My Real Estate Heart

Posted on April 07, 2018

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!” Read More >>

Why Rent If You Can Buy

Posted on February 22, 2018

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 Read More >>

Don't Replace Your Agent With The Internet

Posted on February 21, 2018

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 today or contact us to get you set up.  It only takes your name, email address and a phone number for unlimited access. Read More >>

3 Questions To Ask Before Buying Your 1st Home

Posted on February 21, 2018

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 Read More >>

Why You Need An Agent For New Construction

Posted on February 21, 2018

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: Read More >>

Use The Right Paint Finish

Posted on February 21, 2018

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 Read More >>

Things I LOVE About Middle Tennessee

Posted on January 11, 2018

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.        Read More >>

Please Share With A Veteran

Posted on September 13, 2016

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. Read More >>

Who Is This Crazy Real Estate Lady?

Posted on August 13, 2016

Someone once asked me, “Just what made you think moving to TN was a smart choice?  What made you think it was a good career move?”  He went on to say what he meant was because I had left a place where I had built a professional reputation and people knew who I was.  Here in TN, when I first arrived in 2005, I knew NOBODY and nobody knew me. I didn’t know how to respond, especially given the atmosphere in which that question was asked.  That was at my last career… Where I had spent a total of 17 years and that conversation occurred in my first 15 months or so of being here in TN. I suppose the same is true for real estate.  I could have been a Realtor where I was raised, where my Mother has been licensed since 1976, where I have a ton of relatives, friends and church members, where one brother is an insurance agent, one owns his own plumbing company and where I have a cousin who is an electrician and business owner…it goes on…my sphere of influence is huge there… where my maiden name is known & I have deep roots. But my life is here now, I LOVE Middle TN and I am building my own name & reputation.  I work hard, have strong ethics and pray I am building a solid reputation for myself.   In time, maybe I will have built my reputation strong enough so I would have a good comeback to the question I was asked about why I thought moving was a good career move. In the meantime….Who IS this crazy real estate lady?  Here’s a little about me.   “My Real Estate Journey” Blog Entry I hope it helps. If not, just ask!  In short, I’m a just a girl who loves her family, loves the Lord and loves being in the career she’s always wanted to be in and has been blessed with thee best clients! Oh and p.s. …. My response to this man’s question was that mine had been a move of faith… Following where I felt led to be and where I felt I could give my daughters (then 9 & 12) a better life. My Mother became a licensed Real Estate Agent in 1976. At the time of this posting, she is still licensed. She has been my mentor and has set a great example of how to care for your clients! Read More >>

Home Search in Middle TN

Posted on August 09, 2016

Searching for a home and an up to date website?!      Go to Where potential buyers can: Request info on selling your home. Search for a new home! Save listings as a favorite. Click a button to request more info on a listing. Click a button to request a showing.Communicate with a rep 24/7 and if it’s 2am and they don’t have the answer, I’ll receive a message to contact you in the morning! Stay in touch with a Realtor® directly via the website or app. Sellers can request an evaluation of their home. Check it out … Again, that’s and if you don’t want to register to use the site, please drop me an email and I’ll register you myself. I hope you’ll find the site as useful as I did when I first used it! All my best, Michel “I won’t sell you a house, I’ll help you find a home!” ~Michel Home Search: Find me on FB: Read More >>

Passionate about helping others...buyers, sellers, new agents

Posted on July 12, 2016

The quote in this photo has always been a favorite since I wrote my high school senior report on Henry David Thoreau. (Yes, I remember. But don’t ask what happened last month! LOL) I’m sharing this quote for two ladies who are working hard to get their career where they want it to be AND because it’s a favorite quote of mine. Sometimes along the path of life, both personally and professionally, we can feel stuck, limited or not where we are meant to be. Sometimes it just takes time. Though I was blessed to work for a great company while I was a single Mom all those years and needed a steady paycheck & benefits, there were a few folks I encountered over the years who “clipped my wings” so to say, but the two executives I worked for the longest were amazing cheerleaders and I was blessed to learn from the best.  I could only wish my health and my life had been better during those years. However, one of the best things about finally having life where it needs to be (health, happiness and home) and being in the career position I have always wanted to be in is the lack of restraints of having been told “No, you can’t do that, it’s not in your job duties.” Or “No, you can’t succeed at that because of [this or that]” and other chains felt from Corporate America over the years. When one is living the life they imagined and doing what they are truly passionate about, the sky is the limit.  I had a great mentor once I made the move to Exit Realty, especially to Exit Realty Associates and I could not be more thankful.  I am working to be as good of a mentor to others as she has been to me.  It’s just another aspect of me loving to help others!  Face it…life isn’t about me, it’s about those around me and that is how I truly hope to live out the rest of my days…with the daily motivation that it’s all about those around me, those I come in contact with and perhaps, even those whom I have yet to meet! Besides helping clients find a home and getting to hand them the keys, I absolutely LOVE helping others get started and mentoring others just starting out. I have been on cloud nine after seeing the joy, excitement and energy stemming from a new agent who has been working hard to make it happen and has recently had her first closing and has another one this month!  Mentoring a truly bright, energetic and motivated individual is an amazing experience. (Chris and Ralph would be proud.) If you are considering a career in Real Estate, please give me a call today! Read More >>

