Hello from New York City. I just wanted to send out a short message this morning and give you a quick update on our website and blogs.  First off our blogs have been fully restored and we are up and running at 100%.  So blog followers, readers and admirers – comment away!

Secondly the framework of our core website (CondoDomain.com) has been restored and successful moved to a brand new server environment.  In hopes to eliminate all of the bugs, errors and downtime we were experiencing, the new site is lightning fast giving you all a much better consumer experience.  Search 10X faster today!

Left to be done over the next week.

1.  Reinstall our core MLS search functionality on Boston, Chicago, DC, Baltimore & NYC

2.  Prepare MLS installations on the remaining 15 new markets.

3. Install our new “Condo Forum” and more features we have to surprise you!

On behalf of CondoDomain I would like to apologize for anyone who has experienced technical issues or website performance over the past few weeks.  I can assure you the problems are behind us now and we look forward to providing an even better experience, starting today!

Any questions – as always – contact your City Vice President and of course feel free to drop me a line as well!

Sincerely,

Tony Longo
CondoDomain/CEO
ajl [at] CondoDomain.com

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:

-Not limited to first time buyers!!

-Georgia Credit and Federal Credit may be combined for eligible  candidates.

-Credit only applies to single family purchase.

-Eligible single family residences MUST be listed prior to May 11, 2009.

-Buyers that are closing between June 1 and November 30, 2009 are eligible.

-Amount of tax credit will be for 1.2% of the purchase price, with a maximum credit of $1,800 (whichever is less). Homes purchased for $150,000 or more will receive a maximum of $1,800.

-Tax credit cannot be applied to prior year’s tax liability.

-Investment property and second home are also eligible, but each taxpayer can claim the credit only once.

-No income limits

-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.

It’s a dream home. The Sovereign Atlanta, that is. With more than a half million square feet of Class A office and retail space, the Sovereign includes 82 luxury homes. It was recognized as a Dream Home Awards Gold award winner in the “Best Condominium or Loft Home over $500,000″ category. Sovereign was also recognized as a Silver award winner in the “Best Condominium or Loft of the Year” category. The competition is judged by professionals in the industry, and attracts entries from all over the USA.

Sovereign residents enjoy unparalleled amenities in the prestigious Buckhead neighborhood, and the Buckhead club. Priced at $1 million and up, the award winning residences at Sovereign are truly a luxurious address of distinction.

Take a look at these Buckhead condos:

Ovation

Terminus

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

Auctions are getting yummy.

The upcoming Atlanta condo auctions at Aqua and the Cosmopolitan at Buckhead have a flavorful incentive for you to come and preview the condos for sale. They’ll feed you! Next Saturday, May 9, from 2-5 PM, come and see the apartments and enjoy a taste of the neighborhood with a sampling from your neighborhood restaurants. Both the Cosmopolitan and the Aqua will be hosting these tasting events.

This is a great opportunity for you to tour these Atlanta condos, and also enjoy some great food, music, and get a feel for the community. Long after you score a great deal on an Atlanta condo at auction, you’ll be part of these dynamic communities.

Call me if you want to preview these residences. I can register you for the auction, and work with you to get the best possible deal.

Meantime, enjoy the treats!

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.

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

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