Atlanta Real Estate News

Kennesaw Real Estate, Kennesaw Homes for SaleRecently there have been a lot of people in the greater Atlanta area, particularly in communities like Kennesaw who have been considering the ‘lease purchase’ option when trying to sell their home. The Atlanta rental market is booming lately especially in areas like Kennesaw where there are many student adults from schools like Life University, Kennesaw State University and Southern Polytech nearby. While it is true that the ‘lease purchase’ option is quite popular in the Atlanta area, there are a few things you should consider first.

A lease purchase, or rent-to-own, option is simply a written contract that allows you to purchase a piece of real estate over an extended period of time. The contract can range in length but typically isn’t more than 36

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Cherokee County Homes for Sale, Cherokee County Real EstateIf you have found a beautiful Cherokee County home for sale that you believe could be your next home, then one of the first things you will want to do is to make sure you get a proper inspection. The inspection process can seem daunting and rather complex, but it is important if you are looking to make sure you make a good investment. You of course will want to call in a professional home inspection expert when you are thinking of buying this Cherokee County property, but you should also do your own ‘pre-inspection’ of any home for sale that you are considering.

As you walk through the home make sure you pay attention to the details. Check the entire house, look inside all of the cabinets and closets and if you are able to check in the crawl space. The

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Marietta Real Estate, Marietta Homes for SaleThe area of Marietta has been growing in leaps and bounds lately, and there have been a number of new housing developments being built all over the greater Marietta area from right along Cobb Parkway to down by the square. From town home communities to single family home developments there are all types of opportunities available to buy new pieces of real estate in Marietta. This brings up a very common question that often arises when buyers look to buy new real estate; “do you need a realtor when buying new?”

When buying a new home you do have the opportunity to speak with the builder or the builder’s agent in order to close the deal. Many people think by closing in this manner they can save on realtor commission rates. However, the truth of the matter

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Atlanta Real Estate: Rebounding After the Free Fall
by Melissa Anne Wuske

After the depths of recession of the bursting of the proverbial housing bubble, where does the market for Atlanta homes stand? While consumers are eyeing the Atlanta real estate market with a mix of caution and confusion, professionals across the industry look at the challenges with a decided tinge of optimism.

“The Atlanta real estate market is in a state of flux,” says Ted Anglyn, President of Anglyn Property Advisors in Roswell, GA.

On the residential side, there good news about Atlanta homes. “All signs are that the residential real estate market has stabilized in Metro Atlanta,” says Vicky Thompson, CEO/President of Valuation Management Group. “The inventory of homes for

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Cobb County Real Estate, Cobb County Short Sales, Cobb County Homes for SaleIf you have been trying to navigate the current Cobb County real estate market and are considering investing in either a foreclosure or a short sale, then you may run into some confusion while attempting to secure this type of deal. The first thing to keep in mind if you are turning to a short sale is they are typically more confusing than investing in a foreclosure. There are often more issues, and they usually take a longer time to close on.

However, this doesn’t mean that completing this transaction is not possible or that you should give up on a short sale, because it can be an excellent way to strike a truly fantastic deal. There are lots of great short sales in the Cobb County real estate market and a lot of fantastic opportunities to get homes at

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A Shift in Mindset for Buyers

The Atlanta real estate market over the past few years has been pretty friendly for buyers. With massive amounts of inventory to choose from, historically low interest rates, and desperate banks and sellers practically giving their listings away, we have had many buyers walking around with big smiles on their faces. For the last 4-5 years, all we have heard is "Buyer's Market". Buyers have been making the rules, setting prices, and getting great deals.

Now, the market has shifted again, and some buyers are not smiling any more. Inventory has been reduced significantly, and homes are selling faster than they have in years. This is a classic case of supply versus demand. This also means there is somewhat of a cat fight for

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1. Don’t change jobs or become self-employed.

2. Don’t buy a car, truck or van unless you plan to live in it.

3. Don’t use your credit cards or let your payments fall behind.

4. Don’t spend the money you have saved for your down payment.

5. Don’t buy furniture before you buy your house.

6. Don’t originate any new inquiries on your credit report.

7. Don’t make any large deposits into your bank account.

8. Don’t change bank accounts.

9. Don’t co-sign for anyone.

10. Don’t purchase anything until after the closing.

If you are in the need of a lender, please let us know. Our lender referrals are the best in the business!

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The Atlanta Real Estate Market Today – June 2012

Atlanta Real Estate,atlanta homesThe past several years in Atlanta Real Estate have been turbulent to say to say the least. We have experienced an influx of foreclosures and short sales, homes being on the market for extended periods of time, and homes selling for drastically less than asking price. Well, all that has changed. Er, most of that has changed. We still have an abundance of short sales and foreclosures – and will for the foreseeable future – but homes sitting on the market and selling for way less than asking price? Not so much!

It has been a long time since I was faced with multiple-offer situations on properties. Now I experience them weekly. More than 50% of the contracts I write are going into multiple offer situations,

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tax__house_400Georgia recently passed “The Property Tax Assessment and Appeals Reform Bill” (Senate Bill 346) on June 7, 2010.
 
Highlights include:

1. Every property owner will receive an Annual Notice of Assessment and the right to appeal;
2. Every Notice of Assessment must contain the estimated property tax (in dollars);
3. Appeal period has been extended to 45 days;
4. Alternative streamlined appeal option for properties valued over $1,000,000;
5. Automatic taxpayer victory on appeals when government fails to respond within 45 days;
6. Requirement that all relevant sales, including distress sales, be included when determining Fair Market Value (FMV);
7. Requirement that only “current use of property” be used in determining FMV;
8. Taxpayer must be given access to all data

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Roswell GA Home For Sale - 570 Willeo RoadAmazing renovation in awesome Roswell location! Move right in to this fabulous 4-bedroom, 3-bath home. Everything has been redone in this home! Gorgeous kitchen features new cabinets, Silestone counters, stainless steel appliances, breakfast bar, and eat-in breakfast area. The separate formal dining room opens up from the kitchen and leads into the perfectly staged family room. Lots of windows let the natural light in! Decorator colors throughout!

Upstairs, you will find the Master bedroom featuring 2 closets and totally renovated bathroom. Gorgeous tile in the shower and Silestone counters along with new fixtures give this bathroom a classy look and feel. Secondary bedrooms are generously sized and provide ample closet space! Hall bathroom is also

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