate?

“I have a _________…

I’m about 100% sure I can guess what word you chose.

Was it “dream”?

Good chance it was. We all know this line from Martin Luther King, Jr.’s famous speech. So when we hear those first three words, it sort of naturally comes to mind.

But what many people aren’t aware of is how much he affected the lives of real estate agents, buyers, and sellers.

It was his death that gave Congress the last push needed to pass the Fair Housing Act, back in 1968. It’s pretty involved, so I won’t get into it all here, but to put it simply…

Equal Housing Logo

This was put in place to ban racial discrimination in housing. You can’t be refused the rental or purchase of a house, based upon your race.

Seems simple enough to most people now. A given, if you will. But it didn’t happen overnight. And believe it or not, it still can and does come up.

But guess who’s a big part of making sure this Act is followed…

On the front lines, it is people like me. Real estate agents. We’re tasked with making people aware that discrimination based upon race (and many other things) are not acceptable, and we must refuse to work with anyone who wants to do so.

And I am proud to be a part of this ongoing history.

Just figured I’d take this appropriate moment to pay him some respect, and to give you some insight into how much more responsibility a real estate agent has than meets the eye.

That’s all for now…

…and may your dreams come true.

Eileen Saunders, SRES REALTOR with Tommy Morgan Realtors BOF-Oxford 2092 Old Taylor Road #101, Oxford, MS 38655  662-404-0816/662-234-5344 eileen@tmhomes.com

 

Reasons People Sell Their Homes

People have many reasons for selling the home or investment property that they own. Often, buyers or other agents will ask, “why are the homeowners selling?” Unless the sellers want people to know their reason, this is confidential information.

Sometimes this question can be interpreted as “what’s wrong with the house?” Generally, if there are any issues with the house or land, it will be stated on the property disclosure statement. This disclosure answers all the questions the particular state’s laws require to be disclosed including (but not limited to), any past water damage, structural damage from natural disasters or termites, mold, lead paint, and age of roof and appliances. Many states do not require disclosure of rumored hauntings or previous death, but some do.

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If a buyer really needs to know these non-disclosure issues, they can research it themselves. Crime reports are available online or by calling the local police department. Paranormal activity and previous death in the house can be found in old newspapers or by other means of research.  Other non-disclosed items can be personal issues, for example, a dispute with a neighbor that makes it uncomfortable for the seller to stay in that neighborhood. The property might be near a commercial development and the seller no longer wants to deal with the heavy traffic it brings. A buyer might want it for the convenience.

If the planned development hasn’t started yet, you should know all you can about the plans. Ask your agent for information available about approved future plans that might affect your purchase.a-buy-me-a-coffee-987096_1920

Frankly, there are so many reasons to sell property that, unless it’s a required disclosed issue, it really shouldn’t be a concern to anyone. Often, the reason is a confidential one and it is their real estate agent’s job to sell the house, not gossip about the seller and their problems.

Here is a small list of possible reasons a seller is selling. There are plenty more, but this should give you, as a buyer, pause for thought that it really does not matter. If the house is desirable and you feel good about it, then you have a great reason to purchase it.

  • Downsizing
  • Retiring in another town/state/country
  • Job transfer
  • Need to put kids in a different school district (maybe for sports or arts program)
  • Need a larger house
  • Neighbors entertain often and are noisy
  • Neighbor children play musical instruments the seller can hear
  • Want a property to put in a pool
  • Wants a new house/new construction
  • Wants a one-level rather than a two-level house
  • Moving to assisted living
  • Moving in with family
  • Building the dream home
  • Death
  • Inherited land the recipient does not want
  • Long-held investment, time to sell
  • Illness
  • College children graduated and no longer need the condo
  • Rental property too much trouble to maintain
  • Divorce
  • Personal dispute with neighbor
  • Wants to move to a neighborhood without HOA restrictions
  • Wants a neighborhood with deed restrictions
  • Moving to the country
  • Moving closer to town
  • Land nearby is being developed and want to be away from the higher traffic it will bring

You can probably come up with more reasons to sell and move. If you are buying a house or land, you have your own reasons for doing so.  You are about to make one of the biggest purchases of your life, focus on what is great about it and how it fits into your life. Be thankful that property is available for you.

