Late last fall I was contacted by a woman who’d been surfing the web looking for a local short sale expert…when she came across info about my track record of success in the Atlanta area. We discussed her situation over the phone – 2 years after being laid off, she’d thrown her hands up and admitted she needed help and had to get rid of the burden of her home mortgage. My only disappointment in the whole situation is that she hadn’t contacted me earlier, as she’d been pulling money out of her retirement fund to pay the … (1 comments)
I was contacted by a woman in the Fall about a few homes in the Kirkwood & East Atlanta neighborhoods that her mother had owned. Now, as the executor of the estate - it was time to sell them and move on. She'd seen my signs in the area & decided to give me a call. I'm not sure there are too many realtors willing to deal with the banks in a situation involving multiple liens and small properties (each less than 80k). The outstanding loan balances on her mother's former primary residence was well more than double the … (0 comments)
Less than 20% actually set goals, only 4% actually WRITE them down, and not too surprisingly only 1% actually achieve their goals....it's not hard to identify who actually accomplish what they envision.
If you haven't made a vision board for 2011 & the next 5 years I'd encourage you to do so and shed the limiting beliefs that will keep you from making your dreams a reality. … (2 comments)
east atlanta: Persistence & Dedication payoff.....
- 12/17/10 05:15 AM
A few years back there was a couple attempting to sell their home "For Sale By Owner" - they just didn't know the #'s exactly (although they were relatively close compared to most FSBO's) or have the time/energy/resources/experience to market the home property. They tried for about 8 months & I'd call or drop by to give them something regarding the home-selling process every few week. Then it happened - I got the call that they were truly serious & wanted to sell asap. It was time for professional help. We discussed the components that they needed to address to make … (1 comments)
east atlanta: Enjoying All Atlanta Has to Offer on a Budget
- 11/03/10 07:21 AM
There are countless people looking to save $$$, especially in the current economic climate. While I usually focus my energy on finding deals for my clients in the form of foreclosures & short sales in and around Atlanta, when I do have some downtime - I still love a great deal.Why pay retail when you can pay so much less to pay to do the same activities?Honestly, these websites haven't just saved me a tremendous amount of money, they've enabled me to explore new parts of this city - trying new restaurants, different types of special cultural events, and cross some … (0 comments)
east atlanta: When Losing Is The Best Idea
- 10/14/10 05:10 AM
In December I helped a group of investors acquire a property in East Atlanta - a modest 3/1 that could be easily converted to a 2/2 without needing to do an expansion. They have a substantial background in contractor work but not in flipping, so this was a different approach.The goal was to have the project renovated by Mid-March/Early April in plenty of time for the home-buyer tax credit. Unfortunately, other components outside of this project delayed the timeline substantially was slowed. The project was slated to be sold just above or below 200k as other recent comp's supported that value … (2 comments)
As the 1st quarter comes to an end people continue to have questions and doubts about the real estate market. It’s been said that adversity doesn’t build character, it reveals character. We’re proud to say Michael Neville ranked as the #1 agent in Keller Williams Atlanta Midtown for 2009 and Michael Neville & Associates has closed 400% more in the 1st quarter 2010 than 2009, despite the regional numbers actually being down for January and February in Metro Atlanta. We are well on our way to being the #1 team in Keller Williams Atlanta Midtown for 2010. Heck, we … (1 comments)
east atlanta: Gone before it ever truly hit the market!!!!
- 12/15/09 08:46 AM
A few months ago I wrote a post about 2135 Brannen Rd, an outdated 3/1 in Bouldercrest Acres that would be converted into a beautiful 3/3 in only a few months. Not too surprising, the fact that we listed the property for just under 150K at $149,900 with granite countertops, stainless steel appliances, hardwood floors & mechanical/electrical/plumbing -- it's under contract before we even put it in FMLS/GAMLS or completed the finishing touches. Buyers & Agents know that if you are going to find a brick home fully renovated with at least 3 bedrooms and 2 baths in a decent neighborhood, … (0 comments)
As the demand for East Atlanta continues to grow the need for more quality homes at an affordable price expands. This has many who may not be able to afford purchasing within walking distance of East Atlanta Village looking just a little farther down the road (Flat Shoals Rd. to be exact). People may not be able to spend $250,000 for a nicely updated 3/2 but they can come 2 miles down the road and afford $150,000 on an almost identical home. Well, as you leave "City of Atlanta" taxes while still being coded Atlanta on your mailing address … (1 comments)
east atlanta: Short Sale Completed - Another East Atlanta Home Sold By Michael Neville & Associates
- 10/26/09 12:22 PM
Well, After 3 other agents failed to sell 2141 Stockbridge Drive Atlanta, GA 30316 in the East Atlanta neighborhood I received a call from the Seller saying she was frustrated and didn't know what to do with the Short Sale process. After a quick Q & A session it became clear to me that the Seller had not been dealing with serious agents committed to the process, no intimate knowledge of the neighborhood (1 of them lived over an hour away!!), or experience in knowing how to successfully navigate a short sale of this type. Every Short Sale is different. … (2 comments)
