Things I Love About Middle TN

Things I Love About Middle TN

I relocated to TN from Northern Illinois in July of 2005.  When I moved here, I knew only my two daughters that moved with me.  My move was basically a corporate move; I was working to provide a better lifestyle for my children.  Little did I know I would truly find a new home.  My parents and their family were originally from the South, but moved to IL for a better life many decades ago when all of the manufacturing was going on up North.  There was something in me at a very young age that called out to me and was pulling me South.  I never felt like I belonged where I was and but I DO feel like I belong here in TN. I feel HOME.

So many times family, friends and clients ask why I like it here so much.  I can list many reasons, but for me it’s simply that I feel at peace here.  Some of the other things I love about Middle TN:

  • Less harsh winters
  • Being a day’s drive from SO many great vacation spots, long weekend get-aways and back to family.
  • No state income tax
  • Much lower property tax than where I was living before
  • Friendly People
  • State Parks and hiking opportunities
  • Waterfalls
  • Scenery in general
  • The History.  Middle TN is FULL of history.
  • The wonderful down-home places to dine, like Bell Buckle Cafe, Miller’s Grocery, Puckett’s, Loveless Cafe, The Chocolate Covered Strawberry, etc.
  • Lakes, Picnics
  • Great High School Sports and wonderful travel ball opportunities
  • I found my family roots trace back to about an hour from where I live now.  So I often say, “I’ve returned to my roots!”.  (Yes, I do a lot of genealogy research and LOVE it!)
  • Being an amateur photographer, the photo opps are endless and the season for photographing family outside without freeeeeezing is a lot longer than when there are below zero temps and feet of snow.
  • Church – there’s plenty of them, so find one that suits your beliefs.
  • Music
  • The Predators, The Nashville Sounds and the Titans (though I remain a Bears’ fan, too…my apologies on that one!)
  • College Football…it’s HUGE…if you aren’t into College Football, you either will be or you will be finding something else to occupy your time in the fall…most likely, alone.

I could go on.  I truly do love my state and am proud to now call Tennessee HOME.
  

 

 

Please Share with a Veteran!

Earlier today, I was browsing a couple of news sites for real estate and mortgage professionals.
I came across a recent article on the VA Loan rates and thought you may also like to read it: VA Loans Beat Other Rates

I am proud to serve many of our military families…those men and women who serve to protect what is precious to me and should be precious to all Americans…

Our rights
Our country
Our freedom

I can never repay them for their time and sacrifices, but hopefully, show love and appreciation by taking good care of their families during a real estate transaction.

I am blessed to assist US Military Veterans throughout the United States and not just in the state of TN where I am a licensed Realtor®.
How, you might ask?

  • By being affiliated with a wonderful Veterans’ program, I have referral partners for Realtors across this great nation and lenders as well.
  • By networking in my community & building relationships with other professionals, I have access to some WONDERFUL lenders who can help our Vets get approved for a loan here in Middle TN
  • By being a Certified Veterans Home Buying Agent, I have completed additional training to better assist my clients who have served.

Homebuying Benefits for Veterans (source)

  • No Down Payment Required

    For many, the biggest obstacle to buying a home is saving up for the costly down payment. With the VA Loan, homebuyers are not required to put any money down.

  • Lower Monthly Payments

    Because the Department of Veterans Affairs provides a financial guaranty on each VA Loan, lending institutions carry less risk and don’t require private mortgage insurance which can save hundreds every month.

  • Flexible Qualification Standards

    The rigors of military service can often do a number on a person’s credit report. While more than 80 percent of veterans and service members won’t qualify for conventional financing, the VA Loan provides relaxed qualification standards opening homeownership opportunities for millions.

Who is this Crazy Real Estate Lady?

