Archive for Atlanta GA Foreclosure
Synovus Boldy Unloading Foreclosed Homes
Synovus, headquartered in Columbus, is aggressively unloading its repossessed homes throughout the Metro Atlanta area. I believe this will add pressure on the other Georgia banks that continue to carry a lot of home inventory on their books. There are still great foreclosure deals in Buckhead and the North Metro area. I’ve [...]
Zombie Subdivisions
As I’ve mentioned before, the outlying Atlanta suburbs have really been hit hard by the housing slowdown. The subdivisions that seemed to sprout-up overnight in Forsyth and Fayette county, are now being referred to as “zombie” subdivisions, where only a few homeowners sit among acres of vacant, bank-owned lots. Hopefully, the bankd won’t [...]
The Perils of Short-Sales
I’ve written about short-sales on this blog in the past. A short-sale can be a good alternative for all parties involved, but keep in mind, it can be a very frustrating experience. As a buyer, you are now negotiating with two (or more) parties; the homeowner and the lender(s).
The lenders can [...]
If you want a good deal, be prepared to act quickly
I work with some investors looking for high-end homes in Buckhead. There are some really good deals on premium, builder spec homes in Buckhead. There are also come great foreclosure deals. Frankly it’s because in the current market, few investors can secure financing on upper-level homes, so buying competition has been reduced. [...]
Short Sale Primer
I’ve written about short sales fairly extensively on this blog and have actually dealt with short sales and foreclosures more than a lot of my colleagues in Buckhead, Sandy Springs and Dunwoody. I have worked with clients in Buckhead and Sandy Springs who have tried to buy pre-forecosure and REO properties. I’ve seen [...]
The best foreclosure deals
While there are many different ways to find great foreclosure deals in Atlanta, one of my favorite places to look are builder spec homes. When buying a foreclosure you still have to rely on the most basic adage in real estate: location. I would be hesitant to buy a home in a development [...]
New Atlanta Home Search Software
I’ve recently purchased, for this website, the most comprehensive and intuitive home search software in all of metro Atlanta. The last couple of weeks I’ve been integrating the features into this website. This premium home search software is triple the price of other agent software solutions. I’m making it available for free, [...]
The one sided real estate contract
I’ve been blogging about my personal experience in buying a Buckhead foreclosure here in Atlanta, Georgia. There is so much to write about, it’s hard to know where to begin.
When we finally went under contract on a bank-owned foreclosure, it was just the beginning of our journey into the depths of anxiety. The [...]
Just bought a Buckhead foreclosure
I’ve written a lot on this blog about all of the great Buckhead real estate deals, especially the foreclosures and short-sales. Not only do I work with buyers in finding Atlanta GA real estate value, but I also recently became a foreclosure buyer. So when I tell my clients to have a lot [...]
Buckhead and Atlanta REOs
Obviously there are a lot of bank owned properties on the market. Some of the best REO deals I’ve seen in Buckhead, Dunwoody and Sandy Springs are unfinished rehab and builder spec homes. There are a surprising number of homes without kitchens, bathrooms and/or systems.
Even if you can find an Atlanta buyer, who [...]
