The Ole South Blog

Blog Category - New Homes For Veterans

New Homes for the New Year!

Categories: Interest Rates and Financial Information, Nashville New Homes, New Homes For Growing Families, New Homes for the First-Time Buyer, New Homes for those downsizing, New Homes For Veterans, Ole South Neighborhoods, Time to Buy | Posted: January 2, 2013

Thanks to many savvy Tennessee homebuyers, Ole South showed a 22.34% increase in 2012 closed sales over 2011! That means 356 new homebuyers joined the growing list of satisfied Ole South home owners all over Middle Tennessee!

increase-sales

We start off 2013 with over 150 available inventory homes under construction.

2013

And we have brand new homes for most very need:

New Homes for the First-Time Buyer – You’ll find brand new homes all over middle Tennessee built just for you. Why pay rent any longer with today’s interest rates and programs for first-time buyers?

New homes for Growing Families – you will find Ole South neighborhoods in many desirable locations throughout middle Tennessee, and there is certain to be a floor plan to meet the needs of your growing family.

New Homes for those Downsizing – you don’t have to compromise when you downsize! Our award winning floor plans can maximize your space, while offering you a simpler life style.

New Homes for Veterans – you can have it all, and more in your brand new Ole South home. Our preferred lenders offer zero-down financing, and other attractive programs for Veterans.

WE HAVE A BRAND NEW HOME JUST FOR YOU! Call our Online Sales Specialist at 615.219.5644 for information anytime, or visit our website

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The Ole South Blog: Even More Great News for First Time Buyers!

Categories: Interest Rates and Financial Information, Nashville New Homes, New Homes for the First-Time Buyer, New Homes For Veterans, Time to Buy | Posted: July 17, 2012

If you are still renting, the great folks at THDA just made owning a new home even more affordable.   A quick refresher:  If you have not owned a principal residence in the past three years, you can be considered a “first-time buyer.”  The State of Tennessee loves “first time buyers’ so much that they will grant the necessary FHA required downpayment to you under THDA’s Great Start downpayment program.

If you are looking to purchase in Maury County, the first time buyer requirement is waived!  We’ve got great neighborhoods there to choose from in Spring Hill….Meadowbrook, Cobblestone, and coming soon Royalton Woods.

That’s right…. THDA will give you 4% to use toward your downpayment or closing cost.  This FHA loan has a fixed interest rate of 4.2% for 30-years.  (Don’t forget, Ole South will pay your closing costs when using First Community Mortgage for your financing needs.)

If you don’t need 4%, but could use some extra help with your downpayment, consider THDA’s Great Advantage Program, where you will receive a grant of 2% of the sales price to use for down-payment or closing costs.

And if you have already saved enough for your 3.5% FHA downpayment, but have other issues relating to debt ratio, consider the THDA Great Rate Program, currently at 3.6% fixed interest rate.

And it gets even better if you are a veteran, or active duty military!  Take any of the above programs and deduct 1/2% from the published rate!  That program is called “Homeownership for the Brave.”

For more information on these, and other great loan programs, please contact Chris Meagher (chris.meagher@fcmhomeloans.com) or David Prince david.prince@fcmhomeloans.com) at First Community Mortgage.   You can call Chris direct at 615.504.5976 or David at 615.351.7908.

New home inventory in Middle Tennessee is declining rapidly, but we at Ole South continue to build more…and we’ve probably got a new home that will meet your every need somewhere in Middle Tennessee.  Visit our website, www.OleSouth.com, for the location nearest you!

See, you still can buy a new home with little to no cash out of pocket.  Instead of buying a home for your landlord, buy one for yourself instead!

 

 

The Ole South Blog: A salute to Veterans.

Categories: New Homes For Veterans, Veterans Day | Posted: November 11, 2011

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 go one step further and say ”Thank You” to all active-duty soldiers too! 

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.   

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. 

To all of the Veterans out there,

Thank You!

Veterans can also purchase a home with ZERO money out of pocket and take advantage of today’s incredible fixed interest rates.   Using THDA’s Homeownership for the Brave program, Veterans and Active-Duty military can receive 1/2% discount in the fixed rate too!

And we at  www.OleSouth.com, have a new home waiting for you in Nashville, Smyrna, Murfreesboro, Spring Hill, and Clarksville (www.olesouthclarksville.com).