As posted earlier this year our government is attempting to make it easier to move short sale / foreclosure properties in the Atlanta market. As a listing agent with 5 short sale properties I can only say it’s about time. Each short sale / foreclosure comes with it’s own story in that some are investors, others [...]
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As printed in the WSJ **According to two new studies – one by John Burns Real Estate Consulting and another by S&P Financial Services – most efforts to modify loans with easier terms will delay, not prevent, the loss of homes to foreclosure. According to the John Burns study, the “shadow inventory” of homes expected [...]
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Short sale / foreclosure customer: A couple truths 1. Nothing in life is guaranteed 2. Read the fine print With this in mind and from the desk of a real estate agent (not an attorney) let’s break down negotiated deficiency judgements. At all times its best to make payments on your property and stay current [...]
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As posted at : http://www.debtkid.com/short-sale-vs-deed-in-lieu-what%E2%80%99s-your-best-choice Short Sale vs. Dee-in-Lieu of Foreclosure: What’s Your Best Choice? Homeowners facing foreclosure often have the option of selecting a short sale or a deed-in-lieu of foreclosure as a possible solution to their financial difficulties. Like most alternatives, both have their upsides and downsides. Understanding these options is the only [...]
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Many articles have appeared over the last few months about Atlanta builders struggling to survive in this depleted real estate market. In past blogs you will notice a trend with Atlanta homes builders in that many tried to save the values of their neighborhoods with hopes for the housing market to rebound. Bowen Family Homes, [...]
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From the AJC comes news of metro Atlanta homes sales showing an increase from previous months. As posted many times in www.JeffBarnwellHomesForSale.comthe trend of builder foreclosures, foreclosures, and short sales selling for huge discounts is starting to show on the national radar. Metro Atlanta had plenty of inventory to shed over the last year and [...]
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With recent changes in the appraisal procedures metro Atlanta home owners are concerned over slipping values in their neighborhoods. Are foreclosed properties included, are short sales really an arms lenght transaction? A recent article by the AJC shows one homes owners adventure when trying to refinance their Atlanta homes. My $290,000 homes is worth what?
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| 30 Year Fixed | 3.67% | |
| 15 Year Fixed | 3.00% | |
| 5/1 ARM | 2.72% | |
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