Moments ago, the House voted 403-12 to expand and extend the Homebuyer Tax Credit (as part of the Unemployment Insurance Bill). The bill is now on its way to President Obama for his signature... so this is ALMOST a done deal!
The agreement on the extension and expansion of the credit is as follows:
Credit available for purchases before May 1, 2010. Prospective purchasers with binding contracts in place as of April 30, 2010 will be allowed an additional 60 days to complete the transaction.
Credit remains at $8,000 for first-time purchasers. No change to definition of first-time purchaser.
NEW $6,500 tax credit for REPEAT BUYERS who purchase between December 1, 2009 and May 1, 2010. Repeat buyers must have lived in their homes consecutively for 5 of the previous 8 years.
Income limits are expanded to $125,000 on a single return and $225,000 on a joint return. Current law $20,000 phase-out retained.
*New anti-fraud limitations will be imposed. Stay tuned for more details.
With the end of the first-time home buyer credit coming to an end, property virgins are scooping up some fantastic deals on Intown Atlanta homes. Many of the homes I've listed in the last 2 - 3 months sell in the FIRST WEEK! To follow are just a few from the last month...
Charming newer home in East Atlanta's Gates at Bouldercrest neighborhood... we received multiple offers!
Renovated cottage in the East Lake / East Atlanta area. We had an offer from a first-time home buyer within 4 hours of listing this home!
Updated bi-level home about a mile from the East Atlanta Village. We received THREE offers on this home in the first week.
When we list a home, we market, stage and price the home correctly to ensure that it SELLS quickly! If you are considering buying or selling, give Kerry Lucasse and the Atlanta Home Search team a call at 404.432.1844. We are down-right passionate about Atlanta real estate and would be honored to assist you.
It's that time again! Get ready for a good ol' fashioned chili cook-off in one of Atlanta most unique neighborhoods. The "Chomp & Stomp" in Cabbagetown brings in quite a crowd each year and is a fantastic way to spend a "chilly" Saturday afternoon.
This will be Cabbagetown's 6th Annual Chili Cook-off & Bluegrass Festival and there is definitely a little something for everyone:
5K Run (AM)
Live Bluegrass Music all day
Artists Market
And of course, lots and lots of CHILI!
The festival will be in the Cabbagetown Park on November 7th from 10 am to 6pm. It gets pretty crowded later in the day, so be sure to get there EARLY if you want to sample all the chili!
Thank you for visiting our Atlanta Real Estate Blog!
Posted by: Kerry Lucasse with Keller Williams Realty. Kerry is an Intown Atlanta real estate agent, specializing in East Atlanta, Grant Park, Cabbagetown and the surrounding ITP neighborhoods. If you have questions about the area or if you are considering selling your home, please call (404)432.1844.
If you are thinking of buying a home in Atlanta but are not sure where you can get affordable housing that is still within 30 minutes of Downtown Atlanta, you've come to the right place! This week, we are highlighting one of the popular Atlanta suburbs, Stone Mountain Georgia.
Stone Mountainis located about 16 miles east of Atlanta GA, Stone Mountain is in DeKalb County and is a great place to live if you need to commute to Downtown Atlanta, Decatur or anywhere along the eastern side of the I-285 Interstate).
The epicenter of this Atlanta suburb is Stone Mountain itself. Stone Mountain Park is home to one of the world's largest mass of exposed granite and the largest relief carving. The park offers residents the opportunity to walk, hike, swim. boat and participate in several fantastic special events. If you're not the outdoors type, the City of Stone Mountain also offers some of the best shopping in Metro Atlanta -- it is a shoppers paradise along Highway 78!
We've highlighted this area because the home prices are so reasonable for Metro Atlanta. A family can usually find a newer 4 bed / 2.5 bath house for less than $250,000. There are also many opportunities for deals on foreclosures and short sales, so this area is a great option for first-time home buyers or savvy investors!
This East Atlanta home was just renovated and is the PEFECT opportunity for a 1st time buyer!
With 4 bedrooms, 2 full bathrooms, sparkling hardwoods, NEW systems, new energy efficient windows throughout and even a household water purifier, this home has it all!
New Kitchen just added with IKEA cabinetry, butcher block countertops and black / stainless appliances.
All appliances are included, even the one-year old washer and dryer.
At a very aggressive listing price of just $109,900 this home will sell QUICKLY!
JUST ANNOUNCED TODAY by the Atlanta Business Chronicle...
Keller Williams Realty Rawls Group is now #2 in the Atlanta Business Chronicle's annual BEST PLACES TO WORK in Atlanta GA. We were the ONLY real estate company recognized in the Large Business category.
