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30039 : Real Estate Advice

  • All26
  • Local Info7
  • Home Buying6
  • Home Selling0
  • Market Conditions0

Activity 68
Fri Apr 12, 2013
Rodney Mason answered:
For an FHA mortgage, most lenders require a 640+ credit score for the last 2-3 years now.

Prospect Mortgage is one of the few direct lenders to offer an FHA 580-639 FICO loan program. Credit profile is a major factor in a mortgage approval. Generally, there should be no late payments, new collections accounts/charge-offs/liens/judgments in the last 12 months. It is required that all open collection accounts must be paid in full if their cumulative balances exceed $1,000.

The 3.5% minimum down payment can be from the borrowers own funds or it can be gifted from a family member. Two months of reserves for the PITI (Principal + Interest + Taxes + Insurance) payment + HOA Dues will be required. This must be from the borrower’s own funds and not a gift.

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. 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
0 votes 10 answers Share Flag
Mon Mar 18, 2013
Vicky Taylor answered:
There are requirements that landlords prefer. They like to see previous good payment histories as well as stable employment. Preferrably at least one year of solid employement. There is also a criminal backround check that is run to show if there is any serious crimes commited by the perspective tenant. This can be an issue for the landlord if this reveals there has been a violation
When working with credit scores, it is preferred that there is no serious credit deliquencies the applicant has against their name. There are many folks today that have no choice to rent due to a past forclosure or short sale. I would love to talk to you further about your intererest in renting a home. Please call me to talk this over. 770-316-1605
... more
0 votes 2 answers Share Flag
Sat Feb 1, 2014
Netasha Brown-Leff answered:
Good Day Diana,

I live and work in the Snellville area. If I may help with anything please let me know!


Love to help,

Netasha Brown-Leff
770-572-7151
Georgia Custom Realty
0 votes 3 answers Share Flag
Sat Feb 23, 2013
Arvelyn Lewis answered:
Hi Nik,
feel free to call me at 404-399-1847. I would be happy to explain the current market for first time buyers and walk you through programs that might be of assistance.

Arvelyn Lewis
Associate Broker
Grace Realty Group
... more
0 votes 5 answers Share Flag
Sun Feb 3, 2013
Alex Rodriguez answered:
Vickmurck1, do you have an address? I assume you are referring to a particular property.
0 votes 14 answers Share Flag
Thu Jan 31, 2013
Cassandra Dymon answered:
Fri Mar 15, 2013
Dan Hannon answered:
Hi jaebri,

Contact me. I'll be happy to help you.

Dan Hannon
404-645-9863
0 votes 6 answers Share Flag
Fri Mar 15, 2013
Shanna Rogers answered:
Hi Latisha,

You should be able to if your credit is good and you have proof of income. Just show the prospective landlord your rental income receipts (proving you are receiving money from a renter).

Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
0 votes 3 answers Share Flag
Sun Dec 16, 2012
Michael Hammond answered:
Consider using the link below in web reference, Dudleyb, and see all of the area school results. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/
... more
0 votes 5 answers Share Flag
Sat Dec 8, 2012
Rodney Mason answered:
When you decide to purchase a home, the very first step in the process is to get Pre-Qualified. For this, you will need to gather your financial documentation including:

• Two most recent years to W-2’s and Federal Income Tax returns
• Two most recent pay stubs
• Two most recent months of bank statements

This will all be reviewed along with your credit report to determine your qualifications. Once you Pre-Qualification has been competed, you will know more about your purchasing options.

As one of the largest direct lenders in the country, Prospect Mortgage offers one of the largest selections of loan programs available. In addition to the standard conventional, FHA, VA, USDA, and Jumbo, we also offer a wide range on Renovation loan programs. Our Renovation programs include FHA 203K (Streamline & Consultant), HomePath Renovation, and HomeStyle Renovation. In addition, we also have an FHA 580-639 FICO program for borrower with previous credit issues.

