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Posts with tag 'Buy a house'

JYB Realty Blog

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Atlanta, GA | 194 Posts
Buckhead GA | 1 Posts
Buy a Home | 56 Posts
College Park | 1 Posts
Giving Back | 1 Posts
Hogansville, GA | 1 Posts
Home Safety | 1 Posts
Homeownership | 83 Posts
Newnan GA | 1 Posts
Sell a Home | 29 Posts
June
22

Buying a Home on a Busy Road - JYB Realty

When you're looking for Atlanta homes for sale, location is one of the most important aspects to look into. Buying a home on a major thoroughfare is often considered highly undesirable, but as with many things, it actually has some silver linings. The drawbacks don't have to deal breakers, but you should be a little more cautious before buying on a road that sees a lot of traffic. To help with your decision, we've highlighted the pros and cons of buying a home on a busier road.

Pros of Buying a Home on a Busier Road

  • Close to Public Transportation and Recreation
    Living on a busier road provides easy access to main recreation spots and mass transit that would typically take longer to get to when living in a quieter street. If access to local attractions, bus stations, bike paths, and train stations means a lot to you, living on a busy road could be a real advantage.

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February
17

Earnest Money - Buy a Home - JYB Realty

You've looked at many Atlanta homes for sale and finally found one that you love. You probably can't wait to get started with the purchasing process. But you have to make an offer to show to make sure the seller takes the house off the market as you work on different closing aspects. Accepting an offer is a big commitment for a seller. If the buyer backs out of the deal, the seller loses a significant amount of money and time finding another buyer. This is where sellers request earnest money. Read on to learn what earnest money is, when to offer it, and steps you can take to protect your upfront investment.

Understanding Earnest Money

Earnest money is a deposit made to a seller as a good-faith gesture that you mean business when it comes to buying the house. It's a way of you showing the seller that you're serious about closing the deal. Sellers tend to favor these deposits because it gives them peace of mind to proceed to the next steps of the transaction. Earnest money doesn't go to the seller right away. Instead, it is held in an escrow account with an escrow company until closing.

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November
11

Gated Communities - JY&B Realty

Gated communities often convey a feeling of safety and luxury, but they aren't necessarily the best choice for every homebuyer. Our real estate agents at Josey Young & Brady Realty can help you find Atlanta homes for sale in a variety of gated communities and understand whether living in a gated neighborhood is the right choice for you.

The following are some of the most important things you should consider if you're thinking about moving into a gated community:

Pros

  • Increased safety and security
    While there's no guarantee against crime, gated communities tend to be safer because access is limited.

  • More amenities and social opportunities 
    Gated communities often have pools, green spaces, clubhouses and/or recreation centers that serve as community hubs. Some also have additional perks such as golf courses or tennis courts. They're likely to host community events that help you form bonds with your neighbors and build a strong sense of community.

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October
15

Bridge Loans - JY&B Realty

Buying a home and selling a home each come with more than their fair share of challenges. But what if you're trying to do both at the same time? Our real estate agents understand that the struggle is real, and we're here to help. 

Before you sell your home or start looking for Atlanta homes for sale, we have a few tips that might take some of the stress out of the equation. One option many homebuyers turn to is a bridge loan, which essentially "bridges" the gap between buying a new home and selling your current residence. There are a lot of benefits as well as some potential drawbacks, but it's an option worth considering. 

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August
12

Buy House with Rental Space - JYB Realty

Our real estate agents at Josey Young & Brady Realty can introduce you to Atlanta homes for sale of any size and description to suit your needs. Whether you're looking for a starter home or an income property, we will help you navigate our real estate market successfully.

A rental property can be an excellent way to cultivate a reliable income stream for savings or paying the bills. Many people aim to purchase Atlanta properties where the rent they collect will provide most, if not all, of the income they need to pay their mortgage.

What about when dedicating a whole home to renting isn't feasible? Buying a home that has a basement apartment or other rental suite can be a worthwhile alternative.

However, renting out a spare room has its own challenges. Some of these are amplified by having a tenant onsite with your family. It's crucial to know exactly what you're getting into!

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