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Sandy Springs Short Sales Update for May 2014

By
Real Estate Agent with Atlanta Communities

It’s time to recap Sandy Springs short sales for May 2014 and its impact on the current market. It’s important to understand the influence that short sales have on today’s market and to keep an eye on the market. Also, keep in mind that the Mortgage Forgiveness Debt Relief Act has not been extended. This really shouldn’t have any impact on short sales and foreclosures, but could create a political firestorm as forgiven debt is now taxable again.

In May, Sandy Springs short sales activity was:

  • 2 active homes
  • 13 pending homes
  • 1 closed homes
  • 10 active condos and townhomes
  • 17 pending condos and townhomes
  • 2 closed condos and townhomes

If you’re in the market for a Sandy Springs short sale, whether a single family home, condo or townhome, we’re here to help. Our team is led by a Certified Distressed Property Expert and experienced in the nuances faced when purchasing short sales. Protect yourself and work with the Sandy Springs short sale experts. Contact us today to get started.