Sally English Atlanta Real Estate

2200 Aldah Drive Tucker Georgia 30084 WIth Renovated Kitchen and Nesw Roof

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Sat, 06 Mar 2010 07:49:51 -0600

2200 Aldah Drive Tucker Georgia 30084 WIth Renovated Kitchen and Nesw Roof

Estate Owned Brick Ranch just placed on market. New paint. Newly refinished hardwood floors (in progress). A steal of a deal. at $199,900

FOUR SIDED BRICK RANCH.2 CAR CARPORT.NEW INT PAINT(NO WALLPAPER) FAM RM W/FPLC & SLIDE DRS TO BEAUTIFUL FENCED BKYD.NEW TILE FLRS IN MSTR & HALL BTHS.HDWD FLRS IN LR,DR & BDRMS.HALL LAUNDRY CLOSET.

Property Features
Single Family Property Status: Active Area: DEKALB-EAST County: DEKALB Subdivision: LAVISTA WOODS Year Built: 1963 3 total bedroom(s) 2 total bath(s) 2 total full bath(s) Single story Style: Ranch, Traditional	Living room Dining room Family room Bathroom(s) on main floor Bedroom(s) on main floor Hardwood floors Fireplace(s) 2 car carport Attached parking Heating features: Forced Air, Gas Central air conditioning	Cooling features: Central Electric Exterior construction: Brick 4 Sides Energy Info: High efficiency system Community swimming pool(s) Community tennis court(s) Approximate lot is 105X173X60X180 Lot features: Level driveway, Level lot, Private backyard Utilities present: Public water Elementary School: MIDVALE Jr. High School: TUCKER High School: TUCKER

Interior FeaturesBreakfast area, Crawl space basement, Dishwasher, DSL available, Gas water heater, Kitchen cabinets - white, Kitchen counter top - laminated, Laundry in hall, Master bedroom on main level, Roommate floorplan, Separate dining room, Shower, Split bedroom plan, Wall/Wall carpet Exterior FeaturesKitchen level parking, Patio, Paved road, Public maintained road

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

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All content copyright © 2009-2010 by Sally English RE/MAX Executives, Inc. Atlanta Georgia. This sale offering is made subject to errors, ommissions, change of price, prior sale and withdrawal without notice. Potential purchasers should make a physical inspection to verify all features independently. EQUAL HOUSING OPPORTUNITY. Each REMAX office is independently owned and operated. Sally English is not an attorney or CPA and ALL legal or tax advice should be rendered by a professional. Thanks for visiting my BLOG!

Fabulous Backyard and 4 Bedroom Split Level in Tucker at 4507 Lashley Drive

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 04 Mar 2010 06:26:33 -0600

Fabulous Backyard and 4 Bedroom Split Level in Tucker at 4507 Lashley Drive

Ready to move in split level floor plan with 4 Bedrooms plus a bonus room is located at 4507 Lashley drive, Tucker GA 30084. The subdivision backs up to Celebrity (Heritage) 18 hole golf course and the property is an easy walk to Lucky Shoals Park and Recreation Center.

¨ 4 BRs. 2.5 BATHS. Lashley Acres Subdivision. Tucker GA 30084

¨ New Corning Roof (2010) - 25 year warranty. New LR/DR carpet (2010)

¨ FORMAL LIVING ROOM open to entrance foyer and DR. New neutral carpet (2010). 2 windows. Crown molding.

¨ DINING ROOM open to LR. Door to kitchen. New neutral carpet (2010). Double windows. Wood blinds.

¨ COMPLETE KITCHEN RENOVATION: Lots of Ash wood cabinets with natural stain. Granite countertops with undercounter double stainless sink. Tumbled marble back splash with ceramic tile inlay. Pendent light over sink. Moen pull out single lever faucet (stainless finish). Cork floor. Open to breakfast room.

¨ PREMIUM APPLIANCES include a Kenmore range with solid surface burners and warming drawer (black glass finish). Thermador Ventahood (stainless). Maytag dishwasher in a black glass finish.

¨ BREAKFAST ROOM overlooks family room and is open to kitchen. Glass doors to deck. Cork floor. Steps down to family room. Ceiling fan and light.

¨ Family room, BR 4 and home office/bonus room on lower level.

¨ FAMILY ROOM on lower level has a masonry fireplace with raised brick hearth. Glass fireplace doors. 3 sided mantle. Door to patio. Bead board paneling with new paint. Door to hall.

¨ DOWN BED ROOM has entrance from hall. Spacious room with carpet, beadboard paneling, recessed lighting. 2 windows. 2 double closets.

