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Marcus Shirley
Bottomline Realty Services
REALTY SERVICES, Inc.
1585 Old Norcross Road
Suite 208
Lawrenceville, GA 30045
toll-free866.736.7253
office678.518.6393
fax678.518.6394
E-Mail Marcus
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Check
our 'area specific' pages for EXCLUSIVE FORECLOSURE LISTINGS
in Gwinnett,
Dekalb,
Rockdale,
Atlanta
/ Fulton County.
Search
for Georgia Foreclosure Homes & Properties For Sale here.
Search
FEATURED Atlanta Georgia Homes & Properties For Sale here.
FREQUENTLY ASKED ATLANTA FORECLOSURE REAL ESTATE QUESTIONS.
How do I buy a foreclosure home or property?
You must be prequalified through one of our preferred
lenders, even if you already have a lender. This will not cost
any additional money to be prequalified by our lender. Then
we can submit a contract to our client with the prequalification
letter and seller addendums.
Can we submit a bid on a foreclosure
home property?
No, a standard Georgia contract must be submitted.
Can I make a cash purchase?
Yes, but must show proof of funds.
How much earnest money is required?
Minimum $500, payable to RE/MAX Greater Atlanta.
A copy of a check must accompany offers.
Are there any special documents that
must be submitted?
Yes, each bank has their own addendums that must accompany
each contract. These can be obtained from us. They can be reviewed
in advance.
Can we use our own closing attorney?
Yes, but the seller will also have an attorney. It is
easier & cheaper if using the seller's closing attorney.
Will seller do any repairs?
Not usually, the properties are sold as is.
Is renovation funding available?
Yes, renovation loans are available with approved lender.
Can I have an inspection?
Yes.
Can I get an appraisal on the property?
Values are established based on market analysis and bank
requirements. You are free to pay for your own. In most cases
your lender will require one.
How long does this process take?
Normally, it takes 30 days to close, however, this does
vary due to the fact that these are out of state sellers.
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