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Posts from February 2020

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February
4

Memphis, TN:  Crye-Leike Real Estate Services has recently received the 2019 Large Business of the Year award from the Germantown Area Chamber of Commerce. The company was honored at the Chamber's annual ceremony, with Crye-Leike's President of Residential Sales Steve Brown in attendance to accept the award.

The Germantown Area Chamber of Commerce has strict guidelines for what constitutes receiving this award, including local ownership, community involvements, philanthropy, number of employees, etc. Crye-Leike was able to meet the criteria and is proud to be  a top contributor to the Germantown community.

"Being a good neighbor is part of our philosophy and core values," said Brown. "Winning an award like this is quite an honor."

Crye-Leike has two branch offices in Germant...

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February
3

If you are a first-time homebuyer, real estate jargon can be overwhelming. New terms are constantly being thrown around by agents, banks and other parties involved in the process. It is important to have an understanding of real estate terminology to ensure that you are remaining informed and making the best decisions possible. You should always feel comfortable enough with your real estate agent to ask them to clarify any terms for you. Here are 10 terms that will be helpful to know before entering the home-buying process.

Appraisal - The valuation of property based on the estimate of an authorized person (Appraiser). Banks typically require an appraisal of a property before issuing a loan.

Closing Costs - A variety of fees and expenses associated with the closing of a real estate transaction. These cou...

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