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Buying Fixer-Upper Real Estate in Marietta Georgia
- Real Estate Relocation
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When you first start looking for homes in Marietta Georgia you may find some “steals” on the Web. Homes that are advertised as handyman’s specials. It is very important to look at the neighborhood when looking at these houses. If the homes surrounding the house in question are well maintained and it is a nice neighborhood, then you should calculate what it will take to improve the home to a comparable standard. If the cost of the fixer-upper and the cost of the home improvements is still under the median cost of other houses in the neighborhood and you have the skills or the cash to do the repairs, then buying a fixer-upper might be a good investment. You can then make the house into your home!
However, beware of homes that are extremely cheap in neighborhoods that are in a decline. The home’s price may be not only a reflection of the condition of the house, but of the declining neighborhood. This is where a Marietta Real Estate agent who is an expert in Relocation to Marietta Georgia can help you evaluate whether the purchase will be a sensible investment for you. Click on the FREE “Relocation to Marietta Georgia” real estate information package. One of our Marietta Georgia Real Estate agents will contact you to help with your relocation to Marietta Georgia.
Whatever you do, if you are considering buying a fixer-upper home, make sure you have it inspected by a qualified home inspector. Place a contingency clause in the contract subject to approval by you of improvement estimates. Repairs that you guess may take $10,000 may end up costing twice that! Make sure that before you close you have the necessary skills and assets to turn the house into a home within your budget! Click on the link above and our New Quest City Marietta Real Estate agent can help you with your relocation to Marietta Georgia by providing guidance and expert advice on every process of the purchase.
FINANCING A FIXER-UPPER. Some mortgage lenders will allow you to close on the home with a construction loan and then place permanent financing on the home as soon as the repairs are made. This gives you the freedom to put your cash down on the home to benefit from reducing or eliminating Private Mortgage Insurance without having to come up with additional cash to do the improvements. Your New Quest City Marietta Georgia Relocation Realtor can help you find a local mortgage company that can help you with a construction loan.
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Marietta is located in Cobb County, about 15 miles Northwest of Atlanta and is just south of the North Georgia mountains. It was founded in 1834 and today it is a thriving, charming city with old world charm but modern amenities. It has a beautiful downtown square with antique shops and elegant boutiques, restaurants, with Glover Park the center of fun. Marietta has a first-class education system which provides an atmosphere of learning for all citizens at all levels of education, including vocational schools and colleges. From Civil War battlefields to museums and amusement parks, Marietta is host to a number of attractions geared to a wide variety of interests. Most of these attractions are open year-round, many at no charge. One not to be missed is the “Marietta Gone With The Wind Museum: Scarlett on the Square”. -- Source: Wikipedia.com
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Census Data for Marietta, Georgia
| Marietta | Georgia | United States | |
| Population | 58,748 | 8,186,453 | 281,421,906 |
| Median age | 30 | 33.4 | 35.3 |
| Median age for Male | 29 | 32.1 | 34 |
| Median age for Female | 31.2 | 34.6 | 36.5 |
| Households | 23,895 | 3,006,369 | 105,480,101 |
| Household population | 57,187 | 7,952,631 | 273,643,273 |
| Average household size | 2.39 | 2.65 | 2.59 |
| Families | 13,020 | 2,111,647 | 71,787,347 |
| Average family size | 3.05 | 3.14 | 3.14 |
| Housing units | 25,227 | 3,281,737 | 115,904,641 |
| Occupied units | 23,895 | 3,006,369 | 105,480,101 |
| Vacant units | 1,332 | 275,368 | 10,424,540 |
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