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Terri Williams

Sales Associate

My Blog

W Hotel 200 Unit Residential Tower Likely Coming to The Gulch

3/19/2016

REPORTS: W Hotel & 200-Unit Residential Tower Likely Coming to The Gulch

Posted by Terri Williams: Blog on Thursday, March 19th, 2016 

The Gulch DevelopmentWhile Nashville’s Gulch neighborhood is easily one of the more desirable places to live in downtown Nashville, it’s also quickly becoming one of the more popular locations for luxury hotels as well. As construction for the exclusive 12-story, 224-room Thompson Nashville hotel reaches its final stages in The Gulch, plans for another luxury residential project are in the works for the 1.29-acre Griffin Plaza site, which could potentially include both a 200-unit residential tower along with a 250-room upscale hotel that reports are saying could use the ultra-luxury W hotel brand.  

According to those same reports, developers are aiming to bring a world-class lodging brand to Nashville that doesn't currently exist, even despite being one of the most-visited cities in the country.

The project is a planned partnership between Corner Partnership and Chicago-based Magellan, and it appears that both towers will in fact be moving forward, but final details are still uncertain. The residential portion of the development could still be either condos or apartments, and nothing is finalized about which brand the hotel will ultimately be used.

But with a strong growth in Nashville’s hotel market and average daily room rates continuing to rise, the W hotel would certainly be a viable option, and one that seems to be inevitable at this point.

 

Top Retirement Communities in the Nashville Area

3/15/2016

Top Retirement Communities in the Nashville Area

Posted by Terri Williams on Saturday, March 15, 2016 at 11:15a.m.

Nashville Retirement Homes For Sale
Nashville's population is certainly on the rise and among those moving here in droves are retirees. A mild climate, excellent health care facilities, and more than enough culture and entertainment to keep people of all ages busy, it’s easy to see why anyone would want to call Nashville home, retirees included. But along with all Nashville has to offer, many seniors are also choosing Nashville for retirement to be closer to their children and grandchildren as more and more people migrate to Middle Tennessee for its expanding job market.

If you’re thinking about retiring in the Nashville area, you shouldn’t have much trouble finding a great community that fits all your individual needs and wants. But among some of best are a few of our recommendations, which include the following:

The Heritage at Brentwood - Brentwood, TN

Offering active adults a sprawling 48-acre campus with everything you could want in an active adult community, The Heritage at Brentwood is arguably the most desirable retirement community you’ll find here in the Nashville area. Along with great homes, there’s also a clubhouse, day spa, and a dining and lounge area for residents to enjoy as well.

in an inviting neighborhood setting and represents “the new beat of senior living.”  This Active Adult Community is a neighborhood with lovely villas and apartment residences, winding streets, walking paths and picturesque views of the wooded hills. The Heritage at Brentwood features a Clubhouse that houses the Grand Hall and the Market. You can also get a manicure in the day spa, pursue a favorite hobby in the woodworking shop and savor a flavorful meal. There is also the Steeplechase Lounge that is ideal for meeting friends for a pre-dinner cocktail, a well-stocked library and an activities parlor.

Water’s Edge - Franklin, TN

Although the Water’s Edge subdivision in Franklin isn’t age restricted, about one-third of its 377 homes are specifically designed for 55 and over home buyers. A quiet community that provide ample living space, a convenient location, and homes that are sure to retain their value, you can’t go wrong with a home here in Water’s Edge.

Lake Providence - Mt. Juliet, TN

Developed by national home builder Del Webb, Lake Providence features a resort-like atmosphere that’s about much more than just attractive living spaces. Successfully putting the word “active” in active adult, amenities here include a 24,000 square foot clubhouse, a fully stocked 15-acre fishing lake, an aquatic center and exercise facility, an outdoor swimming pool, and a sports complex with tennis courts, bocce ball courts, and pickle ball. And believe it or not, that’s just the tip of the iceberg.

Stephens Valley

Although construction hasn’t even begun on Stephens Valley, it won’t be long before this is one of the top destination for retirees moving to Nashville. In all Stephens Valley will include up to 1,400 custom built homes, as well as a commercial section to the neighborhood that will include restaurants, shopping, office space, and even a boutique hotel with between 85 and 100 rooms. For now, developers are planning to build around 50 to 75 homes a year, with the entire build-out last around 20 years. Construction for the community infrastructure and utilities is expected to begin later this summer and homes will likely start somewhere in the low $400s. 

