KeySource Real Estate has many Bank Owned properties throughout Rochester and southern NH. Bank owned properties HAVE been prevalent to the market for over 3 years, it still surprises me how many agents out there still are impatient and unaware of how the pending sale process of these properties work.
The responses from the bank asset management companies are always unknown and vary. It may take up to a week or more to get a contact signed and or counter back to. In many cases, multi offers happen due to the time factor.
KeySource Real Estate has found that the sales prices of our bank owned properties are sold at or over the list price! That doesn't indicate that the buyer isn't getting a great deal or the best deal possible. Most of them require a different amount of work needed and the location of these properties make a huge difference.
Rochester, NH is a great place to invest in Bank Owned properties! Plenty of housing demand and it's convenient location to the seacoast makes Rochester, NH home to many wonderful families.
To all of you buyers out there thinking about buying a bank owned property. Winter is approaching and many of these properties are soon going to be winterized! SAVE money and buy sooner rather than later!
Most of the banks require the buyers to pay for de-winterizing and most properties become more damage over the winter months. The properties become harder to conduct showings as they are cold, not plowed and dark!
To be on our email list for bank owned properties please send us an email info@keysourceRE.com or call our office (603)335-0700.
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