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Real Estate Finance and Mortgage

Found 23 blog entries about Real Estate Finance and Mortgage.

Real estate is moving fast in metro Atlanta. Homes are selling in record time, often on the first day listed. To navigate this fast-paced market, it’s more important than ever before to have an experienced, trusted listing agent on your side.

Getting the Right Price

Your listing agent will start with a current market analysis, using other homes in the area, your home’s unique features, and the latest market trends to determine what your home is worth. Because demand for homes has risen so quickly in 2021, it’s not uncommon to receive multiple offers far over asking price. But the baseline is still important. Setting an accurate starting point will determine how much money is in the seller’s pocket at closing.

Sorting Through Multiple Offers

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The real estate market in Metro Atlanta is on fire this spring. Homes are selling at a record pace. Multiple offer situations happen every day. There is a shortage of homes for sale, which means competition is fierce. How can you, as the buyer, be a top contender and hopefully the winner when it comes to the home of your dreams?

Rule No. 1 – Don’t Wait

In today’s fast-moving market, the buyer that waits is often the buyer who misses out. We understand how big the decision to buy is, but thinking it over for 24 hours gives all the other buyers (and there are a lot of them) time to move before you do. Believe it or not, homes today are selling even before they are officially listed, which makes working with a qualified PSP Realtor even more

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Attention Agents: Just in time for a holiday shopping spree, get a $1,000 selling broker bonus* at Cottages at Noble Village! This is Gwinnett's beautiful, new 55+ active adult community located in the heart of revitalized Downtown Lilburn. These are luxury townhomes with fantastic amenities starting in the low $300's. 

There are move-in ready homes available TODAY for a quick close at Cottages at Noble Village. Visit this week to tour a gorgeous ranch-style townhome, complete with luxurious finishes including granite, tile, hardwoods, and stainless-steel appliances. Every floorplan is open-concept with an island kitchen and a spacious living room. Owner's suites are well designed for maximum ease of use, including a zero-entry, fully tiled

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Welcome home to Cottages at Noble Village, Lilburn's newest and best 55+ active adult community! We're celebrating the Grand Opening of this great new community with socially distanced tours and up to $20,000* in savings on select homes. Plus, register to win a $150 gift card! Agents and buyers are invited this Saturday, August 1, 2020 from 11 a.m. until 5 p.m. Bring your smart phone to scan QR codes along the tour for a unique way to stay safe while you view these luxury finishes and Noble Village's outstanding amenities.

Luxury Townhomes

 

Each home at Cottages at Noble Village is a showcase of main level living, designed for convenience and ease. Not only does each home include a stainless-steel refrigerator, but it also comes with a

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For many of us, it feels like the world has been put on pause. While we all stay home, doing our part to slow the spread of Covid-19, many have also put their plans of homeownership on pause. The real estate market, though, is still open for business. Even if you have decided to wait, there are steps you can take to keep your dreams of owning a home alive and well.

  1. Get Pre-Approved – Contact a lender to complete the early paperwork (all online) that will instantly make you a more qualified buyer when you are ready to look for a home in earnest.
  2. Maintain Your Financial Health – Don’t let current circumstances ruin your credit. There are many resources available today, including the recently signed CARES Act, to help you through this crisis.
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At Peggy Slappey Properties, we know many of you are struggling as a result of the coronavirus health crisis. But there is good news out there for small businesses, families, and individuals who have been impacted financially. Major banks are offering interest free mortgage relief, the federal government has launched its small business stimulus aid programs, and local charities are mobilizing to deliver more food to more families than ever before. The best time to seek out assistance is now, and we’ve found a few helpful links to get you started.

  • Increased Unemployment Benefits via the CARES (Coronavirus Aid, Relief, and Economic Security) Act

  • Mortgage Help for Homeowners – Fannie Mae & Freddie Mac

  • Coronavirus Relief Options

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At Peggy Slappey Properties, the health and well being of our clients and customers is always important to us, and now more than ever we are taking extra precautions to ensure we all stay safe while the business of real estate continues. Our industry is one of the lucky ones – showings do not require large groups of people to gather and there are plentiful cautionary measures we can all take to reduce the risk of exposure during this time of social distancing.

What Buyers Can Do

  • If you don’t feel well, please stay home.
  •  Disinfect/wash your hands before entering a home AND after each showing.
  •  Drive your own vehicle to showings instead of ride sharing with your agent.
  •  Wear booties or shoe coverings while you tour homes. Your PSP
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The first flowers of spring have just started to bloom in Metro Atlanta, but home sales are already hot. It is arguably the best real estate market our area has seen in more than a decade. If you are waiting for the traditional spring selling season to arrive before you list your home, you’re in luck – the busy season is already here!

1.       Homes Are Spending Less Time on the Market

Buyers are highly motivated right now. They know that choices are slim, and when they fall in love with a home, they are acting quickly to make it their own.  The average number of days on the market does vary according to location. If you’re curious how quickly homes are selling in your town, contact us at 770-271-5555 to speak with a highly qualified agent from

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Looking to buy a home in the near future? Listen up! These are the top five money mistakes that can jeopardize your purchase:

New Loans

Once you have secured financing, do NOT open any new lines of credit.  This means no new store credit cards, car loans, or financed purchases of any kind. If your new home needs new furniture, either use cash or wait until 30 days after closing so your debt-to-income ratio does not change.  After all, the furniture won’t do you any good if you can’t buy the house to put it in.

Missed Payments

Make all your standard monthly payments on time.  Just before closing is not the time to be forgetful about that credit card bill you’ve had since college.  Keep your credit score impeccable and unchanged in the

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This past weekend brought an unexpected blast of winter to North Georgia, reminding us all that no matter what happened on Groundhog Day, Spring is still many weeks away. Maybe you’ve heard that the best time to buy or sell a home is during the busy spring market, traditionally the hottest time of year in real estate. However, in 2020 that old “rule” has been upended.

January 2020 was one of the busiest on record for Peggy Slappey Properties agents. Traffic in new home communities is way up from previous years at the same time, and resale properties – especially in Gwinnett County – are hot. This is great news for the metro Atlanta real estate market, and even better news for both buyers and sellers.

Inventory Remains Low

If you’ve been

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