Nashville & Murfreesboro Short Sale REALTOR

Monday, April 11, 2011

Nashville TN FHA Short Sale Pre-Approved and Priced to Sell

Nashville TN FHA Short Sale Pre-Approved and Priced to Sell

Nashville TN FHA Short Sale Pre-Approved and Priced to Sell

Jim McCormack, a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor was able to get this Nashville Tennessee (in Sugar Valley) FHA short sale pre-approved and priced to sell. If you are interested in this property please Contact Jim. Jim was able to get this Nashville FHA short sale pre-approved and priced to sell due to the following reasons:

Proper research and work prior to marketing the home for a sale. This includes researching the loan type and correctly packaging and handling the seller's application to the HUD Preforeclosure Sale Program (see my blog post FHA Insured Loan Foreclosure and Short Sale Process for information about this short sale program).
Understanding the FHA short sale process.
A reasonably accurate appraisal by the bank (Wells Fargo).

Please do not let the bank foreclose on you. If you have an FHA insured mortgage loan, or any mortgage loan, and you have missed payments, or will miss payments, please Contact Jim for a free no obligation consultation to discuss your foreclosure prevention options.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville or Middle Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Hendersonville TN FHA Short Sale Under Contract In Less Than 30 Days

Hendersonville TN FHA Short Sale Under Contract In Less Than 30 Days

Hendersonville TN FHA Short Sale Under Contract In Less Than 30 Days

Jim McCormack, a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor was able to get this Hendersonville Tennessee (in Alexandrea Place) FHA short sale under contact with multiple offers in less than 30 days. The sale is scheduled to close in a few weeks pending short sale approval. Jim was able to get this Hendersonville short sale approved so quickly due to the following reasons:

Proper research and work prior to marketing the home for a sale. This includes researching the loan type and correctly packaging and handling the seller's application to the HUD Preforeclosure Sale Program (see my blog post FHA Insured Loan Foreclosure and Short Sale Process for information about this short sale program).
Understanding the FHA short sale process.
Willingness and ability to fight the bank (Chase) despite the fact that they mishandled the short sale for months. Ultimately, Jim got the FHA National Servicing Center involved in order to get the bank to process the short sale correctly so that another unnecessary foreclosure is prevented.
A reasonably accurate appraisal by the bank.

Brentwood TN FHA Short Sale Under Contract and Approved In Under 30 Days

Brentwood TN FHA Short Sale Under Contract and Approved In Under 30 Days


Brentwood TN FHA Short Sale Under Contract and Approved In Under 30 Days

Jim McCormack, a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor was able to get this Brentwood Tennessee (in Concord Place) FHA short sale under contact and approved in less than 30 days. The sale is scheduled to close in a few weeks. Jim was able to get this Brentwood short sale approved so quickly due to the following reasons:

Proper research and work prior to marketing the home for a sale. This includes researching the loan type and correctly packaging and handling the seller's application to the HUD Preforeclosure Sale Program (see my blog post FHA Insured Loan Foreclosure and Short Sale Process for information about this short sale program).
Understanding the FHA short sale process.
An reasonably accurate appraisal by the bank.

Per my previous blog posts, Brentwood Distressed Sales Activity Increasing and Brentwood Governors Club Seeing More Distress Sales, the number of short sales and foreclosure sales in Brentwood Tennessee is increasing. Please do not let the bank foreclose on you. If you have an FHA insured mortgage loan, or any mortgage loan, and you have missed payments, or will miss payments, please Contact Jim for a free no obligation consultation to discuss your foreclosure prevention options.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, LaVergne, Columbia, Mt. Juliet, Springfield, Gallatin, Hendersonville or Middle Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Wednesday, March 9, 2011

New Tennessee Mortgage Foreclosure Deficiency Law

New Tennessee Mortgage Foreclosure Deficiency Law
Banks and Mortgage Lenders Limited to Two Years to Pursue Deficiency Judgment After Foreclosure
Law Both Helps and Hurts Homeowners Facing Foreclosure

