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.
Home Security Spotlight: Protecting Your Home from a Break-In
Spring Break in Oxford is a great time for families with school age children to get away, for college students to travel or visit home, and for locals to enjoy a quiet, slow paced Oxford. Unfortunately, it is also prime time for home break-ins. Thieves know that many people in our small town are taking advantage of the time off school and that there will be a lot of empty homes in the Oxford area.
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).
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?
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.
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).
Season’s Greetings!
Tis the Season to be Joyful! We hope you all have a very Merry Christmas and a Happy Holiday Season!
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.
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.
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.
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.
Neighborhood Realty’s 4th Annual Halloween Decorating Contest
Oxford and Lafayette county neighborhoods are looking pretty spooky! We are proud to announce our 4th Annual Halloween Decorating Contest WINNERS! 1st place goes to 328 Ridgewood Manor Drive in the Ridgewood Manor Estates neighborhood!
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.
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.
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.
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!
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.
How to Declutter Before Moving
About to move into a new home? There is definitely one thing you MUST do: Declutter BEFORE moving. There is no better excuse to get rid of dead weight than an upcoming move. Check out this realtor.com article for tips.
Back to School!
Local public K-12 schools start back today! Parents, (some) children & teens and the Oxford-Lafayette community are excited to get back to a more routine schedule. We thought we’d share a bit about our two largest public school systems in the Oxford-Lafayette community.
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.