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The Impact of Distressed Sales on Relocation

Jill Heineck, Relocation Expert, CDPE, GA Associate Broker, ASR; Heineck & Company @ Keller Williams Realty First Atlanta
October 2009

Short sales. Foreclosures. REOs. These are not niche markets - they ARE the market, and are having an impact on local and relocation sales alike. But what is the effect on a relocation?
Here is the scenario. Mr. Candidate is moving from Atlanta to Dallas. He is taking a lateral position to retain employment, even though the home he bought five years ago is worth $50,000 less than what he owes on it. He needs to sell it before buying in the destination city, but will not be able to... Read On

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