Bob Strader on April 8th, 2014

In the state of Georgia, surveys are not required when purchasing a property. Most home buyers do not opt to have a survey done, in some cases due to cost and more often than not, because the buyer is purchasing in a planned community. The buyer might assume that because the builder probably had surveyed everything when building out the community, there isn’t likely to be any boundary line issues.

More often, surveys are done on larger parcels of land. This may be done by the seller in advance of putting the property up for sale, or by the buyer while under contract. When purchasing raw land or large acre tracts a survey is critical as property lines changes within families and easements often occur and may have been done many years ago.

On more than one occasion we have seen fences and driveways over property lines in a planned community. Additionally, you may want to put a fence up after you move in and a fence company will ask you for a survey in order to stay on or within the boundary lines of the property

Finally, a title insurance policy on your new home won’t cover you on a boundary line problem without a survey. In fact, you won’t be covered on any boundary line problems that ARE discovered with a survey. But the survey may identify the issue so a boundary line agreement or some resolution to that issue may occur.

More often than not the survey will reflect exactly what you think you’re purchasing, but better to pay for a survey for piece of mind than have a dispute or disagreement with your new neighbor later.

If you aren’t sure about the home buying process - we’re here to help. Contact Us and we’ll go to work for you.

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Bob Strader on April 5th, 2014

On the 5th of each month I post a “Chart Of The Month” on local or national real estate.

This is a chart from CoreLogic showing new home sales trends nationally. The dark line reflects median price, the bright line shows sales volume. The question: are new home builders getting out in front of themselves with development or will buyer demand increase? We may be seeing big incentives from builders if they aren’t careful.

{click on chart to enlarge}

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Bob Strader on April 3rd, 2014

It won’t come as a surprise to you that the lake market is a different market than the rest of the county. Housing inventory is, and has been, very low for some time now. That isn’t the case on Lake Lanier. The lake is a little more sensitive to seasonality than the rest of the market. Also, geographically, the lake is a much smaller part of the housing market, so it should be looked at differently.

For home sales specifically on Lanier the absorption rate (the rate at which the market will consume current inventory) is four times higher than the rest of the county. Currently, at the time of this article, there are 108 homes for sale in Forsyth County with a boat dock on Lake Lanier. Over the past 12 months there have been 101 sales of similar homes which equates to 12.8 months of lake inventory compared to 3.4 months of inventory for non-lake homes throughout the rest of Forsyth county.

Find Your Lake Lanier Home Here

Currently only 7% of lake inventory is listed under $300,000 but nearly 17% of all sales fall into that price range. At the opposite end of the spectrum, 30% of listed inventory is priced over $700,000 but only 10% of sales fall into that price range. So there is still significant downward pressure on luxury lake home sales while buyers are - as usual - snapping up bargains at the lower end.

The main reasons affecting lake sales are the very slow recovery of the second home market and buyers fear that the low water issues during the drought in 2007/2008 will occur again. Water depth at the dock is paramount.

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Bob Strader on March 31st, 2014

-15%

The year-over-year decrease in REO sales nationally. Another sign of market recovery.

On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.

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Bob Strader on March 31st, 2014

Welcome to our blog, we’re glad you’re here. If you’re new to liveincumming.com, sign-up for our e-Newsletter to get our posts delivered to your inbox monthly. Or, subscribe to the RSS feed in your browser.

This home is in a fantastic location in South Forsyth, located just minuets from HWY 400, Winward Pkwy, McFarland Pkwy and Johns Creek. The community - Park Chase- has a dedicated trail to Sharon Springs Park which makes for easy walks with the kids or the dog.

Stepping into this beautiful brick front, 4 bed / 2.5 bath home you’ll find a great floor-plan with open and bright space. The kitchen is big with plenty of cabinets and counter top space and it’s completely open to the 2-story family room. Also on the main levels is an office, large dining room and the master suite. There are hardwoods in foyer and breakfast area and a private deck overlooking a wooded back yard. The basement is unfinished but has high ceilings, windows and is stubbed for a bath. - this is a great home in a fantastic school district.

The Details:

  • Offered at $324,900
  • Brick Front
  • Big Kitchen
  • 4 bedrooms, 2.5 baths
  • Cozy fireplace in 2-Story Family Room
  • Open Floorplan
  • Deck overlooking private back yard
  • Lot backs to wooded privacy
  • Park Access

If you would like to see this home, Contact Us right away.

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Bob Strader on March 17th, 2014

This week we’ll see the first day of spring and I’m sure I speak for most of my readers when I say hallelujah! After the cold, wet and frozen start to our year I think we’re all ready for the warm weather.

