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30009 : Real Estate Advice

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  • Local Info2
  • Home Buying3
  • Home Selling1
  • Market Conditions1

Activity 277
Fri Jun 17, 2011
Russ Garmon answered:
You may be able to find homes never lived in new construction built 2006-2010. Have an agent pull listings in this year range and you should have luck.
Although have it inspected as some that have sat vacant sometimes have issues. ... more
0 votes 26 answers Share Flag
Fri Jun 17, 2011
Mark Lackey answered:
It the age old question. Do you need to sell or want to sell. You could wait years for the market to come back. Email me at mark@atlantahousingsource.com for a free home analysis to help with the decision making. Our property management group can help if you decide to rent.

Mark Lackey
Atlanta Housing Source at
Solid Source Realty, Inc.
Associate Broker
EcoBroker
Mark@AtlantaHousingSource.com
404-886-8789

Services
Home Buyers & Sellers - www.AtlantaHousingSource.com
Property Management – www.SolidSourcePM.com
... more
0 votes 18 answers Share Flag
Fri Nov 5, 2010
Don Tepper answered:
Depends on your buyer's agreement with the agent.

However, you say you "did not find her trustworthy." That's not enough to go on. It's possible, on the one hand, that she was nearly as much in the dark as you while the process was going on. That's very typical. On the other hand, if she was forging your signature or submitting offers without your approval, then those are serious issues which should be brought to her broker's attention immediately.

Speak to your agent to try to resolve the problems. If that doesn't work, speak to her broker.
... more
0 votes 17 answers Share Flag
Thu Nov 11, 2010
Dallas Texas answered:
0 votes 3 answers Share Flag
Wed Oct 13, 2010
Lee Taylor answered:
I don't know, but I would contact one of our finest Trulia Voices, Julie Brittain and get her opinion.

She has tremendous expertise in North Fulton.
0 votes 5 answers Share Flag
Wed Feb 8, 2012
Solomon Greene answered:
4Val,

Please search the RipoffReport.com then Google them. Looks like you'll find plenty of answers.

Solomon Greene
REALTOR® Keller Williams Realty Atlanta Partners
(678) 775-2677 ... more
0 votes 3 answers Share Flag
Wed Sep 15, 2010
Michael Hammond answered:
To which condo are are you referring, Roy? No link on your post.

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.SellsRealty.org
0 votes 1 answer Share Flag
Tue Oct 5, 2010
Anna M Brocco answered:
When choosing your agent, choose with care--first and foremost make sure you like each other since you will be spending some time together. Interview two-three agencies and don’t be too concerned as to their locations; sometimes a local broker is no more skilled than one outside your area. Ask about scheduling around your needs, who will choose the properties to be seen, can you expect updates on new listings and recently sold properties, and how often will communication occur, etc. Ask about current sales in your areas of interest, negotiating strategies, etc. The answers to such questions should determine whether you should enter into a business relationship with an individual broker. Buyers should be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. As for Realtors that act as a buyer's and seller's agent--unless I misunderstood the question, keep in mind that a buyer agent can also be a listing agent and vice versa--much will depend on his/her customer , the buyer or seller. Dual agency does occur from time to time, just make sure you are well informed with any information needed, comps--recently sold similar properties in the immediate area, etc. Again, choose your agent with care. ... more
0 votes 58 answers Share Flag
Wed Aug 18, 2010
Deborah Madey answered:
Without reading the contract, I wouldn't know the terms and conditions. What does it say about the closing date? Since builders often encounter delays beyond their control, there may be terms built into the contract that address extensions or delays. What does it say in the contract about delays or extensions?

Read the contract through . If you believe (or suspect) that the builder has failed to fulfill the terms of the contract, take the contract to an attorney, Only an attorney can give you legal advice.

Does the agent who assisted you work for the builder or for an independent broker? What has your agent told you about the delay?

