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Foreclosure in Ellenwood : Real Estate Advice

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  • Local Info8
  • Home Buying23
  • Home Selling2
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Activity 4
Tue Oct 18, 2016
Solomon Greene answered:
There are no HUD-owned homes for sale in Ellenwood at this time.
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Tue Oct 13, 2015
Karen Peyton answered:
Get in touch with a local agent who can monitor the property and inform you once it's for sale. From there, they will write the contract and submit "your" offer to the bank.

In the meantime, get pre-qualified for a mortgage if you will need one to purchase.

Best of luck!

K.
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Fri Jul 26, 2013
Arkla answered:
hello Lisa,
i recently just sold two of my properties in Ellenwood. Any housE that comes to the market that is descent is going to sell well over listing price$$$$..Most are sellinf $20k more than list price due to multiple offers W/ CASH BUYERS(HEDGE FUNDS/INVESTORS).....THIS IS A SELLERS MARKET NOW IN METRO ATL...The values have come back in BUYERS are paying crazy money for over priced properties...IF you can hold out 2yrs...i suggest you will find a deal pre-2008-10 sales....ITS GOING TO TANK AGAIN ...I PROMISE..THE ATLANTA AREA IS NOT AS STABLE ,AS 1 MAY THINK. I'M NOT UNDERSTAND HOW PEOPLE ARE PAYING $100K FOR A SHACK WORTH $60K AND NEIGHBORS THAT ARE UNKEPT....BE PATIENCE....


AS, MAY SURE YOU HAVE A SEASONED REALTOR THAT KNOWS THE AREAS YOU ARE CONSIDERING BUYING. YOU DON;T WONT TO PAY TOP $$$$ IN THIS INFLATED MARKET, AND A YR LATER YOU'RE UNDERWATER! EX..BUY TODAY @ $100K, YR LATER WORTH $60K, FORECLOSURES IN AREA TAKE PLACE SELLING SAME HOUSE/COMPS FOR $40K. I SEEN THIS HAPPEN! GOOD LUCK!
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