Sharrese Ducham Realtor - Atlanta Homes With Rese

10/02/2025

https://sharreseducham.atlcommunities.com/market-report?area=zip:30080&state=GA&ppc=FB

See current market statistics for 30080, GA. Stats may include valuable information such as average listing price, price reductions, new listings, etc.

01/20/2025

Property taxes are a levy imposed by local governments, such as cities, counties, or municipalities, to fund public services like schools, roads, and emergency services. They are calculated based on the assessed value of your property, which is determined by a local assessor. The tax rate, often referred to as a millage rate, is applied to this assessed value to determine the amount owed annually. Property taxes can vary widely depending on the location, size, and value of the property, as well as local tax laws. Typically, they are paid annually or semi-annually, either directly by the homeowner or through an escrow account managed by a mortgage lender.

01/17/2025

There’s no reason to add extra stress to the home selling process. Here are a few things to avoid when trying to sell your home!

01/02/2025

12/20/2024

Understanding mortgage terminology is key when buying a home. Here are five must-know mortgage terms:

1. Principal: The amount of money you borrow to purchase your home. It doesn’t include interest, taxes, or other fees.

2. Interest Rate: The percentage charged by your lender for borrowing money. Can be fixed (stays the same) or adjustable (changes over time).

3. Loan-to-Value Ratio (LTV): The percentage of your home's value financed by the loan. Calculated as: Loan Amount ÷ Home Value.

4. Private Mortgage Insurance (PMI): Insurance required by lenders if your down payment is less than 20%. Protects the lender, not you, in case you default on the loan.

5. Escrow: A neutral account where funds for property taxes and homeowners insurance are held by your lender. Part of your monthly mortgage payment goes into this account.

12/18/2024

Wondering the perks of selling your home in the winter months? Here are a few:
1. Less Competition�Fewer homes are listed in December, giving your property a better chance to stand out.
2. Motivated Buyers�Buyers looking during the holiday season are often serious and motivated to close quickly, whether due to job relocations, tax purposes, or other end-of-year deadlines.
3. Festive Appeal�Homes can look warm and inviting with tasteful holiday décor, creating an emotional connection with buyers.
4. Potential Tax Benefits�Some buyers may be eager to close by year-end to take advantage of tax benefits like mortgage interest deductions.
5. Flexible Schedules�Many people have extra time off during the holidays, making it easier for buyers to tour homes and for sellers to prepare for showings.

12/17/2024

Here are the key do's and don'ts of home improvement DIY to ensure your projects are successful, safe, and value-adding:

The DOs

1. Do Plan Ahead: Research the project thoroughly, including materials, tools, and time required.

2. Do Start with Small Projects

3. Do Invest in the Right Tools: Consider renting specialized tools if you don’t want to buy.

4. Do Prioritize Safety

5. Do Know When to Call a Professional: For complex tasks like electrical wiring, major plumbing, or structural changes, hire an expert to avoid costly mistakes or safety risks.

The DON'Ts

1. Don’t Skimp on Quality Materials

2. Don’t Ignore Permits: Some projects, like structural changes or electrical upgrades, require permits.

3. Don’t Underestimate Costs or Time

4. Don’t Overestimate Your Skills: A poorly done DIY job can decrease your home’s value or require costly repairs.

5. Don’t Start Without Proper Measurements

12/13/2024

Many homeowners cite the following reasons for why they love their neighborhood:

Sense of community: A good neighborhood is a safe, friendly place where people know each other and have a strong sense of community.

Low crime rate: A low crime rate can give a neighborhood a sense of calm and ease.

Nearby amenities: A good neighborhood has more than just a nice view, it also has nearby essentials.

Things to do: People love neighborhoods where they can pursue a variety of activities.

Neighbors: Neighbors are a convenient way to interact with people face-to-face.

Facilities: A neighborhood can offer many facilities, such as a park with swings for kids.

Do any of these factors contribute to how much you love your current neighborhood? We’d love to hear from you in the comments!

12/11/2024

Here are the top three real estate myths and the truth behind them:

1. Myth: You Need a 20% Down Payment to Buy a Home

Reality: While a 20% down payment can help you avoid private mortgage insurance (PMI) and lower monthly payments, it’s not a requirement. Many loan programs allow for lower down payments.

2. Myth: Selling Your Home "As-Is" Means You Don’t Have to Make Repairs

Reality: While selling “as-is” means you won’t be making repairs, buyers can still request an inspection. If major issues are uncovered, buyers may negotiate a lower price or back out of the deal. Homes in poor condition may attract fewer buyers or sell for less, so minor repairs or staging can still boost appeal.

3. Myth: You Should Always List Your Home at a Higher Price to Leave Room for Negotiation

Reality: Overpricing your home can backfire by driving away potential buyers and causing the property to sit on the market longer. Homes that linger on the market often get lower offers as buyers perceive them as less desirable. Pricing competitively based on market value can generate more interest, leading to better offers.

12/10/2024

I would love to show you my listing at 318 Arnold Mill Road Woodstock, GA.

SELLER TO PAY $10,000 toward cc or rate buydown. This exquisite 5-bedroom, 3-bath estate home in Woodstock is a perfect blend of elegance and comfort, set on a serene, level, half-acre lot with view of mature trees. The main floor offers convenience with a spacious guest bedroom and full bath, ideal...

12/09/2024

Check out my listing in Woodstock, GA.

MASTER ON MAIN - LEVEL WALKING DISTANCE TO DOWNTOWN WOODSTOCK This gorgeous 1-story home offers modern living at its finest, all within walking distance of downtown Woodstock. With the master suite and main living areas conveniently located on the main floor, the home also features two additional be...

12/09/2024

Closing costs are the expenses and fees that buyers and sellers pay at the conclusion of a real estate transaction. Here's a breakdown for both buyers and sellers:

Closing Costs for Buyers:
Buyers typically pay 2-5% of the home’s purchase price in closing costs. These can include: Loan-Related Fees like Origination Fee, Credit Report Fee, Appraisal Fees, Title and Escrow Fees, Government Fees like recording fees and transfer taxes. This can also include Prepaid Costs which includes property taxes, homeowners insurance, and mortgage insurance and miscellaneous fees like inspection fees and HOA fees if applicable.

Closing Costs for Sellers:
Sellers usually pay 6-10% of the home’s sale price in closing costs. These can include: Real Estate Agent Commissions which are typically split between the buyer’s and seller’s agents. Title and Escrow Fees, Transfer Taxes where applicable, prorated costs like property taxes and HOA fees up to the closing date. There can also be miscellaneous fees like attorney fees, mortgage payoff, repairs or concessions.

Some closing costs are negotiable, and the buyer or seller can agree to cover specific fees during negotiations. In some areas, certain fees are customarily paid by one party (e.g., sellers often pay for title insurance in some states).