Gaines Park Senior Living
Kennesaw, Georgia
770.424.1414
www.gainespark.com
MARY ANSLEY SOUTHERLAND
Serving residents with quality care for over 23 years
W.D. Little Mortgage Owner/President
upside down on their mortgages before or after the
Great Recession could be weary of jumping into
another high-debt situation. Others may have just
renovated their homes to fit their needs and therefore
do not want to move. But the biggest issue, she said:
“If you sell, where do you go?”
She described the seller’s dilemma like “the cat
chasing its tail.” Although sellers can get unbelievable
prices on their homes, they will then enter the same
seller’s market they just took advantage of if they are
looking to buy another home.
Bunch said she has advised some of her clients
who have wanted to sell without immediately having
a contract on another home to enter into short-term
rental agreements, especially in areas of metro Atlanta
where they might be wanting to move or have always
wanted to live.
“Some of my clients have rented an Airbnb for a
few weeks or months so, as soon as they see something
and put in an offer, they’re ready to close. Right
now, I’ve got one family in Smyrna, one on Lake
Allatoona and one in Buckhead. It makes you more
aggressive and appealing as a buyer. No one is going
to take a contingency on selling your home right now.
A lot of people aren’t even taking loan offers – they’re
40 COBB LIFE | JUNE 2021
/www.gainespark.com