limacampusco…, Home Buyer in Atlanta, GA

Why these prices are so low now?

Asked by limacampuscovai, Atlanta, GA Sat Aug 3, 2013

This question was asked from…

Help the community by answering this question:


Check the demographics for the zip code and census tract. This is an area there the population lacks the income to afford market rent or has the ability to purchase. Lenders are unwilling to lend to in many condo developments, in this geographic area, and in this price point. The only potential buyer is an investor who understands the risks of this kind of investment and pays cash. When you only option is selling to a cash investor, this seller and you if you make such an investment have very limited options when it's time to sell, thus the low price.

Bruce Ailion,
RE/MAX Greater Atlanta
An Atlanta Real Estate Expert Serving Clients Since 1979
Certified Residential Specialist
Certified Real Estate Broker
Accredited Buyers Agent
MS Real Estate and Urban Affairs
Certified Distressed Property Expert
Certified Investment Agent Specialist
203K Certified Specialist
2050 Roswell Road
Marietta GA 30062
404-978-2281 Direct
404-386-3682 Assistant Robin
678-760-6266 Buyer’s Agent Adam
770-973-9700 Office
The Linked In REALTOR
1 vote Thank Flag Link Sat Aug 3, 2013
Hi, I am from India and a potential cash buyer. your assistance is sought to find a similar home for investment and rent
Flag Sat Aug 3, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer