Amy Buynoski, vice president, and mortgage banker with Fidelity Bank and Mickey Schilling, mortgage business development manager and vice president with Fidelity Bank, are guests on this week’s All About Real Estate episode of Atlanta Real Estate Forum Radio. During our interview, Amy and Mickey gave us a little background on Fidelity Bank, which is the largest community bank in[...]
In an effort to make homeownership more affordable, mortgage giants Fannie Mae and Freddie Mac announced programs to purchase mortgages with down payments of as little as three percent. These programs went into effect on Saturday, and they are aimed at first-time home buyers in particular. "NAHB commends Fannie Mae and Freddie Mac for instituting new loan guidelines that will allow[...]
Academy Mortgage, a lending company with multiple offices in the metro Atlanta area, believes that now is a great time for prospective home buyers to enter the real estate market. With the recent recession still in the back of everyone’s mind, it’s only natural that some fears still remain about entering the housing market. Because of these fears, there are many[...]
If you are looking to help you get back on your feet and become a home owner again, PrimeLending is here to help! PrimeLending and Fannie Mae’s HomePath Program is designed to help make the most of foreclosure inventory by offering quality homes at low prices with low down payments, flexible mortgage terms and availability to those with less-than-perfect credit. HomePath[...]
Homebuyers will be paying for the much-debated two-month extension of the payroll tax passed by congress at the end of last year. The sad part about it is that buyers of Atlanta real estate will be paying a lot longer than just two months; they will be paying for 30 years. Employees get an additional two month cut in Social Security[...]
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[...]
Breaking a mirror is said to cause seven years bad luck. If that is the case, then what happens if you walk away from your Atlanta real estate loan? Defaulting on your home loan can mean seven years before you can obtain a new one. If your mortgage is underwater and you are thinking about walking away from your Fannie[...]