¨ HOME OFFICE / BONUS ROOM is also accessed from hall. Vinyl floor. Bead board paneling.

¨ POWDER BATH also accessed from hall. Ceramic tile floor, sink.

¨ Door & steps to two car drive under GARAGE. Hot and cold water taps.

¨ Second floor has Master BR/Bath and BR's 3&4, Laundry, Hall bath.

¨ MASTER BEDROOM SUITE has carpet, double closet with sliding doors, ceiling fan and light. Two windows.

¨ MASTER BATH features a large vanity cabinet (stain finish) with simulated marble top and sink. Ceramic tile floor. Walk in shower with glass doors. Window. Large mirror/medicine cabinet.

¨ BEDROOM # 3 has a blue sky and clouds motif. Ceiling fan and light. Double door closet. Double window + single window.

¨ BEDROOM # 4 has carpet, double closet, ceiling fan and light.

¨ HALL BATH features a tub/shower combination, ceramic tile floor, large white vanity with simulated marble top and sink.

¨ LAUNDRY room with entrance from upstairs hall. Nice shelving. Washer and dryer combination. Vinyl floor.

¨ NEW SIDING is highly energy efficient. Extra insulation under siding!

¨ Fabulous BACK YARD has a gazebo, deck, patio and fire pit. Amazing collection of perennials, flowering shrubs and trees. Ducane gas grill.

¨ Walk to 68 acre Lucky Shoals Park and recreation center.

¨ Subdivision backs up to Celebrity (Heritage) 18 hole golf course.

¨ New Tucker library, shopping and services just minutes away.

¨ Nesbit ES

¨ Meadowcreek HS

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

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Atlanta Home Prices Tweaked for Tax Incentive Buyers Before April 30th Deadline

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 04 Mar 2010 06:41:01 -0600

Atlanta Home Prices Tweaked for Tax Incentive Buyers Before April 30th Deadline

Atlanta home sellers are sharpening their pencils and punching calculators to determine their best asking price on homes for sale before the April 30th Deadline to qualify for the $8,000 home Buyer Tax Incentive. Home buyers must be under contract by April 30th and then close in 90 days to meet all the qualifications for the $8,000 Federal Tax Incentive.

Newer Tucker Home Price Changed to $215,000

3491 Montreal Way

3 BEDROOMS. 2.5 BATHS.

¨ Montreal Woods Subdivision in Tucker Georgia 30084.

¨ Nine foot ceilings

¨ New interior paint.

¨ Carpets just cleaned.

¨ Storage building

¨ Fenced back yard: Privacy fence around perimeter of back yard. Gate.

Renovagted Tucker Ranch Price Droped from $234,900 to $229,900

2150 Aldah Drive Tucker GA 30084

3 BEDROOMS. 2 BATHS.

¨ Hardwoods in kitchen, family room, LR, DR, all BRs.

¨ Updated inside! Baths gutted to studs and totally renovated. All new finish! Kitchen renovated.

¨ Hunter fans throughout.

¨ Convenient to Emory / CDC / VA / downtown. Access to MARTA, CLIFF

¨ MIDVALE ES ¨ TUCKER MS ¨ TUCKER HS

CALL SALLY ENGLISH AND THE ENGLISH TEAM

Call Sally English and the English Team At RE/MAX Executives to see these homes or others in the neighborhood. 770-939-3174. sallyenglish@englishteam.com

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

Sally English and The English Team Launch New Atlanta Real Estate Website

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Tue, 02 Mar 2010 11:02:46 -0600

Sally English and The English Team At RE/MAX Executives Launch New Atlanta Real Estate Website

Sally English and The English Team are pleased to announce the launch of our new websites today at

http://englishteam.com/

Our web designers and programmers have been busy for the past few months putting together the tools you need to make informed decisions about the purchase or sale of a home in metro Atlanta Georgia.

SEARCH All Atlanta Georgia Homes on the MLS

http://www.searchatlantagahomes.org/

Check out our new Atlanta MLS search engine. You can search ALL ATLANTA Georgia homes at http://www.searchatlantagahomes.org/

Our search engine is map based and allows you to zoom in to a neighborhood by clicking on a map. As you drag the cursor over a property a photo fo the home and a few details like price and address pop up in a bubble over the map. It's a cool tool!

Need to be alerted when new listings pop up in a neighborhood you are watching? No problem, just sign in and you will receive email notices when a new listing hits the market.

Free Market Valuation of Your Home

Looking for answers about how much your home is worth. We have a couple of options for you to consider.

1. First option: We email the comparables to you. You never have to talk to an agent and you get some real time info that will help you with a market valuation of your Atlanta Georgia home.

