Nashville Real Estate Talk

Carriage Trail in Mount Juliet Brings Affordable Luxury Homes

Jim Wood — Fri, 30 Jul 2010 01:18:33 +0000

Carriage Trail in Mount Juliet brings affordable Luxury Homes.

It’s been a long while since we have had a builder with affordable homes for sale in Mount Juliet. Finally we have something to cheer about with Carriage Trail in Mount Juliet. Affordable new homes in Mount Juliet.

Norfolk Homes has brought their distinctive style from Brentwood to Mount Juliet.

Carriage Trail Homes located just 1 mile from Old Hickory lake is all the buzz right now.

Just $156,900 for the basic Garland Plan and they are already selling fast.

The Garland at Carriage Trails

With 1576 sq.ft. this home is priced to compete with the more expensive new homes in Providence .

9 Ft. ceilings, granite counters, and many other sought after amenities are included and the upgrades available are also reasonable.

There are just 28 Homesites available so don’t wait. Call us now to tour the model. Jim 615-347-4424.

Search Mt. Juliet Homes

Brentwood Homes Sales Rebound-Bonbrook Leads all Neighborhoods in Sales

Jim Wood — Thu, 29 Jul 2010 15:02:45 +0000

Brentwood Homes Sales Rebound-Bonbrook Leads all Neighborhoods in Sales-

One of my clients asked for a Market survey on Brentwood Tn. He is using our MLS search Engine www.NashvilleHomeSearcher.com to look for a Luxury Home in Brentwood.

We pulled this report for high- end Brentwood TN homes in the $550,00+range. That range of homes was very quiet just 6 months ago- Not Anymore!

Brentwood High-End Home Sales- April through July 2010

Actually 2 of the Active Properties are “Under Contract”. That means out of 22 properties 14 have gone under contract or closed in the last 90 Days!

Leaving just 8 homes available or less than a 2 month Supply.

BonBrook neighborhood lead all others with 2 closings, one under contract. That’s an average of one home per month selling in BonBrook. The number 2 neighborhood for Brentwood Tn home sales was Inglehame Farms with 1 closing and 1 home under contract.

For Brentwood, TN home sellers, this is great news. For Brentwood, TN home buyers, you need to get moving, this activity will bring higher prices soon.

Need a Market Survey for your Price Range? Call Jim & Cathy Wood at (615) 347-4424 or email : Jim@JimWood.net

Search Brentwood Homes for Sale

Mt. Juliet Open House Sunday July 18, 2-4PM

Jim Wood — Fri, 16 Jul 2010 18:49:16 +0000

Mt. Juliet Open House Sunday July 18, 2-4PM
837 Ridgetop Drive, Mt. Juliet

Beautiful Home on almost 1 full wooded acre.

Willoughby Station, Mt. Juliet Hosts Summer Swim Meets

Jim Wood — Wed, 14 Jul 2010 20:29:34 +0000

Willoughby Station, Mt. Juliet Hosts Summer Swim Meets

One of the highlights of summer in Mt. Juliet are the swim meets held at Willoughby Station. Willoughby has 2 pools and the kids are famously good swimmers.

On this day the kids from Willoughby won.

If you’re thinking about Mt. Juliet Neighborhoods, be sure to consider Willoughby Station, it has a lot to offer.

If you’re Mt. Juliet Home Buyers, you can’t go wrong with Willoughby.

Mt. Juliet Short Sale Sold, Here’s How We Did It!

Jim Wood — Wed, 14 Jul 2010 18:02:10 +0000

Mt.Juliet Short Sale Sold! Here’s how we did it.

When the owner of this home on 5 acres came to us we knew right away that we would need to use a short sale to get him out from under the horrendous mortgage payments and salvage his credit.

The owner had bought the home for just $180,000 two year before. But the over zealous lenders kept coming back to him and telling him the property value was escalating. They led him to believe he couldn’t go wrong re-financing the home and taking out money from his “equity”.

Within a year he owed over $260,000 for the property. Ten the re-finance option stopped. he was informed by a Mortgage company that the property would bring less than $230,000 in the 2009 Market.

