Hermitage, TN Real Estate News

By Verlyn Steward, Real Estate Answer Man
(Vision Realty Partners LLC)
...this home was built to take care of you instead of you working to take care of it! Priced at $298,971 Featuring two master suites with a total of four bedrooms, three full baths, one half bath, a full size office, walk-in closets and walk-in linen closet, work-in laundry room, central vacuum, hardwood floors and check out the back yard! Need a big kitchen, with two pantries and yards of counter space? For more details contact Verlyn Steward at Prudential Woodmont Realty 615-394-1823 or 615-661-7800 or stewardv@realtracs.com  More pictures and information  Directions from where you are to this home! Slideshow  
Comments 2
By Verlyn Steward, Real Estate Answer Man
(Vision Realty Partners LLC)
Located just minutes from President Andrew Jackson's estate, Walden Woods is nestled quietly in Hermitage TN and features vast wooded common areas and is home to one of the states largest Dogwood trees.  Homes range in size from approximately 2200 to 3200 square feet were built between 1999 and 2006 with many homes custom designed and built by Frank Batson Homes Inc.    Information Center Schools:  Dodson Elementary  DuPont Tyler Middle McGavock High School Homes For Sale For more information contact Verlyn Steward at Prudential Woodmont Realty 615-394-1823 or 615-661-7800, or by e-mail at stewardv@realtracs.com.      
Comments 0
By Verlyn Steward, Real Estate Answer Man
(Vision Realty Partners LLC)
Searching for that "Must Have It All" plus some home?   701 Wyntree North, Hermitage TN 37076 Priced at a low $269,500!   Prepare for POSH! This home outshines all others! It starts when you drive up...and the excitement never ends! Relax and imagine living with these Ooohs and Aaahs! Smart floor plan shows off the elegance!  Walk in Pantry...Showroom appliances! Coffee in the morning??? perhaps a tasty brunch to start the day! How about a room for watching the game...or just relaxing... don't miss the wet bar...but don't stop too long, there is so much more to see!  Screened proch, oversize deck, great bedrooms with master on the first floor, a wow garage plus the location is within just minutes of everything!  Call Verlyn Steward at 615-394-1823 or stewardv@realtracs.com  for more inf...
Comments 0
By Elisha Mitchell
(Weichert Realtors)
Elisha Mitchell | Keller Williams | 615-389-6947 634 Belgium Drive, Hermitage, TN OPEN HOUSE August 9th from 2-4pm - Basement, 4 bedrooms and MORE! 4BR/2.5BA Single Family House offered at $184,900 Year Built 2005 Sq Footage 2,518 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size .10 acres HOA/Maint $15 per month DESCRIPTION This home is ONLY 4 years old and for only $75 sq. ft. it is a steal in Hermitage! It features a finished walk out basement with bedroom, media room, and gorgeous wooded view. Wood floors on main level, with eat-in Kitchen that opens out to the deck. Upstairs recreation room, large owner’s suite with separate whirlpool tub, shower and walk-in closet. Lots of storage, upstairs laundry, 3 bedrooms up and 1 in the basement, which would make...
Comments 3
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
I came across a blog on another networking site and got into a bit of a debate as to what exactly a Short Sale is and isn't. I need to explain that I am a HRC (Housing Retention Consultant) with Titanium and I have the RDCPro (REO Default Certified Professional) Designation through RealEstateEducate.com lastly, I am working on a Short Sale training program I hope to present to NAR (National Association of Realtors) for acceptance in their Continuing Education Program. In other words, I kind of know what I am talking about, just a bit. Ok, so back on topic, what is a Short Sale? Per Wikipedia a Short Sale is defined as..., "a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold." The above definition is absolutely c...
Comments 7
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
My recent articles on this very subject have initiated a firestorm and, I am sure this next article will only throw nitro glycerin on the flames. Before you read this blog, understand that I have not been appointed as some ethical, moral guardian and, I know that. By no means, do I believe I am going to change your opinion or win you over, that is not my intention. Take what I have written and do with it as you please, I really don't care if you think I am wrong, right or anything else for that matter. This is my opinion and if you don't want to know it, then stop now and don't read any further. Know this, I feel I am right not because of some statutory legislation or common practice but because I believe in a certain way of doing business and that is what I hope is exemplified in this ...
Comments 30
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
I recently wrote a blog titled, "Short Sale Scams Dupes Un-Suspecting Realtor...Are You One?" which created such a stir that now I am prompted to write this blog specifically concerning Short Sale Option Contracts. So, here is how this happens. You're in the office making calls or whatever else you do and you get a call from a "investor" who sees you have that short sale listed on 666 Money Pitt Lane and, wants to know if you would write up his Option Offer with no terms or conditions. You're all excited because by all intents and purposes this is a really good offer, no conditions, no terms, no contingencies.....right,......wrong! He has one condition and that is, he has the "option" to purchase the home at any time before the foreclosure sale date. He doesn't outline any price or cont...
