It appears that we may finally be seeing the end of the Robo Signing crisis which has plagued the foreclosure industry for the last two years. For those who have not hear, there had been a lot of controversy over the “stamp” signing of every foreclosure process that came through due to the enormous volume. However according to DSNEWS a recent $25 billion settlement may be then end of the crisis.

This settlement also includes a good bit of training in regard to borrowers and the processes themselves to avoid so many problems in the future. According to Bru Krebs, our in house foreclosure expert “It is a systematic problem that no only plagues the foreclosure process , but also the title process going forward”. Now there is the issue of sorting out the remainders and cleaning up the mess that was all created. Krebs also goes on to day that “this should be a good thing for the market in all aspects” and with enough time “we should see things begin a normal process again”

Bru Krebs, an 18 year real estate veteran who began in the home building business and has emerged as one of Atlanta’s leading real estate and foreclosure sellers, mentioned that he “hopes this will help everyone and allow the market to finally correct”.

While Krebs admitted that there were a lot of issues in the foreclosure business, he did point out that Corelogic recently studied the market and notated a 4.7% drop in home prices over the last year. This makes an excellent time to be a buyer. Krebs also noted that his experience has benefitted his buyers in the foreclosure business in ways he never thought possible.

For all your real estate needs in Atlanta, Call Prime Real Estate in Ansley Mall at 404-685-3774. We are here to help!!!

If you are thinking about buying a home in the Atlanta area, a PRIME agent is your best resource.  We know where the best properties and deals are.  Our agents keep on top of the market and assist in finding the right place, negotiating the best deal, and getting the right financing.  Buying a home can be tricky, especially if you buy the wrong thing. 

There are several key factors to consider in purchasing a home including location, age, builder and finishes.  Many properties can look the same but be quite different.  For example you may find a property that looks great but has some underlying issues you may not be aware of.  Your PRIME agent can look at the history of the property and how its fits into todays marketplace.  There may be factors you need to consider when making your purchase decision.  Having the right resources makes all the difference.  Many buyers have rushed in and bought properties based on a feeling and not looked at the history.  This has often created a major problem for them in repairs, resale or valuation.  At no cost to you, a PRIME agent can help you sort out these issues to make the most informed decision possible.

“That is my job,” says Prime Broker Bru Krebs, “to make sure my clients are taken care of.  Repeat business is key to my success and happy clients make repeat business.”  The PRIME team works hard to ensure its clients satisfaction not only today, but in the future. “The relationship does not end at the closing table for us,” says Krebs, which is something often overlooked with so many other brokers.  Be careful, be informed and have the right tools and your home buying process will be maximized.