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The Condo Firm

Buying a Condo in Atlanta

Buying a Condo in Atlanta

Buying condos in Atlanta, Georgia should be pain-free and easy. The CondoFirm.com creates a hassle-free experience for you to search for your new condo or townhome in Atlanta, Georgia.

Use our Property Search feature to search thousands of properties in our area.

The steps in the buying process:

Get organized  1. Get organized

When you decide to start looking to purchase a new Atlanta condo or townhome, the first step is to gather all of the paperwork needed to qualify for financing, such as W-2 forms, pay statements and any other information your Lender requires. You can estimate your monthly payment based on the purchase price, down payment, interest rate, and length of term. Don’t forget to include the HOA fees and taxes to help determine your monthly payment as well. Use our online Mortgage Calculator to estimate your monthly payment.

Prequalify for financing  2. Prequalify for financing

Prior to beginning your Atlanta condo or townhome search, you will need to choose a mortgage lender that can provide you with the necessary financing, based on your income, credit and down payment. The lender will provide you with a Good Faith Estimate that will show how much you have been approved for your real estate purchase. This document will determine your price range.

Select a Buyer's Agent  3. Select a Buyer's Agent

Buyers often choose to hire a qualified real estate agent to assist them in the buying process. When selecting an agent, be sure to ask the necessary questions to verify their credentials, such as:
  • How long have they been an Atlanta area real estate agent?
  • How familiar are they with the Atlanta Condo market?
  • Do they specialize in Condo sales or Residential home sales?
  • Are they knowledgeable about the area with information about such things as parks, restaurants, Metro locations, lifestyle and most importantly what is happening in the Condo market?
  • Can they provide assessments from the area to determine what a good offering price should be?
  • Are they familiar with all the documents necessary to buy a Condo?
Keep in mind that your investment in an Atlanta condo is determined by the price at which you buy it today and not by the price you will sell it in the future. The Condo Firm̥s agents and brokers understand superior Customer Service and are focused on providing you with all the comprehensive information you need for the buying process, along with providing you with the Buyer Representation you should have.

Find the right property  4. Find the right property

Whether you are a first time home buyer or a market mover, purchasing a condo can be a tedious task, especially if you are new to the Metro Atlanta area. We will make this process easier by assisting you in locating the perfect property for you and negotiating not only the price but all other aspects of the purchase process.

Using our website, follow these easy steps:
  1. Select the part of Atlanta you are interested in, including Buckhead, Midtown, Downtown, Sandy Springs, Dunwoody, Lindberg, Atlantic Station, Chamblee, Vinings, Smyrna, Norcross, Glenridge, or any other location in Metro Atlanta.
  2. Narrow your search for a condo or townhome by price range, zip code, number of bedrooms, bathrooms and amenities you want.
  3. Your "shopping bag" will fill based on your desires, and the information will be transmitted to your REALTOR® here at the CondoFirm.com once you decide to do so.
Once you have identified the area of Atlanta you want to live in based on the local parks, shopping, entertainment, schools and lifestyle, finding the right Atlanta condo community could be a challenge for you. However, the Condo Firm agents are experts in locating just the right complex you need based on your buying parameters. Next, if there are multiple units to select from within the complex, we will show you the various units and floor plans that would help you determine where you would like to live in the building. Many choose to live on a higher floor to experience the breathtaking views of the Atlanta skyline. Each complex is different and offers different amenities so we will be able to help you in comparing all aspects of your new condo based on what you have told us about your needs.

Make an offer  5. Make an offer

After you have made your choice for an Atlanta condo, it is time to make your offer. As your agent, we not only provide you with the history of the units that have sold within the building, we will also provide you with a sales history of all comparable properties in the area to help you determine a value for the unit you wish to buy. Price is not the only consideration in your offer; there are many other concessions you may want to include in your offer. We will discuss of those with you prior to submitting your offer. As an experienced Buyer’s Agent, we know the contracts and other forms needed to protect you in presenting your offer and we will discuss those in detail when writing up your offer.

Inspections, Negotiations, Appraisals  6. Inspections, Negotiations, Appraisals

One of the terms of your offer could be that your purchase be "subject to an inspection." This is done during the Due Diligence time period after your offer is accepted. Another term of your contract should be that your purchase be "subject to an appraisal". However, if you are purchasing through a lender; the appraisal is usually part of the approval process.

Close  7. Close

We are a Full Service company which means we handle every aspect of the closing process. From the mortgage application, inspection, Home Warranty, title issues, etc., we stay on top of every small detail. Our goal is the make your purchase as hassle free as possible.

Move in  8. Move in

You are now ready to enjoy your new condo or townhome in Atlanta!

For additional and current information, you can follow the CondoFirm.com blog for tips on purchasing an Atlanta condo, things to look for, and what you can do today to see that you buy a sound investment in a place that you will enjoy.

 


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