Comments 7
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Many factors go into answering this question and the truth is, I don't have the time to explain each one so, let me give you my top 3.1. REO Experience = REO Listings; I know for many of you, this fact is frustrating but, it's a fact none the less. Why is this the case, you may ask? It boils down to what "Experience" really represents. In other words, if you have REO Experience then you have a direct knowledge through direct exposure to REO and, therefore you have the "know how" or "procedural knowledge" it takes to get the job done. Keep in mind that the rule isn't REO Training = REO Listings, it is REO Experience = REO Listings.2. A Proven Track Record of Sales: It may be hard to believe, because your calls never get returned by that power house REO listing agent but, a REO Agent with...
Comments 7
This is my first video home tour! I made some comments that still crack me up, but hey...I am a Realtor, not a TV journalist! Mostly I just really want to sell this house, so hopefully this will help and provide some entertainment in the meantime! :-) You can also view more details on our website at www.CallNashvilleHome.com Wherever you want to call home, we can help you get there!-------------------------------------Please spread the word that we are Realtors! We appreciate the support and would be thrilled to assist anyone you may know in the next purchase or sale of their home! Elisha Mitchell REALTOR® Call Nashville HomeKeller Williams Realty 1725 North Mt. Juliet Rd. Mt. Juliet, TN 37122 615.389.6947 - Cell615.758.8886 - Office615-690-9632 - FAXinfo@callnashvillehome.comwww.callna...
Comments 2
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Last night, Jennifer Kraus with my local news, NewsChannel5 did a story on a company called dont4close.com. As a part of the NC5 Investigates report Mrs. Kraus chronicled a very depressing story about a family who is loosing their home due to mortgage arrearages and were taken advantage of by a less than scrupulous man who guaranteed he could save their home from foreclosure.As a Certified Home Retention Consultant with Titanium, when I saw the story come up, I was entranced and attempted to understand every detail.Ultimately, the family was facing foreclosure and contacted dont4close.com to help them save their home. Allegedly Charles Jones behind dont4close.com offered the homeowners, the Reynolds, a deal they couldn't refuse. He offered to pay their mortgage for 1 year and after that...
Comments 1
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
An article by Jennifer Harmon with www.ManagingREO.com highlights just another reason why I believe that REO's are not what banks want and that our industry is in the beginning stages of a paradigm shift. Back on October 8, 2008 I wrote a blog titled, "REO's Become Extinct" which focused on the idea that REO's just simply cost too much to continue doing and our industry had numerous reasons to change and start doing more Short Sales.Well, like with any fast growing industry, growing pains with short sales are rampant. Many people complain about short sales and, the list is too long to review here but, we are seeing MLS boards taking steps to force more regulation and in return, the process is smoothing out a little bit.As I mentioned in my October 8th, blog, we are seeing a surge in For...
Comments 3
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
OHHHhhhhh.....this blog is going to ruffle some feathers...trust me! This is my biggest complaint with the "Appraisal" Industry and that is, they don't appraise anything and, you can quote me on that one.Ok, so the appraiser gets and order to go out to a home and appraise it. Well, on the paperwork he got from the bank, the borrower's requested loan amount appears. That is why it happens that the appraiser's appraisal numbers always match exactly the loan amount, which is obtained directly from the Purchase and Sale offer. So, I have to ask, what is the appraiser appraising?This also happens in the reverse. When a bank has a REO, they send over the appraisal order which so happens to have the remaining balance and or lowest net amount the bank is willing to take hence, why some banks pr...
Comments 5
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
A fixture is Personal Property that has been so affixed to land or a building that by law, it becomes part of the real property. (Modern Real Estate Practice 17 Edition) To help you understand this a bit better, let me give you some examples of what a "fixture" is.....             •1.      Heating and cooling system. •2.      Kitchen cabinets. •3.      Built in entertainment cabinetry or built in electronic systems. •4.      Anything that has been added as a permanent part of the building is considered a fixture. To help you determine if personal property is a fixture a simple test can be done to determine the intent, they are....... •1.      Method of Annexation: Was the Personal Property installed in such away that it was meant to be permanent. Just ask, "Can we remove the Personal Pr...
