Home Buying Blogs – Nashville

Home buying advice for Nashville, Tennessee residents, brought to you by The Ashton Real Estate Group of RE/MAX Advantage.

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Home Buying Blogs – Nashville

How to buy a home in Nashville, Tennessee.

Found 30 blog entries about Home Buying Blogs – Nashville.

How to Decide Between a Fixed-Rate and an Adjustable-Rate MortgageWhen Brentwood homebuyers are first getting to know their mortgage options, they'll likely hear the terms ARM and fixed-rate over and over again. They're also likely to notice that one has more attractive interest rates than the other. But choosing between an adjustable-rate mortgage (ARM) and a fixed-rate mortgage is more than just considering the interest rates as they are now. Learn more about how buyers should approach their mortgage, whether they plan to stay in the home for 5 years or 5 decades.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

How Adjustable Rates Work

Adjustable rates can change based on the market, making it possible

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When Debt-to-Income Ratio is Too MuchWhen you apply for a mortgage to buy a home, there are many factors that your lender will consider before approving your loan. One of the things that lenders think about when they're approving or denying a mortgage is the potential borrower's debt-to-income ratio. Knowing what DTI is, how that impacts your ability to buy a home, and what you can do to improve your debt-to-income ratio can help you through the home buying process.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

What Does Debt-to-Income Ratio Mean?

Debt-to-income ratio is the amount of money that a home buyer pays monthly for debts compared to the amount of money they make

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What to Know Before Buying a Home With a PoolPools can be a great addition to a home, and many home buyers dream of one day buying a home with a large pool that everyone can enjoy. However, owning a pool comes with a lot of factors that are often overlooked. Before buying a Gallatin home with a pool, homeowners need to make sure they know exactly what they’re getting into. Here are some of the most important things home buyers need to know about pools before they decide to buy a home that has one.

Pools Require Maintenance and Upkeep

Every part of a home will require occasional upkeep to ensure it stays working, and pools are no different. However, many buyers don’t realize just how much effort pools require and think the most they will need to do is add chlorine and keep the water topped

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4 Red Flags to Look for When Buying a New HomeBuying a new Franklin home is one of the most important decisions in a person’s life, and the results of that decision can affect them for a long time to come. For that reason, home buyers need to be sure that the home they’re buying is everything it’s supposed to be. There are some homes on the market that aren’t as good of a buy as they seem. Fortunately, these types of homes often have visible red flags that buyers can identify if they know what to look for. Here are some of the most common red flags a home can have and what they can mean.

Unusually Low Prices

Everyone loves finding a great deal, whether they’re shopping for groceries or looking for a new home to spend their life in. However, finding a home at a great discount isn’t like

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Find Architectural Appeal in Classic, Older Starter HomesModern families prefer open floor plans, large windows and bright interiors, great kitchens with eat-in space, and a private back yard. But, without the need to renovate, what home styles offer these features?

Statistics show modern Crieve Hall home buyers often anticipate spending money to update or remodel, but is it always necessary? Some home styles boast plenty of appeal just as they are. Although it might take some effort to find one, the search can be rewarding and cost-effective.

Mid-Century Modern

The mid-century aesthetic features unrestricted interior view lines, often integrating living, dining and kitchen space with soaring ceilings and few walls, or perhaps half-walls to delineate room function. Characterized by large expanses of

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Everything You Need to Know About Building Real Estate TechnologyReal estate building technology has made leaps and bounds in the last few decades. The invention of tablets, smart software and even new construction tools has improved efficiency for contractors who build homes. Residential structures are constructed faster and easier than ever, and they're made to be more efficient for homeowners. If you're thinking about building a home sometime in the next few months, here's what you need to know about new real estate building technology.

Communication Software for Contractors

One of the reasons the home building process has improved in the last few years is because of communication software available to contractors. Home builders now have access to powerful communication tools, which enable them to track

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Buying a Home With a Septic Tank? Read This FirstSeptic tanks are very different from sewer systems. They function differently and are maintained differently. Old Hickory home buyers who have never had a septic tank before should be aware of the differences before they purchase a house with a septic tank. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Understand How Your Septic Tank Functions

A septic tank is a giant underground tank that can hold hundreds or thousands of gallons of waste water at any given time. Any time someone in the home flushes a toilet, runs the dishwasher or does the laundry, that waste water enters the septic tank. All waste water from the home

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Should I Get a Preapproval or a Prequalification Letter?Unless a Nolensville homebuyer is prepared to put down the total cost of the home in cash, they'll need to visit a lender to see how much they can borrow. While traditional banks may be the more well-known lenders, buyers can apply for credit at any number of institutions (e.g., credit unions, online banks, brokerage firms, etc.). See how the lending process works, and how preapproval and prequalification letters can help or hurt the search.

There are distinct differences between the two types of letters a buyer can receive from a lender. A home seller may not know the difference prior to putting their home on their market, but their real estate agent will almost certainly give them an education on the process.

For informational purposes only.

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Everything You Need to Know About Applying for a MortgageApplying for a mortgage can be stressful, especially if it's your first time. It's common for people to make mistakes in the mortgage application process, and sometimes those mistakes can have long-lasting effects. If you're thinking about buying a Belle Meade home, here's what you need to know to avoid serious mistakes.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

1. Borrowing Too Much

Most lenders will approve borrowers up to a certain amount. Sometimes, the maximum amount that a lender will approve is more than the borrower can realistically afford while maintaining their preferred lifestyle. Buying a home that is too expensive could result in the

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Property Taxes for New Home Buyers: What to KnowProperty taxes are a part of homeownership. In many communities, property taxes are an important source of revenue that pay for services like schools and roads. While property taxes themselves are somewhat ubiquitous, homeowners can have different experiences with property taxes.

The amount paid varies by house and the rate varies by community. In addition, some homeowners pay for their property taxes when they make their monthly mortgage payment as part of a conventional mortgage. Others must pay their property taxes separately.

It's hard to know what to expect when you're buying your first home, but it's important to be prepared for property taxes. Property taxes must be paid, or a lien could be placed on the home. If you're buying your first

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