Welcome to the National
Association of Hispanics
Real Estate Professionals
Atlanta Chapter
Our Sponsors
Next Events:
CE Class: "Are You Fair? … Fair
Housing Act Do’s and Don’ts for
Real Estate Professionals"
NAMAR Building
Friday February 17, 2012
The National Association of Hispanics Real Estate Professionals Atlanta Chapter, our Mission is...
Our Mission is to increase the sustainable Hispanic homeownership rate by empowering the real estate professionals that serve the community.
We believe in equal access to homeownership for all Americans. Our intention, as trusted advisors, is to help more Hispanic families achieve the American dream by delivering knowledgeable, culturally sensitive, bilingual services to the community.
NAHREP is the fastest growing Trade Association in the Country and the premier organization for Hispanics Real Estate Professionals. In eight short years, our membership base has grown to 18,000 members strong making NAHREP one of the most influential and important professionals associations in the US today.
NAHREP National and our local chapter have direct access to millions of Hispanic homebuyers across this nation and are intimately familiar with their cultural needs and special challenges.
Our Goals at The National Association of Hispanics Real Estate Professionals Atlanta Chapter are:
Helen Hernandez Archer is originally from San Juan Puerto Rico.
She comes from a family of realtors as her father was one of the first brokers and real estate instructors on the island along with her mother.
Since 2006 she has sold more than $20 million dollars in volume and over 100+ homes. In her first 7 months in real estate in 2006 she sold 21 homes. During her years selling in Atlanta (2006-2009) she grew her team with an assistant, a closing coordinator and a showing/buyers agent. In 2009 she relocated to Los Angeles, CA where she worked at Shorewood Realtors as a buyers agent alongside Ed Kaminsky, who is in the top 100 realtors in the nation, according to The Wall Street Journal for several years. While at this role she helped Mr. Kaminsky with his clients, and also was a Team Member of his Sports Star Relocation division helping athletes, celebrities and executives relocate nationwide.
In 2010 she joined Keller Williams Realty in Palos Verdes, CA as a Realtor and later as a Productivity Coach for new and experienced agents. She was part of MAPS which is the Keller Williams Mega Achievement Productivity Systems Coaching. She currently works at the Keller Williams office in Midtown Atlanta handling the short sale division of Rick Hale & Associates, one of the biggest REO teams in Atlanta selling an average of 450+ homes yearly. She is an expert of the Metro Atlanta area and the South Bay area of Los Angeles, CA. She specializes in first time home buyers, probates, seniors (SRES), short sales (SFR) & REOs. She has served as the relocation agent for CNN, ATT, Moxie Interactive and Georgia Power. She is also bilingual (English and Spanish).
She is currently a member of the:
* The Atlanta Board of Realtors, Georgia Association of Realtors and NAHREP Atlanta.
* The California Association of Realtors & South Bay Board of Realtors 2009-2011.
* Mike Ferry & Buffini and Company business coaching 2006-2011.
* Four years part of the ALC or Agent Leadership Council at Keller Williams which is awarded to the top 20% of the Keller Williams agents in each office nationwide.
* The Manhattan Beach Chamber of Commerce 2009-2011.
Prior to being a real estate consultant with Keller Williams Realty she was an awarded veteran journalist with Telemundo, CBS and CNN where she won an Emmy Award for the 9-11 Coverage in 2001 and a Peabody Award for the Katrina Coverage in 2005. With CNN she traveled many countries as a producer and managed all the political coverage for CNN in 2004. She was a member of The National Association of Hispanic Journalists.
She has been an On Air guest on different TV shows at CNN en Español & Channel 34 Univision in Los Angeles. During the summer of 2010 she had a weekly television segment in the local news at Channel 34 in Univision Los Angeles called Se Vende esta Casa. Every week she would be the Realtor expert educating and advising homeowners across Los Angeles on topics like short sales, first time home buying and how to invest in the current market. Her background as a journalist, producer and editor has given exceptional traits which she applied into her successful career in real estate.
Commenting on her appointment, Helen said, "It is a true honor to serve as a member of the NAHREP Atlanta Chapter Board of Directors and to participate in shaping the growth of a vibrant organization. I look forward to the opportunity."
KELLER WILLIAMS REALTY ATLANTA MIDTOWN
Email: helen_helenarcher.com
Phone: 404-441-3221
Fax: 404-806-4404
Roberto Salomon is an entrepreneur, consultant, coach, business planner, visionary, and public speaker who has co-founded online businesses and has been involved with international businesses, e-commerce and marketing for the past 12 years and has been targeting the US Hispanics Market for the last 10 years, starting up and selling businesses with achieved growth objectives. Roberto holds a Bachelors of Science in Industrial Engineering with specializations in Human Resources Management, Industrial and Labor Relations. He is the President of Spanish Atlanta, an Atlanta based training and development, teaching, public speaking and public relations organization specializing in residential real estate throughout the Southeast as well as working with companies and professionals interested in learning Spanish and reaching to the Hispanic market in the US and overseas. He helped companies develop and execute their strategies and teach them how to profit by taking an active approach with the worldwide Spanish speaking markets which primarily include the US Hispanic and all Latin America. With his 20 years as a business executive and entrepreneurial professional in Latin America and in US Corporate America developing outstanding practices for national and international business corporations in related areas of Manufacturing, Distribution, Sales, Customer Service, Marketing, Finance and Technology.
He has assisted clients as a Spanish Business Consultant in the dot.com industry with his experience working in international logistics business as well as with a world renowned cross-cultural agency ; Roberto has developed specialized curricula for Spanish language and cultural training programs. He utilizes his experience in coaching and human development to assist students in realizing and moving forward their passions.
Also he is the Managing Partner of The Salomon Group, a firm that combines the power of internet marketing, social media and strategic public relations. He has focused on multiple business ventures throughout his professional career, which have provided him with an expertise in business development, sales and marketing that have been expanded internationally. He has been involved in the coaching field since 1995, has over 15000 hours of coaching experience with both individuals and groups, including providing executive coaching to clients US and overseas. He brings a distinct gift of taking individuals on a unique journey in order to fully engage personal self-actualization sensors. His special interest in the business and coaching domains include: coaching in, and designing and conducting workshops on, topics such as leadership, building relationships, team members, mood management, performance management, conflict resolution and mediation, embracing diversity, and process consulting. He is a member of the International Coach Federation. He is also qualified to administer the Myers-Briggs Type Indicator (MBTI) and also trained in the use of a number of Human Synergistics profiling tools including Life Styles Inventory and Group Styles Inventory. Roberto has provided courses and training for people from the following companies and organizations: Delta Airlines, Nokia, Siemens, Care USA, QuickParts, Inc., Nortel, T-Mobile, AT&T, Deloitte & Touche, Ernest & Young, The Atlanta Journal Constitution, Cox Enterprises, Celerant Consulting, Turner, Home Depot, Argillon, Medtronic, AstraZeneca, GlaxoSmithKline, Pfizer, Manhattan Associates, Marriott and Inter-Continental Hotels Group to mention some.
In addition to providing overall leadership for RG Salomon & Associates, The Salomon Group, Rental Properties Associates, Inc., SpanishAtlanta, Spanish4Realtors, Spanish 4 Professionals and Excellentia Tutoring, Roberto worked in the Finance/Mortgage Banking Industry with two of the most prestige Companies in Atlanta. Roberto currently serves as 2011-2012 President with NAHREP Atlanta Chapter. As a Board Member of the National Association of Hispanics Real Estate Professionals (NAHREP) Atlanta Chapter he supports all Marketing, Communications, Technology and PR for the organization. Also holds memberships with two top local and national human resources training organizations the National Chapter of the American Society for Training and Development (ASTD) and the Society for Human Resource Management (SHRM). His membership with these organizations provides him with the latest knowledge and technologies related with leadership, coaching, training and mentoring. He also volunteers in several non-profit endeavors.