VA Loans

Posted on April 12, 2016

A couple of years ago, I took the pledge to ask all clients “Did you Serve?”. Here is a link to my profile page. Did You Serve is an initiative to help make sure all Veterans know about their VA benefits for purchasing a home. I have since assisted several families in purchasing a home with a $0 down payment using their VA benefits.  It has been a true joy AND an honor to work with each of these families.  They have all touched my life and I am blessed to now consider them friends. The problem we run into is that many people are not familiar with the VA Loan Process.  And even after 7+ years of handling VA purchases, I am still learning!   With each and every transaction I have that is a VA loan, I have learned something new.  The start of my VA loan knowledge came from becoming part of the “Did You Serve Initiative“ a few years ago.  In addition, I have a couple of great lenders who are very knowledgeable in this area and they have provided me with necessary information to better serve my clients.  I am also taking a class to provide more knowledge and added credentials. I never want to stop learning. I recently had a client speak to a listing agent without me present and she recommended a lender – whom he called for additional information on his VA Loan or the qualification process.  He was given misinformation and it almost cost him a home.   Long story short, my client did not end up purchasing that home (though he initially liked the home) nor did he use that lender.  He actually already had a lender…a great lender who got him pre-approved for a loan in just one business day after the client and I phoned for proper info.  He sure seemed thrilled to have a better outcome and we have since submitted an offer on another home – with more square footage and a gorgeous setting!   *Lesson 1:  Be sure you speak to a qualified lender and if you need a second opinion, get one within 30 days. (Yes, you can shop around for a mortgage, but don’t do so over a long period of time.  Check with a couple of lenders in the same month if you need to look elsewhere like my client did.)* *Lesson 2:  If you have a Realtor or have been referred to a Realtor to serve as your Buyers Agent, speak to him or her rather than a listing agent who is representing the seller. (This takes us to the importance of a Buyers Representation Agreement.  I’ll write about that soon and come back here to provide a link!)* Back to the VA Loan Process… Today, I ran across this link.  I am not suggesting this company, I have not looked into their product or anything of the sort, but I did listen to this video (there is nothing to watch really) and I thought others may benefit from the knowledge shared.  Watch Video: Top Ten Things To Know About A VA Loan  Did YOU Serve?   Or do you know someone who did?Please listen to the video and share this blog link with others you know who may be ready to purchase a home using their VA benefits. I’d be honored to assist you in your home purchase! Michel Ann Maroney Home Search: Find me on FB: Read More >>

What Is Equity?

Posted on March 29, 2016

  eq•ui•ty  Function: noun  1 a : a right, claim, or interest existing or valid in equity.  b : the money value of a property or of an interest in a property in excess of claims or liens against it c : a risk interest or ownership right in property EQUITY: the part of your property that you actually own.  If you own property that’s worth $250,000, and you have a mortgage with a remaining loan balance of $100,000, your equity in the property is $150,000. Repeat home buyers usually rely to some extent on the equity in their current home to help buy their next home. The more equity you have, the larger the possible down payment for the trade-up home. Home equity also equals security, especially at the beginning of a mortgage loan, so little of your payment goes to principal that equity builds slowly. Naturally, building home equity comes at a price, usually in the form of larger payments. If building home equity means incurring debt to make ends meet, then you’ve defeated the purpose of building equity in the first place. One way is to make additional principal payments. Additional principal payments make sense when you save more on your mortgage interest expense on an after-tax basis than you would earn on your investments on an after-tax basis. Before you start making additional principal payments, use one of the many amortization calculators you can ?nd on the internet to do the math and see how much will go towards interest vs. principal payments and how much it would shorten your loan and increase your home equity. The other way to build home equity faster is to re?nance. Recently, the reason most people have re?nanced is to lock in a lower interest rate and/or lower their monthly payment. But you can also re?nance to shorten the term of your mortgage, which builds equity. Most sellers use part of their equity to pay selling costs, such as brokerage commissions and transfer taxes. Also, if you are delinquent on your property taxes, or have other liens secured against the property, such as an IRS tax lien, these would have to be paid at closing. For More Information, contact: Michel Ann Maroney Broker-Owner & ABR® Maroney Real Estate  Phone:  615-653-1137 Office:  931-389-4673 Email: Home Search: FB: Read More >>

