WELCOME TO THE ATLANTA
HOMEBUYER'S COURSE
Here's What You Need to Know About
Buying a Home In Atlanta ...
Homebuyer's Course
WELCOME
You Need an Expert
Buyer's Compensation
Choosing the Right Lender
Making an Offer and Negotiations
Your Offer Is Accepted
Inspections Are Complete
The Final Steps
Erin Brockovich Buyer Compensation
Nestled in the vibrant heart of North Georgia, Atlanta offers an unparalleled blend of serene suburan living and the convenience of city life.
Whether you're a first-time buyer or looking to upgrade your living situation, our tailored market updates, captivating community videos, and comprehensive real estate insights make your home buying journey seamless and enjoyable.
Exclusive Market Updates
Stay ahead of the curve with our up-to-minute market updates. from the latest listings to price trends we ensure you have all the information you need to make informed decisions. Atlanta's real estate landscape is dynamic, and with our expert analysis, you're alway in the know.
Market Updates
National Market Update
NAR Market Update
Market Trends
Buyers Tips
Considering Buying?
Buying a home can be an exciting but also challenging experience. If you're planning to buy an Atlanta home, it's important to be prepared and aware of what to expect throughout the process. This short guide is designed to provide buyers like you with valuable insights and tips to navigate the purchase of your Atlanta property successfully.
DOWNLOAD TO ACCESS:
The Ultimate Guide
A Step by Step Process to Buying A Home
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Preparing for a possible move this summer? Click below to check out our moving checklist to your whole house ready for the next home!
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ATLANTA STATS & LOCAL INFO
WELCOME TO THE VIRTUAL HOME BUYER SEMINAR ATLANTA
If you're either thinking about purchasing a new home or already made the decision to purchase a house, but you still have questions or concerns regarding the process, price or anything else - let me tell you:
You're in the right place.
This free home buyer seminar is giving you the exact step by step blueprint on everything you need so you can get clarity on everything A-Z and guide to you make the best decision in purchasing your new home.
You will learn about timelines and timing, inspections, loan pre-approvals, negotiations, and so much more.
Take a look around and let us know how we can help you.
Mellanda Reese | Broker & Owner
Andora Realty Group
License # 334081
WELCOME TO THE VIRTUAL HOME BUYER SEMINAR LIBRARY
Enjoy the latest & most up-to-date marketing & sales tactics to help you purchase a NEW home.
Thinking About Buying?
Are you thinking about buying a home but you don't know where to start?
Learn to take advantage of Tax Saving opportunities instead of throwing your money away
Walk through the important aspects of purchasing a home
What to Expect When Buying a Home
Purchasing a home is most likely going to be one of the largest investments you will make in your lifetime.
We have helped hundreds of clients in the past and we can help you too
My team and I are free! The seller pays for our fees and they have an agent who has their best interest at heart. We are here to have yours
Home Buying Process -
First Step
The first step when looking to buy a home is getting qualified for a loan.
Before doing anything else you need to know what you can afford by getting qualified for a loan
Don’t go house hunting before going mortgage shopping
Pre-Approval vs
Pre-Qualification
Why you need an approval rather than just a pre-qualification.
Pre-Qualification is not a true approval but the initial step in a home loan process where you discuss your financial situation with a loan officer - nothing is verified
Pre- Approval is where the buyer provides the lender with the necessary documents to tell them what they are approved for, which loan option is the best for them and what the interest rate will be
10 Must Not’s When Buying a Home
Once you find your dream home, we need to make sure you get to move into it.
Don’t change jobs; becoming self employed or quit current job
Don’t buy a vehicles
Don’t use any charged cards or let your accounts fall behind
Don’t spend money you saved for closing
Don’t omit any debt or liabilities from your loan application
What are the Pros and Cons of Purchasing a Home?
Whether you’ve never owned a home before or it’s been a while since you’ve purchased, let's talk about the pros and cons.
Pro: Your wealth can increase as you build equity in your home through 2023 averaging about 3%
Con: Maintenance costs; work and money to keep a home in good condition
How Much Money Do I Need To Purchase a New Home?
Most people are afraid that it will cost them thousands and thousands of dollars to purchase a home in Atlanta.
There are various loans and grants to qualify to purchase a home
3 Tips To Get Your Offer Accepted
Are you competing with other buyers on your dream home or do you want to make sure you’ve got the best chance of getting your offer accepted?
Make sure you offered a competitive price on a home
Put down a larger earnest money deposit
Let the seller know that you have not written offers on any other properties
How To Choose An Agent
To Work With
Choosing an Agent to represent you is one of the most important decision you will make
An agent is more than just a door opener
Your agent should be proactive and make your process seamless and stress free
COMMUNITY VIDEOS
Let's Get You Prepared To Buy A Home
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Meet Mellanda Reese
Mellanda Reese | Broker & Owner
Broker & Owner
License # 334081
Meet Mellanda Reese
With over two decades in real estate, Mellanda Reese stands out not just for her expertise but for her passion for guiding clients through significant life transitions. As the heart of Andora Realty Group, she combines deep industry knowledge with a personal touch, making every real estate journey seamless and successful.
