Morris & Raper Expands to Include a Foreclosed Division

It’s no secret that foreclosure rates have skyrocketed over the past few years, and, according to ViaSearch, who is a market research company based in Atlanta, builder foreclosures are expected to be in the billions in the next 12 to 18 months. While these high foreclosure rates do not help the economy, they are a fantastic deal for home shoppers. The problem is that this particular segment of Atlanta real estate is not as easy to peruse as resale homes or new homes are. So, Morris and Raper, a premier source of many real estate agents in the Atlanta area, is going to help home shoppers easily find bank-owned properties with their new division: ForeclosedDeals.com.

The new bank owned properties division is completely devoted to selling, marketing and servicing bank owned properties including raw land, developed lots and new homes – single family homes, condos and townhomes. While numerous companies provide foreclosure listings, Morris and Raper represents only new home foreclosures, not resales. Their new division is already up and running representing several communities. Morris and Raper’s expertise in Atlanta real estate really gives them the experience and knowledge to capture this untapped market.