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Home Buying in Lilburn : Real Estate Advice

  • All66
  • Local Info13
  • Home Buying18
  • Home Selling2
  • Market Conditions5

Activity 35
Thu Jul 20, 2017
Authenticrealtyatlanta answered:
If you want to own a home, you should build your credit. Even with a lease purchase, the home owner will want some indication that you are able to make the payments and honor the lease purchase agreement financially. I suggest meeting with a professional that can help you with a plan to build your credit. Best of luck in fulfilling your dreams! ... more
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Sun Aug 21, 2016
Harriett Pfaffman asked:
I am getting emails for homes in San Bernardino, CA. I live in Georgia and would like to not receive these notices. I would like to keep getting the ones I'm requesting for 30047.
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Wed Apr 13, 2016
Marecca Weathers asked:
School district. My son is autistic and changing him to a new school is not an option. I am wondering if I can qualify for a FHA loan? Can someone please help me? Thanks!
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Sat Apr 2, 2016
UKwildcats asked:
My wife and I are closing on a house April 22nd in Lilburn, GA. The house that we are under contract with is owned buy a corporation that bought the house a year ago and claims to know nothing…
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Fri Apr 1, 2016
Madhugreen answered:
My buyers agent responds within an hour and works for me literally 24x7. To draft up an offer he takes no more than 2-3 hours. Anything that takes more than 12-24 hours then you need to to find yourself another agent. ... more
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Thu Nov 5, 2015
Dan Tabit answered:
Jill,
You have two choices, price it low and sell as is or get some help and fix things up. My general formula for my buyers is that whatever I estimate the cost of doing the work is doubled, to offset the "hassle factor".
Selling as is will attract investors who are looking for bargains they can fix up and sell for a profit. If you have the funds or ability to get this done yourself, you can get the return.
Just remember whatever you do, it's for resale. Get some help with suggestions and direction on colors, changes etc. Sometimes what a home owner sees and wants to attack first isn't what the buyer will see first. My wife & I like to do pre-listing consultations as early in the process as possible. This way, we can help our seller's get the best return on their money for the least amount of work.
... more
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Fri Jul 10, 2015
thinz answered:
Happens many times during transition...found it helpful to have your closing attorney draft a per diem agreement with the owner's attorney (or owner directly if applicable)...Some owners may not like this because of mortgage commitments not happening as expected and the deal being delayed of falling through. I as the seller want to be 100% sure if the buyer if getting financing that it WILL happen and they are approved! Tom Hinz www.shortsaletosell.com ... more
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Fri Jul 10, 2015
thinz answered:
I've purchase several Homepath homes with tenants in place...and, prefer that!
There are lenders who reject shortsale offers that are now renting out foreclosed homes...and looking for buyers!
Tom Hinz www.shortsaletosell.com
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Fri Jul 10, 2015
thinz answered:
Generally, I would always modify an agreement to allow for the possibility of me finding a home on my own and not being obligated to the agent UNLESS there was some kind of direct or indirect relationship to my finding the home. For example, if the agent told me about a street that would be good to check out, and I found a home FSBO and bought it, I feel the agent would be due some kind of compensation. There are many "what if" examples, but common sense should take charge here...not greed. Tom Hinz www.shortsaletosell.com ... more
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Wed Apr 29, 2015
Vbhand1 answered:
I might have what you looking for-four sided brick custom built home, very close to Parkview high school. with finished basement with price to sell.
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Wed Apr 29, 2015
Vbhand1 asked:
Fri Sep 5, 2014
Cornelius Redding answered:
Hi

Let me introduce myself, I'm Cornelius Redding a license Realtor in Atlanta Ga under Better Homes and Gardens Metro Brokers Inc. Our goal is to help buyers/sellers successfully complete real estate transactions with Loyalty, Obedience, Confidentiality, Accounting, Full Disclosure and Reasonable Care.

Please contact me for your real estate concerns or questions.

Sincerely,

Cornelius Redding Realtor
Better Homes and Gardens Metro Brokers Inc.
5775 Glenridge Drive
Atlanta Ga 30328
404-551-7358 Cell Phone
888-316-3498 Fax
... more
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Mon Aug 25, 2014
Harry Patel answered:
You can always get the loan on 1 person's credit / income and put the deed in both of your names.
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Thu Jul 18, 2013
Josh Barnett answered:
Every home that can qualify for a VA loan will require 0% down payment.
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Thu Jul 11, 2013
answered:
FHA mortgages are the least restrictive for a previous bankruptcy. HUD requires that a minimum of 24 months must have elapsed from the DISCHARGE date of a Chapter 7 Bankruptcy before a borrower can be eligible for an FHA mortgage.

For a Chapter 13 Bankruptcy, then you must have made at least 12 on time payments. Additionally, you must also have permission to purchase from the Bankruptcy Court.

In the time since the Bankruptcy, there should be no new derogatory items such as late payments, collection accounts, liens, judgments, etc. Having late payments after a Bankruptcy is often viewed as a disregard for the importance of credit. It also reflects that you are still having financial struggles.

If a mortgage was included in the Bankruptcy, HUD requires that you must wait at least 36 months from the foreclosure date to be eligible for an FHA mortgage. Sometimes, the foreclosure happens well after the Discharge Date of the Bankruptcy. If the mortgage was not re-affirmed, there is not much that can be done until the property get foreclosed on.

Also, if the original mortgage was a government backed loan (i.e. FHA, VA, USDA), you must wait at least 36 months from the date that HUD paid the claim on the defaulted mortgage. This can sometimes be months after the original Foreclosure Date Until the 36 months on the claim has passed, you will not have a clean CAVIRS report which is required for an FHA mortgage.

Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options. Once you are ready to get Pre-Qualified for your purchase, you can submit your request online at www.rodneymason.com.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
... more
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Thu Jul 11, 2013
Kawain Payne answered:
You are speaking of a rent back. This is normally worked out during the sales process.


Best Regards,
Kawain Payne, Realtor
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Fri Jan 25, 2013
Sally English answered:
For any specific search: schools, zip codes, etc, agents can send you listings direct from MLS (FMLS and GAMLS in Georgia). They can also set up an alert that will send you new listings AS SOON AS THEY HIT THE MLS. You (along with a whole bunch of real estate agents) will get a first look at properties that come on the market in your target area. This is the way to go for serious buyers.

Also, you can refine this search by specifying a price range, bedrooms, basement etc. Pretty much any specific physical feature.

Good luck with your house hunting.
... more
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Fri Jul 27, 2012
Dominique Wilder answered:
If the person has good credit and is willing to pay more for a house than it's value they might be able to get an investor loan. The home would not be used as collateral so the value wouldn't be an issue. They would just pay off the mortgage and own the house free and clear. You are welcome to contact me anytime with any questions.

Dominique Wilder
Universal Acceptance
559-375-2512
... more
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Fri Jul 13, 2012
Chuck Green answered:
Absolutely Al....just go to chuckgreen.com and click" property search" upper right hand corner and then click" search for property in your area" to find homes with your specific requirements . If you need detailed info on homesor trends in the Parkview district call me as I have lived and sold homes in this area since 1984....would be happy to help you...

Chuck
770-714-7077
... more
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