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February 2015 Update Alpharetta Short Sales

By
Real Estate Agent with Atlanta Communities

It’s time to recap Alpharetta short sales for February 2015 and it’s 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 was 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 February, Alpharetta short sales activity was:

  • 10 active homes
  • 12 pending homes
  • 2 closed homes
  • 1 active condos and townhomes
  • 4 pending condos and townhomes
  • 0 closed condos and townhomes

If you’re in the market for an Alpharetta 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 short sale experts.

Contact us today to get started.