Denise Lee, MBA, Realtor

Denise Lee, MBA, Realtor Broker:Terry Miller
Agency: Miller Homes Group
Servicing the East Texas area.

11/16/2022

DID YOU KNOW?

Why Don't Homes in the South Have Basements?

If you live in the Midwest, Northeast, or West, your home probably has a basement. But you probably don't have one if you live in the South (although you may have a tornado shelter instead).

If you've recently moved from the basement-free South to another region — or have just transplanted to a Southern state — you may be wondering what's going on.

The reason is that Southern states like Florida and Louisiana have a higher water table, which results in too much water in the soil. There's usually less than three feet between the ground's surface and groundwater. However, homes in Northern and some Western regions have foundations below the frost line to help prevent freezing water pipes. Since the frost line in these regions is usually several feet below ground, this often makes basements a necessary feature.

Houses in the South have a frost line closer to the surface, making it unnecessary to build deeper. Plus, some Southern states have a shallow layer of soil on top of limestone bedrock. Limestone is hard to dig into, and the extra expense and work make basements less popular.4

10/13/2022
10/13/2022

Dont be confused by all the jargon lenders use. If your closing costs are low, then your rate will be higher (and vice versa).

Use the APR (not the interest rate, use the bigger number) on your Loan Estimate to compare lenders.

We have a directory of black mortgage lenders and loan officers across the country on our website should you need help.


10/13/2022

We can't stress enough the importance of a good title company and (depending on what state you're in) a good lawyer.

Lenders and agents are important but please don't cut corners when it comes to the rest of the team helping you close on a home.

Contact The Lee Team for all your real estate needs.
10/07/2022

Contact The Lee Team for all your real estate needs.

10/06/2022

This is why you shouldn't sell your home if you've only been there a few years. You don't have much equity.

Buy real estate and wait. Time is quite literally on your side.





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Marshall, TX
75670

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