Buying 
There are currently 20 blog entries related to this category.
Metro Atlanta Luxury Short Sales
Saturday, January 14th, 2012 at 5:11pm. 158 Views, 0 Comments.
A quick look at the short sale market reveals there are several homes in the $1,000,000 plus price range currently listed as potential short sales. From Luxury Estates to Penthouse Condominiums -- there's a little something for everyone. And an excellent opportunity for buyers to negotiate deep, deep discounts on preforeclosure listings.
#atlanta-luxury-short-sales#
Atlanta Real Estate Makes Forbes "Best Buy" List
Tuesday, June 30th, 2009 at 5:41pm. 464 Views, 0 Comments.
Forbes recently did a market study of the "Best Cities to Buy A Home" and Atlanta ranked #13 on the list.
To determine which cities showcase the best real estate deals, Forbes examined three relevant sets of data from the March 2009 RPX Monthly Housing Market Report. The Housing Report examines key market data in 25 of the countries most populous metropolitan statistical areas (MSAs).
How Was It Done?
The first step was done by looking at the number of ZIP codes where a quarter (25%) of the areas sales occured. This helped to determine whether sales are evenly distributed across the Metro area or simply confined to a dense geographic area. The more even the distribution of sales across the market, the better.
What they did next was…
As Seen on TV
Thursday, June 11th, 2009 at 9:06pm. 426 Views, 0 Comments.
- Albert Einstein
Predictions, Predictions, Predictions. Isn't that what got us into this mess in the first place?
First Time Buyer $8000 Credit
Wednesday, May 13th, 2009 at 10:22am. 349 Views, 0 Comments.
Buying Your First Atlanta Home?
Well...if you're not...maybe you should be. Not only are mortgage rates at an all time low...homes are, in many cases, being sold for 2002/2003 prices. Oh...and let's not forget about FREE MONEY....up to $8,000 from the Federal Government and up to an additional $1,800 from the recently signed Georgia House Bill 261.
That's a tax credit up to $9,800 if you're an Atlanta first time buyer. Just might be the smartest move you make this year...or any year for that matter.
Predictably Irrational
Friday, January 2nd, 2009 at 6:00pm. 442 Views, 0 Comments.
I just finished reading a book called "Predictably Irrational", by Don Ariely. In it, the insightful Duke Univerysity professor unveils the hidden, irrational forces that shape our daily decision making. It's a great read
There are a few interesting case studies in this book that can be applied to real estate marketing and negotiations. Specifically, Chapter Seven (The High Price of Ownership) covers what is commonly referred to as "The "endowment effect". Simply put, "the endowment effect" means that when we own something, we begin to value it more than other people do.
The High Price of Real Estate Ownership
There are three fundamental "quirks" of human nature as it applies to real estate:
- We fall in love with what we already have. …
Short On Cash?
Saturday, December 6th, 2008 at 12:34am. 400 Views, 0 Comments.
Ask the Seller to Pay Closing Costs
One way to help minimize up-front expenses when purchasing Atlanta Real Estate is to request the seller to pay some (or all) of your "closing costs". If the seller is unwiling, one alternative is to do what is called "rolling" closing costs. In this scenario, you pay a higher a sales price for the home but the seller contributes the difference you pay by picking up the tab for your closing fees.
A good example of this would be if you needed $5,000 in closing costs for your $250,000 home, you could raise the price to $255,000 - assuming the property will appraise for that value and your lender approves it...you then have the seller use the extra $5,000 to pay your cost to close the transaction.
If your short on…
Why Now is the Time to be Greedy...
Sunday, October 26th, 2008 at 12:12pm. 474 Views, 0 Comments.
- Warren Buffet (world's richest man)
The question you have to ask yourself, as a Buyer in this current real estate market, is whether you want to get a great deal badly enough to take action in what can appear, on the surface, to be a very chaotic and scary marketplace.
Look, I'm not saying it's right for everyone but Buyers who understand the dynamics of supply and demand economics also understand there has not been a better time to buy real estate (or stocks in well run companies, for that matter) in our lifetime. It takes courage to take actions when most investors are running for the hills but I guarantee if you make smart decisions with your money now you'll come out…
Market Update - The Importance of Being Informed
Friday, August 15th, 2008 at 8:49am. 411 Views, 0 Comments.
If you don't know what's going on in the market...how are you supposed to know how to take advantage of it?
First Time Buyer Tax Break
Monday, August 4th, 2008 at 5:53pm. 500 Views, 0 Comments.
$7500 Tax Credit to 1st Time Buyers
You can read all about it here.
And don't forget to check into FAQ #16 while you're there. This tax credit has to be paid back when you sell the house or 15 years after collection - whichever comes first.
Nothing in life is free.
A Recipe For Successful Buying
Friday, June 6th, 2008 at 6:23pm. 371 Views, 0 Comments.
Now I understand it's a tough market and a Seller should be happy to even get an offer (let alone getting within 3% of their bottom line) - but it seems to me these Buyers simply don't know how to effectively negotiate.
Here's a helpful hint for Buyers negotiating in this market:
SELLERS LOVE CAKE.
Let me explain...
If someone offers you a piece of cake, most likely you'll refuse it, right? If, on the other hand, someone just sets a…