Changes Are Coming to FHA Loans

by debradavis on September 3, 2010

Changes Are Coming to FHA Loans

FHA will be changing up front and annual MIP costs for buyers making purchases after October 4, 2010.

FHA changeHUD has issued their mortgagee letter 2010-28 with information of importance to buyers, lenders and realtors that sell homes using FHA financing. There will be a decrease in the up-front mortgage insurance premium (MIP) to 1.%.

The new premiums for both the up-front and monthly charges will be effective to all FHA case number on or after October 4, 2010. It will apply to new purchases, full credit qualifying refinance and streamline refinance transactions.

Also increased are the monthy premiums. For loans greater than 15 year term, if the LTV is less than 95%, there will be a .85% increase in the monthly premium. For loans over 95% LTV, the increase will be .90%.

With loans that are less than or equal to 15 year term, and LTV is less than 90% there is no increase in monthly premium. With greater than 90% LTV there will be a .25% increase.

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Memory Keepers

by debradavis on September 3, 2010

Over the past month, I have been listening to people talk about downsizing and living the simple life. These same people are ones that have been in a great real estate market and have the finances to show for it. They can throw away and replace at their leisure.

Memory Keepers

I know staging is an important part of the selling process for a home. That becomes clearer when you enter the home of an elderly person that has their collections all over the house. It becomes a challenge to make the suggestions necessary to help them sell their home faster. So how do you do it? Very tactfully.

You should also know that you will not be able to dispose of anything without them knowing of it. Each piece has a special meaning and even though it is stuffed in a back closet, they will one day want to see  their possession again.

I have not watched the tv program “hoarders” but I have seen the commercials. This is an entirely different problem that involves filth. No one should be subjected to filth.

But there is another group of people that enjoy keeping special parts of their life. They might come from a family that only had money to buy the item once, so they cherished what they had. And they keep track of it, in their own way.

You see, I am one of those people.I am a Memory Keeper. I once had a metal cup that was part of my tea set when I was very little. I only had one cup left and used it in my canister of coffee. Each time I made a cup of coffee, I saw that cup. It meant nothing to anyone but me. And then it disappeared. My husband doesn’t know what happened to it but it is gone. He had put another cup in the canister, but I missed that one. Small thing, big impact.

Remember this when you go into the homes you feel are too cramped with “junk”. It might be junk to you, but it is a memory to them. Be compassionate and help them with a guiding and loving hand.

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Virginia Highland 30306

by admin on August 21, 2010

Virginia Highland 30306

This is a very desirable area of Atlanta with homes in all price ranges. If you would like to see any of these lovely homes, please give me a call at 404-234-4618.

Showing properties 1 - 30 of 167. See more Virginia Highland 30306.
(all data current as of 9/3/2010)

