Buying Foreclosure Income Property? - 08/14/08 09:06 AM
Hi all, Wow! It has been a long time since my last blog. I have been extremely busy working with clients that are taking advantage of the foreclosure market.  Having completed numerous transactions I want to pass on some helpful information. Here is a list of some key points to understand.
1. Fully explain the buying process to your client PRIOR to seeing property. Make sure you explain that each lender of a foreclosed property will act differently.  Some lenders will have strict guidelines. Ask from the listing agent a copy of the P & S and addendums.  Some banks will pass … (2 comments)

 

Michael Ross - North Shore of Boston

Beverly, MA

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Coldwell Banker Residential Brokerage

Address: 54 Dodge Street, Beverly, MA , 01915

Office Phone: (978) 233-2893

Cell Phone: (978) 233-2893

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