From commercial properties to multi-million dollar mansions down to small 2 bed, 1 bath cottages, it appears that there are still plenty of foreclosures and thus potential investment properties available across metro Atlanta and the entire state of Georgia.
FED Says Atlanta, GA Prime Target For Converting REO’s To Rentals
January 11, 2012 by
A recent Federal Reserve report points out that Atlanta, GA is a prime candidate for a conversion program to turn those REO properties into rentals. The objective would be to cause rent rates to fall, while perhaps helping home prices increase or at least stabilize, for owner-occupant purchases.
Short Sales Activity Shows Dramatic Increase
August 26, 2011 by
Realty Trac has released a new report indicating that banks are finally becoming more willing to discount pre-foreclosure properties, and short sell them, rather than continue with the foreclosure process. Prior to the housing market crisis, short sales were a relatively rare item. Most folks had never heard of them. They were rarely agreed to