  1. 2 beds, 2 full baths
    Size: 1,246 sq ft
    Lot size: n/a
    Year built: 1930
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  2. 3 beds, 3 full baths
    Size: 2,391 sq ft
    Lot size: 7,250 sq ft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
    Broker reciprocity icon
  3. 2 beds, 1 full bath
    Size: 1,102 sq ft
    Lot size: 5,501 sq ft
    Year built: 1940
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  4. 3 beds, 3 full, 1 part baths
    Size: 2,476 sq ft
    Lot size: 3,484 sq ft
    Year built: 1998
    Parking spots: 2
    Days on market: 1
    Broker reciprocity icon
  5. 3 beds, 1 full bath
    Size: 1,656 sq ft
    Lot size: n/a
    Year built: 1925
    Parking spots: 1
    Days on market: 6
    Broker reciprocity icon
  6. 4 beds, 2 full baths
    Size: 2,088 sq ft
    Lot size: 11,552 sq ft
    Year built: 1914
    Parking spots: n/a
    Days on market: 6
    Broker reciprocity icon
  7. 3 beds, 3 full baths
    Size: 2,308 sq ft
    Lot size: 19,998 sq ft
    Year built: 1954
    Parking spots: 2
    Days on market: 6
    Broker reciprocity icon
  8. 4 beds, 3 full, 1 part baths
    Size: 2,862 sq ft
    Lot size: 13,939 sq ft
    Year built: 2003
    Parking spots: 2
    Days on market: 6
    Broker reciprocity icon
  9. 3 beds, 2 full, 1 part baths
    Size: n/a
    Lot size: 2,613 sq ft
    Year built: 2000
    Parking spots: 2
    Days on market: 6
    Broker reciprocity icon
  10. 4 beds, 2 full baths
    Size: 2,561 sq ft
    Lot size: n/a
    Year built: 1930
    Parking spots: 3
    Days on market: 6
    Broker reciprocity icon
  11. 3 beds, 2 full baths
    Size: 1,419 sq ft
    Lot size: 10,890 sq ft
    Year built: 1930
    Parking spots: 1
    Days on market: 7
    Broker reciprocity icon
  12. 3 beds, 2 full baths
    Size: 2,529 sq ft
    Lot size: 7,500 sq ft
    Year built: 1920
    Parking spots: n/a
    Days on market: 7
    Broker reciprocity icon
  13. 3 beds, 1 full bath
    Size: n/a
    Lot size: 7,500 sq ft
    Year built: 1924
    Parking spots: 1
    Days on market: 7
    Broker reciprocity icon
  14. 5 beds, 2 full, 1 part baths
    Size: n/a
    Lot size: 16,652 sq ft
    Year built: 1988
    Parking spots: 2
    Days on market: 7
    Broker reciprocity icon
  15. 4 beds, 3 full, 1 part baths
    Size: 3,218 sq ft
    Lot size: n/a
    Year built: 1988
    Parking spots: 2
    Days on market: 7
    Broker reciprocity icon
  16. 4 beds, 4 full, 1 part baths
    Size: 2,627 sq ft
    Lot size: 8,028 sq ft
    Year built: 1930
    Parking spots: 1
    Days on market: 7
    Broker reciprocity icon
  17. 2 beds, 2 full baths
    Size: 1,280 sq ft
    Lot size: 7,949 sq ft
    Year built: 1925
    Parking spots: 1
    Days on market: 7
    Broker reciprocity icon
  18. 6 beds, 5 full, 2 part baths
    Size: 4,448 sq ft
    Lot size: 10,001 sq ft
    Year built: 1920
    Parking spots: 2
    Days on market: 16
    Broker reciprocity icon
  19. 5 beds, 3 full, 1 part baths
    Size: 3,782 sq ft
    Lot size: 9,000 sq ft
    Year built: 2007
    Parking spots: 2
    Days on market: 16
    Broker reciprocity icon
  20. 3 beds, 2 full baths
    Size: 1,530 sq ft
    Lot size: 10,554 sq ft
    Year built: 1925
    Parking spots: 1
    Days on market: 17
    Broker reciprocity icon
  21. 5 beds, 3 full, 1 part baths
    Size: 3,800 sq ft
    Lot size: n/a
    Year built: 1915
    Parking spots: n/a
    Days on market: 20
    Broker reciprocity icon
  22. 3 beds, 2 full baths
    Size: 1,971 sq ft
    Lot size: 8,001 sq ft
    Year built: 1930
    Parking spots: 2
    Days on market: 21
    Broker reciprocity icon
  23. 3 beds, 2 full baths
    Size: 1,765 sq ft
    Lot size: 11,251 sq ft
    Year built: 1933
    Parking spots: 1
    Days on market: 21
    Broker reciprocity icon
  24. 3 beds, 2 full baths
    Size: n/a
    Lot size: 1,584.00 ac
    Year built: 1942
    Parking spots: 1
    Days on market: 22
    Broker reciprocity icon
  25. 3 beds, 2 full, 1 part baths
    Size: 1,484 sq ft
    Lot size: 2,200 sq ft
    Year built: 1990
    Parking spots: 1
    Days on market: 23
    Broker reciprocity icon
  26. 3 beds, 1 full, 1 part baths
    Size: n/a
    Lot size: 11,817 sq ft
    Year built: 1950
    Parking spots: 1
    Days on market: 23
    Broker reciprocity icon
  27. 3 beds, 2 full, 1 part baths
    Size: n/a
    Lot size: 18,315 sq ft
    Year built: 1940
    Parking spots: n/a
    Days on market: 24
    Broker reciprocity icon
  28. 3 beds, 1 full bath
    Size: 1,552 sq ft
    Lot size: 10,301 sq ft
    Year built: 1920
    Parking spots: 2
    Days on market: 24
    Broker reciprocity icon
  29. 3 beds, 2 full baths
    Size: n/a
    Lot size: n/a
    Year built: 1928
    Parking spots: n/a
    Days on market: 25
    Broker reciprocity icon
  30. 3 beds, 2 full baths
    Size: 2,353 sq ft
    Lot size: 11,325 sq ft
    Year built: 1930
    Parking spots: 2
    Days on market: 25
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Homes Under $30,000 In Atlanta, GA

by debradavis on August 16, 2010

Homes Under $30,000 In Atlanta, GA

I have been amazed when a client calls me and requests a home under $30,000. Most people would just say, they aren’t out there, but we actually have quite a few homes in the metro Atlanta area under $30,000. Most need work, of course, but surprisingly, some are in pretty good shape. I have selected some to show you.  If you are interested in home or an investment property, please let me know.

