Call: 678-755-3711

Atlanta Short Sales

Looking to buy a short sale?

Read this first... What is a short sale? The short answer is a sale where the lender agrees to take a shortfall on the loan balance due from the current owner to release the lien and allow the property to be sold to another party.

Before the short sale can take place however, the lender must agree to take the reduced amount. Sounds easy, reasonable, especially considering the current real estate market? Yeah, not so much! Keep in mind you are dealing with a financial institution, need I say more? In addition, you may be dealing with more than one lien holder, in fact there may be several lien holders, there may be a mortgage insurance company, an investor that holds a portfolio of properties including the one you want. A host of people have to get in the boat to make a successful short sale. It is a tedious process, but as the saying goes... Good things come to those who wait, but not for those who wait too late!

WARNING, THE PRICE YOU SEE MAY NOT BE REAL! In most circumstances the bank has yet to approve a list price. They want an offer first. Therefore the listing agent is left to his or her own devices to come up with a guesstimate, a price that is low enough to generate an offer, but high enough for the lender to respond.  

WARNING #2, Short refers to shortfall, not short as in the length of time that it takes the bank to respond. Buying a short sale does not have to be a scary process. At Glennda Baker & Associates we have agents that specialize in short sales. Inspect before you buy is the best advice. Keep in mind that if the owner did not have the money to pay the mortgage they probably did not have the money for maintenance, repairs or upkeep and that all leads to problems when a home remains neglected over a long period of time and what may appear as a good deal based on the sales price in the end the total cost to own may be about the same as the well maintained, privately owned home that was priced to sell.  There are currently over 4,800 potential and approved short sale single family homes available, every shape, size and price range. I have organized this list highest to lowest based on price. If you see a home in here that peaks your interest you can, contact Glennda Baker & Associates and we can answer all of your questions when it comes to buying a short sale.    

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000


MLS# 4263335

MLS ID: 4263335
Price: $4,695,000
Address: 2335 Sugarloaf Club Drive
City: Duluth
Bedrooms: 7 Bathrooms: 9
Property Type: RES
Description: Elegance & sophistication. A 12 on a scale of 1-10. Not just fancy words. Look at the pics, panoramic views, aerial views. They will astound you w/magnificant beauty of this stunning estate, including views of gold course and lakes. Seeing everything in person is a dream!! EZ Apt. w/agent only. Gave at least 24 hrs notice. This is a short sale!
Listing Provided Courtesy Of: CENTURY 21 RESULTS REALTY SERVICES

MLS# 4138209

MLS ID: 4138209
Price: $3,150,000
Address: 5706 Kennedy Road NW
City: Suwanee
Bedrooms: 6 Bathrooms: 6
Property Type: RES
Description: APPROVED SHORT SALE AMOUNT. Property reduced from $10.5M. All terms of contract and buyer must be approved by bank. All buyers are to be pre-screened before showing appt scheduled. This fine, gated estate on a private lot offers lake views, 4 finished levels,guest house, English gardens, theater, billard room, catering kitchen, saline heated pool w/ pool house, 7 fireplaces, 6-7 car garage, 3 season loggia, high tech security w/ cameras, home automation system and an elevator to 3 levels. Potential add'l land available to purchase but not by this seller-sep sale only.
Listing Provided Courtesy Of: HARRY NORMAN REALTORS

MLS# 4296487

MLS ID: 4296487
Price: $2,750,000
Address: 831 MOUNT PARAN Road NW
City: Atlanta
Bedrooms: 8 Bathrooms: 9
Property Type: RES
Description: FABULOUS SHORT SALE OPPORTUNITY! AWESOME NEW CONSTRUCTION ESTATE ON 2+ GATED ACRES W/POOL, OUTDOOR KIT, RM FOR TENNIS. MARBLE FLRS,12 FT CEILINGS. TERRACE LVL W/ THEATER RM, WINE CELLAR, BAR, RACQUET BALL, BILLIARDS, SEPARATE APARTMENT. 3 KITCHENS. ELEVATOR. 95% COMPLETE. LET'S MAKE A DEAL!!
Listing Provided Courtesy Of: KELLER WILLIAMS RLTY CONSULTANTS

MLS# 4094937

MLS ID: 4094937
Price: $2,500,000
Address: 20 Providence Way
City: Milton
Bedrooms: 7 Bathrooms: 8
Property Type: RES
Description: POTENTIAL SHORT SALE. 'AS IS' NO DISCLOSURES. Gorgeous European designed by Bill Harrison on 25+ acres. Property offers a guest house, stables, lake & main home. The main home has 3 finished levels, au pair suite, recording studio, photo studio, two master suites, elevator to all levels, secondary bedrooms are oversized with private bath & custom walk in closets, 5 car garage, incrediable outdoor living area with full kitchen, Pebble Tec pool with waterfall & spa, half court lighted tennis court. So much more! Additional acreage available.
Listing Provided Courtesy Of: HARRY NORMAN REALTORS

MLS# 4229629

MLS ID: 4229629
Price: $2,240,000
Address: 4800 Candacraig Drive
City: Alpharetta
Bedrooms: 7 Bathrooms: 7
Property Type: RES
Description: Incomparable elegance!!! Must see no expense spared in the construction of this fabulous Alpharetta manor home. Massive rooms, ornate millwork - columns, cofered ceilings, heavy dentil crown mouldings, deep baseboards. Exquisite crystal crystal chandeliers in most rooms. Owner's suite to die for - you just have to see it. State of the art Chef's kitchen. Tremendous slate deck overlooks pool with waterfall and spa. Unfinished terrace level for future expansion
Listing Provided Courtesy Of: SMART DECISION- SHARON DOVER AND ASSOCIATES

FMLS LogoListings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2012 First Multiple Listing Service, Inc.

For issues regarding this website (and/or listing search engine, as applicable) please contact Real Estate Webmasters - 250-753-9893

5,063 Search Results Found. Showing Results 1 - 5.

1 2 3 4 … 1013 »

For questions regarding any of the listings shown, do not hesitate to contact us at your convenience.

  

Glennda Baker & Associates Featured Listings