What About Home Sales in Bell Buckle?

What About Real Estate in Bell Buckle, TN?

2018 Middle TN Real Estate Sales Stats for Bell Buckle, TN:  81 Residential homes sold during 2018.  The sale price variety greatly, with the minimal being $79,900 and the maximum being $800,000.  Of those 81 homes, 61 were under $300,000.

Many of the prospective buyer that called me in recent years inquiring on Bell Buckle have been folks looking to live in the quaint historic town of Bell Buckle, as they appreciate more open spaces — LAND.

So of the 81 homes that sold in 2018, what amount of land did buyers end up with?

41 of the 81 had more than 1 acre, 22 more than 5 acres and 10 of those home had at least 10 acres.  41 one out of 81 homes had one acre or more!  That is often a requested acreage amount, but more difficult to find as you travel close to Nashville.

Did you know?

  • There are currently 20 listings for acreage in Bell Buckle, TN.
  • List prices range from $64,900 to $2,499,000 (with up to 132 acres)!
  • We currently have 14 residential listings in Bell Buckle from $89,900 to $999,999.

Perhaps, the Webb School Craft Show held each October or the RC Cola, Moon Pie Festival held in June, a warm meal at the charming Bell Buckle Café or other local small town favorites will bring you for a visit and the quiet atmosphere will be what brings you back looking for YOUR next home.

If so, Maroney Real Estate would be honored to be YOUR real estate professional of choice to assist in your move!

If you travel down US Hwy 231 South, you may very well pass the Maroney Real Estate office … depending on which route you take!  We are approximately 3 miles North of Hwy 82 /Webb Road where many turn by the Shell station to travel the 5 miles into Bell Buckle.  Holler at us the next time you’re in the area and we’ll be happy to schedule some showings for you!  

 

Sweethearts and Changes in Middle TN

Happy Wednesday, Middle TN!

Or should I say Happy Wet Wednesday?   Here at Maroney Real Estate just South of Murfreesboro, it sure has been a rainy day.  A good day to catch up on some professional reading and writing.

www.MaroneyRealEstate.com
Buying or Selling, Call Maroney Real Estate!

A few news headlines today were talking about candy.  Perhaps because February 14th is right around the corner?!  From those headlines I read about the Spangler Candy Companpurchasing Sweethearts & NECCO Wafers in 2018, but the famous conversation hearts won’t be available this year for Valentine’s Day.

Brach’s has their version of the same thing.  I remember buying the little pink box for my daughters most years when they were younger.  I guess I won’t buy them for the kids this year.  Though I did see some on Amazon!

And just like homes in California, I didn’t care for the sale price!  LOL

Reading this article and reminiscing on the past, it got me thinking how things can change and you never know when it will happen.  Like the housing market.  (Of course my brain went there!)  I wonder how it will change in 2019?

Contact MRE for specifics in YOUR area!
December Housing Snapshot per NAR

This housing snapshot from NAR (National Association of Realtors®) on Instagram shows the December housing snapshot of existing home sales is down and shows what we have been feeling this past year in Middle TN … that we do not have a full inventory.  It’s been a strong seller’s market in 2018 here in Middle TN.

What will the market look like during spring of 2019?

Buying OR Selling … Maroney Real Estate is here to help make YOUR 2019 dreams a reality.  We’ll help navigate the waters of buying or selling, no matter what the market.

Maroney Real Estate   Call the Office at: 931-389-4673

 

My Real Estate Heart

This is a casually written post.  Not a professional newsletter.  I’m not even going to run spell check.  (be shocked, by very shocked).  It’s just a female real estate broker, typing what’s on her mind at 11:00pm on a cold, rainy Friday.

I’m about to head out of the office for the day.  I submitted an offer at 10:00pm and this blog post was weighing heavily on my heart.  I had to write.  Casual as it may be.  Personal as it may be.  Yes, this is a business blog, but I’m sharing of my heart.

You see, I’m reflecting on what an awesome week it has been. Driving back from a second showing on a home late this evening, running on little sleep and the heart burn caused by yummy tasting pizza I shouldn’t have scarfed down before heading back into town for this appointment, I couldn’t help but feel joyful on this cold raining night.  AND  I have to share.  I guess partially because my heart just feels so full, partially because if anyone is considering a career in real estate……..well, this casually written blog post will share with you a little bit about WHY I love this career so much.

