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Buyer Tips Category

Don’t be a fool on April Fools this weekend

I am not completely sure how the whole April fools day thing started but I really like playing the joke on someone, I just don’t like the joke played on me!! ūüôā Just kidding. Anyway, there have been some great hoaxes over the years and one of my faovrites was when Taco Bell took out an ad that said to help the national debt they bought the Liberty Bell and were going to call it the Taco Liberty Bell. ¬†Read more in this article ¬†http://www.museumofhoaxes.com/hoax/archive/permalink/taco_liberty_bell

If you are out looking for houses this weekend, give me a call at 770-354-0243, ¬†I can get you information any home listed in Atlanta area and get you in to see it. ¬†And I’ll ¬†even buy you lunch at guess where……Taco Bell ūüôā

 

 

Homes for sale from 200,000 to 400,000 in East Cobb are moving!

What part of the East Cobb Market is moving the best? Home from 200,000-400,000 have over 1/3 of the solds market in East Cobb since the beginning of 2012.¬† So if you are thinking of selling and your home may fall in this price range, call me today at 770-354-0243 or email me and we can discuss what your home might sell for today.¬† If your buying take a look at the list below, or if you’re looking for somthing in a different price range, click on here to begin your search.

 
$400,000
Beds: 5
Baths: 3 | 1
Sq. Ft.: 4,269
 
$400,000
Beds: 4
Baths: 3 | 1
Sq. Ft.: 3,734
 
$400,000
Beds: 4
Baths: 3
Sq. Ft.: 2,450
 
$400,000
Beds: 4
Baths: 3
Sq. Ft.: 2,234
 
$400,000
Beds: 3
Baths: 2
Sq. Ft.: 2,411
 
$400,000
Beds: 3
Baths: 2 | 1
Sq. Ft.: N/A
 
$399,900
Beds: 5
Baths: 3 | 1
Sq. Ft.: 3,416
 
$399,900
Beds: 4
Baths: 2 | 1
Sq. Ft.: 3,049
 
$399,900
Beds: 4
Baths: 2 | 1
Sq. Ft.: 4,082
 
$399,800
Beds: 4
Baths: 2 | 1
Sq. Ft.: 2,618
 
Information Deemed Reliable But Not Guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc.
FMLS data last updated at September 19, 2017 9:43 AM ET

 

Lease Purchase Can Be A Good Strategy

What exactly is a lease purchase and how can it help me as a seller or buyer? 

A lease purchase agreement is an agreement where the buyer is buying the property and he also is leasing it until the close date in which is agreed on by the parties.

This arrangement can benefit both parties if it is done right.  The best contracts are where the term of the lease is short, the lease is no more than 6 months and the circumstances are not necessarily credit related on the part of the buyer.  Other factors keep the buyer from closing now.  For example the buyer has been transferred here and is already working here but their kids are still in school with their spouse and they want to wait until school is out to move their kids.  So the buyer who is already working here and living here is leasing the house until they are ready to move their kids.

Another might be where the buyer has to sell his house first and has a contract but it is not closing for 90 days but the buyer needs to go ahead and move in for job or school or family reasons.

As a seller, it makes your house stand out if you are willing to consider a lease purchase, and if you are a buyer its a great way to go ahead and get the home you want now, but for different reasons need to close 3 to 6 months from now.

It can be a somewhat complicated transaction that is why you need a strong agent  such as myself who understands contracts and can help you with it.  Call me today at 770-354-0243 to learn more how a lease purchase may help you!

Low Ball Offers Rarely Work

This is a great market for buyers there is no question, but a big mistake that buyers make is putting in very low offers.   The problem is that the sellers, including banks usually know what the home is worth.  If they have a good agent, they have pulled the comps, the banks have had an appraisal done and they have a pretty good idea of what they will get for their home.  Along those lines, values have declined, so prices are a good deal just simply because overall there has been a decline in value. Sometimes sellers are a bit unrealistic, but putting in an offer that is just below the values is reality.  Sometimes if it is priced really low there are multiple offers and the seller gets over asking price.  It is important to know if the home is priced right, and to know the data.

Another problem with low balling a seller is that sometimes they will not counter or respond to your offer.  This weakens your negotiating power if you really want the house and you end up going back to them with another offer.

The best thing to do, is to have me as your agent pull the data, help analyze the data, and put in a reasonable offer. ¬†The low balls very rarely get the house. ūüôā

The Short Sale Blues!

da nuh na nuh…..let me tell you a story…da nuh na nuh….about a pretty little house…da nuh na nuh…..had an approved short sale contract on it…a nuh na nuh…all set to close…da nuh na nuh…..all inspections done and loan approved……da nuh na nuh….2 hours before the closing….I said 2 HOURS BEFORE THE CLOSING……da nuh na na….the bank emails the listing agent and says…..so sorry…da nuh na nuh….this house cannot be sold…..da nuh na….the seller declared bankruptcy after the short sale was approved…..da nah nuh na…..everyone’s a crying…..speechless..da nuh na na …..they all have the short sale blues….the buyers don’t have house…..da nah na na nuh….the agents don’t get paid….da nuh na na and the seller has no sale.

The moral of the song, you have to be aware that when you buy distressed property there is more risk than traditional real estate  transactions.

As a buyer understand there are 3 categories of real estate out there right now, Traditional Real Estate, Short Sales and Foreclosures.   I can help you through the murky waters of buying distressed properties, they can be a great deal, just understand what you are entering into when you decide to purchase these homes.

