FREE ATLANTA AND FORECLOSURE SHORT SALE LISTS-How to Find them and What They Are Used For!
What is one of the most widely sought out search term in Atlanta when it comes to real estate these days?? Atlanta Foreclosure and Short Sale lists!!
Why?? Because people are searching for the "forbidden fruit" the deals and properties out there that no one has. There are LOTS of resources to use when finding your "great deal." But, if you're not trained in the industry or know how to identify good deals, then what is the point???
If you're an attorney, nurse, or teacher, I can't expect you to know just by looking at a property and price whether it's a good deal the same as I don't know how to run a court room, assist a patient, or educate a student. Furthermore, one of the biggest myths of this time is that people believe that they will find their KILLER deal just by searching through a list. The fact of the matter is, good deals don't happen, they are made and fortunately I have made over 10 great deals since the beginning of the year. So, if you are bypassing properties based off list price alone, you are eliminating 85% of the homes out there and about 100% of the good deals!
Remember that you will NEVER know a good deal until you submit an offer. Wishing, hoping or guessing a deal will or will not come together NEVER works out. Until you start swinging the bat, you just don't know what you can end up with. Just ask my clients who swung a $94,000 offer on a listed home of $130k and got it accepted without ANY changes and see how powerful offers are in today's market place.
While "lists" are a great way to identify the "types" of properties you want, etc., your best bet is to work with a real estate professional that makes it their business to know more about Atlanta Home Deals than anyone else!!!
So, START with your lists, but FINISH with a qualified good-deal specialist realtor!
Click here is you MUST have that STELLAR foreclosure and short sale list!!
Atlanta HUD Homes and How to Find Them!
So, I'm often asked, what is a HUD home??
An Atlanta HUD (Housing Urban Development) home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
The Good, The Bad and The Ugly about Atlanta HUD Homes:
The Good
You can get homes at a great discount when you work with HUD, they offer low down payment programs, great first-time buyers incentives and can turn out to be overall pretty good deals.
The Bad
You must be a licensed agent to submit offers to HUD, so you need to work with someone who understands HUD contracts (which can be very difficult to submit) and has access to HUD-specific keys. Also, since the properties are sold at such a discount, some of them will not qualify for FHA financing and will need considerable amount of work. Furthermore, if you're looking to move quick, that is not a word that HUD understands. They are busy and backed up, so expect to wait a while on just about everything involved in the process.
The Ugly
HUD homes do not allow an "inspection" contingency out and will rarely refund your earnest money if you do find something wrong with the property. The only way you have the possibility of getting "out" of a contract intact is if you are ineligible for financing. These are "AS IS" properties and you, as the buyer, accept all faults with the property.
So, where are all the HUD homes in Atlanta?
Unfortunately, the HUD website is very confusing and hard to follow. The best resource for searching HUD's online is www.hudpemco.com. From there, if you like a property and want to make an offer, you must contact a HUD Registered agent, such as myself, to help with the process. This doesn't cost you a thing!
Finally, Who can buy a HUD Home?
Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.
For any questions you have concerning HUD's or the HUD department, feel free to give me a call at 678.463.3173!
Valentines Day can bring a lot of different emotions for people. Some love it, some loathe it, mostly in part because they make the holiday about a relationship with a significant "other." For me, the holiday is about the people and things in my life I LOVE the most. That ranges anywhere from my nieces and nephews to my Mom to my best friend to the experiences and challenges that have brought me to this wonderful point in my life.
However, I would have to say that the thing I LOVE the most in life is my career and its because I'm PASSIONATE about real estate and everything involved with it. I feel grateful EVERYDAY that I have the ability to support myself, on my terms and with the clients I chose to work with and chose to work with me.
Luckily, I'm not the only one feeling the LOVE....
In my 20 years experience as a top-producing real estate investor, meeting Winter was one of the best things that happened to me! Her outstanding knowledge and experience in the foreclosure and short sale market, along with her warm personality, has helped me to enter to a new era of my investments.
