Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

The Bank Is KILLING My Neighborhood's Value!
I hear versions of this lament on a regular basis in the South Metro Atlanta neighborhoods that I serve as a short sale specialist. 
So, I'm happy to be able to share this pithy post from the Spear Team.
The best way to protect your community's home values is to  be proactive in helping your neighbors or yourself discover all the options available to avoid Georgia foreclosure..... but that another post altogether.
For now, please enjoy this re-blog and spread it around.
The Bank Is KILLING My Neighborhood's Value! Dear Liz, A foreclosed home just went up for sale in my neighborhood and the price is LOW!!!   REALLY LOW!!! They're going to destroy our neighborhood property values!!!  What's the deal with that?  What's the bank thinking??? Signed, Distressed About Distresseds Dear DAD, There's a whole host of reasons behind that price!  And while you may not like that price, the bank has only ONE interest and that's it's own self-interest.  A home is an asset or a deduction on some accountant's spreadsheet.  A liability that the bank is responsible for until it's sold to someone else. So while that home is sitting there unoccupied, it's deteriorating.  We've visited MANY foreclosed homes and ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention