IBA Mountain Homes

IBA Mountain Homes is a realty group located in the North Georgia community of Big Canoe. Big Canoe® is a registered servicemark of Big Canoe, LLC. IBA Mountain Homes is not affiliated with the developer. IBA focuses on resales in Big Canoe including homes for sale, lots, and condos.

IBA created this blog to discuss living in Big Canoe as well as the North Georgia real estate market. We are full time residents of the Big Canoe community, and our job is real estate - thus the name of the blog! :) Our blog is opinion. Feel free to leave us a comment if you like, and as with anything on the internet, we urge you to always verify information independently.

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Going, Going, Gone! Big Canoe Foreclosure Under Contract

By kve | July 12, 2008

Thank you for all the calls, emails and follow-ups on my blog post regarding the Big Canoe foreclosure on the waterfall lot. I was joyfully overwhelmed by the response!! I probably showed that house 20 times and met a lot of people who shared the same vision that I did about that property. Others I took out there were shocked at the remote location and amount of work that needed to be done but still happy that they got to see it. The sad news is that it has gone under contract, and when I spoke to the listing agent she said it was a solid cash deal. Of course I wish I had procured the sale, but I felt happy that the little house has someone to take care of it and I envision it to be spectacular when it’s finished.

One point to tonight’s follow up blog is that even though the market is slow there are some diamonds in the rough that will survive any market. The fact that this home was a foreclosure made it attractive to the masses. The fact that it was 171K on a 2.6 acre lot on a rushing creek in Big Canoe was irresistable! It’s my job to find deals like these and throw them out there for all to see. Because I live here and know Big Canoe real estate like the back of my hand, I enjoy specializing in Big Canoe rather than spreading myself out through several counties and subdivisions like a lot of other agents I know. I seldom need to scramble through listings to preview before meeting a customer. 

Keep reading the blog - I’ll be looking for the next great deal in Big Canoe!  Also, keep in mind that fall is not too far off, so if you’re looking for a fall weekend retreat or getaway, be sure to check out our Big Canoe rentals now before they are booked!

 

Topics: All Posts, Big Canoe Real Estate |

3 Responses to “Going, Going, Gone! Big Canoe Foreclosure Under Contract”

  1. Edward Says:
    July 13th, 2008 at 8:02 pm

    That was a nice piece of land. Doesn’t surprise me that is got sold.

  2. Jeanne Says:
    July 13th, 2008 at 10:10 pm

    The house was certainly in dire need of an overhaul. Did it actually go under contract for the 171K?

  3. Karin Says:
    July 13th, 2008 at 11:19 pm

    Hi Jeanne,
    I have no idea what it went for since I was not the listing agent. Believe me I fished for the info. As soon as I find out I’ll let you know!!

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