Author Archives: Marie Dinsmore

Why Realtor Certification Matters: CDPE

I’ve been a Realtor along the GA400 corridor (covering Milton, Alpharetta, Cumming, Johns Creek, Suwanee and Dawsonville) since 2002, and have helped more than 300 families buy or sell a home in the area. My experience and knowledge of this market is extensive. With over 12 years’ experience in the Real Estate Industry, I realize the importance of being able to assist my clients with not only their buying and selling needs, but also to be able to help those in need during difficult financial times avoid foreclosure.

Through years of experience, I have developed what I believe is the most effective short sale listing system available: understanding what works; how banks think; and how to get banks to forgive outstanding debt associated with short sales.

In a previous blog, I explained the importance of having the CLHMS (Certified Luxury Home Marketing Specialist) certification.    This time, I would like to explain the CDPE certification.

CDPEA Certified Distressed Property Expert® (CDPE) has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. CDPEs can provide solutions, specifically short sales, for homeowners facing market hardships.

Homeowners regularly proceed without guidance of any kind through the often financially and emotionally devastating prospect of foreclosure. Speaking with a well-informed, licensed real estate professional is the best course of action for a homeowner in distress. Through comprehensive training and experience, CDPEs have the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale.

So what is a short sale?

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.

But to be technical, here’s a more official definition:

  • A homeowner is “short” when the amount owed on his/her property is higher than current market value.
  • A short sale occurs when a negotiation is entered into with the homeowner’s mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then ‘sold short’ of the total value of the mortgage.

For homeowners to qualify for a short sale, they must fall into all of the following circumstances:

  • Financial Hardship – There is a situation causing you to have trouble affording your mortgage.
  • Monthly Income Shortfall – A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.
  • Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

This seems simple enough, but it is a complicated process that takes the expertise of an experienced professional. CDPEs don’t merely assist in selling properties, they serve and help save their clients in need.

While the market has shown definite improvement in the North Atlanta area, you or someone you know may still need advice on how best to avoid foreclosure during difficult financial times.   Please contact me if you have any questions regarding the short sale process.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789770-712-7789

Real Estate Agents Rank Biggest Home Seller Mistakes

I found this article posted on the ActiveRain Real Estate Network site that I thought I would share.  This outlines some of the important things that the home owner needs to consider when selling.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

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A recent survey of real estate agents by ActiveRain has confirmed that there are certain things a seller should avoid if they are trying to get their home sold for the best price in the least amount of time.

The results of this survey are no surprise to real estate agents, but sellers need to understand that eliminating as many hurdles as possible to the sale of your home will help you achieve your desired outcome.

Biggest%20Home%20Seller%20Mistakes_ActiveRain_Oversized

Here are the top mistakes real estate agents commonly see made by homeowners looking to sell their house.

1. Overpriced Home

2. Showing Availability – It’s Difficult to Set a Showing

3. Cluttered Space – Unwilling to Depersonalize or Remove Clutter

4. Unpleasant Odors in the House

5. Seller Unwilling to Make Repairs Prior to Listing

6. Sellers Unwilling to Negotiate with Buyers

7. Bad Photos in the MLS

8. The Home is Just Plain Messy

9. Sellers Who Like to Play Tour Guide During Showings

10. Picking the Wrong Agent

– See more at: http://activerain.com/seller-mistakes#sthash.KkUyAuG9.dpuf

RE/MAX – December 2013 National Housing Report

1-30-2014 2-56-12 PMDespite the traditional winter slow down, both home prices and sales inched higher in December. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the December median home price of $185,400 was 11.9% higher than the median in December 2012. After double-digit growth in home sales during the summer, sales cooled off, but December still saw a 0.7% year-over-year increase. Slower sales growth is associated with a limited inventory of homes for sale coupled with increased lending requirements and mortgage fees. At the rate of home sales in December, the Months Supply of inventory rose to 5.9 months, nearly equal to the 6.0 supply that defines a market balanced equally between buyers and sellers. Although the national inventory situation remains tight, it appears to be trending in the right direction. With a 12.0% drop in inventory from December 2012, the percentage of year-over-year inventory loss has shrunk for nine consecutive months.

“It’s great that improving market fundamentals continued through the normally slower winter months, and we ended the year on a strong positive note.”

Margaret Kelly, RE/MAX CEO

To view the full report, click here:  REMAX_National_Housing_Report_Jan_2014

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Romancing the Home: Love is in the Air

romance 3When searching for a home, it is easy to “fall in love” with a property. Before you put in that offer though, ask yourself can you BE in love in the house? How a home stacks up in the realm of romance might take top-tier in some people’s list of priorities, but even if it doesn’t, issues like privacy, noise, temperature and certain amenities can definitely break up your love affair with a property.

Loving a home and being in love in a home can go together. Look at properties that are well designed and maintained, easy to live in, and that are in areas that foster a sense of sanctuary, enabling people to be at their best. Homeowners that are seeking to amp up the warm feelings of love in their environment can find ways to evaluate homes with their own “way of life” in mind.