2. CMA or Comparative Market Analysis. This is the traditional market valuation for home sellers and folks who are considering putting their home on the market. We need to actually walk through your home to do this one. But, you get a value that is a pretty good estimate of what your home would sell for in today's market.

THE ENGLISH TEAM ATLANTA GEORGIA Real Estate

The English Team specializes in homes and neighborhoods convenient to Emory University and the CDC. We offer advice and assistance with for both Buyers and Sellers and look forward to your visit to our new website.

Sally English and The English Team sell homes in neighborhoods throughout Atlanta Georgia including Northlake, Tucker, Decatur, Emory University, Centers for Disease Control, VA Medical Center, Mercer University, Lakeside High School, Briarcliff, Briarlake, Brockett, Buckhead, Chamblee, Doraville, Druid Hills, Dunwoody, Eastlake, Embry Hills, Evansdale, Hawthorne, Henderson, Idlewood, Intown, Lilburn, Livsey, Midtown, Midvale, Oak Grove, Pleasantdale, Sagamore Hills, Stone Mountain, and Winding Woods.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

Will Short Sales Meet the 2010 Federal Tax Deadlines?

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Sat, 27 Feb 2010 07:25:06 -0600

Will Short Sales Meet the 2010 Federal Tax Deadlines?

Will home buyers be added to the list of consumers suffering financial harm because of the actions of soulless Big Banks and major lenders? I am concerned because this may be the last shot first time home buyers have at the $8,000 federal tax credit.

What deadlines?

Home buyers must be under contract by April 30, 2010 and then close in 90 days. From IRS.gov

"an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010"

Sounds generous at face value. BUT, I have been doing short sales for a while and banks have not significantly shortened their response to contract offers despite promises to the contrary to Congress and to the American consumers.

Banks Still Dragging Their Feet When Responding To Contracts

When we send a contract in on a short sale, we are still sitting by the phone and waiting,,,,,and waiting and waiting for the bank to get back to us with an answer. Probably just a matter of not allocating personnel to a "work out" department in the banks structure.

But, the lack of communication puts the home buyer seeking the $8,000 tax credit AT RISK.

HOME BUYERS Only Get One Shot

Home buyers only get one shot at the Federal Tax credit. I am going to advisel my buyers to make offers in MARCH if they want to buy a short sale home AND get the benefit of the $8000 Federal TAX credit. Anything beyond the latter half of March and I would be concerned the Banks will not respond in time to be Under Contract AND close by the qualifying deadlines.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

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She's Back: Wanda Is Cruising The Neighborhood

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Sat, 27 Feb 2010 06:50:04 -0600

She's Back: Wanda Is Cruising The Neighborhood

Wanda is back in the neighborhood and she is a real turkey. That's right, a real American turkey. Wanda walks the neighborhoods off Henderson Mill Road and Evansdale Road looking for a mate every spring. If you have seen her in your neighborhood, drop a comment in below with the sighting location.

I confess to naming Wanda as a show of respect to her instincts for "wandering" around. This is truly an urban bird.

Did you know Wanda's ancestor was the runner up in the contest to name a national bird. The bald eagle was almost knocked off by the American turkey. Thomas Jefferson proposed the American Turkey be named the national bird. Wanda, you were almost somebody!!!!

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

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Short Sale Listing in Tucker Georgia Great Buy For First Time Home Buyer

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 25 Feb 2010 19:19:53 -0600

Short Sale Listing in Tucker Georgia Great Buy For First Time Home Buyer

I have a listing at 1714 Gloucester Way that will be a steal of a deal for a first time home buyer. This is a short sale. The lender will have to approve the price. That's because the current price is less than the owner owes on the mortgage. It needs some cosmetic love but the "bones" look great to me. The yard is out of control but some weekends with a saw and some leaf bags could perform a metamorphosis on this ugly duckling.

Steal A Tucker Ranch with Basement

1714 Gloucester Way

SHORT SALE: $ 139,900

¨ 3 BRs, 1 Baths. Larger corner lot.

¨ Full basement ready to finish

¨ Fenced back yard. Updated kitchen.

¨ Hardwood floor.Lender approval required

¨ Needs some cosmetic but solid throughout

¨ Brockett ES, Tucker MS & HS

Some buyers are looking at this and are seeing a problem with 1.5 baths. The configuration is a vanity area off the hall, a tub/shower area in the middle and then a connecting master BR vanity area. All these bath areas are connected by doors. No bath conversion is easy but a conversion to two separate baths would be quite economical in this situation. Call me if you need an estimate from a contractor.

