You may have heard the new F word that is seeping through the real estate industry and trickling down to Lake Martin – Foreclosures! A lot of folks ask me if Lake Martin has as high a foreclosure rate as the rest of the nation.
First of all, I must give a huge hat tip to Kevin Warmath on his blog LiveInAlpharetta. I read this post on Alpharetta Foreclosures of his a few weeks ago and I loved his “new F word” phrase I had to use it:
“While a lot of sellers want to use the real ‘F’ word for this real estate market, my ‘F’ word in this market is Foreclosure. Everyone is fixated on Foreclosures. Last week alone, I had three people contact me out of the blue looking for Foreclosures…looking for a deal.”
Back to the local question:
Are there many Lake Martin waterfront homes in foreclosure sale right now?
Short answer: no.
Long answer: Click here
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