Real Market Experts

Donna Littleton, of the Atlanta RME franchise, takes you through the process, step by step, on how to set up your own profile on Atlanta's largest MLS service, and search for investment properties with custom criteria.  You can create your own profile, save search parameters, view complete listings, and more - all from your computer.  As of this writitng, there are over 50,000 listings in the Atlanta Metro Area for you to search!

In Donna's example, she searches bank-owned homes selling for less than $75,000 that are at least four bedrooms.  She also narrows this down to homes that are 10 years old or NEWER!  Does she find properties? 

Find out at:  bank owned Atlanta MLS search.

Note: To skip the introduction, fast forward to 3:40.
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In this webinar, Chris Littleton of the Atlanta franchise delves into his team’s experiences with REO properties (real estate owned by the banks) vs. short sales.  Short sales are potential sales by the owner of a property whereby the sale price will not cover the amount owed on that property.  In effect, the seller (and buyer) is asking the lender to "short" the loan - i.e. accept less than the amount owed on the loan as full payment.  REO properties are those properties already foreclosed by the bank and now owned outright by the same.  

Chris explains the differences between the two, how they approach both, and why one is generally easier to work through to a successful purchase than the other. 

See Chris and Donna Littleton's presentation at  - REOs vs. Short Sales.