Explore Lawrenceville, GA

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 1
Seems that each time I turn on the TV or read some real estate blog I hear the numbers are up the numbers are down. The shadow inventory is here no its gone .. well I found the following report at Inman News and they give just the numbers no opinion - Thank you Final I can see the forest through...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Home loan applications down 35% - what does it mean for sellers ? If Cash is King then a fully Qualified Buyer must rule the universe in today's market. Today's Resale Seller need to do anything  and everything possible to get and keep that  buyers attention.   One simple  rule: Sellers don't he...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
The National Association of Realtors Pending Home Sales Index dropped 11.6 percent to 81.9 in April, the lowest since September. Pending home sales lead existing home sales by a month or two. "There may some temporary factors like bad weather in the South," said Gus Faucher, director of macroecon...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Last week the House Financial Services Committee put forth a "discussion draft" on FHA reform.  The draft has a number of good provisions (providing increased lender enforcement, other risk avoidance tools, etc).  However, there are several provisions that I STRONGLY oppose.    The first would ra...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Mortgage Defaults Boost Credit Card Payments - Go Figure When people stop paying their mortgages, they have a lot more money to spend on everything else, Cramer told viewers Monday. And the beneficiaries appear to be retailers. Seems barrows are more concered about on time payments for Credit Car...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Current numbers show that 17,000,000 homes expected enter the foreclosure list A break down by the numbers 3,000,000 Homes currently owned by the bank via Foreclosure 4,000,000 Homes currently owned by Fannie Mae Freddie Mac an additional 10,000,000 homes purchased between 2005-2007 underwater - ...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Has the ready set Go no Wait Game of self imposed foreclosure moratorium cost the lenders more than can be recovered in the sale  With the increase in aging, non listed, non sold, shadow inventory on the raise and total debt now exceeds the original loan how will banks clear the inventory offer ...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 2
Given today’s guidelines what are the absolute bare-minimums to obtain a mortgage? ….and perhaps more interesting…how to obtain a mortgage immediately after a Short Sale..read on… By far the easiest mortgage to obtain is a FHA loan: 1) 3.5 percent down payment, based on the purchase price of the...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 3
Well I guess it's  official -  Foreclosures will continue to slow housing prices and over all housing recovery for the next 3- 4 years ?  "A full housing recovery is three to four years off as the nation grapples with a shadow housing inventory of 4.5 million distressed properties", according to...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
 Georgia will sell at an auction held  June 5th 2011 , with Hudson & Marshall (H&M)s handling the sale for a major regional bank.  Preview properties at www.hudsonandmarshall.com. Properties can and will be SOLD during the  presale period so contact me today to get registered for bid both online...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
How would your Family rate your Follow Through? How would your Clients rate your Follow Through? Do you avoid following up becasue A) you dont have and ansewer B) You know they are not going to like the ansewer you have. A baseball coach once today me you cant hit the home run unless you flow tho...

By Myers Jackson, America's Auctioneer
(Auctioneer, Texas Flip N Move )
Comments 1
Certified Bank Owned is still getting the hits. Search engines are the most popular way to get information instantly. With some of the most popular search engines getting all the attention and well deserved attention that is, we must not forget the millions of searched accomplished each day thro...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
A bill, introduced in the U.S. House yesterday and strongly supported by the National Association of Realtors®, would impose a deadline of 45 days on lenders to respond to short sale request. The legislation, the “Prompt Decision for Qualification for Short Sale Act of 2011,” was offered in Cong...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 2
For many people, the sale of their house is the most complex legal procedure they will face in their lifetime. If you assume you can do all the work on your own, you might be putting yourself at risk by not using the right forms, using the wrong wording in the sales contract, or not filling out t...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Cathy Q: Can I ask why it is that REO agents cannot update their inventory in the MLS? I have wasted untold hours yesterday and today writing an offer for a buyer because the listing agent would not return my call until AFTER the offer was submitted (19 hours) only to tell me the property had bee...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
Housing inventory around the country is on the rise, as sellers look to capitalize on the spring home buying season.  Home sale inventory was up 2.97% in March and up 6.83% over the three months ended in March, according to the Altos Research 10-City Composite Index.  The index is a statistical c...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 2
Starting in April, a series of technology enhancements are being implemented to improve the short sale process. Agents can now initiate a short sale in Equator prior to marketing the property.  The benefits of this type of "pre-offer program " will  include gaining investor agreement for a list ...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 0
I have to ask is there a value - once registered then what ? Oh is this just a State / County back door, or does it provide a readymade list for code compliance officers to check up  on properties and help maintain property values.  How well is it working in your area ?    PENDING GA. House Bill...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 2
Over and Over again I have heard buyers asking when will the Buyer incentives be back... I guess buyers have learned that lenders will roll out Buyer Incentive all they have to do is wait. So here you are buyers the NEWEST Fannie Mae Buyer Program . Fannie Mae will offer up to 3.5% closing cost a...

By Eric Reid
(Renaissance Realty Group of Keller Williams Atlanta Partners)
Comments 1
 Where does your city rank - The upper Midwest Hold 3 of the 10 spots with cities # 1 Green Bay, Wis. # 2 Madson Wis. # 3 Minneapolis, Minn. - # 9 Fargo, ND - my collage town #10 Sioux Falls, SD  The average credit score, one of the best measures of financial responsibility, is finally starting t...

Lawrenceville, GA Real Estate Professionals