Atlanta Condos For Sale

Midtown Atlanta Condo Buyer Tips | What Happens When Repairs Are Not Completed?

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As part of the Midtown Atlanta Condo buying process, you will have an inspection done. You want to know if there are any issues with systems such as the HVAC, as well as knowing that all appliances are working. Once you determine there are items that need to be fixed, an Amendment to Address Concerns With Property is completed and the repairs are negotiated out.

Sometimes, it may be easier to get a credit off the originally agreed upon Sales Price of the condo. This may be ok, your loan is still in the underwriting process. But let’s say, it’s day of closing (or day before) and you do your final walk through. The repairs have NOT been made….

Do NOT adjust the sales price for last-minute repairs

Condominium Maintenance TipsMost buyers will have a list of desired repairs based on their home inspection report, and the sellers are expected to complete these repairs prior to closing.

On the final walk-through, many buyers will discover that everything on the “punch list” has not been done, and they will want a reduction in the sales price or another type of credit.

Try NOT to adjust the sales price:

1.    Buyers’ loan amount will probably change, especially if it is 80% or more of the sales price (such as FHA), and this could even trigger PMI (private mortgage insurance);

2.    Buyers’ loan must go through underwriting again;

3.    Commissions are reduced if based on a % of the sales price;

4.    Entire contract may need to be re-written.

 

Better ways to handle the credit (always subject to lender approval) for the Midtown Atlanta Condo Buyer:

1.    Increase seller-paid closing costs;

2.    Have sellers provide a home warranty or extend it for an additional year;

3.    Have sellers provide a termite bond (or extend it);

4.    Have sellers waive reimbursements of prorated property taxes or HOA assessments;

5.    Have sellers pay for the HOA letter (if not already paying).

This yet another point and time in the home buying process when you want to have a great lender working with you to make sure there are no last minute hangups with things like this!

 

FHA Assumable Mortgage – The Seller’s New Marketing Tool

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FHA MortgagesSee on Scoop.it – Midtown Atlanta Conversations and Condos

Mortgages from the F.H.A. and Department of Veterans Affairs have a little-known feature: assumability.

 

Thom Abbott‘s insight:

Homeowners with a mortgage insured by the Federal Housing Administration or the Department of Veterans Affairs should consider using their loan terms as a marketing tool when it comes time to sell. The FHA assumable mortgage may be the best marketing tool for the Seller!

Mortgage loans from both government agencies include a little-known feature known as assumability. In other words, the buyer of a home financed with an existing F.H.A. or V.A. loan may be able to take over, or assume, the seller’s loan, under the same terms, rather than take out a new mortgage.

During periods when interest rates are rising, homes offered for sale with an assumable, lower-rate mortgage may have extra appeal for certain buyers.

See on www.nytimes.com

Home Depot Co-Founder Bernie Marcus Atlanta Mansion For Sale

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Home Depot Co-Founder Bernie Marcus MansionLet’s face it. You’ve probably been there once, maybe twice.

A day on the weekend.

As you work on that home improvement project, or that flower bed, or bought your Christmas tree.

You’ve probably been in a Home Depot store.

Home Depot was founded in Atlanta. In fact, the very first store that Bernie and Arthur opened was just a mile from where I live in the Atlanta suburb of Doraville. Humble beginnings that have grown into a world-wide company and those familiar orange-colored stores everywhere. (Except Bozeman, Montana where they HAD to change the store design…or not open.)

Home Depot is still headquartered here in Atlanta (Vinings) and certainly going strong.

So maybe you’d like to send some more money the Home Depot way? Perhaps you’d be interested in Bernie’s cottage in North Atlanta (Sandy Springs)? At a little over 10, 000 sq. ft. I’m sure you could fit your things in, right?

In reality, in the scheme of $1M plus homes, this is not a bad price for the house, and you are not way out yonder in Forsyth County and can actually get to and from Midtown Atlanta (you’d be attending symphony, plays and High Museum openings of course!) without needing hours of commute time.

I would love to take the credit for the listing, but if you happen to be a Buyer that has not found an agent, I’d be happy to help you settle into this stately home!

 

We're sorry, but we couldn't find MLS # 5140468 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

W Atlanta Downtown Residences | Downtown Atlanta GA

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W Atlanta Downtown Residences | Downtown Atlanta GA

April 2, 2017 Update — The W Residences and since sold out, and all homes listed are now re-sale homes.  This original post from 2013 still has great information about the homes and lifestyle of the W Atlanta Downtown Residences. (They are now referred to as the W Residences in most listings!) You will find 2 bedroom homes start in the Mid $500’s and 27th Floor Penthouses will be $1.6M to $2.9M. These really are stunning homes/floor plans with amazing views and finishes. 

W Atlanta Downtown ResidencesWhy Do People Live Here?

 

W Atlanta Downtown Residences opened in 2009 as the first newly-built W Hotel in the city. There are 237 guest rooms and 74 residences, perched on the northern end of Downtown Atlanta and are Atlanta’s ONLY W branded residences. (There is also a W Hotel Midtown, but it has no residences with it.)   The views from almost every home are striking, considering they start on the 17th Floor. And you have many of the conveniences available of the W Atlanta Hotel, such as in home catering from BLT Steak, an afternoon of pampering at the Bliss Spa, or a relaxing lounge at the 17th Floor pool –another awesome and amazing view as you can see!

