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Home Buying in 30030 : Real Estate Advice

  • All55
  • Local Info9
  • Home Buying22
  • Home Selling9
  • Market Conditions1

Activity 18
Wed Jul 5, 2017
Solomon Greene answered:
The short answer, Jesse, is "sometimes." If the builder's preferred lender participates in the program and you meet all of the requirements, you should be able to use down payment assistance on a new home. Unfortunately, some local builders discourage the use of such programs. One even raises the earnest money deposit to over $7,000 if you choose an outside lender and makes it very hard to get back those funds.

Your post reads "30030," a Dekalb County Zip Code. Some builder-preferred lenders participate in some of those programs, but you need to go about setting things up the right way. I'd welcome an opportunity to speak with you about it. You can find my number by clicking on my profile. For some reason, I am unable to post it.

Thanks
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Tue Jan 24, 2017
Kevin Polite answered:
This is an old question, but still relevant. HausZwei Home has started using virtual staging. They will take high quality photos of the inside and outside of the house. You can choose which rooms you want "staged" and they many different styles to choose from for each room. So you could do one room with modern furniture and the next traditional. With a 24 hour turnaround they will have the photos and your "staged" home photos back to you. ... more
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Tue Sep 2, 2014
Larry Holmes answered:
My advice would be to avoid the Dekalb County High schools in some areas. Of course there are magnet schools that are excellent. The City of Decatur School district would be a better option. ... more
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Mon Dec 30, 2013
Valerie Singer answered:
Asha, I would check with Laura Sosa-Rocha of the Truth and Lending team at Heritage Bank of the South.... Laura@truthandlending.com I have seen her team do an FHA loan for clients that were told by other lenders they weren't eligible. If the home buyer isn't eligible now she will help explain to them the best way to strengthen their credit. ... more
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Sun Mar 17, 2013
Lee Taylor answered:
Older buildings - mainly depends on firewall construction or not - something we see almost all the time now is not present in many older buildings.

I think that you should cruise those Coventry communities at night with the windows down and listen for yourself.

The end unit rule always applies.

No, it is not safe to assume anything about next door neighbor noise in a newer property. If you are a serious buyer and they are a serious seller - a later evening visit, or an overnight if you can get it, is never too much to ask for during a due diligence period.

I never get offended about little association fee questions. The fact is, many folks who ask questions like that eventually become my clients.

I suggest that you stop relying on Trulia and other 3d party data aggregators and start working with a Listingbook account.

If you want to meet at the new Chai Pani on West Ponce for lunch this week, we can discuss these matters. I would love to help you find a Decatur property that gets you exactly what you want for a really good price.
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Tue Jul 17, 2012
Lee Taylor answered:
Check the web reference for a full report and a downloadable pdf, but whenever I get asked this kind of a question, I always refer to Remodeling Magazine's cost vs. value annual report.

Their data gets more local every year, and here is a cut and paste with Atlanta's bathroom stats:

2010 job cost resale value costs recoup type of job 2011 comparisons

$36,496 $20,115 55.1% Bathroom Addition $40,710 $21,695 53.3%
$15,252 $9,950 65.2% Bathroom Remodel $16,634 $10,668 64.1%

And your contractor may be speaking very specificallay about smaller houses in Medlock Park or something, but the 2011 ATL average cost for a second story addition is over twice what he suggests.

Good luck - you might wanna talk to a few other contractors; I'm happy to suggest a few of the good players in Decatur.
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Mon Jun 25, 2012
Lee Taylor answered:
Answer #2 - ballpark ... 2.5% + $500.

Question #1 - who is your agent?

Answer to your first question - I think that you are super-analytical. I'm not.

I live in COD and know that I pay about twice what I would pay to live in a similar townhouse in unincorporated Dekalb.

And, it's worth every penny...
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Tue May 29, 2012
Richard Reid answered:
Sheila,

Contact:

Julie Beaty – Fidelity Bank
Senior Mortgage Banker
Office Phone: 404-553-2938
Fax: 404-393-6409
julie.beaty@lionbank.com
http://jbeaty.lionbankmtg.com
NMLS# 545251

She has been very successful working with Buyer's for me.
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Fri May 11, 2012
Sherrie Crow answered:
Hello Amelia--
The best way to get a feel for Decatur's great neighborhoods is to have a private tour with a friendly and knowledgeable Realtor who knows the city well--- and that would be me. Give me a call!
Sherrie Crow
Keller Williams Realty Metro Atlanta
(located in downtown Decatur)
404-790-8184
SherrieCrow@KW.com
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Fri May 11, 2012
Sherrie Crow answered:
P.s. I do know how to spell 'this" and "they."
dang typos...
:)
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Wed Apr 25, 2012
Flo Hammond answered:
www.bankrate.com has great mortgage calculators.

