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Leslie Edwards

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5% Mortgage Interest Rates !

by Leslie Edwards

Available Mortgage Interest Rates can change daily.  Today I am seeing quotes of  5%  for a 30 year fixed rate convention loan.  Rates can be even lower for a 15 year loan.

     There are lower rates available for adjustable rate mortgages but PLEASE don't consider one of those loans.  I advise my clients to choose a fixed interest rate instead of a loan where the rate starts low and changes periodically.  My experience has been that although buyes are told that the rate can adjust up or down, most of the time the rate is going UP, not down.          

 Five years ago, I sold a home to a military couple who insisted on buying a home that they could only afford using an adjustable rate mortgage with an interest rate 1% below the fixed rate available. Their rationale was that he would be transferred before the rate change at 3 years so it would not affect them.  He did get transferred in three years, but meanwhile, the couple divorced and she was stuck with a home they could not sell, she could not qualify to refinance and the interest rate was rising.

More than showing buyers homes, we provide extensive market information and guide them through the process from financing through closing.  For a market consultation, call or email

leslie edwards                                 the name you know in real estate 770.460.9448   leslie@leslieedwards.com   www.leslieedwards.com                                                                                                                                      

serving south metro Atlanta Georgia       RE/MAX Hall of Fame    RE/MAX Lifetime Achievement

 

 

 

Christmas is Over

by Leslie Edwards

It is time to take down the holiday decorations.  In all price ranges and areas, there are those who leave the Christmas lights up all year round. 

Then there are those who leave the lights and decorations up while their neighbors are celebrating Valentines Day and Easter.

Is it because they like the way the lights look or are they too lazy to take them down? I had a potential client say he figured he would have to put them back in November anyway so why not just leave them up.

The only excuse for having holiday lights and decorations up past the first week of January is if you have postponed Christmas waiting for someone to come home.

That's what I was thinking about today as I was driving around looking at properties.

leslie edwards sells real estate 770.460.9448

There's Lead in Those Plates From China

by Leslie Edwards

The news about lead in toys made in China has me thinking about everything that is made in China.  I have everyday dishes that say Made In China on the back so I began searching the internet for information.  What I read is that yes, there is lead in plates from China and that cracks or chips can be dangerous as there is a release of  lead dust.  These dishes, according to the article, can also be dangerous when used in a microwave or with highly acidic foods like spagetti sauce.  Even if I don't use the Made In China plates when chipped, cracked, in a microwave or with spagetti sauce, I still don't feel comfortable eating off of them. 

Yesterday it was announced that someone is suing Martha Stewart because of lead in the dishes sold under her name claiming a variety of afflictions related to lead poisoning

Are people in China ingesting lead from dishes, toys and any number of other commonly used products?  Is there a widespread epidemic of lead poisoning in China?  Or, if you believe in conspiracy theories, could be a plot to poison Amerca? 

Another good reason to choose products that are Made in America.

There are tests for lead in products and simple blood tests to determine if the body has a dangerous level of lead.  Next time my Doctor's office does bloodwork, I am going to ask them to test for lead.  If I had children, I would have them tested immediately.

Henry County Real Estate Activity 1 Year, 6 Months, 3 Months

by Leslie Edwards

The residential real estate in Henry County for the past TWELVE MONTHS.

 Status                          #                 Average Price        Ave Mkt Days     %

 For Sale Now            3856             $256,485                    144                              13.31 Supply

 Sold                             3476            $200,465                    106            44%          289.67 per month

 Expired Unsold          4431            $242,726                    185            56%

The market for the past SIX MONTHS

 Sold                             1460             $193,560                     109           36%          243.33 per month

Expired                          2581            $243,106                     186            64%

The market for the past THREE MONTHS

 Sold                               597               $193,741                     114           30%           199 sales per mo

 Expired                        1419               $236,536                      187          70%

Translation:  Based on the number of homes that sold over the past year in Henry County, we currently have a 13.31 month supply of single family homes for sale now.

The average number of homes sold per month has gone from a one year high of  289.67 per month to a 90 day low average of 199 sales per month

The percentage of homes sold dropped from 44% a year ago, to 36% over the past six months to just 30% in the past three months.

The average sales price has dropped 3% in the past 2 months 

When you look at these numbers, compare the average price of homes for sale, sold or expired.  The average price of the homes that do not sell are clearly higher than the average price of the homes that do sell and often the average price of the homes currently for sale is higher than the homes that sold and the homes that expired. 

These are the facts.  The good news is that In any market, the best properties sell.  You have to have the very best property or the very best price.

If you want an aggressive, straighforward, no nonsense real estate agent, call me for a FREE consultation.  No obligation.   My 30 years of negotiating experience negotiating can save you money.

leslie edwards, the name you know in real estate, 770.460.9448 direct .  Email leslie@leslieedwards.com     or visit  www.leslieedwards.com where you can sell all of the properties listed for sale and get important real estate information.

