Atlanta’s Foreclosures and Short Sales
When you buy a foreclosed (bank owned) or short-sale home, congratulations, you’ve probably gotten a great deal. However, just because the seller cut you a deal, there are two things that you should remember:
- The county still wants their taxes. It will collect its taxes at the old, higher appraised value – not at your purchase price.
- Don’t under-insure your home. Talk with your insurance agent about what kind of insurance you and your new home needs.
If you’d like help buying or selling a foreclosed or short-sale home, call us. Experience True Experience!