17 Cambridge Way

May 21st, 2014 mullinaxteam Posted in Home Care, Home Values, Real Estate, Real Estate Information, Real Estate News Comments Off on 17 Cambridge Way

Beautiful rental home in the luxurious Village at Waterside.  Mountain views on a cul-de-sac lot.  Master on the main, huge upper loft, tigerwood floors in the living area and kitchen.  Granite throughout, built-in seating in master bedroom , huge unfinished basement and the list goes on.  17 Cambridge  Way  is a rental.  Monthly rent is $2500.00  Call Bonnie at 770-606-0054  for more information.Front


16 Oxford Drive

May 21st, 2014 mullinaxteam Posted in First-time home-buyer, Real Estate, Real Estate Information, Real Estate News, Real Estate Tips and Advice, Sellers Comments Off on 16 Oxford Drive

Exterior frontMagnificent river front European masterpiece with spectacular views of the Etowah river.  The homes exquisitely appointed interior is show cased across 3 levels with 10 foot ceilings, gleaming hardwood floors and 2 master suites.  The finished terrace level has one of the master suites, a theatre, full bar, billiards room and several entertainment areas.  This is the perfect nanny or in-law suite.  16 Oxford Drive is priced at $875,000.  Call us today for more details at 770-606-0054.


28 Carrington Drive, Cartersville, GA 30120

April 14th, 2014 mullinaxteam Posted in Buyers, First-time home-buyer, Real Estate, Real Estate Information, Real Estate News, Real Estate Tips and Advice, Sellers Comments Off on 28 Carrington Drive, Cartersville, GA 30120

Front bestImpeccable and stylish describes this picture perfect, in the City, ranch home on a flat fenced lot near Dellinger Park. Enormous two story great room plus a bright additional sun room. A true expansive ‘Master Retreat’, formal dining room and 2 additional bedrooms on the main level. Upstairs boasts the 4th bedroom plus a walk-out attic with so much potential for additional rooms.  The Kitchen has gorgeous stained cabinets, Bosch dishwasher and top of the line stainless appliances.  This beauty has new light fixtures, custom window treatments and so much more.  28 Carrington Drive is priced at $229,450.  Call us today for more details at 770-606-0054.


230 Lakeshore Circle

April 2nd, 2013 mullinaxteam Posted in Buyers, Real Estate, Real Estate Information, Real Estate News Comments Off on 230 Lakeshore Circle

SDC12290 SDC12291 SDC12293 SDC12294 SDC12297 SDC12300Beautiful building site on Lake Allatoona. Panaromaic view of year round deep water. Dock with permit


64 Berkeley Place

July 18th, 2012 mullinaxteam Posted in Buyers, Downsizing, Real Estate News, Sellers Comments Off on 64 Berkeley Place

Adorable and turnkey ready! End unit with refrigerator and all the appliances.  This home is so well maintained and landscaped, your clients will fall in love immediately.  Why rent when it is cheaper to purchase this jewel.  64 Berkeley Place is priced at $45,000.  Call us today for more details at 770-606-0054.


Foreclosure Myths of 2012

April 13th, 2012 mullinaxteam Posted in Buyers, Foreclosure, Home Values, Real Estate, Real Estate Information, Real Estate News, Real Estate Report, Short Sale Comments Off on Foreclosure Myths of 2012

Although they’ve simmered down somewhat since 2009, foreclosures are still controlling the real estate market as we know it.  With all the talk of foreclosure drama many half-truths, rumors, and flat-out lies have surfaced. To help separate fact from fiction, we turned to a recent Trulia blog, which talks about a few misconception and embellishments that are still going around the country.

1. There is going to be a flood of new foreclosure to the market.

Banks have learned that their control of local inventory can influence can local prices.  By introducing homes in calculated ways, rather than in one swoop, they know they’ll realize higher prices.  And banks have also learned that if they can lessen their losses by giving the go ahead to short sales, everybody come out better.

2.  You can go directly to a bank to buy a foreclosure.

No, sorry. The truth is, banks first offer properties on the courthouse steps which is a cash purchase. The rest of them get handed out to asset managers, who then hire local REO agents to list them on the market.