Comments 1
By Verlyn Steward, Real Estate Answer Man
(Vision Realty Partners LLC)
It's 6:00 sharp, I'm pouring my first cup of coffee and notice two new messages left on my cell from overnight.  Interesting, but not unusual...press 1 to listen to new messages.   "Hey Verlyn, it's Ted, (the termite inspector, name has been changed to protect the guilty) I've got this termite letter and I can't find your office.  You need to call me right away" Hmmm.  Let's go on to the next message.  Maybe I need more coffee!  "Verlyn, it's Ted again, where in the world are you?  I need to talk to you right away.  I've got this termite letter that was to be delivered yesterday and I can't find your office.  Give me a call asap, I'm going to hide it where you can find it...I'll explain later!" Why wait, might as well call Ted right now! "Ted, it's Verlyn.  What's going on?"  -  Ted, "...
Comments 2
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
First off, let me just say that a short sale is a lesser of two evils. It should be considered as the nuclear option and only available to those with legitimate hardship. Now, with that out of the way, let us talk about the truth behind what a short sale does to your credit. If you are considering a short sale, then most likely you have fallen behind in your mortgage. This delinquent arrearages has already impacted your credit negatively. So that is the first thing you need to start considering. Any further delinquency on your part will continue to negatively impact your credit. Now, one of the biggest differences between a short sale and foreclosure is how it's reported to the credit bureaus. If you foreclose you get "debt discharged due to foreclosure" stamped on your report. A recent...
Comments 0
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Other than bedrooms and baths, square footage is one of the most important considerations a home buyer contemplates when purchasing a home. Square footage, in many cases, lays the foundation to a sellers pricing strategy as well as gives the buyer a starting point when making an offer. The importance to accurate square footage can't be underestimated, per the insurance industry, inaccurate square footage is one of the main reasons real estate agents are named in law suits. In fact, square footage problems have become such a huge concern for the real estate insurance industry, that some insurers have started marketing campaigns educating realtors on how to accurately calculate square footage. In my experience the single biggest problem isn't that agents aren't measuring the homes it is t...
Comments 9
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Just another update for the past 3 months here in Hermitage. Hope it helps.     Closed  124 Properties Found   Square Feet Bed Room Full Baths Half Baths List Price Sales Price Days on Market MIN 942 0 0 0 $61,650 $56,600 0 AVG 1,937 3 1 0 $189,848 $186,524 73 MAX 3,995 4 3 1 $479,900 $479,900 383
Comments 0
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Below you will find a Sales Analysis for area 7 (Cumberland River to I40E). I pulled this information from MLS for all Single Family Homes only. You will see at the very bottom a cumulative graph that puts it all together.  This first graph is for April 19 - May 19, 2008     Closed  35 Properties Found    Square Feet Bed Room Full Baths Half Baths List Price Sales Price Days on Market MIN 1,080 0 0 0 $64,500 $64,500 0 AVG 2,000 3 1 0 $187,032 $183,537 83 MAX 3,143 5 3 2 $315,000 $313,334 383  This second graph is for April 19 - May 19, 2007     Closed  51 Properties Found    Square Feet Bed Room Full Baths Half Baths List Price Sales Price Days on Market MIN 1,088 2 1 0 $84,900 $86,500 0 AVG 1,910 3 2 0 $184,835 $184,834 48 MAX 3,489 6 3 1 $392,579 $392,579 337  This third graph is for ...
Comments 0
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
Hi everyone, I hope the following information is helpful to you when decideing how much to purchase or sell a home for here in Hermitage. I have to be honest, I found myself a bit frustrated today when I had a man argue with me that home prices in Hermitage are over inflated and that the house I have listed at 1720 Ridgemere Ct. shouldn't sell for more than 130,000.00. At little miffed, I decided that I would look at the numbers and share the knowledge with all of you who are interested. This report was pulled for all closed single family homes in Hermitage from today 5-13-08 back to 4-13-08. Closed  33 Properties Found   Square Feet Bed Room Full Baths Half Baths List Price Sales Price Days on Market MIN 1,163 0 0 0 $71,000 $71,000 0 AVG 2,065 3 1 0 $196,263 $193,165 83 MAX 3,995 4 3 1...
Comments 0
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
The Camden Woods Subdivision is located in the heart of Hermitage. Camden Woods is ideally situated just off the intersection of Old Lebanon Dirt Rd and Tulip Grove Rd. This community offers convenient access to Hwy I40, and major thoroughfares like Old Hickory Blvd, Lebanon Road and Central Pike (265). With easy access to the Nashville Star commuter rail and only 25 minutes from downtown during the work week and only 15 minutes from Nashville International Airport, this community is a commuters dream. Camden Woods is an established community with a mix of all brick siding trim homes built in the late 80's early 90's with square footages ranging from 1,100 - 2,200+ square feet. With manicured half acre lots, large shade trees and well maintained homes this suburban community is a great ...
Comments 0