Tim and I sold an investment home this summer we had owned for a number of years. This is a solid neighborhood with very little turnover. There are very few rentals (we never had [problems finding a tenant). I would like to buy it myself bit I don't have the down payment (one daughter in college and one in private school).

Yes, the home has a basement that is partially finished. It would be easy for many owners to finish out the space themselves. It is already wired etc. Just needs the cosmetics.

If you are looking for a clean, new paint, new hardware and light fixtures kind of home.....this is not it. If you would like to do a fixer upper and put some sweat equity dollars in your pocket..,.then get moving.

SALLY ENGLISH AND THE ENGLISH TEAM

Sally English and the English Team specialize in homes convenient to Emory University and the CDC. Call us at 770-939-3174 or EMAIL sallyenglish@englishteram.com. We speak real estate!

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

The English Family From Alpharetta Georgia

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 25 Feb 2010 19:41:00 -0600

The English Family From Alpharetta Georgia

My sister-in-law, Dani English, did a great thing for my husbands family this past Christmas. She hired a professional photographer friend of hers, Nikki Haslett, to take photos of the whole family. It took a couple of hours but we now have photos of my husband Tim's parents, family shots of the Tim. Mark and Paul English families AND individual shots of each grandchild (8 of them). Plus we have shots of the family in various combinations and all kinds of poses.

(My family is on the "right" hand side of the family in this photo)

My in-laws, JL and Helen English, live on a farm on Mayfield Road in Alpharetta (now City of Milton) Georgia and there were lots of great places for photographs. The boys grew up on the farm when Alpharetta was a small rural town. It has changed quite a bit as numerous Fortune 500 companies now call Alpharetta home.

The English Daughters.

Left to right:

Ellie

Hannah

Caroline

I am blessed with a great family. My sister-in-law, Dani, did a great thing for all of us. We have wonderful memories to treasure.

By the way, Nikki Haslett was great. Check out her website at www.thrutheeyesofnicola.com. We highly reccommend her work. She does MUCH more than portraits.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

Home Prices Reduced to Attract March 2010 Buyers Qualifying for $8,000 Federal Tax Deadline

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 25 Feb 2010 13:33:08 -0600

Home Prices Reduced to Attract March 2010 Buyers Qualifying for $8,000 Federal Tax Deadline

Sellers with homes on the market for more than 45 days have been encouraged to lower their prices to attract Atlanta home buyers shopping for a home before the April 30, 2010 Federal Tax Credit Deadline. Buyers must have a home under contract by April 30, 2010 and then close in 90 Days.

Atlanta consumer advocate CLARK HOWARD encourages consumers to know the specifics of the Federal Tax Credit and how to qualify for the $8,000 off on your taxes.

HOMES WITH PRICE CHANGE IN PAST TWO WEEKS

Low Maintenance Brick

3146 Henderson Walk

NEW PRICE: $ 279,900

¨ 3 BRs, 2.5 Baths.

¨ Brick fireplace.

¨ Two car garage. ¨ 4 sides Brick.

¨ Henderson Walk subdivision.

¨ Evansdale ES, Lakeside HS

Lakeside HS Renovation

3071 Randolph Road

NEW PRICE: $ 307,900

¨ 3 BRs 2 Baths. Large rooms!

¨ Kitchen: granite tops/new cabinets.

¨ Refinished hardwood floors.

¨ Full basement. Fenced back yard.

¨ Owner/agent. MARTA/CLIFF nearby

¨ Henderson Mill ES, Lakeside HS

Tucker Ranch*Swimming Pool

1643 Harbour Oaks Rd

NEW PRICE: $ 172,900

¨ 4 BRs, 2Baths. New paint

¨ Swimming pool with newer vinyl liner

¨ Hardwood floors just refinished

¨ Fam. Room*DR*Study*Breakfast RM

¨ Master Bath and kitchen updated.

¨ Idlewood ES, Tucker MS & HS

Bargain Priced/Estate Owned

2320 Melinda Drive

NEW PRICE: $ 274,900

¨ 2 BRs/2 Baths. LR, DR, Breakfast rm

¨ Huge family room with fireplace.

¨ Hardwood floors under carpet

¨ Large partially finished BASEMENT

¨ Solid home needs updating inside

¨ Hawthorne ES, Lakeside HS

Renovated Winding Woods

3658 Windy Court

$ 269,900

¨ 3 BRs, 3 Baths. Hardwood floors.

¨ Renovated kitchen: granite countertops

¨ Renovated Baths. New roof. New paint

¨ Sun room addition. New light fixtures.

¨ Fenced back yard. Water feature.

