Russell Landrum Acting Manager for Buy Atlanta, LLC
Direct Line 404-557-5033 Office 770-506-1280
Recipient of Metro South Association Board of Realtors Active Life Time Member "Circle of Excellence" Multi-Million Dollar Club,Commercial Multi-Million Dollar Council,GABB Million Dollar Club,Summitt/Century Club(Ranked top 100 out of 2200 Realtors in (05,06,07,08),Elegant Homes Specialist
Direct Line 404-557-5033 Office 770-506-1280
Recipient of Metro South Association Board of Realtors Active Life Time Member "Circle of Excellence" Multi-Million Dollar Club,Commercial Multi-Million Dollar Council,GABB Million Dollar Club,Summitt/Century Club(Ranked top 100 out of 2200 Realtors in (05,06,07,08),Elegant Homes Specialist
"Discover the Difference - Uncompromised Customer Service"
Skilled Advisor* Excellent Negotiator*Proficient Facilitor
All of our Team Members are Experienced Realtors!
Skilled Advisor* Excellent Negotiator*Proficient Facilitor
All of our Team Members are Experienced Realtors!
COMMERCIAL REAL ESTATE* BUSINESS BROKERAGE * RESIDENDTIAL REAL ESTATE
The BUY ATLANTA, LLC Team is honored for being known for Providing a Superior Level of Informed, Professional Real Estate Services to Buyers,Sellers, Tenants and Landlords in the Greater Atlanta Area in the Residential, New Homes, Re-Sales, New Home Communities, Commercial & Business Brokerage. We accomplish this by mandating that all of the members of the Buy Atlanta, LLC Real Estate Team be required to have a certain amount of years of experience in the industry prior to being allowed to come on board. We do not follow in the foot steps of many Brokerages & Teams to play the numbers game which allow "Rookie" agents just coming out of school to handle your Real Estate Portfolio. We highly suggest that one ask and request proof from the agents he/she is interviewing how many transactions and experience they have in the field prior to signing on.
HOME BUYER TAX CREDIT EXTENDED UPDATE!
As the deadline for the First-Time Homebuyer Tax Credit crept closer, it became a clear priority on the Hill. An extended and expanded home buyer tax credit is a part of a larger bill that also extends unemployment benefits. This bill was signed by President Obama on Friday, November 6.
The bill essentially remains intact but has a handful of important changes:
Previous Provisions
New Provisions
Effective Date January 1, 2009 November 7, 2009
Deadline Close before December 1, 2009
* Contract signed before May 1, 2010, must close before July 1, 2010
* Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.
Amount
* First-Timers: maximum of $8,000 or 10% of sales price
* Prior Owners: $0
* First-Timers: Unchanged
* Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years
Income Limit
* Individual: $75,000
* Couple: $150,000
* Individual: $125,000
* Couple: $225,000
Other Restrictions Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full $8,000.
* Buyer must be at least 18 years old and not classified as a dependent for tax purposes
* Home must cost less than $800,000
* Home must be primary residence for at least 3 years. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.
How to claim If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return
Earlier this year, a research conducted a study of first time-buyers and here’s a few of the findings:
1. The median age was 28, significantly down from where it was four years ago at 32.
2. Location or Neighborhood was the No. 1 “must-have” for 36% of buyers.
3. 25% saw 5 or less homes before writing an offer, the average buyer saw 10 homes.
4. 2 out of 5 first-time buyers purchased a distressed property.
5. 2 out of 3 sellers paid at least part of the buyer’s closing costs.
6. 1 in 4 had help from their family for the down payment.
If you’re interested in learning more about the new tax credit or about homes in your area, speak with one of out agents or simply give me a call soon.
The opinions expressed are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on this article as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Buy Atlanta,LLC,Russell Landrum, Steve Redding & Associates, Landnet,LLC does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Buy Atlanta, LLC, Steve Redding & Associates, Landnet,LLC , will not be liable for any loss or damage caused by your reliance on information contained in this article or This Month in Real Estate.
SELLERS!
If you're planning to sell your property in the next few months, this FREE service is designed to help establish your property's current market value. Simply choose Market Analysis and fill out the requested information. I will use comparable sold listings to help you calculate the fair market value of your property. This is only a guesstimate - for a more accurate analysis, I will need to preview your property to more conclusively reflect your property's true values, please feel free give me a call at 404-557-5033.
If you are selling Land and or Commercial Properties, this requires a variety of different sources to obtain the needed information to calculate the possible selling price. Please call me at 404-557-5033 so that I can set up an appointment to service your needs.
BUYERS!
Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the properties that match your criteria and notify you immediately with the latest listing information! Simply choose Dream Home Finder and fill in the requested information. Or, search for yourself at Search For Homes.
Certifications and Recognitions
ABR - Accredited Buyers Representative, Metro Broker GMAC Academy Extended and Continuing Education of:
Certified Business Brokerage, Certified Commercial Brokerage, New Homes University (Marketing Subdivisions - New Home Sales), MBNA, PHD Graduate, Elegant Homes Specialist Training, Commercial Sales & Service,Metro South Association of Realtor' Code of Ethics Training in Association with the Georgia Board of Realtor, as well as training in various Keller Williams post licensee training.
Specialization
Buy Atlanta, LLC has three separate Departments: We work Frugal and Ethically to represent Buyers & Sellers in the following Venues:
1) RESIDENTIAL REAL ESTATE: From Starter Homes to Condos to Elegant Homes. Individual and Corporate Relocation. Premier Service is Un-compromised in the Process of Representing Buyers or Sellers.
2) COMMERCIAL REAL ESTATE - Retail, Office, Medical, Professional, Industrial, Warehouse, Land, New Construction, Resale.
3) BUSINESS BROKERAGE -Merge / Acquisition, Downsizing, Selling & Buyer Brokerage Services of Businesses.
I have been a member in the following Professional Associations:
* Metro South Association of Realtors - Life Time Member of the Multi-Million Dollar Club "Circle of Excellence" in both categories of Commercial & Residential
* ACBR - Atlanta Commercial Board of Realtors
* FMLS - First Multi-Listing Service is a listing service which targets the upper corridor of I-20 North in the Residential Real Estate markets. This is great for Home Buyers on the north-side of Atlanta searching for homes to relocate to the south side of Atlanta and vise versa.
* GAMLS - Georgia Multi-Listing Service is a listing service which targets the upper corridor of Macon to Atlanta in the Residential Real Estate markets.
* COSTAR - An informative Commercial Realty Information Source
* Loopnet - An informative Commercial Realty Information Source
* GABB - Georgia Association of Business Brokers
* NAR - National Association of Realtor
* GAR - Georgia Association of Realtor
* CABA - Board of Director for "Conley Area Business Association"
Personal
I'm a Stockbridge native, been born in Atlanta and raised in the local area since I was 10 years old. So if you would like to know something, ask away! My youth was filled with extra-curricular activities and organization centered around school, church and athletics. I attended Clayton State University as well as the University of Georgia and studied Agriculture Engineering more specific AMT and Business Management.
I was also a CEO of a major corporation with over 200 dealers in and around the USA and several in Canada with sales extending to Europe. Current hobbies of mine include spending time with the family, who all enjoy boating, fishing, skiing, traveling, participating in soccer leagues and volunteering with various youth programs and organizations.
The BUY ATLANTA, LLC Team is honored for being known for Providing a Superior Level of Informed, Professional Real Estate Services to Buyers,Sellers, Tenants and Landlords in the Greater Atlanta Area in the Residential, New Homes, Re-Sales, New Home Communities, Commercial & Business Brokerage. We accomplish this by mandating that all of the members of the Buy Atlanta, LLC Real Estate Team be required to have a certain amount of years of experience in the industry prior to being allowed to come on board. We do not follow in the foot steps of many Brokerages & Teams to play the numbers game which allow "Rookie" agents just coming out of school to handle your Real Estate Portfolio. We highly suggest that one ask and request proof from the agents he/she is interviewing how many transactions and experience they have in the field prior to signing on.
HOME BUYER TAX CREDIT EXTENDED UPDATE!
As the deadline for the First-Time Homebuyer Tax Credit crept closer, it became a clear priority on the Hill. An extended and expanded home buyer tax credit is a part of a larger bill that also extends unemployment benefits. This bill was signed by President Obama on Friday, November 6.
The bill essentially remains intact but has a handful of important changes:
Previous Provisions
New Provisions
Effective Date January 1, 2009 November 7, 2009
Deadline Close before December 1, 2009
* Contract signed before May 1, 2010, must close before July 1, 2010
* Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.
Amount
* First-Timers: maximum of $8,000 or 10% of sales price
* Prior Owners: $0
* First-Timers: Unchanged
* Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years
Income Limit
* Individual: $75,000
* Couple: $150,000
* Individual: $125,000
* Couple: $225,000
Other Restrictions Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full $8,000.
* Buyer must be at least 18 years old and not classified as a dependent for tax purposes
* Home must cost less than $800,000
* Home must be primary residence for at least 3 years. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.
How to claim If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return
Earlier this year, a research conducted a study of first time-buyers and here’s a few of the findings:
1. The median age was 28, significantly down from where it was four years ago at 32.
2. Location or Neighborhood was the No. 1 “must-have” for 36% of buyers.
3. 25% saw 5 or less homes before writing an offer, the average buyer saw 10 homes.
4. 2 out of 5 first-time buyers purchased a distressed property.
5. 2 out of 3 sellers paid at least part of the buyer’s closing costs.
6. 1 in 4 had help from their family for the down payment.
If you’re interested in learning more about the new tax credit or about homes in your area, speak with one of out agents or simply give me a call soon.
The opinions expressed are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on this article as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Buy Atlanta,LLC,Russell Landrum, Steve Redding & Associates, Landnet,LLC does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Buy Atlanta, LLC, Steve Redding & Associates, Landnet,LLC , will not be liable for any loss or damage caused by your reliance on information contained in this article or This Month in Real Estate.
SELLERS!
If you're planning to sell your property in the next few months, this FREE service is designed to help establish your property's current market value. Simply choose Market Analysis and fill out the requested information. I will use comparable sold listings to help you calculate the fair market value of your property. This is only a guesstimate - for a more accurate analysis, I will need to preview your property to more conclusively reflect your property's true values, please feel free give me a call at 404-557-5033.
If you are selling Land and or Commercial Properties, this requires a variety of different sources to obtain the needed information to calculate the possible selling price. Please call me at 404-557-5033 so that I can set up an appointment to service your needs.
BUYERS!
Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the properties that match your criteria and notify you immediately with the latest listing information! Simply choose Dream Home Finder and fill in the requested information. Or, search for yourself at Search For Homes.
Certifications and Recognitions
ABR - Accredited Buyers Representative, Metro Broker GMAC Academy Extended and Continuing Education of:
Certified Business Brokerage, Certified Commercial Brokerage, New Homes University (Marketing Subdivisions - New Home Sales), MBNA, PHD Graduate, Elegant Homes Specialist Training, Commercial Sales & Service,Metro South Association of Realtor' Code of Ethics Training in Association with the Georgia Board of Realtor, as well as training in various Keller Williams post licensee training.
Specialization
Buy Atlanta, LLC has three separate Departments: We work Frugal and Ethically to represent Buyers & Sellers in the following Venues:
1) RESIDENTIAL REAL ESTATE: From Starter Homes to Condos to Elegant Homes. Individual and Corporate Relocation. Premier Service is Un-compromised in the Process of Representing Buyers or Sellers.
2) COMMERCIAL REAL ESTATE - Retail, Office, Medical, Professional, Industrial, Warehouse, Land, New Construction, Resale.
3) BUSINESS BROKERAGE -Merge / Acquisition, Downsizing, Selling & Buyer Brokerage Services of Businesses.
I have been a member in the following Professional Associations:
* Metro South Association of Realtors - Life Time Member of the Multi-Million Dollar Club "Circle of Excellence" in both categories of Commercial & Residential
* ACBR - Atlanta Commercial Board of Realtors
* FMLS - First Multi-Listing Service is a listing service which targets the upper corridor of I-20 North in the Residential Real Estate markets. This is great for Home Buyers on the north-side of Atlanta searching for homes to relocate to the south side of Atlanta and vise versa.
* GAMLS - Georgia Multi-Listing Service is a listing service which targets the upper corridor of Macon to Atlanta in the Residential Real Estate markets.
* COSTAR - An informative Commercial Realty Information Source
* Loopnet - An informative Commercial Realty Information Source
* GABB - Georgia Association of Business Brokers
* NAR - National Association of Realtor
* GAR - Georgia Association of Realtor
* CABA - Board of Director for "Conley Area Business Association"
Personal
I'm a Stockbridge native, been born in Atlanta and raised in the local area since I was 10 years old. So if you would like to know something, ask away! My youth was filled with extra-curricular activities and organization centered around school, church and athletics. I attended Clayton State University as well as the University of Georgia and studied Agriculture Engineering more specific AMT and Business Management.
I was also a CEO of a major corporation with over 200 dealers in and around the USA and several in Canada with sales extending to Europe. Current hobbies of mine include spending time with the family, who all enjoy boating, fishing, skiing, traveling, participating in soccer leagues and volunteering with various youth programs and organizations.
* This weeks featured slide show is from our Commercial Division and Land Sales *
Using the Latest in Technology to Market your Property as well as Locating Your New Property
Using the Latest in Technology to Market your Property as well as Locating Your New Property
Russell Landrum acting manager
of Buy Atlanta,LLC of
Steve Redding & Associates,LLC
of Buy Atlanta,LLC of
Steve Redding & Associates,LLC
1305 Pennsylvania Ave.
McDonough, Ga. 30253
(770)506-1280 Office
(404)557-5033 Direct
Email: BuyAtlantaLLC.Landrum@Hotmail.com
McDonough, Ga. 30253
(770)506-1280 Office
(404)557-5033 Direct
Email: BuyAtlantaLLC.Landrum@Hotmail.com
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