Every week we review corporate-owned, lender-owned and foreclosure properties that have come on market in North Metro Atlanta and look for our favorite Deal and Steal of the Week.
Our favorite “pick” this week is a Alpharetta foreclosure home for sale in The Hermitage. This home was built in 1998 and sits on close to an acre with a finished basement. The home has 5 bedrooms and 4 full baths, plus a finished basement, boasting 3,199 sq ft of finished space, not including the basement. This home sold for $645,000 in 2007 and is now for sale at $456,000.
Remember that these “deals” might not always be what they seem– sometimes banks and corporations list their homes at or near market value regardless of their condition, so you always want to make sure you know what other homes have sold for in the neighborhood/area and how the neighborhood/area is trending in value.
Here you can find current foreclosures for sale in these Metro Atlanta cities: