Atlanta Intown Lofts

I got a call from Angela this morning who is selling “the best loft in Atlanta”- which happens to be in Castleberry Hill.  I love the fact that they bought a domain name for this property.   I think I have been in this loft before and now it is a possible short sale and pretty darn inexpensive for what it has to offer (listed now at 318K and it was at 385K)

The Castleberry Hill Art Stroll is tonight and there is an open house at this loft - so go by and enjoy the views it has to offer from the private outdoor deck!  I’ll be sure to show up if it is not raining cats and dogs.

Happy Memorial Day!

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The Cosmopolitan Condominiums will be auctioning off 40 of their “urban upscale condos” on May 17th at the Westin Buckhead.  From now until May 16th, you can preview the condos daily and there is a “practice auction” on May 16th - which is helpful if you have never been to an auction before.

The starting price for a 1 bedroom 1.5 bathroom condo is 105K - compared to the last asking price of $237,500.  You can get a 2 bedroom for 140K (compared to 301K it was listed at) and the 3 bedroom / 3 bathroom home will start at 250K. Not bad considering they were offered at $486,500.

I wrote about these a while back and if you want to live close to Marta, close to Buckhead, and close to all highways, you should check it out.  Seriously, it is in a prime location and at this point, they have some serious deals going on.  They have also been FHA approved and one of my good friends, Jared Tawzer of Sharpe Mortgage, is helping with the loans.

If you want more information, please let me know.

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So, along with Viewpoint, the “newer” Aqua Midtown has condos up for auction.  Aqua has not had good press lately as one resident was killed in her condo after she let a man posing as a potential buyer come in.  NEVER DO THIS PEOPLE.  Always have the concierge come with you if you are doing something like this.

Anyway, it was horrid, extremely unfortunate for this development, and obviously terribly sad.  But please do not think that Aqua does not have adequate security.   Crime like this has risen everywhere in the city, I don’t care what our leaders say.

Aqua Midtown is auctioning off 20 of their sleek condos - from 1 bedroom /1 bathrooms to 2 bedroom / 2 bathrooms with a den.  They are slashing prices over 60% in some cases - like the 2 bedrooms with a den starting from 299K instead of 769K. W-O-W.  The information is on line now, and if you need anything else, let me know.  It is a great building and right in the center of everything.

The auction takes place on May 16th at the W-Midtown.

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It may not be a shock to anyone that Viewpoint has decided to sell a “select” few one bedroom residences for under 190K.  The 19 homes they are selling for under 190K are available from now until May 31, 2009…unless of course they don’t sell them all…I would think they would continue this promotion.  But I could be wrong!

I have written about Viewpoint before and think that it is a great Midtown high rise with fabulous amenities.  Let me know if you need any more information about this deal.

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Seriously folks, if you have thought about buying but have been scared off by everything that is going on with the banking situation (I could get into details here but I will keep this pretty simple)  then now is the time to go for it.  The federal government is stepping in (whether people like it or not) and has put together a 2009 Federal Homebuyer Tax Credit incentive.   Please go to the link and read all about it - it is really great.    There are a lot of facts in this link and the tax credit is only for first time home buyers, but if you are a first time home buyer, you must look into it!

If you are looking to refinance and are worried you may get upside down in payments, you may want to take a look at the Home Affordable Refinance Plan.

It is indeed a wonderful time to secure your own home.  Please email or call me if you have any questions about these two major initiatives.

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Just a quick update in case you have not been paying attention to all the banking news out there. Interest rates are dropping (and I suspect will continue to drop - perhaps surpassing the lowest rates in history after WWII. )

Take a quick read here and let me know if you have any questions or need help finding a local loan officer.

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So, the newest condominium to start auctioning off  “select” residences is the Horizon at Windy Ridge Parkway.  If you want to live close to town, but not really in the city…then these are some pretty good bets.   They are going as low as 60% less than previously priced.

They bill themselves as city living outside the city with contemporary features such as floor to ceiling windows, 10-12 foot ceilings, granite counters, a huge pool, and 24 hour concierge.  They are also “a stroll away” from the Chattahoochee River.

Forty condos will be sold in this auction on March 29th and the W Atlanta Perimeter.  and the lowest price is $95,000 for a one bedroom.  You have to register to attend the auction and all this is found online.  There is good info on their website, so if you are interested, check it out.

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This sweet one was captured by Dekalb Animal Control in a trap in Edgewood.  I have been working with a lot of feral dogs for a while now in this area.  Anyway, she obviously did not get put down at Animal Control because I rescued her from certain death.  She is a very sweet golden mix mutt who until about 10 days ago had never hung out with humans.

Anyway, she is wonderful.  Full of life, loves my other dogs, loves my cats even though one attacked the crap out of her, and is doing great.  She seems to get along with everyone and everything and just needs a good mom / dad.  She also is doing well being crate trained, and loved laps.  I think she will be around 50/60 pounds!

She has been fixed, has had her first shots, and is ready to go! Let me know if you are interested.

Tell me where I am geographically located (not in Metro-Atl by the way) and you win a $10.00 certificate to the newest and best new Mexican in the city - The Bone Garden Cantina.

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After meeting with Jon, who lives in the first phase of The Stacks, I decided to go see how they were fairing after the tornado ripped through this area of in-town Atlanta a long while back.  Located in Cabbagetown, in the old cotton mill complex, The Stacks represent old meets new in every sense of the phrase.

A little history lesson here would be good.  So, back in the 1880’s a European immigrant named Jacob Elsas created a huge textile area in what is now called Cabbagetown.  The Fulton Mill itself was used for bagging cotton.  No one lived in the mill at that point, but the workers lived in the surrounding 8 block area - Cabbagetown.  And, the interesting part of this story is that these residents were brought from the Appalachia Mountains…by train.  So, for many many many years, Cabbagetown was a complete town of its own with families who were descendants of these mill workers.  In fact, a few descendants still live in Cabbagetown and the oral history you get from these individuals is amazing.  (I could go on and on here about this history, but I will let you email me if you are truly that interested.)

Moving on to The Stacks.  Phase One was completed in 2006 and Phase Two was almost completed when the tornado hit that long March ago - and consists of two buildings and 134 lofts.  Finally, they are back and I must say, the lofts are extremely cool. (I hate that word, but will use it here because I hate the word “awesome” more.)    Phase One is completely sold out - but there are some great re-sales and the majority of Phase One is one bedroom/one bathroom lofts.  Phase Two consists of 80% 2bedroom/2bathroom lofts that start at 250K and go up to 400K.  I went into one (around 1900 sq ft) - that was gorgeously decorated - and is listed at 302K.   The ceilings are 25 feet high and combine large pieces of wood, with old beams, and brick.  The 12 ft windows are amazing and it felt just really good.  Instead of granite, there is quartz in the bathroom and kitchen counters, and the tile along the bathtubs and back splash of kitchen matches well.

The whole complex is getting a makeover with a million dollars worth of landscaping in the Spring and there is a pool, fitness center, a skyline rooftop terrace, and weirdly enough a tanning bed…It boasts itself as a NY style loft but I am hoping it can become famous as an Atlanta loft.   And, just like the residents of long ago, you really don’t need to go anywhere if you work from home - because Cabbagetown has so many great restaurants and bars, you can just hang out in this area all the time - or walk to downtown, Inman Park..the list goes on and on.  Please let me know if you want to take a look.  It is worth it.

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