Atlanta Short Sales | Atlanta Short Sale Homes for Sale | Pre-Foreclosures and Short Sales.
Atlanta short sales homes for sale. Atlanta short sales pre-foreclosures, and short sales.Find great deals on Atlanta short sale listings and Atlanta Pre-Foreclosure real estate. Atlanta pre-foreclosures, short sales and distressed properties.short sales? Do you know what a short sale is? A short sale is when a person owes more on the home than they can repay, so the lender is willing to take a look at purchase offers and may accept less of a payment in return for a quick resolution to the potential foreclosure. Short sales are different. Basically a short sale as a "pre-foreclosure!" Here are some of the difference between foreclosures and short sales.
Everyone thinks Atlanta foreclosures are a great deal, but they aren't! A foreclosure is when a lender takes back a home that the buyer has not been able to repay the mortgage. A foreclosure could be a great deal, but in the real world they aren't! Foreclosures in Georgia should be a very quick process. In the state of Georgia we are a non judicial foreclosure state which should expedite the process, foreclosure process, but there are obstacles to the sale. Court filings, legal motions, appeals and bankruptcy filings slow the process to a crawl! During this stage the home falls into total disrepair! When a foreclosure finally comes on the market, it is usually neglected and in need of a lot of work! So what about short sales?
Georgia mortgage lending in the last few years had a very large percentage of 100% non money down borrowers that purchased homes with "teaser rate" mortgages! These mortgages re-set, and after an initial low monthly payment, re-adjust to a much higher monthly payment that is unaffordable to the home owner. Rising gas prices and energy cost may have pushed many homeowners over the edge and they are not able to repay the loan! Now what? Since there is no equity and sales prices are declining, the owners may owe more than they can sell the home for. Banks are willing to look at the offer rather than have buyers walk away! What if they petitioned the bank to help them out? Some banks may! This a short sale process! It is not so much the sales price of the home that a bank considers, but rather the carrying costs, and legal fees of vacant properties, vandalism, maintenance and declining appeal! Banks an lenders may also include in making that opinion is the number of homes in total home inventory and rising foreclosure inventory!
For the consumer they represent a better purchase, a home in better shape, and a quicker close! Short sales offer incredible great deals and opportunities for Atlanta home buyers!
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Looking for Atlanta short sales homes, distressed real estate, pre-foreclosed luxury homes, estate property, country club foreclosures, condos, lofts, town homes, new homes or other distressed properties for sale? www.AtlantaBestHomes.com is the best way to find Atlanta real estate foreclosure listings! Do you want a real bargain when buying a distressed home and properties that are selling at below market pricing? Well there are loads of great short sales homes and real estate properties for sale in the Atlanta area, and we've made searching for short sales homes, bank owned properties, Atlanta foreclosures, tax lien sales, pre-foreclosures and short sales a lot easier by allowing you to search for them in one place. On our site, search for short sales homes for sale all across the metro Atlanta area listed for sale on www.AtlantaBestHomes.com your one source for finding Atlanta foreclosure properties. Find Atlanta short sales homes, new homes, builder homes, condos, luxury town homes, lofts, hi-rise condos and ranch homes for sale here.
Banks, lenders relocation companies, and distressed home sellers are some of the prime sources of Atlanta short sales listings. We offer our services as buyers agents if you are interested in buying short sales homes and properties. If you need our services, please feel free to call if you want us to represent you when buying an Atlanta short sales home or property. Atlanta foreclosures: Atlanta, Alpharetta, Braselton, Brookhaven, Buckhead, Buford, Canton, Cherokee, Chateau Elan, Cobb County, Crabapple, Cumming, Dacula, Decatur, Dunwoody, Duluth, East Cobb, Forsyth, Gainesville, Grayson, Hamilton Mill, John's Creek, Kennesaw, Lake Lanier, Lawrenceville, Lilburn, Milton, Norcross, Marietta, North Fulton, Peachtree Corners, Roswell, Sandy Springs, Snellville, Sugar Hill, Sugarloaf, Tucker, Vinings, Woodstock, and South Forsyth County
Find a short sale home in Atlanta you like? Call Ellen Crawford CRS at (678) 595-5283 to view your dream home today.
Atlanta is also convenient to many other great Atlanta communities such as:Atlanta, Ansley Park, Downtown, In-Town, Midtown, Brookhaven Buckhead, Candler Park, Chastain Park, DeKalb, Morningside, North Fulton County, Piedmont Park, Poncey Highlands, Roswell, Sandy Springs, Grant Park, Inman Park, Lenox Park, Virginia Highlands. For more information on Atlanta homes, Atlanta Condos or Atlanta real estate please fee free to contact us!