Worse yet, the homeowners business was failing because of the struggling economy, he could not make the large monthly payments. With his business failing he could not qualify for Government Mortgage Reduction either.

That’s where we took over the situation.

We immediately contacted his Mortgage company and let them know the situation. We helped the homeowner write hardship letters explaining his predicament. We applied for a Short Sale package from his lender and helped him gather all the required paperwork. Then we made sure that each piece of paperwork was received by the mortgage holder and verified that.

We had the homeowner sign paperwork authorizing us as his representative to the mortgage company. That way we could call them anytime and keep the process moving.

We listed the home for sale at a price close to last appraisal value of $230,000. We let everyone know we were Short Selling the property and would consider ALL offers for the Bank. We also committed to would be buyers that we would only forward one bid to the bank. Others could bid if they wanted, but we would only send them in if the Bank turned down our best bid.

We negotiated a bid from a buyer and with the homeowners signature sent it to the mortgage company.

Once the bank gave us the name of their negotiator we made ourselves available to him day and night, weekends too. I carried the file with 24/7 and was always ready to answer any questions.

Next we helped the bank get a Brokers Opinion on the property from an independent, registered Broker. He concurred with our estimate of the properties real worth and the property was moved to a second tier negotiator.

From then on we provided the mortgage company with accurate numbers of exactly how much of the offer price they would receive. The final price was $215,000. The property was closed in the last week of June 2010.

the new homeowner got a great deal on a wonderful 5 acre property. The home seller came away with nothing but at least he was relieved of the burden of the mortgage and can now restart his career and put his life back together.

The mortgage company learned a lesson too.

We were happy to help another neighbor get through this ordeal

If you or someone you know is underwater with a house note they can’t possibly pay, don’t let them slip into foreclosure. Short selling can mean the difference between a short setback and years of bad credit. Give us a call at 615-347-4424. We’re confidential and we’re here to help.

5 Acres offered in Historic Mt. Juliet Community of Suggs Creek

Jim Wood — Thu, 08 Jul 2010 16:50:11 +0000

5 Acres offered in Historic Mt. Juliet Community of Suggs Creek.

Named for the Pioneer Aquilla Suggs, Suggs Creek is one of the earliest settlements in Mt. Juliet and Wilson County Tennessee. In 1805 Wilson County authorized the building of a road between Suggs Creek and Spring Creek, connecting it to Woodrums Path rd. and from there to what is now Lebanon Rd. In 1814 the Cumberland Presbyterian Church was founded there and there remains a Church and graveyard on that spot.

This 5 Acre parcel of the area is located less than 1 mile from Mt. Juliet rd. The land has a gentle roll to and most of the neighbors are raising horse there.

The property is priced at $99,900. Thats very reasonable for prime building land in Mt. Juliet and the land has already been perked for a 3 bedroom home.

Rolling 5 Acre Parcel

The Suggs Creek5 minutes from Providence

This site is just about 5 minutes from Providence, Rutland School and Percy Priest lake.

See the MLS Listing for this Parcel at : Suggscreek Property

4000001543790?page=1&o=5

Mt. Juliet Home in Cambridge Woods Sells in Record Time

Jim Wood — Mon, 28 Jun 2010 20:24:35 +0000

Cambridge Woods Home Sells in Record Time.

This home at 1728 Wrencrest in Cambridge Woods recently sold in a record 21 days.

: All homes in Cambridge Woods were custom built like this one.

At $310,000 this home is in the upper reaches of Home sales in Mt. Juliet, TN.

Yest this home was under contract and PENDING in less that 3 weeks?! How come.

Marketing is the answer. While most mT. Juliet and Nashville Realtors market homes locally with small ads in Supermarket giveaways and on the Nashville MLS, Mt. Juliet Realtors Jim & Cathy Wood chose to market this home Nationally using modern tools such as Web Syndication and Web Publishing.

What is Web Syndication?

