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Home Buying in Atlanta : Real Estate Advice

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  • Local Info353
  • Home Buying1K
  • Home Selling139
  • Market Conditions99

Activity 1,053
Tue Mar 19, 2013
Mack McCoy answered:
Applying for a visa is a separate activity from buying property in the US. You can buy property in the US without being a resident, and owning property in the US does not give you the right of residency.

Public schools are free.

For expert advice, find a Certified International Property Specialist Realtor® here:
http://www.realtor.com/realestateagents/Atlanta_GA#/designation-cips/pg-1

All the best,
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0 votes 2 answers Share Flag
Sat Mar 30, 2013
Michael Hammond answered:
There are over 190 home listed on the MLS, Allison, in metro Atlanta that meet your criteria. Now all we have to do is narrow down your description of a "most respected suburb" that would allow for traffic patterns locally. If you would like for me to send you electronic flyers of any or all of these properties, please forward me your email address and I will get them over ASAP. If you'd like to see some soon, please call, text or email and I will arrange the showings. Good Luck!

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/
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0 votes 39 answers Share Flag
Thu Apr 4, 2013
K.C. Jones answered:
60-90 days before you want to move is plenty of time, but you may want to apply now just to make sure you're on the right track. If you apply now we'll have plenty of time to work through any problems before you find your new home.

We finance FHA loans with only 3.5% down and FICO scores as low as 580.

You may apply online at www.rhlapps.com/kjones or give me a call.

K.C. Jones
RH Lending
214-432-0486
kjones@rhlending.com
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0 votes 14 answers Share Flag
Tue Mar 19, 2013
David Herren answered:
Amar,

You need to contact a geotechnical engineering firm. Google "geotechnical Engineering" or Look up one of these national firms: ECS Limited, PSI, or Mactec and call the nearest office. Explain what you need and ask what level of compaction they recommend and how they propose to do the testing.

Best,

Dave Herren
Best Atlanta Properties
404-425-4945
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0 votes 3 answers Share Flag
Wed Mar 13, 2013
Silas Frazier Jr answered:
Yes I can. If you are interested in being my client. I will look out for your best interest. Please contact me at Silas@SilasFrazierRealty.com
0 votes 13 answers Share Flag
Wed Mar 20, 2013
Hank Miller answered:
The frenzy is on right now - and I don't really understand it. I think there's a "investor" bubble; Atlanta is a different market and the ruin of many "investors" - especially distant ones. All of these homes will be dumped as soon as something better comes along....

I'd go very very easy with getting into this pool without someone you implicitly trust on the ground -

http://hankmillerteam.com/2013/02/11/investor-groups-hoarding-homes-under-150k-in-atlanta/
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0 votes 15 answers Share Flag
Fri Mar 22, 2013
Lee Taylor answered:
Atlanta should be famous for winning a Super Bowl but we ain't got dat dun yet...
0 votes 11 answers Share Flag
Tue Aug 6, 2013
Tyler Willis answered:
Hi Joc,

One good thing is that the condo is a two bed two bath. The next thing you want to make sure is that the building is FHA approved. In my experience if the complex is not FHA approved chances are slim that they will ever be. If it is not it will decrease your potential pool of buyers when you are looking to resell. I recommend speaking with your realtor regarding this.

If you need anymore advice or you are looking for a realtor to help I'd be happy to give you any advice needed.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
tylerwillisintown.kwrealty.com
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0 votes 4 answers Share Flag
Wed Feb 27, 2013
Bruce Ailion answered:
Twitty,

A credit union is an excellent source for a home loan. A little known fact is Georgia credit unions are exempt from paying the State intangibles tax of $3.00 per thousand, so on a $200,000 loan you will save $600. Best wishes on your home purchase.

