Roswell’s Steal of the Month

Looking for something newer and smaller?  Currently there’s a foreclosure in the Creekside at Mansell community just waiting for a new buyer.

This townhouse community was built by Pulte in 2001.  This 2 story unit has 3 bedrooms, 2 and half baths and has over 1,600 square feet and a 1 car garage.  All it really needs is a good cleaning to be move in ready.  There’s even a side by side refrigerator that conveys with the property.

Roswell’s Steal of the Month

Nestled in a quiet cul-de-sac, sits a large 4 bedroom contemporary home waiting for a new owner.  This home is located in popular River Ridge subdivision, a short distance from Roswell’s historic square.  River Ridge is popular with families with its mix of both contemporary and traditional homes and because of its active swim and tennis amenity package.

The previous owners of this home had already started renovations in the kitchen; granite countertops and new cabinets are both in great condition.  The baths still need updating and the flooring in the great room needs to be replaced.  Sitting on a full basement, this 1,843 square foot 4 bedroom, 2 ½ bath home is listed for $283,000.

Roswell’s Steal of the Month

Talk about a great location!  Nestled on a large treed lot in an older established neighborhood is a 1960’s traditional in need of some love.  Home sits on .85 acres and is just shy of 2,000 square feet.  Currently being offered for $189,000 with 3 bedrooms and 2 1/2 baths.  Minutes to Historic Roswell and an even shorter distance to Roswell’s popular park on Woodstock Road, you can’t ask for a more convenient location.

So Roswell, You Want to Buy a HUD home…

No, this property is a not a HUD home but for the longest time HUD foreclosures did have the reputation of looking like this.  HUD properties have become very popular for not only first and second time home buyers, but also with investors. HUD foreclosures come varying conditions.  I’ve seen some that are basically move-in ready and others that were barely habitable.  The overall consensus is that buyer’s can get a really good deal on a HUD property.  I am consistently asked about HUD homes, what they are and how does a buyer get one.  Here are a few general questions to hopefully shed some light:
What exactly is a HUD home?
HUD stands for the Department of Housing and Urban Development. HUD guarantees mortgages made using the FHA loan program. When a FHA borrower defaults, the home becomes a “HUD” home, which you can buy.
How do I get a list of HUD homes for sale?
Go to www.newbidselect.com.  This site is very user friendly and you can look up homes by city, county or zip code.  Best of all, this site is free and you don’t have to register to search from properties.  Keep in mind that HUD adds new properties to this list all the time, so you have to keep checking for new properties being added
Who can I buy a HUD home?
Anyone who has either been pre-approved for a mortgage or a cash purchaser. HUD homes are initially open to owner-occupant buyers only. If they do not sell during that initial period, then they are open to all purchasers, including investors. If you will be obtaining financing to purchase a HUD home, a copy of the lender’s pre-approval letter must accompany the offer package.
How do I bid on a HUD property?
You place an offer on a property through a HUD registered broker (fortunately, I am one).  The earnest money deposit must be held by the Broker in the form of certified funds in order to submit the bid.  Earnest money rarely exceeds $1,000.

Roswell’s Steal of the Month

This month’s foreclosure opportunity is in the Lake Forest subdivision.  Conveniently located just off of Old Alabama, Lake Forest is just minutes to Georgia 400.  This is a nice sized, friendly community that offers it’s own small lake.  Most of the homes are a contemporary style with a few 2-story traditional homes mixed in.  Homes in Lake Forest were built in the early to mid 1980’s.  The schools are excellent, Northwood Elementary, Haynes Bridge Middle and Centennial High.

Roswell’s Steal of the Month

Welcome to the Woodfield subdivision in Roswell!  I’ve branched out to the other side of GA 400 to let you know about a foreclosure that’s worth a look.  The Woodfield subdivision is off of Holcomb Bridge and Eves Road.  I have a special place in my heart for this subdivision, as it’s where I had my very first listing over 14 years ago.

Roswell’s Steal of the Month

Looking for a brick ranch on a huge lot in Roswell?  Here’s a great opportunity that just came available yesterday.  Lovely nearly ¾ acre level lot with lots of mature trees, this home built in 1968 is a definite keeper!  Great bones but be ready to remodel to make it your own.  The home is approximately 1,900 square feet, boasts 4 bedrooms and 2 full baths and a side entry 2-car garage.  The neighbors on either side keep their yards maintained and all the mature trees offer loads of privacy.  This home is located in the Roswell High School District and is within minutes of Historic Roswell.

Roswell HUD Property in Prime Location!

A HUD foreclosure in Roswell has hit the market and it’s a steal!  It’s located on a quiet, primarily brick ranch neighborhood and within walking distance to the square.  I’m really excited about this property because it was just a year or so ago that I sold a very similar home on a street behind this one for $230,000.  This HUD home is priced at $182,000.

Another Roswell Find

Looking for a small community with no yard maintenance?  Discover Roswell’s Manchester Place.  Manchester Place is located on Holcomb Bridge between King and Hardscrabble and just 3 miles from GA 400. 

Relatively new construction, Manchester Place was built in 2006 by Beazer Homes.  Beazer is headquartered in Atlanta and has been building for decades.  They are consistently ranked as one of the top ten single-family homebuilders in the Nation.