The townhome community of Lanier Walk, which began as a Touchstone Homes and JEH Homes neighborhood is now a Taylor Morrison community. Townhomes in the community are built from 2006 to 2015+. Most townhomes have from 2 to 3 bedrooms and 2.5 to 3.5 bathrooms. This neighborhood is located in the City of Cumming, Forsyth County 30041.
Built in the traditional to craftsman style, these townhomes have features such as 1 to 2 car garages. HOA fees, at time of post, are $165.00 a month. The neighborhood does not appear to have pool or tennis amenities.
List prices, from the beginning of the community to current list prices are between $97,500-$211,575. The average selling price, at time of post, is $153,088.00 and can take on average, 279 days on market to go to pending/under contract.
Directions / Location:-Traveling from Atlanta going 400 N, exit the Ga. 20-E exit toward Buford. keep Right at the fork follow signs for state hwy 20-E. Merge onto Ga. 20. Turn left on Sanders Rd, Turn Right onto Buford Dam Rd. Turn Right into Maple leaf terrace and town home community is on the left. Streets in the neighborhood of Lanier Walk include Maple Leaf Terrace, and Maple Park Place.
There is a wealth of information out there about one of North Fulton's largest (733 Homes located on over 900 acres) and most highly acclaimed neighborhoods, Country Club Of The South located in Johns Creek.
From the famous residences past and currently, (Whitney Houston, Garrison Hearst Football Player, Former Braves pitcher Tom Glavine, Jeff Foxworthy, Charlie Leibrandt Baseball Player, and Usher, to name a few). This gated community has home styles for classic traditional to Manor Estates priced well into the Millions.
I believe that sometimes a picture IS worth a thousand words and wanted to give you a brief snapshot of Country Club of the south in photos. I you are interested in seeing what is currently for sale in County Club of the South feel free to visit this:
The neighborhood of Cardinal Lake, which is located in the City of Duluth, Gwinnett County Georgia 30096, is a wonderful subdivision of homes conveniently located near 2 City parks, Shorty Howell Park and McDaniel Farm Park. There are homes in this Duluth community on slab (no basement) and basements (finished and unfinished).
Most of the homes have 2 car garages. Unique features about this community is Cardinal Lake which is a 40 acre lake full of bass and has a white sand beach that is used for swimming and playing. There is also a 9 acre lake called Canery Lake within the neighborhood.
The community amenities include Swimming Pool, Lake, Mary Paulsen Playground, Clubhouse and Tennis Courts and H.O.A (Home Owner Association) fees, at time of post, appear to be $550.00 a year with an initiation fee of $25.00. The community is a member of the Atlanta Audubon Society as well.
The list prices for a home in the past to present, at time of post, range in price from $40,000 to $699,900. Most homes built in the neighborhood between 1962-2008. Homes typically have from 2 to 6 bedrooms & 2 to 4 bathrooms.
The average selling price for a home, at time of post, is $173,744.00. Total amount of days on average, a home is listed for sale before going pending is 98 days, at time of post and the subdivision appears to have approximately 650 homes.
Neighborhood Public Schools (At Time Of Post)
Harris Elementary School
Duluth Middle School
Duluth High School
Directions to the community: I-85N to exit 105 toward Lawrenceville/Athens take Boggs Rd. NW exit turn left to left onto Duluth Hwy.(Ga.120) to left into Cardinal Lake Subdivision. Located between Pleasant Hill Rd and Duluth HWY. The streets located within the subdivision include Alnwick Drive, Blue Jay Drive, Bluebird Circle, Bob White Trail, Bunten Rd., Canary Lake Dr., Cardinal Lake Circle, Cardinal Lake Drive, Cardinal Trace, Hummingbird Drive, Irene Circle, Meadow Lark Trail, Meadow Lark Drive, Mockingbird Circle, Oriole Lane, Partridge Trail, Robin Ln., Seagul Drive, Whippoorwill Circle, and Wren Ave.
If you are interested in more Real Estate information on this Gwinnett County community or others around North Atlanta,or have A Real Estate related question, be sure to visit our RE/MAX Georgia Real Estate website @ www.NorthAtlantaHomeTeam.com.
