Real Estate Investors Stop Paying for Foreclosure Data
December 16, 2008
During the last twelve months the number of available foreclosure deals in the Atlanta area has skyrocketed. Real estate investors are like children in a toy store when they read the Atlanta foreclosure reports.
While real estate investing has long been an Atlanta tradition the recent boon in the number of foreclosures has created so many steals and deals that new investors and seasoned investors alike are clamoring to get their hands on the most recent foreclosure reports.
There are so many services which offer to provide foreclosure data that the first time investor may be easily confused as to whether they are receiving the best information with the best deals for their goals.
I recently attended a seminar where the presenter displayed multiple pages of foreclosure deals all from the Atlanta area and offered to sell the reports, weekly, to each of the members of the audience.
When asked if they had any specific information about any of the foreclosed properties he said, “You need to contact a professional real estate agent for detailed and specific information.”
It did not take me long to decide if I had to contact a professional real estate agent for Atlanta foreclosure information – why not just deal directly with a knowledgeable agent from the beginning?
Of course that’s my two cents, I welcome yours.
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