Author Archives: Buyer Broker

Credit Bureau Contact info for Fraud or Identity Theft problems

Consider freezing your credit with each of the 3 credit bureaus below, but please research the pros and cons of feeezing credit. It can help prevent things, but doesn’t correct existing problems. Equifax: 888-349-9960 Experian: 888-397-3742 Trans Union: 888-909-8872 Source: … Continue reading

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Where do all the Buyer Inspection Reports Go?

During the Due Diligence period (time when Buyer performs all desired inspections on a home to understand if any problems exist or may exist), there may be several different inspection reports. Home Inspection, Termite Inspection, Radon Inspection, Structural Engineer Inspection, … Continue reading

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Difference between FHA 203B and 203K loans

FHA 203(b) Mortgages (below $5,000) The 203(b) is the most common mortgage loan product insured by the FHA. If you’ve found a home for sale and it needs $5,000 or less in repairs an FHA 203(b) insured mortgage may be … Continue reading

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Home Equity Conversion Mortgage (HECM) for Purchase (H4P) of a home

The typical reverse mortgage allows homeowners over age 62 to tap into the equity on the present home and either get a line of credit or a lump sum of money. The HECM for Purchase (H4P) allows you to actually … Continue reading

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Reporting Waste, Fraud, or Abuse in Georgia

I began my search to see if there was a single hotline phone number in Georgia to report waste, fraud, or abuse for any reason, about any state office or program, regardless of type. Now, I am not sure how … Continue reading

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Loopholes for Low Income Housing

To stimulate low income housing availability, the US government provides a number of tax credits to the states to distribute to property developers at their discretion following certain criteria including development projects that cap rents for some of the units. … Continue reading

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The Most Common Questions Asked by Home Buyers—Answered!

These are some of the most asked questions and answers I have fieldeed…good job Realtor.com. Q: What home can I afford? Q: How many homes should I see before making an offer? Q: What do you think the seller will … Continue reading

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“Normal Wear and Tear”

Real estate: What is normal wear and tear? The real answer is: It all depends….and take lots of “Pre” move in and “Post” move out photos! What might be interpreted as small scratches on a door handle might otherwise be … Continue reading

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How many work type VISAs does the US offer?

In other words – how many ways can terrorists enter the US under the protection of a Visa? About 185 different types of immigration exist in two main categories of U.S. visas: (a) Non-immigrant visa – temporary visits such as … Continue reading

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When does an HOA expire?

The State of Georgia actually has two forms of associations for subdivisions with fee simple homes: Homeowner Associations (HOAs) and Property Owners Associations (POAs). They are similar in many respects, except that a Property Owners Association is created by (the … Continue reading

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