Listing Provided Courtesy of KELLER WILLIAMS REALTY ATL NORTH
The content on this page relating to listings of real estate for sale comes from First Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the owner of this website are identified with the FMLS BR trademark and the listing broker is also identified on any Details page.
Continuous analysis of home sales and listing prices in recent weeks indicate, in my opinion, the signs of stabalization in the Smyrna Ga and Cobb County Housing Market.
I have been noting that homes are coming on the market at slightly higher prices as the Sellers enter the spring market while recognizing the very low interest rates and first time home buyer credit. I beleive the consistently low interest rates and first time homebuyer credit have settled into the Sellers minds as cause to enter the market with a bit higher price than in the past month or so...they are inadvertently pushing back, as I see it.
Some of the incredible foreclosure deals, particlularly those that sold in the $200-500,000 range are waning. As is generally the case, there are still a large number of homes still in foreclosure in the $25,000 to $150,000 range which will be bought up over time but are generally in need of repair, etc., which is a whole other blogs worth of info. Some of the seemingly exceptional deals in the upper price range remaining are in developments in which the builder went under and has several homes in foreclosure but the development may be only partially finished which leaves the consumer to be concerned if and/or when the development may be completed by some other builder who comes in and might change the look and feel of hmes needed to be built in the remaining lots which leaving the ardent consumers with a big "IF" factor and make purchasing such homes as potentially prohibitive.
If one is looking to jump into the foreclosure market at this time It is a must to be at the very least pre-qualified for a mortgage before their home search. Morelover, the smart and oh so savvy buyer will get an actual PreAproval and not just a pre-qualifacation as a PreApproval from a bank or mortgage company can be like having the bank follow you with a check while you look at homes. This is most important now more than ever as the best value foreclosures in the $200 and up range are most definitely harder to come by and those that come on the market go to the highest bidder who is backed with proof of funds aka cash or a PreApproval letter from a mortgage facility. More on the difference between being prequalified and preApproved in another blog.
Consumers should be cognizant of the fact that although a home may be listed by an agent as a foreclosure on the Multiple Listing Service does not always mean that a lsiting is a true foreclosure. They may be merely "short Sales" or called "preforeclosures" in the vergage about a home. These type of offerings have the potential to get you side tracked from obtaining the best values in foreclosures because they may take months to negotiate with the Mortgage companies.
Be sure to inquire with any agent as to whether the home is a "REAL" foreclosure, preforeclosure or a short sale. Keep in mind that when you see a home listed at what seems a ridiculously low price and is a short sale, chances are the mortgage company will not take that low of a price...make sure you inquire as to how much the current mortgage is in relation to the short sale price...if the disparity between the list price and the mortgage is considerably substantial chances are the price the home is listed for is a very deflated price.
Your "FOR REAL" Smyrna~Vinings and greater Cobb County Real Estate Broker,
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At a list price of $269,900, this is an "our choice" of a "BEST VALUE TownHome FORECLOSURE. This townhome is in one the most desirable towhome comminities in the immediate area. It is owned by Fannie Mae and one of a very few that approach 3000 square feet. The Laurel Hill subdivision in Smyrna, Ga is ot the corner of Concord Rd and King Spring Street. This is one incredibly well priced foreclosure and should not be overlooked by anyone who is seriously seeking a townhome in the Smyrna/Vinings, GA area.
When a home is owned by Fannie Mae you can rest assured of a quick closing and no haggling. Fannie Mae wants to sell homes that they have taken back from banks quickly. So if you are in the market for a High-end townhome in the Smyrna~Vinings, GA are this should be on your list of towhomes to preview. I can show you this townhome any time.
Call Don at 770-309-5297. We are the Townhome Experts.
This Townhome is one huge unit and in fact almost twice the width of your typical towhome.
So if you are in the market to view one of the best value Townhome foreclosures in the Smyrna Vinings GA area or any of
our choice of "BEST VALUE TOWNHOME FORECLOSURES" give me Don a call at 770-309-5297
Listing Provided Courtesy of Rasmus Real Estate Group Inc
The content on this page relating to listings of real estate for sale comes from First Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the owner of this website are identified with the FMLS BR trademark and the listing broker is also identified on any Details page.
Information is deemed reliable but is not guaranteed
FORECLOSURES ARE GOING FAST! iF YOU ARE A FIRST TIME HOME BUYER THIS TOWNHOME IS AN INCREDIBLE BUY NOT WITHSTANDING THE FACT THAT YOU MAY QUALIFY FOR THE $8,000. TAX CREDIT WHICH MAKES IT AN EVEN GREATER BARGAIN.
IF YOU ARE A SILVER COMET TRAIL BUFF THIS IS A GREAT PLACE TO LIVE AS THE YOU CAN JUST GRAB YOUR BIKE FROM THE GARAGE AND THE TRAIL IS ACCESSIBLE WITHOUT EVEN LEAVING THE TOWNHOME COMMUNITY GROUNDS.
This Townhome is located in the Community of Westwood Terrace, a Pulte built Community in Smyrna, GA near the crossroads of South Cobb Drive and the East West Connector. Pulte built this townhome community between 2004-2006. It is situated adjacent to the SILVER COMET TRAIL.
listing provided courtesy of RE/MAX GREATER ATLANTA
The content on this page relating to listings of real estate for sale comes from First Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the owner of this website are identified with the FMLS BR trademark and the listing broker is also identified on any Details page.
Information is deemed reliable but is not guaranteed
THE NEW SMYRNA~VININGS, GA HOMES FOR SALE WEBSITE A New Website to search all the homes available in the Smyrna-Vinings, Ga area is up and running. Smyrna_Vinings home prices are exceptionally low at this time. If ever there was a time to buy a home for first time home buyers and any buyers for that matter, the time is now! With an $8,0000 tax credit through November 2009 for first time home buyers and the plethora of new and resale single family and townhome/condos on the market at exceptional prices, if you are credit worthy and financially able you should definitely take advantage of the opportunity to own a home. You may think you are not in a position to purchase by virtue of the media expounding on the myth that banks are not loaning money...that is a very false conception! Yes, it is true that not just anyone can get a mortgage these days. You need to have better credit scores than in the past and something to put down, but even that is not absolute. Anyone who is unsure of whether or not they are financially able to get a mortgage and stays away from purchasing in this market will miss out on opportunities in buying a home that may never exist again in your lifetime. Think of it this way...if you don't really, I mean truly know what your mortgage capabilities are or aren't how can you know for certain whether you are able to purchase or not. One does not go to the grocery store without knowing what is in their pocketbook?
It costs nothing to discover where you stand as far as getting a mortgage is concerned. There are myriad ways to work around issues of credit and down payment, but you must speak with a reputable Real Estate Professional who can guide you in the right direction. At the very least you will be able to know where you stand with respect to obtaining a mortgage.
I would highly suggest that before you speak to a mortgage Professional, you speak first to a reputable Real Estate Professional who has had dealings with a variety of Mortgage consultants...we know where you can start to look for the right professional to give you the best service, interest rates and closing costs fees. We know who is reliable and who is not! We know what Real Estate Lawyers can give you the best service and competitive fees. When you are ready to find out where you stand take a look atthe new Smyrna-Vinings Homes for Sale site to see what is available in the area then give me a call to discover what precision customer service truly means.
Please read the letter I received below from the FIX HOUSING FIRST COALITION to which I and an army of other constituents have solicited to have the Federal Government assist the return of the Housing Market, as it were! Below are some of the results. You too, can participate in the push to help Congress recognize that by FIXING HOUSING FIRST we can begin to turn this economy around. This may be, and I dare to say the most important issue of the day. Sure it is easy enough to assume that there may be enough people pushing for the FIX HOUSING FIRST COALITION, but better it be that all those who beleive that we need to fix housing FIRST get on the bandwagon and read the information below and sign up to voice you support for the FIX HOUSING FIRST COALITION. So please read and send your voice by clicking the link noted below to inform your Congressmen and Senators that you want the Housing fixed first! I am adding this info to every website I own to make as many people aware and supportive as possible. Join the FIX HOUSING FIRST ARMY NOW! thank you for your time
Isakson Amendment Passed!!
