The City of Alpharetta GA is one of the most affluent in the region, but the recent downturn in the national housing market has shown its effects even here. The number of distressed properties has increased and foreclosures, REO homes and short sales have in turn become an accepted part of the real estate lexicon. These are quickly becoming sought after properties. But Alpharetta short sales are becoming the preferred category for all buyers, lenders and homeowners because they offer discounted properties at a lower risk.
Alpharetta short sales are properties that have been put on the market by distressed homebuyers who wish to avoid foreclosure and are willing to sell their properties for less than the remainder of the mortgage. Prospective buyers gain from exceptionally low prices, and lenders and homeowners also get to benefit, as properties do not go into foreclosure and titles are transferred to a new owner. Buyers are also allowed to inspect the property as well as take out a mortgage.
Alpharetta GA Short Sales
Like the market of upscale Milton foreclosures and short sales, the selection of properties in Alpharetta is truly impressive. There is a wealth of upscale single-family homes, beautifully renovated historic properties, brand new construction and some of the finest luxury homes on the market today. The chance to purchase these homes at a heavily reduced price can be a once in a lifetime experience.
For more information about Alpharetta short sales, connect with Michael Brock today.
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