Posted by: dagmarsands | August 16, 2022

Aging Population – Americans 65 and older…

According to the CDC, by 2040, 80.8 million Americans will be older than 65. At this age, downsizing can be a tremendously daunting task for elders and their families. Old age is a delicate period, and older adults require comfort and care to lead healthy lives. Deciding on the kind of care your elderly loved one needs can be complex and overwhelming for seniors and their caregivers. Researching this topic can get very intimidating fast. 

For this reason, Seniorhousingnet.com came up with a tool to help seniors and their families explore the different resources available to them. The self-assessment quiz is perfect for seniors and family members who don’t know where to start. This makes finding the best choice for them easy. It also discusses ways to achieve healthy aging and the different kinds of support for caregivers. You can view it here: https://www.seniorhousingnet.com/advice-and-planning.

Credit goes to: Lee Adams lee@seniorhousingnet.com

3D Virtual Tour: https://my.matterport.com/show/?m=bBVbqcyAqYx&mls=1

Virtual Tour: https://www.propertypanorama.com/10570-Parsons-Road-Johns-Creek-GA-30097/unbranded

FMLS 7069400

Property Details: BUILDER’s OWN HOME! EXQUISITE one of a Kind European/Contemporary/Modern Home with QUALITY that goes BEYOND what other homes have. Builder built this home with European Cabinets, Material brought from Europe (Windows, Glass, Cabinets, Shelving, Lighting Fixtures, etc.) One of a Kind Floorplan features Oversized Master on Main Level, His/Her Walk-in Closet with Beautiful Shelving, Japanese Toilets that are heated & have remote Controls, Oversized Walk-In Shower w/Marble & Unique Faucets, Tiled Floors, Mirrors that Light UP w/ a Sensor, Double Vanities, Laundry on Main & Upstairs. Second Kitchen in the Garage for European or Asian Cooking, Full Shower in the Garage, Tesla Energy Stations, Two Garage Doors w/ Openers, Garage can Park up to 4 Smaller Cars or 3 Small & 1 Large Truck. Walk Into Paradise when you see this Open Kitchen to the Great Room w/ Unique Fireplace, Pantry you will not believe, it opens from Two Sides, Every Cook will LOVE this Feature. Built-In Refrigerator with Matching Cabinetry, Huge & Unique Ceiling Fan in Great Room, Storage Galore in this Home, Storage Under the Stairway & Built-In the Walls. Home is Energy Efficient, Hot Water in 15 Seconds, Water Purifier System, Intercom System Throughout the Home, Stainless Steel & Glass Stairway, Marble Wide Stairs, Unique Lighting Fixtures, Security System, Energy Thermostats in Each Room, Every Bedroom w/ Private Bath & Huge Walk-In Closets. Outside Patio w/a Gas Grill & Outdoor Kitchen. Wraparound Balcony Leads to an OPEN Deck/Garden Area. Lighting around Entire Home at Night is very Romantic. Northview High School one of the TOP Schools in Georgia. NO HOA fees, home is very private, the area is still developing, and it is ideal for someone who wants to have privacy.  

***Agents – Prequalification Letter is a MUST in order to show this home! Showings for this listing are by appointment only.

The above information deemed to be correct subject to changes, errors, and omissions.

Please let me know if you have any questions.

3D Virtual Tour: https://my.matterport.com/show/?m=bBVbqcyAqYx&mls=1

Virtual Tour: https://www.propertypanorama.com/10570-Parsons-Road-Johns-Creek-GA-30097/unbranded

FMLS 7069400

Property Details: BUILDER’s OWN HOME! EXQUISITE one of a Kind European/Contemporary/Modern Home with QUALITY that goes BEYOND what other homes have. Builder built this home with European Cabinets, Material brought from Europe (Windows, Glass, Cabinets, Shelving, Lighting Fixtures, etc.) One of a Kind Floorplan features Oversized Master on Main Level, His/Her Walk-in Closet with Beautiful Shelving, Japanese Toilets that are heated & have remote Controls, Oversized Walk-In Shower w/Marble & Unique Faucets, Tiled Floors, Mirrors that Light UP w/ a Sensor, Double Vanities, Laundry on Main & Upstairs. Second Kitchen in the Garage for European or Asian Cooking, Full Shower in the Garage, Tesla Energy Stations, Two Garage Doors w/ Openers, Garage can Park up to 4 Smaller Cars or 3 Small & 1 Large Truck. Walk Into Paradise when you see this Open Kitchen to the Great Room w/ Unique Fireplace, Pantry you will not believe, it opens from Two Sides, Every Cook will LOVE this Feature. Built-In Refrigerator with Matching Cabinetry, Huge & Unique Ceiling Fan in Great Room, Storage Galore in this Home, Storage Under the Stairway & Built-In the Walls. Home is Energy Efficient, Hot Water in 15 Seconds, Water Purifier System, Intercom System Throughout the Home, Stainless Steel & Glass Stairway, Marble Wide Stairs, Unique Lighting Fixtures, Security System, Energy Thermostats in Each Room, Every Bedroom w/ Private Bath & Huge Walk-In Closets. Outside Patio w/a Gas Grill & Outdoor Kitchen. Wraparound Balcony Leads to an OPEN Deck/Garden Area. Lighting around Entire Home at Night is very Romantic. Northview High School one of the TOP Schools in Georgia. NO HOA fees, home is very private, the area is still developing, and it is ideal for someone who wants to have privacy.  

