Buying in today's market requires a lot more patience and a lot more knowledge on behalf of your agent and you. There are short sales, REO's and what we call "equity" sales. You need to know about all of them in order to make the right decision for you. Let's start with a typical scenario about someone wanting to buy a home, so we can discuss how to buy a short sale. Mr. and Mrs. Jones are relocating … (2 comments)
buying a short sale: Top 5 Things To Consider When Buying A Short Sale
- 06/24/11 12:16 PM
So, you're ready to buy your new home! Congratulations! What's the next step? In this market, I would always go with an experienced Realtor who knows how to sell in today's market place. You really don't want to "go it" alone. Sure, you can search all of the houses on the market on the Internet, but that's just the frosting. The cake choice is where your options become a little less....sweet. I'm sure you've heard of REO --Real Estate Owned--properties. These are bank owned foreclosures. Today, let's cover the other 1/3 of the market, and that is our favorite topic----The Short … (35 comments)
How To Buy a Short SaleHow To Buy a Short Sale
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