![]() |
![]() |
![]() | |||||||||||||||||||||||||||||||||||||||||||||||||
![]()
|
![]()
For Buyers - About Foreclosures Nationally, it is being reported the number of foreclosures has been on the rise primarily due to high unemployment rates, struggling economy, etc. For the Atlanta area, some estimates indicate we will see over 100,000 properties listed as foreclosures by end of year 2009. Fortunately, many properties do not end up as a foreclosure being sold on the courthouse step. However, for those properties that do result in a foreclosure and are not claimed at auction on the courthouse steps / become REO (real estated owned by the lender) there are buyer / investment opportunities.
|