Annandale - Brentwood, TN

Posted on March 08, 2016

Annandale is just one of Brentwood’s many prestigious communities. This link will take you to a video that will provide a small glimpse of this beautiful community. Per Realtracs, the following stats pulled up when I did a search for current listings and closed listings back to 1/1/2014: Square Footage:  3,794 – 11,053 Year Built:  2006 – 2014 Lots Sizes Ranged from .47 to 2.02 acres Sales Price:  $835,000 – $3,500,000 Curious about additional stats for Brentwood, TN? Please review the most recent home report for Brentwood here. In reviewing some of these listings, the following amenities were noted on various homes:  Sunset views, balconies, pool, basements, media rooms, outdoor grill/kitchens, custom built homes. This ungated community is zoned for Brentwood High School. Please contact me for more information on living in and around Brentwood, TN. ~Michel Read More >>

McFarlin Pointe, Nolensville, TN

Posted on March 06, 2016

McFarlin Pointe – Nolensville, TN The community began in 2000 and has recently added new homes again.  It is beautifully situated off Lake Road in the rolling hills of Middle Tennessee between LaVergne and Nolensville.  Residents can enjoy the panoramic views of Middle TN in a community filled with prestigious brick homes, many with stone accents and neighborhood features including a pool and club house. This link will take you on a short video tour of the lovely community, so you can see some of what I recently saw while driving through. (Video Taken 3/2016 -just imagine how beautiful it will look when everything is green and blossomed!) Things you may not know about McFarlin Pointe:  The community has a Nolensville address, but benefits from Rutherford County taxes and is currently zone for one of the newer Rutherford County High Schools, Stewarts Creek High School.. In the last six months, dating back to 9/1/2015, Realtracs tells us the following stats about McFarlin Pointe: 8 homes closed since that time 7 are currently listed 2 of those 7 are awaiting closing and 1 is under contract subject to approval of financing The average number of days on the market from list to close is 74 days Of the four still available: ·         One is new construction ·         The lowest list price is $294,900 ·         The highest list price is $499,237 A few states based on sales since 1/1/2014: ·         Maximum Sales Price:  $483,615 ·         Lowest Sales Price:  $177,900 ·         Maximum Square Footage:  5,502 ·         Lowest Square Footage:  1,750 Rutherford County Schools: Elementary School Rock Springs Elementary School 9 out of 10 GreatSchools Rating Junior High SchoolRock Springs Middle School High SchoolStewarts Creek High School  Directions to McFarlin Pointe: Nashville I-24 to Waldron Rd, Right on Waldron, Right on Lake Rd, Left into McFarlin Pointe.  OR From Nolensville Road, turn onto Kidd Road, turn right on to McFarlin Road, then turn right onto McConnell Drive or the main entrance, Ben Hill Blvd. Search for Middle TN Homes Here. If you are considering buying or selling, please think of me.  I would truly be honored to assist.  You may read my bio on the company website so you know a bit about me.  What you won’t find on the bio is the heart I put into each client and the true desire to make each sale or purchase a happy, smooth transition.  Several clients have been kind enough to write reviews, some of which can be read via this link.    “I won’t sell you a house, I’ll help you find a home!”  ~Michel  Home Search: Find me on FB: Read More >>

Rutherford County, TN - Residential Sales Stats

Posted on February 13, 2016

Happy 2016!  I hope the year is off to a great start for you all.   I ran an activity report today for Rutherford County through Realtracs to give us all a quick summary of 2015.  The results are as follows: Rutherford County, TN – Residential Sales Stats Month of December 2015  New Listings New Listings    449 Average list Price $219,209 Closed Listings Closed Listings:     432 Average Closed Price:     $215,201 Closed Price in comparison to List Price %:     98.99% Average days on the market (listing date until closed):  55 days Year End Summary 2015  New Listings New Listings    7,597 Average list Price $235,302 Closed Listings Closed Listings:     5,402 Average Closed Price:     $208,985 Closed Price in comparison to List Price %:    98.77% Average days on the market (listing date until closed):  54 days Many blessings to you all in the new year!  Please contact me if I may assist you in meeting your 2016 goals of buying or selling a home in Middle TN. ~M. Read More >>

