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Atlanta Condos For Sale

StreetLights Residential Proposes 26-story Tower at Juniper and 5th

June 12, 2019 by Thom Abbott

Another corner of Midtown seems to be headed to the winds of change…..StreetLights Residential Proposes 26-story Tower at Juniper and 5th!!

New apartment tower at St. MarksFirst, to give you your bearings as to where we are talking about, take a look at the map to the right….

There may be one house in the blue square (at the bottom) that may not be part of the site. 

This building will rise up some 299 “market-rate” residential units (would this mean a potential change to For Sale inventory would be possible?) over a seven-level parking deck to house some 568 parking spaces. It’s worthy to note that 150 spaces will be assigned to the adjacent St. Mark Church. There will also be a very modest 4,000 sq. ft of retail space.

The project went through the Midtown Alliance’s Midtown Development Review Committee this week. The DRC has some recommendations…

  • Moving the retail space to the corner of Juniper and 5th to take advantage of the pedestrian traffic along 5th Street
  • “strengthening the exterior design features” and work with the Atlanta City Design Studio due to the size of the building and the location next to the church. 

Here is the initial drawing of the building….(dwarfs the church for sure!)

 

Streetlights Midtown Apartment Proposal

 

 

 

 

 

 

 

 

 

 

 

 

 

Currently on the site you will find….

Juniper and 5th Apartment Building

The DRC report indicates the applicant will be back for another review after the above items have been addressed. 

Stay tuned! 

You can read the Midtown DRC report HERE! 

Filed Under: Atlanta Real Estate For Sale Or Rent, Atlanta Relocation, Blog, Midtown Atlanta, Midtown Atlanta Apartments, Midtown Atlanta News and Events Tagged With: atlanta relocation, midtown atlanta apartments, midtown atlanta real estate, News

Where Are The Photos On My Listing?

May 30, 2019 by Thom Abbott

Why Are there no Photos on my ListingThe main reason you hired me (or any real estate agent if you happened to find this article) is to Sell. Your. Home. Right? So you look on a major website and your first question is ….. Where Are The Photos On My Listing?

In marketing your home, it is my job, is to get as many people as I can to “see” your home, certainly by an actual showing on your home with a Buyers’ Agent  to see your home in person. But, there is another critical part of marketing your home…..know what that is?

It’s the photos! 

When we enter your listing into the  Multiple Listing Service (MLS) within 15 minutes, (sometimes less, and sometimes longer), your listing will be seen virtually around the world! Technology….absolutely fabulous, right?  Imagine that a home buyer in Seattle, Washington, looking to relocate to Atlanta, can be on any number of websites, and ..BAM! There is your listing. 

 

Where Are My Listing PhotosAnd before they even begin to read the description, they see ……THIS!

And THAT is the only photo on your listing for not ONE, not TWO, not THREE but FOUR days! Imagine your home is being marketed…..sort of? How is that Seattle buyer going to know if your home is “the one” when they can see nothing!!!!

FOUR DAYS of critical marketing time, that is sort of lost! Sure, a Buyer might remember to come back and look at this…. Or they may find “the one” on the next listing. And with homes going Under Contract in many parts of the Atlanta area in 24-48 HOURS, you are not going to be one of those. 

Even as an AGENT, I rely on the photos to determine if a particular home may meet my Buyers wants and needs. And I try to preview much of the homes and condos that I show. But if there are no listing photos for ME to look at, should  I spend  extra time going to see this home/condo, since I really don’t know what it looks like? Or, did you, Mr/Mrs. Seller just lose a potential showing on your home? 

Where are the photos on my listingOne of my key marketing strategies I review with all my Sellers is that, “You don’t get 50% marketing with me!” We advise our clients, that until we have your photography back from our photographer, your listing will not be entered. When your listing goes live, the photos are immediately entered after that. We want those photos on your listing before that 15 minutes mentioned above ever even passes. Now, it can take us longer as we do all the descriptions  to each photo. And if there are 25-40 photos, that can take some extra time. And you want us to spend that extra time to get that description right. Again, that’s what that buyer in Seattle will be looking at, and reading! 

