Related Real Estate Articles
Information about foreclosed (REO/bank-owned) properties
Finding and Buying a Residential Lot in Georgia
It’s easy to want instant gratification. Give us exactly what we want exactly when we want it. Unfortunately, it can sometimes be difficult to find a house with just the right features in the ideal location at a price we can...
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Tips for Buyers of Georgia Foreclosures
During 2008, foreclosure rates in Georgia nearly doubled, which translates into more properties on the market, some at bargain prices. Foreclosures are sold through a bidding process, an auction or through direct negotiation with a bank.
Use...
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Should Georgia Real Estate Investors Buy Now ... or Stay on the Sidelines?
Many real estate investors might avoid “flipping” a house right now, buying it with the intent to renovate it and sell it quickly for a profit. While the purchase might be a bargain, selling the house in a slow market can take longer...
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Getting a Mortgage on Bank-Owned Real Estate: Any Different Than a Traditional Purchase?
One advantage of a bank-owned property, or REO, is that it's easier to get ‘clear title’ than some other foreclosed properties. Typically, the bank will have negotiated with the IRS to remove any tax liens and paid any homeowners...
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Current Outlook for Georgia Residential and Commercial Real Estate
Residential Real Estate in Georgia
While Georgia’s residential real estate market did not get hit as hard by the housing slump as some other states, people in the Peach state have certainly felt their share of pain.
According to Dr....
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Effects of Excess Real Estate Inventory in Metro Atlanta and Surrounding Areas
While the home value bubble may have burst in Florida and California, the supply bubble in Atlanta has yet to pop.
According to Atlanta Federal Reserve President Dennis P. Lockhart, low-cost land and the highest rate of building permits in the...
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If I Buy a Bank-Owned Lot, Can I Build a House Quicker or Cheaper Given the Current Slowdown for Builders?
Just as many homes have gone into foreclosure, so have quite a few empty residential lots. Some of these are in prime neighborhoods or on pristine rural land. If you are purchasing a lot, current conditions could make this the ideal time to build...
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Georgia Housing Market: Poised for a Rebound?
The Georgia housing market has faired remarkably well despite the nightmare market conditions in other areas. With constant population growth in the Atlanta-metro area and the amount of land available around the state, home prices didn't peak as...
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Is Now a Good Time to Get a Great Deal on Real Estate in Georgia?
With increased home inventories and decreased home prices, now might seem like the perfect time to purchase a home. And it could be, if you can get the financing.
Due to the subprime mortgage crisis, some may find it more difficult to receive...
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Peoples Bank Announces New Web Site Listing, Promoting Georgia Foreclosed Properties
Instead of waiting for the government to issue a new “stimulus package,” Peoples Bank is doing its part to give Georgia’s economy a boost right now.
“We found ourselves with a growing number of foreclosed houses,...
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