Midvale Elem. Tucker MS & HS (IB Program)

SALLY ENGLISH AND THE ENGLISH TEAM

Sally English and the English Team at RE/MAX Executives specialize in homes and neighborhoods convenient to Emory University and the CDC. Call us at 770-939-3174 or EMAIL sallyenglish@englishteam.com with your home buying questions.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

Atlanta Home Buyer You Must Be Under Contract By April 30, 2010 for $8,000 Federal Tax Credit

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Thu, 25 Feb 2010 13:07:34 -0600

Atlanta Home Buyer You Must Be Under Contract By April 30, 2010 for $8,000 Federal Tax Credit

Home buyers in Atlanta Georgia need to put their home buying efforts in high gear to meet the April 30, 2010 deadline for homes to be under contract to qualify for the $8,000 Federal Tax Credit. Home buyers will then need to close in 90 days.

NEW CONSTRUCTION

New home inventory is going fast. I met with a national builder this week who is projecting new starts WILL NOT be finished in time to close before the deadline expires. So, you are essentially looking only at a Builder's standing inventory to be on the safe side of the Federal deadlines.

RESALES

What about resales? Yes, there is substantial inventory on the market right now. BUT, much of it is not the best quality inventory. I project the first two weeks of March will see substantial Buyer activity and the best inventory will move first. Then there will be "projects", homes still priced above the market and homes with some objections left to deal with.

SHORT SALES AND FORECLOSURES

Short sales will need to get started right now to close before the 90 day deadline after April 30th. It takes months for the short sale banks to get back with a response. DO NOT wait until the last week of April to get your offers in to SHORT SALE lenders.

Foreclosures are the same as short sales. Get offers in well before the April deadline to get answers back from banks in time to be under contract by April 30th.

SALLY ENGLISH AND THE ENGLISH TEAM

Sally English and The English Team at RE/MAX Executives specialize in homes and neighborhoods convenient to Emory University and the CDC. Call us at 770-939-3174 or EMAIL sallyenglish@englishteam.comif you have questions about the $8,000 federal tax credit and how to qualify. We are not attorneys or CPAs but we do know our real estate market!!!

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

3 BR Northlake Condo Under $115,000 | Henderson Park Unit 3 G | 3301 Henderson Mill Rd Atlanta 30341

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Wed, 24 Feb 2010 10:47:35 -0600

3 BR Northlake Condo Under $155,000 | Henderson Park Unit 3 G | 3301 Henderson Mill Rd Atlanta 30341

Lots of space in this 3 bedroom 2.5 bath Condominium in the Northlake Embry Hills Neighborhood. Pick up a great deal on this short sale. Priced under 2 bedroom units in the same complex. New paint. Very private balcony and patio. Rec room on terrace leve. Must see inside!!!!

Walk across Henderson Mill Road to Kroger Shopping center, diner, banks, The Loop and other restaurants. On MARTA bus line.

¨ 3 BEDROOMS. 2.5 BATHS.

¨ Atlanta, GA 30341. Henderson Park Condominiums.

¨ Short sale approval required from lender.

¨ New Interior Paint

¨ Great privacy. Balcony and patio. Must see to appreciate.

¨ SPACIOUS GREAT ROOM features hardwood floors, large glass doors that open to balcony. Open to dining room.

¨ BALCONY overlooks wooded and rather private area. Condominium Assoc owns portion of wooded area. Room on balcony for plants and outdoor furniture. Peaceful spot.

¨ DINING ROOM also has hardwood floors. Open to great room and kitchen. Built in bookcases. Window.

¨ KITCHEN is open to dining room. Hardwood floor. Oak cabinets with light finish. Laminate countertops. Double stainless steel sink. Garbage disposal.

¨ APPLIANCES: Stainless steel finish appliances include Kenmore gas range, Kenmore built in microwave oven and vent combination above, Kenmore dishwasher

¨ LAUNDRY CLOSET in hall next to kitchen. Washer and dryer connections. Shelving and storage.'

¨ COAT CLOSET next to laundry.

¨ POWDER BATH opens to entry hall. Pedestal sink. Ceramic tile floor.

¨ 3 bedrooms and 2 full baths on second floor.

¨ MASTER BEDROOM has carpet, vaulted ceiling,large window, ceiling fan and light, walk-in closet.

¨ MASTER BATHROOM separate vanity and wet areas. Vanity area has carpet, vanity cabinet/sink. Wet area has a ceramic tile floor, walkin shower with glass doors and ceramic tile walls.

¨ BEDROOM 2 features a floor to ceiling window, carpet, ceiling fan and light, closet.

¨ BEDROOM 3 features floor to ceiling window, double door closet, ceiling fan and light, carpet.

