| $129,900 |
 |
|
|
| 102 Streamside Dr Roswell, GA |
|
|
|
|
Very secure gate, your very private unit.is downstairs facing all the green privacy! Upon entering this home, you will see the designer paint colors, new Berber carpet & granite surround FP. Then you notice the crown molding & upgraded lighting. What's this- mosiac tile, travertine tile and porcelain tile plus refinished porcelain tubs. 2 Bedroom, 2 bath Walk-in closets. The list just keeps going! Plus great location!!! On bus line, and close to hospital and shopping. Owner may conside Lease Purchase! |
|
|
Single Family |
|
Ga RE Lic H-44118 |
| Bedrooms: |
2 |
Agent Name: |
Pat Barnett |
| Square Feet: |
Not Disclosed |
Agent Phone: |
(770) 448-3331 |
| Baths: |
2 |
Agent Email: |
pat@patbarnett.com |
| Reduced to $199,900 |
 |
|
|
| 3963 Rivermeade Dr SW Lilburn, GA |
|
|
|
|
Just reduced thousands- was $224,900. Owner is moving out of the countryand decided to sacrifice!
Take a look a this lovely two story home on cul de sac It has a six foot wood privacy fence. This home has a spacious Living room that flows into Dining room. Open kitchen with eat in area Family room is open to Kitchen room. There is a powder room off the two story foyer.
Upstairs are 4 spacious bedrooms and tahe laundry room. Tthe master is very large and has a separate sitting area.Take a look today!
House needs some painting inside otherwise it is a great value for the money in the Parkview school district. |
|
|
Single Family |
|
Ga RE Lic H-44118 |
| Bedrooms: |
4 |
Agent Name: |
Pat Barnett |
| Square Feet: |
Not Disclosed |
Agent Phone: |
(770) 448-3331 |
| Baths: |
2.5 |
Agent Email: |
pat@patbarnett.com |
| 2A River Valley Tr Dawsonville, GA |
|
|
|
|
Just Listed. This is a wonderful piece of property. The stream borders it on one side and you have a view of the mountains at the top of the property. You can build one home or several. Road to the property is mostly paved and there is a natural road bed right in front of the creek. Check out the pictures. This property features privacy and quiet tranquility. |
 |
|
Single Family |
|
Ga RE Lic H-44118 |
| Bedrooms: |
Not Disclosed |
Agent Name: |
Pat Barnett |
| Square Feet: |
Not Disclosed |
Agent Phone: |
(770) 448-3331 |
| Baths: |
Not Disclosed |
Agent Email: |
pat@patbarnett.com |
Gain Seen In Pending Home Sales, Housing Affordability Sets New Record
WASHINGTON, April 01, 2009
Pending home sales have edged up, hinting at a possible pickup of sales activity in coming months, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in February, rose 2.1 percent to 82.1 from a reading of 80.4 in January, but is 1.4 percent below February 2008 when it was 83.3.
Lawrence Yun, NAR chief economist, said the market is continuing to underperform. "Pending home sales have a way to go for there to be a meaningful increase, but recent increases in shopping activity are hopeful indicators that we´ll see additional sales gains," he said. "More buyers are getting into the market to take advantage of stimulus incentives and much improved housing affordability conditions, but it will take a few months before we could see this turn up in measurable sales contract activity."
Also in February, NAR´s Housing Affordability Index2 rose to a new high.
The PHSI in the Northeast rose 10.6 percent to 63.9 in February but is 11.2 percent below a year ago. In the Midwest the index jumped 14.5 percent to 83.1 and is 3.4 percent higher than February 2008. The index in the South rose 4.4 percent to 85.8 in February but is 0.1 percent below a year ago. In the West the index fell 13.5 percent to 89.6 and is 1.7 percent below February 2008.
NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth, said home buyers are in an excellent position. "The drop in mortgage interest rates and home prices mean the buying power of a typical family has never been better," he said. "If you have a good job and long-term plans, it´s unlikely that you´ll find a much better time to buy a home. This is especially true for first-time buyers who can qualify for an $8,000 tax credit this year, have a great selection of homes to choose from, and are in a favorable negotiating position."
NAR´s Housing Affordability Index rose 0.9 percentage points to a record high of 173.5 in February from an upwardly revised index of 172.6 in January, and is 36.3 percentage points higher than a year ago. The HAI, a broad measure of housing affordability using consistent values and assumptions over time, shows that the relationship between home prices, mortgage interest rates and family income is the most favorable since tracking began in 1970.
