So You Like Lease/Purchases? - 03/28/12 05:03 AM
I've done several lease/purchases over the last few years. I used to be in the commercial equipment finance business, so leasing and the contracts is something with which I'm familiar. Most of them are a bandaid on a broken leg for sellers, since the sale usually craters.
However, I know of a case recently where a developer was doing lease/purchases, with the contracts written by someone I know. Part of the monthly rent and deposit were to apply to the sale price.
In steps the government to help us again. The FDIC decided to shut down the lender, and determined that the loan … (2 comments)

"They're at the Post!" - 03/24/12 06:06 AM
Any fan of horse racing recognizes that when the announcer says "they're at the post", his voice creeps up steadily until the field crosses the finish line. It is the most exciting part of the race, when the field spreads out for the home stretch.
Four years ago, listing agents went through the tedious procedure of adjusting sellers to the idea the market dynamic had shifted. They were not only not going to reap a huge profit on the sale, they were probably going to get killed! We have since gone through the painful process of having buyers strut through properties, nit-picking, and … (29 comments)

Playing Locksmith - 03/17/12 07:01 AM
Sometimes I feel like buyers think our job is to unlock the house for them. They get in their mind what they want to do, ignoring the market, and pay no attention to someone who has been working this market for over ten years.
I am currently working with a couple who is totally wasting my time, and I'm about ready to fire them. They have the attention span of a magpie, and their favorite pastiime is wasting gas and time. In the meantime, my business is getting red hot while they keep dawdling around. We found the perfect home fresh … (2 comments)

Jasper ArtFest - 03/02/12 04:59 AM
For those who live in or plan to travel to North Georgia in April, plan to attend Jasper ArtFest in Jasper, Georgia on April 21-22.
This is a juried art show and sale, and also features performing arts, Art of the Auto (antique cars and trucks), childrens art activities, the Kudzu Kreation, mountain craft demonstrations, and the Optimist Club Flapjack Run (5K) for charity, and great food.
There is no admission charge. Go to www.JasperArtFest.org for more information.
… (4 comments)

New North Georgia Attraction - 03/02/12 04:51 AM
For those living or planning to travel to North Georgia, make plans to see Gibbs Gardens in Ball Ground, GA.
Gibbs Gardens just opened on March 1, and is the culmination of 40 years of planning and hard work. Southern Living voted it the best daffodil garden in the country. Over 300 acres, it takes several hours to tour the various garden venues.
Go to www.gibbsgardens.com for more information.
… (1 comments)

 

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