atlanta short sale tagged posts

Atlanta Real Estate Sales Statistics

During the month of August 2013, Atlanta home sales prices for single family detached residences averaged $244,297 versus $186, 864 in August 2012. Additionally, during August 2013, Atlanta home sales prices for single family attached residences averaged $182,703 versus $143,216 in August 2012. Houses and condos showed significant gains of approximately 30% from the prior year, a very positive sign. Inventory levels for detached single family homes declined about 4% while inventory levels for attached single family homes declined a whopping 29%, year over year for August. See the Atlanta home sales statistical map that provides insight into which areas of Atlanta are selling the fastest and which areas of Atlanta are selling for the most money.

Atlanta home sales statistics

Atlanta home sales statistics

Having be...

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Georgia’s Most Expensive Homes for Sale

Georgia's Most Expensive Homes for Sale

Georgia’s Most Expensive Homes for Sale

As of August 13 2013, there are over 1,000 active listings in metro Atlanta over $1,000,000 according to the First Multiple Listing Service. To preview the most expensive homes in the metro Atlanta area, click here.

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Atlanta Home Financing Update

The following is a guest blog from Jeffrey Heckman and Joanne Rotella with Shelter Mortgage Company and does not necessarily reflect the views of GeorgiaMoves.com

The Shelter Six

1. The recent mortgage rate surge began following a stronger than expected Employment Report released on the third of May. The logic behind the rise was that when the job market strengthens, the Fed no longer needs to manipulate rates down to such a low level.

2. Rates continued to rise following comments by Fed Chairman Ben Bernanke on June 19 indicating that the Fed would probably stop buying bonds sooner than expected. This bond buying program has been the #1 reason rates have been so low for so long...

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Is a real estate agent necessary in today’s hot market?

FSBO vs Real Estate Agent

FSBO vs Real Estate Agent

With metro Atlanta homes selling faster than Gladys Knight’s chicken and waffles, purchasers thinking of buying and more notably, owners thinking of selling, might be wondering if hiring a real estate agent is a necessity. Nowadays, home buyers can find homes on the internet, set up their own appointments to preview properties and submit pre-printed offers that can be obtained online or at the local office supply store. Likewise, sellers can get a for sale by owner sign, post their property on a number of FSBO marketing web sites and negotiate directly with interested parties. On the face of it, it seems that both parties may benefit by excluding third party interlopers from the deal...

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Atlanta Home Sales Statistics Map

Atlanta Home Sales Statistics for April 2013 YTD

Atlanta Home Sales Statistics for April 2013 YTD

The above map represents Atlanta home sales statistics for the month ended April 2013 year to date. I felt it useful to compile these figures on a zone map that makes it easier to research which areas of Atlanta are selling fast and for more money. Due to size constraints, I did not post the number of Atlanta home sales for each zone but send us a comment and we can forward you additional information for a particular zone. I hope the map assists you with a metro Atlanta home sale or metro Atlanta home purchase.

       Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience, cutting-edge technology, negotiating savvy, and exemplary service...

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Apply for a Short Sale

Apply for a short sale

Apply for a Short Sale

Take 5 minutes to fill out this short sale questionnaire so that we can better assess your situation and start researching the likelihood of conducting a successful short sale. All of your information is kept in the strictest of confidence. There are no costs or obligations, it is purely informational.

To apply for a short sale, please click here!

     Having been licensed since 1994, Craig Levine brings to your real estate deal a world of experience, cutting-edge technology, negotiating savvy, and exemplary service. With Century 21 in Atlanta, Craig was the #2 agent in the #1 office in Georgia in 1998, 1999, 2000, and 2001! He repeatedly received Century 21′s highest honor, The Centurion Award, in each of these years...

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Short Sale Checklist

Short Sale Checklist

Short Sale Checklist

One of the pre-requisites for short sales to be considered by your lender is having a proper short sale package. This is submitted, along with the accepted contract, to the lender. It is imperative that the short sale package be 100% complete or it will significantly delay the whole process. Please take a moment to review some of the documentation that will be needed. Additionally, your home will need to be as marketable as possible. You will be competing against many other desirable properties so sprucing up your home and keeping it clean is imperative. Don’t forget to check out Craig’s 115 Point Lube Job for Your Home that will give you the edge!

Items necessary for the short sale package:

  • Completed Financial Worksheet (will be provided)
  • A letter explaining your...
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The Short Sale Process

Short Sale Process

Short Sale Process

Ok, so now you know what a short sale is and you are probably wondering, “what’s the next step?” Well there are a couple of significant steps involved in the short sale process. Let’s discuss the six major steps to successfully conducting a short sale.

Step #1 – Understand your options and know what you are getting into 

Let’s start out by saying a short sale is not a good solution for everyone! If you have enough cash to cover the shortfall between your mortgage balance and your sales price, it may make sense to come out of pocket and proceed with a traditional sale to salvage your credit instead of conducting a short sale. If your credit is already in the toilet, that option, then, makes less sense. It’s sort of a catch 22...

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What is a short sale?

Right now might be a very trying time for you and your family. If you are facing difficulties and are behind on your mortgage, thinking about how you are going to make your next payment, or your lender has contacted you about foreclosure, don’t lose hope! There are several options available to you, including a potential short sale.


For a brief explanation of what is a short sale, turn your volume up and view the above minute and a half informative video about short sales.

In a nutshell, a short sale (as your lender views it) occurs when you sell your home for less than what is owed. Therefore, the lender comes up short of what is actually owed to them. That’s pretty much what a short sale is! 

Now, you can’t just put your home on the ma...

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