Whether your are an investor, first time home buyer or just looking for a rental property, foreclosures are a great option. Before you begin the search for a foreclosure, keep the following items in mind:
1) Are you pre-approved? Bank-owned homes require a pre-approval letter with an offer
2) Plan to have some money set aside to address home repairs -- a high percentage of foreclosed homes require repairs.
3) All (or most) of the foreclosed homes are sold "AS IS" and you are not able to ask for repairs. As part of your contract, you will have a due diligence period that allows you to have the home inspected. Prepare to spend at least $400 for a professional home inspector.
4) Make sure you are represented by a licensed REALTOR with expertise in foreclosed properties. Buying a foreclosed home is a bit more challenging and you need a knowledgeable professional by your side.
To help simplify your search, I've created at one-stop source for all the foreclosures in Metro Atlanta.
** PLEASE NOTE THAT THIS IS UPDATED DAILY **
Search for foreclosures in a specific Metro Atlanta county:
Looking for foreclosures in a specific Intown Atlanta neighborhood?
PLEASE REMEMBER THAT THESE ARE UPDATED DAILY, SO BOOKMARK THIS PAGE!
If you have questions or need assistance, please call
Kerry Lucasse at 404.432.1844