Foreclosures

by Grant Hammond|February 12, 2009February 12, 2009|Foreclosures, Freddie Mac, Nashville Mortgage Rates, Refinance

Despite the Federal Reserve’s campaign to lower Nashville mortgage rates, Freddie Mac reports a jump in the 30-year fixed rate to 5.25% in the week ended February 5 from 5.10%...

First Major Condo Project Is Seized

by Grant Hammond|February 5, 2009February 5, 2009|5th and Main Condos, Fifth and Main, Foreclosures, Nashville Condos

This article entitled “Fifth & Main condos seized for unpaid debts; Wachovia wins court order for receiver” appears in The Tennessean on February 5th, 2009. This article was written by...

Visual Guide to the Financial Crisis

by Grant Hammond|December 28, 2008December 28, 2008|Foreclosures, REO

Thanks to Mint.com for putting together one of the better visual guides to what caused the current economic downtown. It truly is interesting to see in a flow chart! (click...

Tennessee Has Two Real Estate “Safe Havens”!

by Grant Hammond|December 3, 2008December 3, 2008|Foreclosures, Nashville Real Estate, Tennessee

A recent article on Kiplinger’s website profiles six cities across the U.S., described as “safe havens in real estate” - pockets where the damage from foreclosures and a sagging real...

Fannie Mae and Freddic Mac Suspend Foreclosures

by Grant Hammond|November 25, 2008November 25, 2008|Fannie Mae, Foreclosures, Freddie Mac

Well, here's some semi-encouraging news for those who are close to eviction:"The two mortgage giants (Fannie Mae and Freddic Mac) have issued a notice to its loan servicing organizations and...

National Foreclosures Rise in 2nd Quarter

by Grant Hammond|July 25, 2008July 25, 2008|Foreclosures, Nashville

On Friday, RealtyTrac released their national quarterly report on foreclosures, showing a 14% RISE in foreclosure filings in the second quarter of 2008. The report also shows that nationally one...

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