Knoxville, Tennessee
Relocation Package
A Personal Real Estate Service Courtesy of...
The Marsha Sneed Team
RE/MAXPreferred Properties
117 Center Park Drive
Knoxville, TN 37922
Office: 865.694.8100 Fax: 865.531.6377
Toll-Free: 1.866.769.8100
E-mail: marsha@marshasneed.com
Web-site: www.marshasneed.com
When a move is planned, often there are so many details and so little time! How would you like to have an entire team of experts working on your behalf? A Team devoted to making sure that what you wanted or needed to know was available just for the asking!
The Marsha Sneed Team is just who the doctored ordered! We stand ready to assure that your move is as effortless and enjoyable as possible.
We hope you find the following information about Knoxville, Tennessee interesting and helpful to your relocation plans.
Please feel free to contact The Marsha Sneed Team at anytime to request additional information or for clarification.
Look forward to hearing from you!
Marsha
The Marsha Sneed Team
“Working together for the ultimate result…
your satisfaction and trust.”
General Facts About The Area...
Knoxville Ranked Best Place to Live
The metropolitan Knoxville area was recently ranked the"best place to live in the United States and Canada"among cities with a population of fewer than 1 million. The ranking came from the Millennium edition of "Places Rated Almanac" published by IDG Books Worldwide. The results confirmed what most in this area have known for a long time - Knoxville is the best small city in the country!
The study analyzed 354 metropolitan areas for living costs, transportation, job outlook, education, climate, crime, the arts, health care and recreation to determine the rankings. The Knoxville area was ranked above the 80th percentile in the areas of cost of living, job opportunity, education, health care and recreation. Knoxville's overall ranking was a score of 72.74, only 2 points behind Denver and one point behind Cincinnati. Knoxville is ranked for each category as follows:
· Cost of Living - 88.11 percentile
· Transportation - 69.97 percentile
· Jobs - 88.38 percentile
· Education - 81.58 percentile
· Climate - 57.5 percentile
· Crime - 30.32 percentile
· Arts - 66.01 percentile
· Health Care - 86.68 percentile
· Recreation - 86.11 percentile
The ranking encompasses the Knoxville metropolitan area, which includes Anderson, Knox, Blount, Loudon, Sevier and Union counties. The Knoxville MSA was ranked thirteenth overall, with all 12 areas ranked above it having a population of 1 million and above. Raleigh-Durham-Chapel Hill was the only other city in the southeast ranked above Knoxville.
For more information about the"Places Rated Almanac"go to www.idgbooks.com or visit an area bookstore.
Alex Haley, Pulitzer Prize winning author of “roots”, put it this way: “I’m proud I built a home in Tennessee. Knoxville you deserves congratulations. You’re number One.”
Knoxville, Tennessee
Facts & History
Situated only a short distance from the Great Smoky Mountains National Park and surrounded by five of the “Great Lakes of the South”, Knoxville is fast gaining the reputation of being the playground of Eastern America. Over 9,173,600 visitors to the Smokies annually see the wonders of some of the oldest and most beautiful mountains on earth. Equally as popular are the inland waterways where fresh-water fishing, boating and swimming have assumed fabulous proportions. Truly, then, Knoxville is the metropolitan hub of East Tennessee’s famous tourist attractions.
Geographically, Knoxville is located almost in the exact center of that portion of the United Sates lying east of the Mississippi River and South of The Great Lakes. From an economic point of view, this strategic location combined with a favorable climate, rich natural resources and industrious people, has Knoxville one of the leading trade and manufacturing centers of the South , and is making it a major convention site.
HISTORY
Knoxville, named in honor of General Henry Knox, Secretary of War in President Washington’s Cabinet, was founded by General James White, who built the first house on the city’s present site about 1790. William Blount of North Carolina was appointed Governor of “The Territory of the United States South of the River Ohio”. The governmental seat of that territory was Knoxville, and in 1792 thefirst frame house west of the Alleghenies was built for the Governor and his family. Blount Mansion still stands and is among Knoxville’s oldest. In 1796, when the“The Territory of the United States South of the River Ohio” became the State of Tennessee, Knoxville, the capitol of the Territory, became the first capitol of Tennessee and remained so until 1812.