EAST NASHVILLE - NEW DEVELOPMENT

7/8/2015

EAST NASHVILLE'S NEWEST SINGLE FAMILY HOMES DEVELOPMENT - EAST GREENWAY PARK

Site work should start this fall on a residential community with 62 single-family homes, the biggest cottage development in East Nashville and one that should add new inventory at attractive prices.

East Greenway Park would also be the largest undertaking by infill developer Aerial Development Group, which spent a year working with neighbors and obtaining required approvals for the project planned for 10 acres in the Rosebank neighborhood.

"They wanted diversity, walkability and accessibility to the Greenway and we provided all three," Aerial's owner Britnie Turner said about the neighbors, citing her company's plans to save 41 percent of the trees on the site at Eastland and Rosebank avenues.

Homes at East Greenway Park will sell for $225,000 to $375,000 or more, a price point Turner sees in high demand, especially for new homes in East Nashville. The first homes at the new development should be ready for homebuyers by early summer.

A 1,300-square-foot home at the corner of Eastland and Rosebank will be restored or rebuilt into commercial space for tenants such as a coffee shop or bakery. The project planned northeast of East Nashville's growing Five Points community should help support nearby retail businesses, such as Jeni's Splendid Ice Creams, Rosepepper Cantina, The Wild Cow and Eastland Café.

East Greenway Park will feature several different types of cottage homes, ranging in size from 1,200 to 2,500 square feet. "We've already had a lot of interest as far as selling goes," said Jessica Demas, Aerial's head real estate agent.

Neighbors raised concerns about the project's potential impact on their neighborhood, including traffic and safety issues and density.

"In light of the fact that the SP (specific plan) passed over the voiced objections, the neighbors look forward to working with Aerial to make sure that the concerns of its members are addressed," said Joshua Chesser, president of local community organization Rosebank Neighbors.

Aerial, which Turner founded at age 21, has renovated 107 homes in Davidson County and built more than 100 in neighborhoods such as 12South, Salemtown and East Nashville. It is starting work on Salemtown Square, which will feature six cottage homes.

Last year, Aerial made its foray into apartments, buying the 73-unit Hermitage Gardens Apartments in Hermitage for $2.85 million. It is pursuing a site in south Nashville for a new multifamily project.

In East Nashville, the company has committed funds to Metro for off-site improvements, including sidewalks. A biking trail will be extended through the property to the Shelby Bottoms Greenway, Tiffany Drive will also be extended through the site.

Homes at East Greenway Park will be built phases by Aerial's construction arm, said Josh Randolph, its acquisition manager. As part of Aerial's social enterprise business model, the builder will sponsor a child at an orphanage in Kenya for one year for each home sold.

Call me for more information! 615 260-6253 - Terri Williams

Tennessee Titans 2015 Schedule Released

5/26/2015

The 2015 Schedule for the Tennessee Titans has been Released

Posted by Terri Williams on Monday, May 26th, 2015 at 8:42 a.m.

Tennessee Titans - Image Credit: https://www.flickr.com/photos/ajguel/5218689969/

Living in Nashville, it's very easy to get swept up in the fun of college and professional football. The season is only a few short months away and the Tennessee Titans are expected to compete on a high level this year. Here's a look at the schedule for the 2015 season.

Pre-Season

The Titans will play in four pre-season games including:

  • Titans vs Falcons - August 14th at the Georgia Dome
  • Titans vs. Rams - August 23rd at LP Field
  • Titans vs. Chiefs - August 28th at Arrowhead Stadium
  • Titans vs. Vikings - September 3rd at LP Field

Regular Season Games

With 16 opportunities to see the Titans play, fans from all over can enjoy the fun. Fans in Nashville will have to wait until the end of September to see the Titans at LP Field, however. This year's home games include:

  • Titans vs. Colts - September 27th
  • Titans vs Bills - October 11th
  • Titans vs. Dolphins - October 18th
  • Titans vs. Falcons - October 25th
  • Titans vs. Panthers - November 15th
  • Titans vs. Raiders - November 29th
  • Titans vs. Jaguars - December 6th
  • Titans vs. Texans - December 27th

Away games for the Titans include:

  • At Tampa Bay - September 13th
  • Ad Cleveland - September 20th
  • At Houston - November 1st
  • At New Orleans - November 8th
  • At Jacksonville - November 19th
  • At New York Jets - December 13th
  • At New England - December 20th
  • At Indianapolis - January 3rd

The Schedule includes a stretch of five weeks where the Titans don't go on the road. One of the weeks (October 4th) is a bye week, but the other four are all home games. They won't play a single road game in the month of October this year.

