HAMP UPDATE November 30, 2009 HAMP Update - New Program Offers Borrowers Foreclosure Alternatives Today, November 30, 2009, Supplemental Directive 09-09: Introduction of Home Affordable Foreclosure Alternatives - Short Sale and Deed-in-Lieu of Foreclosure was published. Overview Supplemental Directive 09-09 provides guidance to servicers on the Home Affordable Foreclosure Alternatives Program (HAFA) and includes the general terms and conditions, evaluation process, documentation, and reporting requirements. As part of the Home Affordable Modification Program (HAMP), HAFA provides financial incentives to servicers and borrowers who utilize a short sale or a deed-in-lieu (DIL) to avoid foreclosure on a HAMP-eligible loan. See below for more information and review the complete Supplementa... 12/27/2009

When I was in Dunwoody Georgia just last week for our office Christmas Party I could not help but take a few pictures of the outside of the historic "Cheek-Spruill Farmhouse!"  The old farmhouse looked great, and I decided to take a few shots of the home from the car as I drove buy, trying to capture the Christmas Spirit in the homes decorations.  I think I managed to pull it off!  I can only imagine what the old farm home looked like years ago before Dunwoody was even on the map!  So thse photos are to get us ready for the fast approacing Christmas Holidays!  I hope you all enjoy a good old fashioned holiday!      Search All Dunwoody Georgia Real Estate Listings » Single Family Home in Dunwoody Georgia» Condo / Townhome in Dunwoody Georgia» Land Lot in Dunwoody Georgia» Acreage / Farm ... 12/16/2009

Dunwoody GA   It is hard to imagine many places in Northern GA as historic because just a few years ago there was so very little developement here.  Then the growth of Atlanta and its suburbs exploded and much of what we see is very new.  The historic "Cheek-Spruill Farmhouse" in Dunwoody Georgia is listed in the national register of historic properties and serves as the Dunwoody Town Hall both as headquarters for the Dunwoody Preservation Trust and the Dunwoody Homeowners Association. Search All Dunwoody Georgia Real Estate Listings  »  Single Family Home in Dunwoody Georgia »  Condo / Townhome in Dunwoody Georgia »  Land Lot in Dunwoody Georgia »  Acreage / Farm in Dunwoody Georgia »  Multi-Family / Res. Income in Dunwoody Georgia »  Commercial in Dunwoody Georgia » Rental - Commercia... 10/03/2009

Home Sales in Dunwoody July 2009 According to the First Multiple Listing Service 38 homes sold in the Dunwoody area in July 2009.  The following are homes that sold during this period: 1539 Summerford Court                            Springfield                           $975,000 145 Chruchill Drive                                      Marlborough                        $824,000 1474 Valley View Manor                           Enclave at Valley View    $760,000 5696 Whitehall Walk                                   Whitehall                                 $600,000 5671 Trowbridge Drive                             Dunwoody Club Forest       $610,000 1027 Redstone Lane                                   Redfield                                    $625,000 1463 Devonash  Lane              ... 08/12/2009

Free Dunwoody Real Estate home search engine FreeDunwoodyHomeSearch.com  You cannot talk about Atlanta Real Estate without talking about Dunwoody Real Estate. This once-farming community has grown into an elegant suburb. Dunwoody is a lovely mix of 50’s ranches, 70’s traditionals, new construction, cluster homes as well as mixed use developments. Dunwoody offers some of the best of what the Atlanta suburbs have to offer, including lush park land, minimal traffic congestion and historic gems. It’s central location near Perimeter Mall and other shopping and dining helped land it on CNN.money 2005’s best places to retire. I-285 and GA-400 are located nearby. Dunwoody Real estate and homes for sale has prices ranging from $257,500 to $2,499,000. Call Becky today 678-248-3500 for additional... 07/21/2009