A main focus of his philosophy is to share knowledge and approach it to contribute to the world-wide conversations in an effective way to deal with change delivering far more effective learning processes.
SPANISHATLANTA /
SALOMON GROUP
Email: rgsalomon_yahoo.com
Phone: 678-907-2298
BOBBY ARMES, JD, MBA--Attorney, O’Kelley & Sorohan, 2010 to present.
Real Estate Transactions Attorney. Conduct Real Estate Closings in English and Spanish; Co-Founder of NAHREP Atlanta, and 8 other NAHREP chapters in the Southeast US. Attorney and Finance Professional with 24 years of experience. EDUCATION: J.D., Howard Law School, Wash DC; MBA Finance, Univ. of Scranton, BS, US Naval Academy, Annapolis, MD. PREVIOUS JOBS: VP Strategic Multicultural Markets, First American Title Ins. Co. 2007-2008; Stewart Title - VP Multicultural Markets, 2004-2007; Real Estate Attorney, Atlanta, GA, 2002-2004; Real Estate Attorney, Northern Virginia, 2000-2002; Financial Consultant, Ernst & Young, Wash DC, 1999-2000; Corporate Attorney, Shipman & Goodwin, Hartford, CT, 1998-1999; Pension Benefits Adv, US Dept of Labor, Wash, DC, 1996-1998; Financial Consultant (Smith Barney, Charles Schwab), 1991-1994; DECORATED MILITARY VETERAN, Commander, US Navy Reserves, 1990 to Present; Officer, US Navy, 1985-1990. Born in Panama.
O'Kelley & Sorohan, Attorneys at Law, LLC
Email: barnes_oslawllc.com
Phone: 770-497-1880
Cell: 813-951-2539
Janeth Ochoa was born in Sacramento, California. She relocated with her family to Georgia in 1996 to start a career in Real Estate and Insurance. Janeth was a "Rookie of the Year" in 2003 and "Realtor of the Year" in 2004. She bacame a Senior Partner with her Real Estate company Weichert Realtors - Private Realty Group in 2005. Janeth started her own Allstate Agency in 2005 in Braselton Georgia. She was in the top three producers for Allstate Insurance in Georgia in 2006. " My knowledge and understanding of the people in the community help me provide customers with an outstanding level of service. I look forward to helping families like yours protect the things that are important; your family, home, car and more. I can also help you prepare a strategy to achieve your financial goals." Janeth currently sits on the Board of Directors for NAHREP Atlanta.
Janeth is responsible for Membership for NAHREP Atlanta.
ALLSTATE INSURANCE
Email: janethochoa_allstate.com
Phone: 770-867-0442
Cell: 678-523-2815
James heads the business development and strategic planning for Ample Media, a local IT firm, privately owned and operated in Atlanta, GA. Ample media was founded on the need to improve the quality and depth of data that businesses use to market, sale, or maintain their products/services. Through their services they allow their clients to work with cleaner and more relevant data, improving their overall business communications with customers.
In addition to his work with Ample Media, James is a founding member of Latin Steps Services. LSS,Inc. is a humanitarian non-profit organization that is focused on helping marginal communities in Latin American countries to have access to medical equipment, proper treatment, and accommodations for individuals with disabilities.
Active in his community, James has held many leadership and founding positions in socially focused non-profit organizations, including being a Co-Founder and Past President of the NAHREP Atlanta chapter, founding member of the Ecuadorian American Chamber of Commerce and the Georgia Hispanic American House of Culture. Active in his community, James supports Habitat for Humanity, American Cancer Society, Catholic Mission of Nuestra Senora de las Americas, where he teaches several classes. James is also heavily involved with the GA Hispanic Chamber of Commerce, The Gwinnett Chamber of Commerce, and the GA Association of Latino Elected Officials.
