Best Atlanta Short Sales

Has Your Situation Changed Since You Bought Your Home?

Mon, 07 Nov 2011 14:55:17 GMT

Has your situation changed since you bought your home?

Seems like every time we think things might be getting back to normal, the economy tosses us another curve.

If the mortgage payment that that felt feasible at the time you closed on your home is no longer manageable, you are in good company. In fact, current estimates are that 6.3 million homeowners are in some stage of foreclosure.

Please know that I am here to help you and anyone you care about with any homeownership challenges that you might be facing during these tough times. I cannot emphasize enough that foreclosure is NOT the only option.

As a real estate professional who has achieved the Certified Distressed Property Expert (CDPE) designation, I am tapped into major lenders and the latest options for avoiding foreclosure and helping homeowners to get a fresh start to their lives.

Please don’t hesitate to let me know how I can help.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Another Short Sale Success by the Best Atlanta Short Sales Team

Wed, 26 Oct 2011 19:39:18 GMT

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Good News for Georgia Home Owners: Solving Your Mortgage Crisis Just Got Easier!

Sat, 13 Aug 2011 18:31:29 GMT

Good News for Georgia Home Owners: Solving Your Mortgage Crisis Just Got Easier!

Lenders Ramp up Staffing to Assist in Processing

“Elva, I’m so embarrassed. It’s hard to even talk about it. I never thought I’d be in this situation. I feel like a failure, and so all alone.”

I’ve heard some variation of this same heartfelt story from many different home sellers since I began specializing in short sales a few years ago. Many of my Atlanta area neighbors have had to default on their mortgages in recent months due to loss of income or some other unexpected challenge. For someone facing the prospect of losing a home to foreclosure, the emotional strain can make the challenge seem unbearable.

It’s important to remember that you lender may have options to help you. Most lenders would rather not foreclose on your house. That’s why the most progressive mortgage holders are working hard to increase their resources in handling the sheer volume of defaults in Georgia and across the country. As a Certified Distressed Property Expert and Short Sales Specialist, I am in regular contact with these lenders -- and, as you can imagine, they’d like to avoid the high costs of foreclosure and facilitate as many alternatives as they possibly can.

Our nationwide mortgage crisis has prompted lenders and the government to work together to find straightforward solutions to put the real estate market back on track … solutions that upside-down Georgia home owners need. Short sales, in particular, have become the most popular and successful alternative to foreclosure because they help minimize loss and the various harmful repercussions, such as damage to credit, security clearance, or future employment. Short sales reduce neighborhood value loss and property disrepair. With a short sale, a potential disaster can turn into a happy ending for distressed home sellers and an opportunity for qualified home buyers.

STRAIGHTFORWARD SOLUTIONS ELIMINATE CONFUSION

Lenders are streamlining their short sale programs and making them more available to homeowners who want to move forward with their lives.

The federal government, too, is reaching out with its recently improved Home Affordable Foreclosure Alternative (HAFA) Program that offers cash incentives for successful foreclosure avoidance transactions, cash to help you build a new financial foundation. Over the past few years, government and lender programs have undergone numerous enhancements and expansions. As a CDPE, I pay close attention to the changes as they happen, so that you can get the most relevant, current information and the best possible service. If you would like to find out more about these programs, or if someone you know needs assistance in avoiding foreclosure, please don’t hesitate to contact me.

What's better is that my services come at absolutely no cost to you, the homeowner, and can truly affect change in your life for the better.

To find out more about how I can help you take advantage of these programs, download an informational brochure about your foreclosure alternatives here:

I hope you’ll think of me and the Best Atlanta Short Sales Team when you meet friends and neighbors who need help in finding foreclosure alternative solutions. Your referrals would be my highest priority!

Note - *Federal Trade Commission Disclosures

1. You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services.

2. We are not associated with the government, and our service is not approved by the government, and our service is not approved by the government or your lender.

