The Atlanta Condo Loft

DUO Condos hit the Atlanta auction block! The Auction at Duo Atlanta is a fantastic opportunity for prospective Atlanta condo buyers to purchase a brand new Atlanta home with minimum bids starting as low as $75,000.

On Sunday, June 21, 2009, DUO Condos Auction will present 24 Atlanta Condos up for auction. DUO Condo  units come in a variety of floor plans and interior features include stainless steel appliances, hardwood floors, granite countertops, designer bath fixtures, and private balconies or terraces, among many other great features. Amenities at Duo condos in Atlanta include elevators to finished corridors, interior design planned environment, rich landscaping, wi-fi access, swimming pool & sun deck, state of the art fitness center, and a dog walking area.

Auction at Duo is set to be held:
Embassy Suites at Centennial Olympic Park.
267 Marietta St NW
Atlanta, GA 30313

Open houses will be available on a daily basis from May 27 thru June 20.
Open House Daily
425 Chapel Street
Atlanta, GA 30313

Feel free to Contact Me Today for more information on touring the Duo Condos and learning more about the Auction at Duo. You have the right to have a buyers broker to represent you in the purchase of your new home, know your rights and learn more about how we can help you save.

Happy bidding!

Georgia statewide Homebuyer Tax Credit  has just been signed into law! Very exciting news for prospective home buyers throughout the state of Georgia and especially prospective Atlanta condo buyers.

As of May 11, 2009 House Bill 261 was signed into law and this Georgia homebuyer bill establishes an income tax credit against individual income tax for the purchase of an eligible single-family residence located in Georgia.

Below are some important factors to know for the Georgia Homebuyer Tax Credit:

-No penalties if awarded.

To view the Georgia Dept of Revenue Memo, click here

Contact Me Today for more information on this Georgia Statewide Tax Credit and how it can help you find that new Atlanta Condo while saving you even more $$$ via our commission refund model. Learn How it works

The much anticipated auction of two Atlanta condominiums happens this weekend. It’s not too late to contact me with questions, and to register and preview the units at Aqua and Cosmopolitan at Buckhead.

Auctions can be a great way to purchase an Atlanta condominium home. With starting bids at approximately 50% of the original asking prices, auctions offer the opportunity for steep discounts, and establish a floor for the true market price. They result in buildings being occupied with homeowners who pay maintenance and make a community. This adds value to the real estate.

For more information about this or any other Atlanta condominium auction, please get in touch with me. I’ll be happy to answer any of your questions, and help you obtain the best financing, and put forward your best offer.

Find out why CondoDomain is different from other real estate brokers.

The Cosmopolitan at Buckhead will be holding an auction on May 17 at the Westin Buckhead. Preview these luxury Atlanta condos from now till May 16. Forty upscale Atlanta condos are being auctioned, and minimum bids start at $105,000. These opening bids represent at least a 49% discount off the original pricing.

FHA financing is available for qualified buyers, with 3.5% down. And there is no buyers premium!

Contact me before you register or preview these Atlanta auction condos - I can answer many of your questions about these condos and about this auction, and help you get the best deal possible, and the best financing.

This is a tremendous opportunity to buy at The Cosmopolitan at Buckhead for a well prepared buyer. I will work with you to have the strongest preparation, strategy, and financing possible.

Find out why Condodomain is different from other real estate brokers.

Atlanta’s Midtown Mile is full of choices in luxury living for the discerning buyer, and at great prices too. Midtown Atlanta is a top retail destination, and is experiencing a residential renaissance.

Take a look along the Midtown Mile corridor, and you will find incredible Atlanta condo buildings with great views and fabulous amenities. Take a look at these amazing buildings right on the Atlanta Midtown Mile:
ViewPoint
Plaza Midtown
Aqua

As we mentioned last week, residences at Aqua are due to be auctioned on May 17, at incredible starting bids.

Find out why CondoDomain is different from other real estate brokers.

The auction of midtown Atlanta condos at Aqua will take place Saturday,  May 16 at The W Atlanta. What advantage is to be gained with these real estate auctions, where the opening bid is sometimes less than half the original asking price?

