The concern today when putting your home on the market should not be whether you’ll get a contract; it’s whether you are going to recognize the majority your net proceeds without any unnecessary delays. What you realize from the sale of your home has to do with maximizing the sales price while minimizing the sales expenses. Interestingly, the buyers will be trying to minimize the price they have to pay for your home and possibly, have you pay some of their expenses. Taking a few pictures with a cell phone and putting a sign in the yard may be enough to get a buyer but successfully selling a ho ..read more

Banks are concerned about making loans that will be repaid not about making loans that are tax deductible for homeowners. It is good business for the bank but how is the homeowner supposed to know? Most homeowners and potential homeowners are aware there are tax benefits associated with ownership. For instance, mortgage interest and property taxes have been deductible expenses from federal income tax since it was enacted in 1913. The current law provides that homeowners can deduct the interest on Acquisition Debt which is the amount of debt incurred to buy, build or improve a first or second h ..read more

Cutting the price will generally bring buyers of anything out of the woodwork that were not serious before. Some renters could easily lower their monthly cost of housing by half or more by purchasing a home with all the financial benefits that come with it. The most obvious thing in today’s market is that the mortgage payment could be less than the rent the tenants are paying. With mortgage rates hovering around 3%, this is a major factor of the savings. The two other major contributing factors are appreciation and amortization of the mortgage, neither of which benefit tenants continuing to pa ..read more

Buying a home is one of the most important decisions you will make in your life. In every real estate market, like Nashville, there are always some property types that take the lead in being of interest to home buyers like yourself. It is critical that you make decisions for your real estate investment using several factors besides just your budget and the property's location. Each property type requires you, as an informed buyer, to apply a different mindset to each based not only on present circumstances but also on future outlook. There is no one golden rule in real estate. What makes sense ..read more

During one of our recent drives around town and as we traveled searching for the next great real estate deal, we started to wonder:  What prompts people to move to Tennessee? Going about your typical day and following the same routines can turn anything new that comes into your life into the same old, same old pretty quickly. This can be said for almost everything: a new house, a new car, a new tech gadget. Curious as we always try to be to better understand our market, and trying to keep a fresh mind when dealing with real estate in Middle Tennessee, we asked past clients, friends and re ..read more

So went the saying by Nashvillians a decade ago. According to the Nashville Business Journal, the Greater Nashville area is home to almost 2 million residents, a jump of nearly 21% during the last decade. With more than 100 people moving to the Nashville area every day, I think it is safe to say there is no point in trying to stop the avalanche any longer.  Why? Because we all have noticed that Music City is truly the epitome of “the more, the merrier!”.  While Nashville has always been known for its deep roots in the country music arena, it has continued to flourish into a big melti ..read more