The stigma of foreclosures in Atlanta GA is beginning to wear off and today this is one of the most asked about types of real estate on the market. Previously associated with low-quality, poor condition homes, today foreclosures can include everything from upscale condos to the most opulent luxury residences. If you are searching for discounted properties that offer unmatched future value, bidding for a distressed property may be an incredible opportunity.
In essence, a foreclosure is a property that has been repossessed by the bank. When a distressed homeowner defaults on their mortgage, the ownership of the property reverts to the lender – the conundrum however is that banks are ill equipped to manage properties. The banks are unable to manage, repair, and market the large amount of foreclosure inventory. Because of this, experienced agents like Michael Brock are hired to sell the properties. The prices of these properties are significantly reduced below market value so that they will sell quickly. An experienced foreclosure agent in Atlanta, GA can help buyers find amazing homes at significantly discounted prices. A Realtor® like Michael Brock also has access to many of these homes before they are marketed to the public.
Foreclosures in Atlanta Georgia
Michael Brock is a distressed property specialist that has managed countless successful foreclosure transactions, providing advice for both buyers and homeowners. If you are in need of a reputable and reliable advisor, he will walk you through the current market of foreclosures in Atlanta GA and take you through the many steps of coordinating a smart long-term investment. If you can’t find what you are looking for here, widen your parameters to include REO and short sales, look at suburban communities and search for Marietta foreclosures as well.
To begin your search for foreclosures in Atlanta GA, connect with Michael Brock today.