How to Buy a Condo in Nashville — What You Need to Know

Why Condos Appeal to Nashville Buyers

• Lower maintenance than single‑family homes

• Often located in walkable neighborhoods

• Amenities like pools, gyms, and security

• Can be more affordable than detached homes in similar areas

Step 1 — Understand HOA Fees and Rules

Homeowners Association (HOA) fees cover building maintenance, insurance, and amenities. In Nashville, monthly fees typically range from $200 to $600+ depending on the property.

• Review what’s included (utilities, parking, internet, etc.)

• Understand any restrictions (rentals, pets, renovations)

Step 2 — Review the Building’s Financial Health

Your lender and REALTOR will request HOA financial documents. Look for:

• Adequate reserve funds for repairs

• No pending special assessments

• A low percentage of delinquent owners

Step 3 — Get the Right Financing

Some condos are “warrantable” (easier to finance) while others are “non‑warrantable” (require special loans).

• FHA and VA approvals are limited to certain complexes

• Conventional loans often work best for most buyers

Step 4 — Inspect the Unit and Common Areas

Even if the HOA handles exterior maintenance, always get a condo inspection.

• Check appliances, plumbing, electrical, and HVAC in your unit

• Evaluate hallways, elevators, parking areas, and shared amenities

Step 5 — Know the Nashville Condo Hotspots

• The Gulch: Luxury living, walkable, vibrant

• Downtown: Close to entertainment, dining, and work

• Midtown: Great mix of residential and nightlife

• West End: Near Centennial Park and Vanderbilt University

How Nik Shewmaker REALTOR Helps

• Condo Market Expertise: Knows which complexes are solid investments

• HOA Guidance: Helps you understand fees, rules, and financials

• Financing Connections: Pairs you with lenders experienced in condo loans

• Negotiation Skills: Ensures you get the best deal and terms

Final Thoughts

Buying a condo in Nashville can be an amazing lifestyle choice — as long as you do your homework on the building, HOA, and location before signing the contract.

Call to Action

If you’re ready to buy a condo in Nashville, contact Nik Shewmaker REALTOR today. I’ll guide you through the process from first showing to closing day.