Should we wait until Spring to List our Home? With Prices up 16% in the past 12 months and the uncertainty regarding interest rates, I am often asked at the end of the summer "Should I wait until Spring to market my home?"  The short answer is “No!”   The attached charts show the number of sales for the past year plus in some of our more popular cities.   December, January, and February do have fewer sales than the rest of the year but there are literally 100’s of sales each … [Read more...]

1)   Understand how the offer review period works. If you think your home will receive multiple offers, put a time that all offers must be submitted by.  And also tell the people making offers when you will be making a decision. You got an offer –great – you need to either accept it or reject it within the specified time. It’s helpful to become familiar with the electronic signature process beforehand so that confusion is lessened.  An offer is more than the price: earnest money, due-diligence, … [Read more...]

  In Marietta Georgia there are 877 Homes for Sale ranging in price from $53,400 to $8,900,000. The median asking price is $399000 There are 386 homes under contract ranging in price from $49,900 to $1,499,999 (asking price). The Median under contract price was $265,000 In 2016 there were 4839 Close sales ranging in price from $40,000 to $2,425,000 with the median sale price $254500.    Only 66 homes sold for more than $1,000,000 All stats from FMLS This equates to 403 sales … [Read more...]

With rates rising since the election many buyers are asking us should they buy now and what sort of mortgage should they get? And how much down payment do they need? Down payment options are as low as 0% and can be as high as 20% depending upon the type of mortgage you may qualify for. If you’re veteran you can generally get a VA loan(see below) and if not there are some $0 down homes available in rural area with income and location restrictions. If you are not a veteran or hunting in … [Read more...]

At Northwest Atlanta Properties we are continuously seeking ways to help our landlord clients increase their rental proceeds. Below are a few ideas that you might consider to maximize your investment here in Northwest Atlanta: Put rent increases into the Lease Write it in the original lease that the rent rate will increase by a percentage every year upon renewal. For example: “Because property taxes, maintenance costs and insurance costs increase every year the monthly rental rate will … [Read more...]