Looking for a spacious downtown Nashville loft- right in the heart of the Broadway action? Look no further than this charming loft on Broadway Ave. Steps from great restaurants, sports and music venues, and shopping.
Monday, November 23, 2009
Wednesday, November 18, 2009
Nashville & Brentwood Area Homes For Sale
This is a charming Nashville home with a beautiful front porch and traditional build.There are 4 bedrooms and 3 bathrooms with large closets and luxury fixtures like Kohler faucets.The home has pine flooring and dark oak cabinets. There are extra closets perfect for storage and a 2-car garage.
List Price $425,000
For more information click here
Brentwood, TN Home for Sale
This Brentwood home sits on nearly 3 acres of land and has a brick exterior.The home has 4 bedrooms and 4 bathrooms.The interior is a spacious 3,416 square feet and has an over sized bonus room,custom California closets, a breakfast room separate from the kitchen,and an office area.
List Price $499,900
For more information click here
Nashville, TN Home for Sale: 5628 Meadowcrest Ln
View Richland Creek while relaxing on your over-sized deck! 3BR, 1.5 BA cottage! Eat-in kit plus dining rm! New windows. Fenced yd . House is in good overall condition.
List Price $199,900
For more information click here
Nashville, TN Home for Sale: 6027 Temple Rd
All Brick Home on Acre of Land w/ Park Setting Bedrooms: 4 Bathrooms: 2.5. 3,080 square feet and high ceilings,two story.
List Price $375,000
For more information click here
Nashville, TN Home for Sale: 5058 Lakeview Dr
3 bed/ 3 bath Oak Hill Home On 2.5 Acres, Backs Up To Radnor Lake Park! Very Private. Formal Living Room, Formal Dining, Great Master Suite With Large Walk In Closet, Dressing Room, Spa Like Bath Suite With Double Vanities, Tub, Steam Shower And Heated Floors.
Listed at $549,900
For more information click here
Nashville, TN Home for Sale: 7169 Holt Run Dr
Beautiful House with 4 bed/3.5 baths Great Kitchen Open To Family Rm*Granite*Dramatic 2-Story Family Rm with Wall Of Windows*Fenced Backyard With Trees For Privacy*Relax On Deck Or Patio*Hardwoods throughout Most Of Downstairs*Extra Parking Pad*Walk-In Storage/Expansion Area
List Price $379,000
For more information click here
Brentwood, TN Home for Sale
This renovated Brentwood home is in the Stonehenge community close to local schools.The home has 3 bedrooms and 3 bathrooms.The flooring is newly installed bamboo, and the counter tops are granite. The home has a fenced backyard and is approximately 2,338 square feet.
List Price $309,888
For more information click here
Nashville, TN Home for Sale: 412 Sunnyside Dr
Over 4000 square feet and 3 stories functionally layered present this as a unique find.You will find impeccable fine carpet,hardwood floors and tile which make great accents to its layout.You'll find all of the necessary appliances and a great local community.
List Price: $1,059,000
For more information click here
7029 Oak Brook Terrace, Brentwood TN Real Estate
List Price: $220,000
This is a beautiful house with three bedrooms and two bathrooms. Just reduced! Motivated sellers. Perfect home to use your $8000 tax incentive before November 30th. Volume ceilings in great room with gas fireplace and palladium windows.
For more information click here
913 Broadmoor Dr, Nashville TN Real Estate
List Price: $146,900
This beautiful three bedroom two bathroom house is ready to go! With its spacious comfortable living, this is perfect for first time home buyers. At this affordable price, get it while you can as this listing will go.
For more information click here
Nashville real estate: 703 Belle Meade Blvd.
This amazing home is located on Nashville's most prestigious street. Elegant and comfortable for living and entertaining.
For more information click here
Nashville TN real estate for sale: 1624 Glen Echo Rd
3 bed/3.5 bath - WOW!
For more information click here
Tuesday, November 17, 2009
FREE Homebuying Seminar- TONIGHT Nov. 17
East Branch Public Library, 206 Gallatin Road, Nashville, TN 37206
Closing Day: The good, the bad, and the paperwork
Real estate closing day…the most anticipated and dreaded of all days. As if the emotional roller coaster of finding a home, putting in the offer, offer acceptance, and inspections weren’t enough, you aren’t quite finished, but at least there is a light at the end of the tunnel.
Typically, on closing day, you will be signing two sets of documents, the first is the purchase of the real estate, and the second is the mortgage loan you will be taking on to pay for the real estate. The seemingly thousands of pages of paperwork will have to do with either of these two transactions. Many of these documents are similar in different areas, but some may be unique. The documents listed below are typical in the Nashville real estate market.
At the closing table, there will be an attorney to walk you through each of the following documents, but here is an overview of what you will be expected to read and sign.
- Truth in lending statement, also known as Regulation Z. This document discloses the interest rate, annual percentage rate, amount financed and the total cost of the loan over its life. Make sure that these numbers should match the numbers that you have already received from your loan officer, speak up if the numbers don’t match up.
- Itemization of amount financed. This document basically summarizes the finance costs, such as points, and is more of an addendum to the document above.
- Monthly payment letter. This document breaks down your monthly payment, again make sure that these numbers match the ones that you received previously.
- Note. This is the document where you are actually borrowing the money.
- Mortgage. This document basically states that if you default on your mortgage, that the bank will place a lien on your new home, as security for the loan.
Now that the stressful, money part is out of the way, its time to make the real estate yours. Here are some common documents that will be asked to sign.
- HUD Form 1 or Disclosure/Settlement Statement. This is the actual settlement amounts, again watch for errors.
- Warranty deed. This document transfers the title of the property from the seller to the buyer.
- Proration agreements. This document pro-rates money, for the month that you are closing, i.e. home owner’s association dues, etc.
- Tax and utility receipts. Again, this is transferring information from the seller to the buyer at the State level.
- Name affidavit. This basically says that you are the person you claim to be.
- Acknowledgment of reports. This verifies that the buyer has seen inspection, termite reports, etc.
- Search or Abstract of Title. This is basically documentation of the history of the house.
I know that you didn’t think you were going to get out of closing without coughing up a little cash, so here are the remaining closing items.
- Closing costs. This is the time to write that big check that you’ve been dreading.
- Payment for the house. This is where the buyer writes a check for the down payment, minus any deposits, which is then combined with the lender’s check for the remaining portion of the purchase price.
- Escrow Account. More often than not, the buyer's annual taxes, insurance and other items are paid through the lender. The account is set up at this time.
Friday, November 13, 2009
Another Nashville Condo Auction, this time The West End Condos
As the Terrazzo condo auction looms, another Nashville condo auction comes into play, this time, the West End. The December 5th auction will include 5 one-bedroom units, 25 two-bedroom units and 15 three-bedroom units. The retail value of the condos range between $385,000 and $948,000.
This is a quality building built by a group of local developers led by John Coleman Hayes, but the individual condos were built too large for this market averaging over 2,100 square feet. The interior feels more like a home, than a trendy condo offering buyers a different product in a different location, but it turns out that few wanted to trade in their 4,000 square foot homes for a 3,000 square foot condo that costs twice as much. Perhaps more condo buyers did, but could not sell their home in this market.
The West End is a 12 story, 72 unit, luxury condo tower that only has sold a half dozen condos to discerning buyers. If this is truly a quality building, then why didn't they sell as expected?
1) The developer didn't pre-sell condos
2) The downward economy
3) Poor marketing
4) The units were larger than the market demanded
The auction has been officially announced and none of the details are finalized. The only firm information is that there will be an auction of 45 condos on December 5th, 2009. Few details have been released, other than what is listed on the West End website.
Wednesday, November 11, 2009
Nashville Home Sales up 23 Percent
It was the first such rise in three years, as first-time home buyers scrambled to take advantage of an $8,000 federal tax credit that has now been extended by Congress.
The median home price in the area stayed the same as it had been over the past three months -- $160,000 – a 6 percent drop from a year ago. Realtors said that was a sign that first-time homebuyers, who tend to buy less expensive homes, are continuing to impact prices.
Monday, November 09, 2009
Terrazzo Auction Nov. 21 in Nashville Gulch
Sunday, November 08, 2009
$8,000 Tax Credit: Extended Until April 30, 2010
The original legislation provided an $8,000 tax credit for first-time homebuyers. The legislation passed by the Senate this week extends the $8,000 credit and expands it to provide a $6,500 tax credit to people looking to buy a new home after having owned and lived in a home for more than five years.
More than 70 percent of existing homeowners will now be eligible to take advantage of this program and use the credit to buy a new home.
Summary of the legislation:
Extends the $8,000 first time Homebuyers Tax Credit and creates a new $6,500 tax credit for homeowners buying a new home from December 1, 2009 to April 30, 2010.
Homebuyers with contracts as of April 30th qualify for the credit so long as they complete the transaction within 60 days.
Available to homebuyers with incomes of up to $125,000 for a single return or $225,000 for a joint return.
Available for homes costing up to $800,000.
Homebuyers who already own a home are only eligible if the home they are leaving has been used as a principal residence for five years or more.
If you're interested in finding a home in the Nashville area, try our convenient home search here or call Josh Anderson at (615) 509-7000.