Going to The Atlanta Home Auction Today??
Today hundreds will flock to the REDC Home Auction in the hopes to find their "deal of a lifetime." As I've said time and time again, there are deals of a lifetime everywhere!! Don't be surprised if you don't find them at the auction today. And, if you haven't read my blog about auctions, READ THIS, before you go!!!
If you're going to be at the Cobb Galleria today, I would love the opportunity to meet with you in person. I'll be there educate buyers on the auction process, so call me on my cell at 678-463-3173 if you would like some free advice.
91,856 Properties For Sale in the Atlanta Real Estate Market as of Today!
That may sound like a lot to some of you, but in all actuality this is the lowest number that the Atlanta Home Market has seen in a LONG time. I can't EVER remember the GMAC Advertising Billboard on 75 & I-285 showing less than 100,000 homes for sale today in Atlanta, can you??
The September numbers are not out yet, but in August 2008, there were over 4,880 homes sold in Atlanta. From what I understand, that number will increase in September.
According to the First Multiple Listing Service, "There were 7,536 expired listings for single-family homes in August. This was only 224 more expireds than August of 2007 and the samllest year-to-year percentage increase since April 05-06. This may be a sign that the bottom is near."
No one is going to ring a bell at the bottom. Atlanta's housing market is strong, stable and as long as you have a steady job, and can prove you can buy a home, financing is easy. So, STOP WAITING FOR THE BOTTOM TO DROP OUT and get in on these MASSIVE discount prices.
Sellers!!! This goes for you too. Initially, you may feel its a bad time to sell, so you must read my blog about the opportunity you have in front of you too!!
91,856 and COUNTING DOWN!!!
One of the most common questions I'm asked is "What is a Short Sale?"
When a property is labeled as a "short sale" this means that the buyer is in default on their mortgage payments and has asked the lender to work with them in accepting less money than is owed on the current mortgage. Although the seller is still technically in possession of the property, it is the lender who will determine whether or not the home will sell. The lender will require the owner to submit a "hardship" application proving that the seller does not have the financial capacity to pay for the home or make up the difference in what the home might sell for versus what is owed. Once approved, the lender orders a BPO (broker price opinion) or an appraisal to determine what price would be fair for them 
to accept knowing they are going to take a loss.
Buying a home that is labeled a short sale at a good price is possible, but generally not without some challenges. Typical issues you will encounter are primarily time for acceptance and lack of firm pricing decisions. Quite often, lenders can take 30 days or more to respond to an offer due to the approval process they must go through once an offer is received. I've seen short sales in Atlanta take up to 6 months before there is a response. This lengthy and exhausting approval process can very frequently result in even "full price" offers being rejected. Sellers and lenders are under no legal obligation to accept even a full price offer. They can change their mind at any time and they often do. If you haven't read my series on the 10 Biggest Mistake Buyers Make in Today's Market, than at least read Mistake #5.
I've seen many homes listed at "incredible" prices and labeled short sales, only to find out that the price was never even in reason of being accepted by the bank. The seller/agent may have been trying to just create interest and get an offer to see if the lender would act on it. In the end, this creates frustration for everyone from the lender to the buyer, and the purchaser.
If you DO decide that a short sale is an option that you would like to pursue, be sure to get a qualified Atlanta realtor who understands the process, the best way to present your offer and the skills to know how to follow up with the bank and other agent....I've dealt with many short sales in my career and would be happy to pass along my findings. Katerina Gasset also specializes in short sales in Wellington, Florida and Chris Canzano is THE short sale specialist for SWFL.
There are still several Atlanta short sales on the market right now. But, what's even better are overall there are STILL just a ton of GREAT ATLANTA HOME DEALS right now whether they are short sales, foreclosures or just MOTIVATED SELLERS. I know the economy seems scarce, but Atlanta never saw the over-inflation of home prices the way other areas did and therefore is already starting to stabilize. Home prices increased 1.5% last month. Expect this trend to continue. No one's going to ring a bell at the bottom!!
So, get in on one of the biggest discount sales events this country has ever seen!!!
It's no secret the economy is in a little.....we'll.....a bit of a situation. And, the media and naysayers aren't making it ANY better. I don't know how many people I ask a day "How are you doing?" and hear nothing, but complaints or grunts. Or, even worse, when people ask me what I do and I say I'm in real estate, I hear "..oh, you must be having such a hard time right now.." 
Fact is, I'm not! And, I know a lot of other agents who are having their best years ever. So, why is one agent suffering while other agents are hitting the jackpot?? Many reasons, but the first and foremost is... MINDSET.
When was the last time you checked yours??
If you've read my blog ENOUGH ALREADY!! THE UPSIDE OF AMERICA'S ECONOMIC SITUATION, then you would know that more millionaires were made during the Great Depression than any other time in American History!!!No, we're not in the Great Depression or even near it, but there are tremendous opportunities for those who are looking for them and expecting them and who know how to create maximum momentum.
So, CHECK YOUR MINDSET by investing in YOURSELF!!!!! Tony Robbins (yes, the guy from Shallow Hal) will be hosting Unleash the Power Within event on Oct. 31-Nov. 4 in Orlando, FL.
We spend countless dollars on our MLS fees, Board dues, marketing seminars, technology upgrades, software, and endless widgets and gadgets....So, why don't we ever stop to invest in our....OURSELVES??
For those that live in Florida and surrounding the Orlando/Tampa/SWFL area, you are in for a SPECIAL treat. Tony's, hand-picked, peak performance coaches are in town and are able to come to your office, brokerage, home--you name it, to give you a FREE session! BROKERS--time to get your staff motivated again. AGENTS-time to check your most valuable asset, your mindset.
Contact Mike or Jairek for a FREE personalized session Mike.Mataraza@tonyrobbins.com or Jairekr@tonyrobbins.com
For those who don't live near FL, don't fret! His next event will be in NY.
And, for those who are looking for a top notch realtor who has a STELLAR MINDSET, call me so I can show you how to capitalize on the one of the biggest discount sales events this country has ever seen!!!
P.S. We're always quick to forward and comment on the negative news, but never stop to recognize the positive. We ALL know someone who could use a Mindset check.--please REBLOG this to your friends and family.
1400+ Homes MUST BE SOLD!!! The ATLANTA HOME AUCTION STARTS THIS WEEKEND!!!
That's right! The REDC Home Auction is coming back to Atlanta this Saturday, October 18.
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 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, so you don't make the same mistake. 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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