• Home
  • Brookhaven
    • Close
      • Brookhaven Parc
      • Dresden Creek
  • Buckhead
    • Close
    • 2500 Peachtree
    • 2901 Lenox
    • Buckhead Grand
    • Buckhead Village Lofts
    • Cosmopolitan at Lindbergh
      • Eclipse Buckhead
    • Gallery Buckhead
      • Realm Buckhead
    • Walden on Lenox
      • The Winston
  • Chamblee
    • Close
    • Frontier Woods
      • Huntley Hills
    • Keswick Village
      • Lofts at 5300
    • Peachtree Malone Lofts
      • Townsend At Chamblee
      • Variations Townhomes
  • Doraville
    • Close
    • Assembly Doraville
    • Doraville In the News
    • Homes For Sale
    • Northwoods
    • Chestnut Place
    • Third Rail Studios
  • GA TECH
    • Close
    • Off Campus Housing
    • MARTA and Midtown Atlanta
  • “ITP”
    • Close
    • Adams Crossing
      • Ansley Parkside Townhomes
    • Atlanta Beltline
      • Emory University Area
    • LaVista Walk Townhomes
      • NEW Buckhead Listings
    • VIRGINIA HIGHLAND
  • Midtown
    • Close
    • About Midtown Atlanta
      • Historic Midtown Atlanta
        • Choose ATL
      • NEW Midtown Listings
      • Midtown Neighbors’ Association (MNA)
    • Midtown Atlanta HIGH RISE Condos
      • Midtown Atlanta MID RISE Condominiums
        • Seventh Midtown
        • Cornerstone Village Midtown Atlanta
        • 805 Peachtree
        • MidCity Lofts
        • The Dakota
        • Peachtree Lofts
        • Cotting Court
        • 905 Juniper
        • Peachtree Walk
        • 33 Ponce
        • Tuscany Midtown
        • Piedmont Crest
    • Midtown West
      • Twelve Atlantic Station
      • The Art Foundry
      • The Atlantic Residences
      • Element Condominiums
      • White Provision Atlanta Condos
      • M West Townhomes
    • 1 Bedroom Condos 30308
      • 1 Bedroom Condos 30309
      • Midtown 2 Bedroom
    • MARTA and Midtown Atlanta
  • CONTACT
    • Close
    • About Us
      • Testimonials
      • Time With Thom
    • Your TEAM at MyMidtownMojo
      • Michele – Silverton Mortgage
      • Ryan – Highland Mortgage
  • Buyers
    • Close
    • Mortgage Calculator
    • ASK THE BROKER!
    • Buyers Guide
      • Buyer Questionnaire
    • Market Reports
    • RELO TO ATLANTA GA
      • Atlanta GA Relocation Guide
    • Rent Vs. Buy
  • Sellers
    • Close
    • Midtown Market Reports
    • Selling Intown Atlanta Real Estate | Selling Your Home!
    • Short Sales
    • Who Is Palmer House Properties
  • BLOG

Atlanta Condos For Sale

Midtown Atlanta Condos | How Long Do We Have To Pay The HOA Fee?

April 1, 2014 by Thom Abbott

condo hoa feesBlog post topics often come from questions that I get from a Buyer during the process of looking at Midtown Atlanta condos.  Today’s topic is not so much a question as a statement made by a Buyer. So it got me to thinking….

  • How long do you need to put gas in your car?
  • How long to you have to keep insurance on your home?
  • How many days can you stay up before you need sleep?

Ok, the last was a stretch…but the point being, if you want your car to keep running, you will keep putting gas in it.

In the case of a Midtown Atlanta condominium, How Long Do We Have To Pay The HOA Fee?

  • How long do you want the elevator to get you to the 30th floor?
  • How clean do you want the hallways, lobby,pool, fitness center, club room?
  • Do you want the 150+ security cameras to work and keep and “eye” on the building?
  • When you get a package, well do you want to get a package?

Those are just some of the services or necessities (elevator I think!) that you may use when you live in a condominium.  And someone has to pay for the upkeep of all these services or amenities.

Luxe Midtown Atlanta PoolEnter your homeowners association (HOA). It is the responsibility of the HOA, along with the Board of Directors and the Property/Association Manager to make sure all of the above happens, or is working. But let’s relate this to a single family home for a moment.

