FSBO seller

FSBO Atlanta Georgia Bungalow hous-c7wdy-1069171861@craigslist.org

There are many benefits to buying a home.

Credit:
Owning a home helps you establish financial credibility.

Independence:
Owning your own home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets and anything else within legal bounds.

Investment:
As you make more payments and own more of your home, you add to its investment value. Most improvements you make will also add to its value.

Pride:
A home reflects its owner’s values and lifestyle. Owning a home can provide you with a source of pride, enjoyment and satisfaction.

Security:
A home can provide security against inflation because the value of your home increases as prices go up.

Stability:
Being established in a community provides a sense of belonging, stability and security.

Tax Advantages:
Interest on your mortgage loan is deductible on your yearly personal income tax return. Many of the closing costs associated with purchasing your home are deductible, as are your property taxes.

Priced to Sell FAST @ $75,000

Buying or Selling? Find Out What its Worth!

2 Bed 2 Bath

This Condo is minutes from Spaghetti Junction and convenient to I85 and I285

Spacious Garden-Style Condo
Nestled in Mature Wooded Area
Assigned Parking Space
Huge Bedrooms with walk-in closets
Living Room with Gas Log Fireplace
Tons of cabinets and counter space
Large laundry room just off kitchen
Picture Window with Breakfast Bar

Woodridge Community Amenities include:
Pool and Jacuzzi
2 Tennis Courts
Strong HOA Board

Home Details featured on FSBOATL.com Property ID# 2048

Contact The Owner

Equity is the value of your home minus what you owe on your mortgage. For example, If Joe’s home is worth $200,000 and Joe still owes $170,000, then Joe’s Equity is $30,000.

All homeowners in Atlanta Georgia and surrounding counties should be aware of the Rule of 50/20. For most mortgages, after making payments for 15 years on a 30 Year mortgage you will have only paid off around 20% of your principle. In other words, after paying for 50% of the term of your 30 Year mortgage, you will have only paid off 20% of what you owe on your home. That’s the Rule of 50/20.

In the early years your mortgage payments are front-loaded with HUGE interest payments. Only a small amount each month goes towards your principle. Therefore it takes a long time to build decent Equity in your home.

Most homeowners in the Greater Atlanta Georgia Metro Area only stay in a home for around 7 years, that’s very little time to build Equity.

Remember, agent/broker commissions come out of your Equity. Using the above example, if Joe’s Equity is $30,000 and he pays 7% commissions ($14,000) to an agent/broker, Joe will lose close to 50% of his Equity just to have someone sell his house for him.

If Joe sold his home on fsboatl he saves this expense and protects his Equity.

by Mark Linton

There are hundreds of Free places to advertise your home for sale by owner online.  However, why waste time listing your home on websites that no one sees when they search online?

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