Brentwood TN Real Estate Scoop!

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MILLION $$ Hilltop Hideaway!

 Hideaway Flyer

 3010 Jubille Ridge Road, Franklin Tennessee, a great place to live!

This home is truly one of a kind, a unique estate for a discerning and unique buyer!
Be the one to grab this Gem before someone else, call now!
Many upgrades, more than can be listed here, no luxury was left undone!
Offered at $1,155,000
MLS# 914332
or see at www.vanessastalets.com
Virtual Tour available at above agent site!
By appointment only, agent must be present.
Vanessa Stalets
RE/MAX Elite
615-957-6333
615-661-4400

River Oaks, Brentwood TN, Loacation is awesome!

 

301 River Oaks

LOCATION, LOCATION,LOCATION!
Owner relocated, bring all offers!All brick one level ranch on approx. 1 acre!

Zoned SCALES elem, Brentwood Middle and Brentwood High.
Walk to Brentwood Academy!One of the most sought after subdivisions in the heart of Brentwood's best school district! Hurry, this awesome corner lot home has approx 3100 sq ft, 2 car rear attached garage. Fireplace, vaulted ceiling in extra large great room, HUGE bonus room, eat in kitchen w/ bay window, formal living and dining rooms. 4Bed, 2.5 bath, 2 closets in master. Fenced, private patio off master, covered rear porch area, brick arched front covered rocking chair porch. Room to grow, fabulous mature landscaping as well as several newer trees.Close to Coolsprings, Green Hills and Downtown!This is the one you have waited for! Lowest price in neighborhood! $464,900   Seller relocated, bring ALL offers, we will work with you!


Call now for more info! MLS # 889686 virtual tour
http://marketing.remaxdesigncenter.com/6483/353607
Vanessa Stalets

RE/MAX Elite
615-957-6333 Cell
615-661-4400 Office
www.vanessastalets.com

NEW PRICE! Seller says SELL! Gorgeous Home in Nashville, Hermitage, TN

 New Hope Rd

 

Fabulous 3 bed/2 bath brick home in upscale Baypointe subdivision(lowest price in subdivision), located in quiet peaceful Hermitage! Just MINUTES from lake, downtown Nashville, shopping and dining! Built in 2003 this home a true winner with almost 2200 sq. ft, over 1/3 acre level lot and more amenities than can be listed here! Tradition meets elegance from the many Palladian windows to the incredible arches through out this open floor plan! Vaulted soaring ceilings, large eat in kitchen w/bay window overlooking peaceful back yard. Huge common area with no build. Fabulous deck, new landscaping and custom blinds designed for this house! All appliances stay and are top of the line stainless steel! Hm warranty in place w/1yr given to buyers! Master bed and guest beds seperately zoned for privacy. Master bed boasts a double trey ceiling, tons of light and a master bath to die for! Ceramic tile, large soaking tub, seperate shower and double vanity is just the beginning. Huge walk in closet as well as extra large closets through out.Bonus room is big enough for anything you might need and living room features gas fireplace with open arches to formal didning room and kitchen! Gorgeous hardwoods in Formal Dining as well as crown moulding and chair rails. 2 car attached garage and aggregate drive/parking pad make this the deal of the year!   Seller relocated, says SELL!
MLS #897404
Virtual Tour Here
http://marketing.remaxdesigncenter.com/6483/365646
Vanessa Stalets
RE/MAX Elite
615-957-6333 Cell
615-661-4400 Office

226 ORLANDO AVENUE, NASHVILLE TN- WEST END/WHITEBRIDGE AREA

 orlando ave

3 bed/2.5 bath colonial/contemporary home just minutes from West End, Dwn Twn Nashville, Sylvan Park and more! This gorgeous home was built in 2006 has 1900 sq ft, 2 car detached garage, immaculately maintained!

