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Georgia Real Estate Article

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Finding Real Estate For Sale

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Finding real estate for sale is easier today than ever before. Obtaining listings from websites means you no longer have to drive around town looking at homes with for sale signs or wait for an appointment with a real estate agent. With this in mind, if investing is your strategy, remember that simply purchasing a property to resell or rent to tenants is not the end of the story. Smart real estate investors look for properties that are below market value. A good way to find these is to look at foreclosures. Some homes that have been foreclosed on will be ready to rent or resell at a profit. Other buildings may need renovations or updates in order to sell them. Working with a trusted real estate agent who specializes in foreclosures, knowing what you are investing in ahead of time by carefully looking the property over and making the best deal you can will help insure that you come out ahead of the game.


Getting your hands on foreclosure listings


Obtaining and reading a listing of properties that have been foreclosed on can have its advantages. Ideally a listing will have a photo of the property as well as any pertinent information about the property. You will know ahead of time what features and amenities the property has. If you are planning to purchase the property strictly as an investment, these features can be strong selling points. Other pertinent information will include the asking price, which usually can be negotiated even on a property that has been foreclosed on. The lot features such as lot size, sewer and utilities should be listed as well as building interior and exterior features. If appliances are going to stay they will be listed as well. Homes that have been foreclosed on will not have a tenant or homeowner there so the real estate listing will be your main source of information. This also generally means possession after closing is immediate so there is no wait for the current tenants to move out. This is the best way to make a quick turn around on your investment. It is also imperative that you do get a listing of foreclosed properties, either from a bank, credit union, mortgage company, real estate agent or online. Most of these properties will not have a real estate for sale sign in front of them until after they have been put on the market which could mean less negotiating power for you. Many times the companies that have repossessed the properties will send someone around to do repairs or other updates to the property before they are listed with a real estate agent. Making an offer on these properties before that happens can lead to a win-win situation for everyone involved.







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Georgia Real Estate News

Photo Release -- Georgia REALTORS(R) Contribute More Than $300000 to Support ... - MarketWatch (press release)


Photo Release -- Georgia REALTORS(R) Contribute More Than $300000 to Support ...
MarketWatch (press release)
The Georgia Association of REALTORS(R) is a voluntary professional association of approximately 26000 licensed real estate brokers and salespersons engaged in all aspects of the real estate business throughout Georgia. GAR is the leading advocate for ...

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Weingarten Realty Closes on Strategic Sale of Industrial Portfolio to a Fund ... - MarketWatch (press release)


Weingarten Realty Closes on Strategic Sale of Industrial Portfolio to a Fund ...
MarketWatch (press release)
HOUSTON, May 24, 2012 (BUSINESS WIRE) -- Weingarten Realty Investors (NYSE:WRI) , a leading owner, manager and developer of shopping centers, announced today that it has closed on the previously announced sale of its wholly-owned industrial portfolio ...

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Georgian Railway pulls listing in latest IPO setback - Reuters


Georgian Railway pulls listing in latest IPO setback
Reuters
Earlier this month Russian real estate investor O1 Properties pulled its listing due to choppy markets. Georgia also blamed its decision on volatile markets, with uncertainty over the future of Greece deterring investors from taking the risk of putting ...

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Gator sightings reported in northeast Georgia pond - WTVC


Gator sightings reported in northeast Georgia pond
WTVC
Officials from the Georgia Department of Natural Resources say they suspect that someone kept the alligator as a pet and then dumped it in the pond. 8:00 PM- Shark Tank (HD, Repeat, TV-PG) Real estate mogul Barbara Corcoran returns with other ...

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Universal Alloy gets $250K grant for plant expansion - Bizjournals.com


Universal Alloy gets $250K grant for plant expansion
Bizjournals.com
REBA, which operates through the Georgia Department of Community Affairs , provides help to businesses for real estate acquisition, infrastructure, construction, and machinery and equipment costs, the Cherokee paper explained.
Universal Alloy in Canton gets grant for expansionCherokee Tribune

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