It's common for builders to miss their target completion dates, but these delays seem excessive. As far as what you can do about it, I can only refer you to your contract, agent and attorney for assistance.
... more
0 votes 9 answers Share Flag
Mon Apr 30, 2012
Darrell Hess answered:
The best advice I can give you on this area as well as any other is to buy smart. I've seen a ton of investors buying in this market because the cost of buying is cheep in hopes to increase their rental profits. What they failed to realize is due to the market there are a ton of rentals available as well as renters. Some renters are better then others due to their credit and past rental history, but this is not the problem. The problem is there are a lot of properties to choose from at lots of low rents. Make sure what you buy is attractive and located in a great area close to highway on/off ramps as well as restaurants and shops. Morris Rd is great since 400 is right there and you can take Deerfield to the shops and restaurants. The area has pretty good property value too and in my opinion did not take as big as a hit as other Alpharetta areas. Choosing a 3br is a smart move too as lots of folks in that area like having an office due to the nature of work they are in. I'd love to know which property you are thinking about. Good luck! ... more
0 votes 3 answers Share Flag
Tue Aug 17, 2010
Michael Hammond answered:
What is your time frame and price point, Janice?

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.SellsRealty.org
0 votes 6 answers Share Flag
Mon Aug 16, 2010
Joseph Finnerty answered:
Hi Yvette,

A few things contribute to the problem:

- Sellers can't believe there house may have gone down in value from the height of the market. They insist on "trying" the price.

- Sellers can't take any less, they owe too much on the home

- Agent agrees to list at a higher price so seller hires them.

The bottom line is that the home seller sets the price. As agents, all we can do is offer education and advice.

Some agents will walk away from a home seller that will not list at the correct price. Others will take the listing with the hopes of getting the price down. Each situation is different.

Regards,

Joe Finnerty
484-241-1641
Long & Foster Real Estate, Inc.
Lehigh Valley, PA
610-865-7776
... more
0 votes 18 answers Share Flag
Sun Aug 8, 2010
James Dudley answered:
Well it sounds like the seller is upside-down. They probably won't be able to sell for much lower. The bank will only fund a loan for what the home appraises for.

Have a realtor run a market analysis on the property to get an accurate idea of the value of the property. ... more
0 votes 8 answers Share Flag
Sun Jul 18, 2010
Emelia Sanchez answered:
Newhouse,

Everyone is different and depending on who owns the note will be getting a different result. A recent example of receiving principal reduction are notes that were held by Wilshire Credit Corp that was bought as part of the bail out package by B of A and selling to IBM. Within that whole process those notes were negotiated for a fraction of cents per dollar allowing them to restructure the note.

I work with an investor who buys notes and restructures them to todays market values. So I have seen the portfolios that are being purchased and obviously re-sold to create liquidity.

Modifications are all different and temporary unless you get the pricipal reduced they don't really work. One consumer I know got the Obama plan of 2% but at the end of the 30 year term has a balloon payment of $130,000.00. We see things like this and think maybe we will be like Japan and end up passing our homes along with the mortgage to our children.

NACA is doing a great job in trying to be an active force. I wish you luck in your endeavor.
... more
0 votes 3 answers Share Flag
Tue Jun 29, 2010
Van Purser answered:
You certainly may; however you will probably find out whether your bid was the highest in the event that it is. In other words if you hear it is, it was, and if you don’t, it wasn’t.

Sounds so harsh, but that is how it works.

Van S. Purser - Managing Broker & Investor
Van Purser & Associates LLC
Providing Real Estate Solutions Since 1981
Office: 770-623-3313 Cell: 404-863-2340
Fax: 770-623-0531
Email: MailTo:VanPurser@VanPurser.com
Web Site: www.VanPurser.com
... more
0 votes 6 answers Share Flag
Sat Jun 12, 2010
Christine Watermolen answered:
There are homes located on Jones Bridge Rd that would be in your price range and would go to Dolvin Elem. and Autrey Mill Middle School. The high schools would be Jonhs Creek or Chattahoochee. If you are interested I would be happy to email you listings from them. ... more
0 votes 12 answers Share Flag
Sat May 29, 2010
Stephanie McCarty answered:
Hi Tima. That's a substantial addition. Sounds like you have a good plan and it should add to value as long as it is consistent in quality with main structure. Cost recovery depends on when you sell and current market conditions. One great thing is that you should be in better negotiating position for materials and labor. Good luck. ... more
0 votes 3 answers Share Flag
Wed Jun 23, 2010
James Dudley answered:
Grabel is who we use for our national relocation network.

Let me know if I can get you in touch with one of the represenatives that I know.
0 votes 5 answers Share Flag
Fri May 28, 2010
Christine Watermolen answered:
There are nice apartments at St Andrews at the corner of Jones Bridge Rd and Old Alabama Rd. I believe these apartments are in the Johns Creek HS district.

Good Luck!
0 votes 3 answers Share Flag
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