Atlanta In The Know

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How to sell your home in 30 days or less

Categories: Atlanta Real Estate News

YES, it is possible to sell your home in 30 days, even in a Buyers Market! And I am going to share with you how to do it…

• Price it right - Consult with your Realtor - Realtors have the most information, ie Market Statistics (Sold Properties, Pendings, Expireds, Actives, absorption rates). This information is a powerful tool. When pricing a property, it must be within 5% of what BUYERS perceive its value to be. If it is overpriced, you may have Lookers, but no Buyers.
• Condition it right  - Aside from price, condition is the only other factor that one can affect. Having the condition just right is a very important element when getting your home to sell, so,  my first advice again is to consult a Realtor … Realtors know exactly what  Buyers are looking for and how to translate this into getting your property ready for the market.  I can say from a statistical standpoint, homes that are turn key, or move in ready, sell the quickest and for the most amount of money. Ask your Realtor to give you a detailed list of items they’d suggest addressing. I never would advise a total renovation, however, don’t be quick to dismiss other updates a Realtor may suggest … ie, hardware & lighting improvements, paint, carpeting, super cleaning,  and probably MOST IMPORTANTLY their encouragement of enlisting the help of a professional Stager; many Realtors actually have staging already built into their listing program. Staged properties typically sell within 30 days and for 97% of the list price.
• Location it right- Though there is virtually nothing you can do to alter the location of your property, what you can do is point out the positives of your location. Consult with your Realtor … your Realtor will no doubt market your home to the best of its advantage, whether you are in a Swim Tennis Neighborhood, walking distance to Marta, or in a great school district … whatever the case, always emphasize the positives of your location, and of course, minimize the negatives …

There is a Buyer for every property. Keep in mind the object of the game is find the Buyer that will purchase your home for the most amount of money, in the shortest amount of time, with the least amount of stress. Good luck and happy selling!

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January - Upswing of Sellers & Buyers want to take advantage of the tax incentives

Categories: Atlanta Real Estate News

I was just talking with my husband, Greg,  about the upswing in showings we are having in our Listings! And our phone is ringing with Buyers! Not sure if its everyone is receiving their W2’s - realizing they need to buy a home to get some shelter from taxes - or - more than likely, they are out shopping for a new home to take advantage of the Tax Incentive - you have to be under contract by April 28, 2010 … whichever the reason, NOW is the time for Sellers to Sell and Buyers to Buy … see below for the details! Take advantage of this awesome Atlanta Real Estate Market! We’d love to help you! Contact us … The Bankston Group | Keller Williams Atlanta Perimeter

 The Move-Up/Repeat Home Buyer Tax Credit

In addition to extending the First-Time Home Buyer Credit of $8,000, Congress also created a tax incentive for repeat home buyers.

 

Effective Dates:  purchases made after November 6, 2009, and closes by June 30, 2010 (based on a binding sales contract signed by April 30, 2010).

 

Who is eligible?  a person who has owned and resided in the same home for at least 5 of the 8 years prior to buying a new home.  The new home must be used as a principal residence.  The buyer can not purchase from family members or a spouse’s family members.

 

How much is the credit?  10% of the purchase price up to a maximum of $6,500.  Homes over $800,000 are not eligible.

 

Does the taxpayer have to pay the credit back?  Not if the home is owned and occupied for at least 36 months.

 

Income Limits:  $125,000 for single taxpayers and $225,000 for married taxpayers filing a joint return.  There is a phase-out phase range for single incomes up to $145,000 and joint incomes up to $245,000.

 

* The tax credit is a straight dollar-for-dollar reduction of your income tax bill

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Tis the season to sell Atlanta Real Estate

Categories: Atlanta Real Estate News

People always need to move, even around the Holidays…in fact, I’d offer that the most urgent and busy time of the Real Estate year is around the Holidays…I know what you are thinking….you wouldn’t want to sell your home at Thanksgiving or Christmas because you don’t believe there are any buyers right now. That simply isn’t true. Many job offers and job re-locations happen at the end of the year.  People that buy homes at the end of the year are urgent and they also have a definite time table in mind. When we consult with home owners considering selling, they usually want their home to be on the market at the 1st of the year… we say, why wait? Right now, there are fewer homes on the market than there will be in the Spring…meaning less competition. Plus, the buyers out there now are urgent…remember? Because they need to get in by the start of the year for their new job in Atlanta.  We suggest that you do yourself a favor, and get your property listed now. And did I mention that buyers also love the warmth that holiday decorations give a home! Good luck! Bet it will be a good Christmas!

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Stressed over homebuying?

