10 Reasons to Buy A New Home
As a real estate broker AND a blogger, I pride myself in learning as much as I can as often as I can. And I like to then take that knowledge and use it to help my Buyers and Sellers make the right decisions.
In my quest for knowledge and information, I often find well written articles that are…well…well written. Like, I couldn’t say it better myself, if I tried.
Such is the case in this article by Brent Arends from The Wall Street Journal. He points out a list of reasons why to buy a new home. Quickly summarized…they are:
- You can get a good deal. (I know that’s right!)
- Mortgages are cheap
- You’ll save on taxes
- It will be yours (well, in 30 years)
- You’ll get a better home
- It offers some inflation protection
- It’s risk capital
- It’s forced savings
- There’s alot to choose from (heavy sigh!)
- Sooner or later, the market will clear
Read the entire article here. Certainly some food for thought in this one!
Are you looking for a condo or single-family home foreclosure in Midtown Atlanta, GA? The good news is, if you are looking for a condo, most of them will be in relatively good shape. I’ve not seen to many that required extensive repairs. Even if a condo has been vacant for sometime, it usually still had water service, but the power most likely has been turned off. If you are looking for single-family home foreclosures in Midtown Atlanta, GA you will want to proceed with caution. Many of these homes are much older, and “lack of use” could compound problems they may already have.
Once you find the home or condo in Midtown Atlanta, GA you are looking for, you will need to have a variety of inspections done, depending on whether it is a condo or single family home. The condo will likely require less inspections, but will require more knowledge about the condominium home owners association (HOA) and how financially stable they are. Condo owners pay a monthly maintenance fee to maintain the common elements (those areas of the building shared by everyone such as the pool, garage, lobby, etc) and if the community has not planned for a delinquency in these payments, they could have problems. Especially if it is a smaller community. I can assist you in obtaining that information in the time frame allowed within your contract. This time period, often referred to as the “due diligence” is the time you are allowed to complete inspections, assessments, finalize your financing and any other steps necessary to make sure the home or condo is in good condition and you are ready to move forward towards the purchase.
You might recall we had a lunch program this year, but it was located at the new Plaza at 15th Street. Of course, summer in Atlanta is NOT the time you really want to be out of your office. I certainly stay in unless I’m showing a Buyer a great condo deal in Midtown Atlanta.
It was no surprise to me when a review of my favorite Midtown Atlanta watering hole/restaurant, Gordon Biersch showed up on a Google Alert today. Of course it was favorable…..Gordon Biersch Midtown IS a great restaurant!
I’m sure you’ve noticed in Midtown….parking meters are now EVERYWHERE!! And there has been LOTS of confusion about the times you can park, and for how long! If you’ve had issues with this, now is your time to meet with representatives from the City of Atlanta and PARKatlanta!
Rental Insurance for your condo protects your personal property (clothing, books, computers, etc.) in the event of a fire or flood in your building. Remember, the problem may not occur in YOUR home, but in one above, next to or below you. In the case of water, it fill find any crack or crevice and run down. If your personal items in your condo or damaged, you need to have insurance to replace them.