Entire first floor is hardwood, crown moulding, stainless appliances, granite counters, breakfast bar as well as gas fireplace in living room, dining room and den. Ceramic tile in all baths, contemporary brushed nickel lighting, tons of windows and light. This home boast double verandas that would make Scarlett proud! Master is huge with french doors to own veranda complete with porch swing to take advantage of the star studded fall evenings!

Rear courtyard area with awesome brass fountain, great landscaping and dual access from laundry rm and back door. You must see to believe! Come see why Patina Circle is The New "IN" place to live in Nashville!

VIRTUAL TOUR HERE

http://marketing.remaxdesigncenter.com/6483/412800

MLS#912829 Offered at $329,900

Open House Sept 30th 2-4 PM

Vanessa Stalets

615-957-6333

vanessastalets.com

Expectations and Real Estate

I have found that the single biggest hurdle in Real Estate from a buying point of view is EXPECTATION!

What do I mean by that? Here is an example; a buyer wants to buy in Williamson County, wants great schools, large lot, hardwoods etc. In the area they want the homes are older but solidly built. The expectation problem? That for a great price the home will have newer roof, HVAC, Water heater as well as no other major problems. The price was negotiated down 10,000 and is a steal without the newer items. The buyer wants those items, the unrealistic expectation is that a home that fits these parameters can be found in this particular area in the price range desired.

There has to be give somewhere. Either you pay more and get newer(possibly less lot size however). Or if you are looking at "older" homes, you go into it with the knowledge that probably some of the components will be , gasp, "older". We all want everything our way and the best deal ever, but reasonable expectation is a must or you find yourself on the offer/rescind roller coaster, and that my friends is exhausting all the way around.

My advice? Sit down before hand and write out a list of things you MUST have in a home followed by things you would like and things that are no big deal. Really think about it, make sure your price range fits the desired amenities. Get your REALTOR involved ASAP, and be willing to compromise to get the most important items on your list. Don't let fear drive the bus, get experienced advice from contractors, inspectors and finance people versus your friends and well meaning family members. The experts do this all day long, listen to them.

That is my take, what's yours?!

Vanessa Stalets
RE/MAX Elite
615-957-6333
http://vanessastalets.com

NO BIG DRAMA, BUT DO PAY ATTENTION!

 

>> Review of Last Week

"OUR BRIGHTEST BLAZES OF GLADNESS ARE COMMONLY KINDLED BY UNEXPECTED SPARKS."  Samuel Johnson (1709-1784)
The wise and witty Dr. Johnson, author of the first authoritative English dictionary, would have loved this week on Wall Street. The "unexpected sparks" were Tuesday's surprise announcements by the Fed of a .50% cut in the Fed Fund rate AND a .50% cut in the Discount rate. These kindled a very bright "blaze of gladness" indeed--a 336 point rise in the Dow, its best performance since 2003! Mortgage Bonds also heated up with a quick 41 basis point rally. As Fed chairman Ben Bernanke explained to Congress on Thursday, this was "a pre-emptive move" motivated by concerns over the potential "effects of tighter credit conditions" on the economy.

Party poopers worrying about inflation were put in their place. The morning of the Fed announcement, the August Producer Price Index was reported down 1.4%, a larger drop than expected, and the Core PPI rose a modest 0.2%. The next day, the Consumer Price Index (CPI) for August came in at -0.1%, lower than the expected 0.0%. Even the Core CPI, which excludes volatile energy and food prices, rose by only 0.2%. These are very nice numbers for inflation-watching Bonds and the Fed. But we do need to keep an eye on the dollar, which has been falling against foreign currencies, as that's inflationary on import prices. This week's $83 a barrel oil could also bring prices back up at the gas pump. Housing Starts reported an annual rate of 1.331 million and Building Permits, 1.307 million, both lower than expected, but not a surprise given the current market situation. One piece of encouraging news was Initial Jobless Claims, which hit a seven-week low of 311,000, well under the anticipated 320,000.

