Kim Jones Real Estate Broker - Trifecta Real Estate Services

02/23/2025

Viewed this stunning property in Franklin this week. Kitchen features were fantastic for hosting, location to all Franklin and cool springs has to offer and price reductions!

If you’re looking for a home in the Nashville area, give me a call or text at +12707052331.

This 1714 square feet Townhouse home has 3 bedrooms and 3 bathrooms. It is located at 7031 Gracious Dr LOT 209, Franklin, TN.

02/02/2025

Education Real Estate Sunday! 🤓

Call or text 270 705 2331 if I can help you navigate first time home buying! ☎️

Don't let the name first time home buyer fool you!

🌟If you have owned a home in the past you may still qualify as a first time home buyer!

A first-time homebuyer loan is a type of mortgage that helps people buy their first home or a home after a certain amount of time. 🏠

These loans are often designed to have more flexible requirements and lower rates than other loans.

Eligibility⏰

You may be eligible if you've never owned a home before, or if it's been more than a few years since you last owned one

Some programs may be targeted at specific groups, such as veterans, law enforcement, or educators 🚑🚌

Benefits‼️

Lower down payments: You may be able to make a smaller down payment

Closing cost assistance: You may be able to receive help with closing costs

Grants and tax credits: You may be eligible for grants or tax credits

Special loans: You may be able to get a special loan with a favorable interest rate

Types of loans
Fixed-rate mortgage
The interest rate is set when you close on the loan and stays the same for the life of the loan

Adjustable-rate mortgage (ARM)
The interest rate is set for a certain period of time, then adjusts periodically

Who offers first-time homebuyer loans? 🏦
Federal, state, county, or local government agencies
Nonprofits
Employers
Many lenders

01/25/2025

I have a soft spot for first time homebuyers! If you or your parents never bought a home, you don’t have to not buy a home! Put your fears aside and buy your first home! A little education to ponder on.

Quick tip; Don’t buy a new car until you close on your house! Keep those payments down, then go crazy! 🤪

First-time home buyers in 2025 may have access to government loans, grants, and programs, as well as homeownership programs for specific groups.

Government loans
FHA loan
A loan option for first-time home buyers with a credit score of at least 620. Down payments can be 100% gift, grant, or down payment assistance.

(Don’t stop here if you don’t have a down payment or anyone gift from a family member, KEEP READING!)

HomeReady and Home Possible
A loan option for first-time home buyers with a credit score of 620–660.

VA loan
A loan option for first-time home buyers with a credit score of 580–620. Down payments can be 0%. (USAA is opening up to people of your parents or maybe grandparents were a veteran!)

USDA loan (I call these country area loans, yes they are in Nashville area!)

A loan option for first-time home buyers with a credit score of at least 640. Down payments can be 0%.

Downpayment Toward Equity Act: A proposed bill that would provide up to $25,000 in grants to help first-time home buyers with down payments, closing costs, and interest rates.

Homeownership programs
Good Neighbor Next Door: A program that offers discounts on homes for educators, firefighters, EMTs, and law enforcement officers.
Nurse home loans and doctor mortgages: Loans for newly-certified medical professionals.
Credit score
A credit score of 620 or higher can help you get better loan terms.

You can improve your credit score by paying bills on time, avoiding opening new credit accounts, and keeping credit card balances low.

01/19/2025

Happy 2025! I am 1 year into my journey to Nashville area! I recently have my Tennessee Broker Real Estate License.

Trifecta Is ready to serve mostly Franklin, Brentwood, Spring Hill area!

If you or anyone you know is looking to buy or sell in the Nashville area feel free to reach out directly 270-705-2331!

I am going to view homes and share what is in the market. They have some amazing properties! Look forward to serving you all again, Tennessee residents, and its future relocating!!

Thank you Trifecta Real Estate and its continues support!

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