Tips On Finding Atlanta
Foreclosures
With Instant Equity
Atlanta Foreclosures Are Hot!!! Savvy Real Estate Investors in the
south who desire to purchase heavily discounted properties, need to look no further than Atlanta foreclosures.
Even in today’s economic climate, the home of the Georgia Peach is the place to be, even if you are just getting
started in real estate investing.
It goes without saying that smart investors always look for deals with instant equity to invest their funds.
They also seek out properties that have better chances of being quickly picked up by homebuyers or other
investors. Atlanta Foreclosures puts you in a great position to do just that because you get to choose from a wide
array of properties.
The Atlanta Foreclosure Portfolio Is Enough To Make You Shout! At any given time the
Atlanta Foreclosure portfolio hovers around several thousand units which includes but is not limited
to:
- Apartment buildings
- Apartments
- Commercial Real Estate
- Cooperatives
- Duplexes
- High Rises
- High value homes
- Mansions
- Mini mansions
- Mobile homes
- Multi-family houses
- Offices
- Rental Properties
- Semi-detached dwellings
- Single family homes
- Storage facilities
- Terraced houses
- Time Shares
- Townhouses
- Vacant Land
- Vacations homes
- Warehouses
You can find deals by traveling up north to areas such as Buckhead, Sandy Springs, Alpharetta, Woodstock,
Norcross, Marietta and Smyrna. Conversely, you can search the south side from inside the perimeter all
the way down south to Riverdale, Union City, Peachtree City, Griffin and beyond.
The primary the drawing card of Atlanta foreclosures is triggered by the scaled down prices of the properties in
comparison to the price points in cites like Miami and New York. If you are looking for discounted real estate
investments, the percentages and price points in the Atlanta are sure to get you excited.
Get Half Off When You Buy Right
As quiet as it is kep, Atlanta foreclosures have always been priced at major discounts off the FMV
Fair Market Value. You never had it so good anywhere in the United States being that the primary reason for
investing in defaulted properties is to buy now and hold for the market to bounce back. And you know that it will
bounce back because history proves that we go through economic cycles. As you know, the most important issue about
any economic cycle is knowing when to buy, when to hold and when to sell.
You can make a cool forty to sixty percent profit or more in this incredible marketplace. The most important key
is knowing where to look for Atlanta foreclosures that have instant equity and low fix up costs. The good news is
you can become a member of organizations such as GAREI Georgia Real Estate Investors Association and get instant
access to the information that you need. GAREI focuses on Atlanta Real Estate Investing and once you join, you’ll
make some nice contacts, friendships and profitable networking partners.
Real Estate Is Still The Best Investment
It goes without saying that real estate is one of the safest investments when purchased properly, especially in
tough times. The strategy for succeeding has remained the same; buy low and sell high! This simple but effective
strategy allows you to make a sweet profit when the economy tanks and as the economy and real estate market bounces
back into shape.
There are numerous reasons why Georgia market and Atlanta Foreclosures are so investor friendly. You can look at
the ease in which deals can be done. Everyone involved in the process of the closing the deals want to see
them get done in an expedient manner. Most deals can be completed within thirty days. Others can be closed with
sixty days or less. The market moves at the right pace, which allows you enough time to perform your due diligence
prior to signing on the dotted line.
As far as finding the hot Atlanta foreclosures, you have numerous options.
- Atlanta HUD Foreclosures
- Fulton County Foreclosures
- Atlanta REO Properties
- City of Atlanta Foreclosures
- Bank REO Properties
- Atlanta Condo Foreclosures
- Atlanta Foreclosures For Sale
- Atlanta Foreclosure Listings
You can also contract out to a Property
Locator to work on a commission only basis. Most of those guys are great at sniffing out deals and they
are hungry because they want to eventually be able to fund their own deals. Every deal they close with you brings
them closer to their individual goals. It’s a win win situation.
You can subscribe to the companies that provide up to date foreclosure lists. You can run advertisements on
sites like Craigslist, BackPages and others. You can bid on properties at the courthouse.
Althought this next method is somewhat outdate; you can still look through the
various newspapers for properties. However, if you want to be on point speed wise, you need to grab your
list of Atlanta foreclosures electronically from a source that has proven to deliver.
Source: Joel Marks REODr.com
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