Steve Jolly here.  I'll be with you every week throughout the housing season bringing you the latest on the best deals, money news, and my thoughts on the market.  Let's Get to Business. DEALS INVESTOR ALERT: West Meade Auction online with a starting bid of $286,000.  Open House Saturday & Sunday 2-4pm. The auction runs from Saturday - Tuesday.  Reach out to me for more information.  https://www.nashvillerealestatenow.com/property-search/detail/38/2571539/5919-old-harding-pike-nashville-tn-37205/ NEW CONSTRUCTION PRICE DROPS: https://www.nashvillereale ..read more

Steve Jolly here.  I'll be with you every week throughout the housing season bringing you the latest on the best deals, money news, and my thoughts on the market.  If this once-a-week email is too much for you, then hit the unsubscribe button below.  I promise...it won't hurt my feelings. For the rest of you, Let's Get to Business DEALS INVESTOR ALERT: This home in West Meade goes to auction online with a starting bid of $286,000.  The auction runs from Saturday - Tuesday.  Reach out to me for more information.  https://www.nashvillerealestatenow.com/property ..read more

Lately, I’ve seen a mountain of misinformation considering the forbearance options included in the CARES Act that Congress passed last week. And I want to clear that up for you so you won’t make the same mistake that thousands of people are making right now.   Many folks want to use this tool to delay paying mortgage payments to free up cash flow during this crisis.  I understand why this makes sense on the surface.  However, you need to dig deeper to truly understand what you agreed to do.   In case you don’t know, the bulk of my real estate career has been working with my ..read more

This is a story from a buyer in another state. This is our first time buying a home and it’s so stressful. We are stuck in a seller's market so that makes things way harder. We’ve been outbid several times and we finally had to offer $5k over asking on a house and I’m also paying for closing costs. Inspection went through, we agreed on repairs. now we’re waiting for the appraisal and it’s been 8 days since my lender ordered it and they haven’t even stepped foot in the property yet. At this rate, we won’t even know if the house is ours until right before closing.. if that. Plus I have a feeling ..read more

Let's talk about a Housing Update for 2021 and find out what is going on with prices in Nashville. You are not going to believe your eyes when we get to pricing in a minute, so hang in there. Last week, we finished up a series for home sellers, and you can find all seven episodes at the Moving To Nash YouTube Channel. You should check it out. Let’s get to business with the Nashville Housing Market Update for 2021. Sales for Greater Nashville are increasing as expected this time of year and are at about half of the peak sales months in mid-summer. Expect this trend to continue. The median price ..read more

This is my 5th story in a series for sellers just like you. Last week we talked about This Small Step that Has a Massive Impact on Price. This week, I want to share with you how to attract a flood of home buyers with magnetic marketing. Now let’s get to business… Small business marketing genius, Dan Kennedy tells his instantly valuable story while he was whale watching from a beach in Hawaii.   A fisherman drove up in his pickup truck and got out with twelve fishing rods.  He baited each hook and cast them all into the sea.  Dan became curious and asked him why twelve. The old m ..read more

*This is my 3rd story in a series for sellers just like you. Last week we talked about the mistakes you want to avoid getting your home ready to sell. This week, I want to share with you a bulletproof way to price your home. Now let’s get to business… Early in the throes of the Great Recession, I took over a foreclosure listing in rural Sumner County for one of my bank clients.  Another agent had it first and provided them an unrealistic expectation of the sales price for this home. And guess what…the home sat forever with no showings or offers.   Using real data, I convinced my asse ..read more

This is a first in a series of stories for home sellers just like you.  Bill Gates, the founder of Microsoft, once said, “Most people overestimate what they can do in one year and underestimate what they can do in ten years.” When it comes to planning your next move, it’s 110% truthful.   That’s because selling your home is a complex process involving a series of steps, in a specific order, at exactly the right time, and performed by literally hundreds of people scattered across the country.   Without a plan, it’s like herding cats with a water hose. That’s where our Smart Selle ..read more

Cal realized the mistake he made just when the gavel came crashing down and the auctioneer proclaimed that “All Sales are Final.” He went to the auction intending to buy a small apartment to renovate. Instead, Cal purchased an old, derelict mansion. Bad roof, crumbling walls, foundation sinking, mold-infested, no electricity for two decades. And the list goes on and on. He made a simple mistake at this auction by bidding on the wrong property. That cost him about $45,000, and now he is borrowing more money to correct the error. While they try to put a positive spin on this story...it’s truly s ..read more

In my last article, I talked about the errors that lenders make that cost you big time.  Today, I want to share another story about lenders that will hit you straight in the wallet and how you can prevent it.   This is how I heard it. “I was a naive first-time homebuyer when I started this journey. I went on to Zillow and used their portal for finding a lender in my area. They quickly connected me with a mortgage company who promptly called me and got the process going. The representative was very nice and we began the underwriting process.  Everything seemed okay at first, but ..read more