John Sevier of Knoxville was the first Governor of Tennessee, serving six terms in all. The city was again the capitol in 1817-1818. The first official census in 1850 showed a total population of 2,076.
The War between the States found Knoxville first under domination of Confederates, but the sympathies of the inhabitants were divided. One of the major battles in the Knoxville area occurred on November 29, 1963 at Fort Sanders on the west side of town. The battle represented an important victory for the Federal forces.
Knoxville had long been considered a wholesale and jobbing center before the outbreak of the Civil War, the first wholesale house being established in 1837. At the close of the war, as transportation facilities improved, the city’s principal streets became lined with wholesale establishments.
Most Knoxvillians did not boast much about their town. They knew lots of cities were larger. A great many had taller buildings and higher tax rates. A great place to call home.
It was no surprise to most citizens to learn in 1981 that “Places Rates Almanac,” published by Rand McNally, had rated the Knoxville Metropolitan Area as the 11th best among 277 metro areas in America. Later, a State University of New York geographer, Dr. Robert M. Pierce, asked 1100 New Yorkers to list their individual preferences of factors involved in making an area a good place to live. According to the Pierce formula, Knoxville and Greensboro, N.C. , tied for first place as the “most livable cities” in America. “Inc.” magazine’s 1999 “Entrepreneurial Hot Spots” issue considers Knoxville to be one of the top 50 cities in America in which to start and grow a small business.
Knoxville seeks quality rather than bigness. On that score, Howard Baker, a Knox area native and former majority leader of the U.S. Senate, has this to say: “Greater Knoxville will never be the biggest area in the Southwest, but by taking advantage of our potential, we will be the best community for new jobs and a high quality of life.”
Besides the mild climate, rich soil and scenic beauty found by the early settlers, Greater Knoxville now has some other factors going for it.
It is the headquarters of the Tennessee Valley Authority, which is, among other things, the nation’s largest electric utility. It is less than an hour from the Great Smokey Mountains National Park, the most visited and one of the most beautiful of the country’s national parks. It has one of the greatest concentration of Ph.D.’s in the country (about 3000 at the University of Tennessee, the Tennessee Valley Authority and Department of Energy facilities at Oak Ridge). And it has the Tennessee Technology Foundation, a private non-profit corporation created to promote high-technology development, focusing on the Technology Corridor in the Oak Ridge area.
“We don't brag much here in East Tennessee, but in today’s competitive economy, we’re doing more to get our message out,” said Jack Hammontree, President of the Greater Knoxville Chamber of Commerce. “It is really true that the best place to live is also the best place to do business.”
However, there are some reasons for moving to the Knoxville area apart from low home costs, utility bills and taxes. Alex Haley put it this way: “People who visit here find a spirit born deep in the mountains, with roots rich in heritage and diversity. They see and feel that here the grass is greener. I’m proud I built a home in Tennessee. Knoxville, you deserve congratulations. You’re Number One.”
CULTURAL
A marvelous surprise is in store for newcomers to the Tennessee Valley in the depth and breadth of native artistic talent, and the opportunity to enjoy the many and varied cultural activities offered in the Knoxville area.
The Knoxville Symphony Orchestra which has grown to more than 100 musicians, conducted under the baton of a foremost conductor, is known as one of the best in the Southeast. Each year, nationally and internationally known guest artists perform at the concerts presented at the Civic Center. Season tickets are offered at very reasonable prices as are tickets for individual performances. Parking is provided in parking garages adjacent to the Civic Center.
The Knoxville Civic Opera, whose performances are offered at the Tennessee Theater brings nationally and internally known stars, like native born Mary Costa, to perform in its major productions each year. Noted directors and conductors are also invited to lend their professional talents to these events. The Appalachian Opera Company takes opera to children in regional school systems.