Many financially distressed homeowners who are facing foreclosure are concerned about the potential for a post-foreclosure deficiency judgment (basically the difference between what is owed plus foreclosure and holding costs less the amount of net proceeds received by the bank due to the foreclosure sale). The New Tennessee Mortgage Foreclosure Deficiency Law helps borrowers by limiting that "foreclosure deficiency window" to 2 years, but it also establishes a calculation for the mortgage foreclosure deficiency. Namely, the law allows the banks and mortgage lenders to take the amount owed, add sale and holding costs to that figure and then use the foreclosure sale price as the "market value". Since foreclosures generally sell for below market this exacerbates the mortgage foreclosure deficiency amount, and, thus this new law could potentially hurt financially struggling former homeowners who lost their home via foreclosure. Therefore, even with the protection this new law offers former homeowners who where foreclosed, it still does little to address the fact that short sales are a much better alternative financially for homeowners versus foreclosure.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Monday, March 7, 2011

Waiting Periods to Buy a Home After Foreclosure, Deed-in-Lieu, Short Sale and Bankruptcy

Waiting Periods to Buy a Home After Foreclosure, Deed-in-Lieu, Short Sale and Bankruptcy Buying a Home and Getting a Mortgage Loan After Foreclosure, Deed-in-Lieu, Short Sale and Bankruptcy
(Updated 5/2/2012) Many financially distressed homeowners who are facing foreclosure and considering a deed-in-lieu of foreclosure, short sale or even bankruptcy have asked me how long they will need to wait to buy a home after foreclosure, short sale or bankruptcy. Since the answers are found in multiple places, I decided to compile a complete list and cross reference them for accuracy. In order to accomplish that task and compile the Waiting Periods to Buy a Home After Foreclosure, Deed-in-Lieu, Short Sale and Bankruptcy below, I utilized the following sources:

Waiting Periods to Buy a Home After Foreclosure, Deed-in-Lieu, Short Sale and Bankruptcy Federal Housing Administration (FHA) Insured Loan FHA Extenuating Circumstances: "Serious illness or death of a wage earner. Divorce and the inability to sell a property due to a job transfer or relocation does not qualify as an acceptable extenuating circumstance."

Foreclosure - 3 years from the date foreclosure completed and property transferred back to the bank. Less than 2 years, but not less than 12 months from the date foreclosure completed and property transferred back to the bank may be possible with acceptable "extenuating circumstances".
Deed-in Lieu - Same as Foreclosure.
Short Sale - 3 years from the date sale closed and transferred to the new owner. No waiting period if seller/borrower had no late payments on any mortgages and consumer debts within the 12 month period preceding the short sale AND seller/borrower was not taking advantage of declining market conditions.
Bankruptcy (Chapter 7) - 2 years from date of bankruptcy discharge with re-established credit paid as agreed or no new credit obligations incurred. Less than 2 years, but not less than 12 months from the date of bankruptcy discharge may be possible with acceptable "extenuating circumstances" AND borrower has since exhibited a documented ability to manage financial affairs in a responsible manner.
Bankruptcy (Chapter 13) - 1 year from the start date of the bankruptcy re-payment period has elapsed and the borrower's payment performance has been satisfactory and all required payments made on time.

Veterans Administration (VA) Guaranteed Loan VA Extenuating Circumstances: "Unemployment, prolonged strikes medical bills not covered by insurance, etc. Divorce is not viewed as beyond the control of the borrower and/or spouse."

Foreclosure - 2 years from the date foreclosure completed and property transferred back to the bank. Less than 2 years, but not less than 12 months from the date foreclosure completed and property transferred back to the bank may be possible if credit re-established and paid as agreed and with acceptable "extenuating circumstances".
Deed-in Lieu - Same as Foreclosure.
Short Sale - 2 years from the date sale closed and transferred to the new owner. No waiting period if seller/borrower had no late payments on any mortgages and consumer debts within the 12 month period preceding the short sale AND seller/borrower was not taking advantage of declining market conditions.
Bankruptcy (Chapter 7) - 2 years from date of bankruptcy discharge. Less than 2 years, but not less than 12 months from the date of bankruptcy discharge may be possible if credit re-established and paid as agreed and with acceptable "extenuating circumstances".
Bankruptcy (Chapter 13) - 1 year from the start date of the bankruptcy re-payment period has elapsed and the borrower's payment performance has been satisfactory and all required payments made on time.

