The Most Expensive Foreclosure in Franklin, TN

June 11, 2010 by admin · View Comments 

I was having a conversation with a colleague today who told me that she had heard of a $4 million house in Franklin that was in foreclosure. She thought that there were several homes in that price range in foreclosure and was excited about the opportunity of finding a buyer for all of these high-end [...]

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 [...]

Brentwood Homes Price Value Analysis

November 28, 2009 by admin · View Comments 

I was recently asked by a client to research all available homes in Brentwood priced above $500,000 that were built after 1997 and have at least 4,000 square feet, 4 bedrooms, 3 bathrooms and a 3 car garage. This particular executive client is in search of a primary residence in Brentwood, but would like to [...]

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 [...]

Nashville Short Sales and Foreclosures

May 20, 2009 by admin · View Comments 

It amazes me how many buyers that do not consider short sales, foreclosures and REO properties when they are looking for a home or condo in Nashville. Part of the problem is that your Realtor probably does not know how to find these properties in the first place, or perhaps they are not sure how [...]

Fannie Mae Releases New Short Sale Guidelines

March 3, 2009 by admin · View Comments 

Fannie Mae just released new guidelines – effective March 1, 2009 – affecting short sales. These changes are very much welcomed by any Realtor who has been pressured to reduce his/her commission on a short sale:   “Servicing Guide, Part VII, Section 504.02: Contacting Selected Borrowers Effective March 1, 2009, closing of pre-foreclosure sales may [...]

Short Sales, REO, and Foreclosures Rise in Nashville

February 14, 2009 by admin · View Comments 

A new article by Marylyn Schwartz on RisMedia’s website addresses a topic that’s inescapable in the current economic downturn: short sales. Ms. Schwartz interviews an experienced attorney, Rick Cowle, about the procedures and pitfalls involved in the short sale process. “MBS: Rick, you and I have worked with REO (real estate owned) properties and with [...]