The key to selling your home 
Carol Ferguson 154 Cliffside Court Riverdale, GA 30274
Phone: (770) 478-1585 Mobile: (678) 485-5926 Fax: (770) 478-8451 Email Carol

Announcements



There are currently no Announcements.
 

Welcome to CF Brokerage INC


 

       The home buying process can be an intense journey, but it's much easier when you have a clear path and clear expectations.

In today's competitive real estate market, timing is everything!!!!  Many good properties are sold before they are ever advertised. Cash Buyers are welcomed.

       Preparing your finances is the very first step in buying a home. This will allow you to find the price range that fits your budget before you start looking at homes. If you begin your home search in a higher price range than you are approved for, you are setting yourself up for disappointment.  Start preparing your finances right from the start and you'll be ready for the next step. Here are 5 important tips to help you through the home financing process:

Know Your Credit History

Know Your Credit History Before Buying A HomeSome people may just assume that their credit is good enough to buy a house because they have never had a late payment. Others may be afraid to check their credit because they assume that it's so bad that they could never qualify. Both could be wrong. No matter what your situation is, you need to check your credit history and know your credit before buying a home. It doesn't matter how good or bad you are with money, all that matters is what's on your credit history. If you find something on your credit history that is incorrect, be sure to resolve it before buying a house.

Calculate Your Debt-to-Income

Calculate Your Debt Before Buying A HouseYour debt-to-income ratio is one of the main criteria a mortgage lender will consider when determining your loan pre-approval. This number is found by comparing your average monthly debt (bills, taxes, etc.) to your average monthly income. Often, mortgage lenders don't want higher than a 43% debt to income ratio. Here's an example of how to calculate your debt to income. For example if your mortgage payment is $2,000 per month and your auto and credit card payments are $1,000 per month, your total debt is $3,000. For brevity we will assume that these are your only monthly debts. If your income is $7,000 per month, your debt-to-income would be 43% ($3,000 [debt] % $7,000 [income] = 43%). That is right at the limit.

Gather Your Tax, Financial, & Employment Documents

Gather Your Tax & Employment Documents Before Applying for a MortgageWhen you apply for a mortgage, the loan officer will ask you for previous years tax returns, employment verification forms, and previous month's bank statements. It's good to have this information accessible before looking at homes. Some lenders may not ask for these documents until you are under contract. If you are asked for these documents later and you cannot provide them in a timely manner, it could affect your ability to purchase the home. Make sure you have all of your key documents ready, and preferably get them to your loan officer before you put a contract on a home.

Find A Mortgage Lender

Find a Mortgage Lender Before Buying a HouseNow that you have checked your credit, calculated your debt-to-income, and have gathered all your financial docs, you're ready to talk to mortgage loan officer. There are MANY loan officers to choose from. Be sure to take your time and find the one that works best for you. Closing costs, interest rates, and speed of closing are all good items to ask your loan officer about. Most REALTORS® will have lenders who they can recommend as well. Be sure to contact a few different ones to compare rates and personality types. Choose one that you feel comfortable working with. You will be communicating with them often throughout the process of your home purchase.

Complete Your Loan Pre-Approval

Get Pre Approved For A MortgageIn order to be treated as a legitimate buyer when you are out looking at homes, you will need to have a pre-approval letter ready from your lender. Once you have gone through all of the steps above and found a good mortgage lender, it's time to finalize your pre-approval. Make sure that your lender has thoroughly investigated your finances. Some lenders will do a basic mortgage pre-qualification that is based off of minimal questioning. This can mean problems later when you are actually under contract to purchase. A full mortgage pre-approval will help guarantee that your financing doesn't fall apart later while you are halfway into the home buying process.

____________________________________________________________________

Now that you have prepared your finances and found a home, it's time to close the transaction and get the keys! These items need to be handled in a timely manner. Your REALTOR® will help guide you through each step. You can use this section as a reference as you are moving through the final steps of buying your new home.

