Author Archives: Dean Tilman

Different buyers in 2011 vs 2010

The first half of 2011 couldn’t be more different than the first half of 2010 in terms of home buyer profiles.  In early 2010, the homebuyer tax credit was the primary impetus for home purchases.  Many buyers accelerated their purchases … Continue reading

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Atlanta City Council Votes to Give Away 500 Homes!

First 500 people to reply will be given a free house in Atlanta!! In an unprecedented move, the Atlanta City Council has unanimously voted to donate 500 foreclosed homes to real estate investors. The intent is for investors to renovate … Continue reading

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Spring buyers are back

Our clients are getting an uptick in traffic to their properties.  Fully renovated properties are getting priority for retail buyers.  Those buyers often don’t have the time and/or money to do additional renovations themselves.  Also, the low budget renovations of … Continue reading

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Tough to find commercial loans

It seems that it is getting more difficult to get commercial loans via traditional lenders.  At DJ Mortgage we are seeing a large uptick in commercial funding requests.  Many of these loans are at a low LTV.  For most hard … Continue reading

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Enough of the Snow!

So much for global warming!  Atlanta took a hit with the snow and ice last week.  Amazing how the whole city shuts down but it’s probably unwise to use taxpayer funds to purchase additional snow/ice removal equipment for such a … Continue reading

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2010 End of Year Bargains?

As of early December, it’s hard to determine if the banks are willing to deal on disposing of their REOs by year end. I’ve seen increased movement by banks to lower sales prices when presented with comps showing lower values … Continue reading

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DJ Mortgage now has a blog!

DJ Mortgage will be providing real estate investing commentary and observations through the blog on this site. Return often to learn about the latest trends in real estate investing.

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