Jameka Mikell

I was working with a potential client the other day who really did not understand how a Buyer's Agent can help them in the real estate purchase process. After that conversation, I decided I would write down a few notes to describe how a Buyer's Agent can help during the sales process.

The Buyer's Agent represents you in the transaction. They are your advocate! The seller is represented by the listing agent.

Your Buyer’s Agent will help you narrow down the houses that best fit you needs and wants. They can take your input and select homes from the MLS that meet your criteria saving you the time and hassle.

Your Buyer’s Agent will look out for your best interests. If there are things that seem to be a challenge in a house that you considering, the Buyer's Agent will let you know immediately.

Your Buyer's Agent will help you understand the Purchase and Sale Agreement.

Your Buyer’s Agent will help create a Purchase and Sale Agreement that ensures you get the best deal and conditions for your purchase

Your Buyer’s Agent can assist you in getting pre-approved with a lender with one of their preferred lending partners if needed.

Your Buyer’s Agent can assist you in locating a Home Inspector and other Real Estate Professionals

Your Buyer’s Agent can explain a home survey, termite letter, termite bond, and title insurance.

Your Buyer’s Agent will work to perform multiple services between the time you go under contract and closing to help ensure a smooth, no hassle closing process.

As you see, a good buyer's agent can save you both time and money. In addition, they can help to protect you as a client from making unwise financial and legal choices. Even in today's Internet age, where a large majority of consumers use the internet to search for homes, many still also choose to use a buyer agent to assist them with the home buying process.

LOOK AT THE NUMBERS FOR THIS WEEK IN DOUGLAS COUNTY, GEORGIA.

DOUGLAS COUNTY MARKET REPORT ANALYSIS FOR THE WEEK OF 10/19/09-10/25/09

MARKET REPORT FOR DOUGLAS COUNTY :

THIS WEEK NEW LISTINGS: 63

FOR THIS WEEK PENDING SALE (UNDER CONTRACT): 37

THE EXPIRED LISTING FOR THE WEEK: 14

THIS WEEK SOLD LISTINGS: 21

AVERAGE LIST PRICE FOR THE WEEK: $158,732

AVERAGE SALES PRICE FOR THE WEEK: $140,379

If you would like a free market analysis of your own property, please feel free to email Jameka Mikell at jameka@mikellhometeam.com. Maximum One Realty Greater Atlanta.

Visit our website for additional details:

www.mikellhometeam.com

HUD has greatly increased the number of homes available in the Atlanta metro area in an effort to reduce foreclosed inventory by the end of year. If you are a buyer who is looking to take advantage of the $8000 first-time homebuyer tax credit and the great prices on HUD homes, now is a great time to buy.

Currently, there are 230 new HUD listings in the metro Atlanta area. Many of the listings are homes that are fairly new and need only minor cosmetic repairs. One the higher priced properties ($125,000 and above) in West Cobb is this appealing HUD home located at 402 Holland Springs Drive in Powder Springs. This home is a 4BR/2.5BA built in 2001 in the desirable city of Powder Springs.

There are also a large number of homes available that have been relisted or on a daily bid schedule so contact us to get more details about these listings. If you would like more information on HUD homes, contact us today.

Thanks for taking the time to read our West Atlanta HUD homes blog.

LOOK AT THE NUMBERS FOR THIS WEEK IN DOUGLAS COUNTY, GEORGIA.

DOUGLAS COUNTY MARKET REPORT ANALYSIS FOR THE WEEK OF 10/12/09-10/18/09

MARKET REPORT FOR DOUGLAS COUNTY :

THIS WEEK NEW LISTINGS: 45

FOR THIS WEEK PENDING SALE (UNDER CONTRACT): 26

THE EXPIRED LISTING FOR THE WEEK: 17

THIS WEEK SOLD LISTINGS: 30

AVERAGE LIST PRICE FOR THE WEEK: $178,880

AVERAGE SALES PRICE FOR THE WEEK: $156,902

If you would like a free market analysis of your own property, please feel free to email Jameka Mikell at jameka@mikellhometeam.com. Maximum One Realty Greater Atlanta.

Visit our website for additional details:

www.mikellhometeam.com

As we all know property values have taken a serious hit due to the number of foreclosures and fallout from the credit crisis. Below are some statistics that provide some insight into the Atlanta metro area. If you want to appeal your tax assessment, make sure to contact your county tax assessor and learn what steps are necessary to dispute your assessed value:

Five major metro Atlanta counties have dropped values for more than 350,000 parcels:

• Clayton: 90,000 parcels, 70,000 parcels lowered (78%)

• DeKalb: 235,000 parcels, 95,000 parcels lowered (40%)

• Fulton: 335,000 parcels, 100,000 parcels lowered (30%)

• Gwinnett: 273,000 parcels, 70,000 parcels lowered (26%)

• Cobb: 246,000 parcels, 20,000 parcels lowered (8%)

Source: Atlanta-Journal Constitution - www.ajc.com