Cherokee Co. Considers Floating Homestead
Posted: July 10th, 2008
Category: Atlanta Real Estate
The July 15th Primary Ballot contains a referendum for the purpose of establishing a “floating” homestead exemption.
An Act to Amend Property Assessments- House Bill 1269
“Shall the Act be approved which provides a homestead exemption from Cherokee County ad valorem taxes for county purposes in an amount equal to the amount by which the current year assessed value of a homestead exceeds the base year assessed value of such homestead?”
What Does it Mean to Homeowners?
The simple purpose of this measure is to protect homeowners, who occupy their home, from increased assessments. If approved by voters, property owners who receive a “homestead” exemption will have such exemption increase dollar for dollar with any increase in assessment. Thereby creating a “floating” homestead exemption.
This floating homestead exemption would only apply to the portion of a homeowners tax bill associated with county or city government. It does not impact the portion of the tax bill associated with the local school system.
The practical effect of this measure is to freeze the assessment portion of the property tax formula for homeowners. Under this plan a homeowners property tax would only go up if the local governing body votes to raise the tax (millage) rate. Again, it is important to note, this does not pertain to the school funding portion of a homeowner’s property tax. It is also limited to homestead properties. Commercial and other non-homestead properties, do not qualify.
I’d love to hear what our readers think on a floating homestead for Cherokee?
Discussion: Comments
Highland Pointe- “East Cobb Spotlight” Swim/Tennis Community
Posted: July 9th, 2008
Category: Marietta Real Estate
Highland Pointe
Welcome Home to Highland Pointe
Located in East Cobb off of Sandy Plains Rd. and North Mountain Rd. in Marietta, GA., Highland Pointe is a sought after swim/ tennis community that is convenient to I-75/I-575 and Hwy 92! You will find all the conveniences of home within minutes of the community. Publix, The Home Depot, Target, Office Depot, movie theatres, restaurants, nail salons, and much much more located right around the corner!
Homes in Highland Pointe range in price from the low $300’s to the high $700’s. If you are interested in living in a very family oriented swim/tennis community, you will not want to miss out on all the amenities that Highland Pointe has to offer! Not only does Highland Pointe have an very active swim/tennis community, it is located in one of the most sought after school districts in Cobb County! All in all this community is a winner!
Quick facts about Highland Pointe:
Number of Homes Currently on the Market: 17
Homes Currently Listed Priced At: $319,800- $799,800
Number of Homes Sold since July 2007: 8
Annual HOA: $125
Annual Swim/Tennis Fee: Has two Tiers- Visit Highland Pointe
Schools: Davis Elementary, Mabry Middle School, Lassiter High School
Highland Pointe Bylaws and Convenants
Please feel free to contact me if you are interested in buying or selling real estate in Marietta! Contact me if you want to buy or sell a home in Highland Pointe or in any other East Cobb Swim/ Tennis Community.
Homes For Sale in Marietta GA
Discussion: Comments
Government Controls Cause Noah 10 Year Delay on Second Ark
Posted: July 8th, 2008
Category: real estate news
In the year 2008, the Lord came unto Noah, who was now living in the United States, and said: Once again, the earth has become wicked and over-populated, and I see the end of all flesh before me.
Build another Ark and save two of every living thing along with a few good humans.
He gave Noah the blueprints, saying: You have six months to build the Ark before I will start the unending rain for forty days and forty nights.
Six months later, the Lord looked down and saw Noah weeping in his yard - but no Ark.
Noah! He roared, I’m about to start the rain! Where is the Ark ?
Forgive me, Lord, begged Noah, ‘but things have changed. I needed a building permit. I’ve been arguing with the inspector about the need for a sprinkler system. My neighbors claim that I’ve violated the neighborhood zoning laws by building the Ark in my yard and exceeding the height limitations. We had to go to the Development Appeal Board for a decision.
Then the Department of Transportation demanded a bond be posted for the future costs of moving power lines and other overhead obstructions, to clear the passage for the Ark ’s move to the sea. I told them that the sea would be coming to us, but they would hear nothing of it.
Getting the wood was another problem.. There’s a ban on cutting local trees in order to save the spotted owl. I tried to convince the environmentalists that I needed the wood to save the owls - but no go!
When I started gathering the animals, an animal rights group sued me.
They insisted that I was confining wild animals against their will.
They argued the accommodations were too restrictive, and it was cruel and inhumane to put so many animals in a confined space.
Then the EPA ruled that I couldn’t build the Ark until they’d conducted an environmental impact study on your proposed flood.
I’m still trying to resolve a complaint with the Human Rights Commission on how many minorities I’m supposed to hire for my building crew. Immigration and Naturalization are checking the green-card status of most of the people who want to work. The trades unions say I can’t use my sons. They insist I have to hire only Union workers with Ark-building experience.
To make matters worse, the IRS seized all my assets, claiming I’m trying to leave the country illegally with endangered species.
So, forgive me, Lord, but it would take at least ten years for me to finish this Ark.
Suddenly the skies cleared, the sun began to shine, and a rainbow stretched across the sky.
Noah looked up in wonder and asked, ‘You mean you’re not going to destroy the world?’
‘No,’ said the Lord. ‘The government beat me to it.’
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There is just too much truth in this for it not to be funny and sad at the same time. Thanks to Scott Leonard of The Landon Group for sharing this with me.
Discussion: Comments
Brad Nix becomes Agent Genius
Posted: July 3rd, 2008
Category: real estate news
I’m not blowing my own horn (although I’m not above that), I am truly honored to become a writer for Agent Genius.
Agent Genius is the first multi-author real estate blog designed by and for real estate agents nation wide. Unlike other real estate blogs that blog at the consumer, we blog beside the consumer. We talk about whats hot in technology, new and inventive real estate business models, the nature of the real estate industry, hot topics that impact consumers and so much more…
Who reads Agent Genius? agents that want a leg up on the real estate profession, technology that impacts the industry, consumers who want an inside look at the profession, and want to know the profession is looking out for them.
agentgenius.com is one of the fastest growing phenomenons on the internet today, growing in scope and popularity with each passing day- why? Because agentgenius.com writes from the heart on real estate issues that matter, we focus on constructive solutions, and because we’re pretty darn funny too- we’re fun for the consumer, the agent, and informative. What more could you ask for?
I look forward to bringing my southern viewpoints to the national audience and hope to shine the light on the pros and cons of our local & national real estate industry. I encourage you all to sign up to for the rss feed today!
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