Touring Broadway shows with current Broadway hits, solo artists, revivals of old shows, etc., are part of the Civic Center series. Old classic films are presented at the glorious, refurbished Old Tennessee Theater. Top rock groups, country music stars, Disney’s World On Ice, Ringling Bros. Barnum & Bailey Circus, etc., appear at the Knoxville Civic Auditorium and Coliseum.
In addition, Knoxville boasts of a dozen or more amateur and professional theatrical companies. The Clarence Brown Company of the University of Tennessee is a professional repertory company producing four plays a year. Other professional companies are the Knoxville Dinner Theater, Walking Sticks Productions, Readers Theater and Play Group. The University of Tennessee has several groups and U.T. Children’s Theater presents productions annually for are schools children. A Little Theater Group open to amateur participation is the Knoxville Community Theater.
A 85 member cast stages on the the country’s most elaborate nativity pageants at the Civic Coliseum. An orchestra and chorus perform seasonal music at this event.
Move goers will enjoy presentations at over 25 theater auditoriums, many offering first line films.
The Knoxville Zoological Park is located on about 120 acres off Magnolia Avenue and has more than 1200 animals. It is one of the 71 zoos out of 470 in the U.S. and Canada accredited by the American Association of Zoological Parks and Aquariums. The animals, wherever possible, live in open and natural environments. The first African elephant to be born in captivity in the western hemisphere, Little Diamond, was born there. Other firsts include the hatching of a hingeback tortoise and the mating of two Papuan pythons.
Known for its collection of large cats, the zoo has developed a species survival plan for all Asian lions. The petting zoo is a particular favorite of the children; there one will find African pygmy goats llamas and other more common species.
The Appalachian Ballet Company, which incorporates the Maryville/Alcoa Civic Ballet, offers a broad range of programs. Each year a performance of the Nutcracker Suite is presented at the Christmas season.
What is believed to be the nation’s only children's dance ensemble, The Tennessee Children’s Dance Ensemble, presents concerts in Knoxville and cities as far away as Washington.
The New Repertory Dance Company of the University of Tennessee presents a primary performance each year at the Bijou Theater.
The Knoxville Museum of Art is a showcase for both local and borrowed collections. Grass root support is active and each year the Museum sponsors a fair at which one may buy works of art as well as crafts donated by local artists and craftmen.
Through the Arts Council, the city encourages participation in the arts with programs such as artists in the schools, display of art in public places and a registry of artists. A city-wide celebration and showcase of the arts is sponsored by the Arts Council each fall. The two week event culminates with a gigantic street fair “Saturday Nite on the Town”. In April, the city celebrates with Dogwood Arts Festival in which over 8,000 volunteers work at more that 350 events.
Knoxville is within a short drive of the Great Smoky Mountain National Park. Adjacent to the park, are located Pigeon Forge and Gatlinburg where one may find artists working their crafts of weaving, furniture construction, pottery, painting, basket weaving, quilt making, as well as numerous name brand outlet malls.
Several museums that should not be missed are the noted American Museum of Science and Energy in nearby Oak Ridge, The Students Museum with its Planetarium, Museum of Art & Science, Museum of Appalachia in nearby Norris, Technology and Culture at Chilhowee Park, Blount Mansion which was built in 1792, the Armstrong Lockett House which houses a beautiful collection of early silver work, and beautiful Speedwell Manor. This is an area where the old and new blend in beautiful union. The area is rich in native heritage and is enriched by cultural interests brought to us by adopted citizens who have come from other parts of the country and world to call Knoxville “Home”.
CULTURAL ACTIVITIES
The cultural atmosphere of Knoxville is characterized by high levels of professional achievement, excellent facilities, great variety, community support and pride in its surrounding area. The University of Tennessee is a focal point of activity;
CAROUSEL THEATER (U.T. Campus) Presents theatre in the round offering musicals, comedy, drama and dance by professional and university players.
