Condos in The Gulch 
Condos for sale in the Gulch area of downtown Nashville TN
There are currently 4 blog entries related to this category.
Jonny Lee of REMAX Elite sells a Nashville condo and lists another condo for sale
Monday, October 3rd, 2011 at 11:11pm. 239 Views, 1 Comments.
Jonny Lee, of The Ashton Real Estate Group, despite being down and out last week with an impacted wisdom tooth, he still managed to close a condo in Hillsboro Village and market 2 new homes for sale. One located of the properties is in North Nashville and the other is a downtown Nashville condo.
He negotiated a new contract for one of his buyers for a single family home in the West End area and showed homes to 4 different clients (with the help of his assistant Derrick)!
We hope his wisdom teeth (or now lack of) start to feel better soon!
Info Regarding Nashville Condos and Insurance
Thursday, July 15th, 2010 at 6:46pm. 299 Views, 0 Comments.
Important information on condominium requirements.
Investors are now requiring condo purchases to carry both building insurance (usually covered by the HOA) and content insurance. It is called an HO6 policy or better known as a renter’s insurance policy.
The reason for this is, the insurance provided by the HOA will only replace the unit to its original quality per specifications. It WILL NOT cover any upgrades (such as hard wood floors, granite counter tops, etc) that the owner may have added or may add at a later date.
Renter’s insurance can run anywhere from $25 to $75 a month (or more) depending on the personal property the individual has.
The good news is most people get this anyways because they want…
The Condo Market Adds Life to Down Town Nashville and the Gulch
Tuesday, July 13th, 2010 at 10:49am. 443 Views, 0 Comments.
There was a report just released that shows the effect of over investment in condo developments in the Miami area had disaserous results for some investors but every cloud can have a silver lining!
In the boom time for real estate, much like the rest of the USA and the world, the supply of 'qualified' buyers was seemingly endless. With this unprecedented demand for property, developers and investors realised that if they build it, they will buy. Things were going well and developments were being approved and built all over the country. Nashville TN was different in this regard. The traditionally under appreciated downtown area in Nashville, in terms of residential occupancy, was seen as huge potential for the emrging condo market.
The Gulch
In…
The Velocity Condos Go into Bankruptcy?
Monday, July 5th, 2010 at 8:51pm. 936 Views, 1 Comments.
Some more news today that another condo development has gone into ownership restructuring is just another sign of how real estate is really all about timing and judging when to speculate on investing in a major development.The Velocity developers have indeed entered into a deal with the financing back to allow them issue a quit claim on the property.
This means that the 200 or so unsold condos, and the ground level retail space, have now been handed back to the bank and will be sold likely at a reduced rate. Great news for buyers...not so much for the buyer looking to flip and make some quick money. The long term residents will probably have the last laugh though as the appeal of the area grows over time.
Note: as at 7/13 the entry level for a unity…
