Towne Lake Real Estate Guide

Here’s the latest numbers on interest rates for five common consumer products for the week of December 25th - December 31st. This national survey was performed by Bankrate.com on Wednesday, December 28th.

• Mortgages - 6.28% (30 Year Fixed)
• Home Equity Lines - 7.25%
• Auto Loans - 7.90% (48 Month - New Car)
• CD - 3.28% (One Year Yield)
• Credit Card - 13.03% (Standard Fixed)

The Atlanta Metro Area is near the top of the nationwide list of foreclosures every month. Over 3000 homes go into foreclosure each month here. It’s a huge problem. Many times foreclosure can be avoided by speaking frankly with your mortgage servicer. Before you call an attorney or just stop payments on your mortgage, call up the company that you send your mortgage payment to every month. You’ll be surprised at some of the options they can give you.

In Bankrate.com’s weekly survey, mortgage experts try and gauge which direction mortgage rates will head in the next 30-45 days. This week…

• 80% think rates are going down
• 20% think rates are going up
• 0% think rates will remain unchanged

Whether you have sold your home in 2005 or have made an investing purchase or two, this article from Forbes will help you with some 2005 real estate tax tips

In Bankrate.com’s weekly survey, mortgage experts try and gauge which direction mortgage rates will head in the next 30-45 days.

• 25% think rates are going down
• 25% think rates are going up
• 50% think rates will remain unchanged

I posted this Deer Run foreclosure on one of my other real estate blogs Cherokee Real Estate Blog. Check out the post there or use the contact form to reach me.

Here’s the latest numbers on interest rates for five common consumer products for the week of December 4th - December 10th. This national survey was performed by Bankrate.com on Wednesday, December 7th.

• Mortgages - 6.39% (30 Year Fixed)
• Home Equity Lines - 7.13%
• Auto Loans - 7.89% (48 Month - New Car)
• CD - 3.26% (One Year Yield)
• Credit Card - 13.03% (Standard Fixed)

• Before You Buy a Gas Log Fireplace [About]
• Kitchen remodeling requires new floor [RealEstateMate]
• Cabinet re-facing offers advantages, drawbacks [RealEstateMate]
• Cost vs Value - to remodel or not? [The Real Estate Blog]
• Remodeling: Cost vs. Value 2005 [Urban Trekker Blog]

I’ve found a foreclosure in the Township Place portion of Towne Lake Hills South. This could be a great find for an interested bargain hunter. This is a corner lot.

• 5 Bedrooms
• 3 Full Bathrooms and 1 Half Bathroom
• Full Finished Basement
• 2 Car Garage
• Asking Price: $239,900

If you would like to see this home or would like more information about it, please use the contact form.

Knox Bardeen
(678) 471-7612

Here’s the latest numbers on interest rates for the week of November 27th - December 2nd. This national survey was performed by Bankrate.com on Wednesday, November 30th.

• Mortgages - 6.36% (30 Year Fixed)
• Home Equity Lines - 7.07%
• Auto Loans - 7.84% (48 Month - New Car)
• CD - 3.23% (One Year Yield)
• Credit Card - 13.03% (Standard Fixed)