Looking for great deals?
February 1, 2009 by Aaron Hofmann
Filed under Real Estate
Welcome back!

A day doesn’t go by that I haven’t talked to a buyer that is looking for, not just a good deal, but a great deal. Obviously, there are lots of good and great deals on the market, but understanding which ones they are and where they are is the key.
Certainly foreclosures and short sales can be a great source for deals. So what is the difference between short sales and foreclosures?
Atlanta Short Sales
Short sales are essentially homes that are expected to be foreclosed. The owners are being proactive and trying to sell their home before getting foreclosed. However, in order to sell the home quickly, they are trying to sell their home short of what they owe their mortgage company.
When you purchase a short sale home, you enter into a purchase agreement just like any other home purchase, with exception that the transaction is subject to lender approval since they won’t be repaid in full.
If you find that you’re in this situation, be sure to contact us to see if your home can qualify for a short sale and we can assist you in avoiding foreclosure. If you’re thinking about buying a short sale, give us a call and we’ll be glad to walk you through the steps.
For now, you can check out these Atlanta short sales:
- Atlanta luxury short sale homes, condos & townhomes
- Atlanta short sale homes, condos & townhome from $900,000
- Atlanta short sale homes, condos & townhome from $800,000
- Atlanta short sale homes, condos & townhome from $700,000
- Atlanta short sale homes, condos & townhome from $600,000
- Atlanta short sale homes, condos & townhome from $500,000
- Atlanta short sale homes, condos & townhome from $400,000
- Atlanta short sale homes, condos & townhome from $300,000
- Atlanta short sale homes, condos & townhome from $200,000
- Atlanta short sale homes, condos & townhome from $100,000
Atlanta Foreclosures
Foreclosures are homes that have been taken back by the bank, also known as REO properties. We find that some foreclosures hit the market at a very good discount and some are priced at market. The ones that hit the market with steep discounts are often gone within a week.
So if you’re interested in buying a foreclosure, it’s important to work with an experienced Atlanta real estate agent who can help you achieve your goals.
We’re going to attempt to make this easier for everyone to find great Atlanta foreclosures and Atlanta short sales over the coming weeks.
But for now, check out these:
- Atlanta luxury foreclosure homes, condos & townhomes
- Atlanta foreclosure homes, condos & townhome from $900,000
- Atlanta foreclosure homes, condos & townhome from $800,000
- Atlanta foreclosure homes, condos & townhome from $700,000
- Atlanta foreclosure homes, condos & townhome from $600,000
- Atlanta foreclosure homes, condos & townhome from $500,000
- Atlanta foreclosure homes, condos & townhome from $400,000
- Atlanta foreclosure homes, condos & townhome from $300,000
- Atlanta foreclosure homes, condos & townhome from $200,000
- Atlanta foreclosure homes, condos & townhome from $100,000
Be sure to contact us if you’re contemplating buying an Atlanta foreclosure or short sale. We’ll be glad to meet with you to discuss the risks and rewards of buying an Atlanta short sale or foreclosure.

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