Foreclosure in The Governors Club in Brentwood!

May 16, 2008 by admin · 2 Comments 

This is really the first foreclosure that I have seen in the exclusive Governors Club in Brentwood, Tennessee. It was originally built by Turnberry Homes in 2004 and is their very popular Newcastle open floor plan. It is a 5 bedroom, 4.5 bathroom, 3 car, 4,819 square foot Mediterranean style house on an acre. The [...]

Franklin Builder Has Inventory Reduction Sale

May 12, 2008 by admin · Leave a Comment 

Attached below is an Internet add being run by Deer Creek Construction of Franklin, TN. It is an inventory reduction sale much like the relatively unsuccessful inventory sale Tennessee Valley Homes tried a week ago. I say that the sale was unsuccessful, but Tennessee Valley did manage to sell several of the 22 homes. The [...]

WSJ Reports Slowing Mortgage Delinquencies

May 1, 2008 by admin · Leave a Comment 

“The subprime mortgage market still is getting worse each month, but there are some indications that the massive problem of borrowers falling behind on their loans may be moderating. Data provided recently to holders of securities backed by subprime mortgages showed that the number of borrowers who were delinquent on their home loans rose at [...]

Foreclosure Opportunity in the Green Hills Area

April 25, 2008 by admin · Leave a Comment 

These 2 town homes were foreclosed on by the bank a while ago and have been finished by the bank. Each side of this property is a 3 bedroom, 2.5 bathroom, 2 car, 2,709 square foot separate town home that features hardwood floors, granite counters, and even a stacked stone outdoor fireplace. It is a [...]

Foreclosure Estate Home in Brentwood, TN – Hampton Reserve

April 18, 2008 by admin · 1 Comment 

A local bank has foreclosed upon a $1+ million dollar home in the Hampton Reserve neighborhood in Brentwood, TN. Brentwood is one of the most affluent areas in Tennessee and is located in Williamson County (the top ranked county in Tennessee for schools, income, quality of life, etc.). Brentwood is located 11 miles due south [...]

Leipers Fork Estate Home Foreclosures

April 16, 2008 by admin · Leave a Comment 

Recently a local bank has foreclosed on two $1+ million estate homes in the Leipers Fork area of Franklin, TN 37064. For those of you not familiar with Leipers Fork, it is best described as a sleepy estate home town with rolling grassy hills, lazy streams, and the town Sherriff with a bubble gum machine [...]

The Best Places To Buy Foreclosed Property

March 24, 2008 by admin · Leave a Comment 

Last week, Forbes.com published a news story identifying the 10 “Best Places To Buy Foreclosed Homes.” The nation’s 100 largest metro areas were studied in the process of selecting the Top 10. Basing their analysis on recent data from RealtyTrac, the report identifies markets where properties in foreclosure may, in fact, be a good investment [...]

The Media Vs. The Real Estate Market

November 11, 2007 by admin · Leave a Comment 

With all of the doom and gloom on the nightly news, this question has to be asked: Is the news media creating an artificially bad real estate market? Is the news media at least responsible for making a bad situation worse? I believe that the answer has to be a resounding yes. Let me start [...]

How Will Subprime Loans Affect Nashville?

March 28, 2007 by admin · 1 Comment 

If the doomsayers are correct, as many as 2.2 million subprime borrowers are at risk of defaulting on their home loans and losing their homes. As foreclosures rise and credit tightens, housing markets across the nation may suffer – though some are clearly more vulnerable than others. According to First American Loan Performance, a leading [...]

Taking Nashville’s Real Estate Temperature

March 24, 2006 by admin · Leave a Comment 

The spring real estate season is about to get underway, and anybody who expects to take part — as a seller or a buyer — needs to start putting together a strategy, an action plan. But what a confusing time to try to figure out a strategy! The real estate market is sending very strange, [...]

Private Mortgage Insurance Explained

September 23, 2005 by admin · 1 Comment 

Many a first-time homebuyer has grumbled about paying private mortgage insurance. This article discusses the subject of private mortgage insurance, also known as “PMI.” Private Mortgage Insurance Unless the owners are insane, every business in the United States carries some form of insurance to protect against losses. The various lending institutions that issue Nashville home [...]