The following listings are foreclosures or bank-owned properties currently on the market in the Nashville, TN area. All properties are sold in "as-is" condition. Potential home buyers must provide an approval letter or proof of funds to close, and all offers should be non-contingent (no home to sell). For questions, call Rhonda Burgess, Broker, Realty World Southern Living, 877-750-0854 or email Rhonda@RealtyWorldNashville.com. Click on the highlighted city name for additional information.
City List Price Bedrooms Baths Sq.Ft. Type
Antioch $86000 2 1.5 1092 Townhouse
Antioch $119900 3 2.5 1482 Townhouse
Nashville $65000 2 1 912 Flat
Antioch $104900 2 2.5 1240 Townhouse
Nashville $184900 3 3 1875 Flat
Nashville $76900 3 1.5 1454 Townhouse
Residents interested in seeing the plans for the Bible theme park in Rutherford county are invited to information sessions to take place this week. Three open house meetings for Bible Park USA will be held this week in LaVergne, Smyrna, and Murfreesboro. The open houses will give citizens an opportunity to ask questions and obtain information about the proposed theme park to be built in the Blackman community. Developers are expected to submit plans to the Rutherford County Planning Department on Monday February 11th, the deadline in order to bring the rezoning befor the Rutherford County Future Development Committee in March. The meetings are scheduled for:
The Whirlpool Corporation plant on the Rutherford/Davidson county line in LaVergne, TN will be closing by the end of the year. Plans were announced last week to close the LaVergne plant as well as a plant in Reynosa, Mexico. The LaVergne plant currently manufactures built-in refrigerators. This production will be moved to the company's Fort Smith, Arkansas facility. Whirlpool Corp. is a leading manufacturer of home appliances under the Whirlpool, Amana, KitchenAid, and Maytag brand names. Whirlpool has been located in LaVergne since 1986. The company had previously announced in June 2007 the layoff of 330 employees when it phased out the production of air purifiers and dehumidifiers. At that time, the company said it had no plans to close the plant. This news comes at an especially hard time as LaVergne leads Rutherford county in the number of foreclosures.
I received a call last week from Jamey Tucker of WKRN News 2, the Nashville ABC affiliate, looking to interview some agents about the foreclosure market here in Nashville. He had read one of the posts on my Activerain blog discussing foreclosures in the Nashville area. I was excited and delighted to have interviewed and to have been featured on the local evening news. I have Activerain to thank first and foremost for the blog platform and the exposure. Check it out. Be sure to click on the video.
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www.RealtyWorldNashville.net Certified Short Sale Specialist serving all of the middle Tennessee communities.
Nashville Real Estate, including Antioch, LaVergne, Smyrna, Murfreesboro, Mount Juliet, Brentwood and Franklin
In today's market, you need a reliable and knowledgeable real estate professional. Rhonda Burgess is a Tennessee real estate broker who services the Nashville real estate market including Antioch, Lavergne, Smyrna, Murfreesboro, Franklin, and Mount Juliet. As a native Nashvillian and with more than 12 years experience in the Nashville real estate market, Rhonda has the knowledge and skills to benefit everyone from first-time buyers to experienced investors.
Visit Rhonda's website where you can search the Nashville MLS. Whether you a first-time buyer, or relocating to middle Tennessee, or just looking for Nashville area information, you can find what you are looking for on her website.
Contact Rhonda for all of your real estate needs.
Nashville Real Estate Communities
Rhonda Burgess is a Certified Short Sale Specialist. Rhonda has had extensive training from the Harris Real Estate University on how to effectively and quickly perform a short sale. Bad things happen to good people everyday, from a job loss to health issues to a divorce. These things do not define who you are. Or maybe because of the current market conditions, you are able to pay your mortgage but your neighborhood has severely depreciated in value and you are now "under water" in your property - owing much more than the property is worth. There are solutions to help you.
If you qualify, a loan modification can adjust change the terms of your mortgage, such as the interest rate and the number of years of the loan. These changes can make your monthly payment much more affordable. Most of the time if you are behind in your payments, a repayment plan can be included with your modification, allowing you to get back on track with a lower payment. With a modification, you have to have the ability to make the new mortgage payment. If you are unemployed or do not the income that you previously had, you may not be eligible for a modification.
With a short sale, you are selling the property for less than what is owed on it. Your mortgage company(s) agree to accept less in order to avoid foreclosure. A typical foreclosure costs the mortgage company anywhere from $30000 to $60000 depending on the circumstances. During the time that the property is in foreclosure and awaiting sale, the mortgage company is having to pay for the lawn maintenance and utilities as well as risking the chance of the property being vandalized while it is vacant. The banks and mortgage companies prefer a short sale because even though they are losing money, a short sale loss is less than the foreclosure costs. With a properly done short sale, the sale can be completed and closed in less time than the foreclosure process.
Short sales have a less devastating effect on your credit. With a foreclosure, credit scores normally drop anywhere from 200-300 points. A short sale shows on your credit report as "paid in full" or "paid in full for less than full amount". Either way, your score is not affected near as much as the damage a foreclosure does. With a successful short sale, you can be eligible to purchase another home in as little as 24 months. With a foreclosure on your credit report, you are looking at a minimum of 3-5 years before you are eligible to purchase another home.
When you are working with a Certified Short Sale Specialist like Rhonda, the process is full explained to you. Rhonda will handle all of the bank/mortgage company negotiations. Rhonda will price your property to sale, effectively market your property, and get the deal to closing in a very timely manner. You will be kept "in the loop" along every step of the way. At the same time that your property is being marketing, Rhonda can help you secure a new rental property or even purchase a new home if you are in the position to do so. Rhonda strives to make the process as painless and stress-free as possible. All of your information is kept confidential and the transaction is handled with the utmost diginty and respect.
For a free confidential consultation to go over all of your options, please give Rhonda a call at (615) 751-6234 or email her at Rhonda@RealtyWorldNashville.com
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