Foreclosures Explained by Ana Hodge, your Marietta GA Real Estate Consultant with Atlanta Communities. Serving home buyers and home sellers in Marietta, Kennesaw, Acworth, Dallas, Smyrna and Powder Springs There are a lot of alarming statistics out there about foreclosures. … Continue reading
I came across this article and thought that many of us could benefit from it. While making improvements and keeping our house in good condition is vital when resale time comes around, the truth is that many buyers wont even consider buying your house if your neighborhood is not well kept. So take the time to drive around your neighborhood and stay current with your HOA plans. Trust me, it is in your best interest.
Bad Neighbors Can Decrease Property Values
Daily Real Estate News | Thursday, January 31, 2013
A bad neighbor can bring down the value of a home, possibly by even up to 10 percent, according to the Appraisal Institute.
“I’ve seen many situations where external factors, such as living near a bad neighbor, can lower home values by more than 5 to 10 percent,” says Richard L. Borges II, president of the Appraisal Institute. “Home owners should be aware of what is going on in their neighborhood and how others’ bad behaviors could affect their home’s value.”
What qualifies as a bad neighbor — or “external obsolescence” in appraisal speak? Home owners with “annoying pets, unkempt yards, unpleasant odors, loud music, dangerous trees and limbs, or poorly maintained exteriors,” according to the Appraisal Institute.
The organization recommends home owners take action. For example, banding together with other neighbors to approach the “bad neighbor” together and check if the home is violating any municipality codes or subdivision restrictions that you can report. In some cases it may be worth hiring an attorney. “If all else fails, the cost of an attorney likely will be less than the home’s potential loss in value,” according to the Appraisal Institute.
Source: The Appraisal Institute
If you’re looking to improve the appearance of your home for resale in Cobb County, or you just want an updated look for your own enjoyment, there are a few things you must consider before beginning any costly project. Sure, … Continue reading
Biding wars continue to get worse in some areas. Another reason why you need a professional on your side!
Tight inventories of for-sale homes all over the country are to blame for the biding wars on homes for sale in recent months. Buyers in the Cobb County and Atlanta metro areas in general are competing with investors and other cash buyers that are ready to snatch a good buy before home prices climb again.
The situation is causing frustration for people as they face rejected offers and are forced to get competitive by in some instances having to offer above listing price in order to secure a contract. According to the California Association of REALTORS®, as cited in Realtor.com, Daily Real Estate News, “nearly six in 10 homes were selling with multiple offers because of tight inventories.”
For buyers this mean that now more than ever they should seek the assistance of a professional Realtor to help them understand the market and be competitive as they approach the home buying process.
For sellers or anyone waiting for the right time to sell a home, this are very encouraging news as we enter into the new year. Homes are receiving an average of four offers, according to CAR’s 2012 Annual Housing Market Survey report. Forty-one percent of homes are selling without a discount too, which marks the highest number since 2005.
Provided by Ana Hodge with Keller Williams Signature Partners.
Whether you live in Cobb County, Dekalb, or Fulton, we all look forward to the new year to accomplish some goals. Some lists are longer than some others; however, most of them are made of personal and professional goals that we would like to accomplish. Here are a few ideas to help you stay on track and make 2013 a very successful year.
New Year’s resolutions often begin with “I will lose five pounds” or “I promise to quit smoking.” But, without keeping the following suggestions in mind,
your resolutions may become nothing more than fodder for frustration.
You must think through what you want to change and commit yourself to the long-term process. You then need to come up with a realistic plan to help you reach your goals. For example, if you want to shed some pounds, create a weight-loss schedule and an achievable diet and exercise plan. If your family and friends are supportive, tell them about your goals. They can provide encouragement and reinforce your commitment to change. If necessary, seek professional help to assist you.
Be prepared for setbacks.
Don’t think of them as complete failures, don’t dwell on them, and don’t let them make you give up your goals. After a setback, try to get back on track to reach your objective. Plan ahead on how you’ll deal with setbacks. For example, if you do have a cigarette when you’re trying to quit, your plan may include reviewing all the reasons you listed for wanting to stop smoking and why reaching that goal will make you happy.
Track your progress.
Motivate yourself by celebrating your successes and by getting positive feedback from supportive family and friends. A good approach is to evaluate yourself every week or two. However, don’t over-monitor yourself by doing a self-assessment every day. That’s just likely to end in frustration. Don’t compare yourself to others. Accomplish your goal in a way that’s best suited to you.
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This short video will hep you understand a short sale, one of the most popular options homeowners are using right now to avoid foreclosure. Looking for different options? A real estate consultant can provide answers to your questions. Call me today if you are interested in learning more about this process or any other involving real estate.