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Atlanta Condos For Sale

Most Expensive and Largest Home in the World

October 26, 2010 by Thom Abbott

Most Expensive and Largest Home in the World

It’s probably a well known fact that American’s seem to be known for being excessive. Hence, why many parts of the world seem to hate us and be hell bent on destroying us.

I’ll admit, I have absolutely NO need for a Chevrolet Suburban, but given the money, I’d drive one in a second. They are just beautiful….but do I need a monster like that for ONE person? A Smart Car would probably be the wiser choice.

Well, the 4th richest man in the world has finished his family home in Mumbai, India. It’s a cozy….

398,000 SQUARE FEET!!!!!

I’m not one to “borrow” pictures I don’t own, so you’ll just have to see it for yourself!

Filed Under: Interesting Stories Tagged With: So You Know

10 Reasons To Buy A New Home

October 26, 2010 by Thom Abbott

10 Reasons to Buy A New Home

DetectiveAs 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:

  1. You can get a good deal. (I know that’s right!)
  2. Mortgages are cheap
  3. You’ll save on taxes
  4. It will be yours (well, in 30 years)
  5. You’ll get a better home
  6. It offers some inflation protection
  7. It’s risk capital
  8. It’s forced savings
  9. There’s alot to choose from (heavy sigh!)
  10. Sooner or later, the market will clear

Read the entire article here. Certainly some food for thought in this one!

Filed Under: Buyers, Interesting Stories Tagged With: midtown atlanta real estate

Midtown Atlanta Foreclosures, Midtown Atlanta GA Real Estate

October 5, 2010 by Thom Abbott

Midtown Atlanta Foreclosures, Midtown Atlanta, GA Real Estate

Midtown Atlanta Condo ForeclosuresAre 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.

There are numerous ways to look for a foreclosure in Midtown Atlanta, GA. You can look at the current condo foreclosures and single-family foreclosures yourself. (Note, if these searches are not working, please feel free to use the Search For Homes feature above, or just contact me and I will be happy to give you an updated list. Currently in Midtown Atlanta, GA there are 54 condo foreclosures/lender owned properties and 14 single family homes. BOTH of these numbers are down slightly from May when we last wrote about foreclosures in Midtown Atlanta, GA. Condo prices range from $1.375 Million to $29,999. (This low priced condo is actually outside of Midtown Atlanta…I happened to search today by our primary zip codes for Midtown. Single-family homes range in price from $1,950 Million to $85,900. (This low priced home is actually in Old Fourth Ward, again I searched by zip codes which will take one out of Midtown Atlanta proper.) You can also find foreclosures listed at online auction sites and Craigslist and I would be happy to help you purchase any of these great values.

To begin the process of buying a condo foreclosure in Midtown Atlanta, GA, you first need to be pre-approved for a mortgage. Why? Because many foreclosures, if priced right, will move quickly and you will want to know how much you can afford and how much you are willing to spend, AND be ready to act quickly. These two numbers may not always be the same. I would first suggest you contact my preferred lender, Brian Dover with Sharpe Mortgage. Brian knows the condo market in Midtown Atlanta, GA and will get you started on the right track and both of us will get you to the closing table!

Foreclosure Condo To Do ListOnce 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.

I have sold several foreclosures in Midtown Atlanta, GA and the buyers are very happy home owners, enjoying the condo life and living in Midtown Atlanta, GA. Keep in mind, there can be other condos or single family homes on the market, and NOT in foreclosure that could also be an option for you as a Buyer, if they are priced right.

If you are interested in purchasing Midtown Atlanta, GA real estate or a foreclosure in Midtown Atlanta, GA click on the link above, “Ask Me A Question” or call me at 770-713-1505. I would be happy to answer any questions that you might have!

Filed Under: Condominiums of Midtown, Market Reports Tagged With: foreclosures, Midtown Atlanta Condominiums, midtown atlanta condos for sale, midtown atlanta real estate

Fall Friday Lunches In Midtown Atlanta From Midtown Alliance

September 22, 2010 by Thom Abbott

Fall Friday Lunches In Midtown Atlanta From Midtown Alliance

Like we need a reason to get out of our office or condo in Midtown Atlanta!

CakeYou 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.
Well, Fall is officially upon us, so we are hoping for cooler temps during the day….but that will probably be a couple more weeks.  But it is a good time to get out, and the Fall Friday Lunches In Midtown Atlanta. These are being held at the Bank Of America Plaza on North Avenue and Peachtree Streets.
I’m going to try and make this week…Hope to see you there!
Sponsored by Arborguard Tree Specialists
Bank of America Plaza (North Ave & Peachtree), 11:30 a.m. – 2 p.m.
September 24:
Lunch provided by TAP
Live music by Jay Memory
MENU:
Ham & Cheese Panini
Turkey Club
Chicken Caesar Salad
Grilled Chicken Greek salad
All items are $7; assorted drinks $1 each

Filed Under: Events Tagged With: midtown Events

Gordon Biersch Midtown Scores Great Review

September 12, 2010 by Thom Abbott

Gordon Biersch Midtown Scores Great Review

Gordon Biersch Midtown AtlantaIt 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!

One of several posts I have written about Gordon Biersch appeared in September, 2009 on my other blog, Midtown,My Town, Atlanta and MORE My good friend, Elizabeth from Huntsville, AL was in Atlanta and we had a delightful evening of food and conversation!

If you are in Midtown Atlanta, and looking for exactly what you want in a restaurant — a great dining experience, good food, great beer, and excellent service….look no further!

Here is a link to the Atlanta Food Critic’s review

Filed Under: Midtown Restaurants and Business Tagged With: Midtown Atlanta Business, Midtown Atlanta Restaurants

PARKatlanta to Meet with Midtown Neighbors

September 11, 2010 by Thom Abbott

PARKatlanta to Meet with Midtown Neighbors!

Midtown Atlanta Parking MetersI’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!

Please note below they ask you to submit questions in advance for the sake of time. (Or maybe to keep the audience for rioting over this hot issue!!!)

Dear Midtown Neighbors,

Please join us for a meeting with PARKatlanta, Alex Wan, and city officials to discuss the City’s Parking Program on Wednesday, September 15th at 6:00 pm in the Grady High School cafeteria. Please park in the 8th St. parking lot, and enter the cafeteria through the 8th St. entrance. (Grady HS is at 929 Charles Allen Dr., Atlanta, 30309)

This is an opportunity to ask questions about enforcement, parking signage, and the permitted parking programs/zones for our neighborhood. Since we only have a limited time (1.5 hours) and need to keep this meeting productive, please submit questions or suggested solutions to problems in advance to maria@mariabalais.com (also please copy your question to Traffic@midtownatlanta.org). PARKAtlanta will also have question sheets available at the meeting when you sign in.

Look forward to seeing you,
The PARKatlanta Team

Maria Balais

Filed Under: Interesting Stories, Midtown Atlanta News and Events Tagged With: Midtown Atlanta Condominiums, midtown atlanta real estate, midtown Events, So You Know

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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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