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Such a DEAL! . . . Maybe It Really Isn't
I would like to share with you a very good post written by Carla Muss-Jacobs. She makes some very valid points on buying distressed properties. If you're thinking about buying foreclosures in Appleton or the Fox Cities Valley just give me a call, Bob Edwards at (920) 202-2431. I'll provide you with a list of foreclosure homes and share more important tips.
This blog was inspired by Charles Buell's The Perfect Storm 
I started thinking about this, and realized how amazed I am that some short sales, but mainly foreclosures are coveted by Buyers. 
Why?
Because Buyers think that a Foreclosure, mainly, is a great bargain.  The lure of getting something for nothing, or a lot of house for a little buck.
Sometimes that's the case.  Most times, it's not.
The main thing to consider when you are representing a Buyer, or are a Buyer, is condition.  The condition of foreclosure property might be in dire straights -- a tear down -- or, it might need some sweat equity.
Rarely, and I mean rarely have the foreclosed homes I've toured been move-in ready.
If you're a Buyer, or representing a Buyer who is interested in Foreclosures, try to be realistic.
Do you have ... more

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