Once you have completed preparing your home/condo for sale by decluttering, or if vacant, staging the home, we then have the photography done. Depending on scheduling, we hire a photographer or if  there are scheduling issues, we do it ourselves. (Hey, I’m a marketing professional…I’m good at what I do!) When I have those photos available, your listing is entered into the MLS. And not a moment before. Maybe another real estate professional says you need to be on the MLS immediately….I’ll agree to disagree strongly with that! 

So when you are talking with any real estate professional, you should ask/know how they do critical parts of their business (managing your listing) that will have a direct impact on your sale! 

For More Information about marketing your Atlanta home or Condo, please contact us! We’d be happy to discuss our Marketing Plans and how we will do the best for you! 

Filed Under: Atlanta Real Estate For Sale Or Rent, Atlanta Relocation, Blog, Real Estate Tips, Sellers Tagged With: Sellers, sellers tips

Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019

May 26, 2019 by Thom Abbott

Chamblee Official Newsletter Chamble SignalChamblee is a great community located along the Gold line of MARTA, North and slightly East of Midtown Atlanta. Once upon a time it was a sleepy town with it’s main street an example of what it was…Peachtree Industrial Blvd. But times have changed, and the Chamblee Signal -Official Newsletter of Chamblee is a great city publication about what’s happening in the city.

Here are the highlights of the May-June, 2019 issue:

Community Involvement in Comp Plan

A Comprehensive Plan is one of the most important documents any city can have in place. It’s the “road map” of where the city is headed in the future….the “vision” if you will. The first round of meetings referenced in the Signal happened earlier this month. You can learn more about the upcoming meetings and this process at OneChamblee.com 

Facade Grant Program

Started by the Chamblee Downtown Development Authority (DDA) five years ago, this program is instrumental to the revitalizing and redevelopment of the Downtown Chamblee area. You can learn more about the DDA at DowntownChamblee.com

2019 National Wiffle Championship

Ahhhh…..don’t really know what to say. Best read the Signal, and you will find a link to it below. 

PDK – A Hub for Business

Indeed, the SECOND busiest airport in GEORGIA sits right in Chamblee….Dekalb_peachtree, also known as PDK. While the airport primarily serves private aircraft, Ultimate Air Shuttle provides scheduled passenger service to Cleveland, Ohio and Charlotte, NC. 

Chamblee Dining on the Rise

Along with the new apartment buildings and Peachtree Station Shopping Center comes more dining options. From Bad Daddy’s Burgers to Chronic Tacos, Gu’s Kitchen, La Garde, The Alden and more….residents and visitors alike have many new dining options, and more will certainly follow as the Downtown area redevelops and the new apartment buildings open up. 

For all the stories in the  Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019, CLICK HERE!

If you are looking to purchase a new or existing home in Chamblee, give us a call at 770.713.1505. We’d be delighted to show you all the neighborhoods and various living options available to you! Or you can contact us here!

Filed Under: Atlanta Real Estate For Sale Or Rent, Atlanta Relocation, Blog, Buyers, Chamblee, Interesting Stories, Random Topics Tagged With: Buyers, Chamblee, Chamblee Business, Intown Atlanta Real Estate

HOA Rules and Regulations — The Pool

May 20, 2019 by Thom Abbott

Pool Rules and Regulations in an HOA CommunityIf you live in a condominium, townhome or single family neighborhood, you very well may have a pool. And we know some of you make regular use of this amenity, and others…well…they saw it the day they looked at the property. But in Hotlanta, a pool is a pretty nice amenity to have. But the HOA Rules and Regulations have to have some rules for the pool. 

And to share with the other 300+ homes in your building. Key word there is….share. Alas, but not everyone gets that part, or even still, not everyone understands what goes on with a pool. 

I thought I’d share some Pool Rules that we picked up from a condo community…with some commentary about each rule. 

Rules at the Pool 
In an effort to help promote safety and overall enjoyment of the pool for all residents, we ask that you please take a moment to familiarize yourself with some of the pool rules listed below. 

No Glass At The Pool – Glass is strictly prohibited in the gated pool area. This means no liquor/beer bottles, no wine bottles/glasses. No glass containers brought in via ice chest, cooler, tote.  No glass, period.  Aside from possible injuries, if glass breaks at the pool, the pool must be closed, completely drained for cleaning, inspected and cleared, then refilled. If this occurs, all costs will be passed along to the responsible party.

WHAT THAT MEANS — It can cost an HOA upwards of $5,000 to drain a pool, clean it, refill it, and have it treated again. Not to mention, the down time where the pool cannot be used AT ALL! Yeah, right smack dab in the middle of Summer Pool Season, your pool gets closed because some yahoo dropped a beer bottle. Moral to the story here — buy it in a can. If if don’t come in a can…your lazy behind will need to go up to your condo when you need a refresh. 

No Smoking At The Pool –  All forms of smoking are strictly prohibited in the gated pool area. There are designated smoking areas located near the planters at the exterior of the gated pool area.

WHAT THAT MEANS  — Not trying to offend any smokers, but it’s not a pretty habit. You got it. We understand. Just do it someplace else. And sadly, many smokers don’t think tossing that butt anywhere is littering…but it is. There are many examples of patio furniture with burn holes in them, and even fires in landscaping from people tossing butts of balconies. How about we not smell the smoke or see butts in the pool. (Well, we wanna see butts in the pool…just not THAT kind!)

Limit 4 Guests Per Unit –  For the enjoyment of all residents at the pool, each resident is allowed a maximum of 4 guests per unit at the pool. Guests must be accompanied by resident at all times. 

WHAT THAT MEANS  — You SHARE this pool. It’s not YOUR POOL. You can’t have a pool party and invite 10 of your friends. Why? Well, how’s about YOU come down to the pool and there is no place to sit, the pool is packed and 60% of those people don’t pay for that pool or pay your HOA fee, but you can’t use the pool? We get it….you’re popular and have lots of friends…but…you are going to limit them here. 

Music At The Pool –  As a courtesy to your neighbors, please keep all portable music devices at a volume that will not disturb others around you.

WHAT THAT MEANS — Whether you are into those noise cancelling headphones (that are now reminiscent of the 1970’s) or use Airpods, your music and your music tastes are…..just that. Your Music. 

Elevators –  Please be mindful of residents living on the xxth floor when going to the pool, or back to the elevators. Please keep all noises to a minimum, so as to not disturb your neighbors. 

WHAT DOES THAT MEAN — Most condo building pools are accessed via some floor that also has (gasp) actual homes and residents living there! So after you have had a few cocktails, we know the volume can go up…and if all your friends (Limit 4 please) are equally happy…well there goes the noise in the hallways. Let’s use our inside voices. 

As a reminder, when consuming alcoholic beverages, please drink responsibly. WHAT DOES THAT MEAN — Just what it says!

Any violations of the above rules and regulations may result in fines to the responsible units. 

WHAT DOES THAT MEAN — A fine. And some communities don’t mess around with their fine schedules. And….there ARE cameras. 

We appreciate everyone’s efforts in helping to maintain the pool as a fun and enjoyable area. 

Do these sound harsh? No. They should be simple common sense, but hey, not all of us have that. So we have to put rules in place so everyone can enjoy the pool!

Filed Under: Blog, Condominiums of Buckhead, Condominiums of Midtown, Condominiums of Perimeter, Random Topics, Real Estate Tips Tagged With: Atlanta Condominiums, condominium safety, Midtown Atlanta Condominiums, So You Know

Where And When To Hit The Streets For Food Trucks

May 6, 2019 by Thom Abbott

Where to Find Food Truck Locations in AtlantaSee on Scoop.it – Midtown Atlanta Conversations and Condos

Food Trucks in Atlanta are finally an accepted thing! Amen! But when and where ARE they? 