_____________________________________________________________________

Once you have submitted an offer on a home, it's possible that you will receive a counteroffer from the seller. You will need to negotiate the terms of the contract, such as the closing date, seller concessions, appraisal deadlines, inspection deadlines, repairs, etc. Your REALTOR® will guide you through all of your options and make everything clear. There are many different variables to negotiate on a sales contract, so take your time and be sure to think through every option. Once you're under contract it's very difficult, if not impossible, to change things later.


Deposit Earnest Money

Deposit Earnest MoneyOnce you have an executed sales contract signed by both parties, you will need to submit your earnest money. Earnest money is kind of like a down payment for the transaction. Sellers want more than just a signed contract before they take their house off of the market. Earnest money proves to the sellers that you are a serious buyer and ready to purchase a home. The earnest money is credited back to you at closing, or will default to the seller if you cannot perform the details of the sales contract.


Perform Inspections

Hire InspectorsMost contracts are written with an inspection period to allow the buyer time to hire a home inspector and have the property thoroughly inspected. There are many different types of inspections, such as radon, mold, pest, structural, and full home inspections. Having an inspection performed is one of the most important parts of the home buying process. Make sure that you allow plenty of time to get all of your inspections done within the days allotted in your sales contract. Once you are past inspections, you're almost done!

Perform Appraisal

Perform AppraisalThe appraisal is one of the last steps in the home buying process. Mortgage companies require appraisals to verify that the loan amount they are providing is equal to, or better than the appraised value of the home. It's protection for the lender. If the house does not appraise at value, then the contract will either be terminated or renegotiated. Be sure to have the appraisal ordered as soon as your inspections are done. Delayed appraisals are one of the main causes of late closings. 


Close The Transaction

Close The TransactionOnce you are past the inspections and appraisal process, you can set up a closing time with your title company and the other party. Be sure to bring your driver's license (or passport) to closing, along with any monetary items required by the sales contract and/or lender. Once both parties have signed all of the documents and the mortgage company has funded the loan, you will get the keys. You are now the proud owner of your new home.

Congratulations! 

My professional credentials include: Real Estate Industry since 2000, Registered HUD sales, Real Estate Instructor, Master of Business Adminstration, competetitive spirit, focused determination to do my very best for my clients and customers, strong work ethic and personal integrity.

Remember that money isn't (always) everything. Even in a market where inventory is tight and sellers aren't negotiating much, you still have some leverage. That starts with minimizing the seller's potential headaches. If you have attractive financing--a pre-approved loan from a reliable lender, a large downpayment- OR - finalized all required documents for DownPayment Assistance/advised to go shop for a home-- say so.  If you can close on the seller's schedule--whether that means quickly or letting him stay an extra month--do it.

        I invite you to contact me, as I'd be happy to assist you with this important transaction.

        In addition, if you have any general questions about buying or selling real estate in Georgia, please contact me.

        Please browse my website for listings, reports and important real estate information.

Regards,
Carol Ferguson, Real Estate Broker
CF Brokerage INC (770) 478-1585-O
678-485-5926-Cell
1-888-597-7774-GA
http://www.cfbrokerageinc.com or http://www.georgiamls.com  - website
bestsales@cfbrokerageinc.com - email
Carol Ferguson - facebook
Carol Ferguson - Twitter
Carol Ferguson - Linkedin

 

CF Brokerage of AZ INC.
1-888-235-1567-AZ


Search MLS Listings



Announcements



There are currently no Announcements.
 


