About Decatur's Sagamore Hills

The Associated Press is reporting the lowest mortgage rates since the 1950s

"Rate on 30-year mortgage falls to lowest on record Posted 8/18/2011 1:36 PM ET

Last April, just before the Tax Credit was about to expire, I listed a home for sale in Sagamore Hills. It was a lovely home and the owners had every hope it could be sold without a short sale. Unfortunately the market was continuing to slide downward and a short sale became the new reality.

We had the home under contract by June.

Once under contract, we started work on the short sale. The selling agent was short sale savvy, the seller was motivated and capable and the buyer was ready to "do what it takes" to get it closed. Sun Trust, not so much.

Sun Trust held both a first mortgage and a second / HELOC (Home Equity Line of Creidt) mortgage. The mortgages were held in different subsidiaries. Apparently the two entities don't communicate with each other.

I have done a lot of short sales and this one was really no different from the others. Identical documents had to be sent to Sun Trust(s) multiple times. The seller had to produce volumes of evidence as to the need for a short sale. The buyer had to be patient.

The end results were great.

• The seller was relieved of a financial burden (and with having to sign any notes or come up with cash out of pocket),
• the buyer got a great deal and
• both real estate agents made a commission. By the way, we earned those commissions. Daily phone calls to all parties involved is the norm in a short sale.

It is rewarding to be able to title this post: SUN TRUST Short Sale in Sagamore Hills CLOSED in 90 Days

Sagamore Hills Sprawling Ranch Home: 2267 Sagamore Hills Drive Decatur GA 30033

Just Listed

$474,000

4 BRs 3 Full Baths 2 Half Baths

Vaulted family room.

Large deck overlooks park like back yard. Creek. Dog run.

Hardwood floors.

Finished Terrace Level: BR 4 / Home Office plus full bath plus Rec room.

New architectural roof

Newer High Efficiency HVAC (3 yrs old)

New Hot water heater.

New interior paint.

CALL Sally English and The English Team at 770-939-3174 to see this home or others in the neighborhood. EMAIL sallyenglish@englishteam.com

We specialize in homes convenient to EMory and CDC.

1795 Council Bluff Drive Atlanta Georgia 30345 HOME FOR SALE in Sagamore Hills

$439,000

1795 Council Bluff Drive Atlanta Georgia 30345 HOME FOR SALE in Sagamore Hills

¨ 4 BRs. 3 BATHS.

¨ Move in ready!

¨ Completely renovated.

¨ NEW KITCHEN

¨ NEW BATHS

¨ REFINISHED HARDWOOD FLOORS.

¨ New LIGHT FIXTURES

¨ New WINDOWS

¨ Plantation shutters

¨ GREAT ROOM has newly refinished hardwood floors. Recessed lighting. French doors to deck. Open to dining room.

¨ DINING ROOM opens to family room. Hardwood floors. Cased opening to kitchen. Track lighting. Doors to master BR.

¨ NEW KITCHEN is an attention grabber. New cabinets with Shaker style doors and nickel pulls. Granite countertops. Tumbled marble backsplash in a diagonal pattern. Large island with breakfast bar overhang. Recessed lighting, pendent lighting and directional lighting. Hardwood floors. Two pantry cabinets. Under counter stainless steel sink..double bowl. Open to adjacent breakfast room. Cased opening to DR.

¨ PREMIUM APPLIANCES include a Frigidaire Quiet Series III dishwasher with stainless steel finish. Frigidaire gas range with power burner (stainless steel finish). Matching Frigidaire built in Microwave oven with ventahood (stainless steel finish).

¨ BREAKFAST ROOM adjacent to kitchen has hardwood floors, triple window, door to garage and double doors to laundry closet. Ceiling fan/light.

¨ MASTER BEDROOM SUITE has low pile carpet, recessed lighting. Wood burning fireplace with marble surround, glass doors and mantle. French doors to patio. Walk in closet plus double door closet. Plantation shutters. Ceiling fan/light.

¨ SPA MASTER BATH has a Jacuzzi type tub with ceramic tile surround. Walk in shower with glass door, ceramic tile floor and walls, premium shower head. Ceramic tile floor. Double vanity cabinet with cultured marble countertops and sinks. Linen closet, toilet closet.

¨ BEDROOM # 2 has hardwood floors, double door closet with wire shelving. Door to hall bath. Double window plus single window

¨ HALL BATH features separate vanity and wet areas. Vanity area has white vanity cabinet with cultured marble top and sink. Ceramic tile floor, toilet. WET AREA has tub/shower combination with ceramic tile floor and shower walls.

¨ BEDROOMS #3 & 4 also have hardwood floors. Good closets. Door to Jack and Jill bath.

¨ JACK AND JILL BATH between BRs #3 and 4 features a ceramic tile floor, pedestal sink, bead board paneling, walk in shower with glass door, ceramic tile floor and walls.

¨ BASEMENT has windows, door to back yd.

¨ 2 CAR GARAGE with opener and remotes.

¨ PARTIALLY FENCED BACK YARD. Large lawn area.

¨ DECK access from great room.

¨ 4 sides low maintenance brick exterior.

¨ Newer HVAC systems, roof, electrical and plumbing.

¨ Sagamore Hills Civic Association: www.sagamoreonline.net

¨ Convenient commute to EMORY UNIVERSITY / CDC / VA Medical Center /Midtown.

¨ Sagamore Hills ES

¨ Shamrock MS

¨ Druid Hills HS

1795 Council Bluff Drive Atlanta Georgia 30345 HOME FOR SALE in Sagamore Hills

1795 Council Bluff Drive Atlanta Georgia 30345 HOME FOR SALE in Sagamore Hills

Call Sally English and The English Team to see this home or others in the Sagamore Hills neighborhood. 770-939-3174. The English Team specializes in homes convenient to Emory University and homes convenient to the Centers for Disease Control. We look forward to assisting you with your home buying or home selling needs.

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