***Agents – Prequalification Letter is a MUST in order to show this home! Showings for this listing are by appointment only.

The above information deemed to be correct subject to changes, errors, and omissions.

Please let me know if you have any questions.

Posted by: dagmarsands | June 2, 2022

Top 40 Georgia Colleges for 2022

We want to share with you information about 40 colleges in the state of Georgia for 2022. Please see the following link detailing this information: https://www.intelligent.com/best-colleges-and-universities/georgia/

3238 Smithtown Road, Suwanee, Georgia 30024. This land is currently listed for sale at $595,000.

Virtual Tour: https://www.propertypanorama.com/3238-Smithtown-Road-Suwanee-GA-30024/unbranded

FMLS 7028445

Property Details: Beautiful Level Lot in Prime location surrounded by Multi-Million Dollar Homes, 1.2 Acre lot that has already been cleared and utilities are all available. This is located in the best location of Gwinnett County near downtown City of Suwanee, All the Amenities (shopping, grocery, dining, park) close to I-85 and near Lawrenceville Suwanee Road. Private area with a $3.3 million dollar home under construction adjacent to this lot. Agents, contact your builders who want to build a home not in a HOA community with restrictions. This is a very beautiful lot. Owner is a builder and may consider building a home for the buyer. For more details email us.

The above information deemed to be correct subject to changes, errors, and omissions.

Virtual Tour: https://www.propertypanorama.com/3240-Smithtown-Road-Suwanee-GA-30024/unbranded

FMLS 7034504

Property Details: ONE of a KIND CUSTOM BUILT EXQUISITE EUROPEAN RANCH with 5 Bedrooms, Oversized Master on Main Level, 6 Full & 1 Half Baths, 3 Laundry Rooms, Separate Living Room, Separate Dining Room, Great Room, Outdoor BBQ, Brick 4 sided Exterior, 3 Car Spacious Garage with Shower & Sink Area, 12-16 ft Ceilings, Japanese Remote Controlled Toilets, Heated Water Purifier, European Cabinets, European Windows, European Shelving, Luxury Lighting Fixtures, Oversized Walk-In Shower, Unique Faucets & Fixtures, Beautiful Custom Flooring Throughout the Home, Mirrors that Light Up w/ a Sensor, Double Vanities, Tesla Energy Stations in the 3 Car Garage with Garage Door Openers, Built-In Refrigerator in Kitchen, Wine Cooler, Microwave, Incredible & Unbelievable Oversized Closets in All Bedrooms especially Master, Beautiful Light Fixtures & Ceiling Fans Hot water in 15 seconds, Smart Intercom Design for each Room, Every Room Interconnected by Surround System, Safe in Master Bedroom, Internet Data Controls can be set for Alexa or any User via WIFI Security System, Energy Thermostats in each room, Outside Decking around Inground Gunite Swimming Pool that is 11 feet by 45 feet, Beautiful Swimming Pool that sparkles with Pool House (Second Kitchen, Bedroom, Laundry and Huge Walk-In Pantry plus Full Bath with Shower, Privacy at It’s Best on Large lot that is 1.2 acres, additional lot is available for extra $$ to get up to 2.2+ ac. Private In-Law Suite, This builder takes pride in this project and it is all about quality with him. It is built with commercial grade construction materials and will have minimal maintenance for years to come. Aluminum Fencing w/Gated Entry. We are still “Under Construction” but here is the kitchen design, floorplan & bathroom design. NO HOA, Excellent Schools Easy Access to I-85, Shopping, Dining and Downtown Suwanee Center. Schedule Appointment with Agent and Builder to discuss more details. We are featuring all the photos as the home is being built so you can see all the quality that went into the home. All the details were closely monitored by the builder every single day and materials brought from overseas. Truthfully this is ONE of a KIND home ideal for entertainment, privacy, family living and QUALITY that can’t be beat! Your clients will NOT find another home of this quality, privacy and location. Agents, if you want to show your clients how well this home was built – we have been taking pictures throughout the process for them to see – check FMLS #6958259 and you’ll be able to see them all. 