Neighborhood Information


Population
Total Population 34,652
Male Population (48.2 %) 16,688
Female Population (51.8 %) 17,964
Percent Change Since 2000 27.2 %
Percent Change Since 2010 1.4 %
Median Age 41.25
Employment
White Collar 4,193
Blue Collar 2,468
Households
Total Households 12,058
Family Households 9,915
Non-family Households 2,143
Households With Children 5,376
Households Without Children 6,683
Average People Per Household 2.85
Education (Number of people who have achieved the following levels of education)
No High School 277
Some High School 925
Some College 4,932
Associate Degree 1,920
Bachelors Degree 5,826
Graduate Degree 3,107
Marital Status (Number of people who have the following marital status)
Never Married 6,085
Married 15,526
Separated 494
Widowed 443
Divorced 1,581
Income/Financial
Average Household Income $97,200
Median Household Income $82,903
Median Income Under 25 $37,444
Median Income 25-44 $61,738
Median Income 45-64 $95,390
Median Income Over 65 $58,086
Percent Increase/Decrease in Income Since 2000 16.0 %
Percent Increase/Decrease in Income Since 2010 11.0 %
Average Household Net Worth $683,588
Median Home Sale Price $176,000
Sales Tax Rate 7.0 %
Sales Tax Type PL
Average Household Total Expenditure $69,023
Weather
Average High in January 53.80 °F
Average Low in January 31.80 °F
Average High in July 90.00 °F
Average Low in July 68.60 °F
Annual Precipitation 51.09 in.
Air Pollution Index 96
Other Amenities
Airport Hartsfield - Jackson Atlanta International
Miles To Airport 17
Junior College SOUTHERN CRESENT TECH CLG-GRIFFIN CAMPUS
Miles To Junior College 14
University DEVRY UNIVERSITY HENRY COUNTY
Miles To University 15
Sports Team Braves
Miles To Sports Team 24
Lifestyle
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Household Expenditure
 
 
125
Contributions
 
 
133
Insurance
 
 
132
Clothing
 
 
125
Education
 
 
132
Entertainment
 
 
126
Food
 
 
122
Healthcare
 
 
119
Household Furnishings
 
 
129
Shelter
 
 
126
Household Operations
 
 
132
Other
 
 
121
Personal Care
 
 
123
Reading
 
 
124
Tobacco
 
 
112
Transportation
 
 
124
Utilities
 
 
119
Gifts
 
 
131
Crime
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Crime Risk
 
 
89
Personal Crime Risk
 
 
27
Murder Risk
 
 
20
Rape Risk
 
 
25
Robbery Risk
 
 
21
Assault Risk
 
 
42
Property Crime Risk
 
 
140
Burglary Risk
 
 
128
Larceny Risk
 
 
220
Automotive Theft Risk
 
 
68
Data on community demographi​cs provided by OnBoard LLC Copyright © OnBoard LLC. Informatio​n is deemed reliable but is not guaranteed​. All community demographi​cs data is for the year 2013 unless otherwise specified.​

Neighborhood Information


Population
Total Population 24,927
Male Population (47.5 %) 11,849
Female Population (52.5 %) 13,078
Percent Change Since 2000 12.1 %
Percent Change Since 2010 1.5 %
Median Age 44.74
Employment
White Collar 9,253
Blue Collar 5,142
Households
Total Households 9,224
Family Households 7,156
Non-family Households 2,068
Households With Children 3,262
Households Without Children 5,960
Average People Per Household 2.68
Education (Number of people who have achieved the following levels of education)
No High School 448
Some High School 1,283
Some College 3,864
Associate Degree 1,506
Bachelors Degree 4,262
Graduate Degree 2,316
Marital Status (Number of people who have the following marital status)
Never Married 4,470
Married 10,859
Separated 530
Widowed 548
Divorced 1,721
Income/Financial
Average Household Income $81,771
Median Household Income $75,332
Median Income Under 25 $29,853
Median Income 25-44 $61,447
Median Income 45-64 $86,896
Median Income Over 65 $58,107
Percent Increase/Decrease in Income Since 2000 8.0 %
Percent Increase/Decrease in Income Since 2010 14.0 %
Average Household Net Worth $640,491
Median Home Sale Price $135,900
Sales Tax Rate 6.0 %
Sales Tax Type CO
Average Household Total Expenditure $60,711
Weather
Average High in January 51.80 °F
Average Low in January 31.80 °F
Average High in July 89.60 °F
Average Low in July 70.30 °F
Annual Precipitation 50.07 in.
Air Pollution Index 94
Other Amenities
Airport Hartsfield - Jackson Atlanta International
Miles To Airport 11
Junior College ATLANTA METROPOLITAN COLLEGE
Miles To Junior College 16
University CLAYTON STATE UNIVERSITY
Miles To University 11
Sports Team Braves
Miles To Sports Team 18
Lifestyle
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Household Expenditure
 