3. No one can guarantee what your lender will do. Even if you accept this offer and use our service, your lender may not agree to change your loan.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Good News for Georgia Home Owners: Low Rates Encourage Refi Applications

Sat, 13 Aug 2011 18:25:45 GMT

Good News for Georgia Home Owners: Low Rates Encourage Refinance Applications

Many Georgia home owners have been discouraged from applying for Home Equity Loans due to an uncertain economy and more stringent lending guidelines recently adopted by most banks. The word on the street was the nobody could get a loan, so why bother trying.

But this week’s lending news was good as reported by Atlanta Biz Journal and Atlanta Journal Constitution: Lending activity is up slightly, due to a surge in mortgage refinancing applications last week which seems to have created a bump in lending activity, with mortgage rates holding below the 4.5% level. Applications for refinancing jumped more than 30% this week to their highest levels of the year, and over the past month, refinance application volume has risen by 63%, according to the Mortgage Bankers Association.

If this trend continues to hold, many more Georgia home owners might be encouraged to seek those refinance loans they have been putting off. It was widely reported that the average interest rate on a 30-year, fixed-rate mortgage fell to 4.3% this week, down nearly 1 whole point from 4.39%, according to Freddie Mac. The lowest rate recorded by the company's primary mortgage market survey was 4.23% in October.

Will lending trend up in the coming months? Could the the rise in applications translate into a higher lending volume? Some industry expert have a positive outlook., citing the reports that three out of four mortgage applications are currently getting approved.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Breaking News: More Georgia Homeowners Upside-Down!

Thu, 09 Jun 2011 20:11:22 GMT

The Atlanta Business Chronicle just released the latest figures on underwater mortgages in Georgia. As I expected, the latest figures from CoreLogic verify that the number of Georgians who owe more on their mortgages than the property is worth on the current market has grown by several percentage points since last year – 34.7% in 4^th quarter 2010 over 28% in the same quarter 2009.

If you or someone you know is in this situation, a loan modification or other solution might help. Every homeowner who modifies a loan and stays in a distressed property adds one less property to an already flooded market.

The Treasury Department is offering a free online calculator that helps borrowers estimate whether or not they qualify for the Home Affordable Modification Program ( HAMP).

The calculator is available at checkmynpv.com.

In the two years since its launch, HAMP has helped more than 270,000 borrowers receive permanent loan modification, thus lowering their monthly mortgage payments. That number falls far short, however, of the millions of homeowners across thenation and thousands in Georgia who are at risk of foreclosure . I’ve written many posts on how bad foreclosure is for homeowners and communities, and bad for the housing market.

That is why the timely pursuit of help is so important. Programs like HAMP may be able to help your neighbor or friend avoid foreclosure and stay in the home.

So do them a favor and share this post and my contact information.

They’ll thank you, and so will I.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Tying to Negotiate a Short Sale on Your Own?

Mon, 21 Feb 2011 17:45:33 GMT

Trying to Negotiate a Short Sale on Your Own?

Well I have have one question for you......

WHY???

No matter how great a negotiator you are, the turbulent waters of a short sale negotiation is the last place you want to get tossed about on the the waves of constantly changing lender guidelines or policy and market trends.

Why should you try to fight this battle alone? You need a skilled short sales specialist and trusted advisor on your side.

So, when you are ready for some expert, cost-free help, call on Elva Branson-Lee, Certified Distressed Property Expert. I am here to assist.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Short Sale Bargain in Lithonia Georgia

Sat, 05 Feb 2011 12:10:15 GMT

1,715 SQ FT OF COMFORTABLE CONVENIENT LIVING SPACE

There's only been one owner for this 2-story, traditional-style, bright and airy gem located in the family-friendly Laurel Post Close subdivision in the Phillips Creek area of Lithonia, Georgia.

It features cathedral ceilings, 2-story foyer, separate living room with fireplace, separate dining room, breakfast area looking out to the backyard patio, and much more.

