REDC Atlanta Home Auction Leaves Today!!! BUT, THE GOOD DEALS DON'T!!!!!
So, the last day of the REDC Atlanta Home Auction is today. Many thought the past few weekends were going to bring them their deals of a lifetime, but several people bought homes only to find out that they didn't get what they paid for and often OVERPAID in many cases (not to mention all the work that will have to go into them being livable again).
Actually, I had two people call me this weekend after they went to the auction and said that their bids were not accepted by the bank. Therefore, they spent all their time at the auction, and made sure they were pre-approved, followed all the auction guidelines only to find out they never had a chance of getting that home at the price they were willing to pay for it....kinda sounds similar to what's happening in Atlanta short sales too.
As an owner of 5 properties bought at the REDC auction, I know first hand the good, bad and UGLY about buying auction homes. I also know that on 4 out of 5 properties, I over paid!!!! Those mistakes cost me, but I will never make them again and have spent the last 5 months correcting those errors by seeking the ABSOLUTE BEST POSSIBLE WAY to buy houses for under market value....And, I have to admit, I've gotten VERY good at it. Just see what some of my past clients are experiencing.
BUT, DON'T DESPAIR, despite that the Atlanta Home Auction has left, the Atlanta Home Deals HAVE NOT.....for now!!!!
Atlanta real estate saw a 1.5% increase in home prices from last month to this month after a seven month decline. This 
is indicative that we are at or near the bottom of the Atlanta Housing Market.
There are still record number of Atlanta foreclosures and Atlanta Short Sales still on the market....Oh, yeah, and there's still record number of distressed properties just WAITING to get picked up by the savvy Atlanta home buyer.
There's still time to capatalize on the GREAT buying opportunity the Atlanta real estate market currently offers. So, GET EDUCATED and PROCRASTINATE LATER. You don't want to be a part of the "shoulda, woulda, coulda" group when these deals are no longer available!!!!!!
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