 
110
Contributions
 
 
111
Insurance
 
 
112
Clothing
 
 
109
Education
 
 
110
Entertainment
 
 
111
Food
 
 
108
Healthcare
 
 
108
Household Furnishings
 
 
112
Shelter
 
 
110
Household Operations
 
 
112
Other
 
 
109
Personal Care
 
 
109
Reading
 
 
110
Tobacco
 
 
104
Transportation
 
 
111
Utilities
 
 
107
Gifts
 
 
112
Crime
The following values are represented as an index, where the value 100 represents the national average.
Below Average Above Average
Total Crime Risk
 
 
36
Personal Crime Risk
 
 
20
Murder Risk
 
 
35
Rape Risk
 
 
19
Robbery Risk
 
 
16
Assault Risk
 
 
15
Property Crime Risk
 
 
48
Burglary Risk
 
 
56
Larceny Risk
 
 
62
Automotive Theft Risk
 
 
28
Data on community demographi​cs provided by OnBoard LLC Copyright © OnBoard LLC. Informatio​n is deemed reliable but is not guaranteed​. All community demographi​cs data is for the year 2013 unless otherwise specified.​

Our Listings



 
4 photos
$2,830,000 USD
"Less T. 1 mile from I-85"
Style Apartment
Type Commercial
Built 1964
Bedrooms 3
Bathrooms 1
MLS#: 3376718;2048971
6 photos
$1,400,000 USD
Style 3 Story
Type Residential
Built 2007
Bedrooms 3
Bathrooms 4
Taxes $2869 USD
40 photos
$725,000 USD
Size 2196 sq. ft.
Style Single Story
Type Residential
Built 1925
Bedrooms 3
Bathrooms 2
MLS#: 5850144
31 photos
$639,900 USD
Size 2558 sq. ft.
Style 2 Story
Type Residential
Built 1942
Bedrooms 3
Bathrooms 3
Taxes $5606 USD
MLS#: 5904513
36 photos
$594,900 USD
"Custom Built "
Size 5862 sq. ft.
Style 2 Storey
Type Residential
Built 2005
66 photos

3389 Lily Magnolia Court - Laurel Manor, None (Laurel Manor)

"Immaculate Condition - Better than New!"
$569,900 USD
"Amazing Upgrades & Gunite Pool"
Size 3674 sq. ft.
Style 2 Story
Type Residential
Built 2016
Bedrooms 5
Bathrooms 4
Taxes $2245 USD
MLS#: 000000
3 photos
$550,000 USD
"Rare Find on the lake"
Style Single Story
Type Residential
36 photos
$424,900 USD
Size 7652 sq. ft.
Type Residential
Built 1999
Bedrooms 5
Bathrooms 5
Taxes $5999 USD
MLS#: 8253567
35 photos
$424,900 USD
"A Lot of House for the Money"
Style Single Story
Type Residential
MLS#: 5903814 & 8253567
31 photos
$369,900 USD
Size 2315 sq. ft.
Style 2 Story
Type Residential
Built 1987
Bedrooms 4
Bathrooms 2
MLS#: 5972495
39 photos
$359,900 USD
Size 1674 sq. ft.
Style Single Story
Type Residential
Bedrooms 3
Bathrooms 2
MLS#: 5993606
28 photos
$339,900 USD
Size 2108 sq. ft.
Style 2 Storey
Type Residential
Built 1990
Bedrooms 4
Bathrooms 2
7 photos

, none (5141041;7089657)

"Potencial Commercial"
$329,900 USD
"Subdividable to 4 lots"
Style Ranch
Type Commercial
Built 1985
Bedrooms 3
Bathrooms 2
MLS#: 5141041;7089657
30 photos
$325,000 USD
Size 2130 sq. ft.
Style 2 Storey
Type Residential
Built 1935
Bedrooms 4
Bathrooms 2
Taxes $1082 USD
2 photos
$319,900 USD
"C2 Commercial For Sale"
Size 1352 sq. ft.
Style Apartment
Type Commercial
Built 1967
Bedrooms 3
Bathrooms 2
MLS#: 3946494
<< Prev  1  2  Next >>


Featured Listings



There are currently no featured listings.

Weather