POSSIBLE SHORT SALE, ONE OWNER, MOVE-IN READY

Overview
Maps
Photos
Features
Description
Neighborhood
Market Stats

$40,000

Single Family Home

Main Features

3 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 1715 sqft

Location

6432 Phillips Creek Dr
Lithonia, GA 30058
USA

To get updates on open home dates and other property events, please click the "Like" button below:

Elva Branson-Lee

Solid Source Realty GA
(770) 475-1130 ext. 8988
elva@bransonlee.com
http://BransonLee.com

Listed by: Solid Source Realty GA

Our recent listings

POSSIBLE SHORT SALE, ONE OWNER, MOVE-IN READY
Short Sale in Dekalb County...Move-in Ready
Short Sale in Stone Mountain, GA-DeKalb County Bargain - Grab It Quick!
LUXURY SHORT SALE HENRY COUNTY DREAM HOME IN STOCKBRIDGE, GA
Beautiful Henry County Short Sale Bargain in Hampton, Georgia REDUCED!!

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Nearby properties for sale

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Upscale Henry County Short Sale Bargain

Mon, 27 Dec 2010 10:52:09 GMT

LUXURY SHORT SALE HENRY COUNTY DREAM HOME IN STOCKBRIDGE, GA

This upscale short sale has all the designer touches and upgrades your family desires: gleaming hardwoods, granite everywhere, crown molding, volume ceilings, stunning master suite with fireplace, sitting area and huge walk-in closet, jack-and-jill bedrooms for the children, 5 full bathrooms, full finished basement with multi-level media room, crafts room, huge recreation room and mirrored exercise room, and much, much more!!

Overview
Maps
Photos
Features
Description
Neighborhood
Market Stats

$250,000

Single Family Home

Main Features

5 Bedrooms
5 Bathrooms
Interior: 3439 sqft
Lot: 0.50 acre(s)

Location

204 Pauline Place
Stockbridge, GA 30281
USA

To get updates on open home dates and other property events, please click the "Like" button below:

Elva Branson-Lee

Solid Source Realty GA
(770) 475-1130 ext. 8988
elva@bransonlee.com
http://BransonLee.com

Listed by: Solid Source GA

Our recent listings

LUXURY SHORT SALE HENRY COUNTY DREAM HOME IN STOCKBRIDGE, GA
Beautiful Henry County Short Sale Bargain in Hampton, Georgia REDUCED!!
DeKalb County Short Sale Bargain in Stone Mountain, GA - Grab It Quick!
Riverdale, GA Short Sale Bargain - Great Real Estate Investment Opportunity in Clayton County
REDUCED FOR SHORT SALE Smyrna, GA Town Home in Atlanta Metro

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Nearby properties for sale

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Foreclosure Freeze: A Reprieve for Atlanta Georgia Homeowners?

Wed, 20 Oct 2010 18:13:53 GMT

Foreclosure Freeze: Does it Mean a Reprieve for Georgia Homeowners?

Things shift from one gear to the next so fast in this highly charged and highly changeable Georgia real estate environment. A few days ago I wrote about the "robo-signing" scandal that caused some major lenders to suspend foreclosures in 23 states. Now, there has been a revision to the foreclosure postponement policy at at least one of these major lenders -- a change that may spread to other lenders and offer some Georgians a slight reprieve.

You may have heard that CNBC and The Wall Street Journal recently reported that Bank of America, Ally Financial (formerly GMAC), and JPMorgan Chase have all temporarily suspended foreclosure proceedings to investigate possible problems with mortgage documentation. Bank of America froze foreclosures in all 50 states, but recently announced they will move forward in the 23 states that resolve foreclosures through their judicial systems. Ally and Chase have continued to halt proceedings in these states.

For Georgia homeowners having problems making mortgage payments, this may seem like tremendous opportunity to stay in their homes. The unfortunate reality is that the foreclosure process will start again, and for those facing foreclosure, the real opportunity lies in the extra time to find better alternatives. The first step to take during this opportunity is to contact a distressed property expert or a Georgia short sale specialist as soon as possible to learn about options.

