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Home Buying in Union City : Real Estate Advice

  • All51
  • Local Info3
  • Home Buying12
  • Home Selling2
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Activity 13
Fri Nov 22, 2013
Jaemi Graham answered:
Hi Ibitoto. What is the address of the property you are interested in?
0 votes 1 answer Share Flag
Fri Mar 29, 2013
Chris Irvin answered:
I'm assuming you are talking about the "Atlanta Affordable Homeownership Program" I call it AAHOP. My bank offers this and several other down payment assistance programs for the Atlanta area. I'm very familiar with each of these programs and would glad to assist you with either information or your home purchase. Feel free to contact me to explore your options.

Sincerely,

Chris Irvin
Mortgage Banker
Brand Mortgage
NMLS# 75615/465546
678-251-7889
cirvin@brandmortgage.com
www.chrisirvin.com
... more
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Wed Jan 9, 2013
Littlewaltys answered:
Mr. Mason I really appreciate the time you took to give me a Fair and Honest answer. Your answer was detailed with vital information that I will glady use. Thanks Again
0 votes 4 answers Share Flag
Fri Dec 14, 2012
Rodney Mason answered:
If you had a Chapter 7 Bankruptcy that was only discharged one year ago, then you are not quite ready for a mortgage yet. 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.

Getting Pre-Qualified is the only way for you to find out your options. 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 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 Aug 9, 2012
Jerry answered:
Yes the properties in this area and much of Atlanta are providing excellent investment opportunities. This property was sold in 2010 for $158,940!! The properties here are modern and on a nice estate. ... more
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Mon Aug 6, 2012
Rodney Mason answered:
HomeSteps® just is a marketing campaign for its REO properties. Through HomeSteps®, properties are available for Freddie Mac First Look Initiative. A Home Warranty is typically an incentive to HomeSteps® home buyers. More information can be found at www.homesteps.com.

Unlike Fannie Mae’s HomePath®, HomeSteps is not an actual mortgage program. With a HomeSteps property, the buyer uses normal financing such as Conventional, VA, FHA, FHA 203K, etc.

To get Pre-Qualified to 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

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
0 votes 2 answers Share Flag
Sun Feb 27, 2011
Michael Hammond answered:
You are welcome. Generally, a subdivision is financed by one or more lenders, Swwepea. If one, or all, of those lots goes into foreclosure, the property(ies) will eventually be bought by someone else and then developed as the buyer/builder can forecast an ability to sell what is constructed. Trying to determine that time frame is dependent on too many market factors to guess here. Simply let me know if we may help with a rental agreement or anything else. ... more
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Thu Sep 30, 2010
Hank Miller answered:
Agree on all - but also remember that many communities in the area are in trouble - HOAs are feeling it in the form of missed payements and reduced ability to serve. Be very careful - very careful - in buying anything in partially built communities.

There are many homes '00+ in and around the area not in communities but then you have to address the different age/price issue.
... more
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Sun Aug 22, 2010
Kimberly Hollins answered:
Paula, Union City, Ga is located in the same county as Atlanta, Fulton County but it is located South of the City of Atlanta with a good commute to the city or to the Airport. Most of the cities in and around Atlanta will have a number of conveniences to shopping, schools and etc. To find more information contact me or visit my website and click Local Resources you can serach various cities and compare those things which are important to you. ... more
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Sat Jul 17, 2010
Solomon Greene answered:
Bebe22,

Please see the link below, paying special attention the programs on the left side to the screen that can be used with conventional, FHA and VA mortgages. You'll find several down payment assistance programs available for purchases of owner-occupied homes in South Fulton and all over the metro area.

In South Fulton, please review the

-- Federal Down Payment Assistance Program
-- Metro Atlanta Down Payment Assistance Program (GA Dream)

There's also a Fulton County NSP program available, but I'd prefer to discuss that one with you.

If you are NOT working with an agent, please call so that we can discuss the program that best fits your needs.

Thanks
Solomon Greene
REALTOR® / HUD-Certified Affordable Housing Counselor - Keller Williams Realty Atlanta Partners
(678) 775-2677
... more
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Thu Jul 15, 2010
Ken Cook answered:
Actually if you can provide acceptable evidence of your move up you may be able to qualify for an FHA loan anyway. There are caveats here that I would rather not train my competitors in through an open network but if you give me a call we can explore. We're not a bank and we're not a broker. We are a large, direct lender and my department specializes in Georgia FHA home loans.

Ken Cook
678-439-8683 cell
... more
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