Categories: Atlanta Real Estate News, Buying Your Home

Anytime you have change going on in your life, you are subject to stress. It just so happens that moving, that is selling and or buying a home, is one of the biggest stresses that you’ll have in your entire life. Being Realtors, we have the opportunity to be in the midst, or height, of the most stressed time in our clients’ lives. Emotions run high. Time and logistical constraints need to be addressed. Financial and legal documents have to be managed. There’s much to do when real estate is being exchanged…so follow this helpful advice from The National Association of Realtors and you’ll alleviate most all of your stress when home buying:

 1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the REALTOR® you chose is both highly skilled and a good fit with your personality.

 2. Remember, there’s no “right” time to buy, just as there’s no perfect time to sell. If you find a home now, don’t try to second-guess interest rates or the housing market by waiting longer - you risk losing out on the home of your dreams. The housing market usually doesn’t change fast enough to make that much difference in price, and a good home won’t stay on the market long.

3. Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision, but too many ideas from too many people will make it much harder to make a decision. Focus on the wants and needs of your immediate family - the people who will be living in the home.

 4. Accept that no house is ever perfect. If it’s in the right location, the yard may be a bit smaller than you had hoped. The kitchen may be perfect, but the roof needs repair. Make a list of your top priorities and focus in on things that are most important to you. Let the minor ones go.

 5. Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or by refusing to budge on your offer may cost you the home you love. Negotiation is give and take.

 6. Remember your home doesn’t exist in a vacuum. Don’t get so caught up in the physical aspects of the house itself - room size, kitchen, etc. - that you forget about important issues as noise level, location to amenities, and other aspects that also have a big impact on your quality of life.

 7. Plan ahead. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate home insurance, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers.

 8. Factor in maintenance and repair costs in your post-home buying budget. Even if you buy a new home, there will be costs. Don’t leave yourself short and let your home deteriorate.

 9. Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big financial commitment. But it also yields big benefits. Don’t lose sight of why you wanted to buy a home and what made you fall in love with the property you purchased.

 10. Choose a home first because you love it; then think about appreciation. While U.S. homes have appreciated an average of 5.4 percent annually over from 1998 to 2002, a home’s most important role is to serve as a comfortable, safe place to live.

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Atlanta Real Estate…up to date ‘how’s the market’ report

Categories: Atlanta Real Estate News

Many are on vacation this week, enjoying the week of the 4th at the beach … we are here in Atlanta entrenched in real estate… showing homes, previewing homes, selling homes, comparing homes, listing homes, marketing homes, writing offers, negotiating terms and conditions…

Our kids are very interested in real estate. Guess it is natural really. They see and hear us talk about homes. They ask ‘where is daddy’ and I’ll say ‘at work’. Even our 2 year old knows what work is and he’ll say ‘I go see house’. Funny really, I think we may have a future Realtor.

Everyday, we are asked by friends, neighbors, family, complete strangers, and business associates ‘how’s the market’. It seems that everyone is interested in real estate. Makes sense … people, kids and adults alike, want to know what is happening in their neighborhood - who is moving out and who is moving in? And the number 1 question…What did they get for their house? Not that they are nosy neighbors, but concerned neighbors…how is their neighborhood standing in the real estate shift? Are their home values holding?

And while overall in Atlanta, we are seeing a 10% decrease in sales prices compared to that of a year ago, some pockets are not only holding their value but are gaining in value.

If you are curious what your particular Atlanta neighborhood is doing, give us a call and we’ll give you a complete analysis.  It’s always a good idea to be informed and to know the value of your home. In fact, if you are just interested in keeping up with the JUST SOLD properties in your neighborhood and would like to receive a free email report once per month, let us know and we’ll enroll you to receive your particular neighborhood report, free of charge and no obligation. It’s easy. Just email me  liz@thebankstongroup.com

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Dunwoody Foreclosures and Short Sales

Categories: Atlanta Real Estate News, Buying Your Home, Schools

Dunwoody is a city in North Atlanta, just 20 minutes from downtown Atlanta, bordering I285 and Georgia 400. Known as one of the best suburbs of Atlanta, Dunwoody is a fabulous place to live. Dunwoody boasts great public schools (Vanderlyn Elementary, Austin Elementary, Kingsley Elementary, Chesnut Elementary, Peachtree Charter Middle School, and Dunwoody High School) as well as wonderful private schools such as Marist and Davis Academy on Roberts Drive.  Dunoody is green with Dekalb parks and recreation including Murphey Candler Little League, Brookrun Skate Park, Cowart YMCA . Dunwoody is also home to the JCC on Tily Mill and LA Fitness on Mount Vernon.

