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re: Atlanta home buying
Posted on 1/24/22 at 1:07 pm to AtlantaLSUfan
Posted on 1/24/22 at 1:07 pm to AtlantaLSUfan
quote:
Office is in Marietta
Gwinnett wise would get as close as possible. No great way to get to Marietta (if you have to ever do it around rush hours).
It is an almost impossible time to buy. Just got 10% over asking price on my home and never even got it listed. Likely could list it and get another 15-20k if I wanted the hassle.
Trying to buy a home and can't even get offers in place in time. Going to rent for now in new location but can't find anything.
Low supply, high demand, low rates...not in your favor.
Best I can say is find an area and put a realtor to work (make them earn it) and make sure and have all your financing as ready to go as possible.
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Posted on 1/24/22 at 1:08 pm to kywildcatfanone
quote:
As a buyer, you don't pay them anyway. Make them work for you.
Not true in this market..plenty of sellers making buys pay all the closing right now.
Posted on 1/24/22 at 5:01 pm to RealDawg
quote:
Not true in this market..plenty of sellers making buys pay all the closing right now.
I was talking about a buyers realtor.
Posted on 1/25/22 at 7:59 am to DesignTiger
quote:
We live in Buford about a mile from the Mall of Georgia and my office is in Norcross/Peachtree Corners. It takes me about 35 min to get to work from my house.
Over the past year or year and a half our house value has gone up about 35%. Really tempting to sell but then we’d have to buy again. It’s crazy.
Alpharetta is somewhat in between Marietta and Norcross. It really depends on how much time you’d be spending at either office.
Good luck. You’re gonna need it.
I'm in Sugar Hill. We bought our house in January 2017 and it's estimate is now up 54% from when we bought. Like you said, be great to sell but what the hell are you going to get that doesn't eat it right back up.
Posted on 1/27/22 at 9:29 am to NorthGwinnettTiger
quote:
We bought our house in January 2017 and it's estimate is now up 54% from when we bought. Like you said, be great to sell but what the hell are you going to get that doesn't eat it right back up.
Yep. Whatever you sell for, it'll get wiped away by everything else increasing too.
I'm in city of Decatur and we have a few older houses on our street. Our neighbor sold their 980 sq foot house last fall for $395k, so basically $400/sq ft.
We tore ours down and rebuilt about 6 years ago. That put ours so high I thought about selling, but we don't want to leave COD and everything else was just going to cost that much more. Basically any 4 bedroom house, if you can find one, is close to, if not over $1MM.
As for the OP, definitely try to live close to your office. Even with lots of people still working from home, traffic is a grind. I can't imagine what it will be like when more and more start going back, if they ever actually do.
I work in downtown, so my commute isn't bad, but I've been at home ever since covid hit. It used to still take me 30 or so minutes to get to the office some days.
This post was edited on 1/27/22 at 9:36 am
Posted on 1/30/22 at 9:54 pm to AtlantaLSUfan
You can find value in Woodstock/Cherokee county and get to Marietta quickly. If you’ll be spending more time up 85 it’ll be a bit of a hike from Cherokee.
Posted on 1/31/22 at 10:17 pm to BPTiger
With Doraville, it’s a touch of country in the city
Posted on 2/1/22 at 2:51 pm to AtlantaLSUfan
i live close to sprayberry. They are suppose to rebuild the school they are adding new gym now. So if you got young kids they will going to a new school. The area is great to raise a family in. I am in between lassiter and sprayberry and both areas are great. If you got elementary school kids the school off ebeneezer is great for kids everybody says. Prices in area will be from 300-1mil.
Posted on 2/1/22 at 2:56 pm to BPTiger
Cherokee is great and growing like crazy. Like East Cobb 30 years ago. Probably can get more house for the money. But 575 coming to Marietta can back up.
Posted on 2/10/22 at 1:01 am to AtlantaLSUfan
I'm selling in East Cobb. You can walk to Walton.
