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Want to Invest in Atlanta Foreclosures?

Don't do anything until you read this and watch the video below.  It will save you a lot of time and frustration.

Do you really have the time and expertise to find the properties and deal with all of the details?

The smartest thing that you can do is partner up with someone who knows what they are doing.

I want to introduce you to Rateb "Rock" Shukoor.  He's been investing in Atlanta real estate for over 10 years and has done over 600 transactions.  He knows his stuff and is always looking for partners who want a high return on their money.

Typical Transaction:

  • Nice home with fair market value of $100,000

  • Buys it for $30,000

  • Fixes it for $5,000

  • Sells it for $90,000 through owner financed land contract. All closings are done at a conventional closing attorney like any other real estate transaction.

  • Typical buyer is someone who can't qualify for conventional mortgage.

  • $5000 down payment, Monthly payments of $900, payments equivalent to prevailing rental rates.

  • Buyer cleans up credit and builds equity over two to three years

  • In two to three years, buyer qualifies for conventional mortgage and pays off the owner financed mortgage.

  • If things don't work out, home is taken back and new buyer is found.

  • Buyer has owner mentality, not renter mentality. Don't have to play landlord.

  • Do the math.  That's a great Return on Investment.

How does one get homes for 30 cents on the dollar? 

  • Cash offers, close in seven days

  • Connections with asset managers and REO agents

  • Bulk discounts

Take the time to watch the 15 minute video and then contact Rock Shukoor at 678-938-4776.  His website is www.HassleFreeREPartnership.com . Tell him Tim sent you.

 

Many areas on the southern part of Atlanta have taken a beating in prices over the last three years.  Many areas are at the point where prices are way below the cost to replace them.  That's usually a good time to buy.

Look at the charts.  These are 12 month moving averages of the prices of single family detached homes in various areas.  Notice that they are far below the prices of 2002.  Some prices have been cut in half.  I can't predict the future, but how much lower can these prices go?  People have to live somewhere.

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Where We Do Business

Our market area is in the north metro Atlanta area.  We service Cobb County, north Fulton County, Dekalb County, Forsyth County and Gwinnett County.  We are very familiar with Sandy Springs, Dunwoody, Marietta, Roswell, Alpharetta, Buckhead, and Midtown. 

We have sold homes inside the perimeter and outside the perimeter.  We can't know everything so for clients who want to look for property in Peachtree City, Newnan, Stone Mountain, Douglasville, Macon and areas further out we will gladly recommend a good agent who specializes in those areas.

We help buyers negotiate with builders for residential new construction houses. New houses in Atlanta are hot right now. We can represent you in the purchase of your new house built by any of the following builders: Torrey Homes, MDC Homes, Centex Homes, Pulte Homes, Morrison Homes, Ryland Homes, John Wieland Homes, Winmark Homes, Meridian Homes, John Willis Homes, Benchmark Homes and many more home builders.

We can help clients find short term apartments for rent but normally we don't work with clients who are just looking for rentals.  We do help clients find Atlanta condos.  We can also help you purchase HUD homes in Atlanta.  We are an authorized agent with them and have the HUD key to get into HUD homes.  We have access to foreclosure homes that banks want to sell.

We love showing executive homes and luxury homes. We always like to know how people find our site.  Send us an email and tell us which search term you used. Some terms that we might be found by are realty Atlanta, Ga homes, Atlanta realty, condos Atlanta, Atlanta realestate, Atlanta property, houses Atlanta, Atlanta realtors, Ga houses, or realtors Atlanta.  Maybe you found us by typing in Atlanta MLS listings, or Atlanta MLS search, or MLS Atlanta GA. Hopefully we don't come up under nursing homes or funeral homes.

It is always amazing to me how the Internet can allow total strangers to find each other and build new business relationships.  It truly is becoming a small, interconnected world.

 

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Call Home Atlanta with any questions you might have. 404-216-0472

Atlanta Home Buyer Rebate

All information about homes from the Atlanta MLS home search engine is input by thousands of individual real estate agents throughout Atlanta and is made available through a service called ListingBook. We provide access to this data for the convenience of our clients.  We have no control over this database.  All information on this web site is copyrighted and intellectual property of HomeAtlanta.com. It is deemed to be current and accurate, but is not warranted.© 2002. Tim is a licensed Realtor with Atlanta Communities Real Estate Brokerage.

Tim Maitski is a member of the Atlanta Board of Realtors

 

01/07/2016