Do you have a pool? A fully equipped fitness center in your garage or basement? Ok, you have a treadmill. What happens when it breaks? Ah, you gotta call somebody. Y-O-U have to call someone. In a condominium, when the treadmill stops working, you call the Concierge, who in turn reports it to the Property Manager and a service call is placed. This is often referred to as…convenience.

How much do you spend on a pool service? A do-it-yourselfer? How much time and what’s the cost of the chemicals to keep the pool clean and healthy?

Atlanta trafficSee where I’m going? You may pay an association fee of $200-$450 a month (or even higher depending on the building and the square footage of your condo) EVERY month, but you also have all these services and amenities….every month to use. Now, if you don’t ever plan to use any of these kinds of amenities, then yes, condo living may not be for you.

Another factor could be your commuting costs. Do you live way OTP (Outside the Perimeter) and commute to Midtown or Downtown every day? How much time do you spend in your car morning and night? Gas? Wear and tear on the car? Imagine leaving your car parked all weekend as you walk to festivals, restaurants or just lounge on your balcony and take in the city sights and sounds?

Yes, you will pay your HOA fee as long as you live in your condo. But just look at all you are going to enjoy!

Filed Under: Blog, Buyers, Georgia Tech Tagged With: Atlanta Condominiums, Buyers, georgia tech housing, Intown Atlanta Real Estate Buyers Guide, Midtown Atlanta Condominiums

Tips For Selling Midtown Atlanta Condos

March 27, 2014 by Thom Abbott

Spring Buyers Midtown Atlanta Condos

 

While the Winter months here in Atlanta were anything but quiet in the real estate market, it’s a known fact that when Spring arrives, so do the BUYERS!  Couple that with some cold weather, and not One, but TWO major snow events, and everyone wants to be outside! And some of those people will be Buyers looking for a Midtown Atlanta Condo!

Tips For Selling Midtown Atlanta Condos

Here are some tips you can follow to help you in Selling Your Midtown Atlanta condo….

  • Freshen Up Your Curb Appeal — WHAT? It’s true, in a condominium building you have little control over the “curb appeal” of the building. Your homeowner’s association is responsible for this part. But, imagine there is a tear in the wall covering on the hallway leading to your condo. Ask to have it repaired as soon as possible. This will show your building in great condition! If outside areas have NOT been planted or freshened up, ask your Property Manager when this will be taking place. Prospective buyers will be looking at everything (pool, gardens, gym, etc) and you want them to look the best possible.
  • Making Minor Upgrades– Does your Midtown Atlanta condo still have all the original builder fixtures? Lights, faucets, etc? You would be amazed at how making these simple changes will make your condo stand out from the others Buyers may see. Most condos were pretty “stock” in the granite counters they offered. If you have a small snack bar, consider changing out this one piece of granite. Not at ALL expensive, but again, will make YOUR condo different from the rest. And don’t forget the least expensive upgrade of all….a fresh coat of paint!  Are those entry hallways scuffed from bags and bikes hitting them? Get that repainted…NOT just a touch up!

Tips For Selling Your Midtown Condo

  • Make Necessary Repairs — Is that bathroom faucet got a drip? Fix it. Burner on the stove not working. Fix it. Ice Maker not working. Fix it. All these little things will add up in the eyes of a Buyer and will be reflected in the price they offer. You want your home to stand out above the others!
  • Price It Right — Believe me, I completely understand that an extra $3,000 or even $10,000 in your pocket from the sale of your Midtown Condo can go a long ways towards your next purchase. But if you overprice by to much, you run the risk of your home just sitting on the market. While the Midtown Atlanta condo market is hot right now, Buyers are NOT overpaying for real estate. Listen to your real estate agent and the market analysis they have prepared for you.
  • Hire The RIGHT Real Estate Agent! Just because Susie that is the wife of the guy in the office next to you is a real estate agent, does NOT mean they are the right one to market and sell your Midtown Atlanta condominium! If you have landed at MyMidtownMojo.com, just take a look around. You’ll find we are pretty knowledgeable about the condominiums of Midtown Atlanta as well as what is happening in Midtown Atlanta. Selecting  the right real estate agent can make ALL the difference in the world!
Sending

Filed Under: Blog, Buyers Tagged With: Midtown Atlanta Condominiums, midtown atlanta condos for sale, Seller Tips, Sellers

Pre Approved Mortgage Loan — A Key to Your Next Midtown Atlanta Condo!

