Stress Free Home Selling in North Metro Atlanta Georgia!

The end of the school year is rapidly approaching in the Metro Atlanta area and everyone seems busy.   People may be busy planning graduation parties, summer vacations at the beach, backyard barbecues, or even planting that new vegetable garden.  This is also a time to reflect on the school year or even how we are doing with our New Years Resolutions.

Larencevill Georgia Real Estate For Sale

Ursula Lowther with Homes by Ursula and Keller Williams Realty First Atlanta is offering another Lawrenceville, Georgia Home for Sale at 1749 Wilford Dr, Lawrenceville, GA 30043

Maybe, you have been waiting for summer to arrive so that you can list your house for sale just as the North Metro Atlanta Real Estate market is heating up.  I know, you tell yourself,  “We will wait until the summer when things slow down a bit; Then we will sell our home.”  Only things never seem to slow down.

You have a list a mile long of projects that you meant to start, or finish.  “There is just no way that we’re ready”, you tell yourself.  “Where will we move?, How will we get all of this stuff packed up?, This house is so big but this is where we raised our family – we can’t leave?, We don’t even know where to begin. ”  Does any of this sound familiar?

Selling your home can be challenging.  In fact, selling your home can be more challenging than buying a new home.  You see, when you are buying a home, there is excitement, and anticipation, and new, new, new.

When you are selling your home, there are many emotional challenges that you will face, whether you are selling out of desire or necessity.  Especially when selling out of necessity (because you have to).

You have to be mentally prepared for the process:

The first thing you must do is DECIDE to sell your home.  Some of the top reasons that people decide to sell are:

1. New Home or Better Home

2. Downsizing

3. Moving Closer to Work

4. Loss of Income

5. Divorce

6, Medical Problems

7. Better Weather

8.  Moving to a specific school district

Once you have determined the Why of your move, setting your expectations will help you to avoid disappointment.

Homes by Ursula will provide you with the necessary tools to make the sale of your home as stress-free as possible.  You can get a copy of our free guide, Preparing Your House to Sell that will give you some useful information and checklists to help you plan the sale of you home.

Now that you have the information you need to sell your Metro Atlanta Georgia home, let’s begin.

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Home For Sale in Prospect Estates Lawrenceville, Georgia

Ursula Lowther, Homes By Ursula 678-825-4428, Real Estate Results,  Send an Email to Ursula, Keller Williams Realty First Atlanta, 404-531-5700

1749 Wilford Drive, Lawrenceville, GA 3004

4 Bedrooms and 2.5 Bathrooms on a corner lot with 2 car garage and rocking chair front porch. GAMLS#: 7264976

Lawrenceville, Georgia Home for Sale

Ursula Lowther with Homes by Ursula and Keller Williams Realty First Atlanta is offering another Lawrenceville, Georgia Home for Sale at 1749 Wilford Dr, Lawrenceville, GA 30043

This home is minutes from the Mall of Georgia, Interstate 85, And CoolRay Field – Home of The Gwinnett Braves.  The home is in the Mountain View High School District in Lawrenceville, GA.

At Homes by Ursula, your complete satisfaction with your real estate transaction is our #1 goal.  Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

If you are thinking about selling your home in North Metro Atlanta Georgia, don’t rely on a general overview of the market, get a customized evaluation of your home’s value that includes recent sales.

  •  Neighborhood and sold information provided by Onboard Informatics © 2011 Onboard informatics. Information deemed reliable but not guaranteed.
  • GreatSchools Ratings provided by GreatSchools.org
If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Homes By Ursula Goes Pending On Another North Metro Atlanta Townhouse Fast

Ursula Lowther with Homes By Ursula and Keller Williams Realty First Atlanta has put another one of her listings under contract significantly faster than market average .

1570 Chateau Club, Dunwoody, Georgia 30338

1570 Chateau Club, Dunwoody, Georgia 30338

The property is located at 1570 Chateau Club in Dekalb County, Georgia and is exclusively listed by Ursula Lowther.  The buyer’s agent is Jo Davis who is with Keller Williams Realty Peachtree Road.  The buyer will be obtaining conventional financing for the transaction.

“This home is less than 5 miles from Perimeter Mall and The Dunwoody Nature Center and I-285.  Whether you need easy access to the interstate or the soothing calm of local parks, this location has it all”, Ursula Lowther commented.

This home went from under contract after being active for only 14 days, which is 54 days faster than the average market time for attached homes in Dekalb County according to statistics provided by Georgia MLS.  “It takes focused marketing and a responsive process to get a property sold this quickly”, said Ursula.