Looking for a home at W Atlanta Downtown Residences?

 

Interested in homes for sale in W Atlanta Downtown? Click that link to find all the currently available homes in this Downtown Atlanta condominium community.

What’s the Neighborhood (Building) Like?

 

W Residences KitchenThe W Atlanta Downtown has already Sold Out its 1 bedroom homes! 2 and 3 bedroom homes as well as Penthouse residences remain. From the zero-edge pool on the 17th Floor, the Bliss Spa, three destination bars without ever leaving the building and the SWEAT fitness facility, you’ll be sure to find something to tickle your fancy. 24 hour Concierge, dedicated private entrance and reception area and signing privileges for hotel food and beverage .

Homes feature open living spaces with expansive window walls, ALNO German Kitchen Cabinetry, Gaggenau Kitchen Appliances, including wine coolers, granite counter surfaces, stone and tile bathrooms and seamless shower enclosures…just to name a few! Two Bedroom homes range in size from 1,171 to 1,919 sq. ft. and three bedroom homes at 2,761 sq. ft.

 

Oh,yeah….if you are so inclined, you can arrive and depart from the private heliport, located on the roof of the building. Sweet!

Search W Residences Homes For Sale

What’s Going on Nearby the W Atlanta Downtown Residences?

 

The W Residences are located on the northern edge of Downtown, but are convenient to Downtown Atlanta attractions such as the Georgia Aquarium, World of Coke, Centennial Olympic Park, Phillips Arena and the Georgia Dome. (A perfect living location for a sports fan, or an athlete!) Arts and entertainment are just blocks away in Midtown Atlanta with the Fox Theater, High Museum and numerous restaurants and pubs.

Now You Really Want to Find a Home Here, Right?

If you are interested in the current homes for sale in W Atlanta Downtown Residences, you will find a list of the homes For Sale located below. Our for sale property information is a direct feed from the MLS and us updated multiple times per day. If you do not have a Buyer’s Agent we would be happy to represent you in the purchase of a home at W Atlanta Residences Downtown.

You can also learn more about the W Atlanta Downtown from their website. This is for the hotel, and the page about the W Residences really has no information about the condo portion of the building. The condos do share amenities with the hotel such as the spa and pool. 

Views from W Atlanta Downtown

 

  • List View
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See all W Residences.
(all data current as of 6/11/2025)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 FMLS.
Data last updated: 6/11/25 12:06 AM PDT.

Walk Score provided by walkscore.com.

 
 

Millennials or Generation Y and Midtown Atlanta

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Midtown Atlanta and Generation YI don’t think it’s a secret in many major cities in the U.S….people would much rather have a 10 minute drive to work than an hour drive each way. But such is the price that many pay to live in the suburbs, have the “McMansion” large home, big yard, 2-3 car garage and good schools for their kids. But don’t think for a moment that Mom or Dad would not prefer to have a shorter commute.

The same may not be so true for the Millennials or Generation Y…those born from 1977-1994. Many having not decided yet if they are going to have children are looking at their living options in a different light.

In an article in today’s New York Times, titled Home Loans for Millennials,  raises some interesting points and questions about the future of the housing market, and where people will choose to live. (Gosh, I even posted on my Facebook wall an article about China and how they are forcing their population into dense urban areas)

Millennials or Generation Y and Midtown Atlanta

“The next generation of potential home buyers prefer to live in developments with an array of housing types close to shops and mass transit, a recent survey shows. Is this bad news for the baby boomers who will eventually be looking to sell their big suburban houses?” the article says.

How will these people shape the Atlanta real estate market? Where are the areas with development with an array of housing types close to shops and mass transit? Well we all know that mass transit is a lack-luster event in Atlanta. But at least we have great communities like Midtown Atlanta and Midtown West that offer multi-family housing options (i.e. condominiums and apartments) as well as surrounding areas like Morningside and Virginia Highlands for single family home options.

“The institute recently released the results of a survey showing the generation’s penchant for urban-style living. About 60 percent say they prefer a mix of housing choices, along with proximity to shops, dining, offices and transit. Seventy-five percent said they valued walkability — a preference that jibes with this generation’s declining number of licensed drivers, according to a report by U.S. Pirg, a nonprofit consumer advocacy group.

Of the 63 percent who said they planned to move within the next five years, nearly 40 percent expect to live in some type of multifamily housing.”

Millennials and Midtown AtlantaCertainly, Midtown Atlanta is one of, if not the most walkable communities in Atlanta. While we work to build a better retail component in the area, certainly restaurants, entertainment, farmer’s markets and more make it a desirable area to live, and perhaps work, depending on your profession.

The NYTimes article and the study done by the Urban Land Institute’s Terwilliger Center For Housing also said that more than half of the young adults surveyed by the institute are renting, but they haven’t given up on the American dream. In fact, nearly 70 percent said they expected to buy within five years.

If you want to experience the sights and sounds and excitement of the urban lifestyle of Midtown Atlanta, give me a call at 770-713-1505, email me at Info@MyMidtownMojo.com, or if you are ready to start your home search, give me some information and we’ll get the search started.

If you answered No to this question, Please click on the Preferred Vendor list Above once you have completed this form. There you will find contact information and links to our recommended Mortgage Lenders.
Sending

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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