A new and costly rule called Qualified Residential Mortgage is being considered by federal regulators. If the proposal passes it would require home buyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses and turned it into an unintended penalty on home Buyers AND home Sellers.
We are excited to announce yet another contract is pending at Powder Creek in West Cobb. Slated to close in late Summer, the Homebuyers are currently residents of Kennesaw and are eager to make the transition prior to the start of the new school year. Asked why Powder Creek and why in particular Powder Springs- their response was simple. They had been looking off and on for over two years and had not found such...
In the sought after town of Suwanee GA, the most anticipated event of the year is Suwanee Day. Held on September 17th this year, this popular festival will take place from 10am-10pm, and will expect to draw upwards of 40,000 people to Suwanee. The fun and excitement of Suwanee Day will kick off with a parade and will feature over 100 arts and crafts exhibitors, bounce houses, delicious food, and the annualfireworks show. There will...
Tamra Wade & Partners is excited to have just listed this adorable ranch home in sought after Roswell! This beauty boasts 4 bedrooms, 2 full baths, and a partially finished basement with bonus room. Pride of Ownership shows in this home, which has been fully renovated. Just a few of the great features of this home are the rustic hardwood floors throughout the family room and master bedroom, open kitchen with island and breakfast nook,...
Most widely known as the 4th of July or Independence Day, July 4th has been a federal holiday in the United States since 1941, but the tradition of Independence Day celebrations goes back to the 18th century and the American Revolution from 1775-1783. In June 1776, representatives of the 13 colonies who were then fighting in the revolutionary struggle, weighed in on a resolution that would declare their independence from Great Britain. On July 2nd,...
First came the kids, then the newlyweds, and next the first-time home buyers that were attracted to West Cobb County by reasonable housing prices and excellent schools. Now their parents are following in their footsteps and moving West. Drawn by the desire to participate in the active lives of their grandchildren, baby boomers are downsizing to Cobb County in increasing numbers and reaping many benefits in addition to family bonding. The Cobb County senior tax...
Do you have 20% to put down on the purchase of a new home? Pretty soon you may have to. Right now, Federal regulators are trying to pass a bill in Congress that would require all Home Buyers to have a 20% down payment when purchasing a home. This bill could be passed as early as this summer. If you are considering buying a new home, NOW IS THE TIME! Interest rates are lower then...
According to a recent article by Clark Howard, now is a fantastic time to buy a home, especially for first time home buyers and those who are renting, but would like to own. Economists are saying that affordable housing is at the best level it's been in over 40 years! Interest rates are at 4.5% today, and there are numerous down payment assistance programs available, no matter where you live. What does that mean...
