Posts

Showing posts with the label real estate

Going From Suburbia to Intown Living

Over the past few months, there have been several articles posted on the internet about how large groups of people are moving from the suburbs into the city. The trend of homeowners leaving the surburbs for a more urban lifestyle, has caused home prices in some urban neighborhoods to sky rocket. This has been particularly the case in Atlanta, Georgia. For many years the suburban areas of Atlanta experienced a lot of residential growth. This included suburban communities such as Roswell, Peachtree City, Duluth and Roswell. However in more recent years many suburban residents began complaining about their long daily commutes. Although there are some residents fortunate enough to work near their homes, the majority work in the midtown and downtown areas. For them a typical morning commute can take two hours or more. This long daily grind finally started taking a toll on their bodies and cars. So in order to cut down on their commute, many sold their homes in the suburbs and moved into the...

Women & Real Estate

The number of women entering the real estate market as investors has increased significantly over the past few years. This has included more women purchasing distressed properties and bidding on foreclosure sales. Many women across the country today are discovering that investing in real estate is a good way to generate additional income. Some have been purchasing distressed properties for pennies on the dollar, then fixing them up and selling them for a profit. Then there are women who are purchasing discounted properties and becoming landlords. Some of these women however are finding out that being a landlord is not easy. Some of the challenges they face include trying to find good tenants and paying for costly repairs. In addition to investing in residential real estate, many women today are also investing in commercial properties. This includes office buildings, manufacturing plants and vacant warehouses. The women who were able to purchase office buildings during 2009 and 2010 whe...

Issues That Plague Foreclosed Properties

No one will argue that you can find some good price deals on foreclosed homes. However some have sat so long on the market that they need major repairs. At the height of the housing decline in 2009, there were some homes that have sat on the market for more than two years. As a result of sitting unoccupied for so long, some had major issues like cracked ceilings and mold. Every week thousands of people stand on the courthouse steps of their local county to bid on a foreclosed property. In most cases people are purchasing these properties sight unseen. Prior to the economic decline that began back in late 2007, most foreclosed homes were in pretty good condition because they only sat on the market for a few weeks. Fast forward to today and you have foreclosed properties that are in really bad condition because it is taking years for banks to sell them. One issue that many foreclosed homes have today, is mold building up in the basement and attic. This has especially been the case with f...

A Look at �Bike Friendly� Cities

In an effort to attract more young families and young professionals, some cities like Portland and Atlanta are adding more bike lanes near parks and communities. For many years, the city of Portland has been well known for being a very bike friendly place. This includes having dedicated bike lanes in major residential areas. Despite already being considered a very �bike friendly� city, Portland is continuing to add even more bike lanes and bike paths for local area residents. This may be hard for some to believe, but having bike friendly streets is one of the reasons many people relocate from across the country to Portland. In some ways the city of Atlanta is playing catch-up when it comes to adding bike lanes and being a first class bike friendly city. Because Atlanta has become such a popular relocation destination for single individuals (who often like to ride bikes to work), the city has been busy building new bike lanes throughout several in-town neighborhoods. This includes new b...

How to Survey a Property?

Although it is possible to survey a property yourself, it is best to hire a professional. The reason it is best to hire a professional is because they will know exactly what to look for. In addition, having professional survey results may end up saving you money in the future. If you attempt to survey a property yourself, you run the risk of not accurately identifying the legal boundaries because you don't how to determine where the lines start. Because of this, while you are trying to conduct the survey you may potentially end up walking on another person's property. In most instances people will not like anyone walking on their property without their permission. This is another reason why you should hire a professional. The way a professional surveyor will start surveying a property, is by first determining the legal boundary lines. He or she will be able to get some of this information from the local county office. Next the surveyor will survey the land to look...

What to Look for in a Property Survey?

When conducting a property survey the most important thing to look for are the legal property boundary lines. For many years people living in single family communities across the country have disputed the boundary lines of their property. In some cases these disputes became so serious that they had to be resolved in court. If you are thinking about buying a property, one of the first things you need to do is to purchase a survey report of the property so you can determine the legal boundary lines. By doing this you will know exactly how much property and acreage you truly have. This information will also be helpful when it comes to negotiating a price with the seller. Knowing where legal boundary lines are may not seem like a big deal before you purchase a home, but knowing where boundary lines lie can potentially become very important down the road. For example, after you purchase the property and move into your home, you may want to plant a large garden or a tree in the ...