Mellanda’s approach is rooted in understanding and empathy, recognizing that every sale or purchase is more than a transaction—it’s a pivotal moment in your life. Her global perspective, enriched by her love of travel, brings creativity and a broadened view to local real estate, ensuring your needs are met with exceptional care and insight.
Whether stepping into the market for the first time or finding your dream home, Mellanda and the Andora team are your trusted partners, committed to turning your real estate goals into reality.
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2024 Real Estate Trends: Is Now the Best Time to Buy a Home in Atlanta?
“2024 offers a unique window for Atlanta homebuyers. With rising inventory and stabilizing mortgage rates, now is a strategic time to consider entering the market ” - Mellanda Reese
As we step into 2024, the real estate market is showing signs of significant change, particularly in terms of housing inventory 🏘️. After years of low inventory levels that have challenged buyers across the United States, there’s finally a light at the end of the tunnel 🌟. Recent data from Redfin suggests a pivotal shift that could impact your decision on whether to buy a home this year. Let’s dive into the details 📊.
A Surge in Housing Inventory:
For the first time in nearly a year, the number of homes available for sale across the U.S. has increased by 5%, the largest year-over-year uptick since May 2023 📈. This surge is a welcome relief for many potential buyers who have been sidelined by the scarcity of available properties. The question on everyone's mind: Is the increase in listings signaling a buyer's market in 2024? 🤔
Atlanta's Market Outlook:
Focusing on Atlanta, the situation mirrors the national trend, but with its unique dynamics. The Atlanta housing market has been one of the most watched in the nation, known for its robust growth and investment potential 💼. With more listings coming to market, we’re observing a rejuvenation in buyer activity, evidenced by the recent uptick in mortgage applications. This is a positive sign for both buyers and sellers in the region 👥.
Price Trends and Mortgage Rates:
Despite the increase in inventory, housing prices continue to rise. According to the latest Redfin report, the median U.S. home sale price has increased by nearly 6% year over year, marking the second largest increase since October 2022 💹. Meanwhile, mortgage rates are still a bit high, though they are expected to gradually decrease throughout the year. Prospective homebuyers should keep a close eye on these trends to time their purchases strategically ⏳.
Is Now the Right Time To Buy?
With inventory up and mortgage rates poised to drop, 2024 might indeed be a promising year to purchase a home, especially in vibrant markets like Atlanta 🌆. However, the decision to buy a home should also consider other personal factors such as financial readiness, long-term job security, and lifestyle needs.
Conclusion:
If you’re considering buying a home in Atlanta or any other area, this could be a golden opportunity to re-enter the market . The increase in inventory provides more options, and the potential for lower mortgage rates makes financing more accessible 💸.
Need Personalized Advice?
Every buyer’s situation is unique, which is why personalized advice is crucial. If you need more information on the current inventory and prices in your area, or if you need help strategizing your next move in the real estate market, feel free to reach out to me and my team at Andora Realty Group. We are here to help you navigate this dynamic market and make your home buying dreams a reality 🚀.
Engage With Us:
What are your thoughts on the 2024 housing market? Are you considering buying a home this year? Let us know in the comments below or contact us directly. We love hearing from our readers and are here to provide the insights you need 💬.
WHAT PEOPLE ARE SAYING ABOUT ANDORA REALTY GROUP
"The Andora Group Is The Absolute Best Way To Go For A Smooth Home Sale!"
"Working with Mellanda has been a pleasure. She is professional, caring, and knowledgeable. She really cared about making sure we were taken care of through the entire process and we still have dinner with her once a month. She has become a part of our family."
-Norm & Jane Y
"I Could Go On For
Pages Expressing Our Gratitude!"
"Working with Mellanda was a true blessing. Because of Mellanda’s experience, knowledge, wisdom, patience, negotiating power and compassion, we were effectively transitioned out of our home! This happened in a relatively short period of time. I could go on for pages expressing our gratitude and testimony. I trust Mellanda to sell and buy a home for my family anytime."
-Andrea C.
"Thanks To Her
Expertise We Received Multiple Full Price Offers!!"
"Mellanda Reese is an outstanding realtor!
She is completely committed to delivering stellar customer service. She responds promptly to and truly acts in the best interests of her clients. We highly recommend Mellanda to anyone looking for an agent whose knowledge and negotiating skills are second to none."
- Nita C.
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Disclaimer: Sales results listed above or in my marketing material are not typical and are the result of hard work, training, experimenting and learning from mistakes. These figures and results are used specifically as examples. Your results will vary depending on a wide variety of variables and factors.