She finds the right properties in great areas at very low prices and make the entire process nice and smooth!! Most importantly, I am VERY IMPRESSED that she does not push me at all to buy to make a commission. She honestly wants to get me the best deal possible. I am looking forward to working with Winter Baserva for many more years to come!!
I strongly do recommend her to any one who is involved or wants to be involved in real estate.
Best Regards,
K. Gorji
Winter,
Reggie and I are taking a moment to say Happy New Year, and to let you know how wonderful it was to work with you.
We were uncertain of the challenges we faced but we're certainly glad you were on our team and up for the challenges :)
From our initial conversation it was clear you understood the competitive real estate market in the Atlanta area, I'm glad we chose you to represent us during the process because the outcome was a favorable one indeed!!!
Again thank you for your time, knowledge, wisdom and patience!
Blessings,
Cheryl & Reg
IMPRESSIVE!!!!! is just ONE of SEVERAL words I could use to describe Winter Baserva. Her originality, dedication and entrepreneurial spirit astounded me!!! Resourceful, innovative and unique in everyway. Kudos Winter for all you do and all you've done for me!! I will be your champion referral to ALL my friends!!!!
-E. Ghijandra, Dunwoody Homeowner
I had worked with several other realtors before who just weren't getting my needs. I was beginning to think that all realtors were all the same until I met Winter. She not only sold my home quickly, but she also found me my next home at the same time. She handled all the details in the process and saved me a lot of time, money and heartache. She was also available at all times when I would have questions--and boy did I have questions.
I would HIGHLY recommend Winter to anyone who wants a hardworking, reliable and overall STELLAR realtor!!
-R. Morea, Mercedes Benz of Buckhead
My husband and I are long-time investors and worked with Winter in purchasing several REO properties. Her knowledge and expertise of the foreclosure market astounded us and she negotiated the best deals possible. Even though we were not purchasing very expensive properties, she treated each one with the utmost importance. I can honestly say it's been a true joy to work with Winter and she is definately our realtor for life!
-L& D Lackey, Investors
I found Winter online while surfing for Atlanta properties. It was a chance encounter that turned into a wonderful experience. She picked out the PERFECT house for me and my family and dealt with all our sticky requirements (I needed to close in under 15 days due to a 1031 deadline). She made sure the job got done and done right. I couldn't have done it without her. I won't be leaving this home anytime soon, but when I do, I'll be sure to work with Winter again!!
-S. Berpa & Family
Wow, where do we begin? We met Winter B while searching the extremely large database of realty experts in the Atlanta metro area.
We knew we had the right realtor right a way. From beginning to end, her professionalism, knowledge of real estate and familiarity of the area was paramount. She was able to take our preferences a match them amongst houses that fit our family needs. She went above and beyond the call of a realtor...in fact we are happy to call her a real friend.
It is impossible to express how grateful we are to have had her to walk us through the home ownership process. I would recommend Winter as your #1 realtor!
Thank you Winter,
D&D Jones, SSGT, United States Air Force
TO ALL MY FRIENDS, FAMILY AND CURRENT CLIENTS AS WELL AS THOSE I WILL MEET IN THE FUTURE. HAPPY VALENTINES DAY!!!
ATLANTA NEEDS LESS REDC HOME AUCTIONS AND MORE ABSOLUTE AUCTIONS!!!
I get on average about 3-5 calls a day for a month before the REDC Atlanta Home Auction comes in to town from different people inquiring about my auction knowledge. As an owner of four auction properties, I can say without a doubt that buying auction properties comes with LOTS OF RISKS and several HEARTACHES.
However, most of the heartaches deal with the auction monopolies of the world like the REDC. Most people are not even aware other types of auctions exist because the REDC is so GOOD at marketing their brand (which by the way you end up paying for with their 5% mark up fee). That's basically what auction houses are.....GOOD MARKETERS, not necessarily the authority on "deals of a lifetime."
What Atlanta needs are more Absolute Auctions.....