Someone once asked me, “Just what made you think moving to TN was a smart choice?  What made you think it was a good career move?”  He went on to say what he meant was because I had left a place where I had built a professional reputation and people knew who I was.  Here in TN, when I first arrived in 2005, I knew NOBODY and nobody knew me. I didn’t know how to respond, especially given the atmosphere in which that question was asked.  That was at my last career… Where I had spent a total of 17 years and that conversation occurred in my first 15 months or so of being here in TN.
I suppose the same is true for real estate.  I could have been a Realtor where I was raised, where my Mother has been licensed since 1976, where I have a ton of relatives, friends and church members, where one brother is an insurance agent, one owns his own plumbing company and where I have a cousin who is an electrician and business owner…it goes on…my sphere of influence is huge there… where my maiden name is known & I have deep roots. But my life is here now, I LOVE Middle TN and I am building my own name & reputation.  I work hard, have strong ethics and pray I am building a solid reputation for myself.   In time, maybe I will have built my reputation strong enough so I would have a good comeback to the question I was asked about why I thought moving was a good career move.
In the meantime….Who IS this crazy real estate lady?  Here’s a little about me.   “My Real Estate Journey” Blog Entry
I hope it helps. If not, just ask!  In short, I’m a just a girl who loves her family, loves the Lord and loves being in the career she’s always wanted to be in and has been blessed with thee best clients!
Oh and p.s.
…. My response to this man’s question was that mine had been a move of faith… Following where I felt led to be and where I felt I could give my daughters (then 9 & 12) a better life.

Michel Ann Maroney

My Mother became a licensed Real Estate Agent in 1976. At the time of this posting, July 2014, she is still licensed. She has been my mentor and has set a great example of how to care for your clients!
My Mother became a licensed Real Estate Agent in 1976. At the time of this posting, she is still licensed. She has been my mentor and has set a great example of how to care for your clients!

Home Search

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Searching for a home and an up to date website?!
     Go to www.MaroneyRealEstate.com

Where potential buyers can:

  • Request info on selling your home.
  • Search for a new home!
  • Save listings as a favorite.
  • Click a button to request more info on a listing.
  • Click a button to request a showing.Communicate with a rep 24/7 and if it’s 2am and they don’t have the answer, I’ll receive a message to contact you in the morning!
  • Stay in touch with a Realtor® directly via the website or app.

Sellers can request an evaluation of their home.

Check it out … Again, that’s MaroneyRealEstate.com and if you don’t want to register to use the site, please drop me an email and I’ll register you myself.

I hope you’ll find the site as useful as I did when I first used it!

All my best,

Michel
“I won’t sell you a house, I’ll help you find a home!” ~Michel

Home Search: www.MaroneyRealEstate.com
Find me on FB: www.facebook.com/MaroneyRealEstate

Passionate about helping others…buyers, sellers, new agents

The quote in this photo has always been a favorite since I wrote my high school senior report on Henry David Thoreau. (Yes, I remember. But don’t ask what happenunnamed.jpged last month! LOL) I’m sharing this quote for two ladies who are working hard to get their career where they want it to be AND because it’s a favorite quote of mine.

Sometimes along the path of life, both personally and professionally, we can feel stuck, limited or not where we are meant to be. Sometimes it just takes time.

Though I was blessed to work for a great company while I was a single Mom all those years and needed a steady paycheck & benefits, there were a few folks I encountered over the years who “clipped my wings” so to say, but the two executives I worked for the longest were amazing cheerleaders and I was blessed to learn from the best.  I could only wish my health and my life had been better during those years. However, one of the best things about finally having life where it needs to be (health, happiness and home) and being in the career position I have always wanted to be in is the lack of restraints of having been told “No, you can’t do that, it’s not in your job duties.” Or “No, you can’t succeed at that because of [this or that]” and other chains felt from Corporate America over the years.

When one is living the life they imagined and doing what they are truly passionate about, the sky is the limit.  I had a great mentor once I made the move to Exit Realty, especially to Exit Realty Associates and I could not be more thankful.  I am working to be as good of a mentor to others as she has been to me.  It’s just another aspect of me loving to help others!  Face it…life isn’t about me, it’s about those around me and that is how I truly hope to live out the rest of my days…with the daily motivation that it’s all about those around me, those I come in contact with and perhaps, even those whom I have yet to meet!

Besides helping clients find a home and getting to hand them the keys, I absolutely LOVE helping others get started and mentoring others just starting out. I have been on cloud nine after seeing the joy, excitement and energy stemming from a new agent who has been working hard to make it happen and has recently had her first closing and has another one this month!  Mentoring a truly bright, energetic and motivated individual is an amazing experience. (Chris and Ralph would be proud.)

If you are considering a career in Real Estate, please give me a call today!

VA Loans & A Link To More Info!

A couple of years ago, I took the pledge to ask all clients “Did you Serve?”.
Here is a link to my profile page.

Did You Serve is an initiative to help make sure all Veterans know about their VA benefits for purchasing a home. I have since assisted several families in purchasing a home with a $0 down payment using their VA benefits.  It has been a true joy AND an honor to work with each of these families.  They have all touched my life and I am blessed to now consider them friends.

