Foreclosures & REO

Rare Foreclosure in Belle Meade

March 11, 2010 by admin · View Comments 

The downturn in the economy has reached the Belle Meade area of Nashville resulting in a foreclosure of a 3,250 square foot renovated home. The home was originally built in 1940 and is located in the Highlands area of Belle Meade at 308 Page Road. The Kemps had purchased this property for $581,830 on 2/11/2005 [...]

What’s Wrong with Hampton Reserve in Brentwood?

February 20, 2010 by admin · View Comments 

I’m not sure that anything is wrong with Hampton Reserve, but there is certainly something wrong with the high end housing market in Brentwood…BUT, that’s only if you are a seller. If you are a buyer who has always wanted a McMansion in a gated neighborhood, break out the drool bib because your day has [...]

A Few Favorite Nashville Foreclosures & Short Sales

February 19, 2010 by admin · View Comments 

For those of you who missed out on the incredible 1 bedroom condo foreclosure in the Encore (the first ever) or the record setting one in the Enclave (all time record), I thought that I might share a couple of my current favorites:
Short sale in the Icon in the Gulch – this is one of [...]

12 Days of Christmas Song Foreclosure Style

December 22, 2009 by admin · View Comments 

Well, all I can say is that it is sort of true, but certainly funny and sadly relevant. Merry Christmas and enjoy a little twisted humor! (does have sound)

Tennessee Mortgage Delinquencies and Foreclosures

December 9, 2009 by admin · View Comments 

Mortgage delinquencies and foreclosures were weak in the second quarter. According to Tennessee Housing Market, a publication of MTSU’s Business and Economic Research Center, “The continued weakness in mortgage loans is a consequence of the financial stress Tennessee households are experiencing as unemployment rises and household incomes fall. Mortgages past due in Tennessee rose to 10.33% [...]

Nashville Mortgage Rates Approach Record Lows

October 6, 2009 by admin · View Comments 

Nashville mortgage rates approach record lows! Freddie Mac reports that the average interest on a 30-year fixed mortgage fell to 4.94 percent during the week ending October 1st, the first time since May that the firm’s survey has slipped below 5 percent. The rate on 15-year fixed loans, meanwhile, dropped to an all-time low of [...]

Rolling Mill Hill Foreclosure Auction

September 22, 2009 by admin · View Comments 

Rolling Mill Hill’s three condo buildings will be sold to the highest bidder at foreclosure auction at 10 a.m. Sept 24, 2009. The auction will be held on the Metro Nashville courthouse steps located at 1 Public Square in downtown.
The development had been a centerpiece of MDHA’s redevelopment of the old Metro General Hospital site. The agency sold [...]

Brentwood Homes Short Sale and Grant Hammond

September 11, 2009 by admin · View Comments 

This article entitled “High-end homes take a hit” appeared in the Williamson AM on September the 11th, 2009. The author is Nancy Mueller:
BRENTWOOD - Short sales and foreclosure sales are now being seen in some of Williamson County’s most expensive neighborhoods.
During the first week of September, there were four short sales available in the Governor’s Club, plus one foreclosure. [...]

Short Sale in Brentwood’s Hampton Reserve

August 27, 2009 by admin · View Comments 

When you think of Brentwood’s Hampton Reserve most of us think of the 2004 parade of homes and the amazing opulence of the custom built multi-million dollar homes. It was the first time that I had ever seen a full size golf simulator, wet sauna, 20 foot mahogany bar and poker room in someone’s basement. [...]

Short Sales and Foreclosures in the Governors Club

August 13, 2009 by admin · View Comments 

It may sound strange to hear, but the Governors Club in Brentwood has become a ground zero for foreclosures and short sales. Currently, there are 44 homes listed on the market for sale, 5 of which are either a short sale of a foreclosure. However, the general trend has been for the less expensive homes [...]

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