Absolute Auctions are defined as an auction in which the property is sold to the highest bidder regardless of the amount of the winning bid. How unbelievably simple....You bid on a property and the highest bidder wins! No "outs" for anyone, just business done right!
The REDC's bids are "subject to managements' approval" and often there never is an approval. Just a lot of "run around" from disorganized closing attorney's handling too much volume and non-helpful REDC staff who are overloaded with questions they do not necessarily know how to handle once the "show" is over. What people don't understand is that if the property doesn't meet the sellers reserves, there is no sale and the buyer just tied up their time and earnest money for up to 30 days. Meanwhile, all the other deals are flying away to other savvy buyers!
If you are planning to attend the upcoming Atlanta REDC auction, please check out my blogs for loads of helpful information you can use to your advantage and learn from the mistakes I already made early on in my investing career.
And, if you need FREE representation to help assist in the process, please feel free to give me a call at 678-463-3173!
The INFAMOUS (very different from famous) Real Estate Disposition Corporation's Lender Owned Auction is Heading Back to ATLANTA....AGAIN!!!
That's right! The REDC Home Auction is coming back to Atlanta on Feb. 21, 2009. Many will flock to this event in the hopes that they will strike it rich with their "deal of a lifetime"!!!
As an owner of FOUR properties bought at the REDC auction, can I please give you one, tiny, little piece of advice.....go, BUT DON'T EXPECT TO FIND YOUR DEAL OF A LIFETIME!! If you have never been to an auction, click here to see what you can expect to find, as well as first hand testimonials of visitors experiences.
If you haven't already done so, YOU MUST read my blog about the 10 Biggest Mistakes Buyers Make in Today's Market, of which Mistake Number 7 is trying to find your bargain at an auction.
Don't get me wrong, I got a fairly decent price on the four properties I bought at the REDC Home Auction. But, by the time you add the auction fees, lender fees, closing costs, repairs (of which all of my homes needed between $10,000-30,000 worth of work), I realized that if I just would have been better off buying the home down the street directly from Mr. & Mrs. Seller......and FOR LESS.
Just a little mistake I made that I have the privilege of sharing with you. Furthermore, after more and more time spent at the auctions, I have seen more and more hearts broken. See the story of what happened to my last client at the auction.
See too many times we get caught up in the labels of "auctions, foreclosures and short sales" and miss unbelievable buying opportunities that are staring us in the face.
Now you HAVE to read my blog about auctions.......
Here are a Few Other Recommendations if you Plan to Buy at an Auction:
will need patience. Imagine how busy the closing attorney's are with over 1,400 Atlanta homes being sold. 
REDC-Real Estate Disposition Corporation
Lender Foreclosure Home Auction in Atlanta, Georgia
P.S. Did you know you can buy properties "auction-style" ONLINE from auction houses that are not as popular and have many less people bidding on them??? I can help you with that as well!
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As an expert in all aspects of Atlanta, GA real estate from buying and selling, to investing and REO properties, I empower my clients with the education they need to make an informed decision.
ATLANTA, GA
Why choose WINTER BASERVA?
Winter Baserva
As an expert in all aspects of real estate from buying and selling to investing and REO properties, Baserva builds her business based on comfort, honesty, respect, and trust by empowering her clients with the education and tools needed to make an informed decision.
Raised in Roswell, GA, she moved back to Atlanta in 2007, after working for a residential brokerage and commercial developer in Florida.
Her career originally started out in communications, advertising, marketing and public relations. Baserva has previously held positions with the Miami Art Museum, Miami Children's Museum, Grove Garden Luxury Residences, West Gulf Real Estate & Development, and others helping them grow their businesses through publicity management and strategic marketing campaigns. Her public relations skills have received attention from highly-accredited publications such as Interior Design, Time Magazine, The Chicago Tribune, Atlanta Journal Constitution, and many others.
She is active in many community organizations and donates to several community causes including Alzheimer's Association, Big Brother's Big Sisters of SWFL, Fraternal Order of Police, Girls Making It On Purpose and the Healthy Start Coalition.
