Nashville - I met with some very nice people tonight who wanted my help. For now, all I can give them is advice. Early this year , they lost a home to a foreclosure. The home they had was in a good area, they had bought it new and had it for 3 years before losing it. The reason they lost it was because they had an ARM with payments that had almost doubled.

They had come to me was in hopes of a lease/purchase on one of the new homes I have listed in Spring Hill. I haven't seen a case where a lease purchase is a good deal for either parties, but I am willing to help people find Nashville real estate that best meets their needs. Maybe we can make a deal, and maybe not. But one thing is for sure, I will not let my customers fall into the same trap that they were caught in.

Have a great thanksgiving.

Visit my website for information on Nashville, Franklin, Brentwood, Spring Hill, or Green Hills real estate.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area.

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4 Comments on Nashville real estate - After Foreclosure

NOV
26
2008
115,954 Points

Larry, doing the right thing takes so little effort and the reward is amazing. Having them call Scott Cone for a great financing option

Hapy Thanksgiving

Bo
11:17pm • #1
NOV
27
2008
637,065 Points 10 Featured Posts Localism Sponsor Outside Blog

Bo - It a lot easier to sleep at night when you know that you've done the best you could for your customers. SOmetimes buying a home is not the right thing for them to do, and I tell them so.
8:29am • #2
NOV
28
2008
645,238 Points 8 Featured Posts Outside Blog Called Shot Master

Larry,

My agents and I had several clients who we recommended not to purchase. They just went to another real estate agent who got them into a B-paper loan and house but now most of them have gone through foreclosure.
3:49pm • #3
DEC
13
2008
240,591 Points 2 Featured Posts

It is discouraging that so many will chase a dollar instead of doing the right thing by people.  All we can hope for is that this melt down will awaken more people to the pitfalls of buying beyond their means.  Perhaps it will weed out some of the less scrupled agents and lenders as well.
11:44pm • #4

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Larry Brewer Nashville Real Estate

Nashville, TN

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Benchmark Realty LLc

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