Renaissance Realty Group’s Blog: Georgia: Snellville

To be listed in the next 24 hours

3872 Cloud Lane Drive, Snellville GA

List Price $49,000

 

Building Sq Feet: 2143

Basement Sq Feet: 1456

Bedrooms 3 Full Bath 2

Lot Corner on a  Cal de Sac .37 Acres

BANK OWNER / FORECLOSURE

Foreclosure Homes For Sale In Georgia

Fulton, North Fulton, DeKalb, Gwinnett, County Georgia.

Cities of Decatur, Tucker, Stone Mountain, Lithonia, Duluth, Buford, Lawrenceville, Dacula, Grayson, Snellville, Loganville, Suwanee, Norcross, Winder,

NOVEMBER 17 2008

This list is updated daily with Homes added to MLS in the last 24 hours

Due to the nature of Foreclosure Homes and Short Sale Home,

Buyers should act quickly !

For all Your Real Estate Needs Call !

 

Eric Reid, Managing Broker Renaissance Realty Group Inc.
Office: 404-921-2067 x 102 Fax: 770-513-4443

Short Sale list click here

Foreclosure list click here

Why You Need a Home Inspection

Buying a home is one of the most important purchases you will make in your lifetime, so you should be sure that the home you want to buy is in good condition. A home inspection is an evaluation of a home's condition by a trained expert. During a home inspection, a qualified inspector takes an in-depth and impartial look at the property you plan to buy. The inspector will:

• Evaluate the physical condition: the structure, construction and mechanical systems.
• Identify items that should be repaired or replaced.
• Estimate the remaining useful life of the major systems (such as electrical, plumbing, heating, air conditioning), equipment, structure and finishes.

The home imspection does not estimate the value of the house.

After the inspection is complete, you will receive a written report of the findings from the home inspector, usually within three to five days.

Homebuyers that buy their homes with the help of the Federal Housing Administration (FHA) mortgage insurance programs may want to check out this information. All homebuyers can benefit from the information in the link brocher above. This brochure  is help you to understand the difference between home inspections and appraisals, the benefits of home inspections, how to find a qualified inspector, and the importance of radon testing.

Home Inspections Are Not Appraisals

A property appraisal is a document that provides an estimate of a property's market value. Lenders require appraisals on properties prior to loan approval to ensure that the mortgage loan amount is not more than the value of the property. Appraisals are for lenders; home inspections are for buyers.

FHA, which is part of the U.S. Department of Housing and Urban Development (HUD), requires lenders to obtain appraisals of properties securing FHA-insured loans. FHA requires appraisals for three reasons:

• To estimate the market value of the property.
• To make sure that the property meets FHA minimum property requirements/standards (health and safety).
• To make sure that the property is marketable.

The FHA appraisal process will note property deficiencies that are readily observable and found not in compliance with HUD's minimum property requirements/standards  These deficiencies may not be the same as those items noted in a home inspection report.

About FHA Home Inspections

FHA helps individuals and families become homeowners by providing lenders with mortgage insurance for certain loans.

FHA does not guarantee the value or condition of your future home, and FHA does not perform home inspections. If you find problems with your new home after closing, FHA cannot give or lend you money for repairs, nor can it buy the home back from you.

That's why it is so important for you, the buyer, to get an independent home inspection. Ask a qualified home inspector to thoroughly examine the physical condition of your future home and give you the information you need to make a wise decision.

The Bottom Line: Spending Hundreds May Save Thousands

When you make a written offer on a home, you should insist that the contract state that the offer is contingent on a home inspection conducted by a qualified inspector. You will have to pay for the inspection yourself, but it could keep you from buying a house that will cost you far more in repairs down the road. If you are satisfied with the results of the inspection, then your offer can proceed.

	Residential					$ 168,000
	#:3719278	Active	Broker: RRUS01	Area: 65		Map: 84D6
	4192 Round Stone Trl SW		FMLS Neighborhoods		Media: 12
	City: SNELLVILLE		State: GEORGIA		County: GWINNETT	Zip: 30039-3353
	Subdivision: Stoney Ridge			Yr Built: 2006		Age Desc: Resale
	Lvls Bdrms Baths Hlf Bth Upper 0 0 0 Main 3 2 0 Lower 1 0 0 Total 4 2 0			Lake: NONE		Waterfront:
				Stories: Split Level		Elem: NORTON
				Style: Traditional		Middle: SNELLVILLE
						High: SOUTH GWINNETT
	Directions: From Snellville: HWY 124S To Left on Telida. S/D on Left past Stop Sign. Please Mapquest or Google for additional directions.

Public Remarks

Short Sale! Great condition. Main level: master suite w/ bath, two guest rooms + guest bath, great room w/ gas fireplace, formal dining room, fully equipped Kitchen w/ Maytag appliances + large breakfast room. Partially finished terrace level w/ bedroom, laundry room, unfinished area & bath stubbed.

Private/Confidential Remarks

Short Sale: requires 3rd party bank approval. Pls advise buyer that property is As-IsOne VACANT. GO & SHOW

Features

Bedroom: Master On Main, Split Bdrm Plan		Master Bath: Double Vanity, Garden Tub, Sep Tub/Shower
Kitchen: Breakfast Room, Cabinets Stain, Counter Top - Laminated, Pantry, View To Fmly Rm		Dining: Separate Dng Rm	Setting: Other
Const: Frame, Vinyl	House Faces: Unknown	Tennis on Prop: No	Pool: None
Parking: 2 Car Garage		Road: Paved, Public Maintain	# FP: 1
Rooms: Family Room, Other
Basement: Bath/Stubbed, Daylight, Exterior Entry, Interior Entry, Partial			Home Warranty: No
Lot Size: Under 1/3 Acre	Lot Desc: Level, Level Driveway, Private Backyard		Lot Dimensions: .1358

Other Descriptive Information

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Nbrhd - Cable Tv Avail Nbrhd - Homeowners Assoc Nbrhd - Sidewalk Nbrhd - Street Lights Nbrhd - Undergrnd Utils Appl - Dishwasher Appl - Elec Ovn/Rng/Ctop Appl - Garbage Disposal Appl - Microwave Appl - Other	Int - 9 ft + Ceil Main Int - Cable Modem Int - Cathedral Ceiling Int - Disp Attic Stairs Int - Double Vnty Other Int - DSL Available Int - Trey Ceilings Int - Walk-In Closet(s) Int - Wall/Wall Carpet Ext - Deck	Hcap - None Fplc - Factory Built Fplc - Gas Logs Remain Fplc - Gas Starter Fplc - In Great/Fam Room Heat - Forced Air Heat - Zoned Cool - Ceiling Fans Cool - Central Electric Cool - Zoned	Enrgy - Thermal Pane Wdws Water - Public Water Sewer - Pub Swr Connectd Laundry - Laundry Room