How to Buy Atlanta Real Estate

Prices of Atlanta real estate vary considerably. Atlanta has recorded one of Southeast's highest office sale prices recently, when an investment management company paid $168 million for an office building. The standing record in Atlanta is $343 a square foot for a building.

The first step in buying a home or other property in Atlanta is to go through the current listings of properties available in the Atlanta real estate market. A proper study of the current real estate trends in Atlanta is essential for making wise decisions. Atlanta magazines, newspapers, and websites help you make this preliminary study. It is a good idea to browse the advertisements in Atlanta newspapers and journals. You can also approach an agent who can give you proper guidance in purchasing Atlanta real estate. Atlanta has lots of reliable real estate brokers and agents.

Before you buy a property, find out how much money you can invest, keeping all your income and debt in mind. Get a copy of your credit report from the bank. Availability of cash for a down payment, the type of mortgage you select, and the current interest rates are important factors you should consider. You must be prepared for other charges including the closing costs that include attorney's fee, taxes, and other transfer fees.

Make sure to tailor your need needs and comforts to go with your finances. Also, see that the property you intend to buy, whether a new or an existing property, has all the features you need. Look for a location with nearby schools, recreational facilities, and safety facilities.