Local Real Estate Comments and Ramblings


Short Sale? Consider your credit.

Do you need to sell your home for less than what is owed?  This is possible to do and it can be a good alternative to foreclosure or simply mailing the house keys to the lender.  With a short sale there will be a ding to your credit but it will be much less than having a foreclosure.  After a foreclosure the minimum time to qualify for a new mortgage will be 2-3 years.  After a short sale it would be very feasible to qualify again in a year or maybe even less. Every situation is different and a short sale may not always be the best solution. Here is a link to a recent blog post that I wrote on some of the choices a seller may face. Foreclosure, short sale,loan mod or bankruptcy? What's a seller to do?



Many people with homes underwater (when the market value is less than the amount due on the mortgage) are either walking away from their homes and letting them go to foreclosure or working out a short sale with the bank. .


Are you underwater on your home? Behind on payments?  Has your listing expired with another agent?  I sell the homes that the other agents can't (or won't) sell!  If you want serious marketing and exposure for your home to get it sold fast, even in today's market, give me a call or email!  I'm always here to help.

Marietta, Kennesaw, Acworth, Powder Springs, Smyrna, Cobb, Roswell, Sandy Springs, North Fulton, Cherokee, Bartow, Paulding, Douglas, Short sale, expired,




Bob Southard
Broker - Owner  Atlas Realty Service LLC #75911
1% Listing Commissionand BuyerRebates



CALL ME DIRECT: 770-656-9134

Buy a home, Sell a home, in Powder Springs, Marietta, Kennesaw, Acworth, Smyrna, Dallas, Hiram,and Cobb, Paulding, Douglas, North Fulton, South Cherokee, County, Ga. Call me for all of your real estate needs.

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Comment balloon 0 commentsBob Southard • March 17 2010 12:07PM


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