Foreclosures Hit 5 Year Low

Friday, October 12th, 2012

Foreclosure filings were at their lowest level in five years last month, according to a new report by RealtyTrac, an online marketer of foreclosed properties. Foreclosure filings were down 7% in September from the previous month and were down more than 16% from a year ago. That’s the lowest number of filings since September 2007. […]

Looking to Buy a Foreclosure

Friday, June 8th, 2012

If you’re looking to buy a foreclosure, you can easily view Atlanta foreclosures that were listed in the last 2 days by using this link on our website: New Atlanta Foreclosures You can also find other easy pre-set searches on our website on the Top Picks page.  Once there, you can view homes by neighborhood […]

Proposed Bill to Speed Up Short Sale Process and Prevent Foreclosure

Friday, March 9th, 2012

Could we possibly see the short sale process speed up? If Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) get their way, that just might happen.  The bill, known as the Prompt Notification of Short Sale Act, addresses the issue of short sales timelines and was proposed on February 17.  A short […]

REO sales may not peak until 2013

Friday, October 21st, 2011

According to an article by Jon Prior, the sale of properties repossessed through foreclosure may not peak until 2013. Nearly half of the more than 552,000 REO properties liquidated in the first half of 2011 were held by private banks. In the years ahead, the government — including the Department of Housing and Urban Development, […]

First Time Homebuyer Series – Part 5A: Foreclosures

Wednesday, February 23rd, 2011

In today’s real estate market, everyone wants to know about foreclosures. These are the most common distressed properties, and they are usually associated with “getting a good deal”. Distressed sales now make up a sizable chunk of the market, so it makes sense to be educated on these properties. When you hear someone say they […]

Property Owners Overcharged

Thursday, February 18th, 2010

A report to be released today commissioned by the Atlanta Neighborhood Development Partnership will release information that supports the findings of an AJC investigation that was published in a series of articles in December. The findings confirm the report that tens of thousands of homes were overvalued last year by county tax assessors. This report […]

10 Offers on 1 Foreclosure

Wednesday, November 18th, 2009

Being a Realtor, the thing I hear constantly from prospective buyers is “I want to look at foreclosures.” Everybody seems to be looking for that foreclosed home that is at the perfect price and needs next to no updates to be a great, move-in ready home. Buying this home is easier said than done. People […]