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THE HOME GUY LATE SUMMER 2010

NASHVILLE REAL ESTATE UPDATE

ISSUE ONE

Buying and Selling in Williamson and Davidson County

Buy? Sell? Refinance? Invest? Rent? Did you know that historically speaking, real estate is second only to the stock market when it comes to return on investment? With the recent developments in our economy and the wear and tear most of us have experienced to our own personal wealth, diversity is more important now than ever. As 2010 winds Before I became a Realtor, I bought down, stay on top of the current tax code and and sold eight of my own personal homes consider real estate as an optional investment Sometimes I used a Realtor, sometimes I instrument. It is a buyers market! did it all myself. Fortunately, my DIY Rock Bottom Rates Average interest on experiences were good ones and I never got long-term mortgages slid to a new record low for burned. However, now that I am a Realtor, the tenth time in eleven weeks and could dip I realize how fortunate I was to have good more. Freddie Mac reports that 30-year fixed DIY experiences. Truth is, Realtors have loans average 4.36%; the 15 year fixed rate fell to access to so much unique information that a new low of 3.86%; adjustable rate mortgages i t i s a l m o s t were also below 4%. If there is more than 1% impossible for an difference between these rates and what you are average citizen to paying, it would be wise to consider refinancing. transact real In Tennessee, Fall means football. The estate on equal season is just about under way so I figured I’d footing. Statistics make my bold predictions in this space. show that using a Tennessee Titans: 11-5 Realtor is more Vanderbilt: 2-10 financially advantageous than FSBO 90% University of Tennessee: 6-6 of the time. You may think you’re saving What do you think? Let me know money, but you’re probably not. your predictions!

Whether its a Dream Home or an Investment Property, a wise decision requires Experience and Diligence

W O R T H P R O P E R T I E S A F F I L I A T E

GUY RICHIE 615-975-4837 guyr@worthproperties.com

Referrals are the lifeblood of a Real Estate agent. So first, I’d like to thank my friends Corkey and Rob who have been incredibly helpful connecting me with people in the market for real estate. Going forward, I am offering a $500 referral fee to anyone who refers a client to me that leads to a sale or purchase. Give it a moments thought...surely you know someone needing to buy or sell a home, (think relocation,

Q.) The number 1 factor determining home purchase location in America? A.) Proximity to family. death or divorce, new job, new baby, etc.). You could have an additional $500 in your wallet if you do!

Enjoy the Fall! Talk again soon!

A House is just a building... A home is what you make of your house. Let’s work together to find the place you’ll want to call home for years to come.


Newsletter Summer 2010