Sincerely,


Bruce Ailion,
RE/MAX Greater Atlanta
An Atlanta Real Estate Expert Serving Clients Since 1979
RE/MAX Hall of Fame – REALTOR Phoenix Award
CRS, CRB, ABR, MSRE, CDPE, e-PRO, ESQ
Certified Residential Specialist
Certified Real Estate Broker
Accredited Buyers Agent
MS Real Estate and Urban Affairs
Certified Distressed Property Expert
Certified Internet Professional
203K Certified Specialist
Attorney
2050 Roswell Road
Marietta GA 30062
404-978-2281 Direct
404-386-3682 Assistant Robin
678-760-6266 Buyer’s Agent Adam
770-973-9700 Office
bruce@locationlocationlocation.com
www.LocationLocationLocation.com
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0 votes 13 answers Share Flag
Wed Feb 27, 2013
Lee Taylor answered:
I just wrote this email to my client, looking at a shadow inventory house in Underwood Hills - copy/paste:

"Nothing on record for lease or for sale in either MLS going back years. Someone held this for awhile.

So what are some of your thoughts on this shadow of shadows?

And, dude - a highway house?

What if the highway needed work?

What if debris flew into your yard?

What about the noise?

How long will it take to resell when you want to resell it? Well a good place to start is with this shadow of shadows of a property, and with a bank as the defaulted owner struggling with a house that is quite difficult to value unless you value it low low low...

I can not suggest paying more than $150000 for this house - you could lease this for $1500-1700, maybe, as long as it's in good shape..."
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0 votes 7 answers Share Flag
Tue Feb 26, 2013
Tim Moore answered:
NOPE. The bank is going to lose money because it is a short sale and they don't like that so they are in no big hurry to do so. A bank waiting an extra 3 weeks for a loan to go through is not even noticeable in a process that can take 4-5 months if it even happens at all. To the bank losing money it is all about how much they will lose, not the time to do it. ... more
0 votes 10 answers Share Flag
Wed Mar 6, 2013
Aleta C. Saunders answered:
There are many progressive throughout the metropolitan Atlanta area, Brookhaven, Vinings, Inman Park,etc. it depends on what kind of services you are looking for. I would love to assist you with search. You may contact me at

Aleta C. Saunders
PalmerHouse Properties
678-849-6920
Aleta.c.saunders@gmail.com

Look forward to welcoming you to Atlanta!
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0 votes 16 answers Share Flag
Sun Feb 24, 2013
Courtney Gore Smith answered:
because the lender if taking a shortage on what the seller actually owes it has to go through a chain of commands and investors to get the sales price approved (shortage)
0 votes 5 answers Share Flag
Tue May 17, 2016
Rodney Mason answered:
Hi Luis,
A lot loan would only be for a vacant lot. A property with a home already on it would not qualify as a lot loan. You are most likely looking at some type of a secured loan that is not realyl a mortgage. Be prepared to pay high interest rate if you are ablre to find someone even willing to lend.

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
0 votes 4 answers Share Flag
Sat Feb 23, 2013
Robert A Whitfield Broker answered:
I might be able to help you - depending on your expectations and goals.

Give me a shout.


Best,

Robert Whitfield
Broker/Owner
Professional Buyers Broker
New Home Construction Expert
ICC Code Certified Building Inspector
Advantage Realtors
678-585-9691
RobertWhitfield.com
TheHomeBuyersRep.com
Corporate Relocations | New Construction | Luxury & Investment Properties
... more
0 votes 6 answers Share Flag
Sat Feb 23, 2013
Michael Hammond answered:
What type investment property and what expected ROI are you seeking, Tarak? 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 10 answers Share Flag
Sat Feb 23, 2013
Giovanni Russo answered:
This is where I would go!

Let me know if you'd like an introduction.

http://www.emmettcarr.com/

Giovanni M. Russo

Real Estate Consultant |



www.TodaysAtlantaRealEstate.com
mobile 404.310.9661 | direct 404.604.3936 | fax 404.604.3937

Keller Williams Realty of Buckhead, 2345 Peachtree RD NE, STE A, Atlanta, GA 30305

Giovanni.Russo@kw.com
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0 votes 5 answers Share Flag
Sat Feb 16, 2013
Charles Rorive answered:
The best way to find jobs working on foreclosed properties is to:
1 - Make sure that you are licensed (contractor's license) and bonded.
2 - Start contacting the banks, real estate offices and others to provide them with your information.
3 - Market yourself.

Best of luck.
... more
0 votes 4 answers Share Flag
Sat Feb 16, 2013
SFultonRealtor answered:
Thu Mar 14, 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 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 17 answers Share Flag
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