Mark Twain once said, “By land, they aren’t making it anymore.” If the opportunity for land or for the house on the land comes along and you want it, do your due diligence and then go for it if it fits your needs.

Eileen Saunders, SRES REALTOR with Tommy Morgan Realtors BOF-Oxford 2092 Old Taylor Road #101, Oxford, MS 38655  662-404-0816/662-234-5344 eileen@tmhomes.com

 

IF YOU BOUGHT A HOUSE IN 2019, FILE FOR HOMESTEAD EXEMPTION NOW

It is that time of year in Mississippi to file for homestead tax exemption. If you purchased a house in Mississippi during 2019, and it is your primary residence, you are eligible to file.

Call the county tax office if you have any questions. Details are below. Don’t wait and miss out on this benefit.

Homestead Reminder.jpeg

Eileen Saunders, SRES REALTOR, Tommy Morgan BOF-Oxford, 2092 Old Taylor Road #101, Oxford, MS 38655 662-404-0816 (m) or 662-234-5344 (o) Equal Housing

Oxford: A Retirement Community

Recently Oxford MS was featured in Where To Retire magazine.

Oxford is a great community for retirees. It offers a lot to do for retirement-aged residents. The University of Mississippi is a social connection for many retired alumni as well as for those retired residents who have no college connection here. Football, baseball, basketball and other sports and keep a fan busy year round.

There are plenty of classes for a retired person to participate that both the city of Oxford, private organizations and the university offer. Exercise classes, art classes, special interest classes are just a few.

Activities such as the Oxford Civic Chorus, volunteering opportunities, Newcomers Club, Thacker Mountain Radio and the monthly art crawl can fill up a calender quickly.

The weather, choice of restaurants, availability of doctors in Oxford, quality golf courses, low taxes and abundance of theatre productions also help to make Oxford MS the place retirees want to live in.

Many people have read headlines or accolades about the article in the January issue of Where To Retire but I suggest you get a copy of the magazine and read the original article. The writer visited Oxford several months ago, met with several retired residents for their view, toured the city, ate in the restaurants, stayed in a local hotel and visited places in Oxford that are special to the town.

I was asked to spend a few hours with both the writer and a representative from Visit Oxford. I gave them a real estate tour of the town and answered a lot of questions relating to how the city meets or can meet the needs of retirees.  My background and training as a Senior’s Real Estate Specialist (a designation earned through the National Association of Realtors) enables me to help the 50+ population with their special housing needs. These include downsizing, selling the family home, second home sales, aging in place, home design trends, multigenerational living and emotions involved in moving the aging population.  I work hard to stay on top of these issues so I can help buyers who want to retire in Oxford or move to a more aging-friendly home.

SRES 2011

I encourage you to look into the neighborhoods that were noted in the article and investigate others. Read what featured residents say about the town and why it became their new home town. Research the cost of living, crime rate, services and activities for active retiree living and for the elderly who may need any level of  assistance (in home help, transportation, personal shoppers, etc).

Oxford often finds itself on a “top” list and that says a lot for why the city is loved so much, but by reading the original articles about why Oxford is at the top of a list, you can learn more. This goes for any town or city that you may live in or want to live in.  Wouldn’t you want to know why it made the list?

As a real estate professional, I appreciate learning what people find interesting so I can pass that information along to the next person seeking an Oxford home for their retirement years or for a second home until they retire. Business owners and other professionals in town could use that information to not only stay above the competition, but to spot the trends that can help improve their business and better serve the population.

Where to Retire magazine has no online presence. It is available in a few stores around Oxford. Enjoy the article. I’m here to help if you want to search for your Oxford retirement house.

Eileen Saunders, SRES REALTOR, Tommy Morgan BOF-Oxford, 2092 Old Taylor Road #101, Oxford, MS 38655 662-404-0816 (m) or 662-234-5344 (o) Equal Housing

 

Things To Do In Oxford 2020

The new year will bring loads of excitment.

