So what is the story with the stimulus and the tax credit for first time home buyers anyway? How different is it from the tax credit that already exists? Originally, a $15000 stimulus credit was discussed, one that would be open to all home buyers who had not purchased within the past three years. This would have carried a $19 billion price tag. Congress reduced it to $8000. But you still are eligible if you have not owned a home within the past three years.
Afforable living in Buckhead is within your realm of possibilities. Priced from 170K to 460K, the Atlanta Condo homes at Realm are certainly within your reach – and now is a particularly good time to buy. The economic stimulus bill that is before Congress will not give you a $15000 credit as a first time home buyer, but it will give you one of up to $8000. That’s only $500 more than the present $7500, but this time, there are fewer limitations. At present, you have to pay the $7500 credit back over 15 years. The new $8000 credit will not have to be paid back unless you sell within three years. And we sweeten the deal too, when we give you cash back at closing. Prices and interest rates for qualified buyers are still low.
Just in time for Valentines day weekend, we’re here with a “sampler” of beautiful Atlanta Condos. And don’t forget our year round valentine to you – you save thousands via our commission refund.
One of the most exciting and affluent urban neighborhoods in Atanta is Buckhead. A neighbohood with history, lively retail and entertainment, and architectural significance, the area is home to many new high rises that infuse a cosmopolitan aura into a timeless area. Not all of your Altanta condo choices in Buckhead are contemporary high rises. Take a look at the Alhambra, built in 1927 and on the historical register.
There is a tremendous opportunity for Atlanta Condo buyers coming up this month with some rather prominent real estate auctions. On February 28, Accelerated Marketing Partners of Boston will be auctioning 40 units at Element at Atlantic Station. These units are owned by the developer, are brand new, unoccupied, and a great bargain.
Ready for a new experience in luxury living in the prestigious Buckhead area? Lets head on over to Peachtree Hills and take a look at The Astoria These 70 residences located by the historic Peachtree Battle site are setting a new standard of Atlanta Condo living in the midst of permanent green space.
Don’t miss the Atlanta Bicycle Campaign’s class in Confident City Cycling held this Saturday February 7 from 1-3at Wonderroot. And like the fuel for a bike, the class is FREE. After you’ve learned the basics of safe biking in Atlanta, get your gear together and take a view of the various Atlanta Condo buildings.
Looking for great community living with a suburban feel to it, yet so close to downtown Atlanta? Highgate at Sandy Springs may be just the home for you. Priced from $150K up, these two and three bedroom townhomes and two bedroom flats are one of the great Atlanta condo deals.
Here’s some cheery news for the Atlanta Condo market, and for the state of Georgia in general: Georgia has the lowest average mortgage rate for the week ending January 25, according to Zillow.com. Nationally, rates rose last week – Georgia’s average rate was 4.9%.
If you are looking for true loft living in a great Atlanta neighborhood, we’ve got a solution for you. Studioplex Lofts are well located at the intersection of Atlanta’s Old Fourth Ward and Inman Park, close to major attractions, offices, public transportation, and truly great residential shopping. It’s also your chance to live in a truly dynamic building community. Studioplex is a mixture of residential living and commercial space.
The lofts are true lofts – some have up to 18 foot ceilings.
The Brownstones at Honour are gracious and expansive living in a well maintained luxury townhome community. Located in the prestigious Buckhead area, these impeccably designed and maintained Atlanta townhome residences afford truly gracious and luxurious living.
If you’re thinking about buying a condo, and waiting until prices come down further, you might want to think about that a bit. Fannie Mae announced in December that effective April 1, a new Loan Level Price Adjustment (LLPA) would apply to condo and co-op loans. The grids can be found here.
Now what does that mean for you, the Atlanta Condo buyer?
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