Atlanta Home Buyers Guide

 Atlanta Home Buyers Guide

ATLANTA, GA –  In an effort to clear away some of the unknowns regarding what it takes to purchase real estate American’s Network Realty Group, Inc. has answered most every question a potential client could have in their newly produced Home Buyer Guide. “Thinking ahead we crafted an excellent resource for potential buyers who sometimes feel in the dark about what they can expect.  The process can be a bit intimidating sometimes.”  said Associate Broker, Telmo Bermeo.

Using seven videos to convey information the Home Buyer Guide covers topics like “Know Your Credit Score” where clients find information about Equafax, TransUnion and Experian – the three titans of credit reporting and what an optimum credit score should be.  Other videos include information regarding the importance of getting pre-approved for a mortgage, how to select a home location and a real estate professional, how to shop for a mortgage, the importance of home inspection and closing costs.

For more information visit www.kstrealty.com. America’s Network Realty Group, Inc. is located at 8097 Roswell Road Building C Suite 201 Sandy Springs GA 30350.  To contact by phone call 770-309-6417.  To connect via Facebook and Twitter visit https://www.facebook.com/HomesforsaleAtlanta and https://twitter.com/kstrealty respectively. To contact Telmo Bermeo in an email write tbermeo1@gmail.com.

Below is a series of videos explaining what you should be aware when purchasing you home for the first time, this also would help if you are an experienced home buyer. Please review the videos listed below and if you have any questions about buying or selling your home in the Atlanta metro area, give as a call at 770-309-6417

THE HOME BUYING GUIDE – KNOW YOUR CREDIT SCORE

Know your Credit Score.- When purchasing a home most likely you will need to obtain a mortgage loan, if that is the case, the first thing to do is request your credit score. There are  three credit bureaus : Equafax, TransUnion, and Experian. You may request the report from either company. Upon getting your credit report, be sure to examine carefully all transactions and if you find something that is not yours, or is older than seven years, make sure you dispute them immediately. Do this few months ahead, if you find that you have a problem or the report is incorrect, fixing your credit score could take several months. The higher your credit score, the lower your interest will be. Ideally, you want your credit score to be over 700. The credit score should be a FICO credit score and you can get a free copy of your credit report by visiting www.annualcreditreport.com.

THE HOME BUYING GUIDE  – GET PRE-APPROVED FOR A MORTGAGE

Get  pre-approved for a mortgage.- There is a difference between pre-approved a pre-qualified. When you get pre-approved, a Loan Officer will ask for the following documents: Taxes for the last two years, Bank Statements for the last three months, pay stubs for the last two months, employment verification , verification of down payment funds, and verification of your credit.  Upon you providing all these documents, a Loan Officer will have enough information about you to issue a pre-approval letter. Just for your information a loan pre-qualification letter is worthless, experienced Real Estate Agents will insist you on providing a loan approval letter before taking you out to show you properties. Even if you are not currently working with an agent, if you don’t have a loan approval letter, don’t waste your time running around looking for the perfect home, you don’t know how much you can afford, therefore you may be looking at the wrong properties.

THE HOME BUYING GUIDE – FIND A FULL TIME REAL ESTATE PROFESSIONAL

Find a full time Real Estate Professional.- Buying a home is most likely the largest purchase you will ever make during  your life, you do not need to take chances with new agents or part time agents as this could be very costly to you. Good professional Real Estate Agents are always in demand but that doesn’t mean you have to hire the first one that comes around, be sure to interview at least three agents before selecting one. When buying a home don’t be tempted to go alone thinking you will get a better deal by dealing directly with the listing agents, just for your information, the listing agents has a fiduciary duty to the home Seller that means that any information you tell him, he is obligated to tell his client, in this case the seller, however, he is not obligated to tell you anything about the Seller. This could be a huge disadvantage when negotiating the purchase of your home.  For those Buyers that they think they will save on commission, let me tell you, you are not paying any commission to the agent representing you, the Seller is paying that commission. Even if you negotiate your home without and agent, the listing agent has already negotiated the full commission with the Seller. Don’t make this mistake, you will be under-represented and may cost you thousands of dollars.

A good professional Real Estate Agent will help you find the best possible home at the best possible price in the most desirable location.

THE HOME BUYING GUIDE – SELECT A LOCATION WHERE YOU WANT TO LIVE

Select a location where you want to live.- In Real Estate it’s all about location, location, location. If you are a young family, you most likely will be interested in good schools, job opportunities and safe neighborhoods. If you a single you will probably be looking for a more dense area where young single people hang out and entertainment and night life is predominant. If you are an empty nester you will probably be looking for a location near major hospitals and good public transportation.

Location is so important in Real Estate, if you have selected a home in a desirable location, you home may not look as good as the one on a non-desirable location, but keep in mind, that you can always fix up the mediocre house in a desirable location, but you can’t move the nice home in a non-desirable location.

