marietta and east cobb foreclosures: Buying an East Cobb Foreclosure
- 05/26/11 06:06 AM
Are you looking to buy a foreclosed home in East Cobb? Nowadays, buyers are being drawn to the oversupply of foreclosures on the market hoping they can find a good deal. These deals are possible because overwhelmed lenders are stuck holding real estate that they don’t want. The only way to free up their balance sheets is to unload thousands of homes at discount prices. Remember, banks are in the money lending business, not the property management business. This means opportunity for buyers looking for a discounted home. It is not uncommon to find foreclosed homes being sold at 75-85% of … (0 comments)
Are you looking to buy a foreclosed home in East Cobb? Nowadays, buyers are being drawn to the oversupply of foreclosures on the market hoping they can find a good deal. These deals are possible because overwhelmed lenders are stuck holding real estate that they don’t want. The only way to free up their balance sheets is to unload thousands of homes at discount prices. Remember, banks are in the money lending business, not the property management business.
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