Phil Gentry’s Blog

Rob Chapman receiving his check and giving a little testimonial.

Dear Phillipe:

I wanted to take a moment to thank you for the assistance that your provided to Pete and me in closing on the sale of our new home. This transaction involved an unmotivated seller’s agent and an unresponsive bank that owned the home as a result of a foreclosure. Your advice during the multiple rounds of negotiation was invaluable to us in getting an amazing price on this home. We greatly appreciate how you kept the transaction moving toward the eventual closing in the face of several obstacles thrown up by the seller and their attorney. We also appreciate your recommendations regarding the financing of our home and how you coordinated with our mortgage broker and all of the other parties during the many twists and turns that this transaction took. You are a tireless advocate for your buyers, and we enthusiastically recommend you to both real estate novices and pros as a buyer’s agent.

Again, thanks for all of your help.

Best,
Amy Dosik

Plan ahead, agents say, when deciding to trade up

By Lori Johnston
For the Journal-Constitution
Published on: 01/13/08
Feeling the seven-year itch? That’s the average number of years first-time home buyers plan to own their home, according to the National Association of Realtors.The desire to move up to a larger home goes hand in hand with life changes. Read the rest of this entry »

More money for clients.

By LAURA RAINES
The Atlanta Journal-Constitution

In 1904, Grant Park was in its heyday. Wooded, rolling terrain close to Atlanta’s business center and Read the rest of this entry »

Law of supply and demand says: Buy a home now!
By DAVID ELLIS

For those first-time home buyers and even those looking to move up to a larger home, I offer a rather simple suggestion to start out 2008: Buy now.

Read the rest of this entry »

Brian Yearwood, Custom Mortgage, 678-992-7100
I use Robbye. Everyone at Custom Mortgage is Great!

 

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Rates are great and there’s a lot of homes to choose from but, don’t be fooled, there is plenty of competition out there too. On Monday of this week I heard something that seems to be all too familiar right now. When I went to place an offer on a home my client liked the agent told me, “sorry we already have a contract on that one”. It can be heartbreaking to find out that the home you finally decided on is no longer available.

The Media has been beating up the Real Estate estate market but, why? I understand the issues we have nationally but, what does that have to do with us here in Atlanta? We never had a huge bubble like Florida, California and a few other states. We haven’t had a huge loss in jobs like Michigan. The fact is we are a pretty stable market. Nationally there has been some issues with foreclosures but, why would that stop buyers from buying. It’s not going to effect property values like it has in other cities where there are other factors adding to their unfavorable market.

I see Atlanta buyers wising up. More and more buyers are coming out of the woodwork. Unfortunately, there are a few buyers sitting back waiting to see if they can get a better deal down the road. I don’t have a crystal ball so, I really can’t tell what the market is going to be like in 6 months to a year from now. However, I can tell you that every market is based on supply and demand. As more and more buyers start buying, seller’s will feel stronger and are not going to reduce their price.

House prices may not be on the steady rise but, the “quality inventory” is reducing. Now is a great time to buy.

I am proud to be a part of the auction team that assists charities all across Atlanta in raising money. Rhonda Duffy, licensed auctioneer, does auctions all year round and has broken records for fundraising consistently. If your organization needs help, contact Rhonda at the office and she will see if your charity fits her criteria. Here she is auctioning at Good Mews.

 

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