THE HOME BUYING GUIDE – SHOP FOR YOUR MORTGAGE

Shop for your mortgage.-  It is important to get your loan approved ahead of time, but is equally important once you are approved to shop with at least two other  financial outlets. Not all financial outlets have the same fees, just like anything else, some charge less some charge for the same items. How do you compare the cost between the mortgage companies you have selected?  It is easy, when you get the loan approval letter, the Loan Officer will also give you what is known as the Good Faith Estimate, in the good faith estimate will state how much is your interest, the type of interest you are getting, your loan origination fee and some other items. The most important items when comparing mortgages are those stated above, you want to compare apples to apples for example if the good faith estimate has that you are getting a 30 year fixed mortgage then you need to ask for a 30 year fixed mortgage from the second company, this way you will know you are comparing apples to apples.

The interest rate, even though, they all are looking at the same credit score one mortgage company maybe higher than the other because rates change every day.

Don’t make the mistake that most everyone does comparing different loan programs, instead figure out what loan program work for you and stick to it.

THE HOME BUYING GUIDE – COMPLETE HOME INSPECTION

Upon Finding your Dream Home, a complete home inspection is in order.- Doing a home inspection is money well spent, you do not want to find out that your plumbing or HVAC system is not working after you have purchased your house. The cost of hiring a home inspector ranges between $300 to $600 dollars depending on the size of the home you are purchasing, a standard home inspection doesn’t always include checking your sewer lines, your roof or the structure of your house, these items are provided at an additional cost, however, the cost of these additional items is minimal comparing to the costs of doing the repairs yourself. Most Sellers are aware of those repairs and are willing to negotiate down the sales price or are willing to help pay for the repairs. Don’t ever give in to the pressure of not doing an inspection report.

THE HOME BUYING GUIDE – FIND YOUR CLOSING COSTS AHEAD OF TIME

Find out all the cost of closing in advance.- Knowing your closing cost ahead of time will prevent unforeseen changes and will help you budget your funds better. There are many cost involved in closing your home, here are some of the cost that are almost on all closing transactions:

Property , City and County Taxes

Loan origination fees (up to 1.5% of the loan)

Appraisal Fees

Credit Report fees

Mortgage Insurance

Home Owner’s Insurance

Title Insurance

Attorney’s Fees

Transfer taxes

Title Examination fees

Find out the cost of all those items before the closing date, so you know exactly how much money you will need at closing.

In a nut shell, this is the home buying process, to speak or make an appointment with one of our professional Real Estate Agents, Contact us today at 770-309-6417

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Homes for Sale in Atlanta

Price
Beds
Baths
For Sale / All Types
$294,990
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,635
SQFT
7107 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$324,990
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
3,363
SQFT
7064 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$279,990
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
2,635
SQFT
7067 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
Price Change - 2 weeks ago
$279,990
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,635
SQFT
7027 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - 4 weeks online
$348,100
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,040
SQFT
646 Python Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - yesterday
$284,990
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,635
SQFT
6957 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - 4 weeks online
$304,990
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
3,040
SQFT
6937 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
New Listing - 3 weeks online
$284,990
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
2,635
SQFT
6904 Demeter Drive
Atlanta, GA 30349
Camden Manor Subdivision
$2,900,000
Single Family Home For Sale
Active
7
BED
9
TOTAL BATHS
15,159
SQFT
4690 Thompson Road
Atlanta, GA 30349
 
Price Change - 4 weeks ago
$6,950,000
Single Family Home For Sale
Active
9
BED
14
TOTAL BATHS
26,000
SQFT
4965 Butner Road
Atlanta, GA 30349
 