Keith Lowther, also with Homes By Ursula stated, “This contract was negotiated over a holiday weekend.  With the seller’s out of town for Easter, all signatures and required documents for this transaction were managed electronically which allowed us to get the deal done.”

The transaction is scheduled to close by the end of May 2014.

Ursula Lowther of Homes By Ursula 678-825-4428 and Keller Williams Realty First Atlanta, 404-531-5700

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

How Rising Mortgage Rates Will Affect How Much House You Can Buy

I was recently speaking with a mortgage lender that we work with at Homes By Ursula and the very stimulating topic of mortgage backed securities came up.  I know, you are jealous and wish you could have been there.    I thought I would share the main point of this conversation with you.  This is critically important information for you to know, especially if you are buying a home in Metro Atlanta Georgia or anywhere else for that matter.

Residential Mortage Rate Chart

When the fed is tapering the buying of assets (mortgage bonds) rates go up

This graph shows a projection of the buying of mortgage backed securities this year in 2014. The FED announced that they will reduce the purchases each time unemployment numbers get better, however, they have tapered even with unemployment numbers staying the same.

The FED started Quantitative Easing after the market collapsed. They lowered the federal funds rate (the rate at which banks lend to each other) to ZERO (0%) to stimulate the economy. They kept injecting more and more money into the bond market and as the economy “recovers” they are tapering off.

The less in MBS (mortgage backed securities) purchases they make, the higher the rates will go. By the FED (Federal Reserve Bank) buying MBS they are subsidizing rates, which is pulling the rates artificially lower. If this projection is accurate, we will definitely see a hike in mortgage rates later this year.  Remember that with every 1% in rate hike, home borrowers qualify for an average of 11% less in sales price. For example, if your loan amount was 300,000 at an annual percentage rate (APR) of 4%, the Principal and Interest (P&I) would be $1432, but that same loan at 5% puts the Principal and Interest payment at $1610, exactly an 11.1% hike.

This means if you buy before rates go higher, you can qualify for a bigger home but if you wait and the rate increases by 1%, the maximum approved loan amount would be reduced by 11% to keep the payment the same. So, if your maximum P&I payment was $1450 per month, being qualified for 300k now would be reduced to 270k if rates go up 1%.  So, while youu may be qualified for a $300,000 mortgage now, if you wait around and the rate increases by 1%, you will only qualify for $270,000.

If you are selling you home, don’t think you can overlook this information.  The reason for this is twofold.  One, If you are selling your current home, you are probably buying another home.  If you will need financing for your purchase, this will affect you also,  Second, as the cost of borrowing money goes higher, there will probably be fewer buyers for you home.

While every situation is unique, whether you are buying or selling a home in Metro Atlanta Georgia, you need to consider more than just how many bedrooms and bathrooms there are.  The right timing for your real estate transaction could either make or cost you thousands of dollars.  Don’t wait to get the information you need.

At Homes by Ursula, we align ourselves with the best to make the sale or purchase of your Metro Atlanta home as smooth as possible.

I would like to thank Lindsay Moss-Frangie with WestStar Mortgage (404) 437-RATE (7283) for her generosity and time for providing the graphic, data, and explanation of the information contained in this article.

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Fulton County – North Metro Atlanta Real Estate Market Report by Homes By Ursula

Fulton County Georgia Real Estate Market Statistics for March 2014

678-825-4428 – http://www.HomesByUrsula.com – Sell your Atlanta Georgia Home with Homes By Ursula of Keller Williams Realty First Atlanta, North Metro Atlanta Residential Real Estate Specialist Providing You With Current market Data That You can Use When Selling or Buying Your Next Metro Atlanta Georgia Home

The real estate market in Fulton County Georgia continues to show signs of improvement through March 2014.   Recent data obtained from Georgia MLS indicates an increase in the number of single family detached homes for sale in Fulton County Georgia as compared to February 2014.

There are currently 1306 single family detached (SFD) homes for sale which is a 46.6% increase vs. February when there were 995 homes for sale.  This includes exiting homes as well as new construction.  There were 579 sales of SFD homes in Fulton County Georgia in March as compared to 395 sold homes in February.

The positive trend continued with both median and average sale prices increasing.  Average sale prices increased by 9.9% from $299,629 to $329,344, with the median sale price increasing from $205,000 to $250,000 or an increase of 22%.

There was a slight decrease in days on market for sold properties to 67 days from the previous month of 68 days.

As we continue on into the spring and summer months, the relatively low levels of inventory are expected to increase.  Many sellers traditionally list their homes for sale during the spring and summer months to take advantage of local schools’ vacation periods.

