Hurry – Only 4 Remain
Inman Green located in Historic Inman Park in Atlanta Georgia.
Open Weekends 1pm – 4pm
Lullwater Conservation Garden
Spring Daffodils
Lullwater Conservation Garden and Bird Sanctuary is a treat to visit. I visited the garden today for the fist time and was literally moved to tears by its natural beauty. The 6.5 acre garden has been maintained by the Lullwater Garden club since 1931. In 1964 the Lullwater Garden Club purchased it from Emory University for $1500. There is a restoration project underway. There are invasive plants on the land and the goal is to bring it to its natural state. 
The garden lies in the center of the Historic Druid Hills neighborhood in Atlanta Georgia. Druid Hills was one of the last major communities designed by Fredrick Law Olmsted. Druid Hills didn’t even begin being developed until after his death. Fredrick Olmsted is recognized as the father of American Landscape Architecture. He believed that nature could help resore balance with city life.
I believe that Olmsted’s intent (with the help of the Lullwater Garden Club) has been realized. I was certainly brought into balance today. I am looking forward to going back tomorrow morning.
Fellow Atlantans and visitors… if you are looking for a little peace in the city, stroll through the Lullwater Conservation Garden and Bird Sanctuary. It was certainly perfect for me!
Construction to Permanent Financing Programs
Construction to Permanent Financing Programs
Building a custom home in Atlanta GA starts with your vision – one that includes new architectural plans, distinctive features and an ideal location. With the expertise of Area Atlanta Real Estate and construction to permanent financing from SunTrust Mortgage, your vision can be brought to life.
Our construction to permanent financing is dual-phased. You will make interest-only* payments on the outstanding principal during the construction phase and then, once construction is completed, the loan will roll into the permanent phase. Best of all, our one-time application and closing process will save your client time and money, allowing the focus to be on what matters most – building a new home.
• Your choice of loan programs:
- Fixed rate with interest rate float down option
- Adjustable rate** with the option to modify
• Lock in their interest rate at the start of construction
• Primary and second/vacation homes eligible
Contact me (Julie Beaty) today for additional information.
Julie Beaty
President’s Club 2007-2010
Vice President | SunTrust Mortgage,Inc. l 404-456-1725 (o) | 770-551-4819 (f)
* Monthly payments of interest only will not reduce the principal owed.
** Adjustable Rate Mortgage (ARM) products have interest rates that may increase after consummation.
Buy Green = Get Green
Inman Green is a small contemporary condo development located historic Inman Park in Intown Atlanta. The developers of Inman Green (Pelle Development) partnered with Southface Energy Institute in Atlanta Georgia to work on a pilot project for LEED for Homes. It was through this project that Inman Green was awarded the United States Green Building Council (USGBC) Gold Level LEED for Homes Certification. Inman Green is also EarthCraft and Energy Star certified.
All of this is great. Besides feeling good about doing your part for the environment, what does it mean to you? Well…. a Gold Level LEED certified building has an average of energy savings approaching 50%!
Sexy, Stylish, & Energy Efficient - Inman Green!
If you couple the Green that you will save on your utilities at Inman Green with the Green that you could get back for the first time home buyer tax credit….. that’s a lot of GREEN!
The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify. *source: federalhousingtaxcredit.com
At Area Atlanta Real Estate, we want to help you find an AREA that you love (in time for your tax credit)! Give us a call or email us to arrange to see Inman Green in person. We are also have the Model open Saturdays and Sundays from 1pm to 4pm.
Condo Lending In 2010
The good news is we ARE doing condominium loans in Atlanta Georgia!
FHA:
You can get a NEW PROJECTS approved for lending through the end of 2010.
The 2 options for this are:
1) Delegated Review- SunTrust can perform this for FHA- 30 days approx turnaround (DEL RAP)
2) Full Review by FHA- if we don’t get a clear picture we will send directly to FHA- 6 weeks turn-around (H RAP)
For EXISTING PROJECTS: (this process is in place till end of 2010)
1) We review the FHA list (yes there is still a list) and it will tell us what data we need to collect to “Re-certify” the project (5 days)
2) If not on the list, we can Re-validate the project (21 days)
Conventional:
We will check the Fannie Mae list (yes there is still one, small though). We will also check our SunTrust approved list.
If not on either, we approve Fannie Mae condo’s in house. This will take 7-10 days.
We usually need condo doc’s and HOA contact phone number. At a minimum please send the HOA contact.
We can do Fannie with 10% down and I think we will soon have PMI companies allowing 95% again.
Gotcha’s: These are the things that will cause trouble in approving the complex.
1) The insurance policy has a term that expires within 30 days of closing
2) The policies are in the name of the management company, not the HOA
3) Fidelity coverage (employee theft) is less than the Fannie requirement of 3 months of HOA plus reserves.
4) The project is in litigation
5) The dues or delinquent by 15% for 30 or more days
6) H06- GA law states that HOA is to cover the bare walls…a lot of projects don’t do this. I will walk your client through getting this coverage for 10% of value
7) If the HOA is in the middle of collecting for special assessments (we will need detailed info on the reason for it).
***Right now, FHA is allowing that 100% of the loans in a project can be FHA- this is through the end of 2010 then drops to 30%.
I know some of you have heard this change is occurring this year. We see now that’s not the case.
Julie Beaty
2008 Chairman’s Team
Vice President | SunTrust Mortgage, Inc.
404-456-1725 (o) | 770-551-4819 (f)
Apply online here! www.suntrustmortgage.com/jbeaty
Title Insurance Rate Calculator
In response to the new federal regulations requiring better estimates of closing costs for borrowers and purchasers, we have implemented an easy-to-use rate calculator on our website, www.fryerclosings.com.