This career is something I am very passionate about and I so wish I could have started in my 20’s as I had dreamed of doing.  But I just love helping others and what better way to do so than follow in my Mom’s footsteps and help others buy /sell a home or assist others in getting started in this career.   The way the people we meet touch our hearts is just ONE of the perks of the job.

Here are a few of the reasons I’m smiling at 11pm on a Friday night, sleepy, but honestly smiling as I sit at the computer:

MRE has a few new agents starting soon… and we cannot wait to share that news!  (I guess I kind of did just now, but official announcements soon!)  All of the future “Maroney Real Estate Family Members” seem to have a good heart, a good business sense and each one brings something unique to the company that I feel will be beneficial to clients and our business as a whole.  We are thrilled to welcome them on! …

Through folks I met on the job, I had two totally unexpected opportunities to share something special this week…

But mostly, I’m thinking of the amazing families I have gotten to know during this career I love so much and how many ways they brighten my day.  I hope I can do the same in return, plus some!  I don’t want to get into all the details, but some of the ways are:

Seeing posts on social media from some of my clients and smiling or crying with them…

Mini “conversations” that arise from some of those posts!…

Sharing in general conversations and texts with current or past clients…

Missing a client (2 actually) that moved to TX and smiling when I see a FB post….

One seller’s three year old who tells me his bible verse he learned; be it when I see them in person or he tells me over the phone…

Helping a wonderful family navigate the waters of buying their first home in a crazy seller’s market.  Ask most real estate professionals and I believe they will say that helping first time buyers in a low – inventory, CRAZY strong seller’s market does come with its challenges, but the great folks I meet are again, what it’s all about!  Not to mention the victory we all feel when we find the home and are the “winner” in a multiple offer situation…

Then there is the Mom and 3 kids I met in 2012 who were moving back to TN & I was blessed to serve as her buyers agent.  We were at the office late on the night before Thanksgiving writing an offer on a home that would become a new beginning for her and the children.  I gained a friend in the process (four of them – those kiddos are precious to me). Then today, the oldest of the three children text me and asked me to come take prom photos tonight.  Based on a message from the mom, I don’t believe she originally knew I was going to be asked to do so, but stated she loved that her daughter did so.  Talk about a huge smile that brought to me…that the daughter asked me to take the photos on a special event.  What a joy to be able to do so and how beautiful she looked! Inside and out…she is a beautiful young lady.   If it weren’t for this career, I wouldn’t have had the blessing of doing so.  Besides, I had a chance to share in some laughter with the mom and two younger children! …

AND THEN…there is the precious three year old who is all shy with you at first and by the second day of showings, is calling you Aunt Michel.   I had a client whose children called me Grandma Michel and I love them to pieces.  But this week, I had the Realtor-Aunt Hat on! {insert HUGE smile again}.  I met them at the final walk through and when I arrive, they are in the very back portion of their soon-to-be lot and it’s a decent sized piece of land.  I walk to the edge of the driveway, we wave and all of a sudden, this little man just takes off running to me!  It reminds me of when I pull up at my daughter’s home and the grand kids are playing outside and they run to see me.  But I’m their Mamaw, you’d kind of expect that to happen.  But this amazing little man who has stole my heart during this real estate transaction, runs his little heart out, hair flying in the breeze he’s creating from running so very fast and I’m in awe as I watch him.  He gets to me and says, “Aunt Michel, I picked you this flower!” 

  ***** Ya’ll there are no words!! *****

What a sweet boy he is and what a joy it is to get to know the clients I work with.  I always say it’s not about the sales, it’s about helping people!

If you thought real estate was just HGTV in real life or just about showing houses and putting up for sale signs…we need to talk.  The good, the bad, the indifferent of this career AND the amazing weeks like this.  Every day in the business world may not be sunshine, smiles and little, yellow wild flowers…but EVERY DAY IN THIS BUSINESS IS AN OPPORTUNITY TO MAKE A DIFFERENCE IN SOMEONE ELSE’S LIFE AND YOU MAY BE SURPRISED AT HOW IT TOUCHES YOUR LIFE TOO.

This Realtor® heart is full as she turns out the light of the office on a Friday night.

