We are holding 590 Baltimore Ave in Lilburn open Sunday (August 2nd) from 2-5pm. Stop by and say hello…
It is a great drive, over the creek and through the woods to the house… you would never believe this is just a few minutes to downtown Lilburn, and less than half an hour to downtown Atlanta.
View 590 Baltimore Ave in a larger map
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Back in February, 2008, I attended an event for agents at Legends at Parkview. At that time I was impressed with the quality of the homes offered in the community. I was also impressed with the philosophy of the builder, Sean Mayfield of Mayfield Homes. I also liked the style of the homes, and the layouts were quite nice.
The problem was that they launched the community just as the market was collapsing around them. And while they were strong at the time, it didn’t last…
This premiere community has slid into foreclosure. The remaining homes (there were 8, now there are 4 left) and the lots are all for sale by the bank. So, now is the opportunity to buy into a luxurious community at fire sale prices… bank-owned prices.
Three of the properties are built on a basement, all have 3 car garages. One is a 5 bedroom/4 bath, and the others have 4 bedrooms/3.5 baths.
The properties that are currently available are priced at:
As an aside, I really like the Addison. It has an exceptional garage. Aside from the spaces for 3 cars, there is about an 8′ wide area along one side that would be perfect for motorcycles and/or tools.
Obviously the prices are pretty well discounted for the remaining units in the Legends at Parkview. There aren’t that many opportunities to jump into this level of luxury in a bank-owned new home community. The foreclosures have really pushed the prices down here… They have sold 4 homes since June. These will sell before long… There were several buyers coming in to visit while I was there… on a Wednesday afternoon.
from Lane’s Active|Rain blog.
I held an open house today in Lilburn, on 590 Baltimore Ave. During the open house I had the opportunity to speak with several first time home buyers. The conversations with first time home buyers in Lilburn, GA, were certainly enlightening…
Keep in mind that the home I as holding open was priced at nearly $400,000. In this area, that isn’t the normal territory for first time home buyers. And these folks were no exception… looking primarily in the $150k-$200k range.
Of course we talked about properties that were available in their price range, and Lilburn has some really nice properties for sale in that range, but we talked about something else. The something else was the tax credits that are currently available.
Basically, there are two tax credit propgrams currently available:
All of them were well aware for the federal incentives… but none knew about the state incentives. I know that a lot of us real estate agents are writing about it, and I also know that we are talking about it to our clients… but the word still isn’t out to everyone.
I should also mention that the Georgia Tax Credit is NOT limited to just First Time Home Buyers…
On the other hand, all of them were quite aware of the deadline for the Federal First Time Home Buyer Tax Credit. In fact, they had all started their search to specifically make sure that they had time to get everything together before the deadline. Some were also not considering short sales because of the timeline… and the emotional rollercoaster of waiting for third-party approval.
Each of these First Time Home Buyers had also chosen the Lilburn, GA, area for specific reasons… and cost wasn’t the primary motivator. Convenience was… Only a few years ago the primary motivator of location for many was how far out they would have to go to get the house and yard they wanted. Now more buyers are taking into consideration things like commute time, commuting costs, taxes, schools (none of them had kids yet, but schools were a consideration) and convenience to services and amenities.
Finally, of note, is that the majority were not aware that the buyer’s agent was generally paid by the seller and that the buyer’s agent’s comensation wasn’t likely to affect the seller’s fees. One thought that if they didn’t have an agent they would be in a better negotiation position.
It was both fun and educational to spend the time primarily listening to their impressions and opinions. Working with First Time Home Buyers in the Lilburn, GA, area is both fun and rewarding. After all, I am placing new neighbors, not just random buyers. I live where I prefer to work.
We will be holding open a really cool home in Lilburn that has two 2 car garages, 4 bedrooms, 3½ bathrooms, a full finished basement, sitting on over 3 and a half acres.
Lots of folks are wondering what is hiding up the hidden driveway… now is the chance to find out.
The house will be open from 2-5pm on Sunday, July 26th, 2009. The address is 590 Baltimore Ave, and the website is the same.
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Yesterday I posted about how some companies are adding junk fees to the traditional sales fees for both buyers and sellers. I think this practice is just plain wrong… especially the way it is usually presented.
In order to give my clients options and help them save some money, I offer three different fee structures and two different levels of service for home sellers. Here is the quick rundown:
One other thing to keep in mind is that most real estate agents are actually independent contractors. While we “work for” a brokerage, we aren’t employees. In some cases, we have the ability to set our own rates, services and other aspects of our businesses. So, even agents working for the same office may offer different services or fees.
In the case of Diamond Dwellings Realty, we are a small niche brokerage… we have agents that specialize in different areas or market segments. And as a smaller brokerage, we have a LOT of lattitude to deliver the best fit for a client’s needs.
My goal is to get YOU the best total deal.
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