Home Buyers Be AWARE...NOW may really be your time to Buy that home!

Home Buyers...just shy of a month ago interest rates were at 5.25% on average and now hover around 6%. On a $200,000 home with a 30 year fixed mortgage that equates to an additional $94.70 a month more than a month ago and means, based on a 5.25% rate vs a 6% rate a house worth $17,150.00 more in upgrades on a new home or the eqivalent in more home if you are looking to buy a resale. Don't beleive me...then click HERE and use a mortgage calculator and see for yourself!

HOME BUYERS...MAKE YOURSELF AWARE

With the latter in mind, consider this...we are coming into a spring market where there will be more buyers looking for homes which will begin to stabalize listing prices on existing homes and new builds for a period, but moreover, consider this...Lenders (investors) have taken quite a hit with foreclosures and short sales and even though the Federal Reserve has lowered the rate they charge banks for loans, long term interests rates are rising. Do you wonder why? Of course you do! Investors (Lenders) have lost a great deal of money and are attempting to recoup some of their losses by raising the bar on credit scores and down payments and most importantly borrowing money at a low low rate and increasing long term rates to recoup these losses. What does this mean to you? It means that you should put your thinking cap on and read and reread this post and get your Real Estate agent searching for that home you have been putting off ... NOW! Interest rates are still good at this time but the trend is that they may continue to increase as lenders attempt to recoup their losses from foreclosures on the backs of buyers...so jump in and Buy. In this current market, he/she who hesitates will take losses!

have more questions or concerns???

Call Don Lantier at 770-434-7302 or 77-309-5297 or

Click HERE to Chat Live NOW

SEARCH HOMES FOR SALE IN COBB COUNTY, GEORGIA

the folks at Lantierrealty.com

SEARCH HOMES FOR SALE IN COBB COUNTY, GEORGIA

HOME BUYER ALERT...mortgage rates continue to rise..go buy that home NOW

Home Buyers...NOW may very well be the time to make the leap to home ownership as Mortgage rates continue to climb for two distinct reasons... investors fear continued inflation while banks and Mortgage Companies, because of the slew of foreclosures are moving interest rates higher to recoup their losses. You will not hear Lenders speak about increasing mortgage rates because of the increasing losses they are incurring because of foreclosures they are eating but you can bet that is the reason they are. Since foreclosures are still on the increase and mortgage rates are very likely tied to the increase, NOW may be the best time to get out with your Real Estate Agent and find that home.

Here is a link to the changes of interest rates over the last three months:

http://www.bankrate.com/nltrack/publ/30yrmolg.asp

need help finding a well priced home in the Cobb County, Georgia area? call 770-434-7302 or Search the MLS for free at bottom of this post!

the folks at Lantierrealty.com

SEARCH HOMES FOR SALE IN COBB COUNTY, GEORGIA

Releif for HomeOwners facing Foreclosure

Great News is beginning to surface for HomeOwners nearing Foreclosure. Anything that the government can do to lessen the blow helps all housing market sectors. This is a very important move NOW because even the mortgage Insurances guarantors are teetering on closing up shop for home mortgages which would be a very serious blow to the housing economy! This will mean seeing less homes in the Cobb county Georgia area go back to banks....looks like we are beginning to see some very smart movement! In the end for investors in Securities, banks and homeowners in general, it's about the long term conequences if everybody does not compromise and bite a smaller bullet as opposed to sitting tight, doing nothing and bite the cannon ball down the road, so to speak!

Better it be that Investors take less of a blow now than have to unload a multitude of foreclosures and really loose money.

The Bush administration, facing a worsening housing slump, has announced a new initiative that is aimed at helping homeowners about to lose their homes by putting the foreclosure process on hold for 30 days.

the folks at Lantierrealty.com

New Townhome community in Smyrna~Vinings, GA

Despite the building slowdown there are still some communities being built in and around the Smyrna~Vinings area. These Townhomes are close in to 285 and South cobb Drive.

Winmark Builders constructing town homes from $260,000.

Westhill

From the $260s

Winmark proudly introduces its first community in Cobb County. A great example of Winmark's high quality homes, Westhill offers three-story luxury townhomes in one of the most sought-after areas of Cobb County near the intersection of I-285 and I-75. With fine shopping just minutes away, proximity to the Silver Comet trail and easy access to downtown parks and entertainment venues, there's something for everyone here.

• Now Pre-selling!


• Dual master suites to 4-bedroom options


• Bonus rooms and 2-car garages available


• Swim community with cabana


• Spacious Floor Plans


• 

if you are interested in previewing this community call the folks at Lantierrealty.com