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Atlanta Real Estate News Update |
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The U.S. Treasury has released long-awaited guidelines with incentives for loan servicers and homeowners to engage in short sales. These guidelines were originally announced in May but were delayed due to legal and politic issues. This means that we will see more short sales and fewer foreclosures. Here are some highlights of the new program: Troubled borrowers interested in exploring a short sale will also be allowed to receive pre-approved short-sale terms prior to the property listing. The mortgage servicer must respond "yes or no" to the short sale request within 10 business days. Upon a successful sale, servicers must agree to fully release the borrower from future liability for the difference in the net sale amount and the outstanding loan balance. Troubled borrowers who agree to a short sale or deed-in-lieu of foreclosure will receive up to $1,500 to assist with their relocation expenses. Loan servicers and investors who sign off on payments to subordinate lien holders will earn up to $1,000 for successfully completing a short sale or deed-in-lieu. Subordinate lien holders are limited to recovering no more than $3,000 from sale proceeds, although those who object to the cap can engage in short sales outside the program. Borrowers may still be subject to payback provisions for subordinated lien holders. Examples may include home equity loans, home equity lines of credit, second mortgages or other liens. The guidelines prohibit loan servicers from demanding that real estate brokerages reduce the commission stated in the listing agreement as a condition of approving a short sale. The number of homes headed to foreclosure continues to grow. A record 14.1% of homes with mortgages were at least one payment behind or already in foreclosure at the end of September, according to the Mortgage Bankers Association. Nearly 1 in 10 loans were delinquent, up from 6.99 percent a year ago.
To inquiry more about this subject please visit www.TeamLeeHomes.com.
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Dallas Ga Homes For Sale-Foreclosure Update |
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Dallas, GA Real Estate Foreclosures: About 8 out of 10 homes sold in Dallas, Georgia in 2009 have been foreclosure or pre-foreclosure (short sale) properties. Dallas, Ga foreclosures in Paulding County are on the rise in 2009 and are projected to continue to steadily flow onto the Dallas,GA real estate market for the next couple of years. We are beginning to see a high number of foreclosure buyers in Dallas, GA that are competing for the same great foreclosure opportunities. With the $8000 Tax Credit for first time home buyers, they currently consist of a larger segment of buyers in Dallas, GA. With also an increased number of investors, the hot foreclosure deals go fast and even within the first couple hours. We are seeing bidding wars with multiple offers on many Dallas, GA foreclosures. In order to stay ahead of the other foreclosures seeking home buyers, you need a property search system that works. For more details on homes for sale in Dallas, Ga including foreclosures visit http://www.teamleehomes.com/prudential_ga/modules/agent/agent.asp?p=text&id=1129 |
Dallas, GA Real Estate Foreclosures:
About 8 out of 10 homes sold in Dallas, Georgia in 2009 have been foreclosure or pre-foreclosure (short sale) properties. Dallas, Ga foreclosures in Paulding County are on the rise in 2009 and are projected to continue to steadily flow onto the Dallas,GA real estate market for the next couple of years. We are beginning to see a high number of foreclosure buyers in Dallas, GA that are competing for the same great foreclosure opportunities. With the $8000 Tax Credit for first time home buyers, they currently consist of a larger segment of buyers in Dallas, GA. With also an increased number of investors, the hot foreclosure deals go fast and even within the first couple hours. We are seeing bidding wars with multiple offers on many Dallas, GA foreclosures. In order to stay ahead of the other foreclosures seeking home buyers, you need a property search system that works.
Please visit homes for sale in Dallas, Ga from:
http://www.teamleehomes.com/prudential_ga/modules/agent/agent.asp?p=text&id=1129
Happy Home Buying,
Jonathan & Natalie Lee
This is the latest Atlanta Real Estate Market Update with many important facts and trends of the Atlanta Metro Area. I was stunned at the wealth of information it provided...everyone should watch this. If the above link does not work please copy and paste the following url: http://www.atlantarealestate2009.com/
If you have any further questions or would like to receive Georgia Real Estate market updates please visit www.TeamLeeHomes.com.
Thanks,
Jonathan Lee
Jonathan & Natalie are a husband and wife real estate team in the TOP 6% of PRUDENTIAL AGENTS NATIONWIDE and specialize in Homes for sale in Metro Atlanta and West Ga Areas...www.TeamLeeHomes.com
Testimonials
Testimonials:
Jonathan & Natalie,
"Thank you! You are two of the best Realtors I've had the privilege of
working with over a career that spans more years than I care to admit."