CLARENCE BROWN THEATRE (U.T. Campus) is a professional repertory company in residence on the campus. The facility houses a large stage for the Clarence Brown professional and university acting companies, visiting troupes, plus a laboratory theatre for experimental drama. The company produces four plays a year and attracts many theatrical stars.
UNIVERSITY OF TENNESSEE MUSICAL ARTS SERIES and UNIVERSITY OPERA THEATRE (U.T. Music Hall) attracts audiences for afternoon chamber music concerts, student and faculty recital while the opera theatre produces complete operas during the school year.
THE U.T. CHILDREN’S THEATRE productions are presented annually for local and regional school groups with about 6,000 viewing productions each spring.
THE NEW REPERTORY DANCE COMPANY of the University of Tennessee includes ballet as well as a special contemporary ensemble dance unit.
U.T.SYMPHONY ORCHESTRA presents several major concerts each year and performs with the U.T. Opera Company
U.T. CONCERT BAND performs on campus and in local high schools.
U.T. CHORAL programs are varied including concert choir, chamber singers and the ever popular “U.T. Singers”.
While the University assumes leadership for local cultural endeavors, Knoxville by no means relies on it exclusively for its surprisingly rich and varied cultural milieu.
For example, when talking serious music in the Knoxville area, one must begin with the Knoxville Symphony Orchestra. One of the oldest in the south, the group was formed in 1935 and has grown to more than 100 musicians.
THE KNOXVILLE DINNER THEATRE casts professional actors from diverse areas such as New York and California. Many local actors have begun their careers in the Dinner Theatre.
THE KNOXVILLE COMMUNITY THEATRE, presents much of its schedule at the Bijou Theatre. Community residents wishing to be near the footlights may participate as volunteers.
THE CIVIC CENTER SERIES includes most of the elaborate Broadway shows touring the south. Examples of recent performances include “The Sunshine Boys”, “Annie”, “Fiddler on the Roof”, “A Chorus Line”, “Oklahoma”, “Cats” and “Sing” The Knoxville Civic Auditorium and Coliseum complex features ice shows, circus and concerts of all varieties.
THE NATIVITY PAGEANT one of the country’s most lavish religious presentations, features a cast of almost 100 Knoxville volunteers. So prestigious is the program that would-be performers must wait at least two years to take part in the pageant. Parents enter their children on a waiting list at birth; once in the cast they usually remain.
THE DOGWOOD ARTS FESTIVAL, an area wide celebration of spring, offers over 350 events including arts and crafts chows, sporting events and entertainment. The 17 day festival in April, showcases 500 miles of Dogwood Trails and adjoining gardens. This spring festival is one of the largest of its kind in the country.
THE GREEK FESTIVAL, in May, features church tours, Greek food, pastry and cultural exhibits.
ARTFEST in October, brings a week long celebration with arts and crafts, children’s activities and daily entertainment. Artfest ends with one of the south’s largest block parties - “Saturday Night on the Town”. This finale has attracted crowds of more that 100,000 celebrating Tennesseeans.
THE 1982 WORLD’S FAIR SITE is now the center of varied festive events...including the annual 4th of July celebration.
THE KNOXVILLE MUSEUM OF ART features special exhibits of nationally and locally prominent artists. The museum houses selected works of our finest regional artists.
THE BECK CULTURAL EXCHANGE CENTER displays the history and contributions of Knoxville’s African American citizens.
THE CHILDREN’S MUSEUM in nearby Oak Ridge, is also a popular attraction.
RELIGION
The close association between religion and community is tradition in Knoxville. Knoxville’s oldest active church is First Presbyterian which was founded the same year Knoxville itself was chartered - 1792. The Presbyterians were followed by a rich diversity of faiths providing a continuous response to the area’s spiritual needs. Knoxville today has over 400 churches and synagogues representing a broad scope of religious faiths.