The postponement is still slated to be temporary while the paperwork issues are sorted out; but for Georgia home owners who are falling behind in house payments and seeking foreclosure alternatives, this delay in foreclosure proceedings may buy them just the time they need to avoid foreclosure through short sale or some other option.

For now, that's a bit of good news that we all could use.

For homeowners who owe more than the home is worth and don’t know what to do, the specialists at Best Atlanta Short Sales can help provide options and hope during this time of uncertainty. Together, we can take a proactive approach to a situation millions of Americans are facing everyday. We can use this extra time for developing a strategy to get past this time of distress, and move toward a brighter, more stable future.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Who Needs Help With Foreclosure Alternatives?

Thu, 08 Jul 2010 19:19:51 GMT

Who Needs Help With Foreclosure Alternatives?

Who do you know who is having a hard time paying the mortgage? With more than one in seven mortgages not being paid today, almost all of us know someone who is either facing foreclosure or will be soon.

We ask because we're committed to being a community resource on avoiding foreclosure. This web site has some important information to share. There are certain foreclosure alternatives, including short sales and deeds-in-lieu, that may help homeowners avoid the heartbreaking effects of foreclosure.

One of the biggest benefits of these alternatives is their reduced impact on credit scores when compared to foreclosure. We're offering a free report that explains the effects of each option. You can download it now from our "Resources" page.

If you simply pass along this web address to anyone who may need it, you could potentially save them or someone they know from unnecessary grief and heartache.

Don't hesitate to take advantage of these materials and tools, or to pass them along to anyone who might be able to use them.

Thanks,

Elva

As a CDPE-designated agent, Elva Branson-Lee has been extensively trained in pursuing foreclosure alternatives and I can help homeowners figure out the best possible solutions.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Search for Atlanta area short sales.

Is "Strategic Default" a Good Strategy for You?

Fri, 18 Jun 2010 16:21:01 GMT

Is "Strategic Default" a Good Strategy for You?

It's making headlines in Georgia and from coast-to-coast. Underwater homeowners are increasingly considering "strategic defaults" as a possible foreclosure-avoidance option. But is this "strategy" really the best choice? Perhaps not.

Strategic or not, it is still foreclosure -- and that's almost good for the homeowner nor their community.

Yet many are making this choice without weighng all of their options. In fact, of the millions of homeowners in distress, it is widely reported that more than 70% of homeowners proceed without seeking assistance or getting the facts about their situation.

I’ve prepared a FREE report to explain the consequences of strategic defaults and foreclosure—and the benefits of a short sale—when underwater on your mortgage. You will learn the advantages and disadvantages to all your options.

Get yours now by clicking on the "Resources" button above.

I sincerely hope you’ll take advantage of this information and GET YOUR FREE COPY TODAY. And feel free to pass it along to anyone you know who is in need ofthese facts. Getting the right information is the key to getting back on track.

Please contact me any time with your questions or concerns.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

New on the market - Decatur, GA short sale.

Fri, 28 May 2010 16:35:59 GMT

Short Sale-Convenient Decatur Location

Overview
Maps
Photos
Features
Description
Neighborhood
Market Stats

$74,900

Single Family Home
For Sale

Main Features

3 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 1800 sqft
Lot: 0.17 acre(s)

Location

3913 Waldrop Hills Terrace
Decatur, GA 30034

To get updates on open home dates and other property events, please click the "Like" button below:

Elva Branson-Lee

Solid Source Realty GA
(770) 475-1130 ext. 8988
elva@bransonlee.com
http://BransonLee.com

Listed by: Solid Source Realty GA

Our recent listings

Short Sale - Huge Home in Legacy Stagecoach
Short Sale-Convenient Decatur Location
Bank-Owned Bargain is Move-In Ready!
Sharp Short Sale Town Home in Atlanta Metro
Reduced! Short Sale Bargain Investment Opportunity

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See more Decatur, GA real estate for sale

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Another Upscale Short Sale SOLD!

