How Long do I Have to Wait – FHA?
Here are the FHA Guidelines for Georgia Short-Sale, Foreclosures and Bankruptcy. Other than VA, FHA is the most lenient when it comes to these situations. Most of the time, this will be the route we go, as far as getting you a new Atlanta home loan. One question we get asked a lot is, “what [...]
How Long do I Have to Wait to Buy a Home?
Here is a great chart my company put together on how long you have to wait after a Georgia foreclosure, short-sale, or bankruptcy. This chart is for people trying to obtain Georgia conventional loans only. Different guidelines will apply to other types of mortgages. I will post those at a later date. Georgia 203K [...]
203K Renovation Loans
There is a misconception about the limitations of the HUD 203k renovation amount. Many lenders state that you can’t do renovation projects that exceed $35,000. The fact is true, however misleading. Many lenders are not approved to do a full 203k loan and can only do a 203k streamline which has a limit of only [...]
GA Real Estate Contracts: 2011 GAR Form Changes
Courtesy of MaryAnn McReynolds of Prudential Georgia Realty Georgia REALTORS® are using new contacts and forms which were changed significantly for calendar year 2011. Few changes were made to the actual Purchase and Sale Agreement, but several new forms were created to make the practice of real estate easier for brokers and agents. Some highlights [...]
Time to Buy a Home in Atlanta, GA
THE WALL STREET JOURNAL “With home sales starting to improve, and with prices now possibly forming a bottom, real estate could well be the asset class that represents…the best low-risk buying opportunity out there today.” DONALD TRUMP I’m pretty sure this is a great time to go out and buy a house. And if you [...]
