According to a survey by the Mortgage Bankers Association, one in eight Georgia mortgage holders were in pre-foreclosure in the fourth quarter of 2008. While most of the foreclosures are happening on the south side of Atlanta, there are still some great deals in Buckhead and north Atlanta.
You can get limited access to a website that I subscribe to through the Atlanta Journal Constitution. It’s called EquityDepot, and it provides pre-foreclosure information on Metro Atlanta homes. I’ve written about short sales and pre-foreclosures on my website. The AJC also has a great description of the whole pre-foreclosure / foreclosure process.
Here is the link to the AJC’s foreclosure page.
If you have any questions about the pre-foreclosure, foreclosure auction, or post-foreclosure process, and how you might find a good deal on a home in Buckhead or Metro Atlanta, please call me.
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