In what may be the most exciting team-up since Spider-man and Wolverine, Chris Bush from UAMC Mortgage has joined the team at Lennar Atlanta. UAMC is the wholly-owned mortgage subsidiary of Lennar Atlanta, and with Chris on board, it will be easier than ever for homebuyers to obtain mortgages on their new Atlanta homes. Chris is an 11-year veteran of the mortgage business[...]
Atlanta Real Estate Forum asked Dan Forsman, president, CEO and owner of Prudential Georgia Realty, to respond to this recent article from The New York Times explaining how home buying will change if Fannie Mae and Freddie Mac are shut down. How would home buying change if the federal government shuts down Fannie Mae and Freddie Mac? Fannie Mae and Freddie Mac[...]
[youtube https://www.youtube.com/watch?v=fLjIVEf1nwM&fs=1&hl=en_US&rel=0] Earlier this week N-Play had the privilege of sponsoring a luncheon at the Atlanta Press Club where Senator Johnny Isakson was the guest speaker. He spoke of the legislative issues facing Congress in 2011 and how it would affect Georgia. We chose to sponsor the event because not only is Mark Bloomfield, our Founder, a Georgia Tech[...]
Do you need mortgage relief, but just don't know which way to turn? The Federal Trade Commission just introduced a rule which is designed to protect homeowners from fraud. So if you own Atlanta real estate and need help, this is worth taking a look at.The newly created Mortgage Assistance Relief Services (MARS) Rule targets companies that claim they will[...]
Your Atlanta real estate may not provide you with the tax break you have gotten in the past. President Obama's Deficit Commission released a plan earlier this week detailing specific actions Congress will need to take to get the federal deficit back under control during the next decade. It is important to note that the plan does not actually balance[...]
The Department of Housing and Urban Development has the task of selling FHA foreclosed homes, and there’s likely one for sale in the location where you want to live. Plus, these homes come in all sizes, styles and price ranges, so you can probably find just the home that will suit your family’s lifestyle. And if you bid wisely, you[...]
For seniors ages 62 and older that own or are shopping for Atlanta real estate, reverse mortgages can rescue a dwindling budget because the reverse mortgage lender pays you to continue living in your home. If the scenario seems too good to be true, it’s because seniors and their families may overlook the term “lender” in the previous sentence. It’s true[...]
In June, the USDA announced that it would no longer extend loans to first-time homebuyers. This was a big blow to those looking to buy Atlanta new homes and Atlanta real estate as USDA financing is the only program that allows first time buyers to purchase their new homes with absolutely no money down. However, there is now a unanimous sigh[...]
The first step to buying Atlanta real estate with a VA loan is to fill out a VA loan Certificate of Eligibility (COE) from the VA or a VA-certified lender. COEs verify that you may be eligible for the program. It never hurts to contact a VA-loan lender who can guide you through the process and make sure you maximize[...]
Personal finance experts sometimes recommend that people who tend to overuse credit cards participate in a self-imposed credit freeze. That is, you put your credit card in a bowl of water and freeze it. Impulse purchases are no longer available – you have to think about your purchase long enough to drive home, take the card out of the freezer[...]