Category Archives: Buying

What you need to know when buying a home

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

Lessons learned on flipping homes in Atlanta

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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.house-clipart-black-and-white-LiKendeia

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Why do you need a buyers agent?

fyi- The listing agent represents the seller!

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You’re out on a Sunday afternoon looking at open houses in your favorite neighborhoods.  You aren’t really serious.  You are “just looking”.  You see a cute house with great curb appeal, so you stop by.  You fall in love with the house!  The agent asks you to fill out the open house info sheet, and there’s a spot for “are you working with an agent”.  Do you put “yes” or “no”?

If no- then please check out the list below on why you need a buyers agent.

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Berkeley Lake Open House- Sunday March 13, 2016

All Windsor Realty listings for sale are open on Sunday March 13, 2016

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Join us this Sunday, March 13, 2016 for a neighborhood wide open house with our Windsor Realty listings.  Spring is on the way. Don’t you want to wake up each morning in a city with a beautiful 88 acre, spring fed lake?  Can’t buy on the lake?  What about waking in a city that is known as a “tree city”.  We are only 25 miles from downtown Atlanta, but feel worlds away!14LSDnite-27

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So, You Want to Purchase a Short Sale Property?

Here's what to expect~

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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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Buyer Beware!

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

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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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Steps to buying a home

Let a Realtor© direct you in this most important decision!

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Steps to buying your first home: 

Have a lender pre-qualify you

In preparing to be a good borrower, be diligent in paying your bills on time. Do not close credit accounts, but do pay them down as much as possible. The more credit you have that you are NOT using, the stronger your credit score will be. Do not get a car loan before applying for a mortgage. Do not open new accounts, as inquiries DO lower your credit score!  Start working with a lender prior to finding the home of your dreams (unless you are paying cash).  A lender can confirm the amount you should finance and can also provide a pre-qualifying letter.  The letter will show the amount you are qualified to borrow.  This is important to have prior to making an offer on a home to purchase.  A pre-qual letter proves to a seller that you are serious in purchasing a home
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