The best of times, the worst of times!

By
Real Estate Agent with Atlanta Fine Homes / Sotheby's International Realty

I held an open house yesterday for a foreclosure going to auction in Cherokee County GA.  I met so many people and the moods were from one extreme to the other.  

One young couple I met were looking for their first home and are just elated with the home that they can now purchase as a starter home, and the interest rates they are able to obtain.  Those are the people that keep me upbeat in this market!

Then the neighbor and his father came over to talk.  They wanted to know what was going on with the home.  When I told him that the home was now under auction terms and what the starting bid would be, he was visible upset.  His father said that they should just burn it to the ground(hope he was kidding). I tried to do my best to assure them that we would see this market stabilize and reasonable values return.  I also told the father (torcher) that this was a government owned home and that as a tax payers we would ultimately be paying for any damage to the home.

Then I met another neighbor who had the right attitude.  He was going to the auction and try to buy the home as an investment property.  He realizes that his neighborhood is a great place to live and that he should take advantage of this opportunity. Turning lemons into lemonade (my favorite drink right now).

This market won't last forever, and I hope that more people see what most of my visitors yesterday did, that now is the time to buy!

 

 

Comments (4)

Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Linda, you are correct.  This market won't last forever, and no amount of negativity (like that from the "torcher") is going to change it.  Best of luck with the house.

Mar 06, 2011 11:50 AM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

By the way, I see you are an Active Rain Newbie !  So... Welcome to Active Rain.  I am glad you're here !  This is a great place to be, a great place to meet people, to learn and to share, and... if you are consistent in your blogging... a great place to gradually grow your business.  Again... Welcome !

Mar 06, 2011 11:51 AM
Linda Jones
Atlanta Fine Homes / Sotheby's International Realty - Canton, GA
Realtor

Karen,

Thanks for the hints and encouragement, I have been reading the blogs on AR for a while.  Just finding my voice as a blogger.  I will definantely check out your information for newbies.

Thanks

 

Mar 07, 2011 05:55 AM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Linda, I think reading as many blog posts as possible is a great way to learn to feel comfortable with actually WRITING blog posts.  I can remember when I started... it all seemed kinda scary, too.  Remember... it's really hard to learn to swim if you never get into the pool. 

Also, when you are reading the posts of others... try and comment on as many of them as it makes sense to do.  Just the leaving of comments will get you noticed, and also cause those whose posts you comment on, to come back to YOUR blog, and comment on your posts, as well.

And... thanks for subscribing to my blog.  I look forward to you joining in on the comments when you read my posts.

Take care... and have a Great Week !

Mar 07, 2011 10:30 AM