A median-income family, earning $59,700, could afford a home costing $285,600 in February with a 20 percent downpayment, assuming 25 percent of gross income is devoted to mortgage principal and interest. Affordability conditions for first-time buyers with the same income and small downpayments are roughly 80 percent of that amount. The affordable price is considerably higher the median existing single-family home price in February, which was only $164,600.
"Obviously, potential home buyers need to be managing their existing debt effectively," McMillan said. "A Realtor® can counsel you on what you may be able to afford given your personal financial situation. In some cases, buyers who want to build their future through homeownership may need to start reducing their debt and improving their credit score before entering the housing market."
Last year at this time, the typical family could afford a home costing $265,600, which is $20,000 less than the current affordable price. "Homes in many areas are now selling for less than replacement construction costs ? clearly this is an abnormal situation which will change once inventory is drawn down and supply and demand come closer into balance," McMillan said.
Yun said he expects housing inventories to rise through early summer from a normal seasonal pattern of more sellers appearing in the spring. "But with the positive housing stimulus incentives now in place, we expect home sales to gain momentum in the second half of the year with first-time buyers absorbing a lot of the excess inventory," he said. "Under these conditions, we should see price stabilization in most markets by the end of the year."
Housing affordability at record level
According to the quarterly Housing Opportunity Index compiled by
the National Association of Home Builders and Wells Fargo Bank,
housing affordability is reaching record levels in the US. Nearly
73 percent of all homes sold in the first three months of 2009
considered affordable -- the highest percentage ever reported by
the 18-year-old index. "Affordable" means that a family making
the national median household income of $64,000 must be able to
devote no more than 28 percent of their income toward housing
costs.
This is some information from another lender of mine. She spells it out for you.
All mortgage products are currently full documentation.
Copies of all documents are needed. Never give up your original documents.
Identification, Income and Assets will need to be provided to the mortgage company.
In most cases the mortgage lender will check the documents are valid with the IRS (new process). Identification:
US CITIZEN: Driver's License, Social Security Card. or Pass Port can be used.
IF NOT a US CITIZEN: Driver's License, Social Security Card. Plus any of the following : Pass Port, Work Visa, Green Card.
Income: must be verified for 2 years and year to date.
Income needs to be in the same or related field, not the same 'job' for 2 year.
Exceptions: W-2 Individuals returning to work after a leave of absence, or new college/technical school graduates.W-2 employees : One full month of pay stubs:
If paid weekly, 5 pay checks
If paid every 2 weeks, 3 pay checks
If paid twice a month, 2 pay checks
If paid once a month, 1 pay check
W-2 employees
W-2s for the past 2 years. (can use GROSS income before taxes to qualify) Self Employed, commission, or 1099.....more difficult to do full doc, income is averaged for 24+ months.
Complete tax returns for past 2 years (can only use NET income + depreciation) Must have all 'schedules' that are filed, also.
Profit and Loss (P&L) statement for the year-to-date NET income (provided by Accountant, bookkeeper, etc.)
Other Income:
Over time, Bonus, part time work, rental income must exist for 2 years to count it as income.
Child support, alimony, must be proven payments are received, and exist for 3 years in the future. ASSETS: Must verify for 2 months:
**If using computer generated documents, the account number and/or the name of the person must be on each page.
**Make sure all pages of bank statements are obtained, not just the cover page.
2 Months of the most current bank statements (checking and savings)....all pages.
401K, IRA, Investments, Money markets, Stocks, MOST current statement. These are usually issued quarterly....all pages.
Full Doc requires a minimum of 0 -6 months of reserves, plus the money required to pay closing costs if being paid by the borrower.
NOTE: If you satisfy the money required in one account, you do not need to obtain any more than that. (Unless, if you have a very weak loan, then the additional assets will help strengthen the loan.)
Last 2 years of residence: Addresses, apartment leasing phone numbers, etc must be provided.
**Renting from a private landlord, must require evidence of payment (cancelled checks, money orders, etc.)
L. Sue Rice
Mortgage Loan Originator
Americas First Home Mortgage Company, Inc.
404-388-5633
People often ask what is the difference between a Realtor and a Real Estate Agent. Here is an excerpt from "The Preamble to the Code of Ethics for Realtors"
Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization. REALTORS® should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and farms, and the preservation of a healthful environment.
