Real estate in wealthy and prestigious Ansley Park, Atlanta, is in great demand and also expensive. These semi-detached houses typically have two doors on the outside and are used as a two family home – meaning that the home is split in a way that allows for two different families to live in the same home, which is why a duplex may also be referred to as a twin home.
Getting a pre-qualification letter from your loan officer is vital to the home buying process, and should be given to either your real estate agent, or the agent of the seller, to prove that you are fit to buy the home, and that you willing, able, and ready to be a buyer.
Ansley Park has come a long way from being a desolate suburb in its initial phase to the fashionable joint it was in the 1920s, through the lean period of World War II which experienced a housing crunch, and eventually to the resurgence of real estate in the 1960s which has continued to the present day.
On the positive side, if you consider the prices of properties during the time before the most recent global economic crisis and its present values today then you shall fully appreciate the tremendous deal and the good bargain that you are going to get; considering the fact that most prices nowadays are already significantly marked down.
You cannot build any structure without the proper permits and you should never build any structure for investment purposes without first checking with an accountant regarding the tax you are required to pay upon sale of the duplex or on the money you earn as rent from the duplex.