According to the National Association of Realtors, existing homes sales are up 6.8% over the previous month. This is a great indicator that the spring market has hit. There has never been a better time to get off the fence and start your road to the American Dream.

Additionally, we are seeing foreclosure inventories gear up for the spring and summer sales seasons. Some estimates are that last quarter saw more than a 35% increase in foreclosures over the previous quarter. This means that banks are finally able to recover some of the assets that have been on hold due to the mostly failed modefication programs set forth by the federal governement.

For some time there has been a bottleneck of inventory that has been held up in these failing government loan modeifcation and retention programs. As a whole, these programs have done very little except hinder the overall recovery and liquidation of the distressed assets on the books at our banks and mortgage lenders.

Many industry experts see FNMA and other government lending programs as so far in failure that they may see extinction in the coming years.

However, for buyers and investors, now is the time to take advantage and get in on what could be your greatest opportunity for wealth building in a lifetime. Call the Prime Real Estate foreclosure experts to find out more and to find out about foreclosures before they hit the market.

Experience has taught us that the good ones go right away, so ensure your position at www.atlprime.com.

Just announced by fannie MAe (FNMA) is a great new incentive for those foreclosed homes missing their appliances. FNMA is offering up to a 3.5% incentive toward, Closing Costs, The purchase of Wirlpool Appliances or a combination thereof. Call your Prime Real Estate FNMA specialist today for more information.

To be eligible for the program, the following criteria must be met: The offer must be written AFTER January 28, 2010, The property must close before May 1, 2010 and the buyer must be an owner occupant. Second homes are also eligbile as long as they are owner occupied. Investors are excluded from the program.

So act quickly as time is almost gone for this program. Call Me or any of yout Prime REO specialists at 404-685-3774 or visit our web site at www.atlprime.com

Today the stock market is mostly flat in reaction to today’s real estate news. According to Smart Money in an article dated Augst 26, 2009: “New home sales for July climbed 9.6% from the previous month, with an estimated 433,000 sales. Economists expected a 4% increase and new-home sales of 395,000 for the month. ”
What does this mean for you? It means the best time to buy is now to take advantage of the best prices, interest rates and incentives before things change.
Call your Prime Real Estate Agent for details at 404-685-3774 or visit our web site at www.atlprime.com.

Check out the amazing lots at Coastal Georgia’s Greenwood Plantation.  Located on Cathead Creek in Darien Georgia this former Rice Plantation (Circa 1830s) has amazing marsh front and coast side lots starting at only $66,000.  This is a HUGE reduction in price to make the perfect buy for builders and homeowners alike.  If you are looking for an investment property, there is no better price or place than Greenwood.  Greenwood Plantation is an incredible ‘All Green’ development where impact on the environment and ecology is minimal.

Ask us about the special builder packages/incentives that are available.  All the home sites are very special with lots of trees and great space.  This is a private 33 home gated community with special touches everywhere.  The home sites are scattered among five distinctive communities, each with its own uniqueness. 

The club facility has guest suites, grilling/ picknick area, large pool with decks, screened porch that overlooks the marsh and water, two guest suites, fitness area and game room.  There is also a full kitchen and lodge area with fireplace for those relaxing coastal nights.  Walk along the private dock to see how special this is.  Also, don’t forget to watch for the wild life that frequents this serene property. 

call Bru for your personal information package including photos and pricing for all home sites.  www.atlprime.com, www.greenwood-plantation.com, (404) 849-2623.  Email bru@atlprime.com.