short sale: Lawrenceville Short Sale Amazing Price for Newer Home - 01/27/12 07:58 AM
Check out this newer home priced way below the selling price of new homes.  So much house for the dollar.  295 Kubol Drive Lawenceville, GA 30045.  $139,900






short sale: 34.5 % of Atlanta Home Owners Underwater On Mortgage - 12/03/11 02:18 AM
1/3 of Atlanta Homeowners Underwater
1 out of 3 Alanta homeowners owe the bank more than their home is presently worth according to statistics released by CoreLogic.  
"Numbers released this week show that 34.5 percent of all local homeowners owe more on their loans than their homes are worth, or underwater. That’s down from 35.7 percent in 2010. The national average for underwater loans is 22.1 percent."
What are your options if you have to sell your home at a time when you are underwater on your mortgage
1. Bring cash to … (6 comments)

short sale: Need to sell your Emory-CDC neighborhood home? We have experience negotiating with short sales and Banks! - 08/12/11 10:05 AM
If you are underwater on your home we can help.  Many home owners in the Emory University and CDC neighborhoods owe their bank more than the home is worth in today's market.  If you need to sell, we can help you by marketing your home as a "Short Sale" and negotiating with your lender to accept a payoff that is less than you presently owe on the home.
Life goes on even if the housing market has made it difficult to pull up stakes and move to another city or neighborhood. Short sales are an opportunity to sell your present home and … (2 comments)

short sale: What's The Difference Between A Short Sale And A Bank-Owned? - 12/23/10 11:32 PM
What is the difference between a short sale and a bank-owned home?
Real estate lingo has always been difficult to understand.  All the abbreviations and initials have made it hard for non real estate types to understand what we are talking about.  In the present market the two biggest concepts buyers need to understand are:
1. Short Sale
2. Bank Owned
There is a big difference in the two even though banks control the sale in both instances.
My Active Rain Associate Karen Fiddler breaks it all down:

BanksLendersShort Sale LendersBank NegotiatorsAsset Managers
These are all terms seen in … (5 comments)

short sale: Bank of America Halts All Foreclosure Activity - 10/09/10 08:46 AM
Bank of America Halts All Foreclosure Activity
"Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens of thousands of cases for flaws, expanding a crisis at a perilous time for the housing market." Associated Press
Bank of America appears to have called off all foreclosures, in 50 states, so they can get their paperwork in order.  In fact, there is some question as to the legality of foreclosures Bank of America has already processed. 
What does this mean for Bank of America Mortgage holders?  If you are behind on your BAC … (3 comments)

short sale: Variations Short Sale: 2105 Clairmeade Valley Road - 10/01/10 01:03 AM
Variations Short Sale: 2105 Clairmeade Valley Road
Buy in to a great neighborhood at a rock bottom price.  Short sale requiring lender approval.  But, look at the opportunity to create equity as you purchase this lovely town home.  Variations is located off Clairmont road and is one of the friendliest communitys near Emory University and the Centers for Disease Control.
2105 Clairmeade Valley Road Atlanta Georgia 30329 for sale at $123,000
¨ 2 BRs * 2.5 BATHS.  Room mate floor plan.
¨ Variations Condominiums off Clairmont Road
¨ 2105 Clairmeade Valley Road Atlanta Georgia 30329
¨ Delightful town home in a quiet garden neighborhood convenient … (0 comments)

short sale: Hot on the Market: 2141 Shady Lane in Tucker, Georgia 30084 - 10/01/10 12:35 AM
Delightful Tucker 50's brick ranch.  Gutted to the studs and rebuilt in 2006.  Unbelievable value!  Short sale so lender approval required.  Once in a lifetime opportunity to pick up an amazing bargain.  Great investment property or first time home buyer opportunity.
¨ 3 BRs. 2 BATHS (plus partially finished third bath)
¨ Tucker GA 30084.
¨ Hardwood floors in most rooms.
¨ Total renovation in 2006. Gutted to studs.
¨ New sheet rock,
¨ New energy efficient windows,
¨ New energy efficient HVAC,
¨ New kitchen,
¨ New cabinets
¨ New appliances
¨ New baths,
¨ New roof,
¨ New driveway,
¨ New water heater,
¨ Former garage enclosed and finished for home office, Third … (2 comments)

short sale: JP Morgan Chase Halts Foreclosure on 50,000 Homes - 09/30/10 01:09 AM
The Associated Press reports in the Atlanta Journal and Constitution that JP Morgan Chase is halting foreclosure on 50,000 homes because of improper paperwork. 
JPMorgan halts 50K foreclosures for possible flaws
Earlier this month GMAC Mortgage LLC is reported to have " halted certain evictions and sales of foreclosed homes in 23 states to review those cases. The company said it found procedural errors in some foreclosure affidavits"
The key point here is that the foreclosures have been delayed.  But, foreclosures will start up again once the banks have their paperwork back in order.
JP Morgan CHase and GMAC Mortage holders may have … (6 comments)

short sale: SUN TRUST Short Sale in Sagamore Hills CLOSED in 90 Days - 09/30/10 12:42 AM
Last April, just before the Tax Credit was about to expire, I listed a home for sale in Sagamore Hills.  It was a lovely home and the owners had every hope it could be sold without a short sale.  Unfortunately the market was continuing to slide downward and a short sale became the new reality.
We had the home under contract by June.  
Once under contract, we started work on the short sale.  The selling agent was short sale savvy, the seller was motivated and capable and the buyer was ready to "do what it takes" to get it closed.  Sun … (2 comments)