2020: a new year, a new decade, new trends and new things to do.

Here’s my quarterly list of 100 things to do in Oxford MS Winter_Spring 2020 that you can print out or download to your phone for easy access. This Winter/Spring 2020 list includes the annual and the usual events along with some new things to try. Oxford is always welcoming new businesses within its borders to try out. These include destination types like escape rooms and axe throwing. There are new food spots serving cheese cake, Italian food and  new local food pop-ups. And, you can always find new fundraisers, art shows and exercise events to participate in.

This list of mine gives you a great idea of how to squash boredom or just gain a new favorite thing to do. Enjoy!

(c) 2019-2020 All Rights Reserved
Eileen Saunders, SRES REALTOR, Tommy Morgan BOF-Oxford, 2092 Old Taylor Road #101, Oxford, MS 38655 662-404-0816 (m) or 662-234-5344 (o) Equal Housing

For Sale: 4585 CR 216, Oakland MS

4585 CR 216, Oakland, MS is FOR SALE

WELCOME TO YOUR NEW HOME

LIVING

Back when Lincoln was President a log cabin stood on this property.  There were two large rooms separated by a dog trot. One side for living, the other side for sleeping. A wooden staircase rose from the bedroom to an upstairs attic.

The log house still stands in its original location, but you wouldn’t know it unless you looked inside this gorgeous, southern-style, executive house.

IMG_2791-HDRThe current house was built around the original log home, anchoring it with the spacious, original bedroom and updated with a home office separated by the dog trot, now serving as a parlor.  On either end of the parlor sit large, covered porches to relax on and watch the native wildlife: deer.

The original staircase still winds upstairs but now, with the roof raised, two more bedrooms, and living areas take the place of the smaller attic.  There is a larger, grander staircase to get you back downstairs and into the main foyer. To the back of the house is an expansive living room accented with floor to ceiling windows and doors to let in natural light and provide beautiful views of the property. A fireplace and built in cabinetry make the room complete.

IMG_2773-HDRThe house features a large formal dining room, a gourmet kitchen and casual dining area with island-counter seating, and peninsula-counter seating. Must-see counters include pale green granite and custom glass-tile to match. Large floor-to-ceiling windows bring in sunlight and natural views. The kitchen is highlighted by a Butler’s Pantry and loads of custom cabinetry for storage.

IMG_2743-HDRThe Master Suite takes over one end of the newer house making this a 4-bedroom house. With a private covered balcony shaded by trees, there is also access to a sunroom which separates the master bedroom from the casual dining space. Along the back of the house is a multi-tiered deck for entertaining or just relaxing.

DSCN9694 (2)There are several additional buildings and features on the property, including an in-ground smoker, storm shelter, greenhouse and cellar only accessible from the exterior of the house.

HUNTING

Did I mention hunting?

This 7050 square foot house is surrounded by prime hunting opportunities. In fact, there is a current hunting lease on the property which can be transferred to the new owner or not.  An abundance of deer and wild turkey roam the property.

Not only can 4585 CR 216 be someone’s home, but it could also be a hunting lodge, or an event venue with B&B potential; concerts, weddings, corporate getaways, sportsman retreats are just a few ideas.  There is ample room under the roof to add rooms upstairs as the house was designed and built with that potential in mind.

TIMBER AND FARMING

The property has a significant timber value and the two main parcels are separated by USA land and not connected so it can be used for multiple purposes including timber harvesting and developing.

Most of the acreage surrounds the house, including cleared farmland. The additional property is accessible from a nearby highway. The cleared farmland has income producing potential.

The house is minutes from Enid Lake boat ramp, and about 30 minutes to Oxford, MS and Ole Miss. Oakland is along I-55 so there is easy access to the Memphis airport. And, nearby to the west is the Blues Trail, Grammy Museum and other historic music venues in the Delta that tourists flock to every year from all over the world.

There is a lot more to tell you about, but you really need to come visit. Call your agent or me, for an appointment. Serious buyers only, please.