east atlanta: Fully Approved Short Sale in East Atlanta Village!!! 4 bed/3 bath w/2 car drive under garage for only $264,900
- 08/10/09 07:13 AM
FULLY APPROVED SHORT SALE - Must Close by 9/25/2009!!! 4 bedroom / 3 bath with 2 car drive under garage - built in 2005 - virtually brand new in East Atlanta!!!! This is an incredible deal! It sold for $400,000 in 2008. Stainless Steel Appliance, Granite Countertops, Island, Hardwoods, Fireplace, Office, Walk-in Closets, etc. Instant equity & modern conveniences - an incredible value for some lucky homebuyer, who might also benefit from the Federal First Time Homebuyer $8,000 tax Credit & The $1,800 state tax credit b/c this property was previously listed by other brokers well above $300K. This is … (0 comments)
east atlanta: Fully Approved Short Sale in East Atlanta Village!!! 4 bed/3 bath w/2 car drive under garage for only $264,900
- 08/10/09 07:12 AM
FULLY APPROVED SHORT SALE - Must Close by 9/25/2009!!! 4 bedroom / 3 bath with 2 car drive under garage - built in 2005 - virtually brand new in East Atlanta!!!! This is an incredible deal! It sold for $400,000 in 2008. Stainless Steel Appliance, Granite Countertops, Island, Hardwoods, Fireplace, Office, Walk-in Closets, etc. Instant equity & modern conveniences - an incredible value for some lucky homebuyer, who might also benefit from the Federal First Time Homebuyer $8,000 tax Credit & The $1,800 state tax credit b/c this property was previously listed by other brokers well above $300K. This is … (0 comments)
As the weather gets hotter, so do the deals that we are putting together for our clients. This love home just closed last week. How often do you think you'll be able to get a fully renovated 3/2 brick ranch with a basement, granite counters, stainless steel appliances, & custom cabinetry for only 223K only seconds from downtown Atlanta - less than 1 mile from the incredibly vibrant & ecclectic East Atlanta Village & Brownwood Park? Well, unless you have a time-machine to take you back 10 years - the answer is - there hasn't been one recently, except … (0 comments)
Another great reason to come hang out in East Atlanta Village. The combination of Corndogs, Beer, Sun & Live Music should make this weekend a great time. Not to mention the Corndog Eating Contest, Carnival Games - World's Strongest Man Contest, Pie Throwing Contest, Pickle Eaters, A Bake Off, Street Performers -- good times in an ecclectic area. 50 Bands and Carnival like atmosphere with a Twist. Here's a message from the Founder of the Event: "CORN-DOG-O-RAMA MUSIC FESTIVAL 2009: YES, WE CORN! We're back! A Homecoming to East Atlanta! It's true! This year brings what Atlanta has … (0 comments)
This is quite possibly one of the coolest events of the Spring Season in Atlanta. There's 120 Beers to sample between 1-6 pm in the East Atlanta Village on May 30, 2009. The event is in the heart of the East Atlanta Village Commercial District at the intersection of Flat Shoals and Glenwood (Just off I-20 Moreland South exit). This is sure to be a blast & benefits a number of Non-Profits trying to positive impact the community. The 6th Annual East Atlanta Beer Festival is looking for you to help make the day great and the community … (1 comments)
east atlanta: 4 Multiple Offer Situations in One Day - the Market is Picking Up!
- 05/14/09 08:38 AM
Yesterday, I ran around Atlanta delivering certified checks, writing contracts, & gathering signatures on addendums in order to meet "Highest & Best" Deadlines in multiple-offer situations on Bank Foreclosures. The properties ranged from Cash Investors looking in Bouldercrest Acres, East Atlanta, and Kirkwood, to first time home-buyers making offers in Grant Park to Alpharetta. It was INSANE! 12 pm deadlines, 5 pm deadlines, 12 midnight deadlines, WOW -- the blood was pumping & buyers were nervous "Would they get it?" "Did they offer enough?" "Did they offer too much?" - Consulting, providing market analysis's, double-checking conditions & terms. Heck, there were … (0 comments)
east atlanta: $14,000 to assist in buying Georgia Foreclosures + $8,000 Fed Tax Credit + $3,600 Ga Tax Credit = $25,600 for some very smart homebuyers
- 04/04/09 07:23 AM
Georgia DCA Neighborhood Stabilization Program If you are considering being an owner occupant buyer on a foreclosure in the Atlanta, GA area – there is special program for you that allows you to obtain $14,000 Georgia Dream NSP loan for a down payment or repairs in the form of a lien which is released over a five year period. Basically, as long as you own the home for 5 years – it’s FREE MONEY! This program is designed to eliminate the number of foreclosures in our market, stabilize/improve neighborhoods, and stimulate the economy. Now if you think about the … (0 comments)
east atlanta: Additional Homebuying Tax Credit in Georgia - now possibly up to $11,600 in government credits for Buyers
- 04/04/09 06:52 AM
The Georgia Senate passed a version of H.B. 261 allowing Georgia home buyers to receive a tax credit of up to $3,600 (or 1.2 percent of the purchase price, whichever is less). The credit would not exceed $1,200 per year and any unused portion can be carried forward for two years. Georgia residents who buy a home would get a three-year tax credit. Under the bill, home purchasers would receive income tax credits of up to $3,600, up to $1,200 for each of three years. In order to qualify, homeowners would have to apply for the credit within six months … (0 comments)
1421 McPherson is a fully renovated down to the studs 3/2 spacious bungalow with new 200 amp electrical service & wiring throughout, new plumbing throughout and to the street, and completely new HVAC system of duct work, furnace & condenser, and features a Tankless water heater The home has a large front porch along with an oversized private back party deck within the fully fenced-in backyard oasis The master suite features walk-in his & her closets It also has tiled baths, new hardwood floors throughout, granite countertops, … (0 comments)
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