Dunwoody is convenient to many grocery stores like Publix on Chamblee Dunwoody, Kroger on Dunwoody Club, and Fresh Market near Mount Vernon and on Chamblee Dunwoody. And Dunwoody offers so many terrific restaurants, too… Wildfire, McCormick and Shmicks, Brio, Cheesecake Factory, Dunwoody Bistro, 48th Street Deli, Max and Erma’s, Shane’s, Chipolte, Mimi’s Cafe, Cheeseburger in Paradise, Taco Mac’s, Flemings, Joey D’s, Goldbergs Bagels and Deli, El Azteca, Seasons 52 …

Dunwoody is home to Perimeter Mall and its top department stores: Macy’s, Nordstroms, Dilliards and just across the street you’ll find Target…and one more hop onto Ashford Dunwoody and you’ll be at Walmart.

If you are considering making Dunwoody your home, you’ll be pleased to know that you have currently over 300 single family homes to chose from… priced between 2.8 million and 250k…some of the most well established, sought after Dunwoody neighborhoods include: Dunwoody Club Forest, Mill Glenn, Dunwoody Station, Northsprings, Village Mill, The Branches, Wyntercreek, Renfroe Lake, Dunwoody North, Redfield, Brookefarm, Ashford Chase, Whitehall, Dunwoody Club Forest West, Little Brooke, Kingsley, Oxford Chase, Meadowlake…

Dunwoody’s real estate market is especially appealing to those buyers who want to have a beautiful home in a great community and also want to have it at a great discount…below are the most current and up to date listings  of Dunwoody foreclosures and short sales. Should you see a property that could be your new home, contact us today…770.676.9158

	Residential Detached					$ 899,000  *
	#:3887920	Active	Broker: PRAY01	Area: 121		Map: 693F4
	205 Bach Ct				Media: 12
	City: ATLANTA		State: GEORGIA		County: FULTON	Zip: 30350-6611
	Subdivision: Sentinel Ferry			Yr Built: 2001		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 4 4 0 Main 1 1 2 Lower 1 1 0 Total 6 6 2			Lake: NONE		Waterfront: 0
				Stories: 2 Stories		Elem: DUNWOODY SPRINGS
				Style: Traditional		Middle: SANDY SPRINGS
						High: NORTH SPRINGS
	Directions: GA 400 TO NORTHRIDGE ROAD TO ROBERTS DR LEFT ONTO SPAULDING DR, LEFT ONTO NESBIT FERRY RD GO THRU FRONT GATE TO LEFT ON VERDI LANE TO LEFT ON BACH

Public Remarks

Stunning Brick Executive 4 Sided Brick Home on an Acre plus lot in Gated Community. Home features hardwood floors, high ceilings, chef’s kitchen with granite counters and upscale appliances. Home also features an Elevator and many other upgrades.

 

Features

 

Bedroom: Bdrm On Main Lev, Master On Main		Master Bath: Double Vanity, Garden Tub, Sep Tub/Shower, Whirlpool Tub
Kitchen: Breakfast Area, Pantry - Walk-in, View To Fmly Rm		Dining: Separate Dng Rm	Setting: Other
Const: Brick 4 Sides	House Faces: East	Tennis on Prop: No	Pool: None
Parking: 3 Car Garage		Road: Paved	# FP: 4
Rooms: Bonus Room, Family Room, Great Room, Library/Office, Separate Lvng Rm
Basement: Exterior Entry, Finished, Full, Interior Entry			Home Warranty: No
Lot Size: 1 Up To 2 Acres	Lot Desc: Level		Lot Dimensions: 1
Green Building Certification:			HERS Index:

 

Other Descriptive Information

–>
Nbrhd - Gated Nbrhd - Security Appl - Dishwasher Appl - Gas Ovn/Rng/Ctop Int - 10 ft + Ceil Upper Int - 2-Story Foyer Int - Double Vnty Other	Int - Entrance Foyer Int - Hardwood Floors Int - Trey Ceilings Int - Wall/Wall Carpet Ext - Deck Hcap - Elev Acc Whlchair Fplc - In Great/Fam Room	Fplc - In Living Room Fplc - In Master Bedroom Fplc - In Other Room Heat - Gas Cool - Central Electric Enrgy - Other Water - Public Water	Sewer - Pub Swr Connectd Laundry - Laundry Room Dock - None

 

Legal, Financial & Tax Information

 

