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Thank you!

I just wanted to take a moment to say thank you to my readers.  I have had a great week of readership.  The trends are up for both this blog and my website, Garage Homes USA.

I really enjoy the opportunity to bring you information about real estate in and out of Gwinnett County and Atlanta, GA… as well as the weekly videos and other interesting tidbits.  Obviously, the garage stuff is important to me as well… and judging from the email, it is important to you.

Thanks. 

If you are ready to buy and/or sell a home with a cool (or could be cool) garage in Gwinnett County or the surrounding area, give me a call.

**I have to admit something, though.  I may not be able to answer at some point over the next couple of days, but I’ll call you back.  Look for the announcement why as soon as it happens.**

Boyd Coddington, 63, dies.

WhatthehayeFor those that haven’t heard, legendary car builder Boyd Coddington died Wednesday, February 25th in Whittier, CA. Here is a link to one of the news stories. He was 63.

If you don’t know who Boyd Coddington was, here is a quick rundown. CadZZilla

  • Coddington wheels… he started the billet trend.
  • Hot Rods by Boyd.
  • Chip Foose and Jesse James worked for him.
  • American Hot Rod on TLC.
  • CadZZilla.
  • His Delahaye inspired Whatthehaye… which auctioned for $540,000.
  • Lead Zephyr.Boyd Coddington

Lead ZephyrThe cars are numerous and famous. There is no doubt that Boyd contributed in amazing ways to the automotive landscape of this country. Read the story in the LA Times. Google him. Google the cars.

Here are a few of the cars.

Get the E-newsletter!

Beginning a week or so into March, I will be producing an electronic newsletter to be mailed out.  It will carry highlight articles from Garage with a Detached Home and GarageHomesUSA.

I have mailed a few hard-copies out to selected addresses, and you are always welcome to be added to that list as well, but the electronic version will be cooler.

I’d love to add you to the list, and send out your newsletter as soon as it becomes available.

**As a note, we will never sell, trade or otherwise give away your email address or any other personal information, unless specifically directed to by you.  All information you provide is confidential.  We are not in the mailing list business, and our goal is to provide you with pertinent and appropriate content, not gather email addresses or other information.**

Price ≠ Value

price does not equal valueIf you didn’t know, this little thingie () is the ‘does NOT equal’ sign.
Creative Commons License photo credit: ejhogbin

So many people have an idea that price and value are connected… or more specifically, discount from original list and value have a connection… they don’t.  Bluntly, two buyers could go out and buy properties in the same neighborhood.  One might have a deal, and the other may not.  The one that got a deal might have paid more… and might have paid full list. The other might have paid 20% under list, and had a lower overall price.

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I don’t know it all

And my wife would be happy to provide a list…  But, this is about real estate.  Specifically, short sales.

A short sale in real estate is selling a property below the mortgage payoff, and getting the bank to take the loss.  They are done, but they are pretty rare… and I ran across a great post about short sales from FranklyRealty.
Creative Commons Licensephoto credit: Eric I. E.

He knows a lot more about these beasts than I do.  For that reason, I don’t take on short sales.  Unfortunately, there are a lot of agents that have figured out that being a “Short Sale Expert” might be real profitable right now.  It leads to a lot of listings… which can net a lot of buyer leads.  In other words, they aren’t really worried about the short sale, just the buyers they might get while trolling the listings.  To pile on, there are a load of classes so that agents can talk the talk… even if they can’t walk the walk…  Three hours does not an expert make! 

I refer out short sales to agents that are experienced in making them happen… and they CAN happen.  They just aren’t likely to happen with “Experts” that have never done one before.

So, if you are in a short sale situation, feel free to give me a call, and I’ll find an agent that can help you… just about anywhere (I have a pretty good database).  If you are looking to buy a short sale, I can help with that too.

Honestly, for buyers, they may not represent the best deal.  Focus on the value, rather than discount from list price… that is a whole different post.

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