flipping: Beware of the New Foreclosure Flippers - 10/08/14 09:54 PM
Increasing property values in Coweta County Georgia over the last few years have led to a new kind of property flipper and consumers need to be wary.
These marginal foreclosures are getting a fresh coat of paint, some new flooring, and a few new shrubs planted here and there and are being offered as renovated properties.
The sellers are the former lien holders of the property. Fannie Mae, in particular, now sees its portfolio of repossessed property as cash cows instead of white elephants.
Owners have a right to dispose of their property for any price they wish. There is no … (15 comments)

flipping: The new builder/developer model of 2011 yields higher profits with lower risks! - 04/06/11 01:22 AM
 
During the heyday of new home construction, builders and developers were transforming huge tracts of raw land into shiny new subdivisions rife with brand new abodes for the myriads of buyers that were eager to snatch them up as fast as they were built.
Those days are long gone, and now the tract builder has been replaced by entrepreneurs that see the glut of homes on the market as a business opportunity.
These savvy entities purchase distressed properties by the dozens, and restore them back into a marketable product that can either be sold at a profit or rented for … (16 comments)

 
Richard Weisser, Richard Weisser Retired Real Estate Professional (Richard Weisser Realty)

Richard Weisser

Richard Weisser Retired Real Estate Professional

Newnan, GA

More about me…

Richard Weisser Realty

Address: PO Box 848, Sharpsburg, GA, 30277

Office: (770) 827-6225

Mobile: (770) 827-6225

Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, and has been writing about Georgia Real Estate since 1999.

Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area.

Coweta Fayette Real Estate allows you to search the entire Georgia MLS for free with NO registration required!

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