Atlanta GA Short Sale Homes for Sale

If you are looking for homes for sale in Atlanta GA, you can't help but come accross short sale properties. Right now Atlanta City alone has more than 1,100 homes for sale listed as short sales. These are properties where the homeowner owes more than the property is worth, and are usually in default.

Atlanta Georgia Short Sale Search

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Atlanta Georgia Short Sales - Search For Short Sale Homes on the MLS

With the downfall of the housing market the number of short sale homes for sale in Atlanta GA has drastically risen over the past three years. While purchasing short sales can be a trial and take patience, it also presents an opportunity to get below market value properties. For more information on short sale homes, or selling your home as a short sale, visit: http://UShortSales.com

Georgia Short Sale Websites

What are Short Sales?

A short sale is essentiall a property where the home owner owes more than the market value. Short sales are usually in default, meaning the owner has missed mortgage payments and is in danger of foreclosure. If homeowners in these situations want to sell, they usually have no choice other than a short sale. For a short sale to be approved, the bank and all lien holders must agree to accept less than the full amount owed on the home loan. This process often takes a long time to get approved as banks are often overwhelmed by the number of short sale requests they receive. For this reason, purchasing Atlanta short sale homes often takes a long time.