Flo Hammond
Harry Norman, Realtors
flo.hammond@harrynorman.com
0 votes 3 answers Share Flag
Wed Apr 25, 2012
Flo Hammond answered:
Yes, please send me an email.

Flo Hammond
Harry Norman, Realtors
flo.hammond@harrynorman.com
0 votes 2 answers Share Flag
Mon Oct 25, 2010
Dallas Texas answered:
You can research ownership of via county tax records. However good luck most lenders DON'T speak with public since you are represented by a buyers agent. Lender has an agreement with listing agent represent them.

Stick with what you authored if there is a benefit for you

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
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Wed Mar 10, 2010
Kevin Polite answered:
I have a listing at 1535 Deerwood Drive. it is a 3 bedroom, 1 bath AND is listed at $154,900. It is in walking distance to Dearborn Park, and close to the shops and restaurants in Oakhurst, Downtown Decatur and Kirkwood. Also, this is listed unincorporated DeKalb and not the City of Decatur. In addition, the Museum School of Avondale, a magnet school for grades K-3 will open in August and the home is located in that district. Also, the home is NOT a short sale. ... more
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Wed Mar 10, 2010
Kevin Polite answered:
I see you question is some time ago, however, I have a listing at 1535 Deerwood Drive that is a perfect for a first time buyer looking to take advantage of the $8,000 Tax Credit before it expires. This house is NOT short sale. If interest please contact me or check out my website www.IntownLifeAtl.com ... more
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Sun May 3, 2009
Robin Lanese answered:
Jennifer,

You maybe working too hard to analyze. As Hank who is an appraiser and gives great advises to many on this site, values are worked within ranges. A house with a 3 car garage in a country club community will not have the same value as a 3 car garage in a neighborhood of single car garages. They will range according to what other home in the same location, size and amenities have recently sold for.

As a buyer, value is perceived differently too. Does the house fit your needs? How long will you live there? Will the cost of what you pay be balanced towards what you receive in livability? Example; You need your child to be in a certain school district and the house fits all other criteria, except blue carpeting. Would you say it not worth what the identical home next door with cream carpet is worth?

Selecting a home is like shopping for the perfect husband. You're not going to get everything for the investment made. Why become an old maid? In any market the good homes go fast.

Prepare your offer according to range of values for that neighborhood. Use data from CMA. Negotiating is best when there is a win-win for both. You pay a price and they give a concession. There are so many scenarios for making the property value work for you. If cream color carpet give you the livability, pay the price ask for carpeting allowance.

A professional buyer's agent will assist and guide you towards making wise real estate decisions that will help you feel confident when making offers.

Robin Lanese, Realtor
Accredited Buyer's Representative, ABR
Real Estate Owned Specialist, REOS
HUD Registered Agent
Solid Source Realty
Robin@RobinLanese.com
678-231-1412
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Sun Apr 19, 2009
Frank Cruz answered:
By the way Sean, I live in Decatur and my friend/agent lives in near Downtown Decatur. She's awesome.....Janice Yates. You can look her up (don't know her number offhand).
0 votes 10 answers Share Flag
Fri Oct 19, 2007
Carl H. Martens - Internet Marketing and Operations Manager answered:
I concur with Yvonne. Perhaps you were referring to 166 Ridgeland Ave. which was recently on the market...it was withdrawn, expired, and then recently sold in June of this year. Currently there are no homes for sale on Ridgeland Ave.

I serve as the Internet Marketing and Operations Manager with the Richterkessing, Inc. team at Keller Williams and to assist you with your home search I could set you up with a FREE personal website that would notify you when homes come on the market that meet your criteria. You are notified by email with a link to the site and then you are able to view the property, read notes and other information and file the property into a liks, dislikes and possibility folder. Contact me if you'd like to have this set up...again it is FREE and there is no obligation to you. TN# 770.300.0023
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