Cobb County Real Estate and Events - Archives January, 2012

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Home : Blogs : Jen Bowman - Atlanta GA Realtor - Cobb County - Smyrna, Vinings, Marietta : Cobb County Real Estate and Events : Archives January, 2012

Bank of America Short Sale - 01/22/12 06:57 PM

Bank of America Short Sale - I've done quite a few short sales with Bank of America and I have to say, they are getting better. Practice makes perfect, or better at least. One thing they are doing is being more pro-active. Last week Bank of America sent an email telling real estate agents to educate our clients on short sale benefits. They are also recommending to start now and not wait until an offer is received. I've notice that Chase is doing the same and being very pro-active which makes the Short Sale process better.
Benefit 1 - Pause in … (5 comments)

Is that Condo FHA approved? - 01/17/12 09:13 PM

Is that Condo FHA approved? In metro Atlanta we have lots of condos for sale. Buyers who will be using FHA insured financing (3.5% down) need to know if the condo is on FHA's approved condo list.
Check out the official site for FHA Approved Condos.
Many Atlanta condos have restrictions limiting the number of rentals in a community. One of the reasons is because FHA will not approve a condo if it has more than 20% rentals. Some condos have wait lists of 2 or more years to be able to rent out your unit. If you are considering renting out … (4 comments)

Marietta Georgia Real Estate Market - 01/13/12 02:44 PM

Marietta Georgia Real Estate Market - 2011, let's wrap it up. I've analyzed the Marietta GA real estate data for the last 7 years. This is for single family residential and does not include condos or townhomes.
In 2005, 3015 homes sold with an average of 94 days on the market , 97.8% of list price to sales price and we had 4.4 months of inventory. That tells us that if nothing new came on the market, we would be completely sold out in 4.4 months. Homes were selling fast and furious and there was a lot going on in Marietta … (0 comments)

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Jen Bowman - Atlanta GA Realtor - Cobb County - Smyrna, Vinings, Marietta

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