Foreclosure Bus Tours get new spin by Metro Atlanta broker

Released on: June 9, 2008, 2:54 pm

Press Release Author: Tonya Bothe

Industry: Real Estate

Press Release Summary: After Seeing People Getting Taken At Auctions Metro Atlanta
Broker Decides To Educate

Press Release Body: Unfortunately, many people at auctions have not been able to get
all the information they need in time and can end up paying more than the homes are
currently listed for on the market. Plus, auction buyers will pay auction house
fees that can reach up to 5%. For those seeking foreclosures on the courthouse
steps, they aren't guaranteed title insurance, meaning that they might not have
clear title and could have their great investment stripped from them.

A real estate broker in Gwinnett has decided that the best way to keep people from
getting taken advantage of at auctions and on the courthouse steps is by educating
people for free on their foreclosure tours.

"As we all know, the market needs to get cleaned up. If people continue to get
taken advantage of, especially at auctions, the market is going to continue to get
worse. There is more to understanding foreclosures than people might think. House
Hunters Tour has been designed to enlighten people so that they can make good
decisions, and if they don't buy through us, that's ok. In order for the market to
not get worse, people need to know what they are doing. The people are looking for
the great deals out there, and there are lots of them; but, they need to be educated
so they don't just think they are getting a great deal only to learn later it wasn't
the deal they thought it was," says Bobby Wood of Bob Wood Realty.

Clients are educated in a 15 passenger bus that has been equipped with a large
monitor for the presentation. The 3 hour tours are just now in the beginning
stages, but are already operating out of three metro locations. Plans for expansion
and larger territories are already being considered.

Bob Wood Realty was founded in 1973 and was one of the first real estate companies
in Georgia to open its own real estate school. The company is family owned and
operated and is founded upon the principle of educating residents with the goal of
bringing affordable real estate to all. More information can be found at
http://www.househunterstour.com and http://www.bobwood.com





Web Site: http://www.househunterstour.com

Contact Details: If you would like more information, or would like to schedule an
interview please contact Tonya Bothe or Bobby Wood at 770/449-4410 or email
tonyabothe@bobwoodrealty.com

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