The Missing (Tax Credit) Link - Part II Good news for 1st time home buyers! HUD has once again allowed a homebuyer to "monetize" their $8000 1st Time Homebuyer Tax Credit.  Monetization means obtaining an advance on the tax credit for the use of paying a down payment and other costs associated with a home purchase.  Without an advance, the tax credit would only be available once a tax return is filed after the purchase of a home.   Buyers beware: not all tax advances are the same.  Only advances made by State agencies and Hud-approved non-profits can be used for both the 3.5% down payment and other purchase related costs.  If the advance is made by any other party, including the lender, seller or an interested person to the transaction, then the down payment can only be used to pay cost... 06/01/2009

Wow!  The financial markets are so unpredictable and volatile right now.  Thursday, a week ago, it looked like rates had a chance to improve to levels we have not seen yet.  Now, a few business days later, we are at 6 month highs.  What in tarnation happened? Here is the perfect storm that hit quickly:  1) The AAA rating of the US government became has been questioned and made a big topic2) The Treasury is selling a record $162 Billion of US debt the week of 5/253) Consumer confidence rises4) NABE saying recession may end in 3rd quarter5) Several big names in the news talking about inflation being a factor once the economy turns around So what happens from here?  That's a tough one but here it goes:  The markets are known to overreact and they have definitely overreacted this week.  We ... 05/28/2009

  Update: After this post on HUD allowing TAX CREDIT ADVANCES, they have withdrawn the idea - typical HUD move.  Hopefully, they will address whatever their concern is and once again allow the tax credit to be used for down payment - the housing market needs it. The Missing (Tax Credit) Link! The $8000 tax credit is a great incentive for first-time homebuyers.  However, in a period when lenders are requiring larger down payments than anytime in recent history, it still keeps homebuying out of reach for many people. HUD has just announced that they will be allowing TAX CREDIT ADVANCES in the form of second liens through certain Federal, State and local government agencies and FHA-approved nonprofits. In summary, you can obain a temporary second lien, not to exceed the amount of the tax c... 05/13/2009

Dunwoody average prices have been fairly stable over the past 18 months but they are now at the bottom of their channel. Next month's numbers will be very revealing as to where prices might be heading. There were only 14 transactions in February which is extremely low. There haven't been too many foreclosures yet.  The foreclosures that I have seen have been mainly fixxer uppers. The Dunwoody area is just outside the Perimeter.  It has some very good schools, great shopping and is very convenient to Buckhead and downtown.  Total days on market seems to be trending down and the sales price to original list price ratio has been hovering around 90%. The numbers below are for single family detached homes in FMLS area 121. Links to stats for other areas are at the bottom of the page. Year ov... 03/30/2009

Light Up Dunwoody, an annual holiday tradition held at the Dunwoody Farmhouse, is scheduled for Sunday, November 23 from 4 - 7 pm. The Grinch will be making a special guest appearance at the Keller Williams Realty booth! The Grinch is feeling generous this season and will be giving free  photo ops for you and your family! Light Up Dunwoody    Sunday, November 23   4 - 7 pm   Chamblee Dunwoody and Mt. Vernon Road   This Dunwoody event is organized by The Dunwoody Home Owners Association and will be featuring a parade, a North Pole Playground at the Shops of Dunwoody and Burger King parking lots as well as live entertainment by: Chesnut Singers, Vanderlyn Singers & Dancers, Kingsley Singers, Peachtree Charter Majorettes & Color Guard, Dunwoody High School Marching Band, DHS Steppin Wilcat... 11/14/2008

Here is the Dunwoody FMLS Update for Dunwoody single family detached home listings for sale as of today Thursday November 6 2008.  This is for the current inventory activity of single family detached Dunwoody homes for sale: Active - 188 Properties Found - Dunwoody homes for sale Pending - 19 Properties Found - Dunwoody homes for sale Contingency w/Kickout -1 Properties Found Found - Dunwoody homes for sale Contingency - Due Diligence - 3 Properties Found - Dunwoody homes for sale Contingency - Other - 0 Properties Found - Dunwoody homes for sale 11/06/2008

