Is A Balloon Mortgage Right For Your Next Nashville Home Purchase
Balloon mortgages can be a smart financial instrument for savvy investors, but they are not without their risks. A balloon mortgage differs from a traditional mortgage in that it typically offers a low initial interest rate, usually for 5 to 7 years, at the end of...
[VIDEO SERIES] Buying and Financing A Condo in Nashville
Condo Financing Basics Buying a condo is quite different than buying a single family home - or even a townhouse. In this series, I've attempted to hit the highlights of things you should consider when purchasing a condominium in Nashville, TN. Please comment below if...
What is A Zero Lot Line Property? [video]
What's the difference between a zero lot line home, a duplex, and an HPR (horizontal property regime)? I'm glad you asked. In Nashville the practice of deeding a property can be a bit confusing. In this video, I try to explain the differences which can vary...
Is That House Under Contract?
I know it can be frustrating to fall in love with a property online only to learn that it is already under contract. Luckily, we can help: There is big money in homebuyer "lead generation" and the sale of those so-called leads back to agents. That is part of the...
Nashville DataScape 2015 Report
Recently I had the pleasure of attending a presentation hosted by the Nashville Chamber of Commerce. There was a lot of talk about transportation and population growth for the Nashville mid-state area. I love this DataScape report that was provided. There is some...
Don’t Let These Real Estate Terms Intimidate You
There are lots of legal terms and other unfamiliar words that may pop up in a real estate transaction. Here are a few not to be afraid of: 1. Good Faith Estimate - This is a written disclaimer from your lender that explains the total cash needed to close for a...
“Hip Donelson” Among Nashville’s Most Popular Neighborhoods?
Yep, you read that right. Sleepy Donelson, TN (my hometown by the way) has fast become a booming Nashville suburb - particularly for first time buyers. The hot market in 37214 has been experiencing a severe lack of available listing inventory for a few years now and...
4 Often-Overlooked Real Estate Tax Breaks
Can you believe it’s nearly April 15th? The 2015 year sure is flying by... I wanted to share a few quick tips that will help as you are preparing/filing your tax return: Don’t forget your mortgage interest deduction: This one is a no brainer, but I can’t tell you how...
[video] What Is A Mortgage? Mortgage Basics 101
No question is too small. Realtor.com has put together a great mortgage introduction video. You may have questions about down-payment. Lenders will offer you the best terms if you make a 20% down payment. However, most lending institutions have a mortgage options that...
Do you know about Closing Costs?
Housing Wire recently posted a story that was a "no duh!" moment for me. They claimed that "Most Millennials Don't Know About Closing Costs." As an agent who works with a high number of first-time buyers, I run into questions about closing costs all the time. I find...
Where is the listing inventory?
Today the Greater Nashville Association of Realtors released the February 2015 sales stats for middle Tennessee. Once again, sales are occurring at a much more rapid pace than the same time last year. With transactions totally 2,091, sales are up 12.6% percent from...
West Mill Townhomes Coming Soon to West Nashville
My friends at HND have been talking about it for a while, but I was excited to see the Nashville Business Journal publish an article about the West Mill townhomes that will be coming soon in the Nations. 98 units and a pool are said to be planned for the 2.6 acres at...
Low Downpayment Loan Option
I recently had an interesting interaction with a potential buyer client. She was interested in using one of the USDA Rural Housing Loans for her home purchase because they still offer 100% financing (zero down payment), but she was interested in a home that was listed...
Solo East Nashville – Affordable Condos Coming Soon!
Nashville developer Bruce McNeilage plans to break ground by March 2015 on SOLO East - a 130 unit condominium development at the corner of Litton & Gallatin in Inglewood. It's thought that the one and two bedroom flats will be priced from the 150s to the 170s and...
No Matter What the Groundhog Says… You Should Sell Before Spring!
Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market...
[video] Determining Your Purchasing Power As A First Time Buyer
Thinking of buying a home but have questions about financing? It's important to start the approval process before looking at homes. Buying a home can be expensive. Here's a quick video about what to expect with the application process:
First-Time Home Buyers and Fixer-Uppers in Nashville.
First-time home buyers are often attracted to the low prices offered in fixer-upper homes. But most don't understand that financing such a project can be a challenge. Here's a conversation I had recently one of our buyer-clients on this topic: Buyer: Hi Steph, we...
What if interest rates and home values go up?
Love this fun new image from KCM. If rates and values increase this year as projected, homes will be less and less affordable - especially for first time buyers. Are you thinking of taking the plunge in 2015? We'd love to talk with you about a smart home buying plan....
Changing Nashville Demographics
There is no doubt that urban renewal and gentrification are changing the face of Nashville demographics. As Realtors who abide by a strict Code of Ethics, we are not allowed to comment many things. Fair Housing Laws prevent us from steering people away from or toward...
Homes Are Selling In Nashville So Fast. What Are My Options As A Seller?
Answer: The Nashville market is definitely hot. Multiple offers...