Margaret Neely Margaret Neely

Joy vs. Resale: The Best Home Improvement Projects for Both

When it comes to home improvement, not all projects are created equal—some upgrades fill your heart, while others fill your wallet. Whether you're planning to stay put or prepping your home to sell, it's important to know which renovations bring the most personal satisfaction and which ones provide the best bang for your buck.

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Margaret Neely Margaret Neely

Should You Build a Pool? Pros and Cons for Property Value

It is HOT 🥵 in Oxford! Adding a pool to your backyard is an enticing idea, especially when the summer heat beckons for refreshing swims and outdoor gatherings. While the appeal of a private pool is undeniable, the decision carries significant financial and practical implications—particularly when considering its impact on property value.

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Margaret Neely Margaret Neely

June is National Homeownership Month

June is National Homeownership Month—a time to recognize the value of owning a home and the role it plays in building strong communities and personal stability. Whether you’re a first-time buyer or looking to make your next move, this month is a reminder that homeownership is not just a financial investment, but an investment in your future.

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Margaret Neely Margaret Neely

Buying Your First Home: What to Expect and Where to Start

Buying your first home is a significant milestone. If you're new to the process of purchasing real estate, you may not be familiar with everything involved. Fortunately, two key professionals can help you get started on the right track—your realtor and your lender. Whether you connect with your realtor first or your lender, these experts will work together to help you find the perfect home within your budget.

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Margaret Neely Margaret Neely

April is Fair Housing Month

Fair Housing month brings awareness to the increased efforts to end housing discrimination and raises awareness of fair housing rights.

Fair Housing month is celebrated in April of each year in honor of the Title VIII of the Civil Rights Act of 1968, or the Fair Housing Act. The Fair Housing Act (FHA) was passed in the wake of the assassination of Dr. Martin Luther King, Jr. Dr. King's roots in fair housing can be traced back to the Chicago Freedom Movement.

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Brooke Worthy Brooke Worthy

Homestead Exemption – Why File?

Homestead Exemption gives home owners a tax break in the state of Mississippi. You can only file homestead on one property, your main residence, and you must file January 2-April 1 in the Lafayette county Chancery building (the Assessor/Tax Collector’s Office).

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Margaret Neely Margaret Neely

Protect Yourself from Rental Scams

Rentals play an important role in our lives, whether for a primary residence or a weekend getaway. Unfortunately, scammers have developed numerous ways to exploit those searching for rental properties. So, how can you protect yourself from falling victim to these scams?

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Margaret Neely Margaret Neely

Assessed Value vs Market Value: What’s the Difference?

The start of a new year often means property taxes are due for homeowners. But how do cities and counties determine your taxes? Property taxes are based on the tax assessed value of your property—not what you paid for it or what you could sell it for. Typically, the tax assessed value is lower (sometimes significantly) than the market value of your home. Let’s explore the difference.

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Brooke Worthy Brooke Worthy

Homestead Exemption – Why File?

Homestead Exemption gives home owners a tax break in the state of Mississippi. You can only file homestead on one property, your main residence, and you must file January 2-April 1 in the Lafayette county Chancery building (the Assessor/Tax Collector’s Office).

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Brooke Worthy Brooke Worthy

Season’s Greetings!

Tis the Season to be Joyful! We hope you all have a very Merry Christmas and a Happy Holiday Season!

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Brooke Worthy Brooke Worthy

Holidays in Oxford 2024

From Holly Jolly Holidays to Visits with Santa to Ole Miss Holiday concerts to YAC's Annual Ornament Auction, you are sure to find plenty to do in Oxford during the Holiday season! Neighborhood Realty is happy to provide a list of what's going on this Holiday Season in the Oxford area.

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Brooke Worthy Brooke Worthy

What is a 1031 Exchange?

Real estate investors know the term 1031 exchange very well, but those new to purchasing real estate investment properties often have questions. Check out this realtor.com article that breaks down exactly what a 1031 exchange is and how it’s helpful for investors.

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Brooke Worthy Brooke Worthy

Holly Jolly Holidays 2024

The 5th annual Holly Jolly Holidays is making its return to Oxford this winter, capturing the spirit of the season with festive experiences that include visits with Santa, ice skating and a newly launched Walk of Lights. mTrade Park will be the new venue! To kick off the festivities, Visit Oxford is bringing the updated ice-skating rink back for an extended time from November 23, 2024, through January 5, 2025.

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Brooke Worthy Brooke Worthy

November is National Gratitude Month

National Gratitude Month is November. Research states that people who practice gratitude every day are not only happier but also healthier. So if you were looking for reasons to be thankful during this Thanksgiving season, then these benefits should be just the motivation you need.

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Brooke Worthy Brooke Worthy

Real Estate Commissions: How Much are Agent Fees?

Real Estate agents usually get paid when a deal fully goes through and makes it to the closing table, rather than getting paid hourly or weekly. So, how much do you pay your Realtor and are these fees negotiable? Let’s take a look at this realtor.com article to help answer these questions.

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Brooke Worthy Brooke Worthy

Who Pays the Real Estate Commissions and Closing Costs?

A recent settlement by the National Association of Realtors (NAR) that went into effect on Aug. 17, 2024, has led to changes related to broker commissions. This settlement includes changes to how real estate commissions are disclosed and negotiated, aiming to increase transparency and fairness for homebuyers and sellers. Let’s look at this realtor.com article to explain who pays what in a real estate transaction.

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Brooke Worthy Brooke Worthy

Let Us MANAGE Your Property!

Let us MANAGE your property! We specialize in 3 month, 6 month and 12 month rentals. Contact Meredith Killens, our property manager, today to learn more and EXPERIENCE the Neighborhood Realty difference.

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Brooke Worthy Brooke Worthy

What is a Buyer’s Agent?

Looking to buy a home? Prepare for a ton of paperwork, stampedes of buyers competing for the same home, and other challenges before you get your hands on those house keys. Having an agent dedicated to YOUR interests can make all the difference! We even have TWO of our agents, Margaret Neely & Brooke Worthy, who have received the special certification, Accredited Buyers Representative (ABR). Let’s learn more about what a buyer’s agent can do for you!

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Brooke Worthy Brooke Worthy

What Is a Realtor?

Realtor, real estate agent, salesperson, broker – there are many names and although there is a lot of overlap in the responsibilities of these roles, there are significant differences. And how do you choose the right Realtor for you? Thanks to this realtor.com article, we can help explain the differences and give you a list of questions you should consider when “shopping around” for your perfect Realtor!

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