Nashville Real Estate - 320 Broadway Unit 301

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.

Nashville & Brentwood Area Homes For Sale

Nashville, TN Home for Sale : 5 Pickton Rd
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

FREE Homebuying Seminar- TONIGHT Nov. 17

Free Home Buying Class TONIGHT, November 17th: 6-7:30pm
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.

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.

Nashville Home Sales up 23 Percent

Home sales in the Nashville area shot up 23 percent in October compared to the same month a year ago, the Greater Nashville Association of Realtors said today.
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.

Terrazzo Auction Nov. 21 in Nashville Gulch

If you're interested in owning your piece of the Nashville Gulch, then why not take advantage of the upcoming auction of the remaining 30 units that will be up for auction on Nov. 21, not only are these great prices, but you will also be eligible for the $8,000 tax credit. Please don't hesitate to call if I can show you a property in the Terrazzo, or any other Nashville real estate properties.

$8,000 Tax Credit: Extended Until April 30, 2010

You read that right, the Tax Credit has been extended until April 30, 2010. Now here is the scoop on the changes.

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.

Josh Anderson: Nashville's Best Pet Friendly Real Estate Agent in Nashville by Nashville Paw

Josh Anderson of Keller Williams Realty was recently voted one of Nashville's best Pet-Friendly Real Estate Agents by readers of the Nashville Paw, Middle Tennessee's award-winning pet magazine. Thank you for all who voted! Check out all of the winners, in this month's issue.

Open Houses Nashville: Sunday, Nov. 8, 2009

With the current $8,000 Tax credit set to expire Nov. 30, 2009, it's a great time to make an offer on a home. If you're interested in seeing what's on the market, there's no better way, than attending one of the many Open Houses in Nashville and Davidson counties. Below are lists of the open houses and condos for this Sunday, most are from 2-4 p.m. Let me know if you have any questions, (615) 509-7000 or Josh@JoshAndersonRealEstate.com .
Davidson County Homes
Davidson County Condos
Williamson County Homes
Williamson County Condos

$8,000 Tax Credit Extension: Will it Become a Reality?

Congress on Thursday voted to extend the current home buyer tax credit through April 30 and to extend a $6,500 credit to buyers who have owned their current home for five years. The credit, which still must be passed by the House of Representatives, wouldn’t cover second homes and is limited to homes of less than $800,000.
The credit would also be extended to a slightly larger pool of buyers by raising income caps to $125,000 for single filers and $250,000 for joint filers, up from $75,000 and $150,000, respectively. The National Association of Home Builders used Census data to estimate that around 14% of first-time buyers were ineligible for the current credit but will be eligible with the expanded income limits.
It's estimated that around 70% of current homeowners will be eligible for this Tax Credit.

Terrazzo in the Gulch:Auctioning Remaining Units- Up to 53% off

Terrazzo condo development in the Gulch is having an auction on November 21, 2009 on all 30 remaining units. They have minimum bid prices, but they are up to 53% off the original asking with prices ranging from $159,000-$399,000. If you know of someone that might have an interest I would greatly appreciate you sending them my way. Have questions or would you like more information? Call me at (615) 509-7000 or email Josh@JoshAndersonRealEstate.com- Josh Anderson

Jefferson Street Improvement Project: Increase in Home Values?

Residents living near Jefferson Street in North Nashville, get ready for an improvement project, that will increase your property values.
City and state leaders today unveiled the master plan and schematic designs for an extensive streetscape improvement project known as Gateway to Heritage that extends along the Interstate 40 corridor from 28th Avenue to Jefferson Street in North Nashville.
More information on the Gateway to Heritage.

Open Houses for Davidson & Williamson Counties: November 1, 2009

If you are looking to buy a home in Nashville, Davidson County, or Williamson County, take advantage of all of the Open Houses this weekend. Below is a list of Open Houses sorted by price, including information (pictures, square footage, acreage, etc.) to help you narrow down your search and make the most of your time. Please let me know if I can help you set up a private showing for these, or any other listing (615) 509-7000.

Davidson County Homes

Davidson County Condos

Williamson County Homes

Williamson County Condos

Have a great weekend, and don't forget to set your clocks back on Sat. night.

What the heck is the Gulch?

Simply put, it is the intersection of 11th Ave. North and 12th Ave. North, and the railroad tracks. At one time, this area saw as many as 100 trains per day. Today the number of trains has dropped significantly, and the area is home to one of the trendiest areas in Nashville. The Loft apartments, studios and condominiums make up the residential component of The Gulch. Whether you are looking for a true loft, or a contemporary condominium, The Gulch promises to offer something that Nashvillians have yet to experience. Imagine living in a neighborhood where you can visit art museums and a chic boutique without getting into a car. Floor to ceiling glass, state-of-the-art kitchens and stunning views of the downtown skyline can be found in the Mercury View Lofts, Nashville's first look at urban living. The recently completed ICON is the newest residential element in The Gulch. Located directly on 12th Avenue, the ICON offers luxury living with, a downtown proximity. For in-town style on a budget, look no further than The Velocity. For affordable living the Laurel House cannot be beaten. For more upscale living, try the luxurious Terrazzo condos which feature sleek, modern designs and unbeatable views of downtown Nashville.

The Gulch is also home to great restaurants like Ru-Sans, a sushi and seafood restaurant. Fans of Ru-Sans appreciate its tasty food at affordable prices. A few doors down, you can find Sambuca, an upscale restaurant featuring seafood, pizzas, drinks, and live music. A new addition to The Gulch eatery lineup is Urban Flats, a sleek restaurant offering fresh-baked flatbread cuisine along with salads and wraps. Recently added to The Gulch is the retail store, Urban Outfitters. A welcome addition to this trendy neighborhood, Urban Outfitters caters to the young, “indie” crowd of Nashville. The Gulch is also home to the bluegrass music venue, The Station Inn. The Station Inn offers charm and ambiance and plays host to some of the area’s best bluegrass music artists.

$8,000 Tax Credit Extension?

Senate leaders are negotiating to extend and gradually reduce an $8,000 tax credit for first-time home buyers through 2010, Senator Bill Nelson of Florida said.

Read more here.