Tax ID: 06-0344-LL-031	LandLot: 344	District: 6	Section/GMD: 0	Lot: 18	Block: B
Plat Book/Page: 0/0	Deed Book/Page: 0/0		Tax/Tax Yr: $18211/2007
Mgmt Co:	Mgmt Phone:
Special: Foreclosure	Owner Finance: N		Owner Second: No	Assumable: No
CPHB:		Mgmt Co:	Mgmt Phone:		Mgmt Email:	Owner 2nd: N
Swim/Tennis: $ /		Annl Assoc Fee: $ /	Initiation Fee: $	HOA Phone:

 

Sold Information

 

Sale Price: $	Due Diligence Ends:	Closing Date:	Binding Agreement Date:
Original List Price: $ 980,000	Prop Closing Date:
SP/OLP %:   0%	Costs Paid by Seller:	Terms:
Sell Agent ID:	Sell Agent:		Sell Office:

 

Tue, May 12, 2009 06:13 PM	The accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals. © 2002-2009 FMLS	Requested By: GREGORY BANKSTON

 

 

	Residential Detached					$ 415,000
	#:3897270	Active	Broker: RMPL01	Area: 121		Map: 692 E5
	335 Spindle Ct				Media: 12
	City: ATLANTA		State: GEORGIA		County: FULTON	Zip: 30350-4124
	Subdivision: SPINDLEWICK			Yr Built: 1983		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 4 3 0 Main 0 0 1 Lower 0 0 1 Total 4 3 2			Lake: NONE		Waterfront:
				Stories: 2 Or + Stories		Elem: DUNWOODY SPRINGS
				Style: Tudor		Middle: SANDY SPRINGS
						High: NORTH SPRINGS
	Directions: 400N*EXIT NORTHRIDGE*CROSS NORTHRIDGE & GO SOUTH ON ROBERTS*RIGHT ON SPINDLEWICK DR*LEFT ON SPINDLEWICK CT*HOME ON THE LEFT

Public Remarks

BEAUTIFUL TUDOR STYLE HOME JUST OFF 400@NORTHRIDGE RD*AN IDENTICAL HOME SOLD LAST YEAR FOR $475K!!*PROFESSIONAL LANDSCAPING*UPDATED KITCHEN*SCREENED PRCH & 2-LEVEL DECK*LARGE FAM RM W/FIREPLACE & CATHEDRAL CEILING*POSS SHORT SALE

 

Features

 

Bedroom: Split Bdrm Plan		Master Bath: Double Vanity, Garden Tub, Sep Tub/Shower, Whirlpool Tub
Kitchen: Breakfast Bar, Breakfast Room, Cabinets Stain, Counter Top - Stone, Pantry, Wine Rack		Dining: Separate Dng Rm	Setting: Other
Const: Brick & Frame, Stucco/Syn Stucc	House Faces: West	Tennis on Prop: No	Pool: None
Parking: 2 Car Garage		Road: Paved, Public Maintain	# FP: 1
Rooms: Family Room, Screened Porch, Separate Lvng Rm
Basement: Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry			Home Warranty: No
Lot Size: 1/3 to 1/2 Acre	Lot Desc: Private Backyard, Sloped, Wooded		Lot Dimensions: +/- 1/2
Green Building Certification:			HERS Index:

 

Other Descriptive Information

–>
Nbrhd - Street Lights Appl - Central Vacuum Appl - Dishwasher Appl - Double Ovens Appl - Garbage Disposal Appl - Gas Ovn/Rng/Ctop Appl - Gas Water Heater Appl - Intercom/Radio Appl - Microwave Appl - Sec System Owned Appl - Smoke/Fire Alarm Int - Cathedral Ceiling	Int - Disp Attic Stairs Int - Entrance Foyer Int - Rear Stairs Int - Trey Ceilings Int - Wall/Wall Carpet Ext - Deck Ext - Fenced Yard Ext - Garden Area Ext - Irrigation System Ext - Out-Buildings Ext - Patio Ext - Prof Landscaping	Hcap - None Fplc - Gas Starter Fplc - In Great/Fam Room Fplc - Masonry Heat - Forced Air Heat - Gas Heat - Zoned Cool - Ceiling Fans Cool - Central Electric Cool - Zoned Enrgy - Attic Vent Fans Enrgy - Clock Thermostat	Enrgy - Storm Windows Water - Public Water Sewer - Pub Swr Connectd Laundry - Kitchen Laundry - Laundry Room Dock - None

 

Legal, Financial & Tax Information

 

