Buyers Archives

Short Sale Condos in 30308 Atlanta GA

May 21, 2012 by Thom Abbott

So, you’re considering purchasing a short sale condo in 30308 Atlanta, GA? Keep in mind, a short sale is not an indication of how quickly you will be able to buy a property, but it where the owner of the property owes more than the condo is worth, and is asking the lender to let them sell it and the bank write off the balance of the loan.

Short Sale Condos in 30308 Atlanta GA

The 30308 Zip code covers Midtown Atlanta. A search as of today (May 19, 2012) brings up just 8 short sale listings! Really? Well, this is probably not correct. When a real estate agent enters a listing into the MLS, many fields on the listing are optional fields for us to fill out. One of those optional fields is called “special circumstances.” In fact, here is all the different special circumstances I have to choose from when entering a listing:

Agent Related to Seller
Active Adult Community
Cert. Prof. Home Bldr
Corporate Owner
Estate Owned
Fixer Upper
Foreclosure
Government Owned
Historical
HUD Listing (see remarks)
Investor Owned
Lease Purchase
Live/Work
Lender Owned
No disclosures from Seller
None
Other
Owner Will Consider Exchange
Owner Transferred
Owner/Agent
Potential Short Sale
Recently Renovated,
Short Sale Pre-Approved
Sold As/Is

As you can see, there are lots of choices…and probably two of the worst are “other” and “none.” So, when asked to search specifically for a short sale by a Buyer such as yourself, it’s a bit more involved than that! I can’t simply enter short sale and search….as the condo we might want to make a offer on will not show up!

How Do I Search for Short Sale Condos in 30308 Atlanta GA

Well, the easiest way……let me do all the work! What I will do is discuss with you exactly what you are looking for in a Midtown Atlanta condo. Once I know the features and amenities you are looking for, I’ll do an overall search of ALL THE CONDOS listed in 30308. From there, I can look at prices as well as “private remarks” that may indicate to me the listing is in fact a short sale. But, I’ll also be looking for right prices properties that are NOT short sale and may also be foreclosures. Just by searching on MyMidtownMojo.com, or any website does not mean you will be able to find the home you are looking for.

Let’s go back to the list above. Some agents will list foreclosures as “Corporate Owner.” So again, if we search JUST for foreclosures, we might miss an opportunity.

The best way to find Short Sale Condos in 30308 Atlanta GA is to let us do the work for you!

For More Information on how we can best serve your InTown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in InTown Atlanta Real Estate single family homes and condomiums. If you are planning to Buy InTown Atlanta real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

Need to SELL your Intown Atlanta Real Estate and look for new digs? We’d be happy to talk to you about the market, marketing your home or condo and having you sing the Pending Sales Song! Let us know how we can help you!

Please use the following links to Search for Homes by Intown Atlanta Neighborhoods or Zip codes!

Brookhaven/Ashford Park 30319	Buckhead 30305
Buckhead 30327	Buckhead 30342
Chamblee 30341	Decatur 30307
Doraville 30340	Downtown Atlanta 30303
Druid Hills 30329	Dunwoody 30338
East Atlanta/Ormewood Park 30316	East Lake/Kirkwood 30317
Grant Park 30312	Midtown Atlanta 30308
Midtown Atlanta 30309	Midtown West/Collier Hills 30318
Morningside 30306	Morningside 30324

Are you looking for a specific Intown Atlanta neighborhood to focus on? Contact Thomas Ramon Realty and we can set up a search for any specific neighborhood you are looking for!

Real Estate Agents See Spring Home Sales And Bid Wars

May 18, 2012 by Thom Abbott

See on Scoop.it – Midtown Atlanta Conversations and Condos

U.S. housing market shows improved foot traffic and sales data as spring season enters stretch run. The challenge now is finding enough inventory, Realtors say.

A lack of inventory is also a problem in certain Atlanta neighborhoods, says Thom Abbott, an associate broker at Thomas Ramon Realty at Palmer House Properties. His firm specializes in Midtown condos at prices ranging from $80,000 to more than $600,000.
See on news.investors.com

400 W. Peachtree Street, Atlanta, GA 30308 | Twelve Centennial Park

May 7, 2012 by Thom Abbott

You always hear someone shopping for a new home or condo, “We want a deal!” Well, yeah, don’t we all!

Twelve Centennial Park – 400 W. Peachtree Street….is one of the Novare “signatures” on the condo landscape of Atlanta. This building is located on the edge of Downtown Atlanta and is an easy walk to the attractions of World of Coke, The Georgia Aquarium, CNN, and Peachtree Street. The Twelve Hotel is connected to the building, offering a great place for your visiting guests to stay.

And you said you wanted a deal? Well here it is!!!! (As a reminder, this building is capped out on leasing permits, so this needs to be your intown getaway, NOT a rental property!) Live way out in Cobb, Cherokee, Henry, Rockdale counties? Here’s an opportunity to have a place in the city! An an awesome value at Twelve Centennial Park!

We're sorry, but we couldn't find MLS # 5016739 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

800 Peachtree Street #8306 | Under Contract in Just 10 Hours!

April 30, 2012 by Thom Abbott

Us real estate professionals, we sometimes get a bum rap! A buyer will think we are just pressuring them to buy when we say the market is hot and things are moving. I don’t think it is so much “pressure” as it is us trying to impart our knowledge of the market, to YOU, the BUYER about what is happening. Helping you make an informed decision…that is why we are here.

Might I give you an example of a recent listing I took at Cornerstone Village….

I placed this listing in the MLS (Multiple Listing Service) at 10:30am. I had a showing call 30 minutes later! And we had our offer that we accepted by 9pm that same evening! That is a career first for me….800 Peachtree Street #8306 Under Contract in Just 10 Hours!

