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Home Buying in 30310 : Real Estate Advice

  • All38
  • Local Info2
  • Home Buying12
  • Home Selling5
  • Market Conditions2

Activity 10
Fri May 19, 2017
Ajtaylor55 asked:
in the south some older homes have exposed red earth with a strong gauge plastic cover to prevent moisture buildup. Concerned about this environmentally. BTW, house in 1920
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Fri Mar 24, 2017
amberabcg answered:
Fri Apr 1, 2016
Alan May answered:
Fri Oct 5, 2012
You really need to speak to your agent about all of your questions. Only they know the details of your individual transaciton. If they are the Listing Agent as well, they will know more about both sides of the transaction and not just the buyer's side.

The transaction cannot clsoe and fund until all monies owed have been paid
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Thu Jun 7, 2012
Teta L. Jackson answered:
First and most important question... Did you have a Realtor representing you? If so, they should have placed certain contingencies (financing, loan, due diligence) in your contract that would have protected your earnest money. Unfortunately, all contingencies have expiration dates. If you did not close by those dates, then the seller has the right to keep some or all of your earnest money. Your Realtor should be able to go over the contract with you and help you to understand what contingencies were in place, passed and current that could protect or cause you to forfeit earnest money. ... more
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Tue Dec 16, 2008
Greg H. answered:
This issue is becoming more common...Does anyone in the mortgage industry have an answer?

I have 6 mortgages in my personal name and want to buy more income producing property given the deals available. My thought was to start an LLC and buy properties through the LLC. But, I have heard recently that the LLC will not help me circumvent the 4 mortgage rule.

Does this mean I will have to use commerical loans in the LLC?
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Tue Dec 16, 2008
Bill Eckler answered:

The agent should not be holding escrow money and the agent's broker should be able to provide you with accurate information about your escrow refund. You might want to also consider contact a real estate attorney for their input.

Good luck
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Thu Nov 20, 2008
Lisa Allen, Buyers and Sellers answered:
Hi Eric,

Most foreclosure agents only work for the banks and usually tell you upfront to go out and get an experienced Buyer's Agent. Foreclosure Listing Agents are extremely busy with listings and they do not have much time for Buyer's. Hank is right, you want an agent to represent YOU and not the seller's interests. Get yourself an experienced agent that will stay on top of the listing agent. You deserve the best as buying a home is one of the largest investments you will make!!

Call me and I would be glad to counsel you on this process,

Lisa Allen, REALTOR
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Wed Sep 24, 2008
Joan Shorter answered:

What type of investment are you looking for? If you want to create a portfolio of rental property there is a wide array of areas that attract a strong rental market. Likewise, there are alternate areas with strong sales of renovation resales. The key in either is to know what type of property and finishes the market is looking for. Otherwise you can end up with an unmarketable property. ... more
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Fri Jul 18, 2008
Joan Shorter answered:
Hi Michelle!
There is so much to consider and I've noticed in addition to "the" list home-buyers have their decision is based on the feeling they get from the house and area. With all you are looking for, you may want to consider East Point and College Park. They both have MARTA stations that are just blocks from the historic neighborhoods, plus shops and restuarants. "Big Box" shopping can be done at the Camp Creek Marketplace which has Lowes, Publix. Old Navy, Barnes and Nobles, Target, etc.

I am quite familiar with Sylvan Hills and it has been "on the cusp" for years indeed. There is a small cool coffee shop and a strong neighborhood organization. However, there have been a number of foreclosures due to investors who do poor renovation jobs or just run off with the $ with no renovation. Unfortunately Atlanta has been blighted with this and that is one reason the lending market is where it is. But I digress. There does not seem to be any more crime in Sylvan Hills than there is anywhere else.

I think it will come down to you finding the home that tugs at your heart and suits your budget.
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