A proud RE/MAX agent since 1979.

your comments are always welcome.  le

                                                                       

 

Why Do They Do That?

by Leslie Edwards

  A caller to Neal Bortz radio show once said he had every right to ride in the left lane as long as he was going the speed limit and he resented it when habitual speeders honked and demonstrated their anger at him.

My question is this. Do people drive slow in the left lane and hinder the flow of traffic because they are (A) Oblivious?  (B) Obnoxious?  (C)  On their cell phones?

What do you think?  Do you ride in the left lane, blocking cars that want to pass?  If you do, please stop it.  I have driven in places across the country and around the world and I may be wrong, but it feels like people right here in GA are among the worst offenders.  Retirement areas in Florida are probably worse, but it is still pretty bad here.

Slower moving traffic, keep to the right ! !

Visit me on the web at www.leslieedwards.com where our homes are open 24 hours a day and you  will find FREE real estate information.  Read about our experience and see how we market our listings.  I hope the next time you buy or sell real estate you will contact me to represent you in your next real estate transaction. 

 Call me at 770.460.9448 or email  leslie@leslieedwards.com  If I can't help you, I will give you a FREE referral to the best agent in your area.  Send me your questions or comments.

leslie edwards

Plastic is Slowly Killing Us All

by Leslie Edwards

 

For years I have told everyone who would listen about the dangers of plastic.  Friends think it's odd that I do not own any plastic food storage containers, no plastic glasses, cups, forks or water bottles, avoiding plastic whenever possible. I buy glass bottles instead of plastic,  I save and reuse glass jars and  my water bottle is stainless steel.  Plastic is everywhere, we can't get away from it.  But we can avoid exposure to plastic when possible.

I am not a finatic but I am aware and determined to spread the word.  Some research, usually funded by the plastic manufacturers, shows there is no danger from exposure to plastic.  Other independent studies shows serious dangers from ingesting plastic.  Different studies, conflicting results. 

 Be aware, read some articles, get the facts.  If there is any chance it is true, we have to stop giving our children plastic water bottles, sippy cups, toys, pacifiers, food containers, etc. 

The dangers of plastic gets very little press considering what a huge issue it is.  When I talk about it I can tell most people prefer to ignore the research. 

  My assistant bought some cooking oil in a plastic bottle to use for a party.  A week later, I opened the bottle and I could smell plastic and the oil tasted like plastic.  People have gotten used to the taste of plastic in drinks and food and continue to ingest the dangers chemicals used in manufacturing plastic.

Below are three links to articles about dangers of plastic.  There are hundreds of articles on the subject.  I urge you to read at least enough to know that when you microwave food, use glass.

http://www.webmd.com/baby/news/20030331/danger-in-plastic-baby-bottles

http://www.mindfully.org/Plastic/Plasticizers/Out-Of-Diet-PG5nov03.htm

http://rense.com/general64/plastic.htm

leslie edwards    the real estate agent   770.460.9448    see listings at   www.leslieedwards.com

Serving South Metro Atlanta Georgia

Nobody in The World Sells More real Estate Than RE/MAX

Raise Your Credit Score

by Leslie Edwards

1. Pay your bills on time

2. If you have missed payments, get current and stay current.  The longer you pay on time the better your credit score

3. Even if you pay off a collection it will remain on your credit report for seven years. 

4. If you cannot make your payments, contact your creditors or see a credit counselor

5. Keep balances low on revolving credit

6. Maintain fewer open accounts

7. Don't close unused credit lines.  Closing accounts will not help your score

8. Don't open new lines of credit

The best credit score is between 760 to 850

General loan guidelines will consider scores in the low 600's and sometimes even in the high 500's with compensating factors.

If you need help finding a loan, call me.  I work with some great mortgage people and would be happy to give you names.  It is always good to shop rates, but don't be fooled.  Often the lowest rate does not have the lowest costs and the difference in costs can make the lowest interest rate, the most expensive program for you. Get and compare all the costs, not just the interest rate.

Call me for a FREE, no obligation consultation regarding your real estate needs and dreams.

leslie edwards  sell real estate  770.460.9448 direct  RE/MAX  See 100,000+ listings for sale at www.leslieedwards.com

 

Aluminum Linked to Alzheimer's Disease

by Leslie Edwards
 When my mother was diagnosed with Alzeheimer's years ago, I began researching the disease and have long been convinced that there is a connection between aluminum and Alzheimer's.  Here is part of an article I read on Rense.com by Dr. John McDougall, MD of the McDougall Wellness Center 5-25-3.  There is a lot more information on the internet about the subject. 
I have not used aluminum pots and pans for over 25 years substituting stainless steel and glass.  I don't use plastic containers either, but that is a whole different issue.  I use a hard to find deodorant that does not contain aluminum and avoid anything with aluminum as an ingredient.  You will probably be surprised to learn all of the ways we are subjected to aluminum.  While it is impossible for any of us to do everything to avoid exposure to aluminum, by understandings the hazards, we can make better choices. 
This is one of things I have been thinking about...
Alzheimer's Again
Linked To Aluminum

