Atlanta Homes, Buckhead Homes and Real Estate » REO Properties

Buckhead Foreclosure Homes

admin — Sat, 13 Feb 2010 03:51:41 +0000

I get asked, a lot, about foreclosures, bank owned properties, and REOs. I’ve written a lot about foreclosures in the past, and the articles always generate lots of web traffic. I don’t blame folks for being interested in them, as they can be some great opportunities. I’ve represented clients in purchasing bank owned homes and recently bought a foreclosure in Buckhead for my family.

Just because it’s a foreclosure doesn’t mean it’s a great deal; banks can overprice a home just as easily as an individual. If you find a property that has a competitive price, and you would like to make an offer, then get prepared for a lot of patience. The banks can be slow, difficult to deal with and they’ll make you sign a one-sided contract.

If you would like to see some of the Buckhead forclosure homes currently for sale, then review the up-to-date list below. Please give me a call and I’d be happy to discuss these homes , schedule appointments and develop a foreclosure strategy with you. I specialize in Buckhead homes and have a thorough understanding of its market.

Showing properties 1 - 5 of 6. See more Buckhead Foreclosures.
(all data current as of 2/7/2012)

$225,900 : 1380 Battleview Drive, Atlanta

3 beds, 2 full baths

Home size: 1,986 sq ft

Square foot source: Tax Record
$606,620 : 1339 Beechwood Hills Court, Atlanta

5 beds, 4 full, 2 part baths

Home size: 5,961 sq ft

Square foot source: Tax Record
$1,999,999 : 4190 Harris Trail NW, Atlanta

6 beds, 7 full, 3 part baths

Home size: 9,106 sq ft

Square foot source: Tax Record
$349,900 : 128 E Wesley Road NE, Atlanta

3 beds, 2 full, 1 part baths

Home size: 2,234 sq ft

Square foot source: Tax Record
$1,699,000 : 105 Parc Du Chateau NW, Atlanta

6 beds, 8 full, 4 part baths

Home size: 11,964 sq ft

Square foot source: Tax Record

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Bank Owned Properties For Sale

admin — Thu, 11 Feb 2010 22:01:39 +0000

I get asked about foreclosures, REO and short sale properties all the time. So, here is a list of all the current listings, in north Atlanta, over $400,000, that have been identified as bank owned, in pre-forclosure or short sales. Keep in mind, the list will not be exhaustive, because some owners and agents choose not to disclose this information in the Atlanta FMLS, REALTOR database.

If you would like to see some of the foreclosures, REO and short sale homes currently for sale in Atlanta, then review the up-to-date list below. Please give me a call and I’d be happy to discuss these homes with you; or schedule an appointment. I specialize in North Atlanta and have a thorough understanding of its market. There might also be some short-sale opportunities, not formally listed, made available to select Buckhead agents and our clients.

Showing properties 1 - 5 of 78. See more REO Atlanta.
(all data current as of 2/7/2012)

$4,400,000 : 205 W Paces Ferry Road NW, Atlanta

7 beds, 7 full, 1 part baths

Home size: 10,000 sq ft

Square foot source: Builder
$2,750,000 : 831 Mount Paran Road NW, Atlanta

8 beds, 9 full, 4 part baths

Home size: 10,695 sq ft

Square foot source: Tax Record
$1,999,999 : 4190 Harris Trail NW, Atlanta

6 beds, 7 full, 3 part baths

Home size: 9,106 sq ft

Square foot source: Tax Record
$1,899,900 : 775 Riley Place, Atlanta

8 beds, 7 full, 5 part baths

Home size: 12,082 sq ft

Square foot source: Tax Record
$1,800,000 : 500 Belada Boulevard, Sandy Springs

6 beds, 6 full, 2 part baths

Home size: 9,600 sq ft

Square foot source: Builder

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Zombie Subdivisions

admin — Sun, 09 Aug 2009 03:00:53 +0000

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 be changing any of the subdivision names to “Dawn of the Dead.”

While there might be small examples of the “zombie” phenomena in the immediate Atlanta suburbs, like Dunwoody and Sandy Springs, it’s more common in the fast-growth counties. Here is an excerpt from an article in the AJC on the huge volume of vacant subdivisions in metro Atlanta.

To say the market has been sluggish would be an understatement. The main problem is sheer volume – a staggering 150,000 vacant housing lots across metro Atlanta are available, more than a decade’s supply at current absorption rates.