The problem we run into is that many people are not familiar with the VA Loan Process.  And even after 7+ years of handling VA purchases, I am still learning!  

With each and every transaction I have that is a VA loan, I have learned something new.  The start of my VA loan knowledge came from becoming part of the Did You Serve Initiative a few years ago.  In addition, I have a couple of great lenders who are very knowledgeable in this area and they have provided me with necessary information to better serve my clients.  I am also taking a class to provide more knowledge and added credentials. I never want to stop learning.

I recently had a client speak to a listing agent without me present and she recommended a lender – whom he called for additional information on his VA Loan or the qualification process.  He was given misinformation and it almost cost him a home.  

Long story short, my client did not end up purchasing that home (though he initially liked the home) nor did he use that lender.  He actually already had a lender…a great lender who got him pre-approved for a loan in just one business day after the client and I phoned for proper info.  He sure seemed thrilled to have a better outcome and we have since submitted an offer on another home – with more square footage and a gorgeous setting!  

*Lesson 1:  Be sure you speak to a qualified lender and if you need a second opinion, get one within 30 days. (Yes, you can shop around for a mortgage, but don’t do so over a long period of time.  Check with a couple of lenders in the same month if you need to look elsewhere like my client did.)*

*Lesson 2:  If you have a Realtor or have been referred to a Realtor to serve as your Buyers Agent, speak to him or her rather than a listing agent who is representing the seller. (This takes us to the importance of a Buyers Representation Agreement.  I’ll write about that soon and come back here to provide a link!)*

Back to the VA Loan Process…

Today, I ran across this link.  I am not suggesting this company, I have not looked into their product or anything of the sort, but I did listen to this video (there is nothing to watch really) and I thought others may benefit from the knowledge shared.  Watch Video: Top Ten Things To Know About A VA Loan


dys-badge-ask-me-250px-transp.png Did YOU Serve?  
Or do you know someone who did?Please listen to the video and share this blog link with others you know who may be ready to purchase a home using their VA benefits. I’d be honored to assist you in your home purchase!

Michel Ann Maroney

Home Search:  www.MaroneyRealEstate.com

What is Equity?

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eq•ui•ty  Function: noun  1 a : a right, claim, or interest existing or valid in equity.  b : the money value of a property or of an interest in a property in excess of claims or liens against it c : a risk interest or ownership right in property

EQUITY: the part of your property that you actually own.  If you own property that’s worth $250,000, and you have a mortgage with a remaining loan balance of $100,000, your equity in the property is $150,000.
Repeat home buyers usually rely to some extent on the equity in their current home to help buy their next home. The more equity you have, the larger the possible down payment for the trade-up home. Home equity also equals security, especially at the beginning of a mortgage loan, so little of your payment goes to principal that equity builds slowly.

Naturally, building home equity comes at a price, usually in the form of larger payments. If building home equity means incurring debt to make ends meet, then you’ve defeated the purpose of building equity in the first place.

One way is to make additional principal payments. Additional principal payments make sense when you save more on your mortgage interest expense on an after-tax basis than you would earn on your investments on an after-tax basis.

Before you start making additional principal payments, use one of the many amortization calculators you can ?nd on the internet to do the math and see how much will go towards interest vs. principal payments and how much it would shorten your loan and increase your home equity.

The other way to build home equity faster is to re?nance. Recently, the reason most people have re?nanced is to lock in a lower interest rate and/or lower their monthly payment. But you can also re?nance to shorten the term of your mortgage, which builds equity.

Most sellers use part of their equity to pay selling costs, such as brokerage commissions and transfer taxes. Also, if you are delinquent on your property taxes, or have other liens secured against the property, such as an IRS tax lien, these would have to be paid at closing.

For More Information, contact:

Michel Ann Maroney
Broker-Owner & ABR®
Maroney Real Estate 
Phone:  615-653-1137
Office:  931-389-4673

 

Annandale – Brentwood, TN

Annandale is just one of Brentwood’s many prestigious communities.
This link will take you to a video that will provide a small glimpse of this beautiful community.

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Per Realtracs, the following stats pulled up when I did a search for current listings and closed listings back to 1/1/2014:

Square Footage:  3,794 – 11,053
Year Built:  2006 – 2014
Lots Sizes Ranged from .47 to 2.02 acres
Sales Price:  $835,000 – $3,500,000

Curious about additional stats for Brentwood, TN?
Please review the most recent home report for Brentwood here.

