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30340 : Real Estate Advice

  • All10
  • Local Info0
  • Home Buying5
  • Home Selling3
  • Market Conditions0

Activity 10
Thu Apr 20, 2017
Arpolan asked:
Sat Apr 16, 2016
Gary Field asked:
Please help. Gary Field, 3368 Regalwoods Drive, Atlanta, GA 30340. 912-631-6808. Thanks
0 votes 0 Answers Share Flag
Sat Jul 4, 2015
Vicnegrin asked:
I have squatters in my house. Since they won't pay rent (there's no lease) the house is in foreclosure and scheduled for auction. They are waiting to the very last day to leave.…
0 votes 0 Answers Share Flag
Tue Jul 22, 2014
Foxwood Apartments answered:
Hello, I am interested in both homes. Please email me as I am currently renting on the buford hwy area and am looking to buy a home. Thank you
0 votes 1 answer Share Flag
Mon Jan 27, 2014
Hank Miller answered:
A few obvious questions:

1. Why foreclosure if possible? They are sucker bets and most of them have been moved. I've been appraising for FNMA since the bust - simply put, many of these are disgusting. And this just in - paint and carpet isn't always the answer -

2. Actually 1A - you're not going to save a dime with a foreclosure - you will pay at or over market

3. Define success - what, where, how much, when......and most important - WHO. If you get a dud agent you will lose money.

Here's my tip - call Lee Taylor and put him to work for you. Lee is my go to in Atlanta and as miserable and pragmatic as I am that is saying a lot.
... more
0 votes 4 answers Share Flag
Wed Jan 23, 2013
Marc D'Angelo - Lender answered:
Unless you can have a family member cosign for you you will not be able to purchase before starting work. That was the bad news. The good news is that with the signed offer letter and 30 days worth of paystubs you would qualify for a mortgage as long as it was in the chosen degree field you went to UGA for. In addition if your starting salry is with in income limits we maybe able to provide you with down payment assistance up to $5000. ... more
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Wed Nov 14, 2012
Joel Madden answered:
With the foreclosed properties, the listing agent is at the mercy of the Asset Manager. What may typically take 3-5 days for an approval may end up taking 10 or more days on another deal. There are often other factors at play with the Seller, that the Buyer and their Agent are not aware. I recently had two deals on Fannie Mae foreclosures where my clients had accepted the Seller's counter. As with most foreclosures, the acceptance of a counter is basically a verbal acceptance. While we were waiting for the Seller to send their addendums, other offers came in and our verbally accepted counter offers were cancelled and we were put back in a multiple offer situation. It sucks when it happens to you or your client, but without a legally binding document there was nothing I could do.
I did want to touch on your concern about REOSouth. On occasion I do wonder if the listing agent is doing something shady that benefits them and hurts my chances at winning the bid on a property. Overall, I've found that pretty much all of the larger REO Brokers in the Atlanta market operate ethically. REOSouth is a mid size REO Broker closing between 250-350 homes per year. I worked for them as a Buyer's Agent for 4 years, just leaving last September. I can say with 100% certainty that there was nothing unethical taking place. The owners of the company, Kat and Gary Tice, go to great lengths to make sure that all offers are handled fairly.

Joel Madden | Associate Broker
404.353.4500 cell | 800.205.2001 efax

Rick Hale and Associates
Keller William Realty Atlanta Midtown
1420 Peachtree St NE, Suite 100
Atlanta GA 30309
... more
0 votes 6 answers Share Flag
Fri Nov 18, 2011
Sally English answered:
UPDATE: 30340 is still selling even though most of Atlanta (especially outside the perimeter) is slow. Just sold a really nice home at the $250.000 price mark. It is a good time to buy! SO if you are thinking of selling get a jump on the spring market and list now. ... more
0 votes 20 answers Share Flag
Mon May 24, 2010
Sally English answered:
This question is 18 months old. The market has definitely changed in that amount of time. I hope you took one of the offers back in May 2010 because the home is certainly at a lower value today than it was in May 2010. ... more
0 votes 25 answers Share Flag
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