Definitive Short Sale Guide For Wells Fargo

The last post you could have noticed our Bank of America Short Sale informational resource site announcement. Today we are blessed to announce our new Wells Fargo Short Sale site as well. We spent a lot of time to supply details about the process, the application and the approval. Our Experience is there as well. You can see the video here, or go directly to youtube, however, the contact information has been updated on the site.

Wells Fargo short sales are more simple because Wells Fargo has decided to be proactive. In addition, there’s only one number to call for nearly all short sale related things. Our experience has been that if you are a short sale specialist then Wells Fargo might be your popular bank to succeed with.

New Short Sale Resource – Bank of America Page

The Jarvis Team is delighted to inform that we have just started our first in a a number of of many more to follow, resource pages for short sale sellers.  Our first resource page is all about Bank of America short sales and was engineered to be the one source for Atlanta Short Sale clients.  It’s an almost exhuastive list of information all the way from contact information to timeline expectations.  We plan to launch a page in this way one for every bank we currently work with.  It’s important to note that this information is especially for GA Home Owners, and may not be applicable to you and where you call home.

You can watch our Bank of America Short Sale Video here.

Just because the Jarvis Team has long been one of the most popular short sale agents in the county, we really wanted to become “the source” for all the information as it relates to short sales.  There’s a lot of people out there that either do not know what they are doing or are trying to, that want to take advantage of short sale sellers.  A few even run ads on the radio and television.  It’s significant for home owners to educate themselves and we’re making an effort not to sell them on us per se but rather educate them so they can make the best decision.

Gwinnett County Best Kept Secret in Real Estate?

If you have lived in Gwinnett county you might think that Grayson Real Estate is Gwinnett’s best kept secret.  However, I would argue that part of Loganville might very well be the best kept secret.  Although most of Loganville Real Estate is in Walton County, there is a sliver that is in Gwinnett.  There’s a neighborhood in this “sliver” that is unlike many others, in that it features an unsual mix of sub $150K pricing and really strong sense of community and pride of ownership.  Crooked Creek Crossing Homes feature ranch style homes and has all the trimmings of an excellent neighborhood, sidewalks, families, private yards and well kept homes.  Don’t let the architecture and nice yards fool you, the price is reasonable and although there is a home owners association it’s not an active adult community.

See this and more Neighborhood Tours on our Video Site.

Loganville Real Estate Listing

The Jarvis Team just listed 4167 Granite Falls Lane, an amazing ranch on a level lot at the end of culdesac, it’s ultra private too. Inside is luxury to the hilt, cathedral ceilings, granite counter tops, fireplace, covered patio, stainless steel appliances, oh and 3 full bathrooms. It’s a huge home with 4 bedrooms and it’s located in Gwinnett County so you know it’s in a good location. Right off of 78 and close to everything. This ranch style home is in the Crooked Creek subdivision.

The home features a breakfast area, separate dining room, family room, huge master suite and spacious bedrooms.

See more about Loganville Real Estate

Buford, GA ¦by inking a deal on a new Community Center designed to out do Suwanee™s own city center.  This development should also keep more locals, well, local instead of feeling like they need to go to Duluth™s Gwinnett Center to host reunions, conferences or just large birthday parties.

"It’ll be something similar to Suwanee‘s Town Center, but we hope to improve on it and make it bigger and better," said Phillip Beard, chairman of Buford’s City Commission. "We’ve got the old downtown and now we’re going to have the new downtown."

The 40,000-square-foot, two-story community center will feature a ballroom, playhouse theater and public meeting space to rent for events such as birthday parties and anniversaries. The seven-acre site also will include walking trails, a park and children’s fountain.

Buford isn’t the only Gwinnett municipality investing in downtown development. Sugar Hill this year will break ground on a new 19th century-style, half-mile district. Suwanee continues to grow its Town Center, a mixed-use development envisioned in 2002 to embody a live-work-play-shop environment. And Lilburn has plans to overhaul its urban core.

All signs are point to a revitalization of all things local

Search for Buford Homes For Sale

This message was direct from Wells Fargo.

Short sales remain significant factors in today’s marketplace, allowing more prospective buyers than ever to become homeowners. Because these transactions are more complex, it is imperative that real estate and lending professionals work efficiently as coordinated teams to help our customers.

We are committed to accelerating the short sale process. In fact, for those loans we hold in our portfolio, we have already undertaken efforts to streamline the sales approval process. The majority of the loans we service, however, are owned by other investors. So in many cases, Wells Fargo must obtain the approval of the first and any second mortgage investors. Our goal in these situations is to move the process along as quickly as we can.

Wells Fargo Short Sales are some of the most streamlined and easy to work processes in the country.

This message was direct from Wells Fargo.

Short sales remain significant factors in today’s marketplace, allowing more prospective buyers than ever to become homeowners. Because these transactions are more complex, it is imperative that real estate and lending professionals work efficiently as coordinated teams to help our customers.

We are committed to accelerating the short sale process. In fact, for those loans we hold in our portfolio, we have already undertaken efforts to streamline the sales approval process. The majority of the loans we service, however, are owned by other investors. So in many cases, Wells Fargo must obtain the approval of the first and any second mortgage investors. Our goal in these situations is to move the process along as quickly as we can.

Wells Fargo Short Sales are some of the most streamlined and easy to work processes in the country.

As January 2010 came in it’d be useful to look at what sold and what’s for sale. I can tell you when you look at the numbers, everything comes into perspective, for better or worse.

Currently there are 598 Homes For Sale in Buford. 66 of these are Short Sales. The average home for sale in Buford is priced at $281,997 with 4 bedrooms and 3.5 baths.

There’s 110 properties identified as "Under Contract" with an average price of $264K

Finally, for the most important number, the number of buford homes for sale that sold in January. 29 Buford homes for sale sold in January 2010, with an average list price of $179k and an average sale price of $175K. They all featured about 4 bedrooms and 2.5 baths.

If you want to find out about community news, please head over to the Buford facebook page.

If you have been following along on our Georgia Home Buying Guide then you know each post is a small step in the buying process.   Here’s what I think is the biggest step of all, creating your budget.