Williamson County Real Estate

Looking for a Deal in Nashville

We all get those calls. Sometimes I catch myself before i laugh, and sometimes I don't. If buyers only knew how predictable they were becoming .

Me - how can I help you today

Buyer - I'm in the market to buy a house, but it has to be a deal

Me - how would you classify a deal?

Buyer - a really good home at a great price

Me - ok, how about lets find the house first, and then work out the deal

Buyer - doesn't the home have to be owned by a bank for it to be a great deal?

Me - Most of the bank owned property in Nashville is not a good deal, but we still take a look. The best deals are homes that have been well maintained in good areas. But because of the market correction, the homes will be sold for a much lower price than they would have been last year. Some of the best deals are individual owners ready to move up, or who have been relocated. The real point is that bank owned property here is usually not in the better locations, and usually requires a significant amount of maintenance.

Buyer - Why does the newpapers and TV keep talking about the great deals in foreclosures.

Me - they don't have to live in it.

 

 

 

 

 

 

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6 commentsLarry Brewer Nashville Real Estate • June 12 2010 08:21AM