With foreclosed and pre-foreclosed homes making up a large number of real estate sales in the past 18 months, it seems like a great idea for home buyers looking to get into a house at substantially below market value. That it can be, but it can also be a guessing game with banks taking between 4 to 6 months to respond to anxious buyers offers. Check out this article from WCCO News that gives some insight on roadblocks that may accure when dealing with bank owned properties. http://wcco.com/housing/short.sale.homes.2.1070807.html
Comments(0)