There are now many bank owned foreclosures or REO properties on the market at Lake Martin. We are no different from anywhere else in the country in that respect.
What is different about Lake Martin foreclosures is the curious choice that some banks or mortgage companies make when selecting a broker or real estate company. I have talked to quite a few lately, and have compiled a few quick reasons why banks will struggle to unload their REO inventory at Lake Martin:
1. Your agent is not a member of the Lake Martin MLS
click here to read the other 3 reasons on my blog Lake Martin Voice
The waterfront property sales in the Lake Martin MLS* ended the year by tying 2007’s December sales of 4.
When we looked at November 2008 sales for Lake Martin, we saw that 2008 monthly sales were starting to beat 2007. How did we finish the year?
To answer this question, and see a lot more graphs and analysis, CLICK HERE for my blog Lake Martin Voice
CNBC re-ran the story on HealthSouth founder and former CEO Richard Scrushy - On a show called “American Greed.” Not exactly the sort of bio that any businessman wants.
Every story I have ever read or watched about Scrushy inevitably mentions his “Lake Martin mansion.” Don’t get me wrong, it is a mansion all right. By almost anyone’s standards.
On Friday January 23, 2009 the Lake Martin waterfront home of 216 Harrison Road, Dadeville, Alabama (map here) will be auctioned off on the steps of the Tallapoosa County Courthouse, downtown Dadeville.
This is a rare type of auction in that, as far as I can tell, it is NOT a property tax auction. It it NOT a home being auctioned by a private auctioneer, so therefore it has NOT been heavily promoted or advertised. The only promotion I could find has been the customary notification in the legal section of the Dadeville Record.
Click here to go to my blog Lake Martin Voice to get a copy of the official legal announcement that last ran in the Dadeville Record on January 1, 2009.
Lake Martin’s newest deli and grocery - Catherine’s Market at Russell Crossroads - officially opened on Tuesday, December 16, 2008. I went by there today for lunch to check out the inside of the store and deli. It was really nice, a first class operation.
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As advertised, the market section had lots of cool, higher end grocery items. The wine shop was well stocked. I even found my favorite Rioja. I didn’t scrutinize the meat counter very closely, but I am sure that it is nice.
Click here to see more pics and get the menu from my real estate blog Lake Martin Voice.
Lake Martin - Alabama - let me help you see why so many people are finding a home (or second) here. Clear water, privacy, fishing, and fun await you at Lake Martin.
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