Dunwoody Georgia Homes for Sale - Dunwoody Real Estate Update October 2008 - Dunwoody GA Real Estate for Sale - Single Family Listings of Detached Homes for Sale. As of today 10/12/2008 these are the current statistics for Dunwoody FMLS  listings entries.  Dunwoody GA in DeKalb County there are 2453 single family detached Dunwoody homes for sale.  The Dunwoody GA MLS breakdown for single family detached homes for sale is below. Dunwoody Georgia Real Estate - MLS SINGLE FAMILY LISTINGS  Active - 162 Dunwoody GA homes for sale Pending - 15  Dunwoody homes for sale Contingency - Due Diligence - 6 Dunwoody GA homes for sale Contingency w/Kickout - 1 Dunwoody GA homes for sale Contingency - Other - 0 Dunwoody GA homes for sale 10/12/2008

For those that live in Dunwoody, we just KNOW. For those that don't live in Dunwoody, they want to know HOW they can live in Dunwoody! Dunwoody, Georgia is perfectly situated just outside the perimeter. Some areas TECHNICALLY extend outside the Perimeter, but bottom line: LOCATION, LOCATION, LOCATION. And, Dunwoody definitely has location, in addition to that comfortable, suburban feeling surrounding by plush, green and gorgeous scenery. Although I work all over the Atlanta area, I specialize in selling and buying Dunwoody real estate, Sandy Springs real estate, Roswell real estate, Alpharetta real estate and East Cobb real estate. And, about 80% of my buyers want to live in......you guessed it....Dunwoody.So, What's the Deal with Dunwoody Anyways?? I prefer to keep my blogs short and s... 10/10/2008

  It's no secret that Georgia has a slew of great school districts. Understanding them and knowing how they contribute to selling and buying homes in Atlanta is crucial. Many Atlanta home buyers specifically base their buying decisions on what Atlanta school district the property resides in.  So, it's up to you Mr. or Ms. Agent to do your research and know the answers to the many "school district" questions your client may have..... I buy and sell homes in all over Greater Metro Atlanta, but I spend a majority of my time focusing on Roswell Real Estate, Sandy Springs Real Estate, Dunwoody Real Estate, Brookhaven Real Estate and Atlanta Real Estate. And, quite frequently, one of the most asked questions I get from my buyers looking to buy a home in Dunwoody is....."Is this home in the Va... 09/11/2008

Dunwoody homes for Sale. Dunwoody real estate Report September 3, 2008. As of today this is the current list of Dunwoody homes for Sale - Single family detached homes fee simple and condominiums and town homes. Dunwoody is located in DeKalb and Fulton Counties in GA off I-85, and the northern perimeter I-295 You can find some great Dunwoody homes for Sale right here! Dunwoody Homes Currently For Sale 202 Active Single Family Detached Dunwoody Homes for Sale Fee Simple 2 Contingency w/Kickout Single Family Detached Dunwoody Homes for Sale Fee Simple 1 Contingency - Due Diligence - Single Family Detached Dunwoody Homes for Sale Fee Simple 6 Contingency - Other - Single Family Detached Dunwoody Homes for Sale Fee Simple 18 Pending - Properties Found - Single Family Detached Dunwoody Homes... 09/03/2008

Dunwoody Homes for Sale, Dunwoody GA Active Listings - Dunwoody Real Estate Market Report August 2008*.  As of today Thursday, August 14, 2008 there are currently 205 Dunwoody Homes for Sale. (These are single family detached homes fee simple.)  Please keep in mind many of the Dunwoody pending home sales could be delivered in a month or in a few months. Homes in Dunwoody that are in the status of Contingency other or CO - denotes inspections, or financing.  A new Contingency class has just been added to our contract and that is Contingency - Due Diligence.  This reflects new changes recently incorporated in our GAR contract that is an option to purchase after a due diligence period.  It is a great time to buy homes in Dunwoody, there are many Dunwoody homes and fine properties to choose... 08/14/2008

