Providence Townhome – Short Sale

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Potential Short Sale!

This townhome is located in Providence, a master-planned community complete with parks, a dog park, playground, tennis courts, swimming pools, a fabulous clubhouse, which includes a billiards room, and gated.

The townhome is located right in front of one of Providence’s pocket parks, so it’s townhome living, but a park for your own enjoyment.

This home is the enhanced Bulloch floorplan which includes the extra Sitting Room in the Master Bedroom, and the Sun Room off of the Kitchen.

You’ll love the John Wieland touch. Hardwood floors on main, lots of recessed lighting, stained maple cabinetry, tile backsplash, built-in bookcases, whole-house audio system and more.

This home has so much to offer and when combined with the neighborhood communities, you’ll feel like you’re living at a resort, but have the convenience of only being a couple miles outside the Perimeter.

Eligible for the $8,000 First-time Homebuyer Tax Credit.

Contact us for more information about this home.

Charming 4-sided brick ranch

Charming 4-sided brick ranch in heart of Smyrna! Steps from Market Village shops and restaurants, Smyrna Public Library, Smyrna Community Center and the Village Green, home of many great summer events.

Home has a large eat-in Kitchen with new stained maple cabinets, granite countertops and stainless steel undermount sink.

You’ll love the large Family Room addition with fireplace, the large patio and private backyard along with workshop. This home is eligible for $8K+$1,800 Homebuyer tax credits!

Contact us for more information about this home.

Lots of Upgrades and Priced below Market!

Potential Short Sale! Wonderful brick traditional home in highly sought after swim/tennis neighborhood in Smyrna Vinings.

The home has been freshly painted inside and out, includes new hardwoods throughout the main floor, new Berber carpet, new tile in the Master Bathroom, new granite countertops and tile backsplash in the Kitchen.

The home features a large open floorplan with separate Living Room, Dining Room, Great Room, Office and large Kitchen on the main floor.

Not only will you appreciate the recent updates, but also the extensive millwork, the amazing number of windows and don’t forget about the price.

This home is priced to sell quickly at $30,000 less than comparable homes in the neighborhood!!!

Contact us for more information about this home.

Certified Distressed Property Expert

Keller Williams Agent and founder of H2 Realty, Aaron Hofmann has earned the prestigious Certified Distressed Property Expert (CDPE) designation, upon completing extensive training in foreclosure avoidance and short sales.  With the current state of the economy and the number of “distressed” homes in the foreclosure process, this is an invaluable designation.

Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures.

In the Atlanta area, many homes are in danger of foreclosing. It is happening in all price ranges. Local experts say that even high-priced homes are not immune. Statistics from 1st quarter 2009 show that 1 out of every 2 homes sold in the Atlanta area was a distressed home.

“This CDPE designation has been invaluable as I work with sellers and lenders on complicated short sales,” said Hofmann. “It is so rewarding to be able to help sellers save their homes from foreclosure.”

“To help educate the consumers, our team has developed an informational site called ShortSalesCentral.com. The site provides a lot of valuable information for both distressed homeowners as well as buyers looking to purchase a home,” according to Mr. Hofmann.

Alex Charfen, founder of the Distressed Property Institute in Boca Raton, Fla., said that Realtors® such as Aaron Hofmann with the CDPE designation have valuable training in short sales that can offer the homeowner much better alternatives to foreclosure, which virtually destroys the credit rating. These experts also may better understand market conditions and can help sellers through the emotional experience, he said.

If you are behind in your mortgage payments or contemplating not making your payments, contact Aaron Hofmann and his team to understand your options and identify the solutions that are best for your situation.

Smyrna Vinings Home Market Update – April

Smyrna Vinings Home Market Update

It’s time for the latest Smyrna Vinings home market update. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.

Now that we’re quickly approaching the Summer real estate market in Smyrna Vinings, we typically see an increase in inventories as well as an increase in sales. The interesting thing to look for will be whether sales will outpace inventory increases as many sellers are content to stay put rather than try to sell in a tough market.

This past month in the Smyrna Vinings home market we had an increase in the number of active listings compared to last month and a small decrease in months of inventory to 13.66 months. We have 651 active homes in Smyrna Vinings compared to 631 in March.

Inventory is heavily weighted by new construction as well as the steady flow of foreclosures and short sales hitting the market. We’re continuing to see prices come down as a result.

New construction in this price point include Walker Street Manor, Morris Commons, Sherwood Park, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Cottages at Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a 3% decrease in condo listings last month, there was a 1% decrease this month. The Smyrna Vinings condo and townhome market, decreased by 3 units over last month, with a total of 330 units now on the market compared to 330 in March. Months of inventory have decreased to 14.78 months, which still has a way to go to get back to a healthy market.

Economic news has improved interest rates dramatically. Downward movement of rates signal a great buying opportunity.

If you’ve thought about selling your home, be sure to contact us. While the statistics aren’t great, homes are still getting sold. However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesitate to contact us.

Click here if you’re ready to begin your Atlanta home search.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the third largest real estate company in North America (according to REAL Trends). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross.

All tools and resources can be accessed at www.H2realty.com.