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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Your Team Don Day, a proven Nashville, Franklin, Murfreesboro and Smyrna, Tennessee NUMBER1EXPERT™ Top Selling real estate agents.

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Real Estate Tips
First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Real Estate Trivia
Q 
How did actress Jayne Mansfield decorate her Hollywood "Pink Palace" without buying any furniture?

A 
She wrote to furniture suppliers asking for free samples, telling them they could brag that their furniture was in her outrageous mansion. She received over $150,000 worth of free merchandise.
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Your Team Don Day, REALTOR®, real estate agents and broker for Nashville, Franklin, Murfreesboro and Smyrna, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Your Team Don Day
Team Don Day Prudential Rowland Real Estate

3173 S. Church St.
Murfreesboro, TN 37127
Don Direct: 615.406.7348
Fax: 615.278.1705
Office: 615.278.1700
Chris Direct: 615.406.1212
donday@NUMBER1EXPERT.com

Don is the Team Leader and has been selling homes and property in the Middle Tennessee area since 1993. He has helped more than 2,000 families buy or sell real estate since that time. Don is retired from the United States Air Force after 20 years of service. He is ranked in the Top 3% of all realtors in the Prudential Real Estate Companies in the world and has been since 1998. We believe in the Team approach because it provides our clients and customers with the best service possible. There is no extra charge to our clients for our enhanced services and representation. Prudential Rowland Real Estate 2006 Agent of the year South Church Street.

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