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Posts with tag 'For buyers'

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Atlanta, GA | 194 Posts
Buckhead GA | 1 Posts
Buy a Home | 56 Posts
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Hogansville, GA | 1 Posts
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Homeownership | 83 Posts
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Sell a Home | 29 Posts
September
27

Buying a Flipped House - Atlanta, GA - JYB Realty

You're not alone if you're flipping and flopping over buying a flipped house. Is it a good investment? Bad investment? Safe or risky? Our real estate agents know it's a tough decision. The fact is that some flipped properties can be beautiful opportunities, while others are poisoned fruit to be avoided at all costs. As with any real estate purchase, due diligence and a cautious eye can help you choose the former and avoid the latter.

Atlanta homes for sale are a hot commodity, and many investors are purchasing distressed properties, fixing them up, and selling them for a quick, tidy profit. Some of these individuals devote significant care and attention to every last detail in the process. Wary of potential legal consequences, these individuals go through the home and properly resolve critical issues such as leaking roofs and faulty wiring. They secure the necessary permits and ensure the work is done by qualified, licensed, and insured plumbers, electricians, roofers, etc. But, these individuals and the properties they renovate, restore, and remodel are not the norms.

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September
13

Improve Credit Score - Buy a House - JYB Realty

You may have heard that there is a shortage of real estate available in America, but our real estate agents want to assure you that there are plenty of magnificent Atlanta homes for sale, no matter your price range. But did you know that your credit score can change the affordability of your dream house? Credit scores not only make a difference in the mortgage rate but also in the type of loan for which you can qualify, including the amount of down payment required. Conventional mortgages usually require a minimum score of 620, FHA requires 580, VA and USDA require 640, and jumbo loans 700-740. Unfortunately, how these credit scores are calculated is a mystery to most consumers. Here are few ways to boost your score.

  • Don't apply for new credit
    Retailers are always pitching their store cards with promises of money-saving prices and cashback on purchases. Lenders look at your FICO score to determine creditworthiness. Opening new accounts over a short period of time can signal a greater credit risk to lenders. New credit accounts for about 10% of your score.

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August
16

Relocating to Atlanta - Buy a Home - JYB Realty

A new job. A desire to be closer to family. A change of scenery. There are many reasons why you might be looking to relocate to Atlanta. A cross-country move can be exciting, but it also adds a few more layers to the relocation process. The following tips by our real estate agents will help you avoid the pitfalls of buying a house out of state and ensure the deal goes smoothly.

  • Do Your Research
    Whether you're moving 30 miles or 3,000 miles away in a different state, you should do loads of research before making the big purchase. You need to prioritize what's most important to you in order to narrow down your choices. Do you want the shortest commute to work, picturesque scenery, or a high-ranking school district? Fire up Google and discover important details about a community's economic stability, employment potential, local crime rate, weather, schools, amenities, and more.

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July
26

Buying an Older Home - JYB Realty

Buying an older home can be a one-of-a-kind experience. Our real estate agents understand the sentimental appeal of a home whose walls are filled with history and character. If you're thinking about purchasing older Atlanta homes for sale, there's a lot to consider. We've laid out the pros and cons to help you decide if it's worth it.

The Pros

  • Charm and Craftsmanship
    These days, homes are somewhat cookie-cutter in style- they tend to have the same features and feel. Older houses come with plenty of character and charm. From the wide-plank wood floors, balustrades, and ornate stone fireplaces to vintage door knockers, sloping ceilings, and crown moldings in the corners, there are so many fun details to love in an older home.

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June
28

Competitive Housing Market - JYB Realty

The 2021 housing market is a royal flush for sellers – inventory is low, buyer demand is high, and mortgage rates are at historical lows. If you're buying in an extreme seller's market, you're bound to experience stiff competition, and you'll be expected to make quick decisions. In sought-after areas, houses like these Atlanta homes for sale are going under contract in just a matter of days due to competitive bidding.

So here's the question, is this a good time to buy? Yes, if you're ready. The best time to buy a home is when you're ready. Don't let the competition scare you from closing on your dream home.

Extremely low housing inventory has made it difficult for most buyers to lock in a deal. But fret not; with these tips, you'll be able to secure the right home for you.

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