Nesting In Nashville Real Estate Documents, Media, and Handouts
9 Nov
2010
16 Mar
2010
(download)
Sample Condo Questionnaire
> When you purchase a vertical flat or condo
your lender will require that a "Condo Questionnaire" be completed
during the under writing process. Each lender will have specific
questions and required answers as part of their questionnaire. For
instance, FHA and FNMA will require that the building not exceed 50%
rental units. These forms must be completed by the management company
(ie. APEX Ventures, Ghertner, etc.). Many companies charge a fee to fill
the document out. Ghertner charges $145 UPFRONT. You should take this
fee into consideration when making an offer on a condo. By default it is
a buyer cost because it is required by the lender. Typically this
process is not required for a townhome development or a single family
neighborhood with an association.
29 Jan
2010
(download)
Downtown Nashville Living - The 2009 Residential Report
> Every year the Downtown-Nashville Partnership puts together an annual
Residential Report on the state of the market. Now, of course they are a
little biased in favor of growth, but the report is always very
informative and full of helpful urban statistics. Here is the 2009
report:
29 Jan
2010
(download)
MHDA guidelines per Encore
> Thinking of buying an MDHA
"Affordable" unit in one of our urban condo developments? This insert
(which is a few years old) represents the deed restrictions at the
Encore development in SoBro. The income restrictions are slightly higher
now, and every development has guidelines that are different, but this
should give you a good idea of the qualifications needed to purchase an
income-restricted unit. Here are some developments around town that may offer new (or resale)
MDHA units: Encore, Viridian, ICON, Velocity, Werthan Mills, Kress, The
Exchange, Church Street Lofts, West Eastland, Rolling Mill Hill, 5th &
Main, Art Avenue Lofts, & Ambrose.
Stephanie Crawford's Posterous
Nashville Real Estate & MLS Search
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Zeitlin & CO. Realtors
4301 Hillsboro Pk. #100
Nashville, TN 37215
615.554.3745
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