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 14 blog entries about Home Buying Blogs – Nashville.

What You Need to Know About Credit Score When Buying a HomeThere are many things that affect a home buyer's ability to get a mortgage, and one of those things is a credit score. Before trying to get a mortgage, it's helpful for a home buyer to find out what their credit score is and what could be done to improve their credit score and boost their chances of getting a mortgage. If you're thinking about purchasing a home soon and will need to get a mortgage, here's what you need to know.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

What is Credit Score? How is it Calculated?

A credit score is a score that measures a person's creditworthiness. There are many factors that affect credit score, including the number of open

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4 Tips For Preparing For a Long Distance MoveThe old home has been sold, the new home has been purchased, and almost everything is packed away. Now it’s time to focus on the move, but that’s easier said than done, especially when moving requires driving across the country. Long distance moves share a lot in common with local moves, but they also present their own unique challenges. Here are some useful tips to keep in mind when preparing for the big move.

1. Get Rid of Anything Unnecessary

When moving long distance, moving space is extremely valuable, so homeowners need to ensure that they’re only taking the things that they truly want and need. When packing up everything to go, homeowners should be sifting through all of their things and separating what they don’t want in order to

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Homeowners Insurance Information for Home BuyersFor most new home buyers, obtaining homeowners insurance is an important part of buying a home. Knowing what homeowners insurance is, what it does, how it protects buyers and when it's required can help keep the home buying process smooth.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Homeowners Insurance Protects You From Financial Liability

Homeowners insurance is a product that protects the homeowner from financial liability if the home or its contents are damaged in a covered event. When a covered event, the insurance will pay to repair or replace what has been broken, damaged or destroyed. What is covered by a homeowners insurance policy can vary from one

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All About Closing CostsHome buyers need to be prepared to pay for some expenses when buying a home. Closing costs are one of the more difficult to understand expenses because they're made up of many different fees. Closing costs also cause confusion because the buyer won't know how much money they owe until close to the end of the escrow period.

All of this uncertainty can sometimes lead to some confusion that can actually disrupt the home buying process. Knowing what to expect can help make the home buying process less stressful for buyers.

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

What Are Closing Costs?

Closing costs are the fees that are paid at the end of the

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4 Tips For Buying a Home in a Seller’s MarketMany buyers may have heard the phrases “seller’s market” or “competitive market,” but what do these terms mean? A competitive market, when used to mean a seller’s market, is when there are more buyers looking to purchase a Nolensville TN home than there are homes for sale, creating competition between buyers. Buying a home in a seller’s market is different than other markets because buyers have to move at a much faster pace than they would have to otherwise. Here are some tips all buyers can use to help their odds of finding and purchasing the home they want despite the competition.

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

Don’t Be Too Picky

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Information About Building a New Construction HomeBuilding a custom Franklin TN home can be a rewarding and thrilling experience. If you're a home buyer who is thinking about building your own home sometime in the near future, these tips can help. By planning properly, budgeting properly and by hiring a professional and capable builder, you can have a positive experience building a home.

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

Plan Properly

The great benefit of building a home from the ground up is that the buyer can design a home where he or she can live happily for many years to come. Often, a home buyer's needs will change as years pass. Home owners who want to stay in one home for

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Buying A Home? What You Need to Know About the ContingenciesBuying a home can be complicated and time consuming. When making an offer on a home to buy, a contract to purchase is usually prepared. In addition to different types of mortgage and the amount of down payments, home buying contingencies are an important part of a home purchase agreement. Knowing what the contingencies are can help home buyers avoid problems during the home buying process.

Home Buying Contingencies Defined

The contract between a home buyer and home seller is called a home purchase agreement. A standard home purchase agreement contains clauses called "contingencies." The contingencies are protections for the home buyer. Each contingency allows the home buyer to usually cancel the home purchase agreement without financial

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Are PMI Payments Obligatory?You want to buy a home but cannot afford to make a large down payment. Thankfully, potential buyers have options and may qualify for a home mortgage loan while putting down a small down payment. However, such a common situation does often come with strings attached.

Lenders want the security that comes along with borrowers investing in a home with a down payment of at least 20 percent. When this is not possible, they look for another way to protect the loans they are making. If a borrower cannot put at least 20 percent down, lenders consider these borrowers to be a higher risk. To protect this risk, lenders require borrowers to purchase Private Mortgage Insurance, or PMI.

For informational purposes only. Always consult with a licensed

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Investing in a Fixer Upper Home: Tips for Buyer SuccessBuying a fixer upper home can lead to one of two final results: buyers either get a great deal on a dwelling to live in or flip for profit, or they may end up facing a scenario where serious problems expose the home for the money pit it actually is. However, anytime is considered a ‘good time' to buy a fixer upper, regardless of current real estate market conditions. The key to success is to obtain numerous inspections on fixer uppers, which can help buyers negotiate the bottom line price while giving them a good idea of what they're getting into beforehand.

Tips for Choosing a Fixer Upper Home

While many buyers want a move-in ready dwelling, those who can see beyond a few imperfections and are not intimidated by taking on a few repairs can

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Pros and Cons for Buying a CondoCondominium living has its advantages, but it is not the ideal choice for everyone. With this guide, people will understand the common benefits and concerns surrounding buying a condo.

Pro: No Exterior Maintenance

Being a homeowner often calls for more work in maintenance and upgrades than renting. For owners of single-family homes, much of that upkeep is related to the yard. Condo owners can bypass most of it. People who own condos have to pay for the management of the:

  • exterior structure
  • grounds
  • amenities and features of the property
  • building repairs

The benefit is that they are not personally obligated to provide this maintenance. Buyers who have limited time, funds, or ability to do yardwork may have an easier time

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