A Blog For Savannah Ga Real Estate

After a long period of contemplation about my future in real estate, I've decided to return to my roots -- Exclusive Buyer Agency. In 1996 I started my real estate career as an exclusive buyer agent with a company called The Buyer Agent of Savannah, and this company provided exclusive buyer agent services -- we didn't have any listings. When I started my own company in Savannah, I decided I would offer buyer agent services but also list properties for sellers.

I have discovered that my real love lies with buyer agency, so, in order to remove all conflicts of interest, I will offer only buyer agency. I will be the only company I know of in Savannah, Ga that offers exclusive buyer agent services. I will be concentrating mainly on the information aspect of real estate transactions for first time buyers and out-of-town buyers who need good, objective information in order to make informed buying decisions.

I've always believed that buyers need representation and that exclusive buyer agents are the way to go. My experimentation with listings was valuable, but I will now concentrate full-time on buyer agency, consultation, investments and information processing necessary to navigate a sometimes confusing real estate market.

Good representation and good information, and having an agent who will represent you through the whole buying experience, is more valuable now than ever.

I will follow this post, over the next few days, with a series of posts decribing, in full, what exclusive buyer agency entails.

I've had several inquireies lately regarding lease purchase arrangements. There is sometimes some confusion between a lease purchase and an option to buy. An option to buy basically means you have the first option to buy the property at the end of the lease period, but you aren't obligated to buy -- a lease purchase, though, is an contractual agreement to buy the home at the end of the lease period, which can be any amount of time agreed to by both parties.

A lease purchase ususally requires the buyer to make a down payment which would not be returned if the buyer fails to go through with the purchase. The value of a lease purchase is to secure a home you want but are not quite ready to buy. It's a good way to secure the home and fix any credit problems that might prohibit you from buying right away.

Most buyers think that a lease purchase is set up automatically where part of lease amount paid each month goes toward the purchase of the house, but this is not always the case and it has to be negotiated. Putting together a lease purchase agreement can be tricky for both the buyer and seller. It pays to make sure you have a comprehensive contract that spells out the agreement in a way where there is no misunderstanding. You don't want to get into an agreement where you think you have a way out if you change your mind, only to find out that you can't back out without losing quite a bit of money.

Remember, a lease purchase contract is a contract to buy.

Frank just sent this to me by email -- the deals are getting good.

 

Builder Blowout Sale

The Fairways is offering the remaining showcase homes in buildings 2 & 3 at tremendous savings of up to $30,000 to move our inventory. If you couple these savings with the incredibly low interest rates now being offered, you have a once in a lifetime opportunity to get the maintenance free lifestyle you are looking for at an incredible value. Additionally, if you are a first time homebuyer or have not owned a home in the last three years, you may qualify for the First Time Homebuyer tax credit from the federal government which only improves the value. We are currently completing these units so these is little time to personalize these homes. This offer is only available through March 31st.

Visit 10:00 - 5:00 weekdays and 12:00 - 5:00 weekends.

102 Kingfisher Circle- was $277,612 now $247,612 See listing
284 Kingfisher Circle- was $287,900 now $257,900 See listing
106 Kingfisher Circle- was $299,700 now $269,700 See listing

 Go to -- http://www.condosinsavannahga.com/ -- for more information. Call me at 912-429-3431 and I'll set up a showing.

Okay, I'm back to blogging on a regular basis -- it's been a hectic last couple of months. The market is showing some positive signs of recovery and the deals are good at this point, along with good interest rates.

One thing I accomplished in the last two months was meeting with Frank Curran and Gary Turnbull with Epcon who are heading up the development and sales of The Fairways condominums at Savannah Quarters. I was given a tour of the clubhouse and the two models for sale -- the Canterbury and the Abbey -- both of them spacious, maintenance-free, one-story town homes with great floorplans. The Abbey is 2 bedrooms, 2 baths, with a separate dining room, a 2 car garage and a large living room that opens up to the kitchen which is ideal for entertaining -- also, there's a small porch adjacent to the foyer and a large glassed sunroom in the front of the unit.

The construction and details are top notch -- convenient living at it's best for singles -- couples, retirees who love golf, or young professionals too busy to worry about maintenance. It would also make an ideal second home for anyone wanting to be close to Savannah, yet have all the conveniences and security of gated living.

The Canterbury model is larger and has an optional third bedroom which could be used as a den. Go -- here -- for the floorplans and more information.

I was impresses by the quailty of the construction, and the location is perfect for getting to the bustling westside, Pooler Parkway area, and also getting downtown. Savannah Quarters is near I-16 which runs straight downtown -- it's about a seven minute drive. There is already some commercial development around Savannah Quarters for shopping and dining, and there are plans to complete the 16 West project which will be a major shoping, dining and entertainment venture right across from Savannah Quarters.

The prices for the homes at The Fairways are reasonable, especially considering the golf course, the clubhouse (which has an inviting atmosphere conducive to socializing) and the fact there is no maintenance and all of it is secure, so if you travel often or if it's a second home you don't have to worry -- just lock it up and forget about it.

If you're interested in taking a tour, give me a call -- 912-429-3431 -- Gary and Frank promised me they would take good care of my buyers.