United States Department of Agriculture (USDA) Rural Housing Loan USDA Extenuating Circumstances: "Loss of job; delay or reduction in government benefits or other loss of income; increased expenses due to illness, death, etc. Circumstances surrounding the adverse information must have been temporary in nature, and beyond the applicant's control, and have been removed so their reoccurrence is unlikely or the adverse action or delinquency was the result of a refusal to make full payment because of defective goods or services or as a result of some other justifiable dispute relating to the goods or services purchased or contracted for."

Foreclosure - 3 years from the date foreclosure completed and property transferred back to the bank. Less than 3 years from the date foreclosure completed and property transferred back to the bank may be possible with acceptable "extenuating circumstances".
Deed-in Lieu - Same as Foreclosure.
Short Sale - Same as Foreclosure.
Bankruptcy (Chapter 7 or 11) - 3 years from date of bankruptcy discharge. Less than 3 years from the date of bankruptcy discharge may be possible with acceptable "extenuating circumstances".
Bankruptcy (Chapter 13) - 1 year from date repayment was completed and bankruptcy discharge. Less than 1 year from the date of bankruptcy discharge may be possible with acceptable "extenuating circumstances".

Conventional Conforming Mortgage Loan (meets Fannie Mae (FNMA) and Freddie Mac (FHLMC) Loan Purchasing Guidelines) Conventional Extenuating Circumstances: "Nonrecurring events that are beyond the borrower's control that result in a sudden, significant, and prolonged reduction in income or a catastrophic increase in financial obligations."

Foreclosure - 7 years from the date foreclosure completed and property transferred back to the bank if there are no acceptable "extenuating circumstances". 3 years from the date foreclosure completed and property transferred back to the bank with acceptable "extenuating circumstances" AND at least 10% Down Payment. Primary home purchase and rate/term refinance only (non-owner occupied and second homes not allowed).
Deed-in Lieu - 7 years from the date sale closed and transferred to the new owner or foreclosure completed and property transferred back to the bank with less than 10% Down Payment. 4 years from the date sale closed and transferred to the new owner or foreclosure completed and property transferred back to the bank with 10% Down Payment. 2 years from the date sale closed and transferred to the new owner or foreclosure completed and property transferred back to the bank with 20% Down Payment. 2 years from the date sale closed and transferred to the new owner or foreclosure completed and property transferred back to the bank with 10% Down Payment and acceptable "extenuating circumstances".
Short Sale - Same as Deed-in Lieu.
Bankruptcy (Chapter 7 or 11) - 4 years from date of bankruptcy discharge. 2 years from the date of bankruptcy discharge may be possible with acceptable "extenuating circumstances".
Bankruptcy (Chapter 13) - 2 years from date of bankruptcy discharge. 4 years from date of bankruptcy dismissal.

As you can see by the information above and the lesser credit damage caused by a short sale (versus a deed-in-lieu, foreclosure or bankruptcy), a short sale is generally the best option for a financially distressed homeowner who is facing foreclosure or who cannot afford to pay their mortgage. You should contact a foreclosure defense and/or bankruptcy attorney, a short sale real estate specialist like myself, or a legitimate mortgage loan counselor to evaluate all of your options. Please just do not let the bank foreclose on you without trying to prevent foreclosure. If you have a mortgage loan with Wells Fargo, Bank of America (BAC Home Loans or Countrywide Mortgage), CitiMortgage, Chase (JPMorgan Chase), America's Servicing Company (ASC), GMAC, a Fannie Mae owned loan, a Freddie Mac owned loan, an FHA insured mortgage loan, a THDA mortgage loan, or any type mortgage loan, and you have missed mortgage payments, or will miss mortgage payments and live in the Nashville Tennessee area (Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson's Station, Murfreesboro, Smyrna, LaVergne, Antioch, Columbia, Mt. Juliet, Springfield, Gallatin, Hermitage and Hendersonville), please contact Nashville Tennessee Short Sales and Foreclosures Expert for a free no obligation consultation to discuss your foreclosure prevention options including a short sale or short sales (if you have multiple properties).