Don Barrickman
Senior Managing Director of Asset Management for Republic Financial Corporation
"...It's not fair to say that someone just gets an agent when they work with you-they really do get a team. As I have said before, you two work so well together. You bring a complete, competent and professional team to the table which performs better than any one person ever could. You both contributed so much to my getting the perfect house. When we talked about what I was looking for, you really understood what would make a good home for me. The house I am in now was really priced quite a bit higher than I knew I could afford. However, when you saw my eyes light up and my excitement about the home, you encouraged me to try for what I really wanted. You then went into "overdrive" on the negotiation process. I respect how you wanted to see me in the right home but also how you fought to make sure it fit into my financial plan. Your focus on the details throughout the process really paid off. In the end, God truly blessed me with the home I wanted at the exact price I wanted. Without your encouragement, I may never have followed through on the home that was really right. I might have missed a terrific blessing. You did not let me "settle" for something less. You are the first people I would recommend to anyone looking for a home."
-Jeff Daxon, Buyer Client and Associate Pastor of Ewing Road Baptist Church
"...Jonathan was so wonderful and we have recommended him to many friends."
-Jack and Carrie Blankenship, Buyer Client
"...Thanks for Everything! We did it!"
-Christine Farrell, Seller Client
" Jonathan and Natalie were able to offer our family more than the average Realtor alone. Together, they make a responsive team who make you feel as if you are always their first priority. Personal customer service seems to be their number one goal, and it has been our family's experience that Jonathan and Natalie assiduously attend to all of their clients' needs. During the sale of our home, they posted our home online, networked in our community, published and dispersed literature, hosted an open house, and followed up with each potential buyer. They even went so far as to provide feedback to us, the sellers, regarding potential buyers' opinions after each showing, which allowed us to make changes to improve our marketability. Their systematic, professional approach allowed for the timely sale of our home in the saturated Paulding County market. My family had an extremely positive experience with Jonathan and Natalie Lee's representation. We recommend them without hesitation and have referred numerous friends, family members, and co-workers to them. Because of them, we now own our "dream home," but with Realtors like Jonathan and Natalie who make the home buying experience so enjoyable, there is no guarantee that we'll stay put for long." -Zack and Tiffany Frachiseur, Seller Clients "This was a very good experience for us. Jonathan and Natalie kept us informed on the process on a daily basis. We felt like their only clients because of the promptness, communication, and professionalism. Overall for being first time Buyers-the experience was outstanding." -Brian and Liz Hannah, Buyer Clients"Both of you were consistently professional and very attentive to my needs. You were always patient with my many questions, and you really stayed on top of all the details. The comprehensive marketing plan you provided for the sale of my home was very effective. During both selling and buying, you successfully negotiated the best possible deals for me. And throughout it all, you were helpful, thorough, and pleasant to work with. Thank you so much for being so good at what you do!"
-Melinda Kay, Seller & Buyer Client
Notable Accomplishments:
*2006-2007 Multi-Million Million Dollar Producers
*2007 Prudential Honor Role Society for Production
*2007 Top Achiever Award
*2006 MILLION DOLLAR CLUB MEMBERS
*Prudential Georgia Realty Team Listing Units Leaders
*Prudential Georgia Realty Team Listing Volume Leaders
*Prudential Georgia Realty Closed Units Leaders
*Member of the 2005 Georgian Realtor Advisory Board
*We have Sold homes in as little as 3 days
*We obtain on average 98% of Listing Price
*We have Sold homes for full asking price
*We have saved clients up to $30,000 when Buying a home
*Natalie has a Relocation Certification
~We are both Certified Skilled Negotiators (CSN), and Natalie was certified in 2005 as an Accredited Buyers Agent (ABR) to better help and represent our home Buyer clients.
~Also,we are E-Certified which is a designation that informs clients that we are skilled in the internet and technical aspects of the Real Estate business
Mission Statement
"To make the purchase or sale of your home a pleasurable experience not just a transaction"
*Our combined efforts make your home buying or selling enjoyable.
*Our efficient style of teamwork and our work ethics contribute to the kind of results you expect.
*Our Personalities and Skills compliment each other to provide the best service available.
*We will cater to your needs by not being pushy and listening carefully to your unique situation.
*We provide professional guidance and knowledgeable advice.
*We counsel you through the home buying or selling process from experience.
*We will get you the best deal possible with our strong negotiating skills.
*We strive to continually meet AND exceed the expectations of ALL of our clients.