What does that mean for the Buyer? You don’t have a lot of time to “sleep on it” when it comes to buying Intown Atlanta Real Estate. In the 6+ years I have been selling Midtown Atlanta, this is the lowest inventory I have ever seen….ever! You don’t have many choices and you are NOT the only Buyer looking!

What does that mean for the Seller? Be realistic, price your home right, and it will SELL! Even short sale, that are often avoided by Buyers because of the length of time it can take to close, are selling! Of course, a “traditional sale” that is not a distressed sale will move quickly when priced right and the Buyer does not have to deal with lender approval of the sale.

If you want to buy Intown Atlanta Real Estate, follow our Buyer’s Check List and be ready to pounce!

If you want to sell Intown Atlanta Real Estate, let’s get you on the market at the right price and you will be moving in no time!

For More Information on how we can best serve your InTown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

Please use the following links to Search for Homes by Intown Atlanta Neighborhoods or Zip codes!

Brookhaven/Ashford Park 30319	Buckhead 30305
Buckhead 30327	Buckhead 30342
Chamblee 30341	Decatur 30307
Doraville 30340	Downtown Atlanta 30303
Druid Hills 30329	Dunwoody 30338
East Atlanta/Ormewood Park 30316	East Lake/Kirkwood 30317
Grant Park 30312	Midtown Atlanta 30308
Midtown Atlanta 30309	Midtown West/Collier Hills 30318
Morningside 30306	Morningside 30324

Are you looking for a specific Intown Atlanta neighborhood to focus on? Contact Thomas Ramon Realty and we can set up a search for any specific neighborhood you are looking for!

Do You Have the Measurements of that Midtown Atlanta Condo?

March 13, 2012 by Thom Abbott

Questions we are asked as real estate professionals range from reasonable to riduclous, and everything in between. In my time, I’ve found most questions to be reasonable. Keeping in mind that Buyers and Sellers all are individuals with their own wants and needs. So of course those questions will vary. I’m often asked about the size of a condo but, Do You have the Measurements of that Midtown Atlanta Condo?

In selling Midtown Atlanta condos for the past 6 years, I’ve become pretty knowledgable in the various buildings in my market. One key component of my market knowledge is floor plans for many of the buildings. Most of these came for original sales/developer materials. So, as a result they list total square footage, but dont’ look to “pretty” if you muddy them up with the dimensions of every room, nook and cranny.

I had a request today from an agent who showed one of my listings. I’m not sure how versed she is in condo sales, as she also asked me for an additional parking space as the Buyer has 2 cars. Ah, rule of thumb…1 parking space per bedroom and mine is a 1 bedroom. She also asked me if the Seller had a floor plan of the condo. I replied I did…and in fact, it was emailed to her before we even finished the conversation. About 30 minutes later came the e-mail, “Do You have the Measurements for that condo?”

A word to the wise, both in Buying or Selling (showing) Midtown Atlanta condominiums. Bring your tape measure.

Another word to the wise…that sectional that looks so lovely in your living room will probably not fit in a condo living room.

If you are buying a condominium, you may not be able to visualize your furniture there, or if your bed will fit. So, make sure you bring a tape measure to check the space.

If you are working with me, I’ll have one. So, in a word, Yes, I Do Have the Measurements of that Midtown Atlanta Condo!

Where Can I Find EVERY Condo Listed For Sale In Atlanta?

March 5, 2012 by Thom Abbott

When an Atlanta Condo Buyer searches for condos for sale, the can often get varied results depending on when, where and how they search. So, Where Can I Find EVERY Condo Listed For Sale In Atlanta? Well actually, that may be easier said than done.

The metro Atlanta real estate market is unique in that it is served by not one, but TWO MLS’s (Multiple Listing Service). There is the Georgia Multiple Listing Service (GaMLS) and there is First Multiple Listing Service (FMLS). What’s the difference? You will probably get just as many different answers from any number of people. So, my answer is, GaMLS primarily services from I-20 South of Atlanta, and FMLS services from I-20 North. Now before anyone in the real estate business starts screaming…let’s explain a bit further.

Real Estate brokers in Atlanta can choose which listing service they belong to, or BOTH if the choose. When a Broker belongs to both, listings will appear in BOTH of the MLS systems. But, if a Broker belongs to just FMLS, that is the only listing service where their listings will appear. What does that mean for you, the real estate consumer/Buyer?

If a Broker has chosen to only use one MLS on their site, you may miss some listings. Here at MyMidtownMojo.com, we use only FMLS in our Search for Midtown Atlanta Condos For Sale. Why? Well some of it is based on how the brokerage is operated, but more importantly to you, the Buyer, we find 90% of the property you are looking for will be in FMLS.

Now, don’t forget there are still individuals that want to market their Atlanta home or condo For Sale on their own, also know as a For Sale By Owner, or FSBO. Without the use of a real estate broker, these Seller’s are not able to list their home or condo in the MLS, and will use other methods of advertising. This can include a yard sign, classified ad in local papers and an ad on Craigslist. When you search our site for listings, these homes and condos will not show up.

By working with a real estate agent that knows the area where you want to live, they may also know about upcoming listings that have not yet been “listed.” This means a fellow real estate agent has mentioned, “Hey, I’m going to be listing the home at 123 Main Street in two weeks. It’s a great (description of the home) so if you have any Buyers that might be interested….” The Seller may be finishing up some painting, putting items in storage, etc. but the home will soon be on the market.

While you should be able to find EVERY Condo listed for Sale in Atlanta right here at MyMidtownMojo.com, let us know what you are looking for, and we’ll put our detectives to work looking for you!

Short Sale Condos in 30308 Atlanta GA

How Do I Search for Short Sale Condos in 30308 Atlanta GA

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