roswell: Rental Increases While Home Prices Remain Low - 02/25/12 01:06 AM
RayHRealtor - Atlanta Home Connections
Rents are continuing to increase and are projected to as the demand is high.  The Rental market today is what the housing boom was in early 2000.  Home prices and Interest Rates remain low and you can get a home with a payment that could be less than rent. 
You have many options when buying a home today.  The home can be a Foreclosure, Short Sale, Fannie Mae, Freddie Mac, HUD or a traditional sale.  You can put as little down as $100.00 for a HUD home or 3 1/2% with a FHA loan.  Most sellers will contribute … (0 comments)

roswell: Short Sale Fast - 02/17/12 11:51 PM
RayHREALTOR - Atlanta Home Connections
I listed a Short Sale on January 30, 2012 and priced it correctly with the Comps in the neighborhood. In a matter of 2 weeks, an offer came in close to asking price. All the necessary Short Sale Documents were submitted to the Bank 2 days after it was listed. It is imperative that all documents be submitted to the bank timely to ensure a smooth Short Sale transaction.
Having a CDPE - Certified Distressed Property Expert on your side when you need to Short Sale your home is the best way to have a successful … (0 comments)

roswell: Home Owners Shouldn’t be Washington’s Personal ATM - 02/09/12 03:54 AM
RayHREALTOR - Atlanta Home Connections
Published: February 9, 2012
Congress is looking to home owners once again — this time to pay for the payroll-tax extension.
Washington’s inability to put aside partisan politics and solve long-term problems is placing home owners in harm’s way again. Searching for a means to extend the payroll tax cut that expires at the end of the month, Congress is considering charging home buyers and owners higher Fannie Mae and Freddie Mac loan fees, known as guarantee fees.
Fannie and Freddie charge g-fees to cover their losses when home owners default on their loan. In turn, … (0 comments)

roswell: Short Sale Update - 02/09/12 03:18 AM
RayHRealtor-Atlanta Home Connections
Banks are getting better at working with clients who need to Short Sell a home. They are now ordering Appraisals when the Short Sale is initiated. This enables the homes to be listed correctly and to help the it get sold quicker.
If you or anyone you know is struggling making house payments or are behind. don't let it be foreclosed on. Banks are wanting sellers who can no longer afford their home to short sell. The Short Sale process have become much smoother enabling you to get out and start over.
The phantom tax law is … (2 comments)

roswell: Buying VS Renting - 02/05/12 01:10 AM
Roswell - Atlanta Home Connections
Are you renting and seeing rent prices climbing? The rental market is booming and will continue as more and more people need to rent.
The Housing market is still a great buy and more foreclosures are being release into the market. Interest rates are at historical lows and you have many financing options. There are down payment assistance programs and you may qualify for up $5000.00. Imagine owning a home and paying less than your Rent! Not only will your payments be lower, you will be investing in your future.
REAL ESTATE IS ON SALE! … (2 comments)

roswell: Home Affordability Offering Up 40-Year Deals - 01/11/12 05:22 AM - PalmerHouse Properties
Home affordability is at 1971 levels, due to falling home prices and record low mortgage rates, pushing home ownership in reach to more families, according to the U.S. Department of Housing and Urban Development (HUD).
Home owners are bringing in nearly double the median income they need to cover the cost of an average home, HousingPredictor reports.
"With interest rates at historically low levels and markets across the country beginning to improve, home ownership is within reach of more households,” Bob Nielsen, chairman of the National Association of Home Builders, said in a statement.
Home sales have … (0 comments)

roswell: Emerging Foreclosure Trends for 2012 - 01/11/12 04:01 AM - PalmerHouse Properties
There was an abundance of good news on the foreclosure front in 2011 that might portend a rosy outlook for 2012 — at least at first blush.U.S. foreclosure activity was down on an annual basis in every month during the year through November, according to RealtyTrac’s monthly foreclosure market reports. These annual decreases put the nation on pace to have fewer than 2 million properties with foreclosure filings for the year, down more than 30 percent from the nearly 2.9 million properties with foreclosure filings in 2010.
Foreclosure activity in 2011 is on track to be down … (0 comments)

