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Andy Hodes

Telling a Story: An Art That is Not Lost in Chattanooga

05-05-08
Andy Hodes

Don't miss an incredible weekend at Talespin in Chattanooga this weekend.

Talespin which is put on by the Chattanooga Downtown Partnership, is designed to bring in storytellers from various walks of life to Chattanooga. The main objective is to tell stories with many themes that include youth stories, cultural stories, humorous stories, historical stories and so much more. This weekend event is for all ages! Not only is this a fun event for the kids, but adults will enjoy these unique stories told by professional storytellers. Many of the storytellers and themes will connect generations, traditions and lessons for living.

On Thursday night, May 8, a kickoff event featuring six national storytellers will be held at the historic Tivoli Theatre.

On Friday and Saturday, May 9 & 10, downtown Chattanooga's Coolidge Park will be the centerpiece for the festival, with telling occurring under festival tents throughout the day followed by a "Nightcap Session" on Friday and ghost stories, which are always enjoyable and memorable, under the night sky on Saturday evening.

Sunday, May 11, will feature a special Mother's Day Storytelling Cruise on the Southern Belle Riverboat.

National tellers scheduled for the TaleSpin Festival, according to their website will include Judith Black, Kevin Kling, Bill Harley, Queen Nur, Syd Lieberman and Kathryn Windham.

Merchandise from featured storytellers, a variety of resource materials and event memorabilia will be available for purchase on Thursday evening at the Tivoli Theatre and throughout the event at Coolidge Park in the Festival Marketplace.

For more information on all these events and tickets, please visit the Chattanooga Downtown Parnership. Enjoy!

Honesty is the Best Policy: Chattanooga filled with Great People

04-28-08
Andy Hodes

By David Israel, Business Manager - Andy Hodes & The Scenic City Team

This week as I was deciding on what tips to share with you, our audience, I was reminded of an incident that happen to my wife and I this weekend, and it just reinforces why we moved to Chattanooga.

Last Thursday we were heading down to South Florida on Allegiant Air (non stop from Chattanooga to Ft. Lauderdale); $49 each way, I highly recommend it. Anyway we arrived at the Chattanooga Metropolitan Airport and we boarded the plane on time; then my wife noticed that her diamond tennis bracelet was not on her wrist. She started to freak out and wanted to get off the plane. If you have ever tried to get off a plane once you have boarded, it is impossible unless you are dragged off by the FAA or are deatlhy ill. So, we filed a report on a napkin with the airline and the airport. The entire flight down my wife was, well lets say she was crying. It wasn't the cost of the bracelet, but the fact that I had designed it and given it to her on our 5th Wedding Anniversary ten years ago.

When we got into Ft. Lauderdale, I called Andy who drive into long term parking to make a visual check of my van, just in case it fallen off her wrist in our vehicle. No luck!

We made the best of our weekend, it was actually my birthday, and we were going to visit our parents and family. We stayed in Boynton Beach, in one of hundreds of Adult communities in the area. All these houses right next to each other, nicely manicured lawns and a guard gate. Actually, we had some nice strolls through the neighborhood at night to get our daily exercise. When you go visiting family in Florida there is always lots of food involved, so we had to work it off.

My visit was shorter than my wife's. I got up at 5:00am on Sunday morning to catch an 8:45am flight from Fort Lauderdale back to Chattanooga. Once we landed, I felt like I had returned home. I immediately went to the Airport Police Office to pick up a copy of our report for my insurance company. After getting the report I went down to baggage claim, no bags left, so I had to go to the ticket counter to pick up my bag. This trip was certainly getting the best of me, but everything worked out and I was home in less than 15 minutes. I slept most of the afternoon on Sunday and got up Monday morning to get back into my routine.

Well, life was about to change for the better. At 9:28am I received a call from the Chattanooga Airport Police that a women had found the bracelet and was on the same flight as we were on. The officer gave me her name and cell phone number and told me she would be in South Florida for 3 months, I immediately called her, after taking a deep breath. Sharon was actually on our flight and had to board early as we did because she had her granddaughter with her. She goes down to spend time working with her sons in their business. I asked if she would like to FedEx the bracelet back to me and she told me that one of her sons would drop off the bracelet wherever my wife was. I was amazed that someone would be so honest and understand that someone else was actually suffering. She had told me a story of her daughter loosing her ring and how devastated she was and that she didn't want to see anyone suffer like that.

