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FORECLOSURE FOR SALE If you are in the market for a foreclosed home, you are at the right place to get the help you need in Georgia. Our experienced foreclosure specialist John Reinhardt will help you buy a foreclosed home in the Atlanta Metro Area, market place. HUD, VA, Fannie Mae, Freddie Mac and many banks offer excellent buys on foreclosed real estate in Fulton, Cobb, Gwinnett, Dekalb, Cherokee counties.     Real Estate is expensive in the Atlanta Georgia & surrounding suburbs. John & his team always want to get the very best value for our buyers. One way to get good value is to buy a foreclosed home. John Reinhardt is specially trained and experienced selling VA, HUD, Fannie Mae, Freddie Mac foreclosures and we'll make sure that you get the… Read Full Post

How to buy a HUD Property in Georgia

 

Many people have asked lately how to go about buying a HUD property in Georgia. Here it goes in a short Blog.

 

1. A pre-qualification letter from the lender must accompany your offer. This letter must indicate that the lender is aware that the buyer is purchasing a HUD home and that a credit report was to determine loan eligibility.

2. All offers are subject to mortgage insurance company approval. The buyer does not have a binding agreement until they receive a copy of the executed contract from the seller.

 
3. Earnest money in the amount of $500 (sales price under $49,999) or $1000,00 (sales price over $50,000) must be in the form of certified funds, money order or cashiers check made payable to the…

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