For those concerned about the fallout from sub prime mortgages and credit tightening, it was great to see investment banks Lehman Brothers and Goldman Sachs report better than expected Q3 earnings. However, Morgan Stanley's performance was a bit lackluster and Bear Stearns missed their projections entirely, but at least they're no longer on the brink. The week ended with strong numbers from Oracle software and Nike. So although the markets cooled from Tuesday's "brightest blazes", the Dow ended the week at 13,820.19, up 2.9%, while the S&P 500 was up 2.8% to 1,525.75 and the NASDAQ finished up 2.7% at 2,671.22--plenty hot!

>> This Week's Forecast

NO BIG DRAMA, BUT DO PAY ATTENTION!
Well, this week won't see any announcements as big as last week's from the Fed, but there are key numbers to look out for. Consumer Confidence and Existing Home Sales reports on Tuesday are both important barometers for our businesses. Wednesday will show how solid Durable Goods Orders are and Thursday we'll get the week's Initial Jobless Claims, along with the Final Q2 GDP and New Home Sales. The week ends with a bunch of interesting stuff (check our calendar), but most interesting of all will be the Core PCE index, the Fed's preferred inflation gauge. If that number remains calm, we may hear more pundits talking up another Fed rate cut. Finally, the Chicago PMI, which has been known to move markets, should at least reveal something about the economic health of the manufacturing sector.

>> The Week's Economic Indicator Calendar

Remember, in general, weaker than expected economic data is good for interest rates, while positive data causes rates to rise.

Economic Calendar for the Week of Sept 17 - Sept 21

 Date

Time (ET)

Release

For

Consensus

Prior

Impact

Tu Sep 25

10:00

Consumer Confidence

Sep

104.5

105.0

Moderate

Tu Sep 25

10:00

Existing Home Sales

Aug

5.55M

5.75M

Moderate

Wed
Sep 26

08:30

Durable Goods Orders

Aug

-2.5%

5.9%

Moderate

Wed
Sep 26

10:30

Crude Inventories

09/21

NA

-3874K

Moderte

Th
Sep 27

08:30

Gross Domestic Product (GDP)- Final

Q2

3.9%

4.0%

Moderate

Th
Sep 27

08:30

GDP Chain Deflator-Final

Q2

2.7%

2.7%

HIGH

Th
Sep 27

10:00

New Home Sales

Aug

830K

870K

Moderate

Fri
Sep 28

08:30

Personal Income

Aug

0.4%

0.5%

Moderate

Fri
Sep 28

08:30

Personal Spending

09/14

0.4%

0.4%

Moderate

Fri
Sep 28

08:30

Core PCE (Personal Consumption Expenditures)

Aug

0.2%

0.1%

HIGH

Fri Sep
28

08:30

Chicago PMI

Sep

53.5

53.8

HIGH

Fri Sep
28

10:00

Univ. of Michigan Consumer Sentiment-Rev.

Sep

84.0

83.8

Moderate

 

>> Federal Reserve Watch

Forecasting Federal Reserve policy changes in coming months. With the Fed's surprise .50% drop in the Fund rate, many experts now see it holding there while the Fed keeps an eye on inflation and the overall economy. If inflation stays in check, a few forecasters are expecting another rate cut (or two!) before the end of the year.

Current Fed Fund Rate: 4.75%

After FOMC meeting on:

Consensus 

Oct 31

4.75%

Dec 11

4.75%

March 18

4.75%


Odds of change from current policy:

After FOMC meeting on:

Consensus 

Oct 31

35%

Dec 11

40%

March 18

45%

 

 

 

 

 

 

*Courtesy of Tonya Esquibel, CTX Mortgage, Franklin, TN*

Vanessa Stalets
RE/MAX Elite
615-957-6333
615-661-4400
http://www.vanessastalets.com/

West End/White Bridge area

3 bed/2.5 bath colonial/contemporary home just minutes from West End, Dwn Twn Nashville, Sylvan Park and more! This gorgeous home was built in 2006 has 1900 sq ft, 2 car detached garage, immaculately maintained!

