Jennifer Bryant has made more than 30 offers on houses, mostly from her cellphone, in many cases without viewing the property. Buyers have the unique opportunity to pay below-market value for homes which wouldn’t be available to them under normal circumstances. Prospective buyers of foreclosed homes may be wise to submit bids on several properties at once, because it is possible for competing buyers to secure a property with a higher bid or an all-cash offer.
The inventory of existing homes for sale fell more than 20 percent in the year through April. Find Properties that match your search criteria and receive notifications when new homes hit the market. The idea is to stabilize neighborhoods – and markets – that were badly hit by the housing crisis, which in Atlanta resulted in an estimated quarter-million homes going through foreclosure in just a few years.
In the wake of the 2008 …