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Winter Baserva Realtor Atlanta, GA Homes For Sale

!!!!!!!!!!!!LITHONIA FORECLOSURE PRICING WITHOUT THE HASSLE.....WHEN A SELLER GOES MAD!!!!

I'm often asked, "are there any good deals out there". My answer is simple, YES, there are, but you can't wait until they look good on PAPER because then everyone will go after it....WELL, this is ONE of those good deals that IS a good deal AND looks good on paper!!! That's because my seller just dropped the price $20k!!!!

Anyone looking for a TOTAL renovation in Lithonia, GA with a FULL, FINISHED BASEMENT better RUN before this beauty fly's off the market!!!

THIS DISTRESSED SELLER, MUST SELL NOW!!! CAPATALIZE ON THEIR LOSS AND MAKE US AN OFFER!!!

STUNNING ARCHITECTURAL GEM w/ FULL FINISHED BASEMENT at BLOW OUT Pricing!!!

Reap the benefits of this TOTAL RENOVATION FROM THE STUDS IN!

Perfectly situated in a natural, pristine setting, this home boasts the best Stone Mountain Views in Town!!

Other great features of this LIKE NEW HOME include:
*BRAND NEW EVERYTHING--Marble countertops, hardware, paint inside and out, carpet, appliances, custom tiles and too many items to mention!!!
*FULL FINISHED BASEMENT with TONS of rooms great for theatre, study, gym, etc. THIS SPACE IS SO HUGE it could be its OWN HOUSE!!
*Basement also has terrace level patio and private entry!!!
*The master suite overlooks the refinished and rebuilt porch which overlooks nature at its best!!
*Tropical Paradise of Fresh Landscaping
*OVERSIZED Steepless Ranch
*Custom tiling in bathrooms, foyer and entrance
*4 bedrooms/2 baths and 4 ADDITIONAL ROOMS!! Over 11 Rooms TOTAL!!!
*20 FT. VAULTED ceilings exposing true natural wood beams!!!
*Master-Piece Theatre Den with Private Bulter Bar
*2-car garage and level driveway with ample additional parking
*I'm running out of room. THIS PLACE HAS IT ALL FOR A FRACTION OF WHAT YOU MIGHT EXPECT TO PAY!!!


Come be apart of this family community in one of S. Fulton's HOTTEST school districts!!!

P.S. THIS IS THE LOWEST PRICE LUXURY HOME IN THE AREA, HAS DOUBLE THE AMOUNT OF SPACE YOU'LL SEE OUT THERE AND IS A STEAL!!!!!

Only Six Months Left to Capatalize on Federal Tax Credit and Housing Bill 261 in Atlanta, GA!!!

Remember there is only SIX months (through Nov 30, 2009) left for the $8000 Tax Credit. Here is a quick recap:

Feature

Explanation

Amount of Credit

Ten Percent of the cost of home, not to exceed $80000.

Examples:

· If a home costs $65,000, the allowable credit would be $6,500.

· If a home costs $120,000, then the allowable credit would be $8,000.

Eligible Property

Any single-family residence (including condos) that will be used as a primary residence.

Refundable

Reduces income tax liability for the year of purchase. Claimed on tax return for that tax year. However, there are interesting options - purchases in 2009 can be claimed in 2008 - so that the refund can be received via an amended 2008 tax return. That way the buyer does not have to wait until April 2009 to receive the money.

Individuals should consult a professional tax advisor for exact tax calculations.

Examples:

· If an individual's actual tax liability was $5,000, then after the tax credit is applied the purchaser would receive a total refund of $3,000. The refundable amount is the difference between the $8,000 tax credit and the amount of one's tax liability.

· If an individual's actual tax refund was $2,000, then after the tax credit is applied the purchaser would receive a total refund of $10,000.

Income Limit

Individuals whose Form 1040 filing status is single (or head of household) are eligible for the tax credit if their income is no more than $75,000. Individuals who file a joint return may have no more than $150,000 in income.

Individuals with incomes between $75,001 and 94,999 (single) or $150,001 and $169,999 (joint returns) are eligible for a partial tax credit. Individuals with incomes greater than $95,000 (single) or $170,000 (joint return) are not eligible for this tax credit.

Recapture

This tax incentive is a true tax credit. However, home buyers must use the residence as a principal residence for at least three years or face recapture of the tax credit amount. Certain exceptions apply.

In Addition, Here is Some More Information about the Georgia Housing Bill 261 that was Just Passed for Up to $1,800 in Savings...