AMPLE MEDIA
Director, Business Development and Strategy
Email: jaltamirano_amplemedia.com
Cell: 678-641-0746
Teresa is Vice President of Business Development & Cultural Initiatives Prudential Georgia Realty. Teresa is responsible for business development and manages the International and Rental Division of Prudential. She is very involved in corporate marketing of relocation services, group moves and Prudential's affinity programs. She works closely with local companies and corporations, new businesses, emerging technology companies and organizations, which attract talent to the Atlanta area. Teresa works closely with Hispanics helping them achieve the dream of home ownership. She is involved in conducting workshops and seminars that provide education on the home buying and home selling process. Teresa has served as the 2005 Chair of Georgia Hispanic Chamber of Commerce. She is on the NAHREP Atlanta Board, and Metro Atlanta Relocation Council (MARC). She serves on the Gwinnett Chamber of Commerce's Hispanic Advisory Board and is a member of the Georgia Economic Developers Association (GEDA), the Society for Human Resource Organization (SHRM) Atlanta Chapter, and Metro Atlanta Chamber of Commerce.
Teresa is responsible for planning events and Communications for NAHREP Atlanta.
PRUDENTIAL GEORGIA REALTY
Email: tsmith_prudentialgeorgia.com
Phone: 678-352-3339
Cell: 678-576-3501
Jek Jimenez has over 12 years of appraising experience. Founded Accurate Real Estate Appraisals in May of 2000 and now employs 6 residential appraisers throughout the Atlanta Metropolitan Area. Has trained over 20 trainee appraisers, several of them which have gone on to open their own firms. He worked for the Environmental Protection Agency from 1991 to 1998 as an Environmental Engineer. Presently serves on the Board of the National Association of Hispanic Real Estate Professionals. Graduate from Georgia Institute of Technology with a BS in Aerospace Engineering in 1989 and a BS in Civil Engineering in 1992
ACCURATE REAL ESTATE APPRAISALS
Email: areappraisals_bellsouth.net
Phone: 770-248-1550
Cell: 770-355-9624
Josefina received her undergraduate degree in 1993 from The Ohio State University and her JD from Capital University in 1996. She has been a closing attorney for 8 years. Since 2001 she has been with the law firm of O'Kelley & Sorohan LLC, concentrating her practice in residential real estate and became a Member of the firm in 2006. A native Spanish speaker, Josefina has been actively involved in helping the Hispanic population achieve the American dream of homeownership by building a large Hispanic practice for the firm's Gwinnett county location. She currently manages the Alpharetta office for the firm. Among other organizations, Josefina is involved in the Georgia Hispanic Chamber of Commerce, the National Association of Hispanic Real Estate Professionals (NAHREP), the Georgia Real Estate Fraud Prevention and Awareness Coalition (GREFPAC) and the Georgia Real Estate Closing Attorney's Association (GRECAA).
Josefina is responsible for Legislation for NAHREP Atlanta.
O'KELLEY & SOROHAN
Email: jknapp_oslawllc.com
Phone: 770-740-7550
Jeanne Goldie is a nationally recognized expert in the area of affordable housing in the financial services industry. Jeanne is currently the Regional Diverse Segments Manager for Wells Fargo, and has over 15 years of startup and turnaround experience in both the public and private sector. Previously she has worked for Washington Mutual, AIG-United Guaranty, and the Atlanta Housing Authority. She has been recognized by the White House for her work in helping minority and low income families to become homeowners and has also won national awards from HUD and the National Association of Housing and Redevelopment Officials. Jeanne has expertise in HOPE VI redevelopment and Mixed-Income, Mixed-Use community development. Jeanne has been published in national magazines and academic journals including an article on Preserving Affordable Homeownership Opportunities in Rapidly Escalating Real Estate Markets which was published by the American Bar Associations Journal of Housing and Community Development and has been cited in many other articles. Jeanne holds an MS degree in Economic Development from Georgia State and a BBA in Accounting from Emory University.
