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30314 : Real Estate Advice

  • All24
  • Local Info6
  • Home Buying9
  • Home Selling0
  • Market Conditions2

Activity 23
Mon Dec 26, 2016
Angela Kelley answered:
Mon Nov 7, 2016
Nlikens1411 asked:
I have been paying for more than 24 months consecutively. I'm disabled and will never be able to go back to work. (let lone pay off the arrears) But my support payment are modified…
0 votes 0 Answers Share Flag
Mon May 30, 2016
jennharris22 asked:
I'm considering buying in Westend. Would like to know if there are plans for further development. Also any contractors that can be recommended for renovation projects that work in that…
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Mon May 23, 2016
Solomon Greene answered:
Hello Simone,

There are programs available in Metro Atlanta that will help credit and income eligible first time buyers with their down payment and closing costs so that they can afford to buy with a contribution toward the purchase of AROUND $2000. Every borrower and situation is different, but I'd welcome the opportunity to speak with you about them. Please review some of the programs at the link below and then call me for more information.

Thanks
Solomon Greene
678-775-2677
... more
0 votes 1 answer Share Flag
Wed Sep 2, 2015
Lenahorn61 answered:
Sun Jan 11, 2015
Latesia Clayton answered:
I have a few rental homes available that will allow pets with a deposit. Contact me lcusher@kw.com
0 votes 1 answer Share Flag
Mon Feb 10, 2014
Donna Sutherlin answered:
Do you have a good reason for breaking your lease? Were you ill or something like that? If so, take your documents with you where you apply and explain why you had to break the lease.
0 votes 2 answers Share Flag
Mon May 13, 2013
shirleyhadrickloanfirm answered:
i want to direct you to (shirleyhadrickloanfirm@yahoo.com) she can solve all your problems
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Thu Jan 10, 2013
Sonja Tani answered:
Hi Kim,
I see you're from Illinois. Are you relocating to Atlanta? Rent to Own is probably the most risky way to buy a home and with a Short Sale involved, it's almost sure disaster. If you want this townhome, you need to buy it outright. For one thing, you can probably get it cheaper now than later. In a Rent to Own or a Lease Purchase you are guessing what the property will be worth somewhere a year or two down the line. In his market that is all but impossible..
The first hurdle would be to get the seller to agree on a price. The seller will have no incentive to sell it to you for what the Bank will accept for a Short Sale. That would leave him walking away empty handed. The second hurdle would be to get the Bank to agree. Most Banks are not going to look favorably on this kind of arrangement. Thirdly, if the seller defaults, you may lose everything you have in the property. In most cases a property is sold subject to a lease but I'm not sure that applies to a Short Sale or a foreclosure.
The safest way for you to acquire this property is to buy it outright using a Private Lender. They will require a larger down payment than a Conventional Mortgage Lender and their Interest rates are higher but, provided you have the income and the price of the property as Appraised is within range, your credit scores will not matter.
May I suggest that you contact a Lender that I have worked with in the past with great results. They are a licensed lender in the State of Georgia and have placed many Home Mortgages here. They will lend up to 12 years on a Residential Mortgage, giving you plenty of time to get your affairs in order and not have to deal with a Rent to Own. They will not include a pre-payment penalty clause in their agreement, allowing you to refinance at a more favorable rate as soon as you can quality. You can give them a call and clarify some of the issues and see if they can help you. Their contact information is:

The Westmoore Group, LLC
www.westmooregroup.com
Ph: (646) 801-6190
Fx: (646) 619-4291
The Westmoore Group, LLC is a licensed lender in the State of Georgia and operates under the license #30544.

Good Luck!
... more
0 votes 8 answers Share Flag
Fri Oct 26, 2012
Robert Tindall answered:
Yes, Expats CAN buy homes in Atlanta.
I can point you in the right direction. The procedure is pretty standard.
It's easy.

Thanks,

Robert Tindall
Realtor
Better Homes and Gardens Real Estate Metro Brokers
404-233-8308
www.AtlantaIntownRealty.com
... more
0 votes 8 answers Share Flag
Fri Oct 26, 2012
Robert Tindall answered:
Marcus,

They all three have massive potential. A number of factors to consider include:

1) condition of the subject property (How much $$ to fix up/ what repairs are needed?)
2) Layout of the house: is it good for renters??? (if you are renting)
3) condition and circumstances of the neighboring properties
4) vicinity to schools parks and grocery store, etc.
5) WHAT is your GUT feeling??

Thanks,

Robert Tindall
Realtor
Better Homes and Gardens Real Estate Metro Brokers
404-233-8308
www.AtlantaIntownRealty.com
... more
0 votes 7 answers Share Flag
Fri May 11, 2012
Adrian Provost answered:
I would suggest using Google or Bing to gather information about the 30314 zip code and specify which area of that zip code you are interested in. The zip code covers a large area and a solution to your inquiry would require additional details.

Best Regards,
Adrian Provost
1-888-901-8421
www.Search-Atlanta-Homes.com
... more
3 votes 3 answers Share Flag
Thu Mar 4, 2010
Mary answered:
How many units are there? I do not think you plan to move in there do you? If you are getting a good deal, I will make a deal with you to help with the transaction and handle and manage these properties. Let's talk email mahan3685@comcast.net ... more
0 votes 2 answers Share Flag
Tue Feb 2, 2010
Kitty answered:
Kitty, Just had my 3 bed, 2 bath appraised for much more than that. How close to MARTA are you? If you are within blocks you could possible get well maore than $150k on a 70 year old house. ... more
0 votes 7 answers Share Flag
Mon Dec 28, 2009
Hank Miller answered:
Well noted Silver - many many areas are like this now and I have to think that the indigenous population and unscrupulous contractors may have found each other.....I often wonder what happens to major end items like AC compressors, appliances, doors, fixtures......

Unless an investor is completely experienced in working this environment they will quickly become roadkill. That's spot on as well with the cops - they're already understaffed and overtaxed in many of these areas - investors are on their own.

Hank
... more
0 votes 5 answers Share Flag
Sat Aug 22, 2009
davidwbrower answered:
Just to reiterate... renting a short sale is a great deal for the defaulted borrower but not a good idea for the tenant. It's not going to work and it's only going to get you evicted by the lender when they foreclose on it soon. Don't fall for this idiotic scheme. I've closed short sales and renting to own a short sale is absolutely not an option. Period! If it's too good to be true, it is! Run fast!! ... more
1 vote 5 answers Share Flag
Tue Apr 28, 2009
Jeff Baillis answered:
Susan-

I responded to your e-mail last week, but haven't heard back. Just wanted to make sure you got it!

Jeff Baillis
0 votes 3 answers Share Flag
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