The diversity of the area itself is reflected in its religious interests. Industrial development, expansion of the business community plus growth of the University of Tennessee have changed the religious profile of Knoxville. Every major Protestant denomination is represented. Active Catholic, Jewish and Greek Orthodox communities flourish. Other denominations meeting religious needs include Church of God, Unity, Unitarians, Seventh Day Adventist, Quakers, Lutheran, Christian Science and Latter Day Saints. ECKANKAR, Moslem, Hinduism, and Buddhism are all represented in Knoxville.
Knoxville’s religious community in characterized by a great degree of tolerance and cooperation promoting the greater good of the community and its people. Many Ecumenical services are help throughout the year. Also active in community life - reaching out to help solve a variety of community problems and to improve the quality of life for our citizens
The religious community’s reputation for acceptance and cooperation will provide newcomers to Knoxville a warm, friendly religious atmosphere in which to participate.
RECREATION & ENTERTAINMENT
Part of the good life, enjoyed by the people of the Knoxville area, stems from the abundant recreational and leisure opportunities afforded by this geographic setting. Located in the heart of the Tennessee valley, we are in the midst of one of the most scenic areas in the eastern United States. Surrounded by TVA lakes and the Great Smoky Mountains, one can easily spend a day on the lake or in the mountains and be home by evening.
GREAT SMOKY MOUNTAINS NATIONAL PARK
Evidence exists that as long as 15,000 years ago, Indians might have inhabited the Great Smoky Mountains. The highly civilized Cherokee Indians were hunting, farming, and living in the foothills when the first Europeans arrived in the late 1500’s. The Great Smoky Mountains National Park, the first of its kind, was authorized in 1934 and dedicated by President Franklin D. Roosevelt in 1940. The park has since grown to include river gorges and coves. Some of the richest and most diversified plant life in the United States, as well as the largest stand of virgin timber east of the Mississippi, are incorporated within its scenic beauty.
RECREATION ON THE AREA LAKES
Initially the TVA system was designed for navigation, flood control, generation of electricity and reforesting. Now, a wide range of recreational activities is an additional facet of resource management. Five of the “Great Lakes of the South” are within 30 miles of Knoxville. Fort Loudon Lake is a feature of Knoxville with homes along both the North and South shorelines.
Area lakes provide over 3,000 miles of shoreline for a wide variety of recreational activities, including picnicking, sail and power boating, swimming and camping.
The great thrill of whitewater rafting is available for the skilled or the amateur on the Nolichucky, French Broad and Ocoee Rivers. Within a few hours of Knoxville, there are a number of rated whitewater rivers.
Schools
DISTRICT |
Knox County Schools |
Andrew Johnson Bldg. |
865/594-1558 |
HIGH SCHOOLS |
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Austin-East High |
594-3792 |
Gibbs High |
687-5221 |
Bearden High |
539-7800 |
Halls High |
922-7757 |
Carter High |
933-3434 |
Karns High |
690-0821 |
Central High |
689-1400 |
Powell High |
938-2171 |
Farragut High |
966-9775 |
South-Doyle High |
577-4475 |
Fulton High |
594-1240 |
West High |
594-4477 |
MIDDLE SCHOOLS |
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Bearden Middle |
539-7839 |
Karns Middle |
539-7732 |
Carter Middle |
933-3426 |
Northwest Middle |
594-1345 |
Cedar Bluff Middle |
539-7891 |
Powell Middle |
938-9008 |
Farragut Middle |
966-9756 |
South-Doyle Middle |
579-2133 |
Gresham Middle |
689-1430 |
Vine Middle |
594-4461 |
Halls Middle |
922-7494 |
Whittle Springs Mid |
594-4474 |
Holston Middle |
594-1300 |
West Valley Middle |
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INTERMEDIATE |
SCHOOLS |
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Cedar Bluff Intermediate |
539-7852 |
Chilhowee Intermediate |
594-1285 |
Farragut Intermediate |
966-6703 |
