This is a list of short sales and foreclosed real estate and homes for sale in Atlanta, GA. This search pulled all real estate listed as distressed properties from FMLS. A distressed property is a property that is either a foreclosure or short sale.
View our frequently updated list of foreclosed real estate and homes for sale in Atlanta below. View property information, neighborhood information, and other pertinent facts to help you make a sound decision. You may also visit our advanced MLS search page and fine-tune your search.
View a list of foreclosed and short-sale properties for sale in Atlanta.
What is a Foreclosure?
Foreclosure is the legal process by which a lender seeks to collect money it is owed when a borrower has stopped making mortgage payments. The lender will try to recuperate some or all of the outstanding balance on the loan. They will do this by seizing the property and reselling the mortgaged property.
Atlanta Foreclosures and Short Sales Market Report
As of January 2022, the Atlanta real estate market is humming. Foreclosures and short sales are few and far between. The pandemic has caused a flurry of buyers to enter the market, consequently driving up the value of real estate across the country, and Atlanta has been one of the markets where buyers have jumped in and scooped up properties. A net positive migration rate into the Metro-Atlanta area has resulted in a shortage of homes for sale.
However, that does not mean that there are zero distressed properties on the market. As a matter of fact, short sales and foreclosures raise their heads from time to time. The best way to learn about short sales and foreclosed real estate for sale in Atlanta is to bookmark this page and come back often.
Reach out to us here at Floyd Brooks Atlanta Real Estate and we will be happy to assist you with your next real estate transaction.