Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Commerce : Real Estate Advice

  • All21
  • Local Info1
  • Home Buying2
  • Home Selling1
  • Market Conditions1

Activity 12
Sun Apr 19, 2015
Able Tapping asked:
how to I edit my home facts. This website will not send a confirmation to my email address although I have tried many times.
0 votes 0 Answers Share Flag
Wed Jan 9, 2013
Jegibson answered:
Does 1211 Porter Road, Commerce, Ga. have fire hydrants within 1000 ft and a fire
dept. within 5 miles ?
Does anyone know the Protection Class ?
0 votes 1 answer Share Flag
Fri Oct 19, 2012
Alison Hillman answered:
Hi Penny Nunn,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Ali, Trulia Voices Community Manager
... more
0 votes 1 answer Share Flag
Thu Jul 29, 2010
Sharon Smith answered:
0 votes 3 answers Share Flag
Fri Jul 16, 2010
Donna Fee answered:
The value of your home is basically what an able buyer is able to pay for it and what you are willing to sell it for. Foreclosures and short sales are considered distressed sales and are not market value. You should be able to go to your county's tax assessor's and look up your address. From there, search the the plat and see the areas around your home. The most recent sales will show up on the map. Make sure you compare apples to apples. If your home has a basement and the one that sold recently does not, then yours will be worth more. Feel free to e-mail and I'm happy to help. I'm in the Athens area. ... more
0 votes 5 answers Share Flag
Mon May 4, 2009
Carisa Migliore answered:
You can refinance the property as long as you don't have more than 4 mortgages. They will count the rental income as passive income, usually about 75%. You must have owned the home for 6 months and they will usually limit the refinance to 75%. Let me know if you have any further questions.

Carisa Migliore
Realtor/Associate Broker
... more
0 votes 2 answers Share Flag
Mon May 4, 2009
Carisa Migliore answered:
Banks are tightening down on all loans especially investment loans. You can refinance the loan, but the bank will want to insure that you have owned the home for at least 6 months and will only want to lend about 75%. Right now, investors are limited to 4 mortgages per person where it used to be ten. This is in the process of being reversed. Let me know if you have anymore questions.

Carisa Migliore, Reator
... more
0 votes 1 answer Share Flag
Tue Apr 28, 2009
Bryan answered:
It might interest you to know that there are MANY similar grants out there, not just the GA Dream one. Ask your agent about them and your lender, as well. If your lender isn't set up for that, then look around, you will need one that is, if you want the process to go smoothly. ... more
0 votes 2 answers Share Flag
Sat Apr 25, 2009
James Wheeler answered:
If your figures are right, then it shouldn't have any impact on your ability to sell the house. If you take out a HELOC for $55,000 and draw down the full amount, and the home is worth $125,000, then you would still have plenty of equity to cover your realtor commissions and other expenses associated with the sale. You would not be in a situation where you need your lender's permission for a short payoff in order to sell the home, so the HELOC shouldn't have any impact. Again, that's *if* your figures are correct.

A caveat for you: Equity lines are usually marketed as having little or no closing costs. But as we all know, there's no free lunch, right? If you read the fine print, you'll generally find that you're on the hook for some or all of those closing costs in the form of a penalty (perhaps called an "early closure fee") if you close your line of credit prematurely. For most homeowners, this is an insignificant risk. But if you're trying to sell your house soon, it could make the true cost of this interim financing quite high. Depending on your time horizon, you might be better off selling the house and using the proceeds from the sale to pay off your other debts, rather than taking out a HELOC.
... more
0 votes 2 answers Share Flag
Fri Jun 22, 2007
Vicki Maselli-Shoop answered:
Hi Miller,

I just checked Georgia MLS and as of this morning, only one listing appears in/near Athens under $30,000. It's a new listing described as a 3 bedroom, 1 bath HUD home "fixer-upper" priced at $27,000.

Feel free to call or email me should you like more information. We also offer free automated email search tools from our website. If you're interested, check them out at

Warm regards,

Ted Shoop - ABR, e-PRO, Realtor
Keller Williams Realty Atlanta Partners

"Home of the FREE moving truck"
... more
0 votes 2 answers Share Flag
Search Advice
Commerce Zip Codes