Corbett2Corbett

Ed Corbett Atlanta RELATOR North Georgia Homes & Investment Property

  • About
  • Buyers
    • Alpharetta
    • Johns Creek
    • Milton
    • Roswell
  • Sellers
  • Blog
  • Resources
  • Contact

10 Ways to Prepare for Home Ownership

January 23, 2012 by Corbett 2 Corbett Real Estate

1. Decide What You Can Afford. Generally, you can afford a home equal in value to between two and three times your gross income.

2. Develop Your Home Wish List. Then, prioritize the features on your list. For example, if you want to enhance the security of your home, then install some security cameras or change the locks of your doors with the help of a professional locksmith. You can also checkout Low Rate Locksmith San Francisco for the best locksmiths in town! 

3. Select Where You Want to Live. Compile a list of three or four neighborhoods you’d like to live in, taking into account items such as schools, recreational facilities, area expansion plans, and safety.

4. Start Saving. Do you have enough money saved to qualify for a mortgage and cover your down payment? Ideally, you should have 20 percent of the purchase price saved as a down payment. Also, don’t forget to factor in closing costs. Closing costs — including taxes, attorney’s fee, and transfer fees — average between 2 and 7 percent of the home price.

5. Get Your Credit in Order. Obtain a copy of your credit report to make sure it is accurate and to correct any errors immediately. A credit report provides a history of your credit, bad debts, and any late payments.

6. Determine Your Mortgage Qualifications. How large of mortgage do you qualify for? Also, explore different loan options — such as 30-year or 15-year fixed mortgages or ARMs — and decide what’s best for you.

7. Get Preapproved. Organize all the documentation a lender will need to preapprove you for a loan. You might need W-2 forms, copies of at least one pay stub, account numbers, and copies of two to four months of bank or credit union statements.

8. Weigh Other Sources of Help With a Down Payment. Do you qualify for any special mortgage or down payment assistance programs? Check with your state and local government on down payment assistance programs for first-time buyers. Or, if you have an IRA account, you can use the money you’ve saved to buy your fist home without paying a penalty for early withdrawal.

9. Calculate the Costs of Homeownership. This should include property taxes, insurance, maintenance and utilities, and association fees, if applicable. You’ll want to take into account installing some form of home security system as well, as you never know whose attention you are drawing by moving in to the neighborhood. Additionally, you’ll want to stay as safe as possible when at home.

10. Contact a REALTOR®. Find an experienced REALTOR® who can help guide you through the process.

Information provided by RealtorMag.org the Official Magazine of the National Association of Realtors.

Additional Resources:
Why You Should You Work With a Realtor?

7 Reasons to Own Your Home

Tax Benefits of Homeownership

Filed Under: Home Tips, My Blog, Real Estate

Need to Know about Short Sales

January 16, 2012 by Corbett 2 Corbett Real Estate

Short Sale TipsBy preparing for a real estate short sale, you can emerge with a great home at a favorable price. If you are entertaining a short sell purchase you need to keep in mind that this type of real estate sale can be lengthy and difficult, but if you have done your homework and you understand what you are facing, you can end up with a great deal. (photo/Getty Images) The following are some great tips provided by HouseLogic to get you started on background information surrounding short sales.

6 Tips for Buying a Home in a Short Sale
Published: March 19, 2010 By: G. M. Filisko

When sellers need to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be bargains, but only if you do your homework, stay patient, and remain unemotional during the sometimes lengthy and difficult short sale process.

Here are six tips for protecting yourself emotionally and financially when bidding on a short sale.

1. Get help from a short sale expert

2. Build a team

3. Know the home’s fair market value

4. Expect delays

5. Firm up your financing

6. Avoid contingencies

Link here to read the complete article from HouseLogic.

Note: This article includes general information about tax laws and consequences, but isn’t intended to be relied upon by readers as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice; tax laws may vary by jurisdiction.

Filed Under: Featured Items 4up, My Blog, Real Estate

Picasso to Warhol

January 15, 2012 by Corbett 2 Corbett Real Estate

High-Museum_Picasso-April-29An ideal collection of art is on display at the High Museum of Art, now through April 29, 2012. Take time to visit the Atlanta museum to see the wonders of Picasso, Matisse, Warhol and other legendary artists who redefined the world of art. There are more than 100 world-famous works assembled for the High from the collection of The Museum of Modern Art, New York. This exhibition features fourteen twentieth-century artists, seen together for the first time in the Southeast. Enjoy a weekend retreat in the city.