James Petty, a longtime banking professional, is widely recognized throughout Georgia and the nation for his many efforts and accomplishments in the areas of affordable lending, community outreach, corporate philanthrophy and buyer education. The Mortgage Bankers Association has recognized James Petty for his accomplishments in affordable lending and buyer education. James Petty also serves as chair of the Georgia Housing Allowance. He is a banking and financial specialist, Petty has devoted more than 20 years to assisting communities in developing education platforms, credit rebuilding modules and community stabilization plans. He has developed training modules to help diverse, low and moderate income borrowers utilize resources to become homeowners. Formerly a 40 million dollar Mortgage Originator specializing in first time homebuyers, James Petty was an Assistant Vice President at Homebanc Mortgage Corporation, a Vice President of Community Lending for Vertical Mortgage and is now the South East Vice President for Affordable Lending with Regions Bank. He is a graduate of Morehouse College.
He has received several well noted local and national training certifications with Neighborworks America, Federal Home Loan Corporation, Freddie Mac, Fannie Mae, FHA, and MBAG.
WELLS FARGO HOME MORTGAGE
Regional Diverse Segments Manager-Region 1
Email: jeanne.m.goldie_wellsfargo.com
Phone: 404-493-2689
REGIONS BANK
Vice President
Email: james.petty_regions.com
Phone: 404-277-3953
Business Expertise:
Tony Flores has had a long and distinguished career sales & marketing, healthcare, financial services, economic/business development and government affairs. While carrying out the following responsibilities in the private and public sectors, he has acquired considerable business development expertise related to the research, preparation, design & approval of marketing & ethnic advertising plans, and community outreach strategies:
Educational Background:
US Army Vietnam War era-veteran; Flores holds (2) college degrees: (AAS) Associate Arts & Science in Sales Management, New York City Community College. (BBA) Bachelors in Business Administration: Bernard Baruch College, CUNY.
Tony has completed 70 credits at Georgia State University towards his Masters Degree in Urban Affairs-Community Development. In addition, has taken continued education classes in life insurance, healthcare, real estate, diversity training, health & law enforcement interpreter training, banking & housing, nonprofit leadership development and small business strategic planning.
Business Environment:
Worked or consulted for the following firms: The Coca-Cola Company, Wilkinson Sword, MasterCard- Adelante, Directo Banking Card, NationsBank, Georgia Power Company, State Farm Insurance, BellSouth International, CDC, Morehouse Medical Associates, Grady Health Systems, Georgia Department of Community Health, GA Department of Human Resources, Ideal Medical Center, PC Group- One World Mortgage, Planning Technologies Inc., Atlanta Catholic Schools, Con-Agra, Miller Beer, Café Bustelo, Palmer Candies, Glory Foods, Messe Frankfurt, Plaza Fiesta Mall, Tesoro Payment Solutions, DeKalb Convention & Visitors Bureau, Atlanta Braves, and the US Dept of Commerce for the 2010 Census Count!
RECOUPE CONSULTING GROUP
Email:
tony_recoupenow.com
Phone: 404-641-4081
Cell:
Operations leader, enterprise executive, IT management, manufacturing and distribution marketing, financial leadership, Entrepreneur: all are hallmarks of Daveys career. Among clients, colleagues and team members, Davey is best known for his tireless efforts to maximize organizational efficiency develop strong relationships, breakdown of cultural barriers and empowering others to succeed. Davey also commands English Spanish Portuguese and slowly learning Mandarin.
Currently serving as Vice President of Recoupe, Davey oversees all financial-related business development, throughout the US and Latin America. His natural problem-solving ability has proven invaluable as he expertly manages business integration, financial activities, and legal agreements. Leading with conviction, Davey truly exemplifies the big picture thinker, always having the foresight to see the long-term business, technical and financial implications of a plan.
Recoupe serves as an industry Outreach marketing firm and continues to provide the best possible online application for the "Complete Centralization of Your Real Estate Information".
Prior to Recoupe, Davey served as Managing Broker of Serrano Commercial Partners, overseeing all commercial brokerage activities, Real Estate investor relations and management consulting throughout the US and Latin America for over 8 years.
