Suwanee GA

News and information about Real Estate in Cumming, Georgia!

There are currently 4 blog entries related to this category.

It is a popular misconception that banks are often accepting half of what they are asking. 

This is not the case.  The reality is that banks often list homes at half of their former value.  Banks only accept offers that discounted on select properties that have been on the market for quite some time.    

When foreclosures are listed the properties have been appraised and thoroughly inspected and the banks are quite aware of all repairs needed. 

The prices reflect these factors.  Sometimes for one reason or another a bank will price a property well below market value to move it quickly.  Usually these properties receive multiple offers within a few days of the listing date.  

The art of finding a good deal is in watching the market closely on a

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To understand the effects of mortgage rates, we have to first understand how they work.  Mortgage rates are based off of Mortgage Backed Securities. 

Mortgage Backed Securities (MBS) are basically investments in mortgage loans.  MBS’s represent mortgage bonds and are made up of pools of mortgages.  MBS’s are traded just like stocks and their value fluctuates on a daily basis.  Rates are constantly changing just like stocks.  Throughout a trading day, rates are changing up and down.

In January of 2009 The Federal Reserve announced that they would buy up $500 billion dollars in Mortgage Backed Securities. 

This would drive mortgages rates down, which it did.  Then in March of 2009 The Fed realized that they will need to keep rates low, much longer, so

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Shore to Shore

Lake Lanier GA and AL Gulf Coast Real Estate News


December, 20, 2009

In this Issue:

The NorthGaLife.com Team World: December activity strong

The GulfShoresLife.com Team World: December activity strong

Special Report: Are you prepared for survival?

Featured Article: Focus on investments you control

Recommended Resources: “Confessions of a Real Estate Mini-Mogul”

The NorthGaLife.com Team world

The NorthGaLife.com Team is seeing more buyer activity.  It seems that the Alabama Gulf Coast vacation market locked up much sooner than the Atlanta metro area and also is coming out of that lockup a little sooner.  More than likely this is the difference in buyer behaviors for primary homes versus vacation / second home buyers.…
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Laurel Springs is a gated community located in Suwanee on 630 acres of rolling hills that was once farmland.  

Laurel Spring's 800 homes are mostly traditional, and are set against a country backdrop with abundant natural beauty combined with immaculate landscaping.  Equidistant from both I-85 and GA400, this community is conveniently located yet still feels like a getaway.  The Fulton county location also affords residents an attractive tax rate.

Winner if the "Best Amenities" nod from the Greater Atlanta Homebuilder's Association, Laurel Springs has no shortage of things to do.  

Homes are priced from the $300s to over $1 million and are on large lots for a community of this type (from 1/2 to 1 acre.)  Laurel Springs has five neighborhoods,…
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