Aaron & Kelly Allen | Keller Williams Premier Atlanta | aaron@kellysellsatlanta.com | 404-863-8680 2554 Lakefield Way, Marietta, GA SOLD – SOLD – SOLD – SOLD!!!! 4BR/2+1BA Single Family House offered at $350,000 Year Built 2003 Sq Footage Unspecified Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION SOLD IN 46 DAYS FOR 95% OF LIST PRICE!! ************************************* Do you know someone who needs this kind of result right now? Call us to find out our strategy for successfully selling in this market! The KellySellsAtlanta Team | (404)863-8680 ************************************* * 4 bedrooms/2.5 baths * Perfectly nestled at the end of the cul-de-sac * Inviting two story foyer * Hardwood floors throughout most of main level * Separate living room and dining room * Great layout eat-in kitchen. Island with sink, contrasting black granite and wainscoting. View to Family room * Custom built-in desk in breakfast room, pantry, mudroom and large storage room * Master suite has private bath, walk-in closet and sitting area * Master bathroom with double vanity, separate shower & garden tub * Huge bonus room upstairs, great for office, media room or game room * Large secondary bedrooms * Deck provides ample room to entertain friends or just enjoy an evening glass of wine by yourself. Over .5 acres of backyard! * Basement is easily finished, is stubbed for a bath and tons of potential * Perfect neighborhood with two pools, playground, tennis and lake! * Low taxes and great schools see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Hardwood floor - Family room - Bonus/Rec room - Breakfast nook - Dishwasher - Stove/Oven - Microwave - Granite countertop - Stainless steel appliances - Basement - Laundry area – inside - Yard COMMUNITY FEATURES - Swimming pool(s) - Tennis court(s) - Lake - Playground ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: Aaron & Kelly Allen Keller Williams Premier Atlanta aaron@kellysellsatlanta.com 404-863-8680 For sale by agent/broker Equal Opportunity Housing Posted: Jun 15, 2010, 12:21pm PDT

]]> http://www.kellysellsatlanta.com/2010/06/15/just-sold-2554-lakefield-way-sold-in-46-days/feed/ 0 http://www.kellysellsatlanta.com/2010/04/20/fha-policy-changes-and-mortgage-rate-update/ http://www.kellysellsatlanta.com/2010/04/20/fha-policy-changes-and-mortgage-rate-update/#comments Wed, 21 Apr 2010 00:57:56 +0000 Kelly and Aaron http://www.kellysellsatlanta.com/?p=497 Hi All!

Mortgage Rates are slightly up .125% for Conventional Loans & .125% for FHA Loan Products! This means homes are basically going to “cost more” (when your rate goes up, so does your payment)!!!

Also, not only will homes begin to “cost more” when the tax credit expires and the mortgage rates creep up, but FHA Policy changes may also take a little out of your pocket at closing…(see FHA Policy Change info below).

Oh, and I’m sure you haven’t, but don’t forget that there are only 10 days left for a homebuyer to get Under Contract to meet the April 30th Deadline for the Tax Credit!!!

FHA Seller Sales Concession Policy Changes

FHA has sent the Notice soliciting public comments on lower allowable seller sales concessions (i.e. to pay for Buyer Closing Costs) from 6% of the home’s purchase price down to 3% to OMB for review. This means the Notice will probably be published for comment in 30-60 days. Accordingly, implementation will likely occur in late Summer (August or September).

TODAY’S MORTGAGE RATES:

30 Year FNMA: 4.875% with a .625% Origination Fee

15 Year FNMA: 4.250% with a .250% Origination Fee

30 Year Jumbo: 5.500% with a.875% Origination Fee

30 Year FHA: 4.750% with a .750% Origination Fee

7 Year FHA Arm: 3.750% with a .625% Origination Fee

Disclaimer: Rates are subject to change and are also based on the strength of the borrowers pre-qualification. ~source: Bank of America Home Loans

IMPORTANT DATES:

April 30, 2010: Cut-off date to be UNDER CONTRACT to qualify for the $8,000/$6,500.00 Tax Credit.

June 30th, 2010: Cut-off date to be for CLOSINGS to qualify for the $8,000/$6,500 Tax Credit.

The KellySellsAtlanta.com Team
Your 1 Stop Real Estate Shop

Good news is that Rates are staying somewhat flat at the start of the week, but they were trending upward last week…and the upward trend is expected to come again & continue. Who knows? It’s a moving target, but here’s what we’re seeing currently (sourced from Bank of America email):

30 Year FNMA: 4.875% with a .750% Origination Fee

15 Year FNMA: 4.250% with a .250% Origination Fee

30 Year Jumbo: 5.500% with a.875% Origination Fee

30 Year FHA: 4.750% with a .500% Origination Fee

7 Year FHA Arm: 3.750% with a .875% Origination Fee or 3.875% with a .375% Origination Fee

Disclaimer: Rates are subject to change and are also based on the strength of the borrowers pre-qualification. Please contact us at 404-863-8680 or email us and we can refer you to a lender & get you started.

…your next move is our business.
The KellySellsAtlanta.com Team of Keller Williams Realty

Currently there are just over 200 homes for sale in the Morningside District with an average list price of $703,889. There are 35 homes under contract (this is a HOT area) and in the last 3 months, 42 homes have sold for an average sales price of $581,184.

I’ve set up this hot sheet link for you (see below) to view all homes for sale in the Morningside Elementary School District. The list of homes is always up to date, so you can put it in your favorites & feel free to revisit anytime.

Once you’re ready, you can call or email us for a FREE home valuation on your home, to set up a listing appointment or to view some of these listed homes and we can tailor a search that fits your specific criteria.