Showing properties 1 - 25 of 382. See more city of Atlanta real estate.
(all data current as of 9/3/2010)

  1. 3 beds, 2 full, 1 part baths
    Size: n/a
    Lot size: n/a
    Year built: 2009
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  2. 4 beds, 3 full baths
    Size: 1,400 sq ft
    Lot size: 8,250 sq ft
    Year built: 2004
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  3. 3 beds, 1 full bath
    Size: 936 sq ft
    Lot size: 18,700 sq ft
    Year built: 1950
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  4. 3 beds, 1 full bath
    Size: 1,816 sq ft
    Lot size: 1.60 ac
    Year built: 1932
    Parking spots: 1
    Days on market: 1
    Broker reciprocity icon
  5. 3 beds, 1 full bath
    Size: n/a
    Lot size: 10,890 sq ft
    Year built: 1935
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  6. 2 beds, 1 full bath
    Size: 884 sq ft
    Lot size: n/a
    Year built: 1944
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  7. 3 beds, 1 full bath
    Size: 1,016 sq ft
    Lot size: 4,356 sq ft
    Year built: 1930
    Parking spots: 1
    Days on market: 1
    Broker reciprocity icon
  8. 4 beds, 3 full baths
    Size: n/a
    Lot size: 8,833 sq ft
    Year built: 1985
    Parking spots: 1
    Days on market: 1
    Broker reciprocity icon
  9. 3 beds, 2 full baths
    Size: 1,035 sq ft
    Lot size: 8,250 sq ft
    Year built: 1920
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  10. 2 beds, 2 full baths
    Size: 1,148 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  11. 2 beds, 1 full bath
    Size: 928 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  12. 3 beds, 1 full bath
    Size: 1,453 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  13. 3 beds, 2 full baths
    Size: 1,075 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  14. 2 beds, 1 full bath
    Size: 975 sq ft
    Lot size: 8,380 sq ft
    Year built: 1954
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  15. 3 beds, 1 full bath
    Size: 1,980 sq ft
    Lot size: 43,560 sq ft
    Year built: 1940
    Parking spots: n/a
    Days on market: 1
    Broker reciprocity icon
  16. 3 beds, 1 full bath
    Size: 985 sq ft
    Lot size: n/a
    Year built: 1945
    Parking spots: 1
    Days on market: 3
    Broker reciprocity icon
  17. 3 beds, 1 full bath
    Size: 1,158 sq ft
    Lot size: 10,846 sq ft
    Year built: 1955
    Parking spots: 1
    Days on market: 3
    Broker reciprocity icon
  18. 3 beds, 1 full, 1 part baths
    Size: 1,282 sq ft
    Lot size: n/a
    Year built: 1940
    Parking spots: n/a
    Days on market: 3
    Broker reciprocity icon
  19. 4 beds, 2 full baths
    Size: 1,600 sq ft
    Lot size: n/a
    Year built: 1928
    Parking spots: n/a
    Days on market: 3
    Broker reciprocity icon
  20. 3 beds, 1 full bath
    Size: 1,250 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: n/a
    Days on market: 4
    Broker reciprocity icon
  21. 4 beds, 1 full bath
    Size: 1,262 sq ft
    Lot size: n/a
    Year built: 1920
    Parking spots: 1
    Days on market: 4
    Broker reciprocity icon
  22. 3 beds, 2 full baths
    Size: 1,275 sq ft
    Lot size: n/a
    Year built: 2005
    Parking spots: 1
    Days on market: 4
    Broker reciprocity icon
  23. 3 beds, 2 full baths
    Size: 988 sq ft
    Lot size: 4,329 sq ft
    Year built: 1940
    Parking spots: 1
    Days on market: 4
    Broker reciprocity icon
  24. 3 beds, 2 full baths
    Size: 1,094 sq ft
    Lot size: 5,662 sq ft
    Year built: 1920
    Parking spots: n/a
    Days on market: 4
    Broker reciprocity icon
  25. 3 beds, 2 full baths
    Size: 1,280 sq ft
    Lot size: n/a
    Year built: 1950
    Parking spots: n/a
    Days on market: 6
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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3 Bedroom 2 Bath Home – Masonwood, Snellville, GA

August 15, 2010

3 Bedroom 2 Bath Home – Masonwood, Snellville, GA This lovely home is in great condition and ready to move in. Good location and close to everything.

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Atlanta Real Estate Market

August 14, 2010

There are many opportunities for the buyer with Atlanta GA real estate for sale. With the interest rates at an all time low and inventory at an all time high, more people should be getting off the fence and pursuing real estate in Atlanta. When we talk about the Atlanta market, we are talking about [...]

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10 Things Not To Do When Buying Your Atlanta Home

August 2, 2010

Part 2 6.  Don’t Allow Emotions to Take Over-Remember that there are no perfect homes, but there will be a home that is perfect for you. You might have to do some repairs or make a few changes, and sometimes it is worth making the changes if the seller will not. There are other times [...]

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Statistics for 30039 Snellville, GA.

August 1, 2010

  The past six months has seen the days on market increase to a peak of 300 days in April while rapidly declining days on market to the current 180 days. Looks good for homeowners that are paying attention to the price they are selling their homes for. Prices have steadily decreased  with a slight [...]

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10 Things Not To Do When Buying Your Atlanta Home

August 1, 2010

It’s Not Yours Until the Paperwork is Signed and Complete Part 1 You’ve been pre-approved, your offer has been accepted, the house is under contract and you have a closing date. Is the home yours yet? No, and it won’t be until the paperwork is signed and you’re given the keys. Lots of things can [...]

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Metro Atlanta Activity

July 31, 2010

Metro Atlanta prices reached a low in March 2010 and have been steadily increasing since then. Along with interest rates at their lowest, this is still a great time to buy in the Atlanta area.

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