Thu, 20 May 2010 08:12:48 GMT

We Can Get YOUR Underwater Home Short Sold, Too!

Upscale Henry County Short Sale

Overview
Maps
Photos
Description
Neighborhood
Market Stats

$299,000

Single Family Home
For Sale

Main Features

5 Bedrooms
3 Bathrooms
1 Partial Bathroom

Location

1427 Swiftwater Circle
McDonough, GA 30252

To get updates on open home dates and other property events, please click the "Like" button below:

Elva Branson-Lee

Solid Source Realty GA
(770) 475-1130 ext. 8988
elva@bransonlee.com
http://BransonLee.com

Listed by: Solid Source Realty GA

Our recent listings

Subscribe to our listing feed

See more McDonough, GA real estate for sale

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Short Sale Town Home in McDonough, Georgia

Wed, 03 Feb 2010 09:29:52 GMT

Elva Lee | Solid Source Realty GA | 404.226.2085

121 Madeline Court, Mcdonough, GA

REDUCED!! Short Sale Roomate Plan Townhome

2BR/2+1BA Single Family House

offered at $41,400

Year Built	2003
Sq Footage	1,540
Bedrooms	2
Bathrooms	2 full, 1 partial
Floors	2
Parking	Unspecified
Lot Size	0.2 acres
HOA/Maint	$33 per month

DESCRIPTION

Bargain Bargain Bargain! Country Quiet...City Slick.

Gorgeous like-new townhome with garage, entry foyer, gleaming hardwoods throughout, wall-o-wall carpet upstairs.

Spacious, airy and bright, with a cozy fireplace in the great room, and breakfast bar separating the kitchen and dining area. Like-new appliances. Loads of cabinets and solid surface counter space making cooking and prep a breeze..

The second floor features two master suites with walk-in closets, and a laundry room.

Enjoy outdoor entertaining? There's room for that, too, with a private deck and plenty of green space in the common courtyard.

Come see. You'll want to make it your own.

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Hardwood floor
- Tile floor	- Living room	- Dishwasher
- Refrigerator	- Stove/Oven	- Microwave
- Laundry area - garage	- Balcony, Deck, or Patio	- Yard

OTHER SPECIAL FEATURES

- End Unit with 2 Master Suites

ADDITIONAL PHOTOS

Gleaming Hardwood	End Unit with Garage
Solid Surface Counters	2 Huge Master Suites
Light and Bright	Private Deck

Contact info:

Elva Lee

Solid Source Realty GA

404.226.2085

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 1, 2010, 9:00am PST

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Good News for Atlanta Georgia Short Sales

Fri, 29 Jan 2010 14:46:04 GMT

Most of the short sale specialists I work with were pretty excited last May, when the Obama administration first hinted about its new guidelines for streamlining the short sale process.

Those guidelines got sidelined by legal issues for months last year, but now -- GOOD NEWS!! In December, the long-awaited "new rules" were finally issued.It is anticipated that lender who adopt these short sale guidelines will now have a much smoother and faster overall process -- a benefit to all parites involved.

The new program, which is scheduled to begin this coming April, will also provide financial incentives for loan servicers and home owners to engage in short sales when borrowers who are eligible for the Home Affordable Modification Program (HAMP) don't qualify for a loan mod.

This means that home owners could not only save themselves from the embarrasment and trauma of foreclosure by doing short sales. They could also get a cash contribution at the closing table towards their relocation expenses -- up to $1500!

I'm sure we can all agree, that's good news.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

The Best Atlanta Short Sales Team, Solid Source Realty GA

Serving the south and east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Short Sale - Everybody Wins

Sat, 23 Jan 2010 20:40:38 GMT

Short Sales can be a 3-way Win.

