Bank Foreclosures-no panacea - 09/22/08 08:21 PM
Working with first time buyers who are looking for the foreclosure deals is no PANACEA but rather a  heart wrenching, frustrating, experience that can be downright madening at times. Thought I don't profess to be an appraiser by any means, there are properties where the "highest and best use" of that property, in my opinion, would be to level it right down to the foundation and build new.
Not all properties fall in these categories but a significant number of them do.   Foreclosure properties are often no deal.  And working with the some banks can present a nightmare to all involved. They haven't seen the property but yet they are looking for unrealistic prices when often … (0 comments)

 

Fran MacDonald

Manchester, NH

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Partners Realty Group

Office Phone: (603) 606-4400 x 31

Cell Phone: 603785-237

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