This is a supplement to the “Buying a Home” page above which gives you a lot of detail on the home buying process in Georgia.
As of today, December 28, 2010, there are 49,930 single family homes for sale in the Georgia MLS. 7,062 are foreclosures and 2,994 are offered as a short sale.
Buying a foreclosure in Atlanta can be a great way to get a new home for your family at a great price or it could be a good investment.
The main thing that you need to do BEFORE you look at the first foreclosure is to get you loan in place. This NOT just a prequalification, but complete your loan application with everything except the contract to purchase the home. If you are paying cash, get a letter from the bank or a current bank statement.
I recommend the following lender:
You may use the home search feature on this site of call us and we will do the search for you.
Happy New Year!
Jim and Judy Crawford
Dream Street Properties, LLC