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Check Out Fannie Mae Foreclosures And HomePath Financing - 11/21/09 08:31 AM
I received an email from Martin Harris at Regions Bank yesterday with interesting information about Fannie Mae Foreclosures and HomePath financing: We are pleased to announce that Regions Bank has been added as a HomePath Mortgage Lender...... if you have a client purchasing a Fannie Mae foreclosure, we're one of the FEW banks in Tennessee that can do provide very special and unique financing whereby there is: NO APPRAISAL REQUIRED NO MORTGAGE INSURANCE ONLY 3% DOWN IF OWNER OCCUPIED ONLY 10% DOWN IF INVESTOR PROPERTY (the usual down payment is 20% down) Call or email us to get started on this program and take (2 comments)
More Info - Fannie Mae Deed For Lease/Lease Back Program - 11/20/09 01:41 PM
I posted a request for information on this program yesterday. After doing a little more research myself I have gotten a few facts. If you want the full servicing guide, click below.1. Borrowers may execute a lease of up to 12 months in conjunction with a DFL.2. They are charged market rent, and this rent can't be more than 31% of the borrower's income.3. The mortgage can't be guaranteed by FHA, VA, etc.There are other stipulations which you can read by clicking below. As usual, this does not seem to me to be an easy fix for the problem of keeping people (0 comments)
Tidbits We Learned About Short Sales At The NAR 2009 Conference - 11/20/09 09:50 AM
We attended the annual conference Nov. 13-16, 2009 in San Diego, CA, and learned a bunch!One session was on Distressed Sales, Opportunities and Pitfalls for the Buyer. This was a panel discussion, and the panel member who was the short sale expert was Scott Thompson, Mortgage Resolution Services. Scott gave a list of 4 questions to ask a listing agent about a short sale listing if you have a potential buyer: 1. What is the status of your file? (meaning, I think, have you submitted all documenting paperwork for the seller to the bank, and has the bank approved the seller for the (5 comments)
If only houses would fly off the shelf like Wal-Mart turkeys - 11/11/09 12:12 PM
I remembered seeing an ad for really cheap turkeys at Wal-Mart a couple of weeks ago. I waited and did not go to buy one, but this week decided I should go ahead and get our Thanksgiving turkey. We are going to NAR Conference, and when we get back, it will be closer to Thanksgiving and they may be scarce. I looked in the store and nothing was on sale. Oh well. I bought a Butterball at regular price. At the checkout, someone asked the clerk about the ones on sale. The clerk said that the sale was last week, that people came in (1 comments)
Thank You Veterans! - 11/11/09 11:58 AM
My cousin told me the story of being a young girl during World War 2. Her older brothers were drafted. She said that she would never forget her Dad's sobs as the youngest was picked up at their home to go off to war one morning before dawn. Thankfully, both brothers came home safely, even after both been in the Battle of the Bulge.I remember my generation's war, Vietnam, and several friends who did not come back home. Every generation of soldiers has protected us, and today's soldiers still make the sacrifice for us. I salute you and I thank you. May God bless you.Sarah in (1 comments)
Seniors In Nashville TN May Get Property Tax Relief - 11/07/09 02:20 PM
Seniors living in Nashville Davidson County, TN may be eligible for property tax relief. Certain income groups of those over age 65 can have property taxes stabilized. It is too late to apply for tax year 2009, but you can look forward to 2010 and apply.There may be further information at the Donelson Station Center, 108 Donelson Pike; Knowles Senior Citizens Center, 174 Rains Avenue; Madison Station Center, 301 Madison Street and the Northwest Center, 3315 John Mallette Drive, Nashville TN. Applicants may also contact the city Trustee's office at 615-862-6330 to set up an appointment. Or visit the Trustee's Office at 800 Second Avenue, North, (1 comments)
In Nashville TN, Look Up Codes Violations and Status of Reports - 11/07/09 01:56 PM
Codes problems take a lot of time and energy for those affected. All neighborhoods seem to have at least one home which is neglected or abandoned by the owner, and which is an eyesore or dangerous. Here is a way to have more information on what is going on with certain addresses in Nashville, Davidson County, TN. This is a new site which may still be under construction. But give it a try.You can check the status of Metro Codes violations and specific addresses. You will see "e-RFS Public Site" in a menu on the right side of the screen...this will take you to (0 comments)
Planning A Trip To Nashville TN? New York Times Reviews Our City. - 11/07/09 01:42 PM
Here is a travel piece from New York Times about the sights and sounds of a weekend in Nashville TN. Mentioned are the Wildhorse Saloon, The Grand Ole Opry, Ryman Auditorium, Hermitage Hotel, Country Music Hall of Fame, East Nashville sights, Belle Meade Mansion, Loveless Cafe and more. Take a peek at what Nashville has to offer! Then come visit us. I was downtown today shopping for "Nashville" souvenirs to take to a national Realtor® conference we going to shortly. We hope to network and tell about what Nashville has to offer. It was very exciting to see lots of tourists (0 comments)
Thanks to neighborhoods which make Halloween so much fun! - 11/01/09 05:45 PM
Halloween is over and I would like to thank the neighborhoods where homeownersmake it such a fun and special holiday for kids.Our grandson dressed as Thomas the Train (photo to the right) and went Trick or Treating in the Old Hickory area of Nashville. This village was established during the first world war, and the houses are close together, and many are decorated so festively. The children visit their friends' homes. Homeowners love to sit on the porch and watch the children as they approach. Thanks, Old Hickory for treating our little children so well!Another area of Nashville which hosted some (4 comments)
October, 2009 Nashville TN Area Real Estate Activity - Looking Up! - 11/01/09 05:29 PM
Below are statistics for single family homes (active and closed in the last month) in some of the zip codes and neighborhoods in the Greater Nashville TN area: Antioch, 37013; Melrose, 37204; Belle Meade/West Meade, 37205; Green Hills, 37215; Bellevue, 37221; Donelson, 37214; Oak Hill/Crieve hall, 37220; Vanderbilt, 37212; East Nashville, 37206; Inglewood, 37216; Crieve Hall/Nolensville Rd, 37211; Smyrna, 37167; Murfreesboro, 37130; Franklin, 37067.
We would love to help you find a home in any of these great neighborhoods! It would be our pleasure to help you buy or sell property in the Middle Tennessee USA area. Go ahead! Call (0 comments)
I like to share insights about real estate, but we also like to write about life outside of real estate. We also love to read the wisdom and inspiration of others.
Nashville TN is an exciting city with many types of restaurants, several colleges and universities, and many styles and prices of housing. We love living and working in Nashville, and invite you to email or phone us with questions about living in the area, or just to talk about your future plans.
We have a diverse clientele; some are investors who want to buy more properties; some are investors who want to sell their portfolio; some are seniors who want to downsize; some are relocating executives who need a spacious home for entertaining and living comfortably. We have bank customers whose foreclosure & REO properties we list and sell.
We never rush our clients to make a decision, as we work on your schedule, not ours. We can refer you to private lenders, mortgage lenders, and other vendors in the area. And, of course, we never accept a fee for referral to a vendor or lender. Even though vendors come highly recommended to us, or we have had personal experience with their work, you should always interview them and get other references and come to your own comfort level with them.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.