Ready to Flip?
If you think you want to get into flipping houses,
this article may be of great interest to you. It features a couple who offer the lessons they learned when flipping their first home in Oregon. Two things popped out immediately: it's all about the location and never think you will do it "under" budget. Go and read ... it's a good one!
And if you're interested, there are a couple of possible "flip" homes in Smyrna for under $100,000. In Nashville, there are 407 homes under $100,000. Yes, that's 4-0-7. Here's a
Renovation Calculator to help figure out how much specific remodels would be worth in a flip. Like the actress in the infamous campaign ad said, "Call me!"
Batman Building Could Be Yours
Whether you picture it with the Eye of Sauron inside the towers or simply consider it the Batman Building, the Bellsouth Building is up for sale! It could be yours for a cool $125 million. Any takers? Read
the article from the Tennessean for more info.
Batman Building Could Be Yours
Whether you picture it with the Eye of Sauron inside the towers or simply consider it the Batman Building, the Bellsouth Building is up for sale! It could be yours for a cool $125 million. Any takers? Read
the article from the Tennessean for more info.
Bob Parks to be Honored
Congratulations to Bob Parks, the founder and owner of the company I work at. He is being recognized as the Humanitarian of the Year by the YMCA. We really do work hard as a company to make contributions back to uor community. We give to the American Heart Association, the American Cancer Society, Make-A-Wish, and more. Several years ago, when agents approached Bob about what he wanted for Christmas, his reply was to donate money so a child could have a good Christmas. Years later, thousands of children have received new clothes and toys under their tree because of Bob. So thank you Bob Parks for your support and compassion throughout the years. It's an honor to work at your company.
Remodelers moving to West (East) Nashville
For a long time, according to the Tennessean, people bought homes in East Nashville so they could be remodeled and resold at a huge profit. However, the trend is turning and now homes in West (East) Nashville are under the looking glass.
Read about the trend at the Tennessean.
NOTE: I edited this adding West (East) Nashville because it's the East end folks like, but the west end of east end. :) Thanks John!
Candlelight Tour of Homes
A candlelight tour of homes is slated for Murfreesboro from 4:00 - 9:00 p.m. on Saturday, December 9th. Tour admission is $10 per person 21 years and older; $8 for high school and college students; $5 for ages 6-13; and free for children ages 5 and younger. Tickets may be purchased at any home on the tour or at Oaklands Historic House Museum, according to the Daily News Journal. Money will be used for the upkeep and maintenance of historic homes.
Read all about it here.
Time of Year for Fireplace Maintenance
As cold weather settles in, it's the time of year to perform maintenance on your fireplace. Chimney fires occur when heat combusts flammable material (residue from fires) on the chimney wall, so get your chimney inspected and cleaned!
If there is a fire,
here's a guide about how to detect it and what to do (after calling 911) from the Hearth, Patio & Barbeque Association.
Nashville and Rutherford Numbers Differ
The Tennessean reported this afternoon that the
housing market in Nashville improved in October, thanks to sales in condominiums. Condo sales were up 44% from this time last year. Last month, 3331 homes were closed in Nashville.
A quick study of the Rutherford market revealed that 503 homes were sold in October throughout the county. In October 2005, 556 homes closed. This means home sales were down a little more than 9% from this time last year.
By comparison, in October 2005 only 32 condos sold in Rutherford County. In October 2006, 19 condos sold. This is nearly a 60% drop in condo sales - a sharp difference between Nashville and Rutherford County.
Builder Incentives in Mid Tenn
During the office sales meeting this morning, one of our agents announced the incentives currently being offered on one home by a local builder. He is giving $10,000 to the buyer - whether closing costs, appliance upgrades, furniture, etc. He is also offering ...
are you sitting??? ....
a red 1956 Studebaker.
I have no idea if the one being offered looks anything like this one, but here it is anyway.
Anyone want to tour a nice home with me?
Applications for Loans Decline
The number of people applying for home mortgages has declined, according to MSNBC. This provides a bigger picture of how many people are currently buying, not just a snapshot of new construction.
Read the article here. This really is a good time to buy ... sellers are selling their homes at more reasonable prices rather than attempting to inflate prices like from the housing "boom" from this past summer and year. Go get you some! :)
And by the way, remember that buyers can't pay too much -- that's a very positive function of hiring an appraiser!