The above information deemed to be correct subject to changes, errors, and omissions.

Posted by: dagmarsands | January 7, 2022

What Buyers & Sellers Should Know!

Buyers and Sellers, Investors

Home Issues That Should Make You Rethink Your Negotiations

When you’re getting ready to buy your first home, you may get blindsided by excitement. But, rest assured that now is not the time to jump the gun. There are many practical considerations that you have to put front and center, even when your heart finds the home of your dreams and it isn’t quite up to par.

Real Estate International takes buying a fixer-upper very seriously. It’s a topic worth revisiting since major problems, like a leaky roof, busted HVAC, and cracks in the foundation might mean thousands of dollars and months of inconvenience. In addition to those just mentioned, issues that should send you running the other direction or, at the very least, back to the negotiations table include:

  • Faulty electrical system
  • Widespread wood rot
  • Unclear title
  • Pest infestation
  • Signs of previous water damage (such as mold and mildew)
  • Asbestos
  • Damaged or degrading septic system

Keep in mind, however, that if you choose to buy a property with an “as-is” clause, you may inherit these issues, and your seller won’t come down on price. However, in most traditional home buying scenarios, any of these problems should trigger a conversation with your Realtor about what you’re willing to incur and what you’re not. Remember: your real estate agent is the most invaluable resource you have in this instance.

How to Ask for a Lower Price

By the time you get to the home inspection, you’ve likely already made an offer on the home. In today’s market, many other people likely have as well. This doesn’t mean that you can’t come back with contingencies. If your inspection uncovers a problem, immediately bring this up to your Realtor. They can coordinate with the seller’s agent, and you can likely get a quote on the repair. Once a quote is complete, you might then present this to the seller and ask for a lower price, for them to have the repairs done on their own, or for an allowance, which will then be paid back to you at closing. If you’re not yet familiar with the closing process, the Which Mortgage blog explains that this is when all money is put on the table, and you are given the keys to your new home.

In some cases, the seller may come back with a counteroffer. In others, they may accept that other potential buyers will experience the same issues, and they will do what they can to expedite the sale instead of canceling it altogether. Restarting the home selling process is time-consuming, and your sellers probably want to move as much as you do.

I Don’t Like the Color

Now, on to issues that the buyer likely won’t take care of. One of these is a paint color that you don’t care for. While the average cost to paint a room runs around $1,892, this is one expense that you’ll likely have to incur yourself. Your buyer also won’t be willing to change out light fixtures, switch plate covers, or any other cosmetic eyesore as these don’t affect the fundamental value of the home and, in all likelihood, the property has already been priced to account for whether or not it’s been updated to modern standards.

At the end of the day, the seller does not have to agree to any repairs as long as they have been upfront and honest to the best of their knowledge about the condition of the home. However, most people realize that, despite a hot market, there are certain issues in which most people won’t budge. It is often better to negotiate with a guaranteed offer than it is to go back to the proverbial drawing board to start the process all over again. If you still have questions about the types of updates and renovations that should be complete before you buy, talk to your Realtor.

No matter where in the world you’re looking to move, Real Estate International can help you every step of the way. For more information call 770-476-1335.

Article written by John Dunbar johndunbar@housingsecrets.net

Ammersee Lakes – We will do a series on communities in the city of Johns Creek, GA where I have lived and worked since 1978 before it became a city. Our goal is to assist new families relocating to the city, share with them what is available on the market and help existing residents to know the Market Analysis of communities in their area. We also offer FREE Market Analysis for all residents in Johns Creek through Real Estate International, Inc. TEAM. Dagmar Sands, Real Estate International, Johns Creek City Guide, http://www.JohnsCreekCityGuide.com, Homes for sale in Johns Creek, Homes SOLD in Johns Creek, GA

Johns Creek Real Estate Broker

Posted by: dagmarsands | September 8, 2021

Real Estate International Inc. — September 2021 Newsletter

Image via Pexels

Fundamental Steps to Becoming a Real Estate Investor

There’s no question that real estate investing can be an excellent way to add passive income and grow wealth over time. But with the many benefits come potential risks, particularly for first-time investors. It’s essential not to overlook these risks and to prepare as thoroughly as possible before diving into a purchase. Dagmar Sands has some practical tips for anyone looking to begin a venture in real estate investment.

Know the Risks  

As with any type of investment, purchasing a rental property comes with many risks. The key is to know about potential risks before you commit to any specific property, especially those that are most common. For example, first-time investors often overestimate the fair market rent in their area. This leads to overcharging rental rates, which can result in negative cash flow.

SFGate notes that another factor that’s often overlooked is unexpected repair bills, particularly extensive repairs. This is one reason why professional home inspections are so vital. Real estate investors often come across unforeseen problems that require large and expensive repairs, such as the HVAC quitting, pipes bursting, or the roof failing.

