Market Values are set by examining the sale prices of very similar homes as close to the home in question as possible, preferably in the same subdivision during the last 90 days. If this is not possible, then the comparable … Continue reading →

Why should anyone desiring to purchase real estate hire a REALTOR? A. Buyers need Exclusive representation for probably the biggest purchase of their life. This will only happen if a buyer enters into a contract with a REALTOR to represent … Continue reading →

 Good News! The Federal Housing Administration has extended its “anti flipping” rule. This simply means that buyers who want to use FHA insured home loans to purchase a home that has changed hands in the last 90 days can do so. … Continue reading →

Finally some good news; foreclosure notices in Metro-Atlanta are down to 109,548. Remember, foreclosure notices are just notices of intended foreclosure. Owners may repay their back payments, sell their homes or complete a workout agreement with their lender. In all … Continue reading →

Did you know the FHA has to approve  condo’s before an FHA loan can be allowed on a condo unit sale. Of course CASH in King and requires no loan. What does the Federal Housing Administration require to approve these … Continue reading →

Gwinnett County Published Foreclosure Notices  stood at 1116 this December. That count was the second largest in Metro Atlanta for a change from being # one in notices. Remember, notices do not automatically mean the home will go to foreclosure. In some instances, homeowners … Continue reading →

According to the AJC, foreclosure notices were up this November for our Metro Atlanta area, to include Gwinnett County. The total was 10, 654 notices for all counties. Gwinnett County had 2,099 notices . The total for 2011 so far is 102,094. … Continue reading →

1. What is a Short Sale? It is the sale of a home where the lender(s) holding the mortgage agrees to accept less than is owed on the mortgage as a payment in full from a new buyer not related … Continue reading →

According to the AJC and CoreLogic, 30% of all Georgia Home Owners are underwater on their home loans. Unfortunately, in the Metro Atlanta area the underwater home loans stand at 35% of all mortgages. Not a healthy situation when combined with … Continue reading →

Some time ago, I had to literally make a good client order a survey for a car wash he was purchasing.  With title insurance he felt he did not need a new survey. Again, I insisted and the client finally consented … Continue reading →