Metro Atlanta, Gerogia Real Estate Market, North Georgia, REO Sales

Metro Atlanta Foreclosures hitting the roof
November 14th, 2007 1:06 PM

Mark Kimball a REALTOR in the metro Atlanta area has picked up on the trend in mortgage Foreclosures that we are hearing about every night on the news. . When Mark saw zero-intrest loans and other enticements were pulling previously unqualified individuals and families into homeownership, he knew that the day would come....and it is here and not going away for some time.

 

Mark Kimball is a REO REALTOR Specialist and helps Corporations, Asset Management companies market and sell the REAL PROPERTY OWNED. Mark also does BPO services for companies that own  or are a thrid party to sell off the inventory. Mark says that we have had a boom and now the curve has U-shaped NAR estimates delinquencies will increase over the next nine months and foreclosures will continue to rise over the next 12 to 18 months. 

 

Mark Kimball can also help those that maybe close to losing their home in what we call a "short Sale" Eventually most homeowners facing foreclosure resign themselves to the fact that they're going to have to sell their home and at that point that is were I maybe able to help them . A short sale is not always the best way but it is a way.Mark says he has to work with the lenders and see if they are even willing to take less than the balance owed on the property. I think that even the most complicated problems can be solved through soilid negotiations and perseverance, and that I 've even seen The IRS release some property liens.


Posted by Mark Kimball on November 14th, 2007 1:06 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Homestead Properties, LTD 222 E. Main Street Cartersville,, GA 30120
Phone: Fax:

1031 Tax Deferred Property Exchange | Active Adult Living | Buying Foreclosures/REO's | Fixer Uppers | Mark's Blog

Copyright © 2010 Homestead Properties, LTD
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: