Townhomes At The Villas Of Barrett Lakes In Kennesaw (North Suburban Atlanta), Georgia To Be Offered At Auction Scheduled For February 21, 2009.

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24 Brand New Two And Three Bedroom Townhomes At The Villas Of Barrett Lakes In Kennesaw (North Suburban Atlanta), Georgia To Be Offered At a Real Estate Auction Scheduled For February 21. Eight Homes, Valued Between $199,900 And $264,900, Will Go To Individual Homebuyers And Investors Without Reserve And Regardless Of Price.

The auction will be a one-stop shopping experience for buyers who will be able to get an auction bargain price and set up financing at the same time. The developer will accelerate the sales process to eliminate carrying costs and pass these savings on to buyers in the form of discounted prices.

Zaremba Barrett, LLC., Developers, announced today the final sell-out at Real Estate Auction of 24 Townhome Residences in the Barrett Lakes Development in North Suburban Kennesaw, GA. The Real Estate Auction will take place at the Cobb Galleria Centre, 2 Galleria Parkway, in Atlanta, Georgia at 1:00 P.M. on Saturday, February 21, 2009. The Townhomes, valued between $199,900 and $264,900, will be offered with Suggested Opening Bid ranging from $67,500 to $87,500, or about 1/3rd of the previous pricing. Gordon Greene, Georgia R.E. Broker & Auctioneer will handle the sale in conjunction with Chartwell Auctions, with offices in North Carolina & Ohio. Gordon Greene, stated, "Eight of the two & three bedroom townhomes will be truly without reserve and regardless of price. In an Auction Without Reserve, the Bidders
determine the final sales price, not the seller."

The Barrett Lakes Townhomes range in size from about 1,655 Sq. Ft. to 2,047 Sq. Ft. and all have 2½ baths. Features include 2-Car Garages; Granite Countertop Kitchens; Marble Countertop Bathrooms; & Fenced Dicks or Patios. 90% Owner-Occupant Financing (APR 4.993%) is available to qualified purchaser through Fidelity Mortgage of Alpharetta, Georgia with closings in 30 to 45 days after the auction. Auctioneer, Gordon Greene, stated, "The auction will be a one-stop shopping experience for buyers who will be able to get an auction bargain price and set up financing at the same time. The developer will accelerate the sales process to eliminate carrying costs and pass these savings on to buyers in the form of discounted prices." CHARTWELL GROUP, LLC

On-Site Open Houses for the Townhomes are scheduled for Saturdays and Sundays, January 24, 25 & 31, February 1, 7, 8, 14 & 15 from 12:00 Noon to 3:00 P.M. and Wednesday evenings, January 28, February 4, 11, & 18 from 5:00 P.M. to 8:00 P.M. Barrett Lakes is located just 4 minutes North of Interstate 75 at Exit 267B. Take US 41 N to Vaughn Road & right to Bexley Place & then right to the Development.

For a free color brochure on the February 21 Real Estate with terms of sale and descriptions of all Townhomes you can call Chartwell Auctions toll free number at 877-430-9558. Who wants to pay retail when they can buy their home on a wholesale basis at the Real Estate Auction?

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Michael Berland
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