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Jim McCormack is a Nashville Real Estate Broker who provides Expert Real Estate Solutions for for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Thompson’s Station, Murfreesboro, Smyrna, LaVergne (La Vergne), Antioch, Columbia, Mt. Juliet (Mount Juliet), Springfield, Gallatin, Hermitage, Hendersonville, Clarksville and Middle Tennessee (Davidson, Maury, Montgomery, Robertson, Rutherford, Sumner, Williamson and Wilson Counties) Homeowners and Real Estate Investors Facing Foreclosure and Needing to Short Sell Their Homes and/or Investment Properties. Jim Specializes in Short Sales and Foreclosures and Providing Sellers Short Sale Help and Foreclosure Help. Jim's Help is Free to Nashville TN Short Sale Sellers. Jim Helps Sellers Stop Bank and Mortgage Foreclosure with a Short Sale, or a Fast Cash Offer. Avoid Foreclosure by Working Directly with a Nashville Tennessee Real Estate Expert and Investor who is Uniquely Skilled, Honest, Compassionate, Caring and Exceptionally responsive to the needs of his clients. Jim Encourages You to See What His Clients Say About Him. For Buyers, Jim understands the Various Nashville Tennessee Housing and Investment Real Estate Markets Extremely Well and is Particularly Skilled at Assisting Buyers with Determining the Market Values of Homes and Investment Properties. Due to that Real Estate Valuation Expertise, Jim can Help Nashville Home and Investment Property Buyers Get Fantastic Deals on Their Nashville Area Real Estate Purchases.

Mortgage Banking Official Says Loan Modifications Virtually Impossible

Mortgage Banking Official Says Loan Modifications Virtually Impossible
Homeowners Facing Foreclosure Have Almost No Chance of Getting Their Payment Lowered

According to this article in The Salt Lake Tribune, Bankers: Modifying Utah mortgages unrealistic, Howard Headlee, president of the Utah Bankers Association, said "It is virtually impossible for homeowners trapped in a foreclosure process to try to renegotiate the terms of their loans." The article goes on to say that Mr. Headlee described the loan modification process for homeowners and borrowers facing foreclosure with the statement "It’s kind of like unscrambling an egg." as a result of the fact that most mortgage loans are sold several times and/or broken up into mortgage loan backed securities. As a result, in most cases there is no single loan owner who can decided on if or how to modify the loan. The unfortunate outcome of this reality is that homeowners and borrowers who can't afford their current mortgage payment, but who could pay a reasonably reduced mortgage payment will not get help and financial assistance they need. In short, they are doomed from the start. Therefore, the only truly viable options for financially distressed homeowners and borrowers are short sale, bankruptcy and foreclosure. Since foreclosure is the worst possible outcome (and really the result of taking no action), financially distressed homeowners and borrowers should pursue short sale and bankruptcy options thoroughly before considering letting the mortgage company or bank foreclose on their home.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Wednesday, February 23, 2011

Brentwood Governors Club Seeing More Distress Sales

Brentwood Governors Club Seeing More Distress Sales
Well Known Gated Brentwood Tennessee Neighborhood Experiencing Increased Short Sale and Foreclosure Activity

Per my previous blog posts, Financial Distress Hitting Affluent Towns and Neighborhoods, Brentwood Distressed Sales Activity Increasing and Franklin Distressed Sales Activity Increasing, it is clear that exclusive, affluent, executive, luxury, gated, high-end and golf course neighborhoods are experiencing increased levels of Distress Sales (short sales and foreclosures). However, even with this information it is still surprising to such a prominent Brentwood Tennessee neighborhood like the Governors Club be hit with so many distress sales. Please consider the following sales figures which I obtained from the Middle Tennessee RealTracs MLS:

There are currently 35 Active Listings (i.e. homes that are actively being marketed for sale) in the Governors Club. Out of those 35 Active Listings 4 are Distress Sales (i.e. short sales and foreclosures account for over 11% of the Active Listings in the Governors Club).
There are currently 4 Pending Sales (i.e. homes that are under contract with buyers and are probable to close) in the Governors Club. Out of those 4 Pending Sales, 1 is a Distress Sale (i.e. short sales and foreclosures account for 25% of the Pending Sales in the Governors Club).
Since 1/1/2010 there have been 31 Closed Sales in the Governors Club. Out of those 31 Closed Sales, 4 were Distress Sales (i.e. short sales and foreclosures account for almost 13% of the Closed Sales in the Governors Club).

