REO's and Foreclosures - Think they could possibly be for you?
I just sold and closed two foreclosures recently and the two sales couldn't have been more completely opposite! One needed work (203k) from head to toe - you know the kind you hear about where the seller decided to cut parts of the furnace out of the unit! The other was fabulous with a remodeled kitchen and 42" maple cabinets. That one needed painting and new carpet but needed minor TLC. It had the best location backing up to a pond!
What did these buyers both have in common?
- They weren't afraid to get their hands dirty and do some work for future equity!
- They had to be flexible with all the paperwork delays!
- They were pre-approved and knew exactly what they could purchase and didn't go over their budget!
- They asked lots of questions thruout the entire process which made them comfortable with the scenarios and with their purchase!
- They kept a positive attitude thru the entire transaction!
Interested in purchasing a home in the Northwest Suburbs? Please don't hesitate in giving me a call so we can get started right away!
203K FHA Rehab Loan
Hoffman Estates Village Bio
Schaumburg Village Bio
Elk Grove Village Bio
Schaumburg - Best Places to raise your kids, runner up.
Is it FHA Approved?
Downpayment Assistance for First Time Buyers - ADDI
Tips for buying a Foreclosure
Buying a Bank Owned Home - REO
Hoffman Estates - Top Selling Subdivisions
Common Buyer Closing Costs
6 Common Problems that Spook Buyers
How to pick a Buyers Agent
What is a Buyers Agent?
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What did both buyers have in common?
Lyn that is the key. Flexability and patience