Nashville New Homes: “Homeownership for the Brave” – Breaking News for Veterans and Active Military!

The Tennessee Housing Development Agency just hit a “home run” in their newest program, “Homeownership for the Brave.”   Those that are eligible will receive a ONE-HALF PERCENT permanent reduction in their fixed interest rate on their home purchase!

This program is valid for purchasing a home, preferably a new one!   Here is a list of those that are eligble for this great program:

*   All Veterans

*   Active Duty Military

*   Retired Military

*   Active Duty Reservists – or Reservists who have served 180 days minimum active duty

*   Personnel discharged under conditions other than dishonorable

*   Spouse of Veteran, or Surviving Spouse of Veteran

There are  certain income and purchase price restrictions, per existing THDA guidelines.  Click here for more eligibility information:  http://www.thda.org/singlefamily/dpchoices.html

This program is BRAND NEW and not even listed on THDA’s website yet.  (www.thda.org)   If you would like additional information, please do not hesitate to contact me anytime at 615.593.6340, or your favorite mortgage lender.  If you don’t have a favorite lender, why not give Chris Meagher or David Prince at Ole South Financial a call at 615.898.7152.  Remember, if you use Ole South Financial for your new home mortgage needs, ALL CLOSING COSTS ARE PAID on your new Ole South home.

And don’t forget that certain military personnel are still eligible to take advantage of the Home Buyer Tax Credits!  This was discussed in a previous blog post here:  https://nashvillehomesblog.com/2010/11/10/thank-you-sir/

We have new homes all over Middle Tennessee, including Clarksville!  For detailed information on our neighborhoods and available homes, please visit our website, www.OleSouth.com.  Even better, visit one of our model homes and see for yourself why “New Homes Are Better!”

Trey Lewis is a licensed Real Estate Broker in the State of Tennessee with Ole South Realty, 615.896.0019  direct 615.593.6340.  Specializing in new home sales in the Greater Nashville area to include Nashville, Murfreesboro, Smyrna, and Spring Hill, Tennessee

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Nashville New Homes: Just when is Spring Break anyway?

Although it was light years ago, I still remember when the school year school started after Labor Day, and ended before Memorial Day.  It seemed like all of the area school systems had the same calendar too.  If we had snow days to make up, we would either add an extra hour to the day…or go to school during one of those teacher “in-service” training days.  Sure seemed a lot simpler back then.

I can also remember when Spring Break actually happened in the Spring.  Now, many systems are calling it “Winter Break.”   Which is it?  Well, it depends on what school system you are in… and possibly where you may travel.

At the bottom of the page are the various Spring Break schedules for the school systems of Middle Tennessee:  (Believed accurate but not guaranteed – confirm with school system if important)

RIGHT NOW, it is “Spring Break” for home buyers, especially those buying their first home!  I won’t dwell on it, but home-affordability is at a peak RIGHT NOW.   Inflation aside, the costs of purchasing a home with a FHA loan will rise on April 18th for everyone that does not have an active purchase contract in process.  Buy a new home NOW and you will get more house NOW for the same monthly payment you will have by waiting…. and that is IF interest rates and prices do not rise, which we all know they one day will.  And so will your rent.

First-time homebuyers can purchase a home with ZERO cash-out-of pocket using THDA’s “Great Start” program through Ole South Financial (898-7152).  Veterans may also purchase with ZERO DOWN using  a VA Loan.   Consult Ole South Financial, or your favorite lending professional for more information.

Even better, certain members of our armed forces are still eligible for Home Buyer Tax Credits if they purchase by April 30th, 2011 and close before June 30, 2011.  That is terrific news, especially for those returning to Ft. Campbell from recent tours of duty.  (Click below for more details.)  Remember, we have new homes in Clarksville too!   

http://www.federalhousingtaxcredit.com/service_mem.php

Now that you know “Spring Break” is NOW for home buyers, here is when it occurs in our area schools:  (check school system for most current information regarding snow day make-up calendar)

Metropolitan Nashville Public Schools     March 11 – 18          www.mnps.org

Rutherford County Schools                            March 21 – 25         www.rcs.k12.tn.us 

Murfreesboro City Schools                             March 21 – 25          www.cityschools.net

Sumner County Schools                                   March 11 – 18           www.sumnerschools.org

Williamson County Schools                            March 21 – 25           www.wcs.edu

Franklin Special School District                    March 21 – 25           www.fssd.org   (balanced schedule is 3/14 – 25)

Wilson County Schools                                     March 14 – 25            www.wcsschools.com

Lebanon Special School District                   March 14 – 25            www.lssd.org

Maury County Schools                                      March 21 – April 1   www.mauryk12.org

When your kids learn of “Spring Break” in Maury County, they will want to move there.  Why not visit the new homes we have there in Cobblestone and Meadowbrook?  Learn more at www.olesouth.com!

Trey Lewis is a licensed Real Estate Broker in the State of Tennessee with Ole South Realty, 615.896.0019  direct 615.593.6340.  Specializing in new home sales in the Greater Nashville area to include Nashville, Murfreesboro, Smyrna, and Spring Hill, Tennessee

Nashville New Homes: Thank you, Sir! (or Ma’am)

November 11th is the day we as Americans celebrate and honor the sacrifice of all U.S. Veterans.   This isn’t one of those holidays created by Hallmark.  It isn’t one of those holidays to give bankers a day off.  It is a official day for all of us to say, “Thank You” to a veteran.  Let’s carry the tradition one step further and say “Thank You” to the active-duty soldiers too!  And remember, those “thank-yous” aren’t confined to November 11th, they are deserved and appreciated every day!

But why November 11th?   Back in 1918, on the eleventh minute of the eleventh hour, of the eleventh day of the eleventh month, an armistice, or treaty of sorts, was signed to end hostilities in what we now call World War I.   It was called the Great War back then because no one was planning a sequel at the time.

Here is an interesting link to the history of this all-important day:

http://news.yahoo.com/s/ac/20101110/pl_ac/7163596_veterans_day_history_background_and_key_dates

Many are not fully aware of the differences between Veteran’s Day and Memorial Day.  Here is another link of interest:

http://www.military.com/veterans-day/history-of-veterans-day.htm

These are official days set aside to honor, celebrate, and remember.  But there is nothing at all wrong with doing that every day.  So, to all the Veterans out there, Thank you, Sir!  (or Ma’am)

There are many soldiers that have returned, or will be returning from deployment.  Please do not forget that the Homebuyer Tax Credits of $8,000 and $6,500 are extended for certain members of the US Military.  Click here for all of the information on eligibility. 

http://www.federalhousingtaxcredit.com/service_mem.php

Veterans can also purchase a home with ZERO money out of pocket and take advantage of today’s incredible fixed interest rates.  And we at Ole South, www.OleSouth.com, have a new home waiting for you in Nashville, Smyrna, Murfreesboro, or Spring Hill…and coming very soon to Clarksville!  (OOPS..more on that later!)

Trey Lewis is a licensed Real Estate Broker in the State of Tennessee with Ole South Realty, 615.896.0019  direct 615.593.6340.  Specializing in new home sales in the Greater Nashville area to include Nashville, Murfreesboro, Smyrna, and Spring Hill, Tennessee.