Special offer

7731 Gregg Rd. - Forclosures, REO's and Short Sales in Pensacola, Florida

Reblogger Charles Stallions
Real Estate Broker/Owner with Charles Stallions Real Estate Services 610125

This home will be held Open Sunday February 5th from 4 to 5 on the Charles Stallions Foreclosure Tour. Bring your check book as we will need a $1000. minium Escrow Deposit for each offer. Join us as we Tour the Top 5 foreclosures and have Dinner at Coltsons afterwards

Buyers are taking advantage of our Smooth Move Program at closing, Choose between 1% Cash Back,  1 years taxes paid, 1 years insurance paid, Free Home Warranty and Use of our Moving Van or Free Survey with Free Termite. Lots of choices but the Realtor should be Contact Charles Stallions 850-478-8811 and make your move smooth.

Renters are taking advantage of our Smooth Move Program, Choose between Free use of our Moving Van or a $25. or Gift Certificate. Be sure to ask about FREE Rent.

Call 800-309-3414 for Joyce Kelley CBR, CBA, Buyers Agent for Charles Stallions. I only work with buyers and tenants so you get my undivided attention.

Military Relocation to Pensacola NAS, For Rent 32514, Navy Times Rentals available

 

 

 

 

 

 

Click on Photo to Enlarge ML: 418650m RES A 7731 GREGG RD, PENSACOLA PR: $45,900
AR: Northeast Pensacola NONE NONE ApxSqft: 1,014
BR: 3

BA:F:1H:Style:RanchAcre:0.18 GAR:Drive OnlyYrBlt:1972DR: From N. Davis Hwy, head East on E. Olive Rd - (R) on Gregg Rd.$/Sqft:$45LO: SELLSTATE GULF COAST REALTY

Centrally located in NE Pensacola near shopping, medical, education and I-10, this 3br/1.5ba is priced to sell. Situated on a .18 acre lot, the exterior features a chain link fence and yard shed. The interior has large room sizes, eat in kitchen and a spacious laundry room. Make sure to see this home today!

--Information deemed reliable but not guaranteed--Copyright: 2012 by the Pensacola Association of Realtors, Inc.

Prepared by CHARLES STALLIONS of CHARLES STALLIONS RE SERVICES on 2/2/2012 8:41:44 PM

Buyers Agent makes buying foreclosures, REO's and Short Sales in Pace Florida profitable and easy

 

Via Nicky Dou | Century 21 Exclamation Realty (Northwest Arkansas Real Estate):

Buying a foreclosure, bank-owned, or REO home 

How is buying a home that is bank owned or managed different from other home purchases?  Usually, when buying a home, you deal with a seller who lives in the home.  On foreclosure or bank-owned homes, the bank has acquired the home through foreclosure, deed in lieu of foreclosure, or forfeiture. 

Tips for buying a foreclosure:

Most foreclosure properties are managed by a bank or third party asset manager, which in turn gives the listing to a Real Estate Agent.  Buying a foreclosure is a different process and can be very confusing, therefore make sure you have an experienced buyer's agent representing you and your best interest. 

Via Kamal Salim (Keller Williams Properties):

Buyers Agent makes buying foreclosures, REO's and Short Sales in Pace Florida profitable and easy

REO

Once a foreclosure has gone to auction and failed to sell, it becomes a Real Estate Owned, or bank owned, property. Most homes do not sell at auction, most fail to even get any bids.

An REO property is the least likely of the foreclosure properties to represent a bargain, but it is also the least risky. The property can be fully inspected, any title issues can be found and dealt with, and the sale can be subject to a mortgage. REO properties also tend to be in better condition than other foreclosure properties.

Another thing to keep in mind when purchasing a foreclosure is that some states have a redemption period that allows the original owner to buy back the property by paying the remaining balance owed. You may be able to have this redemption period waived, so check the state laws on this topic before purchasing.

Still interested in buying a foreclosure property? If so, always do your research before purchasing!

 - Forclosures, REO's and Short Sales in Pensacola, Florida

Charles Stallions Property Manager
Charles Stallions Real Estate Services - Pace, FL
Pensacola, Pace & Gulf Breeze Property Management

Great post and love the repost as well as the links are well worth reading as well.

Mar 18, 2012 11:14 AM