In patients having Alzheimer's disease the brain is somewhat shrunken and, on postmortum examination, a definite loss of nervous tissue is noted. Examination of the brain tissues under a microscope reveals small bundles of material called senile plaques, scattered throughout the tissues. The more plaques that are present, the worse is the mental condition of the patient. Chemical analysis reveals the presence of the metal aluminum at the core of each plaque and within many of the cells found in the plaques. Evidence is accumulating to indicate that aluminum may be involved in the formation of the plaques, and it is therefore a prime suspect as the initial cause of the disease.
Five population studies now link Alzheimer's disease to aluminum in drinking water. As early as 1885, aluminum was shown to be toxic to the nervous tissues of animals. Aluminum can also produce a degeneration of the nervous tissues in cats and rabbits that resembles in some ways that seen in the brains of human patients with Alzheimer's disease. Patients with diseased kidneys accumulate large amounts of aluminum in their bodies from medications and from kidney-machine solutions that have been used until recently. This accumulation results in a severe mental deterioration.
Aluminum is the third most common element in the earth's crust. "Normal" dietary intake of aluminum is about 3 to 5 mg per day, of which only a very small amount is absorbed by the body's tissues. The aluminum to which we are exposed comes from many sources, and most of these are under our control. Dust, water, and even unprocessed foods contain aluminum that may be difficult to avoid. But aluminum in cosmetics, many medicines, food additives (for example, some brands of baking powders, and highly absorbable aluminum maltol used in instant chocolate mixes), cans, kitchenware, and utensils can be easily avoided. A very popular antacid, Amphojel, consists of aluminum hydroxide.
Most of this daily intake is eliminated by healthy kidneys. However, some individuals seem to absorb aluminum more readily, or are less able to eliminate it; these people, who cannot be identified before symptoms begin, are most likely to suffer from Alzheimer's disease. Certainly not every one of the multitudes of us who have been fed for a lifetime on foods cooked in aluminum pots and pans will end our days in this world as severely mentally deficient patients. Aluminum is only one strongly suspected culprit. Scientists believe that other factors, yet to be identified, are involved in the interactions that allow the body to suffer this form of degeneration.
Some scientists are particularily worried about inhaled aluminum because autopsy studies have shown a high proportion of senile plaques in the olfactory (smelling) lobes of the brain. Spray antiperspirants would be a likely product for this concern.
Your choice of cookware is important. Glass and porcelain are relatively nonreactive with foods. Metal cookware does react with the acids in foods and the metal ions thereby released gain access to your body. In the case of copper, iron, and stainless steel cookware the metals are actually essential trace elements, and therefore make a valuable nutritional contribution if they are not absorbed in excess. Aluminum, on the other hand, not only has no recognized function in the body, but is toxic.
My Recommendations: Based on present information prudent action would be to avoid all sources of ingestable and inhaled aluminum. Those who fail to heed this advice will serve as "guinea pigs" for the human experiments that may eventually prove the presence or absence of serious health effects of aluminum.
Two years of investigation were reported in the Lancet in 1991 using an aluminum chelating agent, desferrioxamine, to slow the progress of Alzheimer's disease. Between 1979 and 1987 there has been a thirteen-fold increase in the number of deaths from Alzheimer's disease in the United States. To me this represents the increase in exposure to aluminum that has happened to people in our society.
See entire article at rense.com
Call me to buy or sell real estate in South Metro Atlanta Georgia. 
leslie edwards the name you know
770.460.9448
see 100,000+ Georgia properties for sale at www.leslieedwards.com

What Makes Up Your Credit Score

by Leslie Edwards

Credit scores are used by most lenders for mortgages, car loans, credit  cards, furniture financing and more, to determine the level of risk they are taking when they loan you money.  Credit scores can affect how much and what loan terms a lender will offer. Often the higher the risk, based on a low credit score, can mean a higher interest rate to the borrower while the higher scores are offered the lowest rates.

Credit Scores are calculated based on the following percentages

30% on the amounts you owe

35%  is based on payment history

15%  on the length of credit history

10%   on the types of credit

10%   on the amount of new credit

Unless you are paying cash, you should get preapproved prior to looking at properties.  Sellers might be more likely to negotiate and accept offers accompanied by a PreApproval Letter.

If you want to buy or sell real estate in Fayetteville, Peachtree City, Tyrone, Brooks, Newnan, Sharpsburg, McDonough, Stockbridge, Locust Grove, Hampton, Jonesboro, Lake Spivey or any place in South Metro Atlanta, call me.  leslie edwards direct 770.460.9448  RE/MAX advantage

I Have An Opinion About Everything

by Leslie Edwards

The blog is a perfect forum for me to say what ever is on my mind, since I do have an opinion about almost everything.  After 30+ years as a REALTOR, I think about real estate a lot.  But real estate is not all I think about.  Stay Tuned.   

leslie edwards, sells real estate, 770.460.9448

South Metro Atlanta GA, 

 

Displaying blog entries 81-90 of 90

If you hear of anyone who wants to buy or sell in any of these areas, please mention me and then call me so I can contact them. I appreciate your referrals!