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

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 3 answers Share Flag
Fri Nov 30, 2012
Laquita Baez answered:
Depending on income and a few other variables, you may qualify on your own s his credit is a bit low.
Important question, will you be transfering with your employment to GA?
In order to qualify for a loan in GA, i believe you will need to show a number of months of employment here unless transfering with your current employer or will be working in the same line of business.
I am not a mortgage lender, so you may want to contact a lender here in GA to see about your options.
I'd be more than happy to refer lenders to you.

Laquita Baez
Licensed Realtor in GA and NJ
Better Homes and Gardens Real Estate Metrobrokers
770.901.0956
findurhome@laquitabaez.com
www.LaquitaBaez.com
... more
0 votes 6 answers Share Flag
Mon Dec 3, 2012
Rodney Mason answered:
Real estate agents are not allowed to comment on a variety of topics. The Fair Housing Act restricts the information that can be provided by a real estate agent.

Off Limit Topics Include:
- Crime Statistic (including questions about whether a neighborhood is good or bad or safe)
- Demographics
- Environmental Concerns
- Household Income
- Religion
- Schools (including questions about how good or bad the school is)


Determining to the answers to questions on any of the topics listed above is something that you would need to do on your own. It is up to the individual to make their own determination about a specific area. If a real estate agent were to comment on such a thing, it could be steering which is a prohibited act.

Some websites to try include:
www.crimereports.com
www.familywatchdog.us/
www.neighborhoodscout.com
www.greatschools.org/
www.schoolmatters.com

Reasons Why A Real Estate Agent Cannot Comment
http://realestate.msn.com/article.aspx?cp-documentid=20748062
http://www.fairhousing.com/index.cfm?method=page.display&pageid=3657
http://realestate.aol.com/blog/2010/12/06/what-a-real-estate-agent-cant-tell-you

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 4 answers Share Flag
Fri Jan 11, 2013
Michael Hammond answered:
That's where we live, swarren2. When will you be looking to start a Lease and for how long? Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
... more
0 votes 4 answers Share Flag
Sat Jan 5, 2013
Michael Hammond answered:
Many good people live in that area, Pankaj, me being one of them. In my humble opinion, of course. Please use the link below in web reference to see what crime types, if any, are near that might affect you. Feel free to call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
... more
0 votes 4 answers Share Flag
Thu Jan 10, 2013
Veronika Barash answered:
Hi Willeonp,

I am not sure if common home search sites offer filtering listings based on the style... but MLS (agent's home search system) does.

Give me your price range and your email and I will be happy to send you all ranch style properties in Snellville & Loganville areas.

Cordially,

Veronika Barash, Realtor®,


CERTIFIED SKILLED NEGOTIATOR

REO & SHORT SALE CERTIFIED

CERTIFIED MARKETING SPECIALIST

RELOCATION SPECIALIST

www.AtlantaSelectHomes.com


678.230.4235 c

678.287.4800 o

404.410.6983 f
... more
0 votes 10 answers Share Flag
Mon Oct 15, 2012
Rick Payne As Seen o n Hgtv House Hunters answered:
Yes , this home is still available. Give me a call to setup an appointment to visit the home. You can find my contact information on my profile page on Trulia.

Have a Good Day,

Rick payne
Keller Williams Realty
... more
0 votes 2 answers Share Flag
Wed Sep 19, 2012
Lindaplante62 asked:
whats going on, I still am part of the association for surrey farms ,and its still actived with the sos, Not sure whats going on....
0 votes 0 Answers Share Flag
Tue Sep 18, 2012
Laquita Baez answered:
Hi Dr.patty8,
4067 Medlock has recently gone under contract.
Are there any other homes you found that may be interesting to you?
Would you like my assistance to find you a new home?


Laquita Baez
Licensed Realtor in GA and NJ
Better Homes and Gardens Real Estate Metrobrokers
770.901.0956
... more
0 votes 1 answer Share Flag
Thu Sep 13, 2012
Michael Hammond answered:
The property in Rutledge Estates at 4619 Joseph Eli Drive is no longer for sale, agood5364. There are over forty homes on our MLS that meet similiar criteria. If you would like for me to send you electronic flyers of these properties, please forward me your email address and I will get them over ASAP. If you'd like to see some tomorrow or this weekend, please call, text or email and I will arrange the showings. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/
... more
0 votes 2 answers Share Flag
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