RayHRealtor  PalmerHouseProperties
Great news yesterday on High End Homes in the North Atlanta Metro Area. The High End Market has been one that has not had many transactions for many years. Yesterday, it was reported that more High End Homes on the market are starting to sell. Of these transactions, 32% were cash buyers. This is a good sign that the market is starting to level off and consumers are beginning to feeling confident. This will eventually pass down to the entire market.
If you have been thinking of moving up or you have been waiting to buy, now is the … (0 comments)

roswell: FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales - 01/06/12 07:42 AM
RayHRealtor  PalmerHouse Properties
The Federal Housing Administration (FHA) is extending the temporary waiver of its property anti-flipping rule through the end of 2012.
The new extension announced late last week will permit buyers to continue to use FHA-insured financing to purchase HUD-owned and bank-owned properties, no matter how long the homeowner has held the title, through December 31, 2012.
FHA says the waiver will allow homes to resell as quickly as possible, helping to stabilize real estate prices and revitalize communities experiencing high foreclosure activity.
“This extension is intended to accelerate the resale of foreclosed properties in neighborhoods struggling to overcome … (1 comments)

roswell: 2012 Market Update - 01/03/12 09:51 AM
RayHRealtor - PalmerHouse Properties
Good news from many new sources that the Real Estate Market is starting to level off. Analysts are predicting that 2012 will mark a turnaround for the real estate market, after years of a drastic slowdown in activity. Pending Home Sales Index reached its highest level in a year and half. Pending home sales — a gage for the future of the market — increased 7.3 percent in November to a reading of 100.1.
It is the best time to buy with the prices and interest rates at historical lows. With this bright news, don't let this … (0 comments)

roswell: Rental Market Takes Shaper - 12/28/11 08:18 AM
RayHRealtor - PalmerHouse Properties
The multifamily market continues to post gains.
"Rents are rising, vacancies are falling, household formations are growing and rental supply is limited," according to a recent report, “2012: The Year of the Landlord,” issued by Morgan Stanley. "We believe the demand for rental properties will continue to grow."
Vacancies of rental properties dropped to 9.8 percent in the third quarter of this year compared to 10.3 percent earlier this year.
Led by strong gains in multifamily housing, groundbreaking for new-housing market soared 9.3 percent in November. Construction of multifamily homes of at least two units increased 25.3 … (0 comments)

roswell: Home Prices Leveling Off - 12/28/11 07:57 AM
RayHRealtor - PalmerHouse Properties
Many buyers are waiting to see if the Housing market is going to continue to drop. According to Kiplinger, the market may finally leveling off and we might start seeing a gain in 2013 . With interest rates still hovering under 4% this is the best time to buy or invest in Real Estate. We may never see prices and interest rates this low again. If you have been waiting to buy or invest in Real Estate, this may be the best time.
You have many options when buying Real Estate today. There are Short Sales, Foreclosures, … (0 comments)

roswell: Rates From Fidelity in GA - 12/17/11 07:56 AM
Interest Rate Update for Friday, December 16, 2011
Rates are Awesome
Conventional Conforming:                                            Government:                                       
30 fixed: 3.875%    ( .500)                                                  FHA 30 fixed:  3.750% * (1.500)          
15 fixed: 3.125%                                                                 FHA 5/1 Arm:  2.750%                    
5/1 Arm: 2.750%                                                                 VA 30 fixed:    3.750%   ( 1.375)                  
*Lender credit.
What is a lender credit? Lender credit is money the lender pays towards your closing cost. If you have a 200K loan amount and are getting a 1 point lender's credit, the lender is giving you $2000 towards your closing costs.......
Loan limit for FHA is back to the … (0 comments)

