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Showing posts from October, 2015

For Sale & For Lease - 3838 Broadleaf Walk Snellville, GA 30039

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Like NEW!  This WELL MAINTAINED 4 bedroom / 3 bathroom, MOVE-IN READY home sits in a cul-de-sac.    Home features: 2-STORY FOYER, HARDWOOD FLOORS, GOURMET KITCHEN, HUGE MASTER SUITE, BEDROOM ON MAIN, LARGE BEDROOMS & CLOSETS, FORMAL LIVING ROOM, SEPARATE DINING ROOM, FAMILY ROOM, UPSTAIRS LAUNDRY, and BIG YARD.    Conveniently located near the heart of Snellville, GA which is full of great shopping, eateries, and entertainment!  FOR SALE - $240,000 MLS Listing Virtual Tour Property Website - 3838broadleafwalk.checkoutmore.com For LEASE - $1650 MLS Listing   Property Website - 3838broadleafwalkga.isforlease.com     Contact me at (404) 857-2508 to schedule a showing.   If you are thinking of SELLING or LEASING your home, contact me for a complimentary market analysis.  Click HERE to find out what your Georgia home is worth in minutes! ---...

Real Cost of Housing

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A variety of factors have led to a shortage of rental units, especially single family homes, and as a result, rents have been steadily increasing nationwide. In most markets, it is considerably less to own than to rent. In some cases, the total house payment is less than the rent for a similar size and condition home which supports a purchase. However, when you factor in some of the financial benefits like principal reduction, appreciation and tax savings, the difference becomes even more dramatic. Let’s look at an example of a $250,000 home with 3.5% down payment and a 4.50% mortgage for 30 years. We’ll assume a 3% annual appreciation, 25% federal tax bracket, $1,200 annual maintenance and current rent of $2,100 a month. The total house payment with property taxes, insurance and mortgage insurance premium would be $1,834 a month. Once the principal reduction, appreciation, tax savings and maintenance have been considered, the net cost of housing is about $673 a mo...

6 Reasons for Rentals

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Rental homes have several distinct advantages compared to alternative investments. These advantages coupled with the opportunity for a higher yield make it a clear choice for some investors. Most investments must be paid for in cash. Stocks can be purchased with 50% cash but if the value goes down, more cash has to be used to keep the margin at 50%. Rentals can readily be financed with only 20-25% down payment. Most loans made for business or investment purposes are at a floating interest rate compared to the prevalent fixed-rate mortgage on non-owner occupied real estate. Terms for investment loans if possible are generally six months to a year with a possible renewal but real estate commonly has long term loans up to 30 years. Real estate has a long-term history of appreciation. Real estate enjoys tax advantages like long-term capital gains treatment, cost recovery and tax deferred exchanges that are not available to many other types of investments....

OPEN HOUSE- 712 Luanne Way Monroe, GA 30655

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Come see this HUGE, RECENTLY RENOVATED 5 bed / 3 full bath CUSTOM BUILT HOME that is set back on a 3 acre leveled lot with FEATURES GALORE!!! October 17th, 2-4pm  MLS: 5592006 ; 7518273 View more at www.712LuanneWay.CheckOutMore.com http://natashaknowsatlhomes.blogspot.com/2015/09/for-sale-in-monroe-ga-recently.html  -------------------------------------------------------------------- PROPERTY DETAILS: For Sale - 5/3 Renovated Custom Built Home w/ Pool  Zoned USDA - You can own this home with NO MONEY DOWN!  Motivated seller RECENTLY RENOVATED this MOVE-IN READY, 5 bed / 3 full bath CUSTOM BUILT HOME that is set back on a 3 acre leveled lot! INTERIOR FEATURES : Fresh Paint, Newly Refinished Exotic Brazilian Hardwood Floors, New Carpet, Upgraded Linoleum Tile, New Lighting, New Hardware, Spacious Bedrooms & Closets, Office, and In-Law Suite. *Living Rooms on both levels pre-wired for surround sound. EXTERIOR FEATURES : Po...

Your Best Investment

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According to a Federal Reserve report on Consumer Finances, homeowners' net worth is 36 times greater than that of renters. Building on that study, the National Association of REALTORS® believes that by the end of 2015, the factor will grow to 41 times greater. There can be several factors that contribute to this disparity but an important one is the forced savings that is achieved due to an amortized mortgage. A portion of the payment goes to the reduction of the principal balance of the mortgage which increases equity in the home. Appreciation is also a major contributor to homeowners’ equity. Homes, in most areas, have consistently increased in value over the long term and during the past four years have experienced solid growth. Many economists expect home prices to increase in the next five years. Let’s look at a scenario where a qualified buyer considers three different options to see what their investment would be in five years: purchase a certificate o...

The Cost of Co-Signing

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It seems fairly innocuous; a friend or family member wants you to co-sign on a loan because they don’t qualify. They assure that they’ll make the payments; they’re quite convincing and very appreciative. You don’t want to disappoint them and after all, it’s not like it’s going to cost you anything…is it? Think of it this way. They couldn’t get a loan unless you co-sign for them. If they don't make the payments, the lender is going to look to you to repay the loan plus late and collection fees. The lender may be able to sue you, file a lien on your home or garnish your wages. And it’s not just money that you could be losing, it could be your credit too. Co-signing a loan is a contingent liability that could affect your debt-to-income ratio and your ability to borrow. Co-signing is an obligation to repay the debt if the other signer is unable. You could be out the money and unable to recoup the loss because you don’t...