You must also be prepared for vacancies. While researching vacancy rates in your area is important, a low vacancy rate doesn’t guarantee that you will always have a tenant. Depending on local market conditions, it may take you longer than you anticipate to land your target tenant, yet you’ll still be responsible for paying property taxes, the mortgage, and maintenance costs.

Establish Your Rental Business

If you go through the risks and determine that real estate investment is the right move, then it’s time to make your business official. The formation process involves taking legal steps, which vary depending on which state you live in. Most likely, you’ll need to fill out and file documents that are required by your state, which can take anywhere from a few days to a few weeks to process before confirming your business. To make establishing your business easier and less stressful, you can utilize low-cost company formation services.

Prepare Financially

You’ll also need to begin taking any steps necessary to secure a stable financial footing. If you have any high-interest personal debt, come up with a plan to eliminate it as quickly as possible. Since you will need to pay at least 20 percent down on investment property, you should start saving for a down payment now. And you also want to have cash in reserve to cover unexpected repairs, reduced rental income, and other unforeseen costs.

Boost the Property’s Appeal  

Once you choose a property, you need to make sure it is desirable to your target tenants. Ideally, you’ll evaluate a property before purchasing it so that you’ll know exactly what kinds of repairs and improvements to budget for. The key is to start with upgrades that guarantee a good return on your investment.

For instance, if there is not a fence surrounding your property, that is an upgrade that is sure to attract renters. And you can easily connect with local contractors that will make the process easy and stress-free. Research contractors in your area to read reviews and find companies who offer credits and discounts on new fence installations. Then, meet with a few candidates, get quotes, and choose a contractor who will best serve your needs.

Here are some other home improvements that will make your property more desirable:

  • Replacing the front door
  • Replacing the garage door
  • Upgrading your appliances
  • Refinishing hardwood floors
  • Enhancing curb appeal (e.g., landscaping, replacing the mailbox, painting the exterior, etc.)

Manage the Property Well

Finally, purchasing an investment property is one thing, but managing it is another. If you have a knack for performing basic repairs and landscaping, it may be feasible to manage one property. But you also have to be OK with determining rental rates, communicating with renters, and potentially confronting renters about certain issues. Many investors find it worthwhile to hire a property management company to handle all of these tasks and more.

Now is a great time to invest in a rental property. Just make sure you understand the risks involved and establish a strong financial position for yourself before making a purchase. Also, leave room in your budget for any necessary improvements to the property, and ensure that it’s managed well. While there is much more involved in buying your first investment property, following these tips will get you off to a great start.

If you’re currently searching for a property for your rental business, Dagmar Sands is here to help. Explore up-to-date listings on the website, email her at dagmar@worldclassrealestatebroker.com, or call (404) 313-3456 today!

This article is written by Suzie Wilson, and pictures are from Pexels.

Posted by: dagmarsands | August 27, 2021

Drop in Lumber Prices Could Save $40K Per Home, But…

©Dan Reynolds Photography – Getty Images

Doug Yearley, CEO of the luxury home builder Toll Brothers, told CNBC that the recent drop in lumber prices is prompting some significant savings on the cost to build a home—but home buyers shouldn’t expect to see those savings. While lumber prices are falling, other material costs to build are surging.

Lumber prices reached a record high of more than $1,700 per thousand board feet in May. On Wednesday, it averaged about $500. Yearley says that has translated to about $40,000 in savings in building a home.

But steel mill product prices increased 10.8% in July following a 6.2% increase in June, the National Association of Home Builders reports. Tariffs on steel imports have been blamed for adding to building costs. Also, prices for gypsum products, which are used for drywall, rose 2.5% in July and are up nearly 16% in 2021. Copper has also been in short supply, builders report.

“The tailwind of lumber coming down is very comforting,” Yearley told CNBC’s Jim Cramer. “It’s going to help us. It’s going to drive some margin. But I think it’s going to offset some of the other cost increases that we’re feeling.”

Yearley says it’s taking longer to build homes with recent supply chain and labor issues. “It took about two weeks longer in our third quarter to deliver a home,” Yearley says. “We expect that to continue for a couple more quarters as we manage through it.”

The median sales price of a new home in July was $390,500, an 18.4% increase compared to a year earlier, the Commerce Department reported this week.

“New residential construction remains strong, but building material pricing and availability are likely to remain significant headwinds,” Charlie Dougherty, an economist at Wells Fargo, told NBC News earlier this month.

In some cases, pricing homes has become problematic for builders as they face constantly rising material costs.  

Source: Realtor Magazine (Aug. 26, 2021) & “Toll Brothers CEO Says the Drop in ‘Crazy High’ Lumber Prices Will Save $40,000 Per Home,” CNBC (Aug. 25, 2021)

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