770-354-0243

fax 770-783-8896 / Email Me

Buyer Tips Category

New Homes for Sale In East Cobb

New homes are really a hot commodity now, especially in areas like East Cobb where there is not much land left to build on.  I just love the way a new home smells, feels and looks!  There is something really special about being the first owner.  Prices are good too on them, the builders reduce pretty quickly at the end of a build out, so if you are thinking new in East Cobb, take a look below.  Also if there are other areas you are interested in–give me a call or email me and I will be happy to send you a list of new homes in the areas and price range you are interested!

 
$2,499,000
Beds: 6
Baths: 6 | 1
Sq. Ft.: 8,660
 
$2,400,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 7,500
 
$1,950,000
Beds: 6
Baths: 5 | 2
Sq. Ft.: 5,559
 
$1,899,900
Beds: 7
Baths: 7 | 1
Sq. Ft.: 8,000
 
$1,650,000
Beds: 6
Baths: 6 | 2
Sq. Ft.: 9,214
 
$1,375,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 5,167
 
Open House: Jan 21, 2018 2:00 PM - 5:00 PM
109 Dickerson Road, Marietta, GA 30067
$1,365,000
Beds: 5
Baths: 5 | 2
Sq. Ft.: 5,302
 
$1,349,900
Beds: 6
Baths: 6 | 1
Sq. Ft.: 7,800
 
$1,299,900
Beds: 5
Baths: 5 | 1
Sq. Ft.: N/A
 
$1,299,800
Beds: 6
Baths: 6 | 1
Sq. Ft.: 7,846
 
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. © 2018 First Multiple Listing Service, Inc.
FMLS data last updated at January 20, 2018 5:11 AM ET

Foreclosures are not always the best deal in Atlanta

Many buyers want to look at foreclosures because they think that they will get a great deal.  Well….maybe, but most likely no.  Why?  Values in Atlanta have dropped 30% or more in the last few years and many say we are at 1999 values.  Foreclosures and traditional real estate are really around the same pricing schedule.  Foreclosures are distressed properties and have not been maintained, they often require repairs and cosmetic updating.   After you make the repairs and bring the home up to date you will be at the level of a home in good condition in the traditional real estate market.  Sometimes you may be ahead and very often not.  Investors who are builders and or contractors can make some money but they also repair below retail value and they only buy properties where they know that the can make a profit, or hold as a rental property.  For the average buyer, it is often a better idea to buy a home that has been properly maintained and in good condition.  It could save years of headache and money and you look back and you think that your great deal is not so great as time passes by.

Happy 4th of July!

Inventory Levels Down 50% from Last Year at This Time

We have a sellers market in certain parts of Atlanta.  Buckhead, Walton High School District in East Cobb and Johns Creek.  If you have a house to sell in these areas call me today! We need your house to sell.  We have active buyers today that cannot find what they are looking for and we are seeking homes that are not on the market right now but are thinking of selling!  Call me today to discuss getting your home SOLD!  770-354-0243

Foreclosures are not always the best deal

Many buyers start out on there search, and they say to me…..I want to buy a foreclosure.  I understand that there is a perception that there are great deals on foreclosures.  Actually that may not always be the case!  Foreclosures are houses that in general have not been maintained, and have often been sitting for a long time before the bank actually gets it up on the market.  There can often be so many problems with the house, and the amount of work needed may not be worth it.  Values are down 30% or more and traditional real estate is included in this mix. People often mistake the “value” on Zillow and other sites as being accurate.  The home’s value is only what a buyer is willing to pay and  a seller is willing to accept.

Because overall values have declined, many traditional real estate homes on the market are very close in price to the foreclosure down the street and are very often “move in” ready.  So, the answer is Yes there are some foreclosure deals, but I think many times the traditional real estate deal is the best one as far as condition and value.

Call me today at 770-354-0243 to discuss your next purchase and we can talk about the prices and values of homes in the Atlanta area that you are interested in living in!

 

Great Secret in the heart of East Cobb

There is a great hike right in the middle of East Cobb off of Lower Roswell Rd across from the Ashforde Subdivision and many people don’t even realize it is there.  Take a look and call me today for other great tips about living in East Cobb! 770-354-0243

 

Sell before buying or buy before selling?

When it comes to buying and selling real estate, timing is of the utmost importance. Unfortunately, it’s also a topic few people truly understand. The following are some tips to keep in mind when making your decision.

Sell before buying or buy before selling? It’s an age-old question, but asking a few strategic questions might enable you to narrow your decision down to the right choice for your individual situation.