Call me today at 770-354-0243 or email me and I will be happy to go over the benefits and drawbacks of purchasing distressed homes! ¬†I don’t want YOU to get the short sale OR foreclosure blues!!

Tired of long commutes? Move to Collins Lake!

Estates of Collins Lake neighborhood in Mableton is very desireable and homes don’t go on the market often in here. People buy in here and they stay! ¬†The location is amazing! ¬†It is close to downtown, Buckhead and Concert and Sporting Venues only 15 to 20 minutes. ¬†Also very close to Silver Comet trail, which is very popular walking, running and biking trail that goes all the way to ¬†Alabama/Georgia state line.

This new listing located at 4978 Collins Lake Way is a 6 bedroom, 5 bath 3 sides brick beauty offered at $475,000.  It is absolutely immaculate!  The sellers loss is your gain, they paid 568,000 for the home and have added well over 50,000 in improvements including a level  fenced back yard, custom built brick wall and fire pit.  There is a community lake for fishing and a pretty little stream that runs behind the house.  There is also a community pool and clubhouse.  You really need to see the virtual tour- click here. Call me today  at 770-354-0243 for a personal showing of this gem of a home.  It  truly stands out above the rest!

Rory Cool to the Finish!

If your a golfer, you probably watched the Honda Classic on Sunday and saw the new superstar of golf Rory McIlroy win and is now the number one player in the world.

He was cool and confident until the end and did not celebrate too early. I admire that.

In real estate, you are not sold, or own ¬†a home until we have all signatures and money changes hands at the closing table. ¬†There are actually 100 steps to sold! ¬†It is important to have an agent who understands all the details that have to happen to get you to the closing table successfully. ¬†I am that agent! ¬†Our job is to make the process as cool and calm as possible. ¬†Like pro Golf with pressure in the game… there is pressure and it can be stressful when purchasing or selling a home, there are lots of emotions in the process.

I am here for you to help make your transaction as smooth and stress free as possible, and we will celebrate at the end when you have your check from your sale ¬†or keys in your hand from your purchase! Call me today at 770-354-0243 or email me at [email protected] to help you be # 1 in your real estate transaction.

Great deals on homes now priced under 750K in East Cobb

Want some of the best deals out there? Well if you are in the luxury high end market and searching for a home, here is a list of homes that are now selling for 750K or under in East Cobb.  Some of these homes were worth 850k or more a few years ago.  What a deal and great location!  Give me a call if you would like to visit any of these or have questions on them!

 
$750,000
Beds: 6
Baths: 5 | 1
Sq. Ft.: 7,148
 
$750,000
Beds: 4
Baths: 3 | 1
Sq. Ft.: 4,419
 
$750,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 4,500
 
$749,900
Beds: 6
Baths: 5 | 2
Sq. Ft.: 5,975
 
$749,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 4,552
 
$749,000
Beds: 7
Baths: 5 | 1
Sq. Ft.: 5,253
 
$740,000
Beds: 4
Baths: 3 | 1
Sq. Ft.: 5,228
 
$735,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 5,143
 
$735,000
Beds: 6
Baths: 5
Sq. Ft.: 5,553
 
$729,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 4,277
 
Information Deemed Reliable But Not Guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc.
FMLS data last updated at September 19, 2017 9:43 AM ET

Buyers–5 to do’s when you do your due diligence!

So you have found the home of your dreams, you are all excited, you ¬†all worked ¬†it out with the sellers and now you have a contract. ¬†It is imperative to do your due diligence during the period of the contract called “due diligence” ¬† Typically this time period runs from 10 – 14 days, depending on what was negotiated in the contract.

This is your time as a buyer to check this home out and find out everything you can about it and the neighborhood

1. Get a home inspection,  this is a must, and be present for the inspection so that you can ask questions and observe what the inspector is seeing.  Get an inspector that is ASHI (American Society of Home Inspectors) ceritfied.    Read more here about what to ask a home inspector

2. Get a survey, you are buying an home but you are also buying real estate.  Lenders no longer require surveys for the home but it is a very good idea to have a survey done so that you know what you are buying.  You want to make sure there are no encroachments or easements on the property or there may be part of it in a flood zone, you need to be aware of what you are buying.  It is better to get your own then just use the one that the sellers has, you need an up to date survey.

3.  Check out the schools if you have kids, not just on the internet, but if you have kids entering the school, make an appointment and visit the school.

4. Go to the neighborhood at different times of the day, talk to the neighbors, visit the pool or clubhouse or playground, you will  find out so much about the community that way.

5. Get your termite inspection and if you want to, get Radon testing as well. Learn more about Radon Gas at http://www.epa.gov/radon/

Call me today at 770-354-0243  or start your search here today!

 

 

 

 

 

 

Caddy to Close

Just as in Golf, you need someone by you when the pressure is on to make the right decisions for you to get to the 18th hole (the closing table) a winner!  Bill Haas yesterday in the Northern Trust, kept it cool and calm and came out the winner, with the last shot being one of the best of the day!

It’s so interesting to me how during a professional golf tournament the players who have been cool the entire time, start falling apart at the end of the final round, especially if they are contending for first place. And who is there for them to help them see the situation from a clearer perspective, of course their Caddy!

Whether you are buying a home for the first time or selling your current home and buying another one, I will be there for you, giving you the information you need, the other set of “eyes” if you will for a winner of a transaction.

Call me today at 770-354-0243 or email me to discuss how I can be your Caddy to Close ¬†for your next real estate transaction! ūüôā