Prior to Serrano Commercial Partners, Davey was Senior Manager at BIG 4 consulting firms and held multiple Finance related management positions for 14 years at Baxter Healthcare International. Davey was the Integration Manager of Finance and Systems at Baxter International, travelled and worked in 24 countries while living in 13 of those for 6 months or more where he led on-site manufacturing, new acquisitions, finance and systems integrations, distribution and installations across the globe, including South and Latin America, the US, and Australasia. Davey was also responsible for building global channel networks, and providing financial leadership and risk/reward analysis.
Davey earned his Bachelor of Business Administration degree in Accounting from the University of Puerto Rico. Owns a Commercial Real Estate Brokerage, a licensed Commercial and Residential Mortgage Broker (license inactive) and held several enterprises. Davey and his family reside in Sandy Springs, GA.
Organization Participation: Board Member of NAHREP (National Assoc Hispanic Real Estate Professionals) Member, GA Hispanic Chamber of Commerce - Member, Atlanta Commercial Board of Realtors -Past President, Business Network International, The Vine Chapter Junior Achievements Hispanic Advisory Mentor, Mercer International School of Business - Community Improvement Districts President of HOA
Specialties: Global Expertise; Industry Outreach; Strategic & Tactical Planning; Market Development; Fiscal Leadership/Finance; Revenue Generation; Spanish/English/Portuguese
Business Environment: Davey formed mortgage, real estate and management consulting businesses, worked and consulted for multiple investor groups, Big 4 consulting, Sales & Marketing, Integration lead for finance and systems, managing twelve countries within a $1B region.
Industries include: Real Estate, Finance and Banking, BIG 4 Management Consulting, Healthcare and Medical Device and manufacturing.
Companies include: REcoupe, Serrano Commercial Partners, PriceWaterhouseCoopers, Ernst & Young, Baxter Healthcare and Bard Cardiosurgery.
SERRANO COMMERCIAL PARTNERS
daveyserrano_gmail.com
Phone:
Cell: 770-329-9300
The NAHREP Atlanta Chapter Board of Directors and members would like to say thank you to our sponsors who generously supported our industry with their investment and their time. These companies understand the importance of our association, it's function and our determination to shape out an industry that meets the needs, empowers and educates real estate professionals and consumers.
Mortgage Options Examine mortgage options from Bank of America and find the one that's right for you. Whether you're buying your first house, or you're a seasoned homeowner we offer mortgage loans to fit your needs. Prequalify online today and enjoy: Custom rates and pricing Expert advice to complete your application A quick, simple online process No matter what kind of mortgage you're interested in, you'll enjoy expert home-buying advice from the bank you trust, Bank of America. Let us help you find the right mortgage today.
Whether you're buying or refinancing, Wells Fargo Home Mortgage has tailored financing solutions to support your unique needs. Financing is also available for military personnel and veterans.
O'Kelley & Sorohan, Attorneys at Law, LLC specializes in residential real estate closings including: home loan closings, refinance closings, relocation closing services, real estate contract review and title insurance matters. We also provide all these services in Spanish to serve our ever growing Spanish market.
Prudential Georgia Realty makes it easy to find your new home in the Georgia real estate market. Our powerful search tools are fed by all multiple listing services in metro Atlanta and North Georgia so you can search ALL properties available.
Whether you're looking for Atlanta luxury new homes or a second home or investment property, our online search tools provide the information you need at your finger tips. No matter what type of property you are looking for in Atlanta real estate, Prudential Georgia Realty helps you locate the ideal commercial real estate, foreclosure, bank-owned, REO, second home, investment property, luxury home or Atlanta new home.
As direct correspondents to more than 100 national mortgage loan investor sources, Vista Lending Group has access to just about any residential loan program available in the marketplace. Vista Lending Group offers a complete selection of products including jumbo, conforming fixed rate, adjustable rate mortgages and many other innovative mortgage solutions.
Regions operates each day with a simple yet powerful mission: to make life better. And, in these challenging economic times, that's a goal requiring more than just good intentions. It takes cooperation, commitment and hard work.
Most importantly, you have to believe. Believe that even in the face of adversity, our communities can grow stronger and healthier. Believe that homeownership, education and volunteering are all investments that will pay off for generations to come.