3.  You can steal a deal by doing lowball offers on foreclosures.

Banks want REO’s off their books anywhere from 30-120 days so they normally list them slightly below comparable properties.  If the property is slow to sell, the bank will slash the price after about 30 typically (not all banks do this). Most banks are interested in neighborhood stabilization so those giveaways are out there but not the norm.

4.  You can’t use foreclosures when doing an appraisal.

According to Trulia, it’s time to discredit this myths in many neighborhoods, foreclosures and distressed sales and or short sales are the only comp you’ve got.  So, they represent the value of homes in the area.

5.  Foreclosures are only affecting the bottom end of the market.

While the market share of foreclosed homes under $1 million is retreating, foreclosed properties valued at more than $1 million are rising up 115 % since 2007. Foreclosures on properties valued in excess of $2 million have increased 273%.

Source:  Pro.TruliaBlog.com

 

 


15 Brown Drive, Cartersville, Ga

November 12th, 2010 mullinaxteam Posted in Buyers, Downsizing, First-time home-buyer, Real Estate, Real Estate Information, Real Estate News, Real Estate Report, Real Estate Tips and Advice, Realtor Comments Off on 15 Brown Drive, Cartersville, Ga

Adorable ranch on almost an acre! Rocking chair front porch. This home has a new stove, new bathroom tile and has been freshly painted. Great school district.  Priced at $115,000.  Call us today for more details at 770-606-0054.


Important Changes to Mortgage Underwriting

August 11th, 2010 mullinaxteam Posted in Buyers, Real Estate, Real Estate Information, Real Estate News Comments Off on Important Changes to Mortgage Underwriting

Important Changes to Mortgage Underwriting

RisMedia just published this blog post regarding important mortgage underwriting changes that could affect many buyers.  Mainly, buyers need to be aware that lenders will re-pull their credit scores, pay stubs, validate social security numbers and verify intent to occupy just before closing.  It is imperitive that potential buyers be honest and up front with their information with the initial application and not make any major purchases or do anything that would affect their credit scores or job status before closing.  If lenders find potential buyers have mis-represented their situation in any way they can potentially be charged with fraud.  Read on for more details


New Listing: 38 Centerport Drive White, GA 30184 *Short Sale*

August 10th, 2010 mullinaxteam Posted in Buyers, Real Estate, Real Estate News Comments Off on New Listing: 38 Centerport Drive White, GA 30184 *Short Sale*

New Listing: 38 Centerport Drive White, GA 30184 *Short Sale*

This is a cupcake home!  This stunning, traditional home is loaded with lovely upgrades on every level.  Expansive open kitchen, vaulted dramatic family room and master on the main.  The basement offers a huge den, 2 playrooms, office and so much storage.  38 Centerport is listed at $165,000. 

Please call us at 770-606-0054 to speak to a team member for more details!


Big Names in Real Estate are Investing

August 8th, 2010 mullinaxteam Posted in Real Estate News Comments Off on Big Names in Real Estate are Investing

Big Names in Real Estate are Investing

Some of the biggest names in real estate and personal finance addressed this year’s STAR POWER Conference with a unifying theme: real estate is on sale and investors are needed.   The STAR POWER conference is open to the top selling agents around the country where they can come together and share what is currently working in real estate.

With the current economy offering so many foreclosures and short sales, there are a ton of great deals waiting to be bought.

Alex Perriello, CEO of Realogy Franchise Group, spoke directly to the agents in the audience, asking: “Why don’t you take things into your own hands? I can’t think of a better strategy right now than buying property … for investment.”

In addition, during his highly anticipated keynote address, bestselling author and nationally syndicated radio host Dave Ramsey reinforced his real estate roots and perspectives on today’s market: “Over the past 18 months I’ve been buying real estate … I used to buy and sell foreclosures, but I’ve never seen deals like today.”

If you are interested in investing in the current hot deals on the market, please don’t hesitate to let me know.  I can help with all of your investment needs.

Post adapted from CDPE blog, July 27, 2010.