Browsing All Posts filed under »Foreclosures«

8 Tips When Buying Foreclosures (Debra Dent)

February 3, 2011

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Debra Dent, Buckhead Office, REALTOR® Lots of savvy home buyers want to hit the jackpot and buy that Bank Owned Foreclosures, many of which are often under-priced. When banks price bank owned properties under the comparable sales, multiple offers are often the response. This means you could be up against stiff competition for that bank-owned […]

Atlanta Residential Real Estate Market Update

October 6, 2010

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David Boehmig, President of Atlanta Fine Home Sotheby’s International Realty, delievers a timely report from the Brownstones at Habersham that focuses on upper tier priced homes in the Metro Atlanta area.  David is seen here with postive news regarding the Atlanta market recovery.

Unbeatable value: Bank-owned Townhomes in Buckhead (PREVIOUSLY LISTED)

August 5, 2010

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 Just reduced! You can now own at Brownstones at Honour for 50% the orginal listing price!  A luxury estate home development of 14 gated townhomes located in a signature Buckhead location.  Remaining homes at Brownstones at Honour are now bank owned, offering incredible pricing, reduced $500,000+ from original prices, with the full support of the […]

How foreclosure impacts your credit score (Robin Ives)_

June 1, 2010

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Submitted by Robin Ives; extracted from CNNMoney.com. If you’re delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much? Until recently, those answers were hard to come by. Credit bureaus were uncommunicative about expressing, in points, just how much impact different foreclosure types of mortgage delinquencies have […]

Quick Sale (David and Stacey Kaufman)

February 25, 2010

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By SUSHIL CHEEMA of the Wall Street Journal. Submitted by David and Stacey Kaufman, REALTOR®, Atlanta Fine Homes Sotheby’s International Realty Patrick McAllister and Lisa Cox sold their Seattle home just days after listing it.  Want to know the big secret to selling a home quickly?  Make it look pretty.  Patrick McAllister and his wife Lisa Cox […]

Show Me the Foreclosures (Debra Dent)

February 24, 2010

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Atlanta Fine Homes Sotheby’s International Realty is taking on the current foreclosure crisis by introducing a new service for buyers wishing to purchase exceptional foreclosed homes.  REALTOR® Debra Dent has created ShowMeTheForeclosures.com, a free website designed to help buyers find and purchase foreclosed properties.   “We understand that many buyers try to find foreclosed homes on […]

Treasury Department unveils new rules about 'short sales'

December 7, 2009

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Submitted by Lisa Bennett, REALTOR®, Atlanta Fine Homes Sotheby’s International Realty The change would help financially strapped homeowners December 02, 2009, The Associated Press The Treasury Department unveiled sweeping rules this week to help financially troubled homeowners who need to sell but can’t get a price high enough to pay off their mortgages. Homeowners will […]

Foreclosures Can Offer Deals, but Buyer Beware

December 7, 2009

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Submitted by Bill Rawlings, REALTOR®, Atlanta Fine Homes Sotheby’s International Realty.   By TARA SIEGEL BERNARD,  Published: December 4, 2009 on the New York Times.com.  So you’re looking to buy a new home, and you think a foreclosed house may be the best deal. You’ve probably noticed, then, that many of the big banks’ Web sites are […]

Homeowners please be aware of the Georgia Foreclosure Law

September 10, 2009

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Submitted by Lisa Bennett, REALTOR Source: McCurdy & Candler LLC   Georgia is a title theory state, In Georgia; the borrower actually gives legal title to the lender through the instrument known as a “Deed to Secure Debt” or “Security Deed”. The lender actually owns the property until the debt is paid and allows the […]

Why do banks do short sales?

August 12, 2009

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Banks will accept short sales when the payments are late and homeowners can prove that they can no longer afford the property, some banks require the foreclosure notice to be severed while others require just a few payments to be late. No specific number of payments must be delinquent; even one payment is enough at […]