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Home Selling in 30518 : Real Estate Advice

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  • Local Info7
  • Home Buying6
  • Home Selling7
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Activity 10
Fri May 25, 2012
Jeffry E. Scott answered:
1st I would decide where in FL. then let me refer you to a good agent. You both need to get prequalified so you know how much home you each can afford (or are comfortable with the payments on). Then your agent should start the process of seeing what is available in your price range and next door to or a couple of doors away. It should not be a difficult couple of homes to purchase if you do your homework in the beginning.

Jeffry E. Scott
ERA Allpoints Realty.com
678-410-2004
jeffry.scott@era.com
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Thu Feb 17, 2011
Julie Kronenberger asked:
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Mon Oct 19, 2009
William M "Mack" Perry answered:
Hi Cheryl. First off congratulations! I wish I had a crystal ball and could give you details on exactly where the real estate market in Lilburn, Buford and Gwinnett County was headed. Other than guessing, we should probably look to the pros for some guidance. The most recent Case-Shiller report for the Atlanta Metro area, issued on 9-29-09, shows a 2.44% increase over the previous month. While this is good news, we still have a way to go to reach a full recovery. Unfortunately the real estate fiasco that we all experienced was like a heart attack. Bad practices over a period of time caught up with the market and all of a sudden the attack hit. The recovery to where values were 24-36 months ago will happen, it will just take time. I think we have bounced off the bottom as far as home values go and will see a slow continued increase.

One alternative you may have is to wait out the market by renting your home until values reach the point where you break even or hopefully realize a return on your investment. I have several clients how have utilized this strategy and are pleased with their success. Let me know if I can help. Good Luck and again Congratulations!
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Fri Jun 13, 2014
Bob Georgiou answered:
Effective May 1 the rules for appraisals have changed. It will have yet another adverse market reaction in the short run which, over time, should moderate the market some. The new appraisal rules elevate the value of square footage while negating the value of improvements. When the market educates itself to that fact and home improvement industry begins to feel pressure, I expect that to change.

If the foreclosed home sells first it will value to the AVERAGE of 3 comparable home sales within 1 mile. It will then have a bearing on the other home's price and appraised value and vice versa.
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Fri May 8, 2009
Joshua Jarvis answered:
Deb,

Is this person a "REAL" full time real estate agent? Lease Purchase really means Renting in this market. A true lease purchase is where someone puts money down on the home to secure the OPTION to purchase it later.

If you don't have equity and are upside down on your home then a lease purchase may be the only option, other than a short sale.

What I don't understand is why a realtor would recommend them. They are messy, not usually in the client's best interest and keeping it real here, the pay is horrible.

Good luck!
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Sat Jan 19, 2013
Dallas Texas answered:
WOW, sorry to hear this HOWEVER if you HOA has restrictions I would determine if you can receive an exception to the rule. The reason why HOA have limited amounts for if another property wanted to sale their residence a lender MAY NOT approve the loan due to % of property ratio is more rental than owner occupied and HOA has to supply these ratios.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
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Tue Oct 14, 2008
Scott Godzyk answered:
First you need to get a brokers price oppinion that will show you what similar townhomes have sold for so you can see if your home is priced correctly. Then you need to see if the realtor has lived up to his./her end with advertising, marketing and suggestions how to get more people to your home. You have to get it to stand out. ... more
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Thu May 20, 2010
Lee Adkins answered:
Gwen -
I'm sorry to hear of your situation. You can reach out to Steve Chance at Wells Fargo for more specific information - 770-238-0211 or Stephen.B.Chance@wellsfargo.com

There are some tax ramifications as well as other things you should consider before making a decision.
I can also recommend a Realtor in the area who has been living/working in Buford for many years if you need someone to list your townhome or assist in your purchase.

Best of luck to you!

Lee
404 966 3247
leeadkins@remax.net
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Fri Jan 18, 2013
Gwen answered:
did you get much traffic at your open house - i am considering one next weekend and also live in your area
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Wed Jul 9, 2008
Dallas Texas answered:
Yes home can go stale, sometimes great to replace pictures, description, take out of MLS rest for a week or less. then place it back on the market. http://www.lynn911.com
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