I've been fortunate to have some real live buyers to work with.
One buyer was looking for a bank foreclosure deal in Cobb County. They narrowed it down to 3 choices. Before we could put an offer in on their top choice, it was already under contract. This was a $600,000 new home on a very busy street corner. I was shocked that we got beat out on it. But I actually was grateful because I didn't really want them to buy it. Instead, we negotiated a great deal on their second choice. A bank foreclosure that was listed at $710,000 and we got it for $525,000
I'm working with one nice couple looking for a home with a pool in East Cobb or Alpharetta. They feel that while interest rates are low, it might be a good time to invest in real estate vs. the stock market. They currently own a small home and will be renting it out. I sent them a list of 15 homes, and of the 5 they chose to look at, 2 just went under contract.
I'm working with an out of town couple looking for a home that is convenient to Life College, a chiropractic school in Marietta.
I have two past clients who are now looking to buy a rental property in the north Cobb area. Every day I search the new foreclosure listings and send them the ones that look like good deals.
The bottom line seems to be that life goes on and people are still moving around. One way or another, people are finding ways to buy homes.
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