Welcome to City-Data.com Forum!
2,500,000 members. Thank you!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-10-2011, 06:22 PM
 
63 posts, read 193,603 times
Reputation: 22

Advertisements

While researching on realtor.com I found that the following cities have multiple homes for sale, dirt cheap, can someone tell me why? Are these decent areas for relocating, such as good schools, low crime etc. I'm going to be buying cash and dont want to make a mistake!

Dallas (GA) - $50K 4/2
Lithonia - 50K 4/2.5
Powder Springs $50K 4/2
Snellville $50K 4/2.5
Stone Mountain $50K 4/2.5
Covington $50K 4/3
Austell $50K 4/3
Decatur $50K 4/2.5
Reply With Quote Quick reply to this message

 
Old 08-10-2011, 07:13 PM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,334 posts, read 25,956,709 times
Reputation: 3990
Quote:
Originally Posted by Saname81 View Post
While researching on realtor.com I found that the following cities have multiple homes for sale, dirt cheap, can someone tell me why? Are these decent areas for relocating, such as good schools, low crime etc. I'm going to be buying cash and dont want to make a mistake!

Dallas (GA) - $50K 4/2
Lithonia - 50K 4/2.5
Powder Springs $50K 4/2
Snellville $50K 4/2.5
Stone Mountain $50K 4/2.5
Covington $50K 4/3
Austell $50K 4/3
Decatur $50K 4/2.5
Are these foreclosure sales?
Reply With Quote Quick reply to this message
 
Old 08-10-2011, 08:40 PM
 
63 posts, read 193,603 times
Reputation: 22
yes
Reply With Quote Quick reply to this message
 
Old 08-10-2011, 09:10 PM
 
2,530 posts, read 4,742,281 times
Reputation: 2048
They are likely not in good condition and being sold as is
Reply With Quote Quick reply to this message
 
Old 08-10-2011, 09:14 PM
 
Location: Snellville, GA
468 posts, read 1,373,466 times
Reputation: 168
If this is your price range, you might want to check other areas as well - i.e. areas with 'sporadic' homes in those ranges... If you find a LOT of homes in that range, that should tell you something - maybe the areas themselves have changed, maybe taxes have gone crazy, maybe schools have changed, etc.

Regardless of what my budget was for buying a house, I'd be checking out areas that I'd want to live in first (or school districts or commute time, etc.) and THEN get in to what's available in those areas - not vice versa.

You can find homes in all sorts of price ranges, all sorts of conditions, in all sorts of areas!
Reply With Quote Quick reply to this message
 
Old 08-11-2011, 12:11 AM
 
1 posts, read 3,138 times
Reputation: 10
Getting into real estate investing can be a scary thought these days. However, if you do your research, find the right area and decide what your real estate investing approach will be, investing in real estate can be a profitable adventure. With buyers afraid to take the plunge, buying up rental properties is one approach that may work in today's market. Real estate investing can provide continued returns when you have renters living in your property.
For buying or rent a property, i suggest you to consult a real estate agent. Real estate agent has a keen understanding of the market & he will be taking care of all the property related issues.

mod cut:

Last edited by scirocco22; 08-11-2011 at 01:21 AM.. Reason: that link is not allowed, sorry
Reply With Quote Quick reply to this message
 
Old 08-11-2011, 12:28 AM
 
63 posts, read 193,603 times
Reputation: 22
I don't want to work with a realtor if I don't have too. We have the cash and want to pay in full. I don't mind if the property needs some tlc, our main concern is schools and culture diversity.
Reply With Quote Quick reply to this message
 
Old 08-11-2011, 01:39 PM
 
9,124 posts, read 36,249,598 times
Reputation: 3629
At those prices in those towns, they're likely either really torn up, or in bad parts of town, which wouldn't be likely to be in the best school districts. With regard to "cultural diversity", that depends on your meaning of the term- if you mean "a blend of many cultures", it's doubtful- if you mean "not white", it's very probable.
Reply With Quote Quick reply to this message
 
Old 08-11-2011, 04:12 PM
 
63 posts, read 193,603 times
Reputation: 22
The homes look very decent, I wish I could post a picture of one. What I mean by cultural diversity is whites, blacks, Hispanics and others all living in one area in peace. I keep seeing the word bad but I don't understand why.
Reply With Quote Quick reply to this message
 
Old 08-11-2011, 05:17 PM
 
Location: Mableton, GA USA (NW Atlanta suburb, 4 miles OTP)
11,334 posts, read 25,956,709 times
Reputation: 3990
Quote:
Originally Posted by Saname81 View Post
The homes look very decent, I wish I could post a picture of one. What I mean by cultural diversity is whites, blacks, Hispanics and others all living in one area in peace. I keep seeing the word bad but I don't understand why.
Different people can have very different views of an area.

If you see a place you really like and provide more specific information here, maybe we could provide more information about that immediate area. Just providing a city name isn't all that meaningful ... too large an area.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta

All times are GMT -6. The time now is 01:22 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top