Posted on 2/16/22 at 9:34 am to fontell
New York's fine
But it ain't Doraville
But it ain't Doraville
Posted on 3/2/22 at 1:33 pm to AtlantaLSUfan
There is no way I would buy in this market. If you must, go as far Northwest of the city as you can stand.
Appreciation of homes in the range of 30% plus is not something that will last. In fact, we are racing toward another collapse like we saw in 2008. That will be the best time to buy, but I understand that may not be feasible.
Appreciation of homes in the range of 30% plus is not something that will last. In fact, we are racing toward another collapse like we saw in 2008. That will be the best time to buy, but I understand that may not be feasible.
Posted on 3/2/22 at 1:36 pm to CharlieTiger
quote:
I'm in city of Decatur and we have a few older houses on our street. Our neighbor sold their 980 sq foot house last fall for $395k, so basically $400/sq ft.
A sucker is born every day. I am glad your neighbor found their's. LOL
Posted on 3/2/22 at 1:50 pm to AU9377
quote:
If you must, go as far Northwest of the city as you can stand.
My family is still back in Kennesaw and the prices there are getting wild.
My buddy bought a run down house near main street in Kennesaw and it was running for MAYBE 80K a few years back, and now it's north of 200K. Zero work has been put into the house aside from some new paint.
Posted on 3/4/22 at 12:16 am to breamking
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the elementary school off ebeneezer is great for kids everybody says
C/O 1996 AMA
This post was edited on 3/4/22 at 12:17 am
Posted on 3/10/22 at 7:13 pm to The Nino
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We’re Brookhaven adjacent (Chamblee)
I haven't heard that one before... "Brookhaven adjacent"
Posted on 3/10/22 at 7:50 pm to AtlantaLSUfan
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We can live anywhere from Cobb and Gwinnet county, up to Forsyth. Office is in Marietta but I’ll also be working east of Norcross.
Which office will you be in for most of the time? "East of Norcross" and Marietta are basically an hour apart, on a good day. With real estate so high right now, consider renting. I'm a Marietta/Kennesaw native and currently live in Gwinnett.
Posted on 3/29/22 at 2:15 pm to AtlantaLSUfan
Just ended up getting a house in Cobb under contract.
The only thing I can tell you is that it takes a MASSIVE amount of dumb luck and being at the right place/right time.
Toured a trash pit of a home and left dejected. Went back to our rental and my fiancé came running into the room to show me a new listing and said that we could tour it if we left in 5 minutes. Ended up being the 1st on site to tour, and we were able to slap together an offer straight out of our asscheeks that somehow stuck. The owners had to move for work and just wanted it out of their hair, so they were quick to accept the 1st offer.
Legit don't understand a single thing that we did to make it work, but it just did. Total dumb luck, but that seems to be the only thing that works in this market, aside from an all-cash offer 50K over asking.
The only thing I can tell you is that it takes a MASSIVE amount of dumb luck and being at the right place/right time.
Toured a trash pit of a home and left dejected. Went back to our rental and my fiancé came running into the room to show me a new listing and said that we could tour it if we left in 5 minutes. Ended up being the 1st on site to tour, and we were able to slap together an offer straight out of our asscheeks that somehow stuck. The owners had to move for work and just wanted it out of their hair, so they were quick to accept the 1st offer.
Legit don't understand a single thing that we did to make it work, but it just did. Total dumb luck, but that seems to be the only thing that works in this market, aside from an all-cash offer 50K over asking.
This post was edited on 3/29/22 at 2:20 pm
Posted on 4/14/22 at 3:06 pm to DirtyDawg
quote:
Legit don't understand a single thing
Still don't understand a damn thing, but at least now I'm dealing with shitty service from utility companies. It's like herding cats trying to get everyone to show up/turn on their services for the proper move in date.
God-speed to all and may Fannie Mae kiss my arse for invoking the Patriot Act on me because they thought I was trying to launder money via the closing.
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