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Alpharetta, GA

Car Have Dings? Custom Auto Reconditioning! Alpharetta Local Business

Jim Crawford ~ Atlanta Real Estate-ABR E-PRO: Real Estate Agent in Atlanta, GA

Supporting other small business persons and friends like ourselves is a smart way to begin healing our local communitis. We feel Realtors can be at the center of the fix in he economy because we come in contact with so many individuals. We're calling this Blog Type "A Shout Out!" So this is the second of a few Local Blogs "Shout Outs" The Blog was written by my wife Ellen!

By Ellen Crawford

Custom Auto Reconditioning C.A.R. by our own resident magician Dan Merrill. Did you ever get home from the mall and find a ding that definitely wasn't there that morning? Do you want to purchase spinning rims for your son's tires for his birthday? Want the best overall reconditioning your car has ever had? How about repairing scratches; have you ever sent away for the stuff on TV only to realize it was clear nail polish or just plain bogus? Drop by Dan's CAR garage at 245 S. Main Street and have him give you some great ideas on how to inexpensively repair your bumper where you took down my mailbox - he'll be glad to meet you and dazzle you with his excellent work. http://customautorecon.com/contact.html

* This is not an ad, or endorsement, but rather a support of local businesses we've used. We were very satisfied on the two cars Dan worked on for us! He does gret work!

Home Buying in America - There's No Place Like Home!

Jim Crawford ~ Atlanta Real Estate-ABR E-PRO: Real Estate Agent in Atlanta, GA

Home Sweet HomeWhen I was a kid and a couple married, they saved and saved until they could actually afford a little house. We reckoned 2.5 times your salary minus debt (who had credit cards?) After all, there was insurance, the utility bills, a few sticks of furniture, maybe a fence in the yard if children were in the offing, and always save a little for a rainy day. Friends would come over on a designated Saturday, bring their kids to play in the yard, and they'd help you paint, fix the small plumbing problem, do a little re-wiring and you'd do the same for them. Even if you wanted to buy a home large enough to grow into, banks were so strict on their lending practices you couldn't over buy. Foreclosures occurred when a factory town somewhere out in the middle of Unheardofville shut down the main and perhaps only source of income. When someone purchased one of those foreclosed homes, you generally walked into years of equity. Forget that today. You're lucky if you pay "market value," whatever that has come to mean. People used to have goals - college for the kids, retirement, the odd vacation usually spent at a retired in-or-out-law's home in a neighboring state perhaps.

Twenty-five years ago, it was very common for your Dad to go to work and your Mom stayed home, even if there was only one child. If your Mom got a little part-time job while you and your siblings were at school, that money was gravy. Workers got perks called raises and sometimes a bonus annually, and not just a turkey. Inflation has deflated the housing balloon.

In 2009 we just about have to have dual income households. Since child labor laws have eclipsed the Dickensian England, there's no one else to help with the slack if Mom and Dad both lose their jobs. What does that mean for families now - something's got to give if everything is being thrown on the mortgage such as your retirement. Our parents retired on a decent monthly income that were the benefit of putting in your thirty years. A matching program made retirement idyllic, but if you didn't have that, you still had your pension. Persons did not live or borrow against the equity in their homes.

I'm not touching healthcare with a ten foot pole today, don't get me started.

There's No Place Like Home!

"To thee I'll return, overburdened with care;
The heart's dearest solace will smile on me there;
No more from that cottage again will I roam;
Be it ever so humble, there's no place like Home."
Melody by Henry Bishop

Atlanta Short Sales - Patience, Patience, and More Patience.

Jim Crawford ~ Atlanta Real Estate-ABR E-PRO: Real Estate Agent in Atlanta, GA

Generalities on Atlanta Short Sales:

#1 rule for Atlanta Short Sales: Patience, patience, and more patience.

No matter how many pages of documents you are required to fill out, initial, and/or date and sign, if you want the bank to even consider your offer, Nike - Just do it, don't question it. The entire contract should include ALL paperwork (and some may come later), a copy of your earnest money check, a letter from your lender or a letter from your bank if you are paying cash. If you pile on the special stipulations, ask for closing costs, give a distant closing date, or don't want the property sold in strictly "as is" condition, your chances of consideration are between slim and none.

The term "time is of the essence" will take on new meaning. The bank will want you to jump when they say and then take weeks to get back to you. No rhyme, no reason. While the bank may have given themselves the ability to move the closing date, they will have a "take no prisoners" attitude should you want to change the closing date for any reason, valid to you or not. Let your attorney tear the addenda apart at $200 per hour, send your changes to the bank and kiss the property goodbye.

Don't be under the assumption that a given foreclosure is the deal of a lifetime, most especially if there are two mortgages on the property. I had lunch with a colleague yesterday who is in her 18th month on a short sale (notice it's not "quick sale"). There's a primary and secondary mortgage and neither bank can agree on anything at the same time. The other side of the coin-if you are willing to do all those repairs to the roof, systems, updating-you might want to look at a great deal with a builder or home listed at fair market value.

There's always that allure of "let's wait and see how far the bank will drop the price." You'd be surprised at how long banks will hold on. Other buyers may say, "let's offer half price and see what the bank says." The bank will issue a resounding "NO!" or merely ignore your offer if the pricing is at market. As the price may drop in the event the market price in the area drops, the powers that be at the bank already have the math figured out.

The coup de grâce - all sides are seemingly settled in, all's right with the world and another offer comes in.

Get a CLUE – Watch Out For Claims Against Your Homeowner’s Insurance.

Jim Crawford ~ Atlanta Real Estate-ABR E-PRO: Real Estate Agent in Atlanta, GA

I get it, for 25 years you've dutifully paid your homeowner's insurance and never made a claim. Your neighbors just had some vendor knock on their door, had them view their roof from the street and now they're replacing their roof from the (I love this one) - hail damage. Atlanta is an area where we haven't had moisture for ten years and suddenly, intermittently in the same town, wherever a homeowner was home that day, their roof has hail damage. What a coincidence. Hey, just get the check from your insurance company and go on that vacation you deserve.

Comprehensive Loss Underwriting Exchange or CLUE is a database that records claims for insurance companies, pretty similar to CARFAX reports. All of your home insurance claims are listed and kept for 5 years. Everything is there, the date, type of loss, such as mold remediation. If an insurance company decides that a CLUE report is too risky he can refuse to insure that home. That means the lender won't lend to the prospective buyer of your home unless they can find an independent who will charge them (pardon the pun) through the roof.

Buyers and sellers should order the report and just deal with it up front as it's not insurmountable but may cost you in your sales price or some other concession as the buyer will have higher rates for some time to come.

VOTING STARTS NOW!!! NOMINATE THE BEST COUNTRY CLUB IN NORTH FULTON!!!

Mischa Mileman: Real Estate Agent in Atlanta, GA

PLACE YOUR VOTES NOW FOR THE MOST FABULOUS COUNTRY CLUB IN ALPHARETTA!

HELLO HOMEOWNERS, BUYERS, SELLERS AND FELLOW AGENTS!

*** IT'S YOUR TURN TO CAST YOUR VOTE FOR THE BEST COUNTRY CLUB IN ALPHARETTA ***

Here is a short list to get you started. Feel free to nominate any clubs not included in this list. I will post my results next week!

1. COUNTRY CLUB OF THE SOUTH
2. ST. IVES
3. ATLANTA NATIONAL
4. THE MANOR GOLF & COUNTRY CLUB
5. CROOKED CREEK
6. WHITE COLUMNS
7. ECHELON

If you are a serious buyer looking for an Alpharetta Country Club home, please call or text me on 404 409 5752 for a free list of properties for sale in any or all of these country clubs. As a side note, I have just listed an incredible short sale in Country Club of the South on Deverell Street listed for only $500,000. Contact me for more information or to submit an offer to the seller!