Browsing All Posts filed under »REO/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 […]

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 […]

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 […]