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Should I Buy Foreclosed or Short Sale Properties in Orange County?

By Fred Sed

Real Estate Agent with Fred Sed Group ~ Your Premier Southern California Realtors CA BRE #01423187

June 13, 2014 02:19 AM

Should I Buy Foreclosed or Short Sale Properties In Orange County?

Over the last couple of years the Orange County Real Estate market has been booming and foreclosures plus short sales have been purchased at great prices.

The question that many of our clients want to know is should they purchase Short Sales or Foreclosures if the opportunity to purchase these properties come up? The answer is yes.

Short Sales and Foreclosures Are Still Available

Even though many Realtors in Orange County will tell you that short sales or foreclosures are no longer available because, that inventory has been all bought up, the truth is that there are still plenty of these properties available if you have a Realtor who wants to search for these properties for you.

Why You Want a Short Sale or Foreclosure

The biggest reason why you want to consider purchasing a short sale or foreclosure is value. In 2014 it’s still possible to find a Short Sale or Foreclosure for sale that’s priced significantly less than other homes for sale in the same neighborhood.

Many times with a Short Sale or Foreclosure it may take a little longer for your offer to be approved by the lender, and these properties might need some work when you move in, but the rewards are worth it.

With Short Sales or Foreclosures you will be a able to purchase a home that’s affordably priced and build equity quickly if you do some renovations once you move in.

Chose a Realtor Who Listens To YOU

Before starting your search for Orange County short sales or foreclosures it’s important to choose a Realtor who will listen and help you find a home based on your search criteria, not theirs....

At Fred Sed & Associates we’re experts at finding homes for our clients and we can not only help to find you Short Sales and Foreclosures, but also homes that might have to sell quickly due to bankruptcies or for any other reason.