by Atlanta Short Sale Agent on September 11, 2009
Are you missing out on moving up? or are you upside down in
Hamilton Mill?
15 homes for sale in Hamilton Mill are currently listing for Short Sale. In addition, about half of them are listed by agents that have never closed a short sale! How scary! it must be for the homeowners.
Since June, 2 homes have closed that were short sales.
Hamilton Mill in Dacula is a great community and will rebound in the coming years, but right now you can get in as low 209K! That’s outstanding when you consider the highest price home is $1.1 Million.
Either way, you know who to call for the best deals in Hamilton Mill – The Jarvis Team.
by Atlanta Short Sale Agent on March 2, 2009
That’s kind of the point of a short sale. The bank is going to take less than what they owe. Most GOOD short sale specialists will negotiate with the bank so that the owner doesn’t owe anything else once the short sale is complete. My question is, what difference does it make if you have an offer?
Obviously, the bank is not stupid… or is it? Have you watched the news!?
If the Bank is going to take 90% of what the house is worth and the home is worth $300K, then a $270K offer isn’t low balling, it’s legitimate.
Now some banks will take less than that. Some may agree to 50%. You never know unless you ask.
Real Estate Agents care, because their commission goes down. If you are offerring 50% of the list price, their commission just went down by 50%!
Home Owner shouldn’t care, but if they do it’s due to a lack of understanding.
So yes, I have Atlanta Short Sale Listings and yes, my clients get low balled… and they love it!
Because ultimately they close!
