Posted on Tuesday, September 6, 2016

Are you Flipping Crazy? Let’s flip a house together!

Lessons learned on flipping homes in Atlanta

by Jill Rice

We are all watching HGTV. They make it look easy to take an old, run down house and turn it in to a shiny, new, renovated home most any buyer would love to purchase at a premium price.

This year, we’ve helped buy and sell several “fixer-uppers”. Here’s what we’ve found:

it’s not as easy as it looks. There are more buyers (including investors) than sellers in todays market. You have to be creative in finding homes that are distressed and in need of repair. You must be diligent in searching the MLS listings, create relationships with REO agents, and possibly spend time on the court-house steps in order to find the right property. You will see many houses that are overpriced and will not make a profit for you in in the long run.

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Posted on Sunday, February 14, 2016

So, You Want to Purchase a Short Sale Property?

Here's what to expect~

We all want to purchase real estate at a good and fair price. If we can get a great deal on a property, that’s even better. One way to get a really good deal is to purchase a short sale. A short sale basically means the owner of the property is selling it for less than their mortgage. The financial institution may or may not approve of this sale. Many times, the owner is already in default of the loan and the bank is willing to accept a lower payout. If a short sale is something you want to pursue, here’s what to anticipate.

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Posted on Saturday, February 6, 2016

Buyer Beware!

Looking for a new home? It's a seller's market. Here are a few tips for buying this year.

by Jill Rice

2016 is shaping up to be a big year if you want to sell your home. Interest rates are still low and there are too few homes for sale. This is causing a feeding frenzy in some markets for buyers. Buyers are having a tough time standing out in this seller’s market. Here are a few tips on finding a home and going under CONTRACT with the home of your choice:

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Posted on Sunday, January 24, 2016

Buyers and sellers CAN be friends after the deal!

You can create an atmosphere of collaboration with your clients.

by Jill Rice

My goal in any transaction is that everyone feels like they have won at the end of the negotiation. While it doesn’t happen every time, more times than not our clients are amicable when they meet at the closing table.