Thinking About Buying A Home in
Gwinnett & Metro Atlanta?
Hey there! Are you dreaming of owning your own place in Gwinnett or Metro Atlanta? Well, you're in for an exciting journey! Let's dive into why buying a home in these areas could be a great idea.
First things first: location matters! Gwinnett and Metro Atlanta offer diverse neighborhoods, from bustling city vibes to peaceful suburban retreats. Whether you prefer a quiet cul-de-sac or a lively downtown scene, you'll find your perfect spot here.
One of the coolest parts about buying a home in Gwinnett and Metro Atlanta is the variety of options available. From cozy condos to spacious single-family homes, there's something for every taste and budget. You can even choose between modern new constructions and charming historic properties.
Living in Gwinnett and Metro Atlanta means access to fantastic amenities. Imagine having top-notch schools, parks, shopping centers, and dining options right at your doorstep. Plus, with easy access to major highways and public transportation, getting around is a breeze.
Looking for career opportunities? You're in luck! Gwinnett and Metro Atlanta boast a thriving job market with diverse industries, including technology, healthcare, and entertainment. Whether you're starting your career or looking to climb the ladder, this area has plenty to offer.
Community is everything in Gwinnett and Metro Atlanta. Get ready to be part of a vibrant and welcoming neighborhood where neighbors become friends and there's always something fun happening, from block parties to farmers' markets.
Now, let's talk about the real estate market. Gwinnett and Metro Atlanta have seen steady growth, making it a prime time to buy. With historically low-interest rates and a variety of financing options, owning your dream home has never been more attainable.
So, if you're thinking about buying a home in Gwinnett or Metro Atlanta, you're making a smart choice! With its unbeatable location, diverse housing options, fantastic amenities, thriving job market, and strong sense of community, this area has it all. Get ready to embark on an exciting journey to homeownership!
Ready to take the next step? Reach out to a local real estate agent today to start your home-buying journey in Gwinnett and Metro Atlanta!
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10 Commandments Of Buying A Home
Save Yourself From Losing Your Dream Home
A short sale occurs when the lender agrees to take less than the full amount required to pay off existing loans in full because the outstanding loan balance is greater than the proceeds realized from the sale of the property.
This sounds simple enough and is the definition most agents will give you. The problem is in the details. The terms of the approval are almost always dictated by the lender. Most sellers and many agents assume any approval is a “good approval”, which is often not the case.
If you’re considering a real estate short sale there are things you need to know before speaking to your lender. Consulting with an M.A.R.S. compliant, licensed professional versed in short sales and the foreclosure process is a must.
Why Would My Lender Accept
Less Than Is Owed?
Knowing why and how much your lender does not want to foreclose on your home is crucial to the negotiating process. It’s oftentimes much more expensive for the lender to modify your loan than it is to simply foreclose on you and sell it, or accept a short offer and pay all the associated sales costs.
Of course, your lender would prefer that you stay in your home and continue making payments but selling it and getting the “bad asset” off their books is frequently their next favorite choice. Many lenders will negotiate short sale terms quite favorable to you, oftentimes allowing you to walk away for free and with zero delinquency judgments.
A successful no cost short sale with zero deficiency judgments looming in your future can be possible if you work with an expert team to get it done.
Will I Qualify For A Short Sale?
Has Your Home’s Market Value Dropped?
Whether you’re doing a loan modification or short sale, hard comparable sales will be used to substantiate that your property is worth less than the unpaid balance owed the lender. I provide a comprehensive property value report designed to determine your properties 30, 60 and 90-day sales price value – the same info your lender will want.
Is Your Mortgage Currently In Default or Are You Concerned That It Soon Will Be?
It used to be that lenders would not even consider a loan modification or short sale if your payments were current, but not anymore. Realizing that other factors contribute to a potential default, many lenders are eager to head off future problems at the pass.
Many lenders no longer require that you be late on your payments however you must be able to convince them with your hardship letter and financial records that you’re concerned about your ability to continue making payments.
Have You Fallen on Hard Times?
Have you experienced a job loss, cut back in work hours, divorce, death or any other challenge that is hampering your ability to make your monthly payments? You must be able to prove financial hardship. If you’ve answered yes to all of these questions, you’re probably an ideal candidate for a real estate short sale.
