Kim Perez, Realtor

Hi Just Looking,
Paulding County is where you can get a lot of home for your money. Paulding is growing and constructing new schools, shopping areas, resturants, parks, etc, However, it has been undeveloped in comparision with other areas of metro Atlanta. Therefore, property was not as expensive for builders to purchase and the cost of homes is lower than areas like Suwannee etc. Of course, this is change as growth takes place, but standing inventory of new construction is and existing homes offer alot for the price. It is a beautiful area. Check it out! View listing on line. Feel free to use my web site. - Thu Jul 17 2008, 07:35

Hi Jason,

You do want to use an agent who is a member of the National Association of Realtors as well as a member of a local chapter. We hold ourselves to a high standard of performance. You want a Realtor that you can really relate to. You have to trust this individual is looking out for your best interest. The beautiful part is that the Seller pays for this service unless you buy a For Sale By Owner and most of them will deal with an agent who brings a ready and able buyer. You are smart to use an agent to guide you through the process. Finding a house is the beginning of the process, you still have a good deal more to consider before you sit at a closing table. If you are a first time home buyer, be on the lookout for news about passage of a bill introduced and passed by the House of Reps and is with the Senate. It could mean a large tax credit for 1st time homebuyers!

Since you have looked into Henry, you may want to consider going a bit north. Cobb County offers great schools and we have various price points that will surprise you. Cobb offers a family friendly lifestyle, good school system and fairly easy commute to downtown and the airport. Access is easy to 285 and Buford Hwy. If you have interest in Cobb County please contact me. We could have a conversation on how I can best help you and your family find the right home at the right price.

Good luck - Wed Jul 16 2008, 10:28

Hi Ga. Gril,
You will be most probably be forced to vacate the property. It sounds like the home will be sold on the court house steps. If the bank decides to take the house back into their inventory, they will then try to sell it as an REO. If a buyer buys the property at foreclosure they will want to take posession. The bank will not deal with renters they are just not in that business. A buyer might, but you would have to be present at the time of the sale and approach the buyer when sold. You certainly need to have an exit plan. If you can purchase the home, work it out now. The seller may qualify for a short sale and you maybe able to purchase the home for less than they would have sold it to you previously.

Good luck. - Wed Jul 16 2008, 05:52

Hi Scott,
I had to weigh in on this one as well. I work and live here in Marietta. If your heart is set on this property go ahead and submit an offer. The seller may consider it low-balling, but you should not over pay for a property just because a seller is unrealistic. If you use a Realtor, you may be able to illustrate, through this 3rd party, enough proof using comp prices, absorption rates, days on market vs. carrying costs, the seller has over priced the property. If the seller is still unrealistic, walk away. What you don't want to hear is "I need to get $$$ out of this property” that is irrelevant. What matters is what will it sell for, period. Once the seller sits on market for a long enough period they may come back and try to reopen negotiations. Meanwhile, look for something else. There are other opportunities! - Wed Jul 16 2008, 05:33

Hi Aj,
I agree contact a foreclosure attorney. If you have not yet gone into foreclosure work with your bank. They maybe willing to let you try and sell the home as a short sale or they maybe willing to work with you in another way till you can get back on your financial feet. There are many things the bank will want to document that you qualify for a short sale, but it is better than foreclosure for you, the bank, your neighborhood and the community. If you have any questions about what those documents/requirements would be contact me. - Mon Jul 14 2008, 12:55