Keller Williams Realty even placed ahead of popular companies like Earnst & Young, Children's Heathcare of Atlanta and Price Waterhouse Cooper, so this is a great honor!
After almost five years at Keller Williams, I understand why our brokerage received this honor today -- the agents are honest, hardworking and LOVE what they do, the education programs are the best in the business and of course, our broker and team leads, are top notch. They provide us with the latest market data, assist with business development plans / strageties and are the best cheerleaders I've ever seen! :-) Keller Williams management style promotes a positive, "can do" attitude DAILY... and even with the current market conditions, we are outpacing the competition!
If you can't tell, I am very proud of the our office and to be associated with a realty company like Keller Williams. If you are anyone you know is interested in learning more about the real estate industry or if you would like to see why our office is the #2 BEST PLACE TO WORK in ATLANTA, I would love to talk with you!
Thank you for visiting our Atlanta Real Estate Blog!
Governor Sonny Purdue has issued a State of Emergency due to the rain and flooding in Georgia for 17 counties. This will affect any closings you may have in the next 30 - 45 days.
Due to the flooding and water damages, lenders will be requiring final inspections on properties that are closing and had been appraised prior to the declaration. Most of the lenders will require either a final home inspection or a disaster report, as they will need to confirm that they have loans that are insurable and that the properties are still a viable asset. The additional lender requirements are already delaying closings across the city, regardless of the lender.
If you are an agent in Georgia, a seller or a buyer who has a home under contract, please be pro-active and make sure that if the lender is requiring a disaster report and/or an updated home inspection, that they are ordered immediately to prevent delays.
Looking for a great deal on a foreclosure home in Conyers GA? Our newest member of the ATL Home Search Team lives, works and breathes Conyers real estate, so I asked her to select some of the "Best Buys" on foreclosure homes in Conyers Georgia. Many are under $150,000 and could be perfect for first-time home buyers! Take a peek at the list below...
QUESTIONS ABOUT THE CONYERS / ROCKDALE COUNTY AREA?
Call us anytime at 404.432.1844.
Thank you for visiting our Metro Atlanta Real Estate Blog!
PLEASE NOTE: The Conyers foreclosure homes listed above are not our listings and we don't intend to promote them or guarantee their availability. If you are a buyer and would like the name of the listing agent, please let us know and we would be happy to provide that information to you. If you are a listing agent and would like to have the property removed from the blog, send us an email and it will be removed asap.
If you are one of the many first time home buyers out searching frantically for your dream home before the $8000 tax credit expires, you will have watch the internet closely to see what is new on the market. Usually homes under $250K in the popular Atlanta intown neighborhood, Kirkwood, sell in the first two weeks.
So for all of you fine-tuned home shoppers, I thought it would be helpful for you to see what just came on the market in Kirkwood...
#1 -- MY TOP PICK IS THE FOLLOWING 2 BED / 2 BATH BRICK BUNGALOW WITH A 2-CAR GARAGE. LISTED AT $250,000 this is one of the homes that will sell quickly! Get more info and view photos >>>
$189,900 Single Family Residential 2 Bedrooms 2 Bathrooms
PLEASE NOTE THAT MOST OF THE HOMES ARE NOT OUR LISTINGS AND IT IS NOT OUR INTENTION TO MARKET THE HOMES IN ANY WAY - OUR GOAL IS TO PROVIDE YOU WITH THE LASTEST AND GREATEST INFORMATION FROM THE FMLS (FIRST MULTIPLE LISTING SERVICE). IF THIS IS YOUR LISTING AND YOU WOULD LIKE IT REMOVED, PLEASE CALL US ANYTIME.
Just listed yesterday, this 3 bedroom / 3 bath "intown" home is just a short drive to the popular East Atlanta Village.
The living room with a 2-story full wall of windows is the first thing that grabs you when you enter the home. A French door leads you from the living room to a private patio overlooking wooded area.
In the light-filled kitchen, you'll find stained cabinetry, lots of counterspace, a pantry, island and black appliances. The kitchen overlooks the dining room and offers plenty of room for entertaining.
Upstairs, there are two bedrooms and two full bathrooms -- the perfect setting for roommates or a family. The spacious master suite features vaulted ceilings, built-in bookshelves and a well-equipped master bath with garden tub and separate shower.
Back on the main level, don't forget about the 3rd bedroom and 3rd full bath! It's ideal for a guest bedroom and/or a home office.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
If you are thinking of buying a home in Atlanta but are not sure where you can get affordable housing that is still within 30 minutes of Downtown Atlanta, you've come to the right place! This week, we are highlighting one of the popular Atlanta suburbs, Stone Mountain Georgia.
Atlanta Village.
;)
;)
