Author Archive
Foreclosure - Do You Know the Facts?
The thought never entered your mind! You bought your home with the best of intentions. Perhaps the lender assured you that you could “just refinance” when those heart-stopping payment increases began.
Perhaps no one even explained to you what could happen? But here you are! With house payments that you can’t […]
Consider Different Ways to Invest for College Education
With the average cost of college level education rising approximately 6% every year, what is the best way to have the money for college exepnses when you need it? We can easily help you with different ways to invest for college education.
In fact, only 40% of students graduate in four (4) years. That […]
Credit Scores - Why Are They So Important?
It Doesn’t Matter What You Buy!
A home, a car, insurance, furniture, appliances, or any other purchase. Your FICO (credit) score will determine your qualifications and interest rate.
This can translate into a lot of money over the years. Just a 1% increase in your interest rate (from 6% to 7%) on a […]
Home Inspections For New Construction - Are They Really Necessary?
You’ve just bought a brand new home in Nashville! Real Estate is booming…and there are a lot of new homes to choose from. You’ve seen the New Construction model home…and the builder has given you an assurance that you have a full “1-Year” Builder Warranty.
So, what could possibly go wrong?
What happens […]
Buying a New Home in Nashville? Don’t Make These Mistakes…
Are you aware that listing agents are not required to remove listings from the internet for a period of time after they have been sold?
Many times agents leave the listings in as active to get phone calls and inquiries from potential buyers…and then sell them another home. Could this be a “bait […]
Mortgage Meltdown! What Does It Mean to Homebuyers?
Not long ago, mortgage companies started to offer a smorgasbord of programs to make home ownership easily available to almost everyone.
Some of the common terms we have become accustomed to hearing include:
* Low-Doc
* No-Doc
* Full-Doc
* 100% LTV
* […]
Home Warranties. Are They Worth the Money?
Home Warranties! What do they cover…and what don’t they cover for your new Nashville home?
In preparing your purchase contract, I always ask the seller to provide a home warranty for you. And most of the time they agree. But exactly what is a home warranty and what does it cover?
Basically, it’s […]
Mold! - The Most Important Things to Know About It
Molds are part of the natural environment…and is certainly a problem in houses in the Nashville, Tennessee area. Outdoors, molds play a part in nature by breaking down dead organic matter such as fallen leaves and dead trees. But indoors, mold growth should be avoided. Molds reproduce by means of tiny spores. […]
Reverse Equity Mortgage - Is It the Right Choice For Me?
In common language, it’s the opposite of a traditional mortgage. Instead of you paying a mortgage payment to a mortgage company…the mortgage company makes the payment to you every month! The loan amount is based on the current equity in the home, which is the difference in the market value and any mortgage attached to […]
Junk Fees! - What Are They and How Do I Avoid Them?
When closing on a property…be sure to take a good look at your HUD-1 or closing statement. Which fees are legitimate costs and which ones are junk fees?
Some legitimate fees would be listed as:
* Origination Fee -Some people consider this a “junk fee”…however, most lenders charge it…but it should never exceed 1% of the […]