$310,235
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,443
SQFT
555 Dutchview Drive
Atlanta, GA 30349
WHISPERING WILLOWS Subdivision
$282,112
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,545
SQFT
7147 Glaspie Way
Atlanta, GA 30349
Kingsland Subdivision
$273,053
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,260
SQFT
3225 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$292,182
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,545
SQFT
3217 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$274,803
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,260
SQFT
3204 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$284,173
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,260
SQFT
7139 Glaspie Way
Atlanta, GA 30349
Kingsland Subdivision
$290,419
Single Family Home For Sale
Active
6
BED
4
TOTAL BATHS
2,680
SQFT
7135 Glaspie Way
Atlanta, GA 30349
Kingsland Subdivision
$312,089
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,680
SQFT
3221 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$279,353
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,260
SQFT
3216 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$307,071
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,545
SQFT
3208 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
$282,508
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,487
SQFT
3200 Camden Court
Atlanta, GA 30349
Kingsland Subdivision
New Listing - 3 weeks online
$270,789
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,122
SQFT
7143 Glaspie Way
Atlanta, GA 30349
Kingsland Subdivision
$245,700
Single Family Home For Sale
Pending
5
BED
4
TOTAL BATHS
2,404
SQFT
3492 Dacite Court
Atlanta, GA 30349
Flat Shoals Manor Subdivision
Short Sale
$129,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,366
SQFT
6425 Tahoe Drive
Atlanta, GA 30349
Ponderosa Subdivision
$167,490
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,000
SQFT
2205 Creel Road
Atlanta, GA 30349
Heritage Park Subdivision
$235,512
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,950
SQFT
5081 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
$234,920
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,950
SQFT
5075 Rapahoe Trail
Atlanta, GA 30349
Parkway Villages Subdivision
New Listing - yesterday
$340,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
2,850
SQFT
4296 Bellwood Circle
Atlanta, GA 30349
Stonewall Manor Subdivision
$324,900
Single Family Home For Sale
Pending
4
BED
3
TOTAL BATHS
2,759
SQFT
4288 Bellwood Circle
Atlanta, GA 30349
Stonewall Manor Subdivision
$450,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5618 Livesage Drive
Atlanta, GA 30349
Union Crossing Subdivision
$450,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5622 Livesage Drive
Atlanta, GA 30349
Union Crossing Subdivision
$475,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,200
SQFT
5667 Eternal Drive
Atlanta, GA 30349
UNION CROSSING Subdivision
$327,701
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,760
SQFT
513 Wolf Pack Lane
Atlanta, GA 30349
Wolf Creek Chase Subdivision
Price Change - 3 weeks ago
$339,990
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
3,331
SQFT
2856 Bluestone Drive SW
Atlanta, GA 30331
Summit At Stonewall Tell Subdivision
$362,001
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
3,433
SQFT
3394 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$319,245
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,802
SQFT
3378 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$322,869
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,890
SQFT
3370 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$360,910
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,802
SQFT
3373 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$358,981
Single Family Home For Sale
Pending
5
BED
2
TOTAL BATHS
3,433
SQFT
3346 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$329,650
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,802
SQFT
3330 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$319,745
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,802
SQFT
3314 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$314,955
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
2,711
SQFT
3313 Wolf Cub Circle
Atlanta, GA 30349
Wolf Creek Chase Subdivision
$357,900
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2309 Red Hibiscus Court
Atlanta, GA 30331
Cambridge Meadows Subdivision
New Listing - 7 days online
$269,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2301 Red Hibiscus Court
Atlanta, GA 30331
Cambridge Meadows Subdivision
$169,375
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
1,920
SQFT
5629 Grande Rivers Road
Atlanta, GA 30349
River Station Subdivision
New Listing - 2 weeks online
$520,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
3,896
SQFT
Cherry Orchard Place #H
996 Pitts Road
Atlanta, GA 30350
New Listing - 2 weeks online
$180,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,946
SQFT
1625 Tigris Court
Atlanta, GA 30349
Rivers Station Subdivision
Short Sale
$95,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
967
SQFT
5296 Brittany Trail
Atlanta, GA 30349
Yorketown Place Subdivision
$370,190
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
3,941
SQFT
3699 Wartrace Drive
Atlanta, GA 30331
Bedford Estates Subdivision
$321,990
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,890
SQFT
3636 Wartrace Drive
Atlanta, GA 30331
Overlook At Camp Creek Subdivision
$1,275,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,200
SQFT
1745 Tamworth Court
Atlanta, GA 30338
Dunwoody Club Forest Subdivision
$303,990
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,340
SQFT
3616 Wartrace Drive
Atlanta, GA 30331
Overlook At Camp Creek Subdivision
$410,045
Single Family Home For Sale
Pending
6
BED
4
TOTAL BATHS
3,776
SQFT
3530 Wartrace Drive
Atlanta, GA 30331
Bedford Estates Subdivision
$254,324
Single Family Home For Sale
Pending
3
BED
3
TOTAL BATHS
2,022
SQFT
3963 Lake Manor Way
Atlanta, GA 30349
Lakeside Preserve Subdivision
Price Change - 3 weeks ago
$300,990
Single Family Home For Sale
Pending
5
BED
3
TOTAL BATHS
2,511
SQFT
4363 Minkslide Drive
Atlanta, GA 30331
Overlook At Camp Creek Subdivision
Short Sale
$170,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,750
SQFT
2010 Wallace Road SW
Atlanta, GA 30331
Wallace Woods Subdivision
Short Sale
$410,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,414
SQFT
3613 Lake Estates Way
Atlanta, GA 30349
Lakeside Preserve Subdivision
$826,002
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
3,225
SQFT
4535 Atley Woods Drive SE
Atlanta, GA 30339
Woodland Preserve Subdivision
$698,341
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,682
SQFT
4527 Atley Woods Drive SE
Atlanta, GA 30339
Woodland Preserve Subdivision
$787,072
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
2,725
SQFT
4536 Atley Woods Drive SE
Atlanta, GA 30339
Woodland Preserve Subdivision