With the downturn in the economy and falling stocks and share values, people are looking elsewhere to invest their money. Investing in foreclosed homes like Atlanta Foreclosed Homes is considered as a good option.

In the present economic scenario, it is a good time for the small investor to purchase a foreclosed property for living in, resale or renting out. However people have wrong notions about Foreclosed Properties. Foreclosed homes are not always derelict and dilapidated. During economic down turn, more high-end homes go in for sale. Beachfront homes and Luxury properties in affluent areas also go under the hammer in the foreclosed list.

You can save quite a lot of money by buying foreclosed properties from the lender who holds the mortgage that is in default. He may waive some costs like closing costs.

Some houses may be in bad condition with missing light bulbs, roof leaks, damaged appliances ...

Real Estate is in an insecure position. If you want to invest, it is important to have the appropriate income, credit and job security. If you have these in place, there are many deals to be had. If a potential investor is not yet ready on this front, now is not a bad time to sit and do research. Watch the market, see how others invest, and then, when the time is right, make the best move you can.

Newly appointed Cousins Properties Inc. CEO Larry Gellerstedt said the Atlanta real estate market shows some signs bottoming out, and that the company should have many opportunities in 2010 to acquire distressed retail and office property.

"This isn't going to be a V-shaped recovery," Gellerstedt said Monday in an interview with Atlanta Business Chronicle. "But, we're going to see many opportunities to buy."

Gellerstedt, who joined Cousins in 2005 ...