Homes by Mila

11/03/2021

Nov 2021
Zillow is shutting down its iBuyer program (Zillow Offers), according to a recent inman news article. This change will reduce Zillow’s workforce by approximately 25% and is expected to take several quarters. Attached is a copy of the article.

“Our observed error rate has been far more volatile than we thought possible…fundamentally, we have been unable to predict future pricing of homes to a level of accuracy that makes this a safe business to be in.”
Zillow Co-Founder & CEO, Rich Barton

Barton expressed that their iBuyer program was most attractive to Zillow on a very large scale, but this scale would simply require too much equity capital, and the program was not helping their brand image. “…it put Zillow in a position of having to negotiate with consumers for their most emotionally and financially valuable asset, only to have 90 percent of them go do something else, some of them pretty miffed about the brand”, Barton expressed.

09/02/2021

👆🏻🚨🏠 Recap of FEMA flood coverage changes 2021: ..there will be very little rate change for the vast majority of current FEMA flood insurance holders. Luxury/more expensive homes will see the biggest increases, however. This is because, in the past, FEMA has limited coverage to $250K on a dwelling regardless of home value. So a $1,000,000 home AND a $250,000 home both could have the same $250K max coverage. 🚨🚨If a claim occurs, the $250,000 home may use $75k of that coverage amount while the one million dollar home is likely to use the full $250k in coverage.

What is not changing is who “needs” flood insurance. Buyers should consult with their lender to confirm if the property will require flood insurance. Private flood insurance is an option when the buyer is obtaining a conventional loan and can be significantly less (even up to 75% less!) than FEMA flood insurance.

07/03/2021

New Snellville addition is coming fall 2022

Libraries are for more than just checking out books nowadays.

07/10/2020

UNDER CONTRACT!

02/16/2020

Before you hit the road to search for your new home : must have to make an offers ☝🏻

02/13/2020

❤️

02/10/2020

Grayson GA $1200/mo
RANCH FOR RENT 3 bdr/2 baths, 1300 sq ft, no steps, family room, all hardwood floor,dishwasher, stove and microwave are provided, private backyard with shed for garden tool and storage, garage closed as storage/utilities room, bring your own refrigerator, Gwinnett district schools, large leveled lot .5 acre, excellent location close to Athens Hwy.
Owner accepting applications, check availability or any questions please text to ‪678-863-1409‬, also text your email address to get application