In a typical open market, one buyer may come along and negotiate one price - and the buyer for the next unit may negotiate a lower price. So, the buyer for the third unit will see that prices are going down, and try for an even better deal. But at a real estate auction, where 30 or 40 units are being sold all at once, a focused marketing event establishes the true baseline of the market price - and the perception of a great deal. This makes it more likely that when you resell once the glut of new condominium units is off the market, you will not be in a downward spiral on the pricing, and can build equity.

It’s expected we’ll see more auctions for midtown Atlanta condos, since there are a great many of them, and developers want to move the inventory. So this means some great deals for today’s buyers of midtown Atlanta condos.

Midtown Atlanta condo auctions are a great opportunity for today’s buyer. Please contact me about pre-registration before you go to the Aqua auction- I can then represent you at the auction, and help you obtain financing and determine your pricing strategy.

Find out why CondoDomain is different from other brokers.

Now is the time to take advantage of Atlanta’s great buyers market for Buckhead condos. The Buckhead neighborhood has show tremendous performance in commercial leasing and luxury living. Buckhead condos are well known for their luxurious amenities, superb location, and work/life amenities.

Take a look here at Atlanta Buckhead condos currently available:

The Buckhead Grand

Paces 325

The Cosmopolitan at Lindbergh

Skyline at Lindbergh

Ovation Atlanta

There are also some terrific real estate auction opportunities coming up in Buckhead.  Cosmopolitan at Buckhead will be auctioning unsold units on Sunday, May 17, at the Westin Buckhead.  Contact me for details and registration.  I’ll have more auctions to list shortly.

So let me get this straight, the City of Atlanta gorges itself on taxes rom properties that soar in value while increasing services and jobs for nephews during the housing boom. Then, when the bottom falls out of the market, it not the city’s fault, but the fault of the mortgage companies that Atlanta is broke and has over spent themselves?

Now they want to sue the mortgage companies o get lost tax revenue, because the mortgage firms lent to people that got foreclosed upon? The citizens of Atlanta should sue the Atlanta elected officials who squandered the surplus in the tax revenue that came in the door during the boom.

Interesting article - follow it here.

Source: The Real Estate Bloggers

Search: Atlanta Condos

Atlanta lofts are a popular lifestyle choice right now.  Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

905 Juniper Lofts in Midtown is an eight story loft building in a historic neighborhood.  Ample terraces afford fantastic views of Atlanta. 905 Juniper features a pool above the parking deck, fitness center, and courtyard.  Typical of modern Atlanta lofts, 2000 sq feet of retail space is on the ground floor.

Call us to tour 905 Juniper Lofts and remember, with CondoDomain, we give you money back at closing.

Our article about the real estate auction of 40 units at the Element at Atlantic Station generated a lot of interest from our buyers.

And why not? Atlanta condo buyers are looking for as many great deals as they can find now - and real estate auctions are one way to get a great deal.

Another Atlanta condo auction will take place on March 29.  The Horizon near Cobb Parkway will auction 40 units at the W Perimeter in Atlanta.  Check in begins at 12:00 that day, and the auction begins at 1:00 pm.  There is NO BUYER’S PREMIUM.  Contact me about previewing these incredible Atlanta condo residences before this opportunity is gone.

The Atlanta Journal-Constitution reported that a three bedroom townhouse at Element sold for $257,000. This is well below the original asking price of over $400,000. A two bedroom sold for $211,000, a significant savings off the $289,000 listed price.

In the short term, an auction is not good news for people who already own residences in the building because of the pressure on prices. But in the long term, it can benefit everyone, because it gets the units sold, and the building does not sit empty, which also devalues the property. An auction establishes a floor on the real market price.

All the great things about owning a an Atlanta Condo at the Element at Atlantic Station are still true. You still are in a great location, with a spacious residence, swimming pool, sundeck, and luxurious finishes that include granite counter tops and stainless steel appliances in the kitchen, and large soaking tubs and separate glass enclosed showers in some baths. Pricing right now is listed as being from the $160s, and you have a choice of floor plans.