Let us take a look at the Alpharetta real estate market in 30009 Zip Code. This zip code is an Alpharetta zip code and is one of 4 in the City of Alpharetta, North Fulton GA. Those being 30004, 30005, 30022 and of course 30009.
I wanted to compare the 30009 zip code with the other Alpharetta zips, to see what the average sold price is for a home in the last 12 months. You can also take a look at the same month last years % drop or gain in price by scrolling across the graph.
Brookhaven at Johns Creek is a John Chapman Community of homes for 55+ active adults (no one under 18 years of age eligible to reside in community). This is a gated active adult community located in North Fulton GA 30097. Opened in 2008, it is already an award winner.
Awards won are the 2009 Greater Atlanta Homebuilders Association Awards. GOLD for best amenity package, Silver for best building design for the Morningside, and Silver for best model merchandising for the Morningside.
Features of the properties in Brookhaven At Johns Creek include 3 and 4-bedroom one level attached condominium floor plans. 3 to 5-bedroom one level detached homes with full finished basement option. All-brick and stone construction with inviting front porches. Bonus room with full bath in ranch villas, optional screened in porch.
List prices, since the neighborhood broke ground to time of post, are between $265,000 to $585,000. The median selling price, at time of post, for both homes and properties built as attached condos, is $376,784.00 and takes about 192 Days On Market to sell in the Georgia MLS.
Schools At Time Of Post
Elementary: Shakerag Middle: River Trail High:Northview
Amenities include clubhouse with exercise room & kitchen, Two lighted tennis courts and walking trails, community garden, pet walk, Bocce & croquet areas, Heated Pool and gated entrance. HOA fees appear to be, at time of post, $240.00 a month with an initiation fee of $1,000.00.
Directions: From Peachtree Parkway (141 Medlock Bridge Rd) North to McGinnis Ferry Rd, Right on McGinnis Ferry to 3rd traffic light, Technology Circle. Right on Technology approximately 1/2 mile. Entrance to Brookhaven At Johns Creek is on the left.
Marietta GA is located in Cobb County Georgia. With the winter season just around the corner, there is a lot of new construction wrapping up and going on.
Builders are beginning to reduce prices since the summer, with the school starting moves, completed. Feel free to visit our Remax GA local real estate web site to see New Construction for sale in the City of Marietta.
Check out the Real Estate Market Report Chart Below to see how the Zip Code area of Alpharetta and Johns Creek is doing. As you will see, in the Home Market, there were a lot of sales in July and the median selling price is between $300,000 to $400,000.
When it comes to the attached home market, Townhomes and Condos, there is not a lot of inventory of sales due to the fact, there really is not a huge townhome and condo market in Alpharetta. The recent median sales price for a townhome is in the $200,000 range.
There are MANY questions about the new rules going into affect Jan 10th. QM specifically refers to Qualified Mortgages. The new laws require banks AND brokers to ensure that clients can repay their loans. Here is some information we hope you find helpful…
Fiction: The points and fees cap is going to put mortgage brokers out of business.
NOT TRUE…the new laws make it illegal for brokers to charge more than 3% in total lender fees. What this equates too for example is a broker or lender changing you $6,000 in their fees on a $200,000 loan. That is a LOT in fees and it is highly unusual for a lender to charge that much so this rule wouldn’t affect most transactions. I would guess most originators that work on volume are making 1-1.25% on average. Well below the 3% rule.
Fact: The Ability-to-Repay Rule does not cap all points and fees. Loans that are not Qualified Mortgages have no restrictions on the total amount of points and fees.
From a friend of mine: “If a loan is a Qualified Mortgage, it cannot include upfront points and fees greater than 3 percent of the total loan amount. Excessive upfront fees can encourage a “take the money and run” business model, where lenders do not have a big financial incentive to evaluate the riskiness of the loan because they make most of their money at the closing table.
The 3 percent cap on Qualified Mortgage fees is a reasonable limit that protects consumers and gives lenders the incentive to evaluate affordability over the life of the loan. The rule also makes allowances for smaller mortgages to ensure that responsible loans are not unintentionally affected.”