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ELEMENTARY SCHOOLS |
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A.L. Lotts El. |
539-8611 |
Adrian Burnett El. |
689-1474 |
Amherst El. |
560-7001 |
Ball Camp Prim. |
539-7888 |
Bearden El. |
594-5027 |
Beaumont El. |
594-1272 |
Belle Morris El. |
594-1277 |
Blue Grass El. |
539-7864 |
Bonny Kate El. |
579-2108 |
Brickey El. |
689-1499 |
Christenberry El. |
594-8500 |
Carter El. |
933-4172 |
Corryton El. |
687-4573 |
Copper Ridge El. |
938-7002 |
Dogwood El. |
579-5677 |
East Knox County |
933-3493 |
Fountain City El. |
689-1445 |
Gap Creek El. |
577-4860 |
Gibbs El. |
689-1497 |
Green Magnet El. |
594-1324 |
Halls El. |
922-7445 |
Hardin Valley El. |
470-2088 |
Inskip El, |
689-1450 |
Karns El. |
539-7772 |
Lonsdale El. |
594-1330 |
Maynard El. |
594-1333 |
Mooreland El. |
579-2105 |
Mount Olive El. |
579-2170 |
New Hopewell El. |
579-2194 |
Norwood El. |
689-1454 |
Pleasant Ridge El. |
594-1354 |
Powell El. |
938-2048 |
Pond Gap El. |
594-5017 |
Ritta El. |
689-1496 |
Ridgedale El. |
594-5021 |
Sarah Moore Green |
594-1328 |
Rocky Hills El. |
539-7844 |
Shannondale El. |
689-1465 |
Sequoyah El. |
594-1360 |
Spring Hill El. |
594-1365 |
South Knoxville El. |
579-2100 |
Sterchi El. |
689-1470 |
West Hills El. |
539-7850 |
West View El. |
594-4471 |
VOCATIONAL |
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Byington-Solway |
693-3511 |
North Knox |
922-7576 |
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SPECIAL EDUCATION |
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Fort Sanders Ed. Dev. Ctr. |
594-5035 |
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Knoxville Adaptive Ed. Ctr. |
594-5010 |
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SPECIAL CENTERS |
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Adult Basic Education Ctr. |
594-3620 |
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Alternative Ctr. for Learning |
594-3790 |
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Center School for Dropouts |
594-5081 |
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Fair Garden Early Ed. and Family Learning Center |
594-1320 |
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Sam E. Hill Early Childhood Center |
594-3632 |
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PRIVATE |
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Christian Academy of Knoxville |
690-4721 |
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Webb School of Knoxville |
693-0011 |
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Tate’s School of Discovery |
693-3021 |
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Higher Education
University of Tennessee, Knoxville
The first co-educational institution of higher learning in the state continues as the hub of higher education today. Chartered in 1794 as Blount College, a Land Grant Institution, the college officially became The University of Tennessee in 1879. The Knoxville campus offers degree work in agriculture, business administration, communications, education, engineering, home economics, law and liberal arts. The University has long been the center for the performing arts in Knoxville as well as the focal point of its nationally recognized athletic programs.
Colleges in the Knoxville Area Include:
Knoxville College - one of the South’s oldest and most respected predominately African American institutions of higher learning. Founded in 1875, Knoxville College is a four year undergraduate college.
State Technical Institution - established in 1974 to train technicians for business, industry and government. Day and evening programs provide two year courses leading to Associate Degrees in engineering and science.
State Area Vocational Training School - offers vocational training beyond high school. This institution offers programs in 18 training areas including classroom, laboratory and practical applications.
Knoxville Business College - offer the associate of business science degree in many business related fields. Knoxville Business College is 102 years old.
Cooper Institute - offers programs leading to associate of arts degree in business related fields.
