Allen Law Group-Dana S. Fleming, PC

Allen Law Group-Dana S. Fleming, PC Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Allen Law Group-Dana S. Fleming, PC, Property lawyer, 612 Moreland Avenue SE, Atlanta, GA.

Our specialty is making sure real estate agents and lenders look good to their clients and getting them to the closing table efficiently so that we can get them paid! The Allen Law Group is a Real Estate Closing Law Firm that delivers a full spectrum of commercial and residential real estate legal services to our clients in the Metropolitan Atlanta area. Our real estate attorneys handle real estat

e matters ranging from acquisitions, financing, commercial lending, leasing, land use, construction, home building, and distressed assets, to closings, title and escrow services, residential settlements and foreclosures. Our clients come from every sector of the real estate industry: owners, developers, asset managers, trustees, financial institutions, insurance companies, pension funds, mortgage lenders and brokers, equity lenders, investors, real estate brokers, landlords, tenants, contractors, property managers, other service providers, real estate professionals and homeowners.

01/17/2019

Do you know any Federal employees who aren't getting a paycheck in Atlanta(Smyrna Area) that need some work?
(Friends, please feel free to share this on your pages.) Temporary part-time work (depending on skill set) available for Admin work while we are looking for our next hire. Email resume to Allen Law Group-Dana S. Fleming, PC @ [email protected].

12/08/2017

Tip #8

Buy what you are comfortable paying for.
You may be cleared for a loan that is far above what you are comfortable paying for. Lean on the side of caution and mortgage only as much money as you are comfortable with. There are a lot of home buyers who will mortgage themselves to the hilt only to find out later they are a slave to their home. Unless you want to be eating spaghetti dinners at home, every weekend don’t stretch beyond your means.

Contact us at (404)369-0202 for a referral today to loan officers and real estate agents who will listen to your needs and wants.

12/08/2017

Tip #7 Contact us today for a referral to a trusted real estate agent. (404) 369-0202

Understand the actual value of any property you are buying.
Working with a real estate agent that understands market values in your area is critical if you want to avoid overpaying for your house. In addition to the actual purchase price, there are other fees like appraisal and inspections that can cost you more when you don’t understand the value of the home. Sellers and banks may not be flexible should you ask about adjusting the price later, either.

12/07/2017

We love the real estate agents we work with, so we are always happy to give glowing referrals when requested. We take the time to think of personalities and schedules when we refer someone. Please contact us today at (404) 369-0202 to request a list of real agents who can assist you beyond your expectations! Whether you are a first-time homebuyer, newer seasoned investor, or looking for your ultimate dream home, we have an agent for you!

Tip # 6

*Work with a skilled Realtor that knows your area.
*Work With a Full Time Real Estate Agent. Every neighborhood has its unique qualities that you want to be aware of before you buy. An agent that is well-informed about the area will also know what homes there are worth, which will help you avoid overpaying for a property. You want a real estate agent who knows their stuff locally!

Choose someone that is full time working in the business every day and has a recent history of successful sales. The better the real estate agent knows the area, the better equipped they will be in understanding the differences in market value from one property to the next.

12/07/2017

Tip #5:

Often times, homebuyers forget to factor in "other" fees when preparing for the home buying process.To assist these homebuyers, we would be happy to give a referral for knowledgeable real estate agents and lenders. Call us today at (404) 369-0202.

"Other" expenses:

*Upfront Home Owner's Insurance
*HOA Initiation fees
*Moving Expenses
*Home Inspection
*Appraisal Fees

These are just a few of the "other" fees that homebuyers have to remember to factor into their purchase process. Knowledgeable agents and lenders can show you how to afford these expenses through loan product choices, seller credits, and/or down payment assistance. Contact us today!

12/06/2017

The Allen Law Group is committed to assisting prospective new homeowners find the right lenders! Please call us for a referral today! (404) 369-0202

Tip #3 Shop the lender

While getting pre-approved for a mortgage is a significant step for a first-time buyer so is shopping for the best deal possible. You will probably be paying the mortgage for a while so getting the lowest mortgage rate should be one of your prime considerations. Be sure to look at the annual percentage rate you are paying (commonly referred to as the APR) so you can compare apples to apples. With some loans, you may be paying more points or have higher closing costs than others. So when you are shopping for the best mortgage possible, don’t just look at the rate but the whole package.

12/06/2017

We have a vast network of real estate agent who work throughout the State of Georgia. Call us for a referral today!
(404) 369-0202

Tip #4 Know every expense

There are a lot of fees that come with a home purchase above and beyond the mortgage. Insurance, repairs, association fees, property taxes – you should have the income and the budget to handle all of these things if they are relevant to your purchase. Real Estate agents talk all the time about additional expenses to consider when buying a home. The article covers seven costs buyers often forget about. You should also have some savings to cover emergencies with the home.

