As active fix and flip investors we’ve purchased numerous homes throughout the years from wholesalers all over metro Atlanta. What we typically find is that they sell properties with very little margin or supporting comparable sales. Therefore, we look through hundreds of properties before we find one that meets our criteria of having comparable properties to support the price. At Atlanta Wholesale Homes we deliver properties that are truly below market. Now, the definition of “below market” can be subjective. If you ask ten different investors you’ll get ten different answers. Here’s how we define “Below Market”:
1. Must have 3 “sold” comps that are within a one-mile radius of the subject property. The 3 comps must be within ~200 square feet +/- of the subject’s living space.
2. Subject property must be at least 20% below the average of the 3 sold comps.
It’s not easy to find these types of properties. We spend thousands of dollars on marketing and countless hours searching for deals that meet this criteria.
We are marketing specialist. Our arsenal of marketing strategies includes:
You must also deposit $2,500 of earnest money for your offer and contract to be complete.
Unless your offer is all cash you’ll need to be approved with a hard money lender and submit proof of funds or approval letter with the offer.
Because of the deeply discounted prices we have negotiated on the properties we resell to investors and the small margins we work off of, we are unable to negotiate on the prices offered. We provide real values and discounted prices on the wholesale properties we offer.
Because we usually buy and sell many properties monthly it is extremely important for you to close on the anticipated closing date in your contract to avoid penalties. We take each and every offer very seriously.
All offers are subject to prior sales and withdrawals.
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Once you have completed the contract and addendum please fax them back to 770-395-7600.
2897 N. Druid Hills Road, NE., #Ste 400
Atlanta, Georgia 30329
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