When things begin to warm up my first thoughts are about spending more time outside. Whether it’s on the deck, in the garden or the back yard. I like to bring the indoors outside. Outdoor spaces are important to home buyers and something a seller can highlight for great results when selling a home. Here are four outdoor ideas both buyers and sellers will love:

Define Your Spaces

If you have a large deck or patio space, create a dining space that is separate from a casual seating area. Planters can make a great border and bring the garden up on the deck. Lattice can further define space and offer privacy if neighbors are close by. Seating areas along paths are a great way to make a quiet place totalk, read or just relax.

If You Cook It They Will Come

Outdoor kitchens can be a beautiful addition but can also be expensive. Most of us have a grill (or more than one). Don’t simply stick them in the corner. Think about the traffic pattern from the kitchen and to your outdoor dining area. Add a side table or stand and you’ll have a great outdoor cooking area for far less than a kitchen and it will look better than an old grill in the corner.

Made In The Shade

We all know how hot the summers can get, a pergola or arbor offers screening from the sun and is perfect for hanging plants, speakers or even a fan if you can get electrical to the location.

Accessories Round It Out

Consider lighting; from candles to a string of lights on your pergola. Nobody wants a floodlight shining on them. A fire pit, water feature, garden plaques or wrought iron pieces help complete that indoor / outdoor feeling.

Buyers are looking for a lifestyle when purchasing a home. If you can create a space outside that is inviting, relaxing and let’s a home buyer imagine themselves living there you’ll sell faster and for more money.

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Bob Strader on March 7th, 2014

mags-the-wonder-dogWe do it all the time.  We find our clients the perfect home, with the features they want in the best neighborhoods, but every once-in-a-while we get to help them grow their family…..hold on now! What we mean is that we get to complete their home buying experience with helping them find their new best friend!

Karen Sannes, buyer specialist with The NORTH Group (and Realtor to the furry),  just happens to be a volunteer with the Humane Society of Forsyth County and had the good fortune of helping our clients complete their home buying experience with the addition of a new puppy!

The homebuyers closed on the purchase of their new home on a Friday and the next afternoon, before the movers had arrived or the boxes were unpacked, the family headed to the Petco in Cumming. Petco is a location where the Humane Society of Forsyth County holds weekly adoption events every Saturday. And that is where our clients fell in love with their new puppy, Mags!

There are thousands of animals euthanized everyday and it is so wonderful to see an adoption take place, but even more wonderful when you get to know a family, help them find a house and then help them find their forever furry friend.

We can help you find a new home. We can even help you find a wonderful pet. Of course, we would love to hook you up with both!

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Bob Strader on March 5th, 2014

On the 5th of each month I post a “Chart Of The Month” on local or national real estate.

Looking at Lake Home sales on Lake Lanier over the past seven years, for Forysth County, we can see the long slow trend of increasing unit sales from the bottom in Q4-2008 to today, but average sales prices have remained fairly flat.

This indicates that only homes priced well are selling and will continue to be the case moving forward.

{click on chart to enlarge}

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Welcome to our blog, we’re glad you’re here. If you’re new to liveincumming.com, sign-up for our e-Newsletter to get our posts delivered to your inbox monthly.

No, the title of this post isn’t a dare, so don’t get any crazy ideas!

The 4th annual Suwanee Beerfest takes place March 15th and promises to be one of the best beer functions Metro Atlanta has to offer. You will be able to sample offerings of more than 250 different breweries this year.

General admission is $35 and VIP tickets are $85, if they aren’t sold out already. The festival takes place in Suwanee Town Center Park, from 1-5pm for General Admission and 12-5pm for VIP.

General Admission tickets include: unlimited tastings of over 250 craft beers, a commemorative tasting glass, samples of not-yet-released and seasonal brews, local food and vendor items for purchase and live entertainment throughout the event.

VIP tickets are limited and include: everything that General Admission ticket holders receive, plus exclusive high-end casks set-up in the tent, catered food, private entertainment, a commemorative t-shirt and goody bag.

A portion of all proceeds from the event will go to Kingdom Kids, a Suwanee nonprofit granting wishes for children with life-threatening illnesses.

So whether it’s a Smuttynose, Ass Kicker or something from one of my favorites - Reformation Brewery - there will be plenty of fantastic craft beer for all.

Purchase Tickets Here

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Bob Strader on February 28th, 2014

77

The number of homes available in Forsyth County, at the time of this post, located in a GATED COMMUNITY. The homes range in price from $197,000 to $3M, offering a wide range of home styles and prices for GATED COMMUNITY living in Forsyth County.

On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.

Welcome to our blog, we’re glad you’re here. If you’re new to liveincumming.com, sign-up for our e-Newsletter to get our posts delivered to your inbox monthly.