Atlanta GA Real Estate and Community News

April 29, 2019

One More Thing With Matt Garcia

 

Just because you pay off a debt doesn’t mean that your credit score will instantly get better. Here’s why it might take some time.

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

 

Matt Garcia and I had a little conversation recently after we finished filming another video, and we wanted to bring that to you today. When you pay off a collection or a mortgage and you’re expecting your credit score to increase significantly because of it, that might not happen as quickly as you’d like.

 

FICO 2, 4, and 5 are very slow-healing model of credit. Just because we pay something off doesn’t mean that the impact on your score will be immediate. It stops the bleeding from the score getting worse, but it can take often months or years to heal. 

 

"It might not happen as quickly as you’d like."

 

When something is negative on FICO 2, 4, and 5, the impact is there. We advise folks to talk to us first so we can often make an accurate game plan for your situation in order to pay off your debts and improve your scores. Matt is a wizard at doing this. 

 

It’s one of those things that you don't realize is impactful to your credit report. It’s Matt’s job to help you avoid credit repair companies and do things the right way, so you can increase your score to get the best possible financing on a home down the line.

 

We’ve got a lot of information and knowledge we’ve picked up over our decades in the business. If you have any questions about credit repair, real estate, or anything else, don’t hesitate to give us a call or send us an email. You can contact Matt here. We would love to hear from you as well.

Posted in Real Estate News
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April 19, 2019

This Interview Will Answer Everything You Should Know About Credit




What do you need to know about the relationship between credit and mortgage loans? Find out today.

Selling your home? Get a home valuation.
Buying a home? Search the local MLS.

 

I’m joined today by Matt Garcia of Supreme Lending, and we’ll be talking about everything you need to know about credit and loans.

 

For your convenience, I’ve included timestamps for today’s conversation. Feel free to navigate to the section(s) you’re most interested in viewing:

 

00:20 — Introduction to today’s video

01:25 — The difference between types of credit scores

02:38 — Mortgages use different credit models

03:22 — How big of a difference is there between FICO scores and others?

05:38 — How your credit can be harmed

06:57 — If you’re applying for a mortgage, you have a 45-day grace period

07:50 — Conclusion to today’s video

 

I’d like to thank Matt for his wonderful insight today. If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon

Posted in Selling Your Home
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April 8, 2019

What Is It Really Like to Work With Me?




If you’ve ever wondered what it’s really like to work with me, you’re in luck. I recently asked my friend and client Mike to share his experience, and I’m sharing his testimony with all of you today.

Selling your home? Get a home valuation.
Buying a home? Search the local MLS.

 

As passionate as I am about helping you reach your real estate goals, my professional expertise is just one aspect of the service I provide. To give you a better idea of what working with me is truly like, I’d like to share an amazing testimonial from one of my friends and past clients: Mike. According to Mike, it was the one-on-one rapport we built together that mattered most to him. “I would recommend [Pazi] to anyone I know,” says Mike.

Posted in Testimonial
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March 28, 2019

It’s Time to Take Control of Your Personal Narrative




I recently realized how a shift in mindset can shift your success, and I want to share this message with all of you now.

Selling your home? Get a home valuation.
Buying a home? Search the local MLS.

 

I want to take a break from real estate today to reflect upon a recent experience in my life that left me with a sense of enlightenment. I’d like to share that feeling with all of you now.

In short, last year was very difficult for me. My team and I didn’t experience the growth we wanted to, and this left me feeling somewhat downtrodden.

With this in mind, you can imagine my surprise when I was named among the top 10 agents of my brokerage at a recent banquet. I was shocked to receive this award after telling myself for so long what a terrible year I’d had.

Then I realized something important: Our internal narratives matter. The things that happen to us and the stories we tell ourselves about those events aren’t always one and the same. In short, we all have the power to choose how we perceive the events in our lives. Through our internal narratives, we can either choose to empower ourselves or hold ourselves back.

A shift in mindset can bring amazing results. When you create a positive narrative for yourself, you will be more prone to take actions that match that mentality.

If you have any other questions, would like more information about this message, or would like help achieving your real estate goals, feel free to give me a call or send me an email. I look forward to hearing from soon.