So, the moral of this story. There are still honest people in this world. We sometimes forget that with all the hustle and bustle in the world, and the price of gas climbing, and a war going on, that we still have morals and we are for the most part honest people. Would you keep the bracelet or would you have tried to return it to it's rightful owner? I would hope that we would all answer correctly.

All's well that ends well - and in Chattanooga it ends well!

Want to Buy a Foreclosure? Read this First.

04-21-08
Andy Hodes

By Kacey Sides, Buyer's Specialist - Andy Hodes & The Scenic City Team

Foreclosures are everywhere. Here in Chattanooga, we definitely have our fair share. Buying a foreclosure can be a great investment or a huge nightmare. Having a Realtor on your side to guide you through the process can help keep you from a major, personal disaster. Keep in mind every foreclosure sale can be a little different, so being on top of your game will help give you the edge over your competition. Whether you are buying one to flip, or buying one to fix up and live in, keep one thing in mind - the good deals go fast, so you need to be prepared to move quickly when the RIGHT deal comes along!

The homes that are priced significantly below market value are going to get a lot of interest from other buyers and most likely sell quickly. Banks that own these properties are aware of this, and will typically wait to receive multiple offers from buyers before they make a decision to select the best offer. After receiving multiple offers, some banks will ask each buyer for their "highest and best" offer. You will then have a chance, possibly your last chance, to submit your very best offer, keeping in mind that your competition is doing the same thing. Conversely, some banks will wait for multiple offers, but then won't call for highest and best. Keep this in mind when writing your initial offer!

Regardless of the situation, you want your offer to stand out. Keep these steps in mind when prepariing your offer to purchase:

1. Keep your inspection period short. I wouldn't advise skipping a good home inspection, but having more than 7 days to inspect the property can adversely affect your offer; banks are looking for buyers that will move quickly. Many times, the bank will require any inspections to be done prior to making the offer so that contingency is removed from the contract up front.

2. Don't ask for repairs. Most banks won't do them. Just make sure you reflect potential repairs in the price you offer.

3. Go with Conventional financing, or better yet, cash! Have your pre-approval letter, if you are getting a loan, or proof of funds letter, if you are paying cash, ready to submit with the offer. (Some banks will not accept any offers without them.) FHA or VA financing can complicate the offer due to the type of inspections and repairs required by government-back loans.

4. Close quickly and make sure it is a time frame that you can stick to. If not, depending on their requirements, banks will charge you for every day past the set closing date until you close!

5. Price. This is ultimately what the seller (i.e. the bank) is looking to maximize. Make and offer that you are comfortable walking from if you don't get the home, or a price you'd be comfortable with should your offer be accepted.

6. Seek representation. The listing agent represents the seller. Find a Realtor that can represent YOUR interests, understands the process and will advocate YOUR position in the negotiations. Typically there is no cost to the buyer for your agent's service and representation.

Every bank is different, but they all will have addendums that you are required to sign that override the terms of the Purchase and Sale Agreement you submitted. Read them carefully as these addendums can drastically affect how you are required to purchase the home. The addendums will typically release the bank from all liability on the property and require that you accept the home in "AS IS" condition. The addendums will typically change your inspection period, and can sometimes change the date you close so be careful.

Working with a Realtor who is familiar with the ins and outs of working with foreclosures can educate you on the process and can prepare you for the unexpected. Have your Realtor set you up on an instant notification system for foreclosures that meet your criteria. That way you are one of the first to know when the deal of the day comes your way. Your Realtor can pull the comparable sales for the area to better educate you on how well the home is priced for the area; then you may need to make an adjustment for the home's condition. Knowing how much work it needs, and what it will cost to bring the home back to excellent condition is a key part in making the decision on how much to offer. Keep in mind that every neighborhood has a price ceiling. Over or under improving for the neighborhood will only end up costing you money!

Foreclosures can be a great opportunity or your biggest nightmare. Proceed with caution after obtaining expert assistance from a Realtor, well-informed and experienced in handling foreclosures. You'll be glad you did!

Want to Buy a Foreclosure? Read this First.

04-21-08
Andy Hodes

By Kacey Sides, Buyer's Specialist - Andy Hodes & The Scenic City Team

Foreclosures are everywhere. Here in Chattanooga, we definitely have our fair share. Buying a foreclosure can be a great investment or a huge nightmare. Having a Realtor on your side to guide you through the process can help keep you from a major, personal disaster. Keep in mind every foreclosure sale can be a little different, so being on top of your game will help give you the edge over your competition. Whether you are buying one to flip, or buying one to fix up and live in, keep one thing in mind - the good deals go fast, so you need to be prepared to move quickly when the RIGHT deal comes along!

