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Tuesday, May 20, 2014

Let Us Be Your Resource for Much More than Real Estate



Looking to buy or sell a home in Athens, Georgia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (706) 621-6085 for a FREE home buying or selling consultation to answer any of your real estate questions.

Let Us Be Your Resource for Much More than Real Estate

 

Today I just wanted to let you know that you can use us as a good resource for referrals. If you need a good roofer, a good plumber, or any other type of contractor, please do not hesitate to ask us for a referral.

We know landscapers, plumbers, carpenters, cleaners, roofers, construction workers, lenders, and more. We work with these people everyday and are more than willing to point you in the right direction so that you can get satisfactory service out of anyone that we refer to you.

We know who is trustworthy and who is not. If you're not on our list and want to be included on our list of preferred vendors, then give me call and we can speak about putting you on there.

As always, if you have any questions or concerns about Athens real estate, then please do not hesitate to contact me. I am more than willing to help you out.

Thanks for tuning in!

Monday, May 5, 2014

The Decline of Foreclosure Properties in Athens is a Sign of Positive Growth



Looking to buy or sell a home in Athens, Georgia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (706) 612-1094 for a FREE home buying or selling consultation to answer any of your real estate questions.

Update on Foreclosure Properties in Athens

If you live in Athens, you might be watching the market and trying to find a good foreclosure property to purchase. In this short video I will give you an update as to what is happening with foreclosure properties in our local real estate market here in Athens.
  • In 2011 there were 1,035 foreclosures that sold in the Athens MLS.
    • In 2012 there were 980 foreclosure properties being sold.
    • 2013 saw only 602 foreclosure properties sold, which is around a 40% decrease from 2011.
  • In the first quarter of 2013, there were 168 foreclosure properties being sold here in Athens.
    • In the first quarter of this year, that number dropped to 110.
You can see that the number of foreclosures in Athens is decreasing as the market rebounds. We have seen much more new construction this year, and that is a sign of further improvement.

If you're thinking about buying a foreclosure property there are still some out there, and we know where to find them. We have marketing in place to catch motivated sellers that just want to get out quickly. You have the chance to buy these properties before they even hit the market.

Please feel free to contact me if you're looking for a foreclosure to buy. Also, don't hesitate to ask me about Athens real estate if you are looking to buy or sell other properties. I am always willing to meet with you and discuss your individual needs.

Tuesday, April 15, 2014

When You Own a Home, You Save Big with Tax Deductions



Looking to buy or sell a home in Athens, Georgia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (706) 612-1094 for a FREE home buying or selling consultation to answer any of your real estate questions.

Things to Know Heading Into Tax Season

 

It's that special time of year again here in Athens - Tax season. You may gave gotten a refund or you may be paying an additional income tax, but either way I would like to share with you some things that deal with how real estate pertains to taxes. There are some things that you may or may not be taking advantage of, so I would like to tell you about them.
  • If you're currently renting a home, you're missing out on a good tax deduction from the interest that you would pay on a mortgage. For example, if you itemize your taxes you are then able to write off the interest portion of your payment when you make your house payment.
    • Let's say your house payment is $1,000 dollars a month. Over the course of a year let's just say that $8,000 dollars is the interest portion of that payment. So when you file your income tax you're able to deduct that $8,000 dollars from your income. So, if you're in a 25% tax bracket, you just saved yourself $2,000 dollars.
    • If you're renting in Athens and thinking about buying, now would be a great time to do so. Not only is the market getting better and interest is low, you also get a tax benefit.
    • Also, as you pay the principle, you build equity.
  • This same tax deduction can be applied toward investment properties. If you want to shelter some income and buy rental property, that interest portion of your payment is also deductible.
I do have to tell you that I am not an accountant or a financial adviser, so before you take this to heart, please consult with these professionals. I am only offering some friendly suggestions for you heading into tax season. 

As always, if you need any help with buying, selling, or investing in Athens real estate, please give me a call and I would be happy to give you a hand.