Tax ID: 06-0384-0003-060	LandLot: 0384	District: 3RD	Section/GMD: 0	Lot: 31	Block: A
Plat Book/Page: 0/0	Deed Book/Page: 0/0		Tax/Tax Yr: $4825/2007
Mgmt Co:	Mgmt Phone:
Special: Foreclosure, Other	Owner Finance: N		Owner Second: No	Assumable: No
CPHB:		Mgmt Co:	Mgmt Phone:		Mgmt Email:	Owner 2nd: N
Swim/Tennis: $0 /None		Annl Assoc Fee: $125 / Optional	Initiation Fee: $0	HOA Phone:

 

Sold Information

 

Sale Price: $	Due Diligence Ends:	Closing Date:	Binding Agreement Date:
Original List Price: $ 415,000	Prop Closing Date:
SP/OLP %:   0%	Costs Paid by Seller:	Terms:
Sell Agent ID:	Sell Agent:		Sell Office:

 

Tue, May 12, 2009 06:13 PM	The accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals. © 2002-2009 FMLS	Requested By: GREGORY BANKSTON

 

 

	Residential Detached					$ 325,000  *
	#:3668205	Active	Broker: KWAP01	Area: 121		Map: 692F6
	1229 Dunbrooke Ln				Media: 13		#1 - Virtual Tour	Virtual Tour
	City: DUNWOODY		State: GEORGIA		County: DEKALB	Zip: 30338-3224
	Subdivision: None			Yr Built: 1985		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 3 2 0 Main 1 1 1 Lower 0 0 0 Total 4 3 1			Lake: NONE		Waterfront:
				Stories: 2 Stories		Elem: AUSTIN
				Style: Cape Cod		Middle: PEACHTREE
						High: DUNWOODY
	Directions: CHAMBLEE-DUNWOODY RD TO ROBERTS, PASS AUSTIN ELEMENTARY, DUNBROOKE LN WILL BE ON YOUR LEFT.

Public Remarks

BEAUTIFUL CAPE COD HOME W/OAK FLOORS ON MAIN LVL*MSTR ON MAIN W/RENOVATED MBATH FEATURING TUMBLED MARBLE*UPDATED KITCHEN OPENS TO FAMILY RM*WORKSHOP/PLAYROOM OVER GARAGE*RENOVATED TERRACE LEVELTHAT IS ENTERTAINERS DELIGHT*THIS HOME SHOWS LIKE A MODEL AND IS ON A CUL-DE-SAC!

 

Features

 

Bedroom: Master On Main		Master Bath: Double Vanity, Shower Only
Kitchen: Breakfast Area, Cabinets Other, Counter Top - Tile, Country Kitchen, Pantry, View To Fmly Rm		Dining: Seats 12+, Separate Dng Rm	Setting: Other
Const: Concrete Siding, Frame	House Faces: South	Tennis on Prop: No	Pool: None
Parking: 2 Car Garage, Auto Garage Door, Detached		Road: Public Maintain	# FP: 1
Rooms: Family Room, Separate Den, Separate Lvng Rm
Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry			Home Warranty: Negotiable
Lot Size: 3/4 Up To 1 Acre	Lot Desc: Corner, Level, Level Driveway		Lot Dimensions: .7628
Green Building Certification:			HERS Index:

 

Other Descriptive Information

–>
Nbrhd - Street Lights Nbrhd - Undergrnd Utils Appl - Dishwasher Appl - Double Ovens Appl - Elec Ovn/Rng/Ctop Appl - Garbage Disposal Appl - Gas Water Heater Appl - Self-Clean Oven Appl - Smoke/Fire Alarm Int - Disp Attic Stairs	Int - DSL Available Int - Entrance Foyer Int - Hardwood Floors Ext - Deck Ext - Front Porch Ext - Garden Area Ext - Prof Landscaping Hcap - None Fplc - Gas Logs Remain Fplc - Gas Starter	Fplc - Glss Doors Remain Fplc - In Great/Fam Room Heat - Gas Heat - Zoned Cool - Ceiling Fans Cool - Central Electric Enrgy - Attic Vent Fans Enrgy - Clock Thermostat Water - Public Water Sewer - Pub Swr In Strt	Laundry - Laundry Room Laundry - Upstairs Dock - None

 

Legal, Financial & Tax Information

 

Tax ID: 18-0378-02-188	LandLot: 0	District: 0	Section/GMD: 0	Lot: 0	Block: 0
Plat Book/Page: 0/0	Deed Book/Page: 0/0		Tax/Tax Yr: $3619/2007
Mgmt Co:	Mgmt Phone:
Special: Foreclosure	Owner Finance: N		Owner Second: No	Assumable: No
CPHB:		Mgmt Co:	Mgmt Phone:		Mgmt Email:	Owner 2nd: N
Swim/Tennis: $ /None		Annl Assoc Fee: $ / None	Initiation Fee: $	HOA Phone:

 

Sold Information

 

Sale Price: $	Due Diligence Ends:	Closing Date:	Binding Agreement Date:
Original List Price: $ 589,900	Prop Closing Date:
SP/OLP %:   0%	Costs Paid by Seller:	Terms:
Sell Agent ID:	Sell Agent:		Sell Office:

 

Tue, May 12, 2009 06:13 PM	The accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals. © 2002-2009 FMLS	Requested By: GREGORY BANKSTON

 

 

	Residential Detached					$ 300,000  *
	#:3818719	Active	Broker: KWBA01	Area: 121		Map: 740E1
	2609 Briers North Drive				Media: 12
	City: ATLANTA		State: GEORGIA		County: DEKALB	Zip: 30360-2080
	Subdivision: Briers North			Yr Built: 1987		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 2 2 0 Main 2 1 1 Lower 0 0 0 Total 4 3 1			Lake: NONE		Waterfront: 0
				Stories: 2 Stories		Elem: CHESNUT
				Style: Traditional		Middle: PEACHTREE
						High: DUNWOODY
	Directions: 285 to Peachtree Industrial North to Tilly Mill. Left on Tilly Mill to right into Briers North to right on Brierwood Place. Go to end of culdesac. Home on right.

Public Remarks

Back on the Market, Builder’s Custom Home on a cul de sac. Master on Main w/Adjoining Library, Nursery or Guest Bedroom. 2 Story Great Room, Huge Bonus Room with Kitchen and Full Bath, Perfect In Law Suite.2 Level Deck over looking Private, Fenced Back Yard and Built in Hot Tub.

 

Features

 

Bedroom: Master On Main, Roommate Fl Plan, Split Bdrm Plan		Master Bath: Double Vanity, Garden Tub, Skylights, Whirlpool Tub
Kitchen: Breakfast Area, Cabinets Other, Island, Pantry, Counter Top - Solid Surface		Dining: Seats 12+, Separate Dng Rm	Setting: Other
Const: Brick & Frame, Brick-Front	House Faces: NW	Tennis on Prop: No	Pool: None
Parking: 2 Car Garage, Auto Garage Door, Driveway, Kitchen Level		Road: Paved, Public Maintain	# FP: 1
Rooms: Bonus Room, Great Room, Recreation Room, Separate Lvng Rm
Basement: Crawl Space, Slab/None			Home Warranty: Negotiable
Lot Size: Under 1/3 Acre	Lot Desc: Cul-De-Sac, Level, Private Backyard, Wooded		Lot Dimensions: 0
Green Building Certification:			HERS Index: 0

 

Other Descriptive Information

–>
Nbrhd - Cable Tv Avail Nbrhd - Undergrnd Utils Appl - Central Vacuum Appl - Dishwasher Appl - Garbage Disposal Appl - Gas Ovn/Rng/Ctop Appl - Intercom/Radio Appl - Microwave Appl - Self-Clean Oven Appl - Smoke/Fire Alarm Appl - Sec System Owned Appl - Gas Water Heater Int - 2-Story Foyer	Int - 9 ft+ Ceil Upper Int - Cathedral Ceiling Int - DSL Available Int - Entrance Foyer Int - His & Her Closets Int - Hardwood Floors Int - Skylights Int - Wet Bar Int - Walk-In Closet(s) Ext - Fenced Yard Ext - Front Porch Ext - Hot Tub/Spa Ext - Patio	Ext - Satellite Dish Hcap - None Fplc - Blower Fplc - Gas Starter Fplc - Glss Doors Remain Fplc - In Great/Fam Room Heat - Forced Air Heat - Gas Cool - Ceiling Fans Cool - Central Electric Enrgy - Attic Vent Fans Enrgy - Clock Thermostat Water - Public Water	Sewer - Pub Swr Connectd Sewer - Pub Swr In Strt Laundry - Hall Laundry - Laundry Room Dock - None Boathse - None

 

Legal, Financial & Tax Information

 

Tax ID: 18-0355-02-070	LandLot: 33	District: 0	Section/GMD: 0	Lot: 0	Block: B
Plat Book/Page: 0000/0000	Deed Book/Page: 0/0		Tax/Tax Yr: $4793/2007
Mgmt Co:	Mgmt Phone:
Special: Foreclosure	Owner Finance: N		Owner Second: No	Assumable: No
CPHB:		Mgmt Co:	Mgmt Phone:		Mgmt Email:	Owner 2nd: N
Swim/Tennis: $0 /None		Annl Assoc Fee: $0 / None	Initiation Fee: $0	HOA Phone:

 

Sold Information

 

Sale Price: $	Due Diligence Ends:	Closing Date:	Binding Agreement Date:
Original List Price: $ 325,000	Prop Closing Date:
SP/OLP %:   0%	Costs Paid by Seller:	Terms:
Sell Agent ID:	Sell Agent:		Sell Office:

 

Tue, May 12, 2009 06:13 PM	The accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals. © 2002-2009 FMLS	Requested By: GREGORY BANKSTON

 

 

	Residential Detached					$ 264,900  *
	#:3802495	Active	Broker: REFC01	Area: 121		Map: 692K4
	7615 BALL MILL ROAD				Media: 12
	City: ATLANTA		State: GEORGIA		County: FULTON	Zip: 30350
	Subdivision: None			Yr Built: 1974		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 3 2 0 Main 1 1 1 Lower 1 1 0 Total 5 4 1			Lake: NONE		Waterfront: 0
				Stories: 2 Stories		Elem: DUNWOODY SPRINGS
				Style: Traditional		Middle: SANDY SPRINGS
						High: NORTH SPRINGS
	Directions: 285 EXIT 30. NORTH ON N. PEACHTREE, LEFT ON TILLY MILL. RT. ON MT. VERNON RD. LEFT ON JEFF FERRY, LEFT ON DUNWOODY CLUB. RT. ON CHAPARRAL RD. BECOMES BALL MILL.

Public Remarks

EXCELLENT OPPORTUNITY FOR THE SMART BARGAIN HUNTER. SOUGHT AFTER AREA WITH GREAT SCHOOL DISTICT.ACRE PLUS LOT.HOME FEATURES 2 MASTERS, SUNROOM, CURVED STAIRWAY IN FOYER. NEEDS RENOVATION, BUT COULD BE A SHOW PLACE, WALK TO DUNWOODY COUNTRY CLUB.

 

Features

 

Bedroom: Bdrm On Main Lev, Master On Main		Master Bath: Sep Tub/Shower, Tub/Shower Combo
Kitchen: Breakfast Area, Pantry		Dining: Separate Dng Rm	Setting: Other
Const: Stucco/Syn Stucc	House Faces: Unknown	Tennis on Prop: No	Pool: None
Parking: 2 Car Garage, Side/Rear Entry		Road: Public Maintain	# FP: 2
Rooms: Separate Den, Separate Lvng Rm, Sun Room
Basement: Finished, Full			Home Warranty: No
Lot Size: 1 Up To 2 Acres	Lot Desc: Sloped		Lot Dimensions: 0
Green Building Certification:			HERS Index: 0

 

Other Descriptive Information

–>
Nbrhd - Undergrnd Utils Appl - Other Int - 2-Story Foyer Int - 9 ft + Ceil Main Ext - Patio Hcap - None	Fplc - In Living Room Fplc - In Master Bedroom Heat - Gas Cool - Central Electric Enrgy - None Enrgy - Other	Water - Public Water Sewer - Pub Swr Connectd Laundry - Laundry Room Dock - None Boathse - None

 

Legal, Financial & Tax Information

 

Tax ID: 0603520001006	LandLot: 06352	District: 06	Section/GMD: 0	Lot: 0	Block: 0
Plat Book/Page: 0/0	Deed Book/Page: 0/0		Tax/Tax Yr: $6657/2007
Mgmt Co:	Mgmt Phone:
Special: Corporate Owner, Foreclosure	Owner Finance: N		Owner Second: No	Assumable: No
CPHB:		Mgmt Co:	Mgmt Phone:		Mgmt Email:	Owner 2nd: N
Swim/Tennis: $0 /		Annl Assoc Fee: $0 /	Initiation Fee: $0	HOA Phone:

 

Sold Information

 

Sale Price: $	Due Diligence Ends:	Closing Date:	Binding Agreement Date:
Original List Price: $ 379,900	Prop Closing Date:
SP/OLP %:   0%	Costs Paid by Seller:	Terms:
Sell Agent ID:	Sell Agent:		Sell Office:

 

Tue, May 12, 2009 06:13 PM	The accuracy of all information, regardless of source, including but not limited to square footage, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with the appropriate professionals. © 2002-2009 FMLS	Requested By: GREGORY BANKSTON

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7 don’ts when purchasing your new Atlanta home

Categories: Atlanta Real Estate News

Just went to our team meeting this morning at Keller Williams Atlanta Perimeter and one of the items discussed was how to avoid potential problems that could occur during a real estate purchase. Being approved and funded by your mortgage lender is a major component, unless purchasing with cash of course. So, here is my friendly reminder to all those under contract awaiting your closing…follow these 7 don’ts when purchasing your new Atlanta home so you’ll have a successful real estate purchase…

1. Don’t change your employment status. 
2. Don’t make any major purchases (cars, furniture, home theatre systems, vacations, etc.)
3. Don’t increase your credit card debt or miss any payments.
4. Don’t change bank accounts or make undisclosed large deposits.
5. Don’t apply for a credit card, cosign a loan, or make a credit inquiry.
6. Don’t spend money you have set aside for closing - not any!
7. Don’t delay in providing all paperwork asked for by the mortgage company.

