We Specialize In These Atlanta Area Communities

Serving Metro Atlanta

Have a Question? Ask & I'll Answer It With A Video


Your question has been submitted and will be answered shortly.

When Are Rates Going to Rise?




Hey there everybody, thanks for joining us. We are excited to be joined today by John Ragland Jr. with the Supreme Team at Supreme LendingHe is going to give us the ins and outs of interest rates right now in Atlanta. 

There has been a lot of talk lately about the month of September, which is when it is anticipated that the Fed will raise the federal funds rate. That won't necessarily impact rates directly, but as the economy and investors see the rate increasing, it will cause home loan rates to move up. Between now and September, rates will be moving up, we just aren't sure when.


For every 1% increase in rates, your affordability drops 10%. That's a huge drop in buying power for just a normal rate hike.

While there is much uncertainty surrounding interest rates, we do know one thing for sure. Rates are incredibly low right now and inventory is solid, so it's a great time to buy as well. Rates can't stay this low if our economy is to remain balanced, and they are going to move up soon, probably this year.

If you have any questions for us, feel free to give us a call or send us an email. We look forward to speaking with you!

How Can You Improve Your Insurance Coverage?



Hey there everyone, welcome back. Today we are here with Lindsey Metzger, one of our preferred insurance providers, to talk a little bit about herself and how she works with us to get you the best insurance coverage possible. 

Lindsey works for American Family Insurance, and she can help you with all of your home, auto, and life insurance policies. She also sells both commercial and investment property insurance. 

What makes Lindsey and her team different from the rest is that with them, you have an actual agent assigned to your account, not just a 1-800 number. They will walk you through the entire claims process and treat you as they would like to be treated as customers. 

If you are an investor, Lindsey, and her team offer a special bonus. No matter how many investment properties you own, you can put them all under one policy. So if something happens to one of your properties, you won't have to pay 5 deductibles like you do with some companies. American Family Insurance only requires you to pay one deductible if all of your properties are all under the same policy. 

Lindsey gives outstanding service, and we love doing business with her. If you'd like to reach her, give her a call at (470) 202-7315. If you have any questions for us, feel free to give us a call at (678) 428-5841 or send us an email at Lorie@HomesByLorie.com. Talk to you soon!

What Impacts Your Insurance Rates When You Purchase in Atlanta?


        

Today we have Alex Knapp with us from The Rhoads Group to discuss how insurance rates are determined when buying a new home. This is great information for those looking to sell their home. Alex will be discussing a few different things that can affect your insurance rates for buyers.
  • FICO Score: This is your insurance score, and this has the most impact on what your premium will be. This is not the same as your credit score, and your FICO score can be great while your credit score may be lackluster.
  • There are many other things that can affect your insurance rate, and one of them that nobody thinks about is the age of the roof on a home you currently live in or one that you plan on living in. Your claims history can also be a big factor in determining your insurance rate. If you have an extensive history of loss, you may be dealt a pretty high rate. 
    • Be aware that Atlas Chalet shingles have been recalled and that this could significantly affect your FICO score if they were used to build your roof. Most insurance companies will not insure you if you're buying a home with these shingles. Chalet shingles impact both sellers and buyers- it is important to know your options, more importantly, to have proper representation to protect your wallet. 
If you would like to contact Alex, he can be reached most easily at (678) 697-1908. We highly recommend Alex because he provides great customer service and he's dedicated to helping his clients. 
As always, if you're looking to buy, sell, or invest in Atlanta real estate, please don't hesitate to give me a call at 678-428-5841.