Rhonda Burgess

Rhonda Burgess, Broker
(615) 751-6234


Welcome Home Realty

tel.: (615) 751-6234

voice: TN Lic# 00266926

fax: (866) 538-8492

email: Rhonda@RealtyWorldNashville.com





Rhonda Burgess is first and foremost a Christian who strives to further the kingdom each day. Rhonda’s exceptional listening skills and attention to detail are her greatest strengths as a REALTOR®. Having been in the real estate business for more than 12 years, she recognizes her extensive work history in customer service and her Army training for fostering strong communication skills, great discipline, patience and listening ability. As a formerly licensed mortgage broker, Rhonda has a comprehensive knowledge of financing and loan modification. Rhonda holds the designations of accredited buyer’s representative (ABR), certified residential specialist (CRS), and internet specialist (e-PRO). She specializes in short sales, first-time buyers, and investment properties including HUD, VA, and bank foreclosures in the suburban and metropolitan communities within the Nashville area.

Adding to her drive, Rhonda loves where she lives. Born and raised in Nashville and stationed in the Army in Clarksville, she credits the friendly and warm people of middle Tennessee as just one of the reasons why it’s a great place to call home. Rhonda is active in her church, The Victory Church, as well as her children's sports activites. Rhonda loves to spend time with her children, from filming her son's skateboarding events to supporting her daughter’s softball team, the Lil Devils who are the 2009 Lavergne Baseball/Softball Association 10 and under softball champions! The combination of her attention to detail, distinctive referral rate of more than 95%, and her intuitive spirit show that Rhonda is a perfect fit for all of your real estate needs.

Rhonda Burgess is a Certified Short Sale Specialist. Rhonda has had extensive training from the Harris Real Estate University on how to effectively and quickly perform a short sale. Bad things happen to good people everyday, from a job loss to health issues to a divorce. These things do not define who you are. Or maybe because of the current market conditions, you are able to pay your mortgage but your neighborhood has severely depreciated in value and you are now "under water" in your property - owing much more than the property is worth. There are solutions to help you.

If you qualify, a loan modification can adjust change the terms of your mortgage, such as the interest rate and the number of years of the loan. These changes can make your monthly payment much more affordable. Most of the time if you are behind in your payments, a repayment plan can be included with your modification, allowing you to get back on track with a lower payment. With a modification, you have to have the ability to make the new mortgage payment. If you are unemployed or do not the income that you previously had, you may not be eligible for a modification.

With a short sale, you are selling the property for less than what is owed on it. Your mortgage company(s) agree to accept less in order to avoid foreclosure. A typical foreclosure costs the mortgage company anywhere from $30000 to $60000 depending on the circumstances. During the time that the property is in foreclosure and awaiting sale, the mortgage company is having to pay for the lawn maintenance and utilities as well as risking the chance of the property being vandalized while it is vacant. The banks and mortgage companies prefer a short sale because even though they are losing money, a short sale loss is less than the foreclosure costs. With a properly done short sale, the sale can be completed and closed in less time than the foreclosure process.

Short sales have a less devastating effect on your credit. With a foreclosure, credit scores normally drop anywhere from 200-300 points. A short sale shows on your credit report as "paid in full" or "paid in full for less than full amount". Either way, your score is not affected near as much as the damage a foreclosure does. With a successful short sale, you can be eligible to purchase another home in as little as 24 months. With a foreclosure on your credit report, you are looking at a minimum of 3-5 years before you are eligible to purchase another home.

When you are working with a Certified Short Sale Specialist like Rhonda, the process is full explained to you. Rhonda will handle all of the bank/mortgage company negotiations. Rhonda will price your property to sale, effectively market your property, and get the deal to closing in a very timely manner. You will be kept "in the loop" along every step of the way. At the same time that your property is being marketing, Rhonda can help you secure a new rental property or even purchase a new home if you are in the position to do so. Rhonda strives to make the process as painless and stress-free as possible. All of your information is kept confidential and the transaction is handled with the utmost diginty and respect.

For a free confidential consultation to go over all of your options, please give Rhonda a call at (615) 751-6234 or email her at Rhonda@RealtyWorldNashville.com