Within a 100-mile radius of Knoxville are some of the State’s oldest institutions - rich in heritage and tradition:
East Tennessee State University Johnson City
Tusculum College Greenville
Maryville College Maryville
Carson-Newman College Jefferson City
King College Bristol
Lincoln Memorial University Harrogate
Tennessee Wesleyan College Athens
Within the same are are four Junior Colleges offering a wide range of two year programs:
Roane State Community College Rockwood
Walters State Community College Morristown
Cleveland State Community College Cleveland
Pellissippi State Technical Community Col. Knoxville
Where to Stay in Knoxville
Budgetel Inn11341 Campbell Lakes Drive865/637-1010 |
Club House International208 Market Place Lane865/531-1900 |
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Comfort Hotel7737 Kingston Pike865/690-0034 865/690-8173 |
Courtyard By MarriottI-75 & I-40 at Cedar Bluff Road800/321-2211 |
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Days Inn200 Lovell Road865/966-5801 |
Hilton-Knoxville501 W. Church Street865/523-2300 800/445-8667 |
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Holiday Inn1315 Kirby Road865/584-3911 |
Holiday Inn Cedar BluffI-75 & I-40 at Cedar Bluff Rd.865/693-1011 |
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Holiday Inn Express11717 Campbell Lakes Drive865/966-2500 |
Holiday Inn - World’s Fair Henley Street at Clinch865/522-2800 |
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Hyatt Hotels & Resorts800/233-1234 |
La Quinta Inn258 N. Peters Road865/690-9777 800/531-5900 |
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Luxbury Hotel Knoxville West420 N. Peters Road865/539-0058 |
Microtel309 N. Peters Road865/531-8041 |
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Red Roof InnsWest I-40 & Cedar Bluff Rd.865/691-1664 |
Signature Inn Cedar Bluff209 Market Place Lane865/531-7444 |
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Studio Plus at West Town1700 Winston Road at Kingston Pike865/694-4178 |
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Terms & Definitions
Terms & DefinitionsBuyer Qualification |
helps determine what price home you can afford. |
Homeowners Analysis |
explains the tax advantages and investment potential of homeownership |
ARM vs. FRM |
compares ad adjustable rate mortgage (ARM) to a fixed rate mortgage (FRM) assuming different adjustments at each period to determine when the savings from the early years of the adjustable will be exhausted. |
ARM Projection |
allows you to look into the future to see what the payments on an adjustable rate mortgage might be based on different scenarios |
Mortgage Accelerator |
shows how making regular additional principal contributions will shorten the life of a 30-year mortgage |
Amortization |
gives detailed information needed to determine how much interest has been paid and what the unpaid balance is |
Rent vs. Own |
helps you see the advantages and real cost of owning a home rather than renting |
Hold or Sell and Buy |
allows you to see the effects of continuing to own your current home or to sell it and buy another |
Cost of Waiting to Buy |
illustrates the potential additional expense of waiting to buy a home due to appreciation changes |
Refinancing Analysis |
determines how long it will take to recapture refinancing charges based on the monthly savings and the impact of a lower interest rate |
Who Pays Which Closing Costs?
It is common for the buyer to pay the following closing costs when initiating a mortgage.
Typical Buyer’s Closings Costs:
Loan Origination Fee |
Recording Fee |
Discount Points |
Underwriting |
Appraisal |
Tax Service |
Survey |
Processing Fee |
Inspection Fees |
Repair Inspections |
Escrow Fees |
Courier |
Document Preparation Fees |
Credit Report |
Title Policy |
Finding Fee |
Mortgage Title Policy |
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AREA UTILITIES
Knoxville Utilities Board
(serves Knoxville and portions of Knox County)
Phone: 524-2911
Lenoir City Utilities Board
(serves Knox, Loudon and Roane counties)
Phone: 986-6591
First Utility District of Knox County
(serves: West Knoxville, Farragut)
Phone: 966-9741
Knox Chapman Utilities Board
(serves: Southern of Knox County)
Phone: 577-4497
Hallsdale-Powell Utilities Board
(serves: Northern Knox County)
Phone: 922-7547
Northeast Knox Utilities District
Serves: Northeast Knox County
Phone: 688-4070
Clinton Utilities Board
(serves: Anderson, Knox, Campbell, Morgan, Roane and Union counties)
Phone: 457-9232
West Knox Utilities Board
(serves: Western Knox County)
Phone: 690-2521