For more information view this aerial video and the virtual tour that follows. I look forward to hearing from you. Video:  http://bit.ly/2mmw1XR  Virtual Tour: http://bit.ly/30jDuGl

Eileen Saunders, SRES REALTOR, Tommy Morgan BOF-Oxford, 2092 Old Taylor Road #101, Oxford, MS 38655 662-404-0816 (m) or 662-234-5344 (o) Equal Housing

 

100 Things To Do in Oxford MS Fall 2019

It’s here!

While fall is officially over a month away, the season is upon us. School in Oxford starts next week. The University, whose classes start the end of August, is ushering in to town  new students attending last-minute orientations, athletes, faculty, and sorority members planning Rush activities. Parents are closing on houses and condos purchased for their child-student to live in for the next few years. Halloween candy has appeared in most grocery stores.

So, to get into the spirt of autumn events and activities, I put together my  list of 100 Things to do Oxford, MS a little earlier this year. The fall issue is available around town and, of course, as a download here:

 100 Things To Do InOxford, MS Fall 2019.

Print it out, carry it around and check off what you have done. Keep a copy on your phone for quick and easy access. Anyway you choose to carry it around this season, enjoy your time in Oxford.

There are many more things to do and more, last-minute activities and events will be added. You can check here for updates or watch for events posted to Facebook in your newsfeed. Follow @OxfordMsLife or me, @eileensaundersrealestate 

 

Enjoy your time in Oxford, MS this fall.

Eileen Saunders, REALTOR, SRES  Tommy Morgan, Inc. BOF-O, 2092 Old Taylor Rd, Oxford MS 38655  662-404-0816 | 662-234-5344  eileen@tmhomes.com  Equal Housing

If You Bought A House in 2018, File for Homestead Exemption Now

In Mississippi, homeowners who purchased a house can file for Homestead Exemption between Jan-Apr 1 of the following year. So if you bought your house last year and currently live in it, you can file and should file for this tax exemption benefit. But don’t delay; if you miss the April 1 deadline you  must wait until next January to file.

Non-exempt taxes are higher taxes. You may have city and county taxes and it makes sense to file for the exemption.

Here are the rules and what you need to file for exemption, below. Click here for a printable version. When you are ready head to your local tax office for filing homestead exemption.

HOMESTEAD EXEMPTION

Homestead must be filed between January 1 and April 1 to take effect. The home owner must occupy the property as a primary residence for the exemption to apply.

Filing a New Homestead

When filing a new homestead, you must have the following information:

  1. Copy of your recorded warranty deed
  2. Social security numbers of both husband & wife
  3. Purchase price of your house & land
  4. Tag numbers of all vehicles in your possession

Special Exemption

If you became 65 or were declared 100% disabled on or before January 1, you need to file for the special exemption.

  • 65 or Older
    • Know your date of birth
    • Tag numbers on all vehicles in your possession
  • 100% Disability
    • Social security awards letter stating your disability & the date you were declared disable or
    • Two detailed letters from two different doctors stating your disability and the date.
    • Tag numbers of all vehicles in your possession

Eileen Saunders, SRES, REALTOR,  Tommy Morgan Realtors BOF, 2092 Old Taylor Rd, Oxford MS 38655  662-404-0816 | 662-234-5344  eileen@tmhomes.com  Equal Housing

Things To Do in Oxford MS Winter/Spring 2019

100 things to do WS 2019There are many things to do in Oxford, MS for both residents and visitors, but not everyone considers what these are. The highly visited tourist spots are well advertised but there are plenty of other things to do; lots of them…100+ to be exact that anyone can do.

With activities for kids to classes for seniors, my published list of 100+ things to do is once again available.  The Winter/Spring edition of 100 things to do in Oxford MS is available here for printing or viewing.  Download to your phone for an on-the-go list when you find yourself asking, ” what is there to do today?”

Things To Do In Oxford, MS Jan-Mar 2019When you visit some locations or participate in activities, add a photo to your Instagram account with hashtag #100thingsoxford.

Here’s a of short list of scheduled events for January through March but be sure to check out the larger list for all 100 things to do.

Have fun!

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