The thing that has been on my mind the past few weeks is how do we as real estate/mortgage professionals ease the FEAR in the hearts and minds of friends, family, sphere of influence, etc. I have been increasingly involved in conversation with others regarding the housing market.  These conversations have been generated from people concerned about me, people concerned with their own sale or purchase, as well as people tying the housing market to "all things wrong" with the economy.   Although I have clients, family and Friends in all States 80% of my business is in GA and even though GA is in a much better position than lots of other States it still seems like the overwhelming feeling is of FEAR/UNCERTAINTY and it's growing. I know the FEAR is real, I know it's impossible to ignore the ... 07/28/2008

Home | Site Map | Buy | Sell | Build |Search OUR PEOPLE Telmo Bermeo Associate Broker Custom Home Builder 770-551-5850 tbermeo@kstrealty.com www.kstrealty.com Dan Simpson Principal Broker Custom Home Builder 404-597-5381 Join Our Team RE Discussion Group Post a real estate Question here Sandy Springs Homes for sale By Subdivisions http://www.sandy-springs-homes-for-sale.com/Burdel-Hills-homes-for-sale.htm Acworth Homes Adairsville Homes Adel Homes ALAPAHA Homes Alpharetta Homes Alston Homes Aragon Homes Athens Homes Atlanta Homes Auburn Homes Austell Homes Avondale-Estates Homes Ballground Homes Berkeley-Lake Homes Bethlehem Homes Big-Canoe Homes Blairsville Homes Blue-Ridge Homes Bogart Homes Braselton Homes Bremen Homes Brookfield Homes Brunswick Homes Buckhead Homes Buena-Vista Home... 06/01/2008

Home | Site Map | Buy | Sell | Build |Search OUR PEOPLE Telmo Bermeo Associate Broker Custom Home Builder 770-551-5850 tbermeo@kstrealty.com www.kstrealty.com Dan Simpson Principal Broker Custom Home Builder 404-597-5381 Join Our Team RE Discussion Group Post a real estate Question here Sandy Springs Homes for sale By Subdivisions http://www.sandy-springs-homes-for-sale.com/Burdel-Hills-homes-for-sale.htm Acworth Homes Adairsville Homes Adel Homes ALAPAHA Homes Alpharetta Homes Alston Homes Aragon Homes Athens Homes Atlanta Homes Auburn Homes Austell Homes Avondale-Estates Homes Ballground Homes Berkeley-Lake Homes Bethlehem Homes Big-Canoe Homes Blairsville Homes Blue-Ridge Homes Bogart Homes Braselton Homes Bremen Homes Brookfield Homes Brunswick Homes Buckhead Homes Buena-Vista Home... 05/30/2008

Home | Site Map | Buy | Sell | Build |Search OUR PEOPLE Telmo Bermeo Associate Broker Custom Home Builder 770-551-5850 tbermeo@kstrealty.com www.kstrealty.com Dan Simpson Principal Broker Custom Home Builder 404-597-5381 Join Our Team RE Discussion Group Post a real estate Question here Sandy Springs Homes for sale By Subdivisions http://www.sandy-springs-homes-for-sale.com/Burdel-Hills-homes-for-sale.htm Acworth Homes Adairsville Homes Adel Homes ALAPAHA Homes Alpharetta Homes Alston Homes Aragon Homes Athens Homes Atlanta Homes Auburn Homes Austell Homes Avondale-Estates Homes Ballground Homes Berkeley-Lake Homes Bethlehem Homes Big-Canoe Homes Blairsville Homes Blue-Ridge Homes Bogart Homes Braselton Homes Bremen Homes Brookfield Homes Brunswick Homes Buckhead Homes Buena-Vista Home... 05/28/2008