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379381 Freeport Dr, Lawrenceville, Georgia 30045 Foreclosed Home Information - Foreclosure Homes, Free Foreclosure Listings, Bank Owned Properties.
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This 2-4 Units property situated in 379381 Freeport Dr, Lawrenceville, Georgia 30045 is currently for sale and has Under Contract status. The Lawrenceville website suggests there is a family-friendly atmosphere with conventional principles. Here are some basic definitions of the terminology that you’ll see when dealing with real estate agents, foreclosure attorneys, trustees, banks and so on. Usually, they put the home up on auction, with a minimum or reserve bid equal to the amount of money they need to clear their debt and associated fees. Pre-foreclosure: This is the period before the property goes on sale at the foreclosure auction. For the homeowners, it’s also the period of time where they may be able to save their home from foreclosure, provided they can satisfy the debt and all fees. Redemption Period: In some states, there is a redemption period lasting from a few weeks to several months after the sale of a home at a foreclosure auction.
Real Estate Owned (REO): If no one bids the minimum amount at a foreclosure auction, then the bank owns the property. Short Sale: A short sale occurs when the bank or other lender agrees to take less than the total amount owed on the loan to satisfy that debt.
For example, in the current market in Florida you can find nearly identical homes in the same neighborhood on which the buyer can save $100,000 or more if they buy the foreclosed home vs. That means people who are looking to buy homes will be buying existing homes, rather building new homes.
Yes, this means that you’ll have more competition, both from private home buyers and from other investors compared to years past. I would also like to emphasize here that it’s important to work with the right real estate agent when buying a foreclosure property.

This is a short video of Noel expressing how she felt about the real estate service she received from me. Let me know if you would like to speak with Noel yourself about my real estate services, I would be happy to put you in touch with her. Advanced REO properties search by home address, REO # and MLS #, property type and status, price range and realtor name. This Single Family property situated in 1163 Swing Cir, Lawrenceville, Georgia 30043 is currently for sale and has Under Contract status. 30045 houses for sale, 30045 foreclosures, search for REO houses and bank owned homes in Lawrenceville GA, 30045 - page 28. Find REO homes in 30045 homes for sale, Lawrenceville GA 30045 foreclosed properties including 30045 HUD houses and 30045 government foreclosures, FHA foreclosure and VA foreclosures in Lawrenceville Georgia 30045. This Single Family property situated in 379 Shoal Ct, Lawrenceville, Georgia 30046 is currently for sale and has Under Contract status.
See all foreclosure homes for sale in Lawrenceville GA today, see multiple photos, maps and more. It offers the four-year Georgia Gwinnett College and the well respected Gwinnett Technical College. A wonderful location to call home but well divided from the hustle, bustle and traffic encountered in downtown Atlanta. In most cases, that means the bank or mortgage lender repossesses a house so that they can resell it to satisfy the debt.
This amount tends to be below market value, which is why you have the opportunity to get a good deal.
The pre-foreclosure period allows time for you to research the property and possibly contact the homeowners with a deal. This period of time happens before the foreclosure auction and is referred to as the reinstatement period. If the original homeowner can satisfy the debt during this period, then they can reclaim (redeem) the property. If that happens, then you can expect to pay more for the property to cover those additional expenses.

Obviously, a short sale helps the borrower since they can avoid losing their home and further damaging their credit.
And since there are more foreclosure homes on the market than we’ve seen in many years, home buyers will naturally consider buying these foreclosure properties alongside the more traditional real estate. If you are concerned at all about competing against other potential buyers, then the smart thing to do is make sure you have the right help in your corner!
I was able to help her find just the right home and take all the steps necessary to close the deal and get moved in on time! View all required contact information like name, phone and email, realty firm name and address.
The Gwinnett Medical Center is located in Lawrenceville and is the central hub of health care within Gwinnett county. The town square area has been going through a revitalization beginning in 2005 and there is a wonderful freshness now that includes new retail, professional, residential and recreational opportunities.
Since a bank is in the business of loaning money not holding onto real estate, the bank will try to move this property off their books. Otherwise, if the bank doesn’t do these things, then you can usually buy the property for less than the opening bid at the original foreclosure auction.
But in some cases, it makes sense for the bank as well, since they won’t have to put the time and money into going through the foreclosure process.
But also, lenders are dropping their rates in an attempt to get the foreclosures off their books, which results in people being able to buy a home for less expense than they are able to build a home.
There is now such a great selection to choose from, and foreclosed homes are in much better shape than they were just a couple of years ago.
I helped them find a great home and made sure they were able to close the deal and move in on time.

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