What this means to you is there has never been a better time to sell your home than right now!  Inventory is low but competition is increasing. 

If you have been thinking about selling your Atlanta Georgia Home,  call Homes By Ursula at 678-825-4428 today. Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market.

 

 

 

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

What can a North Metro Atlanta Home Buyer Expect in a Short Sale or Pre-Foreclosure Transacation?

What can a North Metro Atlanta Home Buyer Expect in a Short Sale or Pre-Foreclosure Transaction?

OK – You have found the home of your dreams and it is a STEAL! You make an offer and the seller accepts – YEA!!!!  But wait…. the seller’s bank has to do something…mmmm… Now What???

As a Buyer this market can sometimes be confusing.
Back in the day when you used to make an offer on a home, you would have it accepted in 48 hours, be in binding agreement, have 10-14 days to do your inspections,  closing within 30 days of contract, and joyfully move into your new home. This is not necessarily the process anymore.

If you are making an offer on a short sale (pre-foreclosure) home, you need to understand the process BEFORE you make the offer.

Step One –     You make the offer (same as always).

Step Two-      The Homeowner accepts or negotiates the offer (same as always).

Step Three-    You come to an agreement and go under contract (again same as always).

Step Four –     The offer then has to get ready to be presented to the bank for approval. (NEW STEP)

The listing agent and the seller work together to put together a package to send to the bank that includes but is not limited to:

* a hardship letter from the seller stating why they have to sell their home for less than what is owed
* a financial data sheet breaking down where every penny is spent
* a Preliminary settlement statement showing how much money the bank will receive
* the two most current bank statements
* the two most current paycheck stubs
* the last two years of tax returns and W-2’s
* the listing agreement
* copies of the listings from the MLS
* the listing history of the property
* area statistics
* the offer
* and the list goes on…

My short sale package is typically 60+ pages long. Most of this may already be in place but some of it such as the settlement statement, recent market stats, bank statements and paycheck stubs may have to be updated. I typically have this done within 1-2 days of offer but I would recommend giving 5 days to have this completed. The package needs to be completed thoroughly. If even one page is missing in this package the deal can stall. This package is designed to make the bank want to accept your offer. This is for the benefit of the seller (who is getting out from under a debt) AND for you the buyer (so that you can get a good deal). You want this done right the first time. YOU NEED TO HAVE PATIENCE!!!!

Step Five – The package is sent to the bank. (NEW STEP)

The bank will typically take anywhere from 72 hours to 7 days before they even acknowledge they have received it.Then it can take anywhere from 7 – 30 days depending on the bank for them to even open the file.

Please keep in mind that these banks are overwhelmed. They probably have a pile of 20-30 (or more) files on each persons desk that they have to go through. They are overworked and are learning on the fly.

Step Six They are now paying attention to YOUR OFFER.

Step Seven – The bank orders a BPO.

A BPO is a Broker Price Opinion. Either an appraiser or another real estate agent goes out to do an inspection on the property and determines the value of what the home is worth. This can take from 7-14 days. This is then sent back to the bank for their review.

Step Eight –
The loss mitigator at the bank accepts the offer and now sends it to his supervisor or the investor for final approval.

This step can take anywhere from 24 hours to 4 weeks depending on the bank and whether they have to obtain board approval.

Step Nine – They approve it! YEA!!!

Step Ten – They contact the listing agent and convey final approval of the offer.

Step Eleven – The clock starts ticking on all the inspections and contigencies that are tied to the binding agreement date.

This clock doesn’t start until this bank approval.

Step Twelve – YOU GO TO CLOSING!!!

Step Thirteen – YOU MOVE INTO YOUR NEW HOME!!! YEA!!!

This is a somewhat abbreviated version of the short sales process but it gives you a little more of an understanding.

Please understand that in a pre-foreclosure or short sale, the bank is accepting less than what is owed on the home. This is a distressed sale.

This entire process can happen in as little as 45 days, or as long as 4-5 months, depending on how backlogged the bank is.

PATIENCE IS A VIRTUE!!!

Listen, if you are buying a house that is worth $150,000+ and  getting it for $95,000 you are getting a STEAL!!! Your patience will more than pay for itself in the long run.

STOP NOW…Call us at 678-825-4428 if you need help with your Metro Atlanta Short Sale, or you can use our online form to request a confidential consultation about your short sale.

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Gwinnett County Georgia Real Estate Market Statistics for March 2014

 Gwinnett County Georgia Real Estate Market Statistics for March 2014

The real estate market in Gwinnett County Georgia continues to show signs of improvement through March 2014.   Recent data obtained from Georgia MLS indicates an increase in the number of single family detached homes for sale in Gwinnett County Georgia as compared to February 2014.