Is selling or buying a necessity or do you have some flexibility? Job relocation, change of marital status or other life situations often require a relocation within a specified period of time. Equally important are the needs of the other party. I will work with you to help you understand the opportunities and limitations of both sides in order to create a win-win situation.
Buying before selling typically benefits those who simply must move or relocate within a specified period of time and who are unable or unwilling to lease or rent. It is also a popular option for those seeking an exchange of property under Section 1031 of the U.S. Internal Revenue Code or for those who are attempting to minimize taxation via other deals. Can you obtain financing or afford to carry both mortgages for any period of time? If so, you may have a little more flexibility at your disposal.  We can discuss leaseback or other temporary terms.  It’s often possible to use these when negotiating terms.
Selling before buying can benefit those who are unable to obtain financing with an existing mortgage in place or who wish to use cash proceeds from the prior sale to fund repairs, renovations or an entire purchase.
In many instances, it is possible to arrange a simultaneous closing for both the home purchased and the home sold with contingencies that reflect this situation on both transactions. Call me today at 770-354-0243 to discuss your next move or email me! I look forward to hearing from you!

Get and Appraisal done BEFORE you make an offer?

I have seen many transactions in this market, appraisals have been the “sticking” point in many transactions.  Appraisals have been coming in lower in general  than the  negotiated purchase price and sometimes can kill the deal.

Here is a novel idea, how about if you really want a house and you are interested in the home, go ahead and get an appraisal done before you offer!   This way, you have an idea of what an appraiser’s value is on it, use your lenders appraiser so that it can be used for the loan should you go under contract.   It is still very important to have your agent research the comparables for you as well, this is not a substitute for comps but it will help you really understand the value of the home and where you should come in on your offer.  Also the seller is aware you have had an appraisal and they will more than likely consider your offer more serious if you get in a multiple offer situation.

Call me today at 770-354-0243 or email me  or simply click the search for homes button above to begin your home search today.

 

Buy or rent? Conditions show it’s more favorable to buy!

Somewhere along the way, we were taught, or have the belief that we should make money on our homes.  The bubble of the 2002-2006 is gone and probably we will not see that again. It was driven mostly by the loan market, all you had to do was breathe and you got a loan 🙂  A home is a place to live, you have to pay to live somewhere whether you buy or rent.  In the video below the Smart Money News editor talks about if you are thinking of buying versus renting, take a look at the rental rates in the area you live.  Most areas it is better to buy, and in this Atlanta area and East Cobb this is certainly true.  You will build equity in your home as you pay your mortgage down, but home prices going up substantially is probably not going to happen.  Historically, home prices have gone up the rate of inflation, there are bumps and valleys, but overall since 1890 it has gone up the rate of inflation.  Take a look at the video, and call me  at 770-354-0243 and I will be happy to pull rental rates vs. purchase prices in your area, and discuss with you what is best for you!

Newest on Market in Walton, Pope and Lassiter HS District

Many buyers who are looking for school system come to East Cobb and request these 3 high schools first!  Below are the newest listings that have come on market in the last 4 days.  If you are interested in ANYof these homes, call me today at 770-354-0243 or email me for more information.  If you would like to visit any home, I can help!

 Let’s get started, I am an local expert in East Cobb Real Estate, and I can help you find the perfect home and navigate you through the home buying process!

 
$1,298,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 5,560
 
Open House: Jan 21, 2018 2:00 PM - 5:00 PM
3964 Lower Roswell Road, Marietta, GA 30068
$1,100,000
Beds: 5
Baths: 5 | 1
Sq. Ft.: 4,105
 
$1,095,000
Beds: 6
Baths: 6 | 1
Sq. Ft.: 6,500
 
$1,090,000
Beds: 6
Baths: 6 | 1
Sq. Ft.: 5,130
 
$1,089,000
Beds: 4
Baths: 6 | 1
Sq. Ft.: 5,629
 
$1,088,900
Beds: 5
Baths: 5 | 2
Sq. Ft.: 6,955
 
Open House: Jan 21, 2018 1:00 PM - 3:00 PM
4928 Kentwood Drive, Marietta, GA 30068
$1,000,000
Beds: 5
Baths: 5
Sq. Ft.: 5,144
 
$999,000
Beds: 6
Baths: 5 | 1
Sq. Ft.: 6,346
 
$949,000
Beds: 5
Baths: 5
Sq. Ft.: 5,936
 
$931,985
Beds: 5
Baths: 4
Sq. Ft.: 3,719
 
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. © 2018 First Multiple Listing Service, Inc.
FMLS data last updated at January 20, 2018 5:11 AM ET