Sunday, September 2, 2012

Atlanta Bank Foreclosures ? Why Looks can be Deceiving? ? Real ...

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Many people take one look at Atlanta Bank Foreclosures and assume that they are a poor investment because of the exterior look of the home. When you look at a home in this fashion you might be missing out on the best home ever that fits the needs of you and your family.When banks own homes they don?t care about if they are move in ready or if there are repairs that need to be done. This is why you can negotiate the price and save thousands of dollars. You don?t only save money but it gives you the opportunity to have more money in your pocket to make necessary repairs that the banks will not do.The reason the homes look so bad that the banks own is because it takes months for a home to go through the foreclosure process. Most borrowers do not spend a minute of their time fixing up a property prior to losing their home. They might be so bitter about the loss of their home that they eve damage a few things. The exterior of the home will look very poor. You will notice that w hat might have once been a beautifully landscaped yard is now a bunch of weeds, dead grass, and trees. The exterior of the home may look in poor shape and weathered too.The good news is that even though Atlanta Bank Foreclosures look to be in really poor shape the majority of them need minor repairs. You will need to mow and provide water and things to restore the grass and the front. You may need to power wash the house and get rid of the dirt and grime. However, it won?t cost much money at all to restore a front yard to an amazing condition. The important factor is that when you are looking to buy a foreclosure that you can see the potential in the property when you are looking at them. Don?t assume that a home is a dive because the exterior is in poor shape. Most foreclosed homes owned by a bank will look to be in poor shape on the exterior.

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Source: http://rawbusinesslaw.com/2012/09/01/atlanta-bank-foreclosures-why-looks-can-be-deceiving-real-estate-foreclosures/

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