There are currently 1213 single family detached (SFD) homes for sale which is a 36.6% increase vs. February when there were 888 homes for sale.  This includes exiting homes as well as new construction.  There were 548 sales of SFD homes in Gwinnett County Georgia in March as compared to 466 sold homes in February.

The positive trend continued with both median and average sale prices increasing.  Average sale prices increased by 12.1% from $179,883 to $201,599, with the median sale price increasing from $159,000 to $168,800 or an increase of 6.2%.

There was a slight decrease in days on market for sold properties to 58 days from the previous month of 60 days.

As we continue on into the spring and summer months, the relatively low levels of inventory are expected to increase.  Many sellers traditionally list their homes for sale during the spring and summer months to take advantage of local schools’ vacation periods.

What this means to you is there has never been a better time to sell your home than right now!  Inventory is low but competition is increasing. 

If you have been thinking about selling your Atlanta Georgia Home,  call Homes By Ursula at 678-825-4428 today.  Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market.

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Who is Homes By Ursula, Inc.?

I would like to the take the opportunity to introduce myself. My name is Ursula Lowther and I own Homes By Ursula in Atlanta, Georgia.

Our Specialty is Residential Real Estate in North Metro Atlanta, Georgia.  We have chosen that as a specialty area because we live and work in North Metro Atlanta.  We do provide general real estate services throughout Atlanta, Georgia. We have a special focus in North Metro Atlanta and specialize in selling your home whether you are moving up, downsizing or investing in residential real estate.

We have a comprehensive marketing plan that we use to get your home sold.  We understand North Metro Atlanta Home Values  and how much fluctuation there is in Atlanta Home Prices. Therefore, we stay up to date on what’s selling, and focus intently on what’s not selling, and why. We don’t just put your home on the market, We market your home to sell; and We get Results.

Additionally, Homes by Ursula is different than most real estate agents in that we have systems in place to ensure that you transaction is handled smoothly and efficiently.  We work hard to anticipate and to resolve  potential issues that may come up in your home sale or purchase.

We also work with home buyers and have a team of experts than can assist you with financing, inspections, and all phases of your next Atlanta home purchase.

So if you are considering buying or selling a home in Atlanta, Georgia – Don’t just choose a real estate agent, Choose Homes By Ursula.

 

Visit Metro Atlanta Homes for Sale and register to get all of the hottest Metro Atlanta Homes delivered right to your inbox.

Or

Use this form to submit a request to find out what your  North Metro Atlanta, Georgia Home might sell for today. Upside down? That’s OK too. We have an Atlanta Short Sale Department ready to help you with a short sale for your gwinnett County Home.

Or call 678-825-4428 to speak with a Real Estate Agent today.

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

Motivated Seller! Well maintained townhome that is close to everything in a desirable Dunwoody neighborhood!

1570 Chateau Club, Dunwoody, Georgia 30338

1570 Chateau Club, Dunwoody, Georgia 30338

Motivated Seller! Well maintained townhome that is close to everything in a desirable Dunwoody neighborhood! Walk to grocery store and Starbucks. Minutes to Perimeter Mall. In a great school district. The home features a large gourmet kitchen with plenty of corian counter space and black appliances. Nice dining room area with view of the three sided fireplace that opens up into the spacious living room. Upstairs bedrooms feature high ceilings, big closets and a jetted tub and double sinks in the tiled Master bath. Private deck overlooks the wooded back yard.


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If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!

What Is Your Home Worth Now?

Metro Atlanta Home Prices are increasing!  This is great news, especially after the extreme decline in home values that we have been experiencing over the last few years.  Inventory of homes for sale in the Metro Atlanta area is still low at the moment.  We are seeing the return of new construction which will definitely affect pricing for existing homes.

If you have been thinking about selling your home, now is the time.  If you have considered waiting until Spring or Summer, you will have a lot more competition then.  Click the picture below to get a free assessment of your current home value.  

Get a free estimate of your Metro Atlanta home price!

Get a free estimate of your Metro Atlanta home price!

Now is the time to list your house before the rush!

If you or someone you know are thinking about buying or selling Real Estate in the Metro Atlanta, Georgia area, Please call us at 678.825.4428 or visit our website at www.HomesByUrsula.com
Keith and Ursula work to understand your motivation and your goals when you are ready to buy your next home or sell your current home.We work to ensure that the sale of your home happens smoothly and for Top Dollar. At Homes by Ursula, we understand that clients come first and your complete satisfaction is our main goal. Don’t choose the wrong Real Estate Agent – Make the Right Choice – Choose Homes By Ursula!