A Flower for “Aunt Michel”

Just ANOTHER example of “I HAVE THEE BEST CLIENTS!”

Why Rent If You Can Buy

A large portion of Americans are still renting properties, instead of enjoying a home of their own. Consumer reports believe this is an issue because of a buyer’s lack of trust in their ability to purchase. It is still a long standing notion that a buyer needs 20% towards the cost of the home in order to move forward, but this isn’t true.

With countless down payment assistant programs, and closing cost roll-ins, a home owner could move in with as little as a few hundred to a couple thousand dollars. Which is a huge difference in the time it takes to save up to make the move.

With interest rates at an all time low, home ownership in today’s market is a great investment. The money saved over a mortgage’s lifespan can result in tens of thousands of dollars, if not hundreds. That’s more money in your pocket today. Don’t wait to buy when interest rates soar again. With low interest rates, that means your monthly mortgage payments are at a significantly lower cost, as well. With such a heated housing marketing, rental prices are soaring, and statistics are constantly showing that home ownership can be equivalent to your rental rate each month, if not less. Why get stuck in a small 2 bedroom apartment, if you can move into a home a pay a monthly rate that is the same, and get a 3 bedroom house with a great backyard?

There is also a fear that a home can keep you “stuck” or “rooted” to one place, without an easy transition out if you decide to move. Although the future of the housing market isn’t easily predictable from location to location, you can always discuss with your agent about buying a home in an area that has a strong turn-over rate when a home hits the market. The equity build up when it comes time to selling is going to be far more beneficial, than if you put money into a rental and decided to move. The money from selling the property can be used to purchase a new home. With renting, there would be no additional funds to transition into a new place.

Now imagine if you were renting a home for $2000/month. If your landlord is renting to make a profit, think how much less you’d be paying on a monthly basis towards your mortgage, if the home was yours. Then you wouldn’t be paying a landlord to profit off of you, you’d be paying a reasonable rate, and get to call the property your own.

Discuss with your buying options with a Maroney Real Estate Professional and qualified lender what steps you need to take towards home ownership, you might be happily surprised about the type of home you can afford to move into.

Call us today at:  931-389-4673

Don’t Replace Your Agent With The Internet

With the influx of new technology and web based solutions, it isn’t a surprise that everything is moving fast into the era of the internet. From sites like Uber to Grubhub, we generally can pull up our phones or laptops to order what we want with ease. And with every industry being revolutionized by technology, the same methods are “attempting” to be applied to the real estate industry.

We could all agree that the simplification of the process through paperwork would be much appreciated by agents and buyers/sellers alike; but the attempt of replacing the agent by sites like Zillow and other third party resources, can lead to a snowball affect of disaster. Think about real estate being smack dab in the middle of fast food and a doctor. You can use your mobile device to quickly place your order for a $20 meal, but when it comes to getting a surgery, you’ll want to put that phone down and visit a professional. Now think of your real estate agent being in the middle of all of that. You can use your devices to look for a home, look at market data the way you look at WebMD, knowing not to take it too seriously because you need a real professional’s input, but it’s fun and gives you a general idea of what to expect. But there in lies the issue, the data online is an oversimplified version of what goes into the process of buying and selling. The same way it oversimplifies medical diseases and surgeries, you’d still expect to get a professional’s diagnosis.

Although a real estate agent isn’t quite like a doctor, the industry in it’s legalities, contracts, and processes is similar in the sense that it needs to be taken seriously. Looking for a house online and wanting to put an immediate offer on one can be exciting and fun, but the issues that require a professional’s guidance comes after the initial contract is written up and the hard work comes into place to actually make the home your own. Same for sellers, if you decide to put your home on the market and want a website that will give you an automatic offer, how do you know you’re not being taken advantage of in the price? But most importantly, how do you know you’re not being taken advantage of in other aspects of the contract? Because there is a lot more to the sale of the home then just agreeing on a number.

The next time you’re digging through public sites for homes for sale, and getting instant home valuation estimates, keep in mind that this is a simple process to give you an idea of your market. A very general idea. But after you’ve found the perfect house, or after you’ve decided that the numbers make some sense for you to sell, call your favorite real estate agent and make sure they give you a more detailed look into the market and assist you through the full process, not just the exciting first parts. Because it’s going to be in the middle of a contract when the lending is falling apart, or negotiations can’t be made on repairs and emotions are at an all time high, that you are going to wish you had put down your laptop and had an agent fighting for you by your side. Use the internet, have fun with it’s amazing resources, but don’t let it replace your agent.

