This is an ideal time to UPGRADE to a nicer/larger home, as long as you stay in the same market or move to an area with better deals in real estate.
For example, let's just say that you are going to stay in the same area. Let's assume that your dream home has all of a sudden dropped 20% in value and you are very concerned. Your stomach tightens, you start praying more often and have an extra glass of wine at night.
Your home that you paid $300,000 for is currently worth about $240,000. Ouch! Where will that difference come from, and oh my gosh, what if the world ends tomorrow? Don't panic too much. This happens on a regular basis and real estate has always rebounded. Yep, always!
So here's an idea for you. Reverse your thoughts and think that maybe it's a good time to SELL! What! Sell? I'd lose all my equity! This is true. But if you are upgrading to a larger home, the seller on the other end is in the same boat. And he stands to lose more than you will.
Here's what I mean:
Your Home's normal market value is $300,000. With a marketwide drop of 20%, it is worth currently in today's world, about $240,000.
Let's say that you and the spouse have been lusting after that newer contemporary home three streets over. You know the one with the circular drive-way and pool in the back. Home like that have been selling for about $500,000. You see that the home goes on the market for 20% less...$400,000.
In the scenario, you take a $60,000 hit and the other home owner takes a $100,000 hit. An instant equity GAIN OF $40,000.
And some more good news is that interest rates are probably lower than when you bought your home a few years back. You may be able to get that home and pay a monthly mortgage that is just a few hundred dollars more than you are currently paying!
If you would like to learn more about how this can work for you. Call me in Atlanta at 404-213-3804.
Have a great day!
Don't become a REALTOR, if...
If you want to be part lawyer, inspector, salesperson, negotiator,interior decorator, computer whiz, blogger, marketing expert, chauffeur and financial consultant...then you've come to the right place!
Love your job and you will succeed!
| Property Type: Residential Status: Withdrawn | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Address | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | ||||||||
| 1 | 3492746 | 1126 Topaz Way | Tiffany Park | 5 | 4 | 1 | 2 Stories | Bath/Stubbed, Exterior Entry, Interior Entry | 1997 | $1,599,000 | $1,499,000 * | ||||||||
| Average | 5 | 4 | 1 | 1997 | $1,599,000 | $1,499,000 | |||||||||||||
| Number of Properties: 1 | |||||||||||||||||||
| Property Type: Residential Status: Sold-Closed | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Closed Date | Address | City | Zip | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | Sold Price | DOM | |||
| 1 | 3197194 | 3/17/2006 | 5118 SAPPHIRE DRIVE | MARIET | 30068 | TIFFANY PARK | 7 | 5 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1999 | $1,095,000 | $1,095,000 | $1,020,000 # | 15 | |||
| 2 | 3137699 | 9/20/2005 | 5116 Sapphire Drive | MARIET | 30068 | Tiffany Park | 4 | 5 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 2000 | $995,000 | $995,000 | $975,000 | 9 | |||
| 3 | 3264461 | 7/25/2006 | 5124 Sapphire Drive | MARIET | 30068 | TIFFANY PARK | 5 | 5 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full | 2000 | $1,000,000 | $979,900 * | $950,000 # | 31 | |||
| Average | 5 | 5 | 1 | 2000 | $1,030,000 | $1,023,300 | $981,666 | 18 | |||||||||||
| Number of Properties: 3 | |||||||||||||||||||
| Property Type: Residential Status: Active | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Address | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | ||||||||
| 1 | 3580253 | 803 CHESWICH COURT | BELMONT | 5 | 4 | 1 | 2 Stories | Bath, Daylight, Finished, Full | 1997 | $769,900 | $769,900 | ||||||||
| 2 | 3517669 | 3292 BELMONT GLEN DRIVE | BELMONT | 5 | 4 | 1 | 2 Stories | Bath/Stubbed, Daylight, Full | 1994 | $718,900 | $699,900 * | ||||||||
| 3 | 3571650 | 3283 BELMONT GLEN DR SE | Belmont | 4 | 3 | 1 | 2 Stories | Crawl Space | 1993 | $600,000 | $600,000 | ||||||||
| 4 | 3624169 | 3275 Belmont Glen Dr SE | Belmont | 6 | 4 | 1 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Interior Entry | 1993 | $600,000 | $600,000 | ||||||||
| 5 | 3579377 | 611 BELMONT CREST DR SE | Belmont | 5 | 4 | 1 | 2 Stories | Bath, Exterior Entry, Finished, Full, Interior Entry | 1997 | $559,000 | $530,000 * | ||||||||
| Average | 5 | 4 | 1 | 1995 | $649,560 | $639,960 | |||||||||||||
| Number of Properties: 5 | |||||||||||||||||||
| Property Type: Residential Status: Sold-Closed | ||||||||||||||||
| Subject Property | ||||||||||||||||
| # | MLS# | Closed Date | Address | City | Zip | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | Sold Price | DOM |
| 1 | 3267941 | 6/30/2006 | 633 BELMONT CREST DRIVE | MARIET | 30067 | BELMONT | 5 | 5 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full | 1995 | $895,000 | $895,000 | $860,000 | 10 |
| 2 | 3342078 | 4/06/2007 | 3042 Brightwood Lane | MARIET | 30067 | BELMONT | 7 | 4 | 2 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1995 | $820,000 | $800,000 * | $786,000 | 81 |
| 3 | 3290530 | 8/14/2006 | 629 Belmont Crest Dr Se | MARIET | 30067 | Belmont | 6 | 5 | 2 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Interior Entry | 1994 | $774,900 | $774,900 | $770,900 | 36 |
| 4 | 3514125 | 7/27/2007 | 3288 Belmont Glen Dr Se | MARIET | 30067 | BELMONT | 6 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1993 | $749,900 | $749,900 | $720,000 # | 20 |
| 5 | 3505863 | 11/06/2007 | 3044 Brightwood Lane | MARIET | 30067 | Belmont | 4 | 3 | 1 | 2 Stories | Bath/Stubbed, Daylight, Full, Interior Entry | 1994 | $724,900 | $710,000 * | $699,900 | 92 |
| 6 | 3374204 | 12/22/2006 | 630 Belmont Crest Dr Se | MARIET | 30067 | Belmont | 5 | 5 | 2 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1995 | $700,000 | $700,000 | $685,000 # | 12 |
| 7 | 3305200 | 9/22/2006 | 802 CHESWICH COURT | MARIET | 30067 | BELMONT | 6 | 4 | 1 | 2 Stories | Bath, Daylight, Finished, Full | 1995 | $699,900 | $699,900 | $663,900 # | 26 |
| 8 | 3057704 | 5/20/2005 | 3261 Belmont Glen Dr Se | MARIET | 30067 | BELMONT | 5 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1995 | $699,900 | $699,900 | $680,000 | 26 |
| 9 | 3069087 | 5/06/2005 | 3041 BRIGHTWOOD LANE | MARIET | 30067 | BELMONT | 5 | 4 | 1 | 2 Stories | Bath, Daylight, Finished, Full | 1994 | $698,500 | $698,500 | $682,000 | 3 |
| 10 | 3051580 | 5/27/2005 | 704 CHESWICH OVERLOOK | MARIET | 30067 | BELMONT | 4 | 3 | 2 | 2 Stories | Bath, Daylight, Finished | 1996 | $689,900 | $689,900 | $684,000 | 43 |
| 11 | 3083773 | 7/08/2005 | 3046 Brightwood Lane | MARIET | 30067 | Belmont | 6 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full | 1994 | $679,900 | $679,900 | $662,000 | 35 |
| 12 | 3063646 | 5/31/2005 | 581 STRATON CHASE | MARIET | 30067 | BELMONT | 6 | 4 | 1 | 2 Or + Stories | Exterior Entry, Finished, Full, Interior Entry | 1994 | $698,500 | $650,000 * | $635,000 | 43 |
| 13 | 3364155 | 3/30/2007 | 709 CHESWICH OVERLOOK | MARIET | 30067 | BELMONT | 5 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished | 1996 | $648,900 | $648,900 | $610,000 # | 117 |
| 14 | 3513159 | 8/20/2007 | 625 BELMONT CREST DRIVE | MARIET | 30067 | BELMONT | 4 | 3 | 1 | 2 Stories | Bath/Stubbed, Daylight, Finished, Full | 1995 | $629,900 | $629,900 | $595,000 | 32 |
| 15 | 3401052 | 4/06/2007 | 3291 Belmont Glen Dr Se | MARIET | 30067 | Belmont | 4 | 3 | 1 | 2 Or + Stories | Crawl Space | 1994 | $635,000 | $600,000 * | $604,000 # | 79 |
| 16 | 3362543 | 12/29/2006 | 3049 BRIGHTWOOD LANE SE | MARIET | 30067 | BELMONT | 6 | 4 | 0 | 2 Stories | Crawl Space | 1998 | $599,900 | $599,900 | $580,000 # | 61 |
| 17 | 3232550 | 5/24/2006 | 3282 BELMONT GLEN DRIVE | MARIET | 30067 | BELMONT | 5 | 4 | 1 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Interior Entry | 1992 | $639,000 | $594,900 * | $594,900 | 35 |
| 18 | 3029406 | 5/31/2005 | 3291 BELMONT GLEN DRIVE | MARIET | 30067 | BELMONT | 4 | 3 | 1 | 2 Stories | Crawl Space | 1994 | $578,900 | $578,900 | $558,000 # | 15 |
| 19 | 3078314 | 1/31/2006 | 3287 Belmont Glen Dr Se | MARIET | 30067 | BELMONT | 4 | 3 | 1 | 2 Stories | Crawl Space | 1993 | $549,900 | $549,900 | $525,000 | 47 |
| Average | 5 | 4 | 1 | 1995 | $690,147 | $681,594 | $662,926 | 43 | ||||||||
| Property Type: Residential Status: Active | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Address | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | ||||||||
| 1 | 3618465 | 4802 Upper Branden Place | Camden Place | 5 | 5 | 0 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Interior Entry | 1988 | $749,900 | $749,900 | ||||||||
| 2 | 3494828 | 4926 GASKIN WALK | CAMDEN PLACE | 6 | 4 | 1 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1988 | $699,999 | $675,900 * | ||||||||
| 3 | 3457929 | 1350 GARRICK WAY | CAMDEN PLACE | 4 | 4 | 0 | 2 Stories | Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry | 1993 | $669,900 | $649,900 * | ||||||||
| 4 | 3594387 | 1206 GARRICK WAY | CAMDEN PLACE | 5 | 3 | 1 | 2 Stories | Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry | 1993 | $644,900 | $644,900 | ||||||||
| Average | 5 | 4 | 1 | 1991 | $691,174 | $680,150 | |||||||||||||
| Number of Properties: 4 | |||||||||||||||||||
| Property Type: Residential Status: Expired | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Address | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | ||||||||
| 1 | 3330766 | 1285 Little Willeo Road | Camden Place | 6 | 5 | 1 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1996 | $849,900 | $799,000 * | ||||||||
| 2 | 3454861 | 1168 CLARENDON DRIVE | Camden Place | 5 | 5 | 2 | 2 Or + Stories | Bath, Daylight, Finished, Full | 1989 | $745,000 | $729,900 * | ||||||||
| 3 | 3330966 | 1219 LEXHAM DRIVE | CAMDEN PLACE | 6 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1991 | $600,000 | $600,000 | ||||||||
| 4 | 3441999 | 1219 LEXHAM DRIVE | CAMDEN PLACE | 6 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1991 | $595,000 | $575,000 * | ||||||||
| Average | 6 | 5 | 1 | 1992 | $697,475 | $675,975 | |||||||||||||
| Number of Properties: 4 | |||||||||||||||||||
| Property Type: Residential Status: Withdrawn | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Address | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | ||||||||
| 1 | 3390854 | 4789 BROXBOURNE DRIVE | CAMDEN PLACE | 3 | 2 | 1 | 1 Story | Slab/None | 1992 | $474,900 | $450,000 * | ||||||||
| Average | 3 | 2 | 1 | 1992 | $474,900 | $450,000 | |||||||||||||
| Number of Properties: 1 | |||||||||||||||||||
| Property Type: Residential Status: Sold-Closed | |||||||||||||||||||
| Subject Property | |||||||||||||||||||
| # | MLS# | Closed Date | Address | City | Zip | Subdivision | BR | Full Baths | Half Baths | Stories | Basement | Year Built | Original List Price | List Price | Sold Price | DOM | |||
| 1 | 3478367 | 7/06/2007 | 1285 Little Willeo Road | MARIET | 30068 | Camden Place | 7 | 5 | 1 | 2 Or + Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1996 | $799,000 | $799,000 | $735,000 # | 56 | |||
| 2 | 3431694 | 6/15/2007 | 4948 BANISTER PL | MARIET | 30068 | CAMDEN PLACE | 5 | 4 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full | 1988 | $779,000 | $759,900 * | $740,000 # | 94 | |||
| 3 | 3360518 | 1/22/2007 | 4848 TREVOR COURT | MARIET | 30068 | CAMDEN PLACE | 5 | 5 | 1 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1993 | $745,000 | $745,000 | $725,000 | 27 | |||
| 4 | 3414843 | 4/02/2007 | 1348 Garrick Way | MARIET | 30068 | CAMDEN PLACE | 6 | 5 | 0 | 2 Stories | Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry | 1994 | $735,000 | $735,000 | $720,000 # | 9 | |||
| 5 | 3330759 | 2/02/2007 | 1305 HATTON WALK | MARIET | 30068 | CAMDEN PLACE | 5 | 5 | 1 | 2 Stories | Daylight, Exterior Entry, Finished, Full | 1990 | $630,000 | $615,000 * | $595,000 # | 160 | |||
| 6 | 3496963 | 6/29/2007 | 1104 KELDEN RIDGE | MARIET | 30068 | CAMDEN PLACE | 4 | 4 | 0 | 2 Stories | Bath, Daylight, Exterior Entry, Full, Interior Entry | 1987 | $599,900 | $599,900 | $572,000 | 0 | |||
| 7 | 3433765 | 8/30/2007 | 4789 BROXBOURNE DR | MARIET | 30068 | CAMDEN PLACE | 3 | 2 | 1 | 1 Story | Slab/None | 1992 | $450,000 | $419,000 * | $400,000 | 155 | |||
| Average | 5 | 4 | 1 | 1991 | $676,842 | $667,542 | $641,000 | 84 | |||||||||||
| Number of Properties: 7 | |||||||||||||||||||
It's a jungle out there...My expertise is finding your next perfect home or selling your current house, as smoothly and as quickly as possible! Call me and let's get to your next destination.
Welcome to Atlanta! I am a Full Time Real Estate Agent specializing in the North Atlanta area. You and your family deserve a wonderful home with top schools, and I can make that happen for you! Did you know that buying or selling a home can be one of the most stressful occurences in your life! (Maybe you're getting stressed just thinking about it) Let me take this task on for you. After all, you have a lot of other things to take care of in your move) I will COMMUNICATE with you frequently throughout the ENTIRE PROCESS. Whatever issues pop up from the LISTING to the CLOSING, I will take you through the entire process. ----------------------------------------------------------------------------------------------------------------------------------------------- Here are some personal photos: With the family in Cooperstown NY Hanging out with Al Jareau American Idol Runner-up Tamyra Gray My incredible Wife, Karen 
With Governor Bill Owen of Colorado
For some strange reason, I find all aspects of this business fascinating. I am involved with transactions ranging from rental properties priced under $60,000 to Luxury High end homes priced over $ One Million.
-Luxury Homes: I am certified Previews Property Specialist for the state of Georgia. Coldwell Banker sells over $96 million in luxury homes DAILY! Our marketing plans and data base of wealthy Americans is second to none.
-Relocation: I am also a top relocation agent in the area. I work with Relocation Companies nationwide to help buyers AND sellers move in and out of the Atlanta area.
-Rental/Investment Properties: Let me help you develop some additional streams of cash flow for your future. I personally own rental homes in the area, as well as some farm land in East Georgia. Buying the right property at the right price is the key.
-Marketing/Advertising: My career before Real Estate was in advertising and marketing. I feel that part of my success in this business has come because I understand the laws of advertising and its importance. It's a competitive world out there. Your home needs to stand out.
-Tough Negotiator: I am a student of Chester Karass, the master of negotiation tactics. I use his methods for my clients whether in the buying or selling process. Great stuff!
-Communicator: I pride myself on being in contact with my clients frequently. One of the bigget complaints about Realtors, is that once you sign a contract, you never hear from them. I am just the opposite, and you will get constant updates, phone calls and e-mails. Unlike most agents, I will give you my OFFICE NUMBER, CELL PHONE AND HOME NUMBER, so you can always reach me if you need to.
DISCLAIMER: Al Maxwell disclaims liability for any damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to my blogs.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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