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Atlanta Foreclosures and Short Sales

Facing Foreclosure?

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If you are facing difficult times and are behind on mortgage payments or if your lender has contacted you in regards to foreclosing on your home, there are several options, including a short sale. A short sale may be the best way to keep your credit intact (or from getting worse) for future purchases and can usually help you exit from a property without having to pay anything.

Thousands of homeowners in the United States are facing the same challenges as you every single day. Now more than ever before there are solutions.  Atlanta has one of the highest foreclosure rates in the nation, so don't feel like you're alone. A short sale may be the best way to keep your credit intact (or from getting worse) for future purchases and can usually help you exit from a property without having to pay anything.

Typically, a short sale is conducted to prevent a bank from having to foreclose on a home. Although the lender may ultimately collect less than the amount owed on the mortgage, they will save money by not having to pay attorney's fees, go through an eviction process, make repairs to the home so it is marketable, or have the expense of keeping real estate in inventory. Short sales can be very tricky and time consuming and need to be negotiated with the lender. Elegance Realty specializes in marketing property where a short sale may be a seller's last option before the home is foreclosed on. If you are behind on mortgage payments, have been contacted by your lender about foreclosure, or are considering selling your home to avoid foreclosure, call Elegance Realty about negotiating a short sale for you. We negotiate short sales on behalf of our clients and can usually find a purchaser for your home very quickly. The key to a successful short sale is to call Elegance Realty as soon as possible.

Kemi Salako
Elegance Realty, LLC
Duluth, GA 30096
678.757.KEMI (5364)
shortsale@AtlantaMetroRealtors.com

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Disclaimer: The information provided on this website should not be constituted as legal advice.
The content is intended to provide general information about the short sale and foreclosure processes, and should not be acted upon without the counsel of a qualified REALTOR®, attorney, and tax expert.
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