Foreclosure Myths and Hot Foreclosure Neighborhoods
A few myths about Atlanta Foreclosures….
1.) banks are not negotiable.
This is false…Most banks holding these properties are public companies and have shareholders to answer to. These properties need to be sold and moved off the banks books…Don’t be afraid to make an offer. You never know how that banks asset manager is feeling that day.
2.) Foreclosures are in terrible shape.
Not always. I have been in many foreclosure properties that are super clean, move in ready and nicer than regular listings I have through.
3.) You cannot inspect a foreclosure property if you buy it.
This is incorrect. The majority of the time you can inspect a bank owned or short sale property but on the flip side the majority of the time the bank will not repair any of the items that you have found defective.
Atlanta Foreclosures are currently some of the best bargains out there…They are not always in bad shape and because of the current owners financial or personal hardships or the banks willingness to liquidate the property, most of the time you are getting a fantastic deal. Our team consist of intown Atlanta experts as well as an investment agent that dedicates 100% of his time to foreclosures, short sales, wholesale properties and staying abreast of current market conditions. Contact us today. We would be honored to help. Here are a few Atlanta Neighborhoods with Foreclosure Homes available.
April 8th, 2008 at 1:53 pm
[...] incomplete new construction homes. If you have any questions about these properties or any other Atlanta Foreclosures feel free to contact us. We have Foreclosure specialist on hand to handle your most detailed [...]
April 30th, 2008 at 8:59 am
real estate flipping guide
The hottest Real Estate trend of the last five years is FLIPPING HOUSES for extreme profit! With no experience anyone can make REAL money in the real estate market.
http://www.ebookslife.com/realty/
http://www.fullskills.com/realty/
May 17th, 2008 at 7:39 am
Correct, all three myths are obvioulsy no true. Bank negotiations occur quite often, and I have many times witnessed myself that the foreclosed property was in a very good condition.