The Art of Placement

Throughout my Nashville real estate career, I have viewed hundreds of homes, and have noticed that many homeowners have a knack for hanging elements in their home at an odd height, now grant it, some are worse than others, but I thought I would share the proper heights for hanging certain items. These are the common culprits, that usually stick out like a sore thumb when I show homes:

- Artwork- The proper height for hanging artwork is so that the center of the work is at eye-level for the viewer; the average eye-level is ­­­60”, so unless Sasquatch is coming over for dinner soon, get that artwork at eye level.

- Dining Room Lighting- The lighting above your dining room table should be centered above the table, and the bottom of the chandelier should be 30-36” from the top of the table. This allows for conversation to still flow from one side of the table to the other, yet still have an intimate feel. Bonus points if the lighting is on a dimmer switch.

- Window Treatments- This is by far the most common violation. Window treatments should be hung as high as possible to make the window appear larger. I can’t tell you how many times I walk into a home, and the curtain rod is mounted directly to the window trim. Make the window APPEAR larger by hanging the rod higher and wider than the window- you’ll be amazed at how much better it will make the room look.

Real Estate Myth: Adding a Pool will Increase my property value

In desert areas, a pool MAY increase your home's value, however in Nashville, you can scratch adding a pool to your list of improvements that will increase your home's value.

When potential home buyers see a pool, they see maintenance costs. Although this is not always the case, more often than not, homes with pools are usually the first ones to get crossed off the list.

It would be wiser to invest your pool money into a kitchen or bathroom remodel.

Davidson & Williamson County Open Houses: October 25, 2009

If you are looking to buy a home in Nashville, Davidson County, or Williamson County, take advantage of all of the Open Houses this weekend. Below is a list of Open Houses sorted by price, including information (pictures, square footage, acreage, etc.) to help you narrow down your search and make the most of your time. Please let me know if I can help you set up a private showing for these, or any other listing (615) 509-7000.

Davidson County Homes
Williamson County Homes
Davidson County Condos
Williamson County Condos

Little House on the Prairie vs. Stop and Stare: Updating Exterior Paint Colors

Whether you're trying to sell your Nashville home, or are looking to make an easy update to your current home, there is no easier way, than with a can of paint.

Updating the exterior paint color of your home can make a HUGE difference in the way that potential home buyers view your property. Most home buyers make a decision on a home in the first 30 seconds, you need to make the most of this time. Take for example to two photos below. Notice the house on the left, basic white, nothing special, you’ve most likely seen a million homes similar to it. By updating the paint colors, the property immediately looks more inviting, you want to go inside, and so will potential buyers.

Compare the houses below, and see the difference a can of paint can make.

Home Staging: What’s the Deal?

I get asked this question a lot, should I spend the money to stage my home, and my answer is yes, especially, if your home is vacant. Many potential buyers have a hard time visualizing furniture placement, staged homes also give home a "lived in" feel, and people feel more comfortable knowing that. Non-staged homes typically remain on the market 80% longer than those that are not staged. Staged homes typically sell for 17% more money than their un-staged counterparts (US Housing & Urban Development). Below is a chart of the most common staging projects, and their typical return.

FREE Home Buying Classes in Nashville

The Anderson Group of Keller Williams Realty Green Hills is launching a series of Homebuyer Seminars for home buyers to learn the ins and outs of buying Nashville real estate. The workshop is free of charge to the public and several will be held at the following dates, times, and locations:

At the Green Hills Branch Public Library, located at 3701 Benham Avenue, 37215:
Saturday, October 24, 2009 10:30am to noon
Tuesday, October 27, 2009 6:00 to 7:30pm
Wednesday, November 4, 2009 6:00 to 7:30pm
Wednesday, December 2, 2009 6:00 to 7:30pm

At the East Branch Public Library, located at 206 Gallatin Road, 37206:
Tuesday, November 17, 2009 6:00 to 7:30pm

These seminars are designed to educate today's buyers on relevant issues in the home-buying process. Topics include understanding today's buying process, mortgage options, the value of inspections before you buy and much more. Licensed, experienced professionals in the respective fields will present the topics and refreshments will be provided. Seating is limited. Anyone interested in purchasing Nashville real estate, including first time home buyers and renters who want to explore the home ownership process, will benefit from this event. For more information, to request a flyer or to register, call The Anderson Group, Keller Williams Realty Green Hills, at (615) 425-3952.

Davidson & Williamson County Open Houses for Sunday, October 18, 2009

If you are looking to buy a home in Nashville, Davidson County, or Williamson County, take advantage of all of the Open Houses this weekend. Below is a list of Open Houses sorted by price, including information (pictures, square footage, acreage, etc.) to help you narrow down your search and make the most of your time. Please let me know if I can help you set up a private showing for these, or any other listing (615) 509-7000.
Davidson County Homes
Davidson County Condos
Williamson County Homes
Williamson County Condos

Josh Anderson Voted Top 3 Real Estate Agents- 3rd Year in a Row

Josh Anderson was voted, once again, as one of the Top 3 Real Estate Agents in Nashville, based on reader polls from the Nashville Scene. This is the third year in a row that Josh has been voted as one of the Top 3 Real Estate Agents.

Josh works with home buyers and sellers in Nashville and Middle Tennessee. If you're looking to buy or sell your Nashville home, give Josh a call at (615) 509-7000 or Josh@JoshAndersonRealEstate.com to find out why he's been voted one of the Best Nashville Real Estate Agents for 3 years in a row.

House Extends $8,000 Tax Credit to Active Military for One More Year

On Monday, the House of Representatives unanimously to extend the $8,000 Tax Credit to all active military personnel, foreign service, and intelligence personnel for one more year, ending November 30, 2010. The bill now goes to the Senate, and is expected to pass with similar ease.

Rep. Charles Rangel (D-NY) presented the bill, HR 3590, stating that military personnel serving oversees this year didn't have the same opportunity to take advantage of the tax credit. To qualify, military personnel must have spent a minimum of 90 calendar days of the current calendar year oversees, as well as the original qualifications (see our older blog) for the tax credit. Furthermore, it does not require the borrowers to pay back the tax credit if they are deployed after receiving it. The current tax credit requires borrowers to pay back the tax credit if they do not OCCUPY the home within three years after receiving the tax credit.

There is no information on whether the $8,000 tax credit will be extended for ALL eligible borrowers.

We'll keep you updated on the Senate approval.

We're published! See our article in Young Money Magazine

Check out my article here, published in Young Money Magazine on "A Good Time to Buy a House" in the current economy.

What’s in it for me? Should I buy a home using a Realtor?