We aren’t in an age, just yet, where technology can do everything a professional can.  Why not let Maroney Real Estate assist you?  Our website does require a username and password.  Logging in with a few simple questions will set you up to browse privately..saving favorites, one click to reach us for showings or questions on a listing…AND our website is powered by the local MLS, so all listings are current and up to date.

Log into MaroneyRealEstate.com today or contact us to get you set up.  It only takes your name, email address and a phone number for unlimited access.

3 Questions To Ask Before Buying Your 1st Home

The real estate market is constantly changing, so we encourage you to do your research! Unbiased advice from family and peers may be kind, but you are the only one who knows what your needs are when it comes to buying a home.

Also, many public websites may be interesting to browse, but please know they cannot take the place of a local professional who can provide you with up to date data and accurate information.  The “Z” site is not accurate and I fear clients following it’s data and feeling they learn the local market with estimates.   It is interesting, I have a profile and bio there you can check out here …and they have a lot of great resources and tools, but as for the estimates…I fear for buyers gathering their knowledge on an estimate rather than accurate data.  I want to help with that!

So…question for you…

WHAT MADE YOU CONSIDER OWNING A HOME?

Forget finances for a minute and focus on what made you consider even buying a home in the first place!

·      Is your family expanding?

·      Does your family feel safe?

·      Is there a STELLAR school system in the area so your children can get the education they deserve?

·      How about that unbearable landlord?  Or why would you want to pay his mortgage, helping him gain equity when you could be doing so for your self?  Paying into a landlord’s mortgage payment is like adding to someone else’s piggy bank instead of your own.

WHICH WAY IS THE REAL ESTATE MARKET GOING?

DON’T SLEEP ON YOUR DECISION TOO LONG! Home prices are on the rise! Prices have risen a good deal in the last few years.  Just ask recent sellers in Middle TN who sold …ask around, “How much equity did you have in your Rutherford County Home?”  You may be surprised.  I know many of my sellers have been…happily surprised.

According to Existing Homes Sales Report from the National Association of Realtors (NAR), the average price of homes in May 2017 went up 5.8% from last year.

If you wait until next year to buy, you might be scrapping for change in the cushions to say the least! Not only will it cost you more to buy, but you will also need to increase your down payment to account for the higher price of the home.

WHAT IS THE MORTGAGE FORECAST?

The initial process of purchasing your home may seem easy and quick, but THERE IS MORE TOO IT!  You need to speak to a highly qualified lending professional.  Maroney Real Estate can introduce you to a few great local lenders if you’d like to learn what it takes to get you mortgage ready.  We want to be YOUR real estate professional…to educate, to advise, to help and to be with you every step of the way!

I was recently informed Mortgage Bankers Association (MBA), and NAR have projected that mortgage interest rates will increase over the next twelve months. The smallest increase in mortgage rates can have a huge impact on a home owner.  Look into getting approved for a loan before rates go up and let us help you make the dream of homeownership a reality in 2018!

FINAL THOUGHTS

If you and your family feel it is the right time to buy a home then GO FOR IT! Consider these points when making the final decision.

Don’t forget, this move is FOR YOU!  We are here to help!

~MRE

Why You Need An Agent For New Construction

Are you ready to buy a home and considering going the route of new construction?  It may seem like an easy enough process, where you get to call the shots of how you want your dream home to be, but there is a lot of risk when it comes to new construction if you are going in blindly. It’s unfortunately not as trouble free as we’d like to hope, if you don’t have the right representative by your side to help with the things that need to be looked out for from a professional’s eye.

Below, we’ll dive into the many reasons you need a professional buyer’s agent representing you in the sale. They are, after all, on your side. And it’s their role to ensure you aren’t taken advantage of by the builders and their representatives in the transaction.
1. HIRING THE RIGHT BUILDER

The most important part of finding an agent is having a professional’s perspective to finding a builder with a great reputation. You get to benefit from your agent’s network of vendors, lenders, and home builders. They have the industry expertise to connect you with a builder that matches your needs, and more than likely, have already had experience with the builder with a past client. Or, if they haven’t worked with a builder you want to use directly, they can gather person-to-person recommendations from other agents to know the expected experience with said builder. They will help you find one, that not only delivers exactly what their clients want, but in a timely fashion.

