tn: INVESTORS!!!
- 04/09/10 08:58 AM
Now is a great time to get into investment properties, especially if you are thinking about doing rentals. Here are just a few reasons that the market is great for investors right now: There are a ton of good properties on market Home prices are really low It is harder than it has been in years for borrowers to qualify, which means there are more people looking to rent for a year or two Rates are GREAT (even for investment properties) It's become harder for investors to get loans, but this isn't necessarliy a bad thing because there is less competition … (0 comments)
tn: 3 Bed 2 Bath for Sale in Nashville/Donelson, Tennessee
- 03/24/10 03:49 AM
For sale is a 1500 square foot single family residence in Nashville on Colonial Circle. Area 7. It is totally remodeled. New Paint, hardwoods throughout, and brand new carpet in the master bedroom (very large bedroom at 15x15). Both bathrooms have tile floors and one bathroom has a tile shower. Home also features an office or 4th bedroom with brand new hardwood floors. Home also has a good sized dining room for the family. New fixtures throughout. Home has a large, open floor plan, one car garage, laundry room, walk in closet in the master bedroom. Large level lot in the … (0 comments)
tn: Another Big Rate Cut
- 03/18/08 06:52 AM
The FED cut the Fereral Funds Rate 3/4 of a percent, to 2.25% today, in an effort to avoid a recession. With lower rates consumers are encouraged to spend and borrow more. Some people think that as the dollar weakens with each cut we could see higher gas and food prices, and higher prices for imported goods. We will have to wait and see what affect this has on our economy. Thanks, Clint … (3 comments)
tn: Time For Buyer's To Buy
- 03/04/08 05:33 AM
I recently read an artivle on CNN-Money.com entitled Housing: Best Time To Buy In Four Years. It basically says that home valutaions (the difference from what a home should cost and the actual price) are the lowest they've been since 2004. Basically, the affordability is back and better than it has been in the last few years. Couple this with excellent rates and this is a great time to be a buyer. Thanks, Clint Haynes
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tn: Rate Cut Is Going Happen
- 02/28/08 11:17 AM
Experts are saying that Federal Reserve chief Ben Bernanke is is going to cut key interest rates by 1/2%, and possibly as much as 3/4% when the Fed meet again on March 18th. Bernanke has said that the health of the U.S. economy is his biggest concern. A half point cut would bring the Federal Funds rate to 2.5%. It has already been lowered 2.25% since September 2007 to help keep the economy out of a recession. Many think that after the March rate cut we might not see another cut for quite some time, to let things settle and then see what … (1 comments)
tn: Credibility
- 02/22/08 10:20 AM
I recently read that a survey was done and among the least trusted people in America when it comes to business are Loan Officers. Even more so than Used Car Salesmen and Attorneys (not that these are dishonest professions either, but people view them negatively because of the ethics some choose to practice). I wrote a blog entitled A Deal Lost earlier about a loan that I lost to a competitor that deals with this issue a little bit. I was just wondering what some of the Active Rain members who are not in the Mortgage Business think about us. Title Companies and Real Estate agents … (1 comments)
Now is a great time to get into investment properties, especially if you are thinking about doing rentals. Here are just a few reasons that the market is great for investors right now:
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