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December 2014 Sandy Springs Short Sales Recap

By
Real Estate Agent with Atlanta Communities

It’s time to recap Sandy Springs short sales for December 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. The Mortgage Forgiveness Debt Relief Act has been extended at the last minute for 2014. This really shouldn’t have any impact on short sales and foreclosures, but could create a political firestorm as forgiven debt will be taxable again in 2015.

In December, Sandy Springs short sales activity was:

  • 1 active homes
  • 5 pending homes
  • 1 closed homes
  • 4 active condos and townhomes
  • 17 pending condos and townhomes
  • 3 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.