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Suwanee : Real Estate Advice

  • All132
  • Local Info17
  • Home Buying29
  • Home Selling5
  • Market Conditions10

Activity 70
Mon Apr 24, 2017
Phil Rotondo answered:
Chaz;
Crop Line?
Ask your agent to contact who is listing the property and request clarification.
0 votes 7 answers Share Flag
Sat Jan 29, 2011
Scott Godzyk answered:
The answer is the clerk of courts in most cases. You will need to read your purchase agreement and any addendums for teh short sale. In most cases the broker can not release a deposit without signatures by the buyer and the seller (please check your state law to see if it differs) , without signatures or if one party objects, they can request the deposit be turned over to the clerk of courts for a hearing.

the first step is you should have signed and submitted a release of escrow to be released from the contract. If you had an agent he should have made sure the listing agent received it, if no response daily calls to te get a response.

At this point you should meet with an attorney to get some direction, you may want to file a complaint with the state real estate commission as well. this is not legal advice but an opinion. Only a local attorney can quote answers based on your state laws. Please see my blog for tips and advice on buying a short sale.
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0 votes 6 answers Share Flag
Fri Jun 20, 2014
Mark Lackey answered:
Old Republic is good.

Mark Lackey
Atlanta Housing Source at
Solid Source Realty, Inc.
Associate Broker
EcoBroker
Mark@AtlantaHousingSource.com
404-886-8789

Services
Home Buyers & Sellers - www.AtlantaHousingSource.com
Property Management – www.SolidSourcePM.com
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0 votes 9 answers Share Flag
Thu Jul 15, 2010
Gloria Swanson asked:
0 votes 0 Answers Share Flag
Sat Jul 24, 2010
Tina Hecht answered:
Overall according to MLS the average price of homes is down about 8% over the first quarter of last year.
It really depends on the particular neighborhood and school district you are looking in. For the most part home prices are back to 2002 pricing, however South Forsyth is a very sought after area. The schools are among the top schools in the state and it is a very desirable area to live and work in. Homes values are more stable in South Forsyth than in other parts of the metro area and even in Forsyth County. There are still plenty of deals popping up every day.

At the risk of being redundant the only market that really counts is the market on your street. So prices do vary from neighborhood to neighborhood.
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0 votes 2 answers Share Flag
Wed May 8, 2013
Carol Smith answered:
Hi,
The price range in that neighborhood in 2009 (no sales yet in 2010) was $325,00 - $502,000. Most recent sale was in Oct. 2009 - 5 bed/2.5 bath for $370,000. This information is from fmls data.

Carol Smith
770-778-8743
carolsmithrealtor@gmail.com
Keller Williams Realty Atlanta Partners
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0 votes 6 answers Share Flag
Mon Jun 18, 2012
Deryk Harper answered:
Hi Suwanee_Buyer,
We live and work here in Alpharetta and Suwanee is definitely in our market area. I have worked successfully with Buyer's in purchasing foreclosures, short sales and corporate listings. They are definitely three distinct types of sales and the process can vary significantly between the three. We currently have a short sale listing, a short sale offer in on a property for a Buyer and I am showing foreclosures to a Buyer client this afternoon in Cumming.
Corporate sales are probably the easiest of the three with foreclosures running a close 2nd as long as they are listed with a company that knows what they are doing. Short sales, on the other hand, can often be a huge pain and take much longer to get a response on offers than the other two. We have had offers get responses anywhere from 2 days, very rare, to 2 months. 30 to 45 days for responses and closing within 30 to 60 days after accepted contract is a good average on short sales with good lenders. It depends very much on whether there is more than one mortgage and who has the mortgages. Some banks are very quick to respond to short sale offer and some seem to take forever.
We have worked with some of the top foreclosure listing agents in this area such as Greg Kurzner, Barry Britt, Cindy Simpson and are very familiar with their procedures and know what to expect when bidding on their listings. With the right agent and listing you can get a great deal on a foreclosure and close it in 30 to 45 days.
We have also worked with most all of the larger corporate/relocation companies in buying and selling their listings. They each have a standard protocol and usually their own documents and amendments to add to the process. We know what to look for in those documents to make sure that we protect our Buyer's interests. I have had great luck in getting some really good sales prices on corporate contracts.
If you are interested in discussing this more we would love to hear from you. Give me a call at 770-722-6922 and I can get to know you and your needs, answer any questions and see if we might be a good fit for each other. You are also welcome to email me at info@keylocationsforyou.com if you prefer.
Regards,
Deryk Harper
Managing Broker
Key Locations Property Management LLC
Broker Associate
Keller Williams Realty North Atlanta
5780 Windward Parkway
Alpharetta, GA 30005
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0 votes 13 answers Share Flag
Fri Jan 29, 2010
Wilma Hine answered:
Hi Gwen,
There are 5 active listings in Suwanee Station with bedrooms on the main- one is a very soacious one with a 3rd stubbed bath and the possibility of a 3rd bedroom- let me know what you think- call or text @770-823-5989- thanks! ... more
0 votes 4 answers Share Flag
Mon Nov 9, 2009
Chuck Green answered:
Tracy,

Go talk with the neighbors in the subdivision to find out who they like, dislike and why....That should give you a good feel for what is available and if this subdivision is for you.