The CFPB (the govt agency enforcing these rules) is looking for things like ARM’s, interest only loans, and loans that are over 30 years in length…these will either be disallowed or scrutinized.
As always call your lender with ANY questions!
Max A Kallos 404-277-5884 cell 678-298-8947 e-fax firstname.lastname@example.org
Recognized in 'Atlanta' Magazine as a Five Star Mortgage Professional Endorsed by Emmy Winning Consumer Advocate Dale Cardwell!
This Marietta neighborhood of Glenside is located in Cobb County GA 30068 just off of Robinson Road between East Cobb Park / Fullers Park and Indian Hills Country Club.
The average list price for a home in Glenside ranges between $199,900 to $375,000. Most of the homes built between 1995 to 1996 in the community. Homes in the neighborhood have from 3 to 5 bedrooms & 2.5 to 3.5 bathrooms.
The median selling price for a home, at time of post, is $589,321.00. The average total list days on market is 94, at time of post.
The Neighborhood Schools At Time Of Post
High: North Atlanta
Home Owner Association (H.O.A.) fees, at time of post, appear to be $250.00 a year and that may be optional.
Streets in the community include Margaret Mitchell Drive NW., Moores Mill Road, Peachtree Battle Ave. NW, Ridge Valley Ct., Ridge Valley Road, Sequoyah Drive, Wesley Parkway.
Location: Take a Right off the Moores Mill exit(going either direction)to right on W Wesley. Left onto Wesley Pkwy. OR Go west on W Paces Ferry Rd to a Left on Nancy Crk. Left onto W Wesley Rd,and a Right onto Sequoyah Drive.
Foreclosures are also known as Bank Owned Properties. This usually occurs when a home owner is not able to keep up with the monthly mortgage payments and the home is not being paid off as it should. The bank takes the home back and sells it through an agency / broker /agent as a foreclosure.
Stages Of Foreclosure Process Pre-foreclosure: Homeowners fail to pay their mortgages for a period of three to six months, during which time they are issued a warning from the lender to pay up (within three months) or lose their home. At this early stage in the game, homeowners have several options by which to delay or prevent losing their home.
Auction stage: If homeowners are financially unable to meet their debts and/or fail to heed the bank's warning, they are evicted from their property, which the bank auctions off to the highest bidder.
Foreclosure: If the property is not sold at auction, the home goes back on the market as a bank-owned property (typically at below market value prices).
-The Association of Realtors definition is: A foreclosure is when the bank has taken action to foreclose on the property. In some states this may include judicial action. The “trustee” steps in and the property is scheduled for auction at the courthouse.
-The Merriam-Webster.com dictionary definition is: fore·clo·sure-noun \-'klo-zh?r\Definition of FORECLOSURE: an act or instance of foreclosing; specifically : a legal proceeding that bars or extinguishes a mortgagor's right of redeeming a mortgaged estate. HomePath.com is the Official foreclosure website owned by Fannie Mae.
"Do I have to put 20% down to avoid monthly PMI"? The answer is NO!
Let's start with PMI (Private Mortgage Insurance) itself. What is it? PMI is insurance that protects the bank in the event you, the home buyer, forecloses or fails to make timely payments. PMI is an additional monthly add on that benefits the bank.
Most lenders now offer loan products with NO monthly PMI. This is typically called ‘LPMI’. Lender paid mortgage insurance. These loans are great for borrowers who want to put less than 20% down and do not want the monthly add on of PMI. This product is available with as little as 3% down BUT requires very strong credit scores.
Most borrowers today are looking at options with 5-10% down. The PMI is still there in essence, it is just built into the interest rate versus a monthly PMI fee. For example you might put 10% down and take a rate of 4.5% 30 year fixed with a monthly PMI OR you could take a rate of 4.75% and NO monthly PMI.
While the interest rate is higher your overall monthly payment will be lower.
Every customer is unique…so talk to your lender before making any decisions and have them run some break even analysis for you on the options. The loan size and your long term goals can impact which programs and products make the most sense for you!
For More Info. Related To Loans And Mortgage, feel free to contact a great local North AtlantaMortgage Broker,
Max A Kallos
/ 678-298-8947 e-fax/