Randy 's frugaL REaL EstATe Blog

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Real Estate Agent
Find out about metro Atlanta real estate and learn how you can keep much more money in YOUR pockets!
RECENT BLOG POSTS
 This Atlanta market is big diverse mess.  Homes are hot and they're cold. Depends. Alpharetta, a new-money suburb to the north, is on the list of homes expected to drop the least this year. What the heck does that mean? I quote the Atlanta Journal who references the CNN blah blah:  "Alpharetta r...
04/22/2008
My most recent closing last week was a happy sale.  The property, a nice 2/2 condo came to market at 126k and after 435 days we (I'm on the buyer side) purchased for 97k. Inspection revealed that the Furnace, Ac, and H2o heater were roughly 20 years old, but the buyer was being given a 1 yr home ...
04/21/2008
Local builders are having sales like we've never seen. They want inventory to move as they've got interest payments due they're willing to cut a deal here and there. The latest I've seen is Bowen who's offering 10,000 up to 50,000 to buyers this weekened only on homes from 150-500k.  This is a gr...
04/18/2008
Living "In-Town" Atlanta means old housing, or new and very expensive, usually built on previous homes that have been torn down.  Combine the aging market of homes with what people want and its time for rehab.One problem here is the money. Atlanta buyers in general have some of the weakest credit...
04/17/2008
Hi Many of you would like to know what's really going on in the local market.  Atlanta has some areas that went way too high with irrational speculation, then came down hard and have lots of foreclosures. [East Lake area comes to mind]   Other areas, like Oak Grove, Toco Hill, Medlock Park...rema...
04/16/2008
Hi all, Many of you probably knew about Oprah and her bookclub and may have read A New Earth, by Eckhart Tolle.  This Monday I bought the book and I began watching her interactive webinar. This was the first of 10 weeks of these events.  I strongly recommend you have a look and jump on the book. ...
03/05/2008
1 Comments
I turn and walk away when someones says shortsale as I've seen nothing but lies misinfo and problem associated with them. This is a good article that lays it out better than any i've got time to write.Enjoy- rbhttp://homebuying.about.com/od/4closureshortsales/qt/021208_BuyShort.htm  
03/05/2008
FannieMae just said that no more loans will be purchased from lenders w inhouse appraisers and where theres some business connect involved.  THis is bad for some good appraisers, one of them that I know, but may be a help to our industry ills.I hope that some of you more closely involved in the p...
03/03/2008
Sorry, that's not a turtle. It's a builder.  Got a flyer from a top builder in our state... offering 8-10% co-op commissions for selling existing new homes.  Should I take it? Do I look the buyer in the eye at closing and tell'em I did all I could for them?Personally i'll take half that and get t...
02/20/2008
I had a great lunch today with about 75 fellow agents today.  This was only our 2nd full staff gathering of the year and the relevant issue is everyone's busy.  More showings, more offers more activity in general.  Ive been on 2 listing appts this week and have a buyer tomorrow.  The other agents...
02/19/2008
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Randy Barnes

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After decades absorbing ever bit of real estate wisdom I can find I still learn new tricks every day.