All Things Relate to Real Estate .. Georgia

549 Village Run, Lawrenceville, GA Pre Foreclosure Short Sale

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 10 Oct 2008 19:48:22 -0500

549 Village Run, Lawrenceville, GA Pre Foreclosure Short Sale

Renaissance Realty Group, Inc. | Renaissance Realty Group | 404-921-2067

549 Village Run, Lawrenceville, GA

Pre Foreclosure Short Sale. New carpet, roof, and HVAC system. Move in Ready. Great condtion .. perfect first for first time home buyer or investor.

3BR/2BA Single Family House

offered at $109,000

Year Built	1980
Sq Footage	1,400
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	0.42 acres
HOA/Maint	$0 per month

DESCRIPTION

3 Bed 2 Bath Ranch w/ large master suite. New carpet, new roof, new HVAC system. Home is in move in condition and includes dishwasher, range. Private back yard. Price reflects Short Sale / Pre-Foreclosure.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
Hardwood floor	Family room	Dishwasher
Stove/Oven	Laundry area - inside	Balcony, Deck, or Patio
Yard

ADDITIONAL PHOTOS

Seller contact info:

Renaissance Realty Group, Inc.

Renaissance Realty Group

404-921-2067

For sale by agent/broker

Posted: Aug 27, 2008, 5:54am PDT

Tulip Petal, Auburn, GA FORECLOSURE!

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 10 Oct 2008 19:42:55 -0500

Renaissance Realty Group, Inc. | Renaissance Realty Group | 404-921-2067

Tulip Petal, Auburn, GA

FORECLOSURE! Beat the investors to this gem! Originally sold at $215K. FINAL FORECLOSURE

4BR/3BA Single Family House

offered at $165,000

Year Built	2006
Sq Footage	3,345
Bedrooms	4
Bathrooms	3 full, 0 partial
Floors	2
Parking	2 Car garage
Lot Size	0.12 acres
HOA/Maint	$0 per month

DESCRIPTION

Only 2 years old! This home was purchased at $215K and is now an excellent opportunity for the smart homebuyer. Features includes 4 Bedrooms and 2 baths upstairs, with a 5th bedroom or office and full bath on the main. Includes: formal living, formal dining, family room w/ fireplace, large kitchen w/ cherry cabinets and giant breakfast area. Lots of beautiful details throughout. Needs a few cosmetic repairs, but otherwise this is an incredible home ... great location!
The final foreclosure price is being determined, and will offer a whopping savings! This home is currently not offered to the general public and is offered for pre-market preview, so here's your chance to get a jump on the investors.
***If you are currently in a buyer broker agreement, your agent must contact our office directly to schedule a tour of this home and must be present at the initial showing. If you are an unrepresented buyer, please contact Tim at 770-277-6652 for property details or to schedule a preview.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Tile floor
Family room	Living room	Bonus/Rec room
Office/Den	Dining room	Breakfast nook
Dishwasher	Stove/Oven	Attic
Laundry area - inside	Balcony, Deck, or Patio	Yard

OTHER SPECIAL FEATURES

FORECLOSURE. Save $$Thousands$$!

HUGE Master suite w/ two walk-in closets

Zoned Heating & Air

Thermal Pane Windows

Office or Guestroom on Main w/ Full Bath

4-5 Bedrooms w/ 3 Full Baths

SECURITY ALARM IS ARMED & ACTIVE

ADDITIONAL PHOTOS

Seller contact info:

Renaissance Realty Group, Inc.

Renaissance Realty Group

404-921-2067

For sale by agent/broker

Posted: Sep 22, 2008, 4:09pm PDT

Yancey Court Subdivision: Iris Glen, Loganville, GA FORECLOSURE

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 10 Oct 2008 19:37:02 -0500

Renaissance Realty Group, Inc. | Renaissance Realty Group | 404-921-2067

Yancey Court, Loganville, GA

FORECLOSURE Pre- Builder Offers this Floorplan at $247K. You'll save $thousands$ by getting in early!!!

