The reasons why GA has so many foreclosures go beyond just a lousy economy and overextended homeowners. Metro Atlanta has no real boundaries and during the boom the area grew unbridled…until the bubble burst. GA is a non-judicial foreclosure state and lenders can execute a foreclosure in as little as 30 days. Another major problem for the Metro Atlanta market continues to be mortgage fraud. Atlanta continues to be in the upper tier for mortgage fraud volume and federal investigators have been and remain busy in this market.
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Hank Miller is an Associate Broker & Certified Appraiser working full time in real estate since 1989. He specializes in the north Atlanta real estate market which includes Alpharetta, Marietta, Roswell, Duluth, Kennesaw, Sandy Springs and surrounding areas. Visit the main site at www.hounddogrealestate.com and reach Hank anytime at 678-428-8276 or EMAIL Hank
