TN Real Estate Blog

Franklin Green in Franklin, TN - 1st Quarter 2009 Real Estate Home Sales

* Please note that some homes have been on the market previously. The Average Days on Market do not account for previous listings that have expired or been withdrawn.

Top 5 Reasons to Live in Franklin Green

Community amenities: Franklin Green includes over 55% common areas.  Many of the homes back up to green space.  The community includes underground utilities, street trees, sidewalks and a mix of architectural details. Other features of the neighborhood include a large pool, a wading pool, a playground, and various walking trails. 

Williamson County Schools: Franklin Green is zoned to Winstead Elementary, Hillsboro Middle and Independence High.

Parks and Recreation: Franklin Green is just a couple of miles from Jim Warren Park which includes baseball fields, football fields, tennis courts, pavilions and a new 16,000 square foot skate park.

Affordable Newer Homes: Most available Franklin Green homes are currently priced in the mid $200,000 range.  Homes were built between 1997 and 2004.  Home sizes range from approximately 1,250 to 3,100 heated square feet. 

Community Social Events: Annual events include several neighborhood yard sales, an Easter Egg Hunt, Pool Party, Halloween Treats and Donuts with Santa.

Franklin Green Community Ammenities                    Deer in Common Area

To find out more about Franklin TN Real estate call Tiffany White with Keller Williams Realty at 615-260-5858 or visit www.TiffanyWhite.com

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It's always a good idea to get a home inspection.  Michael's advice is right on!

I had an interesting conversation with a good friend a few days ago.  She has been renting a condo from a mutual friend.  Her plan is to find a bigger place to rent, get a roommate and save some money to buy her own home.  I followed her thought process and wanted to do whatever I could to help her. 

There are lots of online resources for rentals in the Middle Tennessee area but she couldn't find the right place that would give her the space she needs, allow her to stay near her job and keep her daughter in a certain school.   She wanted me to look at houses that are available for sale and see if there were remarks in the listing that indicate the owners would consider renting the home.  After scouring the Nashville Area MLS, I came to a few conclusions. 

• Most home owners with their home up for sale are not going to be overjoyed at the idea of renting their property.  They wouldn't have it on the market if they didn't intend to sell it.  It is possible we could come across someone who would be interested in renting out their home but chances are slim.  If it's not advertised as a rental, it probably isn't for rent!

• Since these home owners want to sell, a lease purchase might be more appealing.  If a lease purchase was an option, it would limit the housing options in terms of size, features and location of homes.  When you are ready to buy, wouldn't it be nice to have a wide selection?  Often a lease purchase requires a sizeable deposit.  Depending on how the agreement is written, it could be a non-refundable deposit.  Knowing various aspects of my friend's situation, I know a lease-purchase is not her best option.

• Several of the homes in her area of Nashville are short sales and pre-foreclosures.  There's no way these homes are going to be rental prospects!  That brings up a whole other issue.  Just because a tenant pays the rent doesn't mean that the landlord uses it to pay the mortgage.  I've heard a few stories of good rent paying tenants being kicked out of their home because the property ends up in foreclosure.  There is definitely piece of mind in knowing your landlord is actually paying the note.  You can rest assured that foreclosure is not on the horizon. 

I wasn't trying to be negative but this conversation did bring up several things that my friend hadn't thought about.  My point was this... she has a pretty sweet situation renting from someone she trusts.  I would love to see her save to buy a home but consider options carefully! 

My friend's goal is to buy a home before December 1st of this year so she can take advantage of the First Time Home Buyer Tax Credit.  If you'd like to find out more about this credit read my blog First-Time Home Buyer Tax Credit Chart & Government Links

Are you looking for some solid real estate advice?  Are you considering buying a home or condo?  To find out more about Nashville TN Real estate, visit www.TiffanyWhite.com or call Tiffany White with Keller Williams Realty at 615-260-5858.

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I've received lots of questions recently about the First Time Home Buyer Tax Credit from friends and clients.  I wanted to have an easy way to look at the basic information and I found this chart from the National Association of Realtors.  It compares the tax credit for home purchases from January 2009 through November 2009 with those offered for purchases during most of 2008.

If you'd like more information about this First Time Home Buyer Tax Credit visit these government links for Tax Credit General Information and Tax Credit Frequently Asked Questions.  It's also a good idea to consult with your tax accountant or CPA to verify if you qualify for the tax credit. 

Are you looking for an affordable first home?  Need someone to guide you through the home buying process? Visit www.TiffanyWhite.com or call Tiffany White with Keller Williams Realty at 615-260-5858. 

MY NASHVILLE TN AREA REAL ESTATE LINKS

Homes for Sale

Blog Posts

Index of Articles