Atlanta Lofts

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 …

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Foreclosure Sales are Up Nationwide

There has been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.
Foreclosures are pressuring the real estate market in many cities, …

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Posted in → Atlanta Condos

New FHA Loan Limits & The Condo Loan Center

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.
Here is a list of the 2009 FHA Maximum Mortgage Limits*:
$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties
These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 …

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Posted in → Atlanta Condos
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Happy St Patrick's Day, Atlanta!

I hope you had fun at this weekend’s 127th annual St Patrick’s Day parade, and the Underground Atlanta festival. We certainly know how to celebrate here in Atlanta! For today, St. Patrick’s Day, festivities continue. Look here for a guide to what’s happening today.
Enjoy the day. While you are celebrating green, just keep in mind that it has never been a better time for you to buy an Atlanta condo. With condos being sold at auction, prices are becoming more negotiable, and it’s now possible for you …

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More About Atlanta Foreclosures

There’s a lot of attention being paid lately to foreclosures, and how they are pressuring the market. Here at CondoDomain, we’ve partnered with RealtyTrac to bring you the latest information on Atlanta foreclosures.
There’s also a lot of confusion about foreclosures – so lets talk about what they are. When a homeowner defaults on a mortgage payment, over a period of time (which varies from state to state) the lender may take action to possess the property, or foreclose on it. These properties are then auctioned at a …

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Posted in → Atlanta Condos, Auctions

Atlanta Real Estate Auctions – Horizon

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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 …

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Home Buyer Tax Credits – Questions and Answers

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, …

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Atlanta Foreclosures Now on Condodomain

We’ve posted about auctions for Atlanta Condos, but here at CondoDomain, we also know that foreclosures offer our buyers tremendous savings. We have partnered with RealtyTrac to give our buyers great opportunities to save on Atlanta Foreclosures.
RealtyTrac also provides pre-forclosure and short sale information. We’re happy to present this to you and assist you in finding all the great opportunities for buyers of Atlanta foreclosures.
Looking through the data we now have on our site, here’s a few Atlanta foreclosure opportunities I really like for buyers:
Fairlie St # …

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Posted in → Atlanta Condos

Auction at The Element at Atlantic Station

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Properties at The Element at Atlantic Station were auctioned by the developer this weekend, and Atlanta condo buyers got some very attractive deals.
One of the best things about any real estate auction is that you get to determine the true market price. But you have to be registered – and ready – to bid on Atlanta condos at any auction. Just like with an Atlanta foreclosure, you need to be ready to seal the deal.
One buyer got a three bedroom townhouse at Element for $257,000. …

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Posted in → Atlanta Condos

The Astoria at the Aramore – Moving In!!!

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 …

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Atlanta Foreclosures and the Obama Plan

Lets talk about the “f” word – Foreclosure. We’ve seen a lot of attention lately to President Obama’s plan to help distressed home owners avoid foreclosure, and relieve the pressure of those drastically reduced priced  homes on the market. And of course, we’ve seen this rant and this response.
What does this mean for you, the buyer of a condo here in Atlanta? Is an Atlanta Foreclosure a good deal for you? Will action by Congress keep you from getting an unbelievably good deal, or sweeten the deal …

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The Manhattan – Cosmopolitan Flair

A limited number of residences are still available at The Manhattan at Perimeter Place. This is an opportunity for Atlanta condo luxury living at prices below the luxury level. Amenities at The Manhattan are well planned, and services are a new level of complete luxury living. All residents are members of the Cosmopolitan club, which provides 24 hour concierge, a Fitness center with separate rooms for Cardio, weights, and aerobics. Cosmopolitan Club also features a swimming pool, The Manhattan Lounge, and the Rooftop Sky lounge. There’s …

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Posted in → Atlanta Condos, Ultra Luxury
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