5BR/2.5BA Single Family House

offered at $207,000

Year Built	2005
Sq Footage	2,775
Bedrooms	5
Bathrooms	2 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	330,620 sqft
HOA/Maint	$11 per month

DESCRIPTION

Foreclosure in Great Neighborhood. Home was purchased at $234K, builder currently asking $247K for this floorplan. Home features: 4-sided brick construction. Beautiful details throughout; Formal living, formal dining; family room w/ vaulted ceiling & fireplace; huge kitchen w/ granite counter tops, pantry, center island, and stainless appliances; office or 5th bedroom on main; huge master suite w/ jetted garden tub, separate shower, his/her vanities.
***This home is bank owned and being pre-pared for market sale. Sales price is to be determined, but now's your chance to get the jump on other investors and foreclosure shoppers. Call now for a preview and prepare your offer!
***If you are in a buyer-brokerage agreement, your agent must contact our office to schedule a showing and your agent MUST be present for the initial tour in order to be paid a commission. If you are not working with an agent, please call us directly at 770-277-6652 for more information or to schedule a home tour.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Hardwood floor
Tile floor	Family room	Living room
Bonus/Rec room	Office/Den	Dining room
Breakfast nook	Dishwasher	Stove/Oven
Microwave	Granite countertop	Stainless steel appliances
Attic	Laundry area - inside	Balcony, Deck, or Patio
Yard

COMMUNITY FEATURES

Playground

OTHER SPECIAL FEATURES

4 Sided Brick

Security System ARMED & ACTIVE

Hardwood Flooring on Main

Dual Heating and Air

ADDITIONAL PHOTOS

Seller contact info:

Renaissance Realty Group, Inc.

Renaissance Realty Group

404-921-2067

For sale by agent/broker

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Posted: Oct 10, 2008, 3:32pm PDT

GEORGIA FORECLOSURE DAILY REPORT

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 10 Oct 2008 08:34:14 -0500

GEORGIA FORECLOSURE DAILY REPORT

Foreclosure Homes / Short Sale Homes List

Updated Oct 10Th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

GEORGIA FORECLOSURE DAILY REPORT

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Wed, 08 Oct 2008 08:23:29 -0500

GEORGIA FORECLOSURE DAILY REPORT

Foreclosure Homes / Short Sale Homes List

Updated Oct 8Th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

STAGERS LOOK OUT THEY ARE COMING FOR YOU... LOCK YOUR DOORS.

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Tue, 07 Oct 2008 21:04:57 -0500

STAGGERS LOOK OUT THEY ARE COMING FOR YOU... LOCK YOUR DOORS... RAN ACROSS THIS STORY TODAY AND THOUGHT ,, OMG (no not old Milwaukee gold).THE STORY TELLS ABOUT STAGED HOMES ARE GETTING STRIPPED CLEAN. GUESS WE HAVE TO STAGE A FEW OF THESE HOMES WITH PIT BULLS. I WOULD ALSO HAVE TO ASK HOW WOULD THESE ITEMS BE COVERED UNDER INSURANCE.

Foreclosure Homes in Georgia For Sale

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Mon, 06 Oct 2008 09:13:31 -0500

Foreclosure Homes / Short Sale Homes List

Updated Oct 6th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Can I buy a house even though I declared bankruptcy?

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Sat, 04 Oct 2008 20:36:57 -0500

Can I buy a house even though I declared bankruptcy?

Believe it or not, there is financial life after bankruptcy. It will take some effort on your part, but you can rebuild your credit with careful budgeting and record keeping.

A bankruptcy is a red flag that makes lenders leery, and it will stay on your credit report for 10 years. If you have a history of bad credit (e.g., a bankruptcy and numerous late payments) and don't take steps to repair it, most lenders won't take on the risk of giving you credit. If you find a lender willing to give you credit, you can expect a high interest rate (e.g., twice the going market rate). However, if you work to improve your credit rating by obtaining a line of credit and making all of your payments on time, for example, you may be able to obtain the financing you need to buy a home.

Remember that lenders want to see good credit histories. Therefore, it's important to begin establishing good credit as soon as possible. Many people believe that the way to fix a bad credit problem is to pay for everything in cash. Although this is a good way to get out of debt and control your spending, it won't help you get a mortgage. When you pay cash, you're not establishing credit. Thus, lenders have no way of gauging whether you're a good or bad credit risk.

Consider beginning your journey back to creditworthiness by obtaining a low-interest credit card. Be sure to make your payments on time, every month. If you can't get a traditional credit card, ask about a secured credit card that operates much like an ATM debit card. Here, your credit limit is based on the amount you deposit in your account. For example, if you deposit $500 in the account, you'll have a credit limit of $500. If high credit limits are what landed you in your current financial troubles, a secured card can help you stay on track by keeping you on a short leash. In a short time, you may be able to prove to lenders that you're creditworthy.