March 23, 2014 by Thom Abbott

pre approved mortgageHave you been out looking for a new home or condo recently? Had some sticker shock with prices? Yes, the Atlanta real estate market is out of recovery mode, and is in FULL swing! Couple that with some of the lowest inventory we have seen in years, and you very well may find yourself in a bidding “war” (I had to call it war….) or at best, a multiple offer situation. And you may be faced with a buyer that has a huge advantage on you….C-A-S-H.

Pre-Approved Mortgage Loan — A Key to Your Next Midtown Atlanta Condo!

So, like any player in sports, you need to have a plan, and you need to have an advantage! How do you do that in the process of buying a home or condo? You have a pre approved mortgage loan!! This is not a simple process for either you OR the loan officer you are working with.

When you obtain a mortgage for your Midtown Atlanta condo or home purchase, your loan goes through a process called underwriting. Underwriting is a very detailed process of analyzing your credit before the lender will give you a loan. The process will include the verification of items like your employment history, salary and your credit history, which is detailed in a credit report and the lender’s evaluation of your credit and ability to pay.

While you NEVER skip this process, you can have the majority of it done in advance, and have a pre-approval from your lender. Then, all that is needed is a contract on a property, and an appraisal. A GOOD loan officer can review much of this information in advance, identify potential stumbling blocks or land mines, and have your file in order. Hence, they have done a good portion of this underwriting review and know your  file will clear underwriting without any problems.

Mind you, the underwriter looks at your file with a microscope, so they may still find something to question, say a particular deposit on a bank statement, but it can be minimal.

Having this pre-approval does a couple things for you as a home buyer:

  1. First off, you have a comfort level of what you can afford vs. what you are willing to pay. Just because you can afford a $300,000 home, does not mean you want to PAY for a $300,000 home.
  2. Having a pre-approval letter from your lender shows to the prospective Seller that you are serious about your home purchase and have done much of the leg work needed for your mortgage.

Of course, an appraisal can still be a wrench in the process. If the home or condo you are trying to buy does not appraise for the contract price, the Seller could choose not to move forward with your offer. On the other hand, a cash buyer will usually waive an appraisal and just  move forward.  You could choose to waive the appraisal contingency as part of your offer when obtaining a mortgage. The lender is STILL going to do an appraisal. (They are not writing a loan for more than the property is worth!) So if the appraisal came in under your contract price, you would have to make up the difference in adding to your down payment.

Pre Approved Mortgage Loan — A Key to Your Next Midtown Atlanta Condo!

In a market of low inventory and many buyers looking for a home along with you, do everything you can to best position yourself when you find the right home, and may be faced with a multiple offer situation.

Check out our Lender partners HERE! Any one of them can get the process started for you and, take you through this process and get you to the closing table!

Here’s an interesting story that appeared in the New York Times about this — A New Weapon For Bidding Wars.

Filed Under: Blog, Buyers Tagged With: Buyers, Intown Atlanta Real Estate Buyers Guide, midtown atlanta real estate

Filing For Homestead Exemption in Fulton and Dekalb Counties

February 20, 2014 by Thom Abbott

How Do I market My Condo For SaleIf you purchased a home or condominium as your primary residence in 2013, you are eligible to apply for a homestead exemption. (a.k.a. reduce your property taxes! Oh Yeah!)

Filing For Homestead Exemption in Fulton and Dekalb Counties

 

 

Fulton County Homestead Exemption Filing Instructions (Includes Link to the Exemption Form)

 

Dekalb County Homestead Exemption Filing Instructions (Includes Link to the Exemption Form)

Filed Under: Blog, Buyers Tagged With: Buyers, Intown Atlanta Real Estate Buyers Guide, Midtown Atlanta Condominiums, real estate FAQ

A Unique Welcome to Georgia Tech and Midtown Atlanta

February 12, 2014 by Thom Abbott

GATech Parents Buy CondoWelcome to Georgia Tech and Midtown Atlanta!

When I first went off to college, it was but a mere 35 miles from my home. I started at Montana State University. I was a bit to insecure about myself to venture to far from the “nest” I guess! And I think I was still trying to figure out what I wanted to be when I grew up. (And maybe I still am?) But after 3 years, I made a HUGE leap, and transferred to the University of Houston and  the Hilton College of Hotel and Restaurant Management. Obviously, since you are on a real estate-related website, I’ve since changed careers.

But I do remember many choice moments in my college days.  I took the extended plan (6 years) to get one degree, but I had a blast doing it. My profession, unlike most of those you will pursue at Georgia Tech, was not 100% based on your GPA, but also on your work experience. I remember the interview that landed my first job, and I know it was as much my out-of-classroom experience as it was my in-the-classroom experience that got me that job.

One thing I DON’T remember about either college was anything special happening when I arrived. Of course, MSU was my Freshman college…I had three years under my belt when I transferred to UofH. But I can say, I don’t think I was welcomed to MSU quite the way the Freshman class of 2013 was welcomed to Georgia Tech.

Enjoy the college experience. At some point, you might want to escape the dorm life and look for a Georgia Tech off-campus housing option . When you and your parents make that decision. it most likely will involve purchasing a Midtown Atlanta condo.

I’ll be happy to help you and your parents find a great condo and can tell you about ALL the options available to you when you start to explore Midtown Atlanta.

I can’t promise you any theme music, but, I’ll be here to help!

Filed Under: Buyers, Georgia Tech Tagged With: georgia tech housing, Intown Atlanta Real Estate

Real Estate FAQ’s | Moving Into A Condo Building

February 6, 2014 by Thom Abbott

Moving Into a Condo BuildingIf it’s your first time buying, or living, in a condominium, you will have many questions! Life is different, even than that of an apartment building. Remember, in an apartment, one company owns the ENTIRE building. In a condominium, you own your individual unit, and a percentage of the rest of the building based on the size (square footage) of your condo.

How Do I Move Into A Condo Building?

The policies for moving into a condominium building in Midtown Atlanta are as varied as the buildings themselves. But let’s review some of the most standard policies:

  • Elevator Reservations —  Yes, you can’t just move in whenever you like. You have to reserve the elevator to move in. Most likely these arrangements are made through your Concierge, but it may also be the Property or Association Manager’s office that handles this. when you reserve the elevator, padding is installed inside the elevator to protect the walls from damage. Also, a reservation is just that…you have the elevator for a certain period of time. It is “locked” and only you use it. This allows you, or your movers to load the elevator, take it to your floor, and then leave it there as they unload it. Be aware, not ALL buildings have this ability, but most do.
  • Move In Fees — Indeed, it’s not always FREE to move into a condo building. While most buildings will charge you a deposit for damages, a couple Midtown Atlanta condo buildings have actual FEES you have to pay! While these are a one-time charge, it is important to know this information. Your Buyer’s Agent should find this out for you during the due diligence process or on a Community Association Disclosure. 
  • Moving Into a Condo BuildingThe Loading Dock — Another part of a condo building that will vary widely, is the loading dock and where your moving truck can have access to the building. Older buildings, or buildings that were first apartments, and then converted to condominiums may not have ANY loading dock. Your truck may have to park on the street. In this case, if can’t be left unattended by you or the moving company at any time during the unloading process. If the building has a loading dock, ti will depend on how secure the dock area is. Some newer buildings have a loading dock this is much like a garage. The moving van can be parked inside, and the door closed. Depending on what kind of traffic still is in and around the dock, you may need to have someone remain with the truck. (Or the door on the truck can be locked each time.)
  • Utilities (Electric, Water/Sewer, Cable, Internet, Garbage) — The process to set up these services will also vary from building to building. One consistent item will be garbage, which is paid for as part of your HOA fee. Your other utilities most likely will be your responsibility to have “connected” or placed in your name. A few buildings still include water and sewer charges as part of your monthly HOA fee. However, increased costs are pushing building to “sub-meter” this whereby you are responsible for your individual usage in your condo. Some of the newer buildings include high-speed internet throughout the building so you don’t have to obtain this service. Electric is almost always your responsibility, but again there are a couple exceptions where this utility is billed to you from the HOA on your monthly statement, and you don’t have to make these arrangements. Again, the Community Association Disclosure should have this information on it. If not, ASK!

These are just some of the main questions we are often asked about How Do I Move into a Condo Building! If we think of something we missed, or other details, we’ll be back to update this information!

Filed Under: Atlanta Relocation, Blog, Buyers Tagged With: atlanta relocation, Buyers, Intown Atlanta Real Estate Buyers Guide, real estate FAQ

  • « Previous Page
  • 1
  • …
  • 30
  • 31
  • 32
  • 33
  • 34
  • …
  • 50
  • Next Page »

Thom Abbott

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

 
 
 
 
 
 
 
 
 
 

HomeSmart

Copyright © 2025 Thom Abbott MyMidtownMojo.com All Rights Reserved | Privacy Policy | Cookie Policy | Terms of Service | Disclaimer | Log in