The schedule also includes one Thursday night game against the Jaguars on November 19th. All other games will be played on Sunday at either 1pm or 4:25pm. Of course, the Sunday game times are subject to change.

Terri Williams

The Ashton Real Estate Group of RE/MAX Elite

The #1 RE/MAX Team in Tennessee and #2 in the USA

Downtown Condos

5/11/2015

Which Condos are Found in Downtown Nashville?

Posted by Terri Williams on Monday, May 11, 2015

Are you relocating to downtown Nashville? Whether you’re already from Nashville or are coming in from out of town, downtown Nashville is a great place to live to experience the feel of the city. There are some cool urban condos, both low-rise and hi-rise options, where you can get the whole downtown experience. Here is a look at the condos found in downtown Nashville. 

Encore - 3rd & Demonbreun

If you head over to Sobro, you will find Encore. This is a 20-story high-rise with over 300 condos. It’s a great location next to the Country Music Hall of Fame and the Schermerhorn Symphony Center. 

Riverfront Condos - 736 1st Avenue North 

In the North Capitol neighborhood sits the Riverfront Condos along the Cumberland River. These are individually owned condos and the property is a renovated version of the former Kerrigan Iron Works. It’s right next to beautiful Bicentennial Park. 

Rolling Mill Hill - 50 Hermitage Avenue

Overlooking the Cumberland River is the Rolling Mill Hill. It’s just south of the Korean Veterans Bridge on a hilltop. The property offers a bit of history because the buildings are from the 1800’s and 1900s, yet some areas have brand new buildings. 

Cumberland - 555 Church Street

Nashville’s first residential development in downtown is Cumberland, built in 1998. This was what made everyone want to live downtown. It’s in the middle of downtown next to the library. Many people like to rent here when they aren’t ready to purchase yet. 

Terrazzo - 12th & Division

Located in the Gulch area, Terrazzo is a beautiful condo offering panoramic views of downtown. You can’t beat the floor-to-ceiling windows and private landscaped terraces. Check out downtown and Music Row’s skyline from your place. 

Icon - 600 12th Avenue South

Another Gulch property is Icon, one of the hottest living spaces in downtown.  It’s a 22-storey building with amazing views, an awesome location and many amenities. They sell condos here so quick it’s hard to get in. 

Signature Tower

Signature Tower is still under construction. It will be a 70-story tall tower located at 505 Church Street. It’s going to be one of the tallest buildings in America outside of New York and Chicago. 

 

Terri Williams - Realtor

The Ashton Real Estate Group of RE/MAX Elite

The #1 RE/MAX Team in Tennessee and #3 in the USA

Escalation Clause?

5/11/2015

Should you Consider an Escalation Clause when Buying a Home?

Posted by Terri Williams 5/11/2015

 

 house in hands

When you are buying a home there is always the potential for a multiple offer situation to occur. This basically means more than one person is bidding on the home at the same time. In these types of situations it’s not uncommon for home buyers to use what is known as an escalation clause.

What’s the Purpose?

The purpose of an escalation clause is to try to eliminate as much competition as possible. Basically, the clause would state the buyer will pay a certain amount above the highest bidder. This amount can be anywhere between $100 all the way up to hundreds of thousands. To ensure the buyer doesn't go over their budget, there is usually a ceiling cap included.

Here is how a typical escalation clause might read. Buyer agrees to pay $5,000 more than the highest bid received by the seller. However, the total sales price cannot exceed $400,000. If there is a chance for other buyers to significantly raise the price of the home, be sure to include a ceiling cap.

For Sellers

For sellers an escalation clause is often looked at as a bad thing. Anytime there is an escalation clause in play, the seller will no longer be able to provide counter offers to other interested parties. In essence, the seller stands to lose money.

For Buyers

For the buyer, an escalation clause can actually increase the chances of their offer being accepted. If you are the type of buyer who doesn't enjoy the suspense and tension that comes along with multiple offer situations, consider using an escalation clause. You will be able to set your own parameters and define how much you are willing to pay.

Please know escalation clauses aren't legal in every state. However, some agents will still suggest it to buyers. It may be better to just make your highest and best offer from the beginning. If it’s not accepting you can move on to something else.