In reviewing some of these listings, the following amenities were noted on various homes:  Sunset views, balconies, pool, basements, media rooms, outdoor grill/kitchens, custom built homes.

This ungated community is zoned for Brentwood High School.

Please contact me for more information on living in and around Brentwood, TN.

~Michel

McFarlin Pointe – Nolensville, TN

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McFarlin Pointe – Nolensville, TN
The community began in 2000 and has recently added new homes again.  It is beautifully situated off Lake Road in the rolling hills of Middle Tennessee between LaVergne and Nolensville.  Residents can enjoy the panoramic views of Middle TN in a community filled with prestigious brick homes, many with stone accents and neighborhood features including a pool and club house. This link will take you on a short video tour of the lovely community, so you can see some of what I recently saw while driving through. (Video Taken 3/2016 -just imagine how beautiful it will look when everything is green and blossomed!)

Things you may not know about McFarlin Pointe:  The community has a Nolensville address, but benefits from Rutherford County taxes and is currently zone for one of the newer Rutherford County High Schools, Stewarts Creek High School..

In the last six months, dating back to 9/1/2015, Realtracs tells us the following stats about McFarlin Pointe:

  • 8 homes closed since that time
  • 7 are currently listed
  • 2 of those 7 are awaiting closing and 1 is under contract subject to approval of financing
  • The average number of days on the market from list to close is 74 days

Of the four still available:
·         One is new construction
·         The lowest list price is $294,900
·         The highest list price is $499,237

A few states based on sales since 1/1/2014:
·         Maximum Sales Price:  $483,615
·         Lowest Sales Price:  $177,900
·         Maximum Square Footage:  5,502
·         Lowest Square Footage:  1,750


Rutherford County Schools
:

  • Elementary School
    Rock Springs Elementary School
    9 out of 10 GreatSchools Rating
  • Junior High SchoolRock Springs Middle School
  • High SchoolStewarts Creek High School

 Directions to McFarlin Pointe:

  • Nashville I-24 to Waldron Rd, Right on Waldron, Right on Lake Rd, Left into McFarlin Pointe.

 OR

  • From Nolensville Road, turn onto Kidd Road, turn right on to McFarlin Road, then turn right onto McConnell Drive or the main entrance, Ben Hill Blvd.


Search for Middle TN Homes Here.

If you are considering buying or selling, please think of me.  I would truly be honored to assist.  You may read my bio on the company website so you know a bit about me.  What you won’t find on the bio is the heart I put into each client and the true desire to make each sale or purchase a happy, smooth transition.  Several clients have been kind enough to write reviews, some of which can be read via this link.

 

 “I won’t sell you a house, I’ll help you find a home!”  ~Michel

 Home Search:  www.MaroneyRealEstate.com

Find me on FB:  www.facebook.com/MaroneyRealEstate

Offering Over List Price

Please see the article link below.  I feel this is a very good read… Especially since we are in a seller’s market right  now.
 Offer writing strategies or thought  processes may need to vary a bit when we find ourselves in a seller’s market vs a buyers market. Especially as competitive as ours has been recently.
I have had buyers who recently found themselves in a multiple offer situation.  I counseled them on much of what this article mentions (not using the accelerated clause, as I agree it can often cause a buyer to pay too much). I always run detailed comps on a house before having my buyers sign an offer, that way they know they are offering a good price, not over paying, and we know we are making an educated offer in hopes of avoiding appraisal issues.  We look at the net to the seller. If you offer list price but then ask the seller to pay all of your closing costs and leave items not normally left with the purchase of this home, it’s not truly offering them list price and most likely won’t put your offer at the top- not in today’s strong seller’s market.  Each case is different.  You need a professional who will do the research for you and help you make a smart offer, an educated offer.
I would be honored to assist you in finding your next home.  Please contact me today.

http://homebuying.about.com/od/buyingahome/f/Is-It-Ok-To-Pay-Over-List-Price-For-A-Home.htm

Michel Ann Maroney, 

Realtor®, ABR®


Exit Realty Associates

7016 Church Street E
Brentwood, TN  37027

Phone:  615-653-1137
Office:   615-321-EXIT (3948)  ext.  2013
Email:   MaroneyRealEstateTN@gmail.com
 
“I won’t sell you a house, I’ll help you find a home!”  ~Michel
 
Community Info, My Bio & other helpful links can be found: