Feb
10

BRENTWOOD IS THE BEST PLACE TO LIVE

Cheapest Places to Live” top ten list offers some great places to live in. Nashville, Tennessee is listed in the 5th place. Most Americans consider Nashville as a great place to live in and even to stay there for a holiday. This music city is certainly a top spot for American culture and entertainment. Austin, Texas in 10th place is a popular place to live in. Austin has become one of the nation’s leading hot spots for the high-tech industry so not only is the cost of living low – the job prospects are great and getting better every day. Nashville is a warm and welcoming city. A city one would like to call home.

Great local events:

Ryman Auditorium: The Ryman Auditorium originally opened in Nashville, Tennessee in 1892 under the name Union Gospel Tabernacle. The name of the venue was later changed to the Ryman Auditorium in honor of its founder Thomas G. Ryman… (View all Ryman Auditorium events)
Monday, February 20 at 7:00 PM.: Ryman Auditorium, 116 Fifth Avenue North, Nashville, TN 37219. With a year of accolades, hit singles and a soon-to-be platinum album already under their belts, The Band Perry has now announced that their first headlining performance in Nashville will take place at none other than the historic Ryman Auditorium on February 20. While TBP has previously graced the Ryman stage during the Grand Ole Opry and other multi-artist events, this will be their debut as headliners on this revered stage.

Read the local news:

When Brentwood High senior standout Robby Graves decided to join the Air Force Academy and its Division I college swim team next year, he had plenty of experience around to draw on to help him. Both of his parents served as Air Force pilots and now commercial airline pilots. Graves’ mom, Sandy Thompson Graves, graduated in the sixth class of women cadets at the Academy and then became a pilot and pilot instructor in the Air Force.

  • In Outside the Brentwood Bubble, a former Brentwood High School football player joins his college offensive line in a trip to Ethiopia to build a well and support a sports camp.
  • In Business, Arnelle Adcocks asks us why we make To Do Lists.  Do we feel required to get a certain amount of work done — tasks accomplished — for personal organization and business accomplishment?  Order and accomplishment do help us feel better.
  • In There’s a Stranger in My House, Dr. Jim Wellborn says don’t wait to talk to your kid about alcohol and drugs until after they face the decision whether or not to use.
  • In What I Know, Bob McKinney takes a look at the current political climate. It could get interesting.

When Brentwood High senior standout Robby Graves decided to join the Air Force Academy and its Division I college swim team next year, he had plenty of experience around to draw on to help him. Both of his parents served as Air Force pilots and now commercial airline pilots. Graves’ mom, Sandy Thompson Graves, graduated in the sixth class of women cadets at the Academy and then became a pilot and pilot instructor in the Air Force.

Feb
08

PROPERTIES WITH AN EFFECT ON OTHER PROPERTIES

Here are some great Brentwood events coming up:

Do not miss the big Ribbon Cutting event held on Tuesday the 7th of February 2012: Christie Cookies & Bravo Gelato, 101 Creek side Crossing, Suite 1750, Brentwood, TN 37027.

NOOK Color and NOOK Tablet: The Basics NOOK Event Feb 16, 2012 06:00 p.m. Barnes & Noble Booksellers Cool Springs1701 Mallory Lane, Brentwood TN 37027 615-377-9979.

Brentwood Cool Springs Chamber of Commerce has a great event calendar:

  • Feb 16: Membership Luncheon
  • Feb 17: Economic Development Council
  • Feb 21: Member Connect!
  • Feb 21: E/Spaces Ribbon Cutting
  • Feb 23: Women in Business
  • Feb 25: An Evening with Lady Luck
  • Feb 28: New Member Activation

It makes perfect sense that distressed properties will impact the values of other properties in the same area. It seems that the more posh areas are now dealing with distressed homes entering the market as foreclosures. It is a common belief that mortgage payment failures are amongst the middle to low income neighborhoods. Research shows that the mortgage payment failure is exceeding the percentages in middle to low income areas.

The findings in a recent Mortgage Monitor issued by LPS indicated that the largest increase in both foreclosures and mortgage payment failures are in the Jumbo Mortgages. Wikipedia explains: “a Jumbo Mortgage is a loan in an amount above conventional conforming loan limits” and “The limit being $417,000 for most of the US”. This loan amount can be $620,000 and more. The higher priced homes in the market place justify loans to that amount.

The LPS reported the percentage increase in Jumbo Mortgages as follows:

  • Delinquencies: 281% increase
  • Foreclosures: 589%

These percentages are bigger when comparing it to other types of loans such as Option ARM and Sub-prime loans.

Some homeowners feel that the value of their property is decreasing and to keep on paying it does not make much sense. In this article, they explained: “The ratings agency Moody’s said that based on its analysis of mortgage-backed bond portfolios, homeowners with jumbos now constitute “greater strategic default risk” than any other type of borrowers, including subprime. That’s because an exceptionally high number of jumbo owners — many in high-cost markets hit by real estate deflation over the past several years — are stuck with persistent negative equity.”

According to an article in the Washington Post FICO now has a system to pick up potential strategic defaulters before they hand back the house keys. The Washington Post reported that “At least four of the 10 largest lenders and servicers are already using it, contacting high-risk borrowers and offering financial solutions plus information about the costs associated with strategic walk-away. The company claims its score can spot the riskiest homeowners, some of whom show characteristics that make them as much as 110 times as likely to walk away as the least-risky borrowers”.

Feb
03

A GREAT LENDING EXPERT

Local news:

  • The Chinese Arts Alliance of Nashville will breathe fire into the Chinese New Year in celebration of the Year of the Dragon at a festive banquet held at Wild Ginger restaurant on Sunday.
  • In Sports, the Brentwood High School Class of 2012 wrestlers and mat girl cheerleaders were honored before last Friday’s home match for Senior Night.
  • In Schools, the Lipscomb Elementary PTO purchased a “rock wall” for the gym this year, and the students at Lipscomb are climbing high.
  • In Lifestyle, Jodi’s In the Bubble column focuses on the dreaded prom dress – but with a whole new way to shop and save for the special dress.
  • In Ankle High in Deep Water, Dr. Jeff Wilson says you can learn a lesson from a blown defensive play in basketball – focus on your own stuff.

The value of a lending expert:

 

When buying or selling a home a smooth transaction is possible if there is a team of professionals involved. It is common knowledge in the world of real estate that a lending expert can commit to the highest level of integrity, advice and offer free services such as:

 

  • If you are a seller, the loan officer  knows that you will be buying again and will immediately pre-approve you for your next mortgage: absolutely free of charge;
  • Your loan officer can offer you an online seminar as a source of educational information to learn more about mortgage applications, your optimal credit score, renovation lending and how lenders look at a mortgage application. Getting a home sold the financing of the property by a lender plays a very important part. An expert loan officer should be committed in helping to increase the number of buyers to whom your home could be suitable. More offers on the property can equate higher sales prices.
  • A good loan officer should be on top of all market trends. Requirements for a loan often changes. The officer should be well educated on the current guidelines and on finding the best solutions. Potential buyers can be screened straight away.
  • It is important to know that the deal offered to the buyer is done well and can actually close.
  • Your lender should offer you a few options regarding loan types. (Types such as: Conventional, FHA, VA and State Mortgage Agency Products. The majority of current borrowers prefer a 30 year fixed, it is not necessarily the smartest choice. If you are the borrower it is important to take into consideration for what period of time you plan on staying in the home and if there can be any changes in the income during that time period before just accepting the loan. If you are buying a property requiring repairs or renovations, you can explore the FHA 203K Program.

 

It will be worth your while to find a reputable loan officer. In conjunction with your real estate agent this can be a first class team.

 

 

Jan
29

IMPROVE THE MARKABILITY OF YOUR HOME

It can cost you a lot of money when you plan to renovate and make major changes to the interior of your home. There are some great cheap options and projects that can add to the value and the quality of a home. These projects will make your home much more enjoyable to live in and it will add to the marketability of your home. It is a good idea if you can find a house that allows you to make the following changes. If you are buying a home with these changes done, the home will probably sell for a higher price.

  • Add nice, modern-looking light fixtures
  • Add fresh earth-tone paint
  • Replace beat-up light switch covers
  • Re-finish hardwood floors
  • Replace linoleum with tile
  • Add a backsplash in the kitchen

Here are the favourite features that most people want, but will cost a lot more.

  • Central air conditioning
  • Nice kitchen cabinets (or cabinets that will be nice when refinished)
  • Fireplace
  • Garage
  • Energy-efficient windows

The kitchen is the place where families spend most of their time:

The kitchen is the “heart of the home”. Families spend most of their time here. Designer units are expensive and if you want to invest long term, keep in mind new buyers may want to replace it with their own style. Before spending a lot of money on new designer units, here are some affordable ways to spruce up your kitchen:

  • Change the cupboard doors: hire a carpenter for the best finish;
  • Add new handles and a new worktop in wood or quartz;
  • Update light switches and sockets;
  • Replace worn flooring;
  • Add rails for utensils;
  • Perhaps you can replace the kettle and toaster.

Jan
20

WHAT HAPPENED RECENTLY IN OUR AREA?

The official opening of Delicious Day Luncheonette came Tuesday, a few weeks after co-owner and caterer Jeanne Giguere had planned. That’s the nature of small business. But now that the doors unlocked, she’s ready to make the diner a household name and favorite destination. The small restaurant, tucked into the corner of the small shopping center at 7020 S. Church St., had a soft opening before Christmas. The plan was to reopen right after the first year, but Jeanne’s mom had a medical emergency out of state and she didn’t want Delicious Day to open without her. Thank goodness everything’s back on track in New Jersey and Brentwood. Those who stopped by to sample the homemade lasagna in December have been anxiously awaiting the opportunity to try it again.

A tasty afternoon: Sampling Friends & Fashion menu It is an honor to be a part of this amazing event raising money and awareness for Monroe Carell Jr. Children’s Hospital at Vanderbilt. It’s a long-standing tradition for many Brentwood women to dress to the nines on a Monday in April to see a top-notch fashion show right off the runways of New York.

And in his new Ankle High in Deep Water, Jeff Wilson shares the story of an obscure religious holiday, and how it’s applicable today. Lessons from St. Peter’s ‘good confession: As I write this, it is January 18. For most folk, Christians included, the 18th of January holds no special meaning. But, in the more orthodox traditions of the Christian church, today is the Festival of St. Peter’s Confession. It is the day that we celebrate the “good confession” made by Peter, a disciple of Christ, to Jesus in response to Jesus’ question, “But what about you? Who do you say that I am?” Peter’s eventual answer, “You are the Christ, the Son of the Living God.”

More local things:

  • In Outside the Brentwood Bubble, you can read about some fun weekend action.  A scenic drive is involved but the music lovers will find the trip worth it.  Best of all, it benefits Second Harvest Food Bank’s winter restocking.
  • In What I Know, columnist Bob McKinney shares that we are fortunate here in our little ‘burbs” when it comes to controversy and conflict. Why? Because we don’t have a lot of it and when we do, we tend to work things out without too much ill will.

Need a book? Stop by the Friends of the Brentwood Library’s Quarterly Book Sale this week. It opens today and runs through Saturday. You’ll find details in our Community section.

Jan
18

LIVING GREEN

The items that homeowners use the most are energy and cleaning products. We are spending so much time on how to survive and fix the economy that we tend to forget about other important things. We have a responsibility in doing our share to make the earth a healthier place. Here are some great tips on how to contribute:

  • We use a lot of cleaning products. You can buy earth-friendly cleaning products. You can also use baking soda, vinegar and lemon to clean tiles and other surfaces;
  • Do not leave lights on if not necessary. You can help to save energy;
  • Do not let the water run for longer as what is necessary. Preserve water;
  • Save money by insulating you home. It keeps hot air in when cold and the cold air in when hot;
  • Make sure there are no cracks and openings by the window frames and doors’
  • A laptop uses less energy than a desktop and it also saves you space;
  • Some paints are toxic. Zero-voc paints are safe and cost a little bit more than the traditional paints;
  • If you are not using an appliance then leave it unplugged;
  • Use free and clear laundry detergent;
  • Energy Star rated appliances meet a strict standard of energy usage;
  • Use CFL light bulbs. They last longer and cost a little bit more initially, but can save money on the long run.
  • Wash in cold water and save energy;
  • Most cities have recycling centers and bins. Here you can dump metal, glass, and paper, cardboard and plastic. Do your recycling and save the environment.

 

With a little extra trouble we can all contribute in order to keep the world safe and clean. Every bit helps.

 

Jan
12

SPRUCE UP THE BACKYARD

Front yard landscaping is created to make your home more appealing with a garden area. It is very seldom that one will find the barbeque area, patio or swimming pool in the front yard. Homes, without the luxury of swimming pools and barbeque areas, can easily develop a neglected backyard or become a dumping site. Here are some ideas for the backyard:

  • Get rid of all unwanted items that are lying around in the backyard. Plan a small, easy to maintain, herb garden. Most herbs thrive in just about any location that gives them plenty of light. Good air circulation and drainage are also important to the success of your herb garden. Many herbs overlap in category. Border a cooking herb garden with some cultivars that have ornamental, aromatic and gastronomic qualities. The main purpose of a culinary herb garden is for use in your kitchen.
  • Invest in a lemon tree or some other fruit trees. A fruit tree can be an attractive and useful addition to the backyard landscape. Planting and Early Care of Fruit Trees will help you to establish new fruit trees that will provide you with beauty and fruit.
  • Plan and invest in a relaxation deckwhere you can kick of your shoes after a hard days work. There are many ideas on the internet as to how to design and make a deck if you are a DIY person. This will unquestionably add to your home’s value if you plan on selling in the future. In the mean time you get to enjoy the relaxation.
    • Lately, people have become increasingly interested in building barbecues of their own. This is an investment that will provide wonderful family quality time which is much needed in today’s busy lives.

