Featured Listing- 44 Southpointe

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Southpointe Commons Townhomes is a great subdivision just South of Oxford.  One of the most attractive parts about the units out here is the great $/square feet.  Lot 44 is 1,544 sq. ft and is listed at only $118,900, that is only $77/sq.ft.  This unit includes other great amenities such as a gas-fireplace in the living area that has hard-wood flooring.  To check out this unit, or other properties around town create an account for FREE here at OxfordMississippiCondos.com

Using a Real Estate Agent to Sell Your House

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Selling your home can be a long and complicated practice if you take on the task by yourself.  Using a professional Realtor can drastically improve a homeowner's chance of getting what they want for their property.  Here are a few resources we have to offer homeowners:

MLS:  The Multiple Listing Service is a database that other buyers and Realtors can access to more easily find a listing.  

Industry Connections & Additional Exposure:  A good agent will use his/her resources outside the firm to get your property extra exposure.  Whether it be on a the agent's website or in a magazine, a professional will almost always have outside resources to promote your property.

Emotional Objectivity:  A professional Real Estate Agent can assess an offer more objectively than the homeowner, since the agent does not have any emotional ties to the house.

Pre-Screened Buyers:  An agent can also screen prospective buyers to make sure they are pre-approved for a loan.  This simple capability can save you, the homeowner, valuable time.

For more reasons to use a Professional to help get your house sold check out my website OxfordMississippiCondos.com

Oxford, MS Homes

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The transition from renting to owning is a big step for anyone deciding to make the leap. One of the few key benefits home-ownership offers is tax deductions on a mortgage interest payments as well as Homestead-tax-exemption.  With these tax savings you can often realize a greater return than if you were renting.  According to the Lafayette County Tax Assessor :

Homestead Exemption is available, upon request, to homeowners who reside and pay all local and state taxes in the taxing district. 
There are two types of Homestead Exemptions available: Regular - allows up to $300.00 credit on a home with a $75,000 or more appraised value.Special - is for residents who are 65 years of age before January 1 of each year or who are 100% disabled. This exempts up to $75,000 of the appraised value.

Edinburgh Place Condos in Oxford MS

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The Edinburgh Place Condos are extremely well located for those looking to be close to the Ole Miss Campus.  This subdivision is located just 0.4 miles from the campus and is an easy walk to any part of the school.  Not only is it close to campus, it is also close to many great restaurants, Wal-mart, and has great access to Hwy. 6 with the new light on Jackson Avenue.  Edinburgh Place is a private neighborhood with a gated entrance and a very nice pool area for all residents to enjoy.  These are all 2 bdrm/ 2.5baths units with the half bath on the main level for guests to use.  Check out my website, OxfordMississippiCondos.com  for more info. on Oxford, MS Condo news and updates.

Help for House Flippers

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In an effort to get as many foreclosures off the market, the FHA has lifted some restrictions on investors who wish to "flip" a house. Now private companies that assess and purchase foreclosures  are encouraged to buy more foreclosed properties and sell them to buyers using an FHA loan.  Of course some rules apply, a house cannot be flipped for more than a 20% profit and this exemption only lasts a year.  This is a great opportunity if you have an interest in getting into house flipping.

Oxford, MS Condo Report for Jan. '10

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For all thoe interested in the Oxford, MS Real Estate market such a myself, feel free to check out my website Oxfordmississippicondos.com to see what the market has been up to lately.  You can sign up for free detailed reports that will be emailed to you monthly (or more often if you'd like).