Much of the romance of a home is in the ability to control the environment to fit and to create a mood. Some elements are malleable and can be enhanced with modifications of paint and furniture, additional lighting, and personal items. By spending a few dollars, you can add things that are missing or replace items that are broken, dated, or poorly conceived. However, other issues are more challenging and potentially cost prohibitive to correct: the size of rooms, older wiring systems that cannot support a modern load, too few bathrooms or placement of the home on the property.

When assessing a property, here are some features to consider:

Privacy – How much privacy do you require from intruders, viewers, even other occupants of your home? How does the “lay of the land” or other buildings affect the privacy of your property? Having an audience or being the main attraction can take the romance right out of the air. In addition to the view you see or provide, think about noise. Are you constantly listening to your neighbors’ conversations? Will they be hearing yours? Do children or frequent guests to your home affect the romantic atmosphere? Separation of spaces might be a useful filter in the evaluation of a home. And what about bathing, dressing? Ensure that everyone’s sense of privacy can be achieved.

View – Does it inspire, envelop, overlook, or make you a subject? Privacy issues aside, consider the views from different vantage points. What you see can enhance or detract from a romantic atmosphere, so pay attention to views room-to-room and in transitions around the home.

Amenities – Are there features of a home, or luxuries that might be incorporated in a home that aid your romantic sensibilities? Many people like hot tubs, luxury bathrooms, large bedrooms, saunas or the benefits of well stocked wine cellars. If the home is lacking, can you add it? If the amenities are there, are they making up for something lacking? Consider rating and ranking amenities that are present and that could be added later. If there is a perfect place for the most idealistic of dreams, this could be a selling feature of the home – but the item might not be there, yet.

Lighting – both natural and augmented, should provide what you want where you want it. Do you like a dark bedroom in the morning, or would the sunrise be a welcome view? How is the house oriented and how will the changing light affect different rooms? Are light fixtures adequate and up-to-date? Are lights able to be dimmed, allowing control over mood? Is there a fireplace for light and warmth, or a great place for a fire-pit outside?

Ventilation/Heating and Cooling – Temperate breezes through open windows can be quite enjoyable in the right environment. However, kitchen smells and other lingering odors can be a detractor and stifle any sense of ambience. Being able to control airflow and in turn to control temperature and olfactory stimulus can be a key factor in many climates, from hot to cold. Face it: there’s nothing enticing about the smell of stale air, being too hot or too cold.

Sound – Some sounds add to a feeling of tension or discontent. Systems that produce noise like heating or cooling systems, dishwashers, ventilation fans, even refrigerators can be noisy when running. Consider a trial run to understand the noise load if you are sensitive to such things. Outdoor noise may be out of a homeowner’s control, but some newer homes have made advances to keep unwanted noise out. The addition of built-in speakers and audio systems enables additional control over the environment. Creating sanctuaries that attract song birds or water features that mask the sounds of traffic are also creative ways to add romance to the home.

So in this Valentine’s season, ponder the romance of a home, the romance that happens in the home and the ability to make a home romantic.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Featured Neighborhood: Blue Valley

This month, The Dinsmore Team would like to highlight one of the very few luxury equestrian estate communities in North Georgia, Blue Valley.   Situated in Milton, North Fulton County, this gated community is composed of 400 acres.  Estates here range in size from 1 to 15 acres, and some are lake frontage.   The community was designed to leave much of the perfect natural setting untouched, and each home is designed to complement the surrounding property.   It is also close to downtown Alpharetta, where you will never have to search for great shopping or restaurants, and whether you’re headed north to the mountains or south to the Perimeter and beyond, your commute will not be long.

Blue Valley Site Plan

Amenities abound in this magnificent community:

  • For riders – you will enjoy the covered riding/jumping arena, 32 stall show-barn with paddocks, stables, and winding riding trails that pass streams and hardwood trees.
  • For golfers – you will be close to several upscale golf and country club communities, including The Manor, White Columns and Echelon.
  • For the Family – there is a clubhouse, a junior-sized Olympic pool, a kiddie pool with cabana, playground, three tennis courts, green spaces with two community lakes, as well as walking trails and sidewalks to thoroughly enjoy the neighborhood.

Whether you ride or not, the homes of Blue Valley offer the finest features.  Sharp Residential, the builder, is known for their fabulous gourmet kitchens and indulgent master suites.  Every detail, from aesthetics to energy efficiency, has been considered.  Just a few of the features that you can expect are:  elegant floor plans, four-sides brick and stone exteriors, 3 car side-entry garages, fireside keeping rooms, 6-zone irrigation systems, wainscot and crown moldings, cultured marble shower pans, butler’s pantries, granite kitchen countertops  – the list goes on and on.

Blue Valley truly has it all – fabulous architecture, unbeatable amenities and the perfect location.

Please call me to get the best guidance and advice on purchasing in this extraordinary community.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789