Our Team would love to help…and until then, Happy Hunting!! Oh, and the tax credits expire in 3 weeks & mortgage rates have gone slightly this week…still really good rates, but seems like they may not stay in the 4′s too much longer.

Click here for a list of homes for sale in the Morningside Elementary School District!

Click here for the Morningside Elementary School Website…

HomeTeam@KellySellsAtlanta.com | www.KellySellsAtlanta.com | 404-863-8680 cell | 404-969-1600 office

Coming in early April, FHA’s upfront mortgage insurance should increase from 1.75% to 2.25% of the purchase price.  This fee is paid at closing as part of your Closing Costs or “rolled” into/added to your loan amount & you basically pay it with each mortgage payment.  This will increase a payment approximately $5/month on a $150,000 loan.  Nothing drastic…

Spot approvals (for condos) will be going away, possibly by end of February, but this has been rumored for a few months so we’re not sure when they’ll finally make this official.  Spot approvals are used for Condo units when the Building, as a whole, hasn’t been fully approved by FHA.  That doesn’t mean something’s wrong w/ the building…it may only mean that the building HOA or Management hasn’t taken the time to go through the FHA approval process.

Lenders will still be able to do FHA Spot Approvals, but it will just be a little more difficult for them & it will take a little longer to close a loan.  It would probably be smart to add 15 days to the Contract to Close timeline to give the Lender a little more time.  Some lenders, like the one we use, will still get the job done in 30 days if needed…give me a call & I can put you in touch with him.  Many others you talk to will ask you to schedule a 45 day closing to make sure they can get the job done in time, but our guy is no feet dragger…his team will make sure you’re not inconvenienced by this change.

Whether you’re thinking of Buying or Selling, this is a great market to reach those goals.  Buyers want that $8000 1st Time Homebuyer Tax Credit or the $6500 Move-up Buyer Tax Credit.  And since Buyers have been so active, the home inventory has drastically reduced, making it a very opportunistic market for Seller’s with a well priced home in good condition!!

Please feel free to call/text/email us with any questions or if we can help you in any way.

The KellySellsAtlanta.com Team
#1 Team in Keller Williams Premier Atlanta/Buckhead
404-863-8680 | aaron@kellysellsatlanta.com
www.KellySellsAtlanta.com
>> click here to see what homes in your n’hood are selling for…>>

Washington – Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat buyers.

The Tax credit provides up to $8,000.00 to first-time but is set to expire at the end of November.  The Commerce Department said Wednesday that new home sales fell 3.6% in September, and some industry representatives blamed uncertainty about the tax credit.

Senators agreed to extend the existing $8,000.00 tax credit for first-time home buyers while offering a reduced credit of up to $6,500.00 to repeat buyers who have owned their current homes for at least 5 years, said Regan Lachapelle, a spokeswoman for Senate Majority Leader Harry Reid, D-Nev.

The tax credits would be available to home buyers who sign sales agreements by the end of April.  They would have until the end of June to close on their new home, according to a summary of the legislation being circulated among lawmakers.

If there’s anything we can do to help someone you know that needs to buy, sell or wants to invest, please don’t hesitate to call us.  We’ll follow up w/ your referral today & do everything we can to make you look like a hero.

Your next move is our business…

The Kelly Sells Atlanta Team
www.KellySellsAtlanta.com > click to search all metro Atlanta Homes for Sale

This is one of the most popular Elementary, Middle & High School combos in all of Metro Atlanta…and it’s so close to Sandy Springs & Buckhead, you’d never even feel like you’re waaaay out in Cobb County.  Get your kids into the best school district possible!

All the Active listings are right here & updated in Real Time! Enjoy & let us know once you’re ready to go see some homes and if you’d like a more tailored search (to your price range, minimum bed & bath combination, etc) just click here to shoot me an email & I’ll get it going…

Right now, the Median List Price in the area (for homes under $1mil & over $200k) is $$595,541.

The Median Sales price since 4/1/09 has been $473,217 and there are currently 18 under contract. 

There are 43 homes currently available but only 4 listed under the max FHA Loan Amount of $346,250 & only 7 that are listed under the $417,000 Jumbo Loan amount! (FHA requires only 3.5% down, Conventional Loans 5%, but Jumbo requires 20%)

Don’t hesitate much longer!  There are just over 80 days left to qualify for the $8000 Tax Credit for 1st Time Buyers.

www.KellySellsAtlanta.com for all your metro-Atlanta Real Estate needs.

The Kelly Sells Atlanta Team > your next move is our business…

Hey gang!  Real quick, 

The Case-Shiller Home Price Index rose to a seasonally adjusted 1.4% in June making this the 2nd month in a row to see an increase AND it was broad based as prices rose in 18 of the 20 cities used in the survey.  Good news for housing.  New home sales for July were reported higher and better than expectations.  Adding to the positive tone of the report was a drop in home inventory, which now stands at a 7.5 month supply, down from last month’s 8.8 month reading.  More good news for housing. 

Despite the good housing news, rates remain unchanged this week.  But home buying is still brisk for 1^st time buyers as the deadline for the tax credit approaches.

This week rates bounced around the 5% mark depending on credit and points.

Buyers – the time is now.  Sellers – same to you!  The Buyers are out & in droves so if you can reach your goal to be the best looking home & priced competitvely, statistics show your metro Atlanta home will sell in proximately 25 days for 96% of list price!

If there’s anything we can do to help you, your friends, family or co-workers, we’re only a call away.

Your next move is our business

Aaron & Kelly Allen | Your Neighbors.  Your Real Estate Experts.

The Kelly Sells Atlanta Team of Keller Williams Realty

Click here to SEARCH ATLANTA HOMES FOR SALE!
Click here to SEE WHAT HOMES IN YOUR NEIGHBORHOOD ARE SELLING FOR!