¨ HALL BATH has a large vanity cabinet with laminate top and white bowl vanity sink. Ceramic tile floor. Tub/shower combination.

¨ STORAGE CLOSET on up hall. Very deep. Lots of room for holiday items, etc.

¨ TERRACE LEVEL has a rec area room, large storage room plus unfinished space with deck for dry storage.

¨ REC ROOM has carpet, large glass doors to patio and back yard. Lots of room for entertaining.

¨ STORAGE ROOM accessed from rec room has shelving. Unfinished bsmnt area has decking for storage.

¨ Generous parking right in front of unit.

¨ Swimming pool, club house, gym are part of Condo association.

¨ $285 mandatory monthly Association fee includes trash, pool, grounds, water, sewer, pest control and exterior maintenance. Manged by Heritage Property Management.

¨ Walk to across the street to neighborhood restaurants and shopping in Embry Hills. Also convenient to nearby Tucker and Northlake Mall shopping and restaurants..

¨ Convenient commute to EMORY /CDC/VA/Midtown.

¨ Hop on 85 for downtown inside the perimeter!

¨ Pleasantdale Elem School

¨ Henderson Middle School

¨ Lakeside HS

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

How Much Is My Atlanta Home Really Worth?

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Sat, 20 Feb 2010 09:55:43 -0600

How Much Is My Atlanta Home Really Worth?

No one person can determine what the market will price a home. We can make predictions based on good information, analyze the competition, and review recent sales information for comparable properties. A Comparative Market Analysis(also known as a CMA)will look closely at what "comparable" homes in your immediate neighborhood have sold for and then consider the differences between your home and the homes that have sold. CMAs are performed by licensed professional Realtors.

Comparative Market Analysis

CMAs use a data base, generally the local multiple listing service (aka MLS) which contains detailed information about recent sales, pending sales and homes that are presently listed for sale. CMAs focus primarily on recent home sales. Realtors look closely at the location of the comparable home, the date of the sale, the sales price, any special circumstances with impact on the sales price (example: foreclosures), condition of the property sold and the property's physical characteristics.

Adjustments In Price Based on Physical Differences

The physical differences between the homes sold in your immediate neighborhood and your home will be considered in the form of price adjustments. If a comparable home sale has a basement and yours does not, then a deduction in price will be made to your homes "market value". If your home has a sun room and the comparable home sale does not. The lack of a sun room in the comparable sale will be acknowledged in the form of a deduction to the sales price of the comparable home. These adjustments are made until the point where the two homes are on a "level" playing field. This is how the estimate of the market value of your home is determined.

The CMA is an estimate of the value of your home if sold in the present market conditions.

Sally English and The English Team

Sally English and The English Team specialize in homes and neighborhoods convenient to Emory University and the Centers for Disease Control. Call us if you are considering the question "how much is my Atlanta home really worth?" We have answers.

Atlanta homesellers: call Sally English and the English Team for a FREE CMA for your home. We would be pleased to provide a Comparative Market Analysis of your Atlanta Georgia home at no obligation to you.

Call Sally and The English Team at 770-939-3174 or EMAIL sallyenglish@englishteam.com

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

View More of SALLY'S BLOG: Sallys Atlanta Real Estate Updates | EMAIL SALLY: sallyenglish@englishteam.com

Visit our WEBSITE: http://englishteam.com/ | http://sallyenglishblog.com/

Tucker Closing Attorneys: Kareem Maddison, Office of Morris Hardwick and Schneider

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Fri, 19 Feb 2010 08:25:14 -0600

Tucker Closing Attorneys: Kareem Maddison, Office of Morris Hardwick and Schneider

The English Team lists, sells and closes a lot of homes in the Tucker Georgia suburb of Atlanta Georgia so it was no accident we ran into Kareem Maddison soon after his arrival at the Tucker Office of Morris Harwick Schneider. Our first impression was how helpful his office was with the documents sellers need to do short sales. We soon found out he provides this same wonderful service to buyers and sellers. Kareem could not do this without the more than capable assistance of Clarissa Choto and Nicole Warren. They make the office tick like a Swiss watch and they always keep a smile on their face and a leap in their step!

From the MHS website Bio: Kareem Maddison is an attorney in the firm's Tucker - Northlake office where he focuses his practice on REO and conventional residential closings. Kareem joined Morris|Hardwick|Schneider in 2003. He is a member of the Real Property Law Section of the Georgia Bar and serves on the Pro Bono Committee. Kareem is also a member of the Georgia Real Estate Closing Attorneys Association

Kareem earned his B.A. from the University of Virginia and his J.D. from Emory University School of Law. At Emory, Kareem was awarded the Ben Johnson Academic Scholarship and the Black Law Students' Association Merit Scholarship.

