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Thom Abbott, GRI
Thomas Ramon Realty
(770) 713-1505 Thom@MyMidtownMojo.com https://MyMidtownMojo.com
Listed by: Thomas Ramon Realty @Palmer House Properties |
Nearby rentals |
See on Scoop.it – Midtown Atlanta Conversations and Condos
An ambitious regeneration project in Atlanta can be a model for sustainable cities worldwide, writes Ryan Gravel. The Atlanta Beltline project is unmatched in it’s size and scope. Let’s hope Atlanta get’s this one right…from start to FINISH!
See on edition.cnn.com
You’re getting ready to buy a new home or condominium! How exciting! We have been working together for the past few weeks to find you the right home. And part of that process is having our Team help y0u get your mortgage. So, I’m often asked by Buyers, Does My Interest Rate Really Matter?
Well it sure does! Currently, interest rates are at an all time low…Like BELOW 3 percent! But what happens when the rates start to go up, and as they say, what goes down, must come back up! Wait, maybe that was the other way around? Anyways…
Take a look at this chart and see the difference in buying power between 3.5% and 5.5% —
$237 per month could certainly make difference in the type of home you buy. In fact, if $898 per month (not including the taxes and insurance) you would have to look at a home that is $50,000 less in price to still be in your budget. $50,000 in a house or condo price can be a world of difference as to what you buy.
If you have been “sitting on the fence” thinking about whether to buy or not, just keep in mind that if, and when, interest rates go up, your buying power and the size of your home, might go down.
If it was not for the fact that we are having extreme weather and events all across the U.S., I’d say leave it to Georgia and Atlanta to be 106 degrees one day (breaking any record temp ever set mind you!!!) and then have 3 inches of rain fall in less than an hour a couple days later! But there seems to be extreme weather all over. But when it rains 3 inches in an hour, NO Virginia, Your Car CAN”T SWIM!
I am amazed when on the freeways (or do we call them Interstates here?) around Atlanta and it’s raining that many drivers still think they are invincible with that 5,000 pound of metal and rubber surrounding them. Sadly, when the hit that standing water in the street or on the freeway, they are going to be in for a surprise! 1) they just might hydroplane their sorry a– into a median wall (and let’s hope and pray they don’t take out one or two other cars in the process, or 2) they are going to drown the engine and end up stranded.
When the heavy Southern rains arrive, you need to watch for standing water when on the road. If you think it’s to deep to cross, it probably is! There are several places I know of on a regular basis along the Buford Highway Connector and I-85 that will retain water if it rains very heavy for a period of time. But if you are not familiar with the road you are on, error on the side of caution, and turn around.
What’s the risk if you decide to be Jacques Cousteau and forge ahead? Well…..
Such damage to a car may, or may NOT be covered by your car insurance. These are most likely covered under your comprehensive coverage, one that you are not required to have.
So the next time you fly down I-85, remember, NO Virginia, Your Car CAN’T SWIM and you could be risking your life and those on the road around you!
Here is a great opportunity to live in Midtown Atlanta and be close to everything! This Cornerstone Village Midtown Atlanta condominium is available For Rent at $1600 per month!
The home has a loft-style feel with exposed brick wall and exposed duct work. Hardwood floors flow throughout the entire condo! The kitchen has a great breakfast bar, and is finished with maple cabinets, black appliances and granite counters. There is a laundry room AND a washer/dryer are INCLUDED IN THE MONTHLY RENT! AWESOME!
The split bedroom floor plan is great, but this is a loft-style and the walls do not extend to the ceilings.
Call today for your showing appointment on this great Midtown Atlanta Condo For Rent at Cornerstone Village!
We're sorry, but we couldn't find MLS # 5038164 in our database. This property may be a new listing or possibly taken off the market. Please check back again.
For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.
We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!
For a Quick Look at Midtown Atlanta Condominiums:
Midtown Atlanta High Rise Condominiums
Midtown Atlanta Mid Rise Condominiums
Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta
I’m contacted quite often by parents of GATech students as they weigh options for where their son or daughter should live while attending Georgia Tech. When considering those options, I’m asked about Condos For Sale Near the GATech Campus.
Students are required to live on campus the first year, and even if it was not, required, I’d strongly recommend it. I remember my college days and living in the dorms was how I made my first “group of friends” at both Montana State University and at the University of Houston. After my first year on campus, I then moved off to a rental apartment with someone I had met on campus. At the time I went to school however, BUYING something that I could live in was not an option. But, now it can be for parents of GATech students.
So, what about Condos For Sale Near GATech Campus? Well, first off, the availability of good condos under $100,000 is pretty much gone. If you are considering buying, we’ll need to bump up the price point. Now, to find a condo in a convenient location to the campus, it would be necessary to search in the $150,000-$200,000 range. Can you find under that price point? Maybe, but you then have to consider the location of the condominium and the building itself. You want to look at your costs NOW, but you also want to consider the saleability of the condo at the end of your son or daughter’s time at GATech.
Being close to campus is also important so your student can either walk, or make use of the Georgia Tech-provided transportation such as the Tech Trolley or Stinger. Parking on campus can be pretty expensive!
In searching for Condos For Sale Near the GATech campus, we might have to consider a short sale listing to get you a great deal! What is a short sale? The Seller of the condo is selling it for less than the mortgage balance and are asking their lender to take a loss on the loan. It’s a sometimes tricky process, but if you have an agent representing you as the Buyer (and we hope that would be ME!) and a Listing Agent that knows what they are doing, then the process can happen. But a short sale is anything but short when it comes to time! You should figure anywhere from 60-120 days to close on a short sale! But the wait may get you a condo that originally sold for $200,000 for $160,000!
I’m also asked about buying the condo, letting your son or daughter live there, and then rent it out once they leave. A very strong word of caution on that point!!! All Midtown Atlanta (an pretty much anywhere in Atlanta) condominium buildings have rental caps. This means they only allow a certain percentage of the homes to be leased at anytime. In order to lease, you must have a Home Owners Association (HOA) leasing permit. Without one, you can incur hefty fines if caught leasing illegally! And we don’t want you in THAT boat! Currently, most condominium buildings have a 3-5 year waiting list, if not LONGER for a leasing permit. That said, we will want to be able to have your condominium in a desirable location so that we can list it and Sell It!
I have had a couple parents suggest they will keep the condo for their own use once their student has finished school. That’s a great idea! If you live outside of Atlanta, Midtown Atlanta is the “heart of the Arts” with the High Museum and Woodruff Arts Center and the Fox Theatre all located right here! Maybe YOU are a GATech Alumni? Well, now you have a place to stay when you come back of the football games!
I’d be happy to answer any other questions you might have about Condos For Sale Near the GATech Campus. Feel free to call me or drop me an email! I’d also be happy to set up a search for you to look at condos around the campus area!
For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.
We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!
For a Quick Look at Midtown Atlanta Condominiums:
Midtown Atlanta High Rise Condominiums
Midtown Atlanta Mid Rise Condominiums
Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta
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