Thanks to all of you who weighed in, the Isakson amendment - which provides a tax credit of up to 15,000 to all homebuyers - passed by voice vote in the Senate last night with bi-partisan support; it will now be part of the final Senate bill. Truly your voice made a difference.
This is an important victory but our work is not done. Other amendments are expected to be offered today which embody parts of the Fix Housing First plan and we need to support those as well. The plan is to have a bill on the President's desk by February 13, so our efforts this week will be concentrated on the Senate and next week on the conference committee process.
Today Senator Ensign (R-NV) will offer what he is calling the “Fix Housing First Act” (amendment #353) which is much broader than our agenda but does include a mortgage rate buy down program which could lower mortgage rates to as low as 4%. While the plan is not exactly what we have been advocating for, it is another step in the right direction. So please urge your Senators to support the amendment – particularly its rate buy down provisions.
CLICK HERE TO VIEW ALL THE UNITS FOR SALE IN THE FLATS AT RIVERWALK
The Flats At Riverwalk are located just inside Wildwood Park off Windy Hill Road and Powers Ferry Road...click here to see an aerial map view. The "flats" are adjacent to the 1200 acre Chattahoochee National Recreation Area. The Flats At Riverwalk garner an Atlanta address and are flanked by two other very prestigious and desirable Townhome Communities in Wildwood Park, namely Riverstone At Wildwood and Riverwalk At Wildwood and built by Ashton Woods Homes. Living in Wildwood is like living in a city park, with sidewalks throughout, and minimal traffic. Wildwood is, in my opinion a highly desirable place to live, surrounded with and wrapped in natural beauty yet all the conveniences of shopping and Cultural venues right around the corner with the ease of access to Interstates 75 and 285. The Flats at Riverwalk are located in two locations within the park; one section is just on the left when you enter into the park on Windy Hill and the other about 1/4 mile further in on the left. Both are nestled in the woods. The Community offers a private swimming pool and tennis courts. Each building consists of 4 stories and lend themselves to a traditional architecture with a touch of craftsman styling. If you are looking for either a one to three bedroom executive style condo with extremely favorable prices and situated in a most desirable and prestigious park then The Flats at Riverwalk should be on your "must see" list!
For a private viewing of this community and the surrounding area
LOOKINGTO SELL? call me at 770-309-5297 to find out what I can do for you...discover what "Superior Client Service truly is! the only Real Estate Advisor you will ever need!
A "THUMBS UP" AND MY CHOICE OF A "BEST VALUE" COMMUNITY TO BUY INTO
a Great place to live and very few foreclosures
The Highlands View Townhome community has, based on my review of other townhome communities in the area, held their value better than most in their price range in the general Cobb County ,GA area. A study of mortgages held on the properties, from a collective standpoint, show that the majority of owners have at least some equity in their homes, which in the current market means most owners made down payments on their homes and did not take out equity loans as so many have who own homes. The fact that they do have some equity is indicative of the kind of communtiy one should look to purchase in, in the Smyrna Vinings or greater Cobb County area. It also is indicative of fewer foreclsoures currently and makes the outlook for additional foreclsoures much slimmer...a good thing for current homeowners and potential buyers. As a matter of fact...a very good thing. It is important when purchasing in a townhome community to be aware of what homes have sold for and what the foreclosure history is, and why.
With some communities there is a pretty good chance that when buyers bought townhomes with interest only ARM loans and other insane loans like "option Arms" with zero down and builder paid closing costs, there will be more foreclosures as more owners will be upside down in their mortgages due to declined prices and having made no down payment. Beware and research the community in depth for upside down mortgages as chances are there will be several...a strong indication of future foreclosures or homeowners asking for more than the home will sell for. There are many contributing factors sto what makes a best value community and thus a home and the above are just a few.
Although there are other Townhome Communities that may be able to be considered "BEST VALUE" Communities, my current research of the Highlands View Townhome Community dicatates that I award it one of my "Best Value" resale TownHome Communities in the Smyrna Vinings, GA area This is a must see community if you are looking for a piece of the country just outside the city!
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.
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