- It’s FREE. Typically, both buying and selling agent’s fees are paid by the seller.
- Your Realtor can help you narrow your search, by sending you selected homes that fit your criteria, saving you time, while keeping you up to date on newly listed properties. It’s like having a personal assistant.
- Your Realtor can help you negotiate. There are a plethora of negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment.
- Your Realtor can help you with performing due diligence. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few.
- Provide piece of mind. Your Realtor will make sure the closing process runs smoothly from offer acceptance through closing day.

Open Houses This Weekend: Oct. 11, 2009

Below are the links for the Open Houses for condos and homes in Davidson and Williamson counties. The open houses below are for Sunday, Oct. 11, and most are from 2-4. Please let me know if I can assist you in anyway.

Homes: Davidson County
Condos: Davidson County
Homes: Williamson County
Condos: Williamson County

Easy to Understand Video about $8000 Home Buyer Tax Credit

I came across this video this morning by the Tennessee Association of Realtors, and thought that it was the most concise and easy to understand information regarding the $8000 Tax Credit.

Show me the Money: How Much Should I Expect to Pay Up Front when Buying a Home

Wanting to know how much money you'll need upfront in order to buy your new home, here's a breakdown of some common costs most potential buyers will have to cough up.
- Earnest Money (Typically 1% of offer price) - Money needed to show the seller that you are sincerely interested in the property; usually 1% of offer price. If the offer is accepted, money is either used toward closing costs or if seller is paying closing costs, then money will be returned to you.
- Inspection Cost ($300-350) - Once the potential buyer and seller agree to a purchase price, an inspection is usually scheduled. An inspector will prepare a report based on his/ her findings of structural, mechanical, electrical, and plumbing components of the home. Most contracts are "contingent upon inspection" meaning that when the inspection report comes back, if the results are unsatisfactory, the potential buyer can revise the contract, protecting them from unforeseen repairs.
- Appraisal Fee($350-500) - An appraisal is typically performed by the bank; this cost may also be included in the Lender fees that are grouped into closing costs.
- Credit Report Fee ($25-35) - Used by the lender to establish mortgage rates, this cost may also be included in the Lender fees that are grouped into closing costs.
- Closing Costs (up to 3% purchase price) - This is the money the potential buyer brings with them in the form of cashier’s check on the day of closing. It is possible for the offer to be written, so that the seller pays all or a portion of the buyer’s closing costs.

Summary of First Time Buyer Tax Credit

· It applies only to first time buyers (defined as someone who has not owned a principal residence during the three-year period prior to the purchase) who purchase a home between January 1st, 2009 and December 1st, 2009.
· It is a refundable tax credit of 10% of the purchase price up to $8,000.
· The credit does NOT have to be repaid over time.
· No portion of the $8,000 credit is due upon sale of the home if the home is owned for more than three years.
· The credit is phased out starting at an adjusted gross income of $75,000 for individuals and $150,000 for those filing jointly.
· The credit will be claimed on the purchaser's income taxes. Any amount in excess of taxes owed will be refunded to the purchaser.
Need more info? Click here.

Open Houses for Sunday Oct. 4, 2009: Davidson & Williamson Counties

Below is the most comprehensive list of Open Houses for this weekend, including photos and information about each property. Most Open Houses are from 2-4 on Sunday Oct. 4. Please let me know if I can help you with any additional information about any home.

Davidson County Homes
Davidson County Condos
Williamson County Homes
Williamson County Condos

Loan Modification program

HUD and the Treasury Department have launched a new Web site designed to help consumers understand the administration’s loan modification program. The site is MakingHomeAffordable.gov.
The site offers a number of tools to help borrowers determine if they’re eligible to participate in the program. Borrowers can calculate the monthly mortgage payment reductions they could realize under the Obama program. A HUD statement said more than 2,500 loan servicers, investors, representatives of non-profits and housing counselors already have been briefed on the program to assist borrowers.

JOSHANDERSON RealEstateConsultant TheAndersonGroup cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054 Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215 www.JoshAndersonRealEstate.com Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

Buying a home after a divorce

Buying a Home After Divorce

When the love is gone, what do you have left? A new beginning. Divorce can emotionally, mentally, physically, and financially exhaust a person, but if you’re smart it doesn’t have to ruin you. Get ready to roll up your sleeves, because a divorce can easily get rough when finances are involved. Here are some things to help you find your way to home ownership after a divorce.
Before Divorce. If you have the foresight to see the end near, here are some key steps you can take before the papers are filed to ensure you are poised to own a home on your own.
Know your finances. With marriage comes financial entanglement. Your spouses financial status is effecting yours as well. If there are joint accounts, settle them. Make sure payments are up to date and close as many accounts as possible.
Know the law. Your states law will dictate settlements and responsibilities of each marital party. If you know there is no chance of reconciliation or settlement, get a lawyer.
Determine what you will do next. Create a budget based on what you will do once the divorce begins. Determine attorney fees, housing cost, personal expenses, etc.
Build credit. Get individual credit that will help establish personal credit. Depending on your spouses financial situation, your credit may change after the divorce.
During Divorce. So the bomb has dropped. Now what? Here is what you should keep in mind during your divorce.
Consider mediation. If a split is amicable, avoid the huge expense lawyers create during divorce. Save as much money in court cost so that both parties can benefit.
Keep the Lawyers to a minimum (if possible). During a divorce you must remember to treat the split as a business transaction. If you go into debt here, regardless of your settlement ,you are only hurting yourself. Lawyers, if unnecessary, are a wasted form of communication when you consider the fee. Lawyers should not be used for emotional counseling or personal messengers.
Understand your responsibilities. Know what you need to pay. Understand that any agreement not in writing is hard to uphold. For those interested in keeping the house after the divorce, understand that signing over a home may not exclude you from financial responsibility from the mortgage. Get this all settled before signing.
Buying a House during a divorce. Each state holds varying laws on what rights your ex may have on the purchase of a new property before the divorce is settled. Know the law before you proceed in order to safeguard your assets.
After Divorce. Unchained and starting over. With the past behind you, here are the first steps to take into your bright new home buying future.
Evaluate your current financial status. This involves investigating your current credit score, evaluating your finances, and developing a budget to see if you are capable of paying for a new home.
Get pre-qualified. Being Pre-approved for a home will make you more enticing to a seller or Realtor.
This assists you in preventing numerous inquiries while comparing lenders because such inquiries can appear negative to lenders.
All home buying rules still apply. Ensure your new home is a wise investment that has potential to gain equity, will resale easily, and is an accurate reflection of what YOU want. Follow regular home buying tips to make sure you are buying rationally.
Learn from your past. If your divorce caused you financial woes, evaluate what went wrong in order to safeguard yourself from repeating the same mistakes.
Divorce, sadly, has become a very normal occurrence for many people. A standard result of any divorce is the need for each separated party to start over, sometimes from scratch. The toughest challenges individuals face buying a home usually occur after a divorce. Frequently finances get jumbled together, credit reports may reflect the former spouse’s debt, and a reduction of a once two persons net income all prove to be difficult challenges. However; with proper planning and the right expectations, buying a new home should prove to be an exciting time symbolizing a fresh new beginning...