What you'll need when you apply for a mortgage

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Sat, 04 Oct 2008 20:28:57 -0500

What you'll need when you apply for a mortgage

When you apply for a mortgage, the lender will want a lot of information about you (and, at some point, about the house you'll buy) to determine your loan eligibility. Here's what you'll need to provide:

The name and address of your bank, your account numbers, and statements for the past three months
Investment statements for the past three months
Pay stubs, W-2 withholding forms, or other proof of employment and income
Balance sheets and tax returns, if you're self-employed
Information on consumer debt (account numbers and amounts due)
Divorce settlement papers, if applicable

You'll sign authorizations that allow the lender to verify your income and bank accounts, and to obtain a copy of your credit report. If you've already made an offer on a house or condo, you'll need to give the lender a purchase contract and a receipt for any good-faith deposit that you might have given the seller.

Whats the Difference Between Prequalification and Preapproval

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Sat, 04 Oct 2008 20:22:25 -0500

Whats the Difference Between Prequalification and Preapproval

Prequalification and Preapproval

In many cases, you'll want to know how much mortgage you can get before you look at homes so you won't waste time drooling over places that you can't afford. Your potential lender can either prequalify you or preapprove you for a mortgage.

Lenders use several standard ratios to determine how much mortgage you're eligible for. Generally, if you're applying for a conventional mortgage, your monthly housing expenses (mortgage principal and interest, real estate taxes, and homeowners insurance) should not exceed 28 percent of your gross monthly income. In addition, your total long-term debt (monthly housing expenses plus other debt payments that won't be repaid within a year) should be no more than 36 percent of your gross monthly income. Government mortgage programs, such as FHA and VA mortgages, have higher qualifying ratios.

Keep in mind that qualifying ratios vary among lenders, and you may still qualify for a mortgage even if you exceed the ratios listed above. For example, some lenders will allow higher ratios if you have excellent credit, a large down payment, or substantial savings, or meet other conditions.

Prequalifying for a mortgage is simply a matter of a lender crunching these numbers to tell you how large a mortgage you'll qualify for based on those ratios. Remember, what you qualify for may not be what you can afford--only you can determine that after examining your own budget and lifestyle. Because the lender has not verified your income or examined your credit report, prequalification promises you nothing; it simply tells you how much mortgage you might get.

Preapproval, however, means that the lender has checked out your income and credit. You'll get a letter of commitment stating that you'll be given a mortgage up to a certain amount. Preapproval lets you know exactly how large a mortgage you can get. In addition, it gives you more credibility as a buyer, since a seller can see in the lender's letter that you're going to get the mortgage if he or she accepts your purchase offer.

Renting VS Owning

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 03 Oct 2008 10:39:51 -0500

Renting

Owning

What You Pay For

Rent
(and possibly renter's insurance)

Once
* Down Payment
* Closing Costs

For 15-30 years
* Mortgage Payment
(principal + interest)

Forever
* Taxes
* Insurance
* Maintenance

What You Can Deduct on your Taxes

Nothing

* Interest on mortgage, and property taxes
* When you sell your home, you don't have to pay any taxes on the gain, in most cases. Whoa!

How you can build an investment

Take the money you would have spent on a down payment and invest it or out it in savings.

Your house is your investment. If you put 10% down, you own 10% of the house when you start.

As you make monthly mortgage payments for 15-30 years, you'll gradually own more and more of the house.

How you could mess up this investment

Fail to invest your extra money somewhere else. In that case, you have no investment.

Possible mistakes include:

Paying more than the house is worth
Paying more than you can afford (in which case you could lose the house by failing to make payments)
Paying too much interest.

Pros

* Simple
* Start investing right away, without having to save for a down payment
* Easier to move if you decide to relocate
* No cost or effort spent on maintenance
* If your rent is low enough, this could be a better investment than house-buying.

* Pride and comfort in owning your own home.
* Ability to customize the home exactly how you want.
* Money that you pay towards the home loan is like paying yourself.
* Mortgage payment stays the same over 30 years. If you were a renter, your rent would definitely go up.
*You can deduct the interest you pay on your mortgage.
* You leverage you're your money by buying the home with (mostly) the bank's money. If you put $10k down on a $100k house, the whole $100k appreciates, not just the $10k you put down.
* When (if) you sell your home, you don't have to pay any income tax on the gain. Whoa!

