newnan coweta short sale agents: Strategic default....sounds good until your character is questioned. - 04/24/13 01:10 AM
I overheard an interesting conversation in the office yesterday. Apparently, an agent showed a rental property that was listed by another agent in the office. Of course, the listing agent asked about feedback and the showing agent excitedly mentioned that his clients were interested in the property. Their conversation quickly changed to the reasons why the prospective tenants are now choosing to rent and he mentioned that they were doing a strategic default on their home.....WHAT????
Do you mean to tell me..... that the individuals who are now breaking a contractual obligation just based upon a "strategy" has now decided to … (0 comments)

newnan coweta short sale agents: First...the marriage of peanut butter and chocolate....now this???? - 03/21/13 07:55 AM
To know me is to know that I LOVE peanut butter...I love it on a spoon by itself, on bread, with jelly, without jelly, with bananas, etc...I think you get the picture.
When someone felt it prudent to mix peanut butter with chocolate.....OH MY!!!! I was in absolute peanut buttery heaven!!!!
Now that you know how I feel about the peanut butter and chocolate.......
Recently...Bank of America announced that it was now processing it's FHA short sales through Equator!!!
WHADDAYA MEAN????
Gone are the days of
*Endless faxes that apparently dump into a black hole never to be retrieved again
*Unanswered … (5 comments)

newnan coweta short sale agents: I'm so glad that you have time to waste......Unfortunately...I don't! - 03/18/13 01:37 AM
First off, I'd like to say that I'm completely thrilled that our Real Estate markets are rebounding (quite well in some areas)! Secondly, I'd like to say that I am, in no way, against Investor Purchasers. In fact, I love them.....well, at least I like 'em a lot. However, no matter how well our markets are doing or how long we've been in the industry, we still must deal with the lunacy and absolute hilarity of some Purchasers.
Here's the short version......
Beautiful traditional home (4/2.5) on a full basement listed as a short sale for only $124,900. Mass investor Purchaser … (67 comments)

newnan coweta short sale agents: Ahhhh.....The Lovely World of Short Sales (Will the saga ever end)??? - 03/08/13 12:04 AM
UGH!!!!! Well, one thing's for certain.....we're never at a loss for drama in the world of short sales. I was just speaking with another agent on yesterday who was telling me about her short "sellers" who stopped the transaction a week prior to closing! The listing agent had fully ss approval with a waiver of liability, the buyer's loan had been fully approved through underwriting, and they were just waiting for the closing date to arrive. The Seller's determined that they were not yet ready to begin paying a monthly rental fee...YOU GUESSED IT!!!! They actually wanted to continue to live … (0 comments)

newnan coweta short sale agents: Gorgeous 4 bdrm/ 2.5 bth Traditional Home W/ Open Loft In Swim/Tennis Community For Only $139,900 - 09/08/10 04:50 AM
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newnan coweta short sale agents: Another Short Sale Success Story......2628 Sherlock Dr, Decatur, GA - 09/02/10 06:17 AM
                                 
 
This spaciously beautiful 4 bdrm/ 2 bth brick ranch with a finished partial basement was originally purchased with an FHA mortgage for $131,000 in 2006. We were able to get the sellers into the FHA Pre-Foreclosure Sales Program and successfully sold the home for $49,900. The sellers received $900.00 back at closing to assist in moving expenses AND A FULL WAIVER OF DEFICIENCY. The buyer received 3% in closing costs. The seller now owes their mortgage company NOTHING!!!!
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