roswell: Rates Drop Again - 12/16/11 04:15 AM
RayHRealtor - PalmerHouse Properties
Interest Rates down below 4% again this morning.  With Home prices and Interest Rates at historical low, now is the perfect time to buy or invest in Real Estate.  Home prices are lower in the Winter months.  Call me today and I can help you find the most ideal property.
RayHRealtor - PalmerHouse Properties

roswell: Tired of Distressed Homes? - 12/15/11 02:47 AM
RayHRealtor - PalmerHoues Properties
Are looking for a home and interested in finding the right one? Many buyer are searching for a great deal and think that a Distressed property is the best way to go. As more and more properties sit for years vacant, they are deteriorating and need major repairs and updates. If you are interested in buying and want a nice home, call me and I can show you homes that are a good buy and not in a distressed situation. You still can get a home that is reasonably priced and in good condition.
RayHRealtor - PalmerHoues … (1 comments)

roswell: Buying a Short Sale - 11/16/11 01:37 AM
PalmerHouse Properties - Roswell
The market has all kind of options when buying a home. A Short Sale can be a great buy if you know the process. Typically these properties are in better condition than foreclosures as the are usually still occupied and are in better shape. You must have patience when purchasing a Short Sale because they can take anywhere from 60 days to 6 months to close.
As a Realtor who has a CPDE (Certified Distressed Property Expert) designation, I have all the knowledge to facilitate this type of transaction. Call me today and I can … (0 comments)

roswell: Sitting on the fence to buy? - 11/13/11 04:05 AM
PalmerHouse Properties - Roswell
Are you a buyer who is sitting on the fence wondering if it is time to buy? Well the rates dropped again to below 4% and the home prices are the lowest we will ever see. Imagine if you could buy a house with a payment that is equal to what a car payment is. It is true and you can get a house with only $100.00 through HUD. Today there is as many options to buying a home. In today's market you need a Realtor that has all the knowledge of all programs to buy … (0 comments)

roswell: First Time Buyers - 11/01/11 06:06 AM
Roswell - PalmerHouse Properties
Are you a first time buyer who renting and have been thinking of buying? Now is the best time to buy a home than ever before.  The home prices and interest rate are lower than we have seen in decades.  Do not let this opportunity pass you up.  Home ownership can be cheaper than renting now as rental market are currently going through what the housing market did during the boom years.
As a fist time buyer in this market you need to know all your options.  On the finance side FHA has many attractive offers and you can … (0 comments)

roswell: Foreclosing and Deficiency Judgment - 10/31/11 01:58 AM
Roswell - PalmerHouse Properties
Are you one of the many homeowners struggling to make your mortgage payment and not sure what to do? Thinking of walking away, foreclosing or giving the keys back to the bank. Make sure you understand that once the bank takes back the property and sells it they will file a deficiency judgment for the difference of what you owe on it and the amount they sell it. Lets say you owe $200,000.00 and the property is sold for $160,000.00 the bank will file a deficiency judgment for $40,000.00 and any legal expenses. They will come … (0 comments)

roswell: Roswell Foreclosures - 10/29/11 12:52 AM
Roswell - PalmerHouse Properties
Roswell has many upscale neighborhoods that have upscale homes for sale.  Some of these homes are Foreclosures or REO properties and are a terrific buy.  Theses luxury homes can be found in Brookfield Country Club, Litchfield Estates and many others in the area.  Don't let these terrific buys pass you by.
As a Certified Distressed Property Export, I have the tools to easily purchase these homes.  Call me today and we can find you the best Luxury home at the best price.
Roswell - PalmerHouse Properties

Ray Hutto, REALTOR - Roswell

Ray Hutto

REALTOR - Roswell

Roswell, GA

More about me…

Address: 4651 Sandy Plains RD, Suite 100, Roswell, GA, 30075

Office: (404) 510-3340

Mobile: (404) 510-3340

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