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30294 : Real Estate Advice

  • All36
  • Local Info4
  • Home Buying14
  • Home Selling3
  • Market Conditions1

Activity 42
Thu Apr 18, 2013
Winsetta Montgomery answered:
Hello Ubobot, Ellenwood is really nice area. I live in Ellenwood with my family. I have several investors that purchase in this area. If you need more information please give me a call (678) 899-9364 Winsetta Montgomery ... more
0 votes 2 answers Share Flag
Wed Nov 6, 2013
Betty D. Scyphers answered:
Where, how much and what type house. Do you intend to occupy eventually or rent permanently? I will help you,good honest advice. Betty 770-928-7439.. I do not want to work with you if you aren't really interested and honest. I worked recently with a fellow from Columbia.. He wouldn't listen to the facts and wasted my time. There are not a lot of homes that are free...none that I actually know about. There is always someone willing to pay more. You just need a good agent that knows the area, customary way of doing business and great contacts, lenders, attorneys, contractors and good reasonable subcontractors to get the house ready if necessary.. ... more
0 votes 3 answers Share Flag
Thu Apr 4, 2013
Ava Anderson answered:
I think to get your best answer you should contact a lender so they can look at your situation completely. Let me know if you need a referral to a lender.

Ava Anderson
Solid Source Realty
770 369-5121
... more
0 votes 4 answers Share Flag
Sat Feb 23, 2013
Michael Hammond answered:
I would say it's about 40-45 miles,Tomeka Franklin, with a commute time of roughly 55 to 95 minutes depending on time of day, traffic and weather. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
... more
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Tue Feb 5, 2013
Rodney Mason answered:
That could prove to be quite difficult unless you find a HomePath property. Since this will be an Investment Property for you rather than a true Second Home/Vacation Home, the minimum down payment will be 20%.

The only exception to this 20% rule is if you purchase a HomePath property. Fannie Mae will allow their HomePath properties to be purchased with as little as 10% down for Investment Properties.

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

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at
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
0 votes 5 answers Share Flag
Fri Jan 11, 2013
Scott Godzyk answered:
This has been a continued problem for buyers and agents for years. It starts when they use too few agents to list too many homes and you lose that relationship between agent and asset manager that brings real world comments, pictures and expalantions of value. They take to long to answer, too long to sign and their pricing seems way off. Some homes sell way under what they should while homes that should be priiced for a quick cash sale are over priced or they try to fix them and ad to their. I would love the pooportunity to help them to make things right but they stick with teh agents who do not answer their phones, dont call back, dont answer questions and have no time to meet you at the property. When will they learn? ... more
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Thu Oct 25, 2012
Michael Hammond answered:
Locate a Property, write and Negotiate a Contract, put up some Earnest Money, Teresa. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
... more
0 votes 7 answers Share Flag
Sun Dec 30, 2012
Kaylane Peters-Davis answered:
Hello Charles I have great info on downpayment & closing cost assistance for a first time home buyers. Please let me know if I can assist you in anyway. Kaylane Peters. Keller Williams Realty Metro Atl. Licensed in Georgia & Louisiana. 504-373-9696 ... more
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Thu Aug 9, 2012
Judy Watkins answered:
The neighborhood is not only beautiful, but is well maintained by all residents and the many new amenities near by continue to add to the communities appeal.
0 votes 1 answer Share Flag
Fri Jun 22, 2012
Help asked:
Here is our situation. My husband has a home which my name has no connection to.The home is in his name. He filed bankruptcy (due to me having to come out of work due to me having twins...
0 votes 0 Answers Share Flag
Fri Jun 1, 2012
Stephanie M answered:
I've lived here 17 years "on the right side of the tracks" nearer to Lawrenceville Hwy. without incident and feel very safe
0 votes 1 answer Share Flag
Tue May 22, 2012
Ava Anderson answered:
Hi Jameson,

You may want to check for open houses in Ellenwood, GA this week and if I can be of assistance please feel free to give me a call.

Ava Anderson
Coldwell Banker RMR
Associate Broker
770 369-5121
... more
0 votes 1 answer Share Flag
Tue May 1, 2012
Ron Thomas answered:
The path to most SCAMS is sending money without seeing the property nor meeting the owner.
I would suggest making an appointment to see the home.
0 votes 3 answers Share Flag
Sun Mar 25, 2012
Stephanie Joyce answered:
"Park" could mean that the property is located near a public park, or there maybe a park like play area within the subdivision.

"Walking" can imply sidewalks or walking distance to shopping. A knowledgeable agent will be able to confirm based on the address.

Do not hesitate to forward any additional questions you may have.
... more
0 votes 1 answer Share Flag
Wed Dec 14, 2011
Ron Thomas answered:
If you have $3k to put into a lease option,
why don't you first try to buy using conventional financing:
L/O often have higher Sale Prices
L/O often have stiff terms.
There is no "Boilerplate" L/O contract.
You should talk to a good Mortgage Officer first.

Good luck and may God bless
... more
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Wed Aug 24, 2011
Monty0357 asked:
0 votes 0 Answers Share Flag
Sat Jun 25, 2011
Lee Taylor answered:
They choose based on highest and best offer criteria, which is subjective and conditioned by the personnel involved.

So what?

The key to this submarket as a purchaser is to see lots of properties and make lots of offers.

Are you a purchaser, Grandma?

It's not hard to find these properties, by the way. What are your reasons for saying that? That's preposterous, Grandma. I can take one research swat at Ellenwood/South Dekalb and probably find 50-75 Fannie Mae Homepath listings for properties....

Why are there so many multiple offers? Grandma, when only 38% of all properties are selling, and when over 50% of all sales activity in metro Atlanta is happening under $200,000 and when well over 50% of that sales activity is distressed sales activity, well multiple offers are a functional part of the game.

FNMA Homepath terms and conditions have made the playing field very level for first time, primary resident homebuyers. There are other organizations, like non-profits, churches, etc. who also get an advantage over investor buyers / all cash buyers / absentee owners, with these properties.

Truly, quite fair. Truly, highest and "best" offers win. Truly, with multiple offers, they can be "choosy..."
... more
0 votes 4 answers Share Flag
Mon Jun 25, 2012
Tricia Young answered:
Good Morning!

There are several areas in Georgia. Atlanta, Decatur, Gwinnett. If you haven't already, you can get the answer from the section 8 website.
0 votes 3 answers Share Flag
Fri May 10, 2013
Tim Moore answered:
Go in with eyes open and read up about the pitfalls of rent to buy. If you fail to buy it in the specified time you will loose that deposit and any option money paid each month that is added to the rent. You will have to qualify for a loan and you will have to get the home appraised and with property values not going up that could cause you to not get that loan which will prevent the purchase and forfeiture of the deposit. My suggestions is to save that money, rent until you can buy and then buy rather than try to do it with a rent to buy that grossly favors the seller/landlord over you. caveat emptor ... more
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Thu Oct 13, 2011
Travis Williams answered:
How is that I can serve you Retiree? Call me @ 404.422.8568 so that we can chat.
0 votes 4 answers Share Flag
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