Posted in Living in Atlanta, Metro Atlanta, North Fulton, Videos, tagged alpharetta homes for sale, alpharetta realtor, andrea cueny, atlanta fine homes, atlanta fine homes sotheby's international realty, atlanta real estate caravan, atlanta realtor, atlanta realtor caravan, bill rawlings, homes for sale in the river club, real estate caravan, real estate market atlanta, real estate records, real estate sales, river club suwanee, sales meeting, state of the real estate market, the river club, the river club homes for sale, what i heard at sales meeting on July 26, 2012 |
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Each week, the real estate professionals at Atlanta Fine Homes Sotheby’s International Realty meet as a group for Sales Meeting. Commonly led by the Managing Broker, the President, or CEO of the company, Sales Meeting is a time for agents to share market updates, learn about market trends, and find out about the hottest new homes on the market.
I have shared pertinent information from past sales meetings here on the blog, but what I haven’t disclosed is where you can find me and other Metro Atlanta REALTORS® immediately following sales meeting… on caravan. Bill Rawlings, North Atlanta office Managing Broker and Vice President, explains caravan below from The River Club in Suwanee where Tracy Sardelli, a fellow agent in the North Atlanta office, held a listing open.
The River Club is exquisite and the 6 bedroom, 5 full and 3 half bath home was exceptional. As we toured the home, I took pictures of my favorite details and have included them below. You can also view the professional photographs here on my website.
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Posted in Appraisals, Preparing your home for sale, tagged alpharetta homes for sale, alpharetta real estate, andrea cueny, appraise house, atlanta fine homes, atlanta fine homes sotheby's international realty, atlanta real estate, getting house appraised, house appraisal, sothebys international, sothebys realty, what to expect home appraisal on January 13, 2011 |
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In a house appraisal, a licensed appraiser visits the property and writes a report that includes basic features of the property and an assessment of its value. Most people know of appraisals in the context of home sales because a lender orders an appraisal to ensure that the mortgage amount does not exceed a certain percentage of the home’s value.
Two major types of appraisals for homes serve different functions. A market cost appraisal assesses what the home should sell for in the current housing market and is the type used by lenders to assess how much money to loan the buyer. A replacement cost appraisal is more commonly used in the sale of new homes and for other purposes, such as insurance.
As one step of the appraisal process, the appraiser compares the home to other comparable homes that have sold in the area within the past six to 12 months. In a quickly changing real estate market, the appraiser may limit the comparison to more recent sales for accuracy. If the buyer knows of any special circumstances that affected the sale price of homes in the area, such as a short sale due to a divorce or relocation, mentioning these to the appraiser can help keep the low sale prices from having too much of an influence on the home’s appraised value.
Part of the appraisal considers the neighborhood in which the home is located. Factors such as having good schools, parks or shopping districts within walking distance and ample street lighting can increase the value of a home. A location near noisy or undesirable areas such as train tracks, busy roads or airports may decrease a home’s appraised value.
A home appraisal is not an inspection and therefore does not check to be sure that the appliances and plumbing all work well. Rather, it assumes the home is in good working condition. The appraisal looks at more basic information such as the number of rooms, type of flooring, layout of the home, square footage, the garage and yard and landscaping.
Although an appraisal does not necessarily take a home’s cleanliness into account, the homeowner may want to tidy up the home before the appraisal to ensure that the appraiser is not hindered by clutter. Drawing the appraiser’s attention to the home’s best features or defining features, such as an addition, new roof, new windows or remodeled kitchen, may help increase the home’s value if these are noted on the appraisal.
Read more: What Does a House Appraisal Consist Of? | eHow.com
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Posted in State of the Real Estate Market, tagged alpharetta homes for sale, alpharetta real estate, alpharetta realtor, andrea cueny, atlanta real estate, atlanta realtor, john paulson, manhattan real estate, olympic tower, rockefeller center, state of the real estate market on December 23, 2010 |
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John Paulson, the hedge fund manager, earned $15 billion for his firm in one year by successfully anticipating just when the housing bubble would burst.
So is it a bullish sign for Manhattan property if he is buying here now?
Mr. Paulson purchased a two-bedroom apartment at Olympic Tower, a luxury condominium on Fifth Avenue across the street from St. Patrick’s Cathedral and Rockefeller Center, for $2.85 million, according to public records. The 51-story building was developed by Aristotle Onassis and is popular with part-time residents from abroad.
Please click here for the entire story from the Wall Street Journal.
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