Here’s how it works:
Loan officers completing a Good Faith Estimate (GFE) for a refinance closing will select Loan Policy, enter the loan amount and click “Calculate” to determine the Lender’s Title Insurance Policy rate.
For Lender’s and Owner’s policy rates on a purchase in which the purchaser is obtaining a loan, choose either Basic Simultaneous (for a lender’s policy plus basic owner’s coverage) or Enhanced Simultaneous (for lender’s policy with enhanced owner’s coverage), enter the loan amount and purchase price (Property Value) and click “Calculate”. This will give you the total premium amount, as well as a breakdown of premiums for the lender’s and owner’s policies.
Realtors seeking to determine the price of an Owner’s Title Insurance policy for an all-cash closing, will select either Basic Owner Policy (for a basic rate) or Enhanced Owner for an enhanced policy; enter the sales price in the space provided (Property Value), and click “Calculate”.
Click on the following link and give it a try:
Title Insurance Rate Calculator
Ultimately, the decision whether to purchase a basic or an enhanced owner’s policy rests with the purchaser. When you (the borrower) are shopping for title insurance quotes, please make sure you are receiving pricing on the same/comparable product; a lower quote based on a basic policy rate may seem like a good deal, but will not offer the same protection as an enhanced policy, should the need arise. Based on claims history in the metro-Atlanta area, most informed consumers and attorneys request enhanced coverage, especially when a new survey is not obtained. Please read, and direct your clients to read, our comparison of Basic and Enhanced Owner’s Title Policies and why we believe that Enhanced policies offer them the best protection for the money. For a more detailed explanation and comparison of the two types of Owner’s policies, please feel free to contact one of the attorneys at Fryer Law Firm.
What Impact do you have?
What is your impact?
I recently heard of a guy who decided to go on a one year carbon cleanse! A total cleanse. And, he is married and had a 2 year old at the time! His name is Colin Beavan and he is known as No Impact Man. He documented his year and there is a movie and book about it. He has created a viral movement. There is now a No Impact Project and a No Impact Curriculum for Middle and High School Teachers.
I thought, could I do that? Well, the No Impact Project invites you to do a carbon cleanse – a 1 week carbon cleanse!
I am still thinking about it. If you decided to cleanse for a week – post it here and let us know about your progress. Or, maybe you have already done a cleanse and you want to share!
Watch the Video about how you can do the 1 week cleanse – the No Impact Experiment
No Impact Man “Official Trailer”
Calculate Your Ecological Footprint
Calculate Your Ecological Footprint
Your ecological footprint measures your demand on nature. How fast do you consume and generate waste compared to how fast nature can absorb your waste and generate new resources? Click Here to calculate your ecological footprint.
What is the difference between ecological footprint and carbon footprint?
Ecological footprint measures your demand on the Earth’s ecosystem and carbon footprint is the total set of greenhouse gas caused by you. Carbon footprint is a subset of ecological footprint.
What are some things you can do to help reduce your footprint?
You may also want to purchase carbon offsets. A carbon offset company offers financial support of projects that reduce greenhouse gas emissions.
Hopefully this will give you something to think about and some things to implement.
Have fun!
972 Dekalb, Unit 102 – Contemporary Living at Inman Green
Asking: $184,900
Bedrooms: 1
Baths: 1
Hurry for the tax credit!
Fall in love with the contemporary style. Features: tankless hotwater heater, covered outdoor living space w fireplace, all appliances included. You won’t be disappointed.
Open weekends from 1pm – 4pm or by appointment. Give us a call or stop by!
76 Randolph Street
This is a beautiful, newer 3 bedroom, 2.5 bath custom home with detached 2-car garage for sale in the historic Old Fourth Ward neighborhood of Atlanta. Built in 2003 by a professional builder, this 2-story NeoCraftsman home has amazing, top-of-the-line details throughout, including hardwood flooring, decorative moldings, and high-end fixtures and appliances. On the main level, the house features: an elegant entry foyer; a formal living room; separate formal dining room with coffered ceiling; a bright and spacious family room with a wood-burning fireplace (gas starter), built-in media center, and patio doors to backyard; a gourmet kitchen with custom, solid cherry cabinets, granite countertops, tumbled stone backsplash, and high-end stainless steel appliances; separate breakfast area with butler’s pantry; a fabulous home office with built-in shelving and patio door to back porch; and a guest powder room. The family room and office both have doors out to a wonderful, covered back porch that leads out to a spectacular backyard oasis with in-ground pool and professional landscaping. Upstairs you’ll find 3 bedrooms and 2 full bathrooms. The master suite features a wonderful master bedroom with wood-burning fireplace (gas starter); 2 walk-in closets; and a luxurious private master bathroom with oversized double vanity; jetted soaking tub; separate, oversized shower; private water closet; and linen closet. There are 2 additional bedrooms on this level, each with a walk-in closet and private dressing room with access to the Jack & Jill bathroom. The laundry room is conveniently located off the upstairs landing. This home has alley access to a detached 2-car garage with additional storage space and a large, unfinished room above.
This home is located in the historic Old Fourth Ward neighborhood, which is just east of Downtown, west of Inman Park, south of Virginia-Highland, and north of Grant Park. It is an exceptionally convenient area.
Historic Neighborhood w Pool
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Overview Maps Photos Features Description Neighborhood Market Stats
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Area Atlanta Real Estate
Area Atlanta Real Estate
(404) 978-2273 broker@AreaAtlantaHomes.com http://areaatlantarealestate.com
Listed by: Pam Ahern/The Care Team/Digs Atlanta |
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