For Buyers Category

Interested in New Home promotions in and around Gwinnett County, GA?

I have just rolled out a system to update YOU when there are promotions in new home communities in and around Gwinnett County, GA. There are days I get 6 or 7 notices from builders and developers, and there are weeks when there aren’t any… But, as soon as I get them, I will forward them to my new toy platform. Read the rest of this entry »

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New Homes Around Gwinnett County

New Home Deals
Image by lane.bailey via Flickr

There are still some new home developments going up around Gwinnett County, GA.  Even though we keep hearing on the TV and radio that new construction has all but stalled, it hasn’t completely stopped.

And, December is traditionally the slowest month of the year for homes to go under contract (January is the slowest for closings…).  So, there are a number of builders that are offering incentives for buyers during this time of year. Read the rest of this entry »

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Where in the World is Lilburn, GA?

And more importantly, why does it matter?

A little about Lilburn…

Hello...Lilburn is a little city in the suburbs of Atlanta, GA, in southern Gwinnett County.  It is the home of Parkview High School and Berkmar High School.  And while the City of Lilburn has about 11,000 people (as of the 2000 Census… it has grown since then), there are a couple time that many people with a Lilburn mailing address.  In fact, the most recent numbers show over 53,000 people residing in 30047, Lilburn’s ZIP code.

The City of Lilburn was founded by the Seabord Airline Railway in 1890, but it was previously called McDaniel (until around 1900).  It was renamed in honor of Lilburn Trigg Myers, a Superintendent of the railroad, and incorporated on July 27th, 1910.  In the 1920s, Lilburn suffered a devastating fire, then the boll weevil killed the cotton crop in the area. The result was that shortly after the stock market cresh of 1929, the government “ceased to exist”.  It wasn’t until a new water line was needed in 1955 that the city government was re-organized. Read the rest of this entry »

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Absorption Rate? What is this about?

There are some terms that we toss around in the real estate industry as if people knew what we were talking about…  Absorption Rate is one of those terms.

It isn’t complicated, but if you are unfamiliar with the term, if can be confusing.  And unlike “Bacon Double Cheeseburger”, it isn’t really self explanatory.

What is Absorption Rate? Read the rest of this entry »

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Job Loss/Mortgage Payment Insurance for Buyers!

We are pleased and excited to announce the roll-out of a new program for buyers…  Job Loss Insurance.

This is a cool program to take a little bit of apprehension out of buying a home.  In effect, it is an insurance policy that protects the buyer in case of job loss.  The policy will make up to 6 payments during the first year of ownership if you lose your job involuntarily (two periods up to 3 months each).  It is available with coverages up to $2000/mo. Read the rest of this entry »

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Is this the time to buy your first house?

The effective federal funds rate charted over ...
Image via Wikipedia

Maybe… Maybe not…

Make no mistake, there are some deals in the market. And combined with the $8000 First Time Home Buyer Tax Credit (FTHBTC), this can be a great time to buy a first home. Interest rates have remained low… despite a LOT of predictions to the contrary. In fact, with a projected deficit THIS year of $1.8T for the federal government, there is still an expectation that rates will have to rise because of the pressure on the available investors. Read the rest of this entry »

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Deal or No Deal…

It isn’t just a TV show with Howie Mandel and a bunch of hotties holding briefcases.  It is daily life in real estate…

And one of the issues that buyers face is the Deal or No Deal mindset.  It boils down to this… Read the rest of this entry »

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Mold, not just for bread and cheese anymore…

Moldy nectarines that were in a refrigerator. ...

Image via Wikipedia

Ok, mold has NEVER just been for bread and cheese.  and while it can be useful stuff… when it is penicillin… the rest of the time, it is NOT something we want in our bodies.

So, Mold and Real Estate?

I’m seeing it more and more.  Actually, it started a few years ago, but as more foreclosures come on the market, mold gets to be a bigger issue. Read the rest of this entry »

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Deals in Bankrupt Subdivisions?

I recently took some buyers out looking at houses in an area with a lot of bankrupt subdivisions.  The houses were, in many cases, quite attractive and priced very competitively.

But there are a lot of considerations that buyers need to weigh before buying a home in a subdivision where the developer has gone out of business… Read the rest of this entry »

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Police Response time… 15 minutes.

The listing said to call before visiting the home.  The listing sheet said that the alarm code was in the lockbox.  I called… the agent reiterated that the alarm code was in the lockbox.

The house had a keypad deadbolt.  The lockbox contained a code that accessed the deadbolt.

It was NOT the same code as the alarm… The alarm code was Read the rest of this entry »

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