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The "Atlanta Affordable Homeownership Program (AAHOP" was recently rolled out to assist homebuyer's with up to $10,000 down payment assistance in the form of 0% interest rates. The down payment assistance is in the form of a soft second with few restrictions. It also can cover up to 50% of the co...
The Smyrna, Mableton, Austell, and Powder Springs Suburb of metro Atlanta GA, has had its share of foreclosed properties latetly. However, I often been asked by would be buyer's that "Its a Foreclosure or Short Sale We can start with low offer right? My resposnce are just becasue the property is ...
I kept wondering about this question on my way back from a closing regarding the property below in Austell Georgia.  The new owner purchased this 3 bedrooms 2 baths home that was recently renovated from top to bottom, with unfinished basement for $108,000.00, her interest rates was 4.785% and her...
After six months of trial's thru BOA with three different buyer's, we finally obtained short sale approval thru equator portal in 45 days. The short sale package was initiated on 02/25/2010, immediately we were ask to upload 3rd Party Authorization which we did and the process went ok, except whe...
AS many Agents might know by now is that Equator Short Sale initiator started few months ago does work. After trying twice to put a short sale through BOA short sale support since June 2009, I finally can say that I was impressed with the way my short sale was handled by Equator Rep. the last 2 w...
Happy New Year to all my fellow Rainer's near or afar. This is my first blog of the year, and I have a 2010 resolution. I usually don't believed in New Year resolution's, to me is just the next day that let me look back and see what I can do better in all aspect of my being for the coming year. T...
" The MBAG office has received the following update on the Home Buyers Tax Credit...The House and Senate yesterday approved a continuing resolution that includes a provision that would extend current loan limits for FHA and the government-sponsored enterprises through next year.Additionally, Sen...
  Senator Johnny Isaksons, R-Ga has introduce a legislation to congress that would raise home buyer's tax credit to $15,000.00 for first time buyer's and move up buyer's over the next year. You can visit this section of Senator Isaksons web site to read more about it
Lately, I have been asked by many buyer's and buyer's to be about the "Housing and Economic Recovery Act of 2008" regarding home buyer tax credit how it may or may not benefit them. Rather than guessing or simply saying I don't know, I figure is better to go to Uncle Sam web site and let it out. ...
HUD action allowing first time home buyers to use the $8,000.00 tax credit for down payments on FHA-Insured loans is so far this year a good news for Professionals in the real estate industry in my opinion!! Click on the link below to read further.

Jay Badru

Certified REO/Short Sale/Foreclosure Specialialist
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