Georgia Foreclosure Homes / Georgia Short Sale Homes

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Fri, 03 Oct 2008 10:36:59 -0500

Georgia Foreclosure Homes / Georgia Short Sale Homes List

Updated Oct 3rd 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Applying for a Mortgage, things you need to know before your start.

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Thu, 02 Oct 2008 08:29:56 -0500

Applying for a Mortgage

With all of the paperwork and questions that you need to answer, applying for a mortgage can be stressful. But knowing what's involved in the process can make things a lot easier. Here's some information to get you started.

Before you apply

Do some homework before you apply for a mortgage. Think about what type of home you want, what your budget will allow, and what type of mortgage you might seek. Get a copy of your credit report, and make sure it's accurate; dispute any erroneous information to get it corrected. Be prepared to answer any questions that a lender might have of you, and be open and straightforward about your circumstances.

What you'll need when you apply

The name and address of your bank, your account numbers, and statements for the past three months
Investment statements for the past three months
Pay stubs, W-2 withholding forms, or other proof of employment and income
Balance sheets and tax returns, if you're self-employed
Information on consumer debt (account numbers and amounts due)
Divorce settlement papers, if applicable

Prequalification and preapproval

Finalizing the application

As your mortgage application is processed and finalized, your lender is required by law to give you several documents. Within three business days of applying for the loan, the lender must inform you of the mortgage's effective rate of interest, or annual percentage rate (APR). If relevant, the lender must also give you consumer information on adjustable rate mortgages. In addition, the lender is required to give you an itemized good-faith estimate of your closing costs and a government publication that explains those costs.

Since the home that you're purchasing will serve as collateral for the loan, the lender will order a market value appraisal of the property. The lender will not lend you more than a certain percentage of the value of the property. If your down payment will be less than 20 percent of the value of the property, your loan will require private mortgage insurance, and the lender will obtain insurer approval. If the lender has not already done so as part of a preapproval process, it will verify your employment and bank accounts as well as obtain and evaluate your credit report.

Foreclosure Homes Georgia / Short Sale Homes List Georgia

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Wed, 01 Oct 2008 08:56:13 -0500

Foreclosure Homes / Short Sale Homes List

Updated Oct 30th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Updated Oct 30th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Foreclosure Homes, Short Sale Homes, For Sale in Georgia

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Tue, 30 Sep 2008 09:33:38 -0500

Foreclosure Homes / Short Sale Homes List

Updated Sep 30th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Foreclosure Homes Georgia / Short Sale Homes List Georgia

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Mon, 29 Sep 2008 08:52:01 -0500

Foreclosure Homes / Short Sale Homes List

Updated Sep 29th 2008

Fulton, North Fulton, DeKalb, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

631 Rock Elm Dr, Auburn, GA FORECLOSURE

Eric Reid Lawrenceville,GA (Renaissance Realty Group) — Sat, 27 Sep 2008 15:18:26 -0500

631 Rock Elm Dr, Auburn, GA FORECLOSURE Brookside Crossing

Renaissance Realty Group, Inc. | Renaissance Realty Group | 404-921-2067

631 Rock Elm Dr, Auburn, GA

BANK FORECLOSURE Beautiful Curb Appeal and Great Condition.

5BR/3.5BA Single Family House

offered at $204,900

Year Built	2005
Sq Footage	Unspecified
Bedrooms	5
Bathrooms	3 full, 1 partial
Floors	2
Parking	2 Car garage
Lot Size	0.2089 acres
HOA/Maint	$0 per month

DESCRIPTION

Beautiful 2 story Traditional. Bank Owned and ready to Sell. Open floor plan with Formal Living and Dining, Great Room w/ Fireplace, and large open kitchen. Bedroom and Full bath on Main level. Master Suite with 2 guest rooms and 2 baths on Second level. Good condition. Must see to appreciate.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Hardwood floor
Family room	Living room	Dining room
Breakfast nook	Dishwasher	Stove/Oven
Microwave	Attic	Laundry area - inside
Balcony, Deck, or Patio	Yard

COMMUNITY FEATURES

Clubhouse

Swimming pool(s)

Tennis court(s)

OTHER SPECIAL FEATURES

Sidewalks, Street Lights

Underground Utilities

Alarm System, Dual/Zoned Heating & Air

Thermal Pane Windows

ADDITIONAL PHOTOS

Seller contact info:

Renaissance Realty Group, Inc.

Renaissance Realty Group

404-921-2067

For sale by agent/broker