Mark Lackey's (marklackey) Blog

First Time Home Buyers Credit of $8,000 / $6,500 Second Home Buyers Credit and Short Sales Don't Mix    We just got the banks acceptance of a short sale offer, which had been at the bank awaiting approval for four months.  My buyer is estatic. Think about it, four months to get approval and then ...

Just a reminder, if you think some of your properties declined in value over the past year or two, you might want to "re declare" your property value with the Gwinnett County Tax commission. [also applies for other counties] To do so, you must fill out a form called-- Property Tax Return Form, an...

BIRDS OF PEACHTREE FOREST LAKE NORCROSS, GA by: Jim Feeley (Updated Sept. 2004) Ever since I moved here in 1982, I have kept a list of the species of birds observed (in some cases heard) from my backyard ‐ in it, in the adjacent yards, flying overhead, and of course swimming on the lake. The pre...

  *** The UPCCA would like to Remind you to Join us on Monday, January 25th *** UNITED PEACHTREE CORNERS CIVIC ASSOCIATION ***Invite your Subdivision, Friends and Neighbors*** Monday, January 25, 2010 7:30 - 9:30 p.m. Christ the King Lutheran Church  5575 Peachtree Parkway, next to the Wachovia B...

A few years ago we bought a new home and every Saturday and Sunday when we wanted to sleep in we were awoken with the rhythmic music of the tapping of hammers.  Well that music of tapping hammers died a few years ago, when new home construction came to a near halt.    Like the line in the Don McL...

One of the biggest fears that my Sellers express is that loans are not available.  They hear on the news that loans are hard to get.  This is definitely not the case. This year I have experienced only about 10-15% of purchase and sale contracts fall out due to inability to obtain financing.  Some...

I know a couplethat are upside down, with the property worth less than the outstanding mortgage amount.  They need to sell to move onto a new job in another city.  Left with little alternatives other than give the keys to the bank or ask the bank to accept a short sale, they chose the latter. Onc...

This January sales were the best I have had in the last few years.  Sales were spread equally between first time homebuyers, moving up, (putting trailing home into rental service) and investors. They were all able to easily find financing.  We had conventional mortgages, FHA mortgages and constru...

I have been driving buyers around in the last week and it is tough to narrow down the choices.  There are so many homes to choose from.  Buyers looking for deals are attracted to the distressed foreclosures, first time buyers want pretty houses and some buyers are even willing to take on a partia...

I am currently working with an Atlanta Buyer that want to find a deal in a bank Real Estate Owned (REO) property.  Having worked with a bank handling their listings and on the buyers side handling many transactions it is an education process to keep my Buyer from being over anxious. We are in the...