Get off the fence – you’ll be glad you did! Already own a home? REALTORS® are your best resource to explore your options if you’re thinking about selling or refinancing.
The National Black Arts Festival (NBAF), a non-profit cultural institution based in Atlanta, Georgia, celebrates the contributions of people of African descent and their impact on world cultures.
The mission of NBAF is to engage, cultivate and educate diverse audiences about the arts and culture of the African Diaspora and provide opportunities for artistic and creative expression.
The National Black Arts Festival celebrates the arts in three ways:
1. Education
2. Year-round programs
3. A summer festival in July
Home buying opportunities available with new program
The Neighborhood Stabilization Program will provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. Cobb County will receive approximately $6.9 million from Housing and Urban Development and $1.7 million from the Georgia Department of Community Affairs to rehabilitate, resell or redevelop foreclosed residential real estate in the county's areas of greatest need. The goal is to stabilize neighborhoods and stem the decline of home values. Homebuyers may qualify for this program if they meet certain income criteria. For instance, a family of four can have an income of $85,450 and be eligible to participate. For additional information, please contact the program office at 770-528-7980 or visit buycobb.com
But buyers looking for a deal may not need to wait for an auction to find one, he said. Prices of intown condos are often slashed before the builder even thinks about going to auction.
As is typical for auctions of higher-end developments, the Aqua sale will be at the swanky W Hotel. Prospective buyers can sign up at a Web site for advance information. They can also see units on the block during a preview period in the weeks before the auction.
Bids at condo auctions often start one-third below the original listing price. At the Aqua auction, for instance, bidding for a one-bedroom, one-bath unit in the “Azure” floor plan starts at $179,000, vs. the last listing price of $389,900. Bids on a larger “Sapphire” unit start at $299,000, down from $759,900.
Because Atlanta has so many unsold units, the auction action is
drawing enterprising business people.