While the numbers above are not staggering when compared to other parts of the country and even other parts of the Nashville Tennessee, for a neighborhood like the Brentwood Governors Club to have 11%+ distress sales in every sales category is really bad. It is clear that even ultra exclusive, affluent, executive, luxury, gated, high-end and golf course neighborhoods are not immune to the economic and housing market collapse, and, as a result are seeing increased levels of short sales and foreclosures. I highly recommend that these homeowners seek qualified professional real estate, legal and financial advice right away to avoid foreclosure. Since I understand that many homeowners do not want their neighbors to know about their financial hardship, I generally do not use For Sale signs on my listings. I also use short sale pre-qualification techniques to minimize the marketing period of my short sale listings by thoroughly researching the financially distressed homeowners' loan type and actual lender (i.e. the loan owner or loan investor) and communicate with my clients via their cell phone (calls and text messages) and personal email to avoid embarrassment. In short, I market my listings as the "Discreet Short Sale and Foreclosure REALTOR and Real Estate Expert".

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

FHA Insured Loan Foreclosure and Short Sale Process

FHA Insured Loan Foreclosure and Short Sale Process
Good News For FHA Borrowers Facing Foreclosure

My blog post, FHA Insured Mortgage Foreclosure Help, and webpage, Seller and Borrower Short Sale Documents and Instructions: HUD Pre-foreclosure Sale Program (HUD PFS Program), show that due to the way that HUD handles foreclosures and short sales for borrowers with FHA insured loans, foreclosure avoidance (i.e. stopping foreclosure) and a successful short sale closing are more likely than for borrowers with conventional (i.e. Fannie Mae and Freddie Mac) and other mortgage loans. Therefore, financially distressed homeowners and borrowers with FHA insured loans should not wait until a foreclosure sale is imminent to seek help from a qualified short sale expert - there is no reason to be afraid. If a borrower is accepted into the HUD Pre-foreclosure Sale Program and cooperates with the guidelines, they will be granted at least 90 days to sell their home and be released from any and all financial liability for the amount that the bank or mortgage lender will lose as a result of a short sale, or even foreclosure. Most other loan types do not offer anything nearly as beneficial to a struggling borrower and homeowner. Therefore, if you have lost your job, or have missed your first or even second mortgage payment it is imperative that you speak with a short sale expert right away. If you have missed more than 2 mortgage payments, I can still help you, but time is of the essence so the sooner you contact me the better.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Tuesday, February 22, 2011

Distress Sales Dominate Housing Market

Distress Sales Dominate Housing Market
Distressed Properties Account for Nearly Half of Home Sales

Per this Real Estate Economy Watch article, Half of January Home Sales were Distressed Properties, sales of Distressed Properties (i.e. foreclosures, REO's and short sales) accounted for almost 50% of all home sales in January 2011. This represents yet another increase in the trend of increased market share for distressed properties. Currently, several real estate markets are already experiencing sales of distressed properties accounting for well over 50% of all home sales. Overall, the article speculates that across the country sales of distressed properties could make up well over 50% of home sales in the near future. Based on what I am personally seeing in and around Nashville Tennessee, I believe that foreclosures and short sales will ultimately account for at least 10% to 80% of all home sales depending on the town. Brentwood, Franklin and Nolensville will likely be on the lower end of that range with distressed properties accounting for 10% to 20% of all home sales. Murfreesboro and Smyrna will likely be in the middle of that range with distressed properties accounting for 25% to 50% of all home sales. LaVergne (La Vergne) and Antioch will likely be in the upper end of that range with distressed properties accounting for 60% to 80% of all home sales. Overall, it is clear that distressed property sales will account for an increasing share of the housing market in all price segments for quite some time.

Law Professor Advocates Strategic Mortgage Loan Default

Law Professor Advocates Strategic Mortgage Loan Default

Per this academic law paper, Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis, the author, Brent T. White (a law professor at The University of Arizona James E. Rogers College of Law) advocates strategic mortgage loan default as a very viable option for both financially distressed and non-financially distressed underwater homeowners (i.e. the mortgage balance(s) exceeds the value of their home - there is negative equity). The major issues addressed in this paper include the following:

Part I: Most underwater homeowners are not walking away from their homes (i.e. strategically defaulting on their mortgages).
Part II: From a purely financial standpoint "many more homeowners should be strategically defaulting."
Part III: Homeowner and borrower "emotions such as shame, guilt, and fear play the largest role in homeowner decisions" to keep paying on their mortgage loans even though they are financial black holes and the most rational action would be to strategically default.
Part IV: The "government, the media, and the financial industry" and expected credit score damage combine to pressure underwater homeowners to keep paying on underwater mortgages even though strategic default would be the best financial option.
Part V: Substantial differences in behavioral norms between underwater homeowners (borrowers) and banks give the banks substantial artificial leverage over the homeowners. In other words, the banks regularly fail as evidenced by the TARP bank bailouts and all the other unprecedented government actions to artificially prop up the banks so the banks clearly have no shame in threatening to default and close their doors in order to get money from the government (i.e. morality has nothing to do with their decision making), yet those very same banks pressure underwater homeowners to pay their mortgages by playing the "moral card". According to the author, this situation has "created an imbalance in which individual homeowners have borne a disproportionate financial burden from the housing collapse."
Part VI: Government policy should seek out ways to level the playing field between underwater homeowners and banks so that given the circumstances mutually beneficial outcomes can be reached.

My view is that after seeking proper real estate (i.e. from me), legal and financial advice, underwater homeowners should consider "walking away" from their homes only as a last resort. In almost all cases, underwater homeowners should attempt the following loss mitigation actions (listed in order):

Short Sale.
Deed-in-Lieu of Foreclosure.
Strategic Default (i.e. walking away).

Monday, February 21, 2011

Financial Distress Hitting Affluent Towns and Neighborhoods

Financial Distress Hitting Affluent Towns and Neighborhoods

Per my previous blog posts, Brentwood Distressed Sales Activity Increasing and Franklin Distressed Sales Activity Increasing, there are now larger numbers of short sales and foreclosures in wealthy areas as such as Brentwood Tennessee and Franklin Tennessee (both are located in Williamson County Tennessee). Both of these affluent towns were previously immune to the effects of the failing economy and housing market decline. The primary cause of these increased real estate distress sales are homeowners suffering from financial distress (i.e. job layoffs, and long-term unemployment). Recently, I have been contacted by two financially distressed homeowners who previously were earning in excess of $100,000 per year working in the health care industry. I say "previously" since both homeowners were recently laid off from their high paying jobs in an industry that was once thought of as a safe haven for employees. This is proof that almost no job is really "safe".

I think many financially distressed homeowners who are well educated and were formerly high income earners try to handle their mortgage delinquencies without the help of a real estate professional since they think that the bank will work with them at first. Of course, many will find out the unfortunate truth about how little the banks will do for them despite their once stellar payment history and credit. I think embarrassment is another reason why financially distressed homeowners who live in executive, luxury or otherwise high-end towns and neighborhoods delay seeking out professional real estate assistance from a short sale expert. In short, they do not want their neighbors to know about their financial hardship. This desire for discretion is fully understandable. The good news is that I am keenly aware of this concern. For example, several short sale sellers have asked me not to use a For Sale on their home. As a result, I don't use For Sale signs on my short sale listings. I also use short sale pre-qualification techniques to minimize the marketing period of their home by thoroughly researching their loan type and lender. Another way I keep the circumstances of my financially distressed seller clients as quiet as possible is communicate with these clients via their cell phone (calls and text messages) and personal email. In short, you can call me the "Discreet Short Sale and Foreclosure REALTOR and Real Estate Expert".

Murfreesboro REALTOR Closes Nashville TN Short Sale

Murfreesboro REALTOR Closes Nashville TN Short Sale

Jim McCormack, a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor recently closed the short sale of a single home in Nashville TN. Jim was able to close the short sale despite the bank initially over valuing the property by $15,000 and an imminent foreclosure sale. The financially distressed sellers were relieved to be out from under this property that they could no longer afford and were very happy to avoid foreclosure.

Franklin TN Distressed Sales Activity Increasing

Franklin TN Distressed Sales Activity Increasing
Short Sales and Foreclosures Increasing Their Market Share

Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for over 5% of all Active Listings and just under 6% of all Pending Sales. Currently, distress sales account for over 7% of Active Listings and just under 8% of Pending Sales.

Brentwood TN Distressed Sales Activity Increasing

Brentwood TN Distressed Sales Activity Increasing
Short Sales and Foreclosures Increasing Their Market Share

Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for under 6% of all Active Listings and 0% of all Pending Sales. Currently, distress sales account for over 7% of Active Listings and over 7% of Pending Sales.

