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Countdown To Buy Enters the Georgia Market

""Countdown To Buy"":http://countdowntobuy.com/, a next generation online real estate marketplace based in Bethel, Connecticut, announced Tuesday that it has entered the Georgia marketplace and will be featuring recently foreclosed properties throughout the state.


This sampling of properties comes after Countdown To Buy ""successfully matched buyers in 25 days or less"":http://dsnews.comarticles/countdown-to-buy-platform-sees-success-2010-03-30 with an initial set of pilot properties located in Texas, Connecticut, and Illinois. As a result of this success, a leading institution expanded their multi-state pilot into the Georgia market.

The Georgia properties will range in price from about $22,000 to more than $190,000 and are located in 17 different communities, including Alpharetta, Greater


Atlanta, Columbus, Kennesaw, and Stone Mountain. All properties can be researched on the company's Web site, ""Countdowntobuy.com."":http://countdowntobuy.com/

""Because of the uncertainty, risk, and anxiety surrounding purchasing an ‘as-is' property in foreclosure, buyers need more information to level the playing field,"" commented Jim Hodson, CEO of Countdown To Buy, in regard to Georgia's foreclosure rate being the sixth highest in the nation. ""These newly foreclosed properties are being featured with independent appraisals and broker price opinions posted within our online marketplace thereby enabling home buyers to buy with more confidence.""

Founded in 2008, Countdown To Buy uses a patent-pending technology that automatically matches buyers and sellers in a real estate transaction through a time-limited process that reduces the property's list price each day within a pre-negotiated price range. Confidentially-submitted offers are systematically compared to the daily price and when an offer matches or exceeds that price, it is automatically accepted.

""Our transparent, no negotiation approach is gaining acceptance quickly with agents and buyers, and our seller partners are experiencing the significant advantages our model has to offer compared with existing disposition methods,"" said Tom Furey, managing partner of Countdown To Buy.

About Author: Brittany Dunn


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