Kathie Newton

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  • Real Estate Pro
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  • Agent
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  • Prudential Georgia Realty
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  • (404) 433-0996
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Kathie Newton, Real Estate Professional in Cobb, Cherokee, & North Fulton
  • 6 Answers
  • 2 Useful Answers
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About Me
I am a full service realtor, providing service to both buyers (as an Accredited Buyers Representative) and to sellers (as a Certified Marketing Specialist). I have seven years of experience as an agent. In addition to that, I have 20 years experience as an investor and manager of rental properties.
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Kathie Newton's Questions (0)
Kathie Newton's Answers (6)
Christine Be…, Other/Just Looking in Texas

Using an LLC to purchase rental property

Asked Mon Mar 17 2008, 21:28 by Christine Be…  -  Home Buying in 78209  -  10 answers
Kathie Newton answered:
In Georgia, you purchase the property under your name, and then move it to the LLC for protection of your other property and finances. Many people have an LLC for each house. The cost is as little as $395 to create. Interesting to note, you have to move it back to your name to sell or refinance. - Wed Apr 2 2008, 06:43
Kitty Ramos, Real Estate Pro in puerto rico

what form do i use to establish that although not a buyers agent, I am bringing a qualified buyer and want to?

Asked Tue Apr 1 2008, 20:31 by Kitty Ramos  -  Agent2Agent  -  4 answers
Kathie Newton answered:
In Georgia, If you are the procuring cause of the sale you are intitled to commission regardless of your relationship to the buyer. You could be the buyer's agent with a client relationship, you could be just assisting a buyer who chose not to be represented (a customer relationship), or you could be the listing agent (customer or dual agency). You would prove procuring cause best by the buyer signing a form establishing which relationship you have. If your state does not have those forms, you could contact a real estate attorney to draw one up for you. Include it with the offer for sale. - Wed Apr 2 2008, 06:30
Christelle, Home Buyer in San Diego, CA

What is the process with a short sale after the sellers accept the offer in CA?We recently put an offer

Asked Sun Mar 30 2008, 14:39 by Christelle  -  Home Buying in San Diego  -  13 answers
Kathie Newton answered:
A short sale is done in a pre-foreclosure situation. It is to the advantage of the seller, because it is less of a ding on the credit report. In our area (Georgia) Most sellers are very cooperative, and tenants can usually be encouraged to begin looking for another home, and appreciate being told of the impending foreclosure.
After you make any offer is must be approved by the asset manager for the lender. Asset managers are handling many houses and do not work on the time table that is normal in negotiation. They may accept , negotiate, or refuse any offers. You must have a lot of patience, and some luck. - Wed Apr 2 2008, 06:17
Cristina, Both Buyer and Seller in Massachusetts

We are looking into buying a new house which entails selling the old one. Do we need to work with two?

Asked Wed Apr 2 2008, 05:50 by Cristina  -  Home Buying  -  2 answers
Kathie Newton answered:
You do not need to work with two agents. In fact you often receive a discount on your commissions by working with the same agent for both houses.
It is tricky timing to sell just at the right time. One option is to purchase your new home with a contingency in the contract for the sale of the current house. But in this market, many sellers will not wait indefinitely. It is good to have a plan for what you will do if there is a gap. You can also get a bridge loan from the equity in your house to assist. Sometimes short term housing arrangements will work as well. - Wed Apr 2 2008, 06:05
Shiloh Morgan, Home Seller in Powder Springs, GA

Are there still programs for borrowers with credit scores of 630-650 for financing in Georgia, and how far do?

Asked Wed Mar 26 2008, 16:49 by Shiloh Morgan  -  Financing in 30141  -  3 answers
Kathie Newton answered:
Not only are there still programs for this credit score range, but if you are a first time buyer, many counties have assistence prograns for downpayment and closing cost. I am a specialist with first time buyers, and would be glad to help.
The services of a buyer's agent does not cost you anything, since we are paid from the seller's contracted commission to the listing agent. You have the right, in Georgia, to be represented by your own agent.
I am an Accredited Buyer's Representative (ABR), and would be glad to assist you.
Kathie Newton
Prudential Georgia Realty
404-433-0996 - Wed Mar 26 2008, 19:01
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My Listings
3443 Timber Lake Ct NW, Kennesaw, GA 30144 3443 Timber…
$219,900
5 br  3 ba  
134 Joshua Ln, Dallas, GA 30132 134 Joshua…
$152,676
3 br  2.0 ba  
1767 Arkose Drive SE, Atlanta, GA 30316 1767 Arkose…
$32,900
4 br  1½ ba Listing Web Site
135 Long Drive SW, Marietta, GA 30060 135 Long Dr…
$99,900
3 br  1.0 ba Listing Web Site
170 Rockin Hill Drive SW, Marietta, GA 30060 170 Rockin…
$94,900
3 br  1.0 ba Listing Web Site
View all 6 listings
Specialties
I have experience in investment in Single Family Homesand First time Buyers
Experience
Latest:
Property Manager for Horizon Properties
Managing rental and investment properties
October 1986—present
Certifications & Awards
ABR- Accredited Buyer's Representative
CMS- Certified Marketing Specialist
CSN- Certified Skilled Negotiator
CRS-Corporate Relocation Specialist
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