Atlanta Condos For Sale

In Tighter Loan Rules, Wiggle Room for Banks

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See on Scoop.it – Other Atlanta News Events

Federal regulators, apparently concerned about doing anything to disrupt a recovering housing market, allowed mortgage lenders big concessions in a new slate of regulations.

 

But consumer advocates and some industry lawyers say that the safe harbor provision, in practice, will make it difficult for borrowers to pursue an exhaustive legal inquiry. So the safe harbor is seen as a big win for the banks.

 

“There’s this constant struggle between protection and access to credit,” said Leonard N. Chanin, a partner at Morrison & Foerster.

Thom Abbott‘s insight:

You gotta love the power of the lobbying effort….or not. Banks and Borrowers both got something…but you have to wonder who got the better part of the deal.

See on dealbook.nytimes.com

Mortgages – Avoiding Loan-Modification Hoaxes

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Beware of Loan Modifications asking For Upfront MoneySee on Scoop.it – Other Atlanta News Events

Consumer advocates say a growing number of questionable modification services involve lawyers, or people who say they are lawyers.

 

Thom Abbott‘s insight:

If you are considering, or looking into a loan modification from any source other than directly from your lender, the phrase “Buyer Beware” could never be truer!

See on www.nytimes.com

Atlanta Chinese New Year Celebration February 9th & 10th

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Atlanta Chinese New Year Festival February 9-10 Chamblee GAThe Chinese Lunar New Year falls on February 10th this year.  According to the traditional Chinese zodiac, the new year will be the Year of the Snake, although many Chinese prefer to call it the Year of the “Little Dragon.”  The Chinese New Year celebration–referred to in Chinese as “Spring Festival”–is the most important of all Chinese holidays.

The Chinese New Year holiday begins on first day of the first month of the lunar calendar with dragon dances and firecrackers and ends 15 days later with the Lantern Festival.   Spring Festival is the time for family reunions, special meals and new clothes.  Children receive red envelopes containing money from their elders and family traditions and stories are passed down from generation to generation.

Atlanta Chinese New Year Celebration February 9th & 10th

Here in Atlanta, there will be a Festival to celebrate the Chinese New Year on Saturday, February 9th from 10:00am to 4:00pm and Sunday, February 10th from 10:00am to 4:00pm at the Cultural Center of the Taipei Economic and Cultural Office in Atlanta (5377 New Peachtree Road, Chamblee, GA 30341, Tel. 770-451-4456). The Festival is open to the public.  Admission tickets are $5 per person ($2 of which is returned to you as a voucher that can be used to buy food at the Festival).

The Festival will feature the traditional dragon and lion dancers, authentic Chinese food, Chinese calligraphy and other arts and crafts, as well as traditional Chinese music and dance performances.

More details are available on Facebook  AtlantaChineseLunarNewYearFestival

Consider “Going Green” and taking MARTA to the event. Take the Northeast Line (Also Called the Gold Line) to the Chamblee Station. It’s just a couple blocks walk from the station to the festival site!

Will Atlanta Drown in Wave of New Apartments?

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See on Scoop.it – Midtown Atlanta Conversations and Condos

Trying to tabulate the number of intown apartment developments currently planned, under construction or recently opened is a fool’s errand. There’s that many, from the core of Buckhead to…

 

Thom Abbott‘s insight:

Indeed! For those investors or absentee landlords, this could become an issue with so many choices for renters. The real question is will thes buildings be able to hold their own and hold their rental rates. If they start to drop them, condo owners will be forced to lower rents to compete as well. And remember, a condo owner has a mortgage payment to make and does not have the financial resources a developer may have to make monthly payments.

See on atlanta.curbed.com

77 12th Street
77 12th Street Apartments as they started Construction last year

A Homemade SAFE Drain Cleaner

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You’ve all read the warnings on products like Drano. How dangerous they can be if you get them on you, or worse yet, a child get into and drink some of it! So when I heard of this home remedy, I thought….THIS I have to share.

Condo dwellers  I find often take for granted the maintenance you need to perform on your condominium. Yes, it’s not a maintenance-free environment! And one thing you probably do, is dump grease, or at least wash some pretty greasy pans in your sink. Well, if not well flushed with really hot water, that grease and other gunk is going to build up in those pipes!

Drain cleaners typically contain lye or sulfuric acid, both of which are capable of causing an extremely serious chemical burn if splashed on the skin and are very toxic to drink. If drain cleaner hits your eyes, it may cause blindness. To avoid the scary side effects, make an eco-friendly drain cleaner instead with nontoxic ingredients you already own.

 A Homemade SAFE Drain Cleaner

Here is what you need:

  • 1/2 cup baking soda
  • 1 gallon HOT Water
  • 1 cup white wine vinegar
  • juice from 1/2 lemon

Here is HOW you do it:

First, pour the baking soda down the drain. Baking soda is alkaline, so it will cut through grease and other gunk left in your pipe.

Then, mix the white vinegar and lemon juice. Pour the mixture down the drain after the baking soda. Vinegar is an acid and will make the baking soda foam, providing some agitation to clean your drain.

Wait five minutes, then flush with one gallon of hot water! The water will wash out the foam mixture, also washing out any worrys of having a backed up drain in a condominium, which could mean water damage to you and or your neighbors!

Georgia Junior Bowl – Midtown Atlanta – December 31

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Georgia Junior Bowl at Grady High December 31See on Scoop.it – Midtown Atlanta Conversations and Condos

Ninety-eight of Georgia’s top high school football juniors will gather in Atlanta on Dec. 27 for a five day developmental program known as theRisingSeniors.com AT&T Georgia Junior Bowl, founded by former Georgia Tech star and Buffalo Bill, Joe Burns, and Dallas Cowboy, Izell Reese.

RisingSeniors was created to assist high school juniors with their athletic, academic and social development while preparing them for their senior year and instilling in them the necessary tools to thrive academically, athletically and socially. This program is offered to the selected participants as an all-expense paid scholarship program covered by the RisingSeniors Foundation.

 

Thom Abbott‘s insight:

Can’t say I ever heard of this event..and it’s right here in Midtown Atlanta! I always like to learn about new events….but when they are in my backyard and I did not even know…well then! But looks like an incredible opportunity for high school football juniors!

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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