Come January 10th 2014 there will be many new rules in place. The rule buzzing around the industry right now is "QM"-(Qualified Mortgage). The new rules were written by the Consumer Financial Protection Bureau to provide additional protection to home buyers from risky mortgages. Many of these risky loans are already extinct…IE negative amortization, no doc loans, pre-payment penalties, interest only ARM’s, etc.
The new rules are intended to create stricter measurements of your “ability to repay” the mortgage. Banks will...Read more.
This is the big unknown in the mortgage business today. When I say the big unknown, what I mean is that many folks today worry about appraisals because they aren’t sure:
1. What value the house will appraise at
2. What, if any repairs will be noted
So lets address value first. Appraisers are hired by third party management companies. Per recent legislation no one directly involved with the mortgage/sale of the house is supposed to have any contact with the appraiser. They...Read more.
Rates have risen over the last month…going up over 1% in less than 30 days. Historically these are still some of the lowest interest rates on record for home loans and we need to keep this in mind. It is still a strong time to buy. Rates are low and homes are still priced well. What is causing rates to rise? There are many factors…inflation and/or quantitative easing are some of them.
Inflation is a general rise in the prices of...Read more.
The Weiner Group, which is Brad Weiner, Deborah Weiner and their daughter Brittany Weiner form one of the highest producing Real Estate teams in North Atlanta GA. They are pleased to announce that they have received the 2013 & 2014 RE/MAX Individual Award for the Georgia Region. Brad Weiner ranked #2 in the region for RE/MAX.
Brad states “It is a pleasure to be the Broker at REALTY ON MAIN. None of this could have been possible without the support of my wife, Deborah Weiner and daughter Brittany Weiner, who continues to play an integral role in my success as a transaction agent”. Staying in touch and listening to the needs of both sellers and buyers, is our goal as professional agents.
The Weiner’s momentum has continued into 2013, with over 75 transactions totaling 17 Million dollars already closed for the year. Deborah Weiner states “We just did a refresh of our innovative website and we have been working on that for the first half of the year. The website, www.NorthAtlantaHomeTeam.com, just re-launched and we are excited to see how our clients like the new look and feel. We believe it’s more intuitive, user friendly and are confident it will lead to a more interactive experience for our customers”.
The Weiner’s take great pride and pleasure in working with each of their clients. Their natural success is based on a very high level of personal service to each of their customers. If you wish to check out “The Weiner Group's” buyer website, head on over to our Real Estate BLOG at www.IntownAtlantaHomeTeam.com or give them a call if you would like to discuss the buying process or selling of your home. We look forward to hearing from you!
REALTY ON MAIN-301 N Main Street-Alpharetta GA 30009
Serving All Of North Atlanta Georgia