Posted in General
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March 22, 2019

The Lesson That Changed My Life

I recently realized how a shift in mindset can shift your success, and I want to share this message with all of you now.

 

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

 

I want to take a break from real estate today to share a recent experience in my life that left me with a sense of enlightenment. 

 

In short, last year was very difficult for me. My team and I didn’t experience the growth we wanted to, and this left me feeling somewhat downtrodden. 

 

With this in mind, you can imagine my surprise when I was named among the top 10 agents of my brokerage at a recent banquet. I was shocked to receive this award after telling myself for so long what a terrible year I’d had. 

 

"When you create a positive narrative for yourself, you will be more prone to take actions that match that mentality."

 

Then I realized something important: Our internal narratives matter. The things that happen to us and the stories we tell ourselves about those events aren’t always one and the same. In short, we all have the power to choose how we perceive the events in our lives. Through our internal narratives, we can either choose to empower ourselves or hold ourselves back. 

 

A shift in mindset can bring amazing results. When you create a positive narrative for yourself, you will be more prone to take actions that match that mentality. 

 

If you have any other questions, would like more information about this message, or would like help achieving your real estate goals, feel free to give me a call or send me an email. I look forward to hearing from soon.

Posted in Testimonial
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March 5, 2019

A Walk-through of Smyrna Market Village & All It Offers

Allow me to be your guide on a tour through Smyrna Market Village.

 

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

 

For today’s message, I’m right in the heart of Smyrna at the Smyrna Market Village. Maybe you’re already familiar with it, but if you’ve never taken a stroll through this area, there’s a lot to see, so I’d like to be your guide today.  

 

Located in the village, you’ll find a community center with basketball courts, a swimming pool, and a full gym, as well as a library next door. 

 

One amenity of the area that is sure to be a hit with your kids is the duck pond. My daughter absolutely loves when we come here to feed the ducks and fish as a family. A dock juts out from the bank so you and your kids can walk out, see the fish swimming below, and play around with the ducks a little as well.

 

"Condos and townhouses have been built above all these ground-level storefront shops and treasures, which imbues the area with a “live-work-play” vibe."

 

On the main strip of the village, attractions more geared toward adults are aplenty; restaurants, coffee shops, a wine store, and more all line the pathway along this main drag. 

 

The strip isn’t strictly reserved for the older crowd, though: A ballet studio and gym both oriented to kids’ interests sits right across the way. 

 

Condos and townhouses have been built above all these ground-level storefront shops and treasures, which imbues the area with a “live-work-play” vibe. 

 

Come see all that Smyrna Market Village has to offer for yourself! 

 

Hopefully, you extracted some value out of the tour I gave today. If we can help you with your real estate needs in any way, don’t hesitate to reach out by email at Pazi@PaziRealEstate.com or by phone at 678-224-5361. We look forward to serving you!

 

 

Posted in General
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Feb. 15, 2019

Rental Property vs. House Flipping: Which Should You Choose?

Flip houses or buy a rental property? Here’s what you should keep in mind when deciding.

 

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

 

There are two primary ways to make money in real estate: renting out property and house flipping. Which one should you put your money into?

 

House flipping is a short-term investment, but most flippers only finish one to two deals each year—it’s definitely not as rapid as the HGTV shows make it seem. And there’s no guarantee that house flipping will net any profits. You’ll be paying about 15% to 23% of your profits in taxes. There’s money to be made, but not if you’re only doing a couple flips a year. 

 

To make a good income, you really need to commit to it fully. You put together a business plan, lead generation strategy, and hire agents who will find properties for you to flip. And once you have the cash to purchase properties, things can really begin to pick up in the house-flipping game.

 

"The best decision is really the one that works for your situation and your goals."

 

Buying and renting out a property is a long-term investment that builds your equity over time. Your renters are paying off your mortgage, thus paying off your investment. You can then sell it down the line for a big profit or keep it and continue earning a passive income. 

 

Most real estate gurus say it’s best to go down the long-term route, but the best decision is really the one that makes sense for your situation and your goals. There’s definitely money to be made in flipping houses if you can afford the time to do so, but rental properties are always a safe and passive investment.

 

If you have any questions about investing or would like to learn more, feel free to reach out to us so we can figure out how these options can work for you. We look forward to hearing from you soon.

