by TJ AndersonLennon Stella's home, photo via People.comI was already impressed by Lennon Stella, who, by starring in TV drama Nashville, managed to build a double-threat career as an actress and
Nashville Open Houses For Homebuyers Hoping To Explore Downpayment Assistance Program
by TJ Anderson
Yesterday, I shared some details about the Tennessee Housing Development Agency’s Hardest Hit Fund Down Payment Assistance (HHF-DPA) program, aimed at giving Tennessee homebuyers up to $15,000 of help toward downpayment and closing costs.
I’m really excited about the doors this program can open for first-time buyers, in particular — I love a lot of parts of my job, but seeing someone hold the key to their first new home, to experience the accomplishment of achieving a goal and a dream, is by far one of the best feelings I’ve ever known.
There are basic eligibility requirements to take advantage of the program, but they’re clearly outlined on the THDA website:
— you must purchase an existing home (new construction is not allowed)
— the home you’re purchasing must be in an eligible zip code (In Davidson County, the program is applicable for seven specific zip codes: 37218, 37207, 37208, 37115, 37217 and 37086)
— you must be eligible for/use a Great Choice first mortgage loan
— you must complete a THDA-certified Homebuyer Education class with an agency approved to work with HHF-DPA homebuyers
There’s more info and links to dig deeper at THDA.org, and if you need help getting linked up with the right people as you move forward, I’d be happy to help.
With all that in mind, and to follow up my first post, I’m focusing this week’s Open House roundup on possibilities there too.
First, the broader Open House options:
And then some picks that fall into the specified zip codes for the downpayment assistance program.
144 Del Crest Dr
Nashville, TN 37217
A pick for the growing families: 3 beds, 2 baths, well-kept, lots of room to either hang out together or split up (including an absolutely spectacular sunroom), close to Percy Priest lake and the airport. If you’re handy, this is one of those homes that’s already cute and cozy, but with some cosmetic updates, could be especially cool. Open Sunday, 2 to 4 p.m.
1007 11Th Ave N
Nashville, TN 37208
I know that an asking price above $300K for a first-time buyer can be intimidating. But with the Germantown area being among the hottest in Nashville, and adjacent corners like Hope Gardens quickly following, this tends to be around the floor of what it’ll take to get a property there that doesn’t need extensive renovations. This 2-bed, 2-bath home, built in 1920, doesn’t need anything — it’s been updated beautifully, and has a great courtyard and off-street parking. Open Sunday, 2 to 4 p.m.
726 Chickasaw Ave
Nashville, TN 37207
Apply the above hotness commentary here too — East Nashville prices have consistently risen, and renovated homes are steadily going for over $200 per square foot (often higher when you’re closer to Five Points/Lockeland Springs). This 1946 cottage is a to-the-studs renovation, and the finished product is open, bright and charming, with 3 beds, 2 baths, a cute back deck and detached garage. You can see immediately that the open layout helps it live like more than 1419 square feet, too. Open Sunday, 2 to 4 p.m.
Hope these give you some thoughts to chew on. Need help navigating the purchase of your first home in Nashville? I’d be honored to talk and walk you through it. Call or email TJ Anderson Homes, and let me know your plans.
Properties are listed with their own respective real estate firms, and not under agreement with TJ Anderson and/or Benchmark Realty, LLC.
TJ Anderson is a Nashville Realtor with Benchmark Realty who's helped countless clients both buy a home and sell a home in Nashville, Tennessee. He blogs about Nashville regularly, from Nashville-area....
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