Such interests impose obligations beyond those of ordinary commerce. They impose grave social responsibility and a patriotic duty to which REALTORS® should dedicate themselves, and for which they should be diligent in preparing themselves. REALTORS®, therefore, are zealous to maintain and improve the standards of their calling and share with their fellow REALTORS® a common responsibility for its integrity and honor.
In recognition and appreciation of their obligations to clients
Good Information to know!
Top 10 Project Paybacks
Once again, exterior remodeling projects lead the way for recovery on dollars spent in this year´s Cost vs. Value survey. When you compare the national averages, replacement projects that boost curb appeal-siding, windows, and decks-give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.
1. Upscale fiber cement siding (86.7%)
2. Midrange wood deck (81.8%)
3. Midrange vinyl siding (80.7%)
4. Upscale foam-backed vinyl (80.4%)
5. Midrange minor kitchen remodel (79.5%)
6. Upscale vinyl window replacement (79.2%)
7. Midrange wood window replacement (77.7%)
8. Midrange vinyl window replacement (77.2%)
9. Upscale wood window replacement (76.5%
10. Midrange major kitchen remodel (76.0%)
Why buy from a Realtor?
REALTORS® not only help make the dream of homeownership a reality, they also help build better communities. In small towns and large cities across the globe, REALTORS® help shape and promote community values, giving their time and effort to noble causes. The initiatives highlighted offer examples of how REALTORS® and the NATIONAL ASSOCIATION OF REALTORS® are working to strengthen community bonds.
Here is a recent post from Consumers Union about Credit Card reform
I don´t know about you, but I recently got information from several credit card companies saying they are going to change my terms. If I decide not to go along with them, they will cancel my cards and expect the payoff immediately. Ah! Nothing like a Democratic Nation! Yea! Right!
"Just a one-vote margin got the credit card reform bill out of the Senate banking committee. And the powerful banking lobby is licking its chops at the thought of weakening the bill or outright killing it when it comes up soon before the bitterly divided Senate.
We´re too close to victory to let the banks have their way again. Getting you the credit card deal you signed up for isn´t a Republican or Democratic issue, it´s simply putting fairness back into laws that for too long have been skewed in favor of the banks.
The bank and credit card lobbyists are swarming Washington to gut the bills, claming they will "harm consumers and the economy at the very time our country can least afford it." Say what?
This is the same industry that wrote the contracts that allow them to jack up your card´s interest rate at any time, for any reason, even when you pay your bill on time -- just as Bank of America did last week. Or charge you a 27 percent ?penalty´ interest rate for as long as they want for the most minor infraction, such as paying your bill three days late.
The legislation would make the banks treat you fairly: Charge interest rates that you agreed to pay, apply your payments more fairly to higher-interest balances, and impose reasonable fees. It´s not a free ride for consumers or the banks."
Time to contact your Congress people! Otherwise these banks are going to run all over us again!
NOTE: Margaret Mitchell Home is open Free this weekend July 3 & 4
http://www.margaretmitchellhouse.com/page.asp?ID=244&EventID=3
2009 Summer FREE Outdoor Concerts & Movies
Mark you calendars and make an effort to enjoy these events. Tell your friends about these activities. Call your friends and let´s make an effort to get together as a group.
. 7/3 Fri. 8PM Kennesaw Depot Park Frontier & Fireworks @ Dark ? Journey Tribute Band
7/4 Sat. 4-10 Acworth Cauble Park Flashback (8 PM) - & Fireworks
7/5 Sun. 7 PM Heritage Green Sandy Sp. Kid Brothers ? Top Hits 40´s-60´s / Dance
7/11 Sat 7:30 Roswell Riverside Pk. Sound of Essance ? Motown Legends Tribute
7/11 Sat. 7 PM Smyrna Village Green Magno
7/12 Sat. 7:30 Woodstock Sq. Park Shenandoah with Southern Justice
7/31 Fri. 8 PM Marietta Sq. Glover Pk Grapevine (Rock n´ Roll & Beach)
8/1 Sat 6 PM Smyrna Village Green Banks & Shane & Fireworks - City Birthday
8/1 Sat. 7:30 Roswell Riverside Pk. Kingsized ? Elvis Tribute Band
8/2 Sun. 7 PM Heritage Green Sandy Sp. Swinging Medallions ? Beach Music
8/8 Sat. 8PM Woodstock Sq. Park Randall Bramblett Band
8/14 Fri. 8 PM Mable House Amphi B-52´s
8/28 Fri. 8 PM Marietta Sq. Glover Pk. The Mustangs (Pop / Oldies)
