Short Sales and Foreclosures
The word is officially out on Short Sales — “not for the faint of heart.” Even Clark Howard has been explaining on his show that short sales are better suited for investors than the typical home buyer. Why? Mostly because the outcome is so unpredictable–if you are really needing a place to move into sooner or later–you just don’t know IF the short sale will come to fruition or WHEN it will come to fruition. Investors on the other hand can wait it out — are not worried about having to move by a certain time or close by a certain date to get a better interest rate, etc.
Now Foreclosures on the other hand are very home buyer friendly. Local banks have been responding to offers within HOURS. They have also become much more reasonable in their expectations in my opinion and are even working with buyers on mortgage and inspection issues. The foreclosure homes of today are not like the foreclosure homes of the past. Many of these homes are newer and in excellent condition for the most part. Recently quite a bit of new construction has become available in the foreclosure market — with home warranties and all!
Call me for more information about short sales and foreclosures. Also if you would like to take advantage of the best housing market the Atlanta area have ever seen, call me and I will be happy to show you all the great deals that are out there right now! CELL #: 678-549-4949 …. EMAIL: sueboughton@remax.net. Don’t forget about the Fed and State Tax Credit –up to $9800 free money!!
affordable housing, foreclosures, home prices, lake allatoona, N. Georgia, north georgia mountains, short sales, Woodstock GA