Notable Accomplishments:
*#1 in Sales (36 homes) in 2009 with Prudential Georgia Realty NW
*2006-2009 Multi-Million Million Dollar Producers
*Prudential Leading Edge Society for Production placing us in the top 6% of Prudential's 80,000+ agents Nationwide
*2007-09 Top Achiever Award
*2006-09 MILLION DOLLAR CLUB MEMBERS
*7 Years Experience in the Real Estate Business
*Prudential Georgia Realty Team Listing Units Leaders
*Prudential Georgia Realty Team Listing Volume Leaders
*Prudential Georgia Realty Sold Units & Volume Leaders
*Member of the Georgian Realtor Advisory Board
*We have Sold homes in as little as 2 days
*We obtain on average 97% of Listing Price
*We have Sold many homes for full asking price and above
*We have saved clients over $30,000 when Buying a home
*Short Sale/Pre-Foreclosure Certified Specialists
*Jonathan & Natalie both have Relocation Certifications
~We are both Certified Skilled Negotiators (CSN), and Natalie was certified in 2005 as an Accredited Buyers Agent (ABR) to better help and represent our home Buyer clients.
~Also,we are E-Certified which is a designation that informs clients that we are skilled in the internet and technical aspects of the Real Estate business
Above: Natalie hard at work for one of her clients
Mission Statement
"To make the purchase or sale of your home a pleasurable experience not just a transaction"
*Our combined efforts make your home buying or selling enjoyable.
*Our efficient style of teamwork and our work ethics contribute to the kind of results you expect.
*Our Personalities and Skills compliment each other to provide the best service available.
*We will cater to your needs by not being pushy and listening carefully to your unique situation.
*We provide professional guidance and knowledgeable advice.
*We counsel you through the home buying or selling process from experience.
*We will get you the best deal possible with our strong negotiating skills.
*We strive to continually meet AND exceed the expectations of ALL of our clients.
Testimonials
Testimonials
"...It's not fair to say that someone just gets an agent when they work with you-they really do get a team. As I have said before, you two work so well together. You bring a complete, competent and professional team to the table which performs better than any one person ever could. You both contributed so much to my getting the perfect house. When we talked about what I was looking for, you really understood what would make a good home for me. The house I am in now was really priced quite a bit higher than I knew I could afford. However, when you saw my eyes light up and my excitement about the home, you encouraged me to try for what I really wanted. You then went into "overdrive" on the negotiation process. I respect how you wanted to see me in the right home but also how you fought to make sure it fit into my financial plan. Your focus on the details throughout the process really paid off. In the end, God truly blessed me with the home I wanted at the exact price I wanted. Without your encouragement, I may never have followed through on the home that was really right. I might have missed a terrific blessing. You did not let me "settle" for something less. You are the first people I would recommend to anyone looking for a home."
-Jeff Daxon, Buyer Client and Associate Pastor of Ewing Road Baptist Church
"...Jonathan was so wonderful and we have recommended him to many friends."
-Jack and Carrie Blankenship, Buyer Client
"...Thanks for Everything! We did it!"
-Christine Farrell, Seller Client
" Jonathan and Natalie were able to offer our family more than the average Realtor alone. Together, they make a responsive team who make you feel as if you are always their first priority. Personal customer service seems to be their number one goal, and it has been our family's experience that Jonathan and Natalie assiduously attend to all of their clients' needs. During the sale of our home, they posted our home online, networked in our community, published and dispersed literature, hosted an open house, and followed up with each potential buyer. They even went so far as to provide feedback to us, the sellers, regarding potential buyers' opinions after each showing, which allowed us to make changes to improve our marketability. Their systematic, professional approach allowed for the timely sale of our home in the saturated Paulding County market. My family had an extremely positive experience with Jonathan and Natalie Lee's representation. We recommend them without hesitation and have referred numerous friends, family members, and co-workers to them. Because of them, we now own our "dream home," but with Realtors like Jonathan and Natalie who make the home buying experience so enjoyable, there is no guarantee that we'll stay put for long." -Zack and Tiffany Frachiseur, Seller Clients "This was a very good experience for us. Jonathan and Natalie kept us informed on the process on a daily basis. We felt like their only clients because of the promptness, communication, and professionalism. Overall for being first time Buyers-the experience was outstanding." -Brian and Liz Hannah, Buyer Clients"Both of you were consistently professional and very attentive to my needs. You were always patient with my many questions, and you really stayed on top of all the details. The comprehensive marketing plan you provided for the sale of my home was very effective. During both selling and buying, you successfully negotiated the best possible deals for me. And throughout it all, you were helpful, thorough, and pleasant to work with. Thank you so much for being so good at what you do!"
-Melinda Kay, Seller & Buyer Client
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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