12/05/2017

We are happy to refer you to a lender who can help you finance the home and/or investment property of your dreams! In the past year, we have closed real estate transactions ranging from $12,000 to over $7 million! Contact us today for a referral! (404) 369-0202

So Why Seek Pre-Approval?
Pre-approval AdvantagesSaveYou might be wondering, if neither mortgage pre-qualification nor pre-approval is a full loan verification and commitment from a lender, why should buyers even bother? There are some reasons why!

The answers are tied with the fact that for taking the time to speak with a lender, buyers can get a more informed idea about how much they can truly afford to spend on a home. They’ll have a better sense of which loan programs are best for them and which homes are in their price range.

Buyers will also learn how much of a down payment is required up front to secure their loan. Receiving pre-approval is a significant step in the real estate buying process, and doing so can help demonstrate to sellers that you are a motivated and serious buyer.

Another crucial consideration is when they lender runs your credit there is a possibility there could be errors on your credit report that could potentially derail your ability to get the best loan terms or even a mortgage altogether. If this happens to be the case, you will at least have the capacity to try to fix your credit report errors. On a few occasions over the years working as a Realtor, I have seen these kinds of credit issues surface. It is not a position that you want to be in when buying a home.

So if you are ready to purchase a home, get pre-approved for a mortgage! Getting pre-approved will put you in the best position to buy the home of your dreams.

12/05/2017

We are happy to refer you to one of our trusted lenders who we close loans with. Please call us at (404) 369-0202 to get referred to a lender who is well-versed and creative with financing.

The Mortgage Pre-Approval Advantage

A pre-approval means that you are far closer to receiving a mortgage loan commitment from a lender than with just a pre-qualification. A pre-approval can help buyers to take some of the guesswork out of the home buying process. In the eyes of any seller, you are considered a “stronger customer” with pre-approval status than with just a pre-qualification letter.

Pre-approval is very helpful as a bargaining tool in negotiating a better deal with a seller. Overall, having a pre-approval can make you feel more comfortable with the home buying process and have more of a leg to stand on when negotiating with sellers. It should be duly noted that any good Real Estate agent is going to require a buyer to have a pre-approval letter and NOT just a pre-qualification when they are representing a seller.

You should understand that neither a “pre-qualification letter” nor “pre-approval” are viewed as absolute, iron-clad loan commitments from lenders. A creditor will still have to look closer to assess property appraisals, verify the information collected, and in some cases, re-check the applicant’s credit report again before agreeing to issue a loan. Having a pre-approval in hand, however, is about as close as you can get to knowing you will get financing.

When a buyer is pre-approved they will typically not get financing unless one of the following takes place:

*The buyer loses their job before closing.
*The buyer has misrepresented something in their mortgage application.
*The buyer has not disclosed something to the lender like an impending divorce.
*The home does not appraise for the value needed to get financing.

12/04/2017

Contact us today to get a referral to a lender who can assist you in obtaining the new home of your dreams in a judgment-free environment! (404) 369-0202.

Pre-qualification vs. Pre-approval: What’s the Difference?

In a nutshell, the difference between being “pre-approved” and “pre-qualified” is as follows:

” Mortgage pre-qualification” is a determination about whether or not the prospective applicant will most likely qualify for a loan within the lender’s current programs and standards. It is also a decision about the possible amount of the loan for which the prospective applicant will qualify.

“ Mortgage pre-approval” is a much more formal process. With pre-approval, you’ll have completed an application with the lender, supplied them with income data, your W2’s, bank statements, etc. The bank has gathered information about your employment and will also run your credit report; the lender will have run the application through an automated underwriting process. A pre-approval is a far more complete and comprehensive process than what is utilized for pre-qualification status.

12/04/2017

Tip #2 on the Path of Homeownership. Contact us today to get a referral for a lender who can help get you approved in a judgment-free atmosphere. (404) 369-0202 ext. 0.

Have a lender pre-approve you before shopping. This is one of the most important parts of the home buying process!Pre-approval means you should be able to get the loan as long as nothing changes about your financial situation or your credit score.

A pre-approval letter also helps when you want to compete with another buyer for a home you love. One of the first things most sellers are going to ask their agent when receiving an offer is how qualified the buyer is to purchase. Sellers want to feel comfortable knowing the buyer is not going to get turned down for the loan. A home buyer should understand there is a difference between a mortgage pre-approval and a pre-qualification. To get pre-approved lenders will verify employment, income, and credit. Often this is not the case with a pre-qualification

12/03/2017

Tips On Managing Credit Score when Obtaining New Credit

*Do your rate shopping for a given loan within a focused period of time.
*FICO Scores distinguish between a search for a single loan and a search for many new credit lines, in part by the length of time over which inquiries occur.
*Re-establish your credit history if you have had problems.
Opening new accounts responsibly and paying them off on time will raise your credit score in the long term.
*Note that it's OK to request and check your own credit report. This won't affect a score, as long as you order your credit report directly from the credit reporting agency or through an organization authorized to provide credit reports to consumers.

Address

612 Moreland Avenue SE
Atlanta, GA
30316

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+14043690202

Website

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