That's why Regions is proud of our efforts to strengthen our communities. A few of the individuals and organizations weve had the privilege to work with along the way are featured in this years Social Responsibility Report. We hope their stories will inspire you to believe that each of us has the power to change minds, change lives and maybe even change the world.
For more than two centuries CHASE has built a legacy on having a fortress balance sheet, managing risk, providing innovative solutions, employing the best people in the business, and doing the right thing for our clients and the communities we serve.
Our commercial bank serves more than 24,000 clients nationally, including corporations, municipalities, financial institutions and not-for-profit entities, with annual revenue generally ranging from $10 million to $2 billion, and nearly 35,000 real estate investors/owners. Our clients benefit from the more than 5,000 CHASE Commercial Banking professionals who deliver extensive industry knowledge, local expertise and dedicated service.
By working with our colleagues across CHASE and J.P. Morgan, we can provide you with comprehensive solutions, including lending, treasury services, investment banking and asset management to meet your domestic and international financial needs.
As a CHASE Commercial Banking client, you will find that our history, performance and people set us apart and demonstrate our long-term commitment and ability to help you achieve your operational and strategic goals.
Synovus is a financial services company with more than $29 billion in assets based in Columbus, Georgia. Synovus' bank divisions provide commercial and retail banking, investment and mortgage services to customers in Georgia, Alabama, South Carolina, Florida and Tennessee.
The companys culture is based on a strong emphasis on valuing people, doing the right thing and treating others with respect. That foundation and value system generate strength, stability and enduring success for team members, customers, shareholders and communities around the world.
SunTrust Mortgage, Inc. is a wholly-owned subsidiary of SunTrust Bank ---a $170.8 billion institution operating in Virginia, the District of Columbia, Maryland, North Carolina, South Carolina, Georgia, Alabama, Tennessee and Florida. Currently, SunTrust Mortgage, Inc. originates loans through locations in SunTrust markets and adjacent states, and we maintain strong correspondent and broker relationships in 49 states We also service mortgage loans in 49 states and the District of Columbia.
The Brand Bank was chartered in 1905, after county officials told E.M. Brand that he could no longer loan money on the courthouse steps. He did not move far. He built his bank on the courthouse square. At over a century of service, we are proud to say we are the oldest locally owned bank in Gwinnett, combining old-fashioned personal service with the benefits of modern technology. With employees who live in or are native to the area, we boast a very stable staff. Our employees are encouraged to participate in community service and activities.
We appreciate your business and look forward to handling all your financial needs.
Homestar Financial Corporation is a full service mortgage lender providing residential mortgages services.
Agent - A person acting on behalf of another, called the principal.
Appraisal - An expert judgment or estimate of the quality or value of real estate as of a given date.
Assessed Value - The valuation placed upon property by a public tax assessor as the basis for taxes.
Bill of Sale - An instrument which transfers title to personal property (chattels); a "Deed" transfers'' real property.
CC& R''s: Covenants, conditions and restrictions - A document that controls the use, requirements and restrictions of a property.
Certificate of Reasonable Value (CRV) - A document that establishes the maximum value and loan amount for a VA guaranteed mortgage.
Certificate of Title - A document signed by a title examiner or attorney stating that the seller has a good marketable and insurable title.
Closing Statement (Settlement) - The computation of financial adjustments between buyer and seller as of the day of closing a sale to determine the net amount of money which buyer must pay to seller to complete purchase of the real estate and seller''s net proceeds. Also, "settlement sheets," "HUD-1."
Commission - Payment to a real estate broker for services performed.
Condominium - A form of real estate ownership where the owner receives title to a particular unit and has a proportionate interest in certain common areas. The unit itself is generally a separately owned space whose interior surfaces (walls, floors and ceilings) serve as its boundaries.
Contingency - A condition that must be satisfied before a contract is binding. For instance, a sales agreement may be contingent upon the buyer obtaining financing.
