There are a large number of bank owned properties coming on the market for resale this year.  These are excellent opportunities for investment way under market value.  Most homes require a little rehab work, but it is well worth the effort.  As a selling agent specialist for Countrywide Home Loans, I have seen homes sell as low as $14,000.  We also have auction homes with bids starting at $1000. 

There are definitely some deals to be had out there for the savvy investor.  Contact a Prime Real Estate associate to find out how to get the best deal for yourself.  They are definitely there.  This is an excellent opportunity to get in the right property at an insane price.  Bank’s are desperate to clear their books and the prices reflect that. 

There are a few things to remember though when making an offer though.  All homes are sold ‘as is’.  A prequalification is required prior to making an offer, and a few complicated seller’s documents have to be signed to make it all happen.  It is always best to have a PRIME associate help you make sure you getting the right property at the right price and that all the paperwork is in your bet interest.  Contact a Prime Real Estate associate today at 404-685-3774 or through the ‘contact link’ on our web site at www.atlprime.com.