First let me say, there is nothing "short" about a typical short sale, other than it's name. A short sale occurs when a lender agrees to accept a discount on a mortgage debt to avoid a possible foreclosure auction or bankruptcy. It's called a short sale because the lender is accepting a payoff amount that is "short" of, or less than, the full amount of the debt.

Sellers win - As a seller in a short sale, you must demonstrate documentable financial hardship, since you are petitioning your lender for relief from the heavy weight of an unmanageable mortgage and monthly payment.

Buyers win - As a buyer in a short sale, you are virtually purchasing the property directly from the lender, who holds the actual title to the property until the mortgage is paid off. The seller will package your offer along with his documentation of hardship and send it to his lender for approval. You are, in effect, petitioning the seller's lender for a discounted sale price to purchase the property.

For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $250,000. You write an offer to the lender for $199,000, which is accepted as full payment for the loan. This is a short sale.

Lenders win - Why are lenders willing to take such a discount? First of all, mortage companies are in the business of loaning money to purchase real estate, not owning and selling real estate. They do not like excess inventory and bad loans on their books. Therefore, if your short sale offer is an opportunity for the lender to sell the property without a huge loss or the additional costs of foreclosure, they will likely accept it. Secondly, lenders know they could lose a lot more money if the property goes to auction. There are many fees and expenses involved in taking a foreclosed property to auction.

To get more information on this subject, send me your questions or click this link to visit a website where you can get your foreclosure prevention and bargain home buying questions answered.

Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA, 770-475-1130 ext. 8988

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Don't Become Another Forelcosure Statistic!

Sun, 17 Jan 2010 14:55:55 GMT

CNBC's Diana Olick recently reported that 2009 foreclosures surpassed 2008 numbers. Don't become another foreclosure statistic. Get short sale help while there is still time.

Got a question? Contact me at elva@BransonLee.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

More ATL Homes Sold at a Loss in 2009

Sat, 16 Jan 2010 19:15:52 GMT

According to Zillow.com's local market intelligence, the number of metro Atlanta homes which sold for a loss hit an all time high early this year, but as the chart illustrates, the number has declined slightly since then.

Homes Sold For Loss

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More Georgia Home Values

Although the number of these so-called "distressed" property sales declined somewhat in 2009, the number is still well above %40 of all metro Atlanta home sales. If you are a homeowner who needs to sell your house now but owe more on your property than the current market value, don't trust your home sale to just any agent.

Consult a trained and experienced specialist who can advise and guide you on how to get the best results with your lender. For additional information visit http://avoidgeorgiaforeclosure.com or http://bestatlantashortsales.com. Elva Branson-Lee is a Short Sale Specialist and Certified Distressed Property Expert, who is available to help you today. Solid Source Realty GA, 770-475-1130 ext. 8988

Why the Georgia Foreclosure Process is SO FAST!

Mon, 11 Jan 2010 13:16:12 GMT

Facing Foreclosure? Here's Why the Georgia Foreclosure Process is So Fast.

Many of the comments posted on the last installment of this series expressed amazement concerning the lightening speed of some Georgia home foreclosures. Here are the main reasons:

A Crash Cousre in Title Theory.

Georgia is what's known as a Title Theory state, where the property title remains in the hands of the lender until the underlying loan is paid in full. When a person buys real estate in Georgia with funds borrowed from a lending organization or party, the resulting mortgage is established by two legal instruments: a promissory note or "promise to pay", and some type of title security document.

The first of the two mortgage instruments is the note, which is considered to be a negotiable instrument that can be transferred to another person or agency to collect. In fact, mortgages often change hands more than once dring the course of the loan.

The second is the security instrument. The document that secures the title in Georgia is called a Deed to Secure Debt but may also be referred to as a Security Deed. When you entered into such an agreement, you, the borrower, became the mortgagor, or person incuring debt in order to purchase real estate, and your lender became your mortgagee, the credit-extending agency.