Originally from Atlanta, GA, Baserva graduated from The Florida State University with a bachelor of science in communications with an emphasis in public relations. GO NOLES!!
I specialize in RELATIONSHIPS. Because isn't that where it all starts?? Whether I'm helping a first-time home buyer understand the loan process or an experienced investor get the most bang for their buck, I build TRUST and work FOR YOU!!!
It's my belief that you have to work both sides of the equation to really understand the full gammit of real estate. Although my people skills has lead me to work a lot with buyers, I also use my marketing and PR background to make sure homes sell and SELL FAST.
Also, because I have clients in both arenas I tend to bring my buyers to my sellers. Having a database of both sides helps your objectives. Be weary of too many "specializations." If you only focus on just ONE area or another, you can't see the big picture and will be less effective in understanding exactly what your clients need.
My 5 Siblings---6 kids, One Dad, BIG Family!
You SAVED our lives! LITERALLY! Winter is a ROCK-STAR and I would be in a TOUGH financial situation if it wasn't for her skills. I held two mortgages and needed to sell one of them FAST. She told me EXACTLY what I needed to do to sell my house quickly (even though I wanted to do things differently at times).
I had already gone through 2 other agents who were unsuccessful in their attempts. Within THREE MONTHS, she had us a FULL-PRICE offer and we closed in less than THREE WEEKS.
We are SO fortunate to have someone with such a solid marketing background. The way our home got sold was not off the MLS, but off one of the MANY websites she markets too and the Mom of the buyer found it online and sent it to them. WORDS WILL NEVER BE ABLE TO EXPRESS OUR GRATITUDE. This or any other testimonial on this site will NEVER compare to the outstanding agent and realtor extraordinaire that you truly are. THANK YOU, THANK YOU, THANK YOU!!!
P.S. She is about to sell my townhouse and we CAN'T WAIT to buy a "steal of a deal" with her. Her selling and buying strategies are unlike ANY we've ever seen.
-R. & L. Philips
My husband and I are new to home investing, so we knew that finding a real estate agent whom we could trust to guide us through the decision making process was crucial. We found that Winter was a perfect choice because not only is she a real estate agent, but she is also an investor too and her advice was obviously based on years of experience!! She gave us the confidence necessary to make a sound and profitable decision on our first investment and we are currently focusing on our next one. She is a good match for us and we are looking forward to a long and profitable relationship with her!!!
-C. & R. Parris, Investors
Winter is an absolute MUST-HAVE when even thinking about purchasing property. No matter how many clients she has, she makes you feel like you are the only one and your property is the MOST IMPORTANT. While she can give unbiased opinions on a property, she also feels and shares in the excitement with you as if it were her own. She knows EXACTLY what questions to ask to facilitate the process and makes everything seamless. We will NEVER purchase or sell another property without her!
Winter--You really have been great. We honestly feel that without you, we would not have been able to get the home of our dreams at the price of our WILDEST DREAMS. You are so great at what you do and it's obvious that you love your career!!! Thanks so much for everything!
E. & J. Bright, Delta Pilot
In my 20 years experience as a top-producing real estate investor, meeting Winter was one of the best things that happened to me! Her outstanding knowledge and experience in the foreclosure and short sale market, along with her warm personality, has helped me to enter to a new era of my investments.
She finds the right properties in great areas at very low prices and make the entire process nice and smooth!! Most importantly, I am VERY IMPRESSED that she does not push me at all to buy to make a commission. She honestly wants to get me the best deal possible. I am looking forward to working with Winter Baserva for many more years to come! I strongly do recommend her to any one who is involved or wants to be involved in real estate.
Best Regards,
K. Gorji, Investor
IMPRESSIVE!!!!! is just ONE of SEVERAL words I could use to describe Winter Baserva. Her originality, dedication and entrepreneurial spirit astounded me!!! Resourceful, innovative and unique in everyway. Kudos Winter for all you do and all you've done for me!! I will be your champion referral to ALL my friends!!!!
-E. Ghijandra, Dunwoody Homeowner
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