Thursday, 18 February 2010 06:33

Why is this Lake Lanier Foreclosure still on the market?

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The market is correcting, are buyers?

Here are the stats: 5 bedroom, 4 bath, 3700 square feet on 3/4 of an acre with a gentle walk to a covered double-slip dock. Reduced from $549,900 to $449,900!

Limited Supply of Lake Lanier Foreclosures

Limited Supply of Lake Lanier Foreclosures

Limited Supply of Lake Lanier Foreclosures

I’ve tried to sell this home and frankly I’m baffled that it’s still available. Has the news media drilled into buyers heads for so long that the market is horrible and they should be able to buy foreclosures for 25 cents on the dollar? This is a $600k home all day long and for the life of me I can’t believe it isn’t under contract yet.

I’ve run a quick check of homes on the lake in the $400’s and $500’s and there are not many others like this with the proximity and easy walk to the dock.

If you are looking for a fantastic deal on Lake Lanier, with a dock, this is the property for you.

Contact us to see this exceptional opportunity. Or, look for yourself at searchlakelanier.com and see what you can find.

The North Group

We are your source for buying and selling real estate in North Atlanta, serving North Fulton, East Cobb, Forsyth, Dawson, West Gwinett and East Cherokee counties. When you choose The NORTH Group to assist you in selling your home or guiding you through the purchase of a new home, you are benefiting from more than the wealth of experience we have in real estate. From past corporate lives we bring a high level of expertise in contract negotiations, research/due diligence, project management and customer service.

Website: TheNorthGroup.com

Lake Lanier Weather

Chance Rain Showers, Probability Of Precipitation: 30% Today: Chance Rain Showers
61°F | 48°F
Rain Showers Likely, Probability Of Precipitation: 90% Tomorrow: Rain Showers Likely
63°F | 50°F

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