Franklin Sewer Assessment Districts

Franklin Sewer Assessment Districts – The city of Franklin has implemented new policies and procedures for homes that are currently on septic tanks, but have access to Franklin City Sewer lines.

The following information was gathered by the Williamson county association of realtors. Click here for more on Franklin Sewer assessments.

A Sewer Assessment District allows property owners within the defined area to reimburse the city over time, usually 20 years, for all expenses related to extending the sanitary sewer line.  The portion of the assessment allocated to individual property owners is based on each property’s appraised value, with all property owners paying their portion of the total project cost.  Payment of the assessment is the responsibility of the current property owner.  Remaining balances are not transferable and must be satisfied before the property can be sold.

The last part of the paragraph is the one that gets my attention. If you have Franklin real estate that you want to sell or buy, and it’s on a septic tank, you need to know if the special assessment applies. If it does, the homeowner will have to pay it before it can be sold.

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Nashville Real Estate Sales for September

Nashville real estate – 1,935 home sales were reported for the month of September, according to the Greater Nashville Association of REALTORS®.  Nashville real estate sales in 2008 were  2,075 closings reported for September.

Nashville real estate pending sales were 2,120, compared with 2,001 pending sales at this time last year.  The average number of days on the market for a single-family homes in Nashville was 86 days, compared with 79 days for September 2008.

The median residential price for a single-family home during September was $160,000, and for a condominium it was $142,500.  This compares with last year’s median residential and condominium prices of $168,900 and $148,500, respectively.

Nashville real estate inventory at the end of September was 23,975, down from 24,270 in September 2008.

Brentwood Tn Real Estate Sales for September

Brentwood Tn Real Estate Sale For September were as follows.

Number of Brentwood homes sold was 41

Average price of Brentwood homes sold was $618,516

Average days on market for sold Brentwood real estate was 118

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