A few myths about Atlanta Foreclosures….

1.) banks are not negotiable.
This is false…Most banks holding these properties are public companies and have shareholders to answer to. These properties need to be sold and moved off the banks books…Don’t be afraid to make an offer. You never know how that banks asset manager is feeling that day.
2.) Foreclosures are in terrible shape.
Not always. I have been in many foreclosure properties that are super clean, move in ready and nicer than regular listings I have through.
3.) You cannot inspect a foreclosure property if you buy it.
This is incorrect. The majority of the time you can inspect a bank owned or short sale property but on the flip side the majority of the time the bank will not repair any of the items that you have found defective.




Hi Ian, just wanted to let you know about WSB Radio host Ilyce Glink's foreclosure event in Atlanta in the fall.
Check out http://thinkglinkforeclosure.eventbrite.com or email me directly at Jenn@thinkglink.com for more information.