newnan foreclosures: An ounce of prevention is ALWAYS worth a pound of cure!! - 09/30/14 04:20 AM
It's no secret that our current real estate market in Newnan is fast and furious....even now, during the "slow" months, properly priced homes are selling at record pace. Now...given this information, it's important that Buyer agents are diligent in representing their client's interest to the fullest.
 
Here's the scenario....
 
I have an absolutely HAUTE short sale listing in a VERY fast paced market that recently came back on the market. As expected, we've had a FLURRY of activity and it wasn't long before a full-priced offer was submitted. Prior to sending the offer, I emailed the buyer's agent with … (2 comments)

newnan foreclosures: Beautiful 3bdrm/2bth Ranch Style Home On Full Basement & 1.8 Acres!!! - 05/07/11 09:14 AM
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newnan foreclosures: Contemplating Buying A Short Sale?? What's in it for you?? - 07/28/10 03:19 PM
For years, the term "short sale" has been the antithesis of the real estate market....from holding your breath for seemingly an eternity waiting for a loss negotiator to let you know whether or not you've reached their "golden figure" to wondering whether or not the listing agent is acting as an automatic offer vessel funneling as many offers to the lender as humanly possible. Let's face it, for so long it was the "Wild, Wild West" of the real estate industry.
 
Then, all of a sudden, lenders (and Realtors) began to actually conceptualize the idea that the notion of selling … (2 comments)

newnan foreclosures: What's The Strategy Behind A Strategic Default????? - 06/03/10 11:12 AM
I read a blog post today by Teresa Boardman on the Inman Daily News (PM Edition) titled, " Would You Walk Away". In a nutshell, Ms. Boardman spoke about a young man who purchased a home with his fiancee who eventually walked out on him....and her mortgage obligations. This young man struggled to make the mortgage payments and contacted his mortgage company repeatedly attempting to get a loan modification, but to no avail. He was told that since his payments were current, he didn't qualify for a modification. He found a roommate who refused to uphold his end of the bargain … (4 comments)

newnan foreclosures: Beautiful 4 bdrm/ 2 bth Ranch W/ Upgrades Galor On Full Basement!!!! - 05/13/10 02:32 PM
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newnan foreclosures: Beautiful HUD-owned Ranch Home W/ Upstairs Bonus!!! - 10/28/09 11:34 AM
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newnan foreclosures: HUD's New Overbid Policy.....Finally, Someone's Been Thinking!!!! - 10/15/09 01:41 PM
Finally......an answer to our prayers!!!!! HUD has finally adopted a new policy to handle people who unnecessarily "tie-up" great HUD owned homes for months only to terminate the contract because they realize that they have to come to the table with thousands of dollars....Let me sum it up for you...
Here's the scenario....
Buyer finds excellent HUD deal on a home that's being offered for it's "as is" value at $110,000. Buyer, who's approved for $150,000 (FHA Loan) wants the home really badly. The Realtor advises that HUD-owned properties are hot commodities and that this one will solicit multiple bids and that, … (6 comments)

newnan foreclosures: Beautiful HUD-owned Traditional Home for Less $$$$$ - 10/14/09 02:42 AM
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newnan foreclosures: Buying A Home???? Does "No Money Down" mean "No Money At All"????? - 10/13/09 01:03 AM
Unfortunately, I've experienced the same scenario one too many times and the end result has always been the same......an excited home buyer goes crazy over USDA Rural Development's 100% financing loan or HUD's $100 down payment program and mistakenly think that this means that purchasing a new home can be done with  NO FINANCIAL INVOLVEMENT OR COMMITMENT on the part of the purchaser whatsoever!!! This couldn't be farther from the truth!!
As frustrating as this problem may be, it still falls back into the realms of an improper Buyer Consultation...As Realtors, present company included, we MUST ensure that our clients fully understand the … (0 comments)

newnan foreclosures: Gorgeous HUD owned family home located in amenity-filled Summergrove subdivision!!! - 08/29/09 07:26 AM
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newnan foreclosures: Great HUD owned Ranch Styled Home In Golf/ Swim/Tennis Community!!!! - 08/12/09 01:31 AM
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