Web syndication means lacing a home on the top 30 websites for Home Buyers across the country. These Special sites are so popular thta the charge for acces. In the case of some like Yahoo, the Realtor pays a minimum of $300 per year. Others like Realtor.com offer expanded listing coverage, including additional photos and Virtual Tours for $25 per home. ” Web Syndication is critical for home sellers in Mt. Juliet. 50% of the best homes in Mt. Juliet are bought by people moving here from out-of-state. They need to see your home in the best possible way, and that means spending the money for the best sites and tours”.

What is Web Publishing?

Web Publishing means using tools like Social Networking and Bolg Articles to expose the home to commuities of people who are looking for a home like this one.

For this home Jim Wood publsihed several articles about the Historis Signifigance of Cambridge Woods and the historic Farmland that ist is based on. A Buyer in FLorida saw the publications at his home in Orlando and arranged to see the home on his next trip to Mt. Juliet.

If your selling a Mt, Juliet, Brentwood or Nashville area home, make sure your Realtor is marketing your home with the lates methods. It doesn’t cost you anymore, and the results can be surprisingly fast.

As you can see by this chart below, the avreage selling time for a hme in Mt. Juliet is actually 180 Days!

Search Mt. Juliet area Homes

How’s the Mt. Juliet Market?

Why is it a great time to buy a Nashville, Brentwood or Mt. Juliet Home

Jim Wood — Fri, 25 Jun 2010 16:12:36 +0000

Why is it a great time to buy a Nashville, Brentwood or Mt. Juliet Home?

Just look at the math! You can own a $200,000 Mt. Juliet home for less than the rental of a 3 bedroom Apartment!

Tom Matthews of Hometown Lenders in Mt. Juliet put this short video together for you. It shows how a $220,000 Mt. Juliet home at today’s mortgage rates has never been more affordable.

I hope you enjoy this short video.

You can reach Tom Matthews at 615-852-0229

Search Brentwood, Mt. Juliet and Nashville area Homes

View Neighborhood Sales Stats for all of Nashville

Willoughby Station Leads Mt. Juliet in Sales of Existing Homes 2010

Jim Wood — Thu, 24 Jun 2010 20:44:07 +0000

Willoughby Station Leads Mt. Juliet in Sales of Existing Homes 2010.

By now you probably know that Mt. Juliet leads all of Tennessee in sales of New Homes. Mt. Juliet is rated #29 in the USA for new homes sales. And we all know that Providence leads Mt. Juliet in the sale of thse new homes.

But did you know that Mt. Juliet is also among the leaders in Tennessee for sales of existing homes?

And what neighborhood leads Mt. Juliet? If you guessed Willoughby Station you were right. Since May 1 Willoughby Station accounts for more than 10% of existing home sales in Mt. Juliet.

But even more important, Since May 1, there have been 13 homes to sell or go under contract in Willoughby Station. That’s more than 1/3 of the 36 homes that were available in just 5 weeks.

I Real Estate we describe a Balanced Market ( neither a buyers- nor a sellers market), as one where ” there is a 6 month supply of homes at the present rate of sales”.

Willoughby Station is a Balanced Market.

Willoughby Station has 13 Homes sales'pendings in the last 5 weeks

Search Willoughby Station/ Mt. Juliet Homes

Mt. Juliet Market Reports

May New Home Sales Down? Not in Mt. Juliet

Jim Wood — Thu, 24 Jun 2010 19:17:24 +0000

May New Home Sales Down? Not in Mt. Juliet

mt. Juliet new home sales may 2010

May sales of new homes in Mt. Juliet were actually UP by 2.5% over April.

Here are the stats:

Mt. Juliet New Homes selling at 400 unit annual rate

38 New Homes sold in May-

Now here’s April’s graph

So, 37 units in April and 38 in May. The demand for new homes in Mt. Juliet continues. All this shows is that national statistics don’t tell the whole story. Every neighborhood is different.

Search New Homes in Mt. Juliet

We’re experts at negotiating with builders, call us to discuss negotiating a fair price for new home in Mt. Juliet

Jim & Cathy Wood

615-481-7609