 2. THE RIGHT LOT IN THE RIGHT NEIGHBORHOOD

The lot you choose to go with in a new build can either be a positive to your new home, or detrimental. In the excitement of the process, we tend to overlook important features of a property. It’s important to have a professional to ensure you make a purchase that will best serve you. They’ll be able to find a neighborhood that best fits your lifestyle and a lot that has a location that works for you. Whether you’re single with pets, or a family with children, the lot location can really make a huge impact. Especially when it comes time to selling it in the future. These are important things your agent will be able to help walk you through, so your decisions work in your favor in the long term, as well as now.

3. UPGRADES AND PLAN MODIFICATIONS

Not only will your agent be able to ensure you get the upgrades and modifications that will best suit your lifestyle, but will also help you make decisions that will increase the value of your home in the long term. They are working for your best interest long term, and with an agent’s guidance, you can be sure to make changes that end up benefiting you.

4. HANDLING CONTRACTS AND PAPERWORK

Your agent will handle the contract and all of the paperwork, and they will be sure to review it to ensure that it is in your best interest. They will be able to help you break down the best loan types, purchasing processes, and steps to take that benefit YOU, not the builder. They are, after all, working for you. They’ll make sure there are no overlooked terms in a builder’s contract that could end up hurting you after you move in. Or even during the building process. You want to make sure you have a professional who is experienced with the paperwork and contracts and knows how to make revisions that work in a way that make you happy.

 5. NEGOTIATIONS

It is imperative in the purchasing process to have an agent that is able to represent you and negotiate for you. The building process is so much more than having the builder put in your favorite counters and floors. They will be able to get you a price that actually benefits you – not the builder. They will be able to run a comparative market analysis to ensure you are paying a fair price for the property. You don’t want to end up overpaying for the home – it could put you in a tough spot when it comes time to sell. They’ll also be able to negotiate terms around building time frame, closings costs, and so many other aspects of a contract that you may otherwise overlook.

 6. BUILDER’S AGENT REPRESENTS THEM, NOT YOU

It may seem easy just to pop into an office of a new build, or a builder’s office, and use the onsite agent. But keep in mind that this agent works FOR the builder, NOT for you. So they will be working to make sure the builder gets the best deal at the end of the day. By having a buyer’s agent of your own, you can ensure there is a professional on your side that can walk you through the process and avoid being taken advantage of during the transaction. They will also have a better handle on things when you hit bumps along the way. If you end up working with a builder who isn’t holding their end of the deal, they will have the power to make connections that ensure the builder holds their end of the contract terms.

Agents at Maroney Real Estate are ready to help you with your new construction home! 

Give us a call today…the office number is 931-389-4673  Or Email our Broker-Owner, Michel Ann Maroney at: Broker@MaroneyRealEstate.com

Use The Right Paint Finish

Ready to paint your home? 

Be sure to use the right finishes in each room and feature to make the best impact in your home. Using the wrong finishes can backfire for home owners if the wrong ones are used in the wrong spaces. Below, you’ll find the most common finishes and recommendations on where they are best applied to.

PAINT FINISHES 
Flat is a low-sheen paint with a non-reflective finish that touches up well and hides minor surface imperfections. It’s ideal for low traffic areas, interior walls and ceilings.

Matte has a low luster reflective finish that is durable, easy to clean, touches up well, and also hides minor surface imperfections. It is great for low to moderate traffic areas, such as bedrooms, and interior walls.

Eggshell Enamel has a soft, velvety appearance and is a good choice for moderate traffic areas such as living rooms.

Satin Enamel if you desire a pearl-like appearance, and are painting moderate to high traffic areas or areas that have some exposure to moisture, such as kitchens.

Semi-Gloss Enamel if you desire a sleek, radiant sheen that is great from cabinets and trim, high-traffic areas and high-moisture areas.

Hi-Gloss Enamel creates a brilliant, shiny appearance with a glass-like finish. This is great for high-use surfaces

Things I LOVE About Middle Tennessee

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.