What Is A Short Sale?

    A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold to…

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    Fickling & Company Broker Receives Ambassador of the Year Award

    The Greater Macon Chamber of Commerce and the Macon Economic Development Commission (MEDC) hosted their 155th Annual Meeting on Thursday, December 3rd at Middle Georgia State University. During the meeting Patty Burns, a broker with Fickling & Company, received the Ambassador of the Year Award.  The Ambassadors Committee maintains and enhances a membership retention program…

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      New Commercial Retail Real Estate Developments

      Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks.  Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…

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        Multi-family Real Estate Market Q3 2007

        In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize.  We may have been too optimistic.  We now believe the housing slump will continue through year end and start to stabilize in early 2008.  Some of the statistics that influenced our prediction…

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        Vday in Macon

        If you’re spending Valentine’s Day in Macon, Georgia, you’re in luck — this city knows how to do romance without trying too hard. Whether you’re planning an elegant dinner or a full date-night experience, here are five spots that make the perfect backdrop for love. A top pick for a romantic evening is Dovetail in…

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          Commercial Real Estate Forecast 2008

          Whew!!  2007 – “That Was The Year That Was”.  That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate.  We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…

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            Things to Consider Before Listing Your Commercial Property

            When you get ready to sell your property, there are a number of things to consider before listing.  Who will market the property, how much to sell for, how and where to market the property, just to consider a few.  Selling a property is a time consuming and tedious project therefore, consider the following questions before…

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