The homes that are priced significantly below market value are going to get a lot of interest from other buyers and most likely sell quickly. Banks that own these properties are aware of this, and will typically wait to receive multiple offers from buyers before they make a decision to select the best offer. After receiving multiple offers, some banks will ask each buyer for their "highest and best" offer. You will then have a chance, possibly your last chance, to submit your very best offer, keeping in mind that your competition is doing the same thing. Conversely, some banks will wait for multiple offers, but then won't call for highest and best. Keep this in mind when writing your initial offer!

Regardless of the situation, you want your offer to stand out. Keep these steps in mind when prepariing your offer to purchase:

1. Keep your inspection period short. I wouldn't advise skipping a good home inspection, but having more than 7 days to inspect the property can adversely affect your offer; banks are looking for buyers that will move quickly. Many times, the bank will require any inspections to be done prior to making the offer so that contingency is removed from the contract up front.

2. Don't ask for repairs. Most banks won't do them. Just make sure you reflect potential repairs in the price you offer.

3. Go with Conventional financing, or better yet, cash! Have your pre-approval letter, if you are getting a loan, or proof of funds letter, if you are paying cash, ready to submit with the offer. (Some banks will not accept any offers without them.) FHA or VA financing can complicate the offer due to the type of inspections and repairs required by government-back loans.

4. Close quickly and make sure it is a time frame that you can stick to. If not, depending on their requirements, banks will charge you for every day past the set closing date until you close!

5. Price. This is ultimately what the seller (i.e. the bank) is looking to maximize. Make and offer that you are comfortable walking from if you don't get the home, or a price you'd be comfortable with should your offer be accepted.

6. Seek representation. The listing agent represents the seller. Find a Realtor that can represent YOUR interests, understands the process and will advocate YOUR position in the negotiations. Typically there is no cost to the buyer for your agent's service and representation.

Every bank is different, but they all will have addendums that you are required to sign that override the terms of the Purchase and Sale Agreement you submitted. Read them carefully as these addendums can drastically affect how you are required to purchase the home. The addendums will typically release the bank from all liability on the property and require that you accept the home in "AS IS" condition. The addendums will typically change your inspection period, and can sometimes change the date you close so be careful.

Working with a Realtor who is familiar with the ins and outs of working with foreclosures can educate you on the process and can prepare you for the unexpected. Have your Realtor set you up on an instant notification system for foreclosures that meet your criteria. That way you are one of the first to know when the deal of the day comes your way. Your Realtor can pull the comparable sales for the area to better educate you on how well the home is priced for the area; then you may need to make an adjustment for the home's condition. Knowing how much work it needs, and what it will cost to bring the home back to excellent condition is a key part in making the decision on how much to offer. Keep in mind that every neighborhood has a price ceiling. Over or under improving for the neighborhood will only end up costing you money!

Foreclosures can be a great opportunity or your biggest nightmare. Proceed with caution after obtaining expert assistance from a Realtor, well-informed and experienced in handling foreclosures. You'll be glad you did!

4 Bridges Arts Festival - A Must see in Chattanooga!

04-14-08
Andy Hodes

By David Israel, Business Manager - Andy Hodes & The Scenic City Team

This weekend April 19-20 is the beginning of one of Chattanooga's best kept secrets, The 4 Bridges Arts Festival. If you have been to this festival you will be able to relate to the excitement in our community. If for some reason you have not attended this yearly event, well it is a must see!

Not only is this the best Art Festival all year, but the mission and objectives of the organizers is very clear. You can visit their website to see more about the history of the Festival. The Festival is a production of Chattanooga's Association for Visual Arts (AVA), in collaboration with the Chattanooga Downtown Partnership (CDP).

In terms of artists, by the way I have very little artistic talent, the artists that do come in are very clearly immersed into the visual arts. Their talents are incredible and the variety of artists is very eclectic. You can actually visit the artists to see their work at the 4 Bridges Arts Festival website. The weekend is filled with fun activities for adults and children. There are rotating children's art activities available throughout the weekend and there is live music in the cafe area.

For a moment, forget about the art pieces themselves and just imagine the color explosion that surrounds you while you are viewing the different pieces. It is a very exhilarating and emotional experience and one you need to explore as you travel through the exhibits.