Jamison Downs, Murfreesboro, TN

Posted on February 01, 2016

More Stats on Jamison Downs per tax records: Maximum current square footage:  3983 Maximum Sale Price:  $355,500 # of Sales in Last 2 Years:  12 Average Property Turnout:  5.77 Years Map View from the Avenue to Jamison Downs: *data per CRS tax records Read More >>

Hunters Point, Smyrna, TN

Posted on January 29, 2016

As I begin blogging about various neighborhoods in Rutherford and Williamson County, I come across Hunters Point. Hunters Point in Smyrna, TN came across my thoughts recently as I had a discussion with a client considering the purchase of a home in Rutherford County.  She was hoping for easy access to the interstate, a short drive to work in Nashville, lot sizes less than 1/2 acre (but “not too tiny”), some trees and list prices less than $300,000. The reason this came to mind, along with others is…Hunters Point is a neighborhood East of I-24 and just South of Sam Ridley (exit 66B).  Last year’s sales include 12 closed homes.  Stats from those sales are as follows: Sale Prices from $175,000 – $279,000 Square Footage from 1602 – 3177 Built Year  1993-2007 Lot sizes from .27 of an acre to .41 Current listings range from $225,000 – $284,900 Schools for Hunters Point include Rock Springs Middle School and Smyrna High School. Hunters Point may be an option for this family, but there are many other locations that may suite them…we’ll see what they prefer. What about you? What Smyrna subdivision will be the location of YOUR next home? Click here to search for your next Smyrna, TN home Read More >>

Ballenger Farms, Nolensville, TN

Posted on January 28, 2016

  Directly behind Nolensville Elementary School, is a section of treed land owned by the Ballenger Farms HOA. The first street behind the school is Ballenger Drive, which is a part of Ballenger Farms, Phase 1; where Ballenger Farms began in 2005. It is my understanding the homes were built by Beazer homes.  There is an HOA for the community, recent listings indicate the monthly HOA fee is $21.  If you are looking for low maintenance yards, Williamson County Schools and the charm of living in Nolensville…with the convenience to the city, but all the beauty of the country, this is one of many wonderful communities to consider for your next home purchase.  To search for available homes in Nolensville, click here.  Please note, if the home is under contract, the main photo will say, “Contingent”.  Active listings not under contract will simply say, “Active”.  How many of those other search engines will tell you if the home is already under contract? If you are a current home owner in Ballenger Farms, please share in the comment section what you love most about your home.  To begin an inquiry on the current market value of your Ballenger Farms home or any Nolensville, TN home, visit: or contact me via email: A little data and analysis on Ballenger Farms, according to tax records and subdivision data from CRS/Tax Records: PHASE 1 Maximum Building Square Feet         3076 Average Square Footage:                       2705 Average Year Built                                   2004 Phase 1 – Number of Properties:        46 (45 homes) Maximum Sale Price:                          $339,900 Average Property Turnaround:           7.05 years # of Sales during last two years:         12 Average price in that time frame:       $305,064   PHASE 2 Maximum Building Square Feet:        3446 Average Square Footage:                       2763 Average Year Built                                  2006 Phase 3 – Number of Properties:        47 (41 homes) Maximum Sale Price:                          $322,000 Average Property Turnaround:           7.14 years # of Sales during last two years:         2 Average price in that time frame:       $316,000   PHASE 3 Maximum Building Square Feet:        3427 Average Square Footage:                     2746 Average Year Built                                 2007 Phase 3 – Number of Properties:        60 (56 homes) Maximum Sale Price:                          $345,000 Average Property Turnaround:           6.05 years # of Sales during last two years:         10 Average price in that time frame:       $313,690 Read More >>

2015 Williamson County, TN Stats

Posted on January 05, 2016

Curious about Real Estate Stats for Williamson County?    I ran a report in Realtracs today for real estate activity in 2015.                              The results are as follows: Month of December 2015  New Listings New Listings    465 Average list Price $543,707 Closed Listings Closed Listings:     451 Average Closed Price:      $469,989 Closed Price in comparison to List Price %:     98.9% Average days on the market (listing date until closed):     47 days Year End Summary 2015  New Listings New Listings               9,018 Average list Price        $544,805 Closed Listings Closed Listings:           5,123 Average Closed Price:    $473,875 Closed Price in comparison to List Price %:      98.7% Average days on the market (listing date until closed):      60 If you are considering listing your home and would like a free comparative market analysis of your home, please contact me to schedule a private consultation.     Many blessings in the new year. ~M. Read More >>

Michel Ann Maroney

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