Foreclosure Update - This Month in Real Estate from Keller Williams Realty
By Kerry Lucasse, Your Urban Nest Atlanta Real Estate Consultant
(eXp Realty - Urban Nest Real Estate Group)
The latest episode of "This Month in Real Estate" is out it covers the hot, hot topic of FORECLOSURES. If you are in the market for a new home, this is 'must see TV'. Take a peek... In addition to discussing the latest foreclosure rates, the video also offers tips for submitting an offer on a foreclosure, timelines and repairs. One tip that wasn't mentioned that I think is important -- especially in the Atlanta real estate market: Many of the foreclosure homes are priced significantly BELOW market value in order to generate multiple offers on the property. So if you are out looking at homes or condos with your real estate agent and find a property with a price that is too good to be true, sometimes it is. Over the last 18 months it seems to be happening more often than not on the...
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