In his spare time, Kareem enjoys golf, skiing, and collecting music.

Clarissa Choto, Closer

Nicole Warren, Closer

Contact Info:

4500 Hugh Howell Road Suite 350
Tucker, Georgia 30084
Phone: 770-723-1282
Fax: 770-723-1283

SALLY ENGLISH and THE ENGLISH TEAM

Sally English and The English Team serve the Tucker-Northlake real estate market and provide excellent advice for buyers and sellers. Call us at 770-939-3174 or EMAIL sallyenglish@englishteam.com and get started on your real estate move.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

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Federal Reserve Bank Raises Discount Interest Rate and Real Estate Market Caught in the Headlights

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Fri, 19 Feb 2010 07:28:23 -0600

Federal Reserve Bank Raises Discount Interest Rate and Real Estate Market Caught in the Headlights

The Feds discount rate move not unanticipated but the timing was a surprise. The rate was increased from 0.5% to 0.75%. This is the emergency rate charged to banks when they are in trouble. It is really more of a signaling device of future Federal Reserve Bank moves. However it does represent a tightening of the stimulus measures used to unlock the sluggish national economy.

The discount rate is the interest rate charged when Banks have to borrow emergency funds from the Federal Reserve bank. The Wall Street Journal reports banks have not used this emergency source of money a lot recently.

What does it mean? Credit will be tightening. The more important Fed funds rate is probably next move. But hopefully this move will not take place until late this year. The fed funds rate is the interest rates at which banks lend to each other.

The good news is that Fed feels comfortable enough to do this. Most economists believe the move is long over due. They think the Federal Reserve is trying to avoid Greenspan era mistakes where rates were kept artificially low for too long. But, the move comes out of the blue and in between meetings, which is unusual.

What does the move signal for the real estate market? We know more about the effects on the stock market as this excerpt from a Wall Street Journal article shows:

"So the Fed has taken a calculated risk that the markets can at least bear this much rolling back of the monetary free for all. However, the combination of low inflation and cheap money kept stock markets buoyant when there was little else to do so. Times are easier now, but still any hint that the life support is going to be switched off forces investors to face what they really think about the global economy's prospects unaided by state help." David Cottle, The Fed's Calculated Risk, Wall Street Journal Feb 19, 2010

If the stock market reacts negatively, the effects will overflow into the real estate market. My guess is the Fed wanted to make this move before the Federal Tax Credit deadline of April 30th (Last day to have a house under contract to qualify for the $8,000 Federal Tax credit).

Bottom line: this was not good news for home sellers. For home buyers, you have yet another arrow in your quiver when negotiating a home purchase. What are you waiting for? Take advantage of the strong Buyers market now.

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

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Is The FDIC Killing Indymac OneWest Bank Short Sales?

Sally English|Atlanta Georgia Real Estate (The English Team at REMAX Executives) — Fri, 19 Feb 2010 07:46:06 -0600

My associate Robert Hertzog in Phoenix AZ provides some insight as to why some lenders are NOT cooperating on short sales. Looks like their sweetheart deals with the FDIC give them more incentive to foreclose on a loan as opposed to participating in a short sale before the foreclosure. Stay tuned for more info!

Sally English

Via Robert G Hertzog (Summit Home Consultants):

Is The FDIC Killing Indymac OneWest Bank Short Sales?

As some of you may already know, I specialize in helping homeowners avoid foreclosure through the use of short sales. Recently, I dealt with a very interesting case involving Indymac/OneWest Bank, that I felt needed to be brought to the attention of all American taxpayers.

Basically, IndyMac Bank (now OneWest Bank), is holding one of my clients hostage, demanding a $75k promissory note, or they will proceed to foreclosure. For the life of me, I couldn't figure out why they were doing this. The BPO came in at the contract price of $275k, with a net to IndyMac of $241k. What advantage could there possibly be for them to proceed to foreclosure?

Yesterday, I figured it out. You see, IndyMac was taken over by the FDIC and sold to OneWest Bank in March/2009. Guess who the investors are behind OneWest? George Soros, Michael Dell, Steve Mnuchin (former Goldman Sachs executive), and John Paulson (hedge-fund billionaire).

Now, listen to the deal they got from the FDIC....

Basically, they purchased all current residential mortgages at 70% of par value (70% of the outstanding loan amounts). They purchased all current HELOCS at 58% of Par Value!!!

Next, in order to "sweeten the pot", the FDIC stepped in and guaranteed the following: For any residential mortgages where OneWest experiences a loss, the FDIC will step in and cover anywhere from 80%-95% of the loss. The loss is calculated using the ORIGINAL LOAN BALANCE, not the amount that OneWest paid for the loan. Let's use my clients actual situation as an example:

Loan Amount is $478,000, plus 6 months of missed payments, for a grand total of $485,200

OneWest pays $334,600 for the loan

We have an all cash offer of $241,000, net to OneWest.

So, let's do the math, shall we? The net loss, according to the FDIC formula is the ORIGINAL LOAN AMOUNT minus the amount of the offer. In this case, $485,200-$241,000, or $244,200. Next, the FDIC, according to their Loss Share Agreement, writes a check to OneWest for 80% of the so-called "net loss". So, in this case, OneWest gets a check from Uncle Sam for $195,360 (.80 X $244,200).

Add the $195,360 to the sales price of $241,000, and you get a grand total of $436,360. Remember, OneWest paid $334,600 for the loan. So, OneWest puts $101,760 in their pocket, thanks to the FDIC. Folks, that is over $100k of our hard-earned tax dollars!

So, you ask...Why does this program hurt short sales? Because, our brilliant government offers this SAME PROGRAM FOR FORECLOSURES! The only difference is, the government picks up 80% of the tab on all of the extra costs associated with a foreclosure (BPO's, upkeep, utilities/maintenance, legal fees, etc.)

So, If I'm OneWest, why would I want to waste my time negotiating through a Short Sale, when I can make the same amount of money (if not more) by just letting it go to foreclosure? And we wonder why nobody can get a Loan Modification? Why would OneWest approve a loan modification for this guy, when they can foreclose and make over $100k? And, to add injury to insult, they have held this loan for 6 months! Not a bad ROI, huh?

What infuriates me the most is that in my particular case mentioned above, they have the guts to hold my client hostage for a $75k promissory note, after they are already making more than $100k on the sale!!! This is his primary residence, 1st Position loan, and OneWest has NO RECOURSE! Imagine if they could make $100k, then get a deficiency judgement! Talk about making some big bucks!

Can you say "GREED"?

But wait, here's the best part... I sent letters to Senators John McCain and Jon Kyl, with a cc to the CEO of OneWest, explaining the current loss-share agreement, as well as including the FDIC worksheets, with the actual numbers in this case, showing them that OneWest was making a profit of over $100,000 on this deal, thanks to the FDIC. Within 24 hours, I received a response from the PR Firm representing OneWest, telling me that OneWest would dismiss the promissory note requirement, and the short sale was approved. We closed escrow 3 weeks later. My client not only avoided a $75,000 commitment, but also salvaged his credit by short-selling his home, versus handing it back to OneWest via foreclosure.

The scary thing is that at the end of 2009, the FDIC reported that they had agreed to 94 different loss-sharing agreements (totaling $122 BILLION). Strangely enough, the only one that I could find on the FDiC website was the OneWest bank arrangement.

This entire agreement between the FDIC and OneWest can be found here, on the FDIC website. It's all there, for the world to see! They have it all laid out. All of the formulas, worksheets, etc.

Now, it's up to us to bring it to the attention of our elected officials and the media. Enough is Enough!

Wait, it gets better...The FDIC just announced that they are "considering" borrowing money from the U.S. Treasury in order to replenish it's deposit insurance fund (the same fund being used to pay all of these banks in the Loss Share Agreements). Go Figure! Don't believe me? Click Here to read it.

Update 2/16/10: On a side note, many of you have sent emails, called, and/or commented on the recent video produced by TBWS. The day the video was released, I began receiving emails, calls, etc. from folks, asking me if I had anything to do with the video. While the numbers they quote in the video are the exact numbers in the blog post above, I had absolutely nothing to do with it's creation or production. Apparently, someone sent them the blog, and they produced the video with the information contained therein. While I'm happy that the video was able to get the story out to more people (which was my original intent in writing the blog), I must say that I was disappointed that TBWS made the conscious decision to not give credit to where they got the information, either in the "1st edition" that was released on 2/8/10, or the "revised edition" that came out on 2/16/10, in response to the FDIC Press Release. I commend them for squeezing in an acknowledgement on their 2/9/10 video, after I called Brian and reminded him of where all of their information came from. Despite numerous efforts to contact them, they have now chosen not to respond. To each his own, I suppose. Either way, please know that I had nothing to do with the video, and it was done without my knowledge.

Robert G. Hertzog

Phoenix Real Estate Consultant

www.foreclosureuturn.com

RE/MAX Executives, Inc.; 2260 North Druid Hills Road Atlanta, Georgia 30329 |770-939-3174

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