Working diligently through the various hurdles of approval process, J.D. Kellum + Associates has been successful in stopping yet another senseless foreclosure in Atlanta's challenged condominium market. The sale of the Metropolis condo came after Kellum's team followed the FHA (Federal Housing Authority) "Pre-Foreclosure Sale" program guidelines. Within this structure, eligible homeowners are able to obtain approval to participate in a short sale prior to actually listing the property. This pre-approval allows the process to be streamlined and much better suited to today's home buyers, who have grown weary of long and uncertain short sale approvals.
The seller, a renown international photographer, desired to relocate his business to Miami out of need to better accommodate his demanding clientele. Since the waiting list for gaining leasing status was more than a year, the seller determined that short sale was the only alternative to selling the property without allowing it to go to foreclosure. In need of a real estate professional with significant experience in helping demonstrate "hardship" for the purpose of short sale, he selected J.D. Kellum + Associates -- a team with proven results in working with lenders and homeowners to find suitable alternatives for distressed properties.
Offered exclusively by J.D. Kellum + Associates, this Ansley Park home is one of the oldest homes in Ansley Park, believed to be built circa 1904 by a prominent attorney named Edgar Adams Neely, Sr. Mr. Neely built the house for his wife Emily and their three children. According to a book called "Genes of Ambition" that was written by Levering Neely, the home originally had gas lighting, a maid's house in the back (which is still there), a small barn for a pony, a garage, and a chicken house. The three children reportedly slept in the upstairs screened porch throughout the summer. The Neelys were big entertainers and hosted many musicals, which often involved their Steinway grand piano. The Neely's enjoyed the home for about 40 years, and then sold it to the current owners. The home has only had two owners and is located on a highly desirable lot overlooking "the Hollow" (now called Winn Park). Behind the unassuming facade are grand-sized rooms with hardwood floors, elevator, beautifully detailed moldings, grand staircase, tall ceilings, and fireplace. 
