Posted on Apr 20, 2019 8:06 PM by Jay Link
There’s not a week that passes that I don’t receive a postcard or flier in my mailbox from a real estate wholesaler. As a Realtor, I spend a lot of time in my car and I hear advertisements constantly. We’ll buy your home, as is, for cash, no sign, no key box, no showings. Just pack your furniture and leave. You don’t even have to clean.
Having been in real estate for many years, I know how tempting the convenience of just taking a check and moving on is but consider the cost. Selling your house to a wholesaler means selling it for at least 20% to 30% less than market value. After all, the wholesaler’s goal is to clean it up and resell it at full market value. This means the price for convenience may be as much as $60,000. This also means that for the next few weeks or at least until the wholesaler resells the home, the value of every house in the neighborhood will go down. Appraisers look at recent sales to establish value and they don’t take into consideration that a house was purchased by a wholesaler.
Before you consider selling to a wholesaler, talk to an agent or broker who specializes in your neighborhood. Get their opinion on what your home is worth and what it would take to get it into condition to achieve maximum value. In most cases, particularly in areas like ours where the homes are fairly new, it just requires a thorough, professional cleaning and some de-cluttering. If it does require some repair most agents know contractors who will do the work and collect the bulk of their fee at closing. Make wise choices when selling your home and don’t fall victim to the equity scavengers.
Posted on Apr 7, 2019 2:00 PM by Amber Augustus
Some of our neighbors here in Stonewall Manor were featured in South Fulton Lifestyle for their efforts to build "neighborly love and closeness". It all starts with an annual progressive dinner with the group going from house to house to enjoy different dinner courses. Each neighbor incorporates a new element of culture, cuisine and creativity and if you know anything about this group of people, things can definitely get competitive along the way!
Click here to read the article in full. Great work guys!
Nikki Conyers-Williams and Jeff Williams
Sonja and Gerrald Holland
Kellye and Todd Richardson
Angela and Lawrence Williams
Danielle Anderson Um Gwet and Yannick Um Gwet
Mia and Russell Jones
Charlene and Charles Smith
Previous blog posts and topics.