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Clean up the mess! $60 = 2 HRS of Home Organization by Drab to Fab Organizing ($120 value)

Clean up the mess! $60 = 2 HRS of Home Organization by Drab to Fab Organizing ($120 value)

Has it been months since you've seen the surface of your dining room table? Can the kids find their homework? Do you have boxes and bags filled with things you need to return, but can't find the receipt?

Agents Unknowingly in Violation of Ethics

This is a warning to Agents and a reminder to the public to be careful who you chose to represent you in a real estate transaction. I have recently heard some stories that have taken place locally and want to send this reminder to everyone. It is a violation of the ethical requirement for licensure in Georgia to represent a buyer or seller in a matter that the Agent is unfamilliar with. 

The REALTOR® Code of Ethics - Article 1 starts: "When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS® pledge themselves to protect and promote the interests of their client."

Metro Atlanta foreclosure rate 16th highest in nation

Metro Atlanta foreclosure rate 16th highest in nation

ATLANTA -- Metro Atlanta's foreclosure rate slowed by the middle of 2011, but remains among the metros with the highest rates.

Atlanta had 44,1560 foreclosure filings from January through June, down about 16 percent from the first half of 2010. This gave Atlanta the 16th highest rate of foreclosures, according to RealtyTrac, which publishes the largest list of foreclosures in the country.

The company defines a foreclosure as default notices, scheduled auctions and bank repossessions. 

Real Estate has a Long Road to Recovery

 

The next years of real estate are not going to be positive for homeowners. In fact, it’s estimated that in 2012 over 60% of all home sales will be foreclosures or short sales. This means that the banks will control the pricing of more than half the real estate market and we can expect continued declining values. This idea may not sit well with many after the mortgage meltdown and moral hazard issues we had over the past five years.

Further, we at Sellect Realty believe that it will be another five to seven years before we see home values near their previous peaks and then we expect a plateau for several years to follow before growth. Currently our market is still declining. Despite month-over-month gains we have had another drastic decline in home values over the past 12 months. According to the recent statistics released by Realtor.com the average listing price decreased by 11.42% from June 2010 to $250,933.  

Model Home Tour Incentive

Model Home Tour Incentive

Through the month of June, Vickery Condos is providing a little incentive to come view their beautiful model!

Simply tour the Vickery Condos Model with the on-site agent and you’ll receive a $20 Gift Card to one of the many restaurants within Vickery Village!

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Things to Avoid When Holding an Open House

This weekend was national open house weekend. I had the opportunity to see an open house go wrong in a million dollar neighborhood, so I'm going to share some pointers to help your open house go smoothly.

1. Ensure that there are no malfunctions with the home. A defective air conditioner ruins the experience for everyone including the agent. You do not want the agent to be in a bad mood!

2. Have an agent who will not push prizes, giveaways, or follow prospective buyers as they look at the house. The idea is to make everyone comfortable and the way to do that is by making all information readilly available and be available to answer questions.

3. Have drinks and/or snacks on hand, especially on a hot afternoon. At a minimum, bottles icewater and soda is a must.

Hall County Approves 2 Payment System for Taxpayers

Atlanta, GA--  Hall County property owners have the option to pay taxes in two installments starting with the 2011 tax year. The Hall County Board of Commissioners voted Thursday to change from one to two due dates, following the results of a referendum by the voters on Nov. 3.

Tax Commissioner Keith Echols will mail a tax bill on Aug. 1 that includes two payment coupons. The first installment will be due Oct. 1, at which time at least half of the total must be paid. Late payments accrue interest of 1-percent per month. The remainder is due Dec. 1. If the entire amount is not paid by Dec. 1, a 10-percent penalty will be charged after 90 days, in addition to 1-percent interest per month.

Penalties and interest for Hall County property taxes are set by state law, unlike municipal taxes. The City of Gainesville allows taxpayers the option to pay in two installments, but the first due date is not mandatory. The Oct.