Chuck Green,Consultant
Keller Williams Realty
770-714-7077
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0 votes 3 answers Share Flag
Sat Jan 9, 2010
Jodi Smith answered:
Hi Robert, according to the tax records that are given from MLS, this home hasn't been taken over by the bank as of yet. It is still showing to be owned by an individual. Sometimes it can take a few months, if it doesn't sell on the courthouse steps, for the bank to assign an agent and to get it listed. How did you come to find out that this property was a bank owned property?

Jodi Smith
Atlanta Real Estate Agent
Keller Williams Realty Consultants – Roswell, Georgia
678-763-6025
jodismith@kw.com
Tweet Me: http://twitter.com/JodiRSmith
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0 votes 2 answers Share Flag
Sun Aug 15, 2010
Jerry Robertson answered:
Every lender has different rules they follow but there are guidelines we can use. I will base this on a price from 2005 or 2006 as a starting point.

If the market has dropped 20% from 2005 that would give you an approximate fair price for the market. This is driven by location and condition. The lender would order an Broker Price Opinion (BPO) to verify that number and typically would accept something in the range of 20% less than the current market (BPO) value. This is where the lender rules come in. Some can only accept an offer of 88% for a VA loan or 82% for an FHA loan. If it is a conventional loan then the rules are different and it could be less than that.

If you are offering less than 80% then they will likely reject it or hopefully counter offer something they will accept. If they are rejecting the offer without a counter then the price was just too low for them to accept and start negotiations. Everyone expects to end up in the middle between the asking price and the offering price. It doesn't always work that way but many times that is how we start out.

I have done several short sales successfully and it can be done. You have to realize there are lots of buyers out there looking for a deal and some are trying to steal but if you are willing to work on it you can get a good deal today. If I can help you please just email me back.

Hope this helps.

Jerry Robertson
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0 votes 6 answers Share Flag
Tue Aug 18, 2009
Carla Donaghy answered:
Hi Melissa,
You are looking at an absolutely great place to live. Johns Creek and the South Forsyth area are highly rated.
Some of the top communities to look at are: St. Marlo, Chattahoochee River Club, Laurel springs, Weston, Stoney Point, and Grand Cascades.
You are in luck as the new state of the art High school at Lambert High opens in the fall 2009. South Forsyth schools have always been highly rated, and Lambert proves to be nothing short of the best.
I work very extensivly in the Johns Creek area and would love to offer my services to you. Feel free to contact me at CarlaCaresRe@gmail.com if you have any questions or need a professional Realtor to assist you.
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0 votes 7 answers Share Flag
Fri Jan 29, 2010
Marge Bennett answered:
It all depends on the association. Some are monthly, some quarterly, a few yearly.
0 votes 6 answers Share Flag
Tue Jan 26, 2010
Julie Brittain answered:
Kristi - There are sooo many fantastic neighborhoods in Suwanee. What's your price range? I can send you a list.

Julie Brittain
JEZEBEL Magazine “Realtor of Distinction❠2006 & 2009
Top 5 Individual Residential Agent 2007 & 2008
#1 Team 2004 - 2005, #1 Individual Agent 2001 - 2003
www.TeamBrittain.com
Keller Williams Realty First Atlanta
Mobile: 404.966.3328
E-Fax: 404.601.6024
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0 votes 6 answers Share Flag
Tue Apr 28, 2009
Adriene Neal answered:
Depending on the bank's policies ... sometimes they counteroffer and sometimes they do not. If there are multiple offers on the property, most banks will put out a call for everyone's 'highest & best' offers. After the 'highest and best' call they may take one of those offers or counteroffer the best offer. It all depends on the bank's policies which some listing agents will share with you and others do not. ... more
0 votes 4 answers Share Flag
Tue Mar 24, 2009
Voices Member answered:
Takahito, Try this one and see if it helps a little.....http://www.bhgrealestate.com/Views/Look/Default.aspx

Good luck, Dunes
0 votes 4 answers Share Flag
Mon Mar 16, 2009
Dori Glawson answered:
Sharmeen -

If you will call me and give me the info, I will check on this for you.

Dori Glawson
RE/MAX Center
404-597-8497
0 votes 5 answers Share Flag
Fri Aug 7, 2009
Dori Glawson answered:
This property sold on December 31, 2008. I would be glad to assist you if there are other properties you are interested in seeing.
0 votes 4 answers Share Flag
Fri Jan 9, 2009
Joshua Jarvis answered:
B,

Collins Hill is relatively "Flat" right now. Projections are a possible 1% or so decrease later in the year depending on what happens in spring. If the increased sales pull the rest of the neighborhood through the year, you might even see a slight increase in overall prices. Collins Hill is a bit insulated from some of the overall market pressures and even more so from what may be the impending commercial slump. Add a new sold out stadium in the area and I think you've got a good area to consider.

You'll need to be more specific about your question if you want a more specific answer. Hope this helps!
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0 votes 3 answers Share Flag
Tue Mar 2, 2010
Tori Lawson, ABR answered:
Toni,
Hi again. I would never advise this, I would advise first of all a FULL time REALTOR, not a part timer. I would also recommend interviewing 3 agents to ensure you are going to 'click' with each other. I also would address their marketing plan on what they are going to do to sell your home.
I have a recommendation for you in your area, please contact me at your earliest opportunity.
Sincerely,
Tori Lawson
tlawson@prudentialgeorgia.com
... more
0 votes 13 answers Share Flag
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