newnan coweta foreclosure help: Unexpected Climb of NAR's Pending Home Sales Index - 09/03/10 02:01 AM
The National Association of Realtors has reported that pending home sales have increased 5.2%, which was mostly unexpected by some due to the dramatic drop of home sales in July....
Was it that unexpected???? Not really, in my honest opinion. In our local market, we saw a gigantic increase in pending home sales during the month of March. No big surprise since buyers in most markets took advantage of the tax credit - especially at the last minute. Simply stated, those who were able to purchase sapped up our existing inventory and those who weren't...didn't. However, they did go home and work on those … (3 comments)

newnan coweta foreclosure help: Another Short Sale Success Story......2628 Sherlock Dr, Decatur, GA - 09/02/10 06:17 AM
                                 
 
This spaciously beautiful 4 bdrm/ 2 bth brick ranch with a finished partial basement was originally purchased with an FHA mortgage for $131,000 in 2006. We were able to get the sellers into the FHA Pre-Foreclosure Sales Program and successfully sold the home for $49,900. The sellers received $900.00 back at closing to assist in moving expenses AND A FULL WAIVER OF DEFICIENCY. The buyer received 3% in closing costs. The seller now owes their mortgage company NOTHING!!!!
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