LaVergne TN Distressed Sales Activity Increasing

LaVergne TN Distressed Sales Activity Increasing
Short Sales and Foreclosures Increasing Their Market Share

Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for over 22% of all Active Listings and over 55% of all Pending Sales. Currently, distress sales account for just over 32% of Active Listings and over 71% of Pending Sales.

Smyrna TN Distressed Sales Activity Increasing

Smyrna TN Distressed Sales Activity Increasing
Short Sales and Foreclosures Increasing Their Market Share

Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for under 15% of all Active Listings and just under 22% of all Pending Sales. Currently, distress sales account for nearly 18% of Active Listings and 33% of Pending Sales.

Murfreesboro TN Distressed Sales Activity Increasing

Murfreesboro TN Distressed Sales Activity Increasing
Short Sales and Foreclosures Increasing Their Market Share

Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for just over 10% of all Active Listings and just under 12% of all Pending Sales. Currently, distress sales account for nearly 14% of Active Listings and 17% of Pending Sales.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer or Short Sale. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss a short sale (when the real estate sale proceeds are not sufficient to pay off the mortgages and liens on the property). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in any Middle TN County (Rutherford, Williamson, Davidson, Maury, Sumner & Robertson). If you need to short sell your house or property, or you need a quick sale to stop a foreclosure sale, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees.)

Thursday, December 16, 2010

Nashville Home Prices Declining Again

Nashville Home Prices Declining Again
Nashville Tennessee Housing Market Officially "Double Dipping"

According to this article, Midwest Home Prices Plunged in November, the Nashville Tennessee housing market is currently experiencing a double dip. The article lists the following housing markets as declining:

Charlotte, NC
Jacksonville, FL
Las Vegas, NV
Miami, FL
Nashville, TN
Orlando, FL
Philadelphia, PA
Portland, OR
Richmond, VA
Seattle, WA
Tampa, FL
Tucson, AZ
Virginia Beach, VA

Home prices are definitely declining in the Nashville Tennessee market as well as nationwide. While the Washington DC and New York City markets appear to be exceptions to this widespread decline, it is easy to conclude that these markets are doing better almost solely due to massive government spending and bank bailouts, respectively. In Nashville, I expect home prices to decline another 10% to 20% at a minimum. Home prices in Nashville TN are still not cheap from an historical perspective when compared to household incomes. Therefore, it is clear that no "market bottom" can be called on the basis of "homes being cheap" - it simply is not true regardless of how much housing prices have fallen. If the government would just leave the market alone home prices would fall to actual cheap levels and buyers would come back on their own (i.e. without the need for artificial and temporary government stimulus). The problem is that home prices in Nashville need to decline at least another 10% to 20% before they can be declared "cheap" by any historical measure. See my blog post: US Housing Market Facing “Doom”. Given that interest rates were as low as they are ever going to be, and have already risen significantly, it is highly likely that the argument that low interest rates will help push Nashville home prices higher is invalid. The fact remains that over the next several years there are going to be a lot of short sales, distress sales and forecloure sales, which, along with persistent high unemployment and poor income growth (below inflation, or even negative), will push home Nashville and Middle Tennessee home prices lower until they are truly affordable based on the real underlying economic conditions (i.e. absent the phony government housing market propping). In short, over the next several years there will still be a lot of misery for homeowners in Nashville and Middle Tennessee.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer to Get the Short Sale Process Started. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss your options including a loan modification and a short sale (a real estate short sale occurs when the sale proceeds are not sufficient to pay off all the mortgages and liens on the property/home). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in Middle Tennessee (Rutherford County TN, Williamson County TN, Davidson County TN, Robertson County TN, Maury County TN, Murfreesboro TN, Smyrna TN, La Vergne TN, Eagleville TN, Lascassas TN, Rockvale TN, Christiana TN, Brentwood TN, Franklin TN, Nashville TN, Belle Meade TN, Nolensville TN, Spring Hill TN, Gallatin TN, Springfield TN and Mt. Juliet TN). If you do need to short sell your home or property, or you need a quick sale due to being in foreclosure, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees. Therefore, in most cases his short sale help, foreclosure help, foreclosure consulting, and foreclosure prevention and brokerage services are essentially free to distressed homeowners and property owners in Nashville and Middle TN. Jim does not charge any upfront short sale fees or commissions and he generally doesn't get paid anything unless the short sale closes and even then the bank essentially pays Jim's fees. As a result, there is basically no risk to Nashville Tennessee homeowners and property owners in foreclosure.)

