5724 Dexters Mill Drive, originally uploaded by jrumanes.

One of my Investors is actually interested in living in this house while he is rehabbing it. Homes in this neighborhood without basements are selling for around $185,000. This foreclosure has a basement (full, minus under the garage) and is fairly clean. Even the current paint colors are not that bad. The carpet needs to be replaced throughout. They previous owners were obviously very heavy smokers and likely to smoke in the Master Bedroom. The floorplan is nice and features 4 bedrooms (all upstairs) and 2.5 baths. The basement is studded for another bath.

Post rehab, depending on whether you decide to finished the basement or not, this house could sell for $199,900-$215,000.

Photo provided by Listing Agent via FMLS listing.

148 Belmont Lane, originally uploaded by jrumanes.

I visited this home with an Investor client of mine this past weekend. This neighborhood is located not far from downtown Lawrenceville and it sells well. There are a lot of foreclosures that pop up in this neighborhood, but they move. They are either being occupied or rehabbed. This is a great price for someone interested in rehabbing the property! The house needs new carpet, tile floors, fresh paint, updated fixtures and faucets, possibly a sliding or french door from the kitchen/dining area to the backyard (currently there is not access to the backyard except from the side of the house) and the kitchen needs a remodel and new appliances.

Post rehab you could probably turn this house for $125,000.

Photo provided by Listing Agent via FMLS Listing

1514 Grove Arbor Terrace, originally uploaded by jrumanes.

This is my newest listing in Hamilton Mill in Dacula. It is a wonderful family home with 5 bedrooms and 3.5 baths. There is a full, finished basement featuring custom study coves, rubbed oil bronze fixtures and faucets, Frieze carpet, a workshop, an in-law/teen suite and an unfinished space ready to be finished into a home theater. There is also a separate entrance.

The main floor has just received a fresh coat of neutral paint and new Frieze carpet. The kitchen is spacious with large cabinets, solid surface countertops, a pantry, hardwood floors, a breakfast area and breakfast bar. There are french doors in the kitchen that lead out to a brand new huge deck featuring iron rails!

This house is magnificent and the Sellers are ready to sell, as they have already found their dream home!

Habersham on Laural Springs, originally uploaded by jrumanes.

$20,000 off Inventory Homes for Closings by September 30, 2007 

I attended an Agent Luncheon at this new home community yesterday. The finishes and use of space in these homes is right on the mark for the price point! You really get a lot for your money! The community may look funny from the outside as it build on an extremely steep hill just outside of the main entrance to Laurel Springs Country Club. It’s a great location just off of 141, Peachtree Parkway and just north of all of the shopping in Johns Creek. Once 141 is widened you’ll have a straight shot to all of the shopping at The Avenues which is currently under construction where 141 meets GA 400. You won’t believe the stuff they’re going to have up there! It’s going to be bigger and better than The Forum Shops in Norcross!

Anyway…great builder, Harcrest Homes. They bailed out the original builder who was having financial trouble. A couple of that builders homes were sold to private builders/investors who are going to finish their homes and market them separately. A lot of house for the money, like I said, great finishes and use of space, 2 and 3 car garages, stone and brick, they’re really top notch. The only downfall (which is typical for almost anything new construction under $1.5M) is that the lots are small. But shouldn’t we be used to that by now?

Photo provided by Listing Agent via FMLS listing

1731 Tyler Green Trail, originally uploaded by jrumanes.

I previewed this house yesterday after visiting one of my listings in the area. This home is located in a great, established neighborhood close to the Paces Ferry exit off 285 which is very convenient to Buckhead and Downtown. The floorplan of the home is really great for entertaining or for a growing family. It is currently decorated in very rich neautrals, gold’s and beige with a hint of green. The master bedroom is up and is extremely large! It features a fireplace that separates the main sleeping area from another large sitting area off the bathroom. There are three walk-in closets in the Master! The bathroom could use a little updating for my taste (all fixtures and shower are brass and it’s wallpapered) All three other bedrooms are also upstairs, two of which are a good size. There is a jack-and-jill bath and also another full bath up. The basement is mostly finished. It features a huge entertainment room with recessed lighting. There is another finished room just off the stairs which is open (looks like it could be used as a billard room) and there are two other unfinished rooms. One is stubbed as a bath. The other could be used as a bedroom though not considered one for the purposes of resale as there is no window. The lot is nicely landscaped and features two patios, one off the breakfast nook in the kitchen and one off the keeping room. There is not much yard as it does slope up in the back. But there is room for a play set.

This home has been on the market since March of this year. The Sellers have already moved out and they have dropped their price from the original $600,000. There is a lot of space in this house and I’m sure the Sellers are rather modivated!

Photo provided by Listing Agent via FMLS listing