Posts with tag 'For buyers'
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 21 Posts
- 2025 | 48 Posts
- 2024 | 48 Posts
- 2023 | 48 Posts
- 2022 | 48 Posts
- 2021 | 48 Posts
- 2020 | 48 Posts
- 2019 | 48 Posts
- 2018 | 30 Posts
12
Homebuyers: Pros and Cons of Buying a Home with Rental Space
Our real estate agents at Josey Young & Brady Realty can introduce you to Atlanta homes for sale of any size and description to suit your needs. Whether you're looking for a starter home or an income property, we will help you navigate our real estate market successfully.
A rental property can be an excellent way to cultivate a reliable income stream for savings or paying the bills. Many people aim to purchase Atlanta properties where the rent they collect will provide most, if not all, of the income they need to pay their mortgage.
What about when dedicating a whole home to renting isn't feasible? Buying a home that has a basement apartment or other rental suite can be a worthwhile alternative.
However, renting out a spare room has its own challenges. Some of these are amplified by having a tenant onsite with your family. It's crucial to know exactly what you're getting into!
8
Applying for a Mortgage When You're Self-Employed
Our real estate agents show Atlanta homes for sale to self-employed buyers all the time! Yes, the mortgage approval process is more stringent for people who are self-employed. But no, it's not impossible to achieve your goals. It just requires a little bit more preparation. Mortgage lenders take a wide variety of factors into account when making a decision. In the long run, their focus is on ensuring buyers are financially stable and can repay loans with no issue. Some of the key factors they look at include:
- Employment history
- Length of residence at current address
- Credit history
- Current debt
- Monthly income
Self-employed people have all of these things, naturally. However, some of the information might be harder to pull together and present in a way lenders are willing to accept. Likewise, they may have questions about long-term financial stability, depending on occupation.
Luckily, there are steps self-employed buyers can take to make things easier. Let's look at them now.
25
Buying a Home? Use This Final Walk-Through Checklist
So here you are, in the home stretch of the home-buying process, having put in your time shopping Atlanta homes for sale and found the one that is just right for you. You've put an offer on it and had it accepted. Your financing is in place, the home inspection completed, and a closing date is scheduled. That means that it's time for the final walk-through to make sure everything is in order before you sign on the dotted line at the closing table.
You're sure to be excited at this point and eager to get past the formalities and into your new home, but it's essential to realize that the final walk-through isn't just a formality. It is an important step in ensuring that you get what you bargained for in your purchase agreement, and our real estate agents would certainly tell you that it's one to take very seriously. To help you make the most of it, we've put together a helpful final walk-through checklist for home buyers.
- Pack up a few things to take with you – To do a thorough job with your final walk-through, you'll need to take a few key documents and items along. These include your final purchase contract and home inspection summary to refer to as you check up on things, a notepad to list any concerns you may have, and a phone and charger, so you're able to take pictures and check outlets. It's also a good idea to take your real estate agent along for guidance during your walk-through.
10
Choosing an Atlanta Neighborhood: HOA Pros and Cons
One of the reasons that Atlanta is known as "The Hollywood of the South" arises from the many beautiful and well-manicured homes that are nestled within the landscape. More than a few of the Atlanta homes for sale in the city's finest neighborhoods feature exceptionally maintained lawns, lush parks, and everything from golf courses and swimming pools, to tennis courts and clubhouses.
As you might expect, a fair number of these homes and condos are overseen by homeowners associations (HOAs). There are pros and cons to HOAs, and you should be aware of these before you purchase your next home.
The Pros of an HOA in Atlanta
Your HOA will set rules regarding landscaping in the community. These rules govern what kinds of trees, grasses, shrubbery, etc. you can plant. This helps establish a uniform atmosphere that is visually appealing. The HOA will maintain the common areas such as parks and easements, and in many cases, they will also maintain the landscaping on your property, which means you won't have to worry about mowing, trimming, or weeding ever again.
HOAs will also serve as a mediator when your neighbor puts their car up on blocks, plays the radio too loud, or has a dog that won't stop barking into the wee hours of the morning. All you have to do is file a complaint or a request for help, and they will help resolve the problem.
11
7 Ways to Beat the Home-Selling Blues
Deciding to add your home to the list of Atlanta homes for sale is a big decision. For first-time sellers, it might be almost as big of a decision as buying a home in the first place. After all, selling your home successfully is something that affects your financial well-being and plans for the future. But there are ways to make things less stressful and help you get your home sold.
- Pick the right agent
A great agent can take a lot of stress out of the process. Take time to interview at least a few about the success they've recently had selling homes like yours. Make sure to view CMAs and ask about their marketing plan and strategies. Our real estate agents are happy to answer any questions you might have.