About Powder Springs' Country Walk

The Smyrna, Mableton, Austell, and Powder Springs Suburb of metro Atlanta GA, has had its share of foreclosed properties latetly. However, I often been asked by would be buyer's that "Its a Foreclosure or Short Sale We can start with low offer right?

My resposnce are just becasue the property is a foreclosure or short sale does not means you should start your offer as low as possible becasue of the following reasons:

A. If its foreclosure, the bank are not in the market to give away the house

B. Before the banks put the house on the market, they have done their due deligence by having the house appraised by a third party entity to determined appraised value of the property. Taking into consideration of the repairs and most recent sold properties (COMPS) in the area in similar conditions.

C. Just becasue its a foreclosure (I will address short sale later), todays buyers are looking for a deal. therefore you are in competition with other buyer's,

D. When banks received more that one offer on a house. Which they do 90% of the time, they will ask all buyer's to submit their highest and best offer. Without disclosing the $amount of other offers.

E. If its a short sale, the bank have a final say of the offered price. Keep in mind that the seller is asking the bank to accept a lesser payoff of the balance owned.

F. The bank again have to do their due deligence, by having a third party appraied the house actual value. Therefore, if a buyer offered a low price, the bank has the right to refused the offer based upon their appraised value or counter back with higher price.

G. The bank can aslo ask the seller to sign a deficiency letter. Whereby the bank can go after the seller to pay back the difference of amount owed.

H. If you have to move in 30-45 days, short sale may not be for you regardless of how attractive the price. Becasue, short sale can take anywhere between 40-60 days to get approved or never get approved at all.

In conclusion, just because the property is a foreclosure or short sale does not warrant a low ball offer. Your agent should do his or her home work by advising you to offer a reasonable price based upon comparable sales in the 1 to 2 miles radius of the property.

Have a question about foreclosure? contact The Jay Team

Have a question about short sale or need to sell your home? contact The Jay team

www.jaybsellshomes,com

Powder Springs,Country Walk Drive - Bad Ice- Read more

My wife, being the great employee that she is, just headed off to work. About 2 minutes later the phone rang ..."my brakes aren't working, I just slid all the way down the hill, come get me".

Country Walk Drive is VERY icy. This is ICE. For all of you folks who have moved here from north of the Mason-Dixon line, this is ICE it is not snow. Don't be a D*** yankee and drive like you think you know what you are doing :-).

Country Walk Drive and Barnwood

I went and rescued Barbara and drove the car up to Old Lost Mountain Rd for her. Once you get to the main roads it is much safer but there are still many icy paches. Anyway while I was walking back I observed some interesting things. Lots of tire spinning, slipping, sliding, etc. When you are driving on ice, do not talk on your cell phone or apply make up... please.

There was a small compact car trying to head up the hill from Trailside Ct stop sign. They were heading in to the neighborhood, sliding and spinning up the hill. I walked on past and heading toward me was an SUV that I could tell was going to fast for conditions. About the same time the compact car finally cleared the hill and was heading toward the SUV. All I could do was stop walking and wait and watch. They missed each other but then the SUV did a nice slow speed all ice accidental u-turn, a 4000 pound ballet on ice, and came to a rest about 30 feet in front of me!

The driver completed the u turn and went back the other way. I'm sure to call in to work or at least change underwear.

Stay home if you can. If you must drive please be careful out there!

See homes for sale in Country Walk and all of Powder Springs Ga. at www.PowderSpringsHomes.info

Contact Jerome Smith 678-463-8234 of Keller Williams. Great house in a swim/tennis community. Lots of open space in this home. Hardwoods, stainless steel appliances. Enjoy your private wooded back yard from the sunroom, deck or screened in porch. Priced to sell. Call agent today! TO SEE COMPLETE TOUR VISIT: http://www.advantagehometours.com/tabid/1106.aspx .           

Country Walk, Powder Springs, Ga. West Cobb County

Country Walk subdivision is an Arvida community conveniently located in the city of Powder Springs, Ga. The neighborhood features excellent amenities like junior Olympic size pool, 4 tennis courts, playground, sidewalks, and their own convenience store and gas station. For residents with an active lifestyle there is easy access to both the Silver Comet and Lucille Creek trials. With most homes priced under $200,000 Country Walk is a fantastic value for first time or move up buyers and one the best values in Powder Springs.

Country Walk Store

Neighborhood pool

Tennis courts

Play area

A rare Country Walk winter


The Shipp Road trailhead for the Lucille Creek Trail on Shipp Road is about 100 yards from the main entrance to Country Walk. Connect to the Silver Comet Trail and you can walk, jog, or ride your bike from Powder Springs all the way to Alabama!


SEE ALL COUNTRY WALK HOMES FOR SALE


Search for homes in other great Powder Springs, Ga. neighborhoods

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Bob Southard, e-Pro, Realtor ®, Solid Source Realty, Inc. Buy a home, Sell a home, in Powder Springs, Marietta, Kennesaw, Acworth, Dallas, Hiram,and Cobb, Paulding, Douglas, North Fulton, South Cherokee, County, Ga. Call me for all of your real estate needs.

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770-656-9134

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