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352 University Ave SW, Suite W112

Atlanta, GA 30310

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**West End/Ashview Heights Saturday July 9th Home tour**

Good day Community-Neighbors and Realtor Friends: Please help us continue to revitalize one of NPU-T’s great communities. Ashview Heights Community Association has had a series of  “Committed to Community” weekends which have included neighborhood clean-ups, boarding vacant houses, mowing vacant lots, and working with the youths of MA Jones to paint street “greeting” signs throughout […]

Second Big Lender Stops Foreclosures

A second major mortgage lender, JPMorgan Chase, has stopped foreclosures so it can review loan documents for errors. “It will probably slow things down for a couple of months while these documents are reviewed,” said Rick Sharga, senior vice president at foreclosure listing service RealtyTrac Inc. “It won’t stop things.” But if Sharga is wrong […]

Man Pleads Guilty for Rigging Auctions

A Sacramento, Calif., man pleaded guilty Friday to rigging bids at public real estate auctions. Anthony B. Ghio admitted in U.S. District Court to being one of a group of speculators who agreed not to outbid each other at foreclosure actions. According to court documents, after the speculators’ designated bidder bought a property at the […]

Low-Ball Appraisals Cause Problems

Real estate practitioners in Nevada, one of the areas hit hardest by foreclosures, say low-ball appraisals are slowing sales and preventing recovery. Mark Stark, CEO of Prudential Americana Group in Las Vegas, says he thinks appraisers are too focused on projecting how much prices could fall rather than reflecting what values really are. “The appraisers […]

Buyers Say Foreclosure Deals Taking Too Long

Banks are quickly accepting bids and writing contracts for foreclosed homes, but buyers are complaining that settlements are taking too long. Real estate pros say purchasing a bank-owned property is different than dealing with a regular home owner, considering that banks have to check claims on the property and problems can arise at closing. Plus, […]

Tread Carefully When Making a Low-Ball Offer

These days, it’s easier to make a low-ball offer than it used to be, but still it’s important to be smart. Here are some things that a real estate practitioner and would-be buyer should consider when contemplating such an offer: ● Use foreclosures as comps carefully. Look realistically at the prices foreclosures in the neighborhood […]

Antiquated Laws Make Foreclosures More Likely

Many states have laws on the books that make it difficult for home owners to avoid foreclosure, says a new report by the National Consumer Law Center. The center identifies these state laws as some of the most antiquated and unfavorable to home owners. Fast track foreclosure. In 30 states and the District of Columbia, […]

West End, short on foreclosures

this maybe the reason: Foreclosures on Hold While Stimulus Crafted Home foreclosures are slowing as lenders wait for Congress to approve the stimulus package. Foreclosures.com reported that foreclosures completed in January dropped 26 percent from December to 72,694, the fewest since April. On Wednesday, the U.S. Office of Thrift Supervision told the savings and loans […]

10 Cities Boasting Mini Sales Booms

Some cities that were hardest hit by the real downturn are experiencing mini sales booms.Las Vegas real estate properties are down 28 percent in price, but sales of homes are up 15 percent. Motivated buyers accounted for 64 percent of Las Vegas sales in October, says Radar Logic, a derivatives firm. That’s the highest rate […]