JOSHANDERSON RealEstateConsultant TheAndersonGroup cell: 615.509.7000
office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215

http://www.joshandersonrealestate..com/ Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

IRS form 5405: Buyer Tax Credit

From The IRS:The First Time Home Buyer Tax Credit Form!!


As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 -- better known as the First-Time Homebuyer Credit Form.
True to tax code standards, the 10-field form is accompanied by 3 pages of instructions.
Form 5405 is a helpful, go-to resource for home buyers with questions about the tax credit.
For example, the form distinguishes tax consequences for homes bought in 2008 versus 2009, and clearly defines the term "first-time home buyer".
In addition, Form 5405 highlights the math behind the tax credit. In general, the First-Time Homebuyer Credit is equal to the lesser of:
$8,000 for homes bought in 2009
10 percent of the home's purchase price
Married couples filing separately are entitled to half of the expected credit, and homes sold within 3 years are subject to a credit repayment in the year the home ceases to be the "main home".

Form 5405 is a comprehensive reference. However, be sure to check with your accountant for specific questions about your personal returns and how the First-Time Homebuyer Credit may impact your finances. There is no substitute for professional, paid advice.


JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate..com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

10 Reasons to own instead of rent(not what you'd expect)

We’ve all heard the familiar reasons to own instead of rent. “Build equity”, “invest in your future”, “stop paying someone elses mortgage”, “forced savings plan”, etc. I have constructed a list of own-not-rent motives that you may not have thought about.

10 Reasons to Own Instead of Rent (not what you’d expect)

We’ve all heard the familiar reasons to own instead of rent. “Build equity”, “invest in your future”, “stop paying someone elses mortgage”, “forced savings plan”, etc. I have constructed a list of own-not-rent motives that you may not have thought about.
10 (different) reasons to own a home instead of renting.
You can move in and out when you want to, you don’t have to wait till your lease is up.
No one has to approve the colors you paint your walls.
You actually could be paying less monthly in your own home than similar rentals. Enough to make a difference.
You don’t have to inform anyone that your living arrangement has changed.
Want new lighting fixtures? Not a problem.
Typically, your mortgage payment doesn’t ever increase, unlike rent. (Unless you get an ARM)
Staying in your home longer, means you can become more involved in the local community.
You don’t have to ask anyone to fix your shower head, just do it yourself.
Help build your credit by paying on time.
Most importantly: You don’t have to ask anyone if you can have a pet! Please Adopt
Are you a first time home buyer? call me to get started with my exclusive first time buyers packet.

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

8 BIG Mistakes that cost YOU money when buying your home

8 Big Time Mistakes
That cost you money when buying your home.
#1 Failing to use the services of an experienced REALTOR. Many times buyers avoid using the services of a REALTOR under the mistaken belief that it costs them money - or that they will be able to negotiate a better deal directly with the seller or seller's agent. This can be an expensive mistake.
If you are negotiating directly with the seller or seller's agent, you may not be taking advantage of the best deal available in the marketplace today! You can have your own REALTOR, a Buyer Broker or Purchaser's Agent, who is committed to using the experience gained through hundreds of successful negotiations for your benefit - at no charge to you! Your agent can be paid from the same commission that the seller's agent is paid from - by the seller.
Real Estate is a unique business, where an agent with one day's experience and no sales gets paid the same as an agent with several years experience and hundreds of successful sales. An experienced agent can help you avoid the other costly mistakes outlined here, and make your home buying experience an enjoyable, stress-free one!
#2 Not knowing who the agent is really working for. It is important for buyers to know and understand for whom the agent helping with the house hunting is actually working. The agent may be working as a sub agent - representing the seller's best interests during negotiations - or as your agent representing your best interests during negotiations. If you are not sure who your agent is working for - ask for clarification. Your REALTOR must fully explain agency. When negotiations commence, wouldn't you want to know whether information you divulge will be used for the seller's benefit - or your's?
#3 Failing to have a Comparative Market Analysis prepared before offering. Before you make an offer to purchase that special home, you must have a good idea what the market value is to ensure you do not overpay. Your agent can prepare a Comparative Market Analysis showing what similar homes have recently sold for, and the difference between the asking and selling prices. This is the same type of report the seller receives when deciding on an asking price. Wouldn't you like to have access to the same information as the seller?
#4 Failing to recognize different negotiating styles and strategies. Many buyers think that the way to achieve a fair purchase price is by offering low. This is the strategy of the buyer who is not in possession of all the facts essential to negotiating the best possible deal. Many times that type of strategy will polarize negotiations and lead to inflexibility on part of the seller - or worse yet - failed negotiations!
If you have chosen your REALTOR wisely, the most effective strategies for this particular situation will be revealed to you. Remember, in the real estate business, an agent with many successfully closed transactions usually costs the same as someone who is inexperienced. That experience could mean a better deal at the negotiating table with a minimum amount of hassles.
#5 Failing to have the home inspected by a competent home inspection company. Buying a home is a major purchase usually made after spending just half an hour looking at the home. Isn't it worth ensuring you will not be surprised later with deficiencies costing thousands? Your REALTOR can recommend several reputable companies for you to choose from, and will ensure the appropriate clause is inserted in the offer.
#6 Not knowing and understanding your rights and obligations set out in the Offer To Purchase. It is important to understand completely the terms of the Offer to Purchase. Wrong assumptions, poorly written or missing clauses, and not understanding how the clauses affect the purchase, can lead to increased costs or a void contract. An experienced REALTOR can thoroughly explain the agreement to you and help you to fulfill your contractual obligations.
#7 Letting emotion blind reason. Buying a home is an exciting time and is usually an emotional decision. It is important that those emotions be validated by facts and reason. An experienced agent will help to remove the emotion from the negotiating process and provide you with the information you need to make the right decisions.
#8 Failing to take the steps to be financially pre-qualified, and having an interest rate guarantee before looking at homes. Knowing how much you can comfortably afford will ensure you are looking in the right price range and prevent you from buying a home that will strain you financially and emotionally. Having an interest rate guarantee will protect you in times of fluctuating rates and ensure that your initial projected payments do not suddenly escalate, resulting in extra interest charges. An experienced REALTOR can help you initiate this process and can also recommend alternative sources of financing.

Being aware of these Big Time mistakes will help ensure you receive best value for your dollar when the time comes to buy your home!

JOSHANDERSON RealEstateConsultant TheAndersonGroup
cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215

www.JoshAndersonRealEstate.com
Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

5 Reasons Why Now is a GREAT time to be a 1st Time Home buyer

5 reasons why I think now is a great time to be a first time homebuyer:

5.) Selection: There are a lot of homes currently on the market to choose from. The large selection gives buyers a lot to look at and compare other homes with; which increases the chances of finding the right home for you.

4.) Low Interest Rates: Need I say more? Low interest rates can be great when it comes to your monthly payment. Rates are so low right now that you may even be able to afford a 20 or 15 year mortgage vs. a 30 year!

3.) Loan Options: There are several different types of loans that a buyer may qualify for. Some FHA Loans offer 100% financing! There are also Rural Development loans, VA loans and conventional loans. Talk to your banker to see which loans you may quality for.

2.) Competitively Priced Homes: Due to the large selection of homes on the market, many sellers are pricing their homes very competitively. Does this mean they'll give their home away - probably not. But, it's important that both buyers and sellers understand that homes are still selling if they're realistically and competitively priced.

1.) First Time Homebuyer Tax Credit: With the new first time homebuyer tax credit you may qualify for a tax credit up to 10% of the cost of your home (up to $8,000). For more information you can visit: www.federalhousingtaxcredit.com

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

Find me on twitter: www.Twitter.com/RealtorJosh

Nashville Real Estate

Welcome to your #1 source for Nashville Real Estate, including Davidson and Williamson County!

Would you trust a novice with one of the most important financial transactions of your life?
Of course not – when it comes to buying or selling property in Middle TN, you would absolutely insist on working with an experienced professional who brings to the table assets such as:
*The successful completion of hundreds of real estate transactions in the Middle Tennessee real estate market
*A stellar reputation and a vast knowledge of Nashville, Brentwood, Franklin and the surrounding areas.
*Realtors who are seasoned in the sale and purchase of investment properties
*Local experts who know the ins and outs of communities like Brentwood, Cool Springs, Belle Meade, Green Hills, Franklin, and more
Trust the professionals at The Anderson Group with Keller Williams Realty to assist you with all your Nashville Real Estate needs!
If you’re looking for a sound real estate investment, look no further than Middle Tennessee and especially Nashville real estate. Properties in this region have enjoyed a steady growth throughout the past ten years and experts anticipate that this trend will continue into the foreseeable future.
Here at The Anderson Group, we stay on top of trends in area values – we won’t steer you wrong.
Click on any of these links to learn more about Nashville schools, mortgages, inspections, and homeowners insurance today.
In the Market for Nashville Luxury Homes and Condos?
You won’t find a bigger selection of luxury homes, townhomes and gorgeous condos than what’s available through Josh Anderson of The Anderson Group . We are experts in buying Tennessee Resort Property, TN Waterfront Property, Luxury Waterfront Homes, TN Retirement Property, Middle Tennessee estate homes, downtown Nashville condos and Williamson County real estate. Don’t trust just anyone for an important purchase like this – instead, let Nashville's best Realtors go to work for you. From first-time condo buyers in downtown Nashville to seasoned real estate investors looking for an estate home in Brentwood, our team of Realtors will surpass your expectations. Let us handle your real estate transaction from start to finish, with our comprehensive Nashville MLS search. We are your #1 Realtor in Nashville and we can assist you with everything from locating and valuing residential investment properties, to building wealth portfolios, and arranging luxury property management.Contact us today!

