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In Metro Atlanta, home prices are at record lows. Many homeowners are missing the boat on buying these deals because it would be difficult to qualify for a new mortgage when they currently have a mortgage. They cannot sell their home outright because the home is upside down, meaning they owe more than the home is worth. If they sell via short sale, they will have to wait a few years to buy again (there is an exception, but it is rare).
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Find GA real estate agents and Douglasville real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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