Category Archives: Uncategorized

Daily Real Estate News from Access Brokerage

References to articles, sources, products, or services are not a specific endorsement and not guaranteed to be true or accurate, but the user must perform their due diligence and investigate whether the information provided is valid, or the product or … Continue reading

Posted in Uncategorized | Comments Off on Daily Real Estate News from Access Brokerage

The New Home Mortgage Disclosure Act (HMDA) Rule

On April 25, 2017-the CFPB issued a proposed clean-up rule to correct and clarify the 2015 rule (that expanded the data to be collected and reported by lenders regarding borrowers) to become effective January 1, 2018. Brief overview: Lenders are … Continue reading

Posted in Uncategorized | Comments Off on The New Home Mortgage Disclosure Act (HMDA) Rule

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

Posted in Uncategorized | Comments Off on Credit Bureau Contact info for Fraud or Identity Theft problems

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

Posted in Uncategorized | Comments Off on Where do all the Buyer Inspection Reports Go?

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

Posted in Uncategorized | Comments Off on Difference between FHA 203B and 203K loans

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

Posted in Uncategorized | Comments Off on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) of a home

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

Posted in Uncategorized | Comments Off on Reporting Waste, Fraud, or Abuse in Georgia

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

Posted in Uncategorized | Comments Off on Loopholes for Low Income Housing

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

Posted in Uncategorized | Comments Off on The Most Common Questions Asked by Home Buyers—Answered!

“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

Posted in Uncategorized | Comments Off on “Normal Wear and Tear”