Nashville, TN Real Estate News

By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
  I just love it when I see an experienced property where the unhandy home owner has decided to add circuits to run appliances or other power utilizing necessities. In this case, the homeowner needed to get power out to his barn. The closest box was the already overloaded compressor panel. So we just tap off the bottom . . .   Add a few splices in the wiring that is not designed for exterior use . . .   One loop around the knob on the cedar tree should do it . . .   Make sure you catch the small twig to keep the wire from slipping once draped over the branch . . . And, into the barn we go. Kinda reminds me of the nursery rhyme - Over the meadow . . . This post was created by Windows Live and Picasa Web Album. This posting and the contents written here are the intellectual property of M...
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By Ronell Moore, Transforming your Flooring into a work of Art.
(180 Degree Floors)
If you ever applied for a loan and you were turned down then you know how important a positive credit score could be. So many companies are opening there doors to offer credit repair and most of the time for outrageous fee's. Just think about it for a minute, if they had the money to pay of everything or pay on time then they would not need credit repair. I think that most companies forget that they are offering a service. You are charging your client for the due diligences that-you perform. Not just because they have some issues with there credit. Most of the information you are using they can get free by searching the Internet. Where you come in at is you have the time and patience to follow up on all unresolved issues. I'm not saying you should not be paid for your work. Yet I am say...
Comments 7
By Maria Holland, Realtor, ABR, GRI, CDPE, SFR
(RE/Max Homes & Estates, ABR,GRI, CDPE, SFR)
I absolutely love a seller who will spend some money to get their home in top condition.  Just recently I have listed two homes and they have been willing to spend some real money to get their home in top condition in order to sell it.  One lady has lived in her home 4 years and it has appreciated $100,000.  She realizes to get it to sale in this market that there are some things that need doing.  She will more than get the money on the return of her investment and more than likely her home will be on the market for less amount of time. Here are some things that they did:Re-paintedRe-carpetedPainted CabinetsReplaced some light fixturesLet me help them stage their homeSpruced up the landscaping outside by pulling out dead trees, weeding, and re-mulching.Put granite in their kitchen and m...
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By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
No its not!All this doom and gloom about the credit crunch and bursting of the real estate bubble would have you thinking that home prices are crashing, home inventories are rising, buyers aren't to be found, banks don't want to lend and we maybe in a recession. So, bend over hold on to your ankles because its going to be a bumpy ride!Ok...so I admit, most of the apocalyptic writings of the over zealous columnist and journalist are more accurate on this subject than not, it doesn't necessarily mean that real estate here in the Nashville area is as described on your national news network.Here in Nashville and the surrounding areas, we have seen home prices fair steadily. In fact, depending on the condition and location of the home, it isn't uncommon to even have multiple offers and end u...
Comments 1
By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
This seems to be my week for picking on plumbers. I don't know why, maybe it's just because I have seen too many things that have have done which does not make any sense. Yesterday, while inspecting a rehabbed property in a mature section of Nashville, TN, I came across this installation of a water faucet at the kitchen sink. The faucet has been installed backwards as evidenced by the valves opening away from you instead of towards you. I had to give this poor fellow a grade of "C" for consistency, as he did the same thing on the pedestal basin in the bath.         Have a great, happy and safe Easter Weekend y'all!  Don't you folks who don't live in the south wish that you had a simple, concise and succinct word that is deemed proper verbiage in normal as well as formal conversation li...
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By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
This seems to be my week for inspecting new construction properties. Part of the inspection process is to do the “obligatory” crawl through the area where codes inspectors, most home owners and real estate agents fear to tread. When houses are designed by the architect, care is taken so that all plumbing fixtures fall into the right place so that there should never be a reason for “sawzall modifications” to the supporting structures of the property. Nevertheless, while inspecting this new construction property in Nashville, TN yesterday and ran across this less than professional repair of a severed floor joists. For the repair of the severed joist, this contractor took a short cut and picked up some form boards lying around the jobsite and propped them up on a solid core block instead ...
Comments 14
By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
I was inspecting a new construction property in Nashville, TN yesterday and ran across this professional installation of an air handler and condensate pump. Professional contractors will install a bracket on the side of the air handler on which to mount the pump and an outlet for power. This contractor took a short cut and went down to Walgreen’s or where ever was convenient and purchased a $1.29 extension cord and left it like that. The mechanical codes official signed off on this installation, making me wonder if they had even been there at all or was this just another drive-by shooting. This posting and the contents written here are the intellectual property of Michael Thornton of Complete Home Inspections, Inc. providing home inspections for Brentwood, Nashville, Davidson and Willi...
