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foreclosures: Buying a Foreclosure. - 12/13/09 04:08 PM
A foreclosure home can make for a great investment. Here are a few items to consider when shopping within this special market:
1. The process is usually faster and less challenging than the short-sale process, and, in many cases, foreclosures offer a better deal than do short-sales.
2. Foreclosures are generally priced very well, many times below market value. Locally, foreclosures in good condition are selling close to asking price and, when multiple offers occur, ABOVE asking price! A home in good condition will often bring multiple offers, so be prepared to pay at least the bank's asking price.
3. Generally, … (0 comments)

 

Kathy Batterton

Pace, FL

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RE/MAX Infinity CDPE, E-PRO, GRI

Office Phone: (850) 995-0030 x 33

Cell Phone: (850) 377-7735

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