The mortgage creates a lien on the property in favor of the lender. In Georgia this usually takes the form of a security deed conveying title over the property to the lender, though the borrower retains all the usual rights of ownership as long as the repayment terms are being met.

What are Acceleration and Power of Sale?

Acceleration is a clause writtten into the mortgage which allows the mortgage-holder the right to declare the entire debt due and payable anytime a borrower defaults on their agreed payment schedule. Virtually all mortgages today have acceleration clauses. But Georgia mortgages usually go a step further. The security deed also contains a "power of sale" provision, which authoririzes the lender to sell the property with

no judicial process required in case of default.

What this means for Georgia homebuyers is that the lender keeps the title to the property until the terms of the lending agreement have been entirely fulfilled. Then the lender must clear title by cancelling the security deed upon full payment of the debt. But, if the borrower does not adhere to the terms of repayment, the lender may foreclose on the property.

To learn more about the process and the options, or to pick up a copy of my free eBook on the subject, visit http://AvoidGeorgiaForeclosure.com

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Got a question? Contact me at elva@BransonLee.com

Facing Foreclosure? Get Help NOW.

Tue, 22 Dec 2009 18:49:57 GMT

Facing Foreclosure? Don't wait too late to check out your options.

Nowhere is the foreclosure process faster or more brtual than in the state of Georgia. But even here, foreclosure can often be avoided -- even if you have already received the notice oif sale. But don't wait until then to investigate your options. Find out for yourself what your possible outcomes might be as soon as you realize you're in trouble. In general, the Georgia foreclosure process can end one of five ways:

(1) You could pay off the default amount to reinstate the loan during a grace period known as pre-foreclosure. This is anytime up to the day of the foreclosure sale on the courthouse steps.

(2) Under President Obama's new plan, you could apply for a loan modification, which will temporarily or permanently change the terms and maybe even the principal amount of your home loan. There are strict guidelines in place and not every home owner can be helped, but if you desire to remain in your property, this could be your answer. Contact your lender right away to get the process started. For more information see my web page on Obama's plan to help homeowners stay in their homes.

(3) You could sell your property to a third party during the pre-foreclosure period, allowing you to settle the loan "paid as agreed" and avoid having a foreclosure on your credit history. This is commonly referred to as a "short sale", although there is nothing short about the process, which can take weeks and sometimes months to succesfully negotiate. For more information on this option, see my Short Sale Frequently Asked Questions, or email me at elva@bransonlee.com.

Elva Branson-Lee -- Short Sale Specialist, CDPE Advanced

Solid Source Realty GA

Serving the south-east metro Atlanta communities, including Henry County, South Dekalb County, South Fulton County, East Atlanta and Clayton County

Got a question? Contact me at elva@BransonLee.com

(4) If all else fails, your home will go into foreclosure and a third party may buy the property at a public auction at the end of the pre-foreclosure period. In Georgia, these auctions take place at the courthouse of the county of record on the first Tuesday of every month.

(5) Finally, if the lender doesn't get a high enough bid at the auction, they may take ownership of the property, usually with the intent to re-sell. The lender can take ownership through an agreement with the borrower/owner during pre-foreclosure, called a "deed in lieu of foreclosure", or by buying back the property at the public auction.

If you are interested in discussing any of the non-foreclosure options with a Certified Distressed Property Expert, contact me

The Truth About Mortgage Modifications

Mon, 02 Nov 2009 08:23:32 GMT

The Truth About Mortgage Modifications

One Georgia homeowner lost to foreclosure is one too many! The decisions you make as a homeowner today hold a profound impact on your financial future. For those who qualify, a mortgage modification is the ideal remedy to their financial distress. However, it is important to safeguard yourself from misinformation and fraud. Get the facts regarding your situation and always have a contingency plan.

As a Certified Distressed Property Expert, I'm here to help my Atlanta area neighbors.