Tuesday, December 14, 2010

Murfreesboro REALTOR Closes Murfreesboro TN FHA Short Sale

Jim McCormack, a Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor closed the short sale of a Murfreesboro TN home with an FHA insured mortgage loan. Jim was able to close the FHA short sale despite there being 3 liens (a HUD Partial Claim in excess of $14K and 2 Capital One Credit Card liens totaling almost $8K) in addition to the FHA insured first mortgage loan by negotiating the credit card liens down to a total of just $2,100 and getting the buyer to pay off those credit card liens for the seller at closing. The financially distressed seller was relieved to be out from under this property that they could no longer afford, was very happy to avoid foreclosure and glad to have 2 credit card liens settled that were actively pursuing collection.

Free* Short Sale and Foreclosure Help and Assistance for Nashville, Brentwood, Franklin, Nolensville, Spring Hill, Murfreesboro, Smyrna, La Vergne, Columbia, Mt. Juliet, Springfield, Gallatin and Middle Tennessee Financially Distressed Homeowners and Property Owners. Stop the Bank from Foreclosing with a Quick Cash Offer to Get the Short Sale Process Started. If you are a Nashville Tennessee, Franklin Tennessee, Brentwood Tennessee, Nolensville Tennessee, Spring Hill Tennessee, Murfreesboro Tennessee, Smyrna Tennessee or La Vergne Tennessee homeowner, property owner, condo owner, real estate investor, home builder or real estate developer who cannot pay your mortgage payments (due to losing your job, having your income reduced, illness, health problems, adverse business conditions, slow sales, loss of investment property tenants, vacancy issues, lack of funds to complete the project, feuding business partners, etc.), know that you will not be able to pay your mortgage, have defaulted on your mortgage, are already in foreclosure, or owe more than your home is worth, please contact Jim to discuss your options including a loan modification and a short sale (a real estate short sale occurs when the sale proceeds are not sufficient to pay off all the mortgages and liens on the property/home). Jim helps sellers (homeowners, property owners, condo owners, owners of high end homes and properties (estate homes, luxury homes and executive homes), real estate investors, home builders and real estate developers) of distressed real estate, short sales, pre-foreclosures, foreclosures, investment properties, failed new construction projects and struggling commercial real estate developments located in Middle Tennessee (Rutherford County TN, Williamson County TN, Davidson County TN, Robertson County TN, Maury County TN, Murfreesboro TN, Smyrna TN, La Vergne TN, Eagleville TN, Lascassas TN, Rockvale TN, Christiana TN, Brentwood TN, Franklin TN, Nashville TN, Belle Meade TN, Nolensville TN, Spring Hill TN, Gallatin TN, Springfield TN and Mt. Juliet TN). If you do need to short sell your home or property, or you need a quick sale due to being in foreclosure, you can Get Free* Short Sale and Foreclosure Help and Assistance from a Nashville Tennessee and Middle Tennessee Short Sale and Foreclosure REALTOR, Real Estate Expert and Real Estate Investor. (*Free: In a real estate short sale, the bank or mortgage company usually approves and pays all of Jim's commissions and fees. Therefore, in most cases his short sale help, foreclosure help, foreclosure consulting, and foreclosure prevention and brokerage services are essentially free to distressed homeowners and property owners in Nashville and Middle TN. Jim does not charge any upfront short sale fees or commissions and he generally doesn't get paid anything unless the short sale closes and even then the bank essentially pays Jim's fees. As a result, there is basically no risk to Nashville Tennessee homeowners and property owners in foreclosure.)

Nashville Tennessee Short Sales, Foreclosures, Short Sale Help and Foreclosure Help

Jim McCormack
Broker, REALTOR, e-PRO
Short Sale & Foreclosure Specialist
Real Estate Problem Solver
Cash House Buyer

Direct (615) 796-6898 - PREFERRED

Edge Advantage Realty, LLC
2615 Medical Center Pky, Suite 1560
Murfreesboro, TN 37129
Office (615) 796-6898

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