Entire first floor is hardwood, crown moulding, stainless appliances, granite counters, breakfast bar as well as gas fireplace in living room, dining room and den. Ceramic tile in all baths, contemporary brushed nickel lighting, tons of windows and light. This home boast double verandas that would make Scarlett proud! Master is huge with french doors to own veranda complete with porch swing to take advantage of the star studded fall evenings!

Rear courtyard area with awesome brass fountain, great landscaping and dual access from laundry rm and back door. You must see to believe! Come see why Patina Circle is The New "IN" place to live in Nashville!

MLS#912829 Offered at $329,900

Open House Sept 30th 2-4 PM

Vanessa Stalets

615-957-6333

vanessastalets.com

Tips on cleaning your garbage disposal

What is the best way to clean a garbage disposal?

The garbage disposal is designed to pulverize food products which are then flushed away with water. The problem is that tiny food particles become trapped in the nooks and crannies of the garbage disposal, creating the perfect environment for bacteria and mold to grow.  

Cleaning the garbage disposal weekly will help reduce bacteria and mitigate unpleasant odors.

Pour one half cup of baking soda into the garbage disposal followed by one cup of white vinegar (do not pre-mix the two). Allow the mixture to work its magic for a few minutes while you boil water in a teakettle or similar size pot. The baking soda and vinegar will make "fizzing" noises. Once the water reaches a boil, carefully pour it into the disposal.

For sharpening the blades of your garbage disposal, fill it half way with ice cubes, run cold water into the unit at full pressure, and turn on the disposal to grind the ice. For a nice, fresh scent, put some peels from a lemon, orange, lime, or grapefruit in the drain with the ice cubes.*courtesy of NHI*

Personaly I like the lemon peel the best, smells so fresh and clean!

www.VanessaStalets.com


RE/MAX Elite
615-661-4400

Tips on cleaning your garbage disposal

Question:

What is the best way to clean a garbage disposal?

Answer:


The garbage disposal is designed to pulverize food products which are then flushed away with water. The problem is that tiny food particles become trapped in the nooks and crannies of the garbage disposal, creating the perfect environment for bacteria and mold to grow.  

Cleaning the garbage disposal weekly will help reduce bacteria and mitigate unpleasant odors.

Pour one half cup of baking soda into the garbage disposal followed by one cup of white vinegar (do not pre-mix the two). Allow the mixture to work its magic for a few minutes while you boil water in a teakettle or similar size pot. The baking soda and vinegar will make "fizzing" noises. Once the water reaches a boil, carefully pour it into the disposal.

For sharpening the blades of your garbage disposal, fill it half way with ice cubes, run cold water into the unit at full pressure, and turn on the disposal to grind the ice. For a nice, fresh scent, put some peels from a lemon, orange, lime, or grapefruit in the drain with the ice cubes.

*courtesy of NHI, John Watkins*

www.VanessaStalets.com
RE/MAX Elite
615-957-6333 Cell
615-661-4400 Office

HERE COME THE FEDS

"HOPE IS INDEPENDENT OF THE APPARATUS OF LOGIC." Norman Cousins
Logic would say the financial news of the week should have put stock prices on the downslide. Industrial production was up just 0.2%, its weakest advance in 3 months, reflecting a 0.3% decline in output from U.S. factories. The week also saw record oil prices, closing above $80 a barrel for the first time on Thursday, then ending the week at $79.10. Friday, the Commerce Department announced that August Retail Sales, the most important indicator of the week, were up a less-than-anticipated 0.3%. Even worse, when strong August auto sales were excluded, the number was actually down 0.4%. Friday's trading was also colored by fresh concerns over the fallout from tight credit markets, when the Bank of England announced it would grant emergency funding to Northern Rock PLC, a lender facing a possible liquidity crisis.

