Zip code 30331...what can you tell me about buying/living in this area?

[Larry X]

Originally Posted by southkakkatlantan

The home you listed is the home she just lost.


She offered on one home in the neighborhood and they didn't go with her offer. Then she offered over listing price for the one above.....however she put in several stipulations so they went with someone else who didn't offer as much but didn't have stipulations.

Dang, I think she should wait for another one to go on sale there, it seems like those go up for sale pretty often. I'm not sure of anywhere else in the Cascade area (as nice & conveniently located) where you can get a move in ready for $150, the prices have sky rocketed in the past year, I think last year those townhomes were going for like 99K. So if she really likes the area, just wait for another there to go up for sale.

[arjay57]

Originally Posted by Larry X

Your friend might want to look into The Village of Cascade a gated townhome community on Benjamin E Mays (I assume this is where she found the home for $120?). Those are in her price range, the area seems really quite, a new park is being built at the corner of Benjamin E Mays and Fairburn rd, plus its still really close to shopping and 285. I use to stay down the street off Fairburn rd, never had any problems.


$135,000 | 3 Bed • 3 Bath
589 Morrow Ln Sw, Atlanta, GA 30331 - realtor.com®

That is a heck of a lot of house for the money!

[LovelySummer]

South,

If she is the buyer, she does not pay real estate agent commission fees. This is a big purchase and while she has obtained a real estate license, it sounds like she may be able to use the seasoned expertise of someone with more experience. An agent will run down links for her to crime stats, tell her the best places in town to get the most bang for her buck, etc. She has nothing to lose as buyer and everything to gain, I do recommend she find an agent that specializes in condos and townhomes and let them work for her. There are even things they would know such as which properties will be a headache to try to obtain financibg for bc of the health of the financials of the property. A good agent would have deep familiarity with that type of thing. I was going to toss out a few areas but I think that would be limiting bc there could be many more good areas in her price range. There are areas that are heating up in her price range due to neighboring activity. If she does not want to find an agent I will offer some suggestions but like I said she is cheating herself. Just bc you have a license does not mean you rep yourself. If she was a seller that would help save money but here it saves her nothing and she loses the opp for deep expertise. You heard the one about the lawyer who represents himself, right? This situation does not sound too far off.

Originally Posted by southkakkatlantan

She was approved for $150k and the current townhome she's looking at is listed for $140k with offers on it already so as far as I know she can't offer any more as that would be more than she's even approved for.


I am curious if you'd mind sharing what areas you'd be looking to buy in if you were purchasing a home right now with the intent of staying in it for 5 years and then renting it out. Let's say you're in the $200kish range. What type of home would you be eyeing (condo, townhouse, SFH, etc.)?