Special offer

Incredible Foreclosure Deal in Reynoldstown Section of Atlanta

By
Real Estate Agent with Atlanta Communities Real Estate Brokerage GREC #208281

I just saw the deal of the year.  A home that I had tried to sell 3 years ago for $450,000 went into foreclosure and just got listed for $152,000. 

This home was built in 2004 on the foundation of an old home.  It was built in the craftsman style of the original home so it fits in well with the neighborhood of older homes.

The original owner bought it for $430,000 in 2004.

It is a really nice home.  I would say that it is probably worth $350,000. 

I called the listing agent and they said they received two offers on it but there is time to submit another.

I don't know what it will take to be the winning offer but if you got it for $300,000 it would be a great bargain.

If you are interested in more details, give me a call.  You'd probably have to put in an offer by tomorrow.

Posted by

 

 

About the Author:  Tim Maitski has been a full time Realtor since 1999. He has sold several hundreds of homes in areas around metro Atlanta.  Tim started with RE/MAX Greater Atlanta and is now with Atlanta Communities Real Estate Brokerage.

 

Along with blogging on ActiveRain, he provides one of the best real estate websites in Atlanta at www.HomeAtlanta.com .

 

His proprietary  "Maitski Line Reports" chart out the absorption rates over the past 14 years in 37 different market areas.  Know when it's a good time to buy or a good time to sell.    

 

His online Property Tax Calculator allows you to compare property taxes in many counties and cities around the Atlanta area.  He provides the Atlanta MLS Power Search Tool that allows searches of homes using over 35 specific criteria.

 

Over the years, Tim has optimized his business so that he now can offer a huge 50% commission rebate to his buyers.  The more experience one gets, the easier the job becomes.

 

Tim also has a "Five Days to Sold" System that uses an intensive marketing blitz to create a showing frenzy that creates urgency and offers.

 

Tim is always looking to LinkIn with anyone who is interested in building their social network.

 

View Tim Maitski ●Atlanta Realtor●'s profile on LinkedIn

Laurie C. Bailey-Gates
Robert Paul Properties - Barnstable, MA
ABR, SFR

So, I think you should consider buying it - it sounds really good -

Nov 19, 2008 08:28 AM
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Broker - Seniors Real Estate Specialist Novato

This sounds like a great deal Tim. Do you really think it will go up to $300k?

Nov 19, 2008 09:16 AM