So how did the markets react? The Dow rose to 13,442.52, an advance for the week of 2.5%--its best showing since April 22. In the broader indexes, the S&P 500 was up 2.2% and the NASDAQ up 1.4%-- their biggest weekly gains since mid-August.

Here's the logic, Wall Street style. The week's less-than-stellar economic and credit market news wasn't bad enough to spark recession worries, but should still push the Fed to cut its rate come Tuesday. That will ignite the markets, so now's the time to buy. Net result? The markets go up. An ordinary person relying merely on common sense might miss this play, of course.

On the bond side of the Street, Mortgage Bonds lost nearly 60 basis points, which worsened home loan rates. In the government bonds arena, the yield on the benchmark 10-year Treasury note fell to 4.46% on Friday.

>> This Week's Forecast

HERE COME THE FEDS.
There's a healthy roster of heavy happenings in the coming week, led by the biggest whopper of them all--Tuesday's FOMC (Federal Open Market Committee) meeting. Everyone expects the Fed to cut the funds rate by .25%, and many are looking for .50%. The central bank has left this benchmark rate unchanged at 5.25% for over a year following a string of monthly increases, and hasn't had a rate cut since 2003. A cut will make some borrowing less expensive, but not all costs will come down. Some ARMs (adjustable rate mortgages) are tied to benchmarks other than the Fed, such as the LIBOR (London Interbank Offered Rate), which last week hit multiyear highs. Bonds are aggressively priced for rate cuts and a disappointment by the Fed will only open up the ground beneath them.

In addition, this week three major investment banks will be reporting their quarterly results. This could give new spin to the credit situation, depending on their subprime exposure. Finally, our economic calendar features potentially enlightening PPI, CPI, and Housing Start reports.

>> The Week's Economic Indicator Calendar

Remember, in general, weaker than expected economic data is good for interest rates, while positive data causes rates to rise.

Economic Calendar for the Week of Sept 17 - Sept 21

 Date

Time (ET)

Release

For

Consensus

Prior

Impact

Sep 17

08:30

NY Empire State Index

Sep

18.0

25.1

Moderate

Sep 18

08:30

Producer Price Index (PPI)

Aug

-0.1%

0.6%

Moderate

Sep 18

08:30

Core PPI

Aug

0.1%

0.1%

Moderate

Sep 18

14:15

FOMC policy statement

 

 

 

HIGH

Sep 19

08:30

Consumer Price Index (CPI)

Aug

0.0%

0.1%

HIGH

Sep 19

08:30

Core CPI

Aug

0.2%

0.2%

HIGH

Sep 19

08:30

Housing Starts

Aug

1360K

1381K

Moderate

Sep 19

08:30

Building Permits

Aug

1350K

1373K

Moderate

Sep
19

10:30

Crude Inventories

09/14

NA

-7011K

Moderate

Sep
20

08:30

Initial Jobless Claims

09/15

NA

319K

Moderate

Sep
20

10:00

Index of Leading Economic Indicators

Aug

0.0%

0.4%

Low

Sep
20

12:00

Philadelphia Fed Index

Sep

2.0

0.0

HIGH

 

>> Federal Reserve Watch

Forecasting Federal Reserve policy changes in coming months. 

Consensus is building for the Fed to cut the fund rate on Tuesday, but it's holding to a .25% drop, not the .50% drop many experts are hoping for.
Current Fed Fund Rate: 5.25%

After FOMC meeting on:

Consensus 

Sept 18

5.00%

Oct 31

4.75%

March 18

4.75%


Odds of change from current policy:

After FOMC meeting on:

Consensus 

Sept 18

84%

Oct 31

86%

March 18

93%

*Information Courtesy of Tonya Esquibel, CTX  Mortgage, Franklin, TN*

www.VANESSASTALETS.com
RE/MAX ELITE
615-957-6333