21 acres with remodeled country home
With pond
28 x 60 shop
Creek
Fenced pastures
Barns
Drilled well
Pecan trees
Grapevines
Beautiful mature landscaped setting with plenty of privacy
Eight miles from Richard B Russell Park and Lake and only 30 minutes from I-85
Just outside of Atlanta and Athens Georgia
See More Online at FSBOATL.COM
Owner recently moved out of state and is selling rental house with excellent renters who are there to stay long term.
Here are the specifics of this rental:
Two stories + full mother-in-law suite with kitchen in daylight basement
6 bedrooms (four bedrooms on top floor and 2 bedrooms in basement)
3.5 baths (1 bath in basement)
2 car garage
Built in 1988
Family room, study, Formal dining room, Kitchen and breakfast nook on the main floor with two separate stair- cases to go upstairs.
Basketball hoop.
Beautiful private setting.
This house is in a quiet cul-de-sac with great neighbors, located within 5 minutes from northpoint mall, and freeway.
*The Basement: The beautiful daylight basement is the perfect Mother-in-law suite.
Two bedrooms
Full bath
Full Kitchen
Washer and Dryer
Seperate entrance
Built-in bookshelves
Beautiful view
*Renter 1 profile: Family of 6 on the top two floors. They are there to stay long term. They make a very good income and don’t ever want to buy a house. They take very good care of the house. Currently they pay $2,000/month, and pay for ALL the utilities.
Their lease agreement is indefinite.
*Renter 2 profile: Single lady in mid 30’s who works 3 miles away, and absolutely loves the basement apartment. She plans to stay there long term. Currently she pays $850/month plus a portion of the utilities that she gives to the renters upstairs. She has an 18 month lease, that started September 2007.
*Total Monthly Rent Received: $2850
See More Online at FSBOATL.COM
There are many reasons Atlanta homeowners decide to sell their home by owner. Here are some of the best reasons to choose to sell FSBO.
1. You Can “Sell” Your Home Better Than Anyone Else: You know your home best and what is special about the area, as well as other details about the property. A well maintained, fairly priced home virtually sells itself.
2. More Money in your pocket: Calculate 6% or 7% of what you think your property is worth, then ask yourself: is it worth paying this much to have someone else show my property? Chances are the answer is NO.
3. You’re in control: You can advertise where and how you want to, schedule showings when it’s convenient, talk directly with prospective buyers, and even take your house off the market when you choose. Remember, listing a home usually requires a minimum of 6 months with a Realtor.
4. Less Hassle and Frustration: When selling by owner, you don’t have to leave the house because an agent wants to show it, or clean every morning “just in case”. You know exactly when people are coming and can prepare accordingly. When a buyer makes an offer, there is not all the frustrating back and forth phone tag between agents.
5. Less Uncertainty: Because you meet the prospective buyers, you have a much better idea how interested people are, what they like about the home, how serious they are about buying and what their time frame and situation is. The direct feedback is easier to live with than wondering how things are going, or worse why no one has made an offer yet.
6. You Can Sell Faster: If you list your home with a real estate agent, everyone knows you’ll probably inflate the asking price to cover the commission fee amount. Three to six months down the road you’ll come to the painful realization that no one is going to buy it at that price, and you will end up reducing your price ( or accepting an offer) equal to the original amount you would have asked if selling by owner. Do it right the first time, and avoid taking the loss. Pass the savings along to yourself and the buyer and sell your home quicker.
7. Show Only To Interested Buyers: You can be sure that buyers are truly interested in your property when they visit because they have personally made the effort to be there. They haven’t been dragged there by an agent using your property for comparison purposes only.
8. You have greater access to out–of-area buyers: Our internet site allows buyers anywhere in the world, easy access to your ad and phone number. Currently it is estimated that 1.3 Billion people have internet access.
9. It’s Easy: If you can sell your own car, you can sell your own home…it’s that simple. Once our marketing efforts locate a buyer—lenders, lawyers and title companies take over. Use our marketing resources as your best advertising resource.
10. What is your alternative? Listing with an agent? The “gravy train” days for agents asking 6% for listings should be dead. Understand that 9.5 out of every 10 listing agents don’t sell their own listings. So why would you even think about listing for a 6% commission. No Listing Commissions-EVER!
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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