LaVergne (La Vergne) TN FHA Short Sale With Approved List Price Ready to Close in Under 60 Days. Jim, the short sale expert was able to get this LaVergne (La Vergne) short sale pre-approved due to understanding the FHA short sale process.

Brentwood TN FHA Short Sale With Approved List Price Ready to Close in Under 60 Days. Jim, the short sale expert was able to get this Brentwood short sale pre-approved due to understanding the FHA short sale process.

Nashville TN FHA Short Sale Pre-Approved and Priced to Sell. Jim, the short sale expert was able to get this Nashville short sale pre-approved due to understanding the FHA short sale process.

Hendersonville TN FHA Short Sale Under Contract In Less Than 30 Days. The sale is scheduled to close in a few weeks subject to short sale approval. Jim, the short sale expert was able to get this Hendersonville short sale approved so quickly due to understanding the FHA short sale process.

Brentwood TN FHA Short Sale Under Contract and Approved In Under 30 Days. The sale is scheduled to close in a few weeks. Jim, the short sale expert was able to get this Brentwood short sale approved so quickly due to understanding the FHA short sale process.

New Tennessee Mortgage Foreclosure Deficiency Law. Banks and Mortgage Lenders Limited to Two Years to Pursue Deficiency Judgment After Foreclosure. Law Both Helps and Hurts Homeowners Facing Foreclosure.

Mortgage Banking Official Says Loan Modifications Virtually Impossible

Brentwood Governors Club Seeing More Distress Sales. Well Known Gated Brentwood Tennessee Neighborhood Experiencing Increased Short Sale and Foreclosure Activity. Exclusive, affluent, executive, luxury, gated, high-end and golf course neighborhoods are experiencing increased levels of Distress Sales (short sales and foreclosures). Prominent Brentwood Tennessee neighborhood, the Governors Club, is being hit with increased distress sales.

FHA Insured Loan Foreclosure and Short Sale Process. Good News For FHA Borrowers Facing Foreclosure. Due to the way that HUD handles foreclosures and short sales for borrowers with FHA insured loans, foreclosure avoidance (i.e. stopping foreclosure) and a successful short sale closing are more likely than for borrowers with conventional (i.e. Fannie Mae and Freddie Mac) and other mortgage loans.

Distress Sales Dominate Housing Market. Sales of Distressed Properties (i.e. foreclosures, REO’s and short sales) accounted for almost 50% of all home sales in January 2011. This represents yet another increase in the trend of increased market share for distressed properties.

Brent T. White, Law professor at The University of Arizona James E. Rogers College of Law, advocates strategic mortgage loan default as a very viable option for underwater homeowners (i.e. the mortgage balance(s) exceeds the value of their home – there is negative equity).

Short sales and foreclosures are now hitting wealthy areas as such as Brentwood Tennessee and Franklin Tennessee (both are located in Williamson County Tennessee). Both of these affluent towns were previously immune to the effects of the failing economy and housing market decline. The primary cause of these increased real estate distress sales are homeowners suffering from financial distress (i.e. job layoffs, and long-term unemployment).

Murfreesboro Short Sale REALTOR Closes Nashville TN Short Sale

Franklin TN Distressed Sales Activity Increasing. Short Sales and Foreclosures Increasing Their Market Share. Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for over 5% of all Active Listings and just under 6% of all Pending Sales. Currently, distress sales account for over 7% of Active Listings and just under 8% of Pending Sales.

Brentwood TN Distressed Sales Activity Increasing. Short Sales and Foreclosures Increasing Their Market Share. Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for under 6% of all Active Listings and 0% of all Pending Sales. Currently, distress sales account for over 7% of Active Listings and over 7% of Pending Sales.

LaVergne TN Distressed Sales Activity Increasing. Short Sales and Foreclosures Increasing Their Market Share. Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for over 22% of all Active Listings and over 55% of all Pending Sales. Currently, distress sales account for just over 32% of Active Listings and over 71% of Pending Sales.

Smyrna TN Distressed Sales Activity Increasing. Short Sales and Foreclosures Increasing Their Market Share. Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for under 15% of all Active Listings and just under 22% of all Pending Sales. Currently, distress sales account for nearly 18% of Active Listings and 33% of Pending Sales.

Murfreesboro TN Distressed Sales Activity Increasing. Short Sales and Foreclosures Increasing Their Market Share. Compared to late 2009, the percentage of Distressed Sales Activity (i.e. Short Sales and Foreclosures) is increasing. In late 2009, distress sales (i.e. Short Sales and Foreclosures) accounted for just over 10% of all Active Listings and just under 12% of all Pending Sales. Currently, distress sales account for nearly 14% of Active Listings and 17% of Pending Sales.

Nashville Tennessee housing market is currently experiencing a double dip. Home prices in Nashville TN are declining again. I expect home prices to decline another 10% to 20% ore more. Nashville home prices are still not cheap from an historical perspective when compared to household incomes. No market bottom can be called on the basis of homes being cheap – it simply is not true regardless of how much housing prices have fallen.