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home buying · home price expectations · home price reduction · homebuying trends 2022 ·May 06, 2022

Top 5 Cities for Price Cuts in 2022

A quarter of the way through 2022 the housing market appears to be on the precipice of something big. That “something big” could be another 20 percent year-over-year price gain (that’s what the big news was in March), but it...

COVID boomtowns · home price reduction · price drops · real estate market 2021 ·Nov 04, 2021

Where ‘COVID Boomtowns’ are Cooling

When COVID-19 hit the United States in early 2020, the national housing market took off. Although many urban areas – especially big, densely populated cities like New York City – have experienced what Zillow has determinedly referred to as a...

Tax Deed Acquisitions in Georgia

You are rewarded deed upon successful bid but it can still be redeemed within 12 months following purchase.If redeemed, the tax buyer surrenders the tax deed to the homeowner in exchange for all principal invested plus 20% penalty.

If not redeemed, a tax buyer can begin the foreclosure process. Also referred to as a “hybrid deed.”

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Pre-Deed Foreclosures

If the property does not redeem, the investor has the opportunity to receive the title of the property and if they do not want the property we can sell the property to another investor for an amount a little higher than the taxes and foreclosure costs the initial investor put into it.

There is very limited inventory on this type of acquisition, therefore they get sold very quickly.

Bank Foreclosures

The most common type of foreclosure acquisition. The banks foreclose on the mortgages and then offer the properties at public auction to investors within the county.

Nearly all bank foreclosures are going to require some level of repair, may require eviction, and a deep level of knowledge and experience in order for an investor to be successful.