Nashville Real Estate News

Its not what you knowEarlier, I told you about the big change to the appraisal contingency and how it will affect both buyers ad sellers.  

Now, I want to tell you about the changes to the property condition disclosure.

This is a form that every seller completes when they list their home for sale.  This disclosure lists all of the items that are included with the sale.  Information on the components that are included.  And personal knowledge of anything that could be a problem or obligation of the new homeowner.

The form is going to look remarkably the same as last year, except there will be some key info missing.  

  1. The seller no longer has to disclose the age and power source of the HVAC and water heater. 
  2. The seller no longer has to disclose any known
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Did yo get every box checked?

Of course you didn’t.

That’s a silly question because I know most people won’t move forward or make a decision while there are unanswered questions.

The problem is not remembering to check off the boxes, it’s knowing what boxes to check.

When people ask me, why should I work with you when I can just do it myself and save some money?

I tell them, “It’s not the answers to your questions that get you in trouble.  It’s the questions that you did not know to ask that can cost you the most money.” 

Here’s a good example, you want to buy a home in a certain school district.  Most people will ask the agent or look at the listing to see the schools.  

But that doesn’t tell you the whole story.  

Did you check with the school board to see if

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Nashville Real Estate 2016 Final StatisticsThe year end numbers are in.  Can I get at drum roll please…

  • Closings = Up 5.6% to 38,954 units sold in 2016
  • Prices = Up 9.7% to $266,084 Median Price for Single Family Homes
  • Inventory = Down 8.7% to 9,901 homes for sale

It’s no secret that the Nashville Housing Market is on fire.  

Zillow rated us their Hottest Market for 2017

Our “hot-ness” was boosted by our higher than average home appreciation, income growth and lower than average unemployment rate.

Zillow Chief Economist Dr. Svenja Gudell said, "Mid-size cities like Salt Lake City, Portland, and Nashville are desirable places to live, with good employment opportunities and steady economic growth. The growth and demand for housing will drive up home prices in 2017, and

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When the game is overNo matter how much thought and preparation you put into a project, sometimes life pulls the rug from under your best laid plans.

Here’s a good example.

When Facebook first came out, there was no way to search for information on topics that you found important.  It was a shame because there was tons of great information that no one could easily access.

A friend of mine had a great idea to build a product that archived real estate info on Facebook and provided a way to search it.  

He was very excited about this project and spent months getting it ready.

And then it happened.

Within a few days of the release of this new product in March 2013, Facebook launched their own search option within the site.  

Immediately, they knew their

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the recorded deed scam and how it worksHere’s how the scam works.

Soon after you buy your home, you receive a letter in the mail that looks like an official government document.  It says “RECORDED DEED NOTICE” in big letters across the top.

It comes in an official looking envelope complete with warning labels.   

Next, you get a followup call from the sender reminding you of the delivery and stressing that it needs to be opened within 72 hours or your ownership interest may be in jeopardy.  

Then you remember your agent saying something about the importance of recording your deed.   

And all you need to do is pay them $83 and the problem will magically disappear.  

What a load of crap!

 Sure, the recording of your deed is one of the most important things when you buy a

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The Nashville Guide to New ConstructionOne of your benefits is first access to my latest guides and reports. 

And today, I am releasing the first one for 2017.

It’s the Nashville Guide to New Construction.  <——Click the link

It works on your phone or computer.

Some of the highlights of the guide include:

  • Links to search new construction homes all over Greater Nashville
  • The #1 Mistake Most Buyers Make with New Construction
  • How to Gain Leverage in a Seller’s Market
  • Average, High and Low Sales Prices of New Construction in 2016
  • How to Tell if a Builder is a Good Fit for You
  • Nashville Stats on Economics, Demographics and Quality of Life
  • How to Plan Ahead to Avoid the #1 Cause of Builder Disappointment 

I also plan on releasing the 2017 Guide to Buying a

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What I learned from Nick SabanPerfection is one of those weird qualities that can make you wildly successful or an ongoing failure, depending on how you put it to work.

Perfection gets ugly when it causes you to not take action until you have removed every flaw or defect.  Some folks call this “paralysis by analysis” because you never move forward due to the constant investigation and scrutiny.    

Over time this type of perfection takes an emotional toll because your failure to complete a project turns into your failure as a person.  

And that’s not healthy for you and your family.  

However, there is another way to approach your problem.  

First of all, unless you are a brain surgeon perfection is rarely necessary to be successful in completing a project.  So, how do

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Fear is a dark powerful emotion I spent most of the day yesterday with my daughter, who had all four wisdom teeth removed.  

While there one of the nurse told me something very interesting. She said, “Your daughter was so easy compared to the other two we’ve had this morning.”

Now I wanted to know what happened with the other two. 

The nurse shared that they fought the whole time during the operation, even though their arms were strapped in and they were under general anesthesia.

She said it was a “nightmare”, and it only happens to those who have extreme anxiety over the operation.”   

Fear lives in your subconscious mind.  How else would it rear it’s ugly head while you were unconscious?

And fear can force you to take terrible actions while you are doing something

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Fall in love with NashvilleIf you love music, then you would love living in Nashville.  

Music is part of the soul of the city and it mysteriously finds it’s way into your life when you least expect it.  

Two years ago I was picking up some last minute items at Trader Joes.  This store is always crowded, so just imagine it on Christmas eve.  

The checkout lines were backing up in the aisles and folks were becoming frustrated.  

Then it happened.

A dozen folks dressed in their best Victorian outfits, walked into the front door and started caroling.  

There must have been some magic because everyone stopped what they were doing to join in.

And when I say everyone, I mean the shoppers, the people waiting in line, the employees and even the managers were signing

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From homeless to humanitarianA while back, I was pumping gas when I was approached by a young man. 

He said that he ran out of gas and needed $10 in order to get to his home which was 50 miles away.

I didn’t have $10 that day, I only had a $20 bill. 

This guy looked honest so I gave him the money, wished him well and went back to filling the tank.  A few minutes later, I look up and see the young man telling the same sad story to another patron at the station.

Things like this are enough to make you jaded about helping people.  Especially, people that you see asking for help on a regular basis. 

And that’s why I wrote this story about Mario Martinez eight months ago. Mario was a homeless man who was selling the local street paper for year.   Until the day he saved enough to buy a

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