 

 

Posted in Buying a Home
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Jan. 25, 2019

Your January Market Update

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How have things changed from 2017 to 2018, and what does it mean for our market now? Let’s find out.

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

For today’s market update, we’ll be looking at 2018’s end-of-year numbers to get an idea about where we are now compared to we were last year.

 

When we talk about being in a buyer’s or seller’s market, we’re talking about how much inventory is available. Six or more months of inventory means we’re in a buyer’s market, and anything less constitutes a seller’s market. More inventory means more choices and stronger leverage within negotiations for buyers, and less inventory means sellers have the upper hand, since there are fewer homes that buyers can choose from. We’ve been in a seller’s market for a while, and January’s numbers haven’t shown a change.

 

Overall sales are down 1.4% when comparing the end of 2018 to the end of 2017. This is because there’s such a low amount of inventory; there’s simply not enough that can be sold. The median sales price is up 7% year over year. The sale-to-list-price ratio is at 96.6%—this shows what homes are actually selling for compared to their asking price.

 

"We’ve been in a seller’s market for a while and January’s numbers haven’t shown a change."

 

Price reductions were higher in 2018 than in 2017— 44.2% of homes had price reductions at the end of 2018, which is up 1.7% from the year before. Buyers seem to be tired of paying whatever prices sellers dream up. Before, they could overprice homes and still have buyers competing for them. Sellers are now having to lower their prices in order to make sales.

 

Our number of days on market has gone down to 36—in 2017, it was 40. This means that when a house is priced correctly, it should sell in about a month.

 

If you have any questions or need more information, feel free to reach out to us. We look forward to hearing from you soon.

 

Posted in Real Estate News
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Jan. 22, 2019

These First-Time Homebuyers Won With the Pazi Group

These first-time homebuyers trusted the Pazi Group with their real estate needs.

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

As first-time homebuyers, Faith and Jeff needed an expert hand in the home buying process. That guidance came from the real estate expertise of the Pazi Group.

 

The couple first realized that they’d pay less each month for a mortgage than they would through renting. On top of saving around $300 each month, they’d actually own the place they live in. They could build equity and invest in the future. 

 

"You couldn’t ask for more."

 

It’s always been their goal to own a home, but the process can be incredibly daunting for a first-time homebuyer. They didn’t know what to do, where to go, or what to expect. They thank the Pazi Group for making the experience painless; the closing process went so smoothly, they were in and out within an hour. “You couldn’t ask for more,” Jeff told us.

 

The couple didn’t believe it was possible for people their age to buy a home, but it’s never too early to start preparing. They were surprised by all the options available to them; they by no means had to pay the traditional 20% down payment to get a home. There are plenty of ways to make it happen. 

 

We’re glad to have been able to work with Faith and Jeff in their first home purchase, and we look forward to helping them again with any and all of their future real estate needs.

Posted in Buying a Home
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Jan. 4, 2019

Have You Filed for Your Homestead Exemption Yet?

A homestead exemption offers homeowners the chance to save on their tax bill. Here’s how they work.

Selling your home? Get a home valuation.

Buying a home? Search the local MLS.

Today we’re talking about homestead exemptions. Basically, it’s an opportunity for homeowners to save on their taxes. 

 

If you purchased a home in 2018, you’ll have the ability to get a discount on your tax bill. Most people will escrow their property taxes into their mortgage payment, so once they’re able to get that reduction on their property taxes, the monthly mortgage payment will go down as well. 

 

"You have until April 1 to submit your application."

 

You may need to provide your Warranty Deed book and page, proof of residence, social security number, driver’s license, and car tag info. In most counties, to be eligible for the current year, you must have owned and occupied the property as of January 1. If the property is located within city limits, you may be required to file with the city as well.

 

You have until April 1 to submit your application. We’ve put together a list of all the different counties in Metro Atlanta and where you can file for your homestead exemption for each respective county. Email us at clientcare@pazirealestate.com with “Homestead” in the subject line and we’ll send it out to you.

 

If you have any specific questions about homestead exemptions or any questions about real estate in general, don’t hesitate to reach out today via phone or email. We look forward to hearing from you soon.

 

Posted in General
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