Terri Williams - Realtor

The Ashton Real Estate Group of RE/MAX Elite

The #1 RE/MAX Team in Tennessee and #3 in the USA

 

 

Happy Veteran's Day

11/11/2014

Veteran - Dad 1953 Detroit Michigan

Thank you Veterans for your service! My father (retired Air Force)

and grandfather (retired Army) were among those who served.

I have 3 nephews and 2 nieces who are currently serving.

I understand the sacrifice you make for us and appreciate all you do.

Please take the time to thank someone you know who has made the same sacrifice this Veteran's Day.

God bless you all! _Sincerely, Terri Williams

Nine Things Buyers Should Ignore While House Hunting

4/24/2014

 
As you walk through homes on your house hunt, here are 9 things about a for-sale home that you should ignore
in order to keep from passing on a what could be the perfect home for you. These are...

An “Older” Home

Old isn’t always synonymous with bad. Some homes built decades ago have stood the test of time because they

were built with solid, quality materials and have a classic style. Don’t let your buyers always assume that new is

nicer, either. Some newer homes are “affordable” because they were built cheaply. Buyers should remember that

there are many simple fixes for dated homes, and the plus side of an older home is charm and character you

can’t find in a brand new build.

Paint Colors

Things that may not be a huge deterrent in the long run can distract buyers. Remind clients to ignore the existing

paint choices and focus on the structure of the room, the placement of the windows, and other more permanent

features. Paint is an incredibly easy and a cheap fix in a home and something that can be changed in just a couple

hours.

Wacky Wallpaper

Like paint, wallpaper is easily replaced or covered over. So no matter how designed challenged the walls seem to

look—it’s an easy fix.

Kitchen Appliances And Accessories

The kitchen is the heart of the home and often, the appliances aren’t going to live up to most buyers’ dreams.

As long as the buyer leaves some room in the budget, or has a timeline to replace the existing appliances, a

seller’s yellow fridge shouldn’t be a deal breaker.

Ugly Carpet

Flooring options are getting more and more diverse and there are now so many low-cost options that look exactly

like their higher-priced counterparts. Don’t let a client walk away from a great house just because the floor is a

bore—or a mess.

Funky Smells

Except for a serious mold problem, there’s nothing a deep cleaning can’t fix. Prep your buyer and remind them to

focus on the home’s bones and the potential it has when they give the home their own touch.

Curb Appeal

If your buyer is not saying “wow” when you first drive up, that’s ok. Give the client a heads-up and let them

know that reward awaits inside. Tell them to close their eyes and envision a different colored front door and

some new landscaping, and presto—it might just be their dream home!

Popcorn Ceilings

It’s great at the movies, but not at home. No worries! A ceiling specialist can come in and have it all that

scrapped off. It can be a messy issue and can be pricey, but it’s not the end of the world.

No Privacy

If the house feels too exposed and lacks privacy from next door—there are ways to fix that. Remember

“hedges make great neighbors” and you should be prepared to offer your clients smart solutions as to how

to remedy the issue.

How Much DO Real Estate Agents Make?

3/31/2014

Please include attribution to Point2.com with this graphic.

How Much Do Agents Make How Much Do Real Estate Agents Make?

Buyers...Need a Loan? Do this FIRST!

3/5/2014

Buyers: Need a loan? Look into this FIRST before looking at homes!

 

It’s not overkill to start working with a mortgage professional as far as six months or a year in advance of starting your house hunt to get pre-approved for a loan. Make sure you get a clear understanding of the amount you qualify for then we can work together to determine the price range in which you should house hunt. This will also save you the disappointment of falling in love with a property you may not be able to afford.

 

Lending standards have changed frequently in the past few years. That means buyers can’t assume that they’ll be approved for the amount of loan they need to buy the house they want. A client’s inability to get approved for a home loan can create all sorts of problems not just for the buyer, but also for the home’s seller. The average seller’s worst-case scenario is that they accept an offer only to find out a few weeks, or months, later that the buyer can’t get the loan they need to close the deal.

 

And whatever you do – don’t buy a new car, open new credit cards or even change your line of work before your escrow closes, unless you consult closely with your mortgage professional before you make that move!

 

Sincerely, Terri Williams – Realtor / E-Pro / Relocation Specialist

 

May I suggest REMAX Elite’s preferred lender –

Ameris Bank Mortgage Services

Armando SanMiguel - Vice President - NMLS# 180691

Office: 615.567.8032  /  Cell: 615.424.8444 /  Fax: 615.469.6065

Armando.sanmiguel@amerisbank.com

2550 Meridian Blvd. Suite 200

Franklin, TN. 37067

Amerisbank.com

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