Filed Under: Featured Property, My Blog

More Cities Join List

January 11, 2012 by Corbett 2 Corbett Real Estate

More Cities Join ‘Improving’ Housing Market List

Daily Real Estate News | Tuesday, January 10, 2012
Source: National Association of Home Builders

The National Association of Home Builders’ list of improving housing markets nearly doubled this month, as more cities showed signs of a rebound with their real estate markets.

The list now contains 76 improving markets, up from 41 in December, according to NAHB’s and First American’s Improving Markets Index, a monthly gauge that measures a city’s improvements in housing permits, employment, and housing prices for at least six months.

“The fact that the list of improving housing markets nearly doubled this month shows that a significant, positive trend is developing, and is even more relevant when you consider the expanding geographic distribution of the list — which now includes 31 states and the District of Columbia,” NAHB Chairman Bob Nielsen said in a statement.

These cities were added to the list in January:

  • Florence, Ala.
  • Tuscaloosa, Ala.
  • Fayetteville, Ark.
  • Denver, Col.
  • Greeley, Col.
  • Bridgeport, Conn.
  • New Haven, Conn.
  • Cape Coral, Fla.
  • Jacksonville, Fla.
  • Punta Gorda, Fla.
  • Honolulu, Hawaii
  • Ames, Iowa
  • Des Moines, Iowa
  • Dubuque, Iowa
  • Elkhart, Ind.
  • Indianapolis, Ind.
  • Lafayette, Ind.
  • Lake Charles, La.
  • Worcester, Mass.
  • Grand Rapids, Mich.
  • Lansing, Mich.
  • Monroe, Mich.
  • Minneapolis, Minn.
  • Columbia, Mo.
  • Joplin, Mo.
  • Fargo, N.D.
  • Manchester, N.H.
  • Cincinnati, Ohio
  • Oklahoma City, Okla.
  • Tulsa, Okla.
  • Corvallis, Ore.
  • Erie, Pa.
  • Philadelphia, Pa.
  • Chattanooga, Tenn.
  • Clarksville, Tenn.
  • Nashville, Tenn.
  • College Station, Texas
  • Dallas, Texas
  • Victoria, Texas
  • Madison, Wisc.

View a complete list of all 76 metro areas on the Improving Markets Index list at www.nahb.org/imi.

Source: National Association of Home Builders

Filed Under: My Blog

  • « Previous Page
  • 1
  • …
  • 12
  • 13
  • 14

It’s Easy & Convenient | 24/7

Follow this link to KW Home Search or enter your specifics below.

From the Blog

  • Millennials prefer walking to driving, so housing market is changing
  • Just Because It’s a Seller’s Market Doesn’t Mean Your Home Will Sell Itself
  • 5 Issues That Will Impact Real Estate
  • Real Cost of Home Staging for Sellers
  • Closing Forms About to Get a Big Makeover

Corbett 2 Corbett Archives

About the Corbett2Corbett Team

Corbett2Corbett TeamThe C2C Team actively searches to provide you with answers to today's real estate market's questions. They work to put you in front of investment property or the perfect family home. C2C knows real estate. Click here for recent history & recommendations at Realtor.com.

Ed Corbett, team lead, has 18 years of sales and marketing experience. He specializes in the North Georgia area and has a keen understanding for maintaining constant communication with vital links in order to close the sales cycle. He is ready to assist you today. Contact Ed today and put the C2C Team to work for you.

Testimonials

Top qualities: Great Results, Informative, High Integrity –

We had been renting for the five years since moving to Georgia, living in three different homes! Periodically we would call upon Ed to show us houses, but we were not able to find what we wanted, where we wanted. Ed was very patient and willing to work with us as we sought the place we finally bought. He guided us through the particulars of real estate and offered his expertise wisely and well. Our experience was a very pleasant one.

February, 2012 – Dr. & Mrs. Titel / Buyer

About Ed Corbett

Ed, of The Corbett 2 Corbett Team, is a Licensed Georgia REALTOR®. Experienced with both buy & sale cycles of Residential Real Estate.
He is also BPO certified.

The Corbett 2 Corbett Team Keller Williams Realty First Atlanta
cell: 404.909.2299
office ph: 404.531.5700 (ext.3225)
Fax: 404.531.5708 Email: edcorbett@kw.com

  • Email
  • Facebook
  • Google+
  • LinkedIn
  • Pinterest
  • Twitter

Start a Home Search

We'd love to assist you with you upcoming home search. Tell us all about what your needs + wants are for your new home. Please fill out the Corbett2Corbett contact form. Or, give Ed Corbett a call at #404.909.2299
  • Metro Locations
  • Home Types
  • Atlanta Home Search
  • Atlanta Home Resources

Copyright © 2022 · AgentPress Pro Theme on Genesis Framework · WordPress · Log in

Posting....
 

Loading Comments...