short sale: Short Sale in Hawthorne Elementary School District is a Diamond in the Rough. - 09/25/10 08:52 AM
Short Sale in Hawthorne Elementary School District is a Diamond in the Rough
I have a listing that has been on the market for a while.  It is located in an excellent Elementary School district.  The home is spacious and has a nice floor plan.
We have lowered the price steadily over the past 6 months.  We are now priced at $259,900 which is well under the market.
The problem, as I see it, is a lack of vision on the part of potential buyers.  When they see the kitchen, they immediately assume this admittedly disappointing appearance of the kitchen cabinets … (0 comments)

short sale: Must Sell in 30 Days to Stop Foreclosure: 3411 Glenrose Trail Atlanta Georgia 30341 - 07/30/10 01:24 AM
Short sale in Glenrose Subdivision off Henderson Mill Road near Northlake Mall.  Priced belwo market because it must be under contract in 30 days.  Lender iniitiated short sale transaction to avoid foreclosing on this property.  Extra nice 4 BR 2,5 bath home with updated kitchen.  Volume ceilngs.  Looks great inside and out.
Must Sell in 30 Days to Stop Foreclosure: 3411 Glenrose Trail Atlanta Georgia 30341
Priced at $209,900
Henderson Mill Elementary School
Henderson Middle School
Lakeside High School
Easy commute to Emory, CDC  and VA.  Inside I-285. Shopping, restaurants and services nearby at Northlake Mall.  MARTA bus stop in front of … (0 comments)

short sale: Short Sales Offer An Alternative to Atlanta Foreclosure - 07/29/10 08:44 AM
Have you reached the end of your economic rope?  Many Atlantans have experienced loss of income and do not have the ability to make mortgage payments.  Does this mean foreclosure is inevitable?  Maybe not. especially if you are willing to communicate your situation with your lender.
Short Sales Offer An Alternative to Atlanta Foreclosure
When overwhelmed with unpaid bills and mortgage payments, the natural tendency is to stick your head in the sand and hope it will all go away.  Not going to happen, when you finally pull your head out of the sand you will find all the bills, bill … (0 comments)

short sale: Fannie Mae Penalizing Strategic Defaulters - 07/19/10 06:45 AM
Fannie Mae says it will start penalizing "strategic defaulters" who walk away from Fannie Mae insured loans.  Strategic defaulters are borrowers who walk away from mortgages they can afford to pay. 
"Starting in October, Fannie Mae says, strategic defaulters will be disqualified for new Fannie Mae-backed loans for seven years after their foreclosures. Fannie also says it will go to court where it can to recoup outstanding mortgage debt from borrowers who strategically default.
Under a bill that's passed the House and awaits Senate action, the Federal Housing Administration would be barred from insuring mortgages for those … (3 comments)

short sale: Will Short Sales Meet the 2010 Federal Tax Deadlines? - 02/26/10 11:25 PM
Will Short Sales Meet the 2010 Federal Tax Deadlines?
Will home buyers be added to the list of consumers suffering financial harm because of the actions of soulless Big Banks and major lenders?  I am concerned because this may be the last shot first time home buyers have at the $8,000 federal tax credit.

What deadlines?
Home buyers must be under contract by April 30, 2010 and then close in 90 days.  From 
"an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on … (10 comments)

short sale: Short Sale Listing in Tucker Georgia Great Buy For First Time Home Buyer - 02/25/10 11:19 AM
Short Sale Listing in Tucker Georgia Great Buy For First Time Home Buyer
I have a listing at 1714 Gloucester Way that will be a steal of a deal for a first time home buyer.  This is a short sale.  The lender will have to approve the price.  That's because the current price is less than the owner owes on the mortgage.  It needs some cosmetic love but the "bones" look great to me.  The yard is out of control but some weekends with a saw and some leaf bags could perform a metamorphosis on this ugly duckling.

Steal A … (0 comments)

short sale: 3 BR Northlake Condo Under $115,000 | Henderson Park Unit 3 G | 3301 Henderson Mill Rd Atlanta 30341 - 02/24/10 02:47 AM
3 BR Northlake Condo Under $155,000 | Henderson Park Unit 3 G | 3301 Henderson Mill Rd Atlanta 30341
Lots of space in this 3 bedroom 2.5 bath Condominium in the Northlake Embry Hills Neighborhood.  Pick up a great deal on this short sale.  Priced under 2 bedroom units in the same complex.  New paint.  Very private balcony and patio.  Rec room on terrace leve.  Must see inside!!!!
Walk across Henderson Mill Road to Kroger Shopping center, diner, banks, The Loop and other restaurants.  On MARTA bus line.

¨ Atlanta, GA 30341. Henderson Park Condominiums.
¨ Short … (3 comments)

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Sally English

Sally English Atlanta Real Estate Agent

Atlanta, GA

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The English Team

Address: 3350 Northlake Parkway, Atlanta, GA, 30345

Office: (770) 939-3174

Mobile: (404) 229-2995

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Atlanta real estate news from Atlanta real estate agent Sally English. Sally English and the English Team specialize in neighborhoods convenient to EMORY UNIVERSITY, CENTERS FOR DISEASE CONTROL and VA MEDICAL CENTER. Call or text 404-229-2995 SallyEnglish




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