Atlanta Condos For Sale

Mortgages – Life After Bankruptcy

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See on Scoop.it – Midtown Atlanta Conversations and Condos

EVERY month tens of thousands of people file for federal bankruptcy protection, mostly to wipe out debts and start anew.
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Many of these filers mistakenly think that it will be many years before they can obtain a mortgage or refinance an existing home loan, if they ever can — perhaps because notice of a bankruptcy filing typically stays on a credit report for 7 to 10 years. In reality, they could become eligible in as little as one year, as long as they work diligently to improve their financial picture.

Mortgages guaranteed by the Federal Housing Administration are permitted one year after a consumer exits a Chapter 13 bankruptcy reorganization, which requires a repayment plan that is often a fraction of what is owed, and two years after the more common Chapter 7 liquidation, which discharges most or all debts. Conventional mortgage guidelines from Fannie Mae and Freddie Mac, meanwhile, call for a wait of two to four years.

 

See on www.nytimes.com

When Barbara Corcoran Knows You –You’ve “Arrived” In Real Estate!

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Barbara Corcoran Knows Palmer House PropertiesToday was an awesome day! Just lots of good things happening. It’s days like this for me that must be like the electric car when it gets plugged in…..’ahhhhh…juice!’

I’ll save all the other good things for another post…but this just had to get out!

The President of Palmer House Properties, Kevin Palmer, and our Broker-in-Charge, Tod Von Brinegar just returned from Chicago and a national chamber of commerce meeting, where Kevin had the chance to meet Barbara Corcoran! While they were taking pictures, Barbara said to Kevin, “You use these pictures where ever you can to grow your business.” Kevin thanked her for her kindness, but he said she had probably never hear of this little company in Atlanta, Georgia.

Barbara promptly placed her hand on her hip, and replied, “I saw you in INC Magazine last year!” How awesome is that??

I just thought I would share the story with you all….and say that I’m even more proud to say, Thomas Ramon Realty@Palmer House Properties!

Thank you Kevin and Tom Ellicott, President for creating the greatest real estate company!

Barbara Corcoran Recognizes PalmerHouse Properties at National Conference

PalmerHouse Properties was recognized at the national chamber of commerce conference in Chicago by Barbara Corcoran, real estate entrepreneur, business consultant and television personality best known for her ABC’s Shark Tank show. Ms. Corcoran compared the success and rapid growth of PalmerHouse Properties to her own real estate business, which she started with a $1,000 loan and parlayed it into a five-billion-dollar empire. Ms. Corcoran recently sold her real estate business of 800 agents for $66 million.

Kevin Palmer, CEO & Founder of PalmerHouse Properties, had the rare opportunity to meet with Ms. Corcoran to discuss PalmerHouse Properties’ business strategies, mission and vision. Ms. Corcoran acknowledged that PalmerHouse Properties’ approach – Respect People, Have Fun, Make Money – was a major contributor to the company’s growth of almost 800 real estate professionals in only 7 years. Ms. Corcoran stated that bad times are the best times to move ahead and that was exactly what PalmerHouse Properties did. Kevin Palmer and Tom Ellicott started PalmerHouse Properties at the beginning of the worst real estate market in history; however, as Ms. Corcoran acknowledged, they were able to form a company that put the success and prosperity of its agents first.

Thanks Tom and Kevin…(and Barbara for recognizing us) in creating an enviornment where I can grow my business along with you!

Exploring Nelson’s Spring Creek Cattle Ranch in my Red Sam Edelman Cowboy Boots – YEEHAW!

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See on Scoop.it – Other Atlanta News Events

We’re now in Livingston, Montana, staying at Nelson’s Spring Creek Cattle Ranch, which is a working cattle ranch AND a fly-fishing lodge! They are a fully functional cattle ranch with a thriving fly-fishing lodging business.

See on psbananas.com

NOTE: If you happen to follow me on Facebook, you’ll know that I was born and raised on a ranch in Montana, about 3 miles from THIS one! I went to school with the son that now owns the ranch. I think some of the pictures almost look like there is a smoke haze in the air from the fires. I’ve posted about them on my FacebookPage.

Paradise Valley Livingston Montana
Mt. Delano South of Livingston This photo was taken in June, 2012. The mountain you see has now been almost totally burned by the Pine Creek Fire this past month. Glad I saw it like this!

As you can see, there really IS a reason they call it the Big Sky Country! If you ever want a totally different kind of vacation, fly into Bozeman (you can actually now fly NON-STOP from Atlanta to BZN) rent a car and drive South from Bozeman through the Gallatin Canyon, stop at Big Sky Montana (the Vail of Montana) then continue on to West Yellowstone and into Yellowstone National Park. Tour the park, with a Southern exit/detour to see the Grand Teton National Park and Jackson Hole, Wyoming.

Come back to Yellowstone, complete the circle and exit out the Northern entrance at Gardiner and head North through Paradise Valley (where Nelson Spring Creek Ranch is located) and into Livingston. Then West back to Bozeman. I promise, you’ll have hundreds of pictures and just as many memories!

Did You Know….1964?

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1964 MustangInteresting article in a collector car magazine I get, and thought I would share some things from 1964 —

  • Plans to Build the World Trade Center were announced
  • Merv Griffin’s game show “Jeopardy” debuted on NBC –and STILL going some 48 years later…WOW!
  • Warren Commission declared that Lee Harvey Oswald had acted alone

Famous Car Debuts

  • Ford Mustang (1964 1/2)
  • Chevrolet Chevelle
  • Pontiac Le Mans GTO
  • Lamborghini 350GT

The Top Films of 1964

  • Mary Poppins
  • My Fair Lady
  • Goldfinger
  • The Carpetbaggers
  • From Russia With Love

Top Billboard Songs

  • “I Want To Hold Your Hand”  — The Beatles
  • “She Love You” — The Beatles
  • “Hello Dolly” — Louis Armstrong
  • “Oh, Pretty Woman” — Roy Orbison
  • “I Get Around” — The Beach Boys

Just a little nostalgia for a Thursday morning!

 

CeeLo Green Launches NonProfit The Greenhouse Foundation

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Photo Courtesy of GPB

Picked up a news worthy item from the Atlanta Business Chronicle this morning. CeeLo Green has launched a new nonprofit, The Greenhouse Foundation earlier this month at the Southwest Atlanta Christian Academy in Atlanta Georgia.

The Greenhouse Foundation

The Foundation’s website appears to need more construction, but does cite the mission of The Foundation as “To build a more compassionate, understanding, active, efficient, dedicated and disciplined team capable of providing excellent, sustainable Humanitarian Service to the under privileged of our society specially at grass-root level.”

It’s always good to see those that have become successful in the entertainment business, come back and give back to the community. Thanks to CeeLo for coming back to ATL!

Report: Police Raid Area Food Trucks

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Where to Find Food Truck Locations in AtlantaSee on Scoop.it – Midtown Atlanta Conversations and Condos

Five trucks were issued citations Wednesday in Virginia Highland.

Now mind you, I understand that for the health and well-being of the public, we have to have some rules. Otherwise, it would be a free-for-all out there. I’m not sure of the cost of these permits, but I’d think a Food Truck could be issued a permit say, every three months, and it covers any location where the truck is going to work.

I can only imagine the nightmare of being in 4 or 5 places in one week, and needing 4 or 5 permits? Come on ATL, let’s make doing business in ATL easy, not harder.

See on midtown.patch.com

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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