HB 261 was signed into law on May 11, 2009 by Georgia Governor Sonny Perdue. GAR applauds House Sponsor Ron Stephens (Savannah), House Ways and Means Chairman Larry O'Neal (Warner Robins) and Senate Chairman Chip Pearson (Dawsonville) for their tireless efforts in the passage of this important legislation. Unlike the federal tax credit, the Georgia credit is not limited to first-time homebuyers, and there are no applicable income limits. The credit is only available to buyers of eligible single family residences who close between June 1 and November 30 of this year. The prompt actions of all GAR members who responded to Calls for Action on this legislation were pivotal in influencing the passage of this legislation. Below are Frequently Asked Questions regarding the Georgia Tax Credit:


1. Is this tax credit limited to first time homebuyers?
NO, all purchasers of an eligible single family residence in Georgia that file a Georgia income tax return can claim the credit.

2. Can the Georgia credit be combined with the federal $8,000 first time homebuyer tax credit?
YES, if buyers meet the qualification for each credit they may claim both. Each credit operates independently from the other. One is claimed on your federal income tax return, the other is claimed on your Georgia income tax return.

3. Is it true this credit is limited to the purchase of a single family residence?
YES, the tax credit is limited to the purchase of one single family residence.
Single-family residences (including condominiums) are eligible if they are:
* New residences, residences occupied at the time of sale, or previously occupied residences, if such residences:
- Were for sale prior to the effective date (5/11/09) and were still for sale after the effective date;
* Owner-occupied residences with respect to which the owner's acquisition debt is in default on or before March 1, 2009; and
* Residences with respect to which a foreclosure event has taken place and which are owned by the mortgagor or the mortgagor's agent.

4. Is it true that eligible single family residences must have been listed prior to May 11, 2009 in order to qualify for the credit?
YES, the original intent of the bill was aimed at reducing the housing stock that has been on the market for an extended period of time.

5. Is it true that only eligible buyers that close between June 1, 2009 and Nov. 30, 2009 can claim the credit?
YES, the intent of credit is to stimulate the market by encouraging potential buyers to get off the fence and BUY NOW!

6. How do I determine the amount of tax credit I am eligible for?
The tax credit will be for 1.2% of the purchase price, with a maximum credit of $1,800 (whichever is less). Homes purchased for $150,000 or more will receive a maximum of $1,800.

7. Can I claim all $1,800 on my 2009 income tax returns?
NO, the total amount of your credit must be claimed in one-third increments over a three year period. The maximum credit per year is $600 if you are eligible for the maximum $1,800. Any excess or unused credit may be carried forward to apply to succeeding years' tax liability.

8. Can I amend my 2008 Georgia income tax return to claim the credit?
NO, the tax credit cannot be applied against prior years' tax liability.

9. I am looking for investment property or a second home, is the credit available for the purchase of owner-occupied residences only?
NO, all eligible single family residences qualify for the credit. However, each taxpayer can claim the credit one time only.

10. Is there an income limit for buyers who claim the credit?
NO, there are no income limits applicable to this credit.

11. Is there a limit to how long a buyer must own the property to claim the credit?
NO, there is not a limit to how long a buyer must own the property.

12. Does any portion of the credit require repayment for any reason?
NO, if you are awarded the credit there are no penalties that would require you repay any portion of the credit.

REMEBER...I SPECIALIZE in foreclosures, short sales, distressed sellers and GOOD DEALS in ALL price points. Tell me what you're looking for and let me find you YOUR deal of a lifetime 678.463.3173!!!

Thank You Sonny!! More Relief for Home Buyers in Atlanta, GA

Thank You Sonny!! More Relief for Home Buyers in Atlanta, GA

In addition to the $8000 tax credit available for first time home buyers, Georgians have another reason to celebrate!!!

On Monday, May 11, Governor Sonny Perdue signed legislation into law that creates a new state income tax credit for home purchases in Georgia. The tax credit will apply to purchases of eligible properties between June 1 and November 30, 2009, and is expected to spur activity in the housing market. Passage of this bill was the top legislative priority for the Georgia Association of REALTORS® in 2009.

House Bill 261 provides an income tax credit for the purchase of a single-family residence during the six months between June 1 and November 30, 2009. The credit amount is the lesser of $1,800 or 1.2 percent of the purchase price. The tax credit is applied over three years, with one-third of the credit available each year. If a the amount of the credit exceeds the taxpayer's tax liability, the unused credit may carry forward to the next tax year.

The credit created by HB 261 may be claimed one time per taxpayer. The final version of the bill contains the GAR amendment to clarify condominiums and residences occupied at the time of sale are eligible for the credit. In addition, eligible single family residences include:

  • New single-family residences;
  • Previously occupied residences that were for sale prior to May 11, 2009. and are still for sale after May 11, 2009;
  • Owner-occupied residences in which the owner's acquisition debt is in default on or before March 1, 2009; and
  • Residences where a foreclosure has taken place and are owned by the mortgagor or the mortgagor's agent.

This tax credit is in addition to the federal first-time home buyer tax credit , which is available to only those buyers who have not owned a home during the last three years.

Better Buy Before November 2009!!! Call me and I can help you save EVEN MORE!!!

MY SELLER HAS LOST THEIR MIND!! FIRESALE PRICING ON 3-SIDE BRICK HOME IN ROSWELL WITH EAST COBB SCHOOLS!!!

THAT'S RIGHT! MY SELLER HAS LOST THEIR MIND.....
FIRESALE PRICING ON GORGEOUS, TURN KEY, TOTALLY RENOVATED HOME!! SELLER MUST SELL!!!


Can you say Pottery Barn Perfect?? This GORGEOUS 3-side, brick home is perfectly situated overlooking the treetops in a cul-de-sac of the highly-desired Hedgerow IV.

With TONS of upgrades to this posh abode, you'll enjoy a completely rennovated kitchen with granite countertops, mocha-stained ceiling-to-floor cabinets, tile backsplash, stainless steel appliances and a LARGE pantry.

OTHER FABULOUS FEATURES OF THIS HOME INCLUDE:
*BLOW OUT PRICING--CHECK THE COMPS--THIS IS THAT DEAL OF A LIFETIME!!!
*GRANITE Countertops and Mocha-Stained Cabinets
*STAINLESS STEEL APPLIANCES-yes, the refridgerator comes with the home!!!
*CUSTOM paint throughout the home
*HUGE screened-in back porch
*5 Bed/2.5 Ba
*EXTENSIVE paneling and trim details throughout
*Formal LIVING & DINNING areas
*CUSTOM Wet Bar with Refridgerator and Granite Countertops
*REAR AND FRONT Stairways
*Newer Water Heater
*Newer DOUBLE-PAIN, ENERGY-EFFICIENT windows
*Pot Rack INCLUDED
*COZY Red Brick FIREPLACE in Den
*New Fans THROUGHOUT
*VAULTED ceilings in Master Bath with WHIRLPOOL Tub
*LARGE master bedroom with TREY ceilings
*New Fixtures Throughout
*NEW FENCE

SHOP, COMPARE AND SAVE!!! This home is ONLY for Value-Concious Buyers! Those not looking for LOADS OF EQUITY, please do not apply!!!

This is the LOWEST-PRICED LUXURY Home in Hedgerow and is absolutely PRICED-T0-SELL. For more information or an EASY SHOWING, call or text Winter at 678-463-3173 or visit www.onewinter.biz under my featured properties.

Just DO Your Job--The Downside of REO Listing Agents & Their Productivity!

Just DO Your Job--The Downside of REO Listing Agents & Their Productivity!

I GET it! REO listing agents are busy. They are getting multiple offers, handling volumes of calls and trying to keep it all organized between the agents and asset managers. HOWEVER, lately, I am noticing such a lack of respect from listing agents and their willingness to work to keep a deal together or just respond back to a buyers agent. All you have to do is put it on the MLS and let the buyers agents do their jobs, so can you PLEASE help out with the SIMPLE things in a transaction that are a part of your job??

In case you have forgotten, remember how much the buyers agent has to work to see a deal through closing and PLEASE be considerate of the amount of time, effort and diligence your counterpart has to go through to make it happen.

For this, in return, I don't think its too much to ask to:

*RESPOND WHEN AN OFFER IS RECEIVED as kindly requested in the documentation!

*Get back to the agents in a TIMELY MANNER...THIS MEANS WITHIN AT LEAST TWO DAYS OR LESS!

*Be COURTEOUS when speaking to them--remember we are all on the same team. As many calls as you get on your listings, buyers agents are fielding that many calls from BUYERS the people who actually BUY the product!

*CHANGE A LISTING TO "PENDING" WHEN ITS UNDER CONTRACT!!! Geez...That's just down right MEAN, especially for buyers who want the property and agents who take the time to go show it.

*HAVE A PERSON THAT CAN BE REACHED ON THE WEEKENDS AND NIGHTS WHEN BUYERS AGENTS ARE OUT THERE SHOWING!!!! A machine is NOT always the answer.

*PUT THE LOCKBOX CODE ON THIS LISTING--especially if you intend to direct ALL calls to a voice machine.

*And, not put people in a "supposed" multiple offer situation when you know in fact there IS NOT ONE. This by the way, is ILLEGAL and UNETHICAL!

Not only are these items common courtesy, but a part of the code of ethics we all agreed to abide by.

I could sit here and name SEVERAL major Atlanta REO brokerages who have missed the boat in the simple day-to-day routines of their jobs, but instead I would like to acknowledge one of the most professional and organized REO brokerages out there...Southern REO. When you get past their lengthy contractual submission guidelines (which are actually quite easy when you just read the directions), they are without a doubt one of the REO brokerages in ATL that has it ALL together. Specifically, I would like to acknowledge Lynn Brennan and her team of helpful staff that sees everything from beginning to end...

What issues are YOU having with listing agents that you would like to see a change in??