Mischa Mileman's (mmileman) Blog

The Basics: Extended Home Buyer Tax Credit As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that: •·    Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until A...

Q:  How many buyers in the market now are investors? A:  According this article written by Kenneth Harney, approximately one out of every eight buyers last month was an investor - someone looking to acquire property at discounted price and improve the property to resell or lease out for cash flow...

What is a Short Sale? In real estate, a short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold.  In a short sale, the bank or lender agrees to discount a loan balance due to an economic or financial hardship on...

What do you NEED TO KNOW to purchase an Alpharetta, GA foreclosure?  Here are a few mistakes to avoid... ·Consider your exit strategy in the property...how long do you plan to hold the property and let this be a factor in your purchase price.  A foreclosure fixer upper property needs to be at lea...

Q: WHAT DOES $2.2M BUY IN SANDY SPRINGS? A: ONE GORGEOUS, BANK-OWNED, NEW CONSTRUCTION, SIX BEDROOM FORECLOSURE MANSION IN TILLER WALK, SANDY SPRINGS, THAT WAS JUST REDUCED BY $1,000,000! How long does it take to save $1M? Not very long if you get in line to submit an offer on a new construction ...

PLACE YOUR VOTES NOW FOR THE MOST FABULOUS COUNTRY CLUB IN ALPHARETTA! HELLO HOMEOWNERS, BUYERS, SELLERS AND FELLOW AGENTS!  *** IT'S YOUR TURN TO CAST YOUR VOTE FOR THE BEST COUNTRY CLUB IN ALPHARETTA *** Here is a short list to get you started.  Feel free to nominate any clubs not included in t...

Many buyers relocating to Atlanta have heard of the fabulous suburb of Alpharetta, GA.  However, how many of you buyers have heard of Milton, GA? Milton is a stunning equestrian community located in the North Fulton County.  Milton is home to multi-million dollar mansions and equestrian estates, ...

DID YOU KNOW THAT THERE ARE LITERALLY DOZENS OF LUXURY FORECLOSURE HOMES IN ALPHARETTA? DO YOU KNOW HOW TO FIND THEM? Although Alpharetta is a very affluent suburb of Atlanta, this beautiful city has also been hit by the foreclosure crisis. There are literally dozens of luxury foreclosure homes i...