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Helping families do a short sale to avoid foreclosure

Categories: Atlanta Real Estate News, Short Sale

Though ‘short sale‘ is not a new term in the real estate industry, it seems that today it is being used far more often than it ever has before. In the last few days, short sales have been top of mind for me. Understanding that 1 out of every 10 homeowners are currently unable to pay their mortgage and could be facing foreclosure, I thought to myself I really need to wrap my arms around understanding all aspects of a ’short sale’. I decided to go the industry authority on short sales, The Distressed Property Institute. In fact I just completed their two day class that was held at the Keller Williams First Atlanta office and am now a CDPE, Certified Distressed Property Expert.

I learned many many things in the class taught by Tony Martinez; my biggest take away is that I now know there is hope for families facing foreclosure and there is a way for me as a Realtor to help them avoid it.

In just talking with some friends over the last few days, I realize that though people may recognize the term ’short sale’, they are a little unclear what it means.  In the CDPE class, short sales were defined as so:

• Property that is or will soon be in some stage of the foreclosure process.
• Property owned by a person or persons who is or are experiencing a period of financial instability.
• Property on which the mortgages total an amount higher than the current value and an owner must sell.
• Property that is in poor physical condition.

In order for the home owner to qualify as a short sell, they must prove hardship. Qualifying hardship reasons are as such:

• Mortgage adjustment /mortgage payment increase
• Loss of job
• Business failure
• Damage to property
• Death of a spouse
• Death of family members
• Severe illness
• Inheritance
• Divorce
• Separation
• Relocation
• Military service
• Insurance or tax increase
• Reduced income
• Too much debt
• Incarceration

For any family going through a hardship, it is no doubt a tough time. A short sale of the property offers a financial solution to the situation and avoids an even larger misfortune of foreclosure.

If you are an Atlanta home owner in need of some relief and help with your mortgage, contact me for a confidential consultation. 

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9 Reasons why it’s time to move, in any economy

Categories: Atlanta Real Estate News, Buying Your Home, Selling Your Home

 It’s easy to understand why people think nobody is buying or selling a home right now…that’s all they hear from the mass media. However, the truth is, homes are selling. Just because we are experiencing a shift right now, both with the economy and in turn, the real estate market, this does not negate the fact that Americans are still living, breathing, constantly evolving human beings. Because circumstances are always changing within our lives,  there will always be a need for people to move, in any economy. Just to jog your brain, here are the top 9 reasons why it’s time to move…

• Home is too small / too big 
• Job transfer / Relocation / Shorten commute 
• Personal Relationship: getting married / divorced
• Lifestyle change: City life / Country life / Social Clubs / Neighborhood amenities
• Education: School districts
• See family more often / less often
• Finances: Cash in equity / Short sale
• Health concerns: physical restrictions / assisted care
• Empty nest/ Retirement / Downsize / Travel

Contact us for a free consultation to see if the time is right for you to make a move!

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With today’s economy, is buying a home a smart financial decision?

Categories: Atlanta Real Estate News

What’s on top of everyone’s minds these days? The economy… And not just the economy but how the current economy influences their job, their savings, and the value of their home.

That’s where we come in …

You might be wondering if buying a home right now is a smart financial decision…The fact is, home ownership is key to building long term wealth, no matter when someone buys. Did you know  that according to National Association of Realtors, over the last 3 decades, studies show that home values have steadily increased, on average more than 6 per cent per year. In fact, 60% of the average American home owner’s wealth comes from their home’s equity.

 My husband and I have been Realtors for the past 7 years, having helped many people buy and sell homes and never have we seen a better time of opportunity for 1^st home buyers, home buyers that want to sell and move up, and investors.

 Take for example the first time home buyer and all that they have in their favor right now: low interest rates (currently below 5% for a conventional 30 year fixed loan), affordable home prices, sellers that are willing to pay closing costs, and the new federal government tax credit of  $8,000.

 

If you have been considering buying a home, now is the time to do it - get out this beautiful Spring weekend in Atlanta and start looking - you’ll be glad you did! 

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