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Foreclosures in Athens GA

Everybody loves to get a great deal and purchasing foreclosures in Athens GA can be a great deal!

The home-fix-it shows give us great weekly stories about buyers who purchase a property for pennies on the dollar, do the repairs themselves and end up with a stack of built-in equity.  The thought to bear in mind is that these television shows are for entertainment.  Like hoping to win the lottery, real life is often something different.

That doesn’t mean that there aren’t foreclosure opportunities especially suited for you.  If you are a craftsman by trade or have a family member that is a contractor, you just might find a diamond in the rough.  However, if renovating a home to you means changing the curtains and hanging new towels, you should probably think twice about purchasing a foreclosure.

Most foreclosures have been neglected, and that only makes sense.  The former owner couldn’t make the mortgage payments and that’s why the property was foreclosed upon in the first place.  It follows then that it is unlikely that the home was maintained properly.  If there wasn’t any money available to make the monthly payments, there probably wasn’t any money to keep the house in good condition either.

We have found that most buyers prefer a home that is move-in ready.  By the time you add up the cost of getting a neglected home back into living condition or at least bringing the home up to standard so that it doesn’t deteriorate any further, the amount of money you have spent can exceed what you would have paid for a home that was already liveable.

Working with a Diamond in the Rough

For those with a hearty heart, bear in mind the following possibilities when considering a foreclosure purchase in the Athens area:

  • Generally, you will not be able to negotiate with the seller to have repairs done...you are buying the property AS-IS.
  • Depending on the agency or bank that owns the property, you might not be able to turn on the utilities for inspection purposes.
  • There could be NO appliances in the house at all...no stove, oven, dishwasher, microwave, or refrigerator.
  • Renovations might require: tearing out subflooring to repair rotted joists, replacing all of the flooring (carpets are usually in terrible shape), repairing a defective foundation, waterproofing a basement or crawlspace, putting a new roof on the house, replacing entire bathrooms, painting the entire inside and outside of the house, repaving the driveway, replacing garage doors, repairing or replacing a deck, and more (electrical, plumbing, etc.)

If you haven’t been scared away yet, set up a search on our site so that you can investigate some of the foreclosure and bank owned properties in Athens GA and the surrounding areas. Maybe you will find something that fits your skill level and presents a great value. Whether you are an investor or are hoping to purchase your own home at a great price, contact us at 706.543.3008 for foreclosures in the Athens GA area to begin your own personal home fix-it adventure!

Athens GA Foreclosures

10400 Old Federal Rd, Carnesville image
10400 Old Federal Rd, Carnesville $777,000

Excellent Location! 12.76 Acres on I-85 at Exit 160 with a 10,000 SF building. It also has a 2,000 SF house zoned cmmercial. There are about 12 acres undeveloped with lot...

  • 0 Baths
  • 8938006 MLS
185 Wiliford Street, Commerce image
185 Wiliford Street, Commerce $235,000

You will love all the beautiful renovations on this adorable home. Open the door to spacious living room with lots of natural light and stone fireplace. Kitchen features ...

  • 3 Beds
  • 2 Baths
  • 8937972 MLS
65 Creek Bottom Dr, Covington image
65 Creek Bottom Dr, Covington $170,000

Beautiful 3 bedroom 2 bath ranch with private fenced backyard. This home offers so many features. Amazing front porch. Formal dining room and formal living room with wood...

  • 3 Beds
  • 2 Baths
  • 8937422 MLS
1340 Tallassee Rd Unit na, Athens image
1340 Tallassee Rd Unit na, Athens $130,000

Stable investment property. Do not disturb the tenants. No showings until binding contract Both sides are currently rented. with a few updates and improvements this 2 bed...

  • 0 Baths
  • 8936988 MLS
117 Bearcreek Rd Unit 156, Eatonton image
117 Bearcreek Rd Unit 156, Eatonton $210,000

Nearly Level Lake Front! A short car/boat ride to all amenities. Newer seawall in place. Water and septic connected. Use the old single wide for storage while you build S...

  • 0 Baths
  • 8936884 MLS
407 Jackson St, Hartwell image
407 Jackson St, Hartwell $74,900

Great Investment property. Tenant occupied and would like to stay. Rent 550.00 per month.

  • 2 Beds
  • 1 Baths
  • 8935910 MLS
4800 Kensington Ln, Conyers image
4800 Kensington Ln, Conyers $181,000

RARE FIND BRICK RANCH, WELL TAKEN CARE OF, TENANT OCCUPIED, DESIRABLE SCHOOL DISTRICT; SPACIOUS ROOMS, NICE LOT SIZE FOR KIDS TO RUN & PLAY, SIDE ENTRY GARAGE, TONS OF CA...

  • 3 Beds
  • 2 Baths
  • 8935809 MLS
241 Brickleberry Ridge, Athens image
241 Brickleberry Ridge, Athens $205,500

Athens (East Clarke Co.) - VA Foreclosure - Two Story Ranch Home (Brick Accent) on 0.70 acre lot in nice Established Subdivision. 4BR, 2.5BA; Kitchen with Food Pantry (A...

  • 4 Beds
  • 3 Baths
  • 980044 MLS
190 Arbor Lake Dr Unit 2, Covington image
190 Arbor Lake Dr Unit 2, Covington $250,000

5 bedrooms and 4 full baths! Separate living room and dining room, family room with a fireplace, breakfast area, laundry room, bedroom and full bath on the main level. Be...

  • 5 Beds
  • 4 Baths
  • 8935083 MLS
882 Highway 162, Covington image
882 Highway 162, Covington $249,900

WOW!GORGEOUS FULLY RENOVATED VERY SPACIOUS BRICK RANCH ON 2 TRACKS OF LAND OVER 7.3 ACRES*NO EXPENSE SPARED IN MAKING THIS THE ABSOLUTE MODEL HOME*NEW INTERIOR AND EXTERI...

  • 3 Beds
  • 1 Baths
  • 8934270 MLS
975 Haymon Dr, Winder image
975 Haymon Dr, Winder $214,900

Spacious ranch home, great location, split bedroom plan, formal dining and eat in kitchen area. Family room with fireplace, master has tray ceiling and bath has sep sho...

  • 3 Beds
  • 2 Baths
  • 8933973 MLS
2178 Elks Club Rd, Covington image
2178 Elks Club Rd, Covington $299,000

Don't miss this one! Beautiful ranch home in need of some TLC to make your own. Spacious 3 bed, 2 1/2 bath home with 2 car garage sits on 2.55 acres. Separate living ro...

  • 3 Beds
  • 2.5 Baths
  • 8933723 MLS
285 Jackson St, Hartwell image
285 Jackson St, Hartwell $59,900

Great investment/fixer upper. Walking distance to shopping in downtown Hartwell.

  • 2 Beds
  • 1 Baths
  • 8933448 MLS
2796 Coventry Green, Conyers image
2796 Coventry Green, Conyers $245,000

No sign in yard. No Seller Property Disclosure Statement. Seller has never lived in property. Tenant occupied. Showings will be during due diligence period. Each side has...

  • 0 Baths
  • 8932890 MLS
208 Broad St, Greensboro image
208 Broad St, Greensboro $279,900

Former Greene Supply store enriched in local history & loaded with potential. Over 22,000 sq. ft includes 3 separate store fronts, loading dock,warehouse space, feasible ...

  • 0 Baths
  • 8932502 MLS
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