Hank
Your best bet is going to be a short sale or an extremely motivated seller. I am a Certified Distressed Property Expert, and have lived in Morningside since second grade. I have sold more real estate in the last 30 years in Mornignside and Virginia Highland then any other Realtor. I have no doubt I can find you your dream home.
Zac Pasmanick
the zac team@RE/MAX Greater Atlanta
1057 Ponce de Leon Ave, 30306
404 564 7272

Dennis,

I am a real estate agent and bought my primary residence in Virginia Highlands last year... and it was a foreclosure. As someone who is familiar with Morningside and Virginia Highlands, I can tell you that there aren't many foreclosures in the neighborhoods.

But I can also tell you that won't stop you from getting a good deal. And my guess is that it doesn't really matter whether you are buying an unoccupied home from a bank, or one from an individual - you want a great deal, right?

There are quite a few homes below the $400,000 mark in Virginia Highlands and Morningside these days. But what you consider a value will depend on what you want in a home. Drop a line if you want to talk about that.

Ben Hester
Keller Williams Realty Intown Atlanta
bensellsatlanta@gmail.com

I just finished an appraisal on a property on Virginia Ave. It was a preforeclosure. Let me know if you need more informations.

There is not much foreclosure activity in that area and when distressed properties do come available there it's very competitive.

Good luck.

Check out my web site http://www.LifeChangeLending.com. I have worked with banks for almost 20 years and I
am with Keller Williams (Rauls Group) just selected as runnerup for the best place to work in Atlanta
Atlanta Business Chronicle. I am also a Certified Distressed Property Expert.

Karen
678 777 5626

Dennis
I have lived, worked and played in VAHI for over 12 years and don’t plan on moving out anytime soon – it truly is one of the best neighborhoods in the ATL! That coupled with the fact that VAHI/ Morningside has not seen the drastic decline that some other intown markets have seen means the opportunities for foreclosures are going to be very slim. There is a much better chance that you will find a short sale, which still gives you a chance for a fantastic house at a discount price. As a Certified Distressed Property Expert, I specialize in handling those properties that are facing some kind of hardship, such as short sales and foreclosures. Depending on what type, style and size home you are looking for, there are some great opportunities in our part of town. Feel free to contact me to find out more! Good luck and, hopefully, welcome to the neighborhood!

Chris Yates
Keller Williams Realty First Atlanta
REALTOR, Consultant, ePRO, CDPE
chris.yates@kw.com
Twitter: @IntownATLRep

I live and work in the area and have sold many foreclosures over the last few years. There are many deals in the area...not all of them foreclosures as there was an amazing deal over there recently that was an estate sale. I would be happy to help you but would need more information and also would like to explain the foreclosure process for you as a buyer as it is somewhat different than a "regular" real estate transaction.

Let me know if I can help!

Laurie Cass http://www.LaurieCass.com
404-276-3610-cell
Re/Max Metro Atlanta

I have repreented purchasers on about 25 Intown Atlanta foreclosures in the past 3 years.

That submarket is not loaded with REO inventory, but many, many sellers are short.

What exactly do you want-architecturally?

Dimensionally?

How about level of finish?

What is your maximum price for a purchase?

I'm happy to help you-so is every other agent who answers this question!

Our team is CDPE certified (Certified Distressed Property Expert).
The key to dealing with foreclosures and short sales is not only knowing the terminology and knowing the ins and outs of the lender forms and requirements, but it's keeping the lines of communication constantly open and never quitting!

Feel free to call any time and certainly check out our website.

Tony Teixeira
770-851-5050/tony@muffleyhomes.com
text, e-mail or call any time

Hi Dennis,

I specialize in Buyer's Foreclosures as well as Short Sales. You can read some of my previous posts to get an idea of my experience. It is great for you to look for an agent that specializes in this area as it is truly a different animal altogether. There are many pitfalls that a buyer can fall into if they don't know what to ask or how to ask it. The banks have many different rules as well as their own contract/addenda that you will need a skilled agent to work through.

I love the Morningside and Virginia Highlands area! Great place to find a home as well as a foreclosure. You can search foreclosures right from my website.

Good Luck,

Lisa Allen, REALTOR
404-925-8261
Prudential Georgia Realty
LisasListings@att.net

http://www.LisasHomeListings.com

Dennis -

I'm a foreclosure appraiser for Fannie Mae and a broker that covers that area regularly - drop me a line if I can help.

Hank Miller, SRA, ABR
Associated Broker & Certified Appraisal
Prudential GA Realty
678-428-8276