Awake, from sleeping root push forth
To beckon famished apian swarms
‘Tis Spring’s first industry of growth
That bursts from rock as Nature’s host!
(R Weisser 2012)
It’s THAT time of year again. The time when the earth warms enough to force the earliest blooms to open and face the sunlight before the canopy of leaves prohibit them for completing their reproduction cycles.
I often marvel at how delicate and fragile these earliest flowers are. Springtime conditions provide a harsh environment and the plants will only bloom a short time.
And while you may have to narrow your focus and look very closely to see the show, it’s well worth the time and effort to discover what symphonies of life are being orchestrated beneath your feet!
It’s a show that should not be missed!
Photos: Chattahoochee Bend State Park, Coweta County Georgia!
Is was an unusually busy weekend with quite a bit of activity. As a result, my Monday is fully scheduled out with housekeeping tasks that need to be completed today.
I often wonder what causes the “switch” in business to be thrown from “off” to “on.”
If I had to guess, I would say that there are three significant factors that contributed to the current floury of consumer interest:
1) Amazingly low interest rates. Rates are so low now, they are barely significant. In many cases, there is not enough mortgage interest being paid to even consider itemizing deductions on an income tax return. And since mortgages are long term notes, a buyer can fix mortgage expenses for years to come.
2)Decreasing inventory. InCowetaCountyGeorgia, we are at about one third of the number of listings compared with the peak months of available inventory. Less houses for sale equals more activity per listing. We are now down to a four month supply of homes.
3) More seller flexibility. After years of adapting to the buyer’s markets, sellers are now entrenched in the mindset of doing whatever it takes to get the house sold. Sellers that negotiate with an open mind and a realistic attitude towards buyer concessions are getting the deal done!
We still have a long way to go, but at least now there is some light at the end of the tunnel.
And we are ready to roll up our sleeves and get to work. Bring it on!
In Coweta County Georgia, we are starting to see some houses listed as short sales and REO and HUD sales for the SECOND time in the last few years.
How did this happen? Did we learn nothing from the past? Have year after year of buyer incentives and continued low down payments completely eroded the fundamental concept of ownership?
True ownership involves skin in the game. It is too easy to just walk away and there are fewer and fewer consequences with each passing month. And yet the clamoring continues for easing mortgage qualification requirements.
Leverage has toppled the market. The notion of only losing OPM has created economic chaos.
Call me simple-minded, but I will always feel that people will act more responsible when THEIR money is at risk.
The madness will not end until attitudes do as well.
The current real estate market has caused a paradigm shift in the way buyers think about real estate.
The old notion that “more is better” has given way to “less is best.” Buyers simply do not want to put a lot of money into a house during a declining market.
Builders in Coweta County Georgia has responded to consumers by purchasing existing lots at fire sale prices, and by downgrading the product finishing to make the price as attractive as possible.
What was once a stone or tile shower is now a one piece fiberglass unit. Where there was once crown molding, now there is none. Carpet has crept over most of the space that at one tome would have been a hardwood floor.
It makes you wonder if perhaps we had come to the point where we expected too much in the first place.
Perhaps simpler is better. At least it is more affordable, that’s for sure!
Under common law, a “leasehold” interest was often used to convey a property for a specific period of time.
Often used in commercial real estate, the leasehold is seldom used in the Georgia residential arena anymore. What is commonly referred to these days as a “lease” is actually a “usufruct,” which is a right to occupy and use the property without the conveyance of title.
A true lease is an “estate in land,” in which some form of title actually passes for the duration of the term. It is usually recorded. A leasehold interest can be bought, sold, bequeathed and inherited.
Also, the term of the leasehold conveyance is generally longer than the typical rental. Twenty years is very common in the commercial world on land leases, but the term could be as long as a hundred or even a thousand years!
So has the time come for the bargain and sale of leasehold interests in houses? For would-be buyers that plan on staying in a house for only five years and a seller trying to wait out the current market, it might be just the thing!
Disclaimer: This article is the opinion of the writer and is not intended to be interpreted as legal advice. Always consult with an attorney before participating in any real estate transaction.
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Newnan GA Real Estate. 770-827-6225. Tired of do-nothing brokers that put a sign in the yard & wait? My one-of-a-kind marketing plan does what the others cannot do, at any price.
Richard Weisser Newnan Real Estate Agent 770-827-6225 does business as Coweta Fayette Real Estate and is an associate broker at Better Homes and Gardens Real Estate in Newnan Georgia.
The Coweta Fayette Realty team assists both buyer and sellers with real estate transactions. We also specialize in bank foreclosures, REO properties, and HUD homes in Newnan, Coweta and Fayette Counties.
You can get a free list of Coweta and Fayette County foreclosures, or call 770-827-6225 today to discuss your real estate needs!
Richard writes a daily real estate blog and has been nationally feature on ActiveRain over 250 times.
Richard Weisser, Broker, Associate Broker, Auctioneer, E-Pro, Expert Witness, CE Instructor
Better Homes and Gardens Real Estate Metro Brokers Newnan Georgia, Coweta Fayette Real Estate, Inc.
Serving Coweta, Fayette, Heard, Meriwether, South Fulton, Pike and Spalding Counties
770-827-6225, 770-254-4985 (FAX)
All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate, Inc. Copyright 2003-2010.
Coweta Fayette Real Estate is the dba for Richard Weisser, an Associate Broker at Better Homes and Gardens Metro Brokers in Newnan, Georgia. In addition to offering the most powerful and technologically advanced marketing tools in the industry, we provide service above and beyond your expectations. Why settle for just an agent, when you can get the power of a team for the same price working for you for the same price?
Our number one website, CowetaFayetteRealEstate.com offers buyers the opportunity to search the entire Georgia MLS for free, with NO registration required ... ever! It also provides information for those interested in buying or selling real estate at auction.
Also, you can read Richard's Biography!
I am primarily a real estate broker. I deal with all kinds of real estate, both residential and commercial. I have an extremely strong web presence, and combined with all of the tools and technologies that Betyter Homes and Gardens Real Estate Metro Brokers offers, I am able to provide superior service and marketing to anyone looking to sell their property!
Please do not list with any other agent until you see my complete, dynamite marketing plan. It includes television, cell phone texting, toll-free numbers, print media, and the most complete Internet presence available anywhere! Bar none.
Whether I am the first or last agent that you interview, I can demostrate that in today's market, you must cover all the bases. Remember, more exposure means less time on the market and a better chance of getting your best price. Don't hesitate, call today! 770-827-6225!
Real estate Brokerage.
Real Estate Auction.
Real Estate Contracts.
Internet Marketing.
Coweta Fayette Real Estate is a website owned and operated by Coweta Fayette Real Estate, Inc. It is the official website of Coweta Fayette Realty. Richard Weisser is the webmaster, a licensed real estate broker and a licensed auctioneer. Coweta Fayette Real Estate, Inc. is an associate broker at Better Homes and gardens Real Estate Metro Brokers Newnan, Georgia.
Experience:
Richard Weisser was originally licensed in January of 1984, and affiliated with Gramm and Associates in Stockbridge Georgia. After a stint as managing broker for CENTURY 21 Intown, he affiliated with Keller WIlliams Realty Professionals in Peachtree City Georgia, until leaving in 2006. He is currently the responsible broker and owner of Richard Weisser Realty, Sharpsburg, Georgia, and broker for Coweta Fayette Real Estate, Inc., which is currently an associate broker at United Realty Group. He is currently doing business as Coweta Fayette Real Estate, Inc. and is a founding member of Coweta Fayette Realty. He is a real estate license law and agency authority that is available to testify as an expert witness in Georgia Real Estate lawsuits. He is also certified by the National Association of Realtors as an e-pro, the highest level of technical merit recognized by the Board of Realtors. In 2006, Mr. Weisser became a licensed auctioneer!
Real Estate Skills:
Check out ourRichard is a contracts and agency specialist. He wrote the policy and procedures manual for Century 21 Intown, and developed in-house real estate training programs and web-based training programs. As an active member of the Atlanta Board of Realtors Technology and Education committee, He developed and presented two programs on computer basics to members of the board in March and April of 2003. In July of 2004, at ERA United Realty Realty Professionals in Peachtree City Georgia, Richard teamed up with Owen Hand of realty professionals to form Coweta Fayette Realty, a consortium of agents working for a common purpose. You can read more about Coweta Fayette Realty here!
Other Skills:
Richard Weisser has actively developed websites since January 1991. He is the developer and owner of the worlds number one Great Smoky Mountains Photos website, SmokyPhotos.com. Photos have appeared in hundreds of Publications and products, and SmokyPhotos was commissioned by President George W. Bush in February 2001 to provide four photographs as backdrops for a major political speech. An expert webmaster, Richard developed Century 21 Intown's website at C21intown.com. Additionally, he developed other websites for various companies. He prepared and delivered PowerPoint slide presentations for the Great Smoky Mountains Natural History Association. Developed numerous software programs for specific applications, including "Depalmas Data Base, " "Keycoder," and "Fax Filer." Proficient in Microsoft Word, Excel, PowerPoint, Access, Visual Basic, HTML, JavaScript, Photoshop, and hundreds of other software applications.
Awards:
2002 Century 21 Quality Service Pinnacle Award. ERA United Realty Realty Professionals 2004 WI4C2TS Award for agent best exemplifying the principles and beliefs of the Keller Williams philosophy. Newnan Board of Realtors 2006 and 2007 Professional Achievement Award. ERA Million Dollar Producer.
Other Interests:
Golf: Winner second place low gross in the 2002 Atlanta Board of Realtors annual tournament. Winner third place individual in 2004 Equity One Tournament in Peachtree City Georgia.
Richard Weisser is available to testify as an expert witness is Georgia Real Estate Trials. His area of specialty is contracts and agency. Call today, 770-827-6225.
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