I’ve prepared a FREE report for my Atlanta area neighbors on the truth about mortgage modifications to guide you through this important process. Simply provide your information below to get this valuable information, and feel free to pass it along to anyone who may need it. Benefit from my training and experience in providing solutions to homeowners facing financial hardship. Together, we can formulate a plan to get back on track.

If you have any unanswered questions, or your circumstances are urgent, please call me today.

Elva Branson-Lee
404-226-2085

7 Short Sale Myths

There are millions of homeowners just like you who are looking for answers and don’t know what to do. You’re not alone and you’re in the right place.

As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Despite my best efforts, there’s still an overwhelming amount of misinformation about the options available, especially short sales.

To give you a better idea of the short sale option, and to set straight some of the myths you may have heard, I’ve prepared a free report just for you - please fill out the information below to receive your free report. This report will clarify the following myths:

The Bank Would Rather Foreclose Than Bother With A Short Sale
You Must Be Behind On Your Mortgage To Negotiate A Short Sale
There Is Not Enough Time To Negotiate A Short Sale Before My Foreclosure
Listing My Home As A Short Sale Is An Embarrassment
Short Sales Are Impossible And Never Get Approved
Banks Are Waiting On A Bailout And Not Accepting Short Sales
Buyers Are Not Interested In Short Sale Properties

These ideas are potentially harmful to homeowners seeking real solutions. I hope you’ll review this information for yourself or share it with a homeowner in need.

In these times, we all need to know the truth to know how to get back on track.

If you have any additional concerns about this issue, or your circumstances are urgent, please give me a call.

Elva Branson-Lee
404-226-2085

Short Sales vs Foreclosures

Short Sale vs. Foreclosure

Making the Right Choice for a Stable Future

The US housing crisis has claimed millions of victims. Unfortunately, many homeowners are losing their homes to the bank because either they think that a short sale will have the same financial effect as a foreclosure or they don't know their options.

The good news is that homeowners don't have to navigate this process on their own. I am available for those who need my expertise to get back on the path to stability.

If you, or someone you know has questions about this information, or would like to get started creating a plan, call me today.

The more proactive we are, the better the chance of finding financial freedom and stability.

Understanding HAFA

Atlanta, Georgia Home Seller -- New Help Has Arrived!

Government pre-foreclosure help for home owners is here. The rising number of foreclosures in this country is simply too big to ignore. That is why a government-backed program has been released that aims at streamlining foreclosure avoidance options.

Short sales and deeds-in-lieu are dignified solutions to foreclosure, and now the government is making them easier, quicker and more accessible through the Home Affordable Foreclosure Alternatives Program, or HAFA.

With one in six homeowners struggling to make mortgage payments, you are not alone, and there are options available. With the free report provided here, find out if you qualify for the HAFA Program. Simply fill out your information below to get started on your new chapter of financial stability.

Please read this report to learn the facts, and contact me to begin your journey to a solid, stable tomorrow.

Mortgage Payments Weighing You Down?

South Metro Atlanta Home Owners - Give Yourself and Your Family the Gift of a Fresh Start to 2012!

If you've spent too much of 2011 living under the dark cloud of an unaffordable house payment, you're not alone. Current estimates are that more than 25 percent of all homeowners in this country, and about HALF of those in the south metro communites near Atlanta, would net less on the sale of their home than the amount they owe on their mortgage. In fact, 6.3 million U. S. homeowners are in some stage of foreclosure.

The good news is that you have options. Helping homeowners to avoid foreclosure has actually emerged into the spotlight of as a national priority. CALL ME. I can help you work with major banks, the Federal government and many state and local agencies offering more assistance than ever before to financially strapped homeowners.

I can offer you muchmore than the ordinary real estate services. As a Certified Distressed Property Expert (CDPE), I am tapped into the full scope of solutions for helping financially distressed homeowners to make a fresh start. If you'd like to learn more, I invite you to access my free report: "Mortgage Payments Weighing You Down? Give Yourself the Gift of a Fresh Start."

Contact me today and let's get started!