Sprucing up the backyard will add to the value of your property, as well as make it more enjoyable to you and your family.

Jan
10

A HOME OFFERS MUCH MORE THAN A ROOF

The National Housing Survey and the Myers Research and Strategic Services Survey founding’s stated that people are buying homes for reasons that do not include money.  However, when you find yourself in a conversation about Real Estate, people talk about the money involved in property. The topics will vary from interest rates to the current home prices. It seems that the reason for the majority of people to buy a house is to provide a better lifestyle for themselves and for the family. A home offers much more than a roof!

The reasons given for buying a home according to the National Housing Survey are: providing a stable home to raise children and let them enjoy a good education; providing a safe environment with a place you can call home; sufficient room for the family; changes and renovations can be decided and planned by you; the money that you pay every month to your landlord when renting, now goes towards your investment.

The reasons given for buying a home according to the Myers Research and Strategic Services Survey are: a family can enjoy a safe environment; instead of paying the monthly rent, you are now investing your money into property; you can be a proud homeowner with no mortgage to pay by the time you go on pension or retire; you have the prospect of living in an area of your choice; you can renovate and decorate your home to your own liking.

Taking the above reasons into account, it is obvious that a home offers much more than just a structure with a roof. This is the place where a family can create wonderful memories. This is all the more reason why a potential buyer should be motivated and encouraged to obtain professional advice and assistance from a Real Estate Agent. Your agent can find you the home that suits your specific needs and where you can create memories.

Jan
04

WHICH IS BETTER: THE NEW OR THE OLD?

Potential buyers have a general perception newly built houses are in good condition. But what if the builder used substandard material and practices? So, this statement is not necessarily true. There are houses that have been tested by years and years of use and negligence. Houses built years ago and that stood the test of time. An inspection to determine the quality and condition of the house is recommended in both cases.

  • Take a good view at the house from a distance to see if the walls are smooth and flat. If you see cracks discuss it with a professional. It might mean nothing, but it is wise not to ignore it;
  • The roof should be properly applied and appear neat;
  • Check to see if there is any water damage proof. The excess water must be carried away from the house by the drainage pipes and downspouts;
  • Doors must be inspected for open spaces between the door and frame;
  • Make sure there is sufficient water pressure. You can turn on the faucets and flush the toilet;
  • Are the air conditioners, furnace and heater in good condition and proper working order;
  • Make sure the pipes between the fixtures and the heater is copper manufactured;
  • The bath fixtures and kitchen fixtures should be in proper working order and of good quality;
  • Make sure the main circuit breaker indicates a minimum of 100 amps;
  • Quality workmanship should be reflected by the tile work and paint;
  • Inspect the stairway. A tilted stairway indicates movement in the foundation.
  • Look in the attic to ensure the insulation has been done to the correct standard. In moderate climates the recommendation is R-19 (6 inches of fiberglass).

The above list can provide enough information to avoid the costs of a house inspector. If there are any concerns about the home you are about to buy, discuss this with a professional home inspector.

Dec
29

HAPPY NEW YEAR!

To all my clients, friends and family: I wish you a happy and prosperous 2012!

You can afford to transform the rooms and bathroom:

Ceramic tiles are expensive. If your bathroom needs care and you do not have the funds to do it now, here is an affordable option: you can paint the tiles and give it a fresh look.

 Cautions before you paint the tiles:

  • Paint on the floor can wear off. Concentrate on the wall areas;
  • Do not paint the bathtub or shower;
  • Cracked grout can be repaired at least 48 hours before you start painting;
  • Make sure the surfaces where you want to apply the paint are clean and dry.

How to paint the tiles:

  • A semi-gloss primer and paint that is a 100% acrylic should be used;
  • Choose the color that matches the other elements in your bathroom;
  • The primer and the paint should be slightly thin. Apply several layer rather than one thick layer;
  • A low-nap roller can be used. Apply one thin layer of primer and wait for the primer to dry. This can take a couple of hours. The first layer of paint should be applied with a brush and several hours later the second layer with a roller;
  • Use a small artist brush to paint the grout lines. Have patience, this will take time.
  • To finish the newly painted surface paint one layer of urethane.

There are the most amazing tips on the Internet on how to decorate your home. Read from the basics of setting up a room to finishing touches to make the space a reflection of your personality and good taste. Formal or casual, everyone finally gathers in the living room or family room. Read techniques to use to create a comfortable, personal space. Find information about bedding, furniture, luxury products, and lighting to help create a personal space in your bedroom. Whether your kitchen is the family gathering place or a place to “refuel,” you’ll find loads of information here for a workable and beautiful space.

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