foreclosures in atlanta: Institutional Buyers Belly up to the Foreclosure Buffet Table
- 04/02/13 03:25 AM
Sometimes a video is worth 1000 words - like this WSJ one focused on corporate investors at a recent Gwinnett County, GA foreclosure auction. Institutional investors have an appetite for real estate - at least now anyway - and that is causing consternation with home buyers and "regular" investors as well. We might all lose our appetites when they find somthing else, something easier, and cut and run. It's old news by now; Investor Groups Hoarding Homes Under $150K in Atlanta. In some areas, we're seeing investors reaching into the mid to upper 200K range as well. Their impact is directly felt by … (1 comments)
foreclosures in atlanta: 32% Say OK to Walk Away, 36% Say OK to Poor Credit - Oh Boy
- 10/11/12 04:15 AM
Thirty-two percent of Americans surveyed say home owners should be able to strategically default on their mortgages without facing any consequences for doing so, according to data compiled by JZ Analytics. What’s more alarming, 13 percent say they would likely strategic default and another 17 percent say they know others who have already walked away from their mortgage obligations. Thirty-six percent of Americans surveyed also said they believe it’s acceptable to have a poor credit score. "What jumped out is how many Americans feel it is acceptable for home owners to walk away from a mortgage and go into foreclosure,” says … (3 comments)
foreclosures in atlanta: Facing Foreclosure? Here are Some Options
- 08/20/12 12:21 AM
No one wins in a foreclosure situation. Lenders do not want to lose money, owners do not want to lose their home, and neighbors do not want to watch their home values plummet. If you are a homeowner currently at risk of not paying your mortgage, below are options you may want to know about: Short Sale: Your home is put on the market and is sold for less than what is currently owed. The lender must agree to the short sale, and may do so if they feel it is better for them financially than to proceed with a foreclosure. … (1 comments)
The HMT blog is written by Hank Miller of The Hank Miller Team. He is a licensed broker and certified real estate appraiser in the state of GA. Since 1989, real estate has been his full time occupation and Hank consistently ranks at the very top of Atlanta area agents in overall production. He is known as much for his attention to detail as he is for his candor.
Sometimes a video is worth 1000 words - like this WSJ one focused on corporate investors at a recent Gwinnett County, GA foreclosure auction. Institutional investors have an appetite for real estate - at least now anyway - and that is causing consternation with home buyers and "regular" investors as well. We might all lose our appetites when they find somthing else, something easier, and cut and run.
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