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Home Buying in Nashville : Real Estate Advice

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  • Local Info77
  • Home Buying295
  • Home Selling38
  • Market Conditions29

Activity 245
Wed Apr 17, 2013
Chris Mannino answered:
Mon Apr 8, 2013
Tony Grech answered:
It depends on the extent of the mold and type. Sometimes it's a case of simply power washing the affected area and giving it a good washdown with bleach. Sometimes it's more extensive.

If it is caught early on enough before it spreads a ton, then it could cost a few hundred dollars. If it's black mold and it has spread it might cost $5,000-$10,000.

If the contractor is telling you to walk away I've got to believe there is something to it. I would request that the seller pay for a mold inspection and find out the extent of the damage and the cost to fix it. Then proceed accordingly. If the seller isn't willing to tackle this then RUN, don't walk away.

Another important thing to note is that if you happen to need a mortgage to purchase this condo, then your lender will not likely approve your loan until this is taken care of.

Hope this helps!
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Wed Apr 17, 2013
Andra Brewer answered:
Simon,
A lot of this is based on where you buy the condo for the rate of return. It varies throughout town. There are opportunities under the $1.2 mark, but again all dependent on what you want to do, i.e. repairs, quality of renters, etc.

Thanks,
Andra Brewer Green
http://www.eastnashvilleagent.com
"Everyone needs a friend in Real Estate"
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0 votes 3 answers Share Flag
Sun Jul 28, 2013
Chris Mannino answered:
I would be happy to help you. Feel free to give me a ring.
615-299-7995
0 votes 13 answers Share Flag
Wed Apr 17, 2013
Rodney Mason answered:
HI Harold,
Neighborhoods are not somehting that Real Estate Agents can really comment on. Real Estate Agents are not allowed to comment on a variety of topics. The Fair Housing Act restricts the information that can be provided by a Real Estate Agent.

Off Limit Topics Include:
• Crime Statistic (including questions about whether a neighborhood is good or bad or safe)
• Demographics
• Environmental Concerns
• Household Income
• Religion
• Schools (including questions about how good or bad the school is)

Determining to the answers to questions on any of the topics listed above is something that you would need to do on your own. It is up to the individual to make their own determination about a specific area. If a Real Estate Agent were to comment on such a thing, it could be steering which is a prohibited act.

Some websites to try include:
www.crimereports.com

www.familywatchdog.us/

www.neighborhoodscout.com

www.greatschools.org/

www.schoolmatters.com

Reasons Why A Real Estate Agent Cannot Comment
http://realestate.msn.com/article.aspx?cp-documentid=20748062
http://www.fairhousing.com/index.cfm?method=page.display&pageid=3657
http://realestate.aol.com/blog/2010/12/06/what-a-real-estate-agent-cant-tell-you

These links should be able to provide some of the answers you are seeking.
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0 votes 3 answers Share Flag
Thu Apr 4, 2013
Rodney Mason answered:
For an amount that small, you would need to explore a 2nd mortgage. You can contact your bank or credit union to see if they offer any options for you.
0 votes 3 answers Share Flag
Tue Mar 19, 2013
Matthew Hutfles answered:
Hi Jerrica,

This property isn't a short sale. Also all appliances do remain. Let me know if you have any other questions I'd be happy to help.
0 votes 3 answers Share Flag
Thu Feb 28, 2013
Sharon Wayman answered:
Sure, it's look to be still active, when would you like to view it?
0 votes 5 answers Share Flag
Sat Aug 3, 2013
Sharon Wayman answered:
Yes, 5% is the min. for conventional loans. I will be glad to send more information regarding the property, and a list of mortgage brokers if you like.
0 votes 9 answers Share Flag
Sat Feb 23, 2013
Ross answered:
Thu Feb 21, 2013
Troy Charlton answered:
I will check into that property for you. I'm not sure what is going on with it. It has been vacant for a while.
0 votes 6 answers Share Flag
Thu Apr 30, 2015
Marilyn Bell answered:
There are definitely homes available with in-law suites or nanny quarters. What is your price range? Are you looking to buy or rent? Do you have a specific part of town in mind?
0 votes 7 answers Share Flag
Thu Jan 31, 2013
Tim Moore answered:
I guess I have never seen a listing without a price before. It would be like buying a car without seeing it or a picture of it.
0 votes 13 answers Share Flag
Thu Mar 28, 2013
Rory Lithgow answered:
I can recommend a realtor in the Mount Juliet area of town which will have what you are looking for.
Let me know.


Rory Lithgow
The Home Lending Source
615-627-4868
0 votes 6 answers Share Flag
Sun Dec 30, 2012
Sharon Wayman answered:
Just check out any neighborhood at www.crimemapping.com, or contact the local precinct.
I will be glad to show you any property in MIddle Tennessee.
0 votes 5 answers Share Flag
Thu Jun 30, 2016
Your Solar Realtor answered:
Naval Federal Credit Union offers a 100% financing No PMI. You would have to confirm the loan amounts and speak to a loan consultant. I am certain there are restrictions. You just have to get more info.
Good building!!
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0 votes 8 answers Share Flag
Mon Aug 10, 2015
Monica Neubauer answered:
Welcome to the Middle TN area! I have to say that asking Realtors that question will not be much help for you. The Fair Housing Laws and Code of Ethics (which specifically mentions Sexual Orientation) prevent agents from discussing areas and the "types" of people who live in certain places. We are to focus on property only, not the people who live in them. And furthermore, agents don't really know for sure the makeup of every area anyway - that doesn't fall into our general area of knowledge - specifically.

I understand that you want to get this information, and I would encourage you to ask your question on other forums, where there aren't as many Realtors who are answering the questions. Then, when you hire an agent, you can tell them the areas you are interested in.

I wish you the best. If I can be of further assistance, feel free to contact me through my profile info.

Thanks!
Monica
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0 votes 18 answers Share Flag
Sat Dec 8, 2012
Kimberly Cunliffe answered:
It's a very lengthy process to get a loan through NACA. Most buyers decide to go through THDA or FHA instead due to the timely process otherwise. I would talk with a reputable lender or mrtgage broker who has been in the business for many years, and can help guide you to the product that would best suit your needs.

I would reccomend speaking with either:

Michael Wilson at Regions Bank- 615-596-2006
or Michael Smalling with Cornerstone Lending 615-300-6599
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Tue Dec 25, 2012
Sharon Wayman answered:
If you are already working for a company that offers job relocation. Just check with some of the local employment agencies. Randstad, also job websites, indeed.com, monster, careerbulder etc. ... more
0 votes 2 answers Share Flag
Tue Dec 11, 2012
Sharon Wayman answered:
Both areas have their pros and cons. I have lived in the Inglewood area for 14 years, and it's convenient to the Shelby Bottom trailways for walking or biking. It just depends on your personal taste, and location, price, etc. There are more restaurants, night life etc around 5 points, but the prices are much higher than around Shelby Park and other parts of East Nashville. South or North Inglewood area.

I will be happy to show properties in any area of Davidson County.
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