Wednesday, May 22, 2013
Check out five homes in the 30047 zip code that were purchased last month.
For more information on the Lilburn real estate market, click on the tab at the top marked Real Estate. Click on the links for more details on the homes. Location: 330 Cardigan Cir. Sold for: $159,000 Date sold: April 19, 2013 Property details: 5 bedrooms, 3 baths, 2,732 square feet, built in 1980, single family home School district: Parkview High Location: 5475 Francis Ave. Sold for: $102,000 Date sold: April 23, 2013 Property details: 3 bedrooms, 2 baths, 1,714 square feet, built in 1963, single family home School district: Parkview High Location: 4188 Valley Dr. Sold for: $135,000 Date sold: April 25, 2013 Property details: 4 bedrooms, 3 baths, 2,547 square feet, built in 1972, single family home School district: Parkview High Location…
Monday, May 13, 2013
Check out these banked-owned houses in the 30047 zip code.
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Friday, May 10, 2013
How is the Lilburn real estate market doing? Prudential Georgia gives an update.
For a number of years, the real estate market has slummed in the doldrums, but experts say it's picking back up. Compared to this time last year in Lilburn, the number of active listings is down, the median listing price is up and the average days on the market is lower, according to Prudential Georgia. To learn more, watch this recent video update of the Lilburn market by Prudential Georgia. See also:
Wednesday, May 8, 2013
Check out five homes in the 30047 zip code that were purchased last month.
For more information on the Lilburn real estate market, click on the tab at the top marked Real Estate. Click on the links for more details on the homes. Location: 892 Pinecrest Cir. Sold for: $111,000 Date sold: April 15, 2013 Property details: 3 bedrooms, 2 baths, 1,409 square feet, built in 1972, single family home School district: Parkview High Location: 4539 Lyngate Dr. Sold for: $214,500 Date sold: April 9, 2013 Property details: 5 bedrooms, 3 baths, 3,190 square feet, built in 2001, single family home School district: Parkview High Location: 490 E. Fork Shady Dr. Sold for: $210,000 Date sold: April 9, 2013 Property details: 4 bedrooms, 3 baths, 6,098 square feet, built in 2012, single family home School district: Berkmar High …
Tuesday, February 19, 2013
The home appeared to be an abandoned, foreclosed property, but had a lockbox on it. When the real estate agent walked in with a client, they got a very unwelcome surprise.
I have been in the real estate business since 2007. I have seen a great many things as I have shown homes and had many laughable experiences, as well as few that make you scratch your head. Today I had one of those experiences that make you go hmmm. A client of mine wanted to view a home. It looked like a perfectly normal home from the outside. Nothing that would raise any alarm. When we entered the home, all we could do was say I can't believe this. The home has been trashed. When I say trashed, I mean it literally and figuratively. There was stuff everywhere. You could barely walk and couldn't really even make out the layout of the home due to amount of stuff that was everywhere. I took a few pictures which I have included. It appalled …
Wednesday, February 13, 2013
In this real estate column, a local agent says that big-money firms could make it difficult for individuals.
As foretold earlier this year from research I had been doing, CNN recently ran a story about how big business is getting into the housing market. Investors are buying up mutual funds and stocks of builders, housing companies, etc and Wall Street is getting into the action, with even some builders raising capitol through IPOs. Pulte, Lennar and KB Homes have hit 52 week highs recently. Land has even become a target. While it drops the fastest in a downturn, it can increase the fastest in an upturn. Funding groups are also buying up blocks of hundreds of homes from banks, It will not become uncommon to see an entire block or part of the city owned by one company and collecting rent from those who want to live there. A word to the wise: if …
Thursday, February 7, 2013
Steel door, cement siding and windows among top upgrades that add home value
It used to be if you do a kitchen, a bath, or any type of improvement, you could expect a dramatic increase in your home value. With the downturn in the market, improvements made a house standout, but would not necessarily add gobs of monetary value to the home. Fast forward to today: We are on the uptick. Prices are going up as is demand. The markets are very competitive with multiple offers on many properties. What are some projects that can really add some value to your home. Number one was adding a steel door. At an average cost of $1,100, it is economical and a sell can expect to see 85.6 percent of what they spent returned in added value. An owner can also expect to recoup 79.6 percent of their investment on cement siding. Other …
Tuesday, January 15, 2013
According to our real estate columnist, this may become the banks' preferred method of dealing with homeowners who are behind on their mortgage.
Last week, I broke the good news about the federal government extending this act through 2013. All homeowners who are in trouble can now sleep at night knowing that they can avoid foreclosure. With the extension of this law, banks are now indicating that this may be their preferred method of dealing with behind homeowners in 2013. We saw a record number of short sales in 2012 and that trend should continue in 2013. Who to call? It is important that you have a real estate agent who is well versed in the short sale process. An inexperienced agent can be detrimental to your sale and may even delay it to the point where a homeowner gets foreclosed on. Agents, like myself, that are a CDPE, or Certified Distressed Property Expert, are your…
Friday, January 11, 2013
In the market for a Lilburn-area home? Check out AOL's real estate listings.
Looking for a home can be daunting. I know because I've been toying with the idea, and I'm already tired of scouring websites for available homes. I want to stay below $150,000, and still get something nice. My mom thinks I need to increase my price point. Or, that I need to be to suburbs where she is -- Conyers. I tell her all the time that's too far. So, I've been looking around Tucker and Lilburn. Some houses I wouldn't even think about; others do seem promising. So, if you're like me, checking out the homes listed below might be worth your time. They're all listed at $150,000 or less. 1. 137 BLueberry Trail NW, Lilburn Price: $150,000 Amenities: Five bedrooms, 3 bathrooms; 3,065 square feet; features a sunroom and fenced backyard 2. …
Tuesday, January 8, 2013
Good news comes for struggling homeowners.
As part of the "fiscal cliff" vote, the Mortgage Forgiveness Debt Relief Act is being extended. What this simply means is that when a struggling homeowner sells their home for $75,000 and they owe $150,000, they are not taxed on the $75,000 that the bank had to write off. This is good news for homeowners that are struggling. Other homeowner benefits extensions include being able to deduct your private mortgage insurance for those who make less than $110,000 a year. This is retroactive back to 2012 and includes 2013. A tax credit of up to $500 is available to homeowners who made energy improvements to their home in 2012. This is also available in 2013. By the Numbers: Active Listings: 165 Average Price: $192,157 Sold Listings:37 …