Tag : loan-to-value

9 years ago 0

We closed on the sale of another awesome renovation.  You know you’ve done a good job when you find a buyer after only five days on the market.  This was one of those houses you fall in love with during the renovation so we definitely wanted to find buyers who would really appreciate the house.  Luckily, we did and they were nice enough to do a testimonial video for us.  Check it out and then watch the video walkthrough and you’ll know exactly why they bought the house.




9 years, 5 months ago 0

Check out the quick video to see another quality renovation by Lucky A Properties.  This was mostly a cosmetic rehab and the property at 3078 Altruria is now for sale.


10 years, 4 months ago 0
Posted in: News

Ten real estate articles of interest for the week of 2/8/10 – 2/14/10.

1. No More Seller Financing? – HUD is attempting to institute some rules that may prohibit investors from selling property they own and offering seller financing or LLCs and corporations from offering seller financing without licensing.

2. Where’s Housing Headed?  Follow Rents – Awesome article that describes the relationship between rent and the value of homes with some interesting statistics.

3. Stabilizing Home Sales Hit Bump in January – After several months of good reports, sales in the Memphis area were frozen under all the snow we got.

4. Citi Offers Alternative to Foreclosure – “This is a deed in lieu on steroids.”  Citi will test it in six states.  Tennessee is not included in the test.  This is not a program to help you keep your home but is designed to help the lender take back the home in a less painful way than a foreclosure.  I don’t know if it will be successful but it is good to see new ideas.

5. Survey: Jobs, Housing are Biggest Local Concerns – Though housing is the #2 concern in Memphis as well as nationally, it seems we are much more concerned about it than the rest of the country.

6. Tennessee Foreclosure Rate Ranks #26 – It’s a short article with an interesting prediction of where foreclosures might be headed over the next few months.

7. Small Grocery & Deli Looking to Locate Downtown – I grew up only minutes away from food, groceries & shopping.  This is the type of stuff that is missing downtown, in my opinion.

8. UT Predicts Two More Years of Unemployment Above 10% – Economists have been wrong before.  Lets hope they are wrong on this.  Some good info at the end of this article.

9. Fuss Scares Off Overton Square Grocery – I am still blown away that all the parties involved in this fiasco cannot compromise so that everyone benefits. 

10. Memphis Area Property Transfers – 2/14/10 – Real estate transfers of $100,000 or more as shown in the records of the Shelby County Register’s Office.

Happy Valentine’s Day from Lucky A Properties!

10 years, 9 months ago 0
Posted in: General

We recently gave a presentation about the Top 10 Questions for New Real Estate Investors.  We’ve taken a few snippets and created some short informational videos.  Check them all out here: http://www.youtube.com/user/LuckyAProperties#play/uploads

Here is a sample:


10 years, 10 months ago 0
The Allison Ave. rehab is complete. Check it out and contact us regarding adding this great property to your investment portfolio!

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10 years, 10 months ago 0
Posted in: General

Fall Southern Home & Garden Show

Stop by our booth this weekend at the Southern Home & Garden show at the Agricenter on Germantown Rd.  Show hours are 9-6 on Saturday and 11-6 on Sunday.  Also, Mark will be speaking about real estate investing on the main stage Sunday from 2:30 to 3:00.  Don’t miss it!

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10 years, 12 months ago 0