Deed - A formal written instrument by which title to real property is transferred from one owner to another. Also, "conveyance".
Deed of Trust - Like a mortgage, a security instrument whereby real property is given as security for a debt. However, in a deed of trust there are three parties to the instrument; the borrower, the trustee, and the lender (or beneficiary).
Due-On-Sale Clause - An acceleration clause that requires full payment of a mortgage or deed of trust when the secured property changes ownership.
Earnest Money - The portion of the down payment delivered to the seller or escrow agent by the purchaser with a written offer as evidence of good faith.
Equity - The interest or value which owner has in real estate over and above the debts against it. (Sales Price - Mortgage Balance - Equity).
Escrow - A procedure in which a third party acts as a stakeholder for both the buyer and the seller, carrying out both parties'' instructions and assumes responsibility for handling all of the paperwork and distribution of funds.
Federal National Mortgage Association (FNMA) - Popularly known as Fannie Mae. A privately owned corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by the VA, as well as conventional home mortgages.
Fee Simple - An estate in which the owner has unrestricted power to dispose of the property as he wishes, including leaving by will or inheritance. It is the greatest interest a person can have in real estate.
Fixture - What was formerly personal property, which is now permanently attached to real property and goes with the property when it is sold.
Graduated Payment Mortgage - A residential mortgage with monthly payments that start at a low level and increase at a predetermined rate.
Hazard Insurance - Protects against damages caused to property by fire, windstorms, and other common hazards.
Home Inspection Report - A qualified inspector''s report on a property''s overall condition. The report usually includes an evaluation of both the structure and mechanical systems.
Home Warranty Plan - Protection against failure of mechanical systems within the property. Usually includes plumbing, electrical, heating systems and installed appliances.
Joint Tenancy - An equal undivided ownership of property by two or more persons. Upon the death of any owner, the survivors take the decedent''s interest in the property.
Lien - A legal hold or claim on property as security for a debt or charge.
Listing Contract - Between a home owner (as principal) and a licensed real estate broker (as agent) by which the broker is employed to market the real estate within a given time for which service the owner agrees to pay a commission. Also, "listing agreement".
Loan Commitment - A written promise to make a loan for a specified amount on specified terms.
Loan-To-Value Ratio - The relationship between the amount of the mortgage and the appraised value of the property, expressed as a percentage of the appraised value.
Market Value - The highest price which a buyer, ready, willing and able but not compelled to buy, would pay, and the lowest price a seller, ready, willing and able but, not compelled to sell, would accept. Basis for "listing price'', or "asking price".
Mortgage - A lien or claim against real property given by the buyer to the lender as security for money borrowed.
Mortgage Life Insurance - A type of term life insurance often bought by mortgagors. The coverage decreases as the mortgage balance declines. If the borrower dies while the policy is in force, the debt is automatically covered by insurance proceeds.
Mortgage Note - A written agreement to repay a loan. The agreement is secured by a mortgage, serves as proof of indebtedness, and states the manner in which it shall be paid. Also, "deed of trust note."
Negative Amortization - Negative amortization occurs when monthly payments fail to cover the interest cost. The interest that isn''t covered is added to the unpaid principal balance, which means that even after several payments you could owe more than you did at the beginning of the loan. Negative amortization can occur when an ARM has a payment cap that results in monthly payments that aren''t high enough to cover the interest.
Origination Fee - A fee or charge for work involved in evaluating, preparing, and submitting a proposed mortgage loan. The fee is limited to 1 percent of FHA and VA loans.
PITI - Principal, interest, taxes and insurance.
Planned Unit Development (PUD) - A zoning designation for property developed at the same or slightly greater overall density than conventional development, sometimes with improvements clustered between open, common areas. Uses may be residential, commercial or industrial.
Point - An amount equal to 1 percent of the principal amount of the investment or note. The lender assesses loan discount points at closing to increase the yield on the mortgage to a position competitive with other types of investments.
Prepayment Penalty - A fee charged to a mortgagor who pays a loan before it is due. Not allowed for FHA or VA loans.
