Short Sale Success in Glenwood Green

Short sales are a big part of today's real estate market. Unfortunately, many sellers are upside down or in a tough financial situation. A short sale is often their best or only option. You can read more about how they work on our Short Sale Page.

From a buyer's standpoint, short sales have the reputation of being long, drawn out, and difficult. They got this reputation when sellers first started attempting them with regularity a few years ago. The banks were ill equipped to handle them, and it often took many months to find out the sale was not approved. Times have changed and some banks and some agents are better prepared to get the transaction to the closing table.

A few months ago, one of my clients who was a first time home buyer, saw a great townhouse at a great price in the Glenwood Green Community between East Atlanta and Grant Park. However, it was a short sale. If buying your first place isn't difficult enough, try adding the complexity of a short sale (we covered this complexity in a blog post on our First Time Home Buyer Series). After talking through the situation, he decided to go for it. We knew the listing agent was well versed in short sale, that the seller's lender has a decent short sale process, and that the seller was on board to get the transaction done. We also knew that if he could get it, it would be a great deal!

I am happy to report that the property closed last Friday, less than 100 days from when we first saw the it. The buyer got a great deal, the seller moved the property, and the bank didn't have to put another property on their books. It sounds like a win-win-win to me! It helps to have experienced people working on all sides of the transaction, and the listing agent Michael Neville deserves a thanks for his hard work with on the seller's side.

This goes to show that with some patience in your moving schedule and with experienced agents guiding the process, you can get a short sale to the closing table in a timely manner. So don't be scared! We can help navigate through the short sale process!

Justin Landis
Keller Williams Realty
404-803-0471
justin.landis@kw.com

http://www.richhomesatlanta.com/neighborhoods/grant-park/

East Atlanta 4/3 for only $229?!?!

The last few years I bet most of the people you know who purchased homes told you that they got a good deal. However, I know that when you are looking for yourself, it can feel like all the good deals are gone. Look no further! The price was just dropped on this completely renovated 4 bedroom / 3 bath home only one mile from the East Atlanta Village. The home has brand new systems, roof, kitchens, and baths. Not to mention a finished basement that makes the home's square footage over 2500 sq. ft.!

This is going to be the best price anyone has gotten on a 4/3 within a mile of East Atlanta in all of 2010 or 2011. Now, that's a deal!

For complete details and lots of pics of the home, click here - 2128 Cedarbrook Ct.

Justin Landis, Keller Williams Realty, justin.landis@kw.com

Flying Biscuit Cafe Owner to Open New Concept in East Atlanta

If you're like me, and you are tired of looking at the abandoned Supreme Fish Delight building everytime you ride down Moreland, then I've got some good news for you! The creator of Flying Biscuit Cafe and the owner of Porter Beer Bar are teaming up to bring a brand new restaurant to East Atlanta. It will be called Delia's Chicken Sausage Stand and will serve breakfast all day plus several variations of chicken sausage on hoagie rolls, if you're not in the mood for breakfast. For more info about the restaurant, check out the AJC food blog.

Set to open in late January, I'm hopeful it will be another great addition to the EAV restaurant lineup. Let me know if you plan on going, I'd love to join you.

Charming East Atlanta Newer Construction

Here is another listing of mine, it's a newer construction craftsmen bungalow on a quiet street in East Atlanta. This house has tons of space and finishes for the price. A newer construction home but with plenty of character. The location, lot, and quiet street really set this home apart in my mind.
Check out the virtual tour here.

Let me know if you know someone that is interested.

Newer Construction in East Atlanta

Here is a listing of mine in the East Atlanta neighborhood Boulder Walk. Boulder Walk is a neighorhood of newer construction homes with quiet streets, a great HOA, and is completely built out.

The home has 4 bedrooms and 2.5 baths. It has a lot of the great features of a newer home - bigger rooms, more spacious closets, higher ceilings,etc. -but is still intown and convenient to East Atlanta Village.

Here are a few pics below, but if you want to see all of them check out the virtual tour. Let me know if you have someone in mind that might want to check it out.

East Atlanta Renovation -- Backs up to Brownwood Park!

Here is one of my newest listings, an awesome renovated bungalow that is steps to East Atlanta Village! It has been completely renovated and has tons of character and great finishes throughout. The dual sided fireplace in the living room and dining room is definitely worth checking out. The house not only has 3 bedrooms and 2 full baths in the main house, but it has a really cool carriage house in the back with another bedroom, full bathroom, kitchen, and a 1 car garage. It could be an office, studio, or even a rental - either way it adds a lot of space.

I put a few pics below, but if you want to see more you can check out the virtual tour.

Also, there is going to be an Open House here on Sunday from 2-4p, so if you're out and about or in the neighborhood, stop by and say hey!