According to RealtyTrac, Georgia ranks number six in the country for foreclosures. The number of foreclosures in GA pales in comparison to some of the harder hit areas like California and Florida with six to ten times more foreclosures.
These 11,947 foreclosures in Georgia account for approximately 1 out of every 331 homes. Every month we see hundreds if not thousands of homeowners here in Atlanta and the surrounding cities lose their homes to foreclosure without exhausting all of the options available to them, one being a short sale since most homes have negative equity and can’t be sold via a traditional sale.
If you need to short sale your house, contact us today or learn more by getting a hold of our short sale manual designed specifically for Georgia residents. Find out if a short sale is right for you to stop a Georgia foreclosure.