 Now, besides the numerous special events that food trucks will show up for, there are regular locations where you can find them:

Atlanta Food Trucks

Atlanta Food Truck Park — 1850 Howell Mill Rd NW, Atlanta, GA 30318  Wednesday 12-7pm

Brookhaven Food Trucks — The popular Brookhaven Food Truck Roundup, now entering its sixth season, returns to Blackburn Park, 3493 Ashford Dunwoody Road, on May 15. By changing the food trucks’ location this year to the north end of the park near the Blackburn Pavilion, the event now has the added bonus of bordering a brand-new playground to provide entertainment for the youngsters.

 

Filed Under: Blog, Interesting Stories Tagged With: odds and ends, So You Know

What Is Mortgage Insurance?

May 6, 2019 by Thom Abbott

PMI and Why I Have it On my MortgageAs you look to purchase your new home, you are going to see one of the costs of borrowing money will be mortgage insurance, or private mortgage insurance (PMI) Most likely, this will occur due to your amount of down payment and the interest rate on your mortgage. Let’s take a look.

Benefits of Mortgage Insurance

  • Flexible premium payment options (your lender may have numerous options available)
  • Premium Payments are temporary – PMI can be cancelled once your home reaches an 80% loan to value ratio
  • Ability to buy your home sooner with as little as 3% down payment (this will depend on other factors)

FAQ’s about Mortgage Insurance

How much does PM cost?

The amount will vary based on your loan terms. You need less PMI with 15% down payment than you do with a 3% down payment. And it depends on the type of mortgage and other factors. Your TEAM Lender can provide you with specific payment amounts. 

Won’t PMI Increase my mortgage payment?

While there is an added cost to PMI, it’s a small percentage of your overall mortgage payment. Most of it will be determined by your interest rate, and the loan amount.

Do I pay PMI for the entire time I have a Mortgage?

Thankfully, no! YOu can request to have PMI removed from your mortgage when your loan balance hits 80% of your original appraised value. Additionally, the FHPA (Federal Homeowners Protection Act) requires that mortgage insurance be automatically cancelled when your balance reaches 78%. This law may or may not apply to your mortgage….and you will want to discuss this with your lender. 

At your closing (we like to call it a Celebration!) your lender must provide you with information about the mortgage insurance on the loan, and the conditions when you can cancel it. Furthermore, each year after you close, your lender must send you a reminder about PMI and that you can make that cancellation request once the conditions have been met. 

Why do Lenders need Protection?

One need not look any further than the housing crash for this answer! But, to be more specific, it protects your mortgage company or bank if you are unable to continue making mortgage payments. 

Studies have shown that homeowners with less than 20% invested in a home are more likely to default. It makes a loan with a lower down payment a higher risk. This should not be read that ALL home buyers with less than 20% are going to be a problem!! But you know how statistics work……not always in your favor. And you should not let this deter you from buying a home. MANY buyers buy with less than 20% as a down payment. 

How Do I Pay PMI?

It is usually a part of your monthly payment, but can be paid in a single premium and financed as part of your mortgage. Again, your TEAM Lender can answer these questions, based on your specific situation. 

The Consumer Financial Protection Bureau has more information about Mortgage Insurance HERE.

And one of our TEAM Lenders, Movement Mortgage has a great article HERE.

Every Buyer and their situation, and every mortgage can be different. This is why we strongly encourage you to meet with a lender early on in your home search process to know what your specific situation is. Your lender can look at numerous options for you, and even suggest ways to lower these amounts. 

We always say that it is OUR job to help you find the right home at the best possible price and terms, but it is your LENDER that helps you pay for it. 

Filed Under: Blog, Buyers, Random Topics, Real Estate Tips Tagged With: Buyers, Intown Atlanta Real Estate Buyers Guide, mortgage, real estate FAQ

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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