Comments 6
By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
I ran across this GREAT article on Spring Cleaning and Home Maintenance through Rismedia and thought I would share it with you!   I will add some pictures to make it more entertaining :)!   Spring CleaningThe first step to Spring cleaning is making a list of which areas of your home need to be freshened up.- Experts recommend a professional carpet cleaning every 12 to 18 months. Schedule an appointment with carpet cleaners now to cut down on your wait time.- Check your gutters. Professionals recommend gutter cleaning in the spring and the fall. Clogged gutters can lead to water damage.- Use a garden hose to remove the film left by dirty snow and rain from your siding and deck. Attach a soft-bristled, long-handled car brush to the hose for some extra help. Use a mild cleanser to get thos...
Comments 1
By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
While inspecting a new construction property in Nashville, TN yesterday, I came across this “unusual” venting system for the gas water heater. The water heater was located in the mechanical room off the finished basement and all that separated this room from the finished basement area was a louvered door which violated codes as well. To keep the cleaning crew working in the basement from getting asphyxiated, I turned the gas off to the unit. Now I know that the codes officials miss minor things from time to time, but this was so blatant that I believe that even Ray Charles could have seen this one. What is even scarier is that the CO was issued for this property the day before. What really amazes me is that the mechanical contractor, the building superintendent and the mechanical codes...
Comments 12
By Gary Ashton, #1 RE/MAX Team in the World
(RE/MAX Advantage)
 The Luxury Home Market In NashvilleOver the past 18 months I have entered a new market and level of real estate that when I first started selling homes in March of 2001 I could only dream of.In February of 2007 the number of million dollar inquiries increased dramatically to the point where I was working with three clients all looking in the $2 Million plus price range. This is a price point that most realtors would like to work in because obviously the commission is better than the average home but more so because its just a much more interesting job when you are dealing with homes at this level. The Governors Club VideoThe Southern Land CompanyI remember driving past the gated subdivision of LaurelBroooke in Franklin Tennessee a few years ago and being very curious as to how agents m...
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By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
One of the biggest misconceptions about radon gas is that if the property has a crawl space, the crawl space venting will dissipate the gas to the outside. WRONG! I have been doing home inspections in the Nashville, TN area the past few days, and on two of the properties, the buyers requested that I do a Radon test. Both properties were located in the Sevier Park area off Granny White Pike just south of I-440. One was new construction and the other was a 1950's property. Both had Radon Levels above 20 pCi/l (pico Curies per liter). According to the EPA, any reading above 4.0 pCi/l is considered elevated and must be mitigated. It does not matter if the property has a crawl space or is built on a slab. The geology under the property determines if the property will have elevated levels of...
Comments 13
By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Oh the Zero Lot Line Home.  The war rages over the pros and cons of these newer homes.  On the positive side, a zero lot line home is EXTREMELY environmentally friendly.  Using land that is already developed and dividing it in two allows for more density of people in a smaller space instead of building out further, which disturbs virgin and previously "unimproved" land.  We have to clear trees (which contributes to more global warming) and put in our underground utilities, ruffling the feathers of our precious ecological system.  On the negative side, if you are the kind of person who enjoys seeing one home for every half acre of land, then yes, the zero lot line is not a pretty sight for you!  We begin living in a more cramped environment, able to see into our neighbor's home from only...
Comments 1
By Kimble Bosworth, bozTEAM
(Proforma Printelligence)
I got an interesting call from another agent this week that got me thinking...thus, also got me blogging.She was working with a client who found a great loft at Werthan Mills (the same condos, coincidentally, where I have lived since 2006). He loved the place! But not the view. He was concerned that the unit he was considering looked out over a Metro Nashville Development Authority Housing Community, Cheatham Place.  Looking out on that community made him feel guilt. Guilt that he had so much and that the people he was looking down at did not. I was touched. Touched that she came to me to ask for more information on how I feel about that. (For the record: I share the same view as her client - definitely not the same perspective, though.) Touched that her client shared such honest feelin...
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By Grant Hammond, Grantland - Nashville Commercial Real Estate
(Cumberland Commercial)
Continued growth and a healthy economy make Music City the perfect place for real estate developers to weather the storm.If there's any one particular city that's poised to withstand the current real estate crisis, that city is Nashville, TN. To look at the flurry of commercial real estate development sweeping across Nashville, one might suppose there was no economic recession at all. Despite downturns elsewhere, Davidson County continues to receive and approve building permits for commercial real estate developers to begin multifamily development projects, office building renovations, and more. On the last day of February 2008, for instance, the county awarded a permit for the construction of a $6.2 million project on Belmont Circle, as well as several multifamily units around the city...
Comments 6
By Grant Hammond, Nashville Homes
(Metropolitan Brokers, LLC)
The new Nashville convention center is one step closer to reality as the Metro Council agrees to fund all predevelopment activities required to build the center. Funding for the pre-development work will be limited to the money brought in by revenue sources already in place for the project. Metro Finance Director Rich Riebeling said about $1.4 million is coming in each month from those taxes and fees, most come from the tourism industry.Phil Ryan, executive director of the Metro Development and Housing Agency, said the work will start with the creation of a master plan for the proposed 15.6-acre site at Fifth Avenue South and Demonbreun Street. A planning firm will help MDHA decide on the best way to lay out the convention hall, the hotel, and the parking garages on the property.The nex...
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By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
There were many battles fought along Granny White Pike during the Battle of Nashville. One of these The Battle of the Barrels took place between Taggertwood Drive where the Richland Country Club is located and Oman Drive where Vanderbilt’s Dyer Observatory is located. This main thoroughfare runs through southern Davidson and Northern Williamson Counties. Being a local history buff, I have long wondered what the history behind the name was. After doing much research and listening to local lore and wives tales about “Granny” White hiding Confederate soldiers from the Northern Army, I was able to come up with this post about the origins of Granny White Pike. Like many early roads in this area, what was to be known as Granny White Pike started off as a pathway, probably carved in the rugge...
Comments 9
By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
1031 Exchange?!!?!?!!? If you have investment property in Davidson County, or in the Greater Nashville Area, and you are getting ready to sell and invest in something else, then you MUST know about this 1031 Exchange!  The 1031 Exchange is basically a way to defer taxes and reinvest your savings!  Through the 1031 Exchange, you can further leverage your equity, diversify your real estate portfolio, consolidate the equity from many properties into one, keep you from having to manage too many properties at once, work on your estate planning, or change property types to get the most out of the available depreciation!Here is how it works:  Let's say you have three rental properties...You have been managing them for five years and want to move up to something else.   So you put your properti...
Comments 1
By Home Staging
(Showhomes)
Showhomes Middle Tennessee has had a string of quick sales successes. Here is the most recent: This 1.5 million dollar home sold to the first person who looked at it after 15 months on the market. The builder consulted with Showhomes and used a trained Home Manager to help stage the home and keep it in show-to-sell condition:
Comments 6
By Ronell Moore, Transforming your Flooring into a work of Art.
(180 Degree Floors)
I don't know about you but I was thankful to see the rates go down. I was also thankful to see so many so called Mortgage professional get out the kitchen. I am equally excited to see the market go to a buyers market. So many consumers were being taking advantage of by so called sub-prime lenders and loan officers who did not have a clue. Realtors were having a ball too. Houses were not staying on the market but for a few weeks. Sellers were turning down good credit client to take the highest offer from sub-prime offers. Now look where it has gotten us. So say these are the worse time for the market and the country. I beg to differ, the market is great for those who can stand the heat. Those who could afford to go a few months without pay. Wholesale lenders are backed up, weeks right no...
Comments 2
By Grant Hammond, Nashville Homes
(Metropolitan Brokers, LLC)
Giarratana Development's Signature Tower is not the latest casualty of the subprime financial market debacle, but for the first time I have to admit that the March 31st deadline looms heavy on my conscious. The Signature Tower is developer Tony Giarratana's dream building, a 70 story luxury Tower that only the boldest developer in the Southeast would even attempt to tackle in a mid-major market like Nashville and he's down to his last 4 weeks. The casual reader might assume that buyers and investors have fled the real estate market to seek higher ground, but that is not the case in booming Nashville, TN. Tony has been able to presale just about 50% of his building (the most expensive half), which would have been enough last year, but financial institutions' concerns over the looming com...
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