If you are searching for Atlanta short sales you have come to the right place. This specific type of real estate is known for its discounted prices but also for its numerous hurdles, all of which can potentially derail the transaction at any time. A distressed property specialist like Michael Brock will be able to manage all of the key steps of the process to ensure that you complete a short sale – whether you are a distressed homeowner or prospective buyer.
A short sale is the process where a distressed homebuyer in danger of foreclosure will partner with their lender to sell the property for less than the outstanding loan. When successful, the owner side steps the financial ramifications of foreclosure and protects their credit rating – and technically fulfills their fiscal obligations with their lender. It is important to note however that the lender must be involved with the short sale process from the start, and the first and final say of whether the sale is approved will be entirely up to them. A seasoned professional with longstanding connections and relationships with local lenders will certainly be an advantage during the entire process.
Atlanta GA Short Sales
Buying Atlanta short sales is much more complex than investing in a traditional property. But the advantages are numerous – the low prices allow investors to purchase a quality of property that may have seemed previously out of reach, and homes can be inspected prior to making a decision as well as purchased with a mortgage. Speak with a Realtor® to find out if this type of property is indeed for you.
For more information about Atlanta short sales, Alpharetta short sales and distressed properties throughout the area, contact Michael Brock today.