I can give you information on the Atlanta Condo market that is up to the minute, and benefits you, the buyer. This includes auctions, foreclosures, and listed sales. Best of all, I can find the right residence just for you - and remember - When you buy your Atlanta Condo with Condodomain, you save even more because we give you money back at closing.

The first time home buyer tax credit of $8000 is generating a lot of interest among potential Atlanta  Condo buyers - and a lot of questions.

What’s interesting for all home buyers is the various initiatives in states right now - California just passed a $10000 tax credit for newly constructed homes available to ALL home buyers this year, in addition to the federal $8000 credit for first time home buyers. Delaware is considering mortgage and down payment assistance. Missouri is considering a $1000 credit for all home buyers, which is attached to a jobs bill. And on a more localized level, Philadelphia is offering up to $5000 for 300 new home buyers IF their employer matches the contribution. So far about 180 people have qualified under the Home-Buy-Now program. Philadelphia also has many properties that qualify for a 10 year tax abatement.

Keep watching your state and your city legislators - more help may be on the way.

Some questions that buyers have posed recently:

1. What happened to the federal $7500 credit? Can I claim that AND the $8000 credit too?

No. The $7500 credit can be claimed this year for purchases in 2008 - and it has to be paid back. The $8000 credit is for homes purchased in 2009 - and does not have to be paid back.

2. Who is a first time home buyer?

For the purposes of the $8000 first time home buyer stimulus credit, a first time home buyer is someone who has not owned a home within the past three years.

3. What happened to the $15,000 credit that was being talked about?

In the final stimulus bill, Congress reduced it to $8000, and allowed for credits on vehicle purchases. Many people in the building and real estate professions are lobbying for a full $15,000 credit for all home buyers - across all markets that would be a REAL jump start, especially in those areas where prices have fallen more than 50%. But hey, right now, it is what it is - grab it and go for it.

4. When do I see the money?

When you file your 2010 tax return.

5. What else can I do to get a great deal?

Glad you asked that question. In addition to the tax credits, here at Condodomain, we encourage you to contact our local realtors to find the best deal that is right for you - and when you get to closing, we give you money back. Yes, we offer a rebate on the commission costs that the seller pays. We charge you a flat fee for buyer representation, and the rest of the commission goes in YOUR pocket at closing - not ours.

If you buy an Atlanta condo for $500,000 we negotiate the best deal possible for you. We help you find the best possible mortgage for you. Then, at closing, we cut you a check (based on a price of $500,000) for up to $10,000. Next year, when you file your taxes, claim your tax credit based on your purchase price for additional savings.

Call us today to take advantage of all the great deals on Atlanta condos for ALL home buyers.  And remember, we’re the people who provide you world class service and give you money back at closing.

The Astoria at the Aramore recently announced that they’ve just had their first closing of a sale, with more expected to follow soon. This Atlanta condominium is a midrise with 70 residences in historic Peachtree Battle.

The closed sale was the Guggenheim floor plan, a two bedroom 2 1/2 bath residence of approximately 2086 square feet with breathtaking views. The residence features a Thermador Kitchen, a large master suite with spa and walk in closet, and floor to ceiling windows. There’s a spacious 187 square foot terrace.

Atlanta condominium homes at The Aramore start at $400,000, and luxury penthouses start at $900,000. It’s really a prime location, between Midtown and Buckhead, and convenient to the Buckhead financial center.

You’re surrounded by the finest Atlanta has to offer - one of the most popular fine restaurants, Restaurant Eugene, is on the retail level of The Aramore.

With 15 different floor plans to choose from, your Astoria at the Aramore residence is appointed with luxurious finishes, to suit your exquisite lifestyle. Amenities include a pool with sundeck and heated spa, a wellness center, clubroom, 24/7 concierge, gated parking, and controlled access to residential areas. There’s also a guest suite, a pet walking area, and plenty of green space.

These luxurious Atlanta Condominium residences are selling - and the sales are closing. Contact me about owning your residence at The Astoria at Aramore today.