Mortgage Atlanta

Signed Epstein’s Mother… Some of you young bucks will have no clue what that phrase means. Us older folks will have a smile on their face and a little chuckle. Why did I think of this? No clue, but it ties in to what I’m about to what I’m about to write concerning the mortgage business.That phrase, “Signed Epstein’s Mother” was from the sitcom “Welcome Back Kotter.” Briefly, it was the signature on a note from the student’s “mother” as an excuse as to why he didn’t get his homework done. It’s really quite Read More

Our other articles on workplace violence describe its nature and scope, our POSTAL formula and behavioral profile, and defusing techniques. Here we describe the warning signs and triggering events … and what to do when you detect them. The POSTAL Formula for Workplace Violence Prevention: Profile + Observable Warning Signs + Shotgun + Triggering Event(s) = Always Lethal The Profile is most useful during the hiring process, to screen out potential perpetrators. For your existing workforce — and when dealing with outsiders — we turn to the… Observable Warning Read More

Things could be a lot worse in Atlanta, Georgia, compared to the national realty market this area has been strong, but the pace has slowed. This slower pace of the realty market does mean that prospective buyers can take their time in choosing a home. The cut and thrust of the realty bubble days has well and truly burst, but this can only be good news for the buyer. The worst hit neighborhoods in Atlanta are the ones that saw the quick escalation of house prices, some of which showed increases as high as 20% in one year, and they are now simply adjusting. Most Atlanta prices have held Read More

The recent catastrophic collapse of a bridge in Minneapolis, Minnesota was a very tragic event. For the people on the bridge at the time of the collapse, there was no warning and no way out. And this collapse was unusual in that it was sudden and came with no obvious warning. In just a few seconds many lives were changed forever. While the specific triggering mechanism that caused the collapse to be so sudden and complete has yet to be determined, one fact has already been made very clear. Previous reports filed by bridge inspectors had indicated as far back as 1990 that there were serious Read More

A person with a bad credit score can hardly imagine getting a loan with a nominal rate of interest. He is either denied a loan or charged exorbitant rate of interest for the high risk factor he contributes. To get away from these hassles, he can resort to a mortgage loan. Same property is used as collateral for a mortgage loan. Mortgage lenders charge a very nominal rate of interest and charge a minimal premium for the associated risk factor. CitiGroup: Citigroup incorporated in the US tops the list of mortgage lenders. This bank operates branches across 100 countries, serving more than 200 Read More

The Internet makes obtaining a home loan simple and fast. Understandably, some people are hesitant to apply for a loan online. If using a brokerage firm, applicants are required to enter personal information such as name, address, Social Security number, and so forth. Buyers unfamiliar with an online mortgage broker company may not want to provide such information over the computer. Rather, they choose to apply for a loan in-person. However, applying for a mortgage with an online broker is the best method. Choosing a Good Online Mortgage Broker Some buyers are worried that online brokers Read More

At one point in 2007, there were over 10 California reverse mortgages that were available for “jumbo-sized” loan amounts. Due mainly to the decline in real estate values and the resultant banking industry problems, now the number has dropped to three programs. A jumbo reverse mortgage in California is typically used when the loan amount exceeds $200,000 to $280,000. When the amount of money needed by the senior applying for the loan is above those amounts, a jumbo loan is required because the FHA program (non-jumbo) has low loan limits. For most densely populated counties in Read More

No matter how you look at it, saving for a home deposit is a daunting task. With the average home costing at least $300,000 (and a lot more in many parts of NSW and Victoria), coming up with the 10-15 per cent you need to get going is a lot of crackers in anyone’s language. Let’s look at the different options available. Taking a second job Often financial advisers suggest getting an extra part-time job, in addition to full-time employment. Straight off the bat, it’s a personal choice and depends on how badly and how quickly you want to make things happen for you. For me Read More

Ok, let’s say you have located a seller who is highly motivated to sell a particular property. Using your “Check List for Leads” form, you ask the seller focused, specific questions about the most essential criteria of the deal. After questions are answered, you see the following scenario. 3 Bedroom 2.5 Bath After Repair Value $260,000 Purchase Price: $195,000 (6.5% int, 30 yr fixed – price is sellers payoff on existing loan) Repairs Zero – Seller had it fixed up already. Existing Mortgage Payment: $1232.53 (existing payment P&I) Taxes $2500 Insurance Read More

If you are in the process of closing on your mortgage loan, delaying your closing until the end of the month will save you money. Here is how you will save by closing on the last day of the month. When you close on your mortgage one of the expenses you will be required to pay is the interest due from that date until the end of the month; by closing at the end of the month you will pay less. Here is an example: If you close on your mortgage in July, your first payment will be due in September. This payment will include interest and principle due for August. The catch is that interest Read More