Buyer Information

Hendersonville TN Homes For Sale with Lake Views

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Looking for a Lake Front Home?

Sooner or later you may reach a point in your life where you are financially stable and plan to purchase a second home. For the most part, people who look to buy a second home are either looking at it as an investment or somewhere to vacation.  Why not Hendersonville TN?

Beautiful Homes with Stunning Views

Currently, Hendersonville has many lake homes listed for sale.  Of these over half have their very own personal dock located on the property.  Several homes have been beautifully renovated with hard wood flooring and granite countertops with a few that are currently under new construction.  Many are well maintained complete with a deck for entertaining with stunning waterfront views.

Tina Redding, Realtor, EXIT Real Estate Solutions, 111 Maple Row Blvd, Hendersonville TN 37075/Cell (615)268-5985/Office (615)826-0001/tmred@ghtrexit.com

Latest Listings For Lake View Homes in Hendersonville

Select Picture to view these listings

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Buyer Information, Seller Information

Hendersonville TN Home Sales July 2016

The market is steady!  Inventory is low! Home prices are higher than they have been in months.  If you’re looking to sell soon, now is the time to jump!

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Want to know what is happening in your community? 

Contact me today!

Looking to move to Hendersonville? 

Start your home search today!

Buyer Information

Stop Paying Your Landlord’s Mortgage!

Stop Paying Your Landlord's Mortgage | Keeping Current Matters

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s.

As The Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return.  

That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

Christina Boyle, a Senior Vice President, Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

As an owner, your mortgage payment is a form of ‘forced savings’ which allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person with that equity.

The graph below shows the widening gap in net worth between a homeowner and a renter:

Increasing Gap in Family Wealth | Keeping Current Matters

Bottom Line

Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, owning might make more sense than renting since home values and interest rates are projected to climb.

Buyer Information

Home Inspections

Home_Inspection_PicBefore You Buy, Inspect!

Buying a home is one of the most important purchases you will make in your lifetime, so you should be sure that the home you want to buy is in good condition.  A home inspection is an evaluation of a home’s condition by a trained expert.  During a home inspection, a qualified inspector will review the readily accessible exposed portions of the structure of the home, including the roof, attic, walls, ceilings, floors, windows, doors, basement and foundation, as well as the heating/air conditioning systems, interior plumbing, and electrical systems for potential problems.  Home inspections are not intended to point out every small problem or any latent defect in a home.  Most minor or cosmetic flaws, for example, should be apparent to the buyer without the aid of a professional.

During the Home Inspection

While not necessary, it is recommended that the buyer be present for the inspection.  This allows the buyer to observe the inspector, ask questions directly, and obtain a better understanding of the condition of the home, how its systems work, and how to maintain it.  The written report may be easier to understand if the buyer was present during the inspection.  It is important that safe access and sufficient lighting is provided so that the inspector can inspect the property.

At the conclusion of the home inspection, the buyer should be well informed of the condition of the home.  It should be known if there are visible, apparent problems, if repairs need to be made, or whether or not there are any risks of concealed damage, and whether further investigation is recommended and/or required.  After the inspection is complete, you will receive a written report of the findings, usually within five to seven days.

Spending Hundreds May Save You Thousands

When you make a written offer on a home, you should insist that the contract state that the offer is contingent on a home inspection conducted by a qualified inspector.  You will have to pay for the inspection yourself, but it could keep you from buying a house that will cost you far more in repairs down the road.  If you are satisfied with the results of the inspection, then your offer can proceed.

It should be clearly understood that a home inspection is not to be confused with an appraisal, a building code inspection, a guarantee of any kind, and/or an insurance policy on the condition of the property.

Selecting a Home Inspector

  • As the homebuyer, it is your responsibility to carefully select a qualified inspector and pay for the inspection.  The following sources may help you find a home inspector.
  • State regulatory authorities.  Some states require licensing of home inspectors.
  • Professional organizations.  Professional organizations may require home inspectors to pass tests and meet minimum qualifications before becoming a member.
  • The Internet or phone book.  Search under “Building Inspections Service” or Home Inspections Service,”
  • Your real estate agent.  Most real estate professionals have a list of home inspectors they recommend.

Tina Redding, RealtorEXIT Real Estate Solutions, 103 Hazel Path Ct, Suite 2, Hendersonville TN 37075

Cell (615)268-5985/Office (615)826-0001/Email tinar@realtracs.com/homesbytinaredding.com

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Buyer Information, HUD Homes

HUD Homes Inventory Sumner, Robertson County 3/21/14

Currently there are 7 HUD homes located in Sumner and Robertson County.  HUD homes are not always considered distressed properties and can be a great buy for a first time home buyer or investor.  Be sure to check the www.hudhomestore.com website to determine bidding periods.  It is also very important to have your financing in order prior to bidding.  The time frames are very short when it comes to HUD homes.  Click here for important need to know information regarding HUD homes.  If you are interested in purchasing a HUD Home contact Tina Redding or any licensed agent.

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Tina Redding-Realtor (615) 268-5985
 
Buying or selling a home is one of those major occurrences in life that can be a very trying experience if you don’t have the right partner to help you through the process.  This is where I can help. I strive to put my clients first with service as a mainstay in a very competitive market.  Start your home search today in Hendersonville, TN.
  
Each office independently owned & operated.
Buyer Information

Moving-Up? Do it NOW not Later

A recent study revealed that the number of existing home owners planning to buy a home thisurgency year is about to increase dramatically. Some are moving up, some are downsizing and others are making a lateral move. Another study shows that over 75% of these buyers will, in fact, be in that first category: a move-up buyer. We want to address this group of buyers in today’s blog post.

There is no way for us to predict the future but we can look at what happened over the last year. Let’s look at buyers that considered moving up last year but decided to wait instead.

Assume they had a home worth $300,000 and were looking at a home for $400,000 (putting 10% down they would get a mortgage of $360,000). By waiting, their house appreciated by 13.8% over the last year (national average based on the Case Shiller Pricing Index). Their home would now be worth $341,400. But, the $400,000 home would now be worth $455,200 (requiring a mortgage of $409,680).

Here is a table showing what additional monthly cost would be incurred by waiting:

Move Up Cost of Waiting (2)

Prices are projected to appreciate by over 4% and interest rates are also expected to rise by as much as another full percentage point. If your family plans to move-up to a nicer or bigger home this year, it may make sense to move now rather than later.

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Tina Redding-Realtor (615) 268-5985
 
Buying or selling a home is one of those major occurrences in life that can be a very trying experience if you don’t have the right partner to help you through the process.  This is where I can help. I strive to put my clients first with service as a mainstay in a very competitive market.  Start your home search today in Hendersonville, TN.
  
Each office independently owned & operated.
 
Buyer Information

Real Estate Industry Update – February 2014

Home sales reach a seven year high.  There are many naysayers declaring that the housing market is still challenged.  Click Here for the latest news in the Real Estate Industry!

For Sale Fun
Looking to purchase in Hendersonville TN?  Start your home search today!

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Tina Redding-Realtor (615) 268-5985
 
Buying or selling a home is one of those major occurrences in life that can be a very trying experience if you don’t have the right partner to help you through the process.  This is where I can help. I strive to put my clients first with service as a mainstay in a very competitive market.  Start your home search today in Hendersonville, TN.
  
Each office independently owned & operated.