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

**First Time Homebuyers**

Many call it the American dream, but home ownership can become a nightmare for first-time buyers who aren't prepared.Many buyers get trapped in homes they can't afford because of expensive mortgages that may be Adjustable Rate(ARM), interest -only, or negative amortization. As you may know, I am a real estate consultant with Keller Williams in Nashville, TN.
I think There is a need to educate first-time home buyers because they can be victimized by predatory lenders.Buying your first home can be a little scary because it's probably the biggest investment you've ever made, but if you are educated by your Realtor with information when you see a loan officer, you're not as likely to get into something that's not right for you or that you will not be able to afford down the road.Here's some advice on what first-time buyers should do before purchasing a home:Check your credit rating: The average credit score in the U.S. is 678. Beome familiar with what's on your credit report because you will use it for big purchases and many people are surprised when they see it for the first time. Your credit is affected in a lot of different ways as well.Credit ratings are used by lenders to determine what interest rate to charge for a mortgage, but not all are accurate. Sometimes bad debts from one person are listed on the credit report of another person with the same or similar name, which can lower a credit score.Besides mistakes, delinquent debts also can drag down credit ratings. Fix your credit as soon as you can because you get better rates for having a better score!Pay off bills: Lenders consider all forms of debt when determining how much to lend for a home loan, so buyers can qualify for higher mortgage limits if they first pay off other loans. Never make a big purchase, such as buying a new car, when you are about to buy a home.Mortgage lenders typically reduce home loan limits by $10,000 for every $50 a couple owes in minimum monthly payments for credit cards or car loans. Couples who owe $500 a month in credit and car payments, therefore, can have their mortgage limits slashed by $100,000.Calculate what's affordable: Home shoppers routinely are advised to get prequalified for a mortgage so they know how expensive a home they can buy.But just because a lender says they're qualified for a certain size loan doesn't mean buyers can afford the payments. Always try to get Pre-approved instead of Pre-qualified!Lenders should look at debt-to-income ratios to determine what people actually can afford to pay every month. This should not exceed 28%.I think home buyers should fill out a detailed monthly income and expense record.Just because a mortgage broker says a couple qualifies for a $2,500-a-month loan payment doesn't mean they have that much to spare.Most first-time buyers don't realize that in addition to paying for the principal and interest on their loan, they also will have to pay property taxes, mortgage insurance and probably more for water, sewer, electricity and gas than they did as a renter.Be responsible and never buy more house than you really can afford. Just because you are approved for $250,000 does not mean you have to spend that amount. Stay within your means. Do the math. It's smart to figure out what payment you can live with comfortably.Research loans: Many people think they're getting great loans, but a lot of times they are not. Many mortgages will stick you with hidden fees until yo uget to the closing table or some type of adjustable fee or penalty, so be careful to go with a reputable lender.Some mortgages require buyers to pay 4 percent of the loan in advance in the form of "points," even when the buyers' credit scores qualified them for upfront payments half that high.Many buyers also get confused when getting funding from a combination of mortgages, like a first loan that covers 80 percent of the debt and a second loan that covers the remaining 20 percent.The second loan always has a higher interest rate than the first loan because it's more risky for the lender, but it gets you out of paying the PITI (principal, interest, taxes, and Insurance)Two loans aren't always necessary. Buyers with a credit score of 680 or higher should be able to get 100 percent financing with one mortgage at a good rate.I think borrowers should be wary of adjustable-rate loans and those that require interest-only payments.Pick an agent: Not all real estate agents are equally talented or committed to helping first-time buyers. Some agents do not care or do not want to educate buyers, but this is very important at all stages, particularly for first time homebuyers! There is a learning curve with homebuying and you need to learn and know all the steps. Many first timers do not know what earnest money is and do not understand the purpose, but it is a consideration and it shows the seller that you are serious about buying their property. The higher the earnest money amount, the more serious you look. Typically, you offer 1% of the asking price, but if it is a hot market, you may want to offer more because there will be many offers on the table.Shop for a home: Start with a condo if you have to and work your way up from there. This is not your forever and ever home, just a starter. You need to realize this is your first home. It is your foot in the door. After you build up equity, then you can move up.Make deal contingent: Before signing any purchase contract buyers should make sure it lets them get their down payment back if something goes wrong.These contingency clauses should include a requirement that the home pass an extensive home inspection as well as financing.Shop around for a good home inspector and be present during the inspection. Your agent should have a list of inspectors, lenders, title companies and anything else you may need. Be present during the inspection if yo ucan and if not, have your agent present. Avoid using any inspector recommended by the seller or the seller's agent.Buyers also should be able to get their down payment back if the appraised value of the house shows the sales price was too high.Read everything: Loan documents and sales contracts typically are extensive and complicated. You must read your documents. If you don't understand everything, it's OK to get someone to explain it to you.Compare what you were told would be in the documents -- interest rates and loan conditions -- with what's printed.Ask question...do not be embarrassed. Buyers also should be wary of verbal promises that aren't included in the contracts. If it's not in writing, it doesn't exist!Expect closing costs: Even if a 100 percent loan has been arranged, buyers typically must come up with some cash for required fees.You should have at least 3 percent of your loan amount available to cover closing costs. Some mortgages will allow you to wrap it into your mortgage, but if you cannot afford the 3%, my opinion is that you should not be buying a house!I recommend buyers have at least two months worth of mortgage payments in reserve to cover emergencies as well.
FOR MORE INFORMATION: Call me at 615.509.7000 or visit my website at www.joshandersonrealestate.com

Top 25 market Forecast shows Real Estate Stabilizing

The Top 25 Housing Predictor U.S. Market Forecast for 2007 shows a growing trend of local real estate markets that are stabilizing with thirteen states represented in the annual forecast. Housing Predictor is an information driven website, providing independent local housing market forecasts for all 50 U.S. States.

Battling back from the headlines New Orleans, Louisiana is Housing Predictor’s # 1 pick to appreciate the most in 2007. Despite the loss of nearly half of its residents, the Big Easy has a booming real estate market that is growing almost daily and is forecast to appreciate 8.4% in 2007.
The fixer-upper has become the new major commodity in New Orleans real estate as investors move into the market to repair homes and apartments damaged in the wake of Hurricane Katrina more than at any other time in a natural disaster in the U.S. More than 150,000 homes were damaged or destroyed by Katrina, which hit in August of 2005.
The spirt of the people in New Orleans is becoming less tarnished in the aftermath of the storm. New Orleans has always had a spirit of revelry and showmanship, especially during Mardi Gras. It may have also been given a boost in the form of the New Orleans Saints NFL football team, which has had its best season in years.

Houston, Texas, a city which has been besieged by scandals with Enron and other companies is transforming into a strong real estate market for the first time in more than a decade. Houston is forecast by Housing Predictor to appreciate 7.3% in 2007 to place second in the forecast.
The nation’s southern states are under going the largest growth in history as a migration from colder northern states to the sun-belt quietly reaches near fever pitch. Arkansas, Alabama, Texas and Tennessee are adding more new residents than ever before. Little Rock, which was once a slumbering community has more new businesses moving into the area than ever and will hit 7.0% in home appreciation in 2007, according to Housing Predictor.

Nashville, Tennessee, recognized as the Music City is playing on its own good fortunes as a growing metropolitan area, which along with Odessa, Texas has some of the most affordable housing in the nation and will both hit 6.9% in appreciation by year’s end.

The Top 25 markets represent slightly more than a quarter of the nation’s states. All 13 states have local real estate markets that are appreciating strongly.
In the west, Washington state and Utah have real estate markets that are showing appreciation, which demonstrates how real estate unlike other investments is effected by local regional market economic and political factors.
In Albuquerque, New Mexico the sales of homes and condos had slowed for a few months only to pick back up again as more and more new employers moved to the area. Albuquerque is a growing urban center, which is forecast to appreciate another 6.5% in 2007.

But of all the places that made the annual Top 25 markets list Brownsville and Austin, Texas are two of the strongest U.S. real estate markets. Just a few short years ago after a high tech boom went bust Austin lost population, but a renewed economy and more computer companies moving into the area have pushed the city into a booming economy again and it will score a forecasted 6.1% in appreciation in 2007. Brownsville, which is in seventh place on the list is perhaps the best place to find the least expensive housing in an urban center in the U.S.

Mike Colpittshttp://www.articlesbase.com/real-estate-articles/top-25-market-forecast-shows-real-estate-stabilizing-92241.html

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

2008 mls data from Davidson County

Davidson County MLS Data - 2008


According to the MLS, Davidson County as a whole saw 6,923 residential sales in 2008 averaging a sold price of $220,313 in 74 days. Of that total 4,315 were in Nashville with the remaining 2,608 in other Davidson County areas. The average size of the homes were 1928 sf with 3 bedrooms 2 baths. We’ll look here at the top selling subdivisions in Davidson County cities, and then add in Nashville separately in its own post.


Antioch TN real estate sales
Antioch residential real estate sales totaled 967 in 2008 at an average price of $143,846 with 77 days on the market on average. The number of homes sold is down from 1,345 in 2007. Top selling Antioch TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Lakeside Cove - 34; $170,690; 30 days
2. Summerfield - 28; $196,689; 51 days
3. Asheford Crossing - 27; $148,558; 112 days
4. Peppertree Forest - 26; $108,788; 79 days
5. Old Hickory Hills - 25; $151,711; 81 days
6. Village of Long Hunter - 24; $129,684; 57 days
Other neighborhoods with between 15-23 sales in 2008 were: Barnes Cove, Cambridge Forest, Cherry Hills, Hamilton Chase, Harvest Grove, Hickory Woods, Lake Walk, Maxwell Place, Oak Highlands, October Woods, Towne Village, Preserve at Old Hickory, Towne Village and Piccadilly.


The most expensive neighborhood on average in Antioch was Barnes Bend averaging $309,085. Barnes Cove averaged $256,267, Berkeley Hall averaged $249,600, Apple Valley averaged $242,110 and Blue Hole Pointe at $241,000.
Brentwood TN (Davidson) real estate sales
Brentwood residential real estate sales totaled 152 in 2008 at an average price of $338,897 with 76 days on the market on average. This total number sold is down from 202 in 2007. Top selling Brentwood TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Concord Place - 17; $221,692; 33 days
2. Hearthstone - 11; $305,778; 86 days
3. Banbury Crossing - 10; $328,500; 36 days
4. Autumn Oaks - 10; $240,436; 64 days
5. Copperfield - 10: $275,590; 81 days
6. Sterling Oaks - 9; $279,222; 90 days
Hermitage TN real estate sales
Hermitage residential real estate sales totaled 430 in 2008 at an average price of $182,586 with 73 days on the market on average. This total number sold is down from 563 in 2007. Top selling Hermitage TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Hermitage Hills - 46; $128,393; 66 days
2. Bridgewater - 41; $270,951; 25 days
3. Truxton Park - 17; $161,350; 53 days
4. Jackson Retreat - 14; $136,892; 64 days
Other neighborhoods with a reasonable number of sales were: Hampton Hall, Highlands of Tulip Grove, Hermitage Estates, Hermitage Meadows, Chesney Glen and Tulip Grove.
Cane Ridge TN real estate sales
Cane Ridge residential real estate sales totaled 183 in 2008 at an average price of $207,776 with 67 days on the market on average. The total number sold is up from 167 in 2007. Top selling Cane Ridge TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Sunset Hills - 40; $200,353; 51 days
2. Rivendell Woods - 34; $167,183; 70 days
3. Deer Valley - 16; $248,877; 55 days
4. Oak Highlands - 15; $205,898; 93 days
5. Hidden Creek - 15; $188,682; 57 days
Goodlettsville TN real estate sales
Goodlettsville residential real estate sales totaled 137 in 2008 at an average price of $158,071 with 75 days on the market on average. The total number sold is down from 167 in 2007. Top selling Goodlettsville TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Ivy Hill - 17; $179,089; 92 days
2. Gatewood - 15; $122,663; 64 days
3. Windsor Green - 14; $137,932; 57 days
Old Hickory TN real estate sales
Old Hickory residential real estate sales totaled 188 in 2008 at an average price of $164,022 with 73 days on the market on average. The total number sold is considerably down from 439 in 2007. Top selling Old Hickory TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Villages of Old Hickory - 30; $135,981; 66 days
2. Hampton Park - 18; $160,350; 71 days
3. Waterford - 18; $142,177; 65 days
4. Sherwood Forest - 11; $131,791; 49 days
Madison TN real estate sales
Madison residential real estate sales totaled 355 in 2008 at an average price of $118,109 with 85 days on the market on average. The total number sold is down from 493 in 2007. Top selling Madison TN neighborhoods in 2008 (subdivision, number sold, average price, average days on market) include:
1. Cumberland Station - 24; $152,626; 94 days
2. Rainbow Terrace - 11; $79,952; 64 days
3. Heron Walk - 10; $71,330; 72 days
4. Forest Park - 10; $71,330; 72 days
Ashland City only had 4 sales in 2008 and averaged $89,500 sales price. Joelton had 41 sales in 2008 averaging $174,429. Mount Juliet (Davidson) had 11 sales averaging $283,528. Pegram had 5 sales averaging $196,200. Whites Creek had 34 sales averaging $176,775. Nolensville (Davidson) had 58 sales averaging $267,773 which were mostly in Burkitt Place neighborhood (with a handful in Carothers Crossing). Most of the 2007 numbers were similar in these cities, except Nolensville and Mount Juliet which were down by almost 1/2 in 2008 compared to 2007.

I can help you if you are relocating from out of state, if you are relocating to Nashville, Franklin, or Brentwood for your new job in Middle TN. I specialize in Williamson County and Davidson County areas. http://www.idxre.com/idx/co/searchProfile.cfm?ll=1&cid=37326

New in town meetup group http://newintown.meetup.com/890/

http://kwgreenhills.yourkwoffice.com/

www.NashvilleChamber.com

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054

Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215

www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

find me on TWITTER at: www.Twitter.com/realtorjosh

How to find YOUR HOME in Nashville, TN

Are you currently living in Nashville TN? Are you considering a move to Nashville, Tennessee or the Middle TN area?
I can help you if you are relocating from out of state, if you are relocating to Nashville, Franklin, or Brentwood for your new job in Middle TN. I specialize in Williamson County and Davidson County areas. http://www.idxre.com/idx/co/searchProfile.cfm?ll=1&cid=37326

New in town meetup group http://newintown.meetup.com/890/

http://kwgreenhills.yourkwoffice.com/

www.NashvilleChamber.com

if you have concerns about school systems, crime, safety or need any other information about the Nashville Real Estate market, please do not hesitate to call or email me.


JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

find me on TWITTER at: www.Twitter.com/realtorjosh

10 EASY ways to boost proeprty value

10 Easy ways to boost property value

Here is an article from Lowe's Inside Out monthly newsletter. Happy March!

"In like a lion, out like a lamb"-that's the saying, right? How about, "in with spring cleaning/gardening, out with winter mess?" From landscaping to simple planting, take inventory of your outdoor needs and take on a project or two... you might just enjoy it!

To assist you with some of these needs, stop by your local Lowe's or visit www.lowes.com to find essential tools to help you weather the holiday season.

10 Easy Ways to Boost Property Value
Homeowners play an important part not only in how their home is perceived by prospective buyers, but also its actual appraised value. To help sellers better maximize their profit potential, Robert Jenson, CEO of The Jenson Group at RE/MAX CENTRAL, offers 10 tips for readily increasing a home’s worth:
1. Paint the exterior - A fresh coat of paint can give even a relatively new home a much needed facelift, and can often be done for as low as a few thousand dollars. Select a neutral tone that is consistent with other residences in the neighborhood. Also be sure to pay close attention to eaves, gutters and drains that may also need painting.

2. Complete all needed repairs - To maximize a home’s worth, it should be in good condition both inside and out. Don’t wait until there is an offer on the home. Hire an inspector now, and fix any and all problems, such as roof deficiencies, leaky plumbing and electrical concerns.

3. Purchase a home warranty - Establish peace of mind that comes with knowing a home and its contents are adequately covered in the event of a loss. A transferrable home warranty protection plan can provide added security to the home owner - and buyer - in this regard.

4. Furnish the home to sell - Appeal to the buyer’s emotion. Furnishing a home can go a long ways to getting your home sold, actually increasing the odds of it selling. Give buyers the option to procure the property with or without furnishings, and have a pre-established sale price set for either scenario.

5. Upgrade front yard landscaping - Curb appeal plays a big role more so than people realize. Potential buyers driving the neighborhood may never call on the For Sale sign, if your home doesn’t look appealing from the outside. As well, buyers waiting for their Realtor to show up will often spend a good amount of time critiquing the landscaping while waiting. In addition to purposeful foliage, add landscape lighting and a weather and soil moisture-based landscape irrigation scheduling device to boost value even more.

6. Create a quick kitchen makeover - Kitchens are one of the number one room in the home where you’ll get the most bang for your remodeling buck. Countertops and appliances are the quickest fix, as are faucets, fixtures, door knobs and other easily changed items that can have a large impact on the space.

7. Think spa, not bathroom - The master bath is an important factor in a home’s worth. Think spa, or private sanctuary, where the master bath is concerned. A space meant to be relaxing, rejuvenating and more. Give buyers something to be excited about with upgraded faucets, fixtures, lighting, cabinetry, mirrors and the like. Then dress it up with plants, candles and other inexpensive, high impact décor.

8. Install soft and hard window treatments - There’s nothing more boring than a plain window. Take advantage of this easy opportunity to give the home’s interior design more impact, while also increasing the home’s actual worth. In addition to “hard” treatments such as blinds and shutters that offer privacy, also add soft treatments hung from decorative fixtures, which can alter the appeal of a room entirely. Look to a professional to ensure the best outcome.

9. Replace carpet rather than just cleaning - Rather than simply steam cleaning old, used carpet, replace it with fresh, neutral-toned carpet with an upgraded pad for an extra luxurious feel. Spending the extra money on new carpet will really make your home stand out from the crowd, in sight, feel and even smell.

10. Don’t overlook your closets - The better organized a closet, the larger it appears and the better it reflects on a home overall. Now is the time to box up those unwanted clothes and shoes and donate them to charity. Then, invest in a closet organization system - either by a professional or self-installed - which will positively impact the appraisal.

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

Find me on Twitter at http://twitter.com/realtorjosh

NOW is the BEST time to buy real estate!

Now is the best time to buy real estate

Why is now the best time to buy?

Answer: Prices are down (lowest in years), interest rates are down (again lowest in years), and first-time home buyers receive a tax credit if they purchase a home this year. It's a no-brainer.

Call me for any of your Nashville Real Estate needs or if you would like me to send listings that fit your search criteria.

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
http://www.joshandersonrealestate.com/

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor

$8000 Tax credit simplified!

$8000 Tax Credit (1st Time Home Buyers) SIMPLIFIED

There is a lot of confusion about the new $8,000 tax credit for first time home buyers. Hopefully this will provide clarification.
Initially, there was a $7,500 tax credit (which had to be paid back over 15 years) for first time home buyers who purchased between April 9, 2008 and December 31, 2008.
With the new economic stimulus bill, there is a new tax credit for first time home buyers who purchase a home between January 1, 2009 and November 30, 2009. December 1 is too late.
This new credit, unlike the former, will only have to be repaid if you sell the home within 3 years, otherwise it is a true credit.
It is important to note that the credit is 10% of the purchase price, up to $8,000, so if you purchase a home over $80,000 you will receive the entire $8,000 and if you purchase a home under $80,000 you will receive less.
Eligible properties are any single family residence that will be used as a principle residence.
This is a refundable credit, meaning if you were supposed to receive a $500 refund on your taxes, you will now receive up to $8,500 as a refund!!! If you owe money on your taxes, you can use the credit to offset that responsibility.
Income limits are as follows: The full amount of credit will be available to individuals with adjusted gross income of no more than $75,000 and joint filers with adjusted gross income of no more than $150,000. A partial credit will be given to individuals making between $75,001 and $95,000 and joint filers making between $150,001 and $170,000.
You must be a first time home buyer, defined as anyone who has not owned a principle residence in the last 3 years.
If you purchase your home this year, and you've already filed your taxes, you can amend your tax return and claim the credit NOW!!!!
For more info, contact me at 615.509.7000 or email me at Josh@JoshAndersonRealEstate.com comment below or visit www.JoshAndersonRealEstate.com

JOSHANDERSON RealEstateConsultant TheAndersonGroup

cell: 615.509.7000 office: 615.425.3952 fax: 615.690.9054
Keller Williams Realty, 30 Burton Hills Blvd. Ste. 175, Nashville, TN 37215
www.JoshAndersonRealEstate.com

Connect with me on LinkedIn! http://www.linkedin.com/in/nashvillesrealtor