Home > Blogs > Eric Reid > Georgia Real Estate

Short Sale Decatur, GA 4 bedroom 2 Bath Reduced today by 40K

By Eric Reid

Real Estate Agent with Renaissance Realty Group of Keller Williams Atlanta Partners

February 26, 2008 11:34 AM

122 Lenore Street, Decatur, GA

Offered Below Bank Payoff. Great Opportunity in Quality Neighborhood.

4 Bdrm Single Family House

offered at $315,000

Year Built	1948
Sq Footage	2,538
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	1 Car garage
Lot Size	.6717 acres
HOA/Maint	$0 per month

DESCRIPTION

Great potential in a great neighborhood and location. Some cosmetic work will make this huge ranch a spectular home. Selling as a Short Sale, priced below bank payoff. Large family room includes buffet bar. Formal living and dining rooms.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Hardwood floor
Tile floor	Family room	Living room
Bonus/Rec room	Dining room	Dishwasher
Stove/Oven	Attic	Laundry area - inside
Balcony, Deck, or Patio	Yard

OTHER SPECIAL FEATURES

24-hr Recorded Info: 1-800-214-4994 code: 3191

ADDITIONAL PHOTOS

Comments(2)

Comment

Show All Comments

Sort:

Elizabeth Weintraub Sacramento Broker

Elizabeth Anne Weintraub, Broker - Sacramento, CA

Put 40 years of experience to work for you

Hi Eric: So do lenders in your neck of the woods ask to see a copy of your listing agreement? Do they look on MLS to see how you advertised the home for sale? Do you suppose they ever say to themselves, "Hey, this listing agent didn't give us a fair shake on pricing?" Just wondering. Lenders in California are much less likely to accept a short sale if they feel they have been short-changed by the agent's initial marketing. Of course, if the lender has already approved the short sale, then it doesn't matter.

Feb 27, 2008 12:59 PM

Eric Reid

Renaissance Realty Group of Keller Williams Atlanta Partners - Lawrenceville, GA

I list the home at market value for 30 days and the move forward from that point. Often sellers are upside down by no less then 